IIM Indore provides Need-Based Financial Assistance (NBFA) to PGP/ IPM students with annual family income below INR 9 lakh who are eligible to apply for financial aid. The objective of the Need-Based Financial Assistance (NBFA) at IIM Indore is to ensure that no participant is deprived of education at the institute for financial reasons. The NBFA Committee undertakes a two-step process for deciding the number of awardees and quantum of aid.

Reviews (Showing 6 of 235 reviews)

Overall Rating (Out of 5)

4.3

Based on 221 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
4.2
Infrastructure
4.5
Faculty & Course Curriculum
4.4
Crowd & Campus Life
4.5
Value for Money
4.2
The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 235 published reviews, 221 reviews are verified.
Read reviews that mention
Placement CellRecruiting CompaniesCTC OfferedAverage Package OfferedTop CompaniesRoles OfferedInternshipsPercentage of Batch PlacedPlacement TrainingHighest Package OfferedCourse Curriculum DesignTop FacultyTeaching ExperienceIndustry ExposureSupportive FacultyPedagogyFaculty Easily ApproachableQuality educationBeautiful CampusTop InfrastructureWell equiped Class RoomsHostel AvailableCanteen and cafeteriaSports FacilityLibraryGymnasiumSports FestivalEvents OrganisedCultural FestivalScholarship AvailableView All
Very PositivePositiveNeutralNegativeVery Negative
S
Shriya Jain | Post Graduate Program in Management (PGP) - Batch of 2020
Reviewed on 9 Jul 2025
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Satisfied with the curriculum.

Placements: The placement rate in our course was nearly 98%. The highest package offered was 32 LPA. The average package was 7 LPA. Top recruiting companies included Goldman Sachs, Jefferies, Mood, and others. About 80% of students received internship offers as well.

Was this review helpful YesNo  
P
Pranav Awasthi | Post Graduate Program in Management (PGP) - Batch of 2024
Reviewed on 22 Jun 2025
Verified
4.0
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 4
My review about this college.

Placements: Placement was guaranteed by them as they made sure that each of us was given proper in-depth knowledge and training regarding management. Various top recruiters placed students in different segments. It provides jobs in various sectors such as manufacturing sector, IT, etc. Our institute holds a good placement record by placing various students in reputed organizations at good salary packages. Some of the key companies consulting like Mckinsey, BCG, Accenture, Deloitte, PwC, KPMG, E&Y, FMCG like...

Was this review helpful YesNo  
H
Hardik Bhardwaj | Post Graduate Program in Management (PGP) - Batch of 2026
Reviewed on 13 Feb 2025
Verified
3.0
Placements 3 Infrastructure 3 Faculty & Course Curriculum 3 Crowd & Campus Life 3 Value for Money 3
Absolutely amazing institute because of its excellent placements.

Placements: IIM is known for its placements all over India. Approximately 66% of students get placements with good packages. The highest package is up to 80 LPA, and the average is 20 LPA. Top recruiting companies include Tata, Adidas, Mahindra, Tesla, Zebronics, Google, Microsoft, etc. In the last year of PG, there is an internship program.

Was this review helpful YesNo  
P
Paranav | Executive Post Graduate Program in Management (EPGP) - Batch of 2024
Reviewed on 14 Jun 2025
Verified
4.8
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
My honest review about my college.

Placements: We had a record of 100% placements. Students got placed, but the initial placement salary was less than what was expected for the course for a few students. The internship with UNICEF Jaipur was a great experience, we learned a lot. The college had good relations with companies, so students had the choice to opt for the organization where they wanted to go for an internship.

Was this review helpful YesNo  
S
Shriya Jain | Post Graduate Program in Management (PGPM) - Batch of 2021
Reviewed on 16 May 2025
Verified
4.4
Placements 4 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
IIM Indore College review.

Placements: The percentage of students placed in our college was 85%. The highest package was 84 LPA, and the lowest package was 9 LPA. Top companies that came to our college were Tata, Navi, Microsoft, etc. The percentage of students who got internships was 85%, and the top role offered in my course was 17 per year.

Was this review helpful YesNo  
S
Shriya jain | Post Graduate Program in Management (PGP) - Batch of 2023
Reviewed on 5 Feb 2025
Verified
3.6
Placements 3 Infrastructure 3 Faculty & Course Curriculum 3 Crowd & Campus Life 5 Value for Money 4
Shiksha college review online.

Placements: In my college, good placements were available for all students that was greater than 90%. The highest package offered in my course was more than 16 LPA. The average package was 4 LPA. Top recruiting companies in India were hiring my college students. The percentage of internships in my course was 40%.

Was this review helpful YesNo  
View All Reviews

IIM Indore Scholarship FAQs

Given below are the FAQs about scholarship offered at IIM Indore:

Q:   Who is eligible for Need-Based Financial Assistance (NBFA) at IIM Indore?
A:

The students admitted to the Post-Graduate Programme in Management (PGP), PGP HRM (PGPH) and Integrated Programme in Management (IPM) with annual family income below INR 12 LPA are eligible to apply for financial aid. Eligible applicants who wish to apply for the IIM Indore NBFA may apply in the prescribed form as available in PGP/IPM Office.  It is important that they apply in the form taken from the respective PGP/IM Office only. All participants who have applied through the EWS quota but have secured the seat through general or any other quota can also apply for NBFA. Any participant who has applied through SC, ST, OBC or physically handicapped quota and falls within the above eligibility criteria can also apply for the NBFA.

Q:   What is the application process for Need-Based Financial Assistance (NBFA) at IIM Indore?
A:

The application form for Need-Based Financial Assistance (NBFA) consists of five parts. The parts are:

Part 1: Personal information of the applicant, details of income, family, and funds and signed by the applicant

Part 2: Income Declaration by the Parent/Guardian of the applicant

Part 3: NBFA Datasheet in Excel with supporting documents to be submitted to the respective programme office.

Part 4: Instruction for filling out the application form.

Part 5: FAQs for NBFA

After going through all the parts of the form, candidates can fill out the form and submit it by paying the fee.

Q:   Is there any scholarship available for IIM Indore 5 year integrated program?
A:

IIM Indore gives scholarships for its five-year integrated programme. These scholarships are based totally on advantage and other standards including educational performance, front examination ratings, and monetary need. The precise scholarships, eligibility necessities, and application approaches may also range, and it's miles really helpful to refer to the professional website of IIM Indore or contact the institute directly for particular records on the to be had scholarships and their software methods.

Q:   Does IIM Indore offer scholarships?
A:

IIM Indore provides Need-Based Financial Assistance (NBFA) to PGP/ IPM students with annual family income below INR 9 LPA, are eligible to apply for financial aid. The objective of the Need-Based Financial Assistance (NBFA) at IIM Indore is to ensure that no participant is deprived of education at the institute for financial reasons. The NBFA Committee undertakes a two-step process for deciding the number of awardees and quantum of aid. The scholarship is awarded to the students selected for pursuing courses at graduate/postgraduate in identified institutions in professional fields such as Management, Medicine, Engineering, Information Technology, Law, and Training etc. In the first stage, the candidate's financial needs will be assessed by evaluating the application submitted by them. In the second stage, based on the first stage assessment, some of the participants are called for personal interaction with the NBFA Committee. Eligible applicants who wish to apply for the IIM Indore NBFA may apply in the prescribed form as available in PGP/ IPM Office.

News & Updates

Latest NewsPopular News
Confused about which college or exam to opt for?
  • Chat with our counsellor
  • Get your personalised list of colleges & exams matching your preferences

IIM Indore - Indian Institute of Management Notifications

qna

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered a year ago

There is need-based financial assistance offered to the students of IPM at IIM Indore. Below is the criteria for scholarship:

  • All participants admitted to the IPM programme with annual family income below INR 9, 00,000 are eligible to apply for financial aid.
  • Eligible applicants who wish to apply for

...Read more

N

Nishtha Shukla

Guide-Level 15

Answered a year ago

Candidates can refer to the IIM Indore's scholarships and confirm from the IIM Indore Mumbai Campus whether they are eligible for the same or not. The below-mentioned are scholarships provided by the IIM Indore:

Scholarships
Ministry of Social Justice and Empowerment –- Central Sector Scholarship for SC StudentsMinistry of Tribal Affairs – Central Sector Scholarship for ST StudentsIDFC FIRST Bank MBA Scholarship
Aditya Birla Group Scholarship--

L

Liyansha Jain

Contributor-Level 10

Answered a year ago

Yes, IIM Indore offers both merit and need-based scholarships in the form of fee waivers and concessions as it believes that no student should be denied the privileges of education because of financial issues. All the students admitted to the PGP, PGP HRM (PGPH) and Integrated Programme in Managemen

...Read more

N

Nishtha Shukla

Guide-Level 15

Answered 2 years ago

Yes, IIM Indore does offer scholarships for the MBA programme in Risk Management. The scholarships are based on merit and financial need and are awarded to a limited number of students. The institute has several scholarships that cover full or partial tuition fees, such as the Aditya Birla Scholarsh

...Read more

C

Chandni Arora

Contributor-Level 10

Answered 4 days ago

Yes, IIM Indore BBA (as part of its IPM programme) is often considered better than IIM Rohtak IPM, primarily due to stronger placement outcomes and broader industry reach. In 2024, IIM Indore's the highest package was INR 100 LPA with an average of INR 25.68 LPA, while IIM Rohtak's 2025 PGP placemen

...Read more

H

Himanshu Singh

Contributor-Level 10