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Ive taken a partial drop, im in college rn too and have to give ipmat next year and a whole portion of Quant to cover, how do i manage both?
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If you can't manage both, you wouldn't be able to manage the hectic/rigorous academic life of an IIM. You won't be able to manage your job either. It's going to be 10x harder.
Be smart with how you spend time. Make sacrifices, allocate time to prepare. Understand it's never 100% to college and 100% to prep. You'll have to be okay with a lower grade in college if you focus on IPMAT.
You're in this race to be a manager, start with time-management!
Also, read this: https://www.afterboards.in/forums/general/info/bHXSAul1Nw4KJx7P