Q: How can I answer "Why IPM" in the IIM Indore interview? Please give a sample answer.

The best way to answer the ‘Why IPM’ question in the IIM Indore interview is to state your future career plans and explain how IPM is the perfect program for achieving those goals. The interviewer wants to know what made you choose the program. So, you need to provide a couple of valid reasons why IPM aligns with your goals. For example, you can say, the course curriculum of IPM is updated according to the current industry practices. So, it will be easier for you to pick up the skills and knowledge required to have a successful career in the industry. Having a clear idea about your future goals will help you formulate an authentic answer to this question. Also, read about the IPM program. Read about its course structure, mission, vision of the course, etc.

Question 1

What is the average package for MBA(HRM)at IIM Indore?

Accepted Answer

If you are interested in studying energy management, you can choose NTPC School of Management. The college has trained a large number of professionals over the years.

BIMTECH is better if you’re interested in any other domain. It has been offering various industry-relevant programs and good placements.

Particulars	NTPC MBA	BIMTECH MBA
Highest Package	INR 25 LPA	INR 23.43 LPA
Average Package	INR 12 LPA	INR 9.38 LPA
Fees	INR 1,630,000	INR 11 L - 13 L

With the table mentioned above, you can easily analyze the ROI and choose what’s better for you.

Question 2

How can I answer "Why IPM" in the IIM Indore interview? Please give a sample answer.

Accepted Answer

The best way to answer the &lsquo;Why IPM&rsquo; question in the IIM Indore interview is to state your future career plans and explain how IPM is the perfect program for achieving those goals. The interviewer wants to know what made you choose the program. So, you need to provide a couple of valid reasons why IPM aligns with your goals. For example, you can say, the course curriculum of IPM is updated according to the current industry practices. So, it will be easier for you to pick up the skills and knowledge required to have a successful career in the industry. Having a clear idea about your future goals will help you formulate an authentic answer to this question. Also, read about the IPM program. Read about its course structure, mission, vision of the course, etc.

Question 3

What is the future scope of IIM Indore in the PGCPF course?

Accepted Answer

The future scope of Post Graduate Certificate Programme in Finance at IIM Indore is good. This course is great for knowledge up-gradation. Most working professionals have received an increment or promotion or both after completing this course.

If you are a working professional with more than four years of experience in the industry and looking for managerial-level posts, then you can benefit a lot from this course.

The batch profile is usually a mix of Banker, CA, CS, BFSI professionals, Engineers, etc. You will learn through virtual live platforms. Classes are scheduled on weekends.

Question 4

Is the PGPMX offered by IIM Indore equivalent to PGPX offered by IIM A or the PGP offered by ISB?

Accepted Answer

All three of these courses are 1-year programs on Management for professionals with good industry experience.

PGPMX IIM Indore course curriculum is up-to-date with subjects such as social media marketing and organizational perspectives. The curriculum is designed by keeping in mind that the students have at least 5 years of experience in the industry. This course includes preparatory Harvard Business School courses, to make sure that everyone is up to speed with the rigor of the program. The class profile is diverse, so you will get amazing peer-to-peer learning opportunities.

If you have a few years of work experience, this course will help you strengthen your foundation. It will offer good career enhancement opportunities as well.

Question 5

Which percentile does an OBC candidate need to get into IIM Indore?

Accepted Answer

According to the IIM Indore admission trends, OBC students need to have a percentile of around 80 or above to get admission. Here is the overall CAT 2021 cutoff for IIM Indore.

Category	Cutoff
General	90
NC-OBC	80
SC	60
ST	50
PWD	50

Naturally, the cutoff trend is unpredictable. So, try to score as much as p[ossible to be on the safe side.

Question 6

What CAT percentile do I require to get calls from IIM Blackis, FMS, SP Jain, JBIMS and MDI Gurgaon?

Accepted Answer

For GEM, the CAT percentiles required to get an interview call from IIM Blackis, FMS, SP Jain, JBIMS, and MDI Gurgaon are

ABC and FMS: Both institutes required nothing less than 99.5. Those who get admission at a lesser percentile, usually don’t belong to the GEM category. There are many who don’t even get a call with 99.3. So to stay on the safer side, go for nothing less than 99.5.
IIM Indore and Kozhikode: Both the institutes require percentiles around 97.5 for an interview call
SPJIMR: This Institute has unique selection criteria under which CAT is given less value and calls are issued on the basis of the candidate's profile. The CAT percentile required in this case is less than the normal if you have a good academic profile along with work experience,
MDI: This institute issues calls around the 96% mark.

It’s important to know that these figures are based on trends and not on actual data so you will find exceptions everywhere. Moreover, it’s better you don’t waste time analyzing the CAT cutoff and start preparing for the same.

Question 7

What is the fee structure of IPM from IIM INDORE?

Accepted Answer

The fee structure of IPM from IIM Indore is given below in detail. The fee structure for the first three years are as follows.

The course fee for resident Indians is 4 Lakhs per annum for the first 3 years.

Head	IPM - I	IPM - II	IPM - III
Course Fee	400000	400000	400000
Medical Insurance Premium	711	711	711
Refundable Caution Deposit	50000	-	-
Mess Deposit	45000	45000	45000
Grand Total	495711	445711	445711

The course fee for International students is - 6 lakh per annum. The course fee for the 4th and 5th year students would be as per prevailing PGP fees.

Question 8

How are the fests for IPM students at IIM Indore?

Accepted Answer

My friend has graduated from IIM Indore and would describe the fests as massive events of celebration. The institute organizes a lot of literary and cultural events but the two main events in the year are as follows:

Atharv:

This is the cultural, literary, and management festival of IPM, organized each year.
A number of events in this one include managerial to marketing and b-plan events to literary and cultural events.
More than 1 lakh students participate in Atharv conducted for 3 days. These events can help you get some cash prizes as well.
The evenings feature musical and artistic performances by professionals in the field.

Another important fest is titled Ranbhoomi. It is the Annual National Level Sports Festival. This one is held for three days as well and the events range from Cricket, Basketball, Volleyball, Football, and even Chess and Arm-Wrestling.

Question 9

How's your life at IIM Indore? Is it worth joining the institute for IPM?

Accepted Answer

Yes. It is absolutely worth joining IIM Indore for the IPM Program. Though, you need to clear the IPMAT and the interviews. One of my friends had completed the IPM program at IIM Indore and here are some facts that may be useful to you.

You will have some very interesting subjects from the trinity of mathematics, social science, and performing arts. It will equip you with really dynamic skills and significant learning.
You will meet some of the best minds from diverse backgrounds in this course.
There are over 15000 applications for 120 seats. Thus, you can assume the quality of peer and peer learning.
The campus has two well-equipped gyms, an Olympic-size pool, a Finance resource centre, an Entrepreneurial incubation cell, and an Onus cashless card payment system.
Also, there are regular shuttle bus services for going into the city.
The daily schedule of the students is usually packed with classes in the morning and maybe a few more in the afternoon.
After that, there is a complete makeover, students run to juice centers, along with the Chai shops, special Indori Poha at Poha point, HUL's Adda, and many other eating points.

In the evening, things are a bit relaxed as people pursue their interests, sports or hang out with their friends. Things might be hectic on some days, but it will not be boring at IIM Indore.

Question 10

IIM Indore is best for which field?

Accepted Answer

Many of my friends graduated from IIM Indore and here is some information about the different fields in the institute.

Strategy

You will find some of the remarkable and appreciable faculties in the strategy domain.
If the candidate wants a deep understanding of this field, then they can choose this.
Some of the best-taught subjects in this domain are Business models, Mergers, and acquisition.

Marketing and Finance

The faculties of Marketing are also good.
In terms of placements, the Marketing and Finance domain had really good statistics.
But, it is important to know that this varies according to the demands of that role offered by the recruiter.

Here are the placement statistics for the year 2021.

Highest International CTC	INR 56.8 LPA
Highest Domestic CTC	INR 41.5 LPA
Average CTC	INR 23.6 LPA
Major domains	Finance and Sales & Marketing
Top recruiters	PwC, Deloitte, Optum, BCG, Amazon, Cipla, MX Player, ACT Fibernet, Paytm, Microsoft

Lastly, one can say that the candidate will be getting the best faculty to teach them in the institute. It is up to the decision of the aspiring candidate about their choice of domain. The trend of placement varies every year. It is important to choose the field of study as the interest of the candidate.