Indian Institute of Management (IIM) is India’s most sought-after management institution. Thousands of students take the IPMAT exam yearly to get into the Integrated Program in Management (IPM) course. This five-year program provides a strong foundation for aspiring students who want to become skilled leaders and managers. After the course ends, IIM offers a graduate and postgraduate degree. Students nationwide seek admission into IIM Institutes to gain experience and better placement opportunities. Let’s examine the benefits of doing an IPM course from IIM.Â
Advantages of Doing an IPM Course from IIM Institutes
Top IIM institutes like IIM Rohtak, IIM Indore, IIM Ranchi, IIM Jammu and IIM Bodhgaya offer the five-year Integrated Program in Management course. The benefits students can gain from completing the course are explained further.
Get an Early Start After Class 12 Through IPM Course by IIM
Traditional MBA degrees require students to first complete their bachelor’s degree along with some work experience. However, in an IPM program, students can start their managerial studies right after class 12th.
Early exposure to management studies provides the below-mentioned benefits to the students:
- It provides ample time to understand all the fundamentals of business and management in depth.
- Students can develop business acumen at a young age.
- Students can learn a focused syllabus that develops leadership and management skills from the onset.
Extensive Curriculum of IPM Courses by IIM
Although the curriculum is extensive, it is well structured. It is designed to blend diverse fields such as mathematics, economics, finance, etc. The curriculum helps the students become skilled professionals and gives them an edge over others.
The curriculum helps the students strengthen the foundational subjects and enhance their quantitative, verbal and communication abilities.
The curriculum also involves internships and real-life projects that give students global exposure and present better opportunities.
The Brand Value of IPM Course From IIM
The IIM is known for its quality education. Hence, the graduates who complete their IPM course with IIM end up with excellent job opportunities that provide lucrative packages. IIM students are known to get better roles and designations. Also, IIM students who start their businesses succeed thanks to the overall value of the IIM brand.
The Prestigious Faculty at IIM
The faculty at IIM are experts in their fields. They offer training and mentorship to students at par with global standards. IIM graduates get to learn from some of the best faculty members. Their knowledge and expertise enable the students to understand topics in-depth and learn real-world applications. At IIM, students also research and collaborate with esteemed faculty members.
Holistic Development Through IPM Course By IIM
IIM shapes its students not just with subject-related knowledge but also with their overall personality. Besides the curriculum, students can explore extracurricular activities, join clubs and form committees. It fosters management skills in the students from an early age. Students can take part in cultural programs at the international level, too. IIM thus provides all-around development for its students.
Excellent Learning Environment
IIM’s prestigious status attracts some of the best minds in the country. It helps foster healthy competition between peers. Students collaborate with peers with similar interests and intellect. Peer learning promotes interpersonal attributes like teamwork and empathy. These skills make the students better people, leaders, and managers.
Placement Opportunities Through IPM Course by IIM
Students who join IIM get complete placement assistance. Top companies at both national and international levels hire IPM graduates, and these companies pay handsomely. Below is the list of the highest packages that graduates have received at different IIM institutions.
| IIM Institute | Highest Package |
| IIM Indore | ₹1 crore per annum |
| IIM Ranchi | ₹37.91 lakhs per annum |
| IIM Rohtak | ₹48.25 lakhs per annum |
| IIM Jammu | ₹64 lakhs per annum |
| IIM Bodhgaya | ₹32.50 lakhs per annum |
Alumni Networking
IIM graduates have opportunities to network with IIM alumni who are leaders and entrepreneurs in various fields. This provides insights, guidance and job opportunities.
Different Career Options After Doing an IPM Course From IIM
As management is required in every field, there are numerous opportunities for an IIM graduate. An IIM graduate can get significant designations like:
- Business Analyst
- Investment Banking
- Operations Manager
- Risk Manager
- Program Analyst
- Project Manager
- Marketing Manager
- Management Consultant
- Business Consultant
Financial benefits
Since the IPM program is a five-year integrated program, there is no need for an extra entrance exam for the postgraduate MBA degree. It helps to save money and effort. Moreover, the ROI is relatively high. You can recover the amount you paid as a fee at an IIM in just 1 to 2 years.
Wrapping It Up
Graduating from an IIM Institute is an experience of a lifetime. At an IIM college, graduates gain academic excellence and global exposure with internships and projects. You get to learn from the best faculty in the industry. Also, the alumni network can help you advance in your career, whether getting placements at top companies or starting your venture. You will also meet like-minded people while studying at IIM Institute. Ultimately, it’s the brand that counts too, and IIM institutes provide you with just that. With all the benefits together, if you are an IIM graduate, you are sure to succeed in your life.
FAQs
Can I opt out if I do not want to continue the five-year program after being admitted into an IIM Institute?
Yes, there is an option to opt out after three years once you have completed your graduate education.
What is the fee for the integrated management program at IIM institutes?
The fee for the IPM program ranges between ₹25 lakhs and ₹35 lakhs, depending on which IIM institute you choose.
Can I get an international internship after I complete the IBM program?
Yes, internships are available on a national and international level. You can also get an internship after three years or wait to complete your program and then go for an internship.
What is the difference between an IPM program and an MBA?
The IPM program is a five-year integrated program offering two degrees where you can start right after your 12th class. In contrast, the MBA program is a two-year program that students can pursue after they have completed their graduation.
