IPM stands for Integrated Program in Management, a unique and prestigious management program offered by certain institutes in India, notably the Indian Institutes of Management (IIMs).

This program is designed for students who have completed their 12th grade or equivalent and wish to pursue a career in management.

  • The IPM course offers an early entry point into the management field, allowing students to kickstart their professional journey right after high school. 
  • It integrates undergraduate and postgraduate studies(BBA - MBA), offering a comprehensive curriculum covering various management aspects, including finance, marketing, operations, human resources, and strategy.
  • IPM Course is offered by 10+ universities, including 5 IIMs*.

IPM offers a unique pathway for students to pursue their passion for management from an early age. By enrolling in this program after 12th grade, students can jumpstart their careers in the dynamic and competitive field of business management.

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IPM Full Form: What is an IPM Course?

IPM course is a five-year integrated program in management. Aspirants aiming for this prestigious course offered by top institutes including Indian Institutes of Management (IIMs) take the IPMAT exam

The Integrated Program in Management (IPM) course offers high school graduates a unique five-year curriculum, prestigious institutional affiliations with Indian Institutes of Management (IIMs), and a dual degree upon completion. 

With diverse learning experiences and promising placement opportunities, IPM stands as an ideal pathway for aspiring management professionals.

Significance of the IPM Course

The significance of the Integrated Program in Management (IPM) lies in its multifaceted impact on an individual's academic, professional, and personal development. Here are key aspects highlighting the importance of IPM:

Why IPM Course?

For a high school graduate brimming with ambition and passion for business, the direct path forward in management can feel overwhelming. 

The traditional route of a BBA followed by an MBA seems like a long and not-so-enticing journey. But what if there was a course that combined the strengths of both, offering a head start and a more holistic approach? 

That is why the Integrated Program in Management (IPM), is a compelling option for students seeking a fast-paced and enriching entry into the world of business. 

Some reasons why one can be assured about the IPM course are:

IIM After 10+2

While 2 lakhs+ students appear for CAT, IPM is taken by 18,000+. While there is less competition due to the program being new, there is an equally promising scope. In addition, the student gets to save a year which may be spent on CAT preparation post-graduation.

Holistic Education

IPM’s unique well-charted curriculum enables students to pursue courses from all subjects and domains in their three years of BBA in the program. This caters to their world-class education.

The IIM Brand Value

Getting an opportunity to bag an IIM degree right after XII is an unmissable deal. The legacy that comes with the IIM tag has multifold benefits.

Better Placements

In comparison to other programs offered at the undergraduate level, IPM has a very promising placement graph. Fresh engineering graduates may expect packages that average at ₹8 lakhs, while an IPM graduate from IIM Indore bags packages worth ₹25 lakhs on average. 

Apart from monetary benefits, management students also have an upper hand in terms of job designation.

Why IPM After Class 12?

Among the plethora of courses that aspirants target after class 12, IPM is among the most enticing ones among all the different streams: Commerce, Medicine, Arts, & more. 

Here's why the IPM program could be the perfect launchpad for your business aspirations after Class 12:

1. A Seamless Transition from School to Business

Unlike the traditional route where you complete a general undergraduate degree before specializing in business, the IPM course allows you to dive straight into business fundamentals right after Class 12. 

  1. This eliminates the need for a bridge course or foundation year, allowing you to focus on core business subjects like finance, marketing, and accounting from the get-go. 
  2. This early exposure fosters a deeper understanding of these critical concepts and prepares you for a successful business career.

2. A Head Start on Your MBA

The IPM course is a five-year integrated program, culminating in a dual degree. 

  1. This typically translates to a BBA or a Bachelor of Management Studies (BMS) followed by an MBA. Compared to the traditional BBA + MBA route, which can take seven years, the IPM program offers a significant time advantage. 
  2. This translates to earlier career entry, allowing you to gain valuable professional experience and start earning sooner. 

Additionally, some IPM programs offer direct admission into the second year of a separate MBA program after successful completion of the IPM, saving you an entire year.

3. A Broader Perspective Beyond Business

While a BBA program focuses primarily on business subjects, the IPM course takes a more holistic approach. The curriculum integrates courses in humanities and social sciences, fostering well-rounded individuals with strong analytical, communication, and critical thinking skills. 

This broader perspective allows you to understand the social and political context that businesses operate in, making you a more adaptable and impactful leader. Additionally, exposure to diverse disciplines can spark intellectual curiosity and open doors to potential career paths beyond the traditional business realm.

4. Nurturing Leadership Qualities

The five-year IPM program provides ample time for leadership development. Immersed in projects, simulations, and workshops, you'll have numerous opportunities to refine your communication, teamwork, and problem-solving skills. 

You'll learn to lead effectively, manage conflict, and inspire others. These honed leadership qualities will be invaluable assets as you navigate the competitive world of business and climb the corporate ladder.

5. Building a Strong Foundation for Further Studies

The IPM course equips students with a strong research and analytical foundation. Developed research skills will be valuable assets if you're considering pursuing further studies, such as doctoral programs in management or specialized master's degrees. 

The program also helps you develop strong writing and communication skills, essential for research endeavors and academic success.

How to Get Into An IPM Course?

IIMs or other conducting bodies, such as the National Testing Agency(NTA) conduct their separate examinations to take admissions in their respective IPM courses. 

Below-mentioned are the relevant exams for every college’s IPM course. 

IPM Exam details

IPM College 

IPM Eligibility 

Exam conducted 

IIM Indore
IIM Ranchi

  • Age:
    All candidates who are born on or after August 1, 2004 are eligible to appear for the IPMAT with a provision for age relaxation of up to 5 years for candidates from SC, ST, and PwD category i.e. candidates born on or after August 1, 1999.
  • Minimum marks:
    General candidates should have a minimum percentage of 60%
    and candidates from SC, ST, and PwD should have a minimum percentage of 55% in their 10+2 or equivalent exam.
  • Qualifying Exam:
    Candidates should have passed Standard XII/HSC or equivalent examination in 2022, 2023 or appearing in 2024.

IPMAT Indore

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IIM Jammu,
IIM Bodh Gaya

  • Age:
    Candidate should have been born on or after August 01, 2004 (5 years of relaxation to the candidates from SC/ST/PwD category will be given i.e. born on or after August 01, 1999)
  • Qualifying Exam:
    The Candidate should have passed Standard XII/HSC or equivalent examination in 2021, 2022 or appearing in 2023. in 2022, 2023 or appearing in 2024.

JIPMAT

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IIM Rohtak 

  • Age:
    Candidates must be 20 years of age (maximum) as of July 31, 2024.
  • Candidates who are in the final year of standard XII/ HSC or equivalent
    that is likely to be completed by July 31, 2024, will also be eligible to apply.

IPMAT Rohtak

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Note: The IPMAT eligibility criteria for minimum marks required is common for all IPMAT entrances. General candidates should have a minimum percentage of 60% and candidates from SC, ST, and PwD should have a minimum percentage of 55% in their 10+2 or equivalent exam.

IPM Course Structure

As per IPMAT Indore’s official website, the following is the course structure of the IPM course offered by IIM-Indore which is spread across 5 years and 9 terms. 

IPM Course Structure

Term

Name of the Courses

Number of Credits

Term I

Microeconomics-I

4

Term I

Differential Calculus

6

Term I

Statistical Methods-I

6

Term I

Sociology-I

4

Term I

Philosophy-I

3

Term I

Language Skills in English

2

Term I

Introduction to Algorithms

2

Term I

Dance-I

4

Term I

Drama-I

4

Term I

Physical Training + Sports/ Social Work

Non Credit

Term II

Macroeconomics-I

4

Term II

Integral Calculus

6

Term II

Probability-I

6

Term II

Psychology-I

4

Term II

Language Skills in English I (Part B)

2

Term II

Introduction to C

4

Term II

Drama-II

4

Term II

Dance-II

4

Term II

Physical Training + Sports/ Social Work

Non Credit

Term III

Microeconomics II

4

Term III

Linear Algebra

6

Term III

Sampling Distribution & Statistical Inference

6

Term III

Political Science I

2

Term III

Philosophy II

2

Term III

Presentation Skills

4

Term III

Introduction to Data Structure

2

Term III

Introduction to Databases

4

Term III

Drama III

4

Term III

Dance III

4

Term III

Physical Training + Sports/Social Work

Non Credit

Term IV

Macroeconomics II

4

Term IV

Numerical Analysis

6

Term IV

Statistical Methods II

6

Term IV

Psychology II

3

Term IV

Political Science II

4

Term IV

Language Skills in English II

2

Term IV

Critical Thinking and Writing Skills-I

3

Term IV

French I

4

Term IV

Spanish I

4

Term

Name of the Courses

Number of Credits

Term V

Econometrics

4

Term V

Linear Programming

6

Term V

Economics Statistics

6

Term V

Sociology II

3

Term V

Philosophy III

2

Term V

Language Skills in English II

2

Term V

Research Methodology

4

Term V

French II

4

Term V

Spanish II

4

Term VI

Development Economics

4

Term VI

Humanities and Social Sciences 1

2

Term VI

Psychology III

3

Term VI

Sociology III

3

Term VI

Language Skills in English III

4

Term VI

Object Oriented Design, Programming and JAVA

4

Term VI

Optimization

4

Term VI

Multivariate Analysis

4

Term VI

Visual Analysis

4

Term VI

LAW

4

Term VI

French III

4

Term VI

Spanish III

4

Term VII

Political Science 3

3

Term VII

Humanities and Social Sciences 2

2

Term VII

Corporate Etiquette and Image Management

4

Term VII

Accounting

4

Term VII

Public Economics (Elective)

4

Term VII

International Trade (Elective)

4

Term VII

Game Theory

4

Term VII

Stochastic Processes I

4

Term VII

Introduction to Stochastic Calculus

4

Term VII

Intellectual Property Rights

2

Term VII

Community Mental Health

2

Term VIII

Web Development

2

Term VIII

Business History

4

Term VIII

Business, Government and Society

4

Term VIII

Principles of Management

4

Term VIII

Media Literacy (Elective)

4

Term VIII

Indian Economy (Elective)

4

Term VIII

Environmental Economics (Elective)

4

Term VIII

Mobile Data Management (Elective)

2

Term VIII

Leadership Insights for Contemporary Businesses from the Mughal Empire (Elective)

4

Term VIII

Positive Organisational Psychology (Elective)

2

Term VIII

Key Issues in Contemporary Indian Politics (Elective)

3

Term VIII

Contemporary India Society and Culture (Elective)

3

Term VIII

Business Ethics: Learning the Integrative Live Case (ILC) Way (Workshop) (Pass/Fail course) (Elective)

2

Term VIII

Indian Financial System (Elective)

4

Term VIII

Discovering Self (Pass/Fail course) (Elective)

3

Term IX

Monetary Macroeconomics (Elective)

4

Term IX

Competition Policy (Elective)

3

Term IX

Topics in Macroeconomics (Elective)

2

Term IX

Nature Watching (workshop) (Elective)

1

Term IX

Cost-Benefit Analysis of Public Policy Making (Elective)

2

Term IX

Essentials of Human Values (Elective)

2

Term IX

Crafting Your Inner World (workshop course) (Elective)

2

Term IX

New Media and Society (Elective)

2

Term IX

Understanding Indian Bazaar (Elective)

2

Term IX

International Organizations and Contemporary Challenges of Global Governance (Elective)

2

Term IX

Python Programming (Elective)

2

Term IX

Mobile Commerce and Security (Elective)

2

Term IX

Introduction to R Programming (Elective)

2

Term IX

Stochastic Calculus II (workshop course) (Elective)

2

Term IX

Workshop on Case Analysis (workshop course) (Elective)

1

Term IX

Discrete Event Simulation (Elective)

2

Term IX

Journey of Self-Discovery and Strengthening Self (workshop course) (Elective)

-

Broadly, the course structures of all the IPM courses offered by IIMs in India follow the same structure. But there are nuanced differences in all of them, check the official website of IIM Rohtak, Jammu, and Bodh Gaya to know more about their respective course structures.

IPM Course Fees

The 5-year IPM (Integrated Program in Management) fee structure typically combines the first three years of BBA (Bachelor of Business Administration) fees and the subsequent two years of MBA (Master of Business Administration) fees. 

Below are details of the total 5-year IPM fees in some top B-schools offering the IPM program:

IPM College

Program Name

IPM Fees

IIM Indore 5-Year IPM

Integrated Programme in Management

38.3 L

IIM Rohtak 5-Year IPM

Integrated Programme in Management

35.55 L

IIM Ranchi 5-Year IPM

Integrated Programme in Management

33.50 L

IIM Bodhgaya 5 Year IPM

Integrated Programme in Management

29.00 L

IIM Jammu 5-Year IPM

Integrated Programme in Management

35.7 L

Why is IPM better than BBA?

The BBA program typically focuses on core business subjects like finance, marketing, and accounting. While this provides a strong foundation, the IPM goes beyond the realm of business. Its curriculum integrates humanities and social sciences, fostering well-rounded individuals with strong analytical, communication, and critical thinking skills – all crucial assets in today's complex business environment. 

This broader perspective allows IPM graduates to understand the bigger picture, not just the nitty-gritty of business operations.

The five-year structure of the IPM course allows for a more in-depth exploration of leadership concepts. 

Students have more time to refine their communication, teamwork, and problem-solving skills through projects, simulations, and leadership development workshops. This immersive experience equips them with the confidence and skills to excel in leadership roles.

The IPM program exposes students to a wider range of disciplines, fostering intellectual curiosity and a more holistic understanding of the world. 

This interdisciplinary approach can spark innovative ideas and equip graduates to think outside the box.  Additionally, it allows students to explore potential career paths beyond the traditional business realm.

The IPM program equips students with a strong academic foundation and research skills, making them well-prepared for pursuing further studies, such as doctoral programs in management or specialized master's degrees.

However, it's important to consider that the IPM program is a longer and more rigorous commitment compared to a BBA. It requires a strong work ethic and dedication to academic excellence.

Key Takeaways

The IPM course is fairly new in India but it has had its fair share of popularity abroad. With the advent of The National Education Policy (NEP) 2024, IPM has seen an increased charm within students. 

The course’s offerings, prospects, and inclusivity for all streams make it students’ first-option. But many students still miss this opportunity because of lack of awareness for this amazing course. 

So if you are someone who has found out about the IPM course and want to take the IPMAT 2025, make sure you have a plan for it and if need be, try looking out for good online IPM Coaching that can ease the process and advance the chances of clearing the exam.

Frequently Asked Questions

No, the IPMAT application form for both IPMAT Rohtak, IPMAT Indore, and JIPMAT is available online only on the official website.

Getting into IPM (Integrated Program in Management) can be quite competitive, as it is a highly sought-after program offered by the prestigious Indian Institutes of Management (IIMs). However, in terms of difficulty, IPMAT is not considered a very tough examination. If you are interested and curious as to when and how to start your preparations for the IPMAT Click Here.

In 2023, IIM Indore had the highest package of 1.14 crores per annum. For more information about IIM Indore’s Placements Click Here.