IPM Indore- Five-year Integrated Programme in Management

What is IPM?
The Indian Institute of Management (Indore) took a unique initiative by introducing a 5-year Integrated Program in Management in 2011. IIM Indore designed the integrated program in management keeping in mind the requirements of the corporate world. The program inducts students after they have passed class 12th or higher secondary education from India and few internationally recognized boards of secondary education.
The 5-year Integrated Program in Management aims to provide a holistic education which will enable the students to develop their managerial skills and in the process mould them in leadership roles. After IIM Indore, IIM Rohtak also introduced the Integrated Program in Management in their curriculum.
Why IPM?
Getting an opportunity to study in one of the best management colleges in India, that too after 12th, is a dream come true and a grand achievement for many management aspirants. The core objective of IIM IPM Indore is to carve student into competent management professionals who are also ambitious business leaders with the potential of leading and revolutionizing the business world. The program provides a perfect opportunity to the young and enthusiastic management aspirants for pursuing education and a career in business management. The 5-year-management course brings an overall personality development in the students earlier than those going for the masters or PGM diploma students thus, making IPM students more socially and professionally sound and aware.
Couple of reasons that makes a 12th pass-out consider preparing and studying IPM in IIM Indore are enlisted below:-
  • Lower level of competition in the IIM IPM entrance after 12th, as compared to the competition that the students have to face after bachelors, for the masters or the post-graduate diploma program in management.
  • At IIM Indore, you will find the best mentors and the faculty that imparts best training to the students pursuing IPM. This early beginning at IIM Indore gives an additional edge to the students over those students who opt for management course after their graduation.
  • The IPM students get the IIM brand value after graduation which is undoubtedly before the masters or PG diploma in business management from an IIM.
  • Chances of getting employed upon completing the IPM course multiplies as compared to the traditional graduates.   
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IPMAT 2022: Overview
Nomenclature
Details
Name of the exam
Integrated Program in Management Admission Test (IPMAT) – IIM Indore
Conducting Body
Indian Institute of Management, Indore
Exam Duration
90 minutes
Total no. of questions
60
No. of Sections
3
Quantitative Ability (MCQ)
Quantitative Ability (SA)
Verbal Ability (MCQ)
Marking Scheme
+4 for every correct answer
-1 for every incorrect answer (except for Quantitative Ability (SA))
IPMAT 2022: Important Dates
Registration for the IPM exam opens
To be notified
Last date to submit the Application form
To be notified
Issuance of the admit card
To be notified
IIM Indore IPM 2022 Exam Date
To be notified
Announcement of the shortlist
To be notified
Personal Assessment (PA)
To be notified
Announcement of Provisional Admissions Offers
To be notified
Programme Registration
To be notified
IIM IPM Course Structure:-
The 5-Year Integrated Program in Management is split into two programs with 3 years of an undergraduate program and 2 years of postgraduate program. The first three years of the program aim to build a strong foundation and the next two years focus on providing quality management education.
The IIM IPM students have to study a comprehensive course with a total of 15 terms, and in each year there are three terms having duration of 3 months each. 
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What is the IIM IPM Indore eligibility criteria?
IIM IPM Indore aspirants who fulfil the below-mentioned eligibility criteria can apply for the 5-year Integrated Program in Management (IPM) from the IIM Indore:-
  1. The aspirants should have scored a minimum of 60% in 10th and 12th standard examination. It is a mandate for General and NC-OBC category students
  2. The aspirants should have scored a minimum of 55% in 10th and 12th standard examination. It is a mandate for students belonging to SC, ST and PWD (DA) Category
  3. The maximum age limit for General and NC-OBC Category is 20 years.
  4. The maximum age limit for IIM IPM for SC, ST and PWD (DA) category is 22 years.
  5. Candidate should have been born on or after August 01, 2002 (5 years of relaxation to the candidates from SC/ST/PwD category will be given i.e. born on or after August 01, 1997).
  6. Aspirants who have appeared for 12th standard examination and are likely to complete 12th or equivalent can also apply for IIM IPM. 
  7. The percentage of marks obtained by the candidate in 10th and 12th will be calculated on the bases of the aggregate marks of all subjects that are shown in the mark sheet/grade sheet, irrespective of the Board’s regulation.
  8. In case the IPM appearing aspirants are awarded letter grades or grade points instead of marks, the conversion of grades to percentage of marks would be based on the procedure certified by the board or the competent authority.
  9. IPM applicants pursuing their 12th standard from international schools affiliated to foreign boards such as IGCSE and IB are also eligible to apply.
  10. IIM Indore reserves the rights for deciding the eligibility conditions in terms of equivalence, percentage marks, and the recognition of the qualifying examination, or the intake of students etc.
What is the selection procedure for IIM IPM Indore?
Due to COVID, there are slight changes in the pattern of IPMAT by dropping WAT and PI. The IIM IPM aspirants are selected on the basis of their overall performance in the entrance exam which is the Aptitude Test (AT), after qualifying for the AT the students will be shortlisted for Personal Assessment, which will either be a Video-based Assessment or Personal Interview. Any aspirant, who fails to appear either in the AT, will not be considered for Video Based Assessment. The steps for the selection process to the IIM IPM are as follows:
Stage 1: The candidates fulfilling the minimum eligibility criteria will have to submit their application for the IIM IPM
Stage 2: Based on the IPM applications received, the candidates fulfilling the minimum eligibility criteria are called for the Aptitude Test (AT) which is to be conducted across the various cities in the country.
The pattern of IIM IPM Indore Aptitude Test will be:-
  1. There will be three sections in the aptitude test which are Quantitative Ability (Multiple Choice Question-MCQ), Quantitative Ability (Short Answer Question-SA) and Verbal Ability (Multiple Choice Question-MCQ).
  2. Each question carries 4 marks.
  3. There will be a negative marking of 1 mark for each incorrect answer except Quantitative Ability (SA) Section (There is no negative marking for short answers).
  4. The AT will be restructured as under.
Section
Number of Questions
Maximum Marks
Time duration for the section
Quantitative Aptitude  (MCQ)
40
160
40 minutes
Quantitative Aptitude  (Short Answers)
20
80
40 minutes
Verbal Ability (MCQ)
40
160
40 minutes
  1. The IIM IPM Indore aspirants should attempt the IPM questions in a pre-specified order and the same order for attempting the IPM question paper will be have to be followed by the other aspirants as well.
Stage 3: Based on the raw scores in the IPM entrance/aptitude test, the qualifying students are selected Video Based Assessment. The minimum cut-off marks in each section of IPM are decided by the admission committee and the minimum cut-off is based on the categories that the students have applied for.
Stage 4: Based on the merit list generated as per scores of the entrance aptitude test of the IPM, a good number of students are shortlisted for Vide Based Assessment for the various categories (General, NC-OBC, SC, ST and PWD/DA). Below mentioned is the table displaying the derivation of the scores for determining the students to be called for the PI and WAT.
IIM IPM Sections
Scores
Score in Quantitative Ability (MCQ) Section
25 * (Applicant′ s Score − Minimum Score)/ (Maximum Score − Minimum Score)
Score in Quantitative Ability (SA) Section
25 * (Applicant ′ s Score − Minimum Score)/ (Maximum Score − Minimum Score)
Score in Verbal Ability (MCQ) Section
50 * (Applicant ′ s Score − Minimum Score)/ (Maximum Score − Minimum Score)
Aptitude Test Score (ATS)
Sum of above scores
Please note: The maximum and minimum scores in each section of the IPM entrance are the highest and lowest scores obtained in the respective sections by the applicants from their eligible category pool.
Video Based Assessment: Candidates shortlisted for the Video Based Assessment will be required to upload a self-recorded video file within a stipulated time period soon after the announcement of the Aptitude Test Result. Candidates will be given a set of questions on which they will be required to record their video and upload it within the given time period. Candidates failing to upload the self-recorded video in the stipulated time will be disqualified from the further selection process.
Stage 5: A category wise merit list is generated for the final selection of the students for admission to IIM IPM on the basis of the composite scores which are given in the table below.
A category wise merit list is generated for the final selection of the students for admission to IIM IPM on the basis of the composite scores which are given in the table below.
IIM IPM Entrance Components
Score (Weight)
Aptitude Test Score (ATS)
65
Personal Assesment
35
Composite Score
Sum of above
Note: Owing to the ongoing COVID Pandemic, the Admissions Committee of IIM Indore, after due deliberations and considerations, has decided to drop the WAT & in-person Interview components for this year. In lieu of WAT and in-person interviews, the committee decided to use Video-based assessment/Personal Assessment for this year. And hence, the final admission will be offered based on the Composite Score as per the calculation mentioned above.
IIM IPM reservation of the seats:-
As per the government of India reservation rights and policies, the percentages of seats reserved for the admission of aspirants in each category are:-
1.  27% of the seats are reserved for Other Backward Classes candidates belonging to the “Non-Creamy” layer (NC-OBC),
2.  15% seats are reserved for the Scheduled Caste (SC),
3.  7.5% seats are reserved for the Scheduled Tribe (ST)
4.  10% seats are reserved for the Economically Weaker Sections (EWSs)
5.  5% seats are reserved for the Persons with Benchmark Disabilities (PwD).
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Check the Courses Offered in First 3 Years of 5 year IPM program
Following table presents a list of courses offered in the first 3 years of Admission through IPMAT 2022:
Mathematics, Statistics, Economics
Psychology, Sociology, Political Science, Foundations of Management
Others
  • Foundation Courses in Maths & Statistics
  • Game Theory
  • Optimisation
  • Stochastic Modelling
  • Spreadsheet Modelling
  • Mathematical Modelling
  • Micro and Macroeconomics
  • Indian Economy
  • Money, Banking and Finance
  • Econometrics
  • International Trade
  • Introduction to Sociology & Psychology
  • India & World Politics
  • Public Administration
  • International Relations
  • Business, Government and Society
  • Business History
  • Principles of Management
  • Humanities
  • Literature
  • Languages: English, French, Spanish, German
  • Communication & Presentation Skills
  • Dance, Music
Check the Courses Offered at PGP Level
Courses offered through IPMAT are similar to the courses offered at the PGP level. The list of courses offered is given below:
Communication
Economics
Finance & Accounting
Humanities & Social Sciences
Information Systems
Marketing
OB & HR
 
Operations Management
Strategy
 
Rural Immersion Program
Himalaya Outbound Program
Industry Visit Workshop
Other Optional Workshops
Quantitative Techniques
 
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IIM Indore IPM Course Fees
Stages
Course fee for resident Indians
Course fee for Non-Resident Indians(NRI) and Overseas Citizen of India (OCI)
For the first three years
Rs. 4 lakhs p.a
Rs. 6 lakhs p.a
For the fourth and fifth year
As per the prevailing PGP fees
As per the prevailing PGP fees
  • The above mentioned course fees include lodging, access to lectures, internet facilities and a library.​
Hoping that the information provided in this article will help the IIM Indore IPM aspirants. In addition, I will be helpful for those who need the information regarding the IIM Indore's Integrated Management Program (IPM).
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