IIM Indore | IIM - I Programmes, Eligibility Criteria, Rankings, Scholarships & Placements

Founded in 1996, the Indian Institute of Management Indore (IIM-I) is one of the top MBA colleges in India. It was the sixth addition to the IIM family, which started with IIM Calcutta in 1961. The institution was set up by the Department of Higher Education of the HRD Ministry of the Government of India to provide quality business education that can be considered at par with the best in the world. Please refer BYJU’S CAT College Predictor tool.

In this Article,

• IIM Indore Highlights
• Programmes Offered at IIM Indore
• IIM Indore Rankings and Accreditations
• IIM Indore Scholarships
• List of Prominent IIM Indore Alumni
• IIM Indore Campus Life
• IIM Indore Average Package & Placements
• How to get into IIM Indore

Among India’s fastest-growing colleges, IIM Indore has seen considerable growth in recent years in terms of new faculty and programme introductions, as well as infrastructure enhancements. IIM-I has two facilities in India, one in Indore and another in Mumbai.

IIM Indore Highlights

With regard to several management initiatives, IIM Indore has always been at the forefront. Students at IIM Indore are exposed to a methodology that integrates data, information, and techniques from diverse disciplines that promotes integrative learning and training. Here are some of the highlights of IIM Indore.

Features	IIM Indore
Official Website	www.iimidr.ac.in
Address	Prabandh Shikhar, Rau Pithampur Road, Indore, Madhya Pradesh 453556
Logo
Motto	“Siddhi Moolam Prabandhanam” -‘the root of all achievement is management’.
Year of Establishment	1996
Rankings & Accreditations	EQUIS, AACSB, AMBA

Programmes Offered at IIM Indore

IIM Indore offers a variety of post-graduate management programmes for bachelor’s degree holders, experienced professionals, and working executives. The PGP Programme, IPM Programme (Integrated Five-year Programme), EPGP Programme (for experienced professionals), PGPMX Programme (for working executives, Mumbai campus), GMPE Programme (for working executives, Indore campus), and numerous online programmes are among the management programmes offered by IIM Indore. The institute partnered with over 40 international institutions, establishing multiple Memorandums of Understanding for student and faculty exchange. The IIM Indore MBA admission criteria, various programmes offered, and IIM Indore executive education courses are shown below.

IIM Indore Rankings and Accreditations

IIM Indore proudly gained the milestone of Triple Accreditation of EQUIS, AMBA, and AACSB, achieving the ‘Triple Crown’ in the year 2019-20. Listed below are the rankings of IIM Indore.

IIM Indore Scholarships

Need-Based Financial Assistance

• IIM Indore provides financial support to qualified participants in need of financial assistance. The Need-Based Financial Assistance (NBFA) programme assures that no student is denied access to IIM Indore because of financial constraints.
• Financial assistance is available to all participants in the Post-Graduate Programme in Management (PGP), PGP HRM (PGPH), and Integrated Programme in Management (IPM) who have an annual family income of less than INR 9, 00,000.
• The number of awardees and the amount of aid are assessed in two steps by the NBFA Committee. The actual NBFA provided would be a percentage of the institute’s maximum amount of financial support for the year.
• This would be determined on an annual basis. The percentage would be determined depending on the participant’s family’s income and assets, and disciplinary records are also taken into account.
• Then, based on the first stage’s results, qualified applicants are invited for a personal interview with the NBFA Committee.
• During this interaction, the NBFA Committee evaluates a participant’s financial needs and verifies the accuracy of the information provided. Financial assistance is granted based on the results of the above process.
• Participants who applied for a seat through the EWS quota but were selected through the general quota or any other quota are eligible for the NBFA. Any person who has applied to the SC, ST, OBC, or physically handicapped quota system and meets the eligibility criteria is eligible for the NBFA.

Scholarships offered by IIM Indore for PhD candidates

• FPM candidates receive a stipend of Rs.30,000/- (Rupees Thirty Thousand only) per month for the duration of their course work (Terms I, II, III, and IV) and Rs.35,000/- per month after passing the comprehensive examination according to the institute’s standards. They are eligible to receive a stipend for a maximum of 4 years and nine months).
• FPM students will be given a contingency grant of Rs.25,000/- each year for four years to support their research which is subject to the programme’s rules. The institute provides financial assistance to present papers at national conferences, up to a limit of Rs. 30,000/- per year per conference, with a provision that starts the second year for attending one or more conferences per year.
• The institute subsidises expenses for international conferences up to a limit of Rs. two lakhs, with the option of attending a maximum of two international conferences, as well as an international doctoral colloquium or an international professional development workshop, over the course of the five-year programme.

List of Prominent IIM Indore Alumni

• Hussain Haidry- Lyricist, Poet, Writer
• SP Siddharth Kaushal – District Superintendent of Police
• Siddharth Sethi – CEO& Co-Founder, InfoBeans Technologies

IIM Indore Campus Life

A 193-acre campus perched atop a spectacular landscape offers the perfect environment for contemplative learning at IIM Indore. The institute has outstanding architecture, structural designs, and facilities with breathtaking views. The institute is situated on a scenic hilltop. IIM Indore’s infrastructure facilities have expanded at an extraordinary rate. Participants, faculty, and staff at the institute have access to world-class lecture theatres, well-equipped gymnasiums, and comprehensive sports facilities. Among all the B-Schools in India, IIM Indore has, without a doubt, one of the most breathtaking campuses. With the best teaching aids and extensive learning resources, a strong IT infrastructure, a top-class sports complex and hostels, and its state-of-the-art infrastructure, IIM Indore stands out from the rest.

IIM Indore Learning Centre facility

• The IIM Indore Learning Centre (LC), with its technologically advanced collection of knowledge-based resources and reliable and innovative services, plays an important role in the academic pursuits of faculty and the student community. It is a hybrid library with technological applications that houses knowledge resources primarily related to management and subjects.
• The resources, including CD-ROM and online databases, are accessible through the institute’s network. The LC offers various information services that adhere to the highest standards of excellence to aid in the learning process.
• IIMI Library is a member of the IIM Consortia and the INDEST Consortia. A major objective of the Learning Centre is to establish a cutting-edge knowledge resource centre covering management and related topics. In order to meet the information needs of the institute’s academic community, it provides appropriate knowledge resources.
• The IIM-I Library has a large collection of books on management topics. At the library, you can find more than 15,000 books, 425 Indian and foreign journals, and more than 1,000 e-journals.

Sports/Recreation Facilities

IIM Indore has a sports complex with the best sports facilities for indoor and outdoor sports. The sports complex includes the following amenities:

• Room for Meditation, Aerobics, and Yoga
• Cardio zone
• Banquet hall
• Event court and cricket ground
• Football field
• Cafeteria
• Volleyball courts
• Table tennis court
• Billiards
• Two pools
• Squash court
• Gyms
• Lawn tennis court
• Basketball courts
• Sauna bathroom

The institute has engaged the services of certified fitness instructors who provide cardiovascular training, strength training, flexibility training, yoga, and aerobics training. They also offer personalised training sessions based on students’ needs and goals. Swimming programmes are planned and developed by skilled and experienced swimming instructors to benefit as many IIM Indore community members as possible.

Hostels

• IIM-I has 18 hostels. For the One-Year Full-Time MBA(EPGP), a separate hostel with a capacity of approximately 200 students was established.
• Every hostel room has a dedicated LAN connection to the institute’s network, allowing 24/7 access to internet resources. A wireless network is also available in the faculty block, library, classrooms, MDC, hostel blocks, auditoriums, sports complexes, and other areas. Each hostel block has a common room with amenities such as wall-mounted televisions with DTH connections, table tennis tables, dart games, and carrom and chess games. Each block has a square in the centre where basketball/badminton courts with artificial turf are maintained, with some blocks also having lawns in the square.

Water coolers and purifiers are installed in each block. Individual rooms are fully furnished with cots and mattresses, a computer table, chairs, closets, and shelves. All rooms have full-time internet access and direct lines to the main LAN. Housekeeping staff are available to clean the rooms, corridors, and restrooms daily throughout the week.

Academic Infrastructure

Participants at IIM Indore are trained and educated by excellent teachers, including visiting and permanent faculty members. The institute also has efficient staff members who handle the institute’s administration. Among the academic facilities are

• The learning centre (Library)
• Finance lab
• Syndicate rooms
• Lecture halls

The lecture theatres/classrooms have a linear seating arrangement, and MDP classrooms are furnished with round tables. All classrooms are air-conditioned and fully equipped with the most up-to-date teaching aids. The institute also has two auditoriums, one of which includes an amphitheatre. The old auditorium has 300 seats, while the new auditorium, located at the sports complex, has 800 seats.

Residential Infrastructure

• Hostels for all students and staff and faculty quarters are available on the IIM Indore campus. The FPM participant’s hostel, the married student’s hostel, student mess blocks, executive residences, canteens, student residences, student common rooms, staff quarters, and faculty quarters.
• On campus, all students have access to single/twin-sharing housing, with separate blocks/floors for men and women. The hostel blocks are elegant and aesthetically designed.

Mess Facilities

• Students have access to a dedicated mess and a canteen that serves vegetarian and non-vegetarian food round the clock. Other snacks and soft drinks are available in the mess. Aside from the regular mess, a night canteen is open from 11 p.m. to 5 a.m. Aside from that, JAM—a students’ initiative that provides fresh fruits and juices, among other things—is available on the hostel premises.

Other Amenities

The institute provides a variety of other daily necessities, such as a medical centre with ambulance service, post office, community centre, and State Bank of India’s E-Corner, aside from a bank and two ATMs on campus. The State Bank of India (SBI) E-Corner has all advanced banking facilities, such as Internet Kiosk Banking, Cash Deposit Machine, ATM, and SWYAM for printing passbooks at one’s leisure.

Accommodation & Office Space for FPM Students

• IIM Indore Fellow Programme is a fully residential programme, and all FPM participants are required to stay in the hostel unless exempted. FPM participants are given bachelor accommodations. There are a limited number of married accommodations available for participants and their spouses.
• All candidates have access to office space in a dedicated space with a LAN connection and Wi-Fi. There are also designated mess areas and basic medical and entertainment facilities.

IT Infrastructure

• IIM Indore has a high-speed and sturdy computer network with over 4500 nodes. A 10G Fibre backbone connects all blocks and departments.
• A superfluous gigabit fibre backbone connects all of the hostels, faculty blocks, administrative blocks, classrooms, MDP block, library, seminar hall, sports complex, and other facilities.
• All blocks are linked via layer two and layer three switches to provide user connectivity.

Mumbai Campus

Prof. Himanshu Rai, Director of IIM Indore, inaugurated the new campus on November 16, 2021. Over 20,000 square feet, the new campus includes seven classrooms, two board rooms, one meeting room, one studio room, one recreation room, and one cafeteria. The campus library contains 700 books and 2.5 e-books, and a large database with access to the IIM Indore campus library.

IIM Indore Average Package & Placements

Despite the economic slowdown, the number of roles and profiles offered by companies and the consistent increase in the average CTC year after year exemplify that IIM Indore sets the stage for a mutually beneficial relationship between participants and students. Let’s take a closer look at IIM Indore’s final and summer placement records.

IIM Indore Summer Internship 2021-2023

The Summer Placement Process for the MBA Class of 2021-23 was successfully completed by IIM Indore. For the 2021-2023 batch, there were 150+ recruiters and more than 30 new recruiters. Recruiters offered positions from a variety of industries, including IT & technology, automotive, real estate, BFSI, consulting, manufacturing, e-commerce, healthcare engineering, media & entertainment, and telecommunication.

IIM Indore Summer Internship 2020-2022

Distinguished recruiters offered internships in a variety of fields for the 2020-22 batch. The institute outperformed the previous year, with a 7% increase in the average stipend offered. 190+ recruiters took part in the recruitment drive, offering positions in industries such as automobiles, banking and finance, consulting, e-commerce, energy, FMCG, infrastructure and real estate, healthcare, pharmaceuticals, technology, media, and telecommunications. Boston Consulting Group, Axis Bank, HSBC, ACT Fibernet, BlackBuck, MX Player, Cipla, Amazon, Hexawareand, Lubrizol were some of the prominent recruiters.

IIM Indore Summer Internship 2019-2021

Amidst unprecedented times, IIM Indore successfully completed the summer placements for the batch of 2019-2021. Students were offered internships in a multitude of domains like e-commerce, FMCG, consulting, healthcare, pharmaceuticals, technology, media, automobiles, etc. Prominent recruiters were Deloitte, Axis Bank, HSBC, Goldman Sachs, HUL, Philips, Marico, Nestle, L & T, Michelin Tyres, etc.

IIM Indore Final Placements 2020-2022

An increase of 6% was seen in the IIM Indore final placement process for the MBA Batch 2020-2022. A total of 100% placements were achieved, of which 34% were female, and 66% were male candidates. There were 30+ first-time recruiters offering roles across diverse industries like pharmaceutical, healthcare, analytics, media & telecom, finance, FMCG, energy, e-commerce, consulting, etc.

IIM Indore Final placements 2019-2021

More than 210 companies participated in the 2021 placement drive for the 2019-2021 batch. There were 40+ first-time recruiters offering roles across diverse industries like healthcare, pharmaceutical, media & telecom, FMCG, energy, e-commerce, consulting, etc. The 22nd batch of the PGP Programme in IIM Indore recorded the highest salary of INR 41.5 LPA. Some of the prominent recruiters were Boston Consulting Group, MXV Consulting, Everest Group, Axis Bank, HSBC, ICICI Bank, SBI General Insurance, JSW Group, Jubilant food works, etc.

IIM Indore Final placements 2018-2020

Holding a place for itself as one of the top B-schools in the country, IIM Indore successfully completed the final placements for the 21 PGP batch. There were a total of 578 candidates from the PGP batch, Dual Degree batch and PGP Mumbai students. The number of pre-placement offers was 135. There were 160+ recruiters for this batch of placements. Some of the prominent recruiters were Boston Consulting Group, Deloitte India, Ernst& Young, HDFC Bank, Nomura, Kotak Bank, Amazon, American Express, Hindustan Unilever, Kohler, L’Oreal, etc.

How to Get into IIM Indore

• The admission process of IIM-I for Post Graduate Programme in Management (PGP), starts with the CAT examination.
• There are a few other rounds of evaluation after a candidate successfully clears the CAT exam before final admission.
• The score of the GMAT is taken into account in the case of Non-residential Indians (NRIs). Admission to the Executive Post Graduate Programme in Management (EPGP) programme is also based on the GMAT examination. Executives with a minimum of 5 years of work experience can apply for this course.

The rising number of registrations every year reminds the fact why an MBA degree is important. Thousands of aspiring management aspirants appear for the CAT every year, but only a handful succeed in getting into premier institutions like IIM Indore. Our complete CAT preparation module, taught by the best mentors in the country, will make sure that there is no gap in your CAT 2023 preparation.