How are placements at IPM IIM Indore as compared to IITs?

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Namrata Das
Namrata Das Posted On - Jan 23, 2024

IIMs and IITs are completely different brands. While IIMs offer management studies, the forte of IITs is engineering studies. So it is not wise to compare the placements of IIM Indore with those of the IITs.

As per the consolidated report of IIM Indore, here are the 2023 placement stats for its PGP and IPM courses-

  1. The highest package for 2023 was 1.14 CPA, with an increase of 132.6% from the previous placement season.
  2. The average CTC was 30.21 LPA, and the median CTC was 27.2 LPA. The average CTC saw 20.8% increase, and the median CTC saw 12.9% increase.
  3. The average CTC for top 100 placed students was 52.06 LPA, and for top 200 placed students, it was 40.55 LPA. 
  4. The list of prominent recruiters included names like Google, Adani, Accenture, Cipla, EY, IBM, etc. 
  5. Companies from Consulting, Finance, General Management, HR, Operations, IT, Analytics, Sales and Marketing sectors visited the campus for recruitments.

Thus, IIM Indore is a great choice for your management studies. But make sure to choose your career path based on your goals and vision, instead of simply looking at the placement stats of various colleges.

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Shivam Purohit Posted On - Aug 20, 2021
Completed B.Sc. Economics (Honours) in Symbiosis School of Economics, Symbiosis International University, Pune in 2020

If we talk in terms of the placements for the students who pursue and are pursuing IPM at IIM Indore, they are as high as the placements in the IITs. Some of my friends studied at IIM Indore. According to them, here are some things you need to know about.

  • IPM is an Integrated Program in Management and is, therefore, more inclined towards management. 
  • It is not really a good idea to make comparisons between an institute that specializes in management and one whose forte is science.
  • IIM Indore has completed five years of its flagship IPM program.

The most recent placements of IIM Indore IPM program is:

Categories IIM Indore
Placement Percentage 80%
Highest CTC (International) 56.8 LPA
Highest CTC (Domestic) 41.5 LPA
Average CTC 23.6 LPA
Lowest CTC 12.5 LPA
Recruiting Companies IBM, KPMG, Tech Mahindra, Capgemini, etc.

The average salary offered to the students of IIM Indore saw a 3% increase from 2020. The average salary of the students who were in the top 100 was INR 33 LPA. In addition to the recruiters that visit the campus every year, some of the first time recruiters that visited this year were Paytm, Tata AIA, NPCI, Blue Star, etc.

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