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What is your review of IPM course at IIM Indore?
Every coin has two sides. Similarly, every college has its pros and cons. My review of the IPM course will list the pros and cons of IIM Indore and its IPM course. Fortunately, the pros overshadow the cons to a large extent
Pros
- Early admission - The eligibility criteria of the IPM program allows students who have passed out of class XII/Higher Secondary or equivalent from schools across India to apply. So even a 12th pass-out gets the opportunity to get into IIM.
- Comprehensive Curriculum - The uniqueness of the curriculum lies in the fact that it teaches many areas and not just management. The course is coveted by many due to its high rigor and worth.
- Brand name - The IIM tag can be attached to an individual's profile right after the 12th without having to do a separate undergraduate course in any other field of study.
- Placements - The placement scenarios are much better than that of engineering and law colleges. Even as a fresher you land a job of around INR 12-15 LPA. Whereas engineering students start their careers with nothing more than 3-7 LPA.
- Division of courses - The Programme consists of 15 terms spread over a period of 5 years, with each year having 3 terms of 3 months. The subjects of the initial 3 years focus on the foundation and the last 2 years have core subjects that focus on Management.
In addition, there are humanities, literature, and skill-building courses, along with an option to pursue a foreign language. The IPM also has a group of subjects called ‘bridge courses’. They comprise courses related to information technology, intellectual property rights, or introduction to corporate law.
Cons
- High fee structure - The biggest con of any IIM is its extremely high fees. The IPM is one of the most expensive graduation courses. Its fee is INR 500000 per year for the first 3 years. Approximately the total cost of this program is INR 3500000.
- Limited Scope - The program offers very little future scope. This is because even if you decide to leave after 3 years, you will want to pursue Management itself. But leaving after spending so much on graduation is not easy. Also, people usually leave if they get a call from a better IIM. In that case, why did you even pursue graduation at such a high cost?
- No specialization - The IPM course offers no specialization in Graduation.
Choose wisely after weighing the pros and cons according to your convenience and interests
What is your opinion on the IPM course introduced by IIM Rohtak?
The IPM course introduced by IIM Rohtak is rigid and flexible at the same time. The course was started by IIM Indore and Rohtak is following the former’s footsteps. Like its Indore counterpart, 2020 is the first batch that will be experimented on.
If we come down to the process certain merits and so-called ‘demerits’ can be put forward.
- This program is new and has not found its foothold yet which resulted in some hesitation from the first batch of IIM Indore.
- Before you compare, ask yourself some questions like, if you have received the offer and if you have then what you are planning to do with it. There are high prospects but as the program is still new it would take some time to turn up on the map.
- It is not mature to bring up the fact that the institute is in Haryana. There is an IIT in Kharagpur and Kanpur and they attract tons of candidates during admission.
The reports of the average placement drive of 2020 show that the highest package offered was as high as INR 24 LPA. It’s pretty certain the figures would see an increase in the future. The placements may be as good as, and/or even better than the current package for PGP.
List your priorities and decide accordingly. You will be using a lot of money and will get little or no return on investment (ROI). The IIM brand name will serve you for the better.
Is IPM IIM Indore T.I.M.E online coaching good?
One of my friends took T.I.M.E online coaching for IPM at IIM Indore and having read online reviews from similar aspirants here are some things I got to know.
- This is a 5 years course. The reviews are average. A good path would be to go for CAT after your graduation.
- But if T.I.M.E is what you want, then it is undoubtedly a good coaching institute for the CAT exam preparation. However, it will only help you if you do serious preparation.
- During the offline coaching, things would be different and you can perform much better than while learning at online coaching.
It is suggested that offline preparation in TIME would be much better than enrolling online. So try to enroll in a classroom course if possible.
Should I opt for CA or IPM from IIM?
You cannot make such a binary comparison between IPM and CA.
- IPM:
You will learn topics from a variety of fields in this program, including math, science, economics, sociology, psychology, law, accountancy, and the arts. The PGDM curriculum that follows teaches you the fundamentals of finance, marketing, human resources, operations, information technology, etc., and prepares you to specialize in any subject of your choice. Regardless of your academic performance, you will be able to spend 5 years at an IIM after graduation. This strengthens your character in a way that is impossible in CA, where you must make all of your own preparations. You'll be able to interact with the best minds in the nation all at once thanks to it. Early exposure to cultural differences is crucial for the development of your personality and professionalism. The fact that IPM students receive the same treatment as PGDM students place a great deal of responsibility on them.
- CA:
CA is a professional program that develops your accounting skills and offers competitive pay. However, doing so necessitates independent study, which calls for strong self-discipline. It lacks the social learning component, which must be made up for in another way.
You should choose IPM and pursue CFA, actuarial, or another type of certification intermittently. Many people have chosen to do this, and the outcomes have been very positive; they have been hired by prestigious financial institutions like JPMC, DE Shaw, Nomura, etc.
Is MSU Baroda good for a BBA, or should I go for other options?
Your decision actually depends on the fact if you want to pursue BBA or you want to study at MSU. This is because if your sole interest is in BBA then trust me there are many better colleges for it. But if you are adamant about studying at MSU, then it’s better you search for your own interests.
I will recommend you take the aptitude test which is free in the psychology department. This test will let you decide what to study. Don’t be a part of the herd and pursue what others are pursuing. Rather follow your own interest that you will not regret later.
Is the IPM program at IIM Indore very competitive? How many students take part in the IPM test every year on an average & what's the awareness level of IPM?
IIM Indore is a major deal in and of itself. According to my friends studying at IIM Indore, around 15000 students (approximately) took the aptitude test last year.
- This year's figures will rise as the IIM bill is enacted, and the first class of IPM graduates is placed 100% of the time, with an average package of 17.5 lakh.
- In the following years, it will undoubtedly be difficult.
- For the past three years, IPM has received between 15 and 19 thousand applications.
- Every year, 120 people are accepted.
- As a result, the math would lead you to believe it's more difficult to get into, than IITs and other prestigious institutions.
But that is not just the case, you can get in if you have above-average intelligence and can solve problems quickly. If you approach the interview casually, admission can become difficult.
Should I do a BBA from Christ University or IBS hyderabad?
It’s your attitude towards learning that matters more than the college itself. Yet if I have to comment on the two colleges, I would say Christ University is a fairly good choice. The main reasons are
- The fest culture makes you come out of your comfort zones and test your limits and diversify your talents.
- The overqualified rules set by the college increase your patience level ten folds
- You get to live in Bangalore, the city of innumerable opportunities and dreams.
However, if you are joining the college with the mindset of being taught then you need to rectify it. Here it’s you who has to force yourself to learn no one is going to push you. Anyone who wants to learn about business, in reality, will not be able to gain much from this B School. The B School churns out managers only. Rarely does it give birth to a business owner or entrepreneur despite the university’s module for entrepreneurship in a semester.
What is the curriculum of IIM Indore IPM?
Integrated Program in Management (IPM) is a 5-year program offered by IIM Indore after completion of which you will get two degrees; a Bachelor in Arts (Foundations of Management) which will consist of the first three years and an MBA for the last two years.
The course curriculum of the final two years will be exactly the same as that of the MBA students; a total of 6 semesters spread over 2 years. The first three years will have a total of 9 semesters. The various courses offered during the first three years along with the topics are given below.
- Mathematics, Economics, and Statistics
- Sociology, Psychology, Political Science and Foundations in Management
- Other courses like Dance/ drama/ music; Communication and presentation skills; English/ French/ Spanish/ German
A brief look at the courses offered at MBA level is also given below.
- Finance and accounting
- Information systems
- Sales and marketing
- Strategy
- Organizational behavior
- Human resource management
- Operations management
- Rural immersion program
- Himalayan outbound program
- Industry visits
These are briefs of the courses being offered at the institute. The actual curriculum along with the credit points are given on the institute website.
How was your first day at IIM Indore IPM?
Here is the experience of one of the IPM students of IIM Indore.
She completed some paperwork and a brief registration process as soon as she arrived at the campus and Hostel Reception Center, after which she was given her temporary identity card, room key, etc. She also completed the course registration and other paperwork later that day.
The following two days of Induction were when the real action began.
On the second day, she and her friends hurried to the auditorium after hearing an introduction to the faculty, information about IGNOU, and the format of the IPM course. The remaining three days of the induction passed slowly. Despite the fact that students were involved and there were actual activities.
You are prepared for life at IIM, which is tedious and enjoyable but irregularly busy, during the 7-hour continuous induction.
What will be the future prospects after an IPM in IIM Jammu?
The future prospects for an IIM Jammu pass-out who has pursued IPM or the Integrated Program in Management are similar to the prospects of any IIM pass-out. This is because IIM is a brand image and the age of the institute does not matter much. What matters is your willingness to pursue a management career.
IIM Jammu launched its 5-year Integrated Programme in Management (IPM) in 2021 and this will be the third batch that will get admission in 2023. As of now, no batch has passed out yet so it’s difficult to ascertain its worth. But for reference, I have tabulated the stats for PGP students
|
Particulars |
Statistics |
|
Number of participants |
217 |
|
Number of offers |
222 |
|
Highest Package |
INR 32 LPA |
|
Average Package |
INR 13.53 LPA |
|
Median Package |
INR 11.4 LPA |
|
Number of Companies visited |
119 |
As you can see a decent placement record is witnessed here and many major companies like Accenture and Amazon visit the campus.
Some facts about the IPM course here are
- There is a mandatory credit course on “Happiness” during the 1st year of the program.
- certificates of qualification are provided after every year of completion.
- They will also provide physical books unlike IIM Rohtak.
- There is a boot camp at the end of 1st year in Ladakh.
So we can say that the IPM course is not yet properly established but will definitely be in a few years.
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