IIM Indore Scholarship: Eligibility, Types and Guidelines
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IIM Indore Scholarship: Eligibility, Types and Guidelines

Team Careers360Updated on 23 Sep 2024, 04:15 PM IST

IIM Indore scholarship comes under the Need-Based Financial Assistance (NBFA) for students needing financial assistance to pursue the management program. 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 to be involved in the IIM Indore scholarship 2025. This article provides all the necessary details concerning the IIM Indore scholarship.

This Story also Contains

  1. IIM Indore Scholarship
  2. Eligibility Criteria for IIM Indore Scholarship
  3. Different IIM Indore Scholarships
  4. Guidelines for IIM Indore Scholarship
IIM Indore Scholarship: Eligibility, Types and Guidelines
IIM Indore Scholarship

IIM Indore Scholarship

For processing the IIM Indore scholarship 2025 requests the participant’s financial need will be assessed by evaluating the application submitted by the participants. In the second stage, based on the first stage assessment, some of the participants are called for a personal interaction with the NBFA Committee. During this interaction, the NBFA Committee evaluates the financial needs of the participant, as well as verifies the genuineness of the details provided by the participant in the application.

Eligibility Criteria for IIM Indore Scholarship

All participants admitted to the Post-Graduate Programme in Management (PGP), PGP HRM (PGPH), and Integrated Programme in Management (IPM) with annual family income below Rs. 12,00,000 are eligible to apply for financial aid. The eligibility criteria for the IIM Indore scholarship will be different depending on the type and nature of the scholarship. However, certain ground eligibility rules need to be fulfilled by the candidates. The basic eligibility criteria for the IIM Indore scholarship 2025 is mentioned below.

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  • Excellent academic records at school and graduation level.

  • Letter of recommendation from institutions.

  • A justifiable reason to be granted a scholarship.

  • Exceptional performance in various MBA entrance exams such as CAT.

Different IIM Indore Scholarships

The different IIM Indore scholarships along with their eligibility criteria are listed in the table given below.

IIM Indore Scholarship

Eligibility Criteria

Need-Based Scholarship

Students with annual family income below Rs. 12,00,000 are eligible to apply.

State scholarship

Merit based. Funded by the state govt. for top students belonging to the state.

SC/ST Scholarship

Scholarship for students belonging to the SC/ST category by the Central Government.

Aditya Birla Scholarships

A scholarship amount of Rs. 1,75,000 is given to the top-performing students in the first year of the program.

OPJEMS Scholarship

A scholarship amount of Rs. 1,25,000 is given to the top-performing students in the second year of the program.

State Bank of India Scholarship

Merit-based scholarship. Awarded to candidates yearly. The scholarship amount is Rs. 1,50,000.

EICHER Scholarship

Merit-based scholarship. Awarded to candidates yearly. The scholarship amount is Rs. 50,000.

Guidelines for IIM Indore Scholarship

Candidates must go through the important guidelines for the IIM Indore scholarship given below.

  • The application forms have to be completed in all respects and submitted along with the documents specified therein.

  • Incomplete application forms will not be considered. Applications submitted after the due date will not be considered.

  • Please read the application form and instructions carefully. Your parent/guardian will have to fill up part of the form and sign it.

  • IIM Indore reserves the right to investigate/verify the details mentioned in the applications for the IIM Indore scholarship 2025 under the Need-Based Financial Assistance.

  • The NBFA Committee reserves the right to award the Need-Based Financial Assistance. The decision of the NBFA Committee will be binding and final.

  • The Director, IIM Indore is the appellate authority for NBFA.

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Frequently Asked Questions (FAQs)

Q: What is the MBA fee for IIM Indore?
A:

The fee for an MBA at IIM Indore is approximately Rs. 35 lakhs for a two-year management program. IIM Indore provides financial assistance to candidates with financial constraints.

Q: Does IIM Indore have 100% placement?
A:

IIM Indore has a track record for a 100% placement rate. The highest package offered at IIM Indore is around 1 crore per annum.

Q: Is there any scholarship for IIM Indore?
A:

IIM Indore has different scholarships that come under the Need-Based Financial Assistance (NBFA) for students needing financial assistance to pursue the management program.

Q: Can I get a scholarship in IPMAT?
A:

All participants admitted to the Post-Graduate Programme in Management (PGP), PGP HRM (PGPH), and Integrated Programme in Management (IPM) with annual family income below Rs. 12,00,000 are eligible to apply for financial aid.

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Questions related to IIM Indore

On Question asked by student community

Have a question related to IIM Indore ?

HEY THERE!!

No specific number of attempts is allowed for IIM Indore admission, either for the MBA (PGP) through CAT or Integrated Program in Management (IPM) via IPMAT. That being said, you need to fulfill each program's age and eligibility requirements:

For MBA (PGP) through CAT:

No limit on the number of attempts for the CAT test, which is the gateway to IIM Indore's MBA.

You may attempt CAT any number of times you please, provided that you are otherwise eligible (minimum eligibility being graduation with minimum marks).

For IPM through IPMAT:

  • No fixed attempt limit, but a limitation on age:
  • Up to 20 years as of 31st July of the admission year for General/OBC/EWS
  • Relaxation by 5 years for SC/ST/PwD
  • You can attempt IPMAT every year till you fall under the upper age limit.
  • No formal attempt limitation for either IPMAT or CAT for IIM Indore.
  • You're free to apply as many times as you like, provided you are within the age and eligibility criteria.

IIM Indore 2025 Cutoff

For IPMAT (5-Year Program):

General category: 270–275 out of 360

Section-wise:

Verbal: 120+

Quant (MCQ): 35+

Quant (SA): 20+


For CAT (MBA):

General category: 97–99 percentile overall

Sectional: 80 percentile in each section

Cutoffs may vary based on exam difficulty and competition.

Yes, it is totally possible with focused and proper preparation during the last 2 months. Totally drink the entire IPMAT syllabus that includes topics such as Quantitative Ability, Verbal Ability, and GA. Know the number of questions, total time, marking scheme, etc. Give more importance to the strong points and weaknesses. Focus on the areas in which you are not perfect. You need to ensure that your study time is equally distributed over all subjects and topics. Be strict about sticking to the study plan. Keep practicing all sorts of problem-solving skills like arithmetic, algebra, geometry, and data interpretation to improve your reading and comprehension abilities, vocabulary, grammar, and reasoning. Take as many mock tests as possible to simulate exam conditions and know where one needs to work. Attempt previous year's IPMAT papers to grasp the pattern and level of difficulty.
Analyze your mock test performance for your strong and weak areas.
Proper guidance with the advice of experts could be derived through a coaching institute. Your score in 10th-grade is one of the eligibility criteria for IPMAT, though it is not the decisive factor for your admission. A holistic profile that includes performance in IPMAT, 12th-grade scores, and other factors such as extracurricular activities and personal interviews is taken into account by IIM Indore. While an 89% in 10th grade is a good score, the focus should remain on doing well in IPMAT and other aspects of your profile to improve the admission prospects. IPMAT

Hello

Yes, the CAT score is used for admission to MBA programs. There are 19 government MBA colleges in Hyderabad . Here are some of the top government MBA colleges in Hyderabad :


- _Administrative Staff College of India (ASCI)_

- _Babu Jagjivan Ram Government Degree College_

- _Government Degree College, Siddipet_

- _Hyderabad Presidency Degree College and PG Centre_

- _Jawaharlal Nehru Technological University (JNTUH)_

- _BRAOU Hyderabad_


These colleges offer various MBA programs, and some of them accept TS ICET scores as well .

Hello,


After completing the IPM at IIM Indore, graduates typically find opportunities in top companies across sectors like consulting, finance, marketing, and operations. Some pursue higher studies, opt for entrepreneurship, consider civil services, or aim for corporate leadership roles.


hope this helps,

Thank you