IIM Indore Scholarship: Eligibility, Types and Guidelines

IIM Indore Scholarship: Eligibility, Types and Guidelines

Edited By Tarun Bisht | Updated on Sep 23, 2024 04:15 PM IST | #IIM Indore

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.

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)

1. Is there any scholarship for IIM Indore?

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

2. Can I get a scholarship in IPMAT?

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.

3. What is the MBA fee for IIM Indore?

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.

4. Does IIM Indore have 100% placement?

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

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Questions related to IIM Indore

Have a question related to IIM Indore ?

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

Hello aspirant,

India's first of its kind is the five-year Integrated Programme in Management (IPM). The Association of MBAs, London (4th and 5th Year) has accredited the program. This innovative and distinctive program is designed for young pupils who want to be managers or leaders. IIM Indore aims to draw in young people and shape them into exceptional leaders by providing them with a top-notch education through the IPM.

To know the detailed placement record you van visit the following link:

https://www.careers360.com/university/indian-institute-of-management-indore/integrated-programme-in-management-course

Thank you

Hope it helps you.

Hello aspirant,

The NIRF Rankings 2023 place the IIM Indore eighth in the management category. A total of 76 undergraduate, graduate, and doctorate courses are available at IIM Indore. Courses offered by IIM Indore include PGPM, PGP-HRM, Executive FPMG, PGPMX, Executive PGPM, DPM, EDPM, and EDPMG. Candidates should take the appropriate entrance exam, such as the CAT or GMAT, if they want to get admitted to IIM Indore for the selected programme.

To know the complete admission procedure, you can visit our website by clicking on the link given below.

https://www.careers360.com/university/indian-institute-of-management-indore

Thank you

Hope this information helps you.

IIM Indore offers the five-year Integrated Programme in Management (IPM) to students. The programme was launched in the year 2011. The IPM programme has been accredited by the Association of MBAs, London (4th and 5th Year). Candidates who have passed the Class 12 or equivalent examination can apply for this programme.

Candidates seeking admission to the IPM at IIM Indore must follow the steps as mentioned below:

Step 1: Fill out an application form aimed at understanding the students’ proficiency in academics, as well as in co-curricular activities.

Step 2: Appear for the IPMAT entrance examination conducted to test the applicant’s aptitude, logical reasoning, and proficiency in English and Mathematics.

Step 3: Shortlisted candidates must appear for the Written Ability Test (WAT), and Personal Interview process.

The course fees for domestic applicants for the first three years of the programme is Rs. 5,00,000 per annum, and the fees for the fourth and fifth year would be as per prevailing PGP fees. At the end of five years, candidates will receive the Bachelor's of Arts (Foundations of Management), and an MBA under the dual degree programme by IIM Indore . Students are required to complete social internship at the end of second year, and business internship between fourth and fifth year. The placements are conducted along with the PGP students.

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