The Integrated Programme in Management (IPM) at IIM Indore is a five-year dual-degree program designed for students right after Class 12. It seamlessly blends undergraduate and postgraduate management education.
The first three years focus on building a strong foundation in social sciences, quantitative methods, and economics, with additional courses in psychology, literature, and philosophy to encourage holistic development. These years help students build analytical and critical thinking skills before moving into the rigorous management-focused curriculum of the final phase.
After completing the initial three years, students can:
Exit the program with a B.A. (Foundations of Management) degree, or
Continue into the PGP (MBA equivalent) phase for the final two years, where the curriculum aligns with IIM Indore’s flagship MBA program.
Students also have the flexibility to take a sabbatical of up to two years after the third year, allowing them to explore internships, startup opportunities, or other academic pursuits before returning for the PGP phase.
The IIM Indore IPM fees reflect the institute’s premier quality of education, world-class infrastructure, and access to exceptional academic and professional opportunities. While the overall cost is substantial, the return on investment — considering placement outcomes and exposure — makes it well worth it.
For the first three years, the academic fee is approximately ₹5–6 lakh per annum, which covers tuition, hostel accommodation, and campus facilities. Mess charges are separate, ranging between ₹15,000–₹18,000 per term.
The last two years, following the PGP (MBA) curriculum, cost about ₹8–10 lakh per year. The total investment for the five-year IPM program is comparable to other leading management programs but comes with the unmatched prestige and ROI of the IIM brand.
Here’s a detailed breakdown:
| Particulars | Details |
|---|
| Program Duration | 5 Years (3 Years UG + 2 Years PG) |
| Fees (First 3 Years) | ₹5–6 lakh per annum (tuition, hostel, facilities included) |
| Mess Charges | ₹15,000–₹18,000 per term (approximate) |
| Exit Option After Year 3 | Available – Degree awarded: B.A. (Foundations of Management) |
| Sabbatical Option | Up to 2 years after Year 3 before rejoining the PGP phase |
| Fees (Last 2 Years – MBA Phase) | ₹8–10 lakh per annum |
| Scholarships & Loans | Merit-based and need-based financial aid available |
One of the biggest advantages of IPM is its flexible eligibility. Unlike many competitive exams, IPMAT doesn’t restrict students based on their 10th or 12th marks, which allows bright minds from any background to compete purely on merit.
| Parameter | Requirement |
|---|
| Age Limit | Must be born on or after 1 August 2006 (for General and OBC-NCL candidates). |
| Educational Qualification | Must have passed Standard X and XII or equivalent examinations. |
| Minimum Marks Required | None — no minimum percentage required in 10th or 12th. |
| Mathematics Compulsory? | No, students from any stream (Science, Commerce, Humanities) can apply. |
This inclusivity makes the IPM program accessible to a diverse range of students — all that matters is aptitude and preparation.
Admission to the IIM Indore IPM program happens in two stages — the IPMAT exam and a Personal Interview (PI).
The IPMAT is a computer-based test of 120 minutes divided into three sections:
Quantitative Ability (Short Answer) – 15 questions
Quantitative Ability (MCQ) – 30 questions
Verbal Ability and Reading Comprehension (VARC) – 45 questions
Each section has a 40-minute limit and must be attempted in order. MCQs carry +4 for correct and −1 for wrong answers, while Short Answer questions have no negative marking.
Candidates who clear the cutoffs are shortlisted for a Personal Interview, which carries 35% weightage in the final selection (IPMAT holds 65% weightage).
Final Selection Formula:
Overall Score = 65% IPMAT + 35% PI
| Stage | Details |
|---|
| Exam Name | IPMAT (by IIM Indore) |
| Mode | Computer-Based Test |
| Duration | 120 minutes |
| Sections | QA (SA), QA (MCQ), VARC |
| Negative Marking | −1 for MCQs only |
| Age Limit | Born on or after August 1, 2006 |
| Final Selection | 65% IPMAT + 35% PI |
