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Which is the better, college SIBM Pune or IIM Indore?

DS
Deepak Sinha Posted On : August 3rd, 2022
Lives in Pune, Maharashtra, India

Among these, IIM Indore is the better option. Being an IIM it offers better facilities and placements. IIM Indore placements 2022 placements ended with an average CTC of INR 25.01 LPA. The highest CTC offered this year was INR 70 LPA. 

IIM Indore offers excellent academics, and the faculties of the institute are best in the field. The IIM brand name certainly offers some perks in terms of getting placements, projects, and interships. 

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What is IPM of IIM Indore like and what are the placements available?

UM
Utsav Mishra Posted On : July 23rd, 2022
MBA from Indian Institute of Management Indore (2020)

IIM Indore IPM is a good course. The curriculum is diversified. Other than the course subjects you can learn programming languages, different foreign languages, performing arts, etc. The course work is rigorous and keeps students on their toes. Students have the freedom to explore different co-curricular and extra-curricular activities. After initial three years of the course, IPM batch is combined with the upcoming PGP branch. All lectures and placements take place collectively. 

IIM Indore placements for IPM have been good for the last few years. During the recent placement drive, IPM students received an average CTC of INR 20.79 LPA. The highest CTC (international) offered was INR 82.25 LPA. 

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Do IIM Indore and other IIMs (except IIM-A) place the students overseas?

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Astha Basu Posted On : August 24th, 2021
M.B.A. from Indian Institute of Management Indore (2018)

As per current requirements, the industrial market unarguably requires MBA in many sectors. Each sector finds it necessary to include Operation, Marketing, Finance, etc.

  • If we shift focus to look at the requirements for managers in any country, for instance, the USA, then they definitely produce more than one bunch of managers. 
  • In that case, their business market does not possibly require outsourcing candidates from nations other than the USA itself. 
  • That is one of the major reasons why students often opt for pursuing an M.S rather than an MBA in the USA, and other similar countries. 
  • There is a different bunch of students who assert that IIMs generally place students in business arenas situated overseas. 
  • But, when comparing the ratio, the number of placements located abroad is reasonably much lower than anticipated. 
  • Comparing the general domestic placements, the international ones are quite less, even in IIMs situated in Ahmedabad, Bangalore, and Kolkata. 

In any case, the old IIMs are still somewhere capable of providing overseas placement offers, as per industrial needs. Comparably, the nascent IIMs that are still on their way of development do not usually make provision of foreign placement offers. 

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Is it possible for IIT JEE aspirant crack IPM (IIM Indore) entrance test?

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Saurav Mishra Posted On : August 25th, 2021
IPM at IIM Indore (2019)

It is possible if you are ambitious enough and you are willing to work hard. But both are really very different tests; one focuses on science and advanced mathematics while the other focuses on quantitative and verbal proficiency. There are some benefits for an IIT JEE aspirant to crack the IPM test which is listed below. 

  • As both are MCQ-based exams, you will have a practice of the same.
  • Some subjects of mathematics such as probability, logic, and algebra are common to both the exams and thus may help you.
  • Both are high-pressure exams. Thus giving IIT JEE will make you acclimatize with this high-pressure environment and make your time management and other strategies better.

Other than that, you will have to study for both the exams separately and will have to work extra hard to ace both the exams.

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What degrees will IIM Indore provide to IPM students, as the IIM Bill is passed now?

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Bharati Kolipakula Posted On : August 20th, 2021
Studied at Integrated Programme in Management, IIM Indore (2018)

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).
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Do banks give loan to IPM students of IIM Indore?

AS
Aarzoo Shah Posted On : January 24th, 2023
Studied at Indian Institute of Management 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. 

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How many students are selected for IPM IIM Indore interview?

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Anjana Dasadhikari Posted On : August 26th, 2021
MS by Research from International Institute of Information Technology, Hyderabad (2020)

Almost over 15000 apply for the IPM program at IIM Indore. For each seat, you will be competing with 10 students at least. In 2018, 15901 students had applied and only 886 students were shortlisted for the interview round. 

To get selected, you will have to give an aptitude test along with a WAT and then appear for a personal interview round. All these tests will evaluate you as a person and not just your knowledge and skills. 

If you are applying for this course, you should have a plan B in case you don't get selected as no other IIMs offer this college. Very few students get selected for the IPM IIM Indore course as the selection criteria for this course is very difficult and you have to be very good at academics to get selected in this course. 

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How can I get admission in IIM Indore for a BBA? What is its eligibility criteria? What is its cutoff?

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Sikhsha Agarwal Posted On : August 18th, 2021
Studied B.Com at Narsee Monjee College of Commerce And Economics

IIM Indore conducts an entrance exam called IPMAT (Integrated Programme in Management Aptitude Test) each year for its integrated management program. It is a combination of BBA and MBA. 

You have to appear for the exam after your 12th. It is an aptitude test and will test your application skills in quant, verbal and logical reasoning. For applying you need to have a minimum of 60 percentile in 10th and 12th examinations.

The cutoff depends on the difficulty level of the exam. The section-wise cut-offs are released by the institute. You need to clear the section-wise cutoffs too in order to be selected.

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I can't afford the fees of IIM Indore IPM. Should I stop dreaming about it?

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Aaryan Sharma Posted On : August 20th, 2021
MBA in Marketing & Information Systems, Indian Institute of Management Calcutta (2019)

Firstly, ask yourself, why you wish to pursue IPM at IIM Indore. If you are interested in management but are coming from a not so financially well background, you should not consider IPM for management. But if you really want to pursue that particular course, you can opt for it.

  • You can acquire a loan from a bank without putting up much of a security. Furthermore, those debts will be your responsibility, make sure to repay them.
  • If you are good at academics right now, enroll in any graduating programme that you enjoy or that is your second choice. 
  • Look into B.Com and BBA as rational choices, and if your interest persists, try to get into FPM or IIM-I after your Bachelor's degree.

IPM isn't easy to get into. It has one of the lowest returns on investment (ROI) among the top 20 or 30 B-schools. Your total course fee may be over 30 lakhs, but an MBA will cost 14 lakhs, and you will gain a superior understanding of management if you choose to pursue it. 

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Which is better, B.Tech IIT & MBA IIM or IPM IIM Indore?

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Juby Thomas Posted On : January 24th, 2023
MBA from the Indian Institute of Planning and Management

IPM IIM Indore, and B.Tech. IIT are not any better.

Many engineers pursue their MBAs after completing their engineering degrees. Because management and engineering jobs are distinct and an MBA should be pursued in the engineering field after gaining some experience, employers are becoming warier of hiring such people today.

Many students discover they are not interested in their chosen field and subsequently lose interest in engineering or management. So, you must first decide what you are interested in. Both courses are worthwhile, but only after you determine your areas of interest.

If you are only interested in the management sector, choose IPM; however, if you are interested in engineering, choose IIT because getting into this esteemed institution is already a herculean task. Additionally, keep in mind that no institute can guarantee great success unless you pursue the courses with a laser-like focus and are prepared to put in the work. As such, choose your course with the utmost concentration.

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