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Which course is the closest alternative to IPM IIM Indore?

SS
Shreya Seth Posted On : August 20th, 2021
Studies Post Graduate Programme (PGP) at IIM Indore (2021)

The IPM program at IIM Indore primarily focuses on students who complete their higher secondary. The program is similar to pursuing a 3 year BBA course, or graduating in Economics and moving on to MBA.

Here are some points you might want to take into account before deciding on IPM.

  • Following the completion of your BBA degree from one of the top 10 institutes, you might want to choose to go for an MBA via CAT, XAT, XAT, GMAT, or others. In graduation, you will definitely have an edge over the students of IPM. But having the IIM tag definitely offers some advantages.
  • However, if you become eligible to enroll at one of the major top 10 B-schools in India following the completion of BBA, then you will have an upper hand nonetheless. In this case, you will not regret the decision of not pursuing IPM.
  • One of the most essential topics to discuss is the fee structure. IPM, by far, costs students over 30 Lakhs.

However, if you still go on to choose IIM, then the brand value it offers, can undeniably be beneficial over several other engineering students because of the diversity rule of IIMs. So, for the IPM program, if you are getting it. Otherwise, you can choose to do an MBA after your graduation too.

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Which school should I choose for consulting/operation - IIM Indore or Management Development Institute, Gurgaon?

JS
Jotpreet Singh Posted On : January 3rd, 2023
Masters from Miranda House, University of Delhi

My sister was in a similar situation and could not reach a decision. But in the end, she went for MDI. She does not regret her decision at all as she says MDI is one of the best B Schools in India. Some points that support her opinion are

  • MDI is recognized by the Eduniversal rankings as a 5 palms institute. This included other top B Schools like IIM ABC and a few others.
  • The MDI faculty is at par with that of any top IIM. The faculty strength is around 80 permanent renowned faculty. The faculty is extremely experienced and well-known in the industry. 
  • MDI has its own mutual fund which is unique in the whole country. One of the most reputed investors is Sanjay Bakshi.
  • Corporate talk series is conducted to host guest lectures led by eminent people like the CEO of Deloitte US.
  • The students at MDI enjoy a fun-filled campus life. The ambiance is rather fresh and clean with trees and red bricks.
  • The exchange program is also top-notch with partnerships with some of the top universities across the globe.
  • The placement opportunities are also much broader and versatile here. Many companies that only visit IIM A B C, visit the campus of MDI as well.

Particulars 

MDI

IIM Indore

Highest CTC

INR 1.14 CPA

INR 49 LPA

Average CTC

INR 26.65 LPA

INR 25.01 LPA

Major Domains

Consulting

Consulting & Finance

Consulting

MDI has largely improved in the consulting domain over the past few years. The most reputed recruiters of the consulting sector visit the campus and offer the best profiles. Some of them include 

  • AccentureStrategy
  • Aditya Birla Group
  • Boston Consulting Group
  • Deloitte India
  • Deloitte USI
  • McKinsey & Company
  • PwC US Advisory
  • Hinduja Group
  • RelianceIndustries Limited

The highest CTC in the consulting domain at MDI stood at INR 38.30 LPA with 171 offers. So if you are ready to give up the IIM tag for a lifetime, then MDI is the best option.

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How's your life at IIM Indore? Is it worth joining the institute for IPM?

VJ
Veer Jain Posted On : August 25th, 2021
Studied at Integrated Programme in Management, IIM Indore (2019)

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.

  • You will have some very interesting subjects from the trinity of mathematics, social science, and performing arts. It will equip you with really dynamic skills and significant learning.
  • You will meet some of the best minds from diverse backgrounds in this course. 
  • There are over 15000 applications for 120 seats. Thus, you can assume the quality of peer and peer learning.
  • The campus has two well-equipped gyms, an Olympic-size pool, a Finance resource centre, an Entrepreneurial incubation cell, and an Onus cashless card payment system. 
  • Also, there are regular shuttle bus services for going into the city.
  • The daily schedule of the students is usually packed with classes in the morning and maybe a few more in the afternoon. 
  • After that, there is a complete makeover, students run to juice centers, along with the Chai shops, special Indori Poha at Poha point, HUL's Adda, and many other eating points. 

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.

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Is it possible for IIT JEE aspirant crack IPM (IIM Indore) entrance test?

SM
Saurav Mishra Posted On : August 25th, 2021
IPM at IIM Indore (2019)

It is possible if you are ambitious enough and you are willing to work hard. But both are really very different tests; one focuses on science and advanced mathematics while the other focuses on quantitative and verbal proficiency. There are some benefits for an IIT JEE aspirant to crack the IPM test which is listed below. 

  • As both are MCQ-based exams, you will have a practice of the same.
  • Some subjects of mathematics such as probability, logic, and algebra are common to both the exams and thus may help you.
  • Both are high-pressure exams. Thus giving IIT JEE will make you acclimatize with this high-pressure environment and make your time management and other strategies better.

Other than that, you will have to study for both the exams separately and will have to work extra hard to ace both the exams.

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Which is better, DU or IIM Indore?

AS
Akriti Sinha Posted On : July 15th, 2022
Business Development & Time (philosophy), University of Delhi

If you are considering doing an undergraduate degree at DU or IIM Indore IPM course, then choosing DU will be better. DU courses are affordable. You will have options to explore after graduation. Delhi is definitely a better location compared to Indore. You can prepare for IIM A, B, and C after your graduation. DU and IIM ABC will offer you better placement opportunities.

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How do I start preparing for IPM IIM Indore, effectively?

RP
Radhika Patel Posted On : August 28th, 2021
Studies MBA (Finance) at IIM Ahmedabad

The first thing you should focus upon is brushing up your grammatical skills, alongside your vocabulary. You should understand the fundamental topics of the 10+2 mathematics section, including basic functions and probability. 

Most of the quantitative ability questions, while being essentially hard to solve, are of the level of class 9 and 10. However, there are times when certain questions can be trickier than others, even if you are good at Maths. 

Practice improving your calculation speed since the time allotted is crucially low. The time allotted is 75 minutes with 45 minutes reserved only for the quantitative section. 

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Why should I choose IIMK over IIMI?

MN
Mudit Nawani Posted On : January 5th, 2023
Studied at Indian Institute of Management Indore (Graduated 2021)

My brother was confused about the same. He later decided to go for IIM Kozhikode. Some reasons that helped him take this decision are

  • Smaller Batch-size: IIM Kozhikode has a smaller batch size (475 students) in comparison to IIM Indore (572 students). The reason for it being the IPM program merging with the PGP Program. The placements are affected and the larger the batch size the fewer opportunities you will get.
  • Lower fees: The fees of IIM Kozhikode are a bit lower ( INR 20,50,000) than IIM Indore (INR 21,14,222). So with almost the same curriculum and opportunities a lower fee is better.
  • Location: Kerala is God's own country. You will not regret stepping into the serene campus of IIM Kozhikode. Moreover, you can explore Southern India which is filled with natural beauty.
  • New culture: The culture of South India is very different from that of Central and Northern India. So you get to learn new things and traditions.

Apart from these differences, both IIM Kozhikode and IIM Indore are similar with respect to their status, faculty experience, Alumni network, equality and diversity of students, and foreign exchange opportunities.

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Is the batch size at IIM Indore a cause of concern for prospective students?

AS
Ankit Sharma Posted On : August 28th, 2021
Studied at Indian Institute of Management Indore (2020)

One of my friends recently graduated from IIM Indore and according to him, if you are decent in your studies and among the top 70% of your batch, then there would not be any issue regarding the Batch size. Top 70% means you will have to be among the first 70% of students who got placed. Beyond that range, there would be little difficulty.

Bigger batch size has its own advantages and disadvantages. There might be more of a disadvantage while you are in the institute. But these things work out once the college gets over and you will definitely get a larger support base for your career from your peers. 

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Is IPM - IIM Indore worth trying?

IB
Indrani Banerjee Posted On : August 28th, 2021
Studied at Indian Institute of Management Indore

One of my friends graduated from IIM Indore and according to him, it's worth trying as it provides an opportunity to get admission to IIM Indore, one of India’s top educational institutes.

  • The placement of IPM is also similar to PGP candidates so you don't have to worry about the placement. In the 2021 placement, the average and highest CTC offered were 23 LPA and 56 LPA. 
  • You will also get the opportunity to study from some of the best professors in the country.
  • The admission test for IPM is not that hard. If you go through last year’s question paper, you will find basic questions from the syllabus of 10+2. While CAT is a lot more competitive. 

IPM from IIM Indore is a decent program with good faculty and placement opportunities, so you should opt for it, given the option. 

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How many times can I write IPMAT (iim indore)?

SB
Soumi Bose Posted On : August 27th, 2021
Studied at Indian Institute of Management Indore (2019)

You should first meet the age limit criteria before you can give the IPMAT. Here are some of the regulations that the college has laid down for the same:

  • You should be born on or after 1st August 2001 if you are from the general and OBC categories. 
  • If you are from SC, ST, or PwD category, you will probably get a 5-year relaxation, i.e. 1996 as your birth year.
  • You need to pass your 12th grade with the minimum percentage set for that year. 
  • You can take the exam as many times as you like, as long as you meet the percentage and age limit criteria.
  • Most students give the IPMAT right after their 12th grade. Some even decide to give it in the 1st year of their undergraduate degree or in the 2nd year as well. 

If you happen to crack the exam in any of these attempts, you can join the college if you like. But, in case you are not able to crack the exam in your attempts, there is a silver lining. You can consider it as your prep for any of the MBA entrance exams.

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