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Which course is the best? IIM Indore's IPM, BFIA / BMS at SSCBS, DU; BSc Fin. at NMIMS or BBA at Christ?
In my opinion, the best course among these is IPM. Some might even think I am a little biased towards this course but in reality once you learn the advantages of this program you will change your mind.
The Programme consists of 15 terms spread over a period of 5 years, with each year having 3 terms of 3 months. The subjects of the initial 3 years focus on the foundation and the last 2 years have core subjects that focus on Management.
- The programme is designed by renowned experts.
- IIM-I tag
- Amazing infrastructure
- Excellent faculty
- Extensive network of alumnis
- Peers from diverse backgrounds (The last 2 years are along with PGP students )
- Great placement opportunities
- Wide range of co-curricular activities
Cons :
- Programme is new so recruiters and big companies don’t trust it much
- It experiences bias when compared to the old PGP model.
- In case one doesn't like the programme, you can not change the stream again.
- IPM offers very limited scope
- No specialization
- Freshers are not much preferred in comparison to experienced placements.
- High fees
Still if you are not convinced that IPM is the best alone the courses you mentioned, the order for the other courses is
SSCBS> NMIMS> Christ
The only advantage the other courses have over IPM is that their model is tried and tested and open to lesser risks. Hence the scope is not that much limited.
How good is IPM at IIM Indore in terms of ROI (return of investment)?
My brother is a student of IIM Indore and according to him, the IPM program offered by the institute is not that good. Also, no other IIM offers IPM, which does say something about the course.
Compared to the course fees, the average package offered to the students is less. So the ROI for the IPM program is not that great. Here is a brief outline of the IPM program.
| Course Fee | 20 lakhs |
| Average CTC | 17 LPA |
| Major recruiters | Deloitte, BCG, Amazon, Cipla, etc. |
Also, you will not receive any proper undergraduate degree instead you get only an IGNOU degree which holds no value.
What should I choose between an IPM course at IIM Indore or a BMS course at Xavier College Mumbai?
The five-year IIM Indore IPM degree combines undergraduate and postgraduate management courses. Students who want to start their management career after 12th grade should take this course. The programme comprises economics, accounting, marketing, and human resource management classes and internships with prominent organisations. This management programme is well-regarded and offers great job chances.
BMS at Xavier College Mumbai is a three-year undergraduate programme that covers all elements of management. This programme teaches management skills. The programme offers internships, economics, statistics, marketing, and finance classes.
Both degrees are well-regarded and provide great managerial careers. IIM Indore's IPM programme may be a fantastic choice for 12th-graders who want to start their management careers. The BMS programme at Xavier College Mumbai may be preferable for you if you desire a more conventional undergraduate education and then management.
Which career is better from a financial perspective: a corporate lawyer or an IIM Indore IPM course?
Honestly speaking, every career is good from a financial perspective provided that you are efficient in your job. You don’t get paid for your qualifications, degrees or certificates. They are just means to acquire the skills. People pay you for your skills and efficiency. They pay you for the quality of work you get delivered.
The reason why IIM or top Business or Law Schools students earn a higher salary than others is because their colleges teach them the skills along the way. They don’t just receive their degree after paying high fees. They earn the degree through struggles and efforts.
Other instances include people who lack higher education yet have strived to become entrepreneurs and stock investors. They are making a lot of money through it. They are being paid for their skills and knowledge for their degrees.
So decide your career solely on the basis of your interests and inclinations. Don’t just aim at a degree or a certificate.
What are the chances of getting into IIM Indore IPM if my OBC rank is 61?
One of my friends opted for both Indore and Rohtak. He only got into the waiting list for Rohtak through the EWS Category Rank 80. It is actually a bit hard to get admission at IIM Indore.
According to a trend, which emerged from IIT and NIT, students are dropping out of their colleges to enroll in Indore because of its tremendous growth in the past few years. This has provided immense opportunities to students related to internships and work.
If you are an IIT/NIT aspirant and still confused whether you should choose Management from Indore or Engineering from IIT in sync with your interest in finance, entrepreneurship or consultation then you must go for Indore. It will also develop your business too.
During the 2nd merit list in 2020, students from NC/OBC category up to the merit rank of 47 got an admission offer. So, if we analyze from that, then you'd have a better chance after the result announcement of JEE Advanced.
Should I do IPM from IIM Rohtak?
Yes, you can take an IPM course at IIM Rohtak. There are several reasons for this, including:
- The course choices are delicately varied.
- Several webinars featuring eminent people such as the minister of sports and youth development, the minister of petroleum and natural gas, the minister of state for external affairs, and others are held on a regular basis.
- The quality of a college is determined by the quality of its students. You can see people from various backgrounds, from various locations, doing various things in life. Some freelance, others are almost professional stock traders, and so on. These people encourage you to explore yourself and your potential.
- Rohtak is in the National Capital Region. As a result, expect a lot of companies to come into contact on campus for recruitment.
- For the 2022 placement, the highest and average salary packages are INR 30 LPA and 15.92, respectively.
IIM Rohtak and Indore IPM students have formed a community to help aspirants get into the IIMs of their dreams. They have a YouTube channel and a Telegram channel where they share free academic content, daily quizzes, news updates, vocabulary boosts, and more.
Is it better to go for the IPM program offered by IIM Indore or do a bachelor's degree and go abroad?
First of all, it depends on the college you enroll in (for undergraduate study in India) and the subjects you are interested in. Choose IPM if the undergrad institution you are considering is not on par with it. If not, you might still think about that as a possibility.
Additionally, it depends on individual preference, financial situation, family, etc. Moving abroad is a major decision, and not everyone is emotionally or mentally prepared for it. Therefore, it is a very individual choice.
Most importantly, after completing the first three years at IPM, you are free to transfer to another college abroad. People have done this in the past and been accepted to institutions like HEC, and Paris. If you take this route, you will have the security of completing an MBA at IIM-Indore in case you are not accepted to your dream college abroad; however, if you are, you may leave IPM. It benefits both parties.
Additionally, three years is a long time, and if you decide to travel abroad, your preferences may change. In that case, IPM is still a better choice. As a result, we strongly advise choosing this option.
How is the IPM course offered by IIM Indore? After completion of 5 years, do we get a diploma or a degree from IIM?
With the implementation of the IIM Act, students of the five-year Integrated Program in Management (IPM) would, like their PGP counterparts, begin receiving degrees rather than diplomas in 2018.
In contrast to their peers in colleges, IPM graduates could not enroll in higher education programs. It was for this reason that many students chose not to apply for the course.
Authorities at IIM Indore were troubled by the fact that IPM was a diploma program. Concerned, IIM Indore administrators permitted IPM course participants to pursue degree programs concurrently via distance learning. However, this action also did not put an end to the worries related to the IPM course.
Is there anyone in IPM IIM Indore batch with less than 90 percentage in class 10th and 12th?
Yes, there are people who scored below 90% aiming to get into IIM Indore. Here are some things to keep in mind if you're in this situation:
- To get into IIM Indore, you need to qualify for the entrance test with high scores since the paper deals with sectional cut-offs.
- After qualifying, you need to excel in the interview, where you will compete with people who scored over 90% - 95%.
- Being exceptional in your subject matter knowledge is key to performing well in the interview.
It's difficult but not impossible to get into IIM Indore with scores below 90%. Attitude and aptitude both matter.
Is economics honors a better option or IPM offered at IIM Indore?
Firstly Economics Honours required an in-depth study of Economics whereas the IPM program focuses on the many areas of Management. There is a drastic difference between the nature of both courses. No doubt Economics knowledge is beneficial for the IPM program but is not necessarily important. In IPM, Economics is just a 4 credit course in a term of about 30 credits.
IPM hugely emphasizes Quants over Economics. So if you are more interested in Economics, then IPM is not for you. Your choice should be a good college from DU North Campus. If you manage to get into one then pursuing Economic Honors is a much-preferred option over IPM. Don’t choose a below-average college for Economic Honors. In that case, go for IPM only.
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