Indian Institute of Management Raipur is one of the premier management institutes in India, known for its excellence in education, strong industry connections, and focus on developing future business leaders. Established in 2010, IIM Raipur is part of the esteemed network of IIMs, offering a range of programs designed to prepare students for a successful career in management. Here’s a detailed overview of the courses, fees, placements, and admissions at IIM Raipur for 2024.
Courses Offered at IIM Raipur
- Post Graduate Program in Management (PGP)
Duration: 2 years (full-time)
Overview: The PGP in Management is the flagship program at IIM Raipur, aimed at developing well-rounded management professionals. It covers core areas such as finance, marketing, operations, strategy, and human resource management.
Specializations: Marketing, Finance, Operations, IT & Systems, Economics, and Strategy.
- Executive Post Graduate Program in Management (ePGP)
Duration: 2 years (part-time)
Overview: Designed for working professionals, the ePGP is a flexible program that provides insights into advanced management practices. The curriculum is similar to the PGP program but structured to accommodate professionals’ schedules.
Specializations: General Management.
- Fellow Program in Management (FPM)
Duration: 4-5 years
Overview: The FPM is a doctoral-level program aimed at individuals interested in pursuing research and academic careers in management. This program focuses on extensive research in various management disciplines.
Specializations: Economics, Finance, Marketing, Operations, Strategy, and Organizational Behavior.
- Executive Fellow Program in Management (EFPM)
Duration: 4-5 years (part-time)
Overview: This doctoral program is tailored for experienced professionals who wish to contribute to management research. The EFPM allows candidates to balance their professional work with their research pursuits.
- Post Graduate Program in Management for Executives (PGPMWE)
Duration: 2 years
Overview: Targeted at mid-career professionals, the PGPMWE is an executive program that emphasizes practical application of management knowledge in real-world settings.
Specializations: General Management, with electives across multiple domains.
Fees Structure at IIM Raipur (2024)
- PGP – INR 16,00,000 for two years.
- ePGP – INR 10,00,000 for two years.
- FPM – No tuition fee; stipends and grants available.
- EFPM – INR 5,00,000.
- PGPMWE – INR 10,50,000 for the duration of the program.
These fees cover tuition, academic materials, and hostel accommodation for full-time programs. Additional expenses for study materials, travel, and personal needs may apply. Scholarships are available based on merit and need, primarily for PGP and FPM students.
Placement Highlights at IIM Raipur (2024)
IIM Raipur boasts a strong placement record, with graduates securing positions at top national and international companies. Here are key highlights from the previous placement season:
- Placement Rate: 100%
- Average Package: INR 18 LPA
- Highest Package: INR 42 LPA
- Top Recruiters: McKinsey, Deloitte, Amazon, HUL, PwC, Accenture, TATA Steel, Cognizant, IBM, and HSBC.
Sector-wise Placement Distribution
Consulting and Strategy: 30%
Finance: 20%
IT and Analytics: 25%
Marketing and Sales: 15%
Operations and General Management: 10%
With a growing emphasis on data-driven roles, IIM Raipur has seen an increase in placements within IT and Analytics. The institute’s placement cell actively engages with industry leaders to ensure students have access to top companies and roles.
Admissions Process at IIM Raipur (2024)
- Eligibility Criteria
PGP: Bachelor’s degree with a minimum of 50% marks (45% for reserved categories). A valid CAT score is required.
ePGP: Bachelor’s degree with a minimum of 50% marks and work experience of at least 3 years.
FPM: Master’s degree or equivalent with 55% marks. CAT, GMAT, GRE, or GATE scores are generally required.
EFPM: Similar to FPM but specifically for candidates with a minimum of 7 years of work experience.
PGPMWE: Bachelor’s degree and relevant work experience (minimum of 5 years).
- Selection Process
CAT Scores: For PGP admissions, the CAT score is a primary criterion for shortlisting candidates.
Personal Interview (PI): Shortlisted candidates undergo a PI round, assessing communication skills, critical thinking, and suitability for the program.
Writing Ability Test (WAT): Candidates are tested on written communication skills and analytical thinking.
- Admission Process for FPM and EFPM
Candidates must submit their academic records, entrance exam scores, and a statement of purpose (SOP).
Shortlisted candidates undergo a research aptitude test followed by a PI round.
Admissions are based on academic performance, test scores, research interests, and work experience.
- Application Deadlines
PGP: Typically opens in August, with deadlines in November.
ePGP and PGPMWE: Rolling admissions, but early application is encouraged.
FPM and EFPM: Admissions generally open in December, with deadlines in February.
Campus Facilities and Student Life
IIM Raipur provides state-of-the-art facilities, fostering a collaborative learning environment. Here’s a look at some key facilities:
- Library: Extensive collection of books, journals, and e-resources, along with access to prominent databases.
- Hostels: Separate accommodation for men and women, with furnished rooms and recreational areas.
- IT Facilities: Wi-Fi-enabled campus, dedicated computer labs, and access to software tools.
- Sports Facilities: Cricket, football, badminton, basketball, and indoor games facilities.
- Incubation Centre: Supports entrepreneurship and innovation with resources and mentorship.
IIM Raipur’s campus life is dynamic, with multiple clubs and committees for students interested in finance, marketing, consulting, entrepreneurship, culture, and sports.
FAQs
- What is the CAT cutoff for IIM Raipur?
The CAT cutoff varies yearly, but generally, a percentile of 95 or above is considered competitive for shortlisting in the PGP program.
- Are scholarships available for PGP students?
Yes, IIM Raipur offers scholarships based on academic performance, economic need, and specific categories like SC/ST and female students.
- What kind of career support does IIM Raipur provide?
IIM Raipur has a dedicated placement cell that provides career counseling, internship support, and placement assistance. The cell also organizes workshops and guest lectures to enhance employability.
- Can I apply for both PGP and ePGP programs?
Yes, provided you meet the eligibility criteria for each program. However, they are structured differently, so choose based on your career goals and availability.
- What is the average salary package for IIM Raipur graduates?
The average package for PGP graduates in the recent placement season was approximately INR 18 LPA, with top packages reaching up to INR 42 LPA.
- Is hostel accommodation mandatory for PGP students?
Yes, hostel accommodation is generally mandatory for PGP students to foster a cohesive and collaborative learning environment.
- How competitive is the admission process for FPM?
The FPM program is highly competitive due to the limited number of seats and the focus on research aptitude. Admission is based on academic performance, test scores, and research proposals.
- What is the application fee for PGP?
The application fee for PGP is typically around INR 2,000, though this may vary each year.
- Are international students eligible to apply to IIM Raipur?
Yes, international students can apply, but they may need to provide GMAT scores if they cannot take the CAT.
- How can working professionals manage the ePGP schedule?
The ePGP is structured with weekend classes and online components to suit the schedule of working professionals.
- Does IIM Raipur offer internships?
Yes, PGP students participate in a summer internship program, which is a compulsory component of the curriculum.
- Are there research grants for FPM students?
Yes, FPM students are eligible for research grants and stipends, subject to the guidelines and availability of funding.
Conclusion
IIM Raipur continues to grow as a center of excellence, attracting top talent from across the country. With its comprehensive programs, robust placement record, and commitment to fostering research and innovation, IIM Raipur is a preferred choice for aspiring management professionals. Admissions for 2024 are open, offering an exciting opportunity for students to join one of India’s top management institutes and embark on a transformative educational journey.
