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IIM INDORE EPGP PLACEMENT 2018-19: Average Salary Up by 15% at Rs 20.65 LPA

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Final Placement for IIM Indore’s flagship Full-Time One Year MBA / One Year MBA for Executives (Post-Graduate Program in Management – EPGP) 2018-19 batch saw a 15% improvement in average salary at Rs 20.65 lakh per annum (LPA) and a median salary of Rs 21 LPA.

The maximum was pegged at Rs 31.68 LPA and the Minimum at Rs 12.5 LPA. IIM Indore said along with the rise in average salary, a 20% improvement in Median Pay (YOY) was noted. In fact, the median increase in pay post-EPGP for the cohort was a whopping 115% and the average increase at 105%.

Of the 66 member cohort, 14 were on sabbatical / company-sponsored. The 54 participants who opted for campus placements received 51 offers on-campus and 3 roles offered outside campus / opting out of campus placements. Almost 90% of students had secured offers within the course duration.

Placement Highlights

  • Average salary Rs 20.65 (LPA)
  • Median salary  Rs 21 (LPA)
  • 20% improvement in Median Pay (YOY)
  • 15% improvement in Average Pay (YOY)
  • 51 participants received as many offers on campus, 3 offers outside
  • IT still dominates recruiting, but an upsurge in other sectors including Power, Consulting, Construction, FMCG Pharma & BFS
  • Special interest from recruiters to offer roles in upcoming technologies such as Blockchain, Artificial Intelligence, IOT, Industry 4.0 and Data Analytics

The process of placement began on May 2019 after the return of the cohort to the campus from the international immersion at the McCombs School of Business in Austin, Texas.

The placement season 2018-19 saw a rush of recruiters from all walks of the economy. IT still dominates the recruiting space, but there was an upsurge from the other sectors such as Power, Consulting, Construction, FMCG, Pharma & BFSI.

The participants were offered roles in Strategy, Consulting, Product Management, Project Management, Business Advisory, Analytics, Data Architecture, System Information, Business Development, Banking operations, Enterprise Resource Planning and Financial Auditing.

The placement season also saw a special interest from the recruiters to hire candidates for upcoming technologies such as Blockchain, Artificial Intelligence, IOT, Industry 4.0 and Data Analytics. Average salary (Mid 80 percentile offer average) – Past 5 years & current year

Average salary (Mid 80 percentile offer average) – Past 5 years & current year

  • EPGP Class of 2015 Average Salary Rs 17.10 LPA
  • EPGP Class of 2016 Average Salary Rs 17.13 LPA
  • EPGP Class of 2017 Average Salary Rs 19.23 LPA
  • EPGP Class of 2018 Average Salary Rs 20 LPA
  • EPGP Class of 2019 Average Salary Rs 21 LPA

Roles offered

  • Consultant – Strategy • Associate Vice President – Banking
  • Analyst – Strategy • Lead Consultant – Domain Expert
  • Manager – Products (SAP) • Consultant – Domain Expert
  • Business Analyst • Sr. Manager – Business Development
  • Associate Project Manager – Banking • Executive Assistant to CEO
  • Associate Manager – D&A/SI • Specialist
  • Senior Associate • Product Manager

The placement season 2018-19 saw a rush of recruiters from all walks of the economy. IT still dominates the recruiting space, but there was an upsurge from the other sectors such as Power, Consulting, Construction, FMCG, Pharma & BFSI.

Notably, start-ups such as OYO, Elastic Run and Oaknorth Analytical participated in the process.

More than 80 companies communicated their interest and more than 60 ended up floating an opportunity or finally recruiting. The season saw 22 new recruiters.

Broad Hiring Roles Number

Domain Consulting –Manufacturing, Automotive, Life Sciences, Telecom and Insurance recruited the maximum number of 18 candidates followed by

  • Information Technology–Data, Operations, Strategy & System Integration (14)
  • Finance–Credit Analysis, Auditing & Banking operations (9)
  • Core – Product Marketing, Business Development & Strategy (7)
  • Product Management–Automotive (3)

The Recruiters

The recruiters included

  • Accenture Strategy
  • Accenture Technology
  • Accenture Operations
  • Aditya Birla Retail
  • Bio-Urja
  • Bliss Life Science
  • Cummins
  • Cybertech
  • Ernest & Young
  • Exxon Mobil
  • Fractal Analytics
  • Genpact
  • Google
  • Hero Motorcorp
  • Honeywell
  • Hewlett Packard
  • ICICI Securities
  • ITC Infotech
  • JP Morgan Chase
  • Larsen & Toubro
  • Tata Consultancy Services

Class Profile

The 10th EPGP batch comprises 66 professional representing almost all sectors of the Economy including

  • IT
  • Shipping
  • Ports
  • Oil & Gas
  • Automotive
  • Medicine
  • Manufacturing
  • Steel
  • Waste management
  • FMCG
  • Telecom
  • BFSI

They have functional experience in

  • Operations
  • Finance
  • Business development
  • Information technology and consulting
  • Supply chain
  • Project management
  • Product development
  • Quality
  • Risk mitigation
  • Domain-specific consulting

Incoming Domain

  • IT & ITES 33%
  • Energy/Power/Oil & Gas 17%
  • Manufacturing 11%
  • Automobile 9%
  • BFSI 9%
  • Consulting 6%
  • Shipping/Ports 3%
  • Telecom 3%
  • Retail 2%
  • Media 2%
  • Waste Management 2%
  • FMCG 2%
  • Healthcare 1%
  • Aerospace 1%

The cohort has 

  • Average work experience of 8.2 years
  • 54 students were male and 12 female
  • The average age was 30.8 years

In terms of work experience

  • 5 to 8 years 61% 
  • 8 to 12 years  28%
  • 12 plus years  11%

The cohort has a total international experience of 384 months.

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