Prabandh Shikhar, Rau Pithampur Road, Indore, Madhya Pradesh
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The Indian Institute of Management Indore is an autonomous public business school located in Indore, Madhya Pradesh in India. Instituted in 1996, IIM Indore is the sixth addition to the Indian Institute of Management family of management schools.
IIM Indore, which came into existence in 1996, was established as the sixth Indian Institute of Management after IIM Calcutta (1961), IIM Ahmedabad (1963), IIM Bangalore (1972), IIM Lucknow (1984) and IIM Kozhikode (1996).
IIM Indore started offering its two-year full-time (residential) Post Graduate Programme in Management (PGP) at Ras al-Khaimah (UAE) in 2011. It is the first IIM to have started operations outside India. In 2013, IIM Indore shifted its Ras al-Khaimah operations to Dubai.However, in 2014, it shut down its operations in its UAE campus.
The institute also offers its two-year full-time (non-residential) Post Graduate Programme in Management (PGP) in Mumbai, from 2012.Till date, no IIM had a presence in the financial capital of India (Mumbai).
IIM Indore offers the following academic programmes -
Options to specialise in various fields such as Finance, Operations, Marketing, Systems etc. are available.
A five-year Integrated Program in Management, for students passing out from Class XII, was started in 2011. The institute also offers various certificate programmes and Management Development Programmes (MDPs).
Like all IIMs, IIM Indore awards diplomas, and not degrees.
Admissions to the Post Graduate Programmes in Management (PGP) at Indore, Dubai(UAE) and Mumbai, is through the Common Admission Test (CAT) conducted by the IIMs. Non Resident Indian (NRI) candidates are also eligible to apply and should have scored a minimum GMAT score of 650 to be shortlisted for further evaluations. Admissions to the Executive Post Graduate Programme in Management (EPGP), a programme for executives with a minimum of 5 years work experience, is through the globally accepted GMAT. The candidates are shortlisted on the basis of their GMAT score, which on average has been 700 for the past batches, quality of work experience, extra-curricular record and future managerial potential. The five-year integrated programme in management(IPM) Integrated Programme in Management (IPM) - IIM Indore, the first of its kind in India launched by IIM Indore.
There are over 90 student exchange seats, which means that 20% of the PGP batch can spend an academic term in a foreign university. It is the 3rd highest number of seats across all IIMs. There are over 20 schools with whom IIM Indore has an exchange programme MOU - Germany, France, Belgium, Austria, US, UK, Australia, Malaysia, Philippines. It is one of the few IIMs to have a programme in Latin America (Brazil). On an average 50 students from foreign universities spend a term at IIM Indore.
Apart from providing a chance for students to interact and really be a part of some of the world's top universities for a term, the programme also enables the rest of the batch here to benefit from the foreign students who travel here in their place. The Student Exchange Programme Committee (see below under Student Activities) handles the logistics of the programme. The institute had its first student exchange of six students with Ecole de Management de Lyon (EM Lyon), a premier business school based in Lyon, France, in 2005.
The One Year Full Time MBA (EPGP) collaborates with McCombs School of Business at The University of Texas at Austin, US, as part of exchange programme where the entire batch spends 1 full term for a five-week module to get a global perspective on management.