Is IPM Worth Pursuing?
The IPM (Integrated Program in Management) has become a popular choice for pupils to take their first steps toward pursuing a career in management after their class 12th.
Through the Integrated Program Management, pupils pursue the course for a three-year B.A. degree in a renowned IIM followed by years of regular MBA courses. In this way, pupils are not only exposed to an all-inclusive, well-grounded pedagogy spread throughout different domains and set off to their careers in management.
So in case you’re wondering whether it is worth pursuing IPM, it is a good opportunity for students who are interested in building a career in management. The IPM educational program will aid you in starting a brand name in the field of management sooner than you have imagined which you can achieve through the traditional pathway of post-graduation.
Also read: How to prepare for IPMAT?
Is IPM the Right Fit for You?
IPM is a much better option if you are seeking to pursue a career in management. The educational program will aid you in building a brand name in the management field. Also, make sure to check clubs and activities. Nonetheless, the 5-year IPM is a doorway for individuals who are interested in joining the corporate industry early, delivering a holistic curriculum and the reputation of studying at an IIM. So if you want to pursue a career in management after the 12th, the IPM could be the right fit for you, and here’s why:
- Integrated Curriculum: The integrated program management specifically combines undergraduate and postgraduate education in management during the five-year course, delivering a broad knowledge of the field from an early time.
- Double Degrees: After successfully finishing the IPM results in an integrated BA/BBA + MBA degree, presenting you with a useful blend of broad-based and specialized education.
- Adaptability: Pupils have the choice to quit after three years with a BBA/BA degree, delivering adaptability to personal career interests.
- Exclusivity: The Integrated Program Management is delivered by just a few IIMs, making it a distinguishable and preferred program among management students.
- Hands-on Experience: The Integrated Program Management highlights hands-on experience along with theoretical knowledge, equipping students to face actual world challenges with confidence.
- Prestige: IIMs are popularly known for their top-notch schooling, research, and vast alumni connections boosting the career prospects of their graduates notably.
- Holistic Advancement: More than academics, the IPM concentrates on extracurricular activities and the development of leadership abilities by cultivating proficient individuals.
- Worldwide Exposure: Students of IIM receive a plethora of opportunities for worldwide exposure through exchange programs and internships are an important part of the IPM, equipping pupils for international careers.
- Alumni Network: IIM graduates become an integral part of robust and significant alumni connections, delivering notable networking and career prospects and opportunities.
Benefits of Pursuing IPM
Students fresh out of school generally encounter questions like, ‘What & Why IPM?’, which is also natural as the course is just 14 years old in the country, and not everyone knows about it.
The IIMs are mainly known in their field of management education through a 5-year integrated program in management (IPM), which integrates UG and PG studies. The IPMAT Exam is a test mandated by several IIMs like IIM Indore, IIM Rohtak, IIM Ranchi, IIM Sirmaur, and other leading business schools like IIFT for its special five-year program which is BBA+MBA.
Hence, there are many benefits to pursuing the IPM program such as the IIM tag, the extensive bachelor’s education, the secured gateway to an MBA, and remarkable placement chances.
So to put it, it is quite worth it to pursue IPM as it is the gateway to many reputable business schools right after class 12th. Below is a brief overview of why IPM is worth pursuing.
The IIM Tag
The IIM tag has a significant value as the IIM tag not only delivers quality education, competitive colleagues, and great placements but it also goes far beyond just job opportunities. Moreover, the graduates of IIM who hinge on entrepreneurship also come to an end with greater opportunities.
Cost and ROI IPM
Pursuing an IPM in a reputable IIM can be more on the expensive side when it comes to the fees. However, in comparison to government institutions, the future ROI (Return on Investment) is far greater. The ROI of IIM Indore can be summed up as median placements. The total fees for an MBA program range from INR 17 lakh to INR 35 lakh which equals 0.78. So when you also include the degree, potential future earnings, and development possibility in the equation, the ROI upsurges tremendously.
The expenditures for the IPM program allow pupils to access a first-class campus, proficient mentors, like-minded individuals, openness to world opportunities, and paced personality growth that no other schools can compete with.
Career Opportunities After IPM
Management abilities are extremely treasured across many industries, more precisely if students seek management courses from leading schools. As a result, the IPM graduates from IIMs have permits to various career directions. Below are a few major job positions offered to grads of IPM from IIMs:
- Management Consultant
- Strategy Consultant
- Business Analyst
- Management Consultant
- Strategy Consultant
- Operations Manager
- Brand Manager
- Marketing Manager
- Digital Marketing Strategist
- Investment Banker
- General Manager
- Business Development Manager
- Program Analyst
- Risk Manager
- Operations Manager
- Supply Chain Analyst
- Logistics Coordinator
- Project Manager
- Business Consultant
- Product Manager
- Product Analyst
- Innovation Strategist
- Data Analytics
- Business Intelligence Analyst
- IT Consultant
- HR Manager
- Talent Acquisition Specialist
- Category Manager
- E-Commerce Specialist
- Healthcare Consultant
- Pharma Sales Manager
Conclusion
With so many benefits, one may believe that getting into an IPM course right after class 12 can sort out the majority of your worries for the future, which is also true to some extent. However, students forget the level of competition in the IPMAT exam takers and the general level of difficulty of the exam.
Almost all the IPMAT takers who also cross the finishing line opt for IPMAT coaching to assist and stand a better chance against the competition.