All About IIM Colleges In India | Old, New & Baby IIMs

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All About IIM Colleges In India | Old, New & Baby IIMs

All About IIM Colleges In India: Fees, Placements, Cut off & Ranking

The Indian Institute of Management is among the world’s most selective b-schools in India. They offer highly professional MBA degrees. As the IIMs are getting more popular for pursuing MBA, in order to the demand for the top b-schools is also increasing. So, in need of top b-schools, many new IIMs and also baby IIMs have been set up by the government of India. Probably, not all IIMs give quality education or placements. So, it is imperative to be aware of everything about the IIMs(Old, New & Baby) in India. This article will discuss all the IIM colleges in India with their ranking, fees details and the final placements (Average Package/salary) in detail.

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The first step toward getting admission into top IIM colleges is taking the Common Admission Test (CAT) exam. Try checking out the CAT previous year papers to know about the level of questions that appear in the exam. Also, taking a free CAT online mock test will help the candidates gauge their strengths and weaknesses.

Top Old IIMs in India: Fees, Placements, Cut off & Ranking

Old IIMs are the most prestigious institutes in India. IIMs are public business schools owned by the central government. Jawaharlal Nehru, our first prime minister, initiated the establishment of IIM colleges in India on the recommendation of the Planning Commission of India. There are a total of 20 IIM colleges in India. Among those 6 are the old IIMs, and pursuing MBA in those institutes is one of the long-term dreams for many MBA aspirants. So let us have a look at the details of all old IIMs with their ranking, fees and placements(Average CTC). The Old IIM colleges in the given below table are arranged based on their ranking order.

Institute Year of Establishment Tuition Fees Placements(Average CTC)
IIM Ahmedabad 1961 INR 23.00 Lakhs INR 27.54 LPA
IIM Bangalore 1973 INR 24.50 Lakhs INR 33.82 LPA
IIM Calcutta 1961 INR 23.00 Lakhs INR 28.49 LPA
IIM Lucknow 1984 INR 19.25 Lakhs INR 31.03 LPA
IIM Kozhikode 1996 INR 20.50 Lakhs INR 29.5 LPA
IIM Indore 1996 INR 21.14 Lakhs INR 25.01 LPA
IIM Shillong 2007 INR 14.60 Lakhs INR 23.10 LPA

Note: The CAT cut-off for the old IIMs varies based on various factors such as the profile of the candidate, applicant pool, diversity factors and level of difficulty of the CAT exam. Usually, the CAT cut-off for the old IIMs will be above the 99.95 percentile it may change based on the candidate’s profile.

One can check out the CAT percentile required to get IIM calls based on your profile by using the CAT percentile required predictor tool made by Cracku.

Top New IIMs in India

As mentioned earlier, in order to the demand for the top b-schools is also increased. So, in need of top b-schools, many new IIMs have been set up by the government of India. Look at the top new IIMs mentioned in the table below as per their NIRF ranking order, including their fees, placements and cut-off.

Institute Year of Establishment Tuition Fees Placements(Average CTC)
IIM Trichy 2011 INR 16.5 Lakhs INR 17.01 LPA
IIM Ranchi 2009 INR 15 Lakhs INR 16.17 LPA
IIM Udaipur 2011 INR 17.05 Lakhs INR 17.50 LPA
IIM Raipur 2010 INR 15.19 Lakhs INR 17.73 LPA
IIM Rohtak 2010 INR 17.9 Lakhs INR 16.06 LPA
IIM Kashipur 2011 INR 15.42 Lakhs INR 15.21 LPA

Note: The CAT cut-off for the new IIMs also varies based on various factors such as the profile of the candidate, applicant pool, diversity factors and level of difficulty of the CAT exam. Usually, the CAT cut-off for the new IIMs will be above the 94 percentile, but it is safe to target more than the 95 percentile.

One can check out the CAT percentile required to get IIM calls based on your profile by using the CAT percentile required predictor tool made by Cracku.

Top Baby IIMs in India

Baby IIMs are established after the new IIMs mentioned in the above section. These are the recently added institutes to the list of IIM colleges owned by the Central Government of India. With the objective of expanding the scope of management education in India, the government have introduced these baby IIMs. Let us have a look at the list of baby IIMs in India with their rankings, fees, placements and cut-offs. Also, the institutes in the below table are mentioned based on the NIRF ranking order.

Institute Year of Establishment Tuition Fees Placements(Average CTC)
IIM Amritsar 2015 INR 16.00 Lakhs INR 14.63 LPA
IIM Bodh Gaya 2015 INR 15.50 Lakhs INR 12.36 LPA
IIM Nagpur 2015 INR 18 Lakhs INR 15.21 LPA
IIM Sambalpur 2015 INR  13.08 Lakhs INR 12.64 LPA
IIM Sirmaur 2015 INR 13.75 Lakhs INR 12.74 LPA
IIM Visakhapatnam 2015 INR 16.79 Lakhs INR 15.06 LPA
IIM Jammu 2016 INR 15.56 Lakhs INR 13.78 LPA

Note: The CAT cut-off for the baby IIMs also varies based on various factors such as the profile of the candidate, applicant pool, diversity factors and level of difficulty of the CAT exam. Usually, the CAT cut-off for the baby IIMs will be around the 92 percentile. There will more chance of getting calls from baby IIMs if one can get more than 92 percentile.

One can check out the CAT percentile required to get IIM calls based on your profile by using the CAT percentile required predictor tool made by Cracku.

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