According to some of my friends studying at IIM Indore, it is renowned for its management studies. It is ranked seventh in the NIRF Ranking for Management 2020.
The placement statistics are below.
New recruiters | 50+ |
Total No. of PPOs | 121 |
Average CTC | 18-19 LPA |
Highest CTC | 24-25 LPA |
In addition to the final placements, IIM Indore successfully conducted its summer placements for the first-year batch. The internships were offered in various domains by renowned MNCs. There were 160+ recruiters from automobiles, BFSI, consulting, E-commerce, FMCG, and others.
The top recruiters were Flipkart, HDFC, BCG, JP Morgan & Chase, Axis Bank, P&G, ICICI, Bank of America, Infosys, TCS, Capgemini, Royal Bank of Scotland, and more. Overall, IIM Indore maintains its quality even with big batch size.
If your main goal is to study economics, maths and statistics then opting for IPM at IIM Indore would be a very good idea. However, the fee structure is very high. INR 4,00,000 per annum for domestic students and for international students, it is INR 6,00,000.
You will also have to study subjects which you will necessarily not like such as sociology, psychology, etc.
Another drawback is that there is no degree for IPM. You will only get a certificate from IGNOU.
In the case of NIT Allahabad, it is a reputed institute for engineering. You will be able to study subjects that meet your interests. The fees are also very less. In the placement drive of 2020, the highest package offered to the students was INR 49 LPA. Some of the top recruiters were IBM, Adobe, Accenture, Tata Steel, Capgemini, etc. The average package was INR 10.28 LPA.
Indian Institute of Management, Indore offers an Integrated Program in Management (IPM).
This is not just a general BBA program. It is an integrated program as the name already suggests. It has a very well-organized course curriculum. The level of exposure you will be getting at IIM Indore is much better than you can find at any other institute. Speaking of Symbiosis, it does not offer as much versatility and exposure as compared to IIM Indore, there will be huge differences in their course curriculum and teaching style.
The IPM program at IIM Indore has a 3-year BBA program and a 2-year MBA program. The first three years of the IPM program are being taught separately. The faculties are very knowledgeable and supportive. The remaining two years are merged with the flagship Post-graduation program.
So, IPM from IIM Indore is definitely better than a BBA from Symbiosis.
If you are planning to get admission into top B-schools in India for doing IPM program, then you must know that IPMAT Exam is the most critical exam. To crack this exam, you need to follow some tips, which are as follows:
Before the Exam:
During the Exam:
These tips will help you be in the best shape possible for such tough tests.
Various publications promise to help aspirants for IPMAT examinations with their books. In reality, these books are not worth your time. I believe that the syllabus for the IPMAT is at a similar level as that of CAT. So, it would be better for you that you buy popular books which aspirants use for the preparation of the CAT examination.
There are two sections in IPMAT - Quantitative Aptitude and Verbal Ability. To prepare for these sections, you can buy Quantitative Aptitude and Verbal Ability by Arun Sharma. Solve the LOD 1 and LOD 2 exercise available in the book.
It must be noted that books solely cannot help to cover the entire syllabus. You can additionally sit for Mock tests, communicate with mentors for insights and analyze the previous year’s papers. This will help you to get an improved idea about the fundamental structure of the examination.
You should always be in the present moment. It is far better to seize this opportunity rather than pushing what you have in hand in the hope of getting something better.
Many individuals have rejected IIMK in the past, believing that they would ace the CAT with a much higher percentile and gain admission to IIM A, B, or C the following year. Many of these people ended up scoring much lower and failing to progress.
You have a desirable offer that many people would have loved to have. You, on the other hand, know yourself better than anyone else. As a matter of fact, the final decision is yours.
The life of a student pursuing IPM at IIM Indore can be very hectic. Over the years, IPM has evolved a lot and is attracting more and more students as the years go by.
It is a tiring course, however. There is a lot of diversity in the IPM course. It also has a Student Activity Council (SAC). Its function is to organize events for the students in various domains. It is also in charge of conducting other activities and festivals on the campus and also acts as a bridge between IPM and IIM Indore.
This council has four committees, three clubs, 12 special interest groups, and the main teams of the national-level festivals of IPM.
The three clubs of IPM are as follows.
The hostels are allotted to the students of IPM as per what year they are in for the first three years. The rooms are well-furnished with a television area, and indoor games like badminton and tennis. There is wifi too.
IIM Indore boasts of an enviable sports complex. There are state-of-the-art facilities for both indoor and outdoor games. The fitness instructors guide the students through their expertise through strength training, aerobics training, flexibility training, cardiovascular training, etc.
Courses like IPM and PGP-HRM are bold, outstanding, and pathbreaking. It took great hard work for the decision-makers to start these courses. However, the amount of success for these completely depends upon the intention.
The real question would be, “Why IPM? Why Mumbai Campus? And why opting for HRM course?”. If the answer to all of these questions is “Money” then whether IIM Indore is doing right or not will depend on the number of admissions, fees, and the ROI.
If the answer to your question is “for a good career”, then the success completely depends upon the faculty, facilities, and placements. Even if the intentions are considered to be good, most government bodies do not take the lead and act from the front.
It is very confusing to say if the students are too ignorant to believe what they see or if the institutions are providing incorrect information
IPM offered by IIM Indore is a relatively new course. The lack of awareness regarding the course may have been a reason for regret for some students who joined initially. Here are some of the factors regarding the course which can be a bit concerning.
These are some of the things that students find most concerning about the IPM course.
First, for getting admission into any of the IIMs, you need to obtain a good score in the Common Aptitude Test (CAT) examination. Once you get a good score in the CAT, you will get calls from different IIMs to attend their Written Ability Test (WAT) and Personal Interview (PI). You will be shortlisted by the performance in the Personal Interview and your Essay. Other factors also play an important role in the overall decision such as the following.
Each IIM has its own weightage for each factor. Thus, for getting in any IIMs, the performance in the CAT exam, WAT, and PI is very important.