According to one of my friend's personal experiences, you should recognize what you want to do in life further. Whether you want to continue in a technical field or a management field. The next thing is the decent package and the prestigious company, you get your placement.

If Engineering is your choice -

• If you manage to get into IIT Kharagpur or IIT Bombay and spend approximately INR 10 Lakhs for the entire course. 
• Then the salary package you receive is INR 10-11 LPA. 
• So in this case you can clearly demarcate the difference between expenditure and earning. 

If IPM is your choice -

• If we consider that you have taken the IPM course in IIM Indore and spend INR 26 Lakhs till the completion of the course. 
• Then get the placement of around INR 17-18 LPA.

Comparing these we can see that by the time your package reaches INR 12-13 LPA being an engineer from IIT, the salary of the IPM graduate reaches very high. So this is where the difference is being created.

Thus we can say that rather than just focusing on return on investment, look for the average package that will last for your entire life.

As I have interacted with the ex-students online, I got to know some facts about IIM Indore. These facts might also be helpful to you as they can provide you with an answer to your question.

• The first IPM batch was the 2011 batch which attained 100% placements. 
• The average ranged around 10 LPA. 
• Various students were placed by means of PPIs which they won through case study competitions like Nomura Investments. 
• The hiring status of IPM students ranged from startups to big renowned companies such as Deloitte, ICICI Bank, etc. 

As a student of IPM, one would certainly be able to pave the way to a non-disappointing and successful career.

Absolutely, it is true. It has been seen that many students who have average academic scores are selected in IIM Indore for the IPM course. Basically, the selection is based on the criteria that include aptitude test score, personal interview, and written ability test for which the scores required are 50 percent, 35 percent, and 15 percent respectively.

The panelists in the interview can ask various questions related to the low academic score but if you can tackle the situation with some of the respectful reasons then there is a high possibility for your selection.

Lastly, we can say that despite your low academic score you can manage to get into IIM Indore for the IPM course by giving your best into the personal interview and written ability test.

SRCC is an established and well-known institution affiliated with the University of Delhi. The institution has a pretty good faculty and the curriculum being taught there is also considered to be of high standards. If you are planning to prepare a solid CV for your career, I would suggest that you opt for a course of your interest at SRCC. 

These are just some views I gathered by interacting with students of these institutes. 

• The curriculum followed at IPM has been mocked by several candidates because of its diversity. It does not include specific topics for a particular specialization. 
• However, for the batch of 2016-21, a new curriculum has been introduced by the authorities which is more focussed on areas like Economics, Quantitative aptitude, Philosophy, Psychology, and Sociology. 
• These areas are also considered to be the 5 pillars of management at the PGDM level by many individuals working in the field of business and management.
• The placement of the institution is also quite good with the average package approximately equal to the amount which usually gets offered to candidates studying at the Postgraduate level. 

My brother was eligible for admission at SRCC but instead, he opted for IPM because it was favoring his interests, environment, and several other factors. You can too make a decision based on your interests and several other factors which you think are important for your career.

You should go for it without a second thought. And, yes it is totally worth spending 5 years there.

The greatest advantage that IPM gives you is that you can join IIM Indore just after completing your 12th examination. Additionally, you will get great job offers from good after completing the IPM course from IIM Indore.

During the placement drive of 2021, the highest package offered was INR 56.8 LPA while the average company CTC stood at INR 23. 6 LPA, and the median CTC was INR 22.6 LPA. 

So, if you are getting an opportunity to join the course, go for it.