Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
How hard is it to get a 4 0 GPA aggregate at IPM IIM Indore?
IIM Indore follows quality indices and has a 4.33-pointer grading system. Crossing 4 CGPA would mean you’re among the top 1% of your class which is a pretty huge deal. Now, is it impossible to score 4 or above grades? The simple answer is no which makes sense cause nothing is impossible right?
But you need to realize that it’s a relative grading system so in order to top the class you need to play your cards right. Analyze the professors and don’t compromise on any component be it class participation, quizzes or presentations. Get an A+ atleast in 80% of your subjects and you’re good to go.
How good is IIM Indore for finance from a future perspective?
At IIM Indore 2023 placements, 18% of students got selected in the Finance sector. Even during the 2022 placements, 20% of students landed a job in the Finance domain.
The overall placements for the year 2023 were quite promising and the Highest Package stood at INR 1.14 CPA (domestic). The Average Package stood at INR 30.21 LPA and Median Package stood at INR 27.2 LPA.
IIM Indore does not provide a finance specialization in the PGP program.
However, a good percentage of students get placed in the finance domain. Also, IIM Indore has a 100% placement record for the year 2023 with a 20.8% increase in the average salary.
Thus, IIM Indore is an excellent choice to pursue your PGP. You will surely get placed in the finance sector with a good package if you work hard and remain focused.
Which one should I choose after 12th: IIM Indore IPM or Hansraj College, Delhi University?
IPM is a complex and challenging course. It is an amalgamation of various subjects such as Maths, Economics, Sociology, etc. The workload will be immense. You will have to work hard to keep up with the coursework. But you will learn to look at things from multiple perspectives.
IPM at IIM Indore also has a good placement record. In the placement drive that was conducted in 2021 virtually due to the Covid-19 pandemic, a placement percentage of 100% has been recorded. The average package offered to the students was INR 23.60 LPA which is higher than the package offered in 2020. In addition to these, the average package offered to the top 100 students was INR 33 LPA. The highest domestic salary offered was INR 41.50 LPA and the international salary was INR 56.80 LPA.
DU offers some leniency. You can miss a couple of classes and will be able to self-study. In the case of Hansraj College, the percentage of placement was 70% in their recent placement drive. The highest package recorded was 20.5 LPA and the average package was INR 5.7 LPA. The top companies were Boston Consulting Group, United Airlines, DE Shaw, etc.
If you want a more relaxed college experience, then go for Hansraj College. Otherwise, IPM will be better.
Can one get a seat in IIM Indore without having maths in class 12th?
My elder brother completed his education at IIM Indore. So I think I can answer your question.
IIM Indore provides an IPM (Integrated Program in Management) course after you complete your high school education. It's a five-year program that has proven to be really beneficial. In those five years, you'll have acquired comprehensive management skills. Math is required in this course. So, students coming from a Math background do have an advantage. But there are students with non-mathematical backgrounds too. So, you can definitely have a seat at IIM Indore, even if you didn’t have maths in 12th.
But don't be discouraged, the MBA and PGDM programs do not require math in class 12; all you need to do is pass the CAT exam. You'll need to study hard for that, as it's a competitive and difficult exam. So plan beforehand and give it your all. IIM Indore is an amazing institute, and it is well worth your time to study there.
How much salary do the last 50 MBA students get at final placements at B Schools like IIM Indore, IIFT Delhi, MDI Gurgaon, SIBM Pune, etc.?
Colleges invite companies for placements on the basis of the preference list created by the students themselves. This means that the most preferred companies visit in the initial days while the least preferred companies visit towards the end. This eventually means that the last of the batch gets placed by mediocre companies.
Now here is a fact, sometimes the companies visiting at the end in order to get higher preference and attract maximum students, offer high packages that are at par with the preferred companies.
My uncle was a placement coordinator at IIFT a few years ago and gave me an insight into the placement scenario of such B Schools. Numerically speaking if the median salary of a particular B School is X, then the packages offered to the last 59 students would be around 0.6X-0.7X.
|
College Name |
Median Salary |
Salary expected by last 50 candidates |
|
IIM Indore |
INR 24.09 LPA |
INR 16.8 LPA |
|
IIFT Delhi |
INR 25.6 LPA |
INR 17.9 LPA |
|
MDI Gurgaon |
INR 24 LPA |
INR 16.8 LPA |
|
SIBM Pune |
INR 20.80 LPA |
INR 14.5 LPA |
The approximate salary offered to the last 50 candidates of the B Schools you mentioned is around 15-17 LPA.
Kindly note that these figures are based solely on guesses and anecdotes from my juniors, and are just meant to give an idea of the salary.
What should I join, IIFT Delhi or IIM Indore?
IIFT is one of the best institutes for foreign trade management and it comes under the top 10 B-school of India. While IIM Indore is a top B school and comes under the old IIMs category.
The table shows a brief overview of the institutions.
|
Particulars |
IIFT Delhi |
IIM Indore |
|
Median Salary |
Rs. 18.20 Lakh |
Rs. 22.92 Lakh |
|
Entrance Criteria |
IIFT |
CAT/GMAT |
|
Fees |
Rs. 7.6 Lakh |
Rs. 7.76 Lakh |
Comparison:
- Both IIFT and IIM Indore offer similar average CTC, i.e. 17-18 LPA.
- IIM Indore has a huge batch size. This results in tough competition both during summer internships and placements.
- The decision also depends on your interest and choice of specializations. IIM will offer you Management studies i.e. Marketing, Finance, HR, etc. Whereas, IIFT is good for fashion design.
These two fields are completely different and equally tough to get into. So, go for the field you are interested in. If you are hardworking and think you can get into IIM, go for it. Both of these institutes are reputed but IIM Indore has a better brand value since it is an old IIM.
Is the exit option available to the IPM students in IIM Indore after 3 years?
One of my friends recently graduated from IIM Indore and according to her, there is an exit option after you complete 3-years of the IPM program. On the successful completion of the course, you will receive your B.A degree from the foundation of Management by IIM Indore, if you wish to leave.
There is also an option of a sabbatical for up to 2 years for select students for IPM.
I have been selected for the PGP program of IIM indore, I have one and half months of time now. what could I do/learn to make my life easier at IIM indore?
First of all congratulations on converting IIM Indore. Now there are two things you can do before formally joining the institute.
- Option A - You can start searching for the course curriculum, preparing the subjects you will get in the first year, know about the probable faculties, etc. You can seek help from your seniors, interact with them and start learning as you will get a head start from other students of your batch.
- Option B - You can relax, and enjoy your free time. In the meanwhile, you can make some friends as well among your batch mates or even your seniors.
What I would suggest is option B as after the classes begin, you will hardly get any time to interact with anyone, and life would become hectic. So enjoy the free time you have now.
Is IIM Indore Executive MBA Mumbai campus for working professionals worth the money?
While the IIM tag is a plus, the cost of the Executive MBA program at IIM Indore's Mumbai campus is too high in my opinion. Instead, you should consider alternative options such as the British MBA Degree from Cardiff Met University or the Internationally accredited European MBA Degree from the Swiss School of Management, both offered by Universal Business School in Mumbai on Sundays.
There are several advantages to these alternative programs.
- They are globally accredited MBA degrees, which are recognized worldwide.
- They have top industry faculty, including global CEOs of multi-billion dollar corporations and foreign faculty, which provide a diverse and global perspective.
- They offer European quality assessment and quality assurance, which is a plus.
- These programs are endorsed by 60 CEOs, which suggests their value.
These programs can be completed in 1 year to 15 months, making them super fast, super efficient, and super convenient.
What will I study in Humanities in IPM IIM Indore?
IIM Indore's Integrated Program in Management is a one-of-a-kind program that anyone can opt for, regardless of what you studied in high school. There is no clear differentiation made between the various subjects based on whether they are humanities, commerce, or scientific subjects.
One of my friends is currently enrolled in this program at IIM Indore. As per the knowledge I have gained from her about the program, the following are the subjects that can be considered as Humanities subjects:
- Sociology
- Philosophy
- Psychology
- Political Science
- Law
- Presentation Skills
- Economics
The courses offered should not be viewed as separate subjects, but rather as a single unit with several interconnected sections.
SUBSCRIBE TO OUR NEWS LETTER
