Yes, it is possible to crack the IPM exam at IIM Indore without maths in 12th grade. A non-math student can apply for IPM at IIM Indore. However, it can be difficult for a student without a Maths background to clear the paper as the question paper is loaded with Higher Maths - Questions from Class 11th and 12th Math section.
Past Year Paper analysis suggests that even the basic maths questions (till class 10th) are of higher difficulty level. So, it won't be easy, but it’s not impossible.
With hard work, proper preparation, and practice you can clear IPM. But the IPM course also has mathematics studies. It includes courses of pure maths, statistics, economics often driven by maths, etc.
IPM from IIM Rohtak can be an alternative to IPM from IIM Indore, as the paper is much easier and the difficulty level of Maths questions is also manageable.
IIM Indore's Integrated Programme in Management (IPM) curriculum includes Humanities as an essential discipline. The traditional mindset considers Humanities as an inferior subject, but the truth is that Humanities subjects like Sociology, Political Science, and Psychology are very useful for Managers. Studying Humanities gives a wider perspective of the world. Nearly every subject nowadays has a “behavioral” aspect to it.
For example, Behavioral Economics and Behavioral Finance are emerging fields where the understanding of human behavior and psychology is applied to economics and finance.
Similarly, studying Sociology gives a perspective on how societies form and work, which might be useful in one's career. Political Science is again a very important subject as it helps understand how governments and institutions work.
It is important to understand that whatever you study might not give you immediate monetary benefit, but that doesn't mean it is not going to help in the long run. No doubt that subjects like Statistics are very important, but running and analyzing plain numbers alone isn’t the key, you always need to have a wider perspective.
The inclusion of Humanities in the IPM curriculum is indeed an advantage that IPM has over other such courses at the undergraduate level. It helps students develop a more holistic view of the world, which is essential for future managers. In nearly every subject course of Humanities, the first class is about ‘why’ managers need that particular Humanities subject. Therefore, it is clear that Humanities is an essential discipline that every aspiring manager needs to study.
A few of my friends graduated from IIM Indore and having read online reviews of the alumni from other IITs here are some things I got to know.
The only benefit in IPM is that your career path would be set. However, for better placement opportunities going with IIT+IIM would be great. Also the placement team and the process are different for both the courses. Overall both IIT and IPM are best in their field. So make a wise choice and play within your strengths.
One of my friends is a recent alumnus of IIM Indore. He took the IPM exam and here is a brief overview of what he mentioned about the examination.
Hope this helps answer your question.
If the current scenario is accurate, the student intake of IPM will be doubled only if the IIM bill is passed. This move has already brought a downgrade in the image of IIM Indore. Doubling the intake of students will more than dampen the image of IIM Indore. This step will make it one of the worst business schools in the country.
The batch already has around 120 students so it may not be possible to be in charge of a bigger batch. It is difficult enough already.
There is also a lack of capable faculty given the fact for the first 3 years, you will be taught by guest faculty.
It should be Physics-chemistry-Maths-Computers if one wants to maximize their chances of selection and perform well in IPM.
Reasons:
The IPMAT has nearly IITJEE-level maths. The IPMAT consists of two sections: maths (quantitative aptitude and data interpretation, reasoning).
The first three years of IPM require at least nine courses in maths and statistics. Differential Calculus, Integral Calculus, Probability, Sampling Distribution & Statistical Inference, Linear Programming, Numerical Analysis, Optimisation, and other subjects are covered.
Furthermore, other computer-related courses are required. Object Oriented Design, Programming and JAVA, Data Analytics, Data Structure, C, Algorithms, DBMS, Web Development, and so on.
While there are ten courses linked to economics, practically all of them take a more mathematical approach. Except for 5-6 sessions out of 200, classes 11-12, economics is not particularly useful for those.
Why the commerce stream is ineffective - There is only one accounting course. Some management fundamentals and business law courses. While an accounting course may be preferable, I doubt it is difficult to learn. None of those other topics are covered in Commerce 11-12.
PCMC is typically present in 60% of the batch. Only 5% of 11-12 grade students have no math skills, owing to several diversity policies and affirmative actions. This track also aids in hedging one's prospects of admission to other institutions, including BITS Pilani's UG and integrated programs, IISER, ISI, and IITs.
While commerce in 11-12 assists in BBA, IPM is not the same as BBA+MBA, therefore please do not mistake it for that widespread and incorrect misconception.
P.S. - If you are weak in maths or dislike maths, you should avoid IPM at IIM Indore. Other IPMs and a variety of other institutes would be a better fit for you.
If you want to decide the toughness on the basis of the availability of seats then yes, it indeed is tough to get into IIM Indore. The seats available for the IPM program are 150. So the competition is pretty tough.
But in reality, the majority of the students just are writing the exam casually. Some students even give up after looking at the test structure, difficulty, and other confidence issues. So the ones who are serious about and have seriously prepared for the exam are competing with a much lesser number of students.
IIM Indore makes around 800–850 calls for an interview for IPM, which means one of every 6 good candidates gets a call for an interview. Around the top 180 students get a final offer (main list + waiting list).
So probability-wise you have a good chance of making it into IIM Indore provided that you are self-motivated and well-prepared.
If you want to work in the management field and pursue a career in management, the IPM program is a fantastic choice for you. IIM Indore was the pioneer of this course which is now being provided by many other IIMs like IIM Bodh Gaya, IIM Rohtak etc. The Integrated Programme in Management (IPM) offered by IIM Indore is a unique and highly regarded program in India that is designed for students who have just completed their 12th standard (or equivalent) and want to pursue a career in management. It is a 5-year program that will provide you with undergraduate and postgraduate degrees.
Apart from the prestigious tag, there are many perks that come with it. The institute has a strong alumni network, which can be a valuable resource for networking and career opportunities. The institute's placement record is also excellent, with many leading companies visiting the campus for recruitment. Additionally, IIM Indore has a strong research focus, and students can participate in various research projects and conferences. So, do not bother much and join IIM-Indore without a doubt, if you have cleared IPMAT and have a call from there. Hope it helps, All the best buddy!
Both the above-mentioned options are excellent to be considered. The IIMs prepares you to manage people and processes, whereas the ISI prepares you to be excellent quants.
Many IIM graduates work as quantitative analysts, they get the highest-paying jobs. If the ISI course is more appropriate, you could take the Bachelor of Statistics course. Quantitative analysts, on the other hand, tend to wear out soon, due to heavy workload.
An IIM education provides you with a broad perspective on management as well as access to a large alumni network. So, if you want to work your way up the corporate ladder, an IIM would be a better option. At the end of the day, it's up to you to decide where your priorities lie.
Current events and general knowledge are crucial for IIM Indore's Integrated Programme in Management (IPM) Personal Interview (PI) round. Reference books:
Besides these publications, practise mock interviews and prepare answers to frequent inquiries about your history, hobbies, and aspirations. This will boost your confidence and PI round performance.