The key difference lies in the entry point and duration. IPM is a five-year integrated programme that admits students after Class 12 through IPMAT, while the regular MBA (PGP) is a two-year postgraduate programme that admits students after graduation through CAT. The final two years of IPM align academically with the MBA (PGP) curriculum. IPM offers early entry into management education, whereas the regular MBA is designed for graduates with diverse academic backgrounds and, in some cases, work experience.