It is great that you are thinking of pursuing IPM being in class 11. You have enough time. You can think of starting with Pearson’s IPM entrance guide. Figure out if you can solve the questions or not. If required, join online coaching classes like CareerAnna.
Finally, be consistent in your work and start building your resume right away. Back your hobby with certificates, participate in competitions, and any other significant achievements you may have made along the way. Volunteer at a local NGO since social work is highly appreciated on your CV.
Chartered Accountants and IPM from IIM Indore are not comparable because of their vastly different natures. You are advised to move toward the area of interest over here. IPM aims to develop each student holistically by helping him learn and excel in a variety of areas. Your presentation abilities improve, and your overall development is boosted. It has several different domains as its primary focus.
A CA, on the other hand, is deeply involved in the accounting industry. To be clear, it's a correspondence course. After studying, you take your exams, then write your articles. Your course of action in this will determine only your personality development and presentation skills.
You should choose between these two based on your area of interest.
The choice of questions attempted is critical in IPMAT, and students should aim for an overall attempt of 60-70% with 80% accuracy to secure a good score.
There is no fixed score for admission to IIM Indore through IPMAT, but attempting a good number of questions with high accuracy can help students secure a good score.
Since you’ve not given any context to the question, the answer in any normal circumstance would be yes. Let’s understand why spending more than 5 lacs on an IPM degree is not worth your time and effort.
BMS is a slightly analytical degree that would give you an edge over students pursuing BBA or BCOM. I have seen BMS students acing CAT after basic preparation cause of their good grasp on logical reasoning. It’s a given fact that an average BMS students is more likely to score well in CAT than an average BBA/BCOM student.
Only someone from an IIM can provide you with better insight, and Educate Next's founders are from IIM Rohtak and FMS Delhi. Educate Next is, in my opinion, the best IPM - IIM coaching (Indore and Rohtak). The curriculum is written by the Directors themselves, and they provide full curriculum details to students when they enroll, making it clear how the approach will be. The best Personality Development and Verbal Ability classes in town.
Another critical point is that the batch size is too small, with a maximum of 20 students. This is extremely beneficial. It is also the most affordable in terms of fees for the quality provided. IMS is also good, but they charge nearly triple the price for the same quality.
To get into IIM Indore for the IPM course, one has to clear IPMAT, and assuming you cleared it. If you cleared the IPMAT test and got into IIM Indore, you won’t have any trouble surviving on campus because they filter out and take only the deserving ones, so, don’t feel low, and be confident about your abilities. Although, Maths is important in the IPM curriculum, as it has a wide-ranging correlation to some of the other subjects such as Economics and Statistics, so, you just need to be good in arithmetic and maths which is in the R S Agrawal.
Having known some friends who graduated from IIM Indore, I would literally like to suggest you go for this program even if it sounds intense.
Categories | IPM at IIM Indore |
Course Fee | 26 lakh |
Highest CTC | 25 LPA |
Average CTC | 15-18 LPA |
Recruiting Companies | Wipro, IBM, Cognizant, Infosys, etc. |
Don’t be skeptical once you decide to enter into the programme, you shall love it slowly and gradually. Moreover, the real understanding and value among companies providing jobs will make it clearer as time passes by.
The IPM (Integrated Programme in Management) selection process for IIM Indore includes a new component called the Written Aptitude Test (WAT). This component carries a weightage of 15% in the overall selection process.
The WAT tests candidates' English language skills and their ability to communicate. Language proficiency is vital, but it won't decide WAT's success.
It is important to ensure that whatever is written is grammatically correct as basic grammatical errors can harm the overall score. However, the focus should not be on using difficult or fancy English words. Instead, it is better to express oneself in the simplest way possible.
Candidates should avoid beating around the bush if they run out of ideas as this would result in negative points. It is recommended to pause and relate to the topic as this would help to develop better ideas to support the point of view.
Lastly, it is important to stick to the word limit provided for the WAT. The candidate should ensure that they do not exceed the word limit as this could lead to negative marking.
WAT component of the IPM selection process is designed to evaluate the candidate's ability to communicate effectively and not just their proficiency in the English language. Candidates should focus on expressing themselves in a clear and concise manner, avoiding basic grammatical errors, and sticking to the word limit provided.
IPM program is a really good option for students after school. If you convert it, you should then definitely join IIM Indore. The IPM program's goodness is explained in the following points.
In the last two years of IPM students get the same opportunity as compared to the CAT students.
IPM encompasses a range of subjects spanning the disciplines of Science, Humanities, and Commerce. It's a hand-picked mix of some of the most useful subjects in these disciplines which will ultimately shape you into being a good manager.
The course also includes subjects on physical training and mental agility. It is a well-rounded course with a lot of depth vis-a-vis a routine MBA.
As far as the placements are concerned, many top-notch companies don’t allow IPM students to apply. Most of the IPM students join start-ups.
In the coming years, companies will be more inclusive during placements. This can be validated by comparing the placement of IPM students in successive years.