What is the average package for MBA(HRM)at IIM Indore?

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Admin Posted On - Sep 12, 2023

The PGP-HRM program at IIM Indore is well known for being an inaugural of innovative programs. The duration of the program is 2 years comprising 6 terms.

During the Placement Season 2022-23 of IIM Indore, the fourth batch of PGP HRM at IIM Indore welcomed a large number of recruiters from diverse sectors. In all, 20 recruiters offered roles to the students of IIM Indore’s 2023 Batch of PGPHRM. The total intake this year was 38 students only. Here are some additional placement highlights of this program Students of this program received roles in various domains in HR 

  • BFSI : The main recruiters of this domain were Hero Fincorp, ICICI Bank, and Kotak Mahindra Bank.
  • Consulting : The next top domain was Consulting and companies like Deloitte USI, EXL Service, Capgemini, and Willis Towers Watson recruited students in this domain.
  • Manufacturing: The top recruiters in the Manufacturing domain were Vedanta and Nuvoco Vistas. 
  • Miscellaneous: Other top recruiters included GAIL(PSU), Biocon, Crompton Greaves and Winzo.

The placement statistics of the PGPHRM Batch of 2023 have been tabulated below 

Average CTC

INR 22.65 LPA

Increase in Average CTC

11%

Median Package

INR 22.2 LPA

Median package

INR 34.5 LPA

Average package for the top 25 percentile 

INR 27.53 LPA 

Average package for the top 50 percentile 

INR 25.42 LPA

Hope this helps you!

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Nisha Shah Posted On - May 25, 2022
studied at Indian Institute of Management, Ahmedabad

IIM Indore placements 2022 concluded with an average CTC of INR 20.4 LPA for PGPHRM. Here are the highlights.

Average CTC for top 10 percentile  INR 25.25 LPA
Average CTC for top 25 percentile  INR 23.25 LPA
Highest CTC  INR 30 LPA

GAIL, Crompton Greaves, and Allcargo Logistics were among the notable recruiters for the batch. 

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Epsita Roy Posted On - Feb 19, 2022
PGDM Marketing and Sales Management, Indian Institute of Management Indore

IIM Indore has wrapped up its 2022 placement drive successfully. This year, the average CTC for the PGPHRM batch was 20.4 LPA. It is 12.1% higher than last year’s average CTC. For the top 10 percentile of the batch, the average CTC was 25.25 LPA. While the top 25 percentile of students received an average CTC of 23.25 LPA. 

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Swarup Khanna Posted On - Aug 20, 2021
Studies MBA (HRM) at IIM Indore (2019)

By what is claimed by the placement committee, the average package was witnessed to be 13 LPA or slightly above. The appropriate average salary package students usually secured were about INR 9 LPA to INR 10 LPA.

Here are the details of the 2021 placement report of IIM Indore.

Criteria Statistics and Salary Packages (2019-21)
Total Number of recruiters 210+
Latest recruiters 40+
Highest international Salary Package INR 56.8 LPA
CTC for the Top 100 Students INR 33 LPA
Average Salary Package INR 23.6 LPA
Median Salary Package INR 22.6 LPA
Major Recruiting Sectors Finance and Sales & Marketing
Top Recruiters Amazon, BCG, Cipla, PwC, Deloitte, Optum, BCG, Amazon

If you factor in the batch size (500+), the placements are pretty great at IIM Indore.

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