Indian Institute of Management, Indore2024 Placement Report
Indian Institute of Management, Indore: 2024 Placement Report
IIM Indore (IIM I) 2024 placement report: CTC, recruiters, and sector data from the official release.
Numbers
Editorial review
Indian Institute of Management, Indore's 2024 placement cycle: IIM Indore achieved 100% placement for the MBA batch of 2022-24, its largest outgoing batch in 27 years at 594 students, with an average CTC of Rs 25.68 LPA and a highest package of Rs 1 crore; Consulting led sector share at 25%. The longer reading and numbered takeaways below unpack what that means for sector mix, recruiter depth, and how to read average versus median.
Consulting and General Management/HR/Operations tied for the largest domain share at 25% each, ahead of Finance and Sales & Marketing at 19% each and IT/Analytics at 12%. Average CTC stood at Rs 25.68 LPA and the highest compensation offered on campus reached Rs 1 crore per annum, the report's two headline figures for the season.
Average compensation for the top 100 offers reached Rs 37.33 LPA and Rs 32.91 LPA for the top 200, roughly 45% and 28% above the batch-wide average respectively. More than 150 recruiters extended offers, with over 50 new to campus, including Accenture Operations, Airtel, CAMS, Godrej & Boyce, HCLSoftware, HDFC Life and IndusInd Bank among those named in the report.
Consulting recruiters Accenture Strategy, Accenture Tech Consulting, Boston Consulting Group, Deloitte India, Deloitte USI, EY, KPMG and McKinsey & Company drove the domain's leading share, while finance recruiters included Axis Bank, Bank of America, Barclays, Citi, Deutsche Bank, Goldman Sachs, HDFC Bank, HSBC, ICICI Bank and JPMorgan Chase & Co.
The 594-student figure combines 501 MBA and 93 Dual Degree candidates and is drawn from a consolidated report that also covers a separate 2023-25 summer internship season; only the final placement section for the 2022-24 graduating batch is reflected here.
Key takeaways
Average CTC fell 15%
Average CTC fell from ₹30.21 LPA in the prior cycle to ₹25.68 LPA this year (−15%). 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.
Highest CTC fell 12.3%
Highest CTC fell from ₹1.14 Cr PA in the prior cycle to ₹100 LPA this year (−12.3%). 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.
Consulting led the batch at 25%
Consulting accounted for 25% of offers, the largest sector share in this 2024 report. The next sector, General Management, HR and Operations, sat at 25%, so the gap between first and second is 0 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 50% of offers
Consulting and General Management, HR and Operations together made up 50% of offers, a concentrated recruiter mix. Finance was a distant third at 19%. 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
594 of 594 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 does the highest CTC compare with the average in 2024?
The highest CTC was ₹100 LPA, about 3.9x the average of ₹25.68 LPA.
Which program does this 2024 report cover?
This page covers PGP Batch 2022-24 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
Consulting and General Management/HR/Operations tied for the largest domain share at 25% each, ahead of Finance and Sales & Marketing at 19% each and IT/Analytics at 12%. Average CTC stood at Rs 25.68 LPA and the highest compensation offered on campus reached Rs 1 crore per annum, the report’s two headline figures for the season.
Average compensation for the top 100 offers reached Rs 37.33 LPA and Rs 32.91 LPA for the top 200, roughly 45% and 28% above the batch-wide average respectively. More than 150 recruiters extended offers, with over 50 new to campus, including Accenture Operations, Airtel, CAMS, Godrej & Boyce, HCLSoftware, HDFC Life and IndusInd Bank among those named in the report.
Consulting recruiters Accenture Strategy, Accenture Tech Consulting, Boston Consulting Group, Deloitte India, Deloitte USI, EY, KPMG and McKinsey & Company drove the domain’s leading share, while finance recruiters included Axis Bank, Bank of America, Barclays, Citi, Deutsche Bank, Goldman Sachs, HDFC Bank, HSBC, ICICI Bank and JPMorgan Chase & Co.
The 594-student figure combines 501 MBA and 93 Dual Degree candidates and is drawn from a consolidated report that also covers a separate 2023-25 summer internship season; only the final placement section for the 2022-24 graduating batch is reflected here.