IIM Indore: Admissions 2023, Placements, and Course Fee

IIM Indore Latest Update: CAT Results 2023 have been announced on Thursday, 21 December, 2023. The admission process for IIM Indore will begin soon. The admission process will be carried out in three stages including eligibility criteria, personal interview (PI) and final selection.

The minimum overall CAT percentile required for admission to IIM Indore is 90 percentile (with a minimum of 80 percentile in QA, 80 percentile in DLIR and 80 percentile in VARC). Only those candidates meeting the minimum eligibility will be called for the personal interview (PI). Following the PI round, the final merit list will be released by the institute.

IIM Indore: Indian Institute of Management Indore (IIM Indore) is endorsed and fostered by the Ministry of Education, Government of India. Founded in 1996, the institute holds the stature of national importance as per the Indian Institutes of Management Act 2017. Situated in Indore, Madhya Pradesh, IIM Indore stands as an autonomous public business school, encompassing a 193-acre campus. IIM Indore holds the distinguished #8th position in the National Institutional Ranking Framework (NIRF) rankings for the year 2023. Similarly, in the FT Global MBA Rankings of 2023, IIM Indore has secured a notable #89th rank. The institution boasts Triple Accreditation, securing recognition from three global bodies: the Association of MBAs (AMBA, UK); The Association to Advanced Collegiate Schools of Business (AACSB, USA); and EQUIS, European Union.

IIM Indore offers a diverse range of programs, including PGP, IPM, EPGP, and FPM. Aspiring candidates looking to secure admission at IIM Indore need to meet specific eligibility criteria:

• For the PGP/MBA program at IIM Indore, applicants must hold a Bachelor's Degree with a minimum aggregate of 50% or an equivalent CGPA.
• The IIM Indore EPGP program necessitates candidates to possess a four-year bachelor's degree with a minimum aggregate of 50% marks in both three-year Bachelor’s and Master’s degrees.
• The IPM program at IIM Indore is designed for those who have successfully graduated from the 12th grade/Higher Secondary or its equivalent from Indian educational institutions.
• Prospective students for the IIM Indore PGP-HRM program are expected to hold a Bachelor's Degree with a minimum aggregate of 50%, or 45% for SC/ST and PwD categories.
• For the FPM program at IIM Indore, applicants require a Master’s degree or a two-year Postgraduate Diploma with a minimum aggregate of 60% marks.

The selection process at IIM Indore entails assessments through CAT, GMAT, IPMAT, WAT, GRE/ GATE/JRF, and Personal Interviews. Notably, IIM Indore boasts state-of-the-art teaching aids, abundant learning resources, robust IT infrastructure, modern sports facilities, hostels, and contemporary campus infrastructure.

IIM Indore Highlights 2023

Below are some of the highlights of the IIM Indore:

IIM Indore Ranking 2023

• IIM Indore has secured the #8th position in the National Institutional Ranking Framework (NIRF) rankings for the year 2023. 
• Furthermore, as per the FT Global MBA Rankings 2023, IIM Indore has achieved the #89th rank. 
• IIM Indore notably attained the #6th position among esteemed B-Schools in the renowned Business Today rankings for the year 2023. 
• Additionally, it maintains the #6th rank for both its Executive MBA and 1-year MBA programs.

IIM Indore Admission Dates 2023

Admissions at IIM Indore are based upon successful performance in Personal Interviews and the IPMAT examinations. Prospective students aspiring to secure admission at IIM Indore must look at the important dates given below:

IIM Indore EPGP Important Dates 2023

Below are the important dates of the EPGP course at IIM Indore:

IIM Indore IPM Important Dates 2023

Following are the important dates of the IPM course at IIM Indore:

IIM Indore Placements 2023

IIM Indore's placement 2023 showcased significant advancements across its various programs. Notable growth was observed in the highest CTC at IIM Indore, which marked an impressive 132% increase, while the average and median CTCs demonstrated noteworthy rises of 20.8% and 12.9% respectively. Top recruiters at IIM Indore included Big Basket, Country Delight, Adani, BCG, Aspect Ratio, Axis Bank, FIITJEE, and more. 

IIM Indore MBA Placements 2023

The highest CTC at IIM Indore exhibited a substantial increase of 132%, showcasing significant growth. Similarly, the average CTC at IIM Indore observed a notable rise of 20.8%. Furthermore, the median CTC at IIM Indore also experienced a commendable increase of 12.9%, reaffirming the positive trend in remuneration for the placement period. Below are the Placement highlights of MBA course at IIM Indore:

IIM Indore EPGP Placements 2023

IIM Indore EPGP average pay witnessed a 5% increase, while the median pay saw a notable 27% increase. Post-EPGP, there was a substantial increment of 78% in average pay, demonstrating the impact of the program on remuneration. Moreover, the median pay Post-EPGP exhibited a remarkable increment of 108%. Below are the placement statistics of the EPGP at IIM Indore:

IIM Indore PGP-HRM Placements 2023

The PGP-HRM program at IIM Indore witnessed engagement from approximately 20 discerning recruiters, presenting esteemed positions to a cohort of 38 students. Below are the Placement Highlights of IIM Indore PGP-HRM course:

IIM Indore Courses & Fees

IIM Indore offers various courses such as PGP/MBA, EPGP, IPM, PGP-HRM, and FPM. Students wanting to take admissions at IIM Indore must check the course details given below:

IIM Indore Admission Process 2023

Step 1: Assess Eligibility: Begin by reviewing the eligibility criteria specific to the program of your interest. 

Step 2: Complete Application Form: Proceed to complete the online application form available on the official website of IIM Indore during the designated application window.

Step 3: Participate in Entrance Examination: Participate in the requisite entrance examination associated with your chosen program. This might involve appearing for the Common Admission Test (CAT) for PGP or IPMAT for IPM.

Step 4: Undergo Written Ability Test and Personal Interview: Shortlisted candidates will receive an invitation to undergo a Written Ability Test (WAT) and a subsequent Personal Interview (PI).

Step 5: Receive Final Admission Offer: The ultimate decision regarding admission is communicated to candidates based on their performance in the interview, alongside an evaluation of their academic profile.

IIM Indore Facilities 2023

Academic Infrastructure:

IIM Indore students receive instruction and guidance from distinguished educators, encompassing both visiting and permanent faculty members. The institution also maintains a proficient administrative staff responsible for overseeing its operations. The IIM Indore Academic Facilities include educational resources encompassing:

• Learning Center (Library)
• One Computer Lab
• One Finance Lab
• Twenty-Eight Syndicate Rooms
• Thirty-Five Lecture Theatres
• One Hundred and Three Faculty Cabins

Sports/ Recreation Facilities:

IIM Indore boasts a state-of-the-art Sports Complex, offering top-tier sports amenities for both indoor and outdoor activities. In addition to Auditorium-2, the IIM Indore Sports Complex features the following facilities:

Hostel Infrastructure

IIM Indore Hostel Facilities includes accommodation for all the students and Quarters for staff and faculty. These include:

• 1 FPM Participant’s Hostel
• 1Married Student’s Hostel
• 3 Student Mess Blocks
• 4 Executive Residences
• 4 Canteens
• 18 Student Residences
• 20 Student Common Rooms
• 36 Staff Quarters
• 80 Faculty Quarters

IIM Indore Scholarships 2023

IIM Indore extends financial assistance to all participants of PGP, PGP- HRM (PGPH), and IPM programs. Students whose yearly family earnings fall below INR 9,00,000 are eligible to seek consideration for financial assistance. IIM Indore Need-Based Financial Assistance (NBFA) will constitute a proportion of the highest financial aid amount determined by the institution for an individual within a given year. This assessment will be conducted on a yearly basis. The specific percentage shall be established according to the participant's family income and assets. Below are the selection criteria to apply for scholarships at IIM Indore:

• IIM Indore NBFA will also take into account the disciplinary records of the participants.
• The participant's financial requirements will also be appraised by thoroughly assessing the application provided by them.
• Subsequent to the evaluation procedure, specific participants are chosen for individual discussions with the NBFA Committee.
• During the interview, IIM Indore NBFA Committee assesses the participant's financial requirement and validates the authenticity of the information furnished by the applicant in the application. 
• Subsequent to the result of this process, financial assistance is extended to the applicants.

IIM Indore FPM Scholarships 2023

• FPM scholars enrolled at IIM Indore receive a fellowship grant/stipend amounting to INR 30,000 per month throughout their coursework phase. 
• Following the successful completion of the area comprehensive examination, the stipend is increased to INR 35,000 per month, in accordance with established regulations. 
• The maximum duration for which stipend support is extended spans 57 months.
• An annual contingency grant of INR 25,000 is additionally allocated to the students of the FPM course at IIM Indore for a duration of four years. 
• IIM Indore also provides financial assistance for the presentation of papers at National Conferences, with a maximum limit of INR 30,000/- per annum. 
• From the second year onwards, students at IIM Indore are eligible to attend a certain number of conferences annually, within a capped amount of Rs. 30,000/- per year.