The Integrated Program in Management Aptitude Test (IPMAT) is an entrance exam that candidates must pass to enrol in the Integrated Program in Management courses at IIM Indore,IIM Rohtak, IIM Jammu and IIM Bodhgaya. The program prepares candidates to become skilled managers and leaders. Given the extensive knowledge, versatile skills, and training candidates receive from the IPM courses, they have numerous career opportunities.Â
Let’s dive deeper into the career opportunities after IPMAT and the pay scales IPM graduates can get.
Different Career Opportunities After IPMAT
Due to the diverse knowledge that IPMAT candidates accumulate, there are plenty of opportunities in various fields with excellent packages. Below are the different sectors where students can find placements after their IPM course;
Banking & Finance Sector
After completing an IPM course, students gain financial, economic, and accounting skills. These quantitative and analytical skills also enable them to work in the banking and finance sector, where they can get lucrative packages.
Financial firms like JP Morgan Chase, HSBC Bank, and ICICI Bank hire IPM graduates. Below are some roles and designations that IPMAT graduates can get hired for:
- Investment Banker
- Financial Analyst
- Managerial Roles
Corporate Sector
The IPM program’s fundamentals develop students’ strategic thinking, analytic and critical decision-making, and leadership skills. These attributes make the students perfect for managerial/leadership roles in corporations and Multinational Corporations (MNCs).
Companies like Accenture, Deloitte, Capgemini, KPMG, McKinsey and HSBC recruit graduates who completed their IPM course. Some roles where IPM graduates are hired are as follows:
- Program Analyst
- Operations Trainee
- Project Management Trainee
These roles are just the starting point in a career after IPM. With time, candidates can also be appointed to leadership roles like CEO (Chief Executive Officer) or COO (Chief Operating Officer).
Advisory and Consulting
Problem-solving and analytical thinking are highly appreciated in the consulting and advisory field. Students who complete IPM can use their skill set to gain consultant positions at top companies.
Companies that actively hire IPM graduates in advisory and consulting roles include Boston Consulting Group, McKinsey, Deloitte, and Bain & Company. Some of the roles that IPM graduates get hired for are as follows:
- HR Consultant
- Management Consultant
- Operations Consultant.
- Business Analyst
Marketing and Advertising
Several marketing firms hire IPMAT graduates, as the IPM programs equip students with skills such as market research and analysis, understanding consumer behaviour and digital marketing and advertising.
IPM graduates are hired by companies like Coca-Cola, Proctor & Gamble, Unilever, and Amazon to increase their brand value. Some roles that candidates get hired for are as follows:
- Marketing/Advertising Manager
- Brand Manager
- Digital Marketing Specialist
Over time, with experience, students can also get higher designations.
Operations
IPM graduates are trained in operations and possess knowledge of Supply Chain Management. Hence, they can be an asset to firms seeking to optimise their business operations.
Top companies that hire IPM graduates for various operation roles include Tata Steel, Amazon, Flipkart, etc. Some roles that IPM graduates can land include the following:
- Operations Manager
- Supply Chain Manager/Analyst
Human Resource Management
The IPM Program teaches students about various aspects of human resource management, such as organisational development and employee relations.
Organisations like Infosys, Deloitte, Accenture, and Amazon hire IPM graduates for various roles in the HR field. Below are some roles that IPM graduates can get hired for:
- Talent Acquisition Specialist
- HR Manager
Government and Public Sector
Due to the management skills obtained by IIM students, several government undertakings offer different positions to IIM graduates. Roles for which an IPM graduate gets hired include:
- Project Manager
- Policy Analyst
Entrepreneurship
An IPM graduate has numerous skills, such as critical thinking, decision-making, management, resource management, etc. They can utilise all these skills to start their own business and take it to greater heights as entrepreneurs.
Other Options for IPM Graduates
IPM graduates can get into new emerging sectors like:
- Data Analytics
- Technology Management
Besides these, IPM graduates can also opt for further studies where they can get a Ph.D. or specialisations like CFA (Chartered Financial Analyst). They can also get into learning and development fields.
What Makes IPM Graduates Stand Out?
The Integrated Program in Management (IPM) program offers comprehensive knowledge that combines theoretical and practical knowledge. IIM, one of the top business schools, provides its students with conceptual knowledge, internships and live projects. This helps the students understand and apply the fundamentals of business, management and economics more deeply.
Average Payscale of an IPM Graduate in Various Fields
IIM graduates procure lucrative packages in different sectors. Below is the list of payscale that an IIM graduate gets in various sectors:
| Field/Sector of Employment | Average Pay Scale |
| Banking & Finance Sector | ₹15 to 30 Lakhs Per Annum |
| Corporate Sector | ₹10 to 25 Lakhs Per Annum |
| Advisory and Consulting | ₹10 to 20 Lakhs Per Annum |
| Marketing and Advertising | ₹8 to 20 Lakhs Per Annum |
| Operations | ₹6-15 Lakhs Per Annum |
| Human Resource Management | ₹6-15 Lakhs Per Annum |
| Government and Public Sector | ₹5 to 12 Lakhs Per Annum |
Conclusion
Candidates who have graduated from IIM have numerous opportunities. The extensive syllabus of the integrated program helps inculcate valuable skills in the candidates, which later helps them land lucrative placements. IPM graduates can get placements in various sectors, such as Banking and finance, Marketing and advertising, Government Sectors, Management, Advisory and consulting, Human Resource Management and Supply Chain Management. Students can also opt for additional degrees, like a Ph.D., to enhance their career prospects.
FAQs
What type of industries hire graduates from IIM?
IIM graduates have career opportunities in various industries, such as consulting, management, e-commerce, manufacturing, exports and imports, technology, and finance.
Can I get placed internationally if I have completed my IPM program from IIM?
Once you have completed your IPM course, plenty of opportunities are available nationally and internationally. Students can be hired by multinational companies in international locations. The sectors where IPM graduates get international placements are mainly finance, technology and consulting.
How is the Integrated Program in Management helpful to the students?
The integrated program in management has a rigorous curriculum that shapes the foundation of business and analytical skills. Moreover, internships and real-life projects give the students hands-on knowledge and experience.