Aug, 25, 2021
IIM Indore has managed to successfully conclude the summer placements the year of 2017. This year, more than 150 recruiters showed interest in the placement process and there was a sharp increase of 20% in the average stipend offered to the students.
In the year 2017, IIM Indore has set a new benchmark by conducting the placements program for the largest batch among IIMs. Close To 543 students, out of which 447 were PGP and 96 were IPM, participated in the summer placement program.
Top recruiters like American Express, Ernst & Young, Goldman Sachs, HUL, Aditya Birla Group, JP Morgan Chase, General Electric, ITC, D.E Shaw and many more returned for this year’s placement program. Of the 150 recruiters who took part in the entire process, there were 60 companies like Amazon, P&G, United Breweries that participated in IIM Indore’s placement program for the first time.
Moreover, there was a significant rise in the average stipend offered to the students. During the placement program that ran for over 8 weeks, the highest stipend offered was 3 lakhs. The average stipend offered during the placements program was 1.24 lakhs.
As per the estimates, finance, sales and marketing were the true favorites among the candidates. More than 32% of the participants opted for each of the aforementioned domains. Apart from that, 17% of the students went for consulting, while 10% favored general management roles.
IIM A is has established a stronghold among other Business Schools in the country. This institution is known for its excellent academics and over the past few years it has managed to successfully conduct one placement program after another.
Out of all the roles offered to the candidates, there were many leadership roles as well. Top companies like JSW group, Aditya Birla Group and Reliance Industries offered such roles to General Management students.
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