IPM, IPMAT and Drop: All Queries Answered

IPM and IPMAT Queries

How to prepare for IPMAT in 2 months?

While it is not ideal, but 2 months is enough time to prepare for and crack any IPMAT exam. Having the luxury of at least 4-5 months gives you the freedom to prepare at your own speed. But, in order to be able to give your best during the written examination, these 2 months must be planned extensively.

Out of the 60 days, you should reserve at least 25-30 days of the rigorous problem-solving day in and day out. Depending on which source you look at, there are around 15-20 topics in Quantitative Ability, 10-15 in Verbal Ability, and around 10 in Logical Reasoning. If you cover 1-2 topics every day, then there should be sufficient time for you to give 3-4 mock tests every week. These mock tests should be attempted during your actual IPMAT exam timeslot. Looking at previous years, you can ideally start your mock test at 9am, 12pm, or 2pm on any day. The idea is to condition your mind to be sharp during these hours, so you are at your best on exam day.

Should I take a drop for IPMAT?

When it comes to taking a drop year, it is important to consider your current year’s performance in IPMAT or any other entrance examination for that matter. If you had prepared well but feel that you could have done better on the examination day, or if you think you could have prepared more thoroughly and are willing to do that, you may take a drop year to address these shortcomings.

The opportunity cost of delaying your undergraduate studies for 1 year is somewhat reduced by the fact that once you secure a seat in the IPM course, you will graduate with both the degrees required for a stellar career in management.

Moreover, more and more colleges are starting with their own IPM programs every year, so if you take a drop year, you will probably have more seats to target for.

Is the high fees of IPM justified?

It is true that management colleges charge high fees for IPM courses. On top of this, most colleges do not even give enough information on the individual components of the total fees. This is enough to make one wonder if it’s even worth spending so much money. 

How a college decides to make use of the fees collected is up to them. However, it is safe to assume that a big portion of what you pay in your yearly fees goes towards the professor’s pay, and rightly so. The reputation of a management institute relies on the reputation of the teaching staff. Therefore, institutes try and bring in industry experts and professors with decades of teaching experience. Moreover, once you join a good management institute, you will be surprised by the frequent guest lectures that are delivered by top executives. These lectures are highly informative and possibly highly influential for you.

To conclude, colleges set their fee depending on estimates of expenses that will be done on you or for you. However, it is not advisable to pay exorbitant fees if it puts too much strain on your financial resources.

How tough is it to get into IIM IPM?

This is a very subjective question. IIT aspirants who have been preparing for JEE Advance for more than two years find IPMAT relatively easier, while non-Maths students can find it too challenging. Also, there is a significant difference in the difficulty level of IPMAT Indore, IPMAT Rohtak, and JIPMAT.

IPMAT Indore is the toughest of the three. You can consider it to be a mini-CAT. The Paper is tricky, and sectional cut-offs make it even more challenging.

IPMAT Rohtak’s questions are easy, but the Paper is time-consuming. Consider it to be a mini IIFT exam. If you look at previous year’s papers, the questions might look too simply, but it is customary to get stuck in an exam setting with time constraints.

JIPMAT paper is also easy to moderate, and most of the quantitative aptitude questions were straightforward. And easy.

If you give your 100%, no exam is that tough.  

What makes IPM difficult is the cut-to-throat competition for every seat. 8-9 students are shortlisted for the interview process for each seat. Acing Paper is only half of the job; IPM Interviews also hold significant weightage in the final selection. Since this is the first professional Interview for most of you, you will obviously find it challenging and may commit some silly mistakes too. Don’t wait for the final results to prepare for the IPM interview. Throughout your preparation, devote some time towards interview preparation too.

Can I exit IPM after three Years?

Yes, all the IIMs offering IPM programmes now provide exit options to the students. In the initial years, there was no option for exit. IIM Rohtak first came up with the exit option for IPM students in 2019, and it was soon implemented by IIM Indore and all the new IIMs starting the IPM program.

Interestingly IIM Jammu has gone one step further. IIM Jammu is offering an exit option to its students at multiple stages. If IPM students at IIM Jammu wish to leave the college after the 1st year, they will be awarded a Certificate in the basics of Management. If the students wish to leave the course after completing two years, they will be awarded the Certificate in the basics of Management Advanced Certificate in Management. And finally, after completing the three-year degree, the student will be awarded Bachelor in Business Administration.

What do you think will be the package for the 1st batch of IPM IIM Ranchi, i.e., the batch of 2026?

If you look at the previous trends of IPM batch IIM Indore, The First batch of IPM Indore passed out in 2016 with an average package of 11.96 lakhs, while the Package of MBA was approx. 15 lakh per year. So basically, the IPM package was 80% of the MBA batch. A similar trend was noticed in the further years well. When the MBA batch had a package of around 18 lakhs, the average package of the IPM batch was 15 lakhs. The gap has reduced over the years, but I think in the initial years, all the batches of IPM at different IIM will follow somewhat the same trends.

Is preferring IPM from IIM Indore over engineering a good decision?

First of all, it depends on what is your field of interest. If you are passionate about engineering, then you can definitely opt for engineering, but if you believe that you are more of a management person, then IPM is hands down one of the best options available as compared to any BBA/BCom course option available in India. (Except SRCC, SSCBS)

Secondly, it also depends on what engineering colleges you are getting. It will be a tough decision if you are getting IITs or core branches in NITs. But if you are comparing tier 2 and tier 3 engineering colleges, then IPM obviously will provide better exposure, recognition, learning opportunities, and career prospects.

Should I go for IPM or wait for CAT?

The answer to this question depends on whether or not you want to have some work experience before you start with your MBA. In general, it is always better to have 1-3 years of work experience before you start with your MBA. This experience will help you get a different perspective on what is likely going to be the final 2 years of a college education.

If you have no issue with pursuing your PG immediately after your UG, then you should definitely go for IPM. Also, statistically, it is easier to secure an IPM seat than is the case with the CAT exam. Moreover, if your IPM course allows, you can leave after 3 years with a BBA/BMS degree and apply for CAT or go job hunting. This way, the IPM program not only gives you the comfort of an integrated degree but also provides you the option of charting a different path for yourself.

Do IPM and MBA placements defer? If yes, why?

Both the batches sit together for the placements, but there is a slight difference in the IPM batch and MBA batch placements. This is mainly because most of the students in MBA have previous work experience, so obviously, they will be likely to receive a better package. Also, if you check out the MBA batch profile of most of the items, you will find that more than 30, 40, and sometimes even more than 50% of the students are from NIT, IIT, or BITS. There are some reasons why there is a difference between MBA and IPM batch packages; else, there is no difference in skillset and perception among Companies.

Which is the better option BMS from SSCBS or IPM from IIM Indore?

IPM from IIM Indore and BMS from SSCBS are great options for any student who wants to pursue a career in Management. If you are getting both, then you are a lucky person indeed. I have friends in both SSCBS and IIM Indore, so I think I am in a good position to answer. Here are both the Pros and Cons of choosing BMS from SSCBS over IIM Indore IPM:

Pros:

Excellent ROI: The annual fees of BMS is around 14-15K. If you include boarding expenses, it would be about 1 lakh per year. So, you complete your bachelor’s from one of India’s finest UG business colleges at less than four lakhs. That’s simply amazing. You have to bear the burden of any student loan at all.

On the other hand, IPM can put a burning hole inside your pocket. The fees for the first three years come to be around 14-15 Lakh. That’s a massive amount for any middle-class family.

Ample time for CAT preparation: If you a serious about pursuing MBA, then IIM BLACKI must be on your target. To score 99 percentiles in CAT, you need ample time for preparation which you manage at SSCBS but at IPM. IPM is a rigorous course, and there are strict guidelines regarding promotion to the next year. Also, IIM Indore is a mandatory residential course, so you can opt to enroll in any offline classes. In contrast, most of the students at SSCBS enrolled in the TIME head centre in Delhi during the second year and started preparing for CAT.

Cons:

Campus Life: SSCBS has recently shifted to its new campus, and it’s good compared to other Delhi University colleges. Still, you cannot compare it with the campus of IIM Indore.

IIM Indore boasts one of the most beautiful campuses in India. Planet I has an Olympic-sized swimming pool, cricket stadium, a fully furnished sports centre, etc. Getting a chance to spend three years inside the campus of IIM Indore is no less than a dream.

CAT :  The one reason students usually give for not opting for IPM is that they can crack CAT and get a better college. Though it could be true for all the other four IIMs offering IPM Programme, IIM Indore is indeed one of the best B-schools in the country. It ranks above IIM Kozhikode in the NIRF ranking, and the college recorded an average of 25 lakhs in 2022. If you get a chance to study at IIM Indore without giving CAT, then would else you could ask for. Preparing for CAT comes with its own set of struggles. You can never be too sure that you will crack it on the first attempt. It often takes around three

I have 70% in 10th; can I get into IPM?

It’s not impossible, but it will be tough to make it into the final shortlist. 

The minimum percentage required to be eligible for the IPM course at IIMs is 60%. Still, most of the IIMs give significant weightage to 10th and 12th percent, so it’s not going to be easy, especially when the competition for each seat is incredibly high. Let me show you statically why:  

Let us then take the example of IIM Rohtak. IIM Rohtak gives 45% weightage to IPMAT, 15% weightage to Interview, and 40% weightage to your Academics. The maximum Mark in IIM Rohtak is 480. Let’s assume your score is 400, and your friend’s score is 350. So out of 45%, you get a score of 37.50, and your friend’s score is 32.80.

Now, if your friend has 90+ in both 10th and 12th, you have 80% and 70% in 10th and 12th, respectively. Now out of 40% of Academics, your friends have a score of 36, and your score will be 30. 

His final score out of 85 would be 68.60, and your score will be 67.50. This is when you score 50 more marks than your friends, but his point score is one more than you. In the context of admission, this 1 point is too much. 

I just used this case to give you an idea. Nonetheless, not every IIM gives 40 percent weightage to Academics; IIM Ranchi gives 20% weightage while Bodhgaya gives 30% weightage. The lesser the weightage, the better it will be for you. Also, IIM Indore does not provide any straight weightage to your academics. So it’s not that there is no chance for someone with a lousy profile to make it into the IPM program, but yeah would be a bit behind, so you need to prepare accordingly and give your best. Your efforts matter more than the results

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