Latest Update: IIM Indore IPMAT exam will be conducted on May 23, 2024.
IIM Indore IPM is a 5-year integrated MBA program designed for young students with managerial and leadership aspirations. Anyone who has completed 10+2 in any stream is eligible to apply for the IIM Indore IPM program. IIM Indore IPM fee is INR 5 lakh per year for the first 3 years and the last two year’s fees are the same as IIM Indore MBA fees. Read more about IIM Indore Courses & Fees.
IIM Indore IPM admission is based on IPMAT, which is an aptitude test conducted by IIM Indore itself, followed by a Personal Interview. IIM Indore IPM Placements are conducted together with the MBA placements. During the 2023 placement drive, IIM Indore witnessed an average CTC of INR 30.21 LPA and the highest CTC of INR 1.14 CPA.
Table of Content
Event | Dates |
---|---|
Forms Available | March 8, 2024 (Tentative) |
Last Date to Apply | First Week of April, 2024 (Tentative) |
IPM AT 2024 Admit Card Download Start Date | First Week of May 2024 (Tentative) |
IPMAT 2024 Exam date | May 23, 2024 |
IPMAT 2024 Result Date | July 5, 2024 (Tentative) |
Personal Interviews for Shortlisted Candidates | July 17 - 20, 2024 (Tentative) |
Provisional Admission offers | Last Week of August 2024 (Tentative) |
IPM 2024-29 Programme registration | Last Week of August 2024 (Tentative) |
Anyone who has completed 10+2 from any stream can apply for the IIM Indore IPM program. The IPM admissions will include the following admission stages:
Admission Stage | Description |
---|---|
Application Form | The eligible candidates should fill out the online application available at the IIM Indore website. |
IPMAT | The candidates who fulfill all the eligibility criteria will be called for an Aptitude Test conducted across 34 cities in India. |
Shortlist for Personal Interview | An Aptitude Test Score will be generated based on the candidate's scores in the 3 sections of the AT, and it will be used to create a merit list of candidates shortlisted for the PI. |
Personal Interview | The shortlisted candidates will have to appear for the personal interview conducted online or offline. |
Final Selection | A category-wise merit score will be prepared based on the composite score, which is calculated on the basis of the Aptitude Test Score and Personal Interview. |
The candidates will be selected based on their performance in the Aptitude Test (AT) and the Personal Interview. There are 3 stages in which the candidates are selected for the IIM Indore IPM program.
IPMAT is the aptitude test conducted by IIM Indore for evaluating candidates for IPM admissions. IPMAT has 3 sections, Quantitative Ability (MCQ format), Quantitative Ability ( Short answer question format), and Verbal Ability (MCQ format). The minimum cut-off marks for each category is given below:
IIM Indore Cut-off: IPMAT Sectional Cut-off 2023 | ||||||
---|---|---|---|---|---|---|
Category | Quantitative Ability SA | Quantitative Ability MCQ | Verbal Ability | Female Count | Male Count | Total Candidates |
EWS | 4 | 26 | 98 | 17 | 66 | 83 |
General | 12 | 39 | 125 | 92 | 184 | 276 |
NC-OBC | 4 | 23 | 91 | 61 | 134 | 195 |
PwD | 4 | 5 | 43 | 5 | 15 | 20 |
SC | 4 | 15 | 69 | 29 | 80 | 109 |
ST | 4 | 5 | 43 | 14 | 32 | 46 |
IIM Indore IPMAT Candidates who secured the Exam by scoring minimum cutoff is as follows:
Category | Female | Male | Total Candidates |
---|---|---|---|
EWS | 150 | 420 | 570 |
General | 2945 | 4093 | 7038 |
NC-OBC | 427 | 854 | 1281 |
PwD | 7 | 24 | 31 |
SC | 91 | 232 | 323 |
ST | 20 | 50 | 70 |
Grand Total | 3640 | 5673 | 9313 |
The minimum and the maximum ATS for all the categories are mentioned in the table below:
IIM Indore Cut-off: IPMAT ATS Cut-off 2023 | |||
---|---|---|---|
Category | Count | Minimum ATS | Maximum ATS |
EWS | 83 | 27.49844 | 70.71719 |
General | 276 | 43.69076 | 82.33909 |
NC-OBC | 195 | 22.53077 | 79.51334 |
PwD | 20 | 5.73298 | 60.37080 |
SC | 109 | 14.00530 | 61.96987 |
ST | 46 | 2.43328 | 45.44232 |
The merit list will be generated based on the Aptitude Test Score (ATS) and a sufficient number of candidates from each category, will be shortlisted for the interview. The ATS will be calculated through the marks scored in the 3 sections of the Aptitute Test.
Components | Score (Weight) |
---|---|
Score in Quantitative Ability (MCQ) Section | 25[Candidate's Score - Minimum ScoreMaximum Score - Minimum Score] |
Scorein Quantitative Ability (SA) Section | 25[Candidate's Score - Minimum ScoreMaximum Score - Minimum Score] |
Score in Verbam Ability (MCQ) Section | 50[Candidate's Score - Minimum ScoreMaximum Score - Minimum Score] |
Aptitude Test Score (ATS) | = Sum of the above |
The final selection of the candidates for the IPM program will be based on the composite score, calculated through the Aptitude Test Score (ATS) and Personal Interview. A category-wise final merit list will be generated.
Component | Score |
---|---|
Aptitude Test Score (ATS) | 65 |
Personal Interview Score | 35 |
Composite Score | = Sum of the above |
Check: IIM Indore detailed Cut-off
IIM Indore IPM placements are conducted with the PGP students as the IPM students undergo the same curriculum as the PGP students in their 4th and 5th year. So in the 2023 placement drive, the highest package stood at INR 1.14 CPA & the average package stood at INR 30.21 LPA. More highlights of IIM Indore Placements 2023 are tabulated below:
Particulars | Placement Statistics |
---|---|
Total Students | 568 |
Total Recruiters | 160 |
Number of New Recruiters | 80+ |
Highest CTC | INR 1.14 CPA |
Average CTC | INR 30.21 LPA |
Median CTC | INR 27.20 LPA |
Major Domains | Consulting, Sales & Marketing |
Top Recruiters | Accenture, Boston Consulting Group, Bank of America, Barclays, IBM, Infosys etc |
Check: IIM Indore detailed Placement Report
IIM Indore has been ranked by various institutions like NIRF, Outlook ICARE, IIRF, etc. It has been awarded 7th rank by NIRF 2022 among the top B-schools in India.
Ranking Body | Year | Category | Rank |
---|---|---|---|
IIRF | 2023 | Top Govt. B-Schools | 12 |
Outlook ICARE | 2023 | Top Govt. MBA Colleges | 5 |
NIRF | 2022 | Management | 7 |
Check: IIM Indore Ranking
Particulars | IIM Indore IPM | IIM Rohtak IPM | IIM Ranchi IPM |
---|---|---|---|
NIRF Ranking 2022 | 7 | 16 | 15 |
Duration | 5 years | 5 years | 5 years |
Eligibility | 10+2 | 10+2 with 60% marks | 10+2 |
Admission Process | IPMAT + Personal Interview | IPMAT + Personal Interview | IPMAT + Personal Interview |
Degree Awarded | BBA+MBA | BBA + MBA | BBA+MBA |
Fees | INR 15,00,000 (BBA) + INR 21,14,000 (MBA) | INR 16,50,000 (BBA) + INR 17,90,000 (MBA) | INR 16,00,000 (BBA) +INR 1750000 (MBA) |
Curriculum | The major courses covered are Economics, Mathematics, Statistics, Humanities & Social Science, Communication, and Information Systems. | The course has 3 terms each year. The first 3 years will have 4 core areas i.e, Mathematics, Economics, Statistics, and Humanities. The last 2-year curriculum will be similar to the PGP program. | Some of the core courses include management, marketing, accounting, finance, economics, information systems, data science, and strategic management. |
Exit Policy | The students can choose to exit the program after 3 years with a BBA degree. | The students will have to maintain a 5.0 CGPA in the first 3 years to go to the 4th year. Students below a 5.0 CGPA will be awarded a BBA degree and will have to exit the program. The students who want to quit after 3 years can also exit with a BBA degree. | The students will be awarded a MA degree at the end of the 5th year. |
Highest CTC | INR 25.01 LPA | INR 36 LPA | INR 32.21 LPA |
Average CTC | INR 49 LPA | INR 18.73 LPA | INR 16.17 LPA |
IIM Indore | IIFT Delhi | |
---|---|---|
Reviews Rating | ||
Cost To Study | Total Fees ₹3831355 (5 Years ) | Total Fees ₹3377314 (5 Years ) |
Ranking | # Ranked 6/272 by India Today Management Ranks | # Ranked 9/272 by India Today Management Ranks |
Highest Salary | ₹11400000 | ₹8540000 |
Average Salary | ₹3021000 | ₹2910000 |
General Course Details | Duration - 5 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 5 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree |
Eligibility | 10+2 | - |
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The fee structure of IPM from IIM Indore is given below in detail. The fee structure for the first three years are as follows.
The course fee for resident Indians is 4 Lakhs per annum for the first 3 years.
Head | IPM - I | IPM - II | IPM - III |
Course Fee | 400000 | 400000 | 400000 |
Medical Insurance Premium | 711 | 711 | 711 |
Refundable Caution Deposit | 50000 | - | - |
Mess Deposit | 45000 | 45000 | 45000 |
Grand Total | 495711 | 445711 | 445711 |
The course fee for International students is - 6 lakh per annum. The course fee for the 4th and 5th year students would be as per prevailing PGP fees.
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.
This is the complete procedure of admission to the IPM course 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.
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.
One of my friends studied at IIM Indore. According to him the number of recruiters at IIM Indore tends to be 200 and above. 53% of the batch is recruited by the consulting and finance departments. The average salary for 5 Years IPM batch ranges to be 17.01 LPA.
Categories | IIM Indore |
Average CTC | 20.79 LPA |
Highest CTC (International) | 89.25 LPA |
Highest CTC (Domestic) | 40.5 LPA |
As per the various domains of recruitment, the students are recruited under the following sectors.
A few of my friends graduated from IIM Indore and according to them, the institute has a good placement record. As per the recent placement highlights, the average CTC offered at the institute is 23 LPA.
It is also said in the IPM IIMR brochure that there will be a minimum salary of 20 lacs approx. So don't worry. And most students opt for campus placement to know the working of the industry. After that, they start their start-up for growth.
Some of the top recruiting companies from IIM Indore for the IPM course are PwC, Deloitte, Optum, BCG, Amazon, Cipla, MX Player, ACT Fibernet, Paytm, Microsoft participated in the placement drive.
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.
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.
The questions in an IIM Indore IPM interview are mostly about academics. They are focused on your personal introduction. That is, your hobbies and interests are well taken into account and questions will be asked right on that to check the depth of your 'desired field'.
They inquire about your favorite subjects and pose questions about them. They want to know why you want to take the course, what your future plans are, your strengths and weaknesses, and your knowledge of current events. They also assess your general knowledge and mental alertness. Though the questions are simple, you will be bombarded with them in order to put you under pressure.
If they believe you are well-versed in your subjects, they will dig deeper and only leave you if you are exhausted. If you succeed in all of this, you will undoubtedly find yourself inside the circular column of IIM Indore. The IPM interview is one-of-a-kind, personifying the course itself. It is both difficult and simple at the same time.
The two parameters that majorly contribute to the high course fee of IIM Indore IPM are as follows.
Although IIM Indore IPM fees are high, the return on investment is worth the expenditure. The opportunities this course offers are immense. As a student of IPM, you will get to learn management skills from the best-in-class faculties. IPM students are given exposure on an international level. IIM Indore placements are great for IPM. According to recent placement highlights, the highest CTC offered for the branch is around INR 50 LPA. While the average CTC for IPM is INR 22.92 LPA.
If the current scenario is accurate, the student intake of IPM will be doubled only if the IIM bill is passed. This move has already brought a downgrade in the image of IIM Indore. Doubling the intake of students will more than dampen the image of IIM Indore. This step will make it one of the worst business schools in the country.
The batch already has around 120 students so it may not be possible to be in charge of a bigger batch. It is difficult enough already.
There is also a lack of capable faculty given the fact for the first 3 years, you will be taught by guest faculty.