Over 50 new recruits have partnered with IIM Indore this year (Representational Image)
Despite the challenges posed by the cold job market, the placement season concluded with 594 students being offered jobs by over 150 recruiters.
An Indian Institute of Management (IIM) Indore student has bagged a staggering annual salary package of Rs 1 crore from a leading e-commerce company. This is the highest annual package in the final placement round of this session at IIM-I. A student securing an attractive sales and marketing position is a big milestone for both him and the institute.
“One of our students has got the highest salary package of Rs 1 crore during the last placement period this session,” an official told PTI. This student has been offered a job in the sales and marketing department by a company in the e-commerce industry. This offer is for domestic placement.
The official further revealed that despite the challenges posed by the cold job market, the season concluded successfully as over 150 recruiters recruited 594 students enrolled in the two-year Post Graduate Program (PGP) and five-year Integrated Program in Management (IPM). Gave offers. , The company’s average cost of living (CTC) for the year stood at an impressive 25.68 LPA, while the average CTC stood at 24.50 LPA. Additionally, it was highlighted that the highest compensation offered at the complex reached an unprecedented Rs 1 crore per annum.
Speaking to the news agency, Director Himanshu Rai expressed pride in the achievement, emphasizing the institute’s belief in the importance of integrating education and industry for the welfare of students. He highlighted their continued efforts to bridge this gap, noting that students’ success in pursuing career opportunities amid ongoing economic uncertainties confirms the efficacy of their philosophy. He also mentioned that more than 50 new recruits have partnered with IIM Indore this year.
Of the total proposals, 25% were received from consulting, followed by finance at 19%. Sales and marketing roles constituted 19% of the total offers, while 12% of the batch opted for positions in IT/Analytics. Additionally, 25% of the batch received offers for roles in general management, human resources and operations.
The list of new recruits includes Accenture Operations, Airtel, Bajaj Consumer Care, CAMS, Datalink, ESAF Bank, Godrej & Boyce, Mindsprint, Navi, OLA Electric, Sears, HCLSoftware, HDFC Life, Hero Future Energies, Jio Financial Services, SBI Securities. Are. , Indus Insights, IndusInd Bank, Sutra Management Consulting, ThoughtFocus, Ujjivan Small Finance Bank, Suzlon Group, Unacademy, Zinnov and Zikus.
