The IPM program at IIM Indore primarily focuses on students who complete their higher secondary. The program is similar to pursuing a 3 year BBA course, or graduating in Economics and moving on to MBA.

Here are some points you might want to take into account before deciding on IPM.

• Following the completion of your BBA degree from one of the top 10 institutes, you might want to choose to go for an MBA via CAT, XAT, XAT, GMAT, or others. In graduation, you will definitely have an edge over the students of IPM. But having the IIM tag definitely offers some advantages.
• However, if you become eligible to enroll at one of the major top 10 B-schools in India following the completion of BBA, then you will have an upper hand nonetheless. In this case, you will not regret the decision of not pursuing IPM.
• One of the most essential topics to discuss is the fee structure. IPM, by far, costs students over 30 Lakhs.

However, if you still go on to choose IIM, then the brand value it offers, can undeniably be beneficial over several other engineering students because of the diversity rule of IIMs. So, for the IPM program, if you are getting it. Otherwise, you can choose to do an MBA after your graduation too.

One of my cousins is a part of the institute, and since he belongs from a non-maths background, he was able to elaborate on the situation. Here is what he had to say.

The journey can undeniably be difficult for non-Math students but it is not impossible. There are other students, alongside my cousin, who is in the same situation but are still managing to do good as other students with a Maths background. They are securing more than average in most quantitative subjects.

You will need to put in extra effort to do well in quantitative subjects. But you can as well as any student from a Math background if you are willing to work hard.

Thus, it depends upon how you choose to prepare and strategize.

This is entirely a matter of your choice or preference. Both these courses have a very different offering from each other in terms of learning. One is a double bachelor (BA LLB) and the other is a Bachelor's + Master’s degree (BBA-MBA). You can choose one or the other on the basis of your interest. If you are someone who wants to pursue a career in law and be a lawyer, you should pick the course from NLSIU, and if the Management and business side of things is where your interests lie, the clear choice is IIM Indore.

If placements are what concern you, IIM Indore is the winner as compared to NLSIU. IIM Indore’s Integrated Programme in Management has an average pay package of about 20 lakhs per annum which is way more than NLSIU’s median at 12 lakhs per annum for a BA LLB graduate. Along with this, IIM Indore also offers opportunities to be placed abroad, and those who get placed abroad can get a package up to 90 LPA, on the other hand, NLSIU doesn’t have much scope for placements abroad and the few that take place don’t garner more than a 20L PA package.

One of my cousins is a student of IIM Indore. Let me share his experience which might give you a basic idea. 

He says that you can definitely leave the IPM program after the initial 3 years, but it will not reap benefits at the end of the day. Your choice can allegedly become futile.

You can undeniably leave following the initial 3 years of the IPM program, but because it is an integrated 5-year course, you are not supposed to receive any sort of certification or testimonial after the completion of the first 3 years of your study program. 

You will significantly have to leave with an IGNOU degree and 3 years of IPM education that is not vitally certified or even recognized. Leaving a course midway will definitely not be helpful, since the only accessible certification you will go on to receive is from IGNOU. It can possibly be extremely difficult to further acquire admission in any other renowned B-school following your dropout. Thus, leaving mid-course is not highly recommended.