An Integrated Program in Management (IPM) is a five-year comprehensive management program. It offers BBA/BMS/BBM + MBA that helps students to prepare for the managerial roles after their 12th standard. It is a niche program in management after 12th.It is the combination of undergraduate and postgraduate course that focuses on management throughout the program period.
|Institute||Program||Fees (in Rs.)||Avg. Salary||No of Seats|
|IIM Rohtak||Integrated Programme in Management||4.10 lakh per year||11.85||160|
|IIM Indore||Integrated Programme in Management||4 lakh per year for the first three years. Fees for the last two years will be the same as that of PGP.||17||120|
|Nirma University Institute of Management||BBA+MBA (Five Year Integrated)||17.07 lakh||9||216|
The advantages and disadvantages of the IPM course are listed below:
• During the five-year course, no subject will be repeated and after two years of the programme students will learn advanced levels of management education.
• Expenses are saved as this program is cheaper compared to a usual undergraduate + postgraduate program.
• Currently there are a few top colleges offering IPM.
IPMAT 2021 exam was a computer-based online examination. The exam duration is of 2 hours. IPMAT is conducted by IIM Indore and IIM Rohtak individually. Hence, there are differences in the number of questions asked in each of the examination. It is important for students to be aware of the number of questions asked in each section and the marking scheme put in place by the exam conducting institutes.
Below are 5 strong reasons to consider an IPM course over other conventional courses:
Study options after 12th is a challenging decision-making time among students. Among a host of career options one should definitely consider IPM. Approximately, 23k students appeared for IPM 2020 entrance exam conducted by IIM Indore and IIM Rohtak for 120 and 260 seats respectively. Also, IPM enables students not to have a break between their masters which is a possibility when one pursues only under-graduation. IPM begins moulding students into a business leader right after 12th. To seek IPM admission into best colleges one has to write IPMAT, conducted separately by IIM Indore and IIM Rohtak.
Nowadays, BBA+MBA is in demand, and an MBA after your BBA complements your career by expediting your career progression. There are very few schools that give a fresh strategy to this course in India.
Integrated MBA comes with a price tag of approximately INR 25 Lakh for the entire course, if pursued from IIMs. While, there are other IPM colleges which offer the complete course at INR 6 Lakh also. IIMs have been proving themselves as the best integrated MBA colleges in India. Thus, IIMs integrated course becomes the most preferred integrated program among the students.
The courses are frequently updated based on the industry requirements to educate the students to the maximum level enabling them to reach CXO roles.
Five year integrated programme in management does enormous time saving on students part. It kills two birds with one stone. That is, one gets the chance to pursue masters as well bachelors by writing a single exam. Above that, the time a student will invest in learning the concepts to crack MBA colleges, during or after the bachelor degree is saved.
There are other integrated degree courses offered by colleges and universities in the field of engineering, medicine, etc. MBA integrated course is one of its kind which attracts corporate and industries alike. Moreover, IPM course content is tailored by leading academicians and industry experts.
Based on the recent trends. we observe that recruiters are showing more interest in IPM students and in the previous year IPM IIM Indore placements average salary increased to 22.9 Lakh from 20 Lakh per annum.
IPM placements of other universities that provide 5-year integrated MBA may not be as high as IIM Indore but surely guarantees students good salary ranging from 6-20 LPA.
Hence, if you are sure about your career path and secure a seat at IIMs, then there should be no turning back as the career progresses exponentially from there onwards. In future, we might see other top IIMs introducing these programs. Therefore, buckle up for a long ride to the top.