IIM Indore Placement 2016; average salary increases by 10%
The Indian Institute of Management Indore (IIM-I) completed its final placements for the 2016 batch, with 162 recruiters, including 53 first time recruiters, extended offers to 617 participants. The batch included 447 students of PGP Indore, 64 PGP Indore - Mumbai Campus students and 106 students of the first batch of the 5 year Integrated Programme in Management (IPM). Compared to last year, this year the average salary increased by 10%.
The first graduating batch of IPM participants bagged offers from recruiters like Credit Suisse, Deloitte, Nomura, JP Morgan, HDFC, IndusInd Bank, IBM, ICRA Management Consulting, Tata Sky, UAE Exchange among others. With majority of offers being rolled out from Finance domain, the average salary of the batch stood at 11.96 LPA, including International offers such as EA to CFO & MD by a leading international foreign exchange company.
Among the first-time recruiters were Bharti AXA, Credit Suisse, LAVA International, Max Life Insurance, MondelÄz International, Nestle, Tata Sky, Thomson Reuters, UAE Exchange among others.
Finance emerged as the leading sector with around 150 offers from recruiters such as American Express, Axis Bank, Bank of America, Edelweiss, Fidelity Investments, Goldman Sachs, HDFC Bank , IndusInd Bank, Kotak Mahindra Bank, Nomura, SBI Bank and UAE Exchange, including 60+ offers by Credit Suisse, Deutsche Bank, ICICI Bank, JPMorgan, Nomura and RBS put together.
Growth in the offers from Consulting Sector was another trend as The Boston Consulting Group, Deloitte, KPMG and ZS Associates together made more than 45 offers, contributing to an overall 100+ offers in the domain. Other recruiters in the domain included Ernst & Young, PwC, Cognizant Business Consulting, IBM, ICRA Management Consulting, WNS Global Services amongst others.
In the Sales and Marketing domain, a total of around 150 offers were extended to the participants. In FMCG, consumer goods, telecom and media sector around 110 offers from major recruiters such as Akzonobel, Boeghringer Ingelheim, Coffee Day Beverages, General Electric, Godrej & Boyce, GSK Pharma, HCCB, HUL, Idea, ITC, L'Oreal, Marico, Maruti Suzuki, Nestle, PepsiCo, Philips, Pidilite, Tata Sky, Videocon and Vodafone. Aditya Birla Group, Airtel, GE and HUL recruited students for their coveted leadership program.
The technology sector witnessed participation from recruiters like Accenture, Capgemini, Cognizant, Dell, Google, Hexaware, HCL, Infosys, Mindtree, Mphasis and Wipro to name a few. In the e-commerce sector, leading players such as Flipkart, IndiaMART, Nykaa, Paytm and People Group (Shaadi.com) extended multiple roles including Product Management, Category Management, Supply Chain Management, Product Marketing and Program Management. Our participants interested in HR domain received offers from Coffee Day Beverages, IBM, Idea and ICICI Bank. Niche roles like EA to CFO, EA to MD, VP- Strategy, City Head - Operations were also offered by some of the first time recruiters.
Commenting on the placements, Prof. Rishikesha T Krishnan, Director of IIM Indore said “At IIM Indore, our endeavor is to be a contextually-relevant business school with world-class academic standards. We seek to combine both scale and quality. I am delighted to see validation of our approach with more than 600 of our 2-year PGP and 5-year IPM graduates accepted by leading companies across sectors for challenging managerial positions this year.”
Stay tuned to www.bschool.careers360.com for more news and updates
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Questions related to IIM Indore
Hi what is iim indore mba lowest package(2019 or 2020) I have heard package for ipm students are low
THE IPM program is a five year program conducted by IIM Indore. IIM Indore is one of the top B- School and the placement of IIM Indore for the IPM program is I would say above average as the average salary in 2019 was around 15 lakhs. From the past three year it has been seen that the placement package in IPM program is successively increase and might increase in future as well. I guess 15 lakhs package is quite decent at the beginning.
Hope that helps.
How many seats are available for IPM at IIM indore currently?
At present total seats are 150 apart from previous years in which there are 120 seats.In this 150 seats there is separate percentage of reservation categories as per norms of government.You can read here in more detail
Hi Is it possible to job in England with iim indore or Ahmedabad mba degree (not talking about campus placement)
Yes it absolutely possible to get a job abroad after earning an MBA degree from any good college not just from IIMs , because MBA opens a lot of job opportunities. In your case a job in London is also possible provided you equip yourself for that. Understand the job market there, do research on what type of career you need , job position and companies you want to work for and such. Use job searching platforms like Linkedin and keep up a good network with London based employers, contact them, stay connected with the job offer updates of your desired company. Do internships with job offers upon completion in companies based on London. Acquire skills that your desired job demands by doing valid and highly accredited certificate courses from London Universities or any other reputed universities, to improve your chances and make you stand out from other job applicants. I hope , there is no need to explain on improving communication skills. Also more importantly look at the salary growth as a UK salary may seem good when you are in India but will not match with the cost of living there, so choose wisely.
Hope this helps.
Hi I have been shortlisted for for ipm iim indore and they have asked me to send a 3min video answering questions given by them, will there be any further interview or was it a substitute for interview and any Idea when will I able to know that I have been selected for the course
Due to the Covid-19 pandemic, it's quite difficult at this point of time to call students for the personal interview. So IIM Indore for their IPM program has replaced the interview part with this video message in which students are required to send their videos answering the question asked. The selection of students will be done on the basis of this instead of the Personal Interview.
Hope that helps
Actually I upload obc caste certificate in Cat20 Application form. but the caste certificate validity are over ...but after the submit application form now I renew my obc caste certificate . so I want to know that I am eligible for iims reservation or not..
In such type of cases it is advisable that you should contact the CAT authorities via the CAT helpline numbers available on their website and inform them about the whole situation in order to avoid any kind of problem at the time of counselling. They will surely provide you with an optimum solution regarding your concern.
Website link: https://iimcat.ac.in/per/g01/pub/756/ASM/WebPortal/1/index.html?756@@1@@1
Hope that helps.