IIM Indore: Fees Structure, Placements, Packages, Courses Offered

IIM Indore MBA College

Indian Institute of Management Indore has always been a leader in the Business Management Education field, working in collaboration with multiple industries, governments and PSUs. IIM Indore has a 193-acre campus situated atop a scenic hillock which provides an ideal backdrop for immersive and contemplative learning. The institution offers the latest teaching methodologies, rich learning resources, a strong IT backbone, a state-of-the-art sports complex and hostels, and modern infrastructure.

IIM Indore flagship programme is a Post Graduate Programme (PGP) in Management for a period of two years. It is a full-time, residential programme accredited by the Association of MBAs, London (AMBA—UK-based accreditation agency). It is also recognized by the Association of Indian Universities and is considered equivalent to an M.B.A. Degree. IIM Indore offers various interdisciplinary learning and research during its academic programmes. It also provides one-of-a-kind exposure to its students to help them advance their capabilities to solve real-life problems.

Here is a table representing some significant IIM Indore facts for your quick and clear understanding.

IIM Indore Placements

Indian Institute of Management Indore Placements of the last year for its PGP has been concluded, achieving a 100% placement record. With 579 participating students and 210 participating recruiters, IIM Indore highest domestic salary package was Rs. 41.50 LPA, and the highest international salary offered was Rs.56.80 lakhs per annum. The Indian Institute of Management Indore average package stood at Rs. 23.60 lakhs per annum, which is 3% more than the previous year's IIM Indore Placement.

Approximately 210 companies participated in the IIM Indore recruitment process, including BCG, McKinsey & Company, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Anheuser-Busch InBev, HUL, ITC, Marico, Amazon, Microsoft, Salesforce, General Electric, and Walmart Lab, Bank of America, DE Shaw, Deloitte, Everest Group, Genpact, Salesforce, Deutsche Bank.

Placements Process of Indian Institute of Management Indore

IIM Indore Placements follows a specific placement process to help top recruiters hire the most eligible students for the offered jobs. Here is how the placement process of this institute was conducted.

Step 1- Shortlisting Employer

As a standard procedure, the candidate must indicate three to five employers of choice. Employers are ranked in order of preference. If a candidate gets hired by the employer marked as number 1, they will not get an opportunity to sit for the other placement interviews.

Step 2: Inviting companies

The placement committee will begin to contact various companies in the placement process for hiring students. If they say yes, then they will be asked to share hiring numbers and skill requirements through Pre Placement Talks.

Step 3: Pre-Placement Talks

At the final placement process, companies are divided into different cohorts depending on which sector they belong to, according to which IIM Indore Placement Process is carried out. Students will attend different sessions of corporate presentations where the vision of a company, roles and responsibilities of a job and job profile are explained.

Step 4: Aptitude Test and Interview

The institute sets up an internal aptitude test mechanism, the results of which are shared with employers. Candidates selected in the aptitude tests are required to sit for the Interview rounds.

Step 5: Interviews and Group Discussions

Based on academic qualifications and resume and aptitude test results, candidates shall be selected for interviews and group discussions. While the first round of interviews concludes quickly, a candidate will have to face two more rounds. A group discussion round is followed by a last personal interview with the reporting manager and HR head.

Step 6: Selection and acceptance letter

If the company selects a candidate, they will be sent an employment letter. If they accept the offer (the job role and compensation), they will not be allowed to sit for any more interviews.

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IIM Indore Top Recruiting Companies

More than 210 companies participated in the recruitment process, and IIM Indore top recruiters on campus included BCG, McKinsey & Co., JP Morgan, Goldman Sachs, Morgan Stanley, AB InBev, HUL, ITC, Marico, Amazon, Microsoft, Salesforce, General Electric, and Walmart Labs amongst others. There were 40+ new recruiters at the Indian Institute of Management Indore in this final placements season.

*The statistics mentioned are not as per the official announcement and are as per the trend and feedback received from various sources.

Sector-Wise Placements at Indian Institute of Management Indore

If you look at IIM Indore Sector-Wise Placements, the Finance Sales & Marketing sectors recruited the maximum number of students. In contrast, the IT/Analytics sector has recruited the lowest number of students. The below table gives you an insight into IIM Indore Placements for all sectors.

IIM Indore Top Alumni Recruiters

IIM Indore has had a widespread Alumni Network working across various domains, sectors and countries. Of all the domains, the Alumni of this institute are working in the Business Development and Operations sectors share the top spot with 18% and 14% of alumni.

Domain-Wise IIM Indore Top Alumni Recruiters

Note the table below to get data on domain-wise Alumni Recruiters of Indian Institute of Managemen Indore.

IIM Indore Packages: Sector-Wise Salary Details

Indian Institute of Management Indore Placements of the last year saw Finance and Sales and Marketing Sectors topping the charts in terms of the highest salary packages. With an average package of INR 23.6 Lakhs per annum and the highest package of INR 56.80 Lakhs, IIM Indore Placements broke all previous year's records despite the current pandemic situation and slow economic growth condition. Below is the table explaining IIM Indore Sector-Wise Salary Packages offered by top recruiters.

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Indian Institute of Management Indore Placement Trends

The institute has done better than IIM Indore placements last year's trends, observing an average salary of Rs.23.60 LPA with 100% Placements. More than 210 recruiters, which include more than 40 first-time recruiters, showed interest in hiring for several roles across various sectors. Finance, Consulting and Sales & Marketing was the most preferred domains. Below is the table showcasing IIM Indore Placements Trends of previous years and the current year for your reference.

The authority has released the IIM Indore Placements Report of the last year, according to which the data are summarized below—

• The highest domestic salary and the international salary offered by the companies during the IIM Indore Placements were INR 41.5 LPA and INR 56.8 LPA, respectively.
• Finance, Sales & Marketing and Consulting were the top recruiting sector, with finance comprising 24% of the offers.
• The batch consists of a massive number of 579 students. The average domestic salary was INR. 23.6 LPA, observing an increase of 3% from the previous year.
• IIM Indore Placements of the last year witnessed 210 recruiters, out of which more than 40 recruiters, including Blue Star, NPCI, Paytm, PhonePe, TATA AIA, etc., came on campus grounds for the first time to hire for different roles. Amazon and Goldman & Sachs were the top recruiters. 120 pre-placement offers were also given.

IIM Indore MBA Fees: Course-Wise Details

The MBA fees of Indian Institute of Management does not include the refundable caution deposit for accommodation and mess. It also does not include medical insurance and any applicable taxes. Note the table below to get the course-wise total fees of IIM Indore.

IIM Indore Fee Structure

According to the Indian Institute of Management Fee Structure, candidates have to pay caution deposit, mess deposit and medical insurance premium over and above the IIM Indore MBA Fees for most of its postgraduate courses and IPM programme. For EPGP and PGPMX Mumbai, candidates must pay a sum of Rs. 1 Lakh as commitment fees at the time of acceptance of the provisional admission offer. For EFPMG and EFPM, candidates must pay Rs.80,000 as acceptance fees. This is non-refundable. For these courses, there are continuation fees of Rs. 25,000 for every 6 months of extension after the completion of 4 years. Below is a table that helps you reasonably understand the IIM Indore PGP Fee Structure.

IIM Indore PGP Fees Structure (Domestic Candidates)

Some Components of IIM Indore Fees may include the following.

• Tuition fees
• Computer facility charges
• Access to library charges
• Alumni Activity Fees
• Accommodation charges
• Other miscellaneous charges
• Internet charges
• Course material cost

IIM Indore Cut Off

Admission to many of IIM Indore's courses is based on the IIM Indore CAT Cut-Off score. Two types of cut-offs are released each year. They are the qualifying cut-off to shortlist candidates and the final cut-off or call cut-off. The final cut-off is always higher than the qualifying cut-off. Candidates are expected to clear both the sectional as well as the overall IIM Indore Cut-Off for admission to MBA programs. The final cut-off is calculated based on CAT and interview scores.

Course Wise Eligibility Criteria of IIM Indore

Indian Institute of Management Indore offers a plethora of courses. If a candidate does not meet one or more of the eligibility criteria set by IIM Indore Authorities, then their candidature is subject to rejection or disqualification. Here is a table that lays down details about IIM Indore Course-Wise Eligibility with respect to educational qualification for your glance reference.

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Online Courses Offered by IIM Indore

The Indian Institute of Management Indore online courses are designed with the aim of promoting digital learning, especially for working executives. The online courses are carefully structured to ensure a value-added learning experience for participating managers and enable them to develop a strong base of concepts. These programs offer a perfect blend of knowledge, experience, and training. IIM Indore is in the process of designing a Virtual Learning Program for Executives (VLPE) to address the need of industries during the pandemic situation. The courses are structured in online mode using appropriate technology-synchronised platforms. Programs are scheduled on weekends through two-way audio-visual communication. IIM Indore Courses online comprises Short Duration Programmes, Log Duration Programs and Custom Programmes.

IIM Indore Admission Process

The Admission Process at Indian Institute of Management Indore starts with filling the application form online. The steps of the IIM Indore Admission Procedure are given below. All candidates are advised to check the same before proceeding.

• Ensure you are eligible to apply for the course you want to pursue in terms of minimum education qualification, age, nationality etc.
• It is a must to have a valid score of CAT/GMAT/GRE/JRF/GATE as applicable before filling out the IIM Indore Online Application Form.
• Fill out the online application form with the correct personal and educational details. Upload the requisite personal and educational documents and pay the applicable IIM Indore Application Fees.
• For shortlisted candidates, WAT, GD, and PI rounds are conducted based on the course applied by the candidate.
• If you qualify for the WAT, GD and PI rounds and meet the cut-off scores for these rounds, your name shall appear in the final selection list.

Reservation Criteria of Indian Institute of Management Indore

IIM Indore Admission Reservation Criteria incorporates the norms given by Govt. of India. Candidates of different categories like SC, ST, OBC, PwD, and NC OBC must read the eligibility requirements carefully before applying. The details of the IIM Indore Admission Reservation Criteria are given below:

Scholarships Offered by IIM Indore

To provide eligible candidates with financial aid Indian Institute Of Management Indore extends certain financial assistance only to ensure that no deserving students are deprived of a proper education because of weak financial backgrounds. The Need-Based Financial Assistance (NBFA) at IIM Indore has laid down the requisite eligibility criteria for the candidates who want to apply for the IIM Indore Scholarship 2021. The details are explained below:

• All students of the (PGP), Integrated Programme in Management (IPM) and PGP HRM (PGPH) are eligible to apply for financial aid if the annual family income is below INR 9 Lakhs per annum.
• For application, eligible candidates must fill out the form acquired from the respective PGP/IPM office only.
• Candidates apply through any of the categories like SC or ST. EWS, and PwD but meet the annual income criteria may apply for NBFA.
• Participants who have applied through the EWS quota but secured a seat through general or any other quota are also eligible.

The following are the important criteria to be taken into consideration before applying for the IIM Indore scholarship.

• Incomplete Application forms will not be entertained. The forms should be completed in all respects and submitted along with the documents mentioned.
• The Director of IIM Indore is the Appellate Authority for NBFA.
• The Institute will verify the details mentioned in the Need-Based Financial Assistance application forms.
• The NBFA Committee will take the final decision to provide financial aid. No further request shall be entertained.

IIM Indore Infrastructure and Facilities

The infrastructure and facilities of this institute are fascinating. Below are some IIM Indore Infrastructure and Facilities details for your reference.

Academic Infrastructure

IIM Indore participants are trained and educated by excellent teachers, including visiting and regular faculty members. The Institute has efficient staff who take care of the Institute's administration. The academic facilities include:

1. Learning Centre (Library)
2. Computer Lab
3. Finance Lab
4. 28 Syndicate Rooms
5. 35 Lecture Theatres
6. 103 Faculty Cabins

Sports/Recreation Facilities

IIM Indore has a state-of-the-art Sports Complex, having the best sports facilities for both indoor as well as outdoor sports. They are

1. Badminton Courts
2. Basketball Courts
3. Gymnasiums
4. Swimming Pools
5. Volleyball Courts
6. Cafeteria
7. Cricket Stadium
8. Banquet Hall
9. Steam Bath Area
10. Sauna Bath Area
11. Lawn Tennis Court
12. Squash Court
13. Billiards
14. Table Tennis Court
15. Football Ground
16. Event Court
17. Cardio Zone Area
18. Meditation, Aerobics and Yoga Room

Residential Infrastructure

Several residential facilities include Hostels for students and Quarters for staff and faculty. These include:

1. FPM Participant's Hostel
2. Married Student's Hostel
3. Student Mess Blocks
4. Executive Residences
5. Canteens
6. Student Residences
7. Student Common Rooms
8. Staff Quarters
9. Faculty Quart

Healthcare & Other Facilities

IIM Indore has other daily needs facilities, including

1. Medical Centre with Ambulance Facility
2. Post Office
3. Community Centre

Mess Facilities

The mess facilities and round-the-clock canteen facilities with vegetarian and non-vegetarian food are also available to the students.

IT Infrastructure

1. 10G fibre backbone connectivity to all the Departments and Blocks
2. Every hostel room has a dedicated LAN connection on the Institute's network to provide 24x7 access to resources on the internet.
3. The wireless network is also enabled in the Faculty Block, Class Rooms, Library, MDC, Hostel Blocks etc.
4. Institute has 1 GBPS internet link from NIC under the National Knowledge Network project and 750 MBPS from Ishan Netsol Pvt. Ltd.