A two-year, full-time, residential MBA program, the Post Graduate Programme (PGP) in Management provided by IIM Indore is accredited by the Association of MBAs, London (AMBA, a UK-based accreditation organisation). It spans six trimesters over the course of two years and includes an eight-week summer project. The course also includes electives in the second year in the areas of information systems, marketing, finance and accounting, OB and HR, OM and QT, economics, communication, humanities and social sciences, and strategy. In addition to its flagship PGP program, IIM Indore also offers its students a PGP in Human Resource Management (PGP HRM).
IIM Indore Highlights
| Aspect | Details |
|---|---|
| Year of Establishment | 1996 |
| Campus Size | 193 acres |
| Students Intake | 471 |
| MBA Fees | INR 21,14,222 |
| NIRF Ranking 2023 | 8 |
| No. of Courses | 8 |
| Total Faculty | 104 (Full-time faculty) |
| Scholarships | Need-based Financial Assistance Available |
| Highest CTC (2023) | INR 1.14 CPA |
| Top Recruiters | DE Shaw & Co, Bank of America, Goldman Sachs, Accenture Strategy, Bain & Co, Deloitte, BCG, Bajaj, Asian Paints, Aditya Birla Group, etc. |
IIM Indore Important Dates 2024
| Program | PGP/ PGP-HRM |
|---|---|
| CAT Registration Starts | August 02, 2023 |
| CAT Registration Closes | September 13, 2023 |
| Admit Card release date | October 25, 2023 |
| Exam Date | November 26, 2023 |
| Shortlist for PI | January 2024 (Tentative) |
| PI Form | 16 January 2024 (Tentative) |
| Personal Interview | March 2024 (Tentative) |
| Release of Final Merit List | 10 May, 2024 (Tentative) |
IIM Indore Courses
MBA tuition at IIM Indore is INR 21.14 Lakhs. Also available at IIM Indore are IPM, Executive, and Doctoral Programs. Here are some of the courses that IIM Indore offers that stand out:
| Courses | Fees | Program Details |
|---|---|---|
| PGP | INR 21,14,222 for 2 Years | – Intake: 471 |
| – Eligibility: Bachelor’s degree with 50% marks | ||
| – Selection Criteria: CAT + Personal Interview | ||
| PGP-HRM | INR 18,39,222 for 2 Years | – Eligibility: Bachelor’s degree with 50% marks |
| – Selection Criteria: CAT + Personal Interview | ||
| IPM | INR 5,00,000 per year | – Intake: 150 |
| – Eligibility: 10+2 | ||
| – Selection Criteria: IPM MAT + Personal Interview |
IIM Indore Admission
Admission to IIM Indore for the class of 2024 will begin shortly after the CAT exams are completed and the results are made public.
| Admission Stage | Description |
|---|---|
| Register for CAT | The interested candidates will have to register themselves for CAT and also apply to PGP of IIM Indore in the same form. |
| CAT Exam | The applicants will have to appear for CAT conducted at various centers across India. |
| Shortlisting for Personal Interview | The candidates from each category will be shortlisted for the PI, on the basis of CAT scores. |
| Personal Interview | The PI round will be held offline in Bangalore, Chennai, Delhi, Hyderabad, Indore, Kolkata, and Mumbai. |
| Final Merit List | The merit list of the selected students will be prepared based on the final composite score, calculated by the 10th, 12th, CAT, and PI scores. |
IIM Indore Cut-off 2023
The CAT cut-off for the general category at IIM Indore is 90 percentile (overall) and 80 percentile (sectional). The IIM Indore sectional cutoff is shown in the following table:
| Category | Overall | QA | DILR | VARC |
|---|---|---|---|---|
| General | 90 | 80 | 80 | 80 |
| EWS | 90 | 80 | 80 | 80 |
| NC-OBC | 80 | 70 | 70 | 70 |
| SC | 60 | 55 | 55 | 55 |
| ST | 45 | 40 | 40 | 40 |
| PwD | 45 | 40 | 40 | 40 |
IIM Indore Placements 2023
More than 160 recruiters participated in the 2023 placement drive and provided 568 students with employment offers. The reported average bundle cost INR 30.21 LPA. The majority of the students received job offers in the consulting and finance industries.
| Particulars | Placement Statistics |
|---|---|
| Total Students | 568 |
| Total Recruiters | 160 |
| Highest CTC | INR 1.14 CPA |
| Average CTC | INR 30.21 LPA |
| Median CTC | INR 27.20 LPA |
| Major Domains | Finance, Consulting, and Sales & Marketing |
| Top Recruiters | DE Shaw & Co, Bank of America, Goldman Sachs, Accenture Strategy, Bain & Co, Deloitte, BCG, Bajaj, Asian Paints, Aditya Birla Group, etc. |
IIM Indore placement statistics
The following table lists the placement data from IIM Indore for the past three years:
| Year | Highest CTC | Average CTC |
|---|---|---|
| 2022 | INR 49 LPA | INR 25.01 LPA |
| 2021 | INR 56.8 LPA | INR 23.60 LPA |
| 2020 | INR 50 LPA | INR 22.92 LPA |
IIM Indore Ranking
According to NIRF 2023, IIM Indore is one of India’s top management schools, coming in at number eight. Since 2021, IM Indore’s NIRF ranking has fallen. The table below lists the IIM Indore rankings:
| Ranking Body | Year | Category | Rank |
|---|---|---|---|
| NIRF | 2023 | Management | 8 |
| IIRF | 2023 | Top Govt. B-Schools | 12 |
| Outlook ICARE | 2023 | Top Govt. MBA Colleges | 5 |
| FT Ranking | 2023 | Global MBA | 89 for EPGP |
| Business Today | 2023 | B-School Ranking | 6 |
| Business Today | 2023 | Executive MBA Ranking (GMPE) | 6 |
| Business Today | 2023 | 1-Year MBA Ranking (EPGP) | 6 |
IIM Indore Vs IIM Lucknow Vs IIM Kozhikode
| Particulars | IIM Indore | IIM Lucknow | IIM Kozhikode |
|---|---|---|---|
| Established | 1996 | 1984 | 1996 |
| NIRF Ranking 2023 | 8 | 6 | 3 |
| Batch Size | 471 | 491 | 546 |
| Campus Area | 193 acres | 185 acres | 112.5 acres |
| MBA Fees | INR 21,14,222 | INR 20,75,000 | INR 20,50,000 |
| CAT Cut-off | 90 percentile | 90 percentile | 85 percentile |
| MBA Selection Process | CAT + Personal Interview | CAT + WAT + Personal Interview | CAT + WAT + Personal Interview |
| Curriculum | 30 core courses and 11 electives in 2 years | 22 core courses and a summer internship in the first year, and 15 electives in the second year | 61 credit foundation courses and a summer internship in the first year and 9 electives in the second year |
| Specialization | Finance and Consulting | General Management, and IT & Analytics | Consulting and Finance |
| Highest CTC | INR 49 LPA | INR 58 LPA | INR 61.5 LPA |
| Average CTC | INR 24.09 LPA | INR 31.01 LPA | INR 29.5 LPA |
| Dual Degree | IPM | No dual degree offered | No dual degree offered |
| Scholarships | Need-based financial assistance provided to students, whose family income is below INR 9 lakh annually | The need-based financial scholarship is available | – |
IIM Indore student life
Although stressful, demanding, and exhausting, campus life at IIM Indore is never monotonous. The kids have a busy schedule of lessons, homework, committee, and club meetings. Because IIM Indore is a fully residential campus, courses can be held at any time of day, whether it be late at night or early in the morning.
At IIM Indore, sessions typically start at 8.45 am. In order for the lessons to be more participatory, the students are expected to arrive on time and prepared for all lectures. There is a 15-minute tea break included into each 75-minute class. The students have free time in the evenings to engage in enjoyable pursuits including sports, campus exploration, and museum visits.
The Student’s Activities Council (SAC), which is administered by the students, oversees the majority of the campus amenities at IIM Indore. In addition to managing all the cultural events, students also operate a fast food restaurant and a store for everyday necessities, giving them practical business management experience.
FAQ's
The 5-year IPM program at IIM Indore grants both a BBA and an MBA. The IPM cost for the first three years is INR 5,00,000 per year. The PGP fees, which are INR 21,14,222 for two years, have been due by students for the last two years.
Yes, IIM Indore provides need-based financial aid to MBA students whose families earn less than INR 9,00,000 annually.
The EFPM program is a 3-year program with a 6-year extension period, whereas the FPM program at IIM Indore lasts for 4 years and 9 months.
For its 2021–23 MBA Batch, IIM Indore’s composite score cutoff was 46% for the final admission offer to general applicants. The institute’s final composite score may remain the same or slightly alter for its admission shortlist.
Yes, IPM students can graduate from the program after three years with a bachelor’s degree, but if they want to return to school, they must reapply for the MBA program via CAT.
