The Indian Institutes of Management, also known as IIMs, are well-known for its management programmes, which include MBA, PGP, Executive MBA, and other degrees. IIMs are internationally recognised for their faculty, infrastructure, academic profiles and, most significantly, their ranks among the top business schools.
IIMs have gained worldwide recognition also because they attract the best of the talent too. The talent then gets polished under the wings of the best faculty in the country, interacts with their peers (which too are the best minds in the nation) and goes out in the world to become CEOs at Fortune 500 companies, founders of Unicorns, social changemakers etc.
Admission to IIMs is extremely competitive and involves a lengthy procedure that includes numerous rounds. The CAT exam is the major consideration in the admissions process, as it is the only accepted MBA entrance exam for all IIMs. Eligible candidates are shortlisted for successive rounds of WAT, GD, and PI, where they are assessed on their communication and writing abilities for MBA/PGP courses.
The admission process is done is a manner to ensure that a person with the desired qualities of a manager are given admission. These include the a certain level of intellect and the ability to think quickly (as tested by the CAT and PI), the ability to act under pressure (PI, GD and CAT) and strong written and verbal communication (PI, WAT, GD) - only students who possess these qualities and more are given an admission into these top IIM colleges,
IIMs are categorized based on the year of their establishment. Based on this, IIMs are either "Main" or "New" or "Baby" IIMs. The oldest IIMs are the 'Main' IIMs followed by 'New' followed by 'Baby' IIMs.
Naturally the older IIMs have higher repute, better placements and therefore, have higher percentiles. IIMs and MBA colleges in general are ranked higher if they are older. This however, is not necessary, a newer college can be ranked higher than an older college, as this blog explains later.
Given below is the list of the Baby IIMs in India alongside their rankings. Using this table, students can get a fair estimate of the colleges that they wish to target, or can start to filter out colleges using their own parameters.
College | NIRF Ranking | Fees | Median CTC | Average CTC |
IIM Vishakhapatnam | 29 | 17.83 L | 15.5 LPA | 15.61 LPA |
IIM Jammu | 41 | 18.85 L | 15 LPA | 15.48 LPA |
IIM Nagpur | 43 | 18.9 L | 16 LPA | 16.29 LPA |
IIM Amritsar | 51 | 14.78 L | 18.01 [Top 25%] | 19.73 LPA [Top 25%] |
IIM Bodh Gaya | 53 | 17.96 L | 13.5 LPA | 13.9 LPA |
IIM Sambalpur | 58 | 21 L | 13.15 LPA | 14.21 LPA |
IIM Sirmaur | 98 | 17.5 L | 13 LPA | 14.45 LPA |
IIM Visakhapatnam was established in 2015 at Andhra Pradesh and offers different programs such as MBA, Executive MBA, and PhD. Management theory gets combined with experiential findings at this institute that focuses on delivering quality education.
Innovation, leadership, and entrepreneurship are the three major goals for IIM Visakhapatnam. The strategic coastal location provides excellent opportunities for industry engagement and internships.
College | NIRF Ranking | Cutoff | Fees | Average CTC |
IIM Vishakhapatnam | 29 | 90+ | 17.83 L | 15.61 LPA |
Located in the beautiful city of Jammu, established in 2016, IIM Jammu is the 16th IIM to be set up by Ministry of HRD. The IIM is focued on high standards for outstanding value based quality education. Much like IIM Raipur, it focuses on high quality research as well. Despite being a newly established IIM, the management at IIM Jammu is successfully establishing high quality corporate relations.
The IIM hosts a variety of courses including Executive Programs, Doctoral Programs, MBA in Hospitality and Management and even offers the prestigious IPM.
College | NIRF Ranking | Cutoff | Fees | Average CTC |
IIM Jammu | 41 | 94+ | 18.85 L | 15.48 LPA |
IIM Nagpur is a new generation IIM that aims to produce value-driven managers, global leaders and entrepreneurs with a strong conceptual foundation and analytical approach. IIM Nagpur is overseen by one of India's top management institutes - IIM Ahmedabad. This means that many faculty members of IIM Ahmedabad take courses at IIM Nagpur, and the pedagogy and curriculum of IIM Nagpur is similar to that of IIM Ahmedabad, emulating the elite that is IIM Ahemdabad.
College | NIRF Ranking | Cutoff | Fees | Average CTC |
IIM Nagpur | 43 | 94+ | 18.9 L | 16.29 LPA |
Established in 2015, IIM Amritsar is located in Punjab. IIM Amritsar offers various programs such as Executive MBA, MBA, MBA Business Analytics, MBA HR, PhD and other short-term and long-term executive education programs. It is the 15th IIM set up by the HRD Ministry.
Top- Notch B Schools use case studies and peer-to-peer interaction to train students for what the industry requires, and IIM Amritsar has done so since its start. Their well equipped campus has all - Indoor and outdoor game facilities, a well-equipped library and courses, access to Bloomberg Terminal, and other critical resources are required for a student's complete growth. Throughout the year, guest lectures and conclaves are held to provide students with the opportunity to meet industry veterans and learn about current trends and changes in the business.
College | NIRF Ranking | Cutoff | Fees | Average CTC |
IIM Amritsar | 51 | 92+ | 14.78 L | 19.73 L (Top 25%) |
IIM Bodhgaya is the first third-generation IIM to have an integrated campus, thanks to the Government of Bihar's initiatives. The college has computer labs, a central library, centralised air conditioning, and computerised classrooms. The college prioritises student mental health and has a separate Mental Health and Well-Being Committee (MHWB).
The college has a well-equipped library. The list below consists of the major offerings of the e-library of IIM Bodhgaya:
150000+ E-books
15000+ E-journals
7000+ E-magazine
3000+ E-news papers
College | NIRF Ranking | Cutoff | Fees | Average CTC |
IIM Bodh Gaya | 53 | 94+ | 17.96 L | 13.9 LPA |
Located in Odisha, founded in 2015, IIM Sambalpur is a unique IIM. This is the case because of the value system present there. The college focuses on Innovation and Sustainability, it tries to form business leaders of tomorrow that are willing to keep in consideration the welfare of future generations and the actions of today.
The college commits to develop socially responsible and ethically driven leaders.
College | NIRF Ranking | Cutoff | Fees | Average CTC |
IIM Sambalpur | 58 | 94+ | 21 L | 14.21 LPA |
IIM Sirmaur is the 19th addition to the IIM Club that focuses on providing high quality management education in a country that is booming. IIM Sirmaur, much like IIM Sambalpur focuses highly on ethics and development of smart entrepreneurs. Simultaneously, it also focuses on innovative business practices followed by the business leaders of tomorrow.
IIM Sirmaur is under the guidance of IIM Lucknow, which means that some faculty and pedagogy is shared by the two. This leads in development of legacy, pedigree and a value system.
College | NIRF Ranking | Cutoff | Fees | Average CTC |
IIM Sirmaur | 98 | 94+ | 17.5 L | 14.45 LPA |
Indeed, they have good ROI in long term, you might not get very good package during placements as compared to old IIMs, but they will prove to be a great decision in long term.
Baby IIMs are Tier-2 MBA colleges, which offers various MBA courses in various domains.
On an average, baby IIMs have a mean salary of 15 LPA, which is godd when compare to other MBA colleges in India.
Anyone is graduate from a recognised university, and meeting the eligibility criteria of IIMs is eligible for baby IIMs.
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