It is preferable if you enroll in any educational coaching institution because you are taking a drop year, especially for IPM preparation. This is because for IPM, students have to give a PI and an Aptitude Test.
Lastly, as I have seen my friends prepare and do well in exams, I will encourage you to do the same. Be confident while giving your answers and attend the PI with complete honesty.
No, I won't suggest doing it under any circumstances. A loan from a government bank is also quite simple to obtain for you. You shouldn't let financial constraints prevent you from going with the finest alternative. If you manage to get into IPM IIM Indore, you will be assisted in a variety of ways.
One of my friends graduated from IIM Indore and according to him, it's worth trying as it provides an opportunity to get admission to IIM Indore, one of India’s top educational institutes.
IPM from IIM Indore is a decent program with good faculty and placement opportunities, so you should opt for it, given the option.
The integrated MBA program at IIM Indore or as the name goes, the IPM program would be the best option to go for if you are not interested in the technological field or any other field and you want to start your own business or get placed at a good company in the field of management.
If some other field of study interests you then I would suggest you go for the same and not for the IPM program and regret it later.
As far as the placements are concerned, even though I do not know much about it, I am pretty sure you will get placed with a good company and IIM Indore is a reputed B-school.
You will have a plethora of combinations to choose from. Let me tell you about some of your options:
So you can pick and choose between a lot of options and see what meets your interest and choose a career path accordingly.
Management courses at IIM Indore are taught throughout semesters. In each semester you will have subjects taught via case studies or group presentations or role-plays. It can be difficult if you are not good at communication.
But there are elements that provide fun as well that will help you try to improve your personality, and your communication skills get better, that's when your confidence will improve. To be honest, there's no other degree that can make such a huge impact on your life more than an MBA degree.
Be mindful of the curriculum because it may seem intimidating but is not as tough as it seems, what makes it difficult is the deadlines for assignments, but once you cross this hurdle you'll be in a world full of opportunities and growth.
If you have studied Maths till 12th, it cannot be counted as an advantage as it usually fades off after a month of classes and tests. The CBSE/ICSE + JEE type of Maths that you have studied in your school is useless, unfortunately, because it does not have any use here and offers no advantage whatsoever.
Math is definitely very important if you go through the IPM curriculum because of its correlation with subjects like Economics and Statistics which require you to face some number crunching. You will have to put a little effort during the first couple of months or so just as the non-math students do. It will be fruitful because even they score full marks in Math.
You just have to deal with your Math anxiety. Get over it by making math fun and not scary and IPM will feel like a dream.
Congratulations, if you have got a call from IIM Indore.
IIM Indore's management programs and placement record make it a good choice for an MBA in HR. IIM Indore's MBA in HR program has several advantages:
IIM Indore's MBA in HR program offers a well-rounded education, industrial exposure, great employment chances, and a strong alumni network.
SRCC is an established and well-known institution affiliated with the University of Delhi. The institution has a pretty good faculty and the curriculum being taught there is also considered to be of high standards. If you are planning to prepare a solid CV for your career, I would suggest that you opt for a course of your interest at SRCC.
These are just some views I gathered by interacting with students of these institutes.
Categories | Economics (Hons.) at SRCC | IPM at IIM Indore |
Course Fee | 45,000 | 26 lakh |
Course Duration | 3 years | 5 years |
Highest CTC | 25 LPA | 28 LPA |
Average CTC | 8-10 LPA | 15-18 LPA |
Recruiting Companies | Deloitte, KPMG, EY, Amazon, etc. | ICICI Bank, American Express, Mindtree, HCL, etc. |
My brother was eligible for admission at SRCC but instead, he opted for IPM because it was favoring his interests, environment, and several other factors. You can too make a decision based on your interests and several other factors which you think are important for your career.
IIM Indore IPM is better. This program was the first of its kind, in India and 6 batches have already graduated. As per the 2022 placement highlights, the average CTC for IPM was INR 25 LPA. At IIM Rohtak, IPM is a new course. The first batch will graduate in 2024.
Other than these factors, the two IPM programs vary in terms of course curriculum and selection criteria.