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Launched by IIM Indore in 2011, the five-year Integrated Programme in Management (IPM) is the first of its kind in India. The programme has been accredited by the Association of MBAs, AMBA London (4th and 5th Year). The Programme consists of 15 terms spread over a period of 5 years, with each year having 3 terms of 3 months. IPM is in two parts. The first three years build a foundation, and the last two years focus on management. The foundation has three major elements:
* Courses in mathematics, statistics and economics build analytical rigour.
* Courses in Psychology, Sociology and Political Science along with courses in Economics provide an understanding of the core disciplines on which the study of management is based.* Courses in Humanities, Literature and Fine Arts provide breadth and perspective. The students undergo a rigorous selection process:
* An application form aimed at understanding the students proficiency in academics, as well as in co-curricular activities is filled up by the aspirant.
* An entrance examination follows, to test the applicant's aptitude, logical reasoning and proficiency in English and Mathematics.
* Shortlisted candidates appear for personal interviews.
The interview panel comprises well qualified professors from IIM Indore and other prestigious institutions. The interview judges the students level of confidence, communication skills, general awareness, persuasion skills and knowledge. IIM Indore admits about 120 students to the IPM every year.