The Indian Institute of Management, Indore (IIMI), has achieved a remarkable feat with a 100% placement rate for its 2022-24 batch, securing job offers for all 594 students who participated in the recruitment drive. Among the highlights of this year’s placements is one student who secured a staggering ₹1 crore package, demonstrating the institute’s commitment to fostering rewarding career opportunities for its students. The placement drive witnessed the active participation of over 150 companies across various sectors.
The average annual package for students stands impressively at ₹25.68 lakh per annum (LPA), with a median CTC of ₹24.50 LPA. This year, IIM Indore forged partnerships with more than 50 new recruiters, expanding its network to include esteemed organizations such as Accenture Operations, Airtel, Bajaj Consumer Care, CAMS, DataLink, ESAF Bank, Godrej & Boyce, HCL Software, and HDFC Life.
Consulting emerged as the dominant sector, constituting 25% of the total offers, with leading recruiters participating actively. The finance sector attracted 19% of the offers, while Sales & Marketing roles accounted for another 19%. Additionally, 12% of the batch secured positions in IT/Analytics, while 25% received offers in General Management, HR & Operations from various reputable companies.
Renowned for its excellence in management education, IIM Indore boasts accreditations from three prestigious international agencies: AMBA, AACSB, and EQUIS. The institute’s stellar performance in rankings, including securing the 4th and 6th positions among all IIMs in the FT Global 2023 and QS World University Rankings respectively, underscores its commitment to providing world-class education.
Professor Himanshu Rai, the director of IIM Indore, expressed pride in the institute’s accomplishments, emphasizing the importance of bridging the gap between academia and industry. He highlighted the students’ resilience in securing fulfilling career opportunities amidst economic uncertainties, attributing their success to the institute’s holistic approach to education and industry integration.
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