Course Duration
4 YearsTotal Fees
9.8 LakhsTotal Fees | ₹ 9.8 Lakhs |
IIM Indore offers a 4-year FPM (Fellow Program in Management). Candidates with a Master’s Degree are eligible to apply for the program. FPM Students will receive a Grant / Stipend of INR 30,000 per month. The proposed intake for FPM is 34. IIM Indore is accepting applications for FPM and the last date to apply for the same is February 13, 2024.
Table of Content
1.1 How to Apply?
Course Name | Fellow Program in Management (FPM) |
Intake | 34 |
Stipend |
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Duration | 4 Years |
Selection Criteria |
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Admission Criteria | CAT / GMAT / GATE / GRE / JRF Scores + Academic Scores + Personal Interview + Statement of Purpose |
IIM Indore offers PhD program in the following specializations:
IIM Indore offers Fellowship to PhD students covering academic, conference, and living expenses of the fellow during FPM academic years.
Ques. Is the PhD Program at IIM Indore very difficult?
Ans. Yes since the FPM/PHD course of IIM Indore requires the candidate to have high academic rigor and integrity. It has stringent requirements at every stage of the modules. The candidates who are unable to meet the requirements are asked to resign from the programme.
Ques. Do I need to pay fees for IIM Indore PhD?
Ans. Yes, short-listed candidates are required to deposit fees of INR 50,000 as a commitment fee towards the institution. This fee has to be paid at the time of acceptance of the offer letter via a demand draft drawn on a nationalized bank favoring IIM Indore payable at Indore. There are concessions in the fee amount for the reserved candidates. Read More: IIM Indore Courses & Fees
Ques. Does PhD from IIM Indore is considered equivalent to a Ph.D.?
Ans. Yes, the PhD course at IIM Indore is equivalent to doctorate degrees based on the structure of the course. The institute is in the process of getting it distinguished as a recognized equivalent to Ph.D. from the Association of Indian Universities.
Ques. What is the duration of PhD at IIM indore IIM Indore?
Ans. Candidates should be able to finish the course in 3.5 to 4 years. The maximum duration within which a candidate is supposed to complete the degree is 6 years. On successful completion, the participant is conferred the title "Fellow of the Indian Institute of Management Indore" at the annual convocation of the Institute.
Ques. What is the stipend for PhD students at IIM Indore?
Ans. Yes, the institute provides a contingency grant of INR 25,000 per annum for the period of four years. This grant can be used for supporting the research efforts and is subject to the norms of the programme
Total Fees
₹ 9,80,000Total Fees
₹ 9,80,000Total Fees
₹ 9,80,000Total Fees
₹ 9,80,000Total Fees
₹ 9,80,000Total Fees
₹ 9,80,000Total Fees
₹ 9,80,000Total Fees
₹ 9,80,000Total Fees
₹ 9,80,000Highest Placement | ₹ 1.0 Crore |
Average Placement | ₹ 25.7 Lakhs |
Top Companies | ![]() ![]() ![]() ![]() ![]() ![]() |
If you are interested in studying energy management, you can choose NTPC School of Management. The college has trained a large number of professionals over the years.
BIMTECH is better if you’re interested in any other domain. It has been offering various industry-relevant programs and good placements.
Particulars |
NTPC MBA |
BIMTECH MBA |
Highest Package |
INR 25 LPA |
INR 23.43 LPA |
Average Package |
INR 12 LPA |
INR 9.38 LPA |
Fees |
INR 1,630,000 |
INR 11 L - 13 L |
With the table mentioned above, you can easily analyze the ROI and choose what’s better for you.
The best way to answer the ‘Why IPM’ question in the IIM Indore interview is to state your future career plans and explain how IPM is the perfect program for achieving those goals. The interviewer wants to know what made you choose the program. So, you need to provide a couple of valid reasons why IPM aligns with your goals. For example, you can say, the course curriculum of IPM is updated according to the current industry practices. So, it will be easier for you to pick up the skills and knowledge required to have a successful career in the industry.
Having a clear idea about your future goals will help you formulate an authentic answer to this question. Also, read about the IPM program. Read about its course structure, mission, vision of the course, etc.
The future scope of Post Graduate Certificate Programme in Finance at IIM Indore is good. This course is great for knowledge up-gradation. Most working professionals have received an increment or promotion or both after completing this course.
If you are a working professional with more than four years of experience in the industry and looking for managerial-level posts, then you can benefit a lot from this course.
The batch profile is usually a mix of Banker, CA, CS, BFSI professionals, Engineers, etc. You will learn through virtual live platforms. Classes are scheduled on weekends.
All three of these courses are 1-year programs on Management for professionals with good industry experience.
PGPMX IIM Indore course curriculum is up-to-date with subjects such as social media marketing and organizational perspectives. The curriculum is designed by keeping in mind that the students have at least 5 years of experience in the industry. This course includes preparatory Harvard Business School courses, to make sure that everyone is up to speed with the rigor of the program. The class profile is diverse, so you will get amazing peer-to-peer learning opportunities.
If you have a few years of work experience, this course will help you strengthen your foundation. It will offer good career enhancement opportunities as well.
According to the IIM Indore admission trends, OBC students need to have a percentile of around 80 or above to get admission. Here is the overall CAT 2021 cutoff for IIM Indore.
Category | Cutoff |
General | 90 |
NC-OBC | 80 |
SC | 60 |
ST | 50 |
PWD | 50 |
Naturally, the cutoff trend is unpredictable. So, try to score as much as p[ossible to be on the safe side.
For GEM, the CAT percentiles required to get an interview call from IIM Blackis, FMS, SP Jain, JBIMS, and MDI Gurgaon are
It’s important to know that these figures are based on trends and not on actual data so you will find exceptions everywhere. Moreover, it’s better you don’t waste time analyzing the CAT cutoff and start preparing for the same.
The fee structure of IPM from IIM Indore is given below in detail. The fee structure for the first three years are as follows.
The course fee for resident Indians is 4 Lakhs per annum for the first 3 years.
Head | IPM - I | IPM - II | IPM - III |
Course Fee | 400000 | 400000 | 400000 |
Medical Insurance Premium | 711 | 711 | 711 |
Refundable Caution Deposit | 50000 | - | - |
Mess Deposit | 45000 | 45000 | 45000 |
Grand Total | 495711 | 445711 | 445711 |
The course fee for International students is - 6 lakh per annum. The course fee for the 4th and 5th year students would be as per prevailing PGP fees.
My friend has graduated from IIM Indore and would describe the fests as massive events of celebration. The institute organizes a lot of literary and cultural events but the two main events in the year are as follows:
Atharv:
Another important fest is titled Ranbhoomi. It is the Annual National Level Sports Festival. This one is held for three days as well and the events range from Cricket, Basketball, Volleyball, Football, and even Chess and Arm-Wrestling.
Yes. It is absolutely worth joining IIM Indore for the IPM Program. Though, you need to clear the IPMAT and the interviews. One of my friends had completed the IPM program at IIM Indore and here are some facts that may be useful to you.
In the evening, things are a bit relaxed as people pursue their interests, sports or hang out with their friends. Things might be hectic on some days, but it will not be boring at IIM Indore.
Many of my friends graduated from IIM Indore and here is some information about the different fields in the institute.
Strategy
Marketing and Finance
Here are the placement statistics for the year 2021.
Highest International CTC | INR 56.8 LPA |
Highest Domestic CTC | INR 41.5 LPA |
Average CTC | INR 23.6 LPA |
Major domains | Finance and Sales & Marketing |
Top recruiters | PwC, Deloitte, Optum, BCG, Amazon, Cipla, MX Player, ACT Fibernet, Paytm, Microsoft |
Lastly, one can say that the candidate will be getting the best faculty to teach them in the institute. It is up to the decision of the aspiring candidate about their choice of domain. The trend of placement varies every year. It is important to choose the field of study as the interest of the candidate.