Indore: The Indian Institute of Management, Indore (IIMI), achieved 100 per cent placement rate in the recruitment drive for 2022-24 batch, with a total of 594 students receiving job offers, including one student securing a ₹ 1 crore package. The drive had over 150 companies participating.
The average annual package received by students is 25.68 lakh per annum (LPA), while the median CTC stands at 24.50 LPA. This year, IIM Indore formed ties with more than 50 new recruiters, such as Accenture Operations, Airtel, Bajaj Consumer Care, CAMS, DataLink, ESAF Bank, Godrej & Boyce, HCL Software, and HDFC Life.
Consulting constituted 25 per cent of the total offers, with participation from leading recruiters. The finance sector received 19 percent of the offers, while Sales & Marketing roles received another 19 percent. Additionally, 12% of the group pursued positions in IT/Analytics, and 25% received offers in General Management, HR, and Operations from various companies.
AMBA, AACSB, and EQUIS are three prestigious international agencies that have granted accreditation to IIM Indore. IIM Indore’s top-quality management education was recognized by being ranked 4th and 6th among all IIMs in the FT Global 2023 and QS World University Rankings.
Professor Himanshu Rai, the director of IIM Indore, said, “We strongly believe that integrating academia and industry is crucial for students’ welfare and have consistently made efforts to bridge the gap. Our students’ ability to secure fulfilling career opportunities, despite ongoing economic uncertainties, underscores the efficacy of our philosophy.”
