IIPM Review
IIPM REVIEW Question- Who has heard of Arindam Chaudhuri? isn’t he the pony tailed guy who is doing books, Bollywood and a b school? I was almost going to say hes as multifaceted as me. But then we know that his father started IIPM way back in the 1970s, on the same lines as the IIMs. Dr.Chaudhuri himself being teaching faculty for IIM and XLRI. There has been some rather odd and disturbing media coverage over the credentials of IIPM. Ever since Arindams been part of operations, the institute has seen some huge exposure mainly in print ads, of which many say is an “unethical” means of portraying an educational center. They say, there are some professions that find it morally unjust to advertise, like other fields of medicine, law, education etc. But ours is an unbiased IIPM review on the b-school. The decision is yours.
IIPM admission procedure / Selection process
IIPM has two course commencement sessions- May and August and two programs offered.1.National Economic Planning & Entrepreneurship equivalent to an MBA which is a post graduate course, it is available as a full time course as well as an integrated course for working people
2. BBA which is the undergraduate course done after 12th standard or 10+2.
Both of which do not require any minimum percentage to apply,however the NEPE course requires the candidates to pass an entrance exam similar to CAT. Application forms for these can be availed at the 7 centers free of cost.Once you fill and send the forms you will receive an admit card by post giving details of examination center and timing.The entrance exam is divided into 3 stages written exam, group discussion (GD) and personal interview (PI).
IIPM fee structure
IIPM requires to pay a small fraction of the fee as a down payment when you secure admission. This is in the range of 30K-40K. The total fees amount to 8-10 lacs for the course that includes free trips abroad, laptop and other freebies. this is a little on the high side for an institute that gives you a degree from a third party university.
IIPM prospectus Download –click here
IIPM Review – Placements
The subject of placements has come under a lot of speculation because on the website prospectus, it lists about 200 companies that have offered campus placements.After talking to a few ex IIPM graduates, they tell us that just a handful of those companies actually hired from IIPM. They also said that some of the companies even asked that their name be removed from the website.Such is also the case with some European and American institutions that asked IIPM to remove their name from the website as they were not really associated with them. This has created quite a stir and given IIPM a lot of disrepute. Several Media reports have spoken negatively about the placements too. Some ex students went on to say that their classmates were employed in low sales and clerical jobs and the IIPM certificate had no value In the real world whatsoever.
On the other hand there are a few pass out student who say that education and the course at IIPM is even better than the IIMs. Even the prospectus showcases many profiles of previous graduates that are now well settled in managerial positions all over the globe. On the whole, the word on the street is that there are more unhappy placed students than happy ones.
IIPM Review – Drawbacks
Over the last few years, many students have been disappointed with the placements that IIPM has provided. Few have even taken the institution to court over various issues and got their tuition fees refunded. The main problem being that IIPM is no way affiliated with any education board, or in other words is not recognized by the UGC or AITCE ,the two premier education governing bodies in the country. In other words, all that IIPM offers can be called is a certification course, not a degree or diploma. This can be almost worthless when going out in the real world and getting a job, and that is the reason there are so many unhappy IIPM graduates.
Many fraud cases have been slapped against IIPM for this reason. Another drawback or claim from some angry students seems to be that most of the professors that lecture at the institutes are not experienced enough and are IIPM pass out students themselves.
One of the biggest complaints of IIPM students is the exorbitant fees that is charged to them. They say that there is no just reason for charging such high amounts which is in the range of 8 to 10 lacs. Of course this includes some freebies like two tours abroad, laptop and other trips and stationary. For this amount of money its said that it would be a wiser choice to do the MBA from an institution abroad.
After all this bad talk, there are a few things that I love about IIPM
-Its probably the only managerial institute in the country to match the standards and infrastructure of the IIMs. You have to hand it to them, starting a fleet of colleges all over the country is no joke. If there is anything you can learn about business administration- learn from the man who started this enterprise- Dr.chaudhuri and learn from his son, who has branded his image as the front of his empire. His Tom Cruise smile is on every page 3 of every newspaper and every webpage on the net, that is marketing for you. Doing MBA is not learning stuff by heart from a book, its what you do with knowledge, how you use that gyan to try and make a millionaire of yourself.
IIPM good or bad ?
As a bottom line,I suggest that you don’t go by media reports and online forums that degrade IIPM, instead talk to ex students first hand, either on social networks or alumni associations. Before you make you decision, have some first hand knowledge, that’s all i am saying, because in the end a degree or a certificate is only a piece of paper in the real world,it might help you up to a small extent but important thing is what you do with that knowledge and how you apply it to real life money managing situations. Believe me, you could even pass out from IIM and never earn a lac a month, its about how well you excel with those money making fundas.
According to me,those students who are sour, are only angry because they didn’t land some plum jobs and blame IIPM for it, what they don’t realize is that an MBA can only show you the way, you have to be shrewd, smart and cunning to move up in the corporate ladder, and that no IIM or IIPM can ever teach you.
Dear All,
I am passed out from IIPM. once I passed out I worked hard and doing good in my job. I am now drawing 3lacs per month…so just want to tell u all. Life is all about attitude….MBA from IIM is of no use if you guys dont have proper attitude…its about hard work and dedication…
Study IIPM or IIM but once you are out of schools you need to work hard. I am 1994-96 batch and all my friends from IIPM are doing good..
DONT TAKE ADMISSION IN A FRAUD COLLEGE LIKE IIPM.
ayesha please talk to my mobile no 9926569405 i am discuss toiipm
iipm is fraud . neither it is aicte nor ugc recognized…….n they compare themselves wid iims……….bloody cheaters
iipm is ugc or aicte apprroved or not i am very confused please tell me any one iam taking the admission in mba but i am very confused so please help me
Great review…. I think I should go with this college… 🙂
@vinay, dont make your decision on the basis of this review,instead,talk to passout students of the college before making your final decision
hello everyone, i am an iipm passout, the first and last thing i will suggest is not to take admission in IIPM.
they are all fake publicity people and never do what they say
the placements are very bad and very few MNCs come to the campus and that too in only few IIPM branches
many companies have stopped coming to iipm for recruitments
there are many fake things that IIPM do but it is not possible to write them down here
Dear Adnan..!! Can we please talk via mail..?? Please..!! From last 4 days I have been getting calls from IIPM, Pune. Finally I went there today for an intro. It seemed all window dressing to me, the way most B-Schools are. Huge LCDs, Air conditioning, CCTV etc etc and all those fancy stuffs. My mail ID is pumpup_sujoy@yahoo.co.in Please contact me, or give me your mail ID. I wanna know all your experiences at IIPM
i wanna talk with u adan…
does any one give me information about gulbarga university ..Karnataka,,,,,like its affiliation and rating …..will it be full tym mba degree or certified course……!!!!
and i have hard feelings for iipm as its only the students which make up the college….
tks in advance…
Is it just certificate or degree?? they said me that they will award a degree from gulbarga university. Can u help me?? Im totally confused
whether its a degree/diploma/certificate,is MUSTBE from an affiliated university that is RECOGNISED by an educational governing body to have some value when you apply for a job.UGC,DTE,AICTE are examples of authority
A very nice , practial and realistic review. This review not only applies to the management studies only; It also applies to various other branches of science, medicine and humanities as well. Basically I am a doctor, a neuro specialist I very well know many neurophysicians passed from reputed institutes (like AIIMS, PGIs) sometimes lacks this so called basic funda to treat patients at the end of the day. Its all about passion with intrest. This information-world is decorated with lots of glamor, don’t carried out by it and knowledge is everything. I request this reviewer to share his knowledge in other subjects like finance and law etc.
thanks
Lyby
thnks lyby,this article took us alot of time an research before it was put together,,
I am a graduate in hospitality sector, how ever, i worked with a leading MNC’s retail sector for around a year and a half, where I earned a handsome amount, in fact which even the MBA’s find hard to earn as their first salary. I am eager for knowledge, hence i quit my job to pursue further studies, which ofcourse means a MBA. now would my work -ex and the money I earned during my last job help me fetch a good and a well paying job from IIPM ? reply only if you guys are confident rather than confusing me more…
thanks for sharing the information… very helpful in decision making.
@vinay anytime m8
PLEASE TELL ME, WHETHER I SHOULD TAKE ADMISSION IN IIPM OR NOT, PLEASE REPLY ME SOON,
WELL I M A BTECH GRADUATE AND PLANNING TO DO MBA FRM IIPM UNIVERSITY, BUT AFTER SEEING ALL THESE REVEIWS , M QUITE CONFUSED………………
best way to decide is to talk to students who have passed out from IIPM and see how they have been placed and what packages they are getting,they can give you teh best guidance,or check online forums for iipm discussions
@ lol Arindam tom cruise nice one
Thanks for your unbiased reviews. people suddenly jump to conclusions without realising the fact that no matter you pass out from iipm or iim in the end its about how you manage yourself.
absolutely