IIM Indore IPM placement 2023, Check Out Highest Salary and Top Companies
In 2023, IPM Indore recorded an unprecedented average placement package exceeding ₹30 lakh for its batch, as in IIM Indore IPM placement 2023. The highest offered package reached ₹1.14 crore, indicating a remarkable 132.6% increase from the previous year.
Shivani 1 Feb, 2024
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IIM Indore IPM placement 2023: IIM Indore is a coveted choice for students aspiring to excel in management studies. In 2023, the institute, also known as IPM Indore, witnessed a remarkable 132.6% increase in the average placement package, reaching new heights with the highest package at ₹1.14 crore.
This achievement underscores the institute's commitment to quality education, training, and the robust network of successful alumni it has cultivated over the years.Note: IPM Indore is an exceptionally competitive program, admitting only 2% of applicants.
IIM Indore IPM placement 2023 Overview
In 2023, IIM Indore's Integrated Program in Management (IPM) witnessed exceptional placements. The average package for IPM students was INR 30.21 LPA, and the highest package reached INR 1.14 crore. Notable recruiters included McKinsey & Company, Boston Consulting Group, Bain & Company, Goldman Sachs, Morgan Stanley, among others.| IIM Indore IPM placements 2023 Highlights | |
| Year | 2023 |
| Program | Integrated Program in Management (IPM) |
| Institute | Indian Institute of Management (IIM) Indore |
| Average Package | INR 30.21 LPA |
| Highest Package | INR 1.14 crore |
| Top Recruiters | McKinsey & Company, BCG, Bain & Company, Goldman Sachs, Morgan Stanley, etc. |
| Recruiter Engagement | Over 160 recruiters participated |
| Acceptance Rate | 2% |
| Institute Reputation | Renowned for excellent education and training |
| Key Factors for Success | High-quality students, strong alumni network, and growing institute reputation |
The success of IPM Indore placements is attributed to high-quality students, a robust alumni network, and the institute's growing reputation. Over 160 recruiters participated in the placement drive, showcasing the institute's strong industry engagement.
Note: These placements reinforce IIM Indore's standing as one of India's premier management institutes , renowned for its exceptional education and training with a mere 2% acceptance rate.
IPM Indore Placement Statistics (Domain-Based)
Here is the required domain based IPM Indore placement statistics listed below, candidates can check the same over here:| IPM Indore Placement Statistics (Domain-Based) | |
| Domain | Placement % |
| IT/Analytics | 15% |
| Consulting | 25% |
| Finance | 16% |
| General Management, HR & Operations | 21% |
| Sales & Marketing | 23% |
IPM Indore Average & Highest Salary for Domestic Students
Here is the required IPM Indore Average & Highest Salary for Domestic Students listed below, candidates can check the same over here:| Year | Average salary | Highest salary (Domestic) |
| 2023 | Rs.30.21 LPA | Rs. 1.14 Crore |
| 2022 | Rs.25.01 LPA | Rs.49.00 LPA |
| 2021 | Rs.23.60 LPA | Rs.41.50 LPA |
| 2020 | Rs.22.92 LPA | Rs.50 LPA |
| 2019 | Rs.20.79 LPA | Rs.40.50 LPA |
| 2018 | Rs.18.17 LPA | Rs.33.04 LPA |
IPM Indore Placements: Top Companies That Hired
Here are some of the best companies that hired students during the IPM placements at IIM Indore in 2023:| S. no. | Company Name |
| 1. | McKinsey & Company |
| 2. | Boston Consulting Group |
| 3. | Bain & Company |
| 4. | Goldman Sachs |
| 5. | Morgan Stanley |
| 6. | Citigroup |
| 7. | HSBC |
| 8. | Aditya Birla Group |
| 9. | Tata Group |
| 10. | Infosys |
Also Read: How to Prepare for IPMAT 2024 of IIM Indore
Physics Wallah offers several batches to prepare for the IPMAT exam. MasterQuest IPMAT 2024 is designed for students who are appearing in Class 12 or are Class 12 pass outs and are aiming for IPMAT 2024. The batch provides recorded lectures and lecture notes on the Physics Wallah website and app. Enroll now.IIM Indore IPM placements 2023 FAQs
How was the overall placement scenario for IIM Indore IPM in 2023?
The placement scenario was excellent, with high average and maximum package offers.
Can you name a few top recruiters for IPM placements at IIM Indore in 2023?
Top recruiters included McKinsey & Company, Boston Consulting Group, Bain & Company, Goldman Sachs, Morgan Stanley, and others.
What was the average package offered to IPM students during placements in 2023 at IIM Indore?
The average package offered was INR 30.21 LPA.
How selective is the IPM program at IIM Indore based on the acceptance rate?
The program is highly selective, with an acceptance rate of just 2%.
What contributed to the success of IPM placements at IIM Indore in 2023?
The success was attributed to high-quality students, a strong alumni network, and the institute's growing reputation.
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