IPM Indore Placements 2024: Annual Monthly Salary And Companies

Overview: The Indian Institute of Management Indore (IPM Indore) has once again set a new benchmark for placements, with the average package for the 2024 batch crossing the ₹25 lakh mark for the first time. This article provides key insights into the placement process, helping you gauge the career prospects and opportunities available through the IPM program.

IIM Indore is a dream for students planning to excel in management studies, and to top their reputation; in 2024, the Indian Institute of Management Indore (IPM Indore) recorded 100% placements for its students, with the highest package being ₹1 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. 

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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 have excelled in 2024: 

High-Quality Education

• Taught by experienced and qualified faculty
• Rigorous curriculum covering business, economics, finance, and marketing

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Strong Alumni Network

• Over 2,000 professionals working globally across industries
• Provide career guidance and support to current students

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Excellent Placements

• Average package in 2024: ₹25.6 lakh
• Highest package in 2023: ₹1 crore
• Strong track record due to:
  • High student quality
  • Supportive alumni network
  • Growing institute reputation

IPM Indore Placements Statistics 2024 (Domain-Based) 

Sales and Marketing	18%
Consulting	29%
Finance	18%
General Management	19%
IT / Analytics	16%

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IPM Indore Placements: Average & Highest Salary for Domestic Students (Year 2019-2024) 

Year	Average salary	Highest salary (Domestic)
2024	Rs. 25.68 LPA	Rs. 1 Crore
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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Sector Wise Breakdown

Departments	Percentage
General Management, HR & Operations	19%
IT / Analytics	16%
Sales & Marketing	18%
Finance	18%
Consulting	29%

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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: 

SL Number	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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Now that we’ve understood why IIM Indore IPM course placements are unbeatable, your hard work will not go in vain. If you are looking for a top-notch management education that will lead to a successful career, then IPM Indore is a great option.

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With its strong alumni network, growing reputation, and excellent placements, IPM Indore is a great choice for any aspiring management student.

Key Takeaways

• The average salary package for IPM Indore graduates is approximately INR 25LPA, reflecting strong demand for graduates from this program.
• IPM Indore consistently achieves nearly 100% placement rates, highlighting the program's effectiveness in preparing students for the job market.
• Renowned companies such as Goldman Sachs, BCG, JP Morgan, etc are among the top recruiters, demonstrating the program's prestige and the calibre of its students.
• Graduates secure roles across various sectors, including Consulting, Finance, Marketing, and IT, showing the versatility of the IPM degree.
• The highest salary package for the most recent batch was INR 1 Cr, indicating the lucrative opportunities available to top performers.
• The program's strong industry connections and partnerships with leading corporations significantly contribute to its successful placements.
• IPM Indore provides extensive career support, including mentorship, internships, and industry exposure, which are critical to student success.
• A strong alumni network supports current students through mentorship, networking opportunities, and placement assistance, enhancing their job prospects.

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