IIM Indore finished its final placements for the batch of 2013-15 with 508 participants (including Mumbai Campus), the largest batch to graduate out of an IIM. The placement season witnessed participation from 130 companies including 42 first-time recruiters. There were a total of 93 PPOs, a 52 per cent increase compared to last year. The highest domestic package offered was Rs35 lakh per annum while the highest international package was Rs43.6 lakh per annum.
The average compensation of Indore Campus was Rs14.3 lakh per annum while the overall average compensation (including Mumbai Campus) was Rs13.9 lakh per annum, an increase of 14 per cent even with a 7 per cent increase in the total number of participating candidates. The function wise split based on number of offers rolled out this season was finance (26 per cent), sales and marketing (24 per cent), consulting (23 per cent), general management (11 per cent), IT/ITes (9 per cent) and operations & HR (7 per cent).
Consulting continued to gain its stronghold with leading global consulting firms such as Boston Consulting Group, Deloitte, Ernst & Young, KPMG and McKinsey & Co recruiting this year. Cognizant Business Consulting, Infosys Management Consulting, KPMG and TCS Global Consulting rolled out double digit offers across multiple divisions. Deutsche Bank, Goldman Sachs, JP Morgan and Royal Bank of Scotland together rolled out more than 40 offers.
Axis Securities, American Express, Citibank, Edelweiss, Futures First, HDFC, HSBC, ICICI Bank, Il & FS, Standard Chartered and Yes Bank recruited for roles in Credit Risk, Investment Banking, Private Banking, Retail Banking and Wealth Management.