What is your review of IPM course at IIM Indore?

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Satvik Rastogi Posted On - Jan 3, 2023
Bcom (Hons) in Bachelor of Commerce with Honours, Shri Ram College of Commerce (Graduated 2020)

Every coin has two sides. Similarly, every college has its pros and cons. My review of the IPM course will list the pros and cons of IIM Indore and its IPM course. Fortunately, the pros overshadow the cons to a large extent

Pros

  • Early admission - The eligibility criteria of the IPM program allows students who have passed out of class XII/Higher Secondary or equivalent from schools across India to apply. So even a 12th pass-out gets the opportunity to get into IIM.
  • Comprehensive Curriculum - The uniqueness of the curriculum lies in the fact that it teaches many areas and not just management. The course is coveted by many due to its high rigor and worth.
  • Brand name - The IIM tag can be attached to an individual's profile right after the 12th without having to do a separate undergraduate course in any other field of study.
  • Placements - The placement scenarios are much better than that of engineering and law colleges. Even as a fresher you land a job of around INR 12-15 LPA. Whereas engineering students start their careers with nothing more than 3-7 LPA.
  • Division of courses - The Programme consists of 15 terms spread over a period of 5 years, with each year having 3 terms of 3 months. The subjects of the initial 3 years focus on the foundation and the last 2 years have core subjects that focus on Management.

In addition, there are humanities, literature, and skill-building courses, along with an option to pursue a foreign language. The IPM also has a group of subjects called ‘bridge courses’. They comprise courses related to information technology, intellectual property rights, or introduction to corporate law.

Cons

  • High fee structure - The biggest con of any IIM is its extremely high fees. The IPM is one of the most expensive graduation courses. Its fee is INR 500000 per year for the first 3 years. Approximately the total cost of this program is INR 3500000.
  • Limited Scope - The program offers very little future scope. This is because even if you decide to leave after 3 years, you will want to pursue Management itself. But leaving after spending so much on graduation is not easy. Also, people usually leave if they get a call from a better IIM. In that case, why did you even pursue graduation at such a high cost?
  • No specialization - The IPM course offers no specialization in Graduation.

Choose wisely after weighing the pros and cons according to your convenience and interests

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