Indian Institute of Management, Indore2021 Placement Report
Indian Institute of Management, Indore: 2021 Placement Report
IIM Indore (IIM I) 2021 placement report: CTC, recruiters, and sector data from the official release.
Numbers
Editorial review
Indian Institute of Management, Indore's 2021 placement cycle: IIM Indore's 2021 batch of 579 MBA and Dual Degree participants, placed amid the pandemic via virtual drives, recorded an average CTC of Rs 23.6 LPA and a highest international package of Rs 56.8 LPA; Finance led sector share at 24%; median CTC rose +2.7% versus the prior year. The longer reading and numbered takeaways below unpack what that means for sector mix, recruiter depth, and how to read average versus median.
Finance led the domain split at 24%, ahead of Sales & Marketing at 23% and Consulting at 22%, with General Management & Operations at 20% and IT at 11%. Average CTC rose a reported 3% year on year to Rs 23.6 LPA, consistent with the pandemic-affected hiring climate described in the report.
The highest international package (Rs 56.8 LPA) exceeded the highest domestic package (Rs 41.5 LPA) by about 37%, and average CTC for the top 100 offers reached Rs 33 LPA. More than 210 companies participated, including over 40 first-time recruiters, with the institute's largest and most diverse batch across all IIMs placed entirely through virtual placement drives.
McKinsey & Co visited campus after a brief hiatus, joining legacy consulting recruiters Bain Capability Network, Boston Consulting Group, Cognizant, Deloitte, Ernst & Young and PwC India in hiring from the outgoing batch. Legacy finance recruiters Axis Bank, Bank of America, Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, ICICI Bank and JP Morgan Chase & Co all extended offers.
The 579-student figure combines 472 MBA and 107 Dual Degree candidates; this document does not list a separate PGP Mumbai cohort.
Key takeaways
Median CTC rose 2.7%
Median CTC rose from ₹22 LPA in the prior cycle to ₹22.60 LPA this year (+2.7%). That is a modest change for Indian Institute of Management, Indore aspirants reading this report as a signal of typical outcomes, especially for median, which is less skewed by a handful of outlier offers than average or highest CTC.
Average CTC rose 3%
Average CTC rose from ₹22.92 LPA in the prior cycle to ₹23.60 LPA this year (+3%). That is a modest change for Indian Institute of Management, Indore aspirants reading this report as a signal of typical outcomes, especially for median, which is less skewed by a handful of outlier offers than average or highest CTC.
Highest CTC rose 13.6%
Highest CTC rose from ₹50 LPA in the prior cycle to ₹56.80 LPA this year (+13.6%). That is a material move for Indian Institute of Management, Indore aspirants reading this report as a signal of typical outcomes, especially for median, which is less skewed by a handful of outlier offers than average or highest CTC.
Finance led the batch at 24%
Finance accounted for 24% of offers, the largest sector share in this 2021 report. The next sector, Sales and Marketing, sat at 23%, so the gap between first and second is 1 percentage points. If your target function sits outside this lead sector, treat the headline placement rate as a campus-wide figure rather than a guarantee for your preferred cohort.
Top two sectors took 47% of offers
Finance and Sales and Marketing together made up 47% of offers, a concentrated recruiter mix. Consulting was a distant third at 22%. Concentration is not automatically good or bad, but it does mean batch-level averages can mask thinner opportunity in secondary functions.
100% of the eligible batch placed
579 of 579 eligible students accepted offers through the campus process (100%). With essentially full participation in the reported pool, the next question is how those offers were distributed across sectors and pay bands rather than whether a seat converted.
Sector split
Hover a slice to view the percentage / count split
Top recruiters
Frequently asked questions
How did average CTC compare with the median in 2021?
Average CTC was ₹23.60 LPA and median was ₹22.60 LPA. The average sits above the median, so a smaller set of higher offers pulled the mean up relative to a typical package.
How does the highest CTC compare with the average in 2021?
The highest CTC was ₹56.80 LPA, about 2.4x the average of ₹23.60 LPA.
Which program does this 2021 report cover?
This page covers PGP Batch 2019-21 at Indian Institute of Management, Indore.
Where do these placement figures come from?
Every number on this page is transcribed from Indian Institute of Management, Indore's own published materials. Open the source link under the title for the original document.
Notes
Finance led the domain split at 24%, ahead of Sales & Marketing at 23% and Consulting at 22%, with General Management & Operations at 20% and IT at 11%. Average CTC rose a reported 3% year on year to Rs 23.6 LPA, consistent with the pandemic-affected hiring climate described in the report.
The highest international package (Rs 56.8 LPA) exceeded the highest domestic package (Rs 41.5 LPA) by about 37%, and average CTC for the top 100 offers reached Rs 33 LPA. More than 210 companies participated, including over 40 first-time recruiters, with the institute’s largest and most diverse batch across all IIMs placed entirely through virtual placement drives.
McKinsey & Co visited campus after a brief hiatus, joining legacy consulting recruiters Bain Capability Network, Boston Consulting Group, Cognizant, Deloitte, Ernst & Young and PwC India in hiring from the outgoing batch. Legacy finance recruiters Axis Bank, Bank of America, Barclays, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, ICICI Bank and JP Morgan Chase & Co all extended offers.
The 579-student figure combines 472 MBA and 107 Dual Degree candidates; this document does not list a separate PGP Mumbai cohort.