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What is IPM of IIM Indore like and what are the placements available?
IIM Indore IPM is a good course. The curriculum is diversified. Other than the course subjects you can learn programming languages, different foreign languages, performing arts, etc. The course work is rigorous and keeps students on their toes. Students have the freedom to explore different co-curricular and extra-curricular activities. After initial three years of the course, IPM batch is combined with the upcoming PGP branch. All lectures and placements take place collectively.
IIM Indore placements for IPM have been good for the last few years. During the recent placement drive, IPM students received an average CTC of INR 20.79 LPA. The highest CTC (international) offered was INR 82.25 LPA.
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As one of my friends studied at IIM Indore and pursued IPM, I might be able to share some facts about it, which might be useful to you.
- The placements for the first IPM batch were far superior to expectations.
- They were almost as good as the PGPs.
- In fact, the highest package at IIM Indore was offered to a student of IPM.
- Many IPM graduates received top-grade packages.
- These were mostly for finance.
- Given that this was the second IPM batch to be placed, this is a huge accomplishment.
- Once IIM releases the official placement report, the exact placement statistics will be updated.
In contrast to the widely held belief that IPMers do not receive adequate compensation, here is a look at the 2020 IPM placement statistics.
| Categories | IPM at IIM Indore |
| Highest CTC | 24 LPA |
| Average CTC | 16-18 LPA |
| Recruiting Companies | Goldman Sachs, Capgemini, Deloitte, Dell, etc. |
Thus, we can see that IPM is gradually leveling up to the PGP courses. With an average salary package of 17 LPA, it is sure to cross PGPs offered salary in no time.
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