Internships at IIM Indore (IPMAT): Top Recruiters, Average & Highest Stipend, and Why They Matter

At IIM Indore’s IPM (Integrated Program in Management), students engage in two key internships during the five-year journey. The internships at IIM Indore include social and corporate internship programs for students of its 5-year Integrated Program in Management. The social internships at IIM Indore give students a unique perspective of the ground realities and impart decision-making skills. The internships allow candidates to contribute to and gain from multidisciplinary roles in organizations such as NGOs, Incubators, ESG-oriented Firms, and CSR Wings of various companies. 

The internship placements at IIM Indore have witnessed a 9%-12% increase in the stipend year on year showcasing IIM Indore’s exceptional performance. The last recruitment season concluded successfully with 150+ recruiters offering diverse roles in domains,  like Consulting, Finance, General Management, HR & Operations, IT/Analytics, Product Management, and Sales & Marketing.

Let’s learn the key details of IIM Indore’s IPM internships and why they matter.

Internship at IIM Indore: Timeline and Purpose

Lets’ learn about the 2 internships program for IPMAT students at IIM Indore:

1. Social Internship (After Year 2)

When to begin: Immediately following the 2nd year, before entering the 3rd

Duration: 6–8 weeks

What Is the Social Internship?

The social internship is about learning and working in the real world of social impact. You’ll get opportunities to work with diverse organizations like NGOs, CSR (Corporate Social Responsibility), policy think tanks, social startups, and impact investing firms. These internships aim to build your sense of empathy, social responsibility, and grassroots understanding.

• Purpose: To foster social consciousness and build empathy by working with NGOs, CSR wings, policy institutes, social startups, and impact-investing organizations. Job roles typically include research, fieldwork, data analysis, awareness campaigns, and communications-based projects.

• What Do You Work During the Social Internship?

• • Research-based projects
  • Fieldwork and data analysis
  • Awareness campaigns
  • Communications and marketing initiatives

Previous Recruiters and Job Offers:

• In the 2022–23 cycle, 127 offers came for 122 students across 33 respected organizations. About 72% of these roles came from CSR wings and another 22% from impact sectors. Major recruiters include: Bharti Airtel Foundation, L&T CSR, EY Foundation, Tata Trusts, NSRCEL, ONGC, Tech Mahindra, etc.
• Nearly 15% of the students were selected by Social Incubators and Impact Investors in roles involving expanding social causes through incubation and investment in brands like IIMA Ventures (IIM Ahmedabad), Arete Ventures, The/Nudge Institute, Anveshan Centre for Excellence (IIM Indore).
• Around 12% of the batch opted for research roles in esteemed social and policy research enterprises and Think Tanks like the Institute of Chinese Studies, PRS Legislative, Swaniti Initiatives, and the Center for Policy. 
• Over 14% of the students interned at prominent NGOs and NPOs nationwide. Some prominent non-profits are SEWA International, Sustain Plus Energy Foundation, and Vitamin Angels.

What is the Corporate / Business Internship?

When to begin: Between 4th and 5th year (PGP phase).

Duration: 8–10 weeks, aligned with the standard MBA summer internship window. 

• Purpose: The corporate internship aims to immerse you in real-world business and industry environments. It’s designed to build your functional skills and business acumen in areas such as:

• • Consulting
  • Finance
  • Analytics
  • Operations
  • Product Management

Who are the Recruiters?

You will work with companies like BCG, Bain, Deloitte, Amazon, Google, Goldman Sachs, HUL, and Tata Group, who have participated in the earlier placement processes. Roles include strategy consulting, digital transformation, investment banking, equity research, and product/analytics roles. 

Additionally, many internships convert to Pre-Placement Offers (PPOs) in the final year. 

What’s the Process for Internship at IIM Indore IPM Program?

The IIM Indore internships placements process has been properly planned and designed to match students with the right organizations and roles. The process begins in the second term of the 1st year with following steps:

• Pre-Placement Talks: PPTs are organized by the recruiters to share the information about their culture, operations, and the roles they are offering.
• Application: Students can apply to recruiters with their resumes and cover letters.
• Selection Process: Companies shortlist the candidates and conduct PIs, GDs, or other assessments as per their selection criteria.
• Offer Release: Finally selected students receive internship offers from the recruiters which specifies the stipend amount, role, and other pertinent information.

Read More: IIM Indore Placements

How Does the IIM IPM Internships Help You?

Social Internship after Year 2: The social internship grounds you, helping you see beyond the corporate world and understand grassroots India. It’s about exposure, empathy, and learning to contribute to society as an informed and responsible manager.

Corporate/Business Internship Year 4: By the time you join the business internship, you’ll be ready to apply your classroom learning to real industry challenges. This approach nurtures the development of socially conscious and industry-ready managers with managerial capabilities and real-time business know-how paralleling MBA student experiences.

Additional Opportunities

While these two internships are mandated, students often engage in extra internships, live projects, or research assignments during holiday terms or through student-run bodies. The IPM curriculum encourages holistic experiential learning, enabling students to build diverse portfolios before entering the PGP phase. 

Stipends for Internship at IIM Indore IPMAT Program — Key Highlights

The impressive stipends offered by the recruiters are the one of main highlights at IIM Indore IPM internships. Stipends vary based on the industry and role. Let’s look at the stipends and batch details of 2024 and 2025:

Read More: IIM Indore Placements

At a Glance: IIM Indore Internships for IPMAT

Final Takeaways

A well-structured path for internship at IIM Indore IPM includes:

• At the end of Year 2: Students complete a social internship for impact & development exposure.
• At the end of Year 4: Students complete a business internship integrated with MBA-level career preparation.
• Optionally, proactive students can pursue additional internships and live projects during vacations to enhance their profiles.
• These internships complement the rigorous academic curriculum and global exposure. 

Read More: IIM Indore IPMAT Program

FAQs on IIM Indore Internship Programs

Does IIM Indore provide internships?

Yes, IIM Indore provide summer internships that give students first-hand experience and a chance to apply their concepts and what they’ve learnt in real-world situations. The recently announced IIM Indore IPM internships include social internship after 2 years and corporate/business internships after 4 years.

What is the average salary of the IIM Indore intern?

The average stipend or salary for the summer placements in 2024 was 2.74 lakhs, and the highest stipend was about ₹6 lakhs. The average stipend is a key metric reflecting the opportunities available to IIM Indore students.