Are you dreaming of studying at India's top B-schools, the Indian Institutes of Management (IIMs)? Get ready for an exciting journey filled with learning and success! Let's dive into what top IIMs in India offer.
Table of Contents
- IIMs in India: Highlights
- List of IIM Colleges in India 2024 Based on NIRF …
- IIM MBA Eligibility Criteria
- IIM Admission Process
- Faqs
The top IIMs in India include IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, and IIM Calcutta. These institutes are known for theirexcellent education quality, pedagogy, infrastructure, and placements. But getting admission to the top IIMs in India requires an individual to put in his blood, sweat, and tears, Not only do they have to score 99-100 percentile in the CAT exam, but go through a rigorous selection process too.
There are a total of 21IIMs in India, and each institutehas its own benefits. MBA aspirants in India dream of studying at IIMs because of theirreputation for providing a higher return on investment (ROI), excellent faculty, and exceptional placement offers from top recruiters such as BCG, Accenture, American Express, TCS, PwC, McKinsey & Co., Cogoport,EY, Microsoft, among others. Let us now quickly have a look at the list of best IIMs in India and their rankings below.
Also Read:
Will Cut Offs for IIMs Drop Due to Difficult Quant Section in CAT 2023? | MBA Colleges without Sectional CAT Cutoff |
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IIMs in India: Highlights
The IIM colleges in India have been at the forefront of management education in India for decades. Before we move on to more detailed information about them, let's take a look at the major highlights below:
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 feerangingfrom INR 11 lakhs to INR 32 lakhs.
A variety of specializations are offered at the IIMsincludingFinance, Human Resources, Operations, Sales & Marketing, IT & Systems, etc.
For admission to PGP courses at IIMs in India, theCAT examis conducted every year by one of the IIMs on a rotational basis.
Out of the 21 IIMs, sixfeature on the top 10 list of best management institutes according to the NIRF-MHRD ranking.
IIM Ahmedabad, IIM Calcutta, and IIM Bangalore are considered to be among the top 50 management institutes across the world.
Apart from full-time PGP courses, the IIM colleges in India also offer Executive, certificate, and part-time courses in management.
Also Read:
Total Seats in IIMs | MBA Scholarships Offered by IIMs |
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List of IIM Colleges in India 2024 Based on NIRF Ranking
At present, there are 21 totalIIMin India that are functional. Each IIM in India offers a variety of courses to students and follows a rigorous admission process. Check the complete list of theIIMs along with the best IIM in India below.
IIM in India | Year of Est. | NIRF Ranking2023 | NIRF Ranking2022 | NIRF Ranking2021 |
|---|---|---|---|---|
IIM Ahmedabad | 1961 | 1 | 1 | 1 |
IIM Bangalore | 1973 | 2 | 2 | 2 |
IIM Calcutta | 1961 | 4 | 3 | 3 |
IIM Lucknow | 1984 | 6 | 6 | 7 |
IIM Indore | 1996 | 8 | 7 | 6 |
IIM Kozhikode | 1996 | 3 | 5 | 4 |
IIM Udaipur | 2011 | 16 | 22 | 18 |
IIM Trichy | 2011 | 22 | 18 | 17 |
IIM Raipur | 2010 | 11 | 14 | 15 |
IIM Rohtak | 2010 | 12 | 16 | 28 |
IIM Shillong | 2007 | 26 | 26 | 23 |
IIM Kashipur | 2011 | 19 | 23 | 33 |
IIM Ranchi | 2010 | 24 | 15 | 21 |
IIM Nagpur | 2015 | 43 | 43 | 40 |
IIM Bodh Gaya | 2015 | 53 | 73 | NA |
IIM Sirmaur | 2015 | 98 | 69 | NA |
IIM Amritsar | 2015 | 51 | 55 | 67 |
IIM Jammu | 2016 | 41 | 36 | NA |
IIM Sambalpur | 2015 | 58 | 66 | 61 |
IIM Vishakhapatnam | 2015 | 29 | 33 | NA |
IIM Mumbai(Formerly NITIE) | 1963 | 7 | 9 | 12 |
Also Read:IIM Cutoff 2023
IIM MBA Eligibility Criteria
The requirements for admission to IIMs differ depending on the course. Nonetheless, the following are the fundamental requirements for admission to IIM MBA/PGP courses:
The basic IIM eligibility criteria includegraduation with a minimum of 50% aggregate marks or equivalent CGPA (45% for SC, ST, and PwD/DA categories).
Candidates appearing for the final year of the bachelor's degree/equivalent qualification exam or awaiting their results are also eligible to apply for IIM MBA admission through the CAT exam.
Also Read:IIM Selection Criteria 2024-26
IIM Admission Process
The Indian Institutes of Management have an elaborate admission process to select candidates for their flagship management programs every year. Only those candidates are able to secure admission who are considered to be the top-ranked candidates among lakhs of applicants. The IIM admission process is conducted through the CAT exam which is conducted by any one of the IIMs every year on a rotational basis. Take a look at the IIM admissions process explained in detail below.
Applying & Qualifying for CAT
The first step in the IIM admission process is applying for the CAT exam. Candidates must apply for the exam and also mention their preferences for which IIMs they wish to join for management education. Once candidates have successfully registered for the CAT exam they must qualify for the same, which means they must achieve the required CAT score, also known as the CAT cutoff, for being selected for the next round of the IIM admission process.
Appearing for GD/PI/WAT Rounds
Once candidates have scored the required CAT cutoff for their preferred IIMs, they will be selected for the next round of the admission process based on a combination of factors like the CAT score, past academic performance, work experience (if applicable), etc. In the next stage of the IIM admission process, candidates have to appear for different types of assessments which include Group Discussions, Personal Interviews, and in some cases Written Ability Tests. Candidates must perform well in all these selection rounds to secure admission to their choice of management courses offered at IIMs.
Final Selection Based on Composite Score
After the completion of GD/PI/WAT rounds of the IIM admission process, a final composite score is created for each candidate based on several criteria and their performance in all the previous admission rounds. Based on the final composite score, candidates are offered admission to the flagship management programs at IIM colleges in India. The factors taken into consideration for the final composite score calculation are:
Composite Score Parameters | Weightage |
|---|---|
CAT Scores | 25% |
Group Discussion (GD)/ Personal Interview (PI) | 30% |
Written Ability Test (WAT) | 10% |
Class 10 Academic Records | 10% |
Class 12 Marks Academic Records | 5% |
Graduation Academic Records | 10% |
Weighted Work Experience | 10% |
Total | 100% |
Best IIMin India 2024: Course Fees, Seats, & Placement
IIM full form is the Indian Institute of Management, the most renowned chain of institutes for management in India. Aspirants who want to pursue an MBA/PGP program can find the IIM rankings along with their seat intake, course fees, and placement statistics below.
IIM Ahmedabad
Out of the total IIM in India, IIM-A or IIM Ahmedabad is the top-ranked instituteand is often considered the best IIM in India. According to NIRF rankings 2023 for MBA, it has got the number 1 spot.
Course | Seats | Course Fees | Placement |
|---|---|---|---|
PGP in Management | 385 | INR 24.61 Lakh |
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IIM Bangalore
Indian Institute of Management (IIM) Bangalore has been ranked among the top 50 management institutes in India. It is often considered to be the top IIM in India by many experts. It is ranked second among management institutes by NIRF Rankings 2023.
Course | Seats | Course Fees | Placement |
|---|---|---|---|
| 565 | INR 24.50Lakh |
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IIM Calcutta
Indian Institute of Management (IIM) has been ranked on spot fourth as per the MHRD-NIRF Rankings 2023. It isone of the best, and also the oldest IIM in India.
Course | Seats | Course Fees | Placement |
|---|---|---|---|
Post Graduate Diploma in Management (PGP-PGDM) | 462 | INR 27 Lakh |
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IIM Kozhikode
Indian Institute of Management (IIM) Kozhikode has been ranked 3rd in the MHRD-NIRF Ranking 2023 and offers various PGP, EPGP, and Fellow programs and is one of the best out of the total IIM in India.
Course | Seats | Course Fees | Placement |
|---|---|---|---|
| 525 | INR 20.50 Lakh |
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IIM Indore
Indian Institute of Management (IIM) has been ranked 8th as per the MHRD-NIRF Rankings 2023. It is known for its best infrastructure, RIO, and quality education out of the total IIM in India.
Course | Seats | Course Fees | Placement |
|---|---|---|---|
| 450+150 | INR 21.14Lakh |
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IIM Lucknow
Indian Institute of Management (IIM) Lucknow offers several PGP, EPGP, and Fellow programs and has ranked 6th in the MHRD-NIRF Ranking 2023 and is an ideal choice out of the total IIM in India.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
| 490 | INR 20.70 Lakh |
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IIM Trichy
Indian Institute of Management Tiruchirappalli offers PGPM and FMP programs and has been ranked 22nd in the MHRD-NIRF ranking 2023. It is often ranked at the top among the total IIM in India.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
| 210 | INR 21 Lakh |
|
IIM Udaipur
Indian Institute of Management (IIM) Udaipur offers entrepreneurship, Executive, and fellow programs and has been ranked 16th as per the MHRD-NIRF Rankings 2023. It is one of the best institutes out of the total IIM in India.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
| 150 | INR 19.00 Lakh | Highest CTC: INR 32.21 LPA Average CTC: INR 21.29 LPA |
IIM Ranchi
Indian Institute of Management (IIM) Ranchi offers PGDM in Human Resource Management, General Management, FPM, and Executive programs. It has been ranked 24 in the MHRD-NIRF ranking for 2023 and is a popular institute among the total IIM in India.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
| 210+150 | INR 17.50 Lakh |
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IIM Shillong
Indian Institute of Management (IIM) Shillong offers PGP, PGPX, and FPM programs. As per the NIRF IIM rankings 2023, it has been ranked 26.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
Post Graduate Programme in Management (PGP) | 180 | INR 17.50 Lakh | Highest CTC: INR 71.30 LPA Average CTC: INR 26.96 LPA |
IIM Rohtak
Indian Institute of Management (IIM) Rohtak offers various Executive, Doctoral, and Diploma programs. It has been ranked 12in the NIRF IIM rankings in 2023 and is a sought-after institute among the total IIM in India.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
| 240+60 | INR 17.60 Lakh | Highest CTC: INR 36 LPA Average CTC: INR 18.73 LPA |
IIM Bodh Gaya
Indian Institute of Management (IIM) Bodh Gaya was established in 2015 and is one of the newest IIMs in India:
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
| 120 | INR 15.50 Lakh |
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IIM Kashipur
Indian Institute of Management (IIM) Kashipur offers flagship PGP and FPM programs and has been ranked 19 in the NIRF rankings 2023.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
Post Graduate Programme in Management (PGP) | 210 | INR 17.30 Lakh | Highest CTC: INR 37 LPA Average CTC: INR 18.1 LPA |
IIM Amritsar
Indian Institute of Management (IIM) Amritsar has been ranked 51 in the NIRF rankings 2023 and offers only the PGP program.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
Post Graduate Programme in Management (PGP) | 240 | INR 16.00 Lakh |
|
IIM Visakhapatnam
Indian Institute of Management (IIM) Visakhapatnam offers PGP, PGCEP, and FPM and is one of the most popular IIMs among the total IIM in India.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
Post Graduate Programme in Management (PGP) | 120 | INR 17.58 Lakh |
|
IIM Raipur
Indian Institute of Management (IIM) Raipur has been ranked 11 in the NIRF ranking 2023 and offers PGP, FPM, and EFPM programs.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
Post Graduate Programme (PGP) | 210 | INR 16.10 Lakh |
|
IIM Nagpur
Indian Institute of Management (IIM) Nagpur only offers a PGP program and has been ranked 43 in the NIRF rankings 2023.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
Post Graduate Programme in Management (PGP) | 240 | INR 18lakh | Highest CTC: INR 64.00 LPA Average CTC: INR 16.74 LPA |
IIM Jammu
Indian Institute of Management (IIM) is one of the newly established institutes that offers PGP and FPM along with some open programs in Executive Education.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
| 120 | INR 17.15 Lakh |
|
IIM Sambalpur
Indian Institute of Management (IIM) Sambalpur offers PGP, executive, fellow, and flagship programs.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
Post Graduate Programme in Management (PGP) | 120 | INR 13.08 Lakh |
|
IIM Sirmaur
Indian Institute of Management (IIM) Sirmaur only offers a PGP program and was established in 2015.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
Post Graduate Programme in Management (PGP in Management) | 170 | INR 15.75 Lakh |
|
IIM Mumbai
Indian Institute of Management (IIM) Mumbai was previously known as the National Institute of Industrial Engineering (NITIE) and was established in 1963.
Courses | Seats | Course Fees | Placement |
|---|---|---|---|
Master of Business Administration (MBA) | 550 | INR 14.64 Lakh |
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Important Note: Aspirants must note that seat availability, course fees, NIRF ranking, and Placement packages at top IIMs in India are subject to change. Every year's figures are changed.
Also Read:Distance MBA from IIMs
Not all courses offered at top IIMs in India are for regular graduates. Many IIMs out of the total IIMs in India also offer part-time courses catered to working individuals who wish to add an IIM degree to their portfolio but can’t afford to quit their jobs in pursuit of a managerial degree.
So, if you are keen to make it to the IIM colleges in India, a six-month preparation time for CAT is ideal. Not only will you have to clear the CAT exam with a good percentile, but you will also need to excel in the other stages of admissions based on the CAT exam at the Indian Institutes of Management.
Related Links:
IIM Bangalore CAT Cutoff 2023 | IIM Udaipur CAT Cutoff 2023 |
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IIM Rohtak CAT Cutoff 2023 | IIM Lucknow CAT Cutoff 2023 |
IIM Calcutta CAT Cutoff 2023 | IIM Kozhikode CAT Cutoff 2023 |
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