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Which executive MBA course is better between IIM Indore's EPGP and IIM Lucknow's IPMX?
Compared to IIM Lucknow’s IPMX, IIM Indore’s EPGP will be a better option.
Small Cohort Size:
IIM Indore has a small cohort size. So, the professor-to-student ratio is higher.
Location:
IIM Indore IPMX program takes place on the Noida campus. The environment on campus is ideal for studies and it also has the advantage of being close to the industries in the Delhi NCR region.
Placement:
IIM Indore Executive MBA placements 2022 had witnessed an all-time high average placement package. The average CTC for the top 25% of the EPGP students was INR 35.5 LPA. While the top 50% of students received an average CTC of INR 30.6 LPA.
Batch Size:
IIM Indore 2021 EPGP batch had 68 students. Students had work experiences in the range of 5-15 years. The students crowd is diverse and there is huge potential for peer learning.
Due to these factors, EPGP from IIM Indore will be a better option.
What are the best one year full-time executive MBA courses in India? Can anyone who has done the IPMX course at IIM Lucknow share their experience?
There are mainly 3 MBA programs in India:
- Two Year Program in Management- Aimed at people with less than 2 years of experience
- One Year Program in Management- Aimed at people with 2-15 years of experience
- Part Time Program in Management- Aimed at working professionals
Before we dwell on the best one-year full-time executive MBA courses in India, let’s understand what exactly a one year program is.
The 1-year-program gained fame in India after the success of ISB in the early 2000s. IIMs and other institutes initiated the same and have been offering the 1-year program since late 2000s. This program mainly offers high-quality education for experienced professionals. Some best programs offered in India are
- ISB- PGP (Post Graduate Program)
- IIM Ahmedabad- PGPX (Post Graduate Program for Executives)
- IIM Bangalore- EPGP (Executive Post Graduate Program)
- IIM Kolkata- PGPeX (Post Graduate Program for Executives)
- IIM Lucknow- IPMX (International Program in Management for Executives)
The admissions happen on the basis of GMAT, Essays, and Interviews. It is primarily meant for people with several years of experience but who want to upgrade their managerial skills.
The best part is that the 1-year-program is equivalent to an MBA internationally. Infact, major international rankings such as Financial Times consider the 1-year program. So the 1-year program at the top B-Schools in India will give you a similar experience academically.
As far as the IPMX course is concerned, it is not an Executive MBA.
How was your IIM Lucknow interview and what is your experience with IPMX?
IIM Lucknow Interview Experience is provided here.
- Profile-related inquiries
- Questions about current events and economics (GDP of India, Sectors of economy, etc.)
- Questions about basic financial statements ( What is a balance sheet, how is it different from than income statement, etc.)
- 12th-grade Mathematics.
- General Understanding and Knowledge as well as Social Awareness (MP & MLA of your constituency, Speaker of Lok Sabha, MP of Lucknow, etc.)
IPMX Experience:
IPMX is held at IIM Lucknow's Noida campus. The Noida campus is smaller in size than the Lucknow campus. However, it has all of the necessary amenities. IPMX's pedagogy and curriculum are excellent. However, the first few months will be extremely difficult. Each class would feel like it was a barrage of new ideas. Sleep hours would suffer in the early days. Assignments and quizzes become a regular part of one's day. Students become immune to the stress of quizzes/assignments by the third term. There is something new to learn every day.
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