IIM Indore Placements 2023: Average Package: INR 30.21 LPA & Highest Package: INR 1.14 Cr

Indore, Madhya PradeshAutonomous UniversityEstd 1996
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IIM Indore placements 2023 have now concluded. There was an increase of 132.6% in the IIM Indore Highest package, which amounted to INR 1.14 CPA, and an increase of 20.8% in the IIM Indore average package, which amounted to INR 30.21 LPA.

IIM Indore has concluded its Summer Internship Placements for the passing out batch of 2024. A total of 140 firms and 606 Students participated. There was 50% and 37% Increase in the Highest and Average Stipend which stood at INR 6 Lakhs and INR 2.74 Lakhs respectively. The maximum percentage of students were offered Internships in the Consulting Sectoe (25%).

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Table of Content

  1. IIM Indore Placements 2023 Report
  2. IIM Indore Placements 2023 Domain Wise
  3. IIM Indore Placements 2022 Salary Statistics
  4. IIM Indore Placements 2022 Domain - Wise
  5. IIM Indore Placements 2022 Course - Wise
  6. IIM Indore MBA Placements 2022

6.1 IIM Indore MBA Placements 2022 Batch Profile

6.2 IIM Indore MBA Placements Year - Wise Trends

6.3 IIM Indore MBA Placements 2022 Top Recruiters

  1. IIM Indore Executive MBA Placements 2022

7.1 IIM Indore Executive MBA Placements 2022 Statistics

7.2 IIM Indore Executive MBA Placements Year - Wise Trends

7.3 IIM Indore Executive MBA Placements 2022 Top Recruiters

  1. IIM Indore PGP-HRM Placements 2022

8.1 IIM Indore PGP-HRM Placements 2022 Top Recruiters

  1. IIM Indore Summer Internship Placements 2024

9.1 IIM Indore Summer Internship Placements 2024 Statistics

9.2 IIM Indore Summer Internship Placements 2024 Domain - Wise

  1. IIM Indore Placements 2021 Sector Wise Analysis

10.1 IIM Indore Consulting Sector Placements 2021

10.2 IIM Indore Finance Sector Placements 2021

10.3 IIM Indore Sales & Marketing Placements 2021

10.4 IIM Indore General Management / Ops / HR Sector Placements 2021

10.5 IIM Indore IT / E-Commerce / Analytics Sector Placements 2021

  1. IIM Indore Alumni Network
  2. IIM Indore Placements FAQs

IIM Indore Placements 2023 Report

Particulars Placement Statistics 2023 Placement Statistics 2022
Number of Students 568 572
Number of Recruiters 160 200+
First Time Recruiters 80+ 30
Highest International CTC - INR 70 LPA
Highest Domestic CTC INR 1.14 CPA INR 49 LPA
Top 100 Students CTC - INR 37.95 LPA
Average CTC INR 30.21 LPA INR 25.01 LPA
Median CTC INR 27.2 LPA INR 24.09 LPA
Major Domains Finance and Sales & Marketing Consulting & Finance
Top Recruiters Amazon, BCG, Cipla Accenture Strategy, BMW, Cisco

IIM Indore is regarded as one of the best Management institutes in the country, however, it has always witnessed tough competition from IIM Bangalore and IIM Calcutta. The following table represents the campus-wise comparative analysis between IIM Calcutta, IIM Bangalore, IIM Lucknow, and IIM Nagpur:

Institute No. of Recruiters No. of Offers Highest CTC (Range) Top Recruiter
IIM Calcutta 192 640 INR. 70-100 LPA Gaza Capital , SAIF Partners
IIM Bangalore 137 662 INR. 50-55 LPA EY - Parthenon
IIM Lucknow 150 534 INR 61.59 LPA EY Parthenon, Microsoft
IIM Nagpur 41+ - INR. 31.54 LPA Deloitte, Collegedunia

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IIM Indore Placements 2023 Domain Wise

The following table represents the domain wise placements for the batch 2023 at IIM Indore:

Domains Number of Students Placed
Consulting 29%
Finace 18%
Sales & Marketing 18%
IT, Analytics and Product Management 16%

IIM Indore Placements 2022 Salary Statistics

The following table represents the Salary statistics of batch 2022 at IIM Indore:

Number of Students Average Salary Offered
Top 100 Students INR 37.95 LPA
Top 200 Students INR 32.75 LPA

IIM Indore Placements 2022 Domain - Wise

The following table represents the domain wise placements at IIM Indore:

Domains Percentage of Students Placed
Sales & Marketing 18%
Consulting 31%
Finance 20%
Genman, Ops & Others 16%
IT / Analytics 15%

IIM Indore Placements 2022 Course - Wise

The following infographic represents the course wise placements at IIM Indore:

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IIM Indore MBA Placements 2022

The following table represents the PGP & IPM Placements of batch 2022 at IIM Indore:

Particulars Placement Statistics 2022
Number of Students 572
Number of Recruiters 200+
First Time Recruiters 30
Highest International CTC INR 70 LPA
Highest Domestic CTC INR 49 LPA
Top 100 Students CTC INR 37.95 LPA
Average CTC INR 25.01 LPA
Median CTC INR 24.09 LPA
Major Domains Consulting & Finance
Top Recruiters Accenture Strategy, BMW, Cisco

IIM Indore MBA Placements 2022 Batch Profile

The following Infograph represents the batch profile of 2022 batch of PGP & IPM programme at IIM Indore:

IIM Indore MBA Batch Profile

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IIM Indore MBA Placements Year - Wise Trends

The following table represents the year wise trends at IIM Indore:

Particulars Placement 2022 Placement 2021 Placements 2020
Number of Companies Participated 200+ 210+ 160+
Number of Students Placed 572 579 522
Highest Package INR 49 LPA INR 41.5 LPA INR 50 LPA
Average Package INR 25.01 LPA INR 23.6 LPA INR 22.92 LPA
Median Package INR 24.09 LPA INR 22.6 LPA INR 22 LPA

IIM Indore MBA Placements 2022 Top Recruiters

IIM Indore MBA Top Recruiters

IIM Indore Executive MBA Placements 2022

Batch EPGP 2022
Total Number of Students 57
Students opted out of Placements 4
Number of Roles Offered 57
Highest CTC INR 70 LPA
Average CTC INR 25.9 LPA
Median CTC INR 23.6 LPA
Average CTC of Top 25% Students INR 33.7 LPA
Average CTC of Top 50% Students INR 31.3 LPA
Average CTC of Female Participants INR 27.3 LPA
Top Recruiters Accenture, EY, Fareye

In the executive placement drive of 2022, the highest CTC of INR 70 LPA and the average CTC of INR 25.9 LPA was offered to the students.

A total of 57 students were registered for the placement among which 4 opted out and a total of 57 offers were received.

Recruiters like Accenture, EY, Fareye participated in the placement drive of 2022.

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IIM Indore Executive MBA Placements 2022 Statistics

The following table represents the IIM Indore Executive MBA employment statistics of batch 2022:

Particulars Figures
New Recruiters 34
Increase in Highest CTC 114%
Increase in Average CTC 30%
Increase In Pay Post EPGP 109%
Median Increase in Pay Post EPGP 114%
Percentage of Students Secured Offers during Course Duration 100%

IIM Indore Executive MBA Placements Year - Wise Trends

The following table represents the EPGP year wise placement trends at IIM Indore:

Particulars Placement 2022 Placement 2021 Placements 2020
Number of Companies Participated 100+ 100+ 70+
Number of Students Placed 53 61 37
Highest Package INR 70 LPA INR 32.76 LPA INR 80 LPA
Average Package INR 25.9 LPA INR 19.99 LPA INR 24.10 LPA
Median Package INR 23.6 LPA INR 19.75 LPA INR 18.98 LPA

IIM Indore Executive MBA Placements 2022 Top Recruiters

IIM Indore EMBA Top Recruiters

IIM Indore PGP-HRM Placements 2022

Batch  PGP - HRM 2022
Number of Recruiters 20+
Highest CTC INR 36 LPA
Average CTC INR 20.3 LPA
Median CTC INR 24.09 LPA
Average CTC of Top 25% Students INR 24.4 LPA
Average CTC of Top 50% Students INR 22.6 LPA
Average CTC offered to Male Students INR 19.6 LPA
Average CTC offered to Female Students INR 20.8 LPA

In the PGP - HRM Placements of 2022 at IIM Indore, more than 20 recruiters participated in the. The highest CTC of INR 36 LPA and Average CTC of INR 20.3 LPA was offered to the students.

IIM Indore PGP-HRM Placements 2022 Top Recruiters

IIM Indore PGP-HRM Top Recruiters

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IIM Indore Summer Internship Placements 2024 

Batch 2022 2023 2024
Number of Recruiters Participated 190+ 150+ 140
New Recruiters 70+ 30+ 55+
Highest Stipend INR 3.2 Lakhs INR 4 Lakhs INR 6 Lakhs
Average Stipend INR 1.8 Lakhs INR 2 Lakhs INR 2.74 Lakhs
Median Stipend - INR 2 Lakhs INR 2.7 Lakhs
Average Stipend of Top 100 Students INR 2.95 Lakhs INR 3.1 Lakhs -
Average Stipend of Top 200 Students - INR 2.75 Lakhs -
Top Recruiters Cipla, JSW, Amazon BCG, Deloitte, DE Shaw Adani Group, Amway, Apollo Tyres

In the summer internship placement drive of 2024, more than 140 recruiters participated in the placement drive, among which 55+ were first time recruiters.

The highest stipend of INR 6 Lakhs was offered to the students whereas the average stipend stood at INR 2.74 Lakhs.

Recruiters like BCG, PwC, Amazon, Cipla, JSW, Reliance, VI, Microsoft, Deloitte, DE Shaw made internship offers.

IIM Indore Summer Internship Placements 2024 Statistics

The following table represents the stipend statics of batch 2024 at IIM Indore:

Particulars 2024 2023
Increase in Highest Stipend 50% 25%
Increase in Average Stipend 37% 11%
Increase in Median Stipend 35% 10%
Increase in Top 100 Stipend - 5%
Increase in Top 200 Stipend - 5%

IIM Indore Summer Internship Placements 2024 Domain - Wise

The following table represents the domain wise summer internship offers of batch 2024 at IIM Indore:

Domains 2024 (Percentage of Students Placed) 2023 (Percentage of Students Placed)
Consulting 25% 25%
Finance 16% -
Sales & Marketing 23% -
Automotive  - 7%
Manufacturing  - 7%
FMCG - 15%
E-Commerce - 7%
BFSI - 17%
Healthcare - 4%
IT & Analytics 15% 14%
Others 21% 4%

In the summer internship placements of 2023, the maximum number of students were offered internships in the consulting domain (25%) followed by FMCG domain (15%).

IIM Indore Placements 2021 Sector Wise Analysis

As per the information collected by Collegedunia, the maximum number of students were placed in the Consulting sector followed by finance sector and the highest CTC of INR 45 LPA was offered by Amazon whereas the most number of students were offered the role of Sr. Associate and Sr. BA to 28 students by Cognizant.

Sectors Number of Students Placed Highest CTC Range
Consulting 122 INR 28 - 30 LPA
Finance 84 INR 29 LPA
Sales & Marketing 30 INR 24 - 30 LPA
General Management / Ops/ HR 40 INR 28 - 45 LPA
IT / E-Commerce / Analytics 70 INR 25 - 30 LPA

IIM Indore Consulting Sector Placements 2021

The following table represents the consulting sector placements for the batch 2021 at IIM Indore:

Name of the Company Roles Offered No. of students Placed CTC (LPA)
BCG Sr Associate 4 28-30
Bain Capability Network Associate 6 14
EY Consultant 16 20
McKinsey Jr Analyst, Consultant 5 16-20
Cognizant Sr Associate, Sr BA 28 13-20
Deloitte Consultant 18 21
Everest Group Sr Analyst 6 18
GEP Consulting Consultant 7 20
Infosys Management Consulting Consultant 8 14-15
IQVIA Consultant 3 14-16
Vector Consulting Manager 1 20
Optum Senior Product Analyst 2 18-23
PWC India Consultant, Analyst, Associate 15 12
PWC US Advisory 1 20
MXV Consulting Consultant 2 16

IIM Indore Finance Sector Placements 2021 

The following table represents the finance sector placements for the batch 2021 at IIM Indore:

Name of the Company Roles Offered No. of students Placed CTC (LPA)
Axis Bank MT, Assistant Manager 12 20
Bank Of America Manager - Trade Finance 2 17.5
Barclays Senior Business Analyst 1 14-18
Credit Suisse Market Risk Analyst 5 15-18
CRISIL Consultant 1 13
DE Shaw Analyst 1 29
Deutsche Bank Corporate Banking Analyst, AVP 8 18-20
Fidelity Product Analyst 2 16-18
Goldman Sachs Investment Banking Analyst, Analyst 9 22
HDFC Bank Management Associate 1 15
HSBC Global Operations Graduate 4 18
ICICI Bank Wholesale Banking, Product 10 17.5
IDFC First Bank Sales, Product strategy 7 18
JPMC Investment Banking Analyst (2- PPO) 9 18
Morgan Stanley Investment Banking Analyst 4 24
Nomura Analyst 1 18
SBI General Insurance Management Trainee 3 15
State Street Asst Manager 4 18

IIM Indore Sales & Marketing Placements 2021 

The following table represents the sales & marketing sector placements for the batch 2021 at IIM Indore:

Company Role No of students CTC (LPA)
Asian Paints Management Trainee 3 22
Bajaj Auto Management Trainee 2 22
Cummins Process Planning Manager 2 16-18
Diageo Management Trainee 3 15-20
GSK Management Trainee 3 17-20
Henkel Distribution 2 13.5
HUL Sales and Marketing 3 24-30
Hindware Sales and Marketing 0 12
ITC Sales and Marketing 2-3 28
Loreal Associate 1 22
Marico Management Trainee 2 23-24
MORE Retail Management Trainee 2 16
Piramal Management Trainee 3 22
Xiaomi Management Trainee 1 14-16

IIM Indore General Management / Ops / HR Sector Placements 2021

The following table represents the General Management / Ops / HR sector placements of batch 2021 at IIM Indore:

Company Role No of students CTC (LPA)
ACT Fibernet Management Trainee 2-3 20
BlackBuck Program Manager 1 24
Amazon Product Manager, Consultant 13 28-45
Cipla brand manager 5 18
Cummins Process Planning Manager 2 16-20
JSW Senior Sale manager 1 18
Jubilant foodworks Management Trainee 2 16
L&T Strategy, Planning, Analyst 6 13
Tata Steel MT, Sales, Operations 8 15.5

IIM Indore IT / E-Commerce / Analytics Sector Placements 2021

The following table represents the IT / E-Commerce / Analytics sector placements for the batch 2021 at IIM Indore:

Name of the Company Roles Offered No of students Placed CTC (LPA)
Microsoft Product Manager 3 25-30
American Express Risk Analyst, MT 16 23-28
GE DTLP 1 20
Genpact Asst. Manager 7 12
MuSigma Trainee Apprentice Leader 1 8-11
Fractal Analytics Consultant 3 21
TCS Consultant, Business Analyst 12 12
Wipro Consultant, Pre Sales 16 15
Mahindra Comviva Product Manager 1 21
Policy Bazaar Management Trainee 1 18
Yes Bank Program Manager 5 18.5-22
Tech Mahindra GLC 3-4 17-20

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IIM Indore Alumni Network

Name of the Company Number of Alumni
Amazon 264
Deloitte 236
IIM Indore 235
Accenture 212
ICICI Bank 211
TCS 176
Cognizant 171
EY 168
American Express 156
Goggle  113
HDFC Bank 97
PwC 91
Capgemini 90
Flipkart 77
IRIS - IIM Indore Annual Fest 69

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IIM Indore Placements FAQs

Ques. What was the salary offered in the placement drive of 2022 at IIM Indore?

Ans. In the placement drive of 2022 at IIM Indore, the highest CTC stood at INR 70 LPA and the average CTC stood at INR 25.01 LPA.

Ques. How many recruiters participated in the placement drive of 2022 at IIM Indore?

Ans. In the placement drive of 2022 at IIM Indore, over 200 recruiters participated in the placement drive among which 30 were new recruiters.

Ques. In which domain does the maximum number of students were placed in the placement drive of 2022 at IIM Indore?

Ans. In the placement drive of 2022 at IIM Indore, the maximum number of students were placed in the Consulting & Finance domain.

Ques. What was the salary offered to the Executive MBA batch of 2022 at IIM Indore?

Ans. In the placement drive of 2022 at IIM Indore, the Executive MBA batch of 2022 was offered the highest CTC of INR 70 LPA whereas the average CTC stood at INR 25.9 LPA.

Ques. At IIM Indore, what was the salary offered to the PGP-HRM class of 2022?

Ans. At IIM Indore's placement drive of 2022, the PGP-HRM batch of 2022 received an average CTC of INR 20.3 LPA and highest salary of INR 36 LPA.

Ques. Which are the top recruiting companies at IIM Indore?

Ans. Some of the top recruiting companies at IIM Indore were Accenture, Amway, KPMG, Google, Microsoft, ABInev and many others.

Ques. What was the stipend offered in the summer internship placements for the batch 2023 at IIM Indore?

Ans. In the Summer Internship Placement drive of 2023 at IIM Indore, the highest stipend of INR 4 Lakhs and average stipend of INR 2 Lakhs was offered to the students.

Ques. How many recruiters made Internship offers in the Summer Internship Placements of batch 2023 at IIM Indore?

Ans. In the Summer Internship Placements of 2023 at IIM Indore, more than 150 recruiters participated among which 30 were first time recruiters.

Ques. In which domain does the maximum number of students were offered internships at IIM Indore?

Ans. In the summer internship placements of 2022 at IIM Indore, the maximum number of internships were offered in the consulting domain (22%) followed by BFSI domain (18%).

Ques. How did the average stipend of IIM Indore summer placements change over time?

Ans. The average stipend during summer placements in 2021-23 rose by 11% to INR 4 lakh per month.

IIM Indore Highest and Average Package

Highest PackageAverage Package
1.14 Cr
30.21 L
022.8 Lakhs45.6 Lakhs68.4 Lakhs91.2 Lakhs1.1 Crore

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Life at IIM-I

9.4Helpful
Summer internships take place in the month of September of your first year. Final placements are done in the duration of the 5th term of your course. The average package for the 2021-23 batch was 30l.p.a with some of the dream companies coming to recruit for good roles.
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Shreya Gupta PGPM, (Student)Reviewed on May 26, 2023
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MBA Journey

7.8Helpful
Placements are good on the campus. Many good companies come to the campus for recruitment. The SIP process usually starts after term 1. Resumes are selected on the basis of academic excellence, and your achievements.
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Vinaayak Solanki IPM, (Student)Reviewed on Feb 9, 2023
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MBA Life

7.9Helpful
The placement process starts at the end of the first term itself. There are multiple companies that come to recruit people. They select people based on their resumes and skills. They hire them on the basis of group discussions and interviews.
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Abinash Sahoo PGPM, (Student)Reviewed on Feb 9, 2023
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We have the process of our summer internships, which start after the end of the first year, right in the first term itself. Various companies come on campus and selection is based on resumes and various tests and skills.
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Vidhi Agarwal PGPM, (Student)Reviewed on Feb 2, 2023
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Final placement is almost 100 percent where multiple multinational companies come and take the student at a high package. Summer placement is also good but the placement is not 100 percent but close to it.
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Worchan Shinglai PGPM, (Student)Reviewed on Feb 2, 2023
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Generally, placements happen in the 5th term or the beginning of the 6th term with 100% of placements occurring every year. Other than that some students get Pre-Placement Offers from the companies where they do their internships from.
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RITESHWAR SINGH RAWAT PGPM, (Student)Reviewed on Feb 2, 2023
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Planet I

8Helpful
IIM Indore has a strong network of recruiters from various sectors, including consulting, finance, marketing, operations, and technology. The institute consistently reports high placement rates, with a majority of students securing job offers before the end of the program. Students are offered a wide range of job roles, including management consulting, investment banking, marketing, operations, and technology management. The starting salaries offered to students are among the highest in the country, reflecting the high demand for graduates of IIM Indore.
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Mayukh Paul PGPM, (Student)Reviewed on Jan 30, 2023
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The college provides placement to all its students. Students start getting placement opportunities in their last semester. The highest package may range around 23-25Lpa and average around -18-19lpa. Many reputed companies visit the college for finals.
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Student (Anonymous) PGPM, Human Resources (Student)Reviewed on Jan 29, 2023
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The placements offered by the college are excellent. There are two placements, Summer Internship (SIP) and Final Placements (Finals). The companies start coming for SIP at the end of august itself (TERM 1), and the placement week is generally in mid-September. The finals start in mid-November (TERM 5) and the final placement week is usually in mid-December. A lot of companies visit the campus, starting from big names like Tata, Aon Consulting, Jindal Group, Kotak group, etc. The offer: student ratio is generally 1:1, with some students getting multiple offers. Last year, the highest package offered was INR 36,00,000 and the average package offered was INR 22,00,000. The college usually has 100% placements, with very few opting out to pursue the highest studies.
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KAMROOP KUMAR IYER PGPM, Human Resources (Student)Reviewed on Jan 29, 2023
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During the 14th semester of IPM/5th semester of PGP. More than 150 companies. All students get placed. Mostly all domain companies come. Plan to do the job. Rarely do students pursue startups after the course. There is an option to leave after your Bachelor's and take a sabbatical for one year before mba.
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Dhruvika Gupta IPM, (Student)Reviewed on Jan 29, 2023
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IIM Indore: 25 Answered Questions

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What is the average package for MBA(HRM)at IIM Indore?

Nisha Shahstudied at Indian Institute of Management, Ahmedabad
Average CTC for top 10 percentile  INR 25.25 LPA
Average CTC for top 25 percentile  INR 23.25 LPA
Highest CTC  INR 30 LPA

GAIL, Crompton Greaves, and Allcargo Logistics were among the notable recruiters for the batch. 

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

Shivam PurohitCompleted 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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How good is IIM Indore for finance from a future perspective?

Aritra RoyPGDM Marketing & Strategy, Indian Institute of Management Indore (2019)

IIM Indore is one of the best among new IIMs in the country. This very fact can be evident due to the growth of the institution in very little time. It can’t be compared to IIM- A, B, C but it is far better than many other colleges. 

  • The student crowd of the institute is great.
  • I have a few friends at IIM Indore, and they often talk about how great the visiting faculties are. Some of the permanent faculties are also good.

Here are the recent placement highlights for the institute. 

Average CTC  22.9 LPA 
Highest CTC  50 LPA 
CTC for top 100 students  32.9 LPA 
Major domains  Sales & Marketing and Finance
Top recruiters  FIITJEE, HP, HCL

I have friends from marketing and finance at IIM Indore and they are doing quite well in their respective fields. 

...Read More
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What was the highest package at IIM Indore IPM?

Vishal GonaBBA in Business Analytics, GITAM (Deemed to be University) (2020)

One of my friends studied at IIM Indore. According to him the number of recruiters at IIM Indore tends to be 200 and above. 53% of the batch is recruited by the consulting and finance departments. The average salary for 5 Years IPM batch ranges to be 17.01 LPA.

Categories IIM Indore
Average CTC 20.79 LPA
Highest CTC (International) 89.25 LPA
Highest CTC (Domestic) 40.5 LPA

As per the various domains of recruitment, the students are recruited under the following sectors. 

  • The sales and marketing sector recruits 22% of the students. 
  • The consulting domain recruits 27%.
  • The finance domain recruits 26%. 
  • The domain of general management usually recruits around 15% of the students.
  • The IT & Analytics sector recruit around 10% of the students.
Numerous renowned and reputed companies visit IIM Indore for recruitment. These include The Boston Consulting Group, Cognizant, Deloitte, E&Y, PwC India, Axis Bank, Bank of America, Credit Suisse, Deutsche Bank, and many more.
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What is the average salary package after the completion of IPM from IIM Indore? For IPM graduates, were you satisfied with your packages?

Kingshuk RoyPGPM from IIM Lucknow (2019)

A few of my friends graduated from IIM Indore and according to them, the institute has a good placement record. As per the recent placement highlights, the average CTC offered at the institute is 23 LPA. 

It is also said in the IPM IIMR brochure that there will be a minimum salary of 20 lacs approx. So don't worry. And most students opt for campus placement to know the working of the industry. After that, they start their start-up for growth.

Some of the top recruiting companies from IIM Indore for the IPM course are PwC, Deloitte, Optum, BCG, Amazon, Cipla, MX Player, ACT Fibernet, Paytm, Microsoft participated in the placement drive.

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What is the placement scenario for the IIM Indore IPM students?

Debdeep MajumderSahil BaidStudied at Indian Institute of Management Indore (2020)

Previous batches of IPM at IIM Indore have performed excellently in placements and bore good results. You will be recruited based on your capabilities during the placement season. Being an IPM student, you can sit with PGP students for placements. 

This year’s placements were conducted virtually. The highlights of the placement season of 2021 are:

  • In spite of the hurdles created by Covid 19, 100% placement was achieved.
  • The average salary offered was INR 23.60 LPA.
  • The top 100 students were offered an average salary of INR 33 LPA.
  • The highest domestic salary offered was INR 41.50 LPA.
  • The highest international salary offered was INR 56.80 LPA.
  • 210 recruiters, which included 40 new ones participated in the placement season this year.
  • 69% of the batch was recruited by consulting, finance, sales, and marketing.

This year, the IPM students of IIM Indore have achieved 100% placements.

...Read More
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Is an IIM Indore 5 year program worth it? What salary could one expect? Is it equivalent to doing the IIM MBA after the UG?

Jayant ThakurStudied at the Indian Institute of Management Indore (Graduated in 2016)

It is not equivalent to an IIM MBA because the candidates do not pass the CAT exam. As a result, the industry has not yet accepted the 5-year program.

In the five years that an IPM student spends at the institute, he or she is exposed to a plethora of excellent opportunities. Apart from institutionalized opportunities like social placements (after the third year), foreign exchange (9th term), and summer placements (4th year), there is a lot that happens as a part of the Students Activity Council. There are regular competitions for IPM students that not only award cash prizes but also provide excellent opportunities to interact with new people, make contacts, and learn new things.

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

Sauvik RoyMBA from Indian Institute of Management Rohtak (2019)

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.

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How was summer placement for IIM Indore, first IPM batch?

Tirtha RayStudied at Indian Institute of Management Indore (2019)

As I have interacted with the ex-students online, I got to know some facts about IIM Indore. These facts might also be helpful to you as they can provide you with an answer to your question.

  • The first IPM batch was the 2011 batch which attained 100% placements. 
  • The average ranged around 10 LPA. 
  • Various students were placed by means of PPIs which they won through case study competitions like Nomura Investments. 
  • The hiring status of IPM students ranged from startups to big renowned companies such as Deloitte, ICICI Bank, etc. 

As a student of IPM, one would certainly be able to pave the way to a non-disappointing and successful career.

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What is IPM of IIM Indore like and what are the placements available?

Utsav MishraMBA from Indian Institute of Management Indore (2020)

IIM Indore IPM is a good course. The curriculum is diversified. Other than the course subjects you can learn programming languages, different foreign languages, performing arts, etc. The course work is rigorous and keeps students on their toes. Students have the freedom to explore different co-curricular and extra-curricular activities. After initial three years of the course, IPM batch is combined with the upcoming PGP branch. All lectures and placements take place collectively. 

IIM Indore placements for IPM have been good for the last few years. During the recent placement drive, IPM students received an average CTC of INR 20.79 LPA. The highest CTC (international) offered was INR 82.25 LPA. 

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