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How good is IIM Indore for finance from a future perspective?
IIM Indore is one of the best among new IIMs in the country. This very fact can be evident due to the growth of the institution in very little time. It can’t be compared to IIM- A, B, C but it is far better than many other colleges.
- The student crowd of the institute is great.
- I have a few friends at IIM Indore, and they often talk about how great the visiting faculties are. Some of the permanent faculties are also good.
Here are the recent placement highlights for the institute.
| Average CTC | 22.9 LPA |
| Highest CTC | 50 LPA |
| CTC for top 100 students | 32.9 LPA |
| Major domains | Sales & Marketing and Finance |
| Top recruiters | FIITJEE, HP, HCL |
I have friends from marketing and finance at IIM Indore and they are doing quite well in their respective fields.
Is the IPM course at IIM Indore better than doing engineering, followed by management in top IIMs?
If you are willing to pursue MBA after the completion of your engineering then IPM is the good option for you as you can complete your IPM in five years while engineering and MBA together will be for the entire six years. If you go for IPM, you will have one year of job experience after six years.
In the IPM program, you will get to learn relevant courses in the undergraduate (first three years), while the things you will learn in engineering, will not be of much use in an MBA.
IPM gives you a chance of doing an MBA from an IIM. If you want you can also attempt CAT to get into another IIM, after 3 years of the course.
If you are determined to do an MBA after gaining some experience, then IPM gives that option too. After two years of the IPM program, you will have the chance to work for two years. After that, you can come back and pursue your MBA from IIM Indore.
What was the highest package at IIM Indore IPM?
One of my friends studied at IIM Indore. According to him the number of recruiters at IIM Indore tends to be 200 and above. 53% of the batch is recruited by the consulting and finance departments. The average salary for 5 Years IPM batch ranges to be 17.01 LPA.
| Categories | IIM Indore |
| Average CTC | 20.79 LPA |
| Highest CTC (International) | 89.25 LPA |
| Highest CTC (Domestic) | 40.5 LPA |
As per the various domains of recruitment, the students are recruited under the following sectors.
- The sales and marketing sector recruits 22% of the students.
- The consulting domain recruits 27%.
- The finance domain recruits 26%.
- The domain of general management usually recruits around 15% of the students.
- The IT & Analytics sector recruit around 10% of the students.
What is the average salary package after the completion of IPM from IIM Indore? For IPM graduates, were you satisfied with your packages?
A few of my friends graduated from IIM Indore and according to them, the institute has a good placement record. As per the recent placement highlights, the average CTC offered at the institute is 23 LPA.
It is also said in the IPM IIMR brochure that there will be a minimum salary of 20 lacs approx. So don't worry. And most students opt for campus placement to know the working of the industry. After that, they start their start-up for growth.
Some of the top recruiting companies from IIM Indore for the IPM course are PwC, Deloitte, Optum, BCG, Amazon, Cipla, MX Player, ACT Fibernet, Paytm, Microsoft participated in the placement drive.
How should one apply for the 5 year Integrated Programme in Management at IIM, Indore?
As one of my friends who studied at IIM Indore, I might be able to help you answer your question. Go through the following points and see if you get a clear understanding.
- To get a detailed outlook of the 5-year Integrated Programme in Management, you should visit the main website.
- In the notifications area, you can see a section that will provide you with a variety of admission notices for the 5-year IPM program.
- You can follow the link at your convenience to acquire further updates.
- Subsequently, you will find an option that will ask you to register yourself.
- Then you will obtain your username and passwords, both of which are supposed to be mailed to you after registering in.
After you have acquired the login details, you will have to go to the respective website and fill up the already accessible application form. Then pay the examination fee of about INR 1400 via online monetary methods of payment.
Does IIM Indore accept CBSE 12th improvement marksheets in the IPM selection process?
According to my friends at IIM Indore, the institute does accept improvement marks. The minimum eligibility to get admission is 60% for the general category in the 10th and 12th standards.
You are required to score extremely well in the ATS, which is the aptitude exam. You have to score a minimum of around 50%. Other than that, you also have to perform well in the Personal Interview session, alongside the Written Assessment. Your admission will depend upon these three factors.
Except that, the marks you achieved in your 10th and 12th standard are usually used only for the eligibility check, that is, 60%. The age limit is 20 years, for the general category.
How do I prepare for WAT and PI for IIM Indore (IPM)?
If you're talking about IPM at IIM Indore, I would say being a student here, that IIM Indore generally looks for students who can stand out among others.
In terms of WAT, reading articles helps a lot. You come across numerous themes, which helps you gain knowledge and build a good vocabulary.
For PI, study current events and trends and be prepared for odd questions. They will not only test your knowledge but also your IQ. As a result, the key to acing your interview is to respond with honesty and confidence.
I hope this piece of information is useful for you all and gives you a basic idea about how to start your preparation for WAT and PI.
What questions can be expected in an IIM Indore IPM interview?
The questions in an IIM Indore IPM interview are mostly about academics. They are focused on your personal introduction. That is, your hobbies and interests are well taken into account and questions will be asked right on that to check the depth of your 'desired field'.
They inquire about your favorite subjects and pose questions about them. They want to know why you want to take the course, what your future plans are, your strengths and weaknesses, and your knowledge of current events. They also assess your general knowledge and mental alertness. Though the questions are simple, you will be bombarded with them in order to put you under pressure.
If they believe you are well-versed in your subjects, they will dig deeper and only leave you if you are exhausted. If you succeed in all of this, you will undoubtedly find yourself inside the circular column of IIM Indore. The IPM interview is one-of-a-kind, personifying the course itself. It is both difficult and simple at the same time.
Why does IPM by IIM Indore have a very high fee structure?
The two parameters that majorly contribute to the high course fee of IIM Indore IPM are as follows.
- Academic Expenditure - Institute/faculty/learning resources/facilities
- Extensive research infrastructure
Although IIM Indore IPM fees are high, the return on investment is worth the expenditure. The opportunities this course offers are immense. As a student of IPM, you will get to learn management skills from the best-in-class faculties. IPM students are given exposure on an international level. IIM Indore placements are great for IPM. According to recent placement highlights, the highest CTC offered for the branch is around INR 50 LPA. While the average CTC for IPM is INR 22.92 LPA.
How does IIM Indore stand out in comparison with IIM Ahmedabad?
Having known some students of both IIM Indore and Ahmedabad, I can say that both are excellent and well-reputed colleges. Your answer can be segregated into four different categories ranging from peers, academics, faculty and finally, the one everyone is highly interested in – placements:
Your peers:
- The people in your cohort will all be very intelligent and hardworking folks on both campuses.
- The basic numbers are obviously high but that is the requirement of the college every year.
- The talent pool is equally high in IIM Indore as compared to IIM Ahmedabad.
- Many students from the college have won multiple B school competitions while competing directly with IIM A, B, C, and FMS among others.
- This is the main way to judge how good your cohort and peers are across various B-schools.
Academics:
- IIM Indore acquires its inspiration from IIM Ahmedabad.
- A lot of the courses offered at IIM Ahmedabad are also offered at IIM Indore.
- IIM Indore campus also has a finance lab that was inspired by IIM Calcutta.
- The opportunities for learning and exploring various fields have also increased quite a lot.
Faculty:
- As far as IIM Ahmedabad is concerned, the faculty is splendid and well versed since the school is much older.
- It would not exactly be fair to compare the faculty at IIM Indore with IIM A.
- But IIM Indore faculty have also worked with IIM A faculty. Especially the senior faculty.
- In a few years, the same faculty will be in touch with you and you will get to experience learning under their wing.
Placements:
- As far as IIM Ahmedabad is concerned, the college publishes a complete audit by CRISIL where they claim their average placements to be INR 18 to 20 lakhs per annum.
- The placement report generated by IIM Indore is not audited and is generated by the college internally.
- They claim the placements to be INR 14 lakhs per annum but this might not be entirely true.
| Categories | IIM Indore | IIM Ahmedabad |
| Course Fee | 15.01 lakh | 23 LPA |
| Highest CTC | 44 LPA | 50-60 LPA |
| Average CTC | 22 LPA | 24 LPA |
| Recruiting Companies | KPMG, Nerolac, ICICI Bank, Aditya Birla Group, etc. | Mindtree, Loreal, Mercedes, HSBC, etc. |
This comparison is slightly unfair as IIM A has better ROI and is comparable to world B-schools whereas IIM Indore is a good business school in central India.
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