fbpx

Indian Institute of Management (IIM), Indore

Indian Institute of Management (IIM), Indore
About Us
  

Indian Institute of Management (IIM), Indore: Admission 2024, Courses, Fee, Placements, Cutoff & Ranking

The Indian Institute of Management (IIM) Indore, established in 1996, is one of India’s premier business schools. It is recognized for its high academic standards and has consistently ranked among the top management institutes. In the National Institutional Ranking Framework (NIRF) 2023, IIM Indore was placed 8th, and it also made it to the Financial Times’ Top 100 Global MBA Rankings in 2019.

IIM Indore offers various programs, including a two-year Post Graduate Programme (PGP) in Management, a five-year Integrated Programme in Management (IPM), and specialized courses like PGP in Human Resource Management. The institute emphasizes interdisciplinary learning and practical exposure, preparing students for real-world challenges.

The placement records at IIM Indore are impressive, with 100% placement achieved for its largest batch in 2024. The average salary for graduates was around ₹25.68 lakhs per annum, with the highest salary reaching ₹1 crore. Major recruiters include top firms in consulting, finance, and technology. IIM Indore boasts excellent facilities, including modern classrooms, auditoriums, sports complexes, and a well-stocked library, providing a conducive environment for learning and development.

 

Particulars Statistics
Establishment Year 1996
Campus Indore, India
Recognized by AMBA, AACSB, and EQUIS
Rankings (as of 2023) Ranked 4th among IIMs in the FT Global Rankings and 8th in the NIRF Management category.
Collaborations Asian Institute of Management, Manila; Alba Graduate Business School, Greece; Auckland University of Techonology New Zealand; Baruch College, City University of New York, USA; Bucconi, Italy; EDHEC, France; Egade Business School, Mexico etc

 

 

Indian Institute of Management (IIM), Indore: BBA Course and Fees 2024

 IIM Indore offers an Integrated Programme in Management (IPM), which combines a Bachelor of Business Administration (BBA) with a Master of Business Administration (MBA). This five-year program is designed for students who have completed their 10+2 education. The IPM program is unique as it allows students to exit after three years with a BBA degree if they choose not to continue.

Course Name Duration Average Fees (INR)
Integrated Programme in Management (IPM) 5 years ₹17,14,133 (first 3 years) + MBA fees for last 2 years

The total fees for the MBA portion of the IPM program align with the standard MBA fees at Indian Institute of Management (IIM) Indore, which is approximately ₹21.07 lakhs for the two years. The IPM program emphasizes a strong foundation in management principles, covering subjects such as economics, mathematics, and communication. Admission is based on the IPMAT entrance exam, followed by a personal interview.

 

FAQs on Course and Fees 2024

 1. What is the fees of Indian Institute of Management (IIM) Indore for BBA?

The average fees for the BBA program at Indian Institute of Management (IIM) Indore, specifically through the Integrated Programme in Management (IPM), are approximately INR 4 lakhs per year. This fee covers only tuition and does not include additional costs like hostel fees or other expenses. The total fees for the entire five-year program amount to around INR 35 lakhs, including both BBA and MBA components.

2. What is the fees for Indian Institute of Management (IIM) Indore Batch 2024?

For the Indian Institute of Management (IIM) Indore Batch 2024, the fees for the Integrated Programme in Management (IPM) are structured as follows: the total fee for the first three years is about INR 17.14 lakhs, while the fees for the last two years of the MBA program are additional. Overall, students can expect to pay around INR 35 lakhs for the complete five-year program, excluding accommodation and other personal expenses.

3. Can I do BBA in Indian Institute of Management (IIM) Indore?

Yes, you can pursue a BBA at Indian Institute of Management (IIM) Indore through their Integrated Programme in Management (IPM). This program combines a BBA and an MBA, allowing students to complete both degrees over five years. Admission is based on the IPMAT entrance exam, which assesses candidates’ aptitude for management studies.

 

Indian Institute of Management (IIM), Indore: Admission Process and Important Dates 2024

The admission process for the Indian Institute of Management (IIM) Indore’s Integrated Programme in Management (IPM) for the 2024 batch involves the following steps:

  • Online registration: Candidates must register online to obtain a user ID and password.
  • Submission of application form: Applicants must fill out the online application form and submit it by the specified deadline.
  • Payment of application fee: A non-refundable application fee of INR 5,000 must be paid online within one working day of submitting the application form.
  • IPMAT exam: Candidates must appear for the Integrated Programme in Management Admission Test (IPMAT), an aptitude test conducted by IIM Indore.
  • Personal Interview: Shortlisted candidates based on their IPMAT performance will be invited for a personal interview.
  • Final selection: Admission offers will be made based on the candidate’s overall performance in the IPMAT and personal interview.
  • Acceptance of admission offer: Candidates who receive an admission offer must accept it within the specified deadline and pay a commitment fee.
  • Registration: Admitted students must submit a duly filled and signed registration form on the date of registration.

 

Important dates for Admissions 2024

Event Date
IPMAT Form Available February 14, 2024
Last Date to Apply April 01, 2024
IPMAT Form Correction April 9 – 10, 2024 (5 PM)
IPMAT 2024 Admit Card Download Start May 09, 2024
IPMAT 2024 Exam May 23, 2024
IPMAT 2024 Result July 7, 2024 (Tentative)
Personal Interviews for Shortlisted July 17 – 20, 2024 (Tentative)
Provisional Admission offers Last Week of August 2024 (Tentative)
IPM 2024-29 Programme registration Last Week of August 2024 (Tentative)

 

FAQs on Admission Process and Important Dates 2024

 1. What is the last date for Indian Institute of Management (IIM) Indore 2024?

The last date to apply for the Integrated Programme in Management (IPM) at IIM Indore for 2024 is April 1, 2024. This deadline applies to candidates who wish to register for the IPMAT exam, which is a crucial step in the admission process. It is important for applicants to ensure that they complete their application and payment before this date to be considered for admission.

2. What is the admission process for Indian Institute of Management (IIM) Indore?

The admission process for IIM Indore involves several key steps. First, candidates must register online and fill out the application form. After submitting the form, they need to pay the application fee and then appear for the IPMAT exam. Those who qualify will be invited for a personal interview, and final selections will be based on the performance in both the exam and the interview.

3. What is the entrance exam for Indian Institute of Management (IIM) Indore for Management Courses?

The entrance exam for management courses at IIM Indore is the Integrated Programme in Management Admission Test (IPMAT). This exam assesses candidates’ aptitude in various areas such as quantitative ability, verbal ability, and logical reasoning. Successful candidates from the IPMAT will then proceed to the personal interview stage as part of the selection process for the IPM program.

 

 

Indian Institute of Management (IIM), Indore: Placements 2023

IIM Indore, one of India’s premier management institutes, has successfully completed its final placements for the 2024 batch. The institute witnessed an impressive average salary of INR 25.68 LPA, with the highest domestic package reaching INR 1 crore.

The placement records showcase the institute’s commitment to providing quality education and industry exposure to its students. The average salary of INR 25.68 LPA is a testament to the high caliber of graduates from IIM Indore.

The placement drive saw participation from top recruiters across various sectors, including consulting, finance, technology, and consumer goods. Some of the prominent companies that extended offers include McKinsey & Company, Boston Consulting Group, Bain & Company, Goldman Sachs, and Morgan Stanley.

In the previous year, IIM Indore’s placements were equally impressive, with the highest package reaching INR 1.14 crore and the average package standing at INR 30.21 LPA. The institute’s strong industry connections and reputation for excellence continue to attract top recruiters year after year.

FAQs in Placements 2023

 1. What is the highest package of IIM Indore in 2023?

The highest package offered at IIM Indore during the 2023 placements was INR 1.14 crore per annum. This marked a significant increase of 132.6% compared to the previous year, showcasing the growing demand for IIM Indore graduates in the job market. The impressive salary reflects the institute’s strong reputation and the quality of its educational programs.

2. What is the placement for IPMAT 2023?

The placement statistics for the IPM batch of 2023 at IIM Indore were noteworthy, with an average package of INR 30.21 lakh per annum. The highest package for this batch also reached INR 1.14 crore, indicating the lucrative opportunities available to graduates. Numerous top-tier companies participated in the placement drive, further enhancing the program’s appeal.

3. What is the placement of IPMAT 2024?

For the IPM batch of 2024, IIM Indore achieved 100% placements, with the highest salary package offered being INR 1 crore. The average salary for this batch was approximately INR 25.68 lakh per annum, reflecting the strong placement support provided by the institute. The successful placement outcomes demonstrate the effectiveness of IIM Indore’s educational approach and industry connections.

4. Does IIM Indore have 100% placement?

Yes, IIM Indore has maintained a 100% placement record for its students in recent years. This achievement is a testament to the institute’s strong industry ties and the quality of its academic programs. The commitment to student success is evident through the active involvement of recruiters and the extensive support provided during the placement process.

Indian Institute of Management (IIM), Indore | FAQs

 

1. What are the eligibility criteria for the MBA program at IIM Indore?

To be eligible for the MBA program at Indian Institute of Management Indore, candidates must have a bachelor’s degree with at least 50% marks or an equivalent CGPA. The degree must be awarded by a recognized university or educational institution. Candidates belonging to SC, ST, and PwD categories need a minimum of 45% marks. Additionally, applicants should have a valid score in the Common Admission Test (CAT), conducted by the IIMs. Work experience is not mandatory, but relevant professional experience is considered advantageous during the selection process. Final-year students of bachelor’s degree programs are also eligible to apply, provided they complete all requirements by the specified date.

2. How can I apply for admission to IIM Indore?

To apply for admission to Indian Institute of Management Indore MBA program, candidates must first register for the Common Admission Test (CAT) and select IIM Indore as one of their preferences. After obtaining a valid CAT score, applicants should visit the official Indian Institute of Management Indore website and fill out the online application form, providing personal, academic, and professional details. The application process includes uploading necessary documents, such as academic certificates, work experience proofs, and a recent photograph. Applicants are also required to pay the application fee online. It is essential to carefully review and submit the application before the deadline. Shortlisted candidates will be called for further rounds, including Written Ability Test (WAT) and Personal Interview (PI).

3. What is the selection process for the MBA program at IIM Indore?

The selection process for the MBA program at IIM Indore involves several stages. Initially, candidates are shortlisted based on their CAT scores. Shortlisted applicants are then invited for the Written Ability Test (WAT) and Personal Interview (PI). The final selection is based on a composite score that includes the CAT score, WAT & PI performance, academic records, and work experience. IIM Indore also considers diversity factors like gender and academic background. Each component is assigned a specific weightage, and the combined score determines the final list of selected candidates. Successful candidates receive admission offers, which they must accept within the stipulated timeframe.

4. What specializations are offered in the MBA program at IIM Indore?

Indian Institute of Management Indore offers various specializations in its MBA program to cater to diverse career interests. These specializations include Finance, Marketing, Operations Management, Human Resource Management, Information Systems, Strategic Management, and Economics. Each specialization allows students to delve deeper into their chosen field through elective courses, projects, and internships. The curriculum is designed to provide a comprehensive understanding of management principles while offering flexibility to focus on specific areas. Specializations help students develop expertise and skills relevant to their career aspirations, enhancing their employability and career prospects in their chosen domains.

5. What are the fees for the MBA program at IIM Indore?

The total fees for the MBA program at Indian Institute of Management Indore are approximately INR 21 lakh for the two-year course. This fee covers tuition, course materials, library, and other academic resources. Additional costs may include accommodation, food, personal expenses, and any optional study trips or exchange programs. IIM Indore offers various financial aid options, including scholarships, loans, and need-based assistance to support students in managing their expenses. It is advisable to check the official website for the most up-to-date fee structure and available financial aid options before applying.

6. What are the placement statistics for IIM Indore?

IIM Indore boasts impressive placement statistics, with a high percentage of students securing job offers from top companies across various industries. The average salary package for the recent batch was around INR 25 lakh per annum, with the highest packages reaching up to INR 70 lakh per annum. Leading recruiters include consulting firms, investment banks, IT companies, FMCG giants, and multinational corporations. The institute’s strong industry connections, rigorous academic training, and comprehensive placement support contribute to its excellent placement record. Detailed placement reports are available on the IIM Indore website, showcasing sector-wise and company-wise recruitment data.

7. What is the admission process for the Integrated Program in Management (IPM) at IIM Indore?

The admission process for the Integrated Program in Management (IPM) at IIM Indore includes an entrance test known as the IPM Aptitude Test (IPMAT), followed by a Personal Interview (PI). Candidates who have completed their higher secondary education (10+2) with a minimum of 60% marks (55% for reserved categories) are eligible to apply. The IPMAT assesses quantitative ability, verbal ability, and logical reasoning skills. Shortlisted candidates based on their IPMAT scores are then called for a personal interview. The final selection is based on a composite score that includes IPMAT performance, PI, and past academic records. Successful candidates are offered admission to the five-year integrated program.

8. Are there any specific criteria for international students applying to IIM Indore?

International students applying to IIM Indore must meet specific criteria to be eligible for admission. They should have completed a bachelor’s degree with at least 50% marks or an equivalent CGPA from a recognized institution. They must also have a valid GMAT score instead of CAT. Proficiency in English is mandatory, and applicants may need to provide TOEFL or IELTS scores as proof. The application process involves submitting an online application, uploading necessary documents, and paying the application fee. Shortlisted candidates are invited for a personal interview, which can be conducted online for international applicants. Admission decisions are based on academic performance, GMAT scores, and interview performance.


Follow for more information Click Here

  • Ranking by NIRF : 8

Planning to take admission in 2024?

Connect with our college expert NOW!