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IIM Indore placements attract highest package of Rs 49 lakh, average salary grows by 6 per cent

IIM Indore placements attract highest package of Rs 49 lakh, average salary grows by 6 per cent
Written by Publishing Team

Indore (Madhya Pradesh): Despite the difficult times, the economy is facing due to Covid-19, Indian Institute of Management Indore IIM Indore has successfully completed final placements for its 572 participating candidates of its two-year flagship Postgraduate Program (PGP) and 5-year Integrated Program in Management (IPM) .

The highest wage offer for a student was Rs 49 lakh while the average salary increased by six percent.

A total of more than 180 recruiters offered prestigious roles for IIM Indore Group for 2022, including over 30 new recruiters, underlining the industry’s confidence in IIM Indore as one of the leading business schools in India. The package averaged Rs 25.01 lakh and saw a 6% increase over the previous year. The top 100 students got packages with an average of Rs 37.95 lakh and for the top 200 students their average compensation was Rs 32.75. The institute’s medium package also increased by 6.6% to a record high of Rs 24.09 lakh.

Professor Himanshu Rai, Director of IIM Indore said, “The conviction and commitment of the institute has helped the institute’s growth over the past years. The exceptional recruitment drive we have witnessed this year is the result of our continuous efforts and hard work.”

In the consulting industry, elite recruitment companies included Accenture Strategy, Acuvon Consulting, Avalon Consulting, Bain & Company, Boston Consulting Group, Deloitte, Everest Group, Eversana, Ernst & Young, Infosys Management Consulting, KPMG, McKinsey & Company, Michael Page and PriceWaterhouseCoopers , Redseer Consulting, Synergy Consulting, Thoucentric Consulting, Vector Consulting, which employed 31% of the batch.

Sales and Marketing has seen a huge number of new and existing companies including but not limited to Aditya Birla Fashion & Retail Limited, Asian Paints, Bajaj Auto, BMW, Cisco, Country Delight, Dabur, Diageo, Grasim Paints, GSK Pharma and Hero MotoCorp , Hexaware, L’Oreal, Marico, More Retail, MX Player, Samsung, Tata Steel, Titan, Whirlpool, Xiaomi.

Recruiters for their coveted financial roles include Avendus Capital, Bank of America, Barclays, Credit Suisse, CRISIL, DE Shaw, Deutsche Bank, Finezza, Goldman Sachs, HDFC Bank, HSBC, ICICI Bank, Indus Valley Partners, Jana Small Finance Bank, JP Morgan Chase & Company, Lincoln International, Marsh, Morgan Stanley, Nomura, Pashupati Capital, Piramal Group, StateStreet, Yes Bank.

Companies offering roles in IT and data analytics include Amazon, American Express, Angel One, Axtria, Capgemini Chrysalis, CarDekho, Cipla, CityMall, Cognizant, EXL, General Electric, Google, Hevo Data, Hindustan Unilever, IBM, IQVIA, Jio Platforms, Joveo, JustDial, MagicBricks, MakeMyTrip, Matrimony, Merilytics, MIQ Digital, NPCI, Optum, Paytm, PharmEasy, PhonePe, Playsimple Games, Shopee, Spinny, Unacademy, Walmart, Wipro, ZebPay.

General Administration, Human Resources and Operations roles have been expanded by reputable companies such as ACT Fibernet, Amway, Axis Bank, Baker Hughes, Biocon, BlackBuck, Capgemini ELITE, Garena, Indus Towers, Jindal Steel Works Limited, Kotak Mahindra Bank, L&T, Mahindra and Max Life Insurance, OfBusiness, OYO, Reliance Industries Limited, Salesforce, Tech Mahindra, Times Internet, Udaan.

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Published on: Sunday, January 09, 2022, 02:17 PM IST

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