IIM Indore is one of the prestigious management institutes established in 1996. IIM Indore has been ranked 8th by NIRF 2023. IIM Indore EPGP program has been awarded 89th rank among the Top 100 Global MBA courses by FT Ranking 2023. IIM Indore offers PGP, Executive PGP, PhD in the field of management. IIM Indore MBA fees is INR 21.1 Lakhs.

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IIM Indore admission is based on competitive exams like CAT/ GMAT/ IPM MAT followed by a personal interview. IIM Indore CAT cut-off is 90 percentile (Overall). IIM Indore has shown a commendable performance in the 2023 placement drive with an average CTC of INR 25.01 LPA and the highest CTC of INR 49 LPA.

IIM Indore Highlights

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  INR 1.14 CPA (2023)
Top Recruiter  DE Shaw & Co, Bank of America, Goldman Sachs, Accenture Strategy, Bain & Co, Deloitte, BCG, Bajaj, Asian Paints, Aditya Birla Group, etc.

IIM Indore

 

IIM Indore Important Dates 2024

PGP/ PGP-HRM
CAT Registration Starts August 02, 2023
CAT Registration Closes September 20, 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)
Read More
IPM (Tentative Dates)
IPMAT Form Available March 8, 2024
Last Date to Apply April 17, 2024
Edit Window April 24 – 25, 2024
IPM MAT 2024 Admit Card Download Start Date June 02, 2024
IPMAT 2024 Exam date June 16, 2024
Objection Window June 20 - 21, 2024
IPMAT 2024 Result Date July 5, 2024
Personal Interviews for Shortlisted Candidates July 17 - 20, 2024
Provisional Admission offers August 2024 last week
IPM 2024 - 29 Program registration August 2024 last week
Read More

 

IIM Indore Courses

IIM Indore MBA fees is INR 21.14 Lakhs. IIM Indore also offers IPM, Executive & Doctoral Program. Here are some highlights of the Courses offered by IIM Indore:

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

Check: IIM Indore Courses & Fees

IIM Indore Admission 

IIM Indore admission 2024 will start soon after the CAT exams will be held and the results will be released. 

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.

The following data represents the admission stats for the batch 2022-24 at IIM Indore:

Category No. of Students who choose IIM Indore as their CAT preference No. of Candidates shortlisted for Interview Round No. of students with Final Offer
Male  Female Male Female
General 70945 41335 901 815 897
EWS 4686 1641 149 47 98
NC - OBC 21950 9011 907 336 581
SC 9195 3884 597 219 347
ST 2349 1042 363 118 181
PWD 624 141 123 21 90
 

IIM Indore Admission Stories

IIM Indore accepts valid CAT scores for Admission to the Flagship PGP program. Given below are some Admission Stories from IIM Indore students for you to prepare for PGP Admission:

Admission Stories CAT Scores
IIM Indore Admission Story Sudarshan 97
IIM Indore Admission Story Versha 92
IIM Indore Admission Story Amarpreet Singh 98.97
IIM Indore Admission Story Tanvi 98.7
IIM Indore Admission Story Divya Mangla 96
IIM Indore Admission Story Nishtha 96
IIM Indore Admission Story Shyla Nehru 98
IIM Indore Admission Story Ayush 98.7

Check: IIM Indore detailed Admission Process

IIM Indore Cut-off 2023

IIM Indore's CAT cut-off is 90 percentile (Overall) and 80 percentile (sectional) for the general category. The following table represents the sectional wise cutoff at IIM Indore:

Category Overall QA DILR VARC
General 90 80 80 80
EWS 90 80 80 80
NC-OBS 80 70 70 70
SC 60 55 55 55
ST 45 40 40 40
PwD 45 40 40 40

The following table represents the Category wise minimum cutoff at which final offers were made to the 2022-24 batch:

Category Minimum CAT Percentile
General 90.75
EWS 91.73
NC - OBC 80.21
SC 65.38
ST 51.9
PWD NA

Check: IIM Indore detailed Cut-off

IIM Indore Placements 2023

In the 2023 placement drive, more than 160 recruiters participated and offered jobs to 568 students. The average package recorded was INR 30.21 LPA. Most of the students were offered roles in the Finance, and Consulting domains.

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 of the last 3 years are mentioned in the table below:

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

Check: IIM Indore detailed Placement Report

IIM Indore Ranking 

IIM Indore has been ranked 8 by NIRF 2023 among the top management institutes in India. The NIRF ranking of IM Indore has decreased since 2021. The IIM Indore rankings are mentioned in the table below:

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

Check: IIM Indore Ranking

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. -
 

Life at IIM Indore 

Life at IIM Indore campus is hectic, intense, and tiring, but is never dull. The students are fully loaded with classes, assignments, and committee and club activities. Since IIM Indore is a complete residential campus, the classes are held anytime in a day, it could be in the mid-night or early morning. 

The classes at IIM Indore usually begin at 8.45 am. The students are expected to reach the class on time with an advance preparation for all the lectures so that the classes could be more interactive. Each session is 75 minutes long with a 15 min tea break. The students get some free time in the evening, when they spend time in pleasurable activities like sports, walking around the campus, and visiting the city.

Most of the features in the IIM Indore campus are run by the students through the Student’s Activities Council (SAC). Students organize all the cultural activities, then they also run a daily needs shop and a fast food joint, which provide them hands-on experience on running a business. 

Check Detailed Life at IIM Indore

IIM Indore Hostel has separate Blocks for Girls & Boys with Single Accommodation. The Individual Rooms are furnished with Teak Cots and Mattress, a Computer Table, Chairs, Closets and Shelves. All rooms have LAN connections. Rooms, Corridors and Rest Rooms are cleaned on a daily basis. Check IIM Indore Hostel

IIM Indore Hostel

 

IIM Indore FAQs

Ques. What are the fees of IIM Indore for 5 years?

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.

Ques. What are the fees for MBA at IIM Indore?

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 18,39,222.

Ques. What is the stipend for FPM program at IIM Indore?

Ans. The IIM Indore FPM students are provided with a stipend of INR 30,000 per month, and INR 35,000 per month after clearing the area comprehensive examination, for a period of 57 months.

Ques. Does IIM Indore offer scholarship to MBA students?

Ans. Yes, IIM Indore offers need-based financial assistance to the MBA students, who have a family annual income of less than INR 9,00,000.

Ques. What is EPGP in IIM Indore?

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.

Ques. Is IIM Indore EPGP equivalent to MBA?

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.

Ques. What is the duration of FPM and EFPM program at IIM Indore?

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.

Ques. Can I leave the IPM program after 3 years and join again?

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.

Ques, Does IPM students need to do internships during their 5 year course?

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.

Ques. What percentile is required for IIM Indore final shortlist?

Ans. The IIM Indore composite score cutoff for the final admission offer to the general students has been 46% for its 2021-23 MBA Batch. The final composite score of the institute may be the same for its admission shortlist or with a slight change.

Ques. What is the minimum cut-off requirement to qualify for the IIM Indore shortlisting process for the PI round? 

Ans. The minimum requirement to qualify for the shortlisting process for the PI round is a CAT 2022 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.

Ques. Is it tough to get into IIM Indore?

Ans. For getting into IIMs, candidates are required to undergo thorough preparation and practice to ace this section. Questions come from a wide range of topics from the basic level mathematics of 9th grade to the higher 12th-grade mathematics.

Ques. Is there any scholarship available from the institute to IIM Indore IPM Students?

Ans. Yes, there is a Need-based Financial Assistance provided to the students shortlisted for IMP Course at IIM Indore. Candidates with an annual family income below INR 9,00,000 are eligible to apply for financial aid.

Ques. Is the IIM Indore Student Exchange Program really fruitful for students?

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.

Ques. How are the hostel facilities at IIM Indore?

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. 

Ques. What is an international module in IIM Indore EPGP?

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. 

Ques. What is IIM Indore CAT Cut for MBA?

Ans. The minimum CAT cut-off to be eligible for the MBA admission process trends to the same for the last 2 years. The Overall minimum Cut off is 90 and the sectional cut-off is 80. However, the actual cut-off percentile of IIM Indore is between 96-98. Check IIM Indore Selection Criteria

Ques. What is the seat intake of IIM Indore IPM?

Ans. Admission to the IPM course at IIM Indore is offered for 150 seats for Indian national Candidates. After IPMAT, candidates are shortlisted for Written Ability Test (WAT) & Personal Interview (PI). Know More about IIM Indore IPM

Ques. Which kind of clubs are there for IIM Indore students?

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

Ques. Where will IIM Indore conduct PGPM Executive classes?

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.

Ques. Is the International module compulsory or is it optional for IIM Indore MBA students? 

Ans. Yes, under the MBA course rigor, IIM Indore offers International Exchange 

Programmes which is a compulsory module for all the participants.

Ques. Is a calculator permitted in IPMAT entrance conducted by IIM Indore?

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.

Ques. How can I answer "Why IPM" in the IIM Indore interview? Please give a sample answer.

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. 

Ques. Is the PGPMX offered by IIM Indore equivalent to PGPX offered by IIM A or the PGP offered by ISB?

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.

Ques. How's your life at IIM Indore? Is it worth joining the institute for IPM?

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.

Ques. How are the fests for IPM students 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.

Ques. What percentile is required for IIM Indore final shortlist?

Ans. The IIM Indore composite score cutoff for the final admission offer to the general students has been 46% for its 2021-23 MBA Batch. The final composite score of the institute may be the same for its admission shortlist or with a slight change.

Ques. What is the minimum cut off requirement to qualify for the IIM Indore shortlisting process for PI round? 

Ans. The minimum requirement to qualify for the shortlisting process for PI round is CAT 2022 sectional score of 80 percentile and 90 overall percentile. IIM Indore is the only among the 20 IIMs which awards such a high weightage to academics in shortlisting criteria.

Ques. Is it really tough to get into IIM Indore?

Ans. For getting into IIMs, candidates are required to undergo thorough preparation and practice to ace this section. Questions come from a wide range of topics from the basic level mathematics of 9th-grade to the higher 12th-grade mathematics.

Ques. Is there any scholarship available from the institute to IIM Indore IPM Students?

Ans. Yes, there is a Need-based Financial Assistance provided to the students shortlisted for IMP Course at IIM Indore. Candidates with an annual family income below INR 9,00,000 are eligible to apply for financial aid.

Ques. Is the IIM Indore Student Exchange Program really fruitful for students?

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.

Ques. How are the hostel facilities at IIM Indore?

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. 

Ques. What is an international module in IIM Indore EPGP?

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. 

Ques. What is IIM Indore CAT Cut for MBA?

Ans. The minimum CAT cut-off to be eligible for the MBA admission process trends to the same for the last 2 years. The Overall minimum Cut off is 90 and the sectional cut-off is 80. However, the actual cut-off percentile of IIM Indore is between 96-98. Check IIM Indore Selection Criteria

Ques. What is seat intake of IIM Indore IPM?

Ans. Admission to the IPM course at IIM Indore is offered for 150 seats for Indian national Candidates. After IPMAT, candidates are shortlisted for Written Ability Test (WAT) & Personal Interview (PI). Know More about IIM Indore IPM

Ques. Which kind of clubs are there for IIM Indore students?

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

Ques. Where will IIM Indore conduct PGPM Executive classes?

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.

Ques. Is the International module compulsory or is it optional for IIM Indore MBA students? 

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

Ques. Is a calculator permitted in IPMAT entrance conducted by IIM Indore?

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