It's not BBA that you do from IIM Indore. The course is called IPM. It's a 5 year course where you join the flagship PGP program in the 4th year.

You don't get any undergrad degree in that. The degree that you directly get is IPM. For undergrad degree you have to give IGNOU exams. That is optional and people write that exam only if they want an undergrad degree. So, if you want to drop after 3rd year you need to sit for IGNOU exams and get that degree before you can apply for CAT.

Yes, it's possible. All the best!

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