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IIM Indore vs FMS. Which one should I choose?
Do not compare FMS to IIM Indore just because it is an IIM; this is a mistake. The positions available at FMS are much better than those at IIM I. Furthermore, FMS completely dominates the field when it comes to the ideal batch size. A small batch size ensures that more candidates see the process of more companies without missing out on any opportunities, even though the roles are limited at all campuses.
- IIM Indore's well-known alumni may be alluring, but roles are typically a better metric to use when assessing a university.
- The ROI is the next significant matrix to evaluate.
- Campus Life is an additional factor to take into account.
What is the fee structure of IPM from IIM INDORE?
The IPM fee structure of IIM Indore was last updated on 16th June 2023, for the batch of 2023-28.
For Resident Indian students, the course fee for the first 3 years is Rs. 5 Lakhs per year. This fee is Rs. 7.5 Lakhs per year for International students. Other fees include a Medical Insurance of Rs. 711 each year, a mess deposit of Rs. 54,000 each year, and a refundable caution deposit of Rs. 50,000 in the first year. The caution deposit is refunded after completing the 5 year course. The course fee for 4th and 5th year will be the same as the updated PGP fees for 2026-2028 batch.
The cost of lodging, tuition, internet facilities and library is all combined into the total course fee for each year. The course fee does not include textbook cost. The course and mess charges are payable in three installments. IPM students, during the first 3 years, get a shared accommodation. Single room accommodation is made available for 4th and 5th year students.
This is the complete breakdown of fee structure for IPM at IIM Indore.
What's the secret to cracking the IPM entrance at IIM Indore?
According to some of my friends studying at IIM Indore it is your hard work and skills that would be your best companion in cracking the IPM entrance at IIM Indore.
There are a few stages in cracking IPM entrance. They are as follows:
IPMAT
- For cracking this stage you would require to have a decent knowledge of your 11th and 12th mathematical topics.
- Topics such as sets, functions, probability, permutations and combinations, algebra, coordinate geometry, areas and volumes, matrices would be necessary.
- For solving these topics in the quantitative section, you would be assigned limited time.
- The questions are usually tough.
- A total of 60 questions would be provided for you to solve in 75 minutes.
- However, the cutoff is 40 marks.
- To score well, it is advisable that you sort the logical reasoning questions beforehand to have enough time in your hand to solve other mathematical questions.
- Begin with solving simpler mathematical questions.
- Next is the verbal section. This section consists of a medium level of vocabulary questions and passage-solving questions.
- If you are fluent in English then this section would be easy. It is advisable to read English newspapers on a daily basis.
WAT and the Interview
- These take place simultaneously.
- WAT is conducted to assess the candidate’s level of English proficiency.
- It is an essay writing question.
- You need to keep up with the recent events to have an upper hand in WAT.
- The Interview is a little complicated.
- The questions are usually asked from your core subjects.
- Questions related to current events and related to politics are also asked in the interview.
Do not hesitate while answering and confidently answer the questions asked and you would be able to crack the exam easily.
How is the life of IPM IIM Indore students different from the life of students at IIT or NIT?
Because there are only 120 students, students will not be able to interact with students from different cultures, as opposed to engineering colleges, where there are 1000-2000 bachelor students, giving them the opportunity to interact with students from different cultures and organize a large number of events, cultural fests, sports events, concerts, and so on, thus enjoying college life. In terms of sports, IIM Indore offers the most options among all IIMs. Because the batch size is small, all students have the opportunity to contribute significantly to the fests and gain hands-on experience.
Cultural diversity is outstanding. If you want, you can learn a lot of languages in 5 years. Such a curriculum is not available anywhere else.
Can you share your IIM Indore interview experience?
Below is the profile and experience of one of the students who has done Mechanical Engineering Graduate from NIT Surat and has given an IIM Indore interview.
Profile - X/XII/B Tech: 95/95.6/84.7/CAT- 99.07, currently working in RIL.
There were only two panelists present during his interview, both of whom were in their forties. They started the interview by asking the student for a brief introduction, including his hobbies, interests, strengths, weaknesses, work experience, and so on. They used to frame other questions about him or his subjects based on the student's responses. They also evaluated his general knowledge, current events knowledge, and mental alertness.
You must review your bachelor's course material, remain informed about world events, see a basic understanding of the nation's economy and finances, and be extremely knowledgeable about your professional experience. Make it a habit to read the newspaper on a regular basis.
Are the girls living in the campus hostel of IIM Ahmadabad or IIM Indore allowed to go out of campus? If yes, till when and what are the procedures?
At IIM Ahmedabad, there are no restrictions on hostel timings, clothing, or entry of the opposite gender. Without any restrictions, all students are free to leave and return to campus whenever they want.
There are no restrictions on what students can wear anywhere on campus, including in class. The only exception to this rule is that students should dress formally for company presentations.
Students have complete freedom to visit the other gender's hostels whenever they want. Many of my friends had, for all practical purposes, shifted to their girlfriends' hostel rooms and were rarely seen in their own hostels. IIM Ahmedabad gives its students a lot of freedom and believes in the spirit of personal responsibility.
All IIM Indore students, including female students, are permitted to leave campus. There are campus buses that leave at regular intervals. One can also book their own transportation. The only restriction is that everyone must return by 11:30 pm unless there is a valid reason to be outside, such as a late-night flight.
How are placements at IIM Indore?
There is a lot of work that any IIM/IIT must put in these days to ensure that the flag of their respective colleges flies high, and IIM Indore is no exception.
During the IIM Indore MBA summer placements 2024, the highest and average stipends were INR 6 lakh and INR 2.74 lakh for two months, respectively. During the IIM Indore MBA summer placements in 2024, more than 140 companies made offers. Leading companies such as Bain & Company, BCG, and KPMG were among the top recruiters for IIM Indore summer placements for the 2024 batch.
Previously, the highest and average package offered to the EPGP department during IIM Indore placements in 2022 was INR 70 LPA and INR 25.90 LPA, respectively.
How similar/different are IIM Indore and Spjimr?
SPJIMR is better than IIM Indore in terms of academics, faculty, exposure, etc. The advantages of choosing SPJIMR are as follows.
- The institute follows a unique pedagogy. SPJIMR stands out because of its experimental teaching methodology and outside-the-classroom learning experiences. There are some unique programs like DOCC, ADMAP, Abhyudaya, etc. which will help you get business-ready.
- SPJIMR batch size is smaller compared to IIM Indore. So, it’s easier for students to receive decent placement offers. SPJIMR placements 2022 had an average CTC of INR 30.10 LPA.
- Students need to decide their specialization while applying at SPJIMR. As the specialization is predefined the courses are more streamlined according to the need of that specific industry. Students are better able to decide the company and job roles that want to have in the future.
These factors make SPJIMR differ from IIM Indore. As for similarities, both IIM Indore and SPJIMR have the same range of course fees. The recruiting companies are almost similar for both. The peer group is excellent at IIM Indore and SPJIMR.
Is it very tough to get into IPM IIM Indore for an average student?
With a little bit of effort, average students can get into IPM IIM Indore. If you have a flair for Mathematics and English and you have prepared well for the entrance, you should be able to clear the entrance examination.
The WAT and PI round differentiates the students who are good at solving MCQs from those who have good conceptual clarity, knowledge, and presence of mind. If you have these qualities, it won’t be that difficult to get admission to IIM Indore IPM program.
How is IIM Ahmedabad different than IIM B, C, K, and I?
IIM Ahmedabad is indeed different from IIM B, C, K, and I in many aspects. Some of these aspects are it’s:
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Discipline: when it comes to discipline, IIMA tops the list. The first year is a real-life challenge for students with hundreds of cases to study, group assignments and projects.
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Case pedagogy: This is the highlight of the IIM Ahmedabad curriculum. IIMAs curriculum aligns with that of Harvard Business School. So it focuses more on problem-solving classes.
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Architecture: IIMs pride lies in its heritage architecture. The red bricks surrounding the semicircular arches enhance the campus’ appearance tenfold.
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Crowd: Without any doubt, the cream of students get into IIMA. This is because it has the highest cutoff.
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Faculty: IIMA has top-notch faculty while some of them are IIM Ahmedabad alumni themselves.
IIM Ahmedabad is different from other IIMs in all these aspects. But what really sets it apart is its director Ravi Matthai and his systems cultivating accountability and autonomy.
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