IIM Indore - Admission 2024, Fees, Courses, Placement, Ranking

Indian Institute of Management, Indore, popularly known as IIM Indore,  is an autonomous public B-school and one of the fastest-growing institutions situated in Indore. Established in 1996, IIM Indore is the 6th Indian Institute of Management after IIM Ahmedabad (1961), IIM Calcutta (1961), IIM Lucknow (1984), IIM Bangalore (1973), and IIM Kozhikode (1996). IIM Indore is developed and promoted by the Ministry of Education (MoE), Govt. of India. It is an institute of national importance under the Indian Institute of Management Act 2017. IIM Indore has been ranked 8th in the management category in the NIRF Ranking List 2023. Its NIRF Ranking 2022 was 7th in the management category.

IIM Indore has received accreditation from national and international bodies such as EQUIS, the Association to Advance Collegiate Schools of Business (AACSB), and the Association of MBAs (AMBA). The institute is a well-recognised name for its world-class teaching, research, and interaction with industries. IIM Indore courses include eight PG and doctoral level courses like PGP, EPGP, FPM, EFPM, PGPMx, PGP-HRM, IPM, and EFPMG. 

Technically, the IIM Indore scholarships are based on the needs of candidates applying for admission to the Post Graduate Programme in Management and Integrated Programme in Management. This IIM Indore scholarship is a Need Based Financial Assistance scholarship (NBFA). Candidates with an annual family income of less than Rs 9 lakh are eligible to apply for the IIM Indore scholarships. Candidates seeking financial assistance must complete the IIM Indore Need Based Financial Assistance form in the format and procedure specified on the institutional website. Candidates can download the form and fill in the blanks with their correct information. Interested IIM Indore candidates must submit it at the time of admission.

Clubs at Indian Institute of Management Indore

• Innovation Club
• Entrepreneurship Club
• Quiz Club
• Finance Club
• Operations Club
• Consulting Club
• Technical Club
• Infinite Club
• Debating Club
• Dance Club
• Literary Club
• Finance Club

Foreign Collaborations

IIM Indore believes that it is important for aspiring business students to gain both international exposure and an international perspective. Studying in a foreign country is definitely an experience of a lifetime, and every student should get an opportunity to try it out at least once during his or her academic career. It is exactly with this belief that this Student Exchange Programme has been instituted by IIM Indore. The programme provides an enriching academic experience to incoming students, and at the same time, its student community also benefits from the fresh trains of thought and new ideas that foreign students have to offer.

IIM Indore has academic collaborations with the following international business schools for its students and faculty members:

Alba Graduate Business School, Greece

ALBA has established a steadily growing network of partners across the world with the aim to enhance the international experience of students, faculty members, and staff. Through exchange programmes, graduate students from international business schools around the world have the opportunity to study at ALBA. At the same time, ALBA students can opt to attend elective courses at any of the participating schools.

Through these exchange programmes, students have the opportunity to build international networks of business and social contacts, and thus benefit from the fruitful exchange of knowledge, experience, and cultural insights.

Auckland University of Technology, New Zealand

Auckland University of Technology (AUT) was established as a university in the year 2000.

Baruch College, City University of New York, USA

The Baruch College Study Abroad Office helps students from all three Baruch Schools who wish to study abroad to attain their educational and cultural learning goals. It helps them choose their study abroad destination wisely, fit their study abroad experience into their overall college education, and guide them throughout the process of applying to study abroad.

The Study Abroad Office also assists Baruch faculty members in developing study abroad programmes.

Brock University, Ontario, Canada

Brock offers a diverse array of undergraduate programmes housed in six faculties: Applied Health Sciences, Business, Education, Humanities, Mathematics and Science and Social Sciences.

Brock University also offers a growing number of graduate programmes across all departments at the Master’s and Ph.D. levels.

Egade Business School, Mexico

EGADE Business School is the graduate business school of the Tecnológico de Monterrey, recognized in Mexico and Latin America for developing entrepreneurial, innovative and ethical leaders with a global vision and a humanistic outlook, capable of reinventing their environment and creating sustainable value.

EGADE Business School has become the leading graduate business school in Latin America. With two sites in two world-class cities, Mexico City Metropolitan Area and Monterrey, the school has built a solid reputation based on its innovative educational model, its teaching and research achievements and the global character of its academic programmes.

EGADE Business School is also known for its Executive Education Programmes for decision makers, business consultants and owners of family businesses.

EM Lyon (Ecole de Management) France

EM Lyon and Indian Institute of Management Indore conduct exchange programmes for students, faculty members and research scholars.

EM Normandie, France

IIM Indore conducts exchange programmes with EM Normandie for its EPGP and PGP students and also the faculty members.

EM Strasbourg Business School, France

EM Strasbourg Business School is internationally renowned for its French Grande École Master’s programme. The students are trained to become responsible managers with specialised professional skills applicable in different international contexts. Among the principal objectives of the programme is the promotion of international mobility for students and graduates. A distinctive feature of the programme is a mandatory study abroad year which allows not only for EM Strasbourg Business School students to study in one of the 189 partner universities worldwide, but enables the school to host approximately 600 international students from 43 countries.

France Business School, Campus Brest, France

ESC Troyes, France

Right from its inception, Groupe ESC Troyes has encouraged all its students and faculty members to open themselves to the world because borders are but an invention of men, and communicating with other people is both responsible and gratifying.

European Business School, Oestrich-Winkel, Germany

Since its inception in 1971, EBS has played a pioneering role among German business schools and today it is one of the most highly regarded business studies faculties in the region. Through academic excellence and thought leadership, the School has gained a reputation of a powerful motor for business, politics and society.

France Business School, Clermont, France

In addition to exchange programmes for students and faculty, IIM Indore and France Business School have academic collaborations for research projects.

Frankfurt School of Finance and Management, Frankfurt, Germany

Frankfurt School of Finance and Management is a research-led business school covering every aspect of business, management, banking and finance. An impressive portfolio of services – ranging from degree courses to Executive Education programmes, from research projects to consultancy – means that Frankfurt School acts as an adviser, catalyst, and educational partner to companies and organisations, to individuals embarking on new careers, and to experienced executives. As a centre of intellectual and practical activity, the business school formulates forward-thinking solutions for the worlds of business, finance and management, where agendas and issues are constantly changing.

Frankfurt School has more than 100 partner universities in all continents of the world. The International Office is responsible for extending the network and keeping contacts with existing international academic collaborations. The tasks involve the welcoming of international students, sending Frankfurt School students for study abroad, Erasmus exchange, housing, support for visa, as well as developing strategic partnerships e.g. through dual degrees.

IAE Aix Graduate School of Management, France

Besides exchange programmes for students and faculty members, IIM Indore and IAE have a collaboration for joint research programmes.

ICN Business School, France

ICN Business School has strived for many years to develop and expand its network of partners to include a multitude of institutions in today’s economic world.

All students benefit from the quality and wealth of this network during their time at ICN Business School and can aspire, once they have graduated, to have an international career.

The International Relations Office guides students in building their exchange profiles based on their professional aspirations and assists them throughout the process.

IESEG School of Management, France

Established in Lille in 1964 and a member of the French «Conférence des Grandes Écoles», AACSB (Association to Advance Collegiate Schools of Business) and EFMD (European Foundation for Management Development), and recently EQUIS accredited, IESEG is now one of the top business schools in France.

With 169 partner universities located in 47 countries, IESEG strives to create a truly international learning environment for its students, faculty members, and staff. IESEG is proud to have created a multinational and multicultural setting that contributes greatly to the quality of education and research at the institution and is dedicated to strengthening this aspect of the school in the years to come.

International School of Management, Dortmund, Germany

Kedge Business School, France

The merger between BEM and Euromed Management gave rise to KEDGE Business School which has been officialized since July 2013. To fulfil its objective of creating a new global school, Kedge Business School has devised an innovative strategy and organisation.

Montpellier Business School, France

The institution’s aim is “to be a leading European business school in the Languedoc-Roussillon Region that is internationally recognized for its values, its academic excellence in management innovation and entrepreneurship and its concern for global responsibility and performance, which characterises its operations, stakeholders and results.”

Munich Business School, Germany

In addition to exchange programmes for PGP students, Munich Business School also offers opportunities for EPGP students and visiting faculty members.

Munster School of Business and Economics, Germany

The School of Business and Economics is one of the largest and most prestigious business schools in Germany. The high prestige of the school is evidenced by the top ratings that are consistently achieved in all university rankings. Münster’s outstanding reputation paves the way for launching brilliant careers. World-class research, technical competency, international diversity, practice-oriented courses, and a focus on the future are elements that comprise the educational tradition at Münster. The integration of the departments of Business Administration, Economics, and Information Systems within one school is a special feature of the MSBE. In addition, the school also offers postgraduate courses of study for executives and junior executives.

NEOMA Business School-Reims Campus, Rouen Campus, France

Students at NEOMA Business School have the opportunity of studying with students from all over the world, which makes for rich intercultural exchanges during class and in all other activities on campus.

Northeastern University, Boston, USA

Northeastern University is committed to providing high-quality study abroad opportunities that will encourage the development of knowledge, skills, and networks needed to become productive and successful participants in the global community.

Solvay Brussels School of Economics & Management, Belgium

In addition to exchange programmes for PGP students, Solvay also provides exchange opportunities for visiting professors.

The Asian Institute of Management, Philippines

AIM is the Asian pioneer in international management education. Established in 1968 with the Harvard Business School, Asian academicians, and prominent business leaders, the institute designs its masters and executive programmes to develop practising managers in Asia’s emerging markets. AIM has clientele and alumni worldwide and meets the global accreditation standards of the US-based Association to Advance Collegiate Schools of Business (AACSB). AIM offers three degree programmes – a Masters in Business Administration (both full time and executive), a Masters in Management and a Masters in Development Management. The Institute is also well known for open enrollment and custom executive programmes for business and non-business organisations.

The COPPEAD Graduate School of Business, Brazil

COPPEAD has always focused on forming and educating managers with international exposure, ready to operate in multicultural environments and to pursue international careers.

Thus, COPPEAD has internationalised by forming strategic alliances with highly reputed and internationally accredited business schools in the five continents.

The alliances and partnerships contemplate student exchange agreements for the Full-time MBA Programme, visiting professors, study-weeks, dual-degree opportunities, and international modules for the Executive MBA Programme, among others.

The Faculty of Business and Law, University of Newcastle, Newcastle

The University of Newcastle is a comprehensive, international university and one of Australia’s leading research institutions.

The high academic standards, superb recreational facilities, natural surroundings, award-winning buildings and excellent access to latest technology are all part of the reason why the University of Newcastle is an excellent choice as a study abroad destination.

The Universiti Tun Abdul Razak SDN BHD, Malaysia

UNIRAZAK Student Exchange Programme is designed for students who wish to acquire the experience of living and studying in an International setting through a short-term study programme.

It aims at fostering international understanding among students and offers exciting opportunities to combine a high quality academic and cultural experience while living and studying at a partner university. UNIRAZAK has bilateral agreements with a global network of partner institutions to enable students to experience this unique opportunity.

The University of Erlangen-Nürnberg, Germany

Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) is one of the largest universities in Germany. With its five faculties, FAU offers an almost unique scope of subjects ranging from the humanities to law and economics as well as sciences, medicine, and engineering. The close collaboration between the single disciplines is reflected by the University’s Mission Statement, “Advance through Networks.” FAU thus offers perfect conditions for interdisciplinary research and learning to students and scientists alike.

Università Bocconi, Italy

The Bocconi Graduate School provides students with many research opportunities as well as advanced education. The School’s international standing, widely- recognised competencies and solid relationships with leading companies and institutions further enhance the educational benefits that it offers.

Vienna University of Economics and Business, Austria

WU is considered to be the biggest educational institution in the field of Economic and Social Sciences in the EU. WU attaches great importance to an international orientation. The university has a network of about 230 partner universities all over the world, and ranks among the leading universities of the world with regard to student exchange.

The international EQUIS accreditation guarantees the highest academic standards at WU. WU has been accredited for its high standards in teaching and research.