IIMI - Indian Institute of Management, Indore - Reviews
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The EPGP students have enough work experience and are placed in their respective domains and the process is recruiter based mostly. They have incremental placements from their previous experiences. The PGP and IPM batches are placed together, there is an equal representation of freshers and work experience guys in the batch. There are summer placements after the PGP year 1 and Final placements after the course completion. Consulting, Finance, Sales and Matketing, Analytics and Product Management are the main areas of employment. Niche firms like BCG, Kearney, JPMC, Goldman Sachs, HUL, Amazon etc hire from the campus directly.The process is completely transparent. The average placements ranged from 25-30 LPA in the last three years for the PGP IPM batches. Highest may go upto 1 Cr CTC, lowest has gone down upto 11 LPA. All the students get placed by hook or by crook in the end. It's a 2 week long process.
My primary and only consideration for choosing IIM Indore was the placement scenario which caused me to choose it over NITs which I was getting through JEE Mains. I had got confirmed admission in NIT Bhopal. A lot of people have been asking me about the placement scenario of IPM students at IIM Indore, and the common question encountered was 'Why haven't you given CAT?' The easy answer is 'I am not eligible for it.' The eligibility for CAT requires graduation in any discipline. As I am an 18 year old student who has just passed out 12th, how would I give CAT. Second thing is CAT selection criterion is such that you require 4 years of engineering from NIT or IIT, then 2 years of work experience and then 2 years PGP at IIM, which would take 8 years to pass from IIM, while I would be getting placement through IPM just after 3 years, which would be an internship of 2-3 months wherein the average stipend per month goes ~~ 2 lakh per month, after that if best match of the company-employee is found, you can get a PPO(PPOs for IPM have avg placement of *36.5* lakh per year at IIMI) or else you can sit in campus placements along with the PGP folks(who give *CAT*) wherein the avg placement goes nearly 30-35 lakhs per year. The IPM students have relevant coursework in management which causes them to beg better placements than the PGP peers. The IPM students get best placements in Investment banking, risk management, and strategy , management consulting(the top firms being *Goldman Sachs, Ambit capital, jpmc, Morgan Stanley, and cherry on the top being *BCG, BCN, EY, Arthur D Little and other consulting firms* as well as the top placements in GenMan and marketing are also begged by them, the average placements when you see the consolidated report of 2023, you will see 32.2 LPA which is taken after taking average of students across PGP and IPM as they are placed together and get the same opportunities, IPM being preferred over engineers by many firms including the ones named above. As I am a part of the process now and have been researching through a lot before selecting IIM Indore over the IITs, I know IIM Indore IPM students have better average and median placements as compared to the PGP ones. Now those people who ask might also be able to answer.... Why I and 90000+ students like me aspire for IIM Indore every year. But top 150 candidates get a chance to be in the college(who have 95+ percent in 10th 12th board exams, exceptional state, national level extra curriculars as well as 99+%ile in the IPMAT entrance.) I am sure that those 150 are exempted from CAT because of luck some may say or because they are *exceptional* . As exceptions exist *I will never give CAT and beg better placements than those who will clear it*
Read Full ReviewThe EPGP students have enough work experience and are placed in their respective domains and the process is recruiter based mostly. They have incremental placements from their previous experiences. The PGP and IPM batches are placed together, there is an equal representation of freshers and work experience guys in the batch. There are summer placements after the PGP year 1 and Final placements after the course completion. Consulting, Finance, Sales and Matketing, Analytics and Product Management are the main areas of employment. Niche firms like BCG, Kearney, JPMC, Goldman Sachs, HUL, Amazon etc hire from the campus directly.The process is completely transparent. The average placements ranged from 25-30 LPA in the last three years for the PGP IPM batches. Highest may go upto 1 Cr CTC, lowest has gone down upto 11 LPA. All the students get placed by hook or by crook in the end. It's a 2 week long process.
My primary and only consideration for choosing IIM Indore was the placement scenario which caused me to choose it over NITs which I was getting through JEE Mains. I had got confirmed admission in NIT Bhopal. A lot of people have been asking me about the placement scenario of IPM students at IIM Indore, and the common question encountered was 'Why haven't you given CAT?' The easy answer is 'I am not eligible for it.' The eligibility for CAT requires graduation in any discipline. As I am an 18 year old student who has just passed out 12th, how would I give CAT. Second thing is CAT selection criterion is such that you require 4 years of engineering from NIT or IIT, then 2 years of work experience and then 2 years PGP at IIM, which would take 8 years to pass from IIM, while I would be getting placement through IPM just after 3 years, which would be an internship of 2-3 months wherein the average stipend per month goes ~~ 2 lakh per month, after that if best match of the company-employee is found, you can get a PPO(PPOs for IPM have avg placement of *36.5* lakh per year at IIMI) or else you can sit in campus placements along with the PGP folks(who give *CAT*) wherein the avg placement goes nearly 30-35 lakhs per year. The IPM students have relevant coursework in management which causes them to beg better placements than the PGP peers. The IPM students get best placements in Investment banking, risk management, and strategy , management consulting(the top firms being *Goldman Sachs, Ambit capital, jpmc, Morgan Stanley, and cherry on the top being *BCG, BCN, EY, Arthur D Little and other consulting firms* as well as the top placements in GenMan and marketing are also begged by them, the average placements when you see the consolidated report of 2023, you will see 32.2 LPA which is taken after taking average of students across PGP and IPM as they are placed together and get the same opportunities, IPM being preferred over engineers by many firms including the ones named above. As I am a part of the process now and have been researching through a lot before selecting IIM Indore over the IITs, I know IIM Indore IPM students have better average and median placements as compared to the PGP ones. Now those people who ask might also be able to answer.... Why I and 90000+ students like me aspire for IIM Indore every year. But top 150 candidates get a chance to be in the college(who have 95+ percent in 10th 12th board exams, exceptional state, national level extra curriculars as well as 99+%ile in the IPMAT entrance.) I am sure that those 150 are exempted from CAT because of luck some may say or because they are *exceptional* . As exceptions exist *I will never give CAT and beg better placements than those who will clear it*
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Answered Questions
IIMI - Indian Institute of Management: 366 answered questions
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
- ABC and FMS: Both institutes required nothing less than 99.5. Those who get admission at a lesser percentile, usually don’t belong to the GEM category. There are many who don’t even get a call with 99.3. So to stay on the safer side, go for nothing less than 99.5.
- IIM Indore and Kozhikode: Both the institutes require percentiles around 97.5 for an interview call
- SPJIMR: This Institute has unique selection criteria under which CAT is given less value and calls are issued on the basis of the candidate's profile. The CAT percentile required in this case is less than the normal if you have a good academic profile along with work experience,
- MDI: This institute issues calls around the 96% mark.
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:
- This is the cultural, literary, and management festival of IPM, organized each year.
- A number of events in this one include managerial to marketing and b-plan events to literary and cultural events.
- More than 1 lakh students participate in Atharv conducted for 3 days. These events can help you get some cash prizes as well.
- The evenings feature musical and artistic performances by professionals in the field.
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.
- You will have some very interesting subjects from the trinity of mathematics, social science, and performing arts. It will equip you with really dynamic skills and significant learning.
- You will meet some of the best minds from diverse backgrounds in this course.
- There are over 15000 applications for 120 seats. Thus, you can assume the quality of peer and peer learning.
- The campus has two well-equipped gyms, an Olympic-size pool, a Finance resource centre, an Entrepreneurial incubation cell, and an Onus cashless card payment system.
- Also, there are regular shuttle bus services for going into the city.
- The daily schedule of the students is usually packed with classes in the morning and maybe a few more in the afternoon.
- After that, there is a complete makeover, students run to juice centers, along with the Chai shops, special Indori Poha at Poha point, HUL's Adda, and many other eating points.
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
- You will find some of the remarkable and appreciable faculties in the strategy domain.
- If the candidate wants a deep understanding of this field, then they can choose this.
- Some of the best-taught subjects in this domain are Business models, Mergers, and acquisition.
Marketing and Finance
- The faculties of Marketing are also good.
- In terms of placements, the Marketing and Finance domain had really good statistics.
- But, it is important to know that this varies according to the demands of that role offered by the recruiter.
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.
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