🎓 Complete Guide to IPM & BMS Programs by IIMs and IIFT (2025) – Fees, Exams, Exit Policy & More!

Anshu Agarwal
11 hours ago
4 min read

In recent years, prestigious institutions like the Indian Institutes of Management (IIMs) and IIFT have started offering undergraduate programs such as IPM (Integrated Program in Management) and BMS (Bachelor of Management Studies). These programs provide a golden opportunity for students to begin their management journey straight after Class 12.

Whether you’re preparing for IPMAT, JIPMAT, SAT, CUET, or JEE, this blog will guide you through:

✅ Courses offered

✅ Entrance exams required

✅ Year-wise fee structure

✅ Exit policies

✅ Duration of the program

📋 All IIMs & IIFT Offering IPM or BMS Courses (2025)

Below is the complete, unedited table of undergraduate management programs offered by IIMs and IIFT:

Name of IIM/ IIFT	Course Offered	Duration (years)	1st Year	2nd Year	3rd Year	4th Year	5th Year	Entrance Exam
IIM Indore	IPM [BA + MBA]	5	₹6,04,679	₹5,54,679	₹5,54,679	Equal to PGP Fees (aprx ₹21,50,000)	—	IPMAT Indore
IIM Kozhikode	BMS	4	₹7,00,000	₹7,00,000	₹7,00,000	₹7,00,000	NA	IIM K BMS AT, JEE Mains, SAT, ACT
IIM Shillong	IPM [BBA + MBA]	5	₹3,81,000	₹3,81,000	₹3,81,000	Equal to PGP Fees (aprx ₹26,18,000)	—	IPMAT Indore
IIM Ranchi	IPM [BBA + MBA]	5	₹17,25,000	—	—	Equal to PGP Fees (aprx ₹19,00,000)	—	IPMAT Indore
IIM Rohtak	IPM [BBA + MBA]	5	₹6,22,045	₹6,22,045	₹6,22,045	Equal to PGP Fees (aprx ₹17,90,000)	—	IPMAT Rohtak
IIM Amritsar	IPM [BSQFE + MBA]	5	₹6,25,000	₹5,75,000	₹5,75,000	Equal to PGP Fees (aprx ₹21,50,000)	—	IPMAT Indore
IIM Bodhgaya	IPM [BBA + MBA]	5	₹6,15,840	₹6,15,840	₹6,15,840	Equal to PGP Fees (aprx ₹18,00,000)	—	JIPMAT
IIM Jammu	IPM [BBA + MBA]	5	₹6,15,840	₹6,15,840	₹6,21,840	Equal to PGP Fees (aprx ₹20,73,960)	—	JIPMAT
IIM Sirmaur	BMS	4	₹22,73,000	—	—	—	—	IPMAT Indore
IIM Bangalore	DBE (Online)	3	₹1,25,000	₹1,50,000	₹1,75,000	—	—	DBE Entrance Test, JEE Mains, CUET GAT
IIM Sambalpur	B.S.	4	₹7,03,000	₹6,63,000	₹6,68,000	₹5,63,000	—	CUET GAT and English
IIFT Kakinada	IPM [BBA + MBA]	5	₹4,00,000	₹4,00,000	₹4,00,000	Equal to PGP Fees (aprx ₹18,00,000)	—	IPMAT Indore

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📢 Exit Policy: Can You Leave After 3 Years?

Yes, most 5-year IPM programs offer an exit option after 3 years, allowing students to graduate with a Bachelor’s degree (BA, BBA, or BSQFE). This is a great option for:

Students wanting to prepare for CAT, GMAT, or other MBA entrances later.
Those aiming for global MBA programs abroad.
Students seeking industry exposure before completing an MBA.

🧾 NEP 2020 Support for Flexible Exits:

According to the National Education Policy (NEP) 2020, students can exit at various stages and still receive recognized qualifications:

After 1 year: Certificate
After 2 years: Diploma
After 3 years: Bachelor’s Degree
After 4 years: Bachelor’s with Research/Honours

👉 This policy ensures academic mobility, making India’s education system more aligned with global standards.

Source: NEP 2020 Document

📌 Disclaimer:

📢 While all data regarding fees, structure, and entrance exams has been collected with care, there may be slight inaccuracies or updates. For the most accurate and current information, please refer to the official websites of the respective IIMs or IIFT, or contact their admissions offices directly.

🎯 Final Thoughts

With competitive fees, globally benchmarked curriculum, and a direct path into top MBA programs, the IPM/BMS offerings by IIMs and IIFT are among the best options after Class 12. Whether you’re aiming for long-term management careers or considering early career exits, these programs offer the flexibility, prestige, and opportunity you need.