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Can someone give me details about IPM at IIM Indore?
The IPM program first started in IIM Indore. The program is creative and unique and is meant for young students who aspire to be managers and leaders.
- Around one out of 150 students get admission to the IPM program. Course fees for Indian students who want to pursue IPM are INR 4,00,000 per annum and INR 6,00,000 per annum for international students.
- There are no scholarships available for IPM students. But many banks offer education loans at a lower interest rate. IIM extended NBFA (Need-based financial assistance) to IPM students too. So, there is financial assistance available for economically weaker students.
- The minimum required cutoff for the program depends on the category you belong to.
You will find more information on the IPM program on the official website of the institute.
How are the placements for BBA course at NMIMS Navi Mumbai?
NMIMS Navi Mumbai is a well-known institute when it comes to BBA. The institution has a strong reputation for providing quality education and training to its students, which is reflected in the placements it offers. The college has a tie-up with more than 40 top-class companies which ensures 100% placement assurance to the students. The placement cell works continuously to bring in reputed recruiters to the campus for the students.
The placement record of NMIMS Navi Mumbai for BBA students is impressive. In the previous year, all students were successfully placed, and the average annual salary package offered was around 5 lakhs per year, with the highest annual salary package being 6.6 lakhs. These figures show that ample opportunities were provided to students to kickstart their careers.
The roles offered during placements were varied, ranging from Business Development Counsellor, Sales Associate, Relationship Manager, Financial Analyst, Equity Trading, Executive-COG, and Research Associate, among many others. The institute provides diverse options for students to choose from and gives them exposure to different areas of work.
Which university is the best for a BBA, Parul University of Vadodara or Patna College of Patna University?
Patna University provides a BBA Honours program while Parul University extends a simple BBA program for individuals. Parul University is among the top 100 BBA colleges in the country while Patna University can be preferred due to its location and establishment benefits.
The locational constraints can play an important part in the context as Parul University is in Gujarat while Patna University is situated in Bihar. Parul University being a private university is more preferred and trusted across candidates. The other prominent details are as follows:
Admission
- Parul University has a fee structure of INR 1.65 Lakhs for BBA in 5 streams.
- Patna College offers it in INR 60000 with no such specialization.
- Merely low fee is not the primary reason to prefer Patna College as BBA is a professional course demanding full exposure.
Eligibility
- The criterion stands at 10+2 with a minimum score of 40% in 12th standard for Parul University. It also accepts exams like AIMA – UGAT.
- Patna University has an eligibility criterion of 10=2 marks.
Ranking
- Parul University is awarded various recognitions like the best private universities for the BBA program in placements and curriculum.
- It is also approved by AICTE, UGC, NBA, MCI.
- Patna College has no such ranking or accreditations regarding the program offered.
Placements
The prime most important requirement of a program like BBA is its acceptability in the market with respect to placements it offers.
- Parul University holds a high ranking in this domain as it is specialized in placing 15000+ students across 100+ companies.
- The most acceptable streams are marketing and consulting.
- The highest package stands at Rs. 18 lakhs LPA while the average is around Rs. 4 LPA.
- The top recruiters are Jaro Education, Byju’s, Asian Paints, Vodafone, Amazon.
- Patna College is definitely not a great choice as it offers negligible or no placements to its students.
Parul University is the sure-shot choice in terms of the BBA program as it offers an industry-oriented curriculum and also holds a primary emphasis on entrepreneurial initiatives to be taken by students through the career centre of entrepreneurship excellence.
Which will pay me better: CA or IPM IIM Indore?
CA (Chartered Accountancy) and IPM (Integrated Program in Management) are two different career paths with different job prospects and salaries. CA is a professional degree in accounting and finance and is highly respected and has a well-salaried job in the industry.
A fresher Chartered Accountant in India can earn an average salary of around 7-8 lakhs per annum, and higher with more experience and expertise. On the other hand, IPM is a five-year program offered by IIM Indore that combines undergraduate and postgraduate studies in management. Graduates from this program are generally placed in management roles in various industries, with starting salaries averaging around 10-12 lakhs per annum, and increasing with experience.
The final decision of which career path to pursue depends on your interests, skills, and career goals. Both CA and IPM offer excellent job opportunities and potential for growth. So, choose wisely, All the best buddy!
How was your social internship experience at IIM Indore while doing IPM?
Social internships are an important part of the IPM program and must be done during the summer break between the second and third years. The goal of the internship is to give students hands-on experience with real social problems and let them use what they've learned in the classroom to make a good difference in the world.
Students picked up social job positions in places like CSR, NGOs, Social Enterprises, Academic Institutions, and Social Activists. The placement season was spread over a few weeks so that the organizations could give the participants a wide range of functional tasks.
- TISS (Prayas)
- Pradan
- Akshaya Patra
- Tech Mahindra
- CIGS JCB
- Jindal steel
- RTERC IIM Ahmedabad
- Aditya Birla
- Centre For Studies In Equity
Which is better for a BBA, a B.Com, in general, NMIMS Mumbai, or NMIMS Navi Mumbai?
NMIMS Mumbai is a superior BBA/B.Com school than NMIMS Navi Mumbai. It was founded in 1981, long before NMIMS Navi Mumbai, which began in 2017. It has been in education longer and has had more time to build a reputation and establish its curriculum, faculty, and infrastructure.
Second, NMIMS Mumbai has more students and better instructors than Navi Mumbai. The Mumbai campus's more popular BBA and B.Com programs attract more students, and the better faculty ensures quality instruction and guidance.
Thirdly, NMIMS Mumbai is the primary campus while Navi Mumbai is a newer campus operated by NMIMS Mumbai. The Mumbai campus makes key managerial decisions, which will benefit main campus students. Navi Mumbai has less autonomy than the main campus.
Fourth, the Mumbai campus has good placements, and BBA and B.Com students need this to find secure good job opportunities after graduation.
Finally, the Mumbai campus is at Vile Parle, a prime location. This helps students commute and access various resources.
Which one should I choose between Thapar COE and IIM Rohtak IPM?
One of my friends was selected for the 2018–22 batch of Mechanical engineering. However, she was not very inclined towards joining it. Mainly because she was not very passionate about Engineering.
I will suggest you join TIET only if you are an avid fan of Engineering and are considering it seriously as a career option. But I personally feel that IIM is a better option if you aren’t sure about Engineering. The IIM tag offers enough credibility to make it a worthwhile course.
My friend's marks were not very good so she could not understand how she had made it into TIET. This altered her decision to pursue engineering. She further told me that the curriculum and campus life at IIM Rohtak were not as substandard as it is rumored to be. So it’s high time you conduct thorough research because this decision is the turning point of your life.
Is math compulsory for IPM IIM Indore?
No, maths is not a compulsory subject to be a part of the IPM program. You are eligible to apply for the IPM program even if you are from a non-math background.
But the program includes multiple maths and statistics courses in the first 3 years that require a good hold of class 11th and 12th grades’ maths.
In the introductory two terms, Differential and Integral calculus is taught by maths faculty, so it should not be difficult. However, if you are not from a Maths background, then you may have a tough time coping with the multiple subjects. Maths and Statistics courses have a high weightage in the first two years and if not handled well, can pull down your overall grade.
But I know a lot of people from IIM Indore with a non-math background, doing well in academics. If you work hard you can have good academic records too, even if you don’t like Maths.
Can someone crack the IIM Indore IPM exam without having maths in 12th standard?
Yes, it is possible to crack the IPM exam at IIM Indore without maths in 12th grade. A non-math student can apply for IPM at IIM Indore. However, it can be difficult for a student without a Maths background to clear the paper as the question paper is loaded with Higher Maths - Questions from Class 11th and 12th Math section.
Past Year Paper analysis suggests that even the basic maths questions (till class 10th) are of higher difficulty level. So, it won't be easy, but it’s not impossible.
With hard work, proper preparation, and practice you can clear IPM. But the IPM course also has mathematics studies. It includes courses of pure maths, statistics, economics often driven by maths, etc.
IPM from IIM Rohtak can be an alternative to IPM from IIM Indore, as the paper is much easier and the difficulty level of Maths questions is also manageable.
Why does the IPM curriculum (in IIM Indore) have humanities?
IIM Indore's Integrated Programme in Management (IPM) curriculum includes Humanities as an essential discipline. The traditional mindset considers Humanities as an inferior subject, but the truth is that Humanities subjects like Sociology, Political Science, and Psychology are very useful for Managers. Studying Humanities gives a wider perspective of the world. Nearly every subject nowadays has a “behavioral” aspect to it.
For example, Behavioral Economics and Behavioral Finance are emerging fields where the understanding of human behavior and psychology is applied to economics and finance.
Similarly, studying Sociology gives a perspective on how societies form and work, which might be useful in one's career. Political Science is again a very important subject as it helps understand how governments and institutions work.
It is important to understand that whatever you study might not give you immediate monetary benefit, but that doesn't mean it is not going to help in the long run. No doubt that subjects like Statistics are very important, but running and analyzing plain numbers alone isn’t the key, you always need to have a wider perspective.
The inclusion of Humanities in the IPM curriculum is indeed an advantage that IPM has over other such courses at the undergraduate level. It helps students develop a more holistic view of the world, which is essential for future managers. In nearly every subject course of Humanities, the first class is about ‘why’ managers need that particular Humanities subject. Therefore, it is clear that Humanities is an essential discipline that every aspiring manager needs to study.
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