While every management aspirant in India dreams of pursuing a degree at IIM, but considering the level of competition in the CAT exam, it is well known that getting into the prestigious group of institutes is not no small feat. Those concerned and looking for solutions should know that there are IIMs that offer five-year integrated MBA programs to enter IIM right after class XII.
The Indian Institute of Management (IIM) Indore and Rohtak conducts its National Aptitude Test (IPMAT) annually which has now been joined by IIM Jammu, Ranchi and Bodh Gaya. The aptitude test facilitates admissions to their integrated five-year program in management, where around 20,000 students take the exams each year. The admission process takes place in different stages, starting with the IPM Aptitude Test (IPMAT), the Written Aptitude Test (WAT), and the Personal Interview (PI).
Apart from IIM, various other institutes are also offering this integrated five-year program like NALSAR, Hyderabad has recently started the course and it is also expected that Indian Institute of Foreign Trade (IIFT) is ready to launch this program from of this academic year.
Why is it useful?
A five-year integrated MBA program is for passed out Class XII students who want to pursue a career in business management. It stimulates the managerial skills and knowledge of the students on the basis of ethical considerations. Students wishing to pursue an integrated MBA will have an added advantage in terms of the curriculum as there is no repetition of courses or subjects. In the integrated program, applicants do not need to take the entrance exam and selection process twice (at UG and PG level), saving a year of exam preparation. ‘Entrance.
A management course enables students to become familiar with the tools and techniques strategically used to improve business practices and performance. A management aspirant has to pass the entrance exams to get into this course. After completing the training, they can search for job profiles in the service sector, manufacturing sector, IT sector, banking sector, etc.
Students aim for an integrated five-year program as it offers the following:
a) Contribute to learning and introduce them to approaches for assimilating knowledge and acquiring skills.
b) To provide a solid foundation of management, law, philosophy and psychology to young managers for the overall development of personality.
c) It emphasizes a more holistic thinking capacity than just a process-oriented approach to drive innovation and logical decision-making
d) It creates opportunities to gain hands-on exposure to various decision-making scenarios, realities, and complexities through their summer internships and live projects to develop an in-depth, contextualized understanding.
e) Nurture students’ entrepreneurial aspirations and guide them towards tangible milestones during the program.
Key Features to Crack IPM Exam
Although preparing for any exam takes a lot of hard work and dedication. It is important that a student understands the model of the paper”. Some tips to prepare for the IPMAT:
a) Basics – It is very important to cover the basic concepts of Quantitative Aptitude, Logical Reasoning and Verbal Ability. This will help you understand the questions well and skillfully pass this entrance exam.
b) Calculations – A student must work on his calculations. Time is key as we are supposed to cross the section boundary within a stipulated time.
c) Reading – A student should focus on reading and improving their vocabulary.
d) Practice – As an aspirant for the IPMAT entrance exam, your aim should be to get the accuracy as there is a section cut off. The only way to achieve accuracy is to PRACTICE. This helps you identify which types of questions in each section you are good at and which ones you are not so good at. It helps to work on improving these topics and save time during the actual exam
e) Tests – The more you practice and the more you work on reinforcing basic concepts, this will help improve your score. It is of the utmost importance to be regular in taking these mock tests and analyzing them thoroughly. This helps you strategize for the actual exam well in advance.
(Author Ankit Kapoor is co-founder and director of Pratham Test Prep. Opinions expressed here are personal.)