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What is the daily routine of an IIM Indore IPM student?
There is no fixed routine for an IPM student at IIM Indore. It will vary from person to person. Mostly you will have 4 classes in a day on average starting from 10:15 AM and going on till 4:15 PM.
Some days you may have no class and someday you may have 6 classes. But 4 classes in a day is pretty common.
Apart from the academics, you will have other commitments such as group projects, live projects, research studies, worrying about internships, clubs and committee works as well as fests, hangouts with friends and many more.
You will get to sleep 10 hours a day sometimes and on other days you will hardly get 2 hours of sleep in a day. On average, the day of an IPM student starts at around 8 AM or 9 AM and goes on till 2 AM or 3 AM at the midnight.
Which college is better, IIM Indore or JBIMS Mumbai?
JBIMS Mumbai is better, especially for Finance specialization. It offers a better ROI compared to IIM Indore. The course fees are around INR 6.05 Lakhs. While the average CTC offered is around INR 27.63 LPA according to JBIMS placements 2022. EY, PwC, Deloitte, Accenture, etc. were some of the major recruiters that took part in the placement drive.
The institute has an excellent alumni base, the networking opportunities are ample.
Is an IIM Indore 5 year program worth it? What salary could one expect? Is it equivalent to doing the IIM MBA after the UG?
It is not equivalent to an IIM MBA because the candidates do not pass the CAT exam. As a result, the industry has not yet accepted the 5-year program.
In the five years that an IPM student spends at the institute, he or she is exposed to a plethora of excellent opportunities. Apart from institutionalized opportunities like social placements (after the third year), foreign exchange (9th term), and summer placements (4th year), there is a lot that happens as a part of the Students Activity Council. There are regular competitions for IPM students that not only award cash prizes but also provide excellent opportunities to interact with new people, make contacts, and learn new things.
What's the secret to cracking the IPM entrance at IIM Indore?
According to some of my friends studying at IIM Indore it is your hard work and skills that would be your best companion in cracking the IPM entrance at IIM Indore.
There are a few stages in cracking IPM entrance. They are as follows:
IPMAT
- For cracking this stage you would require to have a decent knowledge of your 11th and 12th mathematical topics.
- Topics such as sets, functions, probability, permutations and combinations, algebra, coordinate geometry, areas and volumes, matrices would be necessary.
- For solving these topics in the quantitative section, you would be assigned limited time.
- The questions are usually tough.
- A total of 60 questions would be provided for you to solve in 75 minutes.
- However, the cutoff is 40 marks.
- To score well, it is advisable that you sort the logical reasoning questions beforehand to have enough time in your hand to solve other mathematical questions.
- Begin with solving simpler mathematical questions.
- Next is the verbal section. This section consists of a medium level of vocabulary questions and passage-solving questions.
- If you are fluent in English then this section would be easy. It is advisable to read English newspapers on a daily basis.
WAT and the Interview
- These take place simultaneously.
- WAT is conducted to assess the candidate’s level of English proficiency.
- It is an essay writing question.
- You need to keep up with the recent events to have an upper hand in WAT.
- The Interview is a little complicated.
- The questions are usually asked from your core subjects.
- Questions related to current events and related to politics are also asked in the interview.
Do not hesitate while answering and confidently answer the questions asked and you would be able to crack the exam easily.
What is the fee structure for IIM Indore?
As per the updated fee structure for PGP program (batch 2023-2025), the course fee for Indian residents is Rs. 10 Lakhs per year. It is Rs. 15 Lakhs per year for International students.
Other fees include a medical insurance premium of Rs. 679 per year, a mess deposit of Rs. 54,000 in the first year, and a refundable caution deposit of Rs. 50,000 in the first year. The course fee and mess deposit is payable in three installments. An alumni fee of Rs. 11,800 is payable in the second year.
For more details, you can visit the official website of IIM Indore.
What was the average package given to the students of first batch of IPM course - IIM Indore?
My friend belonged to the first graduating batch of IPM participants. Currently, he is well placed in a reputed company. Here are a few insights you need to know according to his experience back then.
- Most of his batchmates bagged offers from pioneer recruiters like Credit Suisse, Deloitte, Nomura, JP Morgan, HDFC, IndusInd Bank, IBM, ICRA Management Consulting, Tata Sky, UAE Exchange, etc.
- The batch received good feedback from the recruiters in the first placement season of IPM that was highly encouraging. A leading credit rating agency remarked, “We found the candidates to have a good understanding of concepts and confidence to face the demand of the corporate world.”
- Most of the students were offered a finance role with the average salary package being 11.96 LPA, including International offers such as EA to CFO & MD by a leading international foreign exchange company.
Overall, the placement record for the first batch of IPM was surprisingly great. With an average package of 11 LPA and the highest package of about 30 LPA, IPM of IIM was a huge success.
Can you share your IIM Indore interview experience?
Below is the profile and experience of one of the students who has done Mechanical Engineering Graduate from NIT Surat and has given an IIM Indore interview.
Profile - X/XII/B Tech: 95/95.6/84.7/CAT- 99.07, currently working in RIL.
There were only two panelists present during his interview, both of whom were in their forties. They started the interview by asking the student for a brief introduction, including his hobbies, interests, strengths, weaknesses, work experience, and so on. They used to frame other questions about him or his subjects based on the student's responses. They also evaluated his general knowledge, current events knowledge, and mental alertness.
You must review your bachelor's course material, remain informed about world events, see a basic understanding of the nation's economy and finances, and be extremely knowledgeable about your professional experience. Make it a habit to read the newspaper on a regular basis.
Can I give the IAS exam after a 5 year IPM course from IIM Indore?
Earlier you could not give the IAS exam after completing IPM because after 5 years you were not awarded a degree but a diploma certificate.
It has changed now, IPM offered by IIM Indore is a full time degree course and not a diploma course.
It is an Integrated program, which means the 5 years of the program will include both Bachelor’s and Master’s degree in the Management field.
| Categories | IPM at IIM Indore |
| Course Fee | 26.00 lakh |
| Highest CTC | 35 LPA |
| Average CTC | 15 LPA |
| Lowest CTC | 8 LPA |
| Recruiting Companies | Deloitte, Goldman Sachs, Nestle, Capgemini, etc. |
If you are interested in pursuing management studies after your high school graduation, class 12th, then you can easily opt for IPM at IIM Indore.
Is IPM IIM Indore T.I.M.E online coaching good?
One of my friends took T.I.M.E online coaching for IPM at IIM Indore and having read online reviews from similar aspirants here are some things I got to know.
- This is a 5 years course. The reviews are average. A good path would be to go for CAT after your graduation.
- But if T.I.M.E is what you want, then it is undoubtedly a good coaching institute for the CAT exam preparation. However, it will only help you if you do serious preparation.
- During the offline coaching, things would be different and you can perform much better than while learning at online coaching.
It is suggested that offline preparation in TIME would be much better than enrolling online. So try to enroll in a classroom course if possible.
Is there any difference if I do MBA in IIM Indore through integrated program or get into IIM Indore through CAT?
Yes, there are a lot of differences between these two courses. After your successful completion of the integrated program, you will be awarded an Integrated Diploma in Management. And after the successful completion of a postgraduate diploma, you will be awarded Post Graduate Diploma Management.
- You will not receive an MBA degree after completion of any of these courses from IIM Indore because all the IIMs do not fall under the Universities Grant Commission Act.
- There is a great practical understanding between the PGP students as they belong from different backgrounds, different colleges, and have different kinds of work experience.
- There is an added advantage to IPM students as they get rounded development over the period of 5 years in a business environment while the CAT exam is being cracked by 90% of the engineers.
- But the syllabus for both these courses is the same and there is no distinction. The classes, programs, and activities, and even the placements of both PGP and IPM students are conducted together.
Hence, there are a lot of differences between the two courses like certificate and study environment, but in the end, their course structure is similar and the placements are also conducted together.
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