Course Duration
5 YearsTotal Fees
38.31 LakhsTotal Fees | ₹ 38.31 Lakhs |
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 |
Highest Placement | ₹ 1.1 Crore |
Average Placement | ₹ 30.2 Lakhs |
Top Companies |
Event | Date |
---|
Average CTC for top 10 percentile | INR 25.25 LPA |
Average CTC for top 25 percentile | INR 23.25 LPA |
Highest CTC | INR 30 LPA |
GAIL, Crompton Greaves, and Allcargo Logistics were among the notable recruiters for the batch.
The best way to answer the ‘Why IPM’ question in the IIM Indore interview is to state your future career plans and explain how IPM is the perfect program for achieving those goals. The interviewer wants to know what made you choose the program. So, you need to provide a couple of valid reasons why IPM aligns with your goals. For example, you can say, the course curriculum of IPM is updated according to the current industry practices. So, it will be easier for you to pick up the skills and knowledge required to have a successful career in the industry.
Having a clear idea about your future goals will help you formulate an authentic answer to this question. Also, read about the IPM program. Read about its course structure, mission, vision of the course, etc.
The future scope of Post Graduate Certificate Programme in Finance at IIM Indore is good. This course is great for knowledge up-gradation. Most working professionals have received an increment or promotion or both after completing this course.
If you are a working professional with more than four years of experience in the industry and looking for managerial-level posts, then you can benefit a lot from this course.
The batch profile is usually a mix of Banker, CA, CS, BFSI professionals, Engineers, etc. You will learn through virtual live platforms. Classes are scheduled on weekends.
All three of these courses are 1-year programs on Management for professionals with good industry experience.
PGPMX IIM Indore course curriculum is up-to-date with subjects such as social media marketing and organizational perspectives. The curriculum is designed by keeping in mind that the students have at least 5 years of experience in the industry. This course includes preparatory Harvard Business School courses, to make sure that everyone is up to speed with the rigor of the program. The class profile is diverse, so you will get amazing peer-to-peer learning opportunities.
If you have a few years of work experience, this course will help you strengthen your foundation. It will offer good career enhancement opportunities as well.
According to the IIM Indore admission trends, OBC students need to have a percentile of around 80 or above to get admission. Here is the overall CAT 2021 cutoff for IIM Indore.
Category | Cutoff |
General | 90 |
NC-OBC | 80 |
SC | 60 |
ST | 50 |
PWD | 50 |
Naturally, the cutoff trend is unpredictable. So, try to score as much as p[ossible to be on the safe side.
For GEM, the CAT percentiles required to get an interview call from IIM Blackis, FMS, SP Jain, JBIMS, and MDI Gurgaon are
It’s important to know that these figures are based on trends and not on actual data so you will find exceptions everywhere. Moreover, it’s better you don’t waste time analyzing the CAT cutoff and start preparing for the same.
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.
My friend has graduated from IIM Indore and would describe the fests as massive events of celebration. The institute organizes a lot of literary and cultural events but the two main events in the year are as follows:
Atharv:
Another important fest is titled Ranbhoomi. It is the Annual National Level Sports Festival. This one is held for three days as well and the events range from Cricket, Basketball, Volleyball, Football, and even Chess and Arm-Wrestling.
Yes. It is absolutely worth joining IIM Indore for the IPM Program. Though, you need to clear the IPMAT and the interviews. One of my friends had completed the IPM program at IIM Indore and here are some facts that may be useful to you.
In the evening, things are a bit relaxed as people pursue their interests, sports or hang out with their friends. Things might be hectic on some days, but it will not be boring at IIM Indore.
Many of my friends graduated from IIM Indore and here is some information about the different fields in the institute.
Strategy
Marketing and Finance
Here are the placement statistics for the year 2021.
Highest International CTC | INR 56.8 LPA |
Highest Domestic CTC | INR 41.5 LPA |
Average CTC | INR 23.6 LPA |
Major domains | Finance and Sales & Marketing |
Top recruiters | PwC, Deloitte, Optum, BCG, Amazon, Cipla, MX Player, ACT Fibernet, Paytm, Microsoft |
Lastly, one can say that the candidate will be getting the best faculty to teach them in the institute. It is up to the decision of the aspiring candidate about their choice of domain. The trend of placement varies every year. It is important to choose the field of study as the interest of the candidate.