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IPMAT Placement 2023 : Highest, Average CTC & Top Companies

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Integrated Programme in Management (IPM) is a five-year integrated programme, in which a student pursuing this programme gets a dual degree in BBA and MBA (UG & PG). In this article we are going to discuss the IPMAT Placement reports which is offered by IIM Indore, Ranchi, Rohtak, Jammu, Bodhgaya and IIFT Kakinada. After the BBA, the IPM batch is merged with the upcoming PGP (MBA) batch.

IPMAT Placement For Top IPM Colleges

The IPMAT placement details, IPM Average salary and IPM highest salary of the IPMAT colleges are given below :

IPM CollegeSIP Avg. StipendIPMAT Average PackageIPMAT Final Package
IIM Indore6 Lakh30.21 LPA1.14 CPA
IIM Rohtak2.50 Lakh18.73 LPA36 LPA
IIM Ranchi3 Lakh17.30 LPA67 LPA
IIM Jammu2 Lakh16.50 LPA64 LPA
IIM Bodhgaya2 Lakh15.68 LPA48 LPA
IIFT Kakinada4.40 Lakh29.10 LPA85.40 LPA

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IIM Indore IPM Placement

IIM Indore accepts the score of IPMAT Indore. The following were the placements of IIM Indore

IIM Indore
IIM Indore IPMAT Placement

Summer Placement

IIM Indore achieved 100% summer placements for its MBA batch of 2022-2024. This IPMAT placement season the campus witnessed strong participation from prestigious recruiters with presence across varied sectors such as BFSI, Conglomerate, Construction & Real Estate, Consulting, Consumer Goods, E-commerce, Healthcare, Logistics & Manufacturing, Technology, Media & Telecommunications, Utilities & Renewables. Get IPMAT Online coaching full access

  • The Highest stipend stood at 6 lakh, an increase in 50% in comparison to last year.
  • The Average stipend rose to 2.74 lakh, an increase in 37% from last year.
  • The Median stipend grew by 35%, increasing it to 2.70 lakh.

Also Read: IPMAT Selection Process

IIM Indore Summer Placement

Final Placement

IIM Indore’s final IPMAT placement of the MBA batch of 2021-23 comprised of 568 students from its two-year Post Graduate Programme and five-year Integrated Programme in Management. Over 160 recruiters participated this season including 80 first time recruiters. Strong participation was exhibited by companies from diverse industries such as BFSI, Conglomerate, Real Estate, Consulting, Consumer Goods, E-commerce, Healthcare, Logistics & Manufacturing, Technology, Media & Telecommunications, Utilities & Renewables.

  • The highest package offered at IIM Indore IPMAT placement stood at 1.14 crores per annum, observing an astounding increase of 132.6% from last year
  • The average package of the batch stood at 30.21 LPA, witnessing a steep increase of 20.8% from the previous year.
  • The median compensation stood at 27.20 LPA, a significant growth of 12.9% as compared to the last year.
IIM Indore IPMAT Final placement

Also Read: IPMAT Fees Structure

IIM Rohtak IPM Placement

IIM Rohtak IPM Placement
IIM Rohtak IPMAT Placement

Summer Placement

IIM Rohtak’s summer placements stood at

  • Highest stipend stood at 2.5 lakh, same as previous year.
  • Average stipend stood at INR 99,100, an astounding increase of 38.88%.

Also Read: IPMAT Syllabus

Final Placement

IIM Rohtak continues to witness 100% placement record comprising of 237 students in the IPMAT placement season. More than 120 recruiters participated out of which 45 were first time recruiters like GAIL, Kotak Mahindra Bank, Axis Bank, Wells Fargo, Barclays and many more.

  • The highest domestic package for IPMAT placement at IIM Rohtak stood at 36 LPA, a 16.7% increase in comparison to previous year.
  • Whereas the average CTC stood at 18.73 LPA.
IIM Rohtak Final Placement

Also Read: IPMAT Eligibility Criteria

IPMAT IIM Ranchi Placement

IIM Ranchi IPM
IIM Ranchi IPMAT Placement

Summer Placement

The batch of 2022-24 witnessed a 15.4% increase in average stipend offered.

  • The highest stipend offered stood at 3 lakh.
  • The average stipend offered stood at 1.15 lakh.
  • The median stipend stood at 1 lakh.
IIM Ranchi Summer Placement

Also Read: IPMAT Cutoff

Final Placement

The MBA batch of 2021-2023 witnessed a 7.2% increase in the IPM placement average CTC offered and a 62.3% increase in number of companies visiting the campus.

  • The highest Domestic and International package stood at 35.5 lakh and 67.0 lakh respectively.
  • The average package rose to 17.3 lakh from 16.17 LPA previous year
  • The Median package increased to 16.5 lakh, a significant increase of 6.45% from previous year.
IIM Ranchi Final Placement

Also Read: IPMAT Exam Pattern

IIM Jammu IPMAT Placement

IIM Jammu IPMAT Placement

Summer Placement

IIM Jammu also witnessed an overwhelming response from the industry for summer interns. The batch of 252 students was placed in 116 companies, recruiters like PepsiCo, ICICI Bank, HDFC Bank, Aditya Birla Capital, Adani Group, Tech Mahindra, PNB Metlife, Tata Elxsi, Zycus, Shoppers Stop, Schneider Electric, Adani Wilmar participated in the process.

  • The Highest stipend offered was 2 lakh per month.
  • The Average stipend offered was 68.2k per month.
  • The Median stipend offered was 68.2k per month.

Also Read: IPMAT Personal Interview

Final Placement

The IIM Jammu IPMAT placement class of 239 students witnessed 246 offers from over 126 companies participating in the campus recruitment process. Prominent industry leaders like Amazon, Microsoft, McKinsey, Cognizant, Deloitte, HDFC Bank, Infosys, ICICI Bank, EY, SBI Capital Markets, KPMG, EXL Service took part in the recruitment process.

  • The Highest CTC stood at 64 Lakh per annum.
  • The Average CTC increased to 16.50 Lakh per annum.
  • The Median CTC stood at 15.25 Lakh per annum.
IIM Jammu IPMAT Placement

Also Read: IPMAT Mock Analysis

IIM Bodhgaya IPM Placement

IIM Bodhgaya
IIM Bodhgaya IPMAT Placement

Summer Placement

The 7th batch of IIM Bodh Gaya’s Summer Internship Program had 210 students.

  • The highest stipend increased to 2 lakh, a 42.85% increase from last year.
  • The average stipend stood at INR 71,745.
IIM Bodhgaya Placement

Also Read: IPMAT Quantitative Aptitude

Final Placement

The institute hosted nearly 70 companies to participate in the final placements process. Companies spread across sectors and industries like BFSI, Consulting, FMCG, IT & Services, IT & Analytics, e-Commerce, and Manufacturing were among the major recruiters.

  • The Highest placement was close to 48 lakh per annum.
  •  The Average placement stood at 15.68 lakh per annum.
  • The Median placement offered was 15.08 lakh per annum.
IIM IPM Placement

Also Read: IPMAT VARC

IIFT Kakinada IPMAT Placement

IIFT Kakinada IPM Placements
IIFT Kakinada IPMAT Placement

Summer Placement

IIFT is among the Top 5% B Schools in the world to be accredited by The Association to Advance Collegiate Schools of Business, also known as AACSB International.

  • The Highest stipend stood at 4.40 lakh.
  • The Average stipend offered to the students was 2.63 lakh.
  • The Median stipend offered to the students was to 2.50 lakh.
IIFT Kakinada IPM Placement

Also Read: IPMAT Logical Reasoning

Final Placement

  • The Highest Domestic and International package stood at 76.5 lakh and 85.4 lakh respectively.
  • The Average placements stood at 29.1 lakh per annum.
  • The Median package offered to the students was 26.5 lakh per annum.
IIFT Kakinada IPMAT Placement

Also Read: JIPMAT Syllabus

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