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What is the fee structure of IPM from IIM INDORE?
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.
What is the procedure to do IPM course from IIM Indore?
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.
- Eligibility Criteria: Passed 12th in 2019, 2020, or appearing in 2021 and secured 60% in 10th examination.
- Application fee and registration: Application fee of INR 4,130 (general and NC-OBC candidates) and INR 2,065 (SC/ST/PwD candidates). Register for the entrance test online.
- Aptitude Test (AT): Consists of Quantitative Ability (MCQ), Quantitative Ability (Short Answer), and Verbal Ability (MCQ) having a time limit of 1.5 hours. You need to clear the cut-off to appear for the Personal Assessment (PA).
- Personal Assessment (PA): It consists of a personal interview (PI) and a writing ability test (WAT). But for 2021-22, only PI will be conducted
- Final Admission: It depends on the composite score of your aptitude test and personal assessment. The weightage is PA – 35% and AT – 65%.
This is the complete procedure of admission to the IPM course at IIM Indore.
What's the future after completing the IPM 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.
Is the IPM course at IIM Indore better than doing engineering, followed by management in top IIMs?
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.
What was the highest package at IIM Indore IPM?
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.
- The sales and marketing sector recruits 22% of the students.
- The consulting domain recruits 27%.
- The finance domain recruits 26%.
- The domain of general management usually recruits around 15% of the students.
- The IT & Analytics sector recruit around 10% of the students.
What is the average salary package after the completion of IPM from IIM Indore? For IPM graduates, were you satisfied with your packages?
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.
How should one apply for the 5 year Integrated Programme in Management at IIM, Indore?
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.
- To get a detailed outlook of the 5-year Integrated Programme in Management, you should visit the main website.
- In the notifications area, you can see a section that will provide you with a variety of admission notices for the 5-year IPM program.
- You can follow the link at your convenience to acquire further updates.
- Subsequently, you will find an option that will ask you to register yourself.
- Then you will obtain your username and passwords, both of which are supposed to be mailed to you after registering in.
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.
What questions can be expected in an IIM Indore IPM interview?
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.
Why does IPM by IIM Indore have a very high fee structure?
The two parameters that majorly contribute to the high course fee of IIM Indore IPM are as follows.
- Academic Expenditure - Institute/faculty/learning resources/facilities
- Extensive research infrastructure
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.
Is IPM IIM Rohtak worth it?
IIM Rohtak is a very newly established IIM that has yet to make its place in the IIM family. Because of its recent establishment people deem it not worthy of the IIM tag. But in reality, it’s gradually picking up pace and by the time its first batch will graduate (2024), it will have climbed the ladder higher.
People think the IPM program offered by IIM Rohtak is a backdoor for people who want to escape the CAT exam. In reality, most of the students plan to give CAT or GMAT or both at the end of their third year.
Even if one compares Rohtak and Indore, we can clearly see that Rohtak is way ahead of Indore. The first batch placements of Rohtak are better than Indore.
Some consider the lack of connectivity and cost also a reason why Rohtak is not worth it. But let me shed some light on this matter. Rohtak is just 70 km away from Delhi. The International airport is just an hour or two 's drive from the campus. So the connectivity issue is resolved here. As far as the cost is considered, one should not underestimate the 5 years he will be spending at an IIM campus with top-notch facilities and the most learned faculty and brilliant peers. All the investment is worth it. The final decision is yours to make but does remember that IIM Rohtak will have climbed the ladder in just a few years.
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