At present, IIM Indore is not the only IIM that offers BBA + MBA courses. IIM Indore and IIM Rohtak have been offering the five-year integrated course in MBA for undergraduate students for a few years now.
In 2021, IIM Ranchi, IIM Jammu, and IIM Bodh Gaya also introduced IPM degree courses for students after Class 12.
The Five Year Integrated Programme in Management (IPM), is a unique program that aims to meet the aspirations of young students to become management professionals. Admission to this program is done through the JIPMAT entrance exam followed by Written Ability Test (WAT) and Personal Interview (PI).
Some more benefits of the course include:
Chartered Accountants and IPM from IIM Indore are not comparable because of their vastly different natures. You are advised to move toward the area of interest over here. IPM aims to develop each student holistically by helping him learn and excel in a variety of areas. Your presentation abilities improve, and your overall development is boosted. It has several different domains as its primary focus.
A CA, on the other hand, is deeply involved in the accounting industry. To be clear, it's a correspondence course. After studying, you take your exams, then write your articles. Your course of action in this will determine only your personality development and presentation skills.
You should choose between these two based on your area of interest.
The simple answer is that the choice of the course depends more or your overall profile than the course itself. Irresponsible of your specialization your chances at placements will be low if your resume is below average. Moreover, institutes like IIM Indore and IIM Lucknow offer joint placements for both programs.
Students can apply to any company irrespective of their specialization. Yet there are many who are able to get into their dream companies while some failed to get a call from a reputed firm. This is because the PGP program just added value to your resume and if that is already poor then even PGP cannot guarantee you a high-paying job.
So if you already have a good resume all you need to do is improve your resume in marketing and operations. This can be done through extra-curricular activities and B-school competitions. For this the PGP-ABM program is perfect.
But if you have a below-average resume, then go for PGP. Because then extracurricular activities alone will not improve your resume. You need class projects and good academic scores to upgrade it. Unlike PGP-ABM, you won’t miss out on basic electives related to marketing/ops/finance.
So nothing is certain about an MBA program. One needs to know what he will be doing after acquiring knowledge to decide which course to take. I will personally suggest you go for IIM Lucknow PGP-ABM if you just want to improve your resume.
IIM Indore gives less importance to the CAT percentile because it pays more importance to the aggregate of 10th and 12th class of students. Although every college, specifically every IIM has its own criteria for selecting the candidates, IIM Indore is more into academics and less into the entrance, graduation marks, or even the working experience. Here is the selection procedure for IIM Indore in brief.
Stage I- CAT score has the least weightage in the shortlisting stage. Any student with good academic performance and above-average CAT scores can get a call from IIM Indore. Here is the CAT cutoff for 2020, in IIM Indore.
Category | VARC | DILR | QA | Overall Percentile |
General | 80 | 80 | 80 | 90 |
NC OBC | 70 | 70 | 70 | 80 |
EWS | 80 | 80 | 80 | 90 |
SC | 55 | 55 | 55 | 60 |
ST | 45 | 45 | 45 | 50 |
PwD | 45 | 45 | 45 | 50 |
The weightage given for the 10th score is 34%. There is the weightage for graduation marks, both for the shortlisting of WAT-PI and the final selection.
Stage II- It consists of the WAT and PI round which you have to clear to appear in the next round. If a student fails to attend this, he/she would be out of the selection process.
Stage III- There is a weightage of 40% marks given to the PI round in the final selection and as the students are already selected based on the academics, it is now in the final selection when 20% aggregate is for the CAT exam.
Therefore, you must have a good academic background to get admission to IIM Indore.
The choice of questions attempted is critical in IPMAT, and students should aim for an overall attempt of 60-70% with 80% accuracy to secure a good score.
There is no fixed score for admission to IIM Indore through IPMAT, but attempting a good number of questions with high accuracy can help students secure a good score.
Since you’ve not given any context to the question, the answer in any normal circumstance would be yes. Let’s understand why spending more than 5 lacs on an IPM degree is not worth your time and effort.
BMS is a slightly analytical degree that would give you an edge over students pursuing BBA or BCOM. I have seen BMS students acing CAT after basic preparation cause of their good grasp on logical reasoning. It’s a given fact that an average BMS students is more likely to score well in CAT than an average BBA/BCOM student.
Having friends in both institutes, I can assure you that among the two XLRI stands out. Students of not only XLRI but other institutes as well agree with this fact. It is a very reliable institution.
Let me share some details about the college, I got to learn from my friends studying there -
Categories |
IIM Indore |
XLRI |
Highest CTC |
25-35 LPA |
40 LPA |
Average CTC |
17-18 LPA |
25 LPA |
Recruiting Companies |
Berger, Bosch, Microsoft, TCS, etc. |
Google, L&T, Morgan Stanley, Mindtree, etc. |
There is no doubt, XLRI is one of the best institutions for management.
Yes, the question in Pearson’s guide to IIM Indore IPMAT is easier than the actual paper. As a matter of fact, the author has been continuously revising the content every year as per the difficulty levels. One of my friends had prepared for his IPMAT from two books, which are as follows.
Pearson's Guide to IIM Indore IPM:
GK publication's IIM Indore IPM:
But for preparation of IPM don’t stick to a single book. You can collect previous year’s question papers to get a better overview of the examination.
Only someone from an IIM can provide you with better insight, and Educate Next's founders are from IIM Rohtak and FMS Delhi. Educate Next is, in my opinion, the best IPM - IIM coaching (Indore and Rohtak). The curriculum is written by the Directors themselves, and they provide full curriculum details to students when they enroll, making it clear how the approach will be. The best Personality Development and Verbal Ability classes in town.
Another critical point is that the batch size is too small, with a maximum of 20 students. This is extremely beneficial. It is also the most affordable in terms of fees for the quality provided. IMS is also good, but they charge nearly triple the price for the same quality.
FPM is a Ph.D. research program. There are no placement opportunities for this program at IIM Indore.
They can try and seek a job themselves. But this practice is not encouraged by IIM. This is because it spends around 1-1.5 Cr on each FPM participant. They want them to be true to the field of academics. They don’t want FPM students to be employed by the industry, they can just work with them occasionally.