IIM Indore Placements: Highest salary package increases by 23%

NEW DELHI: Indian Institute of Management – Indore saw an increase of 23 percent in the highest salary package offered in its 2019-20 job placement drive.

The placement was conducted for 578 students from the postgraduate programme and a five-year integrated management programme.

According to the Times of India, the highest package offered at the institute rose to Rs 50.50 lakh per annum as against last year’s 40.50 lakh per annum. The institute also recorded 100 percent placements this year.

The average salary of the participating batch has also jumped up to Rs 22.92 lakh from a median salary of Rs 22 lakh.

Domestic and international

An official statement by the institute highlighted that jobs in consulting, sales and marketing and finance were the most popular roles picked by the participants.

Over 160 recruiters offered domestic jobs and two international offers were also made. Many new recruiters joined the list of recruiters along with renowned ones.

Himanshu Rai, director, IIM-Indore, told TOI: “We are delighted that once again the top companies of the country and MNCs (multinational corporations) have reposed their faith in our students. The hard work put in by our students and the quality business education imparted by the institution is reflected in these placement results.”

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