Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
What is the total annual expense of IIM Indore IPM Programme?
The IPM fee structure is different for domestic and international students.
As per the latest update on 16th June 2023, a resident Indian student is charged Rs. 5 Lakhs per year as course fee, for the first three years of the IPM program. Rs. 711 is payable per year as medical insurance premium, and Rs. 54,000 is payable each year as mess deposit.
Rs. 50,000 is payable in the first year as a refundable caution deposit. This amount is refunded on completing 5 years of IPM. This brings the grand total to Rs. 5,54,711 per year (Rs. 6,04,711 for 1st year). As for the 4th and 5th year, the fee will be charged on the basis of the updated PGP fee structure for the 2026-2028 batch. As for now, the course fee for the same is Rs. 10 Lakhs per year.
This is the breakdown of the present IPM course fee at IIM Indore. You can visit the official website of IIM Indore for more details.
Are the job profiles offered at MDI Gurgaon on par with IIMs like LIK, not ABC? How much effort does one have to put into his future to get on par with the IIM graduates if one graduate from there?
IIML is clearly superior to MDI in non-marketing specializations in terms of placement. However, IIM I, K, and MDI are generally equal in terms of placements, except for a few banks that specifically seek out the IIM tag at I&K. If you work equally hard at either campus and all other operational factors are constant, you will likely end up in a similar position whether you choose MDI or I or K. However, as mentioned before, IIML still has the edge and requires more effort if you're in the finance or consulting field.
If you're interested in MDI, it's worth noting that recent placement reports show more and more prestigious finance and consulting companies are visiting the campus. This has helped MDI deliver well-rounded placements. So, if you're willing to put in the work, MDI could be a good option for you.
Which book is best for preparation of the IIM Indore IPM?
To get admission to IIM Indore, you have to clear the CAT exam successfully and it is considered one of the toughest exams in India. But here are the names of some of the best books which will be very helpful for the preparation for the CAT exam.
Pearson's IPMAT Book :
- This is a very popular book for IPMAT. It is one of the oldest books for CAT preparation and it also includes analysis of past year patterns.
- The latest version of this book would be more refined and will have some more valuable information that will be needed for your preparation.
Arun Sharma :
- This book is very popular for CAT quant preparation.
- The first two levels of this book can also be used for IPMAT quant preparation.
Maths NCERT Book :
- This book is very underrated as many students don't give much importance to this book.
- But this book is very important for your maths preparation.
- There will be many questions in the exam based on this book.
Others :
- Apart from these books, also go through some coaching materials such as TIME's career launcher, online coaching videos as these include valuable information.
- Practice previous year’s question papers as this will give you an idea of how tough the exam is going to be.
Hence, these are some of the important books which will be very important for your CAT preparation. If you go through all these books then you will surely clear the CAT exam and get admission to IIM Indore.
How many students are selected for IPM IIM Indore interview?
Almost over 15000 apply for the IPM program at IIM Indore. For each seat, you will be competing with 10 students at least. In 2018, 15901 students had applied and only 886 students were shortlisted for the interview round.
To get selected, you will have to give an aptitude test along with a WAT and then appear for a personal interview round. All these tests will evaluate you as a person and not just your knowledge and skills.
If you are applying for this course, you should have a plan B in case you don't get selected as no other IIMs offer this college. Very few students get selected for the IPM IIM Indore course as the selection criteria for this course is very difficult and you have to be very good at academics to get selected in this course.
What are the hostel facilities provided at IIM Indore?
Both the hostels as well as campus at IIM Indore are really beautiful. But you will not get the time to enjoy it if you are really focused on your studies.
Hostels at IIM Indor are 10-15 blocks named alphabetically. Each block has 3-4 floors and each floor has 4 common washroom facilities. Some blocks are old while some are relatively new with better facilities. You don’t get to choose your hostel rather its chosen through a chit system.
- There are single occupancy rooms with a bed with mattress, a wardrobe, table and a chair.
- Wi-Fi and LAN facilities are available.
- A General Store run by students named Pi-Store will have all the necessary items you require
- A vendor mess facility for everyday meals is available
- There is a swimming pool, gym, tennis court and a huge library
So the hostels at IIM Indore are decked with amazing facilities and will make your stay memorable and comfortable.
Which college should I join, SJMSOM or NITIE or IIM-I?
After doing some research on the internet, I would say that NITIE, SJMSOM, and IIM-I have their own pros and cons.
- Students with good academic records prefer to join IIM Indore rather than NITIE and SJMSOM.
- But there will be more opportunities available during the summer placement in NITIE and SJMSOM.
- In order to get a good placement in the final year, you must convert the opportunity into PPO/PPI.
- If you are more inclined towards marketing and finance then IIM Indore will be good for you, as it will provide better opportunities than NITIE and SJMSOM.
- If you are passionate about Supply chain and Operations then NITIE is the place to be.
- NITIE being in the financial capital of India offers a location advantage as compared to IIM Indore.
The below table can provide you with the basic information about them.
| Category | NITIE | SJMSOM | IIM Indore |
| Recruiters | Dabur, ITC, Johnson & Johnson, Marico, etc. | Amazon, Deloitte, Cadbury, Axis Bank, etc. | Abbott, Flipkart, Network18, Accenture, etc. |
| Average CTC | INR 20.88 LPA | INR 21.96 LPA | INR 23.6 LPA |
| Lowest CTC | INR 20.7 LPA | INR 22.00 LPA | INR 6.00 LPA |
| Highest CTC | INR 58.2 LPA | INR 32.80 LPA | INR 41.5 LPA |
Therefore, choosing NITIE, SJMSOM or IIM Indore depends on you and in which field you want to make your career. It will be completely your decision, so play along your strengths.
The fees of the IPM course at IIM Indore are too high. What is an alternative?
The total fees for IPM are nearly 20 lacs, but the returns will also be equivalent to the invested amount. You will be getting an IIM Degree and a chance to study with some of the best brains in the country.
There are many banks that will finance your education. Banks usually provide full education loans for students. Canara bank provides a full educational loan without any collateral. There are some scholarships as well such as the NBFA scholarship that are given to students of IPM.
But it is important to remember that the course will make them a better future if the candidate is ready to work hard and conquer all the challenges.
Which program is better, PGP HRM at IIM Indore or PGPM at IIM Sambalpur?
A specific program at one IIM cannot be compared to a general program at another IIM.
In any case, you shouldn't think about enrolling in a course at IIM Sambalpur. It is too recent and has no prior performance. Additionally, given its location, it won't even draw in top faculty. Instead of IIM Sambalpur, you would be much better off attending some high-quality non-IIM colleges.
The best institute for HR professionals is currently XLRI, followed by TISS, Mumbai. Considering that IIMI is one of the top IIMs and has a brand-new HR program, your learning and employment prospects are both promising. However, make sure you enjoy HR. It is practically impossible to later switch out of HR once you are in it.
Is IIM Indore on a decline?
IIM Indore had a few temporary setbacks, but it’s in no way on a decline in terms of the rigor of its PGP program. In past, IIM Indore used to be compared with IIM Lucknow, which is not the case anymore. The institute is in a developing phase due to some of the changes that were implemented by the administration. These changes include the IPM program and the Mumbai campus.
IIM Indore IPM program started with the intention to take in fresh minds, right out of school, and build management skills during a period of 5 years. This program was intended to make the journey to MBA less condensed and more meaningful. However, to cut down the fees, IIM Indore combined this course with the PGP program during the last two years. This affected the differentiation, the 5-year IPM program intended to have. As a result of this combination of courses, IPM students get more or less the same education as PGP. They also face more challenges in the industry due to their lack of work experience and a prestigious undergraduate degree. IPM students get an IGNOU degree after completing 3 years of their course. IIM Indore PGP program also suffered, due to the increased batch size. But IIM Indore IPM program is still in the nascent stage and despite the setbacks, it has shown great promise.
After the IPM program started, IIM Indore decided to establish a campus in Mumbai. The intention was to cater to working professionals who want to do part-time MBAs based out of Mumbai. The location was strategically chosen to attract reputed guest lecturers from the corporate epicenter of India. This decision didn’t yield the desired result. Since many Ivy schools like Harvard already run executive MBA classes from Mumbai.
Although these decisions were made with good intentions, they resulted in setbacks rather than the desired acceleration in growth. IIM Indore has been raked below tier 2 B-Schools for the last couple of years as these decisions became taxing from the administrative and economic viewpoint. But these setbacks are temporary. Currently, these programs started to build up momentum, independent of the flagship program. You can definitely expect the institute to thrive in near future.
How IIM Indore is better than other IIMs?
After ABC LK, IIM Indore is ranked seventh among all IIMs in the NIRF India Rankings 2022. It is comparable to K, but because there are more seats, it can be challenging to get a good spot. However, achieving 100% placement is possible. You can anticipate a call at the 98+%ile if you have very good grades in both the 10th and 12th grades.
If not, not even at the 99%ile, can one receive a call from IIM Indore. The city is expanding quickly. It is one of the best cities in India for students because transportation is easily accessible.
SUBSCRIBE TO OUR NEWS LETTER
