IPM Indore Placement 2023: Average Monthly Salary And Companies

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%. 

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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. 

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

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

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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
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

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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. 

Conclusion 

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!