As I have interacted with the ex-students online, I got to know some facts about IIM Indore. These facts might also be helpful to you as they can provide you with an answer to your question.
As a student of IPM, one would certainly be able to pave the way to a non-disappointing and successful career.
My friend had the opportunity to get selected for the student exchange program in the third year. She shared her amazing experience.
She was sent to the University of Latvia. Studying in Europe gave her the freedom to explore it, make new friends from every corner of the world and most importantly gain knowledge about different economies.
Expenses
The total expenditure amounted to approximately ?4–5 lac for the five months she spent there. However, she was lucky to get an ERASMUS+ grant which covered most of her expenses.
Study
You are free to opt for any course of your choice provided that you complete the minimum credits criteria of IIM Indore. It’s recommended that you go for such a course that satiates your interests and is unavailable in your country. Some of them include International Law and Culture.
Travel
You can travel to most of Europe if you have a Type-D Visa. The climate is extremely cold and you will not be able to adjust initially.
Food
There are no mess facilities, only college canteens. The taste of the food is not up to our taste. But spending much on food is futile. You can spend the maximum on traveling and you won’t regret it.
My friend had a great time as an exchange student at the University of Latvia thanks to its relaxed ambiance.
Being a Science stream student does not make a very bigger difference when it comes to IPMAT by IIM Indore. The exam has Quantitative Aptitude (QA) and Verbal Ability (VA).
The students from Commerce or Humanities background who have Maths and English as their subjects in Standard 12th have actually same chances as a student from Science background.
The Science stream student who is also preparing for other competitive exams such as JEE may have some advantages in the QA section.
Absolutely, it is true. It has been seen that many students who have average academic scores are selected in IIM Indore for the IPM course. Basically, the selection is based on the criteria that include aptitude test score, personal interview, and written ability test for which the scores required are 50 percent, 35 percent, and 15 percent respectively.
The panelists in the interview can ask various questions related to the low academic score but if you can tackle the situation with some of the respectful reasons then there is a high possibility for your selection.
Lastly, we can say that despite your low academic score you can manage to get into IIM Indore for the IPM course by giving your best into the personal interview and written ability test.
Integrated Program in Management (IPM) is a 5-year program offered by IIM Indore after completion of which you will get two degrees; a Bachelor in Arts (Foundations of Management) which will consist of the first three years and an MBA for the last two years.
The course curriculum of the final two years will be exactly the same as that of the MBA students; a total of 6 semesters spread over 2 years. The first three years will have a total of 9 semesters. The various courses offered during the first three years along with the topics are given below.
A brief look at the courses offered at MBA level is also given below.
These are briefs of the courses being offered at the institute. The actual curriculum along with the credit points are given on the institute website.
Some of my friends studying at IIM Indore mentioned that yes, IPM has a foreign student exchange program. The students usually go in their 3rd or 5th year. They get to study one whole trimester (3 months). They will get an opportunity to study in the universities IIM Indore has collaborated with.
Some of the Universities IIM Indore has collaborated with includes the following:
The student exchange program is really important as it will provide both international exposure and perspective. This program gives an enriching academic experience.
You should go for it without a second thought. And, yes it is totally worth spending 5 years there.
The greatest advantage that IPM gives you is that you can join IIM Indore just after completing your 12th examination. Additionally, you will get great job offers from good after completing the IPM course from IIM Indore.
During the placement drive of 2021, the highest package offered was INR 56.8 LPA while the average company CTC stood at INR 23. 6 LPA, and the median CTC was INR 22.6 LPA.
So, if you are getting an opportunity to join the course, go for it.
The basic grades and their equivalent percentages are determined by the Programme Executive Committee. They are more or less the same across programs (PGP, IPM, etc).
The formula for converting CGPA to a percentage:
if you have a GPA of 3.33, it would be equivalent to the percentage of 83.33+{(3.33–3.3)/(3.4–3.3)}*(86.67–83.33).
Minimum percentage required for an open category student is 60%. So considering your profile you have a high chance of getting into IIM Indore for IPM.
But the admission criteria of IPM Indore involves a composite score and a small part of it is 12th marks. The 2 parameters that are considered are
Aptitude Test Score- 65% weightage
Personal Assessment- 36% weightage
Your 12 marks come under the PA or Personal Assessment. But the weighting is very less. Maximum weightage is given to the interview that is conducted after shortlisting.
So you can easily compensate for your low 12th marks with higher marks in Aptitude Test and Personal Interview.
Every coin has two sides. Similarly, every college has its pros and cons. My review of the IPM course will list the pros and cons of IIM Indore and its IPM course. Fortunately, the pros overshadow the cons to a large extent
Pros
In addition, there are humanities, literature, and skill-building courses, along with an option to pursue a foreign language. The IPM also has a group of subjects called ‘bridge courses’. They comprise courses related to information technology, intellectual property rights, or introduction to corporate law.
Cons
Choose wisely after weighing the pros and cons according to your convenience and interests