The Indian Institute of Management Indore (IIMI) is an autonomous public business school in Indore, Madhya Pradesh in India. Instituted in 1996, IIM Indore is the sixth addition to the Indian Institute of Management (IIM) family of management schools.
Launched by IIM Indore in 2011, the five-year Integrated Programme in Management (IPM) is the first of its kind program in India. The Association of MBAs, London (4th and 5th Year) has accredited the program.
It is an extracurricular and innovative program for young students with leadership and management dreams. IIM Indore aims to draw young students and shape them into exceptional leaders, employing a world-class education through the IIMI-IPM.
The Key objective of the IIM Indore IPM program is to produce contextually relevant, socially-conscious managers and leaders with a foundation of world-class education in social sciences followed by management education.
The Integrated Programme in Management (IPM) at the Indian Institute of Management Indore (IIMI) is a five-year course with its fee structure divided into two phases:
For Indian students, the total cost for the initial three years is approximately INR 17,14,133. This includes expenses for tuition, lodging, internet, and library access. Additional fees include a refundable caution deposit of INR 50,000 in the first year and an annual mess deposit of INR 54,000. Medical insurance premiums are also applicable each year.
The final two-year fees correspond to the current Post Graduate Programme (PGP) charges. Presently, the PGP fees are approximately INR 21,17,158 for two years. However, these figures may change, so it's recommended that you refer to the official IIM Indore website for updates.
To be eligible to appear for the IIM Indore IPMAT (Integrated Program in Management Aptitude Test), candidates must fulfill the following criteria:
The selection process for the IIM Indore IPM program consists of two stages. Candidates are evaluated based on their performance in the IPMAT-Indore, Personal Interview (PI), and assessment of previous academic records.
Only candidates meeting the criteria at each stage will be considered for final selection, and a category-wise merit list will be prepared based on the Composite Score (CS).
The IIM Indore Integrated Programme in Management (IPM) is a five-year undergraduate course tailored for students aspiring to build a career in management. The IPMAT entrance exam is pivotal in the selection process and is held annually. The exam consists of several sections, including Quantitative Aptitude, Logical Reasoning, and Verbal Ability, designed to evaluate a candidate's analytical, problem-solving, and language skills.
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IPMAT-Indore Paper Pattern |
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Section |
Questions |
Time (Minutes) |
Marking Scheme |
|
Quantitative Ability (MCQs) |
30 |
40 |
+4 for correct, -1 for incorrect |
|
Quantitative Ability (Short Answers) |
15 |
40 |
+4 for correct, No negative marking |
|
Verbal Ability (MCQs) |
45 |
40 |
+4 for correct, -1 for incorrect |
The IIM Indore IPM stands for Integrated Program in Management, a program meant for young aspirants of management and leadership. It is aimed at students who have passed out of class XII/Higher Secondary or equivalent from schools across India.
B.A. + MBA = IPM (Indore) Degree
Inspired by IPM programs abroad, this course combines 3 years of Under-Graduation studies with 2 years of Post-Graduation studies or master's.
The Integrated Programme in Management (IPM) at IIM Indore is structured in two main parts: the Undergraduate Phase (Years 1-3) and the Postgraduate Phase (Years 4-5). This comprehensive program is designed to provide a seamless transition from an undergraduate education to a management-oriented postgraduate study within five years. The Program structure of IIM Indore IPM consists of 15 terms spread over a period of 5 years, with each year having 3 terms of 3 months.
In the first three years, students focus on building a strong foundation in core subjects such as:
These are the years when students are better prepared for business challenges as they learn more about academic disciplines. This curriculum is supposed to prepare them smoothly to be placed in the management-oriented courses in the postgraduate phase.
The postgraduate phase emphasizes specialized management courses and advanced business concepts, preparing students for leadership roles. The Key features of the Postgraduate Phase are as follows:
The postgraduate phase aims to develop managerial acumen and leadership skills so that the students graduate ready to take executive roles in leading organizations.
The first three years build a foundation, and the last two years focus on management.
The students who complete the Integrated Program of IIM Indore IPM at the end of the third year will be conferred with a Bachelor of Arts (Foundations of Management) and Master of Business Administration under the Dual Degree Program.
IPM students at IIM Indore must also do a social internship at the end of year 2. Besides the social internship, IIM Indore IPM students must also do a business internship with the PGP students between the 4th and 5th year.
The curriculum at IIM Indore combines rigorous academics and practical learning to prepare students for dynamic leadership roles in a globalized business environment. It focuses on a holistic approach to management education by integrating foundational knowledge with contemporary trends, industry exposure, and skill development.
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IPM Indore Curriculum |
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TERM |
NAME OF THE COURSES |
NUMBER OF CREDITS |
|
Term I |
Microeconomics-I |
4 |
|
Differential Calculus |
6 |
|
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Statistical Methods-I |
6 |
|
|
Sociology-I |
4 |
|
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Philosophy-I |
3 |
|
|
Language Skills in English-I |
2 |
|
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Introduction to Algorithms |
2 |
|
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Dance-I |
4 |
|
|
Drama-I |
4 |
|
|
Physical Training + Sports/ Social Work |
Non Credit Compulsory Course |
|
|
Term II |
Macroeconomics-I |
4 |
|
Integral Calculus |
6 |
|
|
Probability-I |
6 |
|
|
Psychology-I |
4 |
|
|
Language Skills in English I (Part B) |
2 |
|
|
Introduction to C |
4 |
|
|
Drama-II |
4 |
|
|
Dance-II |
4 |
|
|
Physical Training + Sports/ Social Work |
Non Credit Compulsory |
|
|
Term III |
Microeconomics II |
4 |
|
Linear Algebra |
6 |
|
|
Sampling Distribution & Statistical Inference |
6 |
|
|
Political Science I |
2 |
|
|
Philosophy II |
2 |
|
|
Presentation Skills |
4 |
|
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Introduction to Data Structure |
2 |
|
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Introduction to Databases |
4 |
|
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Drama III |
4 |
|
|
Dance III |
4 |
|
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Physical Training + Sports/Social Work |
Non Credit Compulsory Course |
|
|
Term IV |
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|
Macroeconomics II |
4 |
|
|
Numerical Analysis |
6 |
|
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Statistical Methods II |
6 |
|
|
Psychology II |
3 |
|
|
Political Science II |
4 |
|
|
Language Skills in English II |
2 |
|
|
Critical Thinking and Writing Skills-I |
3 |
|
|
French I |
4 |
|
|
Spanish I |
4 |
|
|
Term V |
Econometrics |
4 |
|
Linear Programming |
6 |
|
|
Economics Statistics |
6 |
|
|
Sociology II |
3 |
|
|
Philosophy III |
2 |
|
|
Language Skills in English II |
2 |
|
|
Research Methodology |
4 |
|
|
French II |
4 |
|
|
Spanish II |
4 |
|
|
Term VI |
Development Economics |
4 |
|
Humanities and Social Sciences I |
2 |
|
|
Psychology III |
3 |
|
|
Sociology III |
3 |
|
|
Language Skills in English III |
4 |
|
|
Object Oriented Design, Programming and JAVA |
4 |
|
|
Optimization |
6 |
|
|
Multivariate Analysis |
6 |
|
|
Visual Analysis |
6 |
|
|
LAW |
4 |
|
|
French III |
4 |
|
|
Spanish III |
4 |
|
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Term VII |
Political Science 3 |
3 |
|
Humanities and Social Sciences 2 |
2 |
|
|
Corporate Etiquette and Image Management |
4 |
|
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Accounting |
4 |
|
|
Public Economics (Elective) |
This elective focuses on the economics of the public sector, encompassing topics such as taxation, government spending, and public goods. |
|
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International Trade (Elective) |
An elective that explores the theories and practices of global trade. |
|
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Game Theory |
4 |
|
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Stochastic Processes I |
4 |
|
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Introduction to Stochastic Calculus |
4 |
|
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Intellectual Property Rights |
2 |
|
|
Community Mental Health |
2 |
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The IPM placements at IIM Indore represent the program's successful grooming of versatile and industry-ready professionals. Known for attracting top recruiters across diverse sectors, including consulting, finance, marketing, and analytics, the placement process consistently yields impressive outcomes. With a focus on holistic development, the program enables students to secure lucrative roles in leading organizations, thus furthering its credibility and industry relevance. The table below shows the highest CTC offered, the average CTC offered, the median CTC offered, and much more.
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IPM Indore Placements |
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|
Features |
Details |
|
Highest CTC offered |
Rs 100 LPA |
|
Average CTC offered |
Rs 25.06 LPA |
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Median CTC offered |
Rs 24.5 LPA |
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Package of Top 100 |
Rs. 37.33 |
|
Number of recruiters |
150 |
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Number of first-time recruiters |
40 |
|
International offers |
2 |
There are two unique parameters to judge whether entering into a course is difficult or not, one of which is the exam difficulty level and the other is the seats offered by the institution for that particular course.
For IPMAT-Indore, the general consensus is that the exam is tougher in comparison to other IPM entrance exams and that the seats offered by the college(150) are almost 1% of the total IPMAT-Indore exam takers(28,000+).
Although the above-mentioned parameters are correlated, the finality of this verdict only depends on the preparedness of the candidate.
Especially for IIM Indore, IPMAT-Indore aspiring candidates need not worry about Class 12 exam scores. Having said that, candidates must have passed Standard XII/HSC or equivalent examination.
As an IPM course aspirant, it is advisable to take both the examinations because a lot of factors come into play on the actual examination day, and taking more exams only increases the chances of getting into the course.
The degree(s) awarded upon completion of the IPM course from IIM Indore are Bachelor of Arts (Foundations of Management) and Master of Business Administration (MBA).
