IIM Indore Placements 2019: Achieves 100% campus record; highest annual salary package Rs 89.25 lakhs

IIM Indore Campus Placements 2019: IIM-Indore has secured 100 per cent placements for its outgoing batch of 607 students in PGP course. A recruiter offered Rs 89.25 lakh per annum, which is the highest package, an increase of 41 per cent compared to the package offered to a candidate last year. The highest domestic package was Rs 40.5 lakh per annum, this is an upsurge of 23 per cent. 

The average salary for the top 50 offers stood at Rs 30.04 lakh per annum. However, the median salary stood at Rs 19.4 lakh per annum. At least 200 recruiters visited the campus and 57 of them visited for the first time. The students from the 5-Year Integrated Programme in Management were also offered jobs during the placement drive. Finance, Sales & Marketing and Consulting were the most preferred choice of domain among the fresh graduates.

Bank of America Continuum, Deutsche Bank, DHFL Pramerica, Credit Suisse, CRISIL, Aditya Birla Capital, Axis Bank, Barclays, Edelweiss, and Fidelity Investments visited the campus, among others, in the finance domain.  About 26 per cent students were offered jobs in the finance domain. 

 “We are delighted by the faith that the top companies of the country and the MNCs have reposed in our students. In the years to come, we will continue to strengthen our engagement with the industry and ensure that we continue to create socially conscious responsible leaders,”  said Himanshu Rai, Director, IIM Indore in a statement. 

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Consulting firms also took the bulk of the students. Boston Consulting Group (BCG), Cognizant Business Consulting, Avalon Consulting, Bain Capability Centre, Ernst & Young, Deloitte USI, and McKinsey offered the students placements.