MBA Admissions 2019-20

MBA Admissions 2019-20

IIM Indore sets new record with 89.25 lakh package

PUBLISH DATE 16th March 2019

The placement process at Indian Institute of Management, IIM Indore just got over and the highest package offered this year is Rs 89.25 lakh per annum. The Institute has still now not disclosed the company name

 

The placement process at Indian Institute of Management, IIM Indore just got over and the highest package offered this year is Rs 89.25 lakh per annum. The Institute has still now not disclosed the company name and the domain name where the offer was made. This year more than 200 recruiters have participated in the placement process out of which 57were the first time recruiters.

The final batch of IIM Indore Post Graduate Programme and five year Integrated Programme in Management this year had 607 students in it. As per an official notice released by the Institute, this batch is considered as the largest graduating batch across all IIMs.

As per ZEE News report, according to IIM Indore official, “The highest offer on campus stood at Rs 89.25 LPA, an increase of 41% from the previous year. The highest domestic offer on campus also increased by 23% to Rs 40.5 LPA. The average CTC for the top 50 offers stood at Rs 30.04 LPA and at Rs 28.47 LPA for the top 100 which affirms the faith that recruiters have in IIM Indore. The median salary for the graduating batch rose significantly to Rs 19.4 LPA.”

The most preferred domain this year was Finance, Consulting and Sales and Marketing. This year 26 percent graduating batch opted for this domain. Under the Finance domain, top recruiter are Aditya Birla Capital, Axis Bank, Barclays, Bank of America Continuum, Credit Suisse, CRISIL, Deutsche Bank, DHFL Pramerica, Edelweiss, Fidelity Investments, Goldman Sachs, HDFC, HSBC, ICICI, India Ratings, IndusInd Bank, Indus Valley Partners, JPMorgan Chase & Co, Kotak Mahindra, Philips, Royal Bank of Scotland, State Street Corporation, Syngenta and Yes Bank.

Consulting domain was opted by 27 percent of the batch. The recruiters included Avalon Consulting, Bain Capability Centre, Boston Consulting Group, Cognizant Business Consulting, Deloitte USI, Ernst & Young, Everest Group, i3 Consulting, Government of Andhra Pradesh, Infosys Management Consulting, IQVIA, PwC India, PwC US Management Consulting, SKP Consulting, Synergy Consulting, Theocentric Consulting, UnitedHealth Group and Vector Consulting.

For Sales and Marketing domain, around 22 percent of the batch opted for this domain. The top recruiter included Aditya Birla, Fashion Retail Limited, Asian Paints, Britannia, Cipla, Crompton Greaves, Dabur, Dalmia Bharat Group, Dolcera, Eli Lilly, GroupM, GSK Pharma, Hindustan Unilever, ITC, Jubilant Foodworks, Kent RO Systems, L’Oreal, Maruti Suzuki, Panasonic, Piramal Group, PUMA, Radio Mirchi, Raymond, Royal Enfield, Shemaroo Entertainment, Tata International, Tata Power, Tata Steel, UB Group, Unimoni and Whirlpool.

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