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What is the procedure to do IPM course from IIM Indore?
IIM Indore offers an Integrated Program in Management (IPM) which is a 5-year management program. The detailed procedure for admission to the course is given below.
- Eligibility Criteria: Passed 12th in 2019, 2020, or appearing in 2021 and secured 60% in 10th examination.
- Application fee and registration: Application fee of INR 4,130 (general and NC-OBC candidates) and INR 2,065 (SC/ST/PwD candidates). Register for the entrance test online.
- Aptitude Test (AT): Consists of Quantitative Ability (MCQ), Quantitative Ability (Short Answer), and Verbal Ability (MCQ) having a time limit of 1.5 hours. You need to clear the cut-off to appear for the Personal Assessment (PA).
- Personal Assessment (PA): It consists of a personal interview (PI) and a writing ability test (WAT). But for 2021-22, only PI will be conducted
- Final Admission: It depends on the composite score of your aptitude test and personal assessment. The weightage is PA – 35% and AT – 65%.
This is the complete procedure of admission to the IPM course at IIM Indore.
What is better, B.Com (H) from SRCC, BMS from Shaheed Sukhdev or IPM from IIM Indore?
All of these are very good courses to pursue, but all of them are different from each other and have their own advantages. Let's have a look at all the courses.
- B.Com (Hons) from SRCC: This course is among the best for commerce and the alumni network of SRCC is very good. It will help the corporate industry and helps the students to secure a good job in a reputed company. The course curriculum of this college is of high standards and it will have a great impact on your personal growth and development.
- BMS from Shaheed Sukhdev: This is another popular course and is much better than many of the BBA courses. But it lacks behind other courses such as B.Com and IPM in terms of recognition and exposure in the industry.
- IPM from IIM Indore: It is a newly introduced course and there is not any alumni base. This makes it uncertain for some companies to visit during placements. The placement opportunities and the industry exposure available in this course are still unknown. But IPM can be a very good option for personal development.
These are a small introduction for all the courses, and now you can choose one from any of them according to priorities and requirements.
How similar/different are IIM Indore and Spjimr?
SPJIMR is better than IIM Indore in terms of academics, faculty, exposure, etc. The advantages of choosing SPJIMR are as follows.
- The institute follows a unique pedagogy. SPJIMR stands out because of its experimental teaching methodology and outside-the-classroom learning experiences. There are some unique programs like DOCC, ADMAP, Abhyudaya, etc. which will help you get business-ready.
- SPJIMR batch size is smaller compared to IIM Indore. So, it’s easier for students to receive decent placement offers. SPJIMR placements 2022 had an average CTC of INR 30.10 LPA.
- Students need to decide their specialization while applying at SPJIMR. As the specialization is predefined the courses are more streamlined according to the need of that specific industry. Students are better able to decide the company and job roles that want to have in the future.
These factors make SPJIMR differ from IIM Indore. As for similarities, both IIM Indore and SPJIMR have the same range of course fees. The recruiting companies are almost similar for both. The peer group is excellent at IIM Indore and SPJIMR.
How do I prepare for the IIM Indore IPM Aptitude test and personal interview? What books should I refer to prepare for IPM-AT? What is the syllabus for the Aptitude Test?
Frankly, the preparation tips for the IIM Indore IPM Aptitude test and personal interview are best understood from a student who's been through the process recently, not a coaching instructor or institute.
The aptitude test to interview score ratio is 60:40. The study material for the course can't really help you much. Sharpen your math skills if they are lacking. It's a must because quant is a stress if your math skills aren't up to par. The computer provides you with a calculator, but it can only perform basic addition and subtraction. If you are proficient in English, verbal is simple. No point in opening the dictionary to figure out new words or trying to mug them up. Read the papers and any classic literature you can get your hands on. The rest would probably work out. The majority of the reading was at the CBSE level. Your reading speed is the only potential stumbling block. Reading newspapers will also help you if you are chosen for the interview. The term "electronic commerce" refers to the sale of electronic goods. Also, the break between the test and interview is a good time to brush up on your class 12 syllabus.
The one thing to remember is to never lie. They'll see right through you, and trouble may be on the way. Presentation is essential. Don't be scared to ask for a little time to ponder upon a question, but don't be overconfident.
The key is self-assurance. After all, the panelists and the test are only attempting to assess the breadth of your knowledge, your self-awareness, and the goals you wish to achieve. Don't compare yourself with others or think of the multitude of kids trying their luck too. You will succeed there if you are aware that IIM IPM is where your heart truly lies.
Which one is better IIM Indore or IIM Kozhikode?
Both IIMs are roughly comparable. And IIMK cannot be compared to IIMI solely on the basis of one or two major corporations. The benefits of being in K include being exposed to a different culture (Kerala as well as the campus culture in K, which includes things like open-door culture, etc.), which makes you a better person outside of the classroom. Academically, almost all subjects and streams have faculty similar to IIMI, a very good library, and a business museum that no other IIM has. IIMK and IIMI are both exposed to all business competitions, so there is no difference there either.
Although Indore is larger in terms of land area, the natural beauty of IIMK is breathtaking. The smaller batch size also helps K to get better quality placements for all, whereas IIMI lags behind due to their larger batch size for Indore Campus and combined placements for their Mumbai campus as well. IIMK is more than just a business management school; it has attempted to instill a sense of responsibility in its students through social projects and subjects such as Social Transformation and Globalization taught by renowned faculty. These may not be extra benefits for those who have passed both colleges, but they do provide IIMK alumni with a sense of pride.
What's the future after completing the IPM at IIM, Indore?
Any institute will help you with an arrangement of opportunities, may even get you a job in Finance or Management but it will be your decision, whether you'd want to pursue other interests or be in the job available.
The package offered by IPM would definitely be lower than the one offered by the Engineering+MBA (IIM) program. It will nevertheless give you entrepreneurial skills that can be used if you'd like to and create your own empire.
Satya Nadella, the CEO of Microsoft, graduated from Manipal Institute of Technology. But he has made his future. So don't worry, just be strategic and utilize your resources.
Is the IPM course at IIM Indore better than doing engineering, followed by management in top IIMs?
If you are willing to pursue MBA after the completion of your engineering then IPM is the good option for you as you can complete your IPM in five years while engineering and MBA together will be for the entire six years. If you go for IPM, you will have one year of job experience after six years.
In the IPM program, you will get to learn relevant courses in the undergraduate (first three years), while the things you will learn in engineering, will not be of much use in an MBA.
IPM gives you a chance of doing an MBA from an IIM. If you want you can also attempt CAT to get into another IIM, after 3 years of the course.
If you are determined to do an MBA after gaining some experience, then IPM gives that option too. After two years of the IPM program, you will have the chance to work for two years. After that, you can come back and pursue your MBA from IIM Indore.
What was the highest package at IIM Indore IPM?
IIM Indore has published a combined report for its PGP and IPM courses, for its 2023 placements. As per the report, the highest package was 1.14 CPA, with 132.6 % increase. The average CTC was 30.21 LPA, and the median CTC was 27.2 LPA. Companies like EY, Google, Accenture, Hitachi, HUL, MAQ Software, etc. visited the campus with job offers.
What is the average salary package after the completion of IPM from IIM Indore? For IPM graduates, were you satisfied with your packages?
As per the placement report 2023 (for PGP and IPM), the average package for the placement season was 30.21 LPA. The median package was 27.2 LPA. EY, HUL, Google, Hitachi, etc. visited the campus with placement offers.
As far as satisfaction goes, it is not only about the salary package. IIM Indore is a premier business school that offers top-class education and exposure. I know of people who graduated from IIM Indore and got decent-paying jobs. But their main goal is to earn a good certification and ample exposure in corporate. Their ultimate aim is to work on their startups. They want to build sustainable and successful enterprises.
This is my complete take on the placement stats at IIM Indore. I recommend you prefer a holistic approach while selecting your management college.
How should one apply for the 5 year Integrated Programme in Management at IIM, Indore?
As one of my friends who studied at IIM Indore, I might be able to help you answer your question. Go through the following points and see if you get a clear understanding.
- To get a detailed outlook of the 5-year Integrated Programme in Management, you should visit the main website.
- In the notifications area, you can see a section that will provide you with a variety of admission notices for the 5-year IPM program.
- You can follow the link at your convenience to acquire further updates.
- Subsequently, you will find an option that will ask you to register yourself.
- Then you will obtain your username and passwords, both of which are supposed to be mailed to you after registering in.
After you have acquired the login details, you will have to go to the respective website and fill up the already accessible application form. Then pay the examination fee of about INR 1400 via online monetary methods of payment.
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