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Which is better, a 5-year IPM through IIM Indore or a B.Tech through IIT?
A few of my friends graduated from IIM Indore and having read online reviews of the alumni from other IITs here are some things I got to know.
- First, you need to check on your strengths, Aptitude or Science because both are different roads.
- Competition in IPM is - about 12k candidates appearing for the exams, 1200 are shortlisted, and 120 are selected for the course.
- If you once choose IPM you won't be able to get into the technical part but after your B.Tech, you still have a chance to go for IIMs.
- It depends on your priority to choose the career path.
- Most of the students go with B.Tech through IIT and then MBA from the IIMs.
- IIT+IIM is the perfect combo for the industry.
- IPM is still a new course. The IITs enjoy a legacy that is yet to be built by the IPM.
- The exposure would be more in IITs.
The only benefit in IPM is that your career path would be set. However, for better placement opportunities going with IIT+IIM would be great. Also the placement team and the process are different for both the courses. Overall both IIT and IPM are best in their field. So make a wise choice and play within your strengths.
Is math compulsory for IPM IIM Indore?
No, maths is not a compulsory subject to be a part of the IPM program. You are eligible to apply for the IPM program even if you are from a non-math background.
But the program includes multiple maths and statistics courses in the first 3 years that require a good hold of class 11th and 12th grades’ maths.
In the introductory two terms, Differential and Integral calculus is taught by maths faculty, so it should not be difficult. However, if you are not from a Maths background, then you may have a tough time coping with the multiple subjects. Maths and Statistics courses have a high weightage in the first two years and if not handled well, can pull down your overall grade.
But I know a lot of people from IIM Indore with a non-math background, doing well in academics. If you work hard you can have good academic records too, even if you don’t like Maths.
What are the chances of getting into IIM Indore IPM if my OBC rank is 61?
One of my friends opted for both Indore and Rohtak. He only got into the waiting list for Rohtak through the EWS Category Rank 80. It is actually a bit hard to get admission at IIM Indore.
According to a trend, which emerged from IIT and NIT, students are dropping out of their colleges to enroll in Indore because of its tremendous growth in the past few years. This has provided immense opportunities to students related to internships and work.
If you are an IIT/NIT aspirant and still confused whether you should choose Management from Indore or Engineering from IIT in sync with your interest in finance, entrepreneurship or consultation then you must go for Indore. It will also develop your business too.
During the 2nd merit list in 2020, students from NC/OBC category up to the merit rank of 47 got an admission offer. So, if we analyze from that, then you'd have a better chance after the result announcement of JEE Advanced.
Should I do IPM from IIM Rohtak?
Yes, you can take an IPM course at IIM Rohtak. There are several reasons for this, including:
- The course choices are delicately varied.
- Several webinars featuring eminent people such as the minister of sports and youth development, the minister of petroleum and natural gas, the minister of state for external affairs, and others are held on a regular basis.
- The quality of a college is determined by the quality of its students. You can see people from various backgrounds, from various locations, doing various things in life. Some freelance, others are almost professional stock traders, and so on. These people encourage you to explore yourself and your potential.
- Rohtak is in the National Capital Region. As a result, expect a lot of companies to come into contact on campus for recruitment.
- For the 2022 placement, the highest and average salary packages are INR 30 LPA and 15.92, respectively.
IIM Rohtak and Indore IPM students have formed a community to help aspirants get into the IIMs of their dreams. They have a YouTube channel and a Telegram channel where they share free academic content, daily quizzes, news updates, vocabulary boosts, and more.
What was the highest package at IIM Indore IPM?
IIM Indore has published a combined report for its PGP and IPM courses, for its 2023 placements. As per the report, the highest package was 1.14 CPA, with 132.6 % increase. The average CTC was 30.21 LPA, and the median CTC was 27.2 LPA. Companies like EY, Google, Accenture, Hitachi, HUL, MAQ Software, etc. visited the campus with job offers.
Is it better to go for the IPM program offered by IIM Indore or do a bachelor's degree and go abroad?
First of all, it depends on the college you enroll in (for undergraduate study in India) and the subjects you are interested in. Choose IPM if the undergrad institution you are considering is not on par with it. If not, you might still think about that as a possibility.
Additionally, it depends on individual preference, financial situation, family, etc. Moving abroad is a major decision, and not everyone is emotionally or mentally prepared for it. Therefore, it is a very individual choice.
Most importantly, after completing the first three years at IPM, you are free to transfer to another college abroad. People have done this in the past and been accepted to institutions like HEC, and Paris. If you take this route, you will have the security of completing an MBA at IIM-Indore in case you are not accepted to your dream college abroad; however, if you are, you may leave IPM. It benefits both parties.
Additionally, three years is a long time, and if you decide to travel abroad, your preferences may change. In that case, IPM is still a better choice. As a result, we strongly advise choosing this option.
How is the IPM course offered by IIM Indore? After completion of 5 years, do we get a diploma or a degree from IIM?
With the implementation of the IIM Act, students of the five-year Integrated Program in Management (IPM) would, like their PGP counterparts, begin receiving degrees rather than diplomas in 2018.
In contrast to their peers in colleges, IPM graduates could not enroll in higher education programs. It was for this reason that many students chose not to apply for the course.
Authorities at IIM Indore were troubled by the fact that IPM was a diploma program. Concerned, IIM Indore administrators permitted IPM course participants to pursue degree programs concurrently via distance learning. However, this action also did not put an end to the worries related to the IPM course.
Is there anyone in IPM IIM Indore batch with less than 90 percentage in class 10th and 12th?
Yes, there are people who scored below 90% aiming to get into IIM Indore. Here are some things to keep in mind if you're in this situation:
- To get into IIM Indore, you need to qualify for the entrance test with high scores since the paper deals with sectional cut-offs.
- After qualifying, you need to excel in the interview, where you will compete with people who scored over 90% - 95%.
- Being exceptional in your subject matter knowledge is key to performing well in the interview.
It's difficult but not impossible to get into IIM Indore with scores below 90%. Attitude and aptitude both matter.
Is economics honors a better option or IPM offered at IIM Indore?
Firstly Economics Honours required an in-depth study of Economics whereas the IPM program focuses on the many areas of Management. There is a drastic difference between the nature of both courses. No doubt Economics knowledge is beneficial for the IPM program but is not necessarily important. In IPM, Economics is just a 4 credit course in a term of about 30 credits.
IPM hugely emphasizes Quants over Economics. So if you are more interested in Economics, then IPM is not for you. Your choice should be a good college from DU North Campus. If you manage to get into one then pursuing Economic Honors is a much-preferred option over IPM. Don’t choose a below-average college for Economic Honors. In that case, go for IPM only.
How do I prepare for IIM, Indore IPM on my drop year?
It is preferable if you enroll in any educational coaching institution because you are taking a drop year, especially for IPM preparation. This is because for IPM, students have to give a PI and an Aptitude Test.
- The classes would be well-versed in giving CAT and IPMAT foundation courses which can be considered an additional benefit.
- Also, you will not be familiar with the format of IPMAT unless you attempt a mock test before the final exam.
- IPMAT is online, there won't be any previous year question bank, therefore the mock tests will offer you an advantage and also assist you for the PI round involved in the selection process.
- For the Quantitative aptitude section, I would suggest that you refer to NCERT questions (Classes 11th and 12th) and several competitive examinations questions..
- For the verbal aptitude test, You should focus on improving your basic grammar, reading books, and improving your vocabulary.
Lastly, as I have seen my friends prepare and do well in exams, I will encourage you to do the same. Be confident while giving your answers and attend the PI with complete honesty.
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