IIM Indore Mumbai Campus is the Powai delivery centre of Indian Institute of Management Indore (IIM Indore). The Government of India established IIM Indore in 1996 under the Ministry of Education, and it is among India’s six older-generation IIMs. The Mumbai campus runs only the Post Graduate Programme in Management for Working Executives (PGPMX), a two-year alternate-weekend MBA for senior professionals who want to remain employed while studying.

IIM Indore holds AACSB accreditation. It secured the 8th position in the NIRF Management Ranking 2025 with a score of 75.68. In the FT Executive MBA Rankings 2025, PGPMX stood 3rd among Indian business schools in the global ranking and 1st in India for Career Progress.

Teaching takes place at the institute’s Powai campus on alternate Saturdays and Sundays. The course covers 48 weekends across two years, allowing participants to retain their full-time jobs throughout the programme.

  • Post Graduate Programme in Management for Working Executives (PGPMX), the only course offered at IIM Indore Mumbai Campus
    • Duration: 2 years, delivered over 48 alternate weekends
    • Intake: Professionals who have at least 5 years of managerial experience after completing a bachelor’s degree
    • Includes a compulsory 5-day International Immersion Programme during Year 2
    • Graduates are awarded an MBA degree from IIM Indore

The complete PGPMX fee is INR 21.29 Lakhs for two years. Applicants must also pay a separate, non-refundable application charge of INR 5,000.

Admission Update: The 25th PGPMX batch has commenced. Applications for the 26th batch are expected to open between October and November 2026. Visit iimidr.ac.in for the official notification.

IIM Indore Mumbai Campus Admission Dates 2026

PGPMX is the campus’s only programme and has two intakes each year. The upcoming intake is the 26th batch. Its application window is expected between October and November 2026, while the course is tentatively scheduled to begin in early 2027. IIM Indore will publish the confirmed schedule on its official website.

EventDate
26th Batch Applications Expected to OpenOctober to November 2026
26th Batch Programme StartEarly 2027, tentative

Subject to revision. Kindly check with the official sources to confirm

IIM Indore Mumbai Campus Courses and Fees

The Mumbai campus offers only PGPMX. Its INR 21.29 Lakhs programme fee is paid in instalments over six terms. The separate application fee is INR 5,000 and cannot be refunded.

ProgrammeDurationEligibilityTotal Fees
PGPMX (Post Graduate Programme in Management for Working Executives)2 years (48 alternate weekends)Bachelor’s degree with 50% and 5 years of work experienceINR 21.29 Lakhs

Subject to revision. Kindly check with the official sources to confirm

PGPMX is divided into six terms. Students study strategy, finance, marketing, operations, economics and leadership before choosing electives in Year 2. The second year also includes a compulsory five-day international visit under the International Immersion Programme. Participants pay their own travel and accommodation expenses because these costs are outside the programme fee.

After completing the course, students receive the same MBA degree from IIM Indore that is awarded at the main Indore campus. Since sessions are held on alternate weekends, participants can continue earning their salaries and retain their professional seniority instead of leaving employment for a residential executive MBA.

IIM Indore Mumbai Campus Admission Process

PGPMX Admission

Admission to PGPMX is managed directly by IIM Indore through an aptitude test followed by an interview at the Mumbai campus. Applicants do not need CAT, GMAT or GRE scores.

  • Eligibility: A bachelor’s degree from a recognised university with at least 50% aggregate marks or an equivalent CGPA
  • Experience: At least 5 years of full-time managerial, entrepreneurial or professional experience after the bachelor’s degree, with no exception to this condition
  • Nationality: Applications are accepted from Indian as well as international candidates
  • Entrance scores: CAT, GMAT and GRE are not required

The course-wise selection route is given below.

CourseEntrance ExamAdmission Route
PGPMXIIM Indore Aptitude TestAptitude Test and Personal Interview at the Mumbai Campus
  1. Eligible applicants first take the IIM Indore Aptitude Test, which evaluates analytical and verbal ability.
  2. Those shortlisted through the test attend a Personal Interview with IIM Indore faculty. The discussion reviews the applicant’s professional record, leadership experience and suitability for the programme.
  3. The aptitude test and interview take place on the same day at the Mumbai campus.
  4. Final selection considers performance in both stages, with substantial importance given to the applicant’s work-experience profile.
  5. IIM Indore sends admission offers within 8 days after the interview. Selected applicants have 10 days to accept.
  6. A non-refundable commitment fee must be paid when accepting the offer. This amount is included in the total programme fee.

IIM Indore Mumbai Campus Placements and Career Outcomes

PGPMX serves professionals who already have significant work experience, so it focuses on career growth instead of conventional campus recruitment. Outcomes are assessed through advancement to higher roles, salary increases after the degree and movement between industries. The FT Executive MBA Rankings 2025 placed IIM Indore 1st in India for Career Progress and 13th globally in this category.

Participants generally enter the course while holding mid-level or senior positions in banking, financial services, consulting, technology, manufacturing and healthcare. Alumni have moved into senior management, board-level advisory work, entrepreneurship and roles in new industries. Their peer group and the IIM Indore alumni network support these transitions.

Each PGPMX batch brings together working professionals from different sectors in Mumbai and the wider Maharashtra region. Students can develop this professional network during alternate-weekend classes without giving up their current employment, seniority or employer relationships.

Note: PGPMX does not release standard campus-placement figures such as average CTC or recruiter counts because its participants are experienced employees rather than fresh graduates seeking entry-level jobs. Students can ask the IIM Indore admissions office or PGPMX alumni for more information about career outcomes.

IIM Indore Mumbai Campus Rankings

National and international ranking organisations assess IIM Indore and its executive MBA offering. Since PGPMX is mainly taught at the Mumbai campus, the executive MBA rankings apply to this programme.

Ranking BodyCategory2025 Rank
NIRFManagement (IIM Indore overall)8 (Score: 75.68)
FT Executive MBAEMBA (Global)3rd in India, 13th globally in Career Progress
QS Executive MBAEMBA (Asia Pacific)Top 25 in Asia Pacific, 3rd among IIMs

IIM Indore held the 8th NIRF Management position in 2025, 2024 and 2023. During these three ranking cycles, its overall score increased from 71.95 to 75.68. The FT ranking of 13th globally for Career Progress is based on the salary growth and advancement in career level reported by alumni within three years after graduation.

IIM Indore Mumbai Campus Scholarships

PGPMX does not have an institutional scholarship based on merit. A small number of selected students may receive need-based financial help. The availability and amount of this assistance are stated in the admission notice for each batch.

TypeDetails
Need-based Financial AssistanceAvailable on a limited basis and announced through each batch’s notification on iimidr.ac.in
Education LoansOffered by major banks, with IIM Indore’s government institution status supporting faster processing
Employer SponsorshipEmployers sponsor some participants fully or partly. Applicants should check this option with their employer’s HR team before applying

Major Indian banks and NBFCs provide education loans for PGPMX. Loans may be available without collateral up to limits set by individual lenders, while eligibility requirements and interest rates differ. Banks generally process IIM loans favourably because of IIM Indore’s status as a government institution and its placement record.

IIM Indore Mumbai Campus vs SPJIMR vs IIM Kozhikode

Mumbai-based professionals may compare IIM Indore PGPMX with the SPJIMR PGPM and the IIM Kozhikode Executive Programme in General Management. All three options are intended for experienced professionals, but their schedules, delivery formats and entrance requirements differ.

ParameterIIM Indore Mumbai (PGPMX)SPJIMR (PGPM)IIM Kozhikode (EPGPM)
Programme TypeWorking Executive MBA, weekendFull-time, 1 yearExecutive, blended delivery
Duration2 years (48 weekends)1 year1 year
LocationPowai, MumbaiAndheri, MumbaiKozhikode, Kerala, with online delivery
Minimum Work Experience5 years5 years5 years
Entrance RequirementIIM Indore Aptitude TestGMAT / GRE / CATGMAT / CAT
IIM BrandYes, IIM Indore degreeNoYes, IIM Kozhikode degree
FT EMBA Ranking3rd in India (2025)Not ranked in FT EMBANot ranked in FT EMBA

PGPMX provides an IIM Indore degree, appears in the FT global ranking and uses its own aptitude test instead of GMAT. SPJIMR PGPM lasts one year but requires students to leave work for full-time study. IIM Kozhikode EPGPM combines online instruction with campus learning. These programmes serve experienced candidates who want management qualifications, while the IIM Ahmedabad and IIM Bangalore PGP courses follow a full-time MBA format.

IIM Indore Mumbai Campus FAQs

Ques. Do PGPMX applicants need to submit a CAT score?

Ans. No. Admission does not depend on CAT, GMAT or GRE. Applicants take the IIM Indore Aptitude Test and then attend a Personal Interview at the Mumbai campus. Professionals can submit their applications through the official IIM Indore website even if they did not appear for CAT.

Ques. How much professional experience is necessary for PGPMX admission?

Ans. An applicant needs at least 5 years of full-time managerial, entrepreneurial or professional work after earning a bachelor’s degree. IIM Indore applies this rule without exceptions and calculates experience up to the application deadline.

Ques. How much does the IIM Indore Mumbai PGPMX programme cost?

Ans. The two-year programme costs INR 21.29 Lakhs, paid through instalments over six terms. The additional application charge of INR 5,000 is non-refundable. Students also pay the travel and accommodation expenses connected with the Year 2 International Immersion Programme.

Ques. Does PGPMX allow participants to remain in full-time employment?

Ans. Yes. Classes take place on alternate Saturdays and Sundays for 48 weekends over two years. The schedule is designed for employed professionals, so participants can keep working and do not need a leave of absence.

Ques. Which degree do students earn from the Mumbai campus?

Ans. Successful students receive an MBA degree from IIM Indore, identical to the degree conferred at the Indore campus. IIM Indore is accredited by AACSB, and the qualification has full institutional recognition equivalent to degrees granted by other IIMs.

Ques. Where did IIM Indore place in the latest NIRF Management ranking?

Ans. IIM Indore held the 8th position in NIRF Management 2025 with a score of 75.68. It also occupied the 8th place in 2024 and 2023. This institutional ranking covers IIM Indore as a whole, including PGPMX at the Mumbai campus.

Ques. When are applications expected for the next PGPMX intake?

Ans. The 25th batch has already started, and applications for the next intake are expected between October and November 2026. This schedule is tentative. Applicants should use the official IIM Indore website to check the confirmed announcement.

Ques. What positions does PGPMX hold in international executive MBA rankings?

Ans. The FT Executive MBA Rankings 2025 placed IIM Indore 3rd among Indian business schools in the global EMBA ranking and 1st in India for Career Progress. In the QS Executive MBA Rankings 2025, it appeared in the Top 25 in Asia Pacific and ranked 3rd among IIMs.