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IIM Indore: Admissions 2024, Placements, and Course Fee
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Apply NowIIM Indore Latest Update: The registration process for IIM Indore for CAT 2024 is currently ongoing, interested candidates can apply by September 13, 2024. The exam is scheduled to be held on November 24, 2024. 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 institution.
IIM Indore: The 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 2024. Similarly, in the IIRF Rankings of 2024, IIM Indore has secured a notable #9th 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 2024
Below are some of the highlights of the IIM Indore:
IIM Indore |
|
Year of Establishment |
1996 |
Type of College |
Autonomous |
Campus Size |
193 Acres |
NIRF Ranking (2024) |
#8th in Management |
Accreditations |
AACSB, AMBA, EQUIS |
Location |
Indore, Madhya Pradesh |
Average Placement Package |
INR 25.68 LPA |
Top Recruiters |
Country Delight, Adani, BCG, Aspect Ratio, Axis Bank |
Courses |
PGP/MBA, EPGP, IPM, PGP-HRM, and FPM |
Facilities |
Library, Sports, Hostels, Mess |
Entrance Exams |
CAT, GMAT, IPMAT, GRE/JRF/ GATE |
IIM Indore Ranking 2024
- IIM Indore has secured the #8th position in the National Institutional Ranking Framework (NIRF) rankings for the year 2024.
- The institution has managed to secure a notable position of #9th in IIRF ranking 2024.
- 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 2024
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 Admission 2024: Important Dates
Students willing to apply for management programmes at IIM Indore should qualify the CAT examination to secure admission at the institution. Interested candidates can check the CAT 2024 schedule given below:
Particulars |
CAT 2024 |
Release of Notification |
July 30, 2024 |
Application Process Begin |
August 01, 2024 |
Last Date of Submission |
September 13, 2024 |
Admit Card Release |
November 05, 2024 |
Exam Date |
November 24, 2024 |
Result |
Second week of January 2025 |
Below are the important dates of the EPGP course at IIM Indore:
Events |
Dates |
Application Window opening date |
September to October 2024 (Tentative) |
Announcement date of PI shortlisted Candidates |
November 2024 (Tentative) |
Personal Interview Dates |
December 2024 (Tentative) |
IIM Indore Placements 2024
IIM Indore placement 2024 showcased significant advancements across its various programs. Notable growth was observed in the highest CTC at IIM Indore, which marked an impressive increase. Top recruiters at IIM Indore included Big Basket, Country Delight, Adani, BCG, Aspect Ratio, Axis Bank, FIITJEE, and more.
IIM Indore MBA Placements 2024
The highest CTC at IIM Indore exhibited a substantial increase, showcasing significant growth. Similarly, the average CTC at IIM Indore observed a notable rise. Furthermore, the median CTC at IIM Indore also experienced a commendable increase, reaffirming the positive trend in remuneration for the placement period. Below are the Placement highlights of the MBA course at IIM Indore:
Placement Particulars |
CTC in INR |
Highest CTC |
INR 1 Cr PA |
Average CTC |
INR 25.68 LPA |
Median CTC |
INR 24.5 LPA |
Top Recruiters |
Big Basket, Country Delight, Adani, BCG, and Aspect Ratio |
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:
Courses |
Course Details |
Eligibility Criteria |
Selection Criteria |
PGP/MBA |
Course Fee Indian Nationals: INR 20.10 Lakhs Course Fee NRI Students: INR 30.12 Lakhs Course Duration: 2 Years |
Applicants are obligated to hold a Bachelor's Degree, coupled with a minimum cumulative score of 50% or an equivalent Cumulative Grade Point Average (CGPA). |
CAT Personal Interview |
EPGP |
Course Fee Indian Nationals: INR 22.12 Lakhs Course Fee NRI Students: INR 33.18 Lakhs Course Duration: 1 Year |
Students are required to possess a four-year bachelor's degree with a minimum cumulative score of 50% in any academic discipline. |
GMAT Personal Interview |
IPM |
Course Fee Indian Nationals: INR 5 Lakhs Course Fee NRI Students: INR 7.50 Lakhs Course Duration: 5 Years |
The IPM program at IIM Indore is tailored for individuals who have successfully completed their 12th grade/Higher Secondary education or its equivalent, from recognized educational institutions across India. |
IPMAT Written Ability Test (WAT) Personal Interview |
PGP-HRM |
Course Fee Indian Nationals: INR 18.42 Lakhs Course Duration: 2 Years |
Prospective applicants are required to possess a Bachelor's Degree, meeting a mandatory minimum cumulative score of 50% or an equivalent Cumulative Grade Point Average (CGPA). However, individuals falling under the SC/ST and PwD categories are eligible with a minimum of 45% marks. Moreover, the degree awarded must be granted by a University or educational institution accredited by the Ministry of Human Resource Development (HRD), Government of India. |
CAT Personal Interview |
FPM |
Course Fee Indian Nationals: INR 75,000 Lakhs Course Duration: 4 Years Specializations: Communication, Economics, Finance & Accounting, Humanities and Social Sciences, Information Systems, Marketing Management, Operations Management and Quantitative Techniques, Organizational Behaviour and Human Resource Management, Strategic Management |
Prospective candidates are obligated to possess a Master’s degree in any discipline, accompanied by a minimum cumulative score of 60% marks or an equivalent grade point average. |
CAT/GRE/JRF/GMAT /GATE |
IIM Indore Admission Process 2024
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 2024
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:
1 Steam Bath Area |
1 Meditation, Aerobics, and Yoga Room |
1 Cricket Stadium |
1 Event Court |
1 Banquet Hall |
1 Cardio Zone Area |
1 Cafeteria |
1 Football Ground |
2 Gymnasiums |
1 Squash Court |
2 Swimming Pools |
1 Billiards |
2 Volleyball Courts |
1 Table Tennis Court |
3 Basketball Courts |
1 Lawn Tennis Court |
6 Badminton Courts |
1 Sauna Bath Area |
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 2024
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 2024
- 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.
Frequently Asked Questions (FAQs)
Is IIM Indore costly?
For the academic years 2023-2025, the tuition fees for the IIM Indore MBA program were INR 21.17 Lakhs for domestic students and INR 30.11 Lakhs for international students.
Is it difficult to crack IIM Indore?
The competition for the Integrated Program in Management (IPM) at IIM Indore is notably rigorous, with the annual participation of over 15,000 students in the IPM entrance examination. The complexity of the examination varies, ranging from moderate to relatively straightforward levels.
What is the CAT rank for IIM Indore?
Regarding the admission process for the IIM Indore MBA program in the PGP batch, General category candidates are expected to meet qualifying sectional CAT cutoffs of 80, along with an overall percentile rank of 90. However, for the IIM Indore admission 2024, the projected final cutoff is anticipated to range between 97-98.
What is the fees of IIM Indore?
The comprehensive anticipated program fee for the PGP course at IIM Indore amounts to INR 10,95,000 for Indian candidates and INR 15,95,000 for Non-Resident Indian (NRI) candidates.
Who is eligible for the IIM Indore 5-year integrated course?
The IPM program at IIM Indore requires candidates to successfully complete their 12th grade/Higher Secondary education, from a recognized educational institute.
What is the IIM Indore hostel fee?
The aggregate charges for accommodations at IIM Indore's hostel's amount to INR 45,500, encompassing a refundable security deposit of INR 5,000.
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