IIM Indore FPM Courses & Fees 2026

Indian Institute of Management (IIM), Indore, also known as IIM-I is the sixth IIM established under the IIM legacy. IIM Indore has been ranked 8 under the Management category by the NIRF Ranking 2025. It is one of the prominent public B-schools in India with autonomous status. IIM Indore offers great placement opportunities. The highest and average package offered during IIM Indore placements 2023 stood at INR 1.14 crore per annum and INR 30.21 LPA, respectively. This institute is known for its two-year, full-time, residential flagship PGP (also referred to as MBA) programme, admission to which is offered based on a valid score in CAT. The percentile of CAT for IIM Indore reached up to 98 percentile in the past years which shows how rigorous it is for a student to get admission to this institute.

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 the IIM Indore NBFA may apply in the prescribed form as available in PGP/ IPM Office. They must apply in the form taken from the respective PGP /IM Office only.

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.

With IIM, there is no regret in students as the placements are good. The key highlights of IIM Indore placements for the Class of 2024 are tabulated below:

IIM Indore has a good infrastructure with state of the art facilities such as modern classrooms, well-equipped conference hall and seminar halls. IIM Indore has a good reputation in the education world which it believes in maintaining.