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IIM Indore: Admission, Courses, Ranking, Fees, Cutoff, Scholarships and Placements 2024
- Indore, Madhya Pradesh
- Estd 1996
- UGC Approved
- Autonomous University
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IIM Indore Concise Overview
IIM Indore, a leading public business school in Indore, Madhya Pradesh, India, offers a variety of management programs, including integrated and doctoral degrees. Established in 1996, it boasts triple accreditation from EQUIS, AACSB, and AMBA. The institute consistently ranks among the top 8 management schools in India according to the NIRF 2023 rankings. Additionally, the Executive PGP program at Indian Institute Of Management Indore is ranked 89th among the Top 100 Global MBA courses by FT Ranking 2023.
The programs offered at IIM Indore include PGPM, PGPWE, EFPM, FPM, EPGP, IPM, and PhD. Admission to these programs requires competitive exams such as CAT, GMAT, GRE, GATE, and IPMAT, followed by a Personal Interview (PI). For general candidates, the CAT cutoff is around the 90th percentile, while the IPMAT cutoff ranges from 270-275.IIM Indore provides substantial financial assistance and scholarships, including Need-Based Financial Assistance, Central Sector Scholarship for SC/ST Students, Minority Welfare Scholarship (Merit-cum-Means), Aditya Birla Scholarships, and OPJEMS Scholarships. The campus is well-equipped with facilities like hostels, mess, bank, sports amenities, and academic infrastructure.
In terms of placements, Indian Institute Of Management Indore has an impressive track record. The highest CTC in 2023 was INR 1.14 CPA, with an average CTC of INR 30.21 LPA. The 2024 placement drive saw an average package of INR 25.68 LPA and a highest package of INR 1 Crore. Top recruiters such as Amazon, BCG, and Cipla frequently visit the campus.For the 2024-26 batch, 169,765 general category candidates selected Indian Institute Of Management Indore’s PGP and PGP-HRM programs through CAT, with 5,109 PGP and 2,841 PGP-HRM candidates shortlisted for the PI-WAT round. The fee for the MBA program is INR 21.17 Lakhs.
The programs offered at IIM Indore include PGPM, PGPWE, EFPM, FPM, EPGP, IPM, and PhD. Admission to these programs requires competitive exams such as CAT, GMAT, GRE, GATE, and IPMAT, followed by a Personal Interview (PI). For general candidates, the CAT cutoff is around the 90th percentile, while the IPMAT cutoff ranges from 270-275.IIM Indore provides substantial financial assistance and scholarships, including Need-Based Financial Assistance, Central Sector Scholarship for SC/ST Students, Minority Welfare Scholarship (Merit-cum-Means), Aditya Birla Scholarships, and OPJEMS Scholarships. The campus is well-equipped with facilities like hostels, mess, bank, sports amenities, and academic infrastructure.
In terms of placements, Indian Institute Of Management Indore has an impressive track record. The highest CTC in 2023 was INR 1.14 CPA, with an average CTC of INR 30.21 LPA. The 2024 placement drive saw an average package of INR 25.68 LPA and a highest package of INR 1 Crore. Top recruiters such as Amazon, BCG, and Cipla frequently visit the campus.For the 2024-26 batch, 169,765 general category candidates selected Indian Institute Of Management Indore’s PGP and PGP-HRM programs through CAT, with 5,109 PGP and 2,841 PGP-HRM candidates shortlisted for the PI-WAT round. The fee for the MBA program is INR 21.17 Lakhs.
IIM Indore Campus Tour
Table of Contents
IIM Indore Key Highlights
| Particulars | Figures |
|---|---|
Full Form | Indian Institute of Management Indore |
Director | Himanshu Rai |
Established | 1996 |
Campus size | 193 acre |
Institute Type | Autonomous University |
Accreditation | UGC Approved |
NIRF Ranking 2023 | 8th |
Famous Course | MBA |
MBA Fees | ₹ 21.17 Lakhs |
Highest Salary Package | INR 1.14 Crore |
Average salary Package | INR 30.21 LPA |
Top Recruiters | Accenture Strategy, Acuvon Consulting, Aspect Ratio, Avalon Consulting |
Official Website |
IIM Indore Ranking 2024
IIM Indore has secured the 8th position in the NIRF 2023 rankings among India’s top management institutes. This ranking reflects a decline from its standing in 2021. Detailed rankings for the institute over recent years are provided in the table below. This ranking shift highlights the dynamic nature of academic assessments and the ongoing competition among premier institutions in India.
| Ranked By | Category | Ranked At 2023 |
|---|---|---|
NIRF | Management | 8 |
QS World University Global MBA (2024) | Management | 151 |
IIRF Rankings 2024 | Govt B-School | 9 |
Outlook ICARE | Top Govt. MBA Colleges | 5 |
FT Ranking | Global MBA | 89 for EPGP |
Business Today | B-School Ranking | 6 |
Executive MBA Ranking (GMPE) | ||
1-Year MBA Ranking (EPGP) |
IIM Indore Courses & Fees
Candidates have the opportunity to apply for a variety of management, integrated, and doctorate programs at the Indian Institute of Management Indore. Below, you will find detailed information on all IIM Indore courses and their fees. This includes a comprehensive list of available programs, along with their respective fees and eligibility criteria. Additionally, the accepted entrance examinations for each course are provided to help applicants understand the admission requirements. Whether you are interested in a postgraduate management program, an integrated course, or a doctoral degree, this information will guide you through the application process at the institute.
| Course Name | Eligibility | Selection Criteria | Fees |
|---|---|---|---|
PGPM | Candidates must possess a bachelor's degree with at least 50% marks or an equivalent CGPA, along with a CAT score. | CAT + WAT + Personal Interview | INR 21.17 Lakhs |
PGP-HRM | Bachelor’s degree or professional degree (CA/CS/ICWA/FIAI) with 50%+ marks and CAT required. | Entrance Exam Score + Personal Interview | INR 18.42 Lakhs |
EPGP | 50% in a four-year bachelor’s, or 50% in a three-year bachelor’s plus 50% in a master’s, or 50% in a five-year integrated program, plus 5 years of work experience and a GMAT score. | Entrance Exam score + Personal Interview | INR 22.11 Lakhs |
IPM | Finished 12th grade and passed IPMAT Indore. | Entrance Exam score + Personal Interview (PI) | INR 36.17 Lakhs |
PGPMX | Candidates must possess a bachelor’s degree or its equivalent with a minimum of 50% marks, in addition to at least 5 years of full-time managerial or professional experience after completing their degree. The PGPMX Aptitude Test is also required. | PGPMX Aptitude Test + Personal Interview (PI) | INR 17.6 Lakhs |
IIM Indore Admission 2024
Admission to IIM Indore involves passing entrance examinations and aptitude tests administered by the institute. For 2024, management course admissions are based on the CAT cutoff. After successfully passing the exams, candidates must participate in a personal interview to finalize their admission.
How to Apply?
- First, apply for the CAT exam on the official website.
- Next, they need to use their CAT score and go to IIM Indore’s official website.
- Register on the application portal.
- Then, use the unique credentials to access the application form.
- Fill out the application form.
- Mention CAT registration number.
- Submit the application form and download it. Be sure to print out a copy for future use.
| Admission Stages | Steps |
|---|---|
CAT Registration | To apply, candidates must register for CAT and concurrently submit their application for the PGP program at IIM Indore through the unified form. |
Candidates must participate in CAT examinations conducted at various centers across the country. | |
Shortlisting for Personal Interview | Candidates will be shortlisted for the personal interview from each category, considering their CAT scores. |
Personal Interview | The PI round will be held offline in Bangalore, Chennai, Delhi, Hyderabad, Indore, Kolkata, and Mumbai. |
Final Merit List | A merit list will be generated for selected students, evaluating their final composite score, which is computed from their scores in the 10th, 12th, CAT, and PI assessments. |
IIM Indore Cutoff 2024
IIM Indore MBA Cut-off 2024
For admission to the PGP program, all applicants must adhere to the eligibility criteria stipulated by CAT 2023 and attain scores exceeding the minimum CAT cut-off percentile. Please consult the table below for specific cut-off values.
| Category | Overall | QA | DILR | DARC |
|---|---|---|---|---|
General | 90 | 80 | 80 | 80 |
EWS | 90 | 80 | 80 | 80 |
NC-OBC | 80 | 70 | 70 | 70 |
SC | 60 | 55 | 55 | 55 |
ST/PwD | 45 | 40 | 40 | 40 |
IIM Indore MBA Cut-off: Final Selection:
The final selection merit list is compiled after candidates shortlisted in Stage 2 complete their Personal Interviews. This merit list is categorized by applicant groups and is based on the Final Composite Score (FCS). The FCS is calculated using a weighted combination of scores from the 10th and 12th grades, CAT exam, and Personal Interview. This comprehensive approach ensures a fair and thorough evaluation of each candidate’s qualifications and potential.
| Components | Weightage |
|---|---|
10th score | 12.5% |
CAT score | 37.5% |
PI Score | 50% |
Composite Score | 100% |
IIM Indore Placements 2024
During the 2024 placement drive at IIM Indore, over 150 recruiters participated, providing job opportunities to 564 students. The average salary package reached an impressive INR 25.68 LPA. The majority of students received offers in the Finance and Consulting sectors. This successful placement season highlights IIM Indore’s strong industry connections and the high demand for its graduates, particularly in these competitive fields.
| Particulars | Placement Statistics 2024 |
|---|---|
Students in a Batch | 594 |
Total Recruiters | 150 |
New Recruiters | 50 |
Major Sector | Consulting & IT/ Analytics |
Highest Salary Package | INR 1 Crore |
Average Salary Package | INR 25.68 LPA |
Top Recruiter | HDFC Bank, Pwc India, ICICI Bank, Navi, Ola Electric |
Here are the placement stats for the last 4 years in the table below:
| Year | Highest CTC | Average CTC |
|---|---|---|
2024 | INR 1 Crore | INR 25.68 LPA |
2023 | INR 1.14 Crore | INR 30.21 LPA |
2022 | INR 49 LPA | INR 25.01 LPA |
2021 | INR 56.8 LPA | INR 23.60 LPA |
IIM Indore Scholarships
IIM Indore offers a range of financial assistance options to support students in need, enabling them to continue their studies in their chosen fields. The college provides scholarships funded by the Central Government of India as well as various industries. These financial aids are designed to ensure that financial constraints do not hinder deserving students from achieving their academic goals. Below are some of the scholarships available at IIM-I, reflecting the institution’s commitment to promoting educational access and excellence for all students.
| Scholarships Name | Eligibility Criteria | Scholarship Award |
|---|---|---|
Need-Based Financial Assistance (NBFA) | Families earning under INR 4,50,000 last year qualify for NBFA Scholarships. |
|
Central Sector Scholarship for SC/ST Students | SC/ST students with a family income under INR 4,50,000 last year are eligible for the Central Sector Scholarship. | Reimbursement of
|
Minority Welfare Scholarship (Merit-cum-Means) | Financial aid is for students with a family income below INR 2,50,000 per year. | The Minority Welfare Scholarship is a merit-based aid from the Ministry of Minority Affairs, Government of India. |
Aditya Birla Scholarships | Aditya Birla Group provides financial support to top students from the 1st year. If you’re in the top 25 with your CGPA, you can continue the scholarship in the second year. | Selected students get INR 1,75,000 as reimbursement. |
OPJEMS Scholarships | Top 20 second-year students by last year's grades can apply for OPJEMS Scholarships. Only 1 or 2 are chosen based on a written test and interview. | Selected students get INR 1,25,000 as reimbursement. |
State Bank of India Scholarships | SBI Scholarships are awarded yearly, focusing solely on merit. | Qualified students receive INR 1,50,000 as reimbursement. |
IIM Indore Facilities
The institute boasts impressive on-campus facilities dedicated to student welfare. Listed below are some of the amenities available at IIM Indore, designed to enhance the overall student experience and support their academic and personal growth.
- Hostel
- Cafeteria
- Auditorium
- Library
- Management Centre
- Laboratories
- Sport Complex
- Gym
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FAQs
How to get admission in IIM Indore?
To get admission into IIM Indore, candidates must qualify through the Common Admission Test (CAT) conducted by IIMs. A high percentile score in CAT is essential for shortlisting. The selection process also includes Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI). Candidates are evaluated based on their academic record, work experience, and overall profile. Meeting the eligibility criteria, such as graduation and category requirements, is mandatory for seeking admission to IIM Indore.
What is the fees of IIM Indore?
The fee for the two-year Post Graduate Program (PGP) at IIM Indore is approximately ₹ 21.17 lakhs. This includes tuition, accommodation, and other academic expenses. Additional costs for personal expenses may apply.
What is the average package of IIM Indore?
In the 2023 placement season, IIM Indore witnessed an impressive Highest Package of INR 1.14 CPA for its Post Graduate Program (PGP) batch. The Average Package offered was INR 30.21 lakhs per annum, while the Median Package stood at INR 27.2 lakhs per annum. The institute has consistently maintained a strong placement record, with top recruiters from various sectors participating in the process. However, individual packages may vary based on factors such as job profile, industry, and candidate’s performance.
Where is IIM Indore?
IIM Indore is located in Indore, Madhya Pradesh, India. The campus is situated on Rau-Pithampur Road, approximately 15 kilometers from the Indore city center, offering a serene and conducive environment for academic pursuits.
Is it Compulsory to stay in IIM Indore Hostel?
Yes, staying in the hostel is mandatory for all students at IIM Indore. This requirement ensures a cohesive community, facilitates better academic collaboration, and provides a structured environment conducive to learning and personal growth. Living on campus helps students fully engage with the institute’s vibrant academic and social life.
What is the ranking of IIM Indore?
IIM Indore has achieved a prestigious 8th place ranking in the Management Category by NIRF 2023. Additionally, it has been recognized globally, securing the 151st position in the QS World University Rankings 2024. These accolades highlight IIM Indore’s excellence in management education and its growing international reputation.
