Is preferring IPM from IIM Indore over engineering a good decision?

According to one of my friend's personal experiences, you should recognize what you want to do in life further. Whether you want to continue in a technical field or a management field. The next thing is the decent package and the prestigious company, you get your placement.

If Engineering is your choice -

• If you manage to get into IIT Kharagpur or IIT Bombay and spend approximately INR 10 Lakhs for the entire course. 
• Then the salary package you receive is INR 10-11 LPA. 
• So in this case you can clearly demarcate the difference between expenditure and earning. 

If IPM is your choice -

• If we consider that you have taken the IPM course in IIM Indore and spend INR 26 Lakhs till the completion of the course. 
• Then get the placement of around INR 17-18 LPA.

Comparing these we can see that by the time your package reaches INR 12-13 LPA being an engineer from IIT, the salary of the IPM graduate reaches very high. So this is where the difference is being created.

Thus we can say that rather than just focusing on return on investment, look for the average package that will last for your entire life.