IIM Indore: Fees, Placements 2024, Cutoff, Admission, Courses, Ranking

Ans. As per the IIM Indore admission report for the 2023-25 batch, around 131247 students selected IIM Indore MBA. Among them 8172 were shortlisted for PI WAT round.

Ans. The detailed IIM Indore MBA fees structure is tabulated below:

Ans. IIM Indore is one of the top IIMs in the country. Known for its Experienced Faculty, Strong Industry Connections and top Academic Programs, getting into IIM Indore is tough. Candidates need to prepare well to have a chance of getting selected. 

Ans. IIM Indore has concluded its Placement for the batch of 2023 with 100% of the students getting placed. IIM Indore highest package increased by 132.6% from the past year to INR 1.14 CPA.

Ans. Admission to IIM Indore is done through CAT Scores for its Flagship PGP Program. Candidates who have a Bachelor’s Degree with valid CAT score can apply to IIM Indore.

Ans. IIM Indore campus is well equipped with Modern Classrooms, Library, Labs, Sports and Recreation facilities, Hostel, Mess and Healthcare facilities.

Ans. The eligibility for IIM Indore IPM exam is as follows:

• Candidates should have passed HSC Examination in the year 2022, 2023 or appearing in 2024 with a minimum of 60% marks (55% marks for candidates from SC / ST / PwD).
• Candidates should be born on or after August 1, 2003 (5 Years of relaxation to candidates from SC / ST / PwD).

Ans. IIM Indore IPM Fees is INR 17,14,133 for the first three years. Course fee for fourth and fifth year is equal to PGP fees of IIM Indore.

Ans. IIM Indore highest package was recorded at INR 1.14 CPA for the batch of 2023.

Ans. IIM Indore has been ranked 8th in the Management Category by NIRF 2023. IIM Indore is also ranked 151st by QS World University Global Ranking 2024.

Ans. The batch size of IPM in IIM Indore is 150. 

Ans. Both IIM Bangalore and IIM Indore are top IIMs of the country. Below is a short comparison for both the colleges for your better understanding:

Ans. IIM Indore average package for batch 2024 stood at INR 25.68 LPA.

Ans. IIM Indore has many Committees. Some of them are Alumni Committee, Cultural Committee, Infrastructure Committee, Media & PR Committee, Preparation Committee, Sports Committee etc.

Ans. IIM Indore FPM Students receive Fellowship Grant / Stipend of INR 40,000 per month during their course work (Term 1-5) and INR 45,000 per month after clearing Area Comprehensive Examination.

Ans. The duration of IIM Indore FPM Program is 4 Years.

Ans. IIM Indore Executive MBA is a well-known 1-Year, Full-time Program designed for Working Professionals with Work Experience of 5 Years. Average Package offered to IIM Indore Executive MBA students was recorded at INR 27.8 LPA for batch 2022-23.

Ans. IIM Indore has various Hostels for all the Students. The Hostel is available on Single-seated / Twin sharing basis with separate Blocks / Floors for all Men and Women.

Ans. Yes, it is compulsory for students to stay in IIM Indore hostel.

Ans. For Admission to the IIM Indore PGP Program, the qualifying sectional cutoff is 80, with an overall CAT percentile of 90. However, the typical cutoff percentile for IIM Indore ranges between 96-98 percentile.

Ans. Yes, IIM Indore provides Need Based Financial Assistance to its PGP, PGP HRM and IPM Students whose annual income is below INR 9,00,000.

Ans. IIM Indore has an Undergraduate Exchange Program for its IPM Students. IIM Indore students are required to engage in Full-time study for 1 or 2 semesters at any of the International Partner Institutes.

Ans. IIM Indore has various Clubs for its students, some of which are:

Ans. IIM Indore Library is open from 9 AM to 6 PM from Monday to Saturday. On Sundays, the Library is open from 9 AM to 5:30 PM.

Ans. The eligibility criteria for the EDPM program at IIM Indore is as follows:

• 5 Years of Managerial / Entrepreneurial / Professional Work Experience
• Master’s Degree or 5-Year Integrated Master’s Degree with 60% Marks OR
• Postgraduate Diploma (2 years) with 60% Marks OR
• Professional Qualifications CA, ICWA, CS with 50% Marks OR
• 4-Year Bachelor’s Degree with First class

Ans. IIM Indore has Notable Alumni, many of whom are Entrepreneurs. Here are some Startups founded by the Alumni:

Ans. IIM Indore only accepts CAT / GMAT Scores for its Flagship PGP Program. Admission to IIM Indore is not possible without CAT / GMAT scores.

Ans. IIM Indore offers a Post Graduate Program in Management for Working Executives (PGPMX) at its Mumbai Campus. PGPMX is a 2-year, alternate weekend program and candidates will be awarded an MBA Degree after successful completion of the program.

Ans. Candidates must have a Bachelor’s Degree with 50% Marks or equivalent and must have 5 Years of Full-time Managerial / Professional work experience to be eligible to apply for the program.

Ans. The total fee for the EDPM Program at IIM Indore is INR 9,80,000.

Ans. IIM Indore IPMAT consists of 3 separate sections, the details are as follows:

Ans. Yes, Students can leave the IPM Program after 3 years with a Bachelor’s Degree.

Ans. No, direct admission to IIM Indore is not possible. Admission to any course in IIM Indore is entrance based. Candidates need to appear for the entrance exam relevant to the program they wish to apply for.

Ans. Accenture, Bain & Co., KPMG, Deloitte, Goldman Sachs, JP Morgan Chase & Co., Adani, Capgemini, Amazon, Microsoft are some of the Top Recruiters of IIM Indore.

Ans. IIM Indore highest stipend was recorded at INR 6 Lakhs for the batch 2024. The average stipend and median stipend stood at INR 2.74 Lakhs and INR 2.70 Lakhs.

Ans. IIM Indore achieved a 100% Summer Placement for MBA batch of 2024. The major domain during the internship was Consulting (25%), followed by Sales & Marketing (23%). IIM Indore witnessed an increase of 37% in the Average Stipend and 35% in the Median Stipend. 

Ans. IIM Indore Hostel fee is INR 45,500 with a refundable security deposit of INR 5,000.

Ans. IIM Indore has tie ups with various Foreign B-Schools for its Students and Faculty Members, some of which are:

• Alba Graduate Business School, Greece
• Auckland University of Technology New Zealand
• Frankfurt Institute of Finance & Management, Germany
• Kedge Business School, France
• MCI MANAGEMENT CENTER INNSBRUCK, Austria
• Solvay Brussels School of Economics & Management, Belgium
• Vienna University of Economics and Business, Austria

Ans. Yes, International Students can apply to IIM Indore via GMAT Scores.

Ans. Yes, IIM Indore offers various specializations in its PGP Program, they are:

• Finance & Accounting
• Economics
• Information Systems
• Marketing
• OM & QT
• Strategy
• Communication
• Humanities and Social Sciences
• Operations and Human Resource Management

Ans. IIM Indore offers a 5-year IPM program that offers a dual degree i.e BBA and MBA. In the first 3 years, the IPM fee is INR 5,00,000 per annum. In the last two years, the students had to pay the PGP fees which is INR 21,14,222 for 2 years.

Ans. The 2-year fee for the MBA program at IIM Indore is INR 21,14,222 and the fee for MBA-HRM is INR 18,42,222.

Ans. EPGP at IIM Indore refers to the Executive Post Graduate Program in Management. It is an intensive one-year full-time residential program designed specially for experienced professionals to enhance theri knowledge and skills in managing and leading organizations.

Ans. EPGP and MBA have almost similar curriculum but EPGP is a 1-year intensive program for experienced professionals, whereas MBA is a 2-year program designed for entry level managerial posts.

Ans. The FPM program at IIM Indore is for 4 years and 9 months, whereas the EFPM program if for 3 year duration that can be extended upto 6 years.

Ans. Yes, the IPM students can leave the program after 3 years with a bachelor degree, but if they want to continue their studies again then they will have to apply again for the MBA program through CAT.

Ans. Yes, the IPM students have to complete a social internship after the end of the 2nd year and a business internship between year 4 and 5.

Ans. The IIM Indore composite score cutoff for the final admission offer to the general students has been 63.9% for its 2023-25 MBA Batch. The final composite score of the institute may be the same for its admission shortlist or with a slight change.

Ans. The minimum requirement to qualify for the shortlisting process for the PI round is a CAT 2023 sectional score of 80 percentile and 90 overall percentile. IIM Indore is the only one among the 20 IIMs which awards such a high weightage to academics in shortlisting criteria.

Ans. Over the years IIM Indore has established strong relationships with several universities and business schools around the world and the list continues to grow. Hence, IIM Indore has been very active in engaging many of its home students in exchange programs with universities abroad. Participating in the exchange program requires a student of IIM Indore to undertake full-time study for one or two semesters at any of its international partner institutes.

Ans. IIM Indore Hostel facilities for students have separately located blocks for male and female students. The rooms are fully equipped with all the necessary amenities like a bed, mattress, table, chair, and a large wardrobe for every student. A LAN port is provided for internet connectivity in every room. Every room has attached washrooms and a balcony. 

Ans. The applicants pursuing EPGP at IIM Indore are required to get into an international immersion program with one of the top B-Schools of the world. It is a mandatory exercise for the award of an EPGP degree. 

Ans. IIM Indore has separate clubs for different course students. As for PGP Students, there are Active Club and Interest Club. Similarly, IPM students have 4 clubs such as:

1. Activity Club
2. Entrepreneurship Cell
3. Social Club
4. Special Interest Groups

Ans. IIM Indore has also set up a satellite campus in Mumbai offering various management courses. The institute administers PGPM classes for working Executives (PGPMX) at its Mumbai campus.

Ans. Yes, under the MBA course rigor, IIM Indore offers International Exchange Program which is a compulsory module for all the participants.

Ans. No real calculators are allowed in the IIM Indore IPMAT online exam. Students may use a virtual on-screen calculator that can be used during the exam for solving tough problems.

Ans. The best way to answer the ‘Why IPM’ question in the IIM Indore interview is to state your future career plans and explain how IPM is the perfect program for achieving those goals. The interviewer wants to know what made you choose the program. So, you need to provide a couple of valid reasons why IPM aligns with your goals. For example, you can say, the course curriculum of IPM is updated according to the current industry practices. So, it will be easier for you to pick up the skills and knowledge required to have a successful career in the industry. Having a clear idea about your future goals will help you formulate an authentic answer to this question. Also, read about the IPM program. Read about its course structure, mission, vision of the course, etc. 

Ans. All three of these courses are 1-year programs on Management for professionals with good industry experience. 

PGPMX IIM Indore course curriculum is up-to-date with subjects such as social media marketing and organizational perspectives. The curriculum is designed by keeping in mind that the students have at least 5 years of experience in the industry. This course includes preparatory Harvard Business School courses, to make sure that everyone is up to speed with the rigor of the program. The class profile is diverse, so you will get amazing peer-to-peer learning opportunities. 

If you have a few years of work experience, this course will help you strengthen your foundation. It will offer good career enhancement opportunities as well.

Ans. Yes. It is absolutely worth joining IIM Indore for the IPM Program. Though, you need to clear the IPMAT and the interviews. One of my friends had completed the IPM program at IIM Indore and here are some facts that may be useful to you.

• You will have some very interesting subjects from the trinity of mathematics, social science, and performing arts. It will equip you with really dynamic skills and significant learning.
• You will meet some of the best minds from diverse backgrounds in this course. 
• There are over 15000 applications for 120 seats. Thus, you can assume the quality of peer and peer learning.
• The campus has two well-equipped gyms, an Olympic-size pool, a Finance resource centre, an Entrepreneurial incubation cell, and an Onus cashless card payment system. 
• Also, there are regular shuttle bus services for going into the city.
• The daily schedule of the students is usually packed with classes in the morning and maybe a few more in the afternoon. 
• After that, there is a complete makeover, students run to juice centers, along with the Chai shops, special Indori Poha at Poha point, HUL's Adda, and many other eating points. 

In the evening, things are a bit relaxed as people pursue their interests, sports or hang out with their friends. Things might be hectic on some days, but it will not be boring at IIM Indore.

Ans. My friend has graduated from IIM Indore and would describe the fests as massive events of celebration. The institute organizes a lot of literary and cultural events but the two main events in the year are as follows:

Atharv:

• This is the cultural, literary, and management festival of IPM, organized each year. 
• A number of events in this one include managerial to marketing and b-plan events to literary and cultural events. 
• More than 1 lakh students participate in Atharv conducted for 3 days. These events can help you get some cash prizes as well.
• The evenings feature musical and artistic performances by professionals in the field.

Another important fest is titled Ranbhoomi. It is the Annual National Level Sports Festival. This one is held for three days as well and the events range from Cricket, Basketball, Volleyball, Football, and even Chess and Arm-Wrestling.

Ans. IIM Indore alumni are spread across the globe with over 10,000 alumni members across every domain.

Ans. IIM Indore actively engages with the local community and contribute to societal development initiatives through various methods like Rural Immersion Program, Indore Marathon, School Adoption, Computer Literacy Programs etc.

Ans. IIM Indore students come from various backgrounds with diverse experiences. The student body represent various educational and professional backgrounds. The batch profile for 2024 had an average Work Experience of 21 months, with 55% of Candidates having work experience. Additionally, 28% MBA Candidates were from premier Institutes like IITs/NITs/BITS etc. 

Ans. IIM Indore offers support entrepreneurship among its students through its Entrepreneurship Cell (E-Cell). The E-Cell organizes regular Guest Lectures, Events, Interaction between Students, Entrepreneurs, Venture Capitalists and Dignitaries from the Corporate World. E-Cell also offers Incubation and Innovation office space to budding Entrepreneurs of IIM Indore.