What was the average package given to the students of first batch of IPM course - IIM Indore?

My friend belonged to the first graduating batch of IPM participants. Currently, he is well placed in a reputed company. Here are a few insights you need to know according to his experience back then.

• Most of his batchmates bagged offers from pioneer recruiters like Credit Suisse, Deloitte, Nomura, JP Morgan, HDFC, IndusInd Bank, IBM, ICRA Management Consulting, Tata Sky, UAE Exchange, etc.
• The batch received good feedback from the recruiters in the first placement season of IPM that was highly encouraging. A leading credit rating agency remarked, “We found the candidates to have a good understanding of concepts and confidence to face the demand of the corporate world.”
• Most of the students were offered a finance role with the average salary package being 11.96 LPA, including International offers such as EA to CFO & MD by a leading international foreign exchange company.

Overall, the placement record for the first batch of IPM was surprisingly great. With an average package of 11 LPA and the highest package of about 30 LPA, IPM of IIM was a huge success.