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IPM – Indian Institute of Management Indore

About IIM Indore IPM

The Integrated Program in Management or more popularly known as IPM was first launched by IIM Indore in 2011. The duration of the IPM program is 5 years, comprising 15 terms.  The first three years of the program mainly focus on the BBA curriculum and the last two years build their foundation in Post graduation (MBA). The IIM Indore IPM programme has been accredited by the Association of MBAs, London (4th and 5th Year). The program is specially designed for 12th graduates who wish to study businesses and is driven towards upskilling students with managerial and leadership prowess.

The IPM program is designed to produce contextually relevant, socially-conscious managers and leaders.

Eligibility Criteria 

For a candidate to be able to appear for IPMAT (Integrated Program in Management Aptitude Test), he/she must meet the following eligibility criteria.\

  • Age: Candidate should have been born on or after August 01, 2000 (5 years of relaxation to the candidates from SC/ST/PwD category
  • Qualifying Exam: The candidate should have passed Standard XII/HSC or equivalent examination.
  • Minimum Percentage (%) of marks: The candidate should have a Minimum 60% in standard X/ SSC and standard XII/ HSC or equivalent examinations (55 % for the candidates from SC/ST/ PwD category)

Selection Process 

The IIM Indore IPM program selection procedure is twofold and is based on a candidate’s overall performance in IPMAT, Personal Interview (PI) and evaluation of past academic records.

Fold 1: The interested candidates will first have to qualify for IPMAT Indore.

Fold 2: Only the candidates shortlisted through IPMAT Indore will proceed to the second stage, i.e., Personal Interview (PI) and evaluation of past academic records.

Only those candidates satisfying the requirements mentioned in earlier stages will be considered for the final selection and a category wise merit list will be generated based on Composite Score (CS).

Note: The pre-covid selection process of IIM Indore IPM was slightly different than the existing one and was based on a candidate’s score in Aptitude exam, Written test and a Personal Interview.

Computation of Composite Score

Component Weightage
Aptitude Test Score 45
Personal Interview (PI) 15
Past Academics (Class 10 and 12) 40 (20% each)


Highlights and Exam Pattern

  • IPMAT Indore is conducted in online mode.
  • The duration of IPMAT Indore is 1 hour and 30 minutes (90 minutes)

Marking Scheme: For every correct answer the candidate will be awarded 4 marks.

For every incorrect answer, 1 mark will be deducted.

Quantitative Ability(QA)- MCQ 40 questions -1
Verbal Ability MCQs 40 questions -1
Quantitative Ability (QA) Short Answer Questions 40 questions No Negative Marking


Fee Structure

Note: The fee structure given below is as per the 2022-2027 batch data available on the official IIM Indore website.

  • Domestic candidates: The fees for  IIM Indore IPM  is INR 4,00,000/- per annum for the first three years.
  • International candidates: The fees for IIM Indore IPM are INR 6,00,000/- per annum for the first three years.

The fee structure of IPM for the fourth and fifth years will be as per the prevailing Post Graduate Programme in Management PGP fees  at IIM Indore.

Year Fees
Fourth-year Rs. 8,00,000
Fifth-year Rs. 8,00,000
Total Rs. 16,00,000


Seat Availability and Reservation Policy

 Total seats available: 120

Candidates belonging to Non-Creamy ‐OBC, Scheduled Castes, Scheduled Tribes, and PwD categories need to produce valid Caste certificate(s) in support of their reservation category and candidates belonging to Economically Weaker Sections (EWS) need to produce a valid document ascertaining the eligibility of the candidate to apply under EWS category.

Category Percentage % of reserved seats
SC 15%
ST 7.5%
NC-OBC 27%
Person with disabilities (PwD) 5%
Economically weaker sections (EWS) 4%


Course Curriculum

Term I Microeconomics-I 4
Differential Calculus 6
Statistical Methods-I 6
Sociology-I 4
Philosophy-I 3
Language Skills in English-I 2
Introduction to Algorithms 2
Dance-I 4
Drama-I 4
Physical Training + Sports/ Social Work Non Credit Compulsory Course
Term II Macroeconomics-I 4
Integral Calculus 6
Probability-I 6
Psychology-I 4
Language Skills in English I (Part B) 2
Introduction to C 4
Drama-II 4
Dance-II 4
Physical Training + Sports/ Social Work Non Credit Compulsory
Term III Microeconomics II 4
Linear Algebra 6
Sampling Distribution & Statistical Inference 6
Political Science I 2
Philosophy II 2
Presentation Skills 4
Introduction to Data Structure 2
Introduction to Databases 4
Drama III 4
Dance III 4
Physical Training + Sports/Social Work Non Credit Compulsory Course
Term IV
Macroeconomics II 4
Numerical Analysis 6
Statistical Methods II 6
Psychology II 3
Political Science II 4
Language Skills in English II 2
Critical Thinking and Writing Skills-I 3
French I 4
Spanish I 4
Term V Econometrics 4
Linear Programming 6
Economics Statistics 6
Sociology II 3
Philosophy III 2
Language Skills in English II 2
Research Methodology 4
French II 4
Spanish II 4
Term VI Development Economics 4
Humanities and Social Sciences 1 2
Psychology III 3
Sociology III 3
Language Skills in English III 4
Object Oriented Design, Programming and JAVA 4
Optimization 4
Multivariate Analysis 4
Visual Analysis 4
French III 4
Spanish III 4
Term VII Political Science 3 3
Humanities and Social Sciences 2 2
Corporate Etiquette and Image Management 4
Accounting 4
Public Economics (Elective) 4
International Trade (Elective) 4
Game Theory 4
Stochastic Processes I 4
Introduction to Stochastic Calculus 4
Intellectual Property Rights 2
Community Mental Health 2


Term VIII Web Development 2
Business History 4
Business, Government and Society 4
Principles of Management 4
Media Literacy (Elective) 4
Indian Economy (Elective) 4
Environmental Economics (Elective) 4
Mobile Data Management (Elective) 2
Leadership Insights for Contemporary Businesses from the Mughal Empire


Positive Organizational Psychology (Elective) 2
Key Issues in Contemporary Indian Politics (Elective) 3
Contemporary India Society and Culture (Elective) 3
Business Ethics: Learning the Integrative Live Case (ILC) Way (Workshop)

(Pass/Fail course) (Elective)

Indian Financial System (Elective) 4
Discovering Self (Pass/Fail course) (Elective) 3


Term IX Monetary Macroeconomics (Elective) 4
Competition Policy (Elective) 3
Topics in Macroeconomics (Elective) 2
Nature Watching (workshop) (Elective) 1
Cost-Benefit Analysis of Public Policy Making (Elective) 2
Essentials of Human Values (Elective) 2
Crafting Your Inner World (workshop course) (Elective) 2
New Media and Society (Elective) 2
Understanding Indian Bazaar (Elective) 2
International Organizations and Contemporary Challenges of Global Governance


Python Programming (Elective) 2
Mobile Commerce and Security (Elective) 2
Introduction to R Programming (Elective) 2
Stochastic Calculus II (workshop course) (Elective) 2
Workshop on Case Analysis (workshop course) (Elective) 1
Discrete Event Simulation (Elective) 2
Journey of Self-Discovery and Strengthening Self (workshop course)




1 Financial Accounting & Control 4
2 Marketing- I 4
3 Microeconomics for Managers 4
4 Operations Management- I 3
5 Organizational Behaviour- I 4
6 Quantitative Techniques- I 4
Total 23


1 Finance-I 3
2 Macroeconomics 4
3 Managerial Accounting & Control 3
4 Marketing-II 4
5 Operations Management- II 3
6 Organisation Behaviour-II 4
7 Quantitative Techniques- II 3
8 Strategic Management-I 2
Total 26
1 Finance-II 4
2 Human Resource Management 2
3 Information Systems for Managers 2
4 Legal Aspects of Business 2
5 Strategic Management-II 3
6 Elective Courses (Any Two)

1. Marketing Research     (4 Cr.)

2. Supply Chain Management   (4 Cr.)

3. Sales & Distribution Management   (4 Cr.)

4. Corporate/Retail Banking   (4 Cr.)

Total 21


Business Communication 2
Critical Thinking  Skills 1
Spreadsheet Modeling 2
Presentation Basics 1
Total 6


Entrepreneurial Orientation 1
Rural Immersion 2
Written Analysis and Communication 2
Total 7


Design Thinking 2
Industry Interface Programme (Across 3 terms) 2
Leadership (Across 3 terms) 2
Sustainability 1
Total 7


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