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What is the average salary package after the completion of IPM from IIM Indore? For IPM graduates, were you satisfied with your packages?

YB
Yatika Bansal Posted On : January 23rd, 2024
Studied at IIM Indore

As per the placement report 2023 (for PGP and IPM), the average package for the placement season was 30.21 LPA. The median package was 27.2 LPA. EY, HUL, Google, Hitachi, etc. visited the campus with placement offers.

As far as satisfaction goes, it is not only about the salary package. IIM Indore is a premier business school that offers top-class education and exposure. I know of people who graduated from IIM Indore and got decent-paying jobs. But their main goal is to earn a good certification and ample exposure in corporate. Their ultimate aim is to work on their startups. They want to build sustainable and successful enterprises.

This is my complete take on the placement stats at IIM Indore. I recommend you prefer a holistic approach while selecting your management college.

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Is going for an IIM Indore 5-year plan a good idea?

SJ
Shakti Jain Posted On : August 28th, 2021
Studied at Indian Institute of Management Indore (2019)

Having known some friends who graduated from IIM Indore, I would literally like to suggest you go for this program even if it sounds intense. 

  • It not only gives you deep exposure but also, you get a lot to learn being on the same campus for the subsequent 5 years.
  • This is definitely one of the best choices to make. Even if you belong to the science stream.
  • Almost 80 percent of the students of the first batch of IPM belonged to the science stream.
  • It gives a complete holistic development and serves as a great platform to begin a professional career.
  • The placements of the batch have been really good too.
  • The program was split into 3 years and 2 years with fees of 3 LPA for the first three years and 13 Lacs for the next two years.
  • Most of the faculties are visiting which makes it more apt to join.
  • Overall the course curriculum and facilities are very good. Recently, a huge rise in the number of applicants was also witnessed.
Categories IPM at IIM Indore
Course Fee 26 lakh
Highest CTC 25 LPA
Average CTC 15-18 LPA
Recruiting Companies Wipro, IBM, Cognizant, Infosys, etc.

Don’t be skeptical once you decide to enter into the programme, you shall love it slowly and gradually. Moreover, the real understanding and value among companies providing jobs will make it clearer as time passes by. 

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Is there a form to be filled out before the IIM Indore IPM interview?

AG
Aniket Ghose Posted On : August 28th, 2021
Studied at Indian Institute of Management Indore

I have a few friends from IIM Indore and they received a form to be filled out before the IIM Indore IPM interview. It had some basic questions such as "Why do you want to join IPM?". The questions are very general and it is just there to gauge the opinions and interest of the candidate.

The interviewers usually read the answers and primarily ask the questions based on the answer written by the candidate on the form, thus it is important to fill it carefully. The interviewers just want to know your thoughts and writing skills in general.

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What is the written composition in the process of getting selected in IPM IIM Indore?

DT
Darryl Thomas Posted On : June 26th, 2023
Studied at Indian Institute of Management Indore

The IPM (Integrated Programme in Management) selection process for IIM Indore includes a new component called the Written Aptitude Test (WAT). This component carries a weightage of 15% in the overall selection process.

The WAT tests candidates' English language skills and their ability to communicate. Language proficiency is vital, but it won't decide WAT's success.

It is important to ensure that whatever is written is grammatically correct as basic grammatical errors can harm the overall score. However, the focus should not be on using difficult or fancy English words. Instead, it is better to express oneself in the simplest way possible.

Candidates should avoid beating around the bush if they run out of ideas as this would result in negative points. It is recommended to pause and relate to the topic as this would help to develop better ideas to support the point of view.

Lastly, it is important to stick to the word limit provided for the WAT. The candidate should ensure that they do not exceed the word limit as this could lead to negative marking.

WAT component of the IPM selection process is designed to evaluate the candidate's ability to communicate effectively and not just their proficiency in the English language. Candidates should focus on expressing themselves in a clear and concise manner, avoiding basic grammatical errors, and sticking to the word limit provided.

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Which particular book should I buy to practice only maths for IIM Indore IPM?

US
Utkarsh Sen Posted On : September 3rd, 2021
Studied at Indian Institute of Management Indore (2017)

Maths is comparatively tougher than the other two in the IPM aptitude test. So it is important that you prepare for it very thoroughly. The following are some books that are recommended.

Arun Sharma for CAT is an excellent book for practicing math skills. Just remember to quit when it becomes too much, otherwise, you'll end up squandering your time on just one subject. 

Do not attempt any of the higher-level questions in it. But remember this book does not serve as a bible or anything and you’ll have to work very hard to crack this particular exam.

Besides, there is another book named “Word Power Made Easy” which is an excellent English textbook that is also enjoyable to read.

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How is the IPM program of IIM Indore? Should I take admission in IPM?

AM
Anumita Mukharjee Posted On : May 8th, 2023
Studies at Indian Institute of Management Indore

IPM program is a really good option for students after school. If you convert it, you should then definitely join IIM Indore. The IPM program's goodness is explained in the following points.

  • IPM has a diverse and vast curriculum. You'll get to learn things that will not only help you in school but also make you a better person. Maths, statistics, and economics are the most important topics, and they are taught in depth every term. Aside from that, it offers classes in everything from computer languages to performing arts and foreign languages as electives.
  • It lets you study at an IIM right after you finish 12th grade. No matter how much people say that your talent and passion are more important than the college you went to, an IIM tag is still.
  • Even though the course is hard academically, there are a lot of extracurricular and co-curricular things to try. The only undergrad party that any IIM puts on is run by IPM students"Atharv". The IPM group also puts on a sports festival once a year. Aside from that, we have regular debates, quizzes, writing competitions, and fun events that make sure we don't miss out on the best parts of college life.
  • When it comes to sports, IPMers have been very busy. There are a lot of events for both boys and girls that happen often. The school has great sports facilities, such as a swimming pool the size of an Olympic pool, well-kept tennis, badminton, basketball, and cricket stadiums, to name a few.
  • After the first three years, the IPM Batch and the new PGP Batch are put together. After that, all of the classes and placements are taken care of by a group. So, you get to go into the business and compete with people who went to IITs and NITs.
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I got selected for admission in the IPM programme by the IIM Indore. How is the programme beneficial for us, as compared to the CAT students?

FR
Falguni Roy Posted On : August 28th, 2021
Studied at the Indian Institute of Management Indore

In the last two years of IPM students get the same opportunity as compared to the CAT students.

IPM encompasses a range of subjects spanning the disciplines of Science, Humanities, and Commerce. It's a hand-picked mix of some of the most useful subjects in these disciplines which will ultimately shape you into being a good manager.

The course also includes subjects on physical training and mental agility. It is a well-rounded course with a lot of depth vis-a-vis a routine MBA.

As far as the placements are concerned, many top-notch companies don’t allow IPM students to apply. Most of the IPM students join start-ups.

In the coming years, companies will be more inclusive during placements. This can be validated by comparing the placement of IPM students in successive years.

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How should one prepare for the IIM Indore IPM interview?

VJ
Veer Jain Posted On : June 28th, 2023
Studied at Integrated Programme in Management, IIM Indore (2019)

Preparing for the IIM Indore IPM interview requires some important considerations. The interview generally includes three types of questions - general knowledge questions, questions related to academics, and questions based on a candidate's interest. It is recommended that candidates keep themselves updated with current affairs, and have a good understanding of their past academic achievements.

The duration of the interview ranges from 20-35 minutes, and the evaluation criteria generally include a candidate's ability to communicate fluently, ability to make logical arguments, confidence, and overall attitude. Therefore, candidates should practice their communication skills and work on developing a positive attitude.

It is also important for candidates to be aware of the rationale behind pursuing the course and be determined about their goals. They should be prepared to discuss why they chose the IPM course and how it aligns with their career goals.

Apart from the above, candidates should also research the institute and the course to be able to answer questions about it. It is also advisable to practice mock interviews to gain confidence and prepare oneself for unexpected questions.

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Are New IIMs (Trichy, Udaipur, Ranchi, Rohtak, Raipur, Kashipur) good for MBA in Finance? If not suggest some B-schools. Really interested in investment banking.

SB
Shrey Banka Posted On : January 10th, 2023
BMS from Shaheed Sukhdev College of Business Studies (Graduated 2022)

Honestly speaking, a career in investment banking should not be considered by the new IIMs. It’s a too ambitious profile to match the relatively new curriculum of these IIMs. Even if you are in a top B School, you will have to remain among the top students to get placed for a front-end role. One can still get roles in corporate & business finance but getting roles in Investment Banking is rather difficult.

Yet if you are not choosing an older IIM and want to choose a newer one, IIM Trichy is the best among them. The order is

IIM Trichy > IIM Udaipur > IIM Ranchi

There are many B Schools apart from IIMs that offer great Investment Banking roles. These include SPJIMR, JBIMS Mumbai, IIFT, and XLRI.

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What is the average salary of an IPM student at IIM Indore?

AM
Anisha Mukhija Posted On : January 5th, 2023
MBA in General Management & Data Science, Indian Institute of Management Indore (Graduated 2021)

The placement statistics of IPM students at IIM Indore students are as follows


 

Particulars 

Placement Statistics

Highest CTC

INR 49 LPA

Average CTC 

INR 25.1 LPA

Median CTC

INR 24.09 LPA

Total Companies 

200+

Total Number of Students 

572

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