Foreign Exchange Program by IIM for IPM Students

Summary: Foreign exchange programmes are one of the major initiatives that help students to learn in a different environment. At present, IIM Indore, IIM Ranchi and IIM Jammu are offering these programmes to their alumni pursuing IPM courses. 

The foreign exchange programme is one of the popular initiatives undertaken by IIM colleges. These programmes enable a student to go for a long-term or short-term study programme in any foreign university. This is helpful in developing the personality of the students and global perspective. 

Leading IIMs like IIM Indore, IIM Ranchi and IIM Jammu offer IPM programmes to students. These colleges have their own foreign exchange programmes wherein they send their students to learn in countries like Korea, London, France, and Peru. If you are also looking to apply for any of these programmes then do read this page till the end. 

Foreign Exchange Program by IIM

At present, around five IIMs offer IPM (Integrated Programme Management) programmes to eligible students. However, out of these only three colleges i.e. IIM Indore, IIM Ranchi and IIM Jammu collaborate with foreign universities. The details related to the student exchange programme offered by these colleges can be checked in the section below. 

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IIM Indore

IIM Indore offers a Foreign exchange programme via the Student Exchange Programme (STEP) committee. This committee takes overall responsibility for the experiences of students who come to IIM Indore and the ones who are campus alumni. For availing of the programme, one should be having a maximum of 20 credits. The hostel fee for a term is usually INR 40,500 per student. 

IIM Ranchi

IIM Ranchi has collaborated with multiple foreign universities to help their students. Out of those, the two prominent colleges that participate in the exchange programme are Woosong University, South Korea and the University of Vaasa, Finland. 

IIM Jammu

IIM Jammu is one of the prominent IIMs amongst all who have tied up with a plethora of universities across the globe for IPM candidates. The college currently offers two types of exchange programmes namely incoming and outgoing. The incoming programme is for those who wish to pursue a small-term course at IIM Jammu or Srinagar. 

Whereas, the outgoing programme is for those who wish to opt to pursue a course from another university. Those pursuing outgoing programmes have to return back to the college to take their degree. The following is the list of universities and colleges that have collaborated with the college. 

• University of Scranton, USA
• The University of Alabama at Birmingham
• HEM Business School, Morocco
• Instituto de Estudios Superiores de Administración, Venezuela
• Kazan National Research Technical University, Russia
• Liverpool John Moores University, UK
• Montpellier Business School, France
• School of Management - University of Bradford, UK
• Alba Graduate Business School, Greece
• CENTRUM PUCP Business School, Peru
• Deakin University, Australia
• Duale Hochschule Baden-Württemberg Lörrach, Germany
• ESC Clermont Business School, France
• SolBridge International School of Business, South Korea
• The University of The South Pacific, Fiji

Conclusion

The exchange programme introduced by the IIMs have really good impact on the students. Many have already been pusuing degrees form several foreign universities because of this foreign exchange programme. The placement statistics due to this programme has grown exponentially. So if you are willing to study abroad, this is the golden opportunity for you.

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