INDIAN INSTITUTE OF MANAGEMENT [INDORE]

What makes the Indian Institute of Management stand out from other Business Schools?

INDIAN INSTITUTE OF MANAGEMENT [INDORE] is India’s most prestigious business school. It is well-known for its outstanding faculty, high-quality education, concentrated learning, commitment to excellence, and innovative educational approach. But what distinguishes it from other business schools?

This article will discuss the key characteristics that distinguish the Indian Institute of Management.

Overview of the Indian Institute of Management

IIM Indore, also known as the Indian Institute of Management Indore, is one of India’s more established IIMs. IIM Indore, founded in 1996, is known for its picturesque campus, the largest batch size among all IIMs, and its domain expertise faculty. In India’s Top MBA Colleges, IIM Indore is ranked 12th by IIRF 2023, 7th by NIRF 2022, and 5th by Outlook-ICARE 2022. The Institute was also ranked 89th in the FT Global MBA 2023 Rankings.

PGP is the flagship program at IIM Indore. Admission to the program is based on CAT scores, followed by a Written Ability Test and a Personal Interview. IIM Indore had the highest package of INR 49 LPA and the lowest package of INR 25.01 LPA.

IIM Indore aspires to be a contextually relevant business school with world-class academic standards, producing socially conscious managers, leaders, and entrepreneurs. IIM Indore is committed to excellence in management education, research, and training; contemporary participant-centric pedagogies and teaching methods; and the development of new management education programs—a presence in emerging management education segments.

IIMI is more than a university; it is a community of people from various cultures and nationalities who live, work, and play together, united by their similarities and enriched by their differences.

The Institute is concerned with-

We encourage high-quality research, distinctive and practical teaching, and meaningful contributions to knowledge creation in various disciplines.

We educate and nurture leaders of institutions and entrepreneurial organizations, assisting them in developing high-quality talent and value.

They influence policy and practice through ongoing engagement with alums and prominent stakeholders, decision-makers, and leaders in government, business, and non-governmental organizations.

Eligibility, courses & fees

The flagship PGP program at IIM Indore costs INR 21.14 lakhs. IIM Indore also has an IPM, an Executive Program, and a Doctoral Program. The following are some of the courses offered by IIM Indore:

PGP/MBA[Post Graduate Programme in Management]

Fees – 21,14,222INR

Eligibility – Bachelor’s Degree, CA, CS, ICWA, or FIAI with a minimum of 50%, or students in their final year of study.

Criteria of selection – CAT Scores + Personal Interview + Academic Scores + Diversity

Duration – 2 years

Seats – 485

EPGP[Executive Post Graduate Programme in Management]

Fees – 21,11,800 INR

Eligibility – 4 Year Bachelor’s Degree with 50% Marks OR 50% Marks in a 3-Year Bachelor’s Degree plus 50% Marks in a Master’s Degree OR 5 Year Integrated Program with 50% Marks and 5 Years of Work Experience

Criteria of selection – GMAT Scores + Personal Interview

Duration – 1 year

IPM[Integrated Programme in Management]

Fees – 15,00,000INR

Eligibility – Passed 10+2 with 60% Marks

Criteria of selection – IPMAT Scores + Aptitude Test + Personal Interview

Duration – 5 years

Seats – 150

FPM [Fellow Programme in Management]

Eligibility – Master’s Degree or 5-Year Integrated Master’s Degree with 60% marks OR Postgraduate Diploma with 60% marks OR CA, ICWA, and CS with 50% marks with a B.Com. Degree with 60% marks OR 4-Year Bachelor’s Degree with a 6.5 CGPA OR Students in their final year of graduation with 60% marks in 10th and 12th grades

Criteria of selection – CAT / GMAT / JRF Scores + Personal Interview + Academic Scores + Statement of Purpose

Duration – 4 years

Seats – 30

Distinguishing Feature of IIMI

The IIM Indore Hillock Campus spans 193 acres. The campus is scenically beautiful, with fantastic architecture, structural designs, and facilities. The campus includes a well-equipped gymnasium, expanded sports facilities, world-class lecture theatres, a computer and finance lab, sports and recreation facilities, and hostel blocks.
IIM Indore Hostel has separate blocks for girls and boys, each with a single room. Teak cots and mattresses, a computer table, chairs, closets, and shelves are provided in the individual rooms. Every room has a LAN connection. Every day, rooms, corridors, and restrooms are cleaned.
The Learning Center is another IIM Indore Library (LC) name. The library has an extensive collection of books, print journals, and magazines, as well as a diverse collection of electronic collections such as e-journals, e-books, online databases, and CD-ROM collections, among other things. All are accessible via the network and WiFi of IIM Indore. The library is open Monday through Saturday from 9 a.m. to 5:30 a.m. It is open from 2 p.m. to 10 p.m. on Sundays.
The dining hall serves both vegetarian and non-vegetarian meals.
Subscriptions are available for indoor and outdoor games, recreation activities, and gymnasiums for you and your family.
On campus, a dispensary with resident doctors, including a gynecologist.
A State Bank of India branch has an Axis Bank ATM.
On campus, there are several food cafes.
Parking is available. You can bring your vehicle to campus if you enjoy driving around the city or region during your breaks.

Faculty and Academic Resources at IIMI

IIMA’s faculty consists of distinguished business educators with extensive knowledge and expertise in business and management studies from prestigious institutions such as IIM.

The college strives to create an intellectually stimulating environment emphasizing experiential learning, holistic development, practice-oriented teaching, and research.

Furthermore, to prepare students for business success, IIMA provides various activities outside traditional classroom learning, such as seminars, workshops, industrial visits, and interactive sessions with eminent businesspeople. The School of Management is one of the best institutions for those interested in a career in business and management, with experienced faculty and a curriculum designed to complement industry trends.

Faculty members are accomplished and qualified professionals from prestigious institutes and industries such as IIM, IIT, NIT, and XLRI.

Placement & Rankings

Final placements at IIM Indore begin in the second week of January, while summer placements begin in the first week of October, following the completion of the first year. Some of the top recruiters at IIM Indore include Accenture, Amazon, Barclays, Capgemini, Cipla, Infosys, Deloitte, Wipro, and Microsoft. For the 2022 batch, IIM Indore had the highest CTC of INR 49 LPA and the lowest CTC of INR 25.01 LPA.

Best Recruiters (Domain-Wise)

Consulting firms include BCG, Deloitte, KPMG, Bain & Company, and Michael Page.

Finance firms include Barclays, Goldman Sachs, DE Shaw & Co., HSBC, and Nomura.

Capgemini, Kotak Bank, Tech Mahindra, and Udaan Sales and Marketing: Loreal, Marico, Samsung, Titan, Bajaj, and BMW

Amazon, Google, and American Express are examples of IT/Analytics companies examples.

Consulting firms include BCG, E&Y, Deloitte, McKinsey & Company, and Optum.

J.P. Morgan Chase & Co., Goldman Sachs, and Deutsche Bank are among the financial institutions.

Cipla, JSW Steel, L&T, and Amazon all have general management, human resources, and operations departments.

HUL, ITC Limited, Hindware Sales & Marketing

IT/Analytics companies include American Express, Genpact, Microsoft, and Walmart.

Consulting firms include Avalon Consulting, Cognizant, PwC, and Infosys.

ICICI Bank, Kotak Bank, Nomura, and Max Life Insurance are among the financial institutions.

General Management/Human Resources: Amazon, L&T, MakeMyTrip, and Capgemini

Tata Power, Whirlpool, Asian Paints, Aditya Birla Group, Cipla Sales & Marketing: Google, Accenture, Capgemini IT & Analytics: Google, Accenture, Capgemini

In the Management Category, IIM Indore is ranked 12th by IIRF 2023 and 7th by NIRF 2022.