IIM 5 Year Integrated Course: Eligibility, Fees, Top IIMs

The Integrated Programme in Management (IPM) at the Indian Institute of Management (IIM) Indore is a flagship 5-year program designed for students who have completed their Class 12 or equivalent education. Launched in 2011, it was the first program of its kind in India, combining undergraduate and postgraduate management education to produce contextually relevant, socially conscious managers and leaders. The program is accredited by the Association of MBAs (AMBA), London, for its fourth and fifth years, ensuring global recognition. This analysis provides a detailed overview of the program based on information from the official IIM Indore website and reputable sources, covering its launch year, degrees awarded, exit options, course structure, specializations, internships, fees, placements, and unique selling propositions (USPs).

Launch Year

The IPM was introduced by IIM Indore in 2011, marking a significant milestone in Indian management education. It was designed to attract young students with managerial and leadership aspirations, offering a seamless transition from undergraduate to postgraduate studies.

IIM 5 Year Integrated Course: Degrees Awarded

Upon successful completion of the five-year program, students are awarded a dual degree:

• Bachelor of Arts (Foundations of Management): This degree is conferred after the first three years, focusing on foundational knowledge.
• Master of Business Administration (MBA): Awarded at the end of the fifth year, aligning with the curriculum of IIM Indore’s Post Graduate Programme (PGP).

This dual-degree structure is formalized under the Indian Institutes of Management Act 2017, which grants IIM Indore the authority to award degrees.

Exit Options as per NEP 2020

The National Education Policy (NEP) 2020 emphasizes flexibility in higher education, allowing students to exit programs at various stages with recognized qualifications. For the IPM, students have the option to exit after successfully completing the first three years, receiving a Bachelor of Arts (Foundations of Management) degree. This degree is awarded in the subsequent year during the convocation in absentia. If students choose to exit and later wish to pursue an MBA, they must undergo the full admission process, including qualifying for the Common Admission Test (CAT).

Additionally, IIM Indore offers a sabbatical option for select students between the third and fourth years, lasting up to two years, allowing them to address personal or professional commitments without fully withdrawing from the program.

Read More: IPMAT Indore 2025 – Exam Date, Application Form, Syllabus, Exam Pattern, Admit Card & Fees (IIM Indore)

IIM 5 Year Integrated Course: Structure

The IPM is structured in a 3+2 format, with 15 terms spread over five years, each year comprising three terms of three months. The curriculum is divided into two phases. Let’s understand it through an image and a detailed explanation:

First Three Years (Undergraduate Phase)

• Focuses on building a strong foundation in disciplines such as:
  • Social Sciences (e.g., Sociology, Psychology, Political Science)
  • Mathematics and Statistics
  • Economics
  • Humanities (e.g., Literature, History)
  • Sciences
• The curriculum is designed to develop critical thinking, analytical skills, and a broad understanding of societal and economic contexts.
• Includes unique components like the Rural Engagement Programme and courses in communication, ethics, and leadership.

Last Two Years (Postgraduate Phase)

• Aligns with the Post Graduate Programme (PGP) curriculum, where IPM students join PGP students.
• Covers core management subjects such as:
  • Marketing
  • Finance
  • Operations
  • Human Resource Management
  • Strategy
• Includes elective courses for specialization and a mandatory summer project (eight weeks) between the first and second years of the PGP phase.

The program emphasizes experiential learning through case studies, projects, simulations, and group discussions, ensuring students are well-prepared for business challenges.

Specializations

During the final two years, IPM students can choose electives aligned with the PGP curriculum, allowing specialization in areas such as:

• Marketing (e.g., Marketing Research, Digital Marketing)
• Finance (e.g., Investment Banking, Financial Modeling)
• Operations (e.g., Supply Chain Management, Operations Strategy)
• Business Analytics
• Strategy
• IT/Analytics

These electives are based on industry demands and allow students to tailor their education to their career goals. The exact list of electives may vary annually based on faculty expertise and market trends.

Internship Opportunities in IIM 5 Year Integrated Course

The IPM program incorporates mandatory internships to provide practical exposure:

• Social Internship: Completed at the end of the second year, this internship focuses on social responsibility and community engagement, fostering leadership and empathy.
• Business Internship: Undertaken between the fourth and fifth years, this internship aligns with the PGP summer project, offering hands-on experience in corporate settings.

Additionally, students can participate in:

• Student Exchange Programme: Available in the third or fifth year, providing global exposure through partnerships with international institutions.
• Rural Engagement Programme: A unique initiative in the fourth year to understand rural economies and social issues.
• Himalaya Outbound Programme: Conducted in the fifth year, focusing on leadership and team-building in challenging environments.

Fees

The total fee for the IPM program is approximately INR 35.65 lakh for the five-year duration, based on the most recent data. The fee structure is divided as follows:

• First Three Years:
  • Annual course fee: Approximately INR 5.5 lakh per year (total ~INR 16.5 lakh).
  • Additional costs:
    • Medical Insurance Premium: INR 679 per term (INR 2,037 per year).
    • Refundable Caution Deposit: INR 50,000 (one-time, first year).
    • Mess Deposit: INR 54,000 per year (INR 18,000 per term).
• Last Two Years:
  • Fees align with the PGP program, approximately INR 21.17 lakh for two years.
  • Includes tuition, lodging, library access, and other academic amenities.

The total fee may vary slightly due to annual adjustments or additional charges like textbooks. IIM Indore offers Need-Based Financial Assistance (NBFA) for students with an annual family income below INR 9 lakh.

Fee Structure Table

Note: The PGP fee is indicative and subject to change. Refer to IIM Indore PGP Fee Structure for updates.

Placement Packages and Roles Offered

IPM students participate in the same placement process as PGP students, as their curriculum aligns in the final two years. The 2024 placement drive achieved a 100% placement rate for 594 students (PGP and IPM combined), with the following highlights:

• Average CTC: INR 25.68 LPA
• Highest Package: INR 1 Crore PA
• Median Package: INR 24.50 LPA
• Top Recruiters: Accenture Strategy, Boston Consulting Group, Deloitte India, EY, Infosys Consulting, KPMG, Goldman Sachs, JPMorgan, Amazon, Microsoft, etc.

Domain-Wise Placement Distribution (2024)

Here is a placement distribution of IIM Indore IPM program for 2024. The placement data is domain-wise.

Roles offered include consulting, investment banking, product management, data analytics, and marketing, reflecting the program’s versatility in preparing students for diverse careers.

USPs of IIM 5 Year Integrated Course

The IPM at IIM Indore stands out due to several distinctive features:

• Pioneering Program: Launched in 2011, it is India’s first integrated management program, combining undergraduate and postgraduate education.
• Dual Degree: Awards both a BA (Foundations of Management) and an MBA, providing a comprehensive educational pathway.
• Global Accreditation: The fourth and fifth years are accredited by AMBA, London, ensuring international recognition.
• Experiential Learning: Includes mandatory social and business internships, fostering practical skills and social responsibility.
• Unique Initiatives:
  • Rural Engagement Programme: Enhances understanding of rural economies and social issues.
  • Himalaya Outbound Programme: Develops leadership and teamwork skills in a challenging environment.
  • Student Exchange Programme: Offers global exposure through partnerships with international institutions.
• Holistic Curriculum: Combines social sciences, quantitative skills, and management education to produce well-rounded leaders.
• Flexible Exit Options: Aligns with NEP 2020, allowing students to exit after three years with a recognized degree.

These elements make the IPM a unique and attractive option for young students aspiring to leadership roles.

Conclusion

The IPM at IIM Indore is a transformative program that equips students with a robust foundation in management and leadership. Its innovative structure, global accreditation, and strong placement outcomes make it a top choice for Class 12 graduates. With a total fee of approximately INR 35.65 lakh and a curriculum that balances academic rigor with practical exposure, the program prepares students for diverse career paths. The alignment with NEP 2020’s flexible exit options and unique initiatives like rural engagement and international exchanges further enhance its appeal. For the most current details, refer to the official IIM Indore website.