All About IIM Colleges In India: Fees, Placements, Cut off & Ranking
The Indian Institutes of Management, often referred to as IIMs, are renowned for offering prestigious MBA programs. These institutions are known for their high academic standards and professional degrees. With the growing popularity of IIMs for pursuing an MBA, there has been a surge in the demand for top b-schools in India. To meet this demand, the government of India has established several new IIMs, including what are often referred to as “baby IIMs.”
It’s important to note that not all IIMs provide the same level of education or placement opportunities. Therefore, gaining a comprehensive understanding of the various IIMs, both the established ones and the newer additions, is crucial. This article aims to provide a detailed overview of all the IIM colleges in India, including information on their rankings, fee structures, and final placements, with a focus on average packages and salaries.
This comprehensive guide will equip you with the knowledge you need to make informed decisions about pursuing an MBA at an IIM in India.
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:
The Old IIMs stand as the most esteemed educational institutions in India. These public business schools are government-owned and were established at the initiative of Jawaharlal Nehru, India’s first prime minister. Their foundation was set in motion following the recommendations of the Planning Commission of India. Today, there are a total of 20 IIM colleges across the country. Among these, six are the distinguished old IIMs, and pursuing an MBA at any of these institutions is a cherished dream for countless MBA aspirants. Let’s explore these renowned old IIMs, taking into account their respective rankings, fees, and average placement packages (Average CTC). Below, we’ve listed the old IIMs in order of their ranking:
| Institute | Year of Establishment | Tuition Fees | Placements (Average CTC) |
| IIM Ahmedabad | 1961 | INR 24.61 Lakhs | INR 32.8 LPA |
| IIM Bangalore | 1973 | INR 24.50 Lakhs | INR 35.31 LPA |
| IIM Calcutta | 1961 | INR 27.00 Lakhs | INR 35.07 LPA |
| IIM Lucknow | 1984 | INR 20.70 Lakhs | INR 32.20 LPA |
| IIM Kozhikode | 1996 | INR 20.50 Lakhs | INR 31.02 LPA |
| IIM Indore | 1996 | INR 21.14 Lakhs | INR 30.21 LPA |
| IIM Shillong | 2007 | INR 17.50 Lakhs | INR 26.96 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 21.00 lakhs | INR 20.55 LPA |
| IIM Ranchi | 2009 | INR 17.50 lakh | INR 17.30 LPA |
| IIM Udaipur | 2011 | INR 19.00 lakh | INR 20.02 LPA |
| IIM Raipur | 2010 | INR 16.10 (excluding boarding fees) | INR 21.04 LPA |
| IIM Rohtak | 2010 | INR 17.60 lakh | INR 18.73 LPA |
| IIM Kashipur | 2011 | INR 17.30 lakh | INR 18.1 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 lakh | INR 16.51 LPA |
| IIM Bodh Gaya | 2015 | INR 15.50 lakh | INR 14.96 LPA |
| IIM Nagpur | 2015 | INR 18.00 lakh | INR 16.74 LPA |
| IIM Sambalpur | 2015 | INR 13.08 lakh | INR 16.63 LPA |
| IIM Sirmaur | 2015 | INR 15.75 lakh | INR 14.45 LPA |
| IIM Visakhapatnam | 2015 | INR 17.58 lakh | INR 16.61 LPA |
| IIM Jammu | 2016 | INR 17.15 lakh | INR 16.50 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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