I can't afford the fees of IIM Indore IPM. Should I stop dreaming about it?

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Aaryan Sharma Posted On - Aug 20, 2021
MBA in Marketing & Information Systems, Indian Institute of Management Calcutta (2019)

Firstly, ask yourself, why you wish to pursue IPM at IIM Indore. If you are interested in management but are coming from a not so financially well background, you should not consider IPM for management. But if you really want to pursue that particular course, you can opt for it.

  • You can acquire a loan from a bank without putting up much of a security. Furthermore, those debts will be your responsibility, make sure to repay them.
  • If you are good at academics right now, enroll in any graduating programme that you enjoy or that is your second choice. 
  • Look into B.Com and BBA as rational choices, and if your interest persists, try to get into FPM or IIM-I after your Bachelor's degree.

IPM isn't easy to get into. It has one of the lowest returns on investment (ROI) among the top 20 or 30 B-schools. Your total course fee may be over 30 lakhs, but an MBA will cost 14 lakhs, and you will gain a superior understanding of management if you choose to pursue it. 

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