Which one should I choose after 12th: IIM Indore IPM or Hansraj College, Delhi University?

IPM is a complex and challenging course. It is an amalgamation of various subjects such as Maths, Economics, Sociology, etc. The workload will be immense. You will have to work hard to keep up with the coursework. But you will learn to look at things from multiple perspectives. 

IPM at IIM Indore also has a good placement record. In the placement drive that was conducted in 2021 virtually due to the Covid-19 pandemic, a placement percentage of 100% has been recorded. The average package offered to the students was INR 23.60 LPA which is higher than the package offered in 2020. In addition to these, the average package offered to the top 100 students was INR 33 LPA. The highest domestic salary offered was INR 41.50 LPA and the international salary was INR 56.80 LPA.

DU offers some leniency. You can miss a couple of classes and will be able to self-study. In the case of Hansraj College, the percentage of placement was 70% in their recent placement drive. The highest package recorded was 20.5 LPA and the average package was INR 5.7 LPA. The top companies were Boston Consulting Group, United Airlines, DE Shaw, etc.

If you want a more relaxed college experience, then go for Hansraj College. Otherwise, IPM will be better.