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January 27, 2023
Written by
Rutvik

Why IPMAT (UG course in Management)

Pioneered by IIM Indore, the integrated program in management (IPM), is now offered by 5 IIMs across the country. IPMAT is an exam for IIM Indore and Ranchi and JIPMAT is the exam for IIM Jammu, and Bodh Gaya).

 

The course is structured as a 3-year undergraduate degree (BA/BBA) with an

Option to exit the program after 3 years or get admitted into the coveted flagship MBA program

Offered by the respective IIM.

But why IPM?

IPM course has globally been recognized as one of the most holistic courses. It is a new career option for students who want a stream other than Medical, Engineering, Law, etc. Some reasons why one can be assured about this choice are:

IIM After 10+2

While 2 lakhs+ students appear for CAT, IPM is taken by 18,000+ plus. While there is less competition due to the program being new, there is an equally promising scope. In addition, the student gets to save a year which may be spent on CAT preparation post-graduation.

Holistic Education

It’s a well-charted curriculum that enables students to pursue courses from all subjects and domains in their three years of BBA in the program.

The IIM Brand Value

Getting an opportunity to bag an IIM degree right after XII is something worth pursuing. The IIM tag has numerous benefits.

Better Placements

In comparison to other programs offered at undergraduate level, IPM has a very promising placement graph. Fresh engineering graduates may expect packages that average at ₹8 lakhs, while an IPM graduate from IIM Indore bags packages worth ₹24 lakhs on an average. Apart from monetary benefits, management students also have an upper hand in terms of the job designations.

Colleges under IPMAT & the Entrance Test

Colleges offering IPM

Entrance Exam

IIM Indore

IPMAT Indore

IIM Rotak

IPM Rotak

IIM Ranchi

IPMAT Indore

IIM Jummu

JIPMAT

IIM Bodhgaya

JIPMAT

Nirma University

IPMAT Indore

IIFT, Kakinada

IPMAT Indore

NALSAR, Hydrabad

IPMAT Indore/CLAT

TAPMI

IPMAT Indore

 

 

IPMAT Overview

  • IPMAT is usually conducted in the computer-based test mode.
  • IPMAT has three sections- Quantitative Ability (MCQs), Quantitative Ability (Short Answers), and Verbal Ability.
  • The IPMAT exam is usually of moderate difficulty level.

IPMAT Eligibility Criteria 2023

The eligibility criteria for IPMAT 2023 is as under -

  • The candidate should have scored a minimum of 60% aggregate in Class 10/SSC and Class 12/ HSC or equivalent examination in the case of the General and NC-OBC categories.
  • The candidates must have passed the qualifying examination in 2021, 2022 or in 2023.
  • Also, the candidate should be a maximum of 20 years of age as of July 31, 2023.
  • The candidate should have scored a minimum of 55% aggregate in Class 10/SSC and Class 12/ HSC or equivalent examination in case of SC, ST and PWD (DA) categories.

IPMAT Exam Structure

Exam Structure

Details

Sections

3 Sections

  • Verbal Ability (MCQ)
  • Quantitative Ability (MCQ)
  • Quantitative Aptitude (SA)

Number of Questions

100

Marking Scheme

+4 for every correct answer

-1 for every incorrect answer

Difficulty Level

Moderate 

Duration

120 minutes (2 hours)

Questions per section

QA (MCQs) - 40

Verbal Ability - 40

QA (Short Answers)- 20

Sectional time limit

Yes (40 minutes per section)

Average salary at IIM indore is in the range of Rs 25.01 LPA

*Based on 2022 Placement report

 

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