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How do I start preparing for IPM IIM Indore, effectively?

RP
Radhika Patel Posted On : August 28th, 2021
Studies MBA (Finance) at IIM Ahmedabad

The first thing you should focus upon is brushing up your grammatical skills, alongside your vocabulary. You should understand the fundamental topics of the 10+2 mathematics section, including basic functions and probability. 

Most of the quantitative ability questions, while being essentially hard to solve, are of the level of class 9 and 10. However, there are times when certain questions can be trickier than others, even if you are good at Maths. 

Practice improving your calculation speed since the time allotted is crucially low. The time allotted is 75 minutes with 45 minutes reserved only for the quantitative section. 

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What is the scope for further studies after IIM-Indore's IPM?

AM
Anumita Mukharjee Posted On : March 27th, 2023
Studies at Indian Institute of Management Indore

The IIM-Indore's IPM (Integrated Program in Management) is a five-year undergraduate program that provides a comprehensive education in management studies along with foundational knowledge in liberal arts, humanities, and social sciences. Upon completion of the program, students earn a dual degree of Bachelor of Arts (Foundations of Management) and Master of Business Administration (MBA).

The IPM program is designed to equip students with the knowledge and skills necessary to pursue careers in various industries such as finance, marketing, operations, consulting, and entrepreneurship. 

However, if you are interested in pursuing further studies after completing the IPM program, there are several options available to you:

  1. MBA: Many IPM graduates choose to pursue an MBA from a reputed institute to further enhance their management skills and knowledge. An MBA degree can help you specialize in a particular field of management and increase your career prospects.
  2. Masters in a specialized field: You can also opt to pursue a master's degree in a specialized field such as finance, marketing, operations, or entrepreneurship. This can help you gain expertise in a particular area of management and enhance your career opportunities.
  3. PhD: If you are interested in research and academia, you can pursue a PhD in management studies or a related field. This can lead to a career in teaching and research in prestigious academic institutions or research organizations.
  4. Professional certifications: There are several professional certifications available in various fields of management such as finance, marketing, human resources, and operations. These certifications can help you gain specialized knowledge and skills and enhance your career prospects.

In conclusion, there are several opportunities for further studies after completing IIM-Indore's IPM program. You can choose to pursue an MBA, a master's degree in a specialized field, a PhD, or professional certifications to enhance your knowledge and skills in management studies and increase your career prospects.

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Which book is best for preparation of the IIM Indore IPM?

HS
Himani Sahu Posted On : August 30th, 2021
Student at Indian Institute of Management Indore (2019-present)

To get admission to IIM Indore, you have to clear the CAT exam successfully and it is considered one of the toughest exams in India. But here are the names of some of the best books which will be very helpful for the preparation for the CAT exam.

Pearson's IPMAT Book :

  • This is a very popular book for IPMAT. It is one of the oldest books for CAT preparation and it also includes analysis of past year patterns. 
  • The latest version of this book would be more refined and will have some more valuable information that will be needed for your preparation. 

Arun Sharma :

  • This book is very popular for CAT quant preparation. 
  • The first two levels of this book can also be used for IPMAT quant preparation. 

Maths NCERT Book :

  • This book is very underrated as many students don't give much importance to this book. 
  • But this book is very important for your maths preparation. 
  • There will be many questions in the exam based on this book. 

Others :

  • Apart from these books, also go through some coaching materials such as TIME's career launcher, online coaching videos as these include valuable information. 
  • Practice previous year’s question papers as this will give you an idea of how tough the exam is going to be. 

Hence, these are some of the important books which will be very important for your CAT preparation. If you go through all these books then you will surely clear the CAT exam and get admission to IIM Indore. 

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The fees of the IPM course at IIM Indore are too high. What is an alternative?

UG
Utsav Ghose Posted On : August 28th, 2021
Studied at Indian Institute of Management Indore

The total fees for IPM are nearly 20 lacs, but the returns will also be equivalent to the invested amount. You will be getting an IIM Degree and a chance to study with some of the best brains in the country.

There are many banks that will finance your education. Banks usually provide full education loans for students. Canara bank provides a full educational loan without any collateral. There are some scholarships as well such as the NBFA scholarship that are given to students of IPM.

But it is important to remember that the course will make them a better future if the candidate is ready to work hard and conquer all the challenges.

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Is there anyone in IPM IIM Indore batch with less than 90 percentage in class 10th and 12th?

MA
Mayank Aggarwal Posted On : March 28th, 2023
IIM MBA in Finance

 Yes, there are people who scored below 90% aiming to get into IIM Indore. Here are some things to keep in mind if you're in this situation:

  • To get into IIM Indore, you need to qualify for the entrance test with high scores since the paper deals with sectional cut-offs.
  • After qualifying, you need to excel in the interview, where you will compete with people who scored over 90% - 95%.
  • Being exceptional in your subject matter knowledge is key to performing well in the interview.

It's difficult but not impossible to get into IIM Indore with scores below 90%. Attitude and aptitude both matter.

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What are the drawbacks of doing IPM in IIM Indore?

AM
Apoorva Mukharjee Posted On : April 4th, 2022
studied at Integrated Programme in Management, IIM Indore (2021)

Here are some drawbacks of the IIM Indore IPM program. 

  • The duration of the course is five years. It is a long-term commitment. You can’t exit the program after three years. Choose this program, only if you want to do an MBA. 
  • The course is expensive. IIM Indore IPM fees are around INR 4 lakhs. 
  • If you want to specialize in a particular subject during your UG, then this is not the right course for you. The first three years of this course are general for every student. 

The coursework of IPM is hectic. It won’t leave you with much free time to pursue any interest or hobby. 

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Are there people who got selected in IIM Indore IPM with poor academics?

AS
Aakash Singhal Posted On : August 28th, 2021
B.Tech in Computer Science, Delhi Technological University (2019)

Absolutely, it is true. It has been seen that many students who have average academic scores are selected in IIM Indore for the IPM course. Basically, the selection is based on the criteria that include aptitude test score, personal interview, and written ability test for which the scores required are 50 percent, 35 percent, and 15 percent respectively.

The panelists in the interview can ask various questions related to the low academic score but if you can tackle the situation with some of the respectful reasons then there is a high possibility for your selection.

Lastly, we can say that despite your low academic score you can manage to get into IIM Indore for the IPM course by giving your best into the personal interview and written ability test.

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Is preferring IPM from IIM Indore over engineering a good decision?

PM
Pankaj Mishra Posted On : August 28th, 2021
B.Sc Economics(Honours) Symbiosis School of Economics, Pune, Symbiosis International University, Poona (2020)

According to one of my friend's personal experiences, you should recognize what you want to do in life further. Whether you want to continue in a technical field or a management field. The next thing is the decent package and the prestigious company, you get your placement.

If Engineering is your choice -

  • If you manage to get into IIT Kharagpur or IIT Bombay and spend approximately INR 10 Lakhs for the entire course. 
  • Then the salary package you receive is INR 10-11 LPA. 
  • So in this case you can clearly demarcate the difference between expenditure and earning. 

If IPM is your choice -

  • If we consider that you have taken the IPM course in IIM Indore and spend INR 26 Lakhs till the completion of the course. 
  • Then get the placement of around INR 17-18 LPA.

Comparing these we can see that by the time your package reaches INR 12-13 LPA being an engineer from IIT, the salary of the IPM graduate reaches very high. So this is where the difference is being created.

Thus we can say that rather than just focusing on return on investment, look for the average package that will last for your entire life.

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How can a science student prepare for IPM IIM Indore?

AS
Ankita Sinha Posted On : August 28th, 2021
MS by Research from International Institute of Information Technology, Hyderabad (2020)

Being a Science stream student does not make a very bigger difference when it comes to IPMAT by IIM Indore. The exam has Quantitative Aptitude (QA) and Verbal Ability (VA).

The students from Commerce or Humanities background who have Maths and English as their subjects in Standard 12th have actually same chances as a student from Science background.

The Science stream student who is also preparing for other competitive exams such as JEE may have some advantages in the QA section.

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Is the IPM program at IIM Indore very competitive? How many students take part in the IPM test every year on an average & what's the awareness level of IPM?

BR
Bhavna Rastogi Posted On : September 3rd, 2021
IPM from Indian Institute of Management Indore (2022)

IIM Indore is a major deal in and of itself. According to my friends studying at IIM Indore, around 15000 students (approximately) took the aptitude test last year.

  • This year's figures will rise as the IIM bill is enacted, and the first class of IPM graduates is placed 100% of the time, with an average package of 17.5 lakh. 
  • In the following years, it will undoubtedly be difficult. 
  • For the past three years, IPM has received between 15 and 19 thousand applications. 
  • Every year, 120 people are accepted. 
  • As a result, the math would lead you to believe it's more difficult to get into, than IITs and other prestigious institutions. 

But that is not just the case, you can get in if you have above-average intelligence and can solve problems quickly. If you approach the interview casually, admission can become difficult.

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