Comprehensive Guide to IPMAT Colleges and Programs: Everything You Need to Know

CL Team May 03 2024
3 min read

Are you considering a career in management right after completing your high school education? If yes, then you must be aware of the various entrance exams like IPMAT (Integrated Program in Management Aptitude Test) Indore, IPMAT Rohtak, and JIPMAT (Joint Integrated Program in Management Admission Test). These exams open doors to prestigious management programs offered by IIMs and other esteemed institutes across India.

IPMAT Colleges and Programs

Let's dive into the list of colleges that accept IPMAT Indore scores for their IPM programs:

1. Indian Institute of Management, Indore (IIM Indore) 2. Indian Institute of Management, Ranchi (IIM Ranchi) 3. Institute of Management, Nirma University 4. Department of Management Studies (DoMS), NALSAR University of Law 5. Indian Institute of Foreign Trade (IIFT) 6. T A Pai Management Institute (TAPMI), Bangalore 7. T A Pai Management Institute (TAPMI), Manipal

Moreover, there are colleges offering BBA programs for those inclined towards undergraduate business studies:

1. Alliance University 2. NICMAR University, Pune 3. IFMR- Krea University, Chennai

Return on Investment (ROI)

IIM

IPM Fees (INR)

Average Package (INR LPA)

Highest Package (INR LPA)

IIM Indore

30-35 lakh

30.21

1.14

IIM Rohtak

25-30 lakh

18.73

36

IIM Ranchi

30-32 lakh

17.30

67

IIM Jammu

32-35 lakh

16.50

64

IIM Bodh Gaya

25-30 lakh

15.68

48

 

Eligibility Criteria

To be eligible for the IPMAT Indore 2024 exam, candidates need to meet the following criteria:

  • Age: Born on or after August 01, 2004 (with relaxation for SC/ST/PwD candidates)
  • Qualifying Exam: Passed Standard XII/HSC or equivalent examination in 2022, 2023, or 2024.

Specializations Offered

The IPM programs at IIMs offer various specializations to cater to diverse career aspirations, including:

  • Human Resources
  • Finance
  • IT & Systems
  • International Business
  • Sales & Marketing
  • Operations and Systems
  • Business Analytics
  • Digital Transformation and Analytics (DnA)
  • International Business (Minor Specialization)
  • Court Management
  • Business Laws

Admission Processes at Top Institutes

Each institute follows a specific admission process. Here's a glimpse of admission processes at some prominent IPMAT colleges:

IIM Rohtak:

  • Offers BBA+MBA for five years.
  • Selection based on IPMAT Rohtak scores, followed by personal interviews.

IIM Ranchi:

  • Five-year Integrated Program in Management (IPM).
  • Selection based on IPMAT scores and personal interviews.

IIM Jammu:

  • Integrated program for five years, merging with MBA in the later stages.
  • Selection via Joint Integrated Program in Management Admission Test (JIPMAT).

IIM Bodhgaya:

  • Offers IPM program with holistic course structure.
  • Selection through Joint IPM Admission Test (JIPMAT).

Placements and Opportunities

Placements play a crucial role in assessing the efficacy of an institute. Here's a glimpse of placement records at some IPMAT colleges:

IIM Indore:

  • Top recruiters include Aditya Birla Fashion & Retail Limited, Asian Paints, Bajaj Auto, L'Oreal, and more.

IIM Ranchi:

  • Recruiters like Capgemini, Infosys, DELL Technologies, Mahindra & Mahindra, and more visit the campus.

DoMS, NALSAR University:

  • Companies like Apollo Hospitals, Cognizant, Deloitte, and ITC Limited participate in placements.

Institute of Management, Nirma University:

  • Recruiters include Capgemini, Deloitte, Bain & Company, Infosys, and Oracle.

Indian Institute of Foreign Trade (IIFT):

  • Top recruiters encompass Accenture Strategy, Deloitte Consulting, EY, Infosys, and Mckinsey & Co.

Conclusion

With several colleges offering IPM programs, aspiring management students have ample opportunities to secure their future in the field. Keeping track of eligibility criteria, admission processes, and placement records can aid in making informed decisions about your educational journey. So, seize the opportunity, prepare diligently, and embark on your path to success!