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Should I join IIM Indore as a fresher?
Speaking of what roles you will be appointed for, the preferences varies from company to company, even though it can be generalized by the sectors.
- For a number of profiles in Sales and Marketing, a prior work experience can be a thorn in the path.
- If we talk about General Management and Consulting, then they will welcome you if you have prior work experience.
- In the Media sector even, there are roles for strategy and/or general management, roles where clients are served, roles in finance, etc. Lacking prior job experience is not necessarily a hindrance in getting employed.
Recruitment depends on their understanding of your capability in the roles they want you to perform. So, an employee with prior work experience would be well suited for sales posts across the country while someone who does not lack prior work experience will be a good fit for roles that involve handling clients; for example, a consulting profile or B2B sales.
What is the scope for further studies after IIM-Indore's IPM?
The IIM-Indore's IPM (Integrated Program in Management) is a five-year undergraduate program that provides a comprehensive education in management studies along with foundational knowledge in liberal arts, humanities, and social sciences. Upon completion of the program, students earn a dual degree of Bachelor of Arts (Foundations of Management) and Master of Business Administration (MBA).
The IPM program is designed to equip students with the knowledge and skills necessary to pursue careers in various industries such as finance, marketing, operations, consulting, and entrepreneurship.
However, if you are interested in pursuing further studies after completing the IPM program, there are several options available to you:
- MBA: Many IPM graduates choose to pursue an MBA from a reputed institute to further enhance their management skills and knowledge. An MBA degree can help you specialize in a particular field of management and increase your career prospects.
- Masters in a specialized field: You can also opt to pursue a master's degree in a specialized field such as finance, marketing, operations, or entrepreneurship. This can help you gain expertise in a particular area of management and enhance your career opportunities.
- PhD: If you are interested in research and academia, you can pursue a PhD in management studies or a related field. This can lead to a career in teaching and research in prestigious academic institutions or research organizations.
- Professional certifications: There are several professional certifications available in various fields of management such as finance, marketing, human resources, and operations. These certifications can help you gain specialized knowledge and skills and enhance your career prospects.
In conclusion, there are several opportunities for further studies after completing IIM-Indore's IPM program. You can choose to pursue an MBA, a master's degree in a specialized field, a PhD, or professional certifications to enhance your knowledge and skills in management studies and increase your career prospects.
I would like to know feedback about a 5 years integrated BBA-MBA at IIM Indore. Is it considered equivalent to a normal IIM pass out?
A 5 years integrated BBA-MBA at IIM Indore is a diploma course, and you must complete a correspondence course from IGNOU, DU, or some other university in order to obtain a degree with your diploma.
It is not worth paying 15-16 lacks for a diploma. Instead, strive for a BBS from DU in colleges such as CBS or a BBA from Narsee Monjee.
Which is better, Amity University in Gwalior or Indore Institute of Management?
IIM Indore is one of the most prestigious B-schools in India and is more esteemed than Amity University Gwalior. The courses at IIM Indore are exceptional owing to its demands and outcomes. Meanwhile, Amity University is still towards development and giving results to students in the last ten years.
Ranking
Amity University Gwalior-
- 151st out of 200 in Top Universities in India 2020 by NIRF.
- 68th out of 76 in Top Universities in India 2020 by The Week.
IIM Indore-
- 7th out of 100 in the B-Schools of India by NIRF.
- MBA stands 5th in the 284 colleges of India to India Today
Eligibility
The eligibility criteria for some different courses are mentioned:
Amity University Gwalior-
- BBA: 55% in 10+2 from CBSE (or equivalent)
- MBA: Graduation with 50%+ CAT/XAT/MAT/NMAT/GMAT scores
- BA (Hons): 55% in 10+2 from CBSE (or equivalent)
- B.Tech: 60% in 10+2 from CBSE (or equivalent) and Amity JEE entrance exam
IIM Indore-
- PGP: Graduation+ CAT/GMAT/GRE
- PGP- Mumbai: PGPMX Aptitude Test
- EPGP: GMAT+ 5 years of work experience
- FPM: CAT/GRE/GMAT or JRF in some fields -
Placements
Amity University Gwalior-
- 1030 job opportunities were given by 84 companies.
- The placement percentage was 97.95%.
- The highest package of INR 7.50 lakhs was bagged by a BTech student in TCS.
- The prominent recruiters from the batch 2018-19 include Asian Paints, ZYCUS, Extramarks, William Penn, Cognizant, Flipkart, Tata Consultancy Services, HDFC Bank, etc.
IIM Indore-
- There were two international offers amongst 2019-2020 placements.
- For Summer Placements 2020, there were 150 total recruiters for 547 students.
- The highest stipend and the average stipends were INR 4 lakhs and INR 2.57 lakhs respectively.
- The roles offer was in Automobiles, Consulting, E-Commerce, Infrastructure & Real Estate, Pharmaceuticals, Media, Technology, Telecom, BFSI, Energy, FMCG, and Healthcare among many others.
The table given below shows the placement statistics of both institutions:
|
Criteria |
Amity University Gwalior |
IIM Indore |
|
Total number of recruiters |
84 |
+160 |
|
No of students |
246 |
578 (44% females) |
|
Highest CTC |
INR 7.50 LPA |
INR 50 LPA |
|
Average CTC |
INR 3.30 LPA |
INR 22.92 LPA |
|
Median CTC |
INR 3.00 LPA |
INR 22 LPA |
|
Number of new recruiters |
17 |
45 |
The placements at IIM Indore are far more ahead of Amity University Gwalior. There are international offers as well for students. The fees are higher at IIM Indore, but the students get returns as well. Amity University, however, lags and does not stand in line with IIM Indore.
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 can I get a summer internship at IIM Indore under Prof. Siddhartha K. Rastogi?
One of my friends was a student of Mr. Siddharth K. Rastogi. He mentored my cousin while he was working on some projects.
He has worked on topics related to Public Policy, Trade and WTO, Tourism, China, Sports Analytics, and Bird-watching. Mr. Rastogi needs students with excellent writing and editorial skills, specifically academic writing and with excellent statistical analysis.
You must also look up some other professors as well with probably a better record in research. The general perception is that such internships are meaningless and might be useful only if you are amongst the top 1%.
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
How many questions out of 100 do I need to attempt in IPMAT to get a seat in IIM Indore?
There are total 100 questions in IPMAT and candidates have to answer the questions in 120 minutes. There are 3 sections and the duration for each section is 40 minutes. For every correct question you get +4 and for every incorrect answer there is a deduction of 1 mark. The cutoff for last year was around 306 so in order to get the interview call you need to attempt around 82-85 questions with an accuracy of 80 %. The more you increase your accuracy the lesser the pressure of attempting more questions.
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.
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