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Should I go for an MBA in IIM Indore or wait another year for better opportunities?
You should go for IIM Indore. It is a reputed B-School with excellent facilities and academics. IIM Indore placements are also pretty good. During the 2022 campus drive, students received an average CTC of INR 25 LPA. BMW, Cisco, and Accenture Strategy were some of the major recruiters. Joining IIM Indore will be worth the investment.
CAT is highly competitive. You can’t be certain that you will get a good score next year. So, joining IIM Indore will be a wise choice.
Is a 4-year tri city BBA course of SPJ better than a 5-year IPM at IIM Indore?
IPM does not offer a BBA degree but you will receive a BA degree for your undergrad coursework (Foundations in Management). The subjects taught at the undergraduate level are vastly different from those taught in any other BBA program. Any decision based on an assumption about the IPM curriculum can land you in big trouble.
Returning to the question, I'm not familiar with the specifics of the four-year Tri-City programme, but I'm sure it entails a lot of learning from an institute like SPJ.
- Having said that, IPM and the aforementioned course can be compared on the same scale.
- Two degrees from IIM Indore (one of which is the regular MBA that other PGP participants are entitled to) is an incredible value that cannot be matched by any other BBA programme in the country.
- Other benefits include the environment and opportunities that come with being a student at an IIM.
Comparisons can be made when other IIMs launch courses similar to IPM, which does not appear to be happening anytime soon. Until then, IPM would be a clear winner in terms of undergrad management education.
Can we leave IPM (IIM Indore) program after first 3 years?
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.
Do 12th board marks matter a lot in IPM IIM Indore admissions?
You must, however, also be taking the entrance exam for other programs. The following are the causes:
- The 5-year IIM Indore program is not the best or the most worthwhile route to graduation for anyone. Nobody, however, can contest the opportunities for employment and other benefits.
- It is very expensive.
- You may regret not taking additional science or social science courses during your undergraduate or graduate studies. You should always keep in mind that you can take business studies at any point in your academic career.
How can I prepare to smartly target the CAT or the IIM Indore exam?
The PG programs in IIM Indore usually consider admissions through the CAT exam. However, in case you are referring to the IPM AT for the 5-year integrated program, then it cannot be compared to CAT, since they are completely different from each other. IPM AT is for UG students while CAT is for PG courses.
Having said that, the basic preparation steps for any entrance exam need basic steps of preparation.
- You should be aware of the exams, as well as the pattern, the syllabus, and others. For similar purposes, you can take a look at the sample papers of previous years, or several mock test papers, if required.
- You must assess your own level of aptitude, whenever necessary, and prepare thoroughly.
- You should work to strengthen your fundamental knowledge.
- Evaluate your base by taking the mock test papers and analyze each answer when done. Further, prepare a strategy that can incentivize your scores in the exam.
These are the basic steps to look forward to when preparing for the exam.
How should I start my preparation for the IPMAT IIM Indore, and what book should I refer to?
One of my friends graduated from IIM Indore. According to him no one book can get you the entire arena. You need updated material, mocks, analysis, mentor , corrective measures and doubts resolution mechanism.
His recommendation is that you start your preparation from your 12th grade. Here are some suggestions –
- You should have a copy of the syllabus.
- Make a schedule.
- Determine the most significant themes and questions.
- Revise the concepts.
- Make a few quick notes.
- Prepare for brief questions as well.
- Make a list of relevant flowcharts and diagrams, as well as significant notes for that subject.
- Practice the crucial diagrams and flowcharts from your golden book one day before the exam.
- If at all feasible, give a mock test.
R S Aggarwal's books Verbal and Nonverbal Reasoning and Quantitative Aptitude are useful books you can follow. Also these can be obtained from the experts' test preparation books.
Is it hard to get into IIM Indore?
One of my cousins graduated from IIM Indore and having read online reviews here are some facts that might answer your question. All the IIMs are very different in their way.
IIM Ranchi is known for HR, IIM Kozhikode is known for its blend in entrepreneurship, similarly, IIM Indore has a different set of variables for it.
IIM Indore is one of the top viewed IIMs in India standing at number 5. Being ranked as the top 7 IIM by NIRF, IIM Indore is widely known for its emphasis on academic records.
You should secure at least 80% in your academic records of 10th, 12th, and Graduation to seek a call with a decent percentile in the CAT exam. Around 95 percentile, especially for the General category. But if you don't have a good percentile before, at least score 99 percentile in the CAT exam to receive the call.
If you do not score well in the CAT exam, it might get a bit difficult for you to get admission. If you manage everything else, make sure you are well prepared for the GD-PI round. This will determine your final selection.
Which is better, B.Tech IIT & MBA IIM or IPM IIM Indore?
IPM IIM Indore, and B.Tech. IIT are not any better.
Many engineers pursue their MBAs after completing their engineering degrees. Because management and engineering jobs are distinct and an MBA should be pursued in the engineering field after gaining some experience, employers are becoming warier of hiring such people today.
Many students discover they are not interested in their chosen field and subsequently lose interest in engineering or management. So, you must first decide what you are interested in. Both courses are worthwhile, but only after you determine your areas of interest.
If you are only interested in the management sector, choose IPM; however, if you are interested in engineering, choose IIT because getting into this esteemed institution is already a herculean task. Additionally, keep in mind that no institute can guarantee great success unless you pursue the courses with a laser-like focus and are prepared to put in the work. As such, choose your course with the utmost concentration.
How do I prepare for IIM Indore (IPM) without coaching?
If answering questions is a habit for you, the NCERT book is sufficient. Be sure to read through each and every example. The quant portion would be more or less covered by that.
You can purchase a few competitive books by local authors for the logical reasoning, comprehension, and related section, which calls for time-bound critical thinking. As much as you can, speak English with your friends.
Keep in mind that the foundation must be solid. Try using your fundamental knowledge to step-by-step solve even the most challenging problems. Even if you think the practice questions are simple, don't skip any. Solve problems using paper and a computer. To learn time management, take practice tests.
Do banks give loan to IPM students of IIM Indore?
Yes, banks like the State Bank of India and Canara Bank do offer loans. Due to the fact that these loans are primarily for education, you only have to pay interest at a floating rate for the duration of the course. Several other private banks also offer student loans.
After the course is over, you begin making principal payments. Also, there is a 6-month restriction on student loan payments. This means that until you complete the course plus six months after the course, neither you nor your parents or guardians are required to make payments on the loan. After the moratorium period, you must begin making monthly loan payments or risk losing your home.
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