Now, IIM aspirants don't have to wait to get a bachelor's degree before taking the entrance test; at least a few can hope to step into India's top management school right after school.
The Indian Institute of Management-Indore has launched a five-year integrated post-graduate programme in management — a three-year degree programme followed by masters. The first batch scheduled this year will have 120 students.
The five-year residential programme allows students to drop out after the degree course, designed to be a mix of essential skill subjects — maths and statistics, history, literature and political science, biological sciences, languages, finance and accounting, economics and information technology. Apart from classroom lectures, IIM-I has a component on international exposure and an internship at a social organization.
The minimum eligibility is 60% in Class XII, and final selection will be based on an aptitude test and interview. The details will be revealed in a few days. The tuition fee for the first three years will be Rs. 3 lakh per annum; for next two years, it will be Rs 5 lakh a year. "IIM Indore wants to have a dominating presence, both in terms of size and impact, in all segments of management education, including under-graduate programmes," said IIM-Indore director N Ravichandran. "We identified four streams — top-end research programmes, executive education programme, the flagship post-graduate programme and an integrated PGP where we'll have the time and opportunity to shape young minds towards management education."
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