Launched by IIM Indore in 2011, the Integrated Programme in Management (IPM) offered by the Indian Institute of Management (IIM) Indore is one of the most sought-after management courses for students who aspire to build a career in business management right after completing their higher secondary education. The IPM program is a unique, five-year dual-degree course that blends undergraduate education with management education, enabling students to obtain a BA (Bachelor of Arts) degree in the first three years and an MBA (Master of Business Administration) degree in the final two years. The highest package offered to students after IPMAT at IIM Indore can go as high as INR 1 Crore. The average package stands at INR 25.68 LPA and the median package at INR 24.5 LPA.
This article delves into the details of IIM Indore's IPM fees for 2025, the courses covered under the program, and the comprehensive fee structure to help prospective candidates make informed decisions.
Overview of IIM Indore IPM Program
The IIM Indore IPM program is designed to provide a rigorous and diverse learning experience to its students. The first three years of the course focus on building foundational knowledge in management, economics, statistics, humanities, and social sciences, while the final two years are dedicated to advanced management education, preparing students for leadership roles.
- Duration: 5 years (3 years of undergraduate education + 2 years of postgraduate education)
- Degrees Awarded: BA (Bachelor of Arts) in the first three years and MBA (Master of Business Administration) in the last two years
- Entry Requirement: After Class XII (or equivalent)
- Courses Offered in First 3 Years
Mathematics, Statistics, Economics
- Foundation Courses in Maths & Statistics
- Game Theory
- Optimization
- Mathematical Modelling
- Micro and Macro-economics
- Indian Economy
- Econometrics
- International Trade
Psychology, Sociology, Political Science, Foundations of Management
- Introduction to Sociology & Psychology
- Business, Government and Society
- Business History
- Principles of Management
Others
- Humanities
- Languages: English, French, Spanish, German
- Communication & Presentation Skills
- Dance, Music, Drama
Unique Features of IIM Indore's IPM Program
- Social Internship:
- Conducted after the second year, it provides students with valuable real-world exposure and hands-on experience in societal contexts.
- Student Exchange Program:
- Moreover, it is available in the third or fifth year, and this program enables students to study abroad and expand their global perspective.
- Exit Option:
- Students can exit the program after successfully completing the third year, allowing flexibility for those pursuing different career paths or further education.
- Sabbatical Opportunity:
- Select students may take a break of up to two years between the third and fourth years to explore personal or professional interests.
- Rural Engagement Program:
- Conducted in the fourth year, this unique initiative fosters a sense of social responsibility by engaging students with rural communities.
- Himalaya Outbound Program:
- A distinctive feature in the fifth year, it focuses on experiential learning and personal growth through outdoor activities and leadership challenges.
IIM Indore IPM 2025 Courses
The IIM Indore IPM curriculum is split into two phases:
Phase 1: Undergraduate Phase (Years 1-3)
In the first three years, the program is focused on building a strong foundation in management and related areas while also encouraging overall personality development. The key subjects include:
- Principles of Management
- Business Communication
- Mathematics for Managers
- Economics
- Business Law
- Statistics
- Human Resource Management
- Marketing Management
- Organizational Behavior
This phase involves a combination of lectures, case studies, group discussions, assignments, and other hands-on learning experiences that ensure a balanced development of academic and interpersonal skills.
Phase 2: Postgraduate Phase (Years 4-5)
The final two years of the program are dedicated to building expertise in management through a rigorous MBA curriculum. The subjects include:
- Communication
- Economics
- Finance & Accounting
- Humanities & Social Sciences
- Information Systems
- Marketing
- OB & HR
- Operations Management & Quantitative Techniques
- Strategy
- Rural Immersion Program
- Himalaya Outbound Program
- Industry Visit Workshop
- Other Optional Workshops
The last two years of the program also offer opportunities for specialization in areas such as Finance, Marketing, Operations, HR, and more. The course is structured to facilitate both theoretical learning and practical exposure through internships, live projects, and industry interactions.
IIM Indore IPM Fees Structure for 2025
The fee structure for the IPM program at IIM Indore is designed to ensure that the students receive high-quality education, along with world-class facilities, infrastructure, and faculty. Below is a detailed breakdown of the fees for the academic year 2025.
The course fee for domestic applicants for the first three years of the IPM would be Rs. 5,00,000/- (Rupees Five Lakh) per annum and Rs. 7,50,000/- (Rupees Seven Lakh Fifty Thousand) per annum for International applicants. Course fee for the fourth and fifth years would be as per prevailing Post Graduate Program in Management (PGP) fees. The course fee includes lodging, access to lectures, internet facilities and library.
Accommodation would be arranged on sharing basis for the first three years of IPM. Single room accommodation would be made available for the fourth and fifth years of the Program.
Scholarships and Financial Aid
IIM Indore offers several scholarships and financial aid options to deserving students to make the IPM program more accessible. Some of the scholarship schemes include:
- Merit-based Scholarships: Awarded to top-performing students based on academic performance.
- Need-based Financial Aid: For students from economically disadvantaged backgrounds.
- Scholarships for SC/ST students: Specific financial aid for students from reserved categories.
Students can apply for these scholarships as per the guidelines provided by the institute after admission.
IIM Indore IPM Admission Process 2025
The admission process for the IIM Indore IPM program involves the following steps:
- Eligibility Criteria: Candidates must have completed their higher secondary education (Class 12 or equivalent) with at least 60% marks (55% for SC/ST/PwD candidates) or should be in the final year of Class 12 at the time of application.
- Application Process: Candidates must apply online through the official IIM Indore IPM website. The application form requires personal, academic, and extracurricular details.
- IPM Aptitude Test (IPMAT): Candidates must appear for the IPM Aptitude Test (IPMAT 2025) conducted by IIM Indore. The test evaluates candidates on quantitative ability, verbal ability, and logical reasoning.
- Shortlisting and Interview: Based on the IPMAT scores, candidates will be shortlisted for a personal interview (PI) round.
- Final Selection: The final selection is based on the composite score, which includes the IPMAT score, interview performance, and academic record.
Career Prospects after IIM Indore IPM
IIM Indore’s IPM graduates are well-equipped to pursue successful industry careers. Upon completing the program, graduates receive a prestigious MBA degree from IIM Indore, which opens doors to top-notch job opportunities in:
- Consulting
- Finance
- Marketing
- Human Resources
- Operations
- Entrepreneurship
IIM Indore also has a robust placement record, with top companies from various sectors offering lucrative roles to IPM graduates.
Conclusion
IIM Indore’s IPM program is a distinguished course offering a comprehensive academic journey for students who want to pursue a career in management from an early stage. The fee structure for 2025 is competitive, and the program offers excellent career prospects, ensuring that students gain both academic knowledge and industry exposure.
For those looking to secure a place in the prestigious IIM Indore IPM program, it is essential to start preparing early for the IPMAT exam and keep track of the admission deadlines.
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