Latest Updates:IIM IndoreIPMAT 2023 results were announced on July 5, 2023, and personal interviews for shortlisted candidates were held on July 17 - 20, 2023. The IPM provisional admission offer list has been announced and the provisional shortlist for Personal Interviews has been released. CAT 2023 registration will begin on August 2, 2023, with the exam set for November 26, 2023. The registration cost for CAT 2023 has increased for all categories. The general category costs have been raised to Rs. 2,400 from Rs. 2,300 before. The cost for SC, ST, and PwD candidates has increased to 1200 from 1150 last year. The IIM Indore placements for 2023 are now complete. IIM Indore receives rank #3 in Eduniveral 4 Palmes of Excellence Rankings 2023.
About IIM Indore: It is one of the elite management schools among the group of 20 Indian Institutes of Management which is located in the city of Indore, Madhya Pradesh. IIM Indore is the sixth autonomous B-School in the league after IIM Kozhikode. The institute was established in the year 1996 and it is spread over 193 acres of land. NIRF 2023 has ranked IIM Indore eighth. The EPGP program at IIM Indore has been ranked 89th among the Top 100 Global MBA courses by FT Ranking 2023. IIM Indore provides PGP, Executive PGP, Five Year Integrated Program in Management, PGP-HRM, Doctoral Program in Management(DPM), and Executive DPM. The MBA tuition at IIM Indore is INR 20.10 Lakhs.
IIM Indore Important Dates are mentioned in the table below:
Particulars
Details
CAT Registration Starts
August 02, 2023
CAT Registration Closes
September 21, 2023
Admit Card release date
November 07, 2023
CAT Exam Date
November 26, 2023
IIM Indore MBA Dates 2024
CAT Registration
August 02, 2023 - September 21, 2023
Shortlist for PI
Second week of January 2024 (Tentative)
PI Form
Third week of January, 2024 (Tentative)
Personal Interview
February 2024 (Tentative)
Release of Final Merit List
April 2024 (Tentative)
IIM Indore Highlights
IIM Indore Highlights are given in the table below:
Particulars
Details
Year of Establishment
1996
Campus Size
193 acres
Students Intake
1316
MBA Fees
INR 20,10,800
NIRF Ranking 2023
8
No. of Courses
8
Total Faculty
106 Full-Time and 65+ visiting
Scholarships
Available
Highest CTC
INR 1.14 CPA (2023)
Top Recruiters
DE Shaw & Co, Bank of America, Goldman Sachs, Accenture Strategy, Bain & Co, Deloitte, BCG, Amazon, Microsoft, Google, etc.
IIM Indore Courses
Around four postgraduate courses (PGP, PGP-HRM, EPGP, and IPM), as well as a certificate program (PGPMX), three doctoral programs (DPM, EDPM, and EFPMG), and a few Executive Education Programs are offered by IIM Indore. The flagship degree, PGP (commonly known as MBA), is provided for a two-year period and is residential in nature. PGP HRM is also given for two years, the same as PGP. While PGPMX is also a two-year weekend management program created for working executives, EPGP is an intensive one-year residential curriculum for experienced professionals.
IIM Indore offers two types of Programs:
1) Academic Programs
2) Executive Programs
1) Academic Programs:
Under the Academic Program, theIIM Indore Coursesare around 8 different types. The list Includes-
Postgraduate Program in Management (PGP)
Post Graduate Program in Human Resource Management (PGP-HRM)
Post Graduate Diploma in Management for Executives in Mumbai (PGP-MX)
Five-Year Integrated Program in Management (IPM)
Doctoral Program in Management (DPM)
Executive Post Graduate Program in Management (EPGP)
Executive Doctoral Program in Management (EDPM)
Executive Doctoral Program in Management and Governance (EDPMG)
2) Executive Programs:
Under the Executive Program, IIM Indore offers 10 different courses. The list includes-
Master of Science in Data Science and Management
Executive Post-Graduate Diploma Program in Management and Artificial Intelligence
Hindi Programs
Customized Programs
Short Duration Programs (Online and on-campus)
Long Duration Online Programs
Executive Programs in UAE and other Middle East Countries
General Management Program for Executives (GMPE)
Certificate Programs for Defence Officers
Faculty Development Program (FDP)
Through the medium of the courses offered by IIM Indore, the institute aims to impart the best quality education and produce future leaders in different fields.
Courses
Fees
Intake
Eligibility
Selection Criteria
Duration
PGP
INR 20,10,800
568
Bachelor’s degree with 50% marks
CAT + Personal Interview
2 Years
PGP-HRM
INR 18,43,000
-
Bachelor’s degree with 50% marks
CAT + Personal Interview
2 Years
IPM
INR 5,00,000
150
Passed class 12th
IPM MAT + Personal Interview
5 Years
IIM Indore Admissions
The IIM Indore Admission process for the Post Graduate Program (PGP) consists of several stages. It begins with the candidates registering themselves for the Common Admission Test (CAT) and simultaneously applying for the PGP program of IIM Indore using the same application form.
Next, the applicants must appear for the CAT exam, which is conducted at various centres across India. The CAT scores play a crucial role in shortlisting candidates for the Personal Interview (PI) round.
During the Shortlisting for Personal Interview stage, candidates from each category are selected based on their CAT scores to proceed to the PI round. The Personal Interview round is held offline at multiple locations, including Bangalore, Chennai, Delhi, Hyderabad, Indore, Kolkata, and Mumbai.
Finally, the admission process culminates in the preparation of the Final Merit List. This list is determined based on a composite score, calculated using the scores from the 10th and 12th standard examinations, CAT scores, and PI scores. The students who secure a place on the merit list will be offered admission to the PGP program at IIM Indore.
The CAT exam is one of the toughest management admission exams which is held once a year. The CAT exam includes an online test followed by GD (Group Discussion) and Personal Interview (PI). The final selection is done on the basis of merit. The CAT exam is used for admission to the Academic Programs of IIM Indore.
To gain admission to the Executive Programs, the candidate has to clear the GMAT (Graduate Management Aptitude Test)exam/ GRE (Graduate Record Examinations)/CAT. The GMAT exam can be given 5 times in 12 months with a gap of at least 16 days between consecutive attempts. The GRE exam can be given for a maximum of 5 times a year and can be taken once after 21 days from the date of the examination in every year.
IIM Indore Students’ Exchange Program:
IIM Indore believes that for a future business leader, it is inevitable to get exposure to the International scenario. The students must know what management models are being followed in different economies of the world. Hence the institution has collaborated with various International institutions to get an opportunity for their students for a lifetime experience at least once in their life.
Some Institutions with which IIM Indore has collaborated with are:
Alba Graduate Business School, Greece
Asian Institute of Management, Manila
EDHEC, France
Frankfurt Institute of Finance and Management, Germany
Baruch College, City University of New York, USA
MCI Management Center Innsbruck, Austria
Here is a list of all international business schools IIM Indore has collaborated with: Click here
IIM Indore Cutoffs
IIM Indore Cutoffs are given in the table below:
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
IIM Indore Placements
IIM Indore Placements are given in the table below:
Particulars
IIM Indore Placements 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.
In 2023, the PGP batch students were picked up by around 160 companies for various profiles who visited the campus. The IIM Indore Placements record remains excellent as always with the Highest Package at 1.14 Crore and the average package at 30.21 lakhs.
Some of the IIM Indore Major recruiters were:
Amazon
Axis Bank
CRISIL
Google
HCL
Microsoft
McKinsey & Company
Credit Suisse
Goldman Sachs
HSBC
Philips
Wipro
Google
Larsen & Turbo
Ford
IIM Indore Rankings
IIM Indore Rankings: It 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
IIM Indore Life
Although stressful, demanding, and exhausting, campus life at IIM Indore is never monotonous. The kids have a busy schedule of lessons, homework, committees, and club meetings. Because IIM Indore is a fully residential campus, courses can be held at any time of day, whether it be late at night or early in the morning. At IIM Indore, sessions typically start at 8.45 a.m. In order for the lessons to be more participatory, the students are expected to arrive on time and prepare for all lectures. There is a 15-minute tea break included in each 75-minute class. The students have some free time in the evenings, which they use to engage in enjoyable pursuits like athletics, campus exploration, and city trips.
The Student Activities Council (SAC), which is administered by the students, oversees the majority of the campus amenities at IIM Indore. In addition to managing all the cultural events, students also operate a fast food restaurant and a store for everyday necessities, giving them practical business management experience. IIM Indore Hostel offers single accommodations in different blocks for boys and girls. Teak Cots and Mattresses, a Computer Table, Chairs, Closets, and Shelves are all included in the individual rooms’ furnishings. There are LAN connections in every room. Every day, restrooms, corridors, and rooms are cleaned.
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Indian Institute of Management (IIM) Indore, Indore Courses and Fees
The university’s curriculum is designed in consultation with leading industry experts to ensure that students are equipped with the skills and knowledge they need to succeed in the workplace. PUI also offers a variety of opportunities for students to gain hands-on experience through internships, case studies, and live projects.
Indian Institute of Management Indore is also known as IIM Indore. It was established in 1996. This is an autonomous public business school. It is located in Madhya Pradesh.
The various courses offered by IIM Indore are Post Graduate Program in Management (PGP), Executive Post Graduate Program in Management (EPGP), Five Year Integrated Program in Management (IPM), Post Graduate Diploma in Management for Working Executives in Mumbai (PGP-MX), Post Graduate Program in Human Resource Management (PGP-HRM), Doctoral Program in Management (DPM), Executive Doctoral Program in Management (EPDM) and Executive Doctoral Program in Management and Governance (EDPMG).
The application mode of this institute is both online and offline. Entrance exams accepted by this institute are CAT, GMAT, and GRE. The mode of the entrance is online.
IIM Indore Admission Criteria:
For the domestic applicant, admission to the PGP program is through CAT, and for international applicants valid score of GMAT is required.
Admission to the PGP-HRM course is through CAT score, WAT, and PI.
Admission to the EPGP course is through a GMAT score.
Admission to IPM is through Aptitude Test, WAT, and PI.
Admission to DPM is through Academic scores and PI.
Seat Reservation:
OBC: 27%
SC: 15%
ST: 7.5%
PWD: 5%
Important Events of CAT 2023:
CAT 20123 Important Events
Dates
CAT Online Registration Starts
August 2, 2023, from 10:00 AM (IST)
Last date to apply online
September 21, 2023, before 11:00 AM (IST)
CAT 2023 Admit Card available for Download
November 07, 2023, begins at 05:00 PM (IST)
CAT 2023 Exam Date
November 26, 2023
CAT 2023 Result
2nd week of January 2024 (Tentative)
CAT 2023 Counselling Schedule:
Schedule
Dates
Release of Shortlist
First Week of January 2023 (Tentative)
Announcement of Counselling Dates
Second Week of January 2023 (Tentative)
Call for the shortlisted candidates
Second Week of January 2023 (Tentative)
Last Date to apply for Counselling
Last Week of January 2023 (Tentative)
Counselling Commences
Second Week of February 2023 (Tentative)
Counselling Ends
First Week of March 2023 (Tentative)
EPGP Admission Schedule 2024-2025:
Events
Round 1
Round 2
Application Window
October 04, 2023 to November 30, 2023.
October 04, 2023, to January 15, 2024.
Application fee
INR 5900.00 (including GST)
Announcement of PI shortlist
December 11, 2023.
January 25, 2024
Interviews Dates
December 16 and 17, 2023
February 3 and 4, 2024
Interview Centers
Bengaluru, New Delhi, Kolkata, Mumbai, Chennai, Hyderabad, Ahmedabad,
Provisional admission offers
January 05, 2024
February 23, 2024
Last date for accepting offers
January 20, 2024
March 11,2024
Program Registration
April 05, 2024
Commencement of class
April 08, 2024
PGP Selection Process:
The selection process occurs in three stages Eligibility criteria, Written Ability Test, and Personal Interview (PI).
Candidate should score minimum sectional percentile and overall percentile in CAT 2023 as mentioned below.
Category
General
NC-OBC
SC
ST
PWD
Section-1 Percentile
80
70
55
45
45
Section-2 Percentile
80
70
55
45
45
Section-3 Percentile
80
70
55
45
45
Total Percentile
90
80
60
50
50
Candidates who satisfy the CAT 2023 requirements will be considered for the next stage. Candidates for WAT and PI will be shortlisted on the basis of a merit list generated based on Composite Score (CS).
Components
Score
X Standard/SSC Score
34 * [Zcandidate - Zmin/Zmax - Zmin]
XII Standard/HSC Score
40 * [Zcandidate - Zmin/Zmax - Zmin]
CAT 2023 Score
20 * [Candidate’s CAT Score/Highest CAT Score]
Diversity Factor (DF)
= 6 for Female Applicants
= 0 for Other Applicants
Composite Score
= Sum of the above Scores (Max 100)
Final selection will be based on the merit list generated on the basis of the Final Composite Score (FCS).
Components
Score
X Standard/SSC Score
10 * [Zcandidate - Zmin/Zmax - Zmin]
XII Standard/HSC Score
10 * [Zcandidate - Zmin/Zmax - Zmin]
CAT 2023 Score
20 * [Candidate’s CAT Score/Highest CAT Score]
WAT Score
20 * [Zcandidate - Zmin/Zmax - Zmin]
PI Score
40 * [Zcandidate - Zmin/Zmax - Zmin]
Final Composite Score
= Sum of the above Scores (Max 100)
Admission for EPGP:
Eligibility: The program is eligible to all nationalities, however, the candidate must have:
Educational Qualification:
50% in a four-year Bachelor’s Degree in any discipline.
50% in a three-year Bachelor’s Degree with 50% in a Master’s Degree.
50% in five-year Integrated Programs/ other programs of similar duration.
A valid GMAT/GRE/CAT score. The GMAT and GRE scores should be within 5 years from the date of the application deadline.
Minimum 5 years of managerial/entrepreneurial/professional experience after graduation as of the application deadline date i.e., November 30, 2023 (Phase 10 and January 15, 2024 (Phase 2).
Selection Process:
Shortlisting of candidates for the interview will be done on the basis of GMAT/GRE/CAT scores and any other criteria decided by the Admission Committee for that academic year.
Shortlisted candidates will then be called for a Personal Interview (PI). This also consists of a minimum performance score in different parameters of PI which are also set by the Admission Committee.
Candidates satisfying the requirements mentioned above will be selected for the final selection. A merit list will be generated based on the Composite Score (CS).
Following this, a merit list broken down by category will be created using the Final Composite Score (FCS) as shown in the table above. Provisional admission offers will then be made accordingly.
IIM Indore Admissions for International Students
Only foreign passport holders will be considered as ‘International Applicants’ for admission to the Post Graduate Program in Management of IIM Indore in the 2023-25 batch. IIM Indore has reserved 10 seats for International applicants under the Supernumerary Quota (this is separate from the regular intake for the PGP program).
Eligibility Criteria:
The candidate must have a valid Graduate Management Aptitude Test (GMAT) of at least 700 as of December 31, 202. The scores of GMAT taken from January 1, 2021, to December 31, 2022, will only be considered.
The candidate must hold a Bachelor’s degree, with a minimum of 50% of marks or equivalent CGPA, awarded by any University or educational institution. The equivalence of the foreign degree needs to be certified by the Association of Indian Universities.
Candidates appearing in the final year for the Bachelor’s degree/equivalent qualification exam and who have completed the degree requirement and are awaiting results can also apply. However, such candidates, if selected, will only be allowed to join the program only if they submit a certificate from the principal/ registrar of the university or institution (issued on or before June 30, 2023) stating that they have completed all the requirements for obtaining the Bachelor’s degree/ equivalent qualification.
Candidates should fulfill any one of the following
Completed Bachelor’s degree with the required percentage or CGPA of marks.
Complete professional degree (CA/CS/ICWA/ Fellow of the Institute of Actuaries of India (FIAI) with a minimum 50% of marks.
Should be in the final year of Bachelor’s with at least 50% of the marks.
Application Process:
An International Applicant, seeking admission to the PGP program of IIM Indore can take the GMAT in their country of residence and apply for admission in the application form, which can be downloaded from the official website.
The last date for the complete application packet is January 20,2023. This must include the following set of materials:
Complete the application form after downloading it from the official website.
A copy of self-attested GMAT scores (original to be verified at the time of the interview, if selected).
A copy of self-attested TOEFL scores, if medium of instruction has not been English (original to be verified at the time of the interview, if selected).
At least three Letters of Recommendation from a qualified authority (Teacher/Employer).
A statement of purpose.
Self-attested photocopy of passport.
A non-refundable application processing fee of US $100.
Selection Process
Short-listing for the Personal Interview (PI) will be done on the basis of the eligibility criteria mentioned above.
Candidates short-listed will be intimated by the first week of February 2023. IIM Indore will conduct the admission interviews in both online and offline (in Delhi and Mumbai only) mode depending on the situation. Candidates must make necessary travel arrangements for this and should indicate their preference for the interview center in the application form.
Shortlisted candidates will have to attend the PI, failing to do so they will not be considered for the next stage.
IIM Indore also sets minimum performance in different parameters of the PI decided by the Admission Committee. Candidates not meeting the minimum performance in any parameter of the PI will not be selected for the next stage.
Final Stage:
The candidate would be chosen in the end based on the merit determined by the Final Composite Score (FCS). The format for calculating this is given below:
Excellent methodology adopted for teaching+interactive classroom sessions
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Indian Institute of Management (IIM) Indore, Indore FAQs
Q-1
What is IIM Indore famous for?
IIM Indore offers a comprehensive range of management education programmes, styles, and locations (Indore and Mumbai). IIM Indore has 86 highly competent internal faculty members who are supplemented by carefully selected adjunct professors with significant industry or domain knowledge.
Q-2
Is MBA from IIM Indore worth it?
Graduating from IIM means you are associated with one of the top Management institutes in the country, which in a way guarantees your success later in life, due to the curriculum and knowledge imparted to the students. So, yes, MBA from IIM Indore is worth it.
Q-3
What rank is required for IIM Indore?
The rank required for IIM Indore is basically the CAT cutoff 2022. The percentile for the General category students was 97 to 98.
Q-4
Is it easy to crack IIM Indore?
For five years of integrated courses, IPM IIM-Indore and IPM IIM Rohtak administer the IPMAT test. The Integrated Program in Management (IPM) admission test attracts more than 15,000 applicants each year, making it an extremely competitive programme. The exam’s degree of difficulty ranges from moderate to easy.
Q-5
Is getting into the IIM Indore hard?
Getting into IIM Indore is challenging due to its prestigious reputation and intense competition. The selection process involves CAT scores, WAT, GD, and PI, where a strong academic background and leadership qualities are highly valued.
Q-6
Why is IIM Indore Famous?
IIM Indore is famous for its reputation as a top business school in India, offering high-quality management education and producing successful business leaders. It has a strong global recognition, impressive placements, and a vibrant campus life, contributing to its widespread acclaim.
Q-7
What is IIM Indore acceptance rate?
Around 20,000 candidates apply for IIM Indore every year and 120 applicants get selected which brings the acceptance rate to 0.6%. Getting admission at IIMs can be more difficult than getting into IITs.
Q-8
Can a weak student get into IIM?
Yes, around 5000 students who take the CAT exam get into IIMs every year. Not all of them can be geniuses, it all depends on your preparation and dedication.
Scholarship
Need Based Financial Assistance
IIM Indore provides financial aid to aspirants who need assistance. This helps in ensuring that no one is denied education at IIM Indore due to financial constraints. This is the objective of the Need Based Financial Assistance. Participants who have been selected for the Post-Graduate Program in Management (PGP), PGP-HRM and five-year Integrated Programme in Management (IPM) with annual family income below INR 9 lakh can apply for this.
The percentage of the maximum amount he institute decides to offer for financial assistance is decided on a year to year basis. Deciding the number of awardees and amount of financial aid is a two-stage process. In the first stage the applicants financial need is assessed by evaluating the application submitted. In the next stage, after evaluatiing the application form the NBFA Committee call some participants for an interview. Here they assess the application form as well as check if the details provided by the applicant are genuine or not.
Indian Institute of Management Indore was ranked ten by the NIRF 2017.
First Prize for Grooming Future Employable Leaders
Indian Institute of Management Indore received 1st prize for Grooming Future Employable Leaders.
EFMD Quality Improvement System (EQUIS)
EFMD awarded EQUIS accreditation to IIM Indore on December 10, 2019. It is the second IIM to receive triple accreditations bringing to the institution with a ’Triple Crown’.
Best Proposal Award at AIM Sheth Foundation Research Proposal Competition
IIM Indore team received the Best Proposal Award for this competition by Academy of Indian Marketing. The team received a prize of INR 1 lakh.
Successful Alumni
Alum Ajinkya Mahajan
He Represented India at 19th World Festival of Youth and Students.
The library of this institute holds knowledge resources which are related to management and allied subjects. The collection of the library also includes CD-ROM databases and online databases.
This institute has two auditoriums. One auditorium has a seating capacity of 300 while the other has a capacity of 800 people. Both the auditoriums have amphitheatre.