IIM Indore is often seen as the frontrunner with its top NIRF ranking and stellar placements, whereas IIM Rohtak is praised for its vibrant campus life and holistic development focus. IIM Ranchi, a newer entrant in the IPM space, boasts a brand-new campus and a growing reputation. Let’s break down the key differences and similarities across these institutes for IPMAT aspirants.
Imagine securing a ₹30 LPA job offer at just 22 years old. For IPMAT 2026 aspirants, the dream of studying at an IIM straight after Class 12 is closer than ever. The Integrated Program in Management (IPM) at IIM Indore, IIM Rohtak, and IIM Ranchi offers a 5-year journey (BBA+MBA) that can catapult you into high-paying careers. But how do these three IPM programs stack up against each other? This comprehensive comparison will delve into placements, ROI, and campus life at Indore, Rohtak, and Ranchi helping you make an informed choice for IPMAT 2026.
One of the biggest factors in choosing an IPM program is placement outcomes. All three IIMs have consistently achieved near 100% placement for their IPM (dual degree) graduates. The table below compares the latest available placement statistics:
IIM (IPM Program) | Average CTC | Highest CTC (LPA) |
---|---|---|
IIM Indore | ₹29.57 LPA | ₹70 LPA |
IIM Rohtak | ₹18.7 LPA | ₹36 LPA |
IIM Ranchi | ₹19.2 LPA | ₹50.3 LPA |
IIM Indore Placements: As the oldest IPM program, IIM Indore leads in placements. The latest final placement saw an average package of around ₹29.57 LPA, with the highest international offer of ₹70 LPA. The median salary hovered in the high-20s, indicating most students landed lucrative jobs. Top consulting, finance, and tech firms recruit aggressively at Indore, and the institute welcomed 80+ new recruiters in one season alone. Indore’s strong placement support and large alumni network translate into outstanding opportunities for IPM grads each year.
IIM Rohtak Placements: IIM Rohtak’s IPM, launched in 2019, has quickly built a solid placement record. The average package is about ₹18–19 LPA, with a highest domestic CTC of ₹36 LPA. Rohtak too maintains 100% placements for its graduates. Over 120 recruiters participated in a recent placement season, including first-time recruiters like GAIL, Kotak Mahindra, Axis Bank, Barclays, etc. While Rohtak’s averages are lower than Indore’s, they are impressive for a newer program – many graduates secure roles in marketing, consulting, and finance with ~₹20 LPA packages.
IIM Ranchi Placements: IIM Ranchi started IPM admissions in 2021, so its first IPM batch will graduate in 2026. However, its MBA placement figures give a clear picture of what IPM students can expect. The average CTC stands around ₹17–19 LPA, and Ranchi has seen offers up to ₹50.3 LPA. In the 2023 placements, the highest domestic salary was about ₹35.5 LPA. Notably, Ranchi’s average jumped ~7% from the previous year, reflecting its rapid growth. With ~80 recruiters and rising industry interest, IIM Ranchi is closing the gap with Rohtak. Students received offers across consulting, BFSI, IT, and e-commerce sectors, and the placement rate is 100% for those seeking jobs.
All three IIMs treat IPM graduates at par with MBA students during final placements – they merge with the MBA cohort in placement processes, competing for the same roles without discrimination. This means an IPM student from Indore, Rohtak, or Ranchi gets access to the same companies and packages as any two-year MBA student would.
Higher education is a big investment, so Return on Investment (ROI) is crucial. Here we compare the total program fees of each IIM IPM with their average placement salaries:
Factor | IIM Indore | IIM Rohtak | IIM Ranchi |
---|---|---|---|
Total Fees (5 Years) | ₹35–40 Lakhs | ₹34–36 Lakhs | ₹33–35 Lakhs |
Highest CTC (LPA) | ₹70 LPA highest, | ₹36 LPA highest, | ₹50.3 LPA highest, |
Avg. CTC (LPA) | ₹29.57 LPA | ~₹18.7 LPA | ~₹17–19 LPA |
Median CTC (LPA) | ~₹27 LPA | ~₹18 LPA | ~₹17 LPA |
Placement Highlights | 80+ new recruiters | 120+ recruiters | fast-growing recruiter base |
Campus Life Edge | Oldest IPM, big alumni network, national fests | Vibrant campus, Delhi-NCR exposure, TEDx & Infusion fest | Brand-new campus, close-knit, eco-friendly design |
Best For | ROI, placements, brand reputation | Holistic growth + lively culture | Growth opportunities, modern infra, smaller cohorts |
Bottom line: All three IIM IPM programs offer high ROI compared to most undergraduate options – thanks to the premium IIM tag and the MBA-level placements. IIM Indore stands out with the highest ROI (nearly 1:1 in cost vs annual salary). Rohtak and Ranchi IPMs also justify their fees with strong average packages. Moreover, there are need-based scholarships and loans available at IIMs, so finances shouldn’t be a deterrent if you’re motivated to join these programs.
IIM Indore offers a vibrant, fully residential campus experience that stretches beyond classroom learning. Students have a plethora of clubs, committees, and events that keep the campus buzzing:
IIM Rohtak, located in Haryana (within NCR proximity), provides a well-rounded student life focused on holistic development. Some highlights of campus life at Rohtak:
IIM Ranchi is the newest of the three, but it’s fast developing a rich campus culture, especially after moving to its brand-new permanent campus in Ranchi, Jharkhand. Here’s what to expect:
In summary, campus life at all three IIMs is enriching and dynamic. Indore offers a well-established culture with a vast alumni base, Rohtak delivers an energetic student life with a close NCR connect, and Ranchi provides a fresh, up-and-coming IIM experience with world-class amenities. No matter which campus you join, you’ll be part of a community that works hard and plays hard, ensuring you graduate as a well-rounded individual.
IIM Indore offers a vibrant, fully residential campus experience that stretches beyond classroom learning. Students have a plethora of clubs, committees, and events that keep the campus buzzing:
IIM Rohtak, located in Haryana (within NCR proximity), provides a well-rounded student life focused on holistic development. Some highlights of campus life at Rohtak:
IIM Ranchi is the newest of the three, but it’s fast developing a rich campus culture, especially after moving to its brand-new permanent campus in Ranchi, Jharkhand. Here’s what to expect:
In summary, campus life at all three IIMs is enriching and dynamic. Indore offers a well-established culture with a vast alumni base, Rohtak delivers an energetic student life with a close NCR connect, and Ranchi provides a fresh, up-and-coming IIM experience with world-class amenities. No matter which campus you join, you’ll be part of a community that works hard and plays hard, ensuring you graduate as a well-rounded individual.
Every student’s priorities are different, so the “best” IIM for IPM depends on what you value most. Here’s how you might decide:
Ultimately, all three IIMs offer fantastic IPM programs. When choosing, consider factors like your IPMAT exam performance (Indore’s exam is tougher, Ranchi accepts Indore’s score, Rohtak has its own test), your comfort with location, campus vibe, and where you see the best personal fit. Talk to current students or attend webinars if possible to get a feel. Remember, whether you graduate from Indore, Rohtak, or Ranchi, you’ll earn the coveted IIM MBA degree at the end of 5 years – and that opens doors nationally and globally.
Tip: Discuss with your family about the financial investment vs. placements (ROI), and campus environment where you’ll thrive. Some students prioritize the older brand (Indore) while others choose a place they feel they’ll be happiest for five years. There is no one-size-fits-all answer – it’s about finding the right balance for you.
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IIM Indore is widely seen as the top choice — it has the oldest IPM program, stronger alumni, and the highest placements (~₹30 LPA avg, ₹1.14 Cr highest). However, IIM Rohtak (~₹19 LPA avg) is quickly gaining ground with a vibrant campus life and NCR advantage, while IIM Ranchi (~₹17–19 LPA avg, ₹67 L highest) is rising fast with its new campus and promising placements. The “best” IIM depends on your priorities: Indore for ROI and brand, Rohtak for culture + Delhi connect, Ranchi for growth + modern infrastructure.
1. Indore: Avg ~₹30.2 LPA; Highest ₹1.14 Cr; 100% placement.
2. Rohtak: Avg ~₹18.7 LPA; Highest ₹36 L; 100% placement.
3. Ranchi: Avg ~₹17.3 LPA; Highest ₹67 L (int’l); 100% placement.
All three IIMs achieve 100% placements and IPM graduates sit at par with MBA students, competing for the same roles across consulting, finance, tech, and FMCG.
1. Indore: ₹35–40L (includes tuition, hostel, mess).
2. Rohtak: ₹34–36L (all-inclusive).
3. Ranchi: ₹33–35L (hostel/mess partially included).
Despite the high fees, ROI is excellent. At Indore, the median salary (~₹27 LPA) is nearly 0.8× of the total fee, meaning many students recover most of their cost in year one. Rohtak and Ranchi typically take ~2 years to recoup, still strong compared to other UG programs.
Exam Route: Indore & Ranchi → IPMAT Indore exam. Rohtak → separate IPMAT Rohtak exam.
Ranking & Brand: Indore (NIRF 8) has the strongest brand; Rohtak (NIRF 12) and Ranchi (NIRF 17) are also prestigious.
Placements vs Culture: Indore → higher ROI & placements. Rohtak → engaging campus life + NCR exposure. Ranchi → modern campus, smaller cohorts, rapid growth.
Personal Fit: Consider location, campus vibe, alumni network, and where you’ll thrive for 5 years.
Backup Strategy: Apply to multiple IPMs — Indore may be toughest to crack, but Rohtak and Ranchi are excellent alternatives.
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