In the recent placements, Indian Institute of Indore has seen an increase of 23% in the highest salary package. A total of 578 students have participated in these placements belonging to the post-graduate program and an integrated 5-year management program.
The highest package has increased to Rs. 50.50 lakh per annum from 40.5 lakh per annum last year. All the students who participated in the placement drive have received job offers by helping IIM achieve 100% placements target.
The average salary also is increased from 22 lakh last year to 22.9 lakh this year.
IIM has said in an official statement that jobs belonging to consulting, sales, finance, and marketing have seen an increase in demand from the students. A total of 160 domestic job offers were made to the students along with two international job offers. Also, this year multiple new recruiters have joined this placement drive.
Himanshu Rai, the Director of IIM Indore has said that the management is happy in seeing companies recruit their students. He also said that the students have worked hard to receive job placements.