IIM Indore IPM Admission 2022 for BBA & MBA: Entrance Exam Held on July 2; Check Cut Off, PI dates & Final Selection Process

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MBAUniverse.com News Desk |
July 6, 2022
IIM Indore has revised with many changes in its IPM Admission 2022 process. The entrance exam for IIM Indore IPM Admission 2022-IPMAT was conducted on July 2, 2022 with a bit higher difficulty level which may lead the cut offs to go down. The 5-year Integrated Programme in Management (IPM) at IIM Indore, is the first of its kind in India and is meant for young students with managerial and leadership aspirations. IPM carries the IIM brand ensuring good career growth in management career
IIM Indore IPM Admission

IIM Indore, the first IIM to have launched 5 year IPM programme, conducted the entrance test IPMAT for IPM Admission 2022 on July 2, 2022 with a higher difficulty level. Around 20,000 candidates appeared in the exam vying for 150 seats at IIM Indore IPM Admission.  After the release of shortlist in July 2022 last week, IIM Indore will conduct Personal Assessment (PA) round in August. Those who appeared in IIM Indore IPMAT 2022 exam and expect a good score, need to prepare well for the final selection process to get admission in the high RoI IPM programme offered by IIM Indore. Sharing the admission process for IPM 2022-27 batch, IIM Indore has clarified, “The candidates will be selected on the basis of overall performance in Aptitude Test (AT) and Personal Interview (PI).”

IIM Indore, one of the top six IIMs in India, was the first IIM to launch the 5 year Integrated Programme in Management (IPM) as early as in 2011. Following the IIM Indore, not only more IIMs like IIM Rohtak, IIM Ranchi, IIM Bodh Gaya and IIM Jammu launched the IPM programs but other top institutes like IIFT has also launched the 5 year IPM program at its Kakinada campus. The IPM program offers opportunity to earn BBA degree plus MBA degree from IIM Indore for the young students who have passed class 12 or are appearing in class 12 in 2022.

This article below shares complete IIM Indore 5 year IPM program details, IPM Eligibility, IPM Fee, IPM Placements, admission process, Important dates, so read this article till the end  

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Table of Contents

  1. What is IIM Indore IPM?
  2. IIM Indore: Key USPs
  3. IIM Indore 5 Year IPM: Key Highlights 
  4. IIM Indore IPM Fees
  5. IIM Indore IPM Placement
  6. IIM Indore IPM Eligibility
  7. IIM Indore IPM Application Process
  8. IIM Indore IPM Total Seats
  9. IIM Indore IPM Admission Process 2022
  10. IIM Indore IPM Important Dates

1. What is IIM Indore IPM?
Five Year Integrated Programme in Management (IPM) offered by IIM Indore, is a Dual Degree Programme for Young Students. IPM is a combination of 3 years undergraduate degree + 2 years MBA degree programme. The programme is meant for young students who have passed class 12 and have managerial and leadership aspirations. IPM carries the IIM Indore brand ensuring good career growth in management career. After 3 years of study schedule, the IPM students become the part of IIM Indore MBA/PGP batch leading to high placements.

IIM Indore 5 Year Integrated Program in Management also offers exit option after completion of 3 years with bachelor’s degree -  Bachelor of Arts (Foundations of Management). Those who continue for next two years also and complete the 5 year IPM programme are awarded Master of Business Administration (MBA) degree by IIM Indore. The IPM Placements at IIM Indore are conducted alongwith its MBA programme and are at par with its flagship programme.    

2. IIM Indore: Key USPs
Indian Institute of Management (IIM) Indore is one of the top six IIMs in India. It takes same approach while imparting management education to IPM or MBA students. The key highlights and USPs of the institute are

  • 2.1 Triple Crowned with Three International Accreditations: IIM Indore is the triple crowned IIM and is the 2nd IIM to achieve this rare feat after IIM Calcutta. IIM Indore has earned three renowned international accreditations- AACSB (Association to Advance Collegiate Schools of Business); EQUIS (EFMD Quality Improvement System) and Association of MBAs, London (AMBA—UK based accreditation agency)
  • 2.2 Highly Ranked: IIM Indore is one of the top ranked management institutes in India. In the Govt. of India, MHRD NIRF Ranking 2021 IIM Indore is ranked #6 and MBAUniverse.com B-School Rankings 2022, it has been ranked #7 among top 100 management institutes in India
  • 2.3 Awards MBA Degree  instead of Diploma: IIM Indore is now empowered with the legal authority to award MBA degrees after completion of IPM program.
  • 2.4 High Intake: Apart from 150 seats in IPM program, IIM Indore admits more than 450 students every year in its MBA programme
  • 2.5 IIM Indore IPM Fee 2022-27: IIM Indore IPM Fee for 5 years is Rs.37,93,933 for the batch 2022-27
  • 2.6 High IPM Placements 2022: IIM Indore IPM Placements are at par with MBA placements and are jointly conducted. Average salary in IIM Indore IPM Placement 2022 was Rs. 25.01 LPA and highest salary was Rs.49 LPA.
  • 2.7 Accomplished Faculty with Professors of Practice: IIM Indore has 86 well-qualified internal faculty complemented by carefully selected adjunct faculty with considerable industry or domain expertise. An initiative to blend theory and practice is the hiring of professors of practice, which allows industry professionals with 15-20 years of experience to become a part of the IIM Indore full-time faculty. These professors of practice are already making a difference with case-writing projects on SBI, Godrej and BHEL, and a new consulting practicum to be offered in the final year of IPM
  • 2.8 Participant Centered Approach: IIM Indore offers participant-centered approach to management education. Till now, 25 IIM Indore faculty members have been deputed for Participant-Centered Learning Programme at Harvard Business School
  • 2.9 Infrastructure with all Facilities: The Institute provides excellent physical infrastructure for academics, residence and extra-curricular activities as well

3. IIM Indore Integrated Programme in Management: Key Highlights and USPs
IIM Indore is the 1st IIM to launch Integrated Programme in Management. Key programme highlights and USPs are

  • 3.1 Get IIM Indore MBA without Appearing in CAT: IIM Indore IPM is a Dual Degree Programme – BBA+MBA which you can pursue after passing class 12 and without appearing in CAT exam after completing 3 years of BBA degree.
  • 3.2 Exit Option after 3 Years: The Exit option from IPM program is available after completion of 3 years with Bachelor of Arts (Foundations of Management) degree awarded by IIM Indore.
  • 3.3 Diverse Specializations: IIM Indore offers nine specialization areas to choose from, namely Economics, Finance & Accounting, Information systems, Marketing, Organization behavior & Human Resources, Operation management & Quantitative Techniques, Strategy, Communications, Humanities & Social Sciences
  • 3.4 Wide Range of Co-Curricular Activities: IIM Indore students participate in a wide range of extra and co-curricular activities which include IRIS (The Annual Management & Cultural Festival) and Utsaha (Rural Marketing Fair)
  • 3.5 International Exchange: IIM Indore has exchange tie-ups with several prestigious international business schools. A large number of students visit these business schools and complete one semester there
  • 3.6 Himalaya Outbound Programme: IIM Indore conducts Himalaya outbound programme for the final year students.  While participants are adequately prepared for a corporate career, their ability to motivate themselves to perform in an unfamiliar ambience and work as a team is enhanced by encouraging them to undergo an outbound exercise and simulation conducted in serene locations at various altitudes in the Himalayas
  • 3.7 Rural Immersion: Rural immersion programme is conducted to enable the participants to understand the social context in which organizations work and exist. An exposure to the rural settings of Madhya Pradesh is included in the course design
  • 3.8 Experiential Learning with Industry Engagement: Students visit a company once a week in the fourth year of the Programme. They are required to carry out a study on various industries and key players in the industry. This enhances their exposure to organizations and provides them a backdrop for analysing the managerial contexts of different cases. The IPM final year of the new curriculum features a large number of domain concentrations which consist of both regular courses taught by industry faculty and workshop courses taught by industry practitioners.
  • 3.9 Unique Programme Structure: A unique matrix based structure in final year wherein participants take 10% credits in ‘Industry Vertical Courses’ and 10% credits in ‘Functional Area Courses’ in addition to the general management credits.  
  • 3.10 Skill Development: Skill Development Courses including Communication, Leadership, Spreadsheet Modeling, Entrepreneurial Orientation, Innovation and Design Thinking and Sustainability are taught in a workshop-based format

4. IIM Indore IPM Fees
IIM Indore IPM fees for resident Indians for the first three years of the IPM would be Rs.16,87,133. Course fee for the fourth and fifth years would be as per prevailing Post Graduate Programme in Management (PGP) fees. The fee for PGP 2022-24 at IIM Indore is Rs 21,06,800. The course fee includes accommodation/lodging, access to lectures, computer facilities and library.  Accordingly, total Fees for IIM Indore 5 years IPM Programme is:

  • First 3 Years IPM 2022-25 Fees: Rs.16,87,133/-
  • 4th and 5th Year IPM (MBA) Fees: Rs.21,06,800/-

Please note that the IIM Indore IPM Fees for 2022-27 batch may be revised at the time of making final admission offer

5. IIM Indore IPM Placement 2022
IIM Indore IPM Placement trends reflect a consistent rise in salary packages. The IPM Placements are conducted along with the MBA placements. IIM Indore completed final placement 2022 for its 572 participating students from the 5-year Integrated Program in Management (IPM) 2017-22 program and 2 Year flagship Post Graduate Program (PGP) 2020-22 batch. Despite all the pandemic situation and economic slowdown, IIM Indore has registered a 6% rise in average salary which has gone up at Rs.25.01 lakhs per annum in placement 2022 from Rs. 23.6 lakhs per annum last year. Highest Salary stood at Rs.49 LPA in Placement 2022 as against Rs. 41.5 LPA last year.

5.1 IIM Indore IPM Placement 2022: Key Highlights

  • Achieves again 100% Placement for the large batch of 572 students
  • IIM Indore conducted Placement 2022 both for 2 Years PGP and 5 years IPM batch
  • Average Salary goes up by 6% at Rs.25.01 LPA in placement 2022 from Rs.23.60 LPA last year
  • Median Salary in Placement 2022 has gone up by 6.6% reaching at Rs.24.09 LPA
  • Highest Salary has gone up at Rs.49 LPA in placement 2022 from Rs. 41.50 LPA last year
  • 180 Marquee Recruiters including 30 first time recruiters participated in Placement 2022
  • Consulting, Finance, Sales & Marketing recruit 69% of the batch
  • Top Recruiters include Accenture, Avalon, Bain & Company, BCG, Deloitte, E&Y, Infosys, KPMG, McKinsey, PWC, Aditya Birla, Bajaj Auto, BMW, Cisco, L'Oreal, Marico, Samsung, Tata Steel, Titan, Whirlpool, Xiaomi

5.2 IPM Placements Trends at IIM Indore: Analysis of Last 5 Years
IIM Indore has surpassed the previous year’s performance, witnessing an higher average and median salary with 100% Placements. More than 180 recruiters showed interest in hiring for several roles across multiple sectors for both the Post Graduate Programme as well as the 5-Year Integrated Programme in Management. Consulting, Finance, Sales & Marketing remained the most preferred domains.

5 Years IPM & PGP Placement Trends                   

(Rs. in lakhs)

Year
Average salary
Highest salary (Domestic)
Highest Salary (International)
2022
Rs.25.01 LPA
Rs.49.00 LPA
--
2021
Rs.23.60 LPA
Rs.41.50 LPA
Rs.56.80 LPA
2020
Rs.22.92 LPA
Rs.50 LPA
--
2019
Rs.20.79 LPA
Rs.40.50 LPA
Rs.89.25 LPA
2018
Rs.18.17 LPA
Rs.33.04 LPA
Rs.63.45 LPA

5.3 Top Recruiters
With its excellent pool of talent available with high business acumen, IIM Indore has been one of the preferred hiring destinations for top recruiters in the country.

More than 180 recruiters participated in the IIM Indore Placements 2022. Some of the top recruiters include  Accenture, Avalon, Bain & Company, BCG, Deloitte, E&Y, Infosys, KPMG, McKinsey, PWC, Aditya Birla, Bajaj Auto, BMW, Cisco, L'Oreal, Marico, Samsung, Tata Steel, Titan, Whirlpool, Xiaomi, Avendus, Barclays, Credit Suisse, CRISIL, D.E. Shaw, Deutsche Bank, Goldman Sachs, HDFC Bank, HSBC, ICICI Bank, Indus Valley Partners,  JP Morgan Chase & Company, Marsh, Morgan Stanley, Nomura, Piramal Group, Yes Bank,  Amazon, Capgemini, Cipla, Cognizant, EXL, General Electric, Google, HUL, IBM, Walmart, Wipro,  Axis Bank, Indus Towers, Jindal Steel, Kotak Mahindra Bank, L&T, Mahindra, Max Life Insurance, Reliance Industries Limited, Tech Mahindra among others

6. IIM Indore IPM Eligibility
IIM Indore IPM programme is aimed at students who have passed Class XII/Higher Secondary or equivalent from schools across India or are appearing in it this year. Key requirements for IIM Indore IPM Eligibility are:

  • The Applicant should not be above 20 years of age. 
  • IPMAT eligibility criteria 2022 require you to have passed class 12.
  • If you had passed class 10 in 2019 or before you must have secured minimum 60% marks in it but if you passed it in 2020, there is no requirement for minimum percentage of marks.
  • Students who are appearing in class 12 in 2022 or are waiting for result are also eligible to apply Read more

7. IIM Indore IPM Application process 2022
Candidates have to submit their application online for IIM Indore IPM Program through the IPM AT 2022 registration window which remained open for more than a month. The payment of IPM AT registration and application fee should also be done online. The IPM 2022 application fee is non-refundable and non-transferable. The application was available at IIM Indore IPM admission website. 

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7.1 IPM Application Form 2022

  • IPM Application form 2022 was available on official website of IIM Indore
  • IPM Application form 2022 fee was Rs. 4,130/- (Rupees Four thousand one hundred thirty only) inclusive of GST for General, EWS and NC-OBC category candidates
  • For  SC, ST and PwD category  candidates the IPM 2022 application form fee was Rs.2,065/- (Rupees Two thousand sixty five only) inclusive of GST
  • IPM Application form 2022 fee had to be paid online and was non-refundable/non-transferable
  • Recommended browsers to fill the IPMAT exam 2022 application form 2022 were: Internet Explorer (version 10 and above), OR  Mozilla Firefox (version 52 and above), OR  Google Chrome (version 58 and above)
  • Use Mouse to move between fields for entry of data instead of using Tab Key while filling in the IPMAT application form 2022
  • Fields marked with * are mandatory
  • Candidate had to fill in the personal details first to receive the User Id and Password
  • User Id would be received in the registered email address and Password as SMS on the registered mobile number
  • For subsequent login to fill the IPMAT exam 2022 application form for IIM Indore IPM Admission, candidate should use the User Id and Password to complete the application
  • It is important to provide correct Name, Date of Birth, Mobile Number and Email Address as these details cannot be changed once the IPMAT registration form 2022 for IIM Indore IPM Admission is complete  

8. IIM Indore IPM Total Seats and Reservation Policy

  • IIM Indore IPMAT 2022 seat intake for the IPM 2022-27 batch has increased to 150 students. 
  • As per the IPMAT 2022 Reservation Policy in accordance with Government of India requirement, 27% of the seats are reserved for Other Backward Classes candidates belonging to the “Non-Creamy” layer (NC-OBC); 15% for Scheduled Caste (SC), 7.5% for Scheduled Tribe (ST) candidates, up to 10% for Economically Weaker Sections (EWSs) and 5% for Persons with Benchmark Disabilities (PwD).
  • The candidates belonging to categories for which IPMAT seats are reserved need to note and read carefully the eligibility requirements before applying.
  • It should be noted that while it is the endeavor of IIM Indore that the candidates belonging to NC-OBC/SC/ST/EWS/PwD categories join the programme in proportions mandated by the law, they have to meet the eligibility criteria and a certain minimum level of performance to be considered for the IPM admission process
  • As per the IPMAT 2022 Reservation Policy, the candidates belonging to NC‐OBC, SC, ST and PwD categories need to produce valid Caste/Category certificate(s) in support of their reservation category
  • The candidates belonging to Economically Weaker Sections (EWS) need to produce a valid document ascertaining the eligibility of the candidate to apply under EWS category.
  • No change in the category will be entertained once the application is submitted.

9. IIM Indore IPM Admission Process 2022
IIM Indore IPM admission process 2022 has 5 steps which are shared below. The students will undergo a rigorous IIM Indore IPM selection process to get admission into IIM Indore IPM

Step 1-Register and Apply for IPMAT 2022: You need to register and apply for IPMAT 2022 exam which includes the IIM Indore IPM application form fee. The registration and application form is available at iimidr.ac.in/academic-programmes/five-year-integrated-programme-in-management-ipm

Step 2: Appear in Entrance Exam IPMAT: All the applicants have to appear in the IIM Indore IPMAT entrance examination. IPMAT 2022 was conducted on July 2 and tested the applicant’s aptitude, logical reasoning and proficiency in English and Mathematics as below:

Step 2.1: IPMAT 2022 Exam Composition
IIM Indore IPMAT exam pattern 2022 is as under

IPMAT Sectional Weightage 2022
IPMAT Exam Question format
Number of Questions
Time duration for each section in IPMAT exam 2022  (In minutes)
Quantitative Ability (QA)
Multiple choice (MCQs)
30
40
Quantitative Ability (QA)
Short Answer (SA)
15
40
Verbal Ability (VA)
Multiple Choice Questions (MCQs)
45
40

Step 2.2: IIM Indore IPMAT 2022 Marking Scheme & Question Topics
Below is shared the revised marking scheme and key topics on which questions are asked in IPMAT 2022 exam pattern:

IPMAT Sectional Weightage 2022
Key Topics
Total Number of Questions
Time Allotted
Marks for Right Answer
Marks for each Wrong Answer
Quantitative Ability (MCQs + SA)
Quantitative Ability: Percentages, Profit and Loss, Number System, Average
Data Interpretation (DI)
Logical Reasoning (LR)
45 (30 MCQs + 15 SA questions
80 Mins
4
-1 (For SA & MCQs)
Verbal Ability
Reading Comprehension;
Vocabulary; Logical Completion of Paragraph; Essay; More questions on Para Jumbles
45 Qs
40 Mins
4
-1
Total
 
90
120 Mins
360
 

Step 3: Shortlist for IIM Indore Selection Process
Those who clear the IPMAT 2022 exam cut offs will be shortlisted for IIM further rounds of IIM IPM Indore Counselling 2022 process. The shortlisted candidates on the basis of IPMAT 2022 need to appear for personal interviews. The eligible pool for Personal Interview (PI) is created considering only the candidates having positive raw scores and a minimum mark in each of the three sections of Aptitude Test.

3.1 IIM Indore Cut offs for IPM admission 2022
The eligible pool for shortlisting for Personal Assessment (PA) is created considering only the candidates having positive raw scores and a minimum marks in each of the three sections of Aptitude Test.

  • The minimum IPM cut off marks in each section will be decided by the Admissions Committee
  • The minimum cut off marks in each section will be based on the categories of applicants
  • Individual regret letters will not be sent to applicants who are rejected at this stage.
  • Expected category wise IPMAT 2022 cut off, out of 360 marks is as below.

Please note that it is the likely cut off based on analysis of the IPMAT exam difficulty level. Actual cut off may go up or down depending upon the parameters which are taken into account by IIM Indore for shortlisting and as shared below in the table

Category
Expected Cut off
General
240-250
EWS
210-220
NC-OBC
185-200
SC
140-150
ST
140-150
PwD
170-190

3.2 Maximum Weightage to Sectional scores in Shortlisting
Sufficient number of candidates will be shortlisted for Personal Interview (PI) for each category (General, EWS, NC-OBC, SC, ST and PwD) using the merit list generated based on Aptitude Test Score (ATS) as mentioned below

Section
Maximum weightage
Weightage calculation formula
Quantitative Ability (MCQ)
25
(Candidate's Score-Minimum Score)  (Maximum Score - Minimum Score)
Quantitative Ability (SA)
25
(Candidate's Score-Minimum Score)  (Maximum Score - Minimum Score)
Verbal Ability (MCQ)
50
(Candidate's Score-Minimum Score)  (Maximum Score - Minimum Score)
IPM AT 2022 score (ATS)
100
Sum of all the scores arrived

The Maximum and Minimum scores are the highest and lowest scores obtained in respective sections by the candidates from the eligible pool.

Step 4: Personal Interview
Shortlisted candidates will have to appear in Personal Assessment round. The personal assessment/interview judges the students’ level of confidence, communication skills, general awareness, persuasion skills and knowledge.  IIM Indore also expects a consistent and minimum performance in the different parameters of Personal Interview, which will be decided by Admissions Committee. Candidates not meeting the minimum performance in any of parameters will not be considered for the next stage of selection process

Step 5: IIM Indore IPM BBA Admission 2022: Final Selection
Best 150 candidates who have done well in IPMAT, have good academics, perform well in personal interview, will be granted IIM Indore IPM BBA Admission 2022. The final selection in IIM Indore IPM BBA Admission 2022 will be based on Composite Score. Category wise merit list will be generated based on Composite Score (CS) as mentioned below

Step 5.1: Composite Score (CS) Calculation for IIM Indore IPM Admission 2022

IPM 2021 Final Admission Component
Weightage for IPM Admission 2022
Comments
Aptitude Test Score (ATS)
 65
Sectional & Overall score will be considered
Personal Assessment
 35
Will be either PI or VBA
Composite Score (CS) - Sum of above scores
100
Minimum performance in each required

10. IIM Indore IPM Important Dates
IIM Indore IPM 2022 important dates for admission are:

IIM Indore IPM 2022 Admission Schedule
Key Dates
IPM Registration & Application start date
April 12, 2022
IPM Registration 2022 Last date
May 25, 2022
IPM AT 2022 Admit Card Download Start Date
June 18, 2022
IIM Indore IPM Entrance IPMAT 2022 exam date
July 2, 2022
IPMAT 2022 Result Date
July 15, 2022 
IIM Indore IPM Shortlist Release Date
July 2022 last week
Personal Assessment (PA) –Final selection round
August 2022 second week
Provisional IPM Admission offers
August 2022 last week
IPM 2022-27 Programme registration
August 2022 last week

Established in 1996, IIM Indore is the sixth in the family of 20 Indian Institutes of Management. Since its inception, IIM Indore has been acting as a leader in the field of management education, interfacing with the industry, government sector and PSUs. IIM Indore is registered as a Society under Societies Registration Act, 1973. Prof. Himanshu Rai is the new director of  IIM Indore.

Stay tuned to MBAUniverse.com for more updates on IIM Indore 5 Year IPM Programme

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