IIMs are known for their top-quality management education and are premium institutes for the same. In addition to their flagship courses, the One Year MBA from IIMs for working professionals is offered as a Full Time Residential MBA Program for Executives. This program is much coveted among working professionals with work experience of 3 to 7 years. The program has similar USPs of two year MBA program except that it is more rigorous. Because of its dynamic nature, the placement opportunities offered to one-year MBA students are even better.
Here is a one-to-one analysis of each program.
IIM Ahmedabad PGPX:
The Post Graduate Programme in Management for Executives (PGPX) is one of the finest one-year, full-time, residential programs in the world. Its best-suited for bright, enthusiastic, and aspirational executives with professional experience. This program attracts top talents from diverse industries, cultures, and geographies.
IIM Bangalore EPGP:
IIM Bangalore offers an intensive one-year residential MBA programme created specifically for professionals with remarkable track records and 5 to 12 years of work experience in a wide range of industries.
IIM Calcutta MBA-Ex:
IIM Calcutta's MBA for Executives Programme (MBA Ex) is One Year Full-Time Residential MBA Programme that provides mid-career professionals the ideal platform to augment their existing skill sets and paves the way for senior and top management roles in the industry. MBA Ex at IIM Calcutta, since its inception in 2006, has spawned alumni who have demonstrated excellence in the leadership positions that they have occupied in their organizations.
IIM Indore EPGP:
IIM Indore EPGP is a reputed one-year MBA is specially designed to enhance knowledge, AMBA skills and capabilities essential for managing and leading organizations and the program combines skill building with an exploration of good management practices.
IIM Lucknow IPMX:
IIM Lucknow offers International Programme in Management for Executives (IPMX) at its NOIDA Campus to prepare working professionals for the top roles in business organizations.
All in all, each of the one-year MBAs offered by IIMs has a single purpose; to enable working professionals to climb the corporate ladder and receive better packages.
The infrastructure of IIM Indore is pretty good. The institute has good classrooms and a big auditorium. There is also a library for the students.
Apart from these, IIM Indore also has a full-size swimming pool, courts for tennis and badminton. There is also a playing area for football and also a gym for the students.
There are mass facilities available 24/7. There are also shops inside the campus from where you can buy whatever you require.
The IPM program first started in IIM Indore. The program is creative and unique and is meant for young students who aspire to be managers and leaders.
You will find more information on the IPM program on the official website of the institute.
The integrated Programme in Management started in the year 2011. This course has 15 terms in total with 3 terms each year. The minimum eligibility for the program is a degree in HSC from a recognized board.
Students who are currently studying in 12th std. are eligible for filling out the application form that is available online. The application form usually releases in May. IPMAT would take place on June 16, 2023. The course might require you to take classes for preparation if you don’t have a good grasp of maths and reasoning. But other than high school certification you are only required to take the IPMAT exam.
No, I won't suggest doing it under any circumstances. A loan from a government bank is also quite simple to obtain for you. You shouldn't let financial constraints prevent you from going with the finest alternative. If you manage to get into IPM IIM Indore, you will be assisted in a variety of ways.
Management courses at IIM Indore are taught throughout semesters. In each semester you will have subjects taught via case studies or group presentations or role-plays. It can be difficult if you are not good at communication.
But there are elements that provide fun as well that will help you try to improve your personality, and your communication skills get better, that's when your confidence will improve. To be honest, there's no other degree that can make such a huge impact on your life more than an MBA degree.
Be mindful of the curriculum because it may seem intimidating but is not as tough as it seems, what makes it difficult is the deadlines for assignments, but once you cross this hurdle you'll be in a world full of opportunities and growth.
IIM Indore conducts an entrance exam called IPMAT (IPM Aptitude Test) for inducting students in its 5-year Integrated Program in Management (IPM) course, the form for which is usually released in the month of May each year.
The test has three sections, i.e. Quantitative Ability (MCQ), Quantitative Ability (Short Answer), and Verbal Ability (VA). So naturally Mathematics and English are the two subjects you should focus on to ace the exam. In mathematics topics such as probability, trigonometry, mensuration topics such as area, volume and perimeter should be your top priority. A good grip on class 10 mathematics will definitely help you.
In English, you need to be proficient in the language. Grammar, reading comprehension through paragraphs, and punctuations are some of the most important topics to cover in the language section. I hope if you practice enough, you can easily cross the cutoff of the test.
The integrated MBA program at IIM Indore or as the name goes, the IPM program would be the best option to go for if you are not interested in the technological field or any other field and you want to start your own business or get placed at a good company in the field of management.
If some other field of study interests you then I would suggest you go for the same and not for the IPM program and regret it later.
As far as the placements are concerned, even though I do not know much about it, I am pretty sure you will get placed with a good company and IIM Indore is a reputed B-school.
You will have a plethora of combinations to choose from. Let me tell you about some of your options:
So you can pick and choose between a lot of options and see what meets your interest and choose a career path accordingly.
If you want to qualify for pursuing IPM at IIM Indore you will need to complete your class 12 board exams. After you have completed your board exams, you can begin preparing for the IPM entrance exams also known as IPMAT.
The IPMAT is not a difficult exam and if you are diligent in your preparation then you will be able to get through. The students have to perform questions pertaining to logical ability, English grammar, and vocabulary followed by Quant, or mathematics.
If your foundation in maths is strong then you will have a major advantage.
Once you have cleared the exams, you will be called up for the personal interview round. For clearing the written test in IPMAT, you will have to clear the sectional cutoff is Quantitative Aptitude (MCQs and SA) followed by verbal ability.