Indian Institute of Management (IIM) Indore, established in 1996, is the sixth IIM in India and is recognized as an Institute of National Importance. Located on a scenic hilltop in Indore, the institute has made significant strides in management education and is accredited by prestigious organizations like AMBA and AACSB.
As of 2024, IIM Indore is ranked 8th in the NIRF Management category and is highly regarded in other rankings, being placed 5th and 6th by Outlook and Business Today, respectively. The institute offers a variety of programs, including the Postgraduate Programme in Management (PGPM), Postgraduate Programme in Human Resource Management (PGP-HRM), and an Integrated Programme in Management (IPM), among others. Admission to these programs typically requires candidates to clear the CAT exam.
IIM Indore boasts a robust placement record, with a median salary of INR 24.09 LPA for the 2023 batch, and over 160 recruiters participating in placement drives. Notable companies include Amazon, Google, and JP Morgan. The campus facilities include modern classrooms, a well-stocked library, sports facilities, and hostels for students, ensuring a comprehensive educational environment conducive to learning and personal growth.
Particulars | Statistics |
Establishment Year | 1996 |
Campus | Indore |
Recognized by | Association of Indian Universities (AIU), AMBA and AACSB |
Rankings (as of 2023) | 8th by NIRF 2024, 5th by Outlook 2023, 6th by Business Today 2023 |
Collaborations | Collaborates with various international institutions and organizations for academic exchange and research opportunities |
Indian Institute of Management – [IIM], Indore: MBA/PGDM Course and Fees 2024
IIM Indore offers the following MBA/PGDM courses for the 2024 academic year:
Course | Duration | Average Fees |
Postgraduate Programme in Management (PGP) | 2 years | ₹17.3 – 35 lakhs |
Postgraduate Programme in Human Resource Management (PGP-HRM) | 2 years | ₹17.3 – 35 lakhs |
Integrated Programme in Management (IPM) | 5 years | ₹35 lakhs |
Executive Post Graduate Programme in Management (EPGP) | 15 months – 2 years | ₹7.5 – 17.6 lakhs |
FAQs on Course and Fees 2024
1. What is the total fees for IIM Indore MBA?
The total fees for the MBA program at IIM Indore for the 2024 batch is approximately INR 21.17 lakhs for domestic students. This amount includes tuition, alumni fees, medical insurance, and other associated costs.
2. What is the fees of PGDM course in IIM Indore?
The fees for the Postgraduate Programme in Management (PGPM) at IIM Indore range from INR 17.30 lakhs to INR 35 lakhs, depending on various factors. This fee structure includes course fees, alumni fees, and other expenses incurred during the program.
3. What is the fees for IIM Indore MBA?
The fees for the MBA program at IIM Indore is around INR 21.17 lakhs, which covers the entire two-year duration. This total includes various components such as course fees, caution deposits, and mess deposits, ensuring comprehensive coverage of student expenses.
The admission process for the Indian Institute of Management (IIM) Indore for 2024 is structured and competitive, primarily based on entrance exam scores. Here’s a step-by-step guide to the admission process for management courses:
Important Admission Dates for 2024:
Event | Date |
Release of CAT Notification | July 30, 2024 |
Application Process Begins | August 1, 2024 |
Last Date for Application | September 13, 2024 |
Admit Card Release | November 5, 2024 |
CAT Exam Date | November 24, 2024 |
CAT Result Announcement | Second week of January 2025 |
FAQs on Admission Process and Important Dates 2024
1. What is the last date for IIM Indore 2024?
The last date to submit applications for IIM Indore for the 2024 academic year is September 13, 2024. This deadline is crucial for candidates wishing to apply for the MBA program through the CAT examination.
2. What is the last date for IIM admission 2024?
The final date for admissions to IIM Indore for various programs in 2024 is also September 13, 2024. This date marks the end of the application submission period for the CAT exam, which is essential for MBA admissions.
3. What is the admission process for IIM Indore?
The admission process for IIM Indore involves registering for the CAT exam, completing the application form, and appearing for the exam. Candidates who qualify will then be invited for further selection rounds, including a Written Ability Test (WAT) and Personal Interview (PI).
4. Who is eligible for IIM Indore MBA 2024?
To be eligible for the MBA program at IIM Indore in 2024, candidates must possess a bachelor’s degree with at least 50% aggregate marks. Additionally, they must register and appear for the CAT exam, achieving a competitive score to qualify for the next stages of the admission process.
The Indian Institute of Management (IIM) Indore witnessed a successful placement season in 2023, with 160 recruiters offering employment opportunities to 568 students across its Post Graduate Programme (PGP) and Integrated Programme in Management (IPM). The average package for the PGP batch stood at INR 30.21 LPA, marking a 20.8% increase from the previous year, while the median CTC reached INR 27.2 LPA, a 12% rise.
The highest package offered during the placement drive was an impressive INR 1.14 LPA, a significant 132.6% jump compared to the previous year. Consulting emerged as the most sought-after profile, attracting nearly 30% of the batch. Students were offered a diverse range of roles, including asset management, corporate banking, counterparty risk, credit risk, equity and derivatives trading, equity research, financial advisory, financial reporting, financial strategy and operations, and fund advisory.
FAQs in Placements 2023
1. What is the final placement of IIM Indore 2023?
IIM Indore achieved 100% placement for its PGP and IPM batches passing out in 2023, with over 150 recruiters visiting the campus and placing 594 students. The institute witnessed a 132.6% rise in the highest package compared to the previous year.
2. What is the highest package of IIM Indore 2023?
The highest package offered during IIM Indore placements 2023 was an impressive INR 100 LPA, a significant jump from the previous year’s highest package. The average package for the PGP batch stood at INR 25.68 LPA, marking a 20.8% increase from the previous year.
3. What is the placement of Indore in 2024?
According to the NIRF 2024 rankings, IIM Indore ranks #8 under the category ‘Management’. The institute has also secured the #9th position in the IIRF ranking for 2024 and the #89th rank in the FT Global MBA Rankings 2023.