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Is there any bias against IPM students during placements in IIM Indore? Are they considered equal to PGP students?
Yes, there indeed is a certain level of bias that IPM students face during the placement process. But the reason is well justified. Being a newly established course, IPM lacks the certainty of success. The industries are only gradually developing their trust towards this course over the years. So the recruiters are still a bit hesitant in investing in an IPM student.
But if you look at the figures, you can see that the course has been gaining trust and climbing the ladder drastically over the past few years. Also, I don’t think it’s justifiable to draw a comparison between a 7-year-old program that has already been recognized (PGP) to a newly established course (IPM).
People usually compare these 2 programs because they see IPM as a means to join IIM by escaping CAT. This is not the case at all. IPM is much more than that. It needs no comparison to any other program. It is a full-fledged integrated course that is way ahead of other undergrad or integrated courses across the nation both in terms of the kind of education it offers and the placements.
What is the waitlist movement for IIM Indore for the General category in the past few years for the PGP programme?
The selection list of every top IIM is mutually exclusive. If you get shortlisted by any of the IIM, you have a 100% chance of changing it, the percentile in CAT wouldn't matter. The conversion depends upon how you perform in an interview and the assessment of it.
Over the years, the waitlist movement has been constant but not many get a call from these institutes and choose to do different things in their lives, but they also do not choose any other institute over it.
For IIM LKI, waitlist movement varies a lot due to the following reasons:
- The first might be the overlapping with ABC.
- The second could be the conversion of candidates to A or B but they might not have made it to the L/K/I.
- Third, only a few leave their seats to go for ABC in one attempt.
These factors sway each year and affect the WL movement. It is difficult for anyone to predict the waitlist for any of the IIMs.
How is an executive MBA from IIM Indore?
IIM Indore is one of the top management schools among the group of 20 Indian Institutes of Management which is located in the city of Indore, Madhya Pradesh.
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Particulars |
IIM Indore Executive MBA 2022 |
|
Fee Structure |
INR 2,111,800 (Total Fees) |
|
Course Duration |
1 year |
|
Course Type |
On-Campus (Full-time) |
|
Entrance Exam |
GMAT |
Admission Process
- Admission for the Executive Program is through the GMAT (Graduate Management Aptitude Test) exam. The GMAT exam can be given 5 times in 12 months with a gap of at least 16 days between consecutive attempts.
- A relevant 5 years of Work Experience is a mandatory prerequisite for getting into IIM Indore Executive MBA Programme.
Placements
Number of participants: 57
Number of on-campus offers: 57
Number of off-campus offers: 2
Number of students opted out: 4
IIM Indore EPGP highest salary: INR 70 LPA
IIM Indore EPGP average salary: INR 25.9 LPA
IIM Indore EPGP median salary: INR 23.6 LPA
Major sectors: Consulting (42%), IT/Product/Analytics (40%)
Top recruiters: Accenture, Cognizant, Cogoport, EY, IBM, Jio, Infosys etc
Is preferring IPM from IIM Indore over engineering a good decision?
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.
Which IIM should I join, IIM Indore or IIM Lucknow? I want to study finance.
Both the institutes provide almost the same learning experience and are considered to be one of the best B-Schools to join in India. But IIM Lucknow has some advantages over IIM Indore.
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At IIM Lucknow students receive more consulting and finance based job roles. Companies like Citi, JP Morgan, Morgan Stanley, Black Rock, Avendus, Arga Investments, Investec offer front end roles for the students. Additionally, there are many Corporate Finance roles offered by banks such as Yes, HDFC, ICICI, etc.
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As the batch size is smaller in IIM Lucknow which in turn makes the learning experience better as the faculty can interact with more students and clear any doubts that one may have.
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According to the NIRF Rankings 2020, IIML stands at 4th position while IIMI stands at 7th in India among the management institutes.
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IIM Lucknow has a strong research base compared to IIM Indore, which helps students to find opportunities to work in live projects and pursue their own research as well. IIM Lucknow has 117 published conference papers over the years while IIM Indore has 98 FPM theses. Both the institutes provide support for students to pursue new research.
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One other important factor is the alumni base. IIM Lucknow has a larger well-developed alumni network compared to IIM Indore which helps in the placements.
Which educational course is better- IPM from IIM Indore or BBA+MBA from Christ University Bangalore?
Choosing between IIM and Christ University is not a difficult decision. Without second thoughts, forgo the offer from Christ University and go for IIM Indore. This is because
- The title of IIM is more than enough to open opportunities for you in the future
- You will get better exposure and crowd at IIM than at Christ university
- Obviously the placement opportunities are better at IIM than at any other university.
|
Particulars |
IIM Indore |
Christ University |
|
Average CTC |
INR 24.09 LPA |
INR 15 LPA |
|
Highest CTC |
INR 21.46 LPA |
INR 49 LPA |
Even if both the colleges offer similar packages IIM has a bigger brand image and will help you in the long run.
How are the placements in the IIM Indore, Mumbai campus?
IIM Indore placements for the Mumbai campus are same as the Indore campus. The placements are integrated. IT, General Management & Operations, Sales & Marketing, Finance, Consulting & Analytics, etc. are the major recruiting sectors for the campus. Students receive an average CTC of INR 12.7 LPA. The placement rate for the institute is 100%. During the 2019 placements, the campus received the highest CTC up to now, i.e. INR 85 LPA.
Which is the better option, a BMS from Shaheed Sukhdev College or an IPM from IIM Indore?
Both BMS from Shaheed Sukhdev College and IPS from IIM Indore, have their advantages. I can give you some insight regarding the institute as I have friends from both of them.
- BMS from Shaheed Sukhdev College offers better education and ROI. According to recent placement highlights the average CTC offered by Shaheed Sukhdev College was 9 LPA.
- When it comes to IPM from IIM Indore, it is better in terms of infrastructure.
Go for a BMS from Shaheed Sukhdev College, if you are confident that you can clear CAT and convert a call into the Old IIMs. If you are not certain then choosing IPM from IIM Indore is the safe option. You will receive the IIM tag along with your degree. Which offers certain advantages.
What should I prefer, IPM IIM Indore or a B.Tech from IIT/NIT?
For admission to its five-year course, IPM, IIM Indore administers the IPMAT aptitude test (Integrated Program in Management). IIM Indore offers IPM as a dual degree program (bachelor's + master's) for students who have completed the 12th grade. It is a program that enables entry into an IIM immediately following the 12th grade.
IIM offers a much better compensation package than any IIT or NIT. With the exception of a select few, the number of engineers in this group increased significantly.
Consider the following factors before choosing a college:
When it comes to partnerships with businesses and foreign institutions, IIM is the best. This greatly aids a college's growth and ability to improve its placements, ranking, and access to education abroad.
One of the most significant social influences today is brand, which has an impact on those in your immediate vicinity. IIM Indore has recorded a 6% increase in average salary, which has increased to Rs. 25.01 lakhs per annum in placement 2022 from Rs. 23.6 lakhs per annum last year. The average salary of the top 100 students in the batch has also increased, to Rs. 37.95 LPA from Rs. 33 LPA last year. In Placement 2022, the highest salary was Rs. 49 LPA, compared to Rs. 41.5 LPA the previous year.
How can I get into IIM Indore right after 12th?
Integrated Programme in Management (IPM) is a program aimed at students who have passed out of class XII/Higher Secondary or equivalent from schools across India.
IPM is a 5-year program launched in 2011 by IIM Indore. The program has been accredited by the Association of MBAs, London.
The program's agenda is targeting the youth that has managerial and leadership skills and transforming them into world-class leaders through top-notch education. It has been specially designed for young individuals who want to pursue Management right after 12.
Selection Process
The selection process of getting admitted into IIM Indore for IPM comprises 3 steps
- You will have to fill out an application form that entails your academic and extracurricular achievements.
- After this you have to write an entrance exam that aims at analyzing your aptitude, logical reasoning, and proficiency in English and Mathematics.
- Lastly, after shortlisting you go through a personal interview with well–qualified professors from IIM Indore and other prestigious institutions. The panel will judge your confidence, communication skills, general awareness, persuasion skills, and knowledge.
Only 120 seats are available for this program at IIM Indore. The entire program is broadly divided into the first 3 years and the last 2 years.
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.
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