What is the IIM Indore PGPMX (Executive MBA)?

PGPMX is the Post Graduate Programme in Management for Executives — a two-year, alternate-weekend Executive MBA designed for working professionals and entrepreneurs who want an IIM MBA without taking a career break.

What degree is awarded on completion of PGPMX?

Successful participants are awarded a Master of Business Administration (MBA) degree from IIM Indore.

Who is the PGPMX program designed for?

The program targets mid-to-senior level managers, entrepreneurs, consultants and professionals (typically with 5+ years of full-time managerial or professional experience) seeking leadership roles without taking a career break.

What are the minimum eligibility criteria for PGPMX?

Applicants must hold a bachelor’s degree (or equivalent) with at least 50% marks (or equivalent CGPA) and have a minimum of 5 years full-time managerial/professional experience after the bachelor’s degree (as of the application deadline).

Is there an entrance exam like GMAT or CAT for PGPMX?

Selection is based on an Aptitude Test and Interview conducted by IIM Indore. Candidates may also submit valid GMAT, GRE or CAT scores as per the admissions notice; score acceptance and validity requirements are published for each admission cycle.

Where are the PGPMX classes held and what is the schedule?

Classes are held on alternate weekends at IIM Indore’s Mumbai Campus (Hiranandani Knowledge Park, Powai). Typical class hours are Saturdays 08:00–18:30 and Sundays 08:00–17:00, with a recommended 15–20 hours/week of self-study and assignments.

How long is the PGPMX program and how is the curriculum structured?

PGPMX runs for two years and follows a modular structure across six terms. Terms 1–3 cover core courses; Terms 4–6 offer electives and specialization along with a Capstone project and case writing.

What core subjects are taught in the first year?

Core courses include Strategic Management, Financial Accounting & Management, Operations Management, Marketing Management, Macroeconomic Policy & Environment, Business Ethics & CSR, Leadership & Change Management, and Data Analytics & Decision Analysis.

What elective specializations are available in Year 2?

Electives cover areas such as Finance & Accounting, Marketing, Operations & Supply Chain, Strategic Management, Human Resource Management, Information Systems, Communication, Economics and Humanities & Social Sciences. An elective is run only if at least 40% of the batch opts for it.

What practical project requirements does PGPMX include?

Participants must complete a Capstone project and write a business case under faculty mentorship in the final term, applying classroom learning to real organizational problems and data.

What is the total fee for the PGPMX program and how is it paid?

The total programme fee is ₹17,60,000. Fees are payable term-wise (Commitment Fee ₹1,00,000; Term I ₹2,85,000; Terms II–VI typically billed across remaining terms; Alumni fee ₹10,000). Participants also bear additional costs for travel & accommodation related to the IIP and any Indore campus modules.

Are there any preparatory resources provided after admission?

Yes. On acceptance and payment of the Commitment Fee, participants gain access to Online Preparatory Courses (e.g., Financial Accounting, Management Communication, Quantitative Methods) and can earn credits upon successful completion.

What types of professionals and industries are represented in the cohort?

Cohorts are diverse and typically include professionals from IT/software, engineering & manufacturing, finance & banking, consulting, operations & supply chain, and specialist technical roles. Experience levels often range from 5 to 24+ years, with many in senior management roles.

What skills and outcomes can participants expect after PGPMX?

Graduates gain enhanced strategic thinking, leadership and decision-making skills, international exposure, a strong senior-level network, and improved career acceleration and earning potential — often moving into senior leadership roles or new functions/industries.

How competitive is admission and how are offers communicated?

Admission is selective and based on performance in the Aptitude Test and Interview (and valid test scores submitted where applicable). Offers are typically communicated by email within a short period after interviews; candidates must accept and pay the Commitment Fee to reserve their seat.

What does the Aptitude Test for PGPMX assess?

The Aptitude Test evaluates quantitative skills, logical reasoning and reading comprehension. Sample topics include statistics, rates and time, compound interest, logical deduction problems and passage-based comprehension questions.

Are international applicants eligible for PGPMX?

Yes. The programme is open to applicants of all nationalities who meet the eligibility criteria and application requirements.

What are typical application deadlines and batch start months?

Deadlines vary by intake. Examples: a batch commencing August 2025 had an application deadline of 22 June 2025 and tests/interviews in late June. Another intake commencing January 2026 had a December deadline. Always confirm current dates on the official IIM Indore admissions page.

How many hours per week should participants expect to commit?

Participants should expect to spend about 15–20 hours per week on self-study, assignments and project work in addition to weekend classroom time.

Is the PGPMX curriculum as rigorous as the full-time PGP?

Yes. PGPMX follows a rigorous curriculum taught by IIM Indore faculty, with learning objectives and academic standards comparable to the full-time PGP while being delivered in a format suited to working professionals.

What are the tuition and extra costs associated with the International Immersion?

Tuition for the IIP is included in the programme fee, but participants pay separately for travel, accommodation and meals incurred during the immersion.

Is there an alumni fee and when is it charged?

Yes — an alumni fee (e.g., ₹10,000) is typically charged along with the Term I fee. Applicable taxes and exact timing are indicated in the admission offer and fee schedule.

How are electives scheduled and what if a course has low demand?

Electives are offered in Terms 4–6. For an elective to run, a minimum threshold (commonly 40% of the batch) must opt for the course; otherwise it may not be offered that year.

How can I apply for the PGPMX programme?

Apply via the online application on IIM Indore’s official admissions portal, pay the non-refundable application fee (e.g., ₹5,000), appear for the Aptitude Test & Interview (as scheduled), and accept the offer and pay the Commitment Fee if selected.

Is PGPMX worth it for senior professionals?

PGPMX offers high ROI for senior professionals seeking accelerated leadership roles, stronger strategic frameworks, international exposure and expanded networks — all without a career break. Whether it is right for you depends on your career goals, willingness to commit time and financial investment.

Executive MBA from IIM Indore: A Comprehensive Guide to PGPMX 2026

Q: Is there an International Immersion Programme (IIP)?

Yes — PGPMX includes a mandatory 5-day International Immersion Programme at a partner university to expose participants to global business practices. Tuition for the IIP is covered; participants pay travel, lodging and meal expenses.

Goalisb
Nov 18, 2025
11 min read

The Executive MBA from IIM Indore offers. full time MBA for executives - IIM Indore EPGP and an alternate weekend MBA program designed for working professionals and entrepreneurs seeking career advancement while continuing their jobs. With a rigorous curriculum, world-class faculty, and an international immersion program, the Post Graduate Programme in Management for Executives (PGPMX) offers the prestige of an IIM MBA without requiring a career break. This blog provides a detailed breakdown of eligibility, curriculum, fees, career impact, and key features of the program.

Three professionals in a modern office, engaged in discussion. Laptops and plants on the table, large windows in the background. Mood is focused.

Why Choose an Executive MBA from IIM Indore?

The PGPMX from IIM Indore offers a Master of Business Administration (MBA) degree upon successful completion, making it one of the top Executive MBA programs in India. Here’s why it stands out:

Ranked 25th in QS Executive MBA Rankings (Asia Pacific)
Designed for mid-to-senior-level professionals
Weekend classes at IIM Indore’s Mumbai Campus
Rigorous curriculum similar to a full-time MBA
International Immersion Program for global exposure
Networking with top executives and industry leaders

Executive MBA from IIM Eligibility: Who Can Apply?

To qualify for the Executive MBA from IIM Indore (PGPMX), candidates must meet the following criteria:

Bachelor’s degree or equivalent from a recognized institution
Minimum 50% marks or equivalent CGPA in the qualifying degree
At least 5 years of full-time managerial or professional work experience
No entrance exam like GMAT or CAT required – Selection is based on an Aptitude Test and Interview conducted by IIM Indore.

This Executive MBA in Mumbai is open to Indian and international professionals who aspire to enhance their business and leadership skills.

Curriculum: What You’ll Learn in the Executive MBA from IIM Indore

The PGPMX program follows a modular approach with six terms spread over two years. The structure includes:

Core Courses (Year 1)

Strategic Management I & II
Financial Accounting & Management
Operations Management
Marketing Management I & II
Macroeconomic Policy & Environment
Business Ethics & CSR
Leadership & Change Management
Data Analytics & Decision Analysis

Elective Courses (Year 2)

Students can specialize in key management disciplines such as:

Finance & Accounting
Marketing
Operations & Supply Chain Management
Strategic Management
Human Resource Management (HRM)

International Immersion Program

A 5-day mandatory international immersion at a global university provides insights into international business practices. Participants bear travel and accommodation costs, while tuition is covered.

Capstone Project & Case Writing

Participants must complete a real-world business case study under faculty mentorship to apply classroom learning to practical scenarios.

IIM Indore PGPMX Fee Structure: Investment in Your Future

The Executive MBA from IIM Indore is priced competitively at ₹17,60,000. Below is the detailed fee breakdown:

Fee Component	Amount (₹)
Commitment Fee (upon admission)	1,00,000
Term 1	2,85,000
Term 2	2,75,000
Term 3	2,75,000
Term 4	2,75,000
Term 5	2,75,000
Term 6	2,75,000
Alumni Fee	10,000

Additional Costs: Travel, accommodation, and meals for the International Immersion and Indore Campus module.

Class Schedule & Learning Format

The PGPMX is designed for busy executives, with classes held on alternate weekends at the Mumbai Campus (Powai).

Saturdays: 08:00 AM – 6:30 PM
Sundays: 08:00 AM – 5:00 PM
Time Commitment: ~15-20 hours/week of self-study & assignments

Career Impact: What’s in It for You?

Completing an Executive MBA from IIM Indore offers numerous benefits, including:

Faster career growth into senior leadership roles
Enhanced strategic thinking & decision-making skills
Exposure to international business environments
Strong industry networking opportunities
Higher earning potential post-MBA

Target Audience:

Mid-to-senior-level managers
Entrepreneurs & business owners
Consultants & professionals looking for career transitions

How to Apply for the Executive MBA in Mumbai (PGPMX)?

Step-by-Step Application Process:

Fill out the online application form (available on IIM Indore’s website)
Pay the application fee of ₹5,000 (non-refundable)
Appear for the Aptitude Test & Interview (conducted by IIM Indore)
Receive admission offer & pay commitment fee
Complete registration & start the program in July/August 2025

Final Thoughts: Is PGPMX the Right Choice for You?

The Executive MBA from IIM Indore is a perfect choice for professionals who want to upgrade their skills, advance in their careers, and gain an IIM MBA without taking a career break. With a world-class curriculum, distinguished faculty, and strong industry recognition, this program equips you with the tools needed to become a transformational business leader.

Ready to take your career to the next level?

Visit IIM Indore’s official website and apply today!

FAQs About Executive MBA from IIM Indore

Is PGPMX a full-time MBA?

No, it is a part-time, alternate weekend program designed for working professionals.

What degree is awarded?

Upon successful completion, participants receive an MBA degree from IIM Indore.

Is an entrance exam required?

Yes entrance exam is required. Admission is based on the Aptitude Test & Interview.

What is the total fee for the program?

The total program fee is ₹17.6 Lakhs, payable over six terms.

Where are the classes held?

At IIM Indore’s Mumbai Campus in Hiranandani Knowledge Park, Powai.

Is IIM Indore good for an Executive MBA?

Yes, IIM Indore’s PGPMX program is one of the top-ranked Executive MBAs in Asia Pacific, offering a rigorous curriculum, expert faculty, international exposure, and strong industry connections. It is an excellent choice for professionals aiming for leadership roles.

What is the fee for Executive MBA in IIM Indore?

The total program fee for the IIM Indore PGPMX (2025-27) is ₹17,60,000, covering tuition and academic resources. Additional costs apply for the International Immersion and Indore Campus module.

What is the salary of an IIM Indore Executive MBA graduate?

The average post-Executive MBA salary from IIM Indore ranges between ₹25-35 LPA, depending on industry, experience, and role. Many participants experience a 30-50% salary increase post-MBA.

Is an Executive MBA worth it from IIM Indore?

Absolutely! An Executive MBA from IIM Indore provides a high ROI, unlocking career acceleration, leadership development, and international exposure. It is highly beneficial for professionals looking to transition into senior management roles or switch industries.

Q: What exactly is the IIM Indore PGPMX program?

The PGPMX, or Post Graduate Programme in Management for Working Executives, is a two-year, alternate weekend program offered by IIM Indore specifically designed for working executives and entrepreneurs who want to upgrade their knowledge. The classes are conducted at IIM Indore’s Powai, Mumbai Campus.

Q: What is the academic rigor of the PGPMX compared to IIM Indore’s flagship program?

The PGPMX has a curriculum and rigor similar to IIM Indore’s regular two-year Post-Graduate Programme in Management (PGP). The classes are taught by the same distinguished faculty from IIM Indore and industry.

Q: What qualification do I receive upon successful completion?

Successful completion of the program leads to the award of a Master of Business Administration (MBA) degree.

Q: How is the PGPMX program ranked?

IIM Indore achieved strong rankings in 2025. It was ranked as the third-best Indian B-school in the world in the FT EMBA Rankings. Furthermore, it was ranked 13th globally in the Career Progress category, achieving the rank of first in India in this specific category. Globally, the program is placed in the 181+ bracket in the 2025 QS Executive MBA (EMBA), and it is placed 3rd among the IIMs.

Q: What are the main learning goals of the PGPMX?

The IIM Indore PGPMX program aims to provide an integrated learning experience with high academic standards that is career-altering. Key learning goals include developing:

Analytical and Critical Decision Making Ability.
Understanding and Managing the Integrated Internal Organization.
Understanding and Managing the External Environment.
Self Awareness and Leadership Development.

2. IIM Indore PGPMX Eligibility and Admissions Process

Q: What are the minimum eligibility criteria for applying to IIM Indore PGPMX?

To be eligible, candidates must meet the following three requirements:

Hold a bachelor’s degree or its equivalent.
Have a minimum of 50% marks or equivalent CGPA in their bachelor’s degree or the preceding degree.
Have completed at least 5 years of full-time managerial/professional experience after obtaining the bachelor’s degree, calculated as of the last date for application submission.

Q: Are there restrictions on nationality for applicants?

No, the PGPMX program is open to all nationalities.

Q: What are the important deadlines for the upcoming batches of IIM Indore PGPMX?

The sources provide details for two upcoming batches:

Event	23rd Batch (commencing August 2025)	24th Batch, Batch 2 (commencing January 2026)
Last date for Applications	Sunday, 22 June 2025	Monday, 01 December 2025
Aptitude Test & Interviews	Sunday, 29 June 2025	Sunday, 07 December 2025

Q: How do I submit my IIM Indore PGPMX application?

A: The application process involves six steps:

Submission of Application: Fill out the online application form. After submission, an email will provide an acknowledgement with a system-generated Application Number and login credentials to allow candidates to edit the form until the deadline. Candidates are advised to save a copy after submission. Incomplete application forms will not be considered.
Payment of Application Fee: Candidates must pay the application fee of INR 5,000/- online within one working day of submitting the form. This fee is non-refundable, and applications without payment will not be considered.

Q: What standardized tests are accepted for IIM Indore PGPMX admission?

IIM Indore PGPMX Selection will be based on performance in the interview and a test score from the GMAT, GRE, or CAT, or the IIM Indore Aptitude Test.

Q: What are the score validity requirements for IIM Indore PGPMX?

GMAT/GRE scores must be valid and obtained within five years of the application deadline.
CAT scores must be from either CAT 2023 or CAT 2024.

Q: How does the selection interview process work for IIM Indore PGPMX?

Selection is based on the candidate’s overall performance in the Aptitude Test and Interview. The Aptitude Test is held in the first half of the specified date, followed by Interviews. While interviews for some candidates are held on the same day as the Aptitude Test, others are invited for interviews on other announced dates.

Q: When are admission decisions announced?

Admission Offers are made based on the overall performance in the Aptitude Test and interview, generally within a week of the conclusion of interviews. Offer letters are sent via email, so candidates are advised to check their emails regularly.

Q: What is required after accepting an offer of admission?

Candidates who receive an offer must accept it in the prescribed format by the specified date and pay the Commitment Fee. Subsequently, candidates must submit a duly filled in and signed Registration Form on the date of registration, with details provided in the Admission Offer Letter.

Q: What is the total Programme Fee for the PGPMX?

The total Programme Fee for IIM Indore PGPMX is Rs. 17,60,000/- (Rupees seventeen lakh sixty thousand only).

Q: How is the IIM Indore PGPMX fee structured and paid?

The fee is payable term-wise before the commencement of each Term. The breakdown is as follows:

Fee Particulars	Amount (Rs.)	Details
Commitment Fee	1,00,000.00	Payable at the time of accepting the admission offer.
Term I	2,85,000.00	Payable before the start of Term I.
Terms III, IV, V, VI	2,75,000.00 each	Payable before the start of those respective terms.
Alumni Fee	10,000.00	Payable along with the Term I fee (taxes on this fee are extra).

(Note: Although Term II is not explicitly listed with an amount in the table provided in the source, the total structure implies 6 terms, with the remaining balance covered across the terms listed.)

Q: How is the curriculum divided?

The curriculum consists of two types of courses: core courses and elective courses.

Q: Tell me about the core courses.

Core courses are compulsory for all participants and are delivered from Term 1 to Term 3. They establish the fundamental conceptual knowledge, analytical skills, techniques, and contextual understanding necessary for the program.

Q: Can you provide examples of core courses?

Core courses include subjects like:

Financial Accounting and Cost Accounting.
Marketing Management – I & II.
Strategic Management – I.
Operations Management.
Leadership and Visioning.
Macroeconomic Environment and Policy.
Legal Aspects of Business.

Q: When are elective courses offered?

Elective courses are offered in the second year (Term 4 to Term 6). They enable participants to gain a deeper understanding of different functional areas and specialize in areas of their choice.

Q: What are the disciplines offered for electives?

Elective courses are offered in disciplines of management, including:

Communication.
Economics.
Finance & Accounting.
Information Systems.
Marketing.
Operations Management.
Organizational Behaviour & HRM.
Humanities and Social Sciences.
Strategic Management.

Q: Is there a minimum requirement for an elective course to run?

Yes, at least 40% of the batch must select a course for it to be offered.

Q: What is the Capstone Course?

The Capstone Course is designed to help students synthesize what they have learned over the two years and provides an opportunity to apply acquired knowledge to real-life situations.

Q: Does the PGPMX use case studies?

A: Yes, the case method is a major pedagogical tool used by the faculty. It exposes participants to real-life situations involving decision uncertainties in organizations, followed by active classroom discussions to explore solutions and theories.

Q: Is a final project required?

A: In the final term, participants are required to write a business case under the mentorship of a faculty member, based on real-life situations involving real people, organizations, and data.

Q: Is there an International Immersion Programme (IIP)?

A: Yes, the International Immersion Programme (IIP) is an important and mandatory part of the program design. It is a 5-day program held in the second year at an International University/Institute.

Q: Are there extra costs associated with the IIP?

A: No additional tuition fee is charged for the IIP; however, students are required to bear the cost of travel, accommodation, and meals.

Q: What are the Online Preparatory Courses?

A: Participants are given access to Online Preparatory Courses as soon as they accept the admission offer and pay the Commitment Fee. Participants can earn credits upon successful completion of these courses. These courses cover subjects such as Financial Accounting, Management Communication, and Quantitative Methods.

Q: What level of experience do participants typically bring to the IIM Indore PGPMX program?

IIM Indore PGPMX includes a cohort with extensive managerial experience, ranging from the minimum requirement of 5+ years up to 24+ years. Many participants have 16+ to 19+ years of professional experience, reflecting senior management and leadership roles.

Q: What industries are represented in the PGPMX cohort?

The participant profiles show a diverse range of industries and functional areas, including:

Information Technology/Software: Professionals specializing in CRM Strategy and Product Management (Salesforce), Software Asset Management, IT Strategy and Infrastructure Management, and Technical Integration Architecture.
Engineering and Manufacturing: Professionals with backgrounds in Production and Quality Management (Paints/Coatings), Design and Development (Automotive/Heavy Machinery), and Process/Project Engineering in Oil & Gas/Petrochemicals.
Finance, Banking, and Consulting: Professionals in Investment Banking/M&A, Digital Transformation in Banking, Financial Planning and Retail Channel Management, and Procurement.
Operations and Supply Chain: Expertise in logistics, inventory control, Maintenance and Operations in CGD (City Gas Distribution) Business, and Safety and Security Management.

Q: What key skills or competencies are common among participants?

Based on the functional domains highlighted in the profiles, the cohort shares strong competencies in:

Project Management.
Risk Management and Compliance.
Strategic Planning and Business Development.
Vendor and Stakeholder Management.
Data Analysis and Technical Proficiency in areas like ERP systems (SAP, D365) and advanced software tools.

Q: What type of questions are included in the IIM Indore Aptitude Test for PGPMX?

The IIM Indore PGPMX sample questions suggesting the test covers quantitative skills, logical reasoning, and reading comprehension.

Q: Can you give examples of the types of topics covered? A:

Quantitative/Math: Questions cover statistics (skewness), rates (time, volume, and flow), compound interest calculations, and mean/range analysis.
Logic/Problem Solving: Questions involve logical deduction, such as determining minimum pieces from cuts on a circle, or analyzing sports league points tables and game outcomes based on limited known facts.
Reading Comprehension: Passages focus on philosophical concepts (e.g., Ludwig Wittgenstein's picture theory of language) and historical exploration accounts (e.g., Ferdinand Magellan’s expedition). Questions require interpretation of the passage, contextual vocabulary understanding, and drawing inferences.

The curriculum of the PGPMX, much like a well-structured skyscraper, is built on a strong foundation of core courses (Terms 1-3) that provide the fundamental conceptual steel, before allowing participants to specialize with elective courses (Terms 4-6) to define their specific functional area of expertise.

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