June 02, 2026: Here we have discussed IMT Ghaziabad Selection Criteria 2026 with complete details on eligibility, shortlist process, interview, and placementsRead More
June 02, 2026: Here we have discussed Top MBA Colleges in Gujarat 2026 covering IIM Ahmedabad, MICA, IRMA, fees, placements, and admission criteria.Read More
IIM Colleges: The Indian Institutes of Management (IIMs) are a group of premier management
institutes in India known for their excellence in business education and research. These are top-tier B-Schools that
stand for excellence, commitment and competition.
These institutes attract the best of the talent, the best of the companies and the best of the faculty. IIM Calcutta was the first
to be established in the year 1961 followed by IIM Ahmedabad in the
same year. These two institutions were set up with the assistance of renowned international management institutions -
IIM Calcutta with the support of MIT Sloan School of Management, and IIM Ahmedabad with the support of Harvard
Business School.
The top IIMs have consistently ranked high, not just in India but in the QS World Ranking as well.
IIMs are the top-tier of management institutes in the country. An Post Graduation or Fellowship from any of these
colleges ensures a satisfactory placement and career growth.
Some of these IIMs - IIM A, IIM B, IIM C are amongst the highest ranked institutes in the world, ensuring a place in
the top 60 rankings. Because of factors such as this, immense brand value and high competition - IIM Selection
criteria is tough.
The selection criteria goes beyond CAT
scores and some colleges include marks in class 10th as well.
IIM Colleges can be categorized based on the year of their
establishment. The colleges mentioned below are "Older IIMs"
These are the top IIM Colleges in India, rank-wise. Their rank, typically, is influenced by their order of
establishment. These are the top IIM Colleges in India. These attract the top-brass of the nation and therefore, also
attract the top companies of the nation.
The value of being an alumni of one of these colleges is immense.
The top IIMs in India are amongst the best colleges in the worlds. These are -
1. IIM Ahmedabad
The best management institution in the country, IIM
Ahmedabadis one of the toughest IIMs to get into. This is so because of its high brand value.
The alumni of this institution are leading the best of the companies in the world. In fact, former RBI Governor Dr.
Rajan is an alumna of this institution. The institution boasts of 100% placements, very high internship stipend and an
average CTC of over 30LPA.
World Ranking
Fees
Average CTC
Overall Cutoff
53
26 L
36.14 LPA
99.5+
2. IIM Bangalore
The third oldest IIM in the country, IIM
Bangaloreoffers a unique networking opportunity because of its locational advantage. Being in
Bangalore, the college provides you exposure to a very different culture - a startup ecosystem. It also offers great
networking benefits. The majority of the crowd in IIM B is youngsters and therefore the college manages to fosters a
risk-taking ability.
World Ranking
Fees
Average CTC
Cutoff
48
24.7 L
35.92 LPA
99+
3. IIM Calcutta
The oldest management institutes in the country, IIM
Calcuttais very tough to get into. This is because they do not shy away from selecting
engineers and have very few reservation points.
IM Calcutta is one of only three triple accredited business schools in India, and the first to get the recognition.
Triple accreditation (Triple Crown) refers to the simultaneous accreditation of a business school by three
international accreditors: the Association to Advance Collegiate Schools of Business (United States), the Association
of MBAs (United Kingdom), and EFMD Quality Improvement System (Belgium).
Recognized as an "Institution of Excellence" by India's Ministry of Human Resource Development. IIM
Lucknowalso acts as a mentoring institute for a lot of Baby IIMs. It is also amongst the most
premier institutes for finance in the country.
The locational advantage is a little bit different here - it extends to food here, in the city of Nawabs. Keeping
that aside, the institute is notorious for preferring students from unique backgrounds such as law, medicine etc. and
then giving them an education in finance that is the best in the country.
World Ranking
Fees
Average CTC
Cutoff
151-200
20.75 L
30 LPA
99+
5. IIM Kozhikode
Ranked #3 by NIRF in 2023, IIM
Kozhikodehas rapidly increased its ranking and if an institute manages to do so, it is doing
something right. It was the first institute in India to offer a learning program for management executives.
The institute boasts of a serene campus but also boasts of their start-up culture. Maybe that is the reason why NIRF
has ranked IIM K higher than even IIM C. The institute has an alumni funded fellowship so that students can pursue
their dreams. Aside from this, it also hosts one of the largest B-School Entrepreneurship summits with invitations
extending to even VCs!
World Ranking
Fees
Average CTC
Cutoff
-
21 L
28.05 LPA
99+
6. IIM Indore
Ranked#8 by NIRF in 2023, IIM I was the first institute in India to offer an Integrated Program to undergraduate
students. The program started in 2014. Because of this, the college manages to foster a great deal of healthy
competition and therefore, attracts top-end companies.
IIM Indore, as mentioned, hosts an IPM program as well. Because of this, the batch size is larger than originally
anticipated. Because of this, IIM
Indore is amongst the toughest institutes to get into. Because it attracts the best of the
talents, it manages to host the best of the companies. The highest CTC in IIM I has exceeded 1Cr during the placement
drive in 2024.
World Ranking
Fees
Average CTC
Cutoff
151-200
22.5 L
25.68 LPA
99+
7. IIM Mumbai
Formerly known as NITIE - National Institute of Industrial Engineering. This recently formed IIM is, technically
speaking, one of the old IIMs. It was established as a college in 1963 and has recently been named as an IIM.
Even as "NITIE" - the institute amongst the top-10 in the country. Given the tag and the fact that IIM Mumbai, is
technically, an old IIM. It is, but natural, to understand that it is amongst the best institutes in the nation now -
arguably in the top 5. Further, it is one of the best college in the nation for operations and supply-side management.
World Ranking
Fees*
Average CTC of top 50% batch
Cutoff
-
24 L +
33.84 LPA +
98 +
*The fees and CTC for IIM Mumbai is not available. It is so because it is a recent IIM and the data isn't clear as of
now. This amount mentioned is what is expected. This figure has been calculated based on the figures last year and a
margin has been added to it.
8. IIM Raipur
Ranked #11 by NIRF in 2023, IIM Raipur. IIM R is one of the newer IIMs and still has managed to get ranked so high
by NIRF. This means that the college is doing something right. The institute is known for experimentation and has
managed to create a niche for itself.
World Ranking
Fees
Average CTC
Cutoff
-
17 L
17.3 LPA
95+
9. IIM Rohtak
IIM
Rohtakis ranked #12 by NIRF. IIM Rohtak is a little different from other institutions because
it has a 3 to 1 female to male student ratio. The alumni of this institute serves as successful CEOs of various
companies.
The percentile required for IIM Rothak fluctuates a lot. While some might believe it is a bad thing, we have seen
students at 99%ile getting rejected and those over 92%ile getting selected. This goes to show that the institute looks
at students profiles very deeply and thus, manages to secure great talent.
World Ranking
Fees
Average CTC
Cutoff
-
18.3 L
19.27 LPA
96+
10. IIM Udaipur
Ranked #72 by Financial Times Global Rankings, it is the youngest B-School in India to get featured in Global
Rankings. This also explains why it has been ranked #16 by NIRF.
As mentioned above for IIM Rohtak, getting an admission in IIM
Udaipurisn't a cakewalk. We have seen students at 99.3%ile struggling for admissions here.
However, this is not something that should discourage you if you have a strong profile and an ambitious personality.
Because of its profile-focused evaluation criteria - the institute has managed to get highly ranked even on an
international parameter.
Baby IIMs are those IIMs that were established after 2011. Since they are the youngest bunch of IIMs, they are
clubbed together and called "Baby IIMs"
These institutes are mentored by the top 6 IIMs with regards to their placements, the curriculum etc.
1. IIM Amritsar
IIM Amritsar currently provides a Post Graduate Programme in Management. This programme has been created to give
world-class management education that meets the needs of businesses. The Institute uses the same pedagogy as the other
members of the distinguished IIM fraternity. With numerous facilities such as cutting-edge IT-enabled classrooms and a
digital library that provides access to the most relevant national and international business and management
periodicals.
Fees
Cutoff
Average CTC
16 L
93 +
16.5 LPA
2. IIM Bodhgaya
Aside from the traditional classroom setting, IIM Bodh Gaya places an emphasis on practical learning, with students
participating in case studies, talks with industry experts, live projects, and so on. The institute's emphasis on
relevant research is obvious in the credentials and accomplishments of its faculty, who have published in ABDC and
Scopus-listed journals of renown. In a short period of time, IIM Bodh Gaya has enhanced its position in the corporate
sector, with its students contributing to famous commercial organisations around the country.
Fees
Cutoff
Average CTC
15.5 L
93 +
14.9 LPA
3. IIM Kashipur
The institute has established three centres of excellence, which are intended to serve as the junction of
scholarship, education, training, research, and consulting, placing a groundbreaking multidisciplinary approach at the
disposal of students, government, and corporate enterprises. These centres of excellence promote multidisciplinary
programmes and research. Currently, there are three centres of excellence: the Centre of Excellence on Public Policy
and Government (COEPPG), the Design Innovation Centre (DIC), and the Foundation for Innovation and Entrepreneurship
Development (FIED). Each centre is dedicated to cutting-edge research, innovation, entrepreneurial spirit, and
sustainability, while also assisting the ecosystem in achieving the institute's strategic goals.
Fees
Cutoff
Average CTC
17.3 L
94.5 +
18.1 LPA
4. IIM Trichy
One of the fastest growing baby IIMs in the nation, IIM Trichy promotes a culture of creativity, leadership, and
critical thinking among its students. The institute boasts a world-class faculty that bring substantial expertise and
industry experience to the classroom. IIM Trichy's cutting-edge infrastructure, which includes contemporary
classrooms, a well-stocked library, and excellent research facilities, creates an ideal setting for academic and
research activities.
Fees
Cutoff
Average CTC
21 L
96 +
20.5 LPA
5. IIM Nagpur
IIM N, as a new generation IIM, strives to develop value-driven leaders, global managers, and entrepreneurs with
strong conceptual underpinnings and analytical approaches to enable them be the best in their chosen area. The goal is
to serve the demands of modern India in an innovative manner, connecting aspirations and reality in order to achieve
internationally recognised benchmarks. IIM Nagpur is gradually expanding its array of activities to meet these
aims.The institute's curriculum was established by management education specialists.
Fees
Cutoff
Average CTC
18 L
93 +
16.7 LPA
6. IIM Sambalpur
One of India's best management schools, IIM Indore, is a mentor to IIM Sambalpur, one of the country's newest
colleges of management. This implies that a large number of IIM Indore faculty members attend classes at IIM
Sambalpur, and that the curriculum and pedagogy of the two institutions are comparable, mirroring the esteemed
reputation of the Indore-based university.
Fees
Cutoff
Average CTC
13 L
93 +
16.6 LPA
7. IIM Sirmaur
The Institute aspires to seamlessly integrate management education with local and global goals in an enabling
environment. It argues that management education is about more than just finding the most competitive job prospects;
it is also about learning to fulfil socioeconomic problems through ethical and visionary corporate governance. It
aspires to focus on indigenous areas and new techniques in order to build sensitive corporate leaders and
entrepreneurs for the future.
Fees
Cutoff
Average CTC
15.75 L
94 +
14.5 LPA
8. IIM Visakhapatnam
The Institute is committed to meeting the global excellence standards enshrined in the IIM Act 2017 through
high-quality academic, research, consulting, and capacity building initiatives, while also gaining and maintaining the
trust and confidence of students, parents, faculty, business, government, and the general public.
Fees
Cutoff
Average CTC
17.5 L
94 +
16.6 LPA
9. IIM Jammu
The Government of India founded the Indian Institute of Management (IIM Jammu), the newest member of the IIM
brotherhood, in Jammu & Kashmir in 2016. IIM Jammu provides PG, PhD, and executive programmes in management to
students, and it does it with high standards for exceptional value-based quality education, executive education,
high-quality research, and strong business connections.
Thank you for your response! We truly value your feedback.
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The list of the top IIMs in the nation is majorly constant while individual rankings withing the top 10 might change. The top IIMs in the country are - Ahemdabad, Bangalore, Calcutta, Kozhikode, Indore, Shillong, Mumbai, Lucknow, Rohtak and Udaipur.
At present, there are 21 IIMs in India. Based on their year of establishment, these are categorized as either "Old IIMs" or "New IIMs" or "Baby IIMs".
Depending upon you college, you will get a CTC. The average CTC can range from 16 LPA (or in some cases lower) to upwards to 35+ LPA in some old IIMs.
IIMs are not institutes that offer affordable learning. It is incredibly difficult for members of the general public to study at these institutes without taking a loan. IIM Sambalpur, being the most affordable of these institutes provides an MBA at 13 Lakh.
Yes, IIT accepts CAT exam for MBA. Infact, it the only exam it considers for MBA course. Prestigious institutions like IITs are really good when it comes to courses like MBA.