The Indian Institute of Management (IIMs) includes 19 colleges, out of which 6 new IIMs were shortlisted in 2015. This led to more options for CAT aspirants on a massive scale in India. The new IIMs are located at Visakhapatnam (Andhra Pradesh), Bodh Gaya (Bihar), Sirmaur (Himachal Pradesh), Nagpur (Maharashtra), Sambalpur (Odisha) and Amritsar (Punjab). Please refer BYJU’S CAT College Predictor tool.
These new IIMs in India, have started an intake of 140 students each for the postgraduate course and the admissions will be through CAT entrance exam. The top 13 IIMs will be monitoring and mentoring these 6 new IIMs for the initial years.
The List of New IIMs are as follows:-
IIM Sambalpur:
Under the mentorship of IIM Indore, this new IIM in Odisha proceeded with the admission process for the first batch of 2015-17.
This is located on the premises of Silicon Institute of Technology, Sambalpur, on a temporary basis. The tuition fee for IIM Sambalpur is 10 lakhs for two years.
IIM Visakhapatnam:
Under the mentorship of IIM Bangalore, IIM Visakhapatnam (also known as IIM Vizag), started their first batch in Post Graduate Programme in Management in 2015. This is located in Andhra Bank School of Business, on Andhra University Campus.
Initial Batch strength of IIM Vizag is 60.
IIM Bodh Gaya:
Under the mentorship of IIM Calcutta, IIM Gaya started the first batch in Post Graduate Programme in Management in August 2015. This is located in Magadh University Campus, Bihar which is approximately 118 acres.
IIM Bihar was renamed IIM Bodh Gaya by the HRD Minister.
IIM Amritsar:
Among the list of new IIMs, IIM Amritsar is the 15th IIM that was established in the year 2015 and set up by the Human Resources Development Ministry and with the help of the Government of Punjab. IIM Kozhikode will be mentoring all activities of IIM Amritsar until it moves to a permanent campus.
IIM Amritsar is temporarily located within the campus of Government Polytechnic College Amritsar.
IIM Nagpur:
IIM Nagpur, one of the 6 new IIMs, started their first batch in Post Graduate Programme in Management on 23rd July 2015. The institute is guided and mentored by the topmost institute for management in India and Asia namely, IIM Ahmedabad.
IIM Nagpur is temporarily located within the campus of VNIT Nagpur(approx 230 acres).
IIM Sirmaur:
Under the guidance and mentorship of IIM Lucknow, IIM Sirmaur had commenced the first batch in PGP in Management in 2015. The initial batch strength is 60 (Batch of 2015-17).
It is temporarily located in Himachal Institute of Technology, Paonta Sahib, Distt. Sirmaur, Himachal Pradesh.
FAQs
Baby IIMs include IIM Amritsar, IIM Bodh Gaya, IIM Kashipur, IIM Trichy, IIM Nagpur, IIM Sambalpur, IIM Sirmaur, IIM Visakhapatnam and IIM Jammu. These IIMs offer full-time MBA and Executive MBA programmes. Some niche specialization programmes are also offered by these Baby IIMs.
What are the 6 IIMs in India? ›
- Indian Institute of Management, Bangalore.
- IIM Ahmedabad.
- IIM Calcutta.
- Indian Institute of Management, Indore.
- Indian Institute of Management, Lucknow.
- Indian Institute of Management, Udaipur.
- Indian School of Business, Hyderabad.
- International Management Institute, Delhi.
11 Newest IIMs: Explore Programs, Fees, and Salary Ranges
| Institute | Year of Establishment | NIRF Ranking 2023 |
|---|
| IIM Sirmaur | 2015 | 98 |
| IIM Bodh Gaya | 2015 | 53 |
| IIM Nagpur | 2015 | 43 |
| IIM Amritsar | 2015 | 51 |
7 more rowsDec 5, 2023
Baby IIMs include IIM Amritsar, IIM Bodh Gaya, IIM Kashipur, IIM Trichy, IIM Nagpur, IIM Sambalpur, IIM Sirmaur, IIM Visakhapatnam and IIM Jammu. These IIMs offer full-time MBA and Executive MBA programmes. Some niche specialization programmes are also offered by these Baby IIMs.
How many IIMs are there in India in 2024? ›
IIMs in India 2024: Highlights
There are a total of 21 IIM campuses around India with IIM Mumbai being the most recent institute to have been added to the list. The IIMs are known for their flagship PGP (Post Graduate Program) in Management with a total course fee ranging from INR 11 lakhs to INR 32 lakhs.
Which is the fastest-growing IIM in India? ›
IIM Indore is one of India's fastest-growing business schools. It is certified by AMBA and AIU and has student exchange agreements with business schools worldwide.
Which IIMs are growing fastest? ›
IIM Udaipur, a second-generation IIM, is one of the fastest-growing management schools in India. It was set up by the Indian Government in 2011. Taking the legacy of older IIMs forward, IIM Udaipur aspires to set new benchmarks in the field of management education by combining excellence in both teaching and research.
Which new IIM is best? ›
IIM Trichy is known to be the best for Finance among the new IIMs. As per the latest placement report, 15% of the placements are made by high-quality recruiters. Not only in finance but also for consulting, IIM Trichy is the best IIM among all the new IIMs.
What are the new IIMs in 2024? ›
IIM CAP 2024: The Common Admission Process or CAP is a single-window MBA admission process designed for the new IIMs. The nine new IIMs including IIM Bodh Gaya, Kashipur, Ranchi, Raipur, Sirmaur, Sambalpur, Trichy, Udaipur, and Jammu are participating in the IIM CAP 2024.
Which baby IIM is best? ›
After completion of an MBA from Baby IIM, candidates can get a package of Rs 40 to 50 lakh. 2. Which baby IIM is best? From the category of Baby IIMs, as per students, IIM Trichy is the best option to purse MBA program.
The gender diversity in the new batch breaks IIM Rohtak's own record of 69 percent female representation, which was established last year.
Which is the oldest to newest IIM? ›
Institutes
| Established | Institute | Website |
|---|
| 1961 | IIM Calcutta | https://www.iimcal.ac.in |
| 1961 | IIM Ahmedabad | https://www.iima.ac.in |
| 1973 | IIM Bangalore | https://www.iimb.ac.in |
| 1984 | IIM Lucknow | https://www.iiml.ac.in |
17 more rowsThese are called the new IIMs or Tier-2 IIMs. They are IIM Shillong, IIM Rohtak, IIM Ranchi, IIM Udaipur, IIM Kashipur, IIM Trichy, and IIM Raipur.
Which IIM has the lowest fees? ›
IIM MBA fees for new or baby IIMs such as IIM Ranchi, IIM Jammu, IIM Bodh Gaya, IIM Sirmaur etc is between Rs 13 lakh to Rs 20 lakh. The cheapest IIM in India is IIM Sambalpur with Rs 13 lakh fees. IIM fees for BBA+MBA is between Rs 15 lakh to Rs 35 lakh.
Which IIM has the lowest cutoff? ›
IIM Ahmedabad has the lowest sectional cutoff in CAT requirement (i.e.) 70 percentile or above for each section.
How rich are IIM graduates? ›
While the average CTC of the new IIMs lie between INR 10 and 20 LPA, the average CTC for the top IIMs is from INR 20 to 25 LPA. At the top IIMs, A, B, and C, the highest salary offers ranged from INR 70 lakh to INR 1 crore as CTC. Typical international compensation packages start at INR 60 lakh.
Which IIM is 1st rank in India? ›
Top IIMs in India 2024: Rankings, Fees, Admission, Cutoff,...
- As per NIRF ranking 2023. IIM Ahmedabad retains the No. 1 position.
- IIM Raipur improved its ranking as it shifted to rank 11 when compared to rank 14 in 2022.
- IIM Ahmedabad recorded the highest annual average package, which includes INR 30 LPA.
There are 21 IIMs in India which offer various MBA, PGP, PGDM, Executive MBA and Fellowship programmes (the newly added being IIM Mumbai) .The top 3 IIMs are the oldest campuses. IIM Ahmedabad and IIM Calcutta were established in 1961.
Is IIM greater than IIT? ›
IITs have a rich alumni base and mostly are established even before any IIMs. The fees of an MBA from an IIT are low as compared to many IIMs. As many IITs have been established before many IIMs, they have good Infrastructure. The batch size is less, making it a less competitive process in terms of placement.
