IIM Indore EPGP placements 2021: Steep decline in the highest CTC (by 59.05%); stands at 32.76 LPA

COVID-19 crisis has taken the whole world in a disastrous grip for more than one and a half years now. The second wave has already peaked in India and the average package to EPGP (Executive Post Graduate Program in Management) participants at IIM Indore has undergone a pointy decline over the last two years.

In the recently concluded EPGP placement drive, the highest placement package offered to the 2021 batch is INR 32.76 LPA, a sharp decline from INR 80 LPA in the year 2020. Even the median salary of the batch has dropped to INR 20.4 LPA this year contrasted with INR 24.1 LPA last year. The establishment didn't uncover the names of the scouts paying the top proposal for both years.

"EPGP placement scenarios, in contrast to PGP placements, depend upon various parameters of recruiting. A ton relies upon the past experience of the candidate and getting an accurate match from the market. Thus, these variations might be deceiving on some occasions," said Aditya Billore, placement seat, IIM Indore.

IIM Indore EPGP placement highlights

The EPGP class of 2021 has 68 up-and-comers who got offers from organizations across spaces like administration/IT counseling, eateries/hospitality, oil and gas, medical care, production and manufacturing, style/retail, sales, and marketing, among others. The batch of 2020 consisted of around 43 students.

"This year the admissions were a lot higher than last year. Though we do concur that because of the pandemic-related circumstances, a couple of top-paying enlisted partners couldn't lead the placement drive in the traditional model, which hence influenced the general insights. However,  the nature and profile of occupation jobs this year have been vastly improved," mentioned Billore. 

He added, "All the more significantly we saw our understudies getting adequate freedoms to flip to their area or industry of decision." 

• In this year's IIM Indore placement process a lot of companies participated, and the majority were from the pharmaceuticals and healthcare sectors. 
• Some of the selection representatives, as indicated by an assertion shared by IIM Indore, included Accenture, Axis Bank Limited, Bristlecone, Deloitte, EY, Gujarat Gas Limited. The entire list of marquee recruiters additionally included HCL Technologies, i95Dev, IBM, Infosys, IQVIA, Persistent Systems, among others, expressed the institute.

"The EPGP batch of 2021 effectively conquered the remarkable difficulties presented by the COVID-19 pandemic," concluded the organization's chief, Himanshu Rai.

IIM Indore placement highlights 2021 (PGP)

Overall IIM Indore had a fruitful final placement drive for its PGP and IPM batch of students of 2021 accomplishing 100% placements for 579 partaking understudies. 

• The highest homegrown compensation at IIM Indore remained at INR 41.50 LPA, while the most elevated international remuneration package touched a whopping INR 56.80 LPA for the PGP batch
• Also, the average package remained at INR 23.60 LPA, which is a quantum leap of 3% over the earlier year. What's more? The mean of the top 100 offered salary packages remained at INR 33 LPA.
• The placement process at IIM Indore was a huge success and a really interactive session with more than 210 organizations and eminent brands including BCG, McKinsey and Co., JP Morgan, Goldman Sachs, Morgan Stanley, AB InBev, HUL, ITC, Marico, Amazon, Microsoft, Salesforce, General Electric, and Walmart Labs among others marking their presence in the drive.
• There were more than 40 new recruiters at IIM Indore recently concluded placement drive.
• The batch of 2021 was presented with an aggregate of 120 pre-arrangement offers from various top-notch companies. 24% of the offers were from Finance, 23% from Sales and Marketing, 22% in Consulting, 20% in General Management and Operations, and 11% from the IT and Analytics domains.

You may be interested in reading:

• These are the 5 biggest regrets of MBA graduates (we warn you, don't make these mistakes!)
• From a small village of Maharashtra to UK, this farmer’s son and a TISS graduate won Chevening scholarship worth 45 Lakh
• Rapido to hire Data Scientists; grab the whopping offer of 18-60 LPA now!
• Cognizant set to hire 1,00,000 new professionals and 30,000 freshers in 2021
• Use this consulting cover letter to get hired at BCG (with a free sample)