IPM Fees vs ROI: The Integrated Programme in Management (IPM) is one of the popular career options for 12th pass candidates aiming for the best management institutes. Some popular IPM colleges include IIM Indore, IIM Rohtak, IIM Bodhgaya, NIRMA University, and TAPMI. It is a 5-year full-time course that combines undergraduate and postgraduate education. This program offers better career opportunities and equips students with skills to become excellent leaders. But the biggest concern of the students is the cost of education. IPM fees are higher compared to regular UG degrees. So, “Does the return on investment (ROI) justify the cost of IPM?” is a common query of aspiring students. Check below to know IPM fees and compare them with the placement outcomes to make an informed decision.
Join this free IPMAT preparation group to get free study material, strategies by toppers and experts, latest updates and more
What is an IPM Course?
IPM stands for Integrated Programme in Management (IPM). It aims to attract young and talented students directly after Class 12. It is a five-year dual-degree program that is divided into two parts. The first 3 years are a foundation phase that aims to build a multidisciplinary base. The remaining 2 years are a PGP phase. In this second part, the IPM batch is merged with the regular MBA course to provide management education and global exposure. Here are the top reasons why IPM is unique:
- It saves valuable time as you don’t have to appear for the CAT or other MBA entrance tests separately.
- You can effortlessly move from UG to PG without any reapplication process.
- Admission into IIMs directly after 12th.
- Gain global exposure and strong industry connections.
IPM Fees Vs ROI: Fee Structure
Analysing IPM Fees for different colleges can help you evaluate ROI. The cost of pursuing IPM often ranges between INR 10 Lakh to INR 40 Lakh. It may sound huge amount. But remember, IPM covers both UG and PG courses. Here are the IPM fees across different colleges shared below. Aspirants are advised to check the official website for the latest IPM Fees structure:
| College Name | Fees (Approx.) |
| IIM Indore | 38 Lakhs (approx) |
| IIM Rohtak | 38 Lakhs (approx) |
| IIM Ranchi | 36.5 Lakhs (approx) |
| IIM Jammu | 40 Lakhs (approx) |
| IIM Bodhgaya | 38 Lakhs (approx) |
| IIM Shillong | 38 Lakhs (approx) |
| IIM Amritsar | 39 Lakhs (approx) |
| NIRMA University | 21 lakhs (approx) |
| TAPMI | 20 lakhs (approx) |
| NALSAR | 10 lakhs (approx) |
Comparison with other Undergraduate Courses
- BBA in Private Universities: INR 15 to INR 20 lakhs for 3 years.
- B.Com /BA in Govt Colleges: INR 50,000 to INR 2 lakhs for 3 years.
- Engineering (IITs/NITs): INR 8 Lakh to INR 15 lakhs for 4 years.
IPM is a costly option after Class 12. Remember that cost is only one side but ROI tells the bigger story. So, students should compare wisely before arriving at any decision.
Return on Investment (ROI): What Does It Mean in IPM?
ROI is beyond finances when we talk about education. It showcases the relationship between what you pay and what you earn in terms of skills and opportunities. Along with the cost of IPM, students should also consider the following factors:
- Career Growth After Placements
- Quality of networking
- Global exposure
- Personal growth and confidence
Thus, students should consider short-term and long-term goals when determining ROI for IPM.
IPM Fees Vs ROI: Placements
Students often choose IPM colleges that have better placement opportunities. They aim to start earning higher packages soon after completing their degree to quickly recover their investment. Therefore, they should be aware of the placement packages of IPM colleges before joining the course. The average package offered by leading IPM colleges is between INR 15 LPA to INR 30 LPA. IPM students often do better than others because of soft skills and early exposure. Below, we have discussed the average and highest packages offered in IPM placements. However, candidates should check the placement reports available on the official website for the latest data.
| IPM Colleges | Average Package | Highest Package |
| IIM Indore | 30.21 LPA | 1.14 CPA |
| IIM Rohtak | 18.73 LPA | 36 LPA |
| IIM Ranchi | 17.30 LPA | 67 LPA |
| IIM Jammu | 16.50 LPA | 64 LPA |
| IIM Bodh Gaya | 15.68 LPA | 48 LPA |
| Nirma University, Gujarat | 12.12 LPA | 30 LPA |
| TAPMI, Karnataka | 12.6 LPA | 15.7 LPA |
| NALSAR, Hyderabad | 7.3 LPA | 9 LPA |
IPM vs Other Career Paths: Comparative Analysis
We have compared below the cost of studying IPM with other alternative career paths to guide students to make the right choice:
IPM vs BBA + MBA
The cost of studying BBA is around INR 15 lakh to INR 20 lakh, and then the MBA fees are nearly INR 26 lakh. This brings the total cost of the BBA + MBA program to around INR 40 to 45 lakhs. On the other hand, IPM fees are around INR 10 Lakh to INR 38 Lakh. The advantage here is that IPM students will not have to appear in the MBA entrance and still secure the IPM brand early.
IPM vs Engineering + MBA
Studying B.Tech at an IIT/NIT costs about INR 10 to INR 12 lakhs, and an MBA afterwards adds around INR 25 lakhs. This brings the total cost of the Engineering + MBA program to around INR 35 to 37 lakhs. The benefit is that Engineering with an MBA opens doors to diverse roles. While IPM offers management knowledge from an earlier stage.
IPM vs Commerce + MBA
Studying B.A/B.Com costs about INR 1 to INR 2 lakhs, and an MBA afterwards adds around INR 25 lakhs. This makes the total cost of the Commerce + MBA program around INR 26 to INR 27 Lakhs. It is the most affordable option, but admission into the MBA is highly competitive.
If you are looking for a structured preparation for IPMAT along with 24×7 doubt solving, then you can go for iQuanta’s IPMAT Course
