IIM Indore: Indian Institute of Management Indore Admissions, Courses, Fees, Placements, Cut Off, Ranking 2023

Indian Institute of Management Indore 

Indian Institute of Management Indore is an autonomous institution set up by the Ministry of Education to expand the boundaries of management teaching, research, training, and consultancy. India’s fifth and one of the most preferred educational institutions for business administration and management, Indian Institute of Management Indore is a highly qualified educational institution. It facilitates world-class academic standards which form socially-conscious managers, leaders, entrepreneurs, and excellent managers.

Established in the year 1996, the Indian Institute of Management Indore is a promising foundation of growth, associations, and expanding the boundaries of excellence in management education. IIM Indore Rank 8th by NIRF in the year 2023. Indian Institute of Management Indore is excelling in management training, research, and education. The reason behind it is simply that the educational institution is dedicated to providing quality education, with the help of modern techniques and highly skilled professors. 

The Indian Institute of Management Indore Fees for students from any specific course in Indian Institute of Management from India totals to Rs.10,00,000/- and for NRI it totals Rs.15,00,000/-. The payment can be done in a lump sum if preferred, however, the option to pay in installments is also available.

Indian Institute of Management Indore Admission is based on competitive exams like CAT/ GMAT/ IPM MAT, followed by a personal interview. The cut offs for IIM Indore is 90%, overall. This lucrative educational institution attracts companies that offer placement drives with the range of CTC going from 25.1 LPA and the highest CTC being 49 lakh. 

Indian Institute of Management Indore Cut Off for admission in MBA in qualifying CAT Exam is 80. However, the overall percentile rank requirement is 90. Nevertheless, for the final IIM Indore Admission 2022, the estimated final cutoff hovers between 97-98%. 

Indian Institute of Management Selection Criterion states that the applicants will be only considered for the program only if they meet the eligibility requirements of CAT 2023 and meet the sectional and overall cut-offs. For candidates belonging to the general category the cut off is 90 percent,  for NC-OBS it is 80 percent for SC it is 60 percent and for ST and PWD the minimum qualifying percentile is 50 percent. 

Indian Institute of Management Average Package accounts for INR 22.65 LPA offered to a PGP HRM program during the Indian Institute of Management Indore placement 2023, and the highest package being INR 34.50 LPA.  Nevertheless, there has been an increase of 7% in the average package offered to a PGP, EPGP program during placement in 2023 when compared with 2022. In addition to this, an increase of 21% was observed in the average package offered to IPM students during placements in 2023. 

The purpose of this institution is to produce skilled, professional managers, improve people’s intellect and produce graduates who will be representing our country and contributing immensely to the cash flow of the economy contributing to its growth. During the placement drive at IIM Indore in 2023, about 160 recruiters participated and offered jobs to 568 students. The numbers themselves are a fair depiction of the trustworthiness and ranking of this educational institution. 

Life at the Indian Institute of Management Indore is engaging, exciting, hectic, and never ceasing. The student’s schedules are completely compact with classes, assignments, and group or club activities. IIM Indore has a residential campus of 193 acres, the periphery of the campus encloses the latest teaching equipment, updated learning resources, a solid IT backbone, an art and sports complex, and hostels as well. 

IIM Indore Highlights

IIM Indore Particulars	IIM Indore Details
Establishment year of IIM Indore	1996
Campus Size	193 acres
Highest CTC	INR 1.14 CPA (2023)
MBA Fees	INR 21,14,222
NIRF Ranking 2023	8
No. of Courses	8
Scholarships	Need-based Financial Assistance Available
Students Intake	471
Top Recruiter	DE Shaw & Co, Bank of America, Goldman Sachs, Accenture Strategy, Bain & Co, Deloitte, BCG, Bajaj, Asian Paints, Aditya Birla Group, etc.
Total Faculty	104 Full-time faculty

Indian Institute of Management Indore Admission

For admission to the Indian Institute of Management Indore, the candidate needs to register for CAT first, which is a mandatory examination to acquire ranking for entrance in any respective IIM. In the same form, for IIM admission, the candidate will mention the name of the college and the course he/she aspires to be enrolled into. The CAT Exam is conducted in over 150 cities across India with about 300 venues for the computer-based examination. Therefore the CAT Exam is necessary for the Indian Institute of Management Indore admission.

Indian Institute of Management Indore admission is done on the basis of the CAT Score; candidates are selected for the next round of personal interviews. The personal interview round will be conducted in offline mode and the venues for the Interview round for Institute of Management Indore admission are in Chennai, Delhi, Bangalore, Hyderabad, Indore, Kolkata, and Mumbai. 

The merit list of a student is formed on the basis of the final score, that is on the basis of 10th, 12th, CAT, and personal interview. Only after fulfilling the criteria mentioned above can the student be eligible for Indian Institute of Management admission and apply for other MBA colleges as well.

IIM Indore Admission Process 

How to apply at IIM Indore? IIM Indore admission is primarily entrance-based, IIM Indore admission process starts with registering for participating in CAT Exam 2023. In the past year, the percentile of CAT for the Indian Institute of Management Indore reached up to 98 percent, which shows how rigorous and competitive it is for students to even get admission to this unique and prospering education institute. The selection criteria are inclusive of overall CAT test scores, 10th and 12th results, WAT, and personal interviews. 

IIM Indore admission process involves the candidate visiting the official website of CAT www.iimcat.ac.in to register themselves for CAT, for admission to a specific program, participants can also register from the website of IIM Indore, visit its home page, click on the ‘programs’ tab and from the drop-down select on the preferred course, register, fill out the form, pay the necessary application fee and complete the admission registration process. 

CAT is one of the most competitive exams conducted overall in the country, it is an inevitable step of the IIM Indore admission process in any of the IIMs or other management colleges. So thorough and updated planning is required, along with dedication and strategy to rise above the general competition and compete with the top competitors for the seats.

Tips for Preparing for CAT Exam

• Stay updated with the CAT Syllabus and CAT Exam Pattern
• Choose a standard reference book for practice
• Solve as many sample papers and CAT Mock tests as possible
• Solve previous year’s CAT Question Paper to minimize the scope of mistake, it will also help in presenting the idea of question pattern and intensity of difficulty
• Read books, newspapers, editorials, and journals in order to improve your vocabulary and develop brevity of words and reading skills. 

Indian Institute of Management Indore Eligibility Criteria

If the candidate is having a Master’s degree in any discipline, or a postgraduate diploma (two years) and fulfills the Indian Institute of Management Indore eligibility criteria. Professional qualifications such as CA, CS, or ICWA (at least 50% aggregate marks), along with a B.Com degree (with minimum 60 percent aggregate marks) are also eligible for applying.   

Indian Institute of Management Indore Eligibility Criteria states that if a candidate is in his/her final year of their qualifying program, that would also make them eligible for applying for admission to Indian Institute of Management Indore, given that if selected for admission, they will be joining the program under the provision that they’ll be liable to submit a certificate either by the principal/ HOD/ registrar or the director of the university latest by June. The certificate would confirm that the candidate has appeared in the practical and theory exam in all subjects, which is the requirement for obtaining the Master’s/ Bachelor’s degree/ or an equivalent qualification. The admission will only be confirmed when the selected candidate has submitted their marks sheet and the certificate of having completed their Master’s/ Bachelor’s degree. 

The bachelor's degree obtained by the candidate must be awarded by any of the universities incorporated by an act of central or state legislature in India or else the issuing university should be declared to be deemed a university under section 3 of the UGC Act, 1956 to fulfill the Indian institute of management eligibility criteria.

Indian Institute of Management Indore Eligibility Criteria demand fulfillment of the following conditions

The Candidate should have a bachelor’s degree with the required percentage of marks.

Or

The candidate should be having a professional degree (CA/CS/ICWA/ Fellow of the Institute of Actuaries of India(FIAI)). Or the candidate might be in the final year of their Bachelor’s degree, in that case, the student will have to submit the necessary certificates issued by their current institution confirming that they have attended all the examinations and that their academic performance fulfills the eligibility criteria.

 IIM Indore eligibility criteria state that SC/ST/PWD candidates for admission at IIM Indore are that they should have a minimum of 45 percentile and for General, EWS, and NC-OBS candidates, the minimum percentage is 50.

The percentage mentioned above will be calculated as per the practice followed or adopted by the respective Institution/University. And in the case of grades/CGPA, the conversion to a percentile of marks would also vary from the conversion/calculation process adopted by the respective Institution or University.

If by any means, the institution confirms that there is no method for converting CGPA into equivalent marks, IIM eligibility criteria say that the equivalence would be marked by dividing the candidate’s CGPA by the maximum possible CGPA and multiplying the result by 100.

IIM Indore CAT Cut Off for Section Wise

Category	Quantitative Ability(QA)	Data Interpretation and Logical Reasoning (DILR)	Verbal Ability and Reading Comprehension(VARC)	Overall
EWS	80.00	80.00	80.00	90.00
General	80.00	80.00	80.00	90.00
NC-OBC	70.00	70.00	70.00	80.00
PWD	40.00	40.00	40.00	45.00
SC	55.00	55.00	55.00	60.00
ST	40.00	40.00	40.00	45.00

Indian Institute of Management Fee Structure

Academic Expenses	Term 1	Term 2	Term 3	Total	Term 4	Term 5	Term 6	Total
Course Fee	3,35,000	3,35,000	3,30,000	10,00,00	3,35,000	3,35,000	3,30,000	10,00,00
Alumni Fee GST @ 18%	-	-	-	-	11,800	-	-	11,800
Medical Insurance Premium	679	-	-	679	679			679
Refundable Caution Deposit	50,000	-	-	50,000	-	-	-	-
-Mess Deposit	18,000	18,000	18,000	54,000	-	-	-	-
Total	4,03,679	3,53,000	3,48,000	11,04,679	3,35,679	3,35,000	3,41,800	10,12,470

Indian Institute of Management Indore Courses and Fees

IIM Indore Courses	IIM Indore Fee Structure (INR)	IIM Indore Eligible Criteria
EFPM	9.8 Lakhs	Intake: 20Eligibility: Minimum 5 years of managerial/entrepreneurial/professional experience with a master’s or postgraduate diploma with at least 60% marks OR professional qualifications CA/ICWS/CS with at least 50% marks OR A five-year integrated master’s degree with at least 60% marks OR First class/equivalent bachelor’s degree with a minimum CGPA of 6.5 out of 10 or equivalent. Selection Process: CAT/GRE/JRF/GMAT/GATE/RAT(Research Aptitude Test) + Personal Interview (PI)
EFPMG	9.8 Lakhs	Eligibility: Minimum 5 years of experience working as an officer with a master’s or postgraduate diploma with at least 60% marks OR professional qualifications CA/ICWS/CS with at least 50% marks OR A five-year integrated master’s degree with at least 60% marks OR First class/equivalent bachelor’s degree with a minimum CGPA of 6.5 out of 10 or equivalent. Selection Process: RAT(Research Aptitude Test) + Personal Interview (PI)
EPGP	22.11 Lakhs	Intake: 57Eligibility: 50% in a four-year bachelor’s degree in any discipline OR 50% in a three-year bachelor’s degree with 50% in a master’s degree OR 50% in a five-year integrated program and a minimum 5-year of managerial/entrepreneurial/professional experience after graduation. Selection Process: GMAT + Personal Interview (PI)
FPM	Commitment Fee: 75,000 Stipend: 30,000 per month	Intake: 34Eligibility Criteria: Master’s or postgraduate diploma with at least 60% marks OR professional qualifications CA/ICWS/CS with at least 50% marks OR A five-year integrated master’s degree with at least 60% marks OR First class/equivalent bachelor’s degree with a minimum CGPA of 6.5 out of 10 or equivalent.   Selection Process: CAT/GRE/JRF/GMAT/GATE + Personal Interview (PI)
IPM	36.17 Lakhs	Intake: 150Eligibility: Candidates should have passed standard XII/HSC or equivalent examination and should have passed standard X/SSC and should have been born on or after August 01, 2003. Selection Process: IPMAT Indore + Written Ability Test (WA) + Personal Interview (PI)
PGP-HRM	18.42 Lakhs	Eligibility Criteria: Bachelor’s degree OR complete professional degree (CA/CS/ICWA/FIAI) with at least 50% of marks Selection Process: CAT + GD/WAT + PI (Personal Interview)
PGPM	Domestic: 21.17 Lakhs International: 30.11 Lakhs	Intake: 480Eligibility: Bachelor’s degree with at least 50% marks or equivalent CGPA. Selection Process: CAT + GD/WAT + PI (Personal Interview)
PGPMX	17.6 Lakhs	Eligibility: Minimum 5 years of experience working as an officer with a master’s or postgraduate diploma with at least 60% marks OR professional qualifications CA/ICWS/CS with at least 50% marks OR A five-year integrated master’s degree with at least 60% marks OR First class/equivalent bachelor’s degree with a minimum CGPA of 6.5 out of 10 or equivalent. Selection Process: RAT(Research Aptitude Test) + Personal Interview (PI)

Indian Institute of Management Indore Courses

IIM Indore Courses are contextually designed to groom its students to become more competent and professional in the field of management.

India Institute of Management Indore believes that the essence of management lies in one’s own ambitions and forging ahead consciously. A strong vision is what sets the foundation for a good corporate practice.  Indian Institute of Management Indore courses are designed with that central objective, it aims to evolve, propagate, assimilate and develop contemporary innovative management practices and systems to contribute to social and economical practices in India through its sophisticated IIM courses.  

Indian Institute of management courses offer excellent management education, research and training, utilising the contemporary participant-centric pedagogies and teaching methods. It addresses the contemporary management practices and encourages the participants to make the best out of it. 

• Post Graduation Program of Management (PGP)
• Executive Post Management Program in Management (EPGP)
• Five Year Integrated Program in management (IPM)
• Post Graduation Program in Human Resource Management (PGP-HRM)
• Fellow Program Management at Indian Institute Of management Indore (FPM)
• Executive Fellow Programme in Management (EFPM)
• Executive Fellow Program in Management and Governance (EFPMG) at Indian Institute of Management Indore

The course offered and their key features are mentioned below:

 Post Graduation Program of Management (PGP)

The post-graduation program is one of the Indian Institute of Management Indore courses which is driven with the objective of boosting the learning capacity of the participant and equipping them with the skill to adapt to the national and international environment. The PGP will push the participant towards achieving excellence, it will feed the elements and factors which contribute to maintaining high ethical standards and teach the participant how to utilize them for best results. The participant of the post graduation program will be sharpening his capabilities to work effectively and efficiently, both individually and in the group. The post graduation program of management affects the participant in the following ways:

• Develops Critical Thinking
• Ability cooperate and work in groups effectively
• Hoans the skill of quantitative analysis
• Prepares socially conscious and ethically motivated managers, and leaders and entrepreneurs

PGP is a two-year program, each year consisting of three terms. Between the first and second years, the participants spend eight weeks of summer working in a business organization. This gives the participants the opportunity to judge their growth and showcase their skills in the real world before coming back to accumulate yet more techniques and skills.

Executive Post Management Program in Management (EPGP)

The Executive Post Management Program in Management is one of the Indian Institute of Management Indore courses; it is an intensive one-year full-time residential program. The EPGP program is designed especially for professionals who aspire to broaden their knowledge and polish the skills essential for effectively and efficiently managing an organization. Considering the contemporary fast changing and growing world, the program equips its participants with relevant skills and techniques of management, which will help the participant to make lucrative choices and handle the organization well.

The Executive Post Management Program offered in Indian Institute of Management Indore courses is accredited by both EFMD Quality Improvement System (EQUIS) and US-based Association to Advance Collegiate Schools of Business (AACSB). This has added a feather to the heat for the Indian Institute of Management Indore since these accreditations are held by around one percent of schools in the entire world.  

Below are mentioned the main goals of the program

• Data analytical skills to identify an issue and come up with solutions for solving the problem. 
• Ability to cooperate, work with a team and display leading spirit. 
• It imparts the wisdom of the legal and financial environment of business
• Enhances communication strategies for more effective command
• Covers ethical concerns of management functioning
• Integrated and Strategic thinking

Five Year Integrated Program in Management (IPM)

It is a specialized program in IIM Indore courses for young students who hold aspirations of becoming a successful manager or a leader. This Indian Institute of Management Course is designed to attract fresh young students and transform them into smart and professional leaders through world-class education. 

If the students are enrolled in one of the IIM Indore courses fresh out of school, they can start learning at an early age, get a better idea of having a socially-conscious behavior, and steadily transform into a manager and leaders through the management education offered by this five year Indian Institute of Management Indore Course. 

The goals of this program are divided into two parts

Goals for the first three years

• Develop Language and Communication Skills
• Develop knowledge of basic foundations of Management Studies
• Develop ethical understanding
• Develop Social Consciousness

The goals for the last two years

• Develop critical thinking
• Ability to work effectively in a group
• Develop competence in quantitative analysis
• Develop social consciousness and ethically motivated leaders and entrepreneurs.

Post Graduation Program in Human Resource Management (PGP HRM)

The Post Graduate Program in Human Resource Management (PGP HRM) at Indian Institute of Management Indore is a two-year full-time residential program designed to groom a participant into a professional managers and polish their social skills. The PGP-HRM course at IIM Indore was inaugurated in the year 2018 at the Indian Institute of Management Indore and has gained much accreditation since then. 

The Post Graduate Program in Human Resource Management (PGP HRM) at IIM Indore objectives are

• To address and educate about human resources in depth, major factors of concern, and contemporary issues in the dynamics of the business environment.
• To impart a thorough understanding of behavioral standards for developing value in the organization and in society.
• To develop an analytical orientation for identifying patterns in a business and understanding to efficiently approach an issue or a problem and find applicable methods for handling the crisis. 

The Post Graduate Program in Human Resource  Management (PGP-HRM) at IIM Indore will enable the participant to grasp the business rationalities, and the science of human behavior taking place in an organization. The PGP-HRM course at IIM Indore will be able to deploy psychological tools for the best interest of the organization. The participant will develop an understanding of shaping efficient human relations within the organization and the immense benefits of it. The analytical skills which will be honed in the Post Graduate Program in Human Resource  Management at the Indian Institute of Management Indore will help identify behavioral patterns within the organization so that appropriate measures can be taken for the best result. They build practical skills for HR to most effectively utilize them for the best interest of the organization.

The participants of PGP-HRM IIM courses will be exploring the depths of human behavior and acquire an in-depth understanding of human behavior in an organization based on psychology and social theories. The participants will develop a coherent understanding of human interactions within an organization by understanding its relevance to economic, cultural, and social issues. This course offered at the Indian Institute of Management Indore will develop the capacity and gain competence to handle HRM  issues and problems arising in an organization or spreading across different sectors of business operations. Eventually, the participants will become ready for establishing efficient human relations within an organization.

The mission of The Post Graduate Program in Human Resource  Management (PGP-HRM) an Indian Institute of Management Indore course is to polish the manager’s capability to effectively utilize the human resource and business issues by utilizing the advances in behavioral science, analytics, contemporary, and emerging organizational forms. The program will affect the participant in the following ways.

The Post Graduate Program in Human Resource Management (PGP HRM) Goals

• Develop the participant's critical thinking ability
• The quality to cooperate in group work and leading ability
• Enhances the participant’s understanding for increasing competence in quantitative analysis.
• Evolve the understanding and develop competence in Human Resource Management
• Forming relevant and effective Human Relations within an organization.

Indian Institute of Management Indore courses offer a unique program that helps in building a strong value in the following ways

• The first year of the PHP-HRM course at IIM Indore runs alongside PHP participants in Indian Institute of Management Indore in order to enable the participants to develop a strong business rationale and interact with peers who are aspiring to become general managers.
• Psychometric instruments are given solid attention, behavioural labs and assessment centres are utilised to equip the participants with innovations in psychology and its utilisation for enhanced understanding of behavioural science. 
• A focused emphasis on analytics in order to enable the participant to coordinate human resources and identify business issues with respect to logical evidence-based ways through the practice of analytical skills. 
• Inclusive study of industrial projects so that the participant develops a concrete skill and competence in different areas of functioning of HR. 
• Opportunities for developing a thorough understanding of social theory and philosophy based on the premises of HR, Communication, and other such factors playing a role in a business.

Fellow Program Management at Indian Institute Of Management Indore (FPM)

The Fellow Program (FPM) at Indian Institute of Management Indore offers specialization in various areas of management. This course is a unique program in management, highly specialized for mastering at a core level of a field. The doctoral program offers both depth and breadth of knowledge to doctoral participants in management. The FPM's objective is twofold, first is to master the relevant methodological tools of management and the other is to inform the participant about the advancements in the current management techniques and wisdom of effective and efficient organizing. 

Fellow Program Management at Indian Institute of Management Indore offers prospects of a career within academia and also outside the academic world. Indian Institute of Management offers the FPM at IIM Indore which gives direction to the participant through a rigorous curriculum, providing ample training for an academic career, and gives the participants an opportunity to make an indelible mark on research activity in the respective doctrine field of the participant. The program offers specialization in various areas of management. 

With the evidence of the rapid expansion of management education in India, it has become a general notion for business schools to cater to the needs of the contemporary industry, companies, economy, and the participant by delivering excellent researchers and academicians for the expansion and flourishment of business institutions or companies. The Fellow Program Management at the Indian Institute of Management Indore has sought to contribute to this social need. 

The Indian Institute of Management Indore awaits the aspirants with its highly enriched, professional and personal environment.

Fellow Program Management (FPM) at IIM Indore goals are

• To allow the participants to understand the foundations and structure of management, management research, and efficient research methodologies.
• To enable the participants to quickly grasp the existing layout of management and contribute to its efficient operation. 
• To develop research methodology with a high degree of ethical standards in research work.
• To understand the need for various pedagogical tools and their significance in management operations
• To upgrade the socio-behavior with the help of developing better communication.

Executive Fellow Programme in Management (EFPM)

Executive Fellow Program in Management is a uniquely designed program offered at the Indian Institute of Management Indore which offers a unique doctoral-level program in management for professionals who aspire to acquire a Ph.D. in management. This particular Indian Institute of Management course was an innovative introduction in 2011 to cater to the needs of the working professionals, offered by an Indian Institute of Management. 

The Executive Fellow Program in Management has evolved over the years, and it has begun offering a PhD degree. The program includes going under rigorous coursework and offers to pursue smart research under the guidance of some of the best researchers in the management arena.

Doctoral Programs at Indian Indian Institute of Management Indore offers two doctoral programmes culminating in PhD. The fellow program in management is a five-year residential program and the Executive Fellow Programme in management which is a doctoral program for working executives. Indian Institute of Management Indore is currently one of the best units of doctoral candidates (more than 130) in the management domain across the country.  

Knowledge and understanding are the keys that can assist a person in overcoming the toughest, the scariest hurdles of life with ease. Knowledge and information are technically the most important drivers of the economy today. The Executive Fellow Program in management at the Indian Institute of Management Indore provides an excellent opportunity to sharpen one's capabilities of understanding, acquiring, and utilizing the knowledge and information for the best results in management. The program is exclusively excellent for those participants who wish to contribute to management strategies, theories, and research for the growth and flourishment of management science, with the help of research and the discipline of management.

Executive Fellow Program in Management's goal is to prepare candidates so that they can contribute to the field of Training, Research, and Consultation. The program sought to achieve these objectives by:

• Providing an overall idea of the management discipline in general and the areas of its operation
• Giving inputs on research tools, methods, and techniques
• Giving insights on developing and effectively utilizing pedagogical tools and techniques
• Solidifying the scholarly knowledge and understanding of the management operations. 

Executive Fellow Program in Management and Governance (EFPMG) at Indian Institute of Management Indore

The Executive Fellow Programme in Management and Governance (EFPMG) is a fresh program initiated in the year 2021. The unique program is designed for working senior officers in the Indian Administrative Services and Indian Armed Forces. This program for officers is offered by the Indian Institute of Management Indore which offers PhD degree in management. The program offers rigorous coursework which gives birth to the opportunity to excel in research under the guidance of some of the best management researchers. The program is expected to contribute greatly to the effective governance of the country, enhancing the economy and nation-building. In addition to it, the program will leverage the experience and capability of the country’s civil servants, Army officers, and public managers, while evolving their capabilities and making them research-oriented personalities. 

EFPMG at IIM Indore offers specialization in the following areas

• Communication
• Economics
• Finance and Accounting
• Information Systems (Emerging Technologies, and Data Science or Analytics)
• Humanities and Social Science
• Marketing Management
• Operations Management and Quantitative Techniques (Operational Management, Operations Research, Statistics, and Mathematics
• Organisational Behavior and Human Resource Management 
• Strategic Management (strategic management, International Business, and Entrepreneurship.

Scholarship for Indian Institute of Management Indore 

IIM Indore has organized various Need-Based Financial Assistance (NBFA) for students belonging to low family income. This scholarship is offered by the PGP executive committee and the NBFA committee in Indore. Students with a gross family income less than INR 4,50,000 in the previous year are eligible for NBFA scholarships.

At the time of admission or approximately during that period, the college in which the participant is admitted provides details regarding scholarship opportunities. The students who seek financial aid can avail the benefits from it, given that they earn the scholarship, since there are a few options for students the participants for the scholarships at IIM Indore are plenty. Approximately two hundred and fifty participants compete for one scholarship opportunity.

Scholarship for Indian Institute of Management Indore comes into two major categories:

• In the first year, the scholarship for Indian Institute of Management Indore is granted to the selected candidates on the basis of their CAT Score and merit. However, in order to continue the scholarship in the 2^nd and 3^rd years, the students are selected on the basis of their academic performance in the previous academic year.

• The second criterion of availing of the scholarship Indian Institute of Management Indore is through competing for then in the specific competitive examination which is organized by the scholarship issuing authority themselves. These tests can be in the form of an online interview, personal interview, online exam, or written exam.

A few of the scholarships which are offered to the participants at IIM Indore are mentioned below

Scholarships for IIM Indore offered by Government

The Central Scholarship Scheme (CSS) is offered by the Department of Higher Education and Ministry of Education to provide financial assistance to meritorious students from poor families to meet their day to day expenses while pursuing higher studies. 

Students whose gross family income in the previous financial year had not been more than INR 4,50,000 are eligible for the Central Sector Scholarship. 

This scholarship covers major finances such as

• Tuition fees
• Non-refundable Charges
• Lodging and boarding charges
• Books and Stationary charges and
• Cost of IT types of equipment

Scholarship for IIM Indore offered by Industries for Management Education

Apart from the NBFA and the scholarship offered by the Government of India, there are some industries which also provide financial assistance to students as well. Some of these Industries are mentioned below:

Aditya Birla Scholarship for Management Education

In the first year, the Aditya Birla scholarship provides financial assistance to the selected candidates for the scholarship. Students who continue to display their excellence in academics, and are among the top 25 performers are eligible to continue to benefit from this scholarship even in the 2nd year. 

A total of only one or two students are selected to avail Aditya Birla Scholarship. The reimbursement amount received by selected students is INR 1,75,000.  In the 2019-21 batch of the PGP program, Namrata Vinayak Nerurkar received the prestigious Aditya Birla Scholarship. She had competed with over 180 participants from various business schools across the country and was among the top 20 participants shortlisted. 

OP Jindal Engineering and Management Scholarship (OPJEMS)

Based on the participant’s performance in the entrance examination, the aspirants are selected for the scholarship in the first year. The 2nd,3rd, and 4th-year students are allotted the scholarship on the basis of their academic performance in the previous year. Only the top 20 students (on the basis of the academic year result) are eligible to apply for this scholarship. 

Navin Bhatia (PGP 2017-19) won this scholarship after competing with with with participants from 40 colleges across the nation and clearing three rounds of online tests, followed by a psychometric assessment and personal interview. Navin marked his rank among the top 100 scholarship recipients and received a scholarship of INR 1.5 lakh, which was used for covering a part of the academic fees.  

YES Bank Scholarship for Management Education

Urvashi Saboo (PGP 2018-20) received a YES bank scholarship of INR 2 Lakhs. YES Bank invited 5000+ applicants and shortlisted candidates on the basis of their profile, followed by an aptitude test. After conducting interviews and inviting articles from all the shortlisted candidates, it selected 30 YES bank scholars from all over the country. 

For the YES Bank scholarship, Urvashi had to compete with thousands of applicants across the nation and secured her position as one of the thirty selected scholars for the scholarship.

State Bank of Indian Scholarship for Management Education

This IIM Scholarship is merit-based in nature and provided on a yearly basis. The amount received as reimbursement amounts to INR 1.50,000. 

IIM Indore Placements 

Course	Placements	Average Stipend
MBA	508	2.74 lakh
Dual Degree Candidates	98	2.70 lakh

IIM Indore had set a record in the previous year. The 2022-24 batch of MBA students had witnessed 100% summer placements, the batch comprised 606 students. This went straight to the record books as IIM Indore Placements had witnessed the largest batch of placement. The season witnessed strong participation from prosperous recruiters with a presence across various sectors such as BFSI, Conglomerate, Construction and Real Estate, Consulting, Consumer Goods, E-commerce, Healthcare, Logistics, Manufacturing, and many more. With over 140 recruiters visiting the campus, the institution continued to deepen bonds with its regular recruiters, along with building fresh relationships with 55+ new firms.

IIM Indore Placement Percentage and sector-wise

Work Experience Sector	Percentage Hired
Automotive	10%
Financial	11%
Consulting	14%
E-Commerce	2%
Manufacturing	14%
FMCG	3%
Analytics	31%
Infrastructure	4%
Pharmaceutical	1%
Others	10%

Indian Institute of Management 2023 Report of PGP and IPM

According to the official Indian Institute of Management Indore placement report The average stipend of the batch was 2.74 lakhs, witnessing a sharp increase of 37% from the last year. Medium stipend grew by 35%, standing at 2.70 lakhs.

IIM Indore Placements Particulars	IIM Indore Placements  2023	IIM Indore Placements 2022
Batch Size	568	572
Average Package	INR 30.21 LPA	INR 25.01 LPA
Highest Package	INR 1.14 CPA	INR 49 LPA
Increase in Average CTC	20.8%	6%
Increase in Highest CTC	132.6%	-
Increase in Median CTC	12.0%	6.6%
Median Package	INR 27.2 LPA	INR 24.09 LPA
New Recruiters	80	30
Top Recruiters	Accenture Strategy, Acuvon Consulting, Aspect Ratio, Avalon Consulting, Bain & Company, BCG, Deloitte India, Deloitte USI, Everest Group, etc.	Accenture Strategy, Bain & Company, Boston Consulting Group, Deloitte, Everest Group, Eversana, Ernst & Young, Infosys Management Consulting, KPMG, etc.
Top Recruiting Domains	Consulting	Consulting
Total Recruiters	160	180

A fair number of firms spanning various sectors visit to offer India Institute of Management Indore placements and recruit students in high numbers for their general management and flagship leadership programs.

 Along with this, opportunities in HR sectors were offered. Some of the most notable names of the recruiting companies include Adani Group, Amway, Apollo International, Capgemini, Chrysalis, Capgemini, Cipla, CK Birla, Cummins, Flipkart, General Mills, ICICI Bank, Kotak Mahindra Bank, Larsen and Toubro, Maersk, PhonePe, reliance Industries, Renew Power, Salesforce, Sunteck Realty, Tata Steel, Udaan, Cost Optimization, Renew Power and Wipro Limited who has recruited the participants from Indian Institute of Management Indore Placements. 

The prominent roles included Business strategy, Data Assessment Cost Optimization, Founder’s office and HR Consulting, Investor relations, operation management, Project management, Quality and Process Excellence, and Supply Chain management. With about 21% of the batch pursuing these major domains, a rise with respect to the number of offers made was witnessed. The statistics conclude a rise in the quality of management and leadership education imparted to the participants at the Indian Institute of Management Indore.

Indian Institute of Management Indore MBA and the IPM batch placed in 2023 Placements are mentioned below

Particulars	Batch Profile
Particulars	Batch Profile
Total MBA Students	470
Total Dual Degree Students	98
Percentage of Male Students (MBA)	65%
Percentage of Female Students (MBA)	35%
Percentage of Male Students (Dual Degree)	73%
Percentage of Female Students (Dual Degree)	27%
MBA Students with Work Experience	53%
Average Work Experience of MBA Candidates	21 months
MBA Students from Premier Institutes (IITs/ NITs/ BITs/etc)	23%

IIM Indore CAT Cut Offs

IIM Indore offers admission primarily on the basis of valid CAT Scores. For IIM Indore admission, students need to meet the overall CAT Cut Off percentile and the selection process that follows, which include WAT and Personal Interview. Candidates seeking admission in the Indian Institute of Management Indore, the candidate must score above 90 percentile in the CAT Exam to qualify for the IIM Indore CAT cut offs criteria. IIM Indore doesn’t release CAT cut offs Indian Institute of Management Indore Admission in the public domain, it is exclusively accessible only via account log in to candidates who have appeared for the exam. 

For admission in IIM Indore, the candidate must aim to score above 90 percent in the CAT Exam to meet the Indian Institute of Management Cut Offs. CAT cut off for general category students ranges from 97 to 98 percentile for admission in IIM Indore. 

IIM Indore is setting up new standards for admission, they have started to drastically reduce the hitherto culture of fixating on CAT cut offs exam for selection of participants. They have sought to give due attention to the student’s academic performance during graduation. Indian Institute of Management Indore cut off 2024 has been liberalized for encouraging the students to show excellence in their graduation. The aspirants would generally focus on preparing for the CAT Examination solely for qualifying the CAT cut offs criteria at the cost of deteriorating their academic performance at the graduation level. 

Indian Institute of Management cut offs for CAT 2023 have been reduced to the 90 percentile and IIM Indore cut off for admission in 2024 for each of the sections is also reduced to the 80 percentile. In 2024, IIM Indore will be awarded only 20% weightage to CAT 20023 scores and 74% weightage to class 10th and 12th marks. Further, the shortlisting will carry on in the WAT and PI stages. 

IIM Indore CAT 2023 Cut Off

Category	Section-1 VARC	Section-2 DILR	Section-3 Quant	Overall CAT 2023 Percentile Cut off
EWS	80	80	80	90
General	80	80	80	90
NC-OBC	70	70	70	80
PWD	40	40	40	45
SC	55	55	55	60
ST	40	40	40	45

Facilities at the Indian Institute Of Management Indore 

IIM Indore is proclaimed to be one of the most beautiful educational institute campuses in the entire nation. It is a general view among all the B-schools by students, teachers, parents, and professionals alike. Stationed at the top of the scenic hillock, the institute is in the midst of scenic beauty, with remarkable infrastructure, architecture, and design layout. The campus offers an ideal aura and environment for contemplative learning. The vast expanse of campus, surrounded with greenery gives sufficient headspace for the participants to explore and grow the boundaries of innovation and creativity. 

Facilities at the Indian Institute of Management Indore have grown at an exponential rate. IIM Indore Facilities include lecture theatres, well-equipped gymnasiums and extended sports facilities for all the participants, faculty and staff members; and their family too. 

The most prominent facilities at the Indian Institute of Management Indore are given below

Academic Facilities at IIM Indore

IIM Indore participants are taught, trained and educated under the guidance of excellent teachers and professionals, both regular and guest faculty members. The academic facility at the Indian Institute of Management Indore offers efficient staff members, who take care of the institution's administration. 

The facility at IIM Indore Include

• Learning Centre (Library)
• 01 Computer Lab
• 01 Finance Lab
• 28 Syndicate Rooms
• 35 Lecture Theatres
• 103 Faculty Cabins

Sports/Recreational Facilities at IIM Indore 

IIM Indore has been facilitating services by experienced certified fitness instructors and coaches who bring a wide range of expertise to the fitness centre. These guides are equipped with skills and techniques for optimum performance and results. Not only are they available to cater to a candidate’s modified needs but also they are willing to impart the knowledge and teach the skills at their disposal. 

The trainers at the Indian Institute of management provide cardiovascular training, Strength Training, Flexibility training, Yoga and aerobics training. In addition to these Facilities, the Indian Institute of Management Indore has deployed qualified and experienced swimming instructors and has included swimming programmes to ensure that participants can gain maximum from the IIM community. The pool is frequently filtered and treated with mild chemicals to clean the mass of water.  

Residential Infrastructure at Indian Institute of Management Indore

Indian Institute of Management residential facilities includes Hostels for all the students and quarters for staff and faculty. There is a 24X7 water supply along with water coolers and purifiers available on every block. Individual rooms in the hostels are furnished with teak cots and mattresses, a computer table, chair, closet and shelves. The hostel rooms at IIM Indore have full-time internet connectivity direct to the main LAN.  

Resident Facilities at IIM Indore Include

• FPM Participant’s Hostel
• Married Student Hostel
• Student Mess Blocks
• Canteens 
• Student Residences
• Student Common Rooms
• Staff Quarters
• Faculty Quarters

Single-seated/twin-seated accommodation facilities are available for all the students in the campus premises, there are separate blocks/floors for men and women. The aesthetics of the infrastructure is of aesthetic standard, the rooms of the hostel are well furnished, the blocks are surrounding the canteen for easy access for the students. The hostels are all interconnected, mostly in blocks of three. Each block has a common room which includes a television with a DTH connection, chess, carrom, dart games, and table tennis. 

IIM Indore Mess Facilities 

Mess facilities at the Indian Institute of Management Indore are equipped with round-the-clock canteen facilities with vegetarian and non-vegetarian food are also available, to the students. In addition to it snacks, biscuits, chocolates, ice cream, and soft drinks are available in the mess itself. Apart from the regular mess, the night canteen runs from 11 pm to 5 am for students to order anything from paratha to noodles. The students have also contributed to the facilities by initiating JAM- which provides fresh fruits and juices within the hostel premises. 

Frequently Asked Questions about Indian Institute of Management Indore

Q. What is IIM Indore famous for?

Ans. NIRF has allotted 7th  rank to the Indian Institute of Management Indore. It has been addressed as one of the most prominent and beautiful B-Schools in India having an autonomous status. IIM Indore offers PGP and PGPMX programs and two Doctoral programs, along with several executive courses. 

Q. Is IIM Indore difficult to crack?

Ans. Cracking IPMAT is not as difficult, with constant effort and consistency with a proper strategy admission can be done at IIM Indore. Can I crack IPMAT without coaching? YES, it is definitely possible as a good number of participants do it every year. 

Q. What is the CAT rank for IIM Indore?

Ans. For admission to IIM Indore the CAT Exam cut off for general category is 80, however, the overall percentile rank required is 90. Nevertheless, for admission to the Indian Institute of Management Indore in 2023 is estimated to be 97-98. 

Q. Which is the Cheapest IIM?

Ans. IIM Bodh Gaya has the lowest MBA fees. Its current fee is INR 15.50 lakh.  IIM Bodh Gaya fees for MBA can be paid in installments and there is scholarship and loan assistance available. 

Q. What are the fees for IIM Indore? 

Ans. As per the revised fee structure, the expected fee for the PGP program offered at IIM Indore is INR 10,95,000 for Indian candidates and INR 15,95,000 for NRI candidates. 

Q. How is campus life at IIM Indore? 

Ans. IIM Indore has a fully residential campus with hostel facilities for all students and quarters for faculties. It provides a sophisticated and hygienic canteen facility, in addition to it, IIM Indore also has a night canteen which goes on from 11 pm to 5 am.