IIM-Indore, instituted in 1996, is the sixth member of IIM family of management schools. In 2011, IIM - Indore, launched first of its kind that is its five-year integrated program in management (IPM).
The Program consists of 15 terms spread over a duration of 5 years, with each year having 3 terms of 3 months. The first three years build a foundation, and the last two years focus on management. During the last 2 years, IPM students train as managers along with the students of the Institute's 2-year Post Graduate Program in Management (PGP), undertaking the same course package in management studies.
On successful completion of the five year rigorous academic experience, the students are awarded Integrated Diploma in Management by IIM Indore. Simultaneously, students are trained in-house for a bachelor’s degree from IGNOU. IPM admits students through an aptitude test - IPMAT.
The institute received 12000 applications for IPMAT 2014. The applications received for IPMAT 2016 was 17,853. The growing number of applicants for IPMAT is also an indication of growing demand for this program.