Which New IIMs Are Best? (Rankings, Placements & Fees)

which new iims are good

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.

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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.

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


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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.

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