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Do banks give loan to IPM students of IIM Indore?
Yes, banks like the State Bank of India and Canara Bank do offer loans. Due to the fact that these loans are primarily for education, you only have to pay interest at a floating rate for the duration of the course. Several other private banks also offer student loans.
After the course is over, you begin making principal payments. Also, there is a 6-month restriction on student loan payments. This means that until you complete the course plus six months after the course, neither you nor your parents or guardians are required to make payments on the loan. After the moratorium period, you must begin making monthly loan payments or risk losing your home.
What is the daily routine of an IIM Indore IPM student?
There is no fixed routine for an IPM student at IIM Indore. It will vary from person to person. Mostly you will have 4 classes in a day on average starting from 10:15 AM and going on till 4:15 PM.
Some days you may have no class and someday you may have 6 classes. But 4 classes in a day is pretty common.
Apart from the academics, you will have other commitments such as group projects, live projects, research studies, worrying about internships, clubs and committee works as well as fests, hangouts with friends and many more.
You will get to sleep 10 hours a day sometimes and on other days you will hardly get 2 hours of sleep in a day. On average, the day of an IPM student starts at around 8 AM or 9 AM and goes on till 2 AM or 3 AM at the midnight.
Which is a better IIM among IIM Indore, IIM Shillong, and IIM Ranchi?
Each of them has its own set of strengths and weaknesses. And, instead of choosing the oldest college or the highest package as the criterion, students should conduct a SWOT analysis to see which colleges best align with their long-term goals.
IIM Indore: Because of its age, it is regarded as a premium choice among the student fraternity. However, a closer examination reveals that the batch size of 600+ is a grave trap for students with mediocre backgrounds. With a large batch size, you have little chance of being shortlisted by big brands appearing in their report. However, getting into an older college with a good reputation will work out in the long run if one works hard in the corporate world.
IIM Shillong: Founded in 2008, not long before the new IIMs, it has its own interviewing process rather than the CAP. Both the new IIMs and Shillong are progressing at the same rate. On the other hand, the state of affairs in the world. This is primarily due to logistical constraints; recruiters for IIM grads are typically top-level managers. Each minute counts for top-level executives, and losing time for travel is the last thing they want to do.
IIM Ranchi: One of the country's fastest-growing IIMs, it has seen phenomenal growth in recent years. IIM Ranchi has outperformed Shillong in a short period of time. IIM Ranchi has two flagship courses, PGDM and PGDHRM, and is the only IIM that offers HR-specific courses. With most of the early alumni in higher HR positions, they have an advantage over other colleges in convincing them to bring companies to campus. As a result, their placement is improved, and with smaller batch sizes, everyone has nearly equal opportunity. However, IIM Ranchi has its own constraints, as it is still operating from a temporary campus. IIM Ranchi is the slowest to build its own campus.
Hello sir, which will be a better option between NITIE Mumbai and IIM Indore …there are many controversies about Indore that batch size being huge it's difficult to get placed there?
It is subjective and it completely depends on your goals and your preferences, and how much the IIM tag matters to you. If you are really keen and want to have a career in operations and especially supply chain management then you can/should go for NITIE.
For all other streams go for IIM-I without any second thought. The placement is good there even with the big batch size and all, and why consider yourself at the bottom of the batch before even entering the institution? Even if you are able to keep yourself in the top 50 percent you will get a good and lucrative job and package.
Below is a table comparing the two on the basis of fees, and packages;
|
B-School |
Fees |
Average Salary Package |
Median Package |
Highest Salary Package |
|
NITIE Mumbai |
INR 17.31 lakhs |
INR 25.27 LPA |
INR 22 LPA |
INR 78.20 LPA |
|
IIM Indore |
INR 21.05 lakhs |
INR 30.21 LPA |
INR 27.2 LPA |
INR 1.14 CPA |
And the Average Package of the top 50% of the batch INR 34.04 LPA (NITIE)
Should I join NITIE or IIM Indore?
You should join NITIE. Although it is mostly known for Supply Chain and Operations, it offers good opportunities in other industries as well. NITIE placements trends reveal that recruiters from FMCGs, BFSI, consulting sector, and IT/E-commerce also visit the campus placements. So, you will have better chances of landing a job in a leading company. According to the placements highlights of 2022, the average CTC for NITIE stood around INR 25 LPA.
IIM Indore has a huge batch size. While the batch size of NITIE is concise, students get the required attention from teachers. The location of NITIE is also favorable. Doing an MBA from Mumbai will definitely help you get good internship and placement opportunities.
How are the IPM IIM Indore hostels?
The hostels at IIM Indore keep changing over the years you spend in the college. Initially the first-year students are provided double occupancy rooms with the same gender. After the first year, single-occupancy rooms are made available
The basic amenities include
- a fan
- basic lighting
- furniture for storage
- study table
Only mattresses are provided while the rest of the bedding is to be arranged by the inmates only.
There are no attached bathrooms and about 5 to 8 rooms share one set of bathrooms which comprises two commodes, two bathrooms, and two wash basins.
The hostels do not have washing machines, however, there is a laundromat, as well as the services of an on-campus washerman, are available for a nominal price.
You are not allowed to bring your own electrical or electronic appliances like air coolers, refrigerators, individual TV sets, etc. You cannot bring your own vehicle also except for bicycles.
As far as the campus is concerned, classrooms are well-equipped and the campus has multiple mess and food joints, grocery store, medical center and medicine shop, fruits and vegetable store, washerman, barber, bank, post-office, ATMs, courier dispatch and delivery, photocopy and print shops, gyms and sports centers, and even two temples.
The lack of anything more than basic aims at facilitating a basic lifestyle at the hostel and not a lavish one.
How is IIM Indore hostel and classrooms?
The PGP Hostels at IIM Indore offer single rooms in separate blocks for boys and girls. Each room has a bed, a large wardrobe with a mirror, one or two chairs, a table, and plenty of storage shelf space. Washrooms are plentiful, but not on every floor. Rooms also have LAN ports. Daily cleaning of the rooms is performed.
Fans are adequate because the weather is pleasant during the monsoons and very cold during the winter. Views of the campus are an added bonus depending on the location of the room.
The classrooms at IIM Indore are both large and air-conditioned. They typically seat 75 to 80 students. Classrooms are outfitted with speakers and biometric attendance systems in addition to the standard blackboard and projector system.
How tough is IIM Indore IPM program entrance?
Math Section
This section is the trickiest as the given Maths problems are difficult even for the Maths students let alone the nin math students. The key lies in the approach to the question which is not at all easy. The questions can be asked from any topic and from any level. You need to be exceptionally talented at least for this section.
English Section
Try to attempt this section first as the questions are quite lengthy. But this section is comparatively easy, you can surely clear it.
Overall, the paper pattern is definitely tricky, after all, it is IIM, and the competition needs to be tough.
Which is better for Marketing: SPJIMR or IIM Indore?
Marketing is a focal point at SPJIMR. The marketing faculty is brilliant and extremely enthusiastic about their subjects. The faculty is welcoming and open to discussions about current events. Some of the professors are from US universities.
The course comprises interesting projects, guest lectures from industry experts and alums, and workshops that will keep you busy all day. "Fieldwork" is given a lot of credit. There are enough role clarification sessions to give you a clear picture of what the Sales and Marketing roles entail. They have interesting concepts like "A Day in the Life of a Salesman," in which students shadow a salesman on the job, a Capstone project that gives you a comprehensive understanding of marketing, and so on.
The curriculum's best feature is that it is kept as current and relevant as possible. In fact, you might want to join the Marketing Area Committee during your first year to gain more experience in this field. Digital marketing is also taken very seriously in this company. The batch profile is extremely powerful. Many of them have come from core sales/advertising roles, and their contributions to the class are significant. The good news is that we have "Autumn Internships," so by the time we have to interview for companies, we have a good idea of what the roles entail and where we want to go. Marketing Batch placements are also good.
What is the class timing at IIM Indore?
The following summarizes the students' daily schedule:
Students in PGP1 should note that classes typically begin at 8.45 am and last until 1 pm. There might be one or two classes after lunch. Each lesson lasts 75 minutes. The PGP Office publishes the schedule for the upcoming week online.
PGP2 students: Your choice of electives will determine your schedule. The subjects are no longer shared by the entire class in the second year. Students are free to place bids on the courses they want to take. Your classes can therefore be at any time, whether it be 8.45 am or 9.45 pm. After 9.45 pm, which ends at 11 pm, there is no class. Additionally, the classes will be dispersed.
You may have a maximum of three to four classes per day (on average). Students are expected to check the intranet at least once a day to stay up to date on recent changes because the schedule is subject to change.
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