Indian Institute of Management - [IIM], Indore - Scholarship Details

Indore, Madhya Pradesh UGC Estd 1996 Autonomous University 36 Questions Answered Ranked 7 For MBA By NIRF 2020 +7 more

Indian Institute of Management - [IIM], Indore : 36 answered questions

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Ques. Which is better- PGP-FABM from IIM Ahmedabad or PGP from Indore/Kozhikode? Which one should I go for?

● Top Answer By Jaya Garg on 17 Apr 21

Ans. No matter whether you study inboth programs. It entirely depends on your interest in the subject. If you are interested in agriculture or in the food sector then think nothing and go for the FABM program but if you are not interested in this field then you can go with the general PGP program at IIM Indore or Kozhikode.  Categories IIM Ahmedabad IIM (Indore/Kozhikode) Course Fee (approx.) 10-23 lakh 15.01-26 lakh Placement Percentage 90-100% 80-90% Highest CTC 40 LPA 20-35 LPA Average CTC 19 LPA 15-18 LPA Recruiting Companies Accenture, Microsoft, Capgemini, TCS, etc. Aditya Birla, Berger, IBM, JP Morgan, etc. It might be that the average salary of IIM Kozhikode and Indore be slightly more than that of IIM Ahmedabad FABM program but it has been estimated that in the coming years the student of the FABM program will come across some good and great opportunitiesRead more
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Ques. How similar/different are IIM Indore and Spjimr?

● Top Answer By Mousumi Chatterjee on 26 Mar 21

Ans. The main thing about studying for an MBA is that “MBA provides a brand in all”; however, IIM Indore and SBIM Pune are quite similar in this aspect. These days, people no longer look for only the tag of IIM because, in recent days, numerous IIMs are ultimately diluting this institute's brand. If a student only considers the brand, then IIM A, B, and C would score the topmost rank than the maximum B-schools like FMS, XLRI. After that, it is more or less similar in the case of IIM I, L, K, SPJIMR, and JBIMS. If you compare SPJIMR and IIM Indore, then it can be mentioned that both of these institutes and their own strengths and both them have successfully made some industry relations in the past few years. It can be mentioned that SPJIMR is very strong in the marketing stream, which is similar enough to the top-ranked IIMs. Besides, FMCG is another factor and the firms, namely PNG, HUL, Colpal, make recruitment from SPJIMR mostly. Besides, ITC mostly recruits from IIM I. Moreover, IIM Indore has some advantages in investment banking because most banking firms like DB and Goldman recruit students here more than SPJIMR. Thus, it is important to choose institutes and carefully plan for your future. One of IIM Indore's major disadvantages is its giant size of the batch, approximately 450+ students in each of its batch. However, it is comparatively low in SPJIMR that is around 230 students. So, it makes a huge competition at the time of placement, but it is useful enough in developing a good network of alumni. In short, both of these institutes are somewhat similar, but the student has to choose between these two, then the recommendation is always for SPJIMR.Read more
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Ques. Which is the better, college SIBM Pune or IIM Indore?

● Top Answer By Rishabh Dutta on 26 Mar 21

Ans. IIM Indore is much better than SIBM Pune. In the following, some facts regarding this are pointed. Placement The following table highlights an overview of the placement facts of these two institutes: Criteria IIM Indore SBIM Pune Highest CTC 56.8 LPA 34.26 LPA Average CTC 23 LPA 20.27 LPA Lowest CTC 12.5 LPA 7 LPA Fees - Studying MBA in IIM Indore will cost up to 13 Lakhs, and it is almost similar to the case of SBIM Pune that is 14.50 Lakhs. Location - The location of SBIM Pune is an advantage as Pune has more opportunities than Indore. Batch Size - The batch size of SBIM Pune is comparatively small than IIM Indore. The thing to be considered that studying in IIM Indore provides a tag if IIM. Besides, SBIM Pune bids MBA study in Innovation and Entrepreneurship. In the case of IIM Indore, it has 5 years Integrated Program in Management (IPM). IIM Indore also offers several other courses like Post Graduate Programs in Management (PGP), Post Graduate Programme at Mumbai (PGP-Mumbai), and Executive Post Graduate Programme in Management (EPGP).Read more
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Ques. Should I go for MDI Gurgaon or IIM Indore?

● Top Answer By Aarushi Kalra on 26 Mar 21

Ans. One of my friends is an alumnus of MDI Gurgaon, and he gives me an overview very objectively and clearly on the following important parameters. Placements The official placement reports of both of these institutes reveal that MDI provides a higher average CTC. Considering the figures with the same percentage points, it can be mentioned that the placement figure of MDI is higher than the other one. Profile As per the placement reports, it can be mentioned that both of these institutes do not have many differences in the companies that come for recruitment and the offered profile as well. Batch Size MDI has a relatively small number of students in each of its batches that are approximately 240 in the PGPM course. It is the greatest advantage to the students. Besides, the competition is high enough in IIM Indore as it has around 400+ students in each of its batches. Faculty Both of these institutes have an excellent faculty pool. It assists the students to get huge opportunities. Another important fact is that MDI does not have any reservation, and it supports the students to make interact with an astonishing peer group. It is definitely that studying in IIM Indore will give the student a tag of IIM that is beneficial enough in the society and places in the short run. But studying in MDI Gurgaon has several competitive advantages over IIM Indore. This is the utmost advantage, which can affect top-level B-schools in India. So, if a student gets a chance to study management, they must choose MDI despite IIM Indore.Read more
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Ques. Should I attend MDI Gurgaon or IIM Indore?

● Top Answer By Rishikesh Kumar on 26 Mar 21

Ans. Well, these two institutes cannot be positioned to compare with each other. However, the only benefit seen in the case of IIM Indore is that it will assist in accessing the alumni network of PAN India. This does not apply to MDI Gurgaon students. This is beneficial for the students who want to start their individual businesses and switch jobs to a higher profile in later days. Rather, it is difficult enough to comments on the faculties, placements, and other facilities. Following is a brief overview of these two institutes considering the placement statistics. Criteria MDI Gurgaon IIM Indore Placement Statistics 100% 90% Highest CTC 40.79 LPA 40 LPA Lowest CTC 18 LPA 10 LPA Average CTC 22.05 LPA 23.6 LPA The campus life at IIM Indore is awesome and the infrastructure is unparalleled. The institute has great competition and diversity. You will develop a good analytical and broader viewpoint. One of my friends opted for IIM Indore and he was happy with his decision.Read more
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68 Reviews found


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8.0 /10

Loan/ Scholarship Provisions :

IIM Indore offers a PGP program and the cost for the course is INR 8,95,711 which covers the tuition fees, hostel fees, caution deposit, mess deposit and medical insurance premium. Students should pay the caution deposit amount of INR 50,000 at the time of admission. The caution deposit will be refunded.

8 /10 placement
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9.4 /10

Loan/ Scholarship Provisions :

IIM Indore charges INR 770771 per year for the PGP programme and for the duration of 2 years, students must pay INR 16.97 lacs. The deposit includes tuition and lodging costs. The IIM Indore management is very supportive and helpful to the PGP aspirants and they provide financial assistance to them. One among them is Need Based Financial Assistance (NBFA). And other government funded, industry sponsored, and other bank sponsored scholarships are offered.

9 /10 placement
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8.4 /10

Loan/ Scholarship Provisions :

The PGPM program offered at IIM Indore is for two years and it costs INR 8 Lakhs per year to pursue the program. The institute allows the students to pay the fee in 3 instalments on a yearly basis. This cost only covers the academic charges and it does not include the hostel fee, insurance and tax charges. To help the students whose family income is below average, the institute provides scholarships and financial assistance.

9 /10 placement
8 /10 college
8 /10 course
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9 /10 interview
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8 /10 campus life
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V
9.3 /10

Loan/ Scholarship Provisions :

The total fee structure for the MBA programme at IIM Indore is INR 16 lacs which is very less compared to other IIMs. A refundable caution fee of INR 50K must be deposited and INR 45K must be deposited separately for the mess availability and INR 1422 for Medical Insurance. Therefore, the institute provides Need based Financial Assistance (NBFA) to the students whose annual income is below INR 9 LPA. The institute offers financial aid to the students based on certain criteria.

10 /10 placement
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8.6 /10

Loan/ Scholarship Provisions :

The total fee for the first year PGPM program at IIM Indore including the tuition fee, hostel charges, caution deposit, mess deposit and medical insurance premium is INR 8,95,711. The caution deposit should be paid at the time of admission while accepting the seat and it will be adjusted against the first term fee payment.

9 /10 placement
8 /10 college
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9 /10 hostel
9 /10 interview
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8 /10 campus life
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8.3 /10

Loan/ Scholarship Provisions :

The fee structure for the first year PGP program at IIM Indore is INR 8,95,711. This cost covers the Tuition fees, hostel fees, caution deposit, mess deposit and medical insurance premium. The caution deposit of INR 50,000 should be paid at the time of admission and it will be refunded.

9 /10 placement
8 /10 college
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8 /10 hostel
7 /10 interview
10 /10 internship
8 /10 campus life
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Y
9.0 /10

Loan/ Scholarship Provisions :

The total fee structure for PGPM at IIM Indore ranges up to 7.5 lacs per year which is comparatively lesser than other IIMs across the country. However, there are financial assistance and scholarships available for the needy and deserving students. The institute also offers friendly-bank loans for the students sponsored by the State Bank of India

9 /10 placement
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M
8.0 /10

Loan/ Scholarship Provisions :

The fees for the 5 years Integrated program in management is quite high compared to the regular MBA programs offered in other B-Schools. The Institute assists those students whose family annual income is less than INR 8 Lakhs. Students can also avail themselves scholarships on the basis of merit and reservation through National Scholarship Portal.

8 /10 placement
8 /10 college
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S
8.1 /10

Loan/ Scholarship Provisions :

The total fee for the PGP program at IIM Indore is INR 8 Lakhs per year. Students can pay the fee in 3 instalments on a yearly basis. This cost does not include the hostel charges, insurance and tax charges. The institute offers scholarships to every student who is in a financial crisis irrespective of their background in order to provide quality education to them.

9 /10 placement
8 /10 college
8 /10 course
8 /10 hostel
8 /10 interview
9 /10 internship
7 /10 campus life
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N
9.1 /10

Loan/ Scholarship Provisions :

The fee structure for PGP HRM is around INR 16.26 lacs which is comparatively lesser than other IIMs. However, there is financial assistance offered by the institute to the meritorious and deserving students such as the Need Based Financial Assistance (NBFA) and a merit-based scholarship like State bank of India Scholarships and Eicher Scholarships.

9 /10 placement
9 /10 college
9 /10 course
9 /10 hostel
9 /10 interview
10 /10 internship
9 /10 campus life
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NewsView All

IIM Indore Admission Story Shyla Nehru
April 29, 2021
IIM Indore Admission Story Shyla Nehru

Shyla Nehru is a PGP student at IIM Indore. She graduated from NIT Nagpur and scored an impressive 98 percentile in her CAT examination. Her graduation score was an impressive GPA of 9.08 and she also worked at JP morgan for 2 years as a software engineer.  Shyla Nehru shared her inspiring I

IIM Indore Admission Story Ayush
April 29, 2021
IIM Indore Admission Story Ayush

Ayush is a graduate from NIT Patna who is currently pursuing PGP at IIM Indore. He paved his way into this prestigious institution by scoring an impressive 98.7 percentile on the CAT examination. In his conversation with collegedunia.com, he shared many insightful suggestions for the WAT &

IIM Indore Admission Story Amarpreet Singh
April 29, 2021
IIM Indore Admission Story Amarpreet Singh

Amarpreet Singh is a PGPM student at IIM Indore and he graduated from CGC Mohali. He has a working experience of 2 years with Bank of Baroda. While working he prepared for CAT examination and scored a 98.97 percentile paving his way into IIM Indore. Let’s hear from him what he has to say

IIM Indore Admission Story Versha
April 29, 2021
IIM Indore Admission Story Versha

Currently, Versha is a PGP student at IIM Indore. She graduated from the prestigious Delhi University with a staggering 80 percent. She appeared for her CAT and scored a 92 percentile. In this article she tells collegedunia.com all about her WAT & PI experience at IIM Indore.  Versh

IIM Indore Admission Story Tanvi
April 29, 2021
IIM Indore Admission Story Tanvi

Tanvi graduated from VG VAZE College and then worked at Hibond Chemicals. While working she prepared for CAT examination and scored a 98.7 percentile clearing his way into IIM Indore. Let’s hear from her what she has to say about his experience in the WAT & PI round.  Tanvi&rs

IIM Indore Admission Story Tafhim Ahmad
April 29, 2021
IIM Indore Admission Story Tafhim Ahmad

Tafhim Ahmad is a PGPM student at IIM Indore, he graduated from Christ Church College and then worked at the Accounting Department of Oxford Tanners for 1.25 years. While working he prepared for CAT examination and scored a 98.98 percentile clearing his way into IIM Indore. Let’s hear fro

IIM Indore Admission Story Nishtha
April 29, 2021
IIM Indore Admission Story Nishtha

Nishtha graduated from IGDTU and is currently a student at IIM Indore. Her journey to IIM Indore paved way by her scoring a high 96 percentile in the CAT examination. Let’s see what she has to say about her experience that she shared with collegedunia.com.  Nishtha Profile C

IIM Indore Admission Story Divya Mangla
April 29, 2021
IIM Indore Admission Story Divya Mangla

Divya Mangla is at present a student of PGP at IIM Indore. She graduated from the prestigious Hansraj College and then went on to score a staggering 96 percentile in her CAT examination. She shared her selection experience with collegedunia .com and here is what she has to say about her IIM Ind

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FPM Operation Management AVG FEE - ₹ 16,667/Yr
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Highest Package 5,000,000
Average Package 2,292,000
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Prof. Swatantra Professor, Department of Communication
Amrita Raghunath Joshi Assistant Professor, Department of Communication
Joysankar Bhattacharya Assistant Professor, Department of Economics
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Reviews
9.6 /10 Student Satisfactory Rating

"Best Management Institute"

Good: Excellent in terms of providing world-class education, easily approachable management, highly qualified and esteemed faculties, record-breaking placements and internships, student-driven campus, and amazing alumni association. Bad: Peer pressures to solve 200 case studies in each semester. Admission process: IIM Indore offers admission to the students on the basis of their scores in the CAT/GMAT followed by their performance in WAT and PI rounds. The institute also focuses on past academic record for offering admission.

by Naresh sharma
9.6 /10 Student Satisfactory Rating

"A good management institute"

I choose to study at IIM Indore because it has been providing a very good ROI to its students and the record-breaking placements are noteworthy. The faculty members are extremely knowledgeable and friendly and impart world class education. The course curriculum is rigorous, and various events are conducted throughout the year. Also, the institute has partnered with several other management institutes. Admissions at IIM Indore are offered on the basis of academic records, Common Admission Test (CAT) score, Written Ability Test (WAT) and Personal Interview (PI). Students will be finalized on the basis of their performance.

by Ashif ali
9.5 /10 Student Satisfactory Rating

"My review for IIM Indore"

IIM Indore is an amazing management institutes for its high quality education and training, record-breaking placements and internship drive, easily approachable and highly qualified faculty members, student-driven campus, amazing alumni network. The bad aspects about IIM Indore is that the WiFi connection is very slow and sadly the management of the institute doesn't work effectively. Apart from that the students are allocated with an MBA seat in the institute on the basis of their performance in the CAT, WAT, followed by PI.

by H. Sai prasanna