The fee structure for the first years of IPM is as follows:
Tuition Fee | 3,000,00 |
Hostel Fee | 25,000 |
Mess Fee | 45,000 |
The total estimated payment for the first three years is 3,70,000. With this, a caution deposit of Rs. 50,000 is also required at the time of registration. This sum is refundable.
The fee structure for the 4th and 5th year of IPM (after combining with PGP) is consistent with the fee structure of the PGP Batch at the time. It is currently around 4 lakhs per annum.
With a little bit of effort, average students can get into IPM IIM Indore. If you have a flair for Mathematics and English and you have prepared well for the entrance, you should be able to clear the entrance examination.
The WAT and PI round differentiates the students who are good at solving MCQs from those who have good conceptual clarity, knowledge, and presence of mind. If you have these qualities, it won’t be that difficult to get admission to IIM Indore IPM program.
I have about 5 friends studying in IIM Indore and they have had good experiences. Here is a brief about IIM according to my friends.
Placements:
Infrastructure:
Faculty:
Overall, if you have secured a seat at IIM Indore, brace yourself for a lifetime experience of learning and fun.
MICA is an excellent choice for Digital Marketing and Advertising. The institute has a great faculty base. The placement opportunities offered are pretty good. MICA placements 2022 ended with an average CTC of INR 19 LPA. While the highest CTC offered was INR 57.51 LPA.
If you aren’t sure about specialization and want to explore different domains, choosing IIM Indore will be better.
It could be answered in terms of placement offers or in terms of actual campus life and the lessons learned here.
The top 100 students received packages worth an average of INR 37.95 Lakhs, while the top 200 students received compensation worth an average of INR 32.75 Lakhs. The institute's median salary increased by 6.6% to a new high of INR 24.09 Lakhs. On campus, the highest package available was INR 49 Lakhs.
Second, IIM Indore will never let you down. The infrastructure is incredible and on par with global standards. The 200-acre lush green campus will make you feel right at home. The well-equipped, air-conditioned classrooms, sports and gym facilities, auditoriums, and extensive library collections are all industry standards.
Not to mention the outstanding professors. In fact, they are the most important aspect of learning here. The institute has ensured a good faculty strength with a faculty strength of over 90. This, combined with an excellent course framework, ensures a thorough understanding of subjects and interactive sessions.
The most important aspect of your time there is going to be the people. A batch consists of 450 students. The large batch strength and diversity teach you a lot. You meet people from various backgrounds who are gifted and have brilliant ideas. IIM Indore is an excellent institution. If you are perplexed by your options, consider joining them.
The majority of coaching classes often confuse the real purpose and meaning set behind an IPM programme. Surprisingly enough, they mostly treat it as they do to a regular BBA+MBA programme, without actually recognising the difficulty level essentially associated with it.
Paying a bulky fee to coaching centers can oftentimes prove to be unnecessary. Your self-study, mostly combined with a vivid general knowledge, can suffice the needs of the exam.
Securing a seat in any IIM is difficult, especially IIM Ahmedabad, Bangalore, Kolkata, Indore, Kozhikode, and Lucknow. A percentile of 99 or 100 is not particularly enough for acquiring seats in the institutes mentioned above. The cut-off, however, differs from one year to another.
You must have 90% in your 10th and 12th examination, alongside 80% in your graduation.
However, with scores you have achieved, you still have the opportunity to grab a seat at IIMs that are located at Jammu, Simaur, Sambalpur, Gaya since they are recently established. Apart from that, you still have the open option to choose other B-Schools that are comparably better than the newly established IIMs.
CAT is the first stage entrance exam for all IIMs and many non-IIM colleges. Following the CAT results, you will be shortlisted for the second round based on a few parameters. These parameters include:
In the second round, any of the following skills will be tested using a combination of Personal Interview-
Different IIMs select different skills to assess, and this varies from institute to institute. After passing the second round, you will be offered admission based on your overall performance in the first and second rounds, as well as the availability of seats in a specific IIM.
According to one of my friends, who is an alumnus of IIM Indore, books like Pearson’s are not sufficiently good for preparation. Most of them are outdated and follow the old syllabus and the question type that was asked previously during the exams. If you want to crack the entrance exams for IPM, then you need to be consistent while preparing for the exam and thorough with all the concepts.
You can refer to the basic NCERT books along with Wren and Martin's latest edition for the same. These books can help you immensely to improve your vocabulary.
Be consistent with your preparation, and you should be through.
Well, this is something that cannot be correctly predicted. No one can tell you the exact number till which the waiting list can get clear. If I can vaguely remember, last year the waiting list moved till 45, I am not sure though.
However, since the program is gaining more and more popularity with time, I am quite sure that this number will descend. If you are on the waiting list, I would suggest you keep your fingers crossed and hope for the best to happen.