What is the Purpose of IPMAT Exam 2024? Important Details

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What is the Purpose of IPMAT Exam

The Integrated Programme in Management Aptitude Test (IPMAT) is a national-level entrance exam conducted by the Indian Institute of Management (IIM). The IPMAT exam gives admission to diverse IIMs and top MBA colleges as well, each containing limited seats for the IPM program. The exam assesses logical reasoning, the candidate’s aptitude and communication skills. In this blog, we will take you through the purpose of the IPMAT exam, its important details that students need to know and much more.

What is the Purpose of IPMAT Exam?

The purpose of the IPMAT exam is to provide admission to the prestigious five-year Integrated Programme in Management (IPM) proposed by IIMs. This exam is highly regarded in India due to the increasing awareness of early executive education’s uses and the charm of studying at top-tier universities. Listed below are some common purposes of the IPMAT exam. The IPMAT exam serves several purposes:

Choosing of Candidates

The purpose of the IPMAT exam is to select candidates for admission to the IPM program. It considers the aptitude and potential of students in areas such as Verbal Ability, Quantitative Ability, and Logical Reasoning, which are crucial for management studies.

Providing Merit-based Admission

By conducting a standardized entrance exam, the IIMs ensure that admission to this IPM program is based on their performance and merit in the exam, rather than on other factors such as personal connections and financial status.

Identification of Talent

The exam benefits in recognising motivated students and talented students who can excel in management education and leadership roles in the future.

Promoting Education Accessibility

By offering an integrated program directly after the 12th grade, the IPM program and IPMAT exam promote accessibility to management education for students who may not have the means or resources to pursue it through traditional routes.

Providing Opportunities

The opportunities for IPMAT exam students is very diverse backgrounds to pursue a career in management by gaining admission to prestigious institutions like the IIMs. It shows a pathway for youthful students to start their journey in the area of management early in their academic careers.

Read More: How to Prepare for IPMAT Exam 2024: A Guide to Success

Important Details about IPMAT Exam

The IPMAT exam has some important details that students should keep in mind:

  • IPMAT exam is an entrance exam held by IIMs for their five-year Integrated Program in Management (IPM).
  • The IPM program spans five years, which is divided into 15 terms, with each year including three terms, individually lasting three months.
  • The exam is organized for young students who have finished +2 or are currently in +2.
  • The format of this exam comprises multiple-choice questions and short-answer questions. 
  • The syllabus for the IPMAT exam includes verbal ability, quantitative ability, and logical reasoning.
  • The exam structure contains both multiple-choice and short-answer questions. 
  • The exam is conducted online and followed by a Personal Interview (PI) and WAT round.
  • The IPMAT exam provides entry to various IIMs, but there are restricted seats for the IPM program.

Also Read: Best Books for IPMAT with Preparation Tips 2024

Career Opportunities after IPMAT Exam 2024

After knowing the what is the purpose of IPMAT exam, here are the few industries early management candidates can enter through the IIM courses after finishing their +2:

  1. Financial Organizations
  2. Multinational Companies
  3. Public Sector Enterprises
  4. Business Houses
  5. Industrial Houses
  6. Marketing Organizations
  7. Export Companies
  8. Banks
  9. Entrepreneurship

Also Read: 5+ Best Coaching for IPMAT Preparation with Contact Details

List of IIMs Offering Admission after the IPMAT Exam

Below is the needed list of top IIMs which mainly offer students admission after the IPMAT exam, listed below:

  • IIM Ranchi
  • IIM Indore
  • IIM Bodhgaya
  • IIM Rohtak
  • IIM Jammu
  • Other Management Institutes 
Source: Konversations by Inside IIM

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FAQs

What is the benefit of the IPMAT exam?

This exam acts as the admission test for the dual-degree Five-Year Integrated Programme in Management (BBA+MBA) proposed by renowned institutions such as IIM Rohtak, IIM Indore, IIM Ranchi, TAPMI, IIFT, and other renowned business schools.

Which area is the IPMAT exam for?

IPMAT (Integrated Programme in Management Aptitude Test) is an aptitude test (currently) offered by 5 IIMs as of now for admission into their 5-year Integrated Programme in Management (IPM).

What are the jobs that students can consider after IPMAT?

IPMAT graduates can embark on careers in business management, taking up roles like sales managers, marketing executives, business analysts, and project managers.

This was all about what is the purpose of the IPMAT exam. For more informative blogs, check out our Management Exams Section, or you can learn more about us by visiting our  Indian exams page of Leverage Edu.

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