IPMAT Placement 2024; Average Package, Previous year Placement Trends
Discover the latest IPMAT Placement 2024 trends and strategies and stay ahead with expert insights, tips, and solutions.
Shivani Kumari12 Apr, 2024
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IPMAT Placement 2024: The Integrated Program in Management Aptitude Test (IPMAT) is a challenging entrance exam organized by the Indian Institutes of Management (IIMs) for students who want to study management. This exam is important for those who wish to join the prestigious Integrated Program in Management (IPM) offered by IIM Indore.
Note: The IPM is a five-year course that combines a bachelor's and a master's degree in management.As the IPMAT 2024 exam date draws near, it's important for students to keep themselves informed about the latest details such as exam dates, syllabus, and preparation strategies. The exam evaluates students' abilities in aptitude, logical reasoning, quantitative skills, and verbal proficiency. Therefore, it's crucial for students to have a clear understanding of the exam pattern and syllabus to perform well.
IPMAT Placement 2024 Overview
IIM Indore has achieved 100% placements for its PGP and IPM batches graduating in 2024. According to the latest data, the highest salary package offered to students of both programs reached INR 100 LPA, with an average package of INR 25.68 LPA. A total of 594 students from the 2024 batch were successfully placed through visits from over 150 recruiters.
- Among the prominent recruiters were Accenture Strategy, Boston Consulting Group, Deloitte India, EY, Infosys Consulting, and KPMG.
| IPMAT Placement 2024 Highlights | |||
| Year | Placement Data | Number of Recruiters | Number of Students Placed |
| 2024 | 100% placement rate | Over 150 | 594 |
| Highest PGP/IPM package: INR 100 LPA | |||
| Average PGP/IPM package: INR 25.68 LPA | |||
| Top Recruiters: Accenture Strategy, Boston Consulting Group, Deloitte India, EY, Infosys Consulting, KPMG | |||
| 2023 | 100% placement rate | Over 160 | Not specified |
| Highest PGP/IPM package: INR 114 LPA | |||
| Average PGP/IPM package: INR 30.21 LPA | |||
| Highest PGP HRM package: INR 34.50 LPA | |||
| Average PGP HRM package: INR 22.65 LPA | |||
| Top Recruiters: EY, Deloitte, Capgemini, Infosys, IBM, KPMG | |||
IIM Indore Placement Report 2023: Highlights
The IIM Indore Placement Report for 2023 showcases impressive achievements. Here are the key highlights:- 100% Placement Rate : IIM Indore achieved a 100% placement rate for the year.
- Highest Package : The highest domestic package offered was Rs 1.14 Crore Per Annum, marking a significant increase of 132.6% from the previous year.
- Average Package : The average package rose by 20.8% to Rs 30.21 LPA compared to the previous year.
- Median Package : The median package also increased by 12.9% to Rs 27.20 LPA.
- Recruiters : Over 160 recruiters participated, with 80 new recruiters joining the placement drive.
- Top Sectors : Students were placed in various sectors including consulting firms, consumer goods, healthcare, logistics & manufacturing, among others.
- New Recruiters : Notable new recruiters included Ambit Capital, BlackRock, CITI Bank, Delhivery, and more.
- Top Recruiting Sector : Consulting firms emerged as the top recruiting sector, with top recruiters like BCG, Deloitte India, and Accenture Strategy.
| IIM Indore Placement Report 2023: Highlights | ||
| Particulars | Placement Statistics (2022) | Placement Statistics (2023) |
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IIM Indore Average Package 2024
The average package at IIM Indore for the year 2024 is INR 25.68 LPA, which represents a decrease of approximately 15% compared to the average salary of INR 30.21 LPA in 2023. This decrease in the average package is attributed to the macroeconomic conditions, which have had an impact on the salary figures. Despite this, IIM Indore has achieved 100% placement for its 2022–24 batch, with a total of 594 students receiving job offers, including one student securing a Rs 1 crore package.
The average annual package received by students is 25.68 lakh per annum (LPA), while the median CTC stood at ₹ 24.50 LPA. The highest salary offered during the placements in 2024 was Rs 1 crore per annum.
| IIM Indore Average Package 2024 | |
| Particulars | Placement Statistics (2024) |
| Average | INR 25.68 LPA |
| Median | INR 24.50 LPA |
| Course | Placement Statistics (2023) |
| PGP and IPM | INR 30.21 LPA |
| PGP-HRM | INR 22.65 LPA |
| EPGP | INR 27.80 LPA |
| Course | Average Package (2021) | Average Package (2022) | Average Package (2023) |
| PGP and IPM | INR 23.60 LPA | INR 25.01 LPA | INR 30.21 LPA |
| PGP-HRM | NA | INR 20.30 LPA | INR 22.65 LPA |
| EPGP | INR 19.99 LPA | INR 25.90 LPA | INR 27.80 LPA |
IIM Indore Placements 2024: Top IIMs Comparisons
IIM Indore, one of the top business schools in India, has achieved a 100% placement rate for the batch of 2022–24, with a total of 594 students receiving job offers. The highest package offered was ₹ 1 crore, and the average annual package received by students is 25.68 lakh per annum (LPA), while the median CTC stood at Rs 24.50 lakh per annum. The institute has accreditations from three prestigious international agencies: AMBA, AACSB, and EQUIS, and is ranked 4th among all IIMs in the FT Global 2023 and 6th in the QS World University Rankings.| IIM Indore Placements 2024: Top IIMs Comparisons | ||
| IIM Name | Highest Package (2023) | Average Package (2023) |
| IIM Indore (PGP and IPM) | INR 114 LPA | INR 30.21 LPA |
| IIM Bangalore (PGP+PGPBA) | NA | INR 35.31 LPA |
| IIM Calcutta | INR 1.15 crore per annum | INR 35.07 LPA |
| IIM Lucknow (PGP SM) | INR 66 LPA | INR 30.44 LPA |
IIM Indore Placement 2024: Top Recruiters
The top recruiters at IIM Indore Placement 2024 include Accenture, Bain & Company, BCG, Deloitte, E&Y, GEP, HCL Tech, Infosys, Kearney, KPMG, McKinsey, PwC, Axis Bank, Bank Of America, Barclays, CITI Bank, Credit Suisse, Goldman Sachs, HDFC Bank, ICICI Bank, JSW, Kotak Mahindra Bank, and many other prominent companies.|
IIM Indore Top Recruiters |
||
| Cognizant | Deloitte | Accenture |
| Infosys | Amazon | HCL |
| ICICI Bank | HDFC Bank | TCS |
| Also Read | |
| IPMAT 2024 Exam Date | IPMAT 2024 Syllabus |
| IPMAT 2024 Registration | IPMAT 2024 Rohtak |
| IPMAT 2024 Exam Centres | IPMAT 2024 Mock Tests |
| IPMAT 2024 Admit Card | IPMAT 2024 Results |
IPMAT Placement 2024 FAQs
What is IPMAT Placement 2024?
IPMAT Placement 2024 refers to the placement drive for students graduating from the Integrated Program in Management (IPM) at IIM Indore in 2024.
When does IPMAT Placement 2024 occur?
IPMAT Placement 2024 typically takes place after the successful completion of the IPM program, which spans five years. The exact timing can vary but generally occurs in the latter part of the academic year.
What companies participate in IPMAT Placement 2024?
IPMAT Placement 2024 attracts a diverse range of companies from various sectors, including consulting, finance, technology, and FMCG. Some notable recruiters may include Accenture Strategy, Deloitte India, EY, and Infosys Consulting.
What are the average salary packages offered during IPMAT Placement 2024?
The average salary packages offered during IPMAT Placement 2024 can vary, but typically range between INR 20 to 30 LPA (Indian Rupees 20 to 30 Lakhs Per Annum).
How successful is IPMAT Placement 2024 at IIM Indore?
IPMAT Placement 2024 at IIM Indore is usually highly successful, with a high placement rate and competitive salary packages. In recent years, IIM Indore has recorded 100% placements for its IPM batches, with top companies recruiting from the campus.
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