If your main goal is to study economics, maths and statistics then opting for IPM at IIM Indore would be a very good idea. However, the fee structure is very high. INR 4,00,000 per annum for domestic students and for international students, it is INR 6,00,000.
You will also have to study subjects which you will necessarily not like such as sociology, psychology, etc.
Another drawback is that there is no degree for IPM. You will only get a certificate from IGNOU.
In the case of NIT Allahabad, it is a reputed institute for engineering. You will be able to study subjects that meet your interests. The fees are also very less. In the placement drive of 2020, the highest package offered to the students was INR 49 LPA. Some of the top recruiters were IBM, Adobe, Accenture, Tata Steel, Capgemini, etc. The average package was INR 10.28 LPA.
CAT is the first stage entrance exam for all IIMs and many non-IIM colleges. Following the CAT results, you will be shortlisted for the second round based on a few parameters. These parameters include:
In the second round, any of the following skills will be tested using a combination of Personal Interview-
Different IIMs select different skills to assess, and this varies from institute to institute. After passing the second round, you will be offered admission based on your overall performance in the first and second rounds, as well as the availability of seats in a specific IIM.
According to my friends at IIM Indore, the institute does accept improvement marks. The minimum eligibility to get admission is 60% for the general category in the 10th and 12th standards.
You are required to score extremely well in the ATS, which is the aptitude exam. You have to score a minimum of around 50%. Other than that, you also have to perform well in the Personal Interview session, alongside the Written Assessment. Your admission will depend upon these three factors.
Except that, the marks you achieved in your 10th and 12th standard are usually used only for the eligibility check, that is, 60%. The age limit is 20 years, for the general category.
The PG programs in IIM Indore usually consider admissions through the CAT exam. However, in case you are referring to the IPM AT for the 5-year integrated program, then it cannot be compared to CAT, since they are completely different from each other. IPM AT is for UG students while CAT is for PG courses.
Having said that, the basic preparation steps for any entrance exam need basic steps of preparation.
These are the basic steps to look forward to when preparing for the exam.
Courses like IPM and PGP-HRM are bold, outstanding, and pathbreaking. It took great hard work for the decision-makers to start these courses. However, the amount of success for these completely depends upon the intention.
The real question would be, “Why IPM? Why Mumbai Campus? And why opting for HRM course?”. If the answer to all of these questions is “Money” then whether IIM Indore is doing right or not will depend on the number of admissions, fees, and the ROI.
If the answer to your question is “for a good career”, then the success completely depends upon the faculty, facilities, and placements. Even if the intentions are considered to be good, most government bodies do not take the lead and act from the front.
It is very confusing to say if the students are too ignorant to believe what they see or if the institutions are providing incorrect information
The most important factor to get into any IIM for your PGP is to score well in CAT (Common Aptitude Test).
Upon successfully clearing your CAT, you’ll get a call from the IIMs for the next step, which is a Written Ability Test (WAT) and/or GD and/or PI. Your performance in these will ultimately determine your fate. Apart from your CAT score, your past academic performance plays a major role in getting you a call from any IIM. This includes your 10th, 12th and graduation scores. Each IIM has a different weightage for every factor.
Make sure to perform well in your CAT exam, and ace your GD and PI rounds to increase your chances of selection into IIM Indore.
As one of my friends who studied at IIM Indore, I might be able to help you answer your question. Go through the following points and see if you get a clear understanding.
After you have acquired the login details, you will have to go to the respective website and fill up the already accessible application form. Then pay the examination fee of about INR 1400 via online monetary methods of payment.
The 2013-18 group received a dual degree with a BA Foundations in Management and an MBA last year, and the later batches are anticipated to receive the same. The degrees conferred are in accordance with UGC guidelines.
However, The degree conferred for the UG component is BA (Foundations of Management) in compliance with UGC standards, and the degree given for the PG component is MBA (under dual degree program).IIM Indore offers an Integrated Program in Management (IPM) which is a 5-year management program. The detailed procedure for admission to the course is given below.
This is the complete procedure of admission to the IPM course at IIM Indore.
The final placement season of 2022 saw opportunities offered in a variety of industries. Banking, Financial Services & Insurance (BFSI), Consulting, Consumer Products & Retail (CPR), and Technology, Media & Telecommunications (TMT) hired the most students. Automotive, Chemicals, Energy, Healthcare, Hospitality, Infrastructure, Logistics & Supply Chain, Manufacturing, Mobility, Pharmaceuticals, Steel, and Wine & Spirits were also heavily represented.
Domain-specific placements:
The total number of recruiters was 200+ recruiters with 30+ new recruiters. IIM Indore's highest package offered was INR 49 LPA whereas the average package offered was INR 25.01 LPA (6% increase in Average CTC), and the median package offered was INR 24.09 LPA (6.6% increase in Median CTC).