This is something that will vary according to the year of admission. For any category, students up to a certain rank are decided according to the seats they have and are given provisional admission letters.
Thereafter if any student among them does not accept the offer and any seat is left vacant then only the next ranked candidate is offered the seat.
In previous years in the general category, students till the rank of 58 were offered the provisional admission letters and all others beyond the rank were in the consideration pool in case some students did not accept the offer.
New IIMs are being projected as amazing institutes when the truth is far different. The media is relaying false information for the sake of publicity.
So I will personally recommend the following not to join any new IIMs at any cost.
I will recommend the following to join any IIM
These recommendations are based on the expectations of many. But please don’t consider joining the new IIMs unless it’s the last option you have.
One of my friends is a pass out of IIM Indore and she claims the placement statistics are rather misleading in comparison to the actual figures.
The highest package is usually around INR 14 LPA and if you are really qualified then maybe INR 20 LPA. The average is around 8-10 LPA. The lowest CTC stoops as low as 5-6 LPA. Moreover, many students even fail to land a job after completing the program. The reason behind this is the lack of popularity of the program among recruiters. They don’t want to invest in a relatively new and uncertain course, rather they prefer B.Tech + MBA students.
Now let’s talk about ROI. The fees for the first 3 years is INR 5,00,000 per year. The total fee is around INR 25,00,000. Including the additional expenses, we can say it’s around INR 30,00,000. Comparing the fees with the placement we can easily say that the ROI is terrible. You will have to spend many years paying the loan back.
The FPM or the Fellow Program in Management is a full-time, residential, fully financially supported doctoral program of the Indian Institute of Management Kozhikode.
One of my friends joined IIM Kozhikode for research under financial accounting and control. According to her, the first year is full of rigor and a rigid curriculum. The FPM students share the curriculum with MBA students in the first year along with 3 FPM courses. The shared curriculum enables them to get in insight into various aspects of Management.
Like the first year, the second to has 3 semesters of 3 months each. This year comprises core FOm courses that give a depth understanding of methodologies and various econometric tools.
One major drawback my friend faced was the improper ratio between the number of courses and their period of study. The second year has 7 courses in each term which imply 12 days per subject which is insufficient. If we consider the 30 hours of classes per course, it means we attend classes for 210 hrs ( appr 8 days).
So IIM Kozhikode no doubt offers top-notch facilities and resources but you will have to prepare yourself to physically and mentally tire yourself to avail of them. FPM is an excellent course for research aspirants and not for casual learners.
If you are a student of the general or OBC category, you will have an age limit of 20 years of age to register for the IPM Aptitude Test. For candidates of the SC and ST category, you have an age limit of 22 years.
Other than this, make sure that you meet the eligibility criteria. You need to have 60% aggregate marks in your high school (10th grade) and higher secondary (12th grade) for general and OBC categories.
If you are from the SC/ST or PDW category, the above criteria is lowered to 55% aggregate marks.
Studying at IIM Indore makes you proficient in
IIM Indore has one of the biggest and most beautiful campuses of all IIMs. The campus is more like a city wherein we have our own shuttle buses, movie screenings, Olympic size swimming pool, food outlets, etc.
Almost every festival is celebrated here and there are special feasts for each festival, like the Durga Pooja feast, Ganesh Chaturthi feast, Eid feast, Onam feast, Pongal feast, etc. There are special Christmas, New year, Lohri, and Holi celebrations also.
One major highlight is the Rural Immersion Program in which you spend a week in the villages in groups of 3 to 4 to ascertain the progress of Swach Bharat Abhiyan. Another initiative on the part of students is the Himalayan Outbound Program where you get to spend a week in the mountains.
The farewell marks the final chapter of these beautiful 2 years. There are 2 farewells, one is organized by the cultural committee and the other one is organized by the institute administration.
IIM Indore conducts a national level Aptitude Test called IPMAT. The exam duration is 2 hours with 100 total questions.
Quantitative Ability: 60 questions (75 minutes)
Verbal Ability: 40 questions (45 minutes)
Composite score is calculated as follows
QA= 65 * ( candidate’s score - Min Score)/ Max score - min score
VA = 35 * ( candidate’s score - Min Score)/ Max score - min score
Final score = QA score + VA score
If you are shortlisted, you will be called in for the WAT and PI round. The weightage for the complete composite score is as follows
Your composite score is informed only if you are not shortlisted. Otherwise, you won’t get to know your score.
The section of verbal ability in the IPM-IIM Examination has a total of 40 questions that are one mark each. The sectional time given to attempt this section of the examination is 45 minutes. The topics that are usually repeated every year in this section of the examination include:
To prepare yourself for this section, give 1-2 hours per day to brush up on your verbal ability skills. This time would be sufficient for your preparation including vocabulary and practice sessions. Try concentrating on your speed and accuracy while preparing. You can read newspapers, and novels to improve your skills too.
All these topics form a major chunk of the verbal ability section. It can only be improved by consistent practice and hard work. You should try and practice several exercises every day to improve your verbal ability skills. This would help you during the examination.
IIM Indore is ranked 12th in the Outlook ICare MBA Ranking 2021. It is one of the most prestigious management institutes in India with a huge brand name.
Overall, the prestige of this course will grow in the future when the alumni base for the program will strengthen.
No, it’s not the most difficult IIM to get into. I say this because I have a few friends who are studying at the institute.
IIM Indore admission criterion focuses more on academics. It gives huge weight to the class 10 and class 12 marks and substantially less weight to the CAT score. For that reason, many students having good academics get interview calls for as low as 92 percentile. Here is how the composite score for shortlisting is done at IIM Indore.
| Components | Scores |
| 10th/SSC Score | 34*[(Zcandidate - Zmin)/(Zmax-Zmin)] |
| 12th/SSC Score | 40*[(Zcandidate - Zmin)/(Zmax-Zmin)] |
| CAT overall score | 20*[Candidate's CAT overall score/Highest CAT overall score] |
| Diversity Factor (DF) | 6 |
| Composite Score | = Sum of above scores (max 100) |
Note: Z candidate, Z max, Z min are calculated using the normalization process.
On the other hand, the other old IIMs give substantial weight to the class 10 and class 12 marks as well as the CAT score, which makes these institutes way more difficult to get into.
Having said that, getting into IIM Indore is relatively easier as compared to other old IIMs, provided you have a good academic profile.
If your academic profile is not good, most of the old IIMs will become almost equally tough to get into.