IIM Indore ranks #7 as per NIRF overall ranking 2020. It is the 2nd IIM after IIM Calcutta, to be awarded top three international accreditations, namely - AACSB, EQUIS and AMBA. IIM Indore is known for offering PGP - its 2 year, flagship programme. IIM Indore Admission to PGP or MBA depends upon CAT scores, class X and XII scores, plus WAT and PI performance. IIM Indore recently debuted in the Top 100 of Financial Global Times’ MBA Ranking 2021. Bagging #94 rank for its EPGP programme.
IIM Indore Admission 2021 Update: IIM Indore at present, is conducting PI round for admission to PGP’s 22nd batch. The interviews are expected to last till March 2021. Candidates were shortlisted based on CAT 2020 scores. Overall CAT percentile was fixed at 90 for general category. Plus, 85% and above in class X and XII scores. The Written Ability Test (WAT) - PI round alone holds 60% weightage for preparing the final merit list.
Check: IIM Indore CAT 2020 Cutoff
IIM Indore PGP Quick Facts:
The PGP course at IIM Indore ranks #7 as per NIRF Ranking 2020. It is the next best option after IIM Ahmedabad, Bangalore and Calcutta.
- PGP at IIM Indore is AIU recognized and is an equivalent of MBA. Thus, offering MBA degree instead of diploma. Read MBA vs PGDM.
- IIM Indore PGP Fee charges are INR 16.97 Lakhs. This also includes tuition and lodging charges.
- In comparison to other top Management Colleges in India, IIM Indore has the highest intake of 550+ students in its PGP programme. Including dual degree – IPM and PGP offered at Mumbai as well.
- IIM Indore PGP Admission is a 3 - step process. Including CAT and academic scores. Followed by WAT and PI Round.
- PGP placement in 2020 recorded the following statistics:
- In comparison to 2019 PGP placement, 2020 saw a 23.4% increase in the highest CTC.
- The highest CTC was INR 50 LPA. Check IIM Indore Placement
- There are 86 faculty members for the PGP course. They hold doctoral degrees in areas of Management both nationally and internationally.
Apart from PGP, IIM Indore also offers its one year, residential EPGP programme. IIM Indore’s EPGP has outranked other Indian B-Schools in FT Global Times’ Ranking 2021, with the highest score of 9.23 in Overall Satisfaction Category. Its admissions require GMAT scores followed by an interview. Ideal for professional executives with a working experience.
There are also courses like EFPM and FPM, that are offered by IIM Indore. Admissions are based on CAT / GMAT / GATE / GRE / JRF / RAT followed by PI. For admission to PGPMX for working executives and IPM (dual degree), IIM Indore conducts its own Aptitude Test. Cutoffs are released and, interview calls are extended for final admission process completion.
IIM Indore Ranking
Following IIM Indore Rankings that were awarded in the previous years are summarised below:
- IIM Indore ranked #94 out of 100 in Top B-Schools of the world by FT Global Times’ Ranking 2021.
- NIRF 2020 ranked IIM Indore at #7, among top 10 MBA Colleges.
- IIM Indore ranked #4 out of 125 by Outlook-ICARE for Management Colleges of India in 2020.
- QS Business Masters 2020 ranked IIM Indore at #101.
- IIM Indore was also ranked #8 by Economic Times B-School in 2020.
IIM Indore Courses - Eligibility, Selection & Fee
IIM Indore offers the following programs under various specializations:
|Courses||Course Details||Selection Basis|
|Post Graduate Program in Management (PGP)||Duration: 2 years
Fee: INR 16.97 Lakhs (domestic) | INR 24.15 Lakhs
Eligibility: Bachelor’s degree with 50% marks.
|CAT/GMAT followed by WAT and PI|
|Post Graduate Program in Human Resource Management (PGP-HRM)||Duration: 2 years
Fee: INR 16.16 Lakhs
Eligibility: Bachelor’s degree with 50% marks
|CAT followed by WAT and PI|
|Executive Post Graduate Program in Management (EPGP)||Duration: 1 year
Fee: INR 21 Lakhs
Eligibility: 4-year Bachelor’s degree/ Integrated program with 50% marks or 3-year Bachelor’s degree with 50% marks + Master’s degree with 50% marks
|GMAT followed by PI|
|Post Graduate Program in Management for Working Executives (PGPMX)||Duration: 2 years (alternate weekends)
Fee: INR 16.10 Lakhs
Eligibility: Bachelor’s degree + 5-years Work Experience
|PGPMX Aptitude Test followed by PI|
|Fellow Program in Management (FPM)||Duration: 4 years
Stipend: INR 30,000
Eligibility: Master’s degree with 60% marks
|CAT/GMAT/GRE/GATE/JRF/RAT followed by PI|
|Executive Fellow Program in Management (EFPM)||Duration: 57 months
Fee: INR 9.80 Lakhs
Specializations: Communication, Economics, Financial & Accounting, Information & Systems, Marketing Management, Operation Management & Quantitative Techniques, Organizational Behaviour & Human Resource Management and Strategic Management
Eligibility: Master’s degree with 60% marks
|CAT/GMAT/GATE/GRE/JRF/RAT followed by PI|
|5-Year Integrated Program in Management (IPM)||Duration: 5 years
Fee: INR 20 Lakhs
Eligibility: Passed 10+2
|IPM Aptitude Test followed by WAT and PI|
Read More: IIM Indore Courses & Fees
IIM Indore Admission
IIMs conduct Common Admission Test (CAT) for admission to PGP and PGP-HRM programs. According to the CAT results, candidates are shortlisted for Personal Interview (PI) and Written Ability Test (WAT). But IIM Indore lays major importance on the 10th and 12th scores.
Non-Resident Indian (NRI) candidates are likewise qualified to apply and ought to have scored 600 and above in GMAT.
How to Apply?
- Go to the official website of IIM Indore
- Click on Academic Programmes under Programmes tab
- Now select the desired course for which you want to apply
- Register and fill the application form with all the relevant details.
- Upload necessary documents.
- Pay the required amount of application fees
- Lastly, submit the application form and take a printout for future reference.
*Note: Some applications are commonly accepted through entrance exam applications itself.
Read More: IIM Indore Admission
IIM Indore Cutoff
Before counselling begins, respective IIMs release their cutoffs for admission. IIM Indore Cutoff of CAT 2020 for PGP admission is as follows:
|Quantitative Aptitude (QA)||80||80||70||55||45||45|
|Data Interpretation & Logical Reasoning (DI & LR)||80||80||70||55||45||45|
|Verbal Ability & Reading Comprehension (VARC)||80||80||70||55||45||45|
For admission to IPM an Aptitude Test is conducted. The cutoff for 2020 for general category was 40/16 for Quant MCQ/no MCA and 100 in Verbal Ability.
IIM Indore Placements
Despite COVID-19 restrictions, IIM Indore could manage placements with its partnering companies. More than 200 companies came for recruitment for the batch 2018-20. Tabulated below are the details of placement drive at IIM Indore:
|IIM Indore Placement Statistics 2020|
|Total pre-placement offers||132|
|Gender DIversity||60% males | 40% females|
|Highest Domestic Package||INR 50 LPA|
|Average CTC||INR 22.92 LPA|
|Median Salary||INR 22 LPA|
|Highest Placement (Sector)||S&M: 23%|
With highest recruitments in Sales & Marketing (S&M) - 23% IIM Indore placements witnessed opening up of niche roles for candidates. The graph below shows the domain wise recruitment at IIM Indore:
Various companies like FIITJEE, HCL, Browserstack, Bridgestone, ITC, Google, Deloitte, Boston Consulting Group, etc. recruited students from IIM Indore.
IIM Indore vs Other Top IIM’s
Check comparison between IIM Indore and other top IIM’s like IIM Calcutta, Lucknow and Bangalore in the following table:
|Particulars||IIM Indore||IIM Calcutta||IIM Lucknow||IIM Bangalore|
|Highest CTC||INR 50 LPA||INR 80 LPA||INR 58.47 LPA (International) and INR 54 LPA (Domestic)||INR. 50-55 LPA|
|Average CTC||INR 22.92 LPA||INR 27.9 LPA||INR 24.25 LPA||INR 25 LPA|
|Top Recruiters||Google, Deloitte, Boston Consulting Group, Infosys, Axis Bank,||Amazon, Flipkart, Gaza Capital, Saif Partners, EY Parthenon, Accenture Strategy, Mahindra GMC||Goldman Sachs, Microsoft, McKinsey & Company, BCG, Amazon, Royal Bank of Scotland, Bain & Company||Amazon, Accenture, Bain, and Company, McKinsey & Company, Microsoft, Aditya Birla Group|
|-||-||Read More||Read More||Read More|
IIM Indore Scholarships
The need based financial aid (NBFA) at IIM Indore is offered to those students requiring financial backing. This scheme has been functional since 2004. There is also a provision for merit based scholarship. Some more details are as follows:
|Name of Scholarship||Value of Scholarship||Offered by|
|State Bank of India Scholarship||INR 1,50,000||State Bank of India|
|Eicher Scholarship||INR 50,000||Eicher Motors Ltd.|
Apart from this, various awards and medals are also provided to students by IIM Indore.
Read more: IIM Indore Scholarships
Ques. Does IIM Indore offer any certificate programmes?
Ans. IIM Indore has recently introduced 2 online programs namely, Certificate Programme in Fintech & Financial Blockchain (CPFFB) and Executive Programme in Digital Transformation (EPDT) in collaboration with TSW Times Professional Learning. The institute launched these programs in order to implement the digital transformation.
Ques. Which programmes at IIM Indore are residential?
Ans. Both PGP, IPM and EPGP are residential programs offered at IIM Indore. Thus, applicants are specifically required to stay on campus while pursuing these programmes.
Ques. How are the hostel facilities at IIM Indore?
Ans. IIM Indore Hostel facilities for students are separately located blocks for male and female students. The rooms are fully equipped with all the necessary amenities like 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 international module in IIM Indore EPGP?
Ans. The applicants pursuing EPGP at IIM Indore are required to visit an international B-school to complete the degree. It is a mandatory exercise for the award of an EPGP degree.
Ques. Are summer internships offered at IIM Indore?
Ans. Yes, summer internships are offered at IIM Indore. Some of the key statistics are as follows:
|IIM Indore Summer Internship Statistics (Batch 2019-21)|
|Total Students||MBA: 479 | Dual MBA: 110|
|Gender Diversity||56% males | 44% females|
|Average Work Experience||23 months|
|Highest Stipend||INR 4 Lakhs|
|Highest Sector Wise Placement||FMCG: 19%|
|Domain Wise Highest Placement||Sales & Management: 31%|
For more elaborate information, check: IIM Indore Placement
Ques. Which is better - IIM Indore or IIM Lucknow?
Ans. IIM Lucknow is better than IIM Indore in terms of rankings. Both management colleges have maintained a 100% placement record. The faculty members at both institutes are highly experienced and have expertise in their respective fields. One will find a more diversified class profile at IIM Lucknow. Check Here for more details.