IMI Bhubaneswar Admission 2024: Registers Average Salary of Rs.11.30 LPA; Will accept CAT, XAT, CMAT & GMAT Scores; Application is Open

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MBAUniverse.com News Desk
Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on March 4, 2024
International Management Institute a leading B-school, with campuses at New Delhi, Bhubaneswar and Kolkata, is India's first corporate-sponsored Business School. Epitomizing a Gurukul, IMI Bhubaneswar offers AICTE approved PGDM), and FPM programmes with strong placements. IMI Bhubaneswar will accept CAT, XAT, CMAT and GMAT score for PGDM admission 2024. Application is open for admission
IMI Bhubaneswar Admission 2024

International Management Institute (IMI) is India’s first corporate sponsored B-School which was founded in 1981 in New Delhi by leading corporates including RPG Enterprises, ITC, Nestle, Tata Chemicals, British Oxygen, SAIL and was launched in collaboration with International Management Institute, Geneva which is now known as IMD Lausanne, among the top B-Schools in the world.  In 2010-11, IMI established its two more campuses at Kolkata and Bhubaneswar.

Founded by RP-Sanjiv Goenka Group, to enable bright young minds gain access to the world class management-pedagogy, is an ever changing, ever evolving institute which has established itself consistently among the top five percent business schools in India, IMI Bhubaneswar, started operation in 2011. Despite being a young institute, IMI Bhubaneswar achieved the 67th rank in the National Institutional Ranking Framework (NIRF) 2023 conducted by the Ministry of HRD, Govt. of India among top B-schools of India. IMI Bhubaneswar has a consistent record of 100% placements over the years. In Placement 2023 for the 2021-23 batch, IMI Bhubaneswar has achieved higher average salary at Rs.11.30 LPA and highest salary of Rs.19.20 LPA.

IMI Bhubaneswar Admission 2024 Open: Apply Now

IMI Bhubaneswar currently offers AICTE approved Post Graduate Diploma in Management (PGDM), and FPM (equivalent to PhD) programmes. IMI Bhubaneswar draws sustenance through creation; dissemination and application of knowledge which integrates seamlessly with each other to translate into research, teaching and training for its stakeholders. Nested in an ecologically invigorating ambience and sculpted by a renowned architect, IMI epitomizes a “gurukul.”

Read this exclusive MBAUniverse.com article to be the first to know the IMI Bhubaneswar key Highlights and USPs, fee, placements, selection process and other key details. This article shares why you should consider applying for PGDM admission 2024 at IMI Bhubaneswar along with other top B-schools

Table of Contents

  1. IMI Bhubaneswar: Key Highlights and USPs
  2. IMI Bhubaneswar Faculty: Top Faculty in India
  3. IMI Bhubaneswar Fees, Programmes Offered, Seats
  4. IMI Bhubaneswar Placements: 100% Placement Record
  5. IMI Bhubaneswar Scholarships
  6. IMI Bhubaneswar Notable Alumni: VPs, HR Heads, Managers
  7. IMI Bhubaneswar Admission Eligibility Criteria 2024
  8. How to Apply for IMI Bhubaneswar Admission 2024? Key Points
  9. IMI Bhubaneswar Admission Dates 2024
  10. IMI Bhubaneswar Admission Process 2024: Step by Step Process

1. IMI Bhubaneswar: Key Highlights & USPs
IMI Bhubaneswar is regarded as one of the leading B-schools of India.  Some of the key highlights and USPs of IMI Bhubaneswar are:

  • 1.1 Ranked Among Top B-schools: IMI Bhubaneswar has been ranked # 67 among top Business Schools in India by the National Institutional Ranking Framework (NIRF) 2023, Ministry of Human Resource Development (MHRD), Government of India. IMI Bhubaneswar is ranked #62 by MBAUniverse.com B-School Ranking 2023
  • 1.2 Accreditation & Approvals: IMI Bhubaneswer is the 13th PGDM institution in India to have got AMBA (Association of MBAs) Accreditation. It is also NAAC (National Assessment and Accreditation Council) Accredited. PGDM program at IMI Bhubaneswar is approved by AICTE and is accredited by National Board of Accreditation (NBA) and also awarded MBA equivalence by Association of Indian Universities (AIU).
  • 1.3 High quality faculty: The very best quality faculty in terms of both teaching and research ensure that students of IMI Bhubaneswar have superior learning outcomes that help them not only in their first job but throughout their career.
  • 1.4 IMI Bhubaneswar Fees: IMI Bhubaneswar fees for flagship PGDM 2024-26 batch is Rs.13.29 lakhs for 2 years. In addition students need to pay Rs.21000 towards refundable security
  • 1.5 Strong IMI Bhubaneswar Placements: IMI Bhubaneswar Placements 2023 have recorded higher salary packages. The Average Salary has gone up at Rs.11.30 LPA and the highest salary has gone up at Rs.19.20 LPA in placement 2023. Top Recruiters in IMI Bhubaneswar placement 2023 include Infosys, Capgemini, Deloitte, Havells, Kotak Mahindra Bank, PWC, ICICI Bank, HDFC Bank, Tech Mahindra, TAS among others
  • 1.6 IMI Bhubaneswar Scholarships: IMI Bhubaneswar offers various scholarships to meritorious and needy students like high scorers in MBA Entrance exams
  • 1.7 IMI Bhubaneswar Alumni: IMI Bhubaneswar alumni are the torch bearers of their institute and are occupying top position in corporate and industry. They also guide the upcoming batches in their career progress. Notable alumni include HR Director, Marketing Managers, Risk Analytics, Sales and Marketing Executives among others
  • 1.8 Curriculum & Pedagogic Innovations: IMI is known for its consistent changes and innovations in curriculum that are industry centric.

2. IMI Bhubaneswar Faculty: Top Faculty in India
IMI faculty is one of the best in India, possessing top academic qualifications and rich teaching and industry experience. Most of the faculty members are Ph.D. and are engaged in high quality research work. Many IMI Faculty members are PhD from IIMs and IITs and from Foreign Universities. Most of the permanent faculty are with 10+ years of teaching experience. Besides IMI has number of visiting faculty members with rich Industry Experience.

IMI Bhubaneswar Admission 2024 Open: Apply Now

3. IMI Bhubaneswar Fees, Programmes offered & Seats
Below are shared the details of IMI Bhubaneswar 2 years full time PGDM program with fees and intake for the 2024-26 batch.

Program

IMI Bhubaneswar Fees

Seats

2 year full time Post Graduate Diploma in Management (PGDM)

Rs.13,29,000 + Rs.21000 as refundable security

180

3.1 IMI Bhubaneswar PGDM Programme Specializations
IMI Bhubaneswar course for the PGDM Programme is spread over six trimesters, each trimester being of 11-12 weeks. The first three trimesters are essentially devoted to foundation courses, across core areas of management. These are aimed at providing the student with the conceptual understanding of the functional areas.

IMI Bhubaneswar offers range of specializations in the 2nd year of PGDM programme. Students will have an opportunity to specialize in the functional area of their interest. A student can specialize in more than one area. The areas of Specialization are:

  • Marketing
  • Finance
  • Organisational Behaviour and Human Resource Management
  • Decision Sciences & Operations
  • Information Systems and Analytics
  • Strategy

4. IMI Bhubaneswar Placements 2023 & 2022
IMI Bhubaneswar has a consistent record of strong placements. Both Average and highest salary have gone up in Placement 2023. Below are the key highlights

4.1 IMI Bhubaneswar Placement 2023: Key Highlights

  • Average Salary goes up at Rs.11.40 LPA in placement 2023
  • Highest Salary in placements 2023 goes up at Rs.19.20 LPA
  • Top recruiters include Infosys, Capgemini, Deloitte, Havells, Kotak Mahindra Bank, PWC, Guilfree Industries, Future Generali, General Insurance, ICICI Bank, HDFC Bank, Volvo Eicher Commercial Vehicles, Tech Mahindra, Exide Industries, Tata Advanced Systems Ltd, SBI Life Insurance

4.2 IMI Bhubaneswar Placement 2022: Key Highlights

  • Average Salary: Rs.10.07 LPA
  • Highest Salary: Rs.17.25 LPA
  • Top Recruiters: Accenture, Deloitte, KPMG, Capgemini, Kantar, Infosys, PwC, Tresvista, HDFC, CBRE, Kotak, Tech Mahindra, Dell, Berger, Marico, SBI Life, TCS

5. IMI Bhubaneswar Scholarship Schemes
IMI Bhubaneswar offers Institute based Merit Scholarships and other scholarships to students to support them to pursue the management program with reduced financial burden as MBA education is getting more and more expensive. MBA scholarships, offered by the MBA colleges in India not only reduce the burden of high MBA Fee, it turns out to be good support during the MBA course. Since students’ dream of doing MBA from one of the top MBA colleges requires lot of money during the course of study, the MBA scholarship offers fee waiver depending upon your performance in entrance exam, academics, category and skill set. To reduce the financial burden on Meritorious students, Good MBA colleges offer number of MBA scholarships to its students in first and second year of MBA course.

IMI Bhubaneswar Admission 2024 Open: Apply Now

5.1 Schemes of IMI Bhubaneswar Scholarships
IMI Bhubaneswar scholarships are offered to meritorious and needy students. IMI Bhubaneswar has the provision for awarding the following scholarship and rewards to the deserving performers. Merit scholarships are awarded for outstanding cumulative academic performance. Summer internship scholarship is awarded to emphasize the seriousness of summer internships and encourage the students to put in their maximum effort.

IMI Bhubaneswar Scholarship Eligibility Criteria, Amount and other details

Scholarship Name
Eligibility/Award Criteria
Amount of Scholarship
Brief description and other details
EWS
 
Parents’ income should be less than 8 lac.. The candidate CAT score is high
Full tuition fee waiver
Bright candidates who belong to economically weaker sections get full tuition fee waiver
Meritorious candidates
 
CAT/CMAT 80 % and above and 60 % and above in 10th,12th & Graduation
As per calculation from all academic scores
Weightage is calculated
Wards of defense personnel
 
Candidate should be a ward of defense personnel
50,000
 
IDFC Bank
 
 
1 lakh per year
We apply for all candidates they select a few candidates for the same
 
SIP Projects
Performance based
10,000 to 25000
As per performance
Academic scholarships
 
As per merit
20,000 to 50,000plus gold, silver and bronze medel.
As per merit

6. IMI Bhubaneswar Alumni
IMI Bhubaneswar Alumni are many top leaders including HR Director, Managers, Analysts entrepreneurs. These IMI Bhubaneswar famous alumni are leading many companies. IMI Bhubaneswar notable alumni are making their B-school proud and are the constant inspiration for the upcoming management graduates. A list of IMI Bhubaneswar Notable Alumni is shared below:

Alumni Name
Designation
Company
Navneet Goel
Vice President - Regional Head
IndusInd Bank
Abhinav Anand
Assistant Vice President
Citi Group
Ajeet Singh Chauhan
Associate Vice President
Paytm
Paresh Sunil Mokashi
Assistant Vice President
JP Morgan Chase & Co.
Ishaan Rattanpal
Co Founder
Sony Innovations
Kriti Kumar
Senior Human Resource Specialist
Bain & Company
Punyatoya Panigrahi
Senior Manager- Deputy HR Head
TCS
Amiya Kumar Samal
Head of Talent Acquisition
Upgrad
Rameswar Behera
Senior Human Resources Business Partner
Yes Bank
Amrit Ratna Routray
State Growth Manager
ZOMATO
Dhiraj Kunder
Senior Manager-Insights and Analytics
Kellogs

6.1 Notable IMI Bhubaneswar Alumni: Brief Particulars

  • Navneet Goel - Graduated from Silicon Institute of Technology (2005-2009) before coming to IMI Bhubaneswar (2011-2013)  and then did CAIIB from Indian Institute of Banking and Finance (2018). Did his Summer Internship in Ernst & Young and stared his corporate journey from First Choice as a Management Trainee in (2013-2014) after that he took to core banking roles and worked as Assistant Manager in CitiBank (2014-2015) then Senior Manager and Assistant Vice President  in Yes Bank (2017-2019) and is serving as VP and Regional Head in IndusInd Bank from 2021 stationed in Gurugram, India.
  • Abhinav Anand -   Graduated from The Maharaja Sayajirao University of Baroda (2008-2011) before coming to IMI Bhubaneswar (2011-2013). He started his corporate journey with Philips Carbon Black Ltd. where he served as Assistant Manager (2013-2014) then he came on board with Citi Bank where he progressed through the roles starting from Assistant Manager Finance (2014-2015) then Deputy Manager Finance (2016-2018) then Finance Manager (2018-2021) and presently serving as Assistant Vice President from 2021, stationed in Mumbai, India.
  • Ajeet Singh Chauhan- Graduated from IET Lucknow, Motivational Pathway, B.tech in Electronics and Communication Engineering. PGDBM from IMI Bhubaneawar in Marketing and IT, 2012-14. Started his career as Senior Associate, Wipro (2007-08), then joined as Subject Matter Expert in  Amdocs (2009-11). In 2012 worked for a Project in Bosch India. In  2014 joined as Deputy Manager in Saregama India Ltd.(Chennai), then in Mar2014 as Deputy Manager in Mettl (Gurgaon). Worked as a Senior Product Manager in Paytm (Noida-2015-20) and as a  Program Manager in Microsoft(Hyderabad, 2020-22). Currently working as Associate Vice President in Paytm( Noida).
  • Paresh Sunil Mokashi - Graduated from Konark Institute of Science and Technology. B.tech in Electronics and telecommunication. PGDM in Finance and Marketing, 2013-15. Worked as summer intern in Central Bank of India(2014). SErved as Management Trainee( 2015-16) and Assistant Manager (2016-17) in Firstsource and also as an Assistant Manager (2017-19) and manager (2019-21) in Citicorp Services Pvt Ltd. Currently working in J P Morgan Chase and Company as Assistant Vice President .
  • Ishaan Rattanpal- Graduated from Shri Mata Vaishno Devi University (B.Tech in ECE). Completed PGDM in Marketing from IMI Bhubaneswar 2012-14 Batch. He worked at Ogilvy & Mather as Client Servicing Manager. Done internship at TATA Motors. He joined RPSG Group for 2 years. Currently, he is the Co-Founder of Sony Innovation Hub (SPNI) for the last 6 years 10 months (2016-present). He is currently located in Mumbai, Maharashtra.
  • Kriti Kumar- Graduated from Delhi University (B.Comm. Honours). Completed PGDM in HR & Marketing (2013-15). She worked as a Senior Manager at FirstSource for 6 years 10 months initially. Currently she is working as Senior Human Resource specialist at Bain & Company located in Bangalore.

7. IMI Bhubaneswar Admission Eligibility Criteria 2024
There is common eligibility criteria for admission to IMI Bhubaneswar, IMI New Delhi and IMI Kolkata as regards to education qualification. However, the IMI eligibility criteria for exam scores accepted by IMI Bhubaneswar, IMI Kolkata and  IMI New Delhi are different. Shared below is the IMI Bhubaneswar eligibility criteria for PGDM 2024-26 batch

  • The applicant must hold a minimum 3 years’ bachelor's degree recognized by AIU (Association of Indian Universities), with at least 50% marks or equivalent CGPA
  • A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results are also eligible to apply.
  • Apart from a recognized graduate degree, the candidate should have appeared in CAT 2023/XAT 2024/CMAT and must score the required cut off
  • Candidates with Foreign Nationality are also eligible, based on their GMAT scores

8. How to Apply for IMI Bhubaneswar Admission 2024
Candidates seeking admission to PGDM program 2024 at IMI Bhubaneswar should submit the online application form along with the admission application fee, which is non-refundable.

  • Applicants should complete the online application form and submit it along with the non-refundable application fee and other required documents
  • Application processing fee is Rs.1250/- + GST @18% for an applicant desirous of applying to the PGDM Programme at IMI Bhubaneswar.
  • The application processing fee can be paid through Credit Card/ Debit Card/Bank Transfer through the designated payment gateway.

9. IMI Bhubaneswar Admission 2024: Important Dates
The dates to apply for IMI Bhubaneswar admission 2024 are: 

IMI Bhubaneswar Admission Activity
Important Date
Last date to apply for IMI Bhubaneswar Admission 2024
Closing Soon
Short List Announcement
April/May 2024
Session Commencement
July 2024

10. IMI Bhubaneswar Admission Process 2024: Step by Step Process
Here are the key highlights of IMI Bhubaneswar Admission 2024 process:

10.1 Acceptable Entrance Exams for IMI Bhubaneswar Admission 2024
For PGDM Admission 2024, IMI Bhubaneswar will accept CAT 2023/XAT 2024/CMAT 2024 and GMAT score

10.2 IMI Bhubaneswar Admission Criteria 2024: Step by Step Selection Process
IMI Bhubaneswar admission 2024 criteria have two steps. The first step in IMI Bhubaneswar PGDM Selection Criteria is the shortlisting criteria with cut offs and the second step in IMI Bhubaneswar PGDM Selection Criteria is final selection round with varying weightages awarded to different components as detailed below:

10.2.1 Step-1: IMI Bhubaneswar Admission 2024: Shortlisting Criteria
Shortlisting process in IMI Bhubaneswar PGDM Selection criteria has been changed for Admission 2024. Entrance Exam Scores will no longer be the only criteria and Quality Parameters now matter more. Candidates who apply for the IMI Bhubaneswar PGDM admission will be shortlisted on the basis of following information provided in the application form:

  • CAT/XAT/CMAT/GMAT score
  • Academic Record
  • Only shortlisted candidates will be called for the final stage of the selection process.

10.2.2 IMI Bhubaneswar Cut Off
IMI Bhubaneswar cut off for the acceptable exam scores is applied while shortlisting the candidates for final selection round. Below are the likely IMI Bhubaneswar cut off for shortlisting the candidates for admission 2024.

Acceptable MBA Entrance Exams
Expected IMI Bhubaneswar Cut off
CAT 2023
65-70
XAT 2024
65-70
CMAT 2024
70-75

10.2.3 Step-2: IMI Bhubaneswar Admission 2024: Final Selection Criteria
Final Selection at IMI Bhubaneswar is based on multiple parameters like performance in Personal Assessment round which will have components like Essay Writing, Extempore, Group Discussion and Personal Interview. The Final Admission offer at IMI Bhubaneswar is based on following components:

  • Entrance exam scores (CAT/XAT/CMAT/GMAT)
  • Past Academic Performance in graduation, class XII & X
  • Performance in Group discussion, Extempore Speaking, Essay Writing, Personal Interview
  • Quality of work experience
  • Diversity across multiple dimensions
  • Extra-curricular activities
  • The overall objective is to identify and assess the candidate’s potential

10.2.4 IMI Bhubaneswar PGDM Admission 2024: Personal Interview
During the Personal Interview process, the candidate will be evaluated on the following parameters:

  • Communication and Interpersonal Skills
  • Cognitive and Problem Solving Skills
  • General Awareness
  • Domain Knowledge
  • Future potential for employability

10.2.5 Final Admission Offer

  • The Final selection of the candidate is based on Entrance Exam Score + academic profile + Personal Assessment Score
  • Admission Offer will be based on IMI Bhubaneswar Selection Index Score arrived after the assessment has been made during the various stages of the selection process as defined above
  • The result will be emailed to the shortlisted candidates and will be notified on the IMI Bhubaneswar Website
  • Successful candidates, who have been offered admission, will be required to pay the 1st instalment of fee within two weeks of the date of offer, failing which the offer shall stand lapsed and admission will be offered to the next candidate on the waiting list, without any further intimation.

To close this article, remember that IMI Bhubaneswar Admissions are now open and you can apply with CAT, XAT, CMAT registration and update the scores when received. Also that IMI Bhubaneswar will give weightage to your overall profile for shortlisting for interview. Candidates with a moderate entrance exam score but good profile stand a good chance. So, Apply Now

Stay tuned to MBAUniverse.com for latest updates on IMI Bhubaneswar