Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
Until what rank does the IPM IIM Indore merit list go for the general category?
This is something that will vary according to the year of admission. For any category, students up to a certain rank are decided according to the seats they have and are given provisional admission letters.
Thereafter if any student among them does not accept the offer and any seat is left vacant then only the next ranked candidate is offered the seat.
In previous years in the general category, students till the rank of 58 were offered the provisional admission letters and all others beyond the rank were in the consideration pool in case some students did not accept the offer.
How good is IPM at IIM Indore in terms of ROI (return of investment)?
My brother is a student of IIM Indore and according to him, the IPM program offered by the institute is not that good. Also, no other IIM offers IPM, which does say something about the course.
Compared to the course fees, the average package offered to the students is less. So the ROI for the IPM program is not that great. Here is a brief outline of the IPM program.
| Course Fee | 20 lakhs |
| Average CTC | 17 LPA |
| Major recruiters | Deloitte, BCG, Amazon, Cipla, etc. |
Also, you will not receive any proper undergraduate degree instead you get only an IGNOU degree which holds no value.
Is there any provision for lateral admission in IIM Indore IPM?
No, there is no provision for lateral admission in IIM Indore IPM. The institute you are currently studying in, the course that you are pursuing, and your scores, even if they are high; does not make any difference.
This is because IIM A, B, C, L, and I, all have their own methodology of teaching. All the other remaining IIMs are also on their way to become unique in their approach.
Apart from the Ph.D. program, the transfer of students is not encouraged. They do not want to put their teaching methodology and students’ career at risk.
However, if you want to get into the program, you can retake the entrance examination. You might then get a call for further rounds of GD and PI if you clear the pre-requisite requirements for age.
Why is there so much waitlist movement in IIM indore and Kozikode?
When you approach this issue analytically, it becomes surprisingly simple to comprehend. Here are a few of the best colleges along with an estimated number of seats overall.
- IIM Ahmedabad - More than 400
- IIM Bangalore - More than 400
- IIM Calcutta - More than 400
- IIM Lucknow - More than 400
- XLRI - Around 360
- FMS - Approximately 200
- SP Jain - Around 240
There are more than 2400 seats available if you only take the aforementioned colleges into account, and most students who are converting to those institutions will likely choose them over Kozhikode or Indore. The majority of those on the first list who convert also receive calls from these colleges, which convert them.
As a result, there is a significant overlap of candidates, which causes Indore and Kozikode to move up the waitlist quickly. Please keep in mind that the number of buffer calls made also affects how far along the waitlist a person is. Maybe the high waitlist movement is being caused by I and K making fewer buffer calls.
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.
How is IIM Indore hostel and classrooms?
The PGP Hostels at IIM Indore offer single rooms in separate blocks for boys and girls. Each room has a bed, a large wardrobe with a mirror, one or two chairs, a table, and plenty of storage shelf space. Washrooms are plentiful, but not on every floor. Rooms also have LAN ports. Daily cleaning of the rooms is performed.
Fans are adequate because the weather is pleasant during the monsoons and very cold during the winter. Views of the campus are an added bonus depending on the location of the room.
The classrooms at IIM Indore are both large and air-conditioned. They typically seat 75 to 80 students. Classrooms are outfitted with speakers and biometric attendance systems in addition to the standard blackboard and projector system.
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 is the fee structure for IIM Indore?
This year, My brother converted to IIM Indore and received the Letter of Acceptance, which includes information about the course fee as well as other minor details.
The IIM fee structure is as follows:
| Course fees | INR 8,10,000 |
| Refundable caution deposit | INR 50,000 |
| Mess Deposit | INR 45,000 |
| Medical insurance | INR 711 |
| Grand total | INR 9,05,711 |
IIM Indore is a really good institution for pursuing management studies, you will not be disappointed.
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.
SUBSCRIBE TO OUR NEWS LETTER
