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IPM Indore Placement 2023: Average Monthly Salary And Companies

Author : Muskaan Jain

Updated On : August 7, 2023


Summary: The Indian Institute of Management Indore (IPM Indore) has once again set a new benchmark for placements, with the average package for the 2023 batch crossing the ₹30 lakh mark for the first time. The highest package offered was ₹1.14 crore, a whopping 132.6% increase from last year.  

IIM Indore is a dream for students planning to excel in management studies, and to top their reputation; in 2023, the Indian Institute of Management Indore (IPM Indore) recorded a 132.6% increase in the average package offered to its students, with the highest package being ₹1.14 crore. This is a testament to the quality of education and training that IPM Indore provides and the strong alumni network that the institute has built over the years. 

Did You Know? 

IPM Indore is a highly selective program, with an acceptance rate of just 2%. 

How IPM Indore Placements Displayed Outstanding Results? 

Here are some pointers on how IIM Indore IPM placements has excelled in placements in the year 2023: 

  • High-Quality Education 

IPM Indore is one of the top management institutes in India, and its students are taught by a team of experienced and qualified faculty. The institute offers a rigorous curriculum that covers a wide range of subjects, including business, economics, finance, and marketing. 

  • Strong Alumni Network 

IPM Indore has a strong alumni network of over 2,000 professionals working in various industries across the globe. These alumni are always willing to help current students with their career search. 

  • Excellent Placements 

IPM Indore has a history of excellent placements. In 2023, the average package offered to IPM Indore students was ₹30 lakh, and the highest package was ₹1.14 crore. 

The strong performance of IPM Indore placements can be attributed to a number of factors, including the high quality of the students, the strong alumni network, and the growing reputation of the institute. 

Read more IPMAT College Predictor 

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IPM Indore Placement Statistics (Domain-Based) 


Placement %  







General Management, HR & Operations 


Sales & Marketing 


IPM Indore Placements: Average & Highest Salary for Domestic Students (Year 2018-2023) 


Average salary 

Highest salary (Domestic) 


Rs.30.21 LPA 

Rs. 1.14 Crore 


Rs.25.01 LPA 

Rs.49.00 LPA 


Rs.23.60 LPA 

Rs.41.50 LPA 


Rs.22.92 LPA 

Rs.50 LPA 


Rs.20.79 LPA 

Rs.40.50 LPA 


Rs.18.17 LPA 

Rs.33.04 LPA 

Read more Tricks to Attempt Logical Reasoning

IPM Indore Placements: Top Companies That Hired  

Here are some of the top recruiters for IPM Placements IIM Indore in 2023: 

S. no.  

Company Name 


McKinsey & Company 


Boston Consulting Group 


Bain & Company 


Goldman Sachs 


Morgan Stanley 






Aditya Birla Group 


Tata Group 



Read more How to Get Admission to IIM After the 12th?

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IPMAT Mock test

Wish to Get Admission Into IPM Indore? Follow These Simple but Effective Steps. 

Follow these easy but rewarding steps to get admission into IPM Indore.

  • Get good grades in your undergraduate studies. 

  • Take the IPMAT exam and score well. 

  • Prepare for the interview and group discussion. 

  • Network with IPM Indore alumni. 

  • Get involved in extracurricular activities. 


Now that we’ve understood why IIM Indore IPM course placements are unbeatable, your midnight oil will not go futile; If you are looking for a top-notch management education that will lead to a successful career, then IPM Indore is a great option. Crack IPM Indore with the best coaching. With its strong alumni network, growing reputation, and excellent placements, IPM Indore is a great choice for any aspiring management student. All the best! 

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Frequently Asked Questions

What is the average salary offered for IPM graduates in the 2023 placement at IIM Indore?

How does the placement scenario for IPM Indore look in 2023?

Are there any notable companies that have participated in the placement process?

What factors contribute to the high average salary for IPM graduates?

Are there opportunities for international placements for IPM students?

How does the average salary for IPM Indore compare to other IIMs?

What support does the institute provide to students during the placement process?

Are internships a part of the IPM placement process at IIM Indore?


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