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IPMAT Placements 2023 - Average Package And Companies

Author : Aparna

Updated On : March 3, 2023


Summary: The placement rate for IPM graduates is high, with many students finding positions in various fields. Do you aim to work at top companies like Amazon, EY, Deloitte, Flipkart, Cognizant, ICICI Bank etc., with high CTC? Choose to study at the top IIMs in India! 

Are you looking for a management career in the corporate world? Then, IPMAT is the right choice for you! 

IIM's provides excellent placement opportunities to its students and some of the top recruiters include HSBC, Deloitte, KPMG, Accenture, PwC, J.P. Morgan, Ernst & Young, Citibank, ITC, Infosys and many more. 

Some of the most popular job roles offered to IPMAT graduates are in the fields of Consulting, Finance, General Management, HR, IT, Marketing, etc.

With the right preparation and hard work, you can crack the IPMAT exam and be placed in one of the top companies across the globe.

IPM Indore 2022 Placements

You can develop a global perspective through these undergraduate exchange programs.

They also exposed you to different pedagogies of management education with students and faculty abroad, which is enriching! Through many internships and exchange programs, international students can exchange new ideas. Here's everything you need to know about IPMAT Placements and Jobs 2023 on the Indore campus.

The picture below shows the IIM Indore 2022 placements:

IIM Indore Final Placement 2022

In the final placement for the 2022 report, it was noticed that job roles offered to candidates were distributed across a wide range of sectors.

The major sectors were Banking, Financial Services & Insurance (BFSI), Consulting, Consumer Products & Retail (CPR) and Technology, Media & Telecommunications (TMT).

Followed by Automotives, Chemicals, Energy, Healthcare, Hospitality, Infrastructure, Logistics & Supply Chain, Manufacturing, Mobility, Pharmaceuticals, Steel and Wine & Spirits.

Placement statistics are shown in pictorial representation from official sources as follows. 

Take mock tests to know where you stand with your preparations, and if you wish to join the best IPM Coaching, take the IPMAT Mock Test

Batch Profile

The competition to study at IIMs are high; therefore, be thorough with your IPMAT Preparations and learn more about the Important Topics for the IPMAT Exam to ace your preparations. 

Last year, the average compensation was INR 25.01 lakhs, which increased by 6% from the past year. The median compensation grew by 6.6% to INR 24.09 lakhs. 

The highest package this year was 49 lakhs.

The top 100 students secured an average compensation of INR 37.95 Lakhs. 

Placement Statistics

IPMAT Placements and Jobs Package and fees
Average CTC (Cost to Company) Offered 25.01 LPA
Highest CTC (Cost to Company) International Offered 49 LPA
Highest CTC (Cost to Company) Domestic Offered 40.5 LPA
Median CTC (Cost to Company) Offered 24.09 LPA
Number of Recruiting Companies 200 +

IPMAT mock test

IPMAT Mock test

Domain Statistics

Sales and Marketing 18%
Consulting 31%
Finance 20%
General Management 16%
IT / Analytics 15%

Check: IPMAT Fee structure and scholarships

List of Top Recruiting Companies

The table below shows the list of top recruiting companies that offer IPMAT placements and jobs 2023 after completing the IPM program from IIM Indore:

Avalon Consulting Ernst and Young SKP Consulting
The Boston Consulting Group I3 Consulting Axis Bank
Bain Capability Centre Mckinsey Bank of America
Cognizant Business Consulting PwC India Credit Suisse
Deloitte USI PwC US Management Consulting CRISIL
Deutsche Bank ICICI Bank Nomura
Goldman Sachs Indus Valley Partners Royal Bank of Scotland
Edelweiss JP Morgan Chase Yes Bank
HDFC Bank Kotak Mahindra Bank Airtel
HSBC Bank Max Life Insurance Amazon
American Express

Check: Right time to start preparing for the IPMAT exam

The selection process usually consists of multiple rounds, such as online assessments, group discussions, and personal interviews.

These companies typically offer pre-placement offers to the students who perform well in the selection process.

The students who accept the offers are placed in the respective companies.

Check: IPMAT College Predictor 2023

IPM Rohtak Placements Overview 

IIM Rohtak had a 100% placement record for the 2021-23 batch. More than 120 recruiters visited the college, of which 45 were new companies.

IIM Rohtak witnessed an increase of 16.7% in the annual CTC offer to its students. Here is a pictorial representation of IPM Rohtak Placements

  • Highest CTC: 36 L 
  • Average CTC: 18.73 L
  • Median CTC: 17.5 L
  • YoY Average CTC Increase: 16.7% 

Jobs were offered in Consulting, Finance, General Management, IT, Operations, Sales and Marketing. 

The top recruiters are Accenture, Deloitte, Gartner, Kotak, ICICI, Samsung, Amazon, Infosys etc. 

IPM Ranchi Placements Overview

As per IIM Ranchi 2020-2022 batch placement report, for MBA, 253 students were placed, and the total number of recruiters was 77. 

  • Average CTA: 16.17 LPA
  • Median CTC: 15.50 LPA
  • Average CTC of top 25%: 22.02 LPA
  • Average CTC of top 10%: 25.16 LPA
  • Highest CTC: 32.21 LPA 

The job roles offered were distributed in several domains like IT Analytics, Finance, Sales and Marketing and Strategy and Consulting. 

As per IIM Ranchi 2020-2022 batch placement report, for MBA HR, 72 students were placed, and the total number of recruiters was 21. 

  • Average CTA: 15.63 LPA
  • Median CTC: 15.40 LPA
  • Average CTC of top 25%: 22.17 LPA
  • Average CTC of top 10%: 27.26 LPA
  • Highest CTC: 32.21 LPA 
Domain Highest CTC Average CTC Median CTC Avg CTC of TOP 10% Avg CTC of TOP 25%
IT Analytics 30.79 LPA 15.62 LPA 14.50 LPA 25.70 LPA 21.16 LPA
Finance 25 LPA 15.70 LPA 16 LPA 20.88 LPA 18.81 LPA
Operations 18 LPA 13.40 LPA 13.20 LPA 18 LPA 16.50 LPA
Sales and Marketing 26.12 LPA 16.60 LPA 15.61 LPA 24.42 LPA 21.66 LPA
Strategy and Consulting 32.21 LPA 17.10 LPA 15.50 LPA 26.04 LPA 24.56 LPA

Top recruiters were IBM, Accenture, Capgemini, AICL, Samsung, TATA Steel etc. 

IPM Jammu Placements Overview

IIM Jammu is the fastest-growing IIM with 20+ clubs and communities. 

They offer summer internships in the following domains like the ones listed below: 

  • Strategy and consulting
  • Finance
  • General management
  • HR
  • IT and Analytics
  • Marketing
  • Marketing and Sales
  • Operations

The placement graph over the years is shown in the picture below. 

IPM Bodh Gaya Placements Overview

Placement statistics of IIM Bodh Gaya are as follows: 

  • Number of students eligible for placements: 42
  • Number of opt-outs: 5
  • Average CTC: INR 10,57,142
  • Highest CTC: INR 24,00,000
  • Average CTC of Top 25%: INR 15,50,000
  • Average CTC of Top 50%: INR 13,05,000 
  • Median Salary: INR 9,00,000
  • Y-O-Y Increase in average CTC: 8.9% 

Industry and role-wise break up is as follows: 

  • Financial services: 9
  • FMCG: 1
  • Cement: 3
  • BFSI: 3
  • FinTech: 2
  • Electric Vehicle: 3
  • Welfare: 1
  • Real Estate: 3
  • Others: 10 

Top recruiters are IFB, airtel, KPMG, State Bank of India, Jio, ITC, kotak etc. Similar IPMAT Placements and Jobs 2023 can be expected this year as well. 


IPMAT Placements and Jobs 2023 have become a popular way for companies to recruit top talent from the IIMs.

IPM placements are conducted after completing the first year of the two-year postgraduate programmes.

Companies usually hire students from the entire batch, not just the graduating batch. Increasing your chances of getting placed! 

Frequently Asked Questions

Since a wide range of recruiters from many companies visits IIMs, students are placed in various domains like management, HR, IT and Analytics, Marketing, Sales, Operations, etc. 

Yes, IPM students at IIM Indore can study abroad in their third year of the undergraduate program if they choose to opt for the Student Foreign Exchange program. Therefore, you can study at partner universities for that one term (3 months approx).
Students are placed in Strategy and consulting, Finance, General management, HR, IT and Analytics, Marketing, Marketing and Sales and Operations. 
You can undeniably leave following the initial 3 years of the IPM program, but because it is an integrated 5-year course, you are not supposed to receive any sort of certification or testimonial after the completion of the first 3 years of your study program.
More than 200 recruiters, including top companies like Amazon, KPMG, Airtel, JP Morgan etc., visited the college for the placement drive. 


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