The Indian Institutes of Management is among the world’s most selective 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 increased. So, in need of top b-schools, many new IIMs have been set up by the government of India. Probably, not all the IIMs give quality education or placements. So, it is imperative to know the best new IIMs to opt for before making the decision. In this article, we will discuss which new IIMs are the best, along with their rankings, placements & fees details.
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.
Is It Worth Joining New IIMs?
Yes, it definitely worth joining a new IIM, but it is very important to consider some factors before opting for the new IIMs. The factors that are to be considered such as popularity in which division (finance, marketing, consulting, etc.), placements, return on investment, and others. As the popularity of the MBA career in IIMs got increased, many new IIMs have arrived, so in this pool of b-schools, it is very necessary to choose the right IIM among all the new IIMs.
List Of New IIMs
| Institute | Year of Establishment | Tuition Fees | Placements(Average CTC) |
| IIM Shillong | 2007 | Rs. 14.6 Lakhs | Rs. 23.10 LPA |
| IIM Trichy | 2011 | Rs. 16.5 Lakhs | Rs. 17.01 LPA |
| IIM Ranchi | 2009 | Rs. 15 Lakhs | Rs. 16.17 LPA |
| IIM Udaipur | 2011 | Rs. 17.05 Lakhs | Rs. 17.50 LPA |
| IIM Raipur | 2010 | Rs. 15.19 Lakhs | Rs. 17.73 LPA |
| IIM Rohtak | 2010 | Rs. 17.9 Lakhs | Rs. 16.06 LPA |
| IIM Kashipur | 2011 | Rs. 15.42 Lakhs | Rs. 15.21 LPA |
These are the best new IIMs among all the new and baby IIMs. There are some other best IIMs in baby IIMs, such as IIM Visakhapatnam, IIM Nagpur, IIM Sirmaur, etc. Now let us have a look at the rankings of the new IIMs.
New IIMs Rankings 2022(Based on NIRF 2022)
| Institutes | NIRF 2022 Rankings |
| IIM Raipur | 14 |
| IIM Ranchi | 15 |
| IIM Rohtak | 16 |
| IIM Trichi | 18 |
| IIM Udaipur | 22 |
| IIM Kashipur | 23 |
| IIM Shillong | 26 |
Download CAT Previous Papers PDF
New IIMs Cut off 2022
The CAT cut-off to get into new IIMs will be around the 95 percentile if you belong to the general category and have a good profile which includes academics, work experience, professional courses, etc. If you belong to other categories like SC, ST and PWD, one can check out this percentile predictor, which helps you know how much percentile is required to get into these new IIMs based on your academics and work experience.
Best New IIM For MBA in Finance
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.
Best New IIM For MBA in Marketing
IIM Ranchi is one of the best institutes that provides Sales & Marketing among all the new IIMs. This institute made the highest median package in th domain-wise placements as per the latest placement report for MBA.
Best New IIM For MBA in Consulting
As mentioned before, IIM Trichy is the advisable institute to pursue MBA in Consulting domain. Almost 17% of the placements are made from the consulting domain by IIM Trichy in its final PGP placement season.
One can find the details of all the top MBA colleges in India by visiting this link; list of MBA colleges in India which includes the admission process, placements, fees details, cut-offs, etc., in detail.
Join our Telegram group of MBA aspirants for quick and regular exam updates
