Multiple institutes accept IPM scores across India. While IIM Indore and IIM Rohtak conduct their own separate tests, several top autonomous business schools and universities accept these scores for their five-year cohorts. Students should also understand the IPMAT exam, IPMAT syllabus, and IPMAT eligibility requirements before applying to these institutes.

Below is the complete breakdown of participating institutes, current fee structures, placement statistics, and accepted entrance tests.

IPMAT Colleges Fees and Placements

Selecting a college involves many factors. Fees and placement data are very important. The table below lists top colleges accepting IPMAT scores. It also shows their fees and average package details. This helps you compare IPMAT colleges fees and their return on investment.

Note: Placement figures reflect the combined postgraduate graduating batchacross respective institutes, as IPM students merge into the standard MBA / PGP placement pool during their final two years.

IIMs Offering the Five-Year IPM Program

1. IIM Indore

IIM Indore launched the original Integrated Program in Management in 2011. It remains the most sought-after dual-degree management program in the country. Admission requires clearing the IPMAT Indore test, which features both Quantitative Aptitude (Multiple Choice and Short Answer) and Verbal Ability, followed by a Personal Interview.

• Degree Awarded: Bachelor of Arts (Foundations of Management) and Master of Business Administration (MBA).

• Tuition Fees: Around Rs. 35 to 38 Lakhs for the full five-year duration. The first three years carry an undergraduate fee tier, while the final two years match standard PGP fees.

• Placements: IPM students join the flagship PGP placement drive. Median and average packages consistently exceed 25 LPA, with leading recruiters coming from management consulting, investment banking, and product management.

2. IIM Rohtak

IIM Rohtak introduced its IPM program in 2019. It runs its own computer-based test, IPMAT Rohtak, which includes Quantitative Ability, Logical Reasoning, and Verbal Ability sections. Shortlisted applicants then proceed to an online Personal Interview.

• Degree Awarded: BBA + MBA.

• Tuition Fees: Approximately Rs. 35 Lakhs for five years.

• Placements: The average compensation package sits around 19.27 LPA. Major placement sectors include banking, financial services, retail, and corporate strategy.

3. IIM Ranchi

IIM Ranchi does not conduct an independent entrance test. Instead, it accepts IPMAT Indore scores to shortlist candidates for its interview rounds. The program integrates mathematics, economics, sociology, and core business disciplines during the foundation years.

• Degree Awarded: BBA + MBA.

• Tuition Fees: Approximately Rs. 34 to 36 Lakhs across five years.

• Placements: The consolidated MBA average compensation stands at 18.69 LPA. IIM Ranchi exhibits strong placement numbers in consulting, IT management, and human resource leadership.

4. IIM Jammu and IIM Bodh Gaya

Both IIM Jammu and IIM Bodh Gaya admit students through the Joint Integrated Program in Management Aptitude Test (JIPMAT), conducted by the National Testing Agency (NTA). While technically distinct from the IPMAT examination, aspirants generally target these two institutes alongside Indore and Rohtak.

• Curriculum Focus: Heavy emphasis on fundamental analytics, business statistics, humanities, and communication before transitioning into mainstream PGP coursework.

• Tuition Fees: Between Rs. 28 and 34 Lakhs for the full course.

• Placements: Average salaries range from 13.90 LPA to 15.48 LPA, offering substantial career starts in supply chain management, financial operations, and enterprise sales.

Non-IIM Institutes Accepting IPMAT Scores

Several top non-IIM universities provide seats based on IPMAT entrance performance:

IIFT Kakinada

The Indian Institute of Foreign Trade (IIFT) accepts IPMAT Indore test scores for admission to its five-year Integrated Program in Management at the Kakinada campus.

• Focus Area: Global business, international trade, and international financial systems.

• Tuition Fees: Around Rs. 28 to 30 Lakhs.

• Placement Scope: IIFT operates an integrated placement drive, yielding an average compensation of roughly 26.00 LPA.

TAPMI Manipal

The T.A. Pai Management Institute offers an integrated BBA (Honors) to MBA pathway. Applicants can gain entry through IPMAT Indore, IPMAT Rohtak, or JIPMAT scores.

• Core Strength: Rigorous corporate readiness, industry live projects, and hands-on finance lab training.

• Tuition Fees: Rs. 21 to 23 Lakhs.

• Placements: The MBA cohort averages 13.84 LPA, supported by broad recruitment across consumer goods, financial tech, and consulting.

Nirma University, Ahmedabad

The Institute of Management at Nirma University runs a five-year Integrated BBA-MBA program that fills its open category seats primarily through IPMAT Indore scores.

• Tuition Fees: Around Rs. 18 to 20 Lakhs, making it one of the more cost-effective private programs.

• Placements: Average salary packages hover around 13.00 LPA, with the highest compensation figures crossing 30 LPA.

NALSAR University of Law, Hyderabad

NALSAR’s Department of Management Studies conducts a specialized IPM program. The curriculum combines core business operations with corporate governance, business law, and public policy.

• Entrance Accepted: IPMAT Indore, JIPMAT, and CLAT scores.

• Tuition Fees: Approximately Rs. 16 to 18 Lakhs across five years.

• Placements: Average packages range between 8.00 and 8.50 LPA, with niche opportunities in corporate compliance, risk assessment, and legal-tech consulting.

NICMAR University, Pune

NICMAR University evaluates IPMAT Indore results alongside other national tests for its integrated management offerings, targeting infrastructure, real estate, and project engineering business sectors.

• Tuition Fees: Rs. 19 to 20 Lakhs.

• Placements: Average compensation is around 9.00 LPA, with top hiring concentrated in project management, industrial consulting, and infrastructure finance.

IPMAT Indore vs IPMAT Rohtak vs JIPMAT: Accepted Institutes

A common source of confusion is which test applies to which university. The following map outlines where each exam score can be used:

1. IPMAT Indore (Conducted by IIM Indore)

• IIM Indore

• IIM Ranchi

• IIFT Kakinada

• Nirma University, Ahmedabad

• TAPMI Manipal

• NALSAR Hyderabad

• NICMAR University Pune

2. IPMAT Rohtak (Conducted by IIM Rohtak)

• IIM Rohtak

• TAPMI Manipal

3. JIPMAT (Conducted by NTA)

• IIM Jammu

• IIM Bodh Gaya

• TAPMI Manipal

• NALSAR Hyderabad

ROI Comparison: Program Fees vs Placement Returns

Five-year management courses require significant financial commitments, ranging between Rs. 16 Lakhs and Rs. 38 Lakhs. Evaluating the return on investment (ROI) helps determine which campus aligns with your financial budget.

Institutes such as IIM Indore and IIFT lead the ROI charts due to high placement averages across Tier 1 recruiters. Conversely, private universities like Nirma provide solid returns due to lower base fees.

General Eligibility Criteria for IPM Programs

While exact cutoff marks shift slightly by campus, the baseline qualifications across most IPM colleges require:

1. Academic Qualification: Minimum 60% aggregate marks in Class 10 and Class 12 (or equivalent examination) for General/OBC candidates. Candidates from SC/ST/PwD categories typically require 55%.

2. Age Restriction: Candidates should be a maximum of 20 years old as of the application year (a 5-year relaxation applies to reserved categories).

3. Selection Stage Weightage: Written aptitude test scores determine the first shortlist, followed by a Personal Interview (PI) or Written Ability Test (WAT). Certain institutes also assign moderate weight to Class 10 and 12 academic track records.

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