Five-Year Integrated Programme in Management

What is the IPM Programme at IIM Indore?

The Integrated Programme in Management (IPM) at IIM Indore is a flagship offering and a pioneer in India’s undergraduate management education landscape. Launched in 2011, it was the first program in India to offer a full-fledged five-year dual-degree course combining a Bachelor’s level education (BBA) in the first three years with the Post Graduate Programme in Management (PGP)—IIM Indore’s prestigious MBA—in the final two.

The program was born out of a bold vision: to shape high-potential young minds into future business leaders, entrepreneurs, and change-makers, starting right after Class 12. Over the years, the IPM has gained immense traction and prestige, consistently attracting the country’s best talent, and has been emulated by other IIMs like Rohtak, Ranchi, Jammu, and Bodh Gaya.

Five-Year Integrated Programme in Management (IPM) at IIM Indore

Degree Awarded

Students admitted to the IPM and completing all academic requirements are awarded two degrees by IIM Indore:

Bachelor of Arts (Foundations of Management) – After completing the first three years.
Master of Business Administration (MBA) – After successful completion of the final two years, which are integrated with the regular MBA (PGP) cohort.

This dual-degree structure is in line with international management education models, offering both early immersion and academic depth.

AICTE Approval and Accreditation

The IPM programme is approved by the All India Council for Technical Education (AICTE) and IIM Indore is Triple Crown Accredited—holding EQUIS, AACSB, and AMBA accreditations—placing it among a very elite group of business schools globally.

Objective and Philosophy

The central mission of the IPM programme is to develop socially conscious, competent leaders. This is achieved through a unique curriculum design that blends liberal arts, quantitative methods, and business fundamentals. The goal is not just to prepare students for corporate careers, but to shape them into adaptable problem-solvers who can lead across domains, geographies, and challenges.

From the start, the IPM focuses on nurturing:

Analytical rigor (through mathematics, statistics, logic)
Communication and leadership skills (via workshops, debates, team projects)
Global perspective (via international exchange programs and case-based pedagogy)
Ethical and social awareness (via social internships and courses on philosophy and ethics)

A Unique Value Proposition

For students looking to commit to a management career early, IPM offers three unparalleled advantages:

Brand IIM – Entry into one of India’s most respected management institutes without waiting to take the CAT or gain work experience.
Integrated Learning – Five years of continuous and cumulative learning with a seamless transition from undergraduate to postgraduate levels.
Career-Ready Exposure – Two internships (social and corporate), active student clubs, industry mentorships, and participation in national and international competitions.

Curriculum Breakdown – What You’ll Study in IPM at IIM Indore

The IPM curriculum at IIM Indore is thoughtfully designed to span five years and integrates liberal arts and management sciences to build well-rounded future leaders. This two-phase academic structure provides students with the foundational knowledge of humanities and sciences in the first three years, followed by a deep dive into management during the last two years, alongside MBA students of IIM Indore.

Phase 1: Foundation Years (Years 1–3)

In the first three years, students pursue a broad-based education that nurtures analytical thinking, creative expression, and ethical decision-making. This phase is divided into three key modules:

1. Quantitative Building

A strong emphasis is placed on quantitative methods to develop problem-solving skills essential for modern managers.

Courses include:

Business Mathematics
Statistics
Calculus
Linear Algebra
Probability Theory

These subjects not only form the backbone of analytical reasoning but also lay the groundwork for courses in finance, analytics, and operations management in the later years.

2. Social Sciences & Humanities

This module helps students develop a nuanced understanding of the socio-economic and cultural contexts of business.

Core subjects include:

Psychology
Sociology
Political Science
History
Philosophy
Economics

Through these courses, students gain insights into human behavior, governance systems, ethics, and public policy—skills that are crucial for ethical leadership.

3. Communication & Leadership Development

Effective communication is at the core of managerial success. This track includes:

English Literature & Language
Business Communication
Writing & Presentation Workshops
Theatre & Debating

These courses train students in articulation, public speaking, persuasion, and professional writing.

Language Requirement:

Students must choose a foreign language (French, Spanish, or German), fostering international readiness and improving cultural sensitivity.

Evaluation System:

The assessment strategy includes quizzes, projects, term papers, presentations, and final exams. Continuous evaluation keeps students engaged and allows for holistic development.

Phase 2: MBA Years (Years 4–5)

From the fourth year onward, IPM students merge seamlessly with the PGP (MBA) cohort at IIM Indore. They study advanced management courses delivered by IIM’s globally recognized faculty and visiting professors from universities like NYU Stern, ESSEC, and Frankfurt School.

Key Functional Areas Covered:

Marketing Management
Financial Management
Operations Management
Human Resource Management
Strategic Management
Business Analytics
Corporate Governance
Entrepreneurship

Students can specialize through a range of elective courses offered in their final year, with opportunities to pursue:

Cross-functional concentrations (e.g., Marketing + Analytics)
Sectoral electives (e.g., Fintech, ESG Strategy, Luxury Management)

Learning Beyond the Classroom

Case-Based Learning: Using real-world business dilemmas.
Industry Interactions: Guest lectures, leadership talks, and workshops by CXOs and alumni.
Simulation & Experiential Learning: Role plays, negotiations, simulations, and live consulting projects.
International Exchange: Over 40 MoUs with institutions in Europe, North America, and Asia.

Internships & Global Exposure – Building Real-World Readiness

The IPM programme at IIM Indore goes far beyond academics. A distinctive feature of the curriculum is its dual-internship model, which exposes students to both grassroots social challenges and corporate decision-making. Alongside this, global immersion opportunities help shape students into adaptable, culturally aware professionals ready for a global career.

Social Internship (End of Year 2)

At the end of the second year, students undertake a mandatory social internship with NGOs, CSR wings of corporates, or government bodies. This internship is a direct outcome of IIM Indore’s mission to develop socially conscious leaders.

Objectives:

Develop empathy and community engagement.
Understand the ground realities of India’s development sector.
Apply classroom learnings to real-life social issues.

Typical Roles & Projects:

Designing literacy modules for underprivileged children.
Working on rural livelihood programs.
Conducting financial literacy workshops.
Researching social impact assessments.

Partner organizations range from large-scale NGOs like Pratham, Teach for India, Samhita, and Seva Mandir, to CSR divisions of companies like Tata Trusts and Infosys Foundation.

Business Internship (After Year 4)

Between the fourth and fifth years, IPM students complete a corporate internship, similar to what MBA students do. This is a crucial gateway to full-time roles post-graduation.

Objectives:

Solve real-world business problems.
Gain hands-on industry experience.
Strengthen functional knowledge in marketing, finance, analytics, etc.

Internship Domains Include:

Strategy consulting
Financial analysis
Product management
Digital marketing
Operations and supply chain
Business analytics

Recruiting Companies Include:

BCG, Bain & Co., Deloitte, EY-Parthenon
Amazon, Flipkart, Google, Microsoft
Goldman Sachs, JP Morgan, Citi
Tata Administrative Services, Hindustan Unilever, ITC

These internships often translate into Pre-Placement Offers (PPOs) and help students secure high-impact roles immediately after graduation.

International Exchange and Study Abroad

To prepare students for the demands of a globalized business world, IIM Indore has established exchange programs and MoUs with over 40 international universities. Eligible IPM students can participate in semester-long exchange programs during Year 3 or 4.

Notable Partner Institutions:

University of Essex, UK
Bocconi University, Italy
ESCP Europe
Asian Institute of Management, Philippines
Frankfurt School of Finance and Management, Germany

Benefits of International Exposure:

Learn diverse cultural and business norms.
Build a global peer network.
Attend seminars and classes with international faculty.
Experience life and academics at top global business schools.

In some cases, students also pursue joint research projects or international competitions (like Hult Prize, Global Case Study Challenges) during these stints.

Outcome: Practical Intelligence + Global Competence

By the end of five years, IPM graduates are not only academically proficient but also:

Culturally adaptive
Industry-ready
Socially aware
Globally exposed

These attributes give them a distinct edge in placements and long-term career trajectories.

IPM IIM Indore Admission Process – IPMAT, Interviews & Eligibility

Getting into the IPM programme at IIM Indore is no small feat. With tens of thousands of students applying for just 150 domestic seats, the selection process is designed to identify not just academic toppers, but also students with managerial aptitude, leadership potential, and critical thinking skills.

Eligibility Criteria (For IPM 2025)

To apply for the IPM at IIM Indore, a candidate must fulfill the following conditions:

Educational Qualification: Passed Class XII/HSC or equivalent examination in 2023, 2024, or appearing in 2025.
Minimum Marks:
- General / OBC / EWS: Minimum 60% aggregate in Class X and XII.
- SC / ST / PwD: Minimum 55% aggregate in Class X and XII.
Age Limit: Applicant should be born on or after August 1, 2005 (for General/EWS/OBC). Relaxation of 5 years applies for SC/ST/PwD candidates.

Students from any stream – Science, Commerce, or Humanities – are eligible to apply.

Admission Stages

Admission to IPM is based on a three-stage selection process:

Stage 1: IPMAT (IIM Indore Aptitude Test)

The Integrated Programme in Management Aptitude Test (IPMAT) is the first and most critical step.

Exam Pattern:

Section	No. of Questions	Time
Quantitative Ability (SA)	15	40 min
Quantitative Ability (MCQ)	30	40 min
Verbal Ability (MCQ)	45	40 min
Total Duration	—	120 min

Key Points:

SA (Short Answer) questions require typed numeric answers—no options.
There is negative marking of -1 for incorrect MCQs; no negative marking for SA.
The exam tests logic, math up to Class 11–12 level, and English comprehension and vocabulary.

Stage 2: Shortlisting for Personal Interview (PI)

Candidates clearing the minimum cut-off in all three sections are shortlisted based on their overall performance in IPMAT.

Note: The cut-off varies each year and depends on the applicant pool and difficulty level.

Stage 3: Personal Interview (PI)

Shortlisted candidates are called for an interview, which tests:

Communication skills
Confidence and clarity of thought
Career goals and awareness
Academic interest and personality

Interviews are conducted online or at designated IIM Indore centers across India.

Final Selection Criteria (2024 Weightage)

Component	Weight (%)
IPMAT Score	65%
Personal Interview	35%

Additional consideration is given to gender diversity and academic background in the final composite score.

Application Timeline – IPM 2025

Event	Date
Application Opens	February 14, 2025
Last Date to Apply	March 27, 2025
IPMAT Exam	May 12, 2025 (2–4 PM)
PI Shortlist	June 2025 (Tentative)
Interviews	June–July 2025
Final Admission Offer	July 2025
Program Commencement	August 2025

IPM IIM Indore Fees, Scholarships & Financial Support

While the IPM programme at IIM Indore is a premium offering in management education, the institute is committed to making it accessible to deserving candidates through transparent fee structures and financial aid mechanisms. Let's break down the cost of pursuing IPM and what support is available.

IPM IIM Indore Fee Structure (Domestic Applicants)

The programme is divided into two phases — the first three years (undergraduate) and the last two years (MBA level), and the fees differ accordingly.

Phase 1: Years 1–3 (Undergraduate)

Tuition Fee: INR 5,00,000 per year
Total (3 Years): INR 15,00,000

Includes tuition, lodging, internet access, library usage, and academic services.

Phase 2: Years 4–5 (Postgraduate – MBA level)

Fees for these two years are equivalent to IIM Indore’s flagship PGP programme and are subject to revision each academic year. Currently:

PGP Fees (2024–25): Approx. INR 10–12 lakhs per year
Total (2 Years): INR 20–24 lakhs

Total Estimated Fee for 5 Years

Overall Cost: INR 35–39 lakhs (excluding additional expenses)

📌 Note: This estimate does not include personal expenses, laptop, mess charges, medical insurance, or travel. These may add approx. INR 2–3 lakhs over five years.

Fee for International Applicants

For the first three years, the fee for international students is approximately USD 11,000 per annum, with the last two years following the PGP fee structure applicable to international candidates.

Hostel & Accommodation

Shared accommodation is provided for the first three years.
Single occupancy rooms are typically allotted during the last two years (MBA phase).
Accommodation fees are included in the tuition structure for domestic students.

Scholarships and Financial Aid

While IIM Indore does not offer direct scholarships for IPM, students can avail the following financial support:

1. Need-Based Financial Aid

Offered to students whose family income is below a certain threshold. Candidates can apply after securing admission by submitting:

Income certificate/IT returns
Academic records
Bank statements

The aid is assessed and granted on a case-by-case basis by IIM Indore’s Financial Aid Committee.

2. Merit-Based Scholarships (External)

Several external organizations and state/central government bodies provide scholarships for meritorious students, especially for SC/ST/OBC and economically weaker sections. Students are encouraged to apply independently post-admission.

3. Education Loans

Given the IIM brand reputation, most banks (SBI, HDFC Credila, ICICI Bank, etc.) offer collateral-free education loans up to INR 40 lakhs. Interest rates typically range from 8% to 10% with flexible repayment terms after graduation.

Value for Money

Despite the significant investment, IPM at IIM Indore delivers exceptional ROI due to:

Early entry into India’s top MBA program
Prestigious internship and placement opportunities
High earning potential immediately after graduation

IPM IIM Indore Placement Highlights & Career Opportunities

The hallmark of the IPM programme at IIM Indore is its seamless integration with the Post Graduate Programme in Management (PGP)—India’s most sought-after MBA. As a result, IPM graduates sit for placements alongside PGP students, unlocking high-paying and prestigious job opportunities in top companies across sectors.

Final Placements: IPM Batch 2022–2024

The 2024 final placement report reaffirms IIM Indore’s position as a top-tier business school.

Key Highlights:

Placement Rate: 100%
Average CTC: INR 25.68 LPA
Median CTC: INR 24.00 LPA
Highest CTC: INR 1 Crore (International Offer)
Top 100 Avg. CTC: INR 37.33 LPA
Companies Participated: 150+ recruiters

These numbers position IPM graduates on par with, or ahead of, traditional MBAs from many Tier-1 business schools.

Sector-Wise Placement Breakdown

Domain	% of Offers
Consulting	25%
Finance & BFSI	19%
IT/Analytics	19%
General Management, HR	25%
Sales & Marketing	12%

Consulting and Finance continue to be the top two domains, with roles becoming increasingly strategic and high-impact.

Top Recruiters

A mix of legacy firms, unicorns, MNCs, and startups consistently hire from the IPM-PGP cohort. Some of the most prestigious recruiters include:

Consulting: Bain & Co., BCG, McKinsey, EY-Parthenon, Accenture Strategy, Kearney
Finance: Goldman Sachs, JP Morgan, Citi, HSBC, Deutsche Bank
Tech/Product: Microsoft, Amazon, Flipkart, Google, Razorpay, Zomato
FMCG & General Management: Hindustan Unilever, ITC, Tata Administrative Services, PepsiCo, Aditya Birla Group
Startups & Unicorns: Swiggy, Urban Company, Cred, Meesho

Many IPM graduates also receive Pre-Placement Offers (PPOs) during their business internships between Year 4 and 5.

Roles Offered

Graduates are hired into high-impact, mid-senior level roles, with fast-track leadership programs in areas such as:

Strategy Consulting
Financial Analyst & Investment Banking
Product Management
Business Analyst
Supply Chain & Operations
Brand Management
HR Leadership Programs

Alumni Impact

IPM graduates have made their mark not only in placements but also in top global graduate programs, entrepreneurship, and public leadership. Many have gone on to pursue:

Master’s in Public Policy (MPP) at Harvard
PhD programs in Behavioral Sciences and Economics
Startups backed by VC firms
Government fellowships like LAMP and SBI Youth for India

Long-Term Career Trajectory

With IIM Indore's PGP degree, strong early internships, and cross-disciplinary knowledge, IPM graduates enjoy accelerated career growth in consulting, finance, tech, and corporate leadership. The early start also means they have a longer runway to climb to CXO-level roles or pivot into academia, public service, or entrepreneurship.

Who Should Choose IPM at IIM Indore? – Is This Path Right for You?

The Integrated Programme in Management (IPM) is not just a five-year academic plan—it’s a life-transforming commitment. It suits a very specific kind of student: one who is intellectually curious, ambitious, and ready to start shaping their leadership journey at 17 or 18.

So, who exactly is the ideal IPM candidate?

1. Students with a Clear Inclination Toward Management

If you're a high school student who already finds business strategy, economics, or data fascinating, IPM gives you a head start. You won’t have to wait for graduation or attempt multiple entrance exams—you begin your MBA journey right after Class 12.

2. Multidisciplinary Thinkers

IPM’s curriculum is rooted in the liberal arts, quantitative reasoning, and management science. Students who enjoy a mix of mathematics, social sciences, and creative problem-solving will thrive in this intellectually rich ecosystem.

3. Curious, Creative & Self-Driven Learners

The pedagogy at IIM Indore is case-based, experiential, and collaborative. There are no spoon-fed lectures here. IPM students are expected to:

Question conventional wisdom
Debate ideas
Lead student-run clubs and enterprises
Solve real-world problems via internships and projects

This is ideal for students who learn by doing and thinking, not just by memorizing.

4. Students Seeking a Global Edge

With opportunities like international exchange programs, foreign language learning, global faculty, and exposure to multicultural teams, IPM students graduate with an edge in global employability. Those interested in global MBAs or careers abroad often use IPM as a launchpad.

5. Individuals Looking for Value + ROI

Although IPM is a significant financial investment (INR 35–39 lakhs over five years), the average placement CTC of INR 25.68 LPA and the prestige of an IIM MBA degree makes it one of the best ROI options for management aspirants in India today.

Who Might Not Prefer IPM?

Students unsure about committing to business at 17 may want to explore broader undergraduate options first.
Those aiming for specialized careers in medicine, engineering, or law might find better-aligned routes elsewhere.
Creative arts or research-driven students may find IPM’s corporate focus limiting unless complemented with other qualifications.

Final Takeaways – Is IPM at IIM Indore Worth It?

✅ Yes—if you want to enter the world of management early with the IIM brand.

✅ Yes—if you're looking for a rigorous academic experience and global exposure.

✅ Yes—if your long-term goal is leadership in business, policy, or entrepreneurship.

IPM is not a shortcut—it’s an accelerated, immersive, and world-class path to a management career. With world-class faculty, unmatched placements, and a brand that opens doors globally, it’s India’s most powerful undergraduate management program today.