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