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What degrees will IIM Indore provide to IPM students, as the IIM Bill is passed now?
The 2013-18 group received a dual degree with a BA Foundations in Management and an MBA last year, and the later batches are anticipated to receive the same. The degrees conferred are in accordance with UGC guidelines.
However, The degree conferred for the UG component is BA (Foundations of Management) in compliance with UGC standards, and the degree given for the PG component is MBA (under dual degree program).What are the package details for students at IIM Indore?
The final placement season of 2022 saw opportunities offered in a variety of industries. Banking, Financial Services & Insurance (BFSI), Consulting, Consumer Products & Retail (CPR), and Technology, Media & Telecommunications (TMT) hired the most students. Automotive, Chemicals, Energy, Healthcare, Hospitality, Infrastructure, Logistics & Supply Chain, Manufacturing, Mobility, Pharmaceuticals, Steel, and Wine & Spirits were also heavily represented.
Domain-specific placements:
- Sales & Marketing - 18%
- Consulting - 31%
- Finance - 20%
- Genman, Ops & others - 16%
- IT / Analytics - 15%
The total number of recruiters was 200+ recruiters with 30+ new recruiters. IIM Indore's highest package offered was INR 49 LPA whereas the average package offered was INR 25.01 LPA (6% increase in Average CTC), and the median package offered was INR 24.09 LPA (6.6% increase in Median CTC).
If you had to choose between IIM Indore this year, or IIM C next year, what would you choose?
You should always be in the present moment. It is far better to seize this opportunity rather than pushing what you have in hand in the hope of getting something better.
Many individuals have rejected IIMK in the past, believing that they would ace the CAT with a much higher percentile and gain admission to IIM A, B, or C the following year. Many of these people ended up scoring much lower and failing to progress.
You have a desirable offer that many people would have loved to have. You, on the other hand, know yourself better than anyone else. As a matter of fact, the final decision is yours.
How is the life of an IPM-IIM Indore student from studies and extra curricular activities to hostel life?
The life of a student pursuing IPM at IIM Indore can be very hectic. Over the years, IPM has evolved a lot and is attracting more and more students as the years go by.
It is a tiring course, however. There is a lot of diversity in the IPM course. It also has a Student Activity Council (SAC). Its function is to organize events for the students in various domains. It is also in charge of conducting other activities and festivals on the campus and also acts as a bridge between IPM and IIM Indore.
This council has four committees, three clubs, 12 special interest groups, and the main teams of the national-level festivals of IPM.
The three clubs of IPM are as follows.
- IPM Activity Club: This club is in charge of organizing various activities for the students and also provides opportunities for honing their co-curricular skills. This club also aims to improve the social life of the students. It also takes steps to organize trips for the students and organizing well-earned breaks for them.
- IPM Entrepreneurship Cell: IPM tries its best to promote entrepreneurship by facilitating a channel of resources of value. The E-cell offers opportunities for live projects and internships to enhance their experience and have an in-depth knowledge of the industry.
- IPM Social Club: The social club of IPM called ‘AASHA’ strives to educate and provide opportunities to members of IIM Indore to give to society. In the last few years, this cell has conducted blood donation camps, workshops, evening schools, and other social service events.
The hostels are allotted to the students of IPM as per what year they are in for the first three years. The rooms are well-furnished with a television area, and indoor games like badminton and tennis. There is wifi too.
IIM Indore boasts of an enviable sports complex. There are state-of-the-art facilities for both indoor and outdoor games. The fitness instructors guide the students through their expertise through strength training, aerobics training, flexibility training, cardiovascular training, etc.
How is the career growth after one year MBA from IIMs (Ahmedabad, Bangalore, Calcutta, Lucknow, Indore)?
IIMs are known for their top-quality management education and are premium institutes for the same. In addition to their flagship courses, the One Year MBA from IIMs for working professionals is offered as a Full Time Residential MBA Program for Executives. This program is much coveted among working professionals with work experience of 3 to 7 years. The program has similar USPs of two year MBA program except that it is more rigorous. Because of its dynamic nature, the placement opportunities offered to one-year MBA students are even better.
Here is a one-to-one analysis of each program.
IIM Ahmedabad PGPX:
The Post Graduate Programme in Management for Executives (PGPX) is one of the finest one-year, full-time, residential programs in the world. Its best-suited for bright, enthusiastic, and aspirational executives with professional experience. This program attracts top talents from diverse industries, cultures, and geographies.
IIM Bangalore EPGP:
IIM Bangalore offers an intensive one-year residential MBA programme created specifically for professionals with remarkable track records and 5 to 12 years of work experience in a wide range of industries.
IIM Calcutta MBA-Ex:
IIM Calcutta's MBA for Executives Programme (MBA Ex) is One Year Full-Time Residential MBA Programme that provides mid-career professionals the ideal platform to augment their existing skill sets and paves the way for senior and top management roles in the industry. MBA Ex at IIM Calcutta, since its inception in 2006, has spawned alumni who have demonstrated excellence in the leadership positions that they have occupied in their organizations.
IIM Indore EPGP:
IIM Indore EPGP is a reputed one-year MBA is specially designed to enhance knowledge, AMBA skills and capabilities essential for managing and leading organizations and the program combines skill building with an exploration of good management practices.
IIM Lucknow IPMX:
IIM Lucknow offers International Programme in Management for Executives (IPMX) at its NOIDA Campus to prepare working professionals for the top roles in business organizations.
All in all, each of the one-year MBAs offered by IIMs has a single purpose; to enable working professionals to climb the corporate ladder and receive better packages.
What kind of infrastructure does IIM Indore has?
The infrastructure of IIM Indore is pretty good. The institute has good classrooms and a big auditorium. There is also a library for the students.
Apart from these, IIM Indore also has a full-size swimming pool, courts for tennis and badminton. There is also a playing area for football and also a gym for the students.
There are mass facilities available 24/7. There are also shops inside the campus from where you can buy whatever you require.
Is there anyone who regrets joining IPM IIM Indore? Why?
IPM offered by IIM Indore is a relatively new course. The lack of awareness regarding the course may have been a reason for regret for some students who joined initially. Here are some of the factors regarding the course which can be a bit concerning.
- The course fee is too high. So, it may not be a good choice in terms of ROI.
- It’s a long-term commitment since the course is 5 years long.
- Although IPM students sit alongside the PGP students for placements, some companies may prefer PGP students over IPM. As companies tend to consider IPM students as freshers, the average CTC offered to IPM students is less as compared to PGP students.
- IPM course curriculum is still experimental.
These are some of the things that students find most concerning about the IPM course.
Which degree do you get from IPM IIM Indore?
IPM from IIM Indore is a Five-Year Integrated Programme. In this course, the participants are awarded the Bachelor of Arts (Foundations of Management) and the Master of Business Administration (under the Dual Degree Programme) by IIM Indore on the completion of the program.
On completion of the IPM course, the students get an IDM, “Integrated Diploma in management."
What are the main topics to cover for IIM Indore IPM entrance exam?
IIM Indore conducts an entrance exam called IPMAT (IPM Aptitude Test) for inducting students in its 5-year Integrated Program in Management (IPM) course, the form for which is usually released in the month of May each year.
The test has three sections, i.e. Quantitative Ability (MCQ), Quantitative Ability (Short Answer), and Verbal Ability (VA). So naturally Mathematics and English are the two subjects you should focus on to ace the exam. In mathematics topics such as probability, trigonometry, mensuration topics such as area, volume and perimeter should be your top priority. A good grip on class 10 mathematics will definitely help you.
In English, you need to be proficient in the language. Grammar, reading comprehension through paragraphs, and punctuations are some of the most important topics to cover in the language section. I hope if you practice enough, you can easily cross the cutoff of the test.
Who is eligible to apply for the IPM course at IIM Indore?
The integrated Programme in Management started in the year 2011. This course has 15 terms in total with 3 terms each year. The minimum eligibility for the program is a degree in HSC from a recognized board.
Students who are currently studying in 12th std. are eligible for filling out the application form that is available online. The application form usually releases in May. IPMAT would take place on June 16, 2023. The course might require you to take classes for preparation if you don’t have a good grasp of maths and reasoning. But other than high school certification you are only required to take the IPMAT exam.
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