New IIMs Ranking, Average Package, Placements, Fees, Cutoffs

IIM Ranking In India: The Indian Institutes of Management, also known as IIMs, are well-known for its management programmes, which include MBA, PGP, Executive MBA, and other degrees. IIMs are internationally recognised for their superb faculty, infrastructure, academic profiles and, most significantly, their ranks among the top MBA Colleges.

Admission to IIMs is extremely competitive and involves a lengthy procedure that includes numerous rounds. The CAT exam is the major consideration in the admissions process, as it is the only accepted MBA entrance exam for all Indian IIMs. Eligible candidates are shortlisted for successive rounds of WAT, GD, and PI, where they are assessed on their communication and writing abilities for MBA/PGP courses.

List of IIM Rankings in India

IIMs are categorized based on the year of their establishment. Based on this, IIMs are either "Main" or "New" or "Baby" IIMs. The oldest IIMs are the 'Main' IIMs followed by 'New' followed by 'Baby' IIMs.

Naturally the older IIMs have higher repute, better placements and therefore, have higher percentiles. IIMs and colleges in general are ranked higher if they are older. This however, is not necessary, a newer college can be ranked higher than an older college, as this blog explains later.
Check Complete, List of IIM Colleges in India

If readers take a proper look, it is fairly easy to see the classification.

• IIMs established before 1996 are Old/Main IIMs - BLACKI M
• IIMs established between 1996 and 2014 are called 'New IIMs'
• IIMs after 2014 are termed as 'Baby IIMs'

New IIMs Ranking 2024

The newer IIMs have been established to ensure that quality management education is available to students. Considering the rise of specialization in the world that we live in combined with the India's ever rising population, it is, but natural, that higher education is the only method for differentiation.

Baby IIMs in particular are under the guidance of of an Old IIM. As a result of this, the same pedigree and culture gets transferred over the years from one college to another. Various factors come into play when we look at the rankings ranging from the parental IIM, placements, campus, etc. It is highly advisable that students look beyond rankings and learn about the culture of each college.

Top New IIMs in India: Ranking & Analysis 2024

IIM Shillong

The Indian Institute of Management Shillong, also known as IIM Shillong (IIM-S), is a public, self-governing management institute located in Shillong, Meghalaya, created in 2007. Shillong was the country's eighth IIM to be formed.

Surrounded by lush greenery, the wide new 120-acre permanent campus of IIM Shillong at Umsawli is outfitted with all of the amenities required to make it into a study heaven.

IIM Shillong offers various courses, a list of these have been shared below.

• Post-Graduate Programme in Management (PGPM)
• Post Graduate Programme for Executives – (PGPEx)
• Post Graduate Programme for Working Executives
• Doctoral Programme
• Doctoral Programme (Working professionals)
• Management development programs
• Faculty Development Programs
• Certification Programs

Considering the large pool of students and residents present on-campus, because of the number of programs offered, students get a lot of high quality interaction that is very valuable.

IIM Rohtak

IIM Rohtak is one of the newer additions to the IIM club. It was formed in the year 2010. Though it is a relatively younger part of the IIM academia, it has, in fact, grabbed its hold on the direction of management education timely.

Being an IIM means having a large campus filled with greenery and world-class infrastructure. IIM Rohtak is updated with modern classrooms, a library with adequate books, and advanced IT facilities. The learners have the opportunity to get their education in places that are in university settings.

IIM Raipur

IIM Raipur was established in the year 2011 and has been amongst the fastest growing B-Schools (and IIMs) in the country. The institute is in Chhattisgarh and the state-of-the-art infrastructure keeps in mind of the cultural heritage.

IIM Raipur is focused on research and innovation. The teaching methods at IIM Raipur are aimed at developing the critical thinking ability of students and fostering an environment that helps in development of innovative ideas.

IIM Raipur is focused on becoming a hub for research and innovation.

IIM Ranchi

IIM Ranchi was established in the year 2010 with the aim of keeping a very strong emphasis on CSR. CSR means Corporate Social Responsibility. CSR is a way of thinking that corporates undertake to ensure that all members of an ecosystem and society are taken care of. That is to say, businesses function is a manner of enhancing the society and not degrading it.

The top B-Schools in the country, such as XLRI, are known all over Asia for such thinking principles. IIM Ranchi's PGP and PGP-HRM are meant to develop word-class leaders that keep in mind CSR and business ethics to ensure the development of the society as a whole.

IIM Tiruchirappali

IIM Trichy is ranked #22 by the NIRF in the management category. Established in 2011, it has rapidly risen in the rankings, thanks in large part to the IIM-Brand, and is now one of the best MBA colleges in the country.

IIM Tiruchirappalli is well-known for its academically tough programmes and vibrant campus culture. The institute offers a wide range of management courses, including the Postgraduate Programme in Management (PGPM). In the process, the institution emphasises research, innovation, and industry engagement, providing students with both leadership and entrepreneurial experience as well as academic preparation.

IIM Kashipuri

Located in the foothills of Himalyas, IIM Kashipuri's emphasis is on sustainable business practices. The institute is focused on bridging the gap between urban and rural practices and markets. It does so by promoting inclusive and sustainable business practices.

To promote this, the college has Rural Immersion Programs and Industry-based internships so students learn the best of both worlds.

IIM Udaipur

IIM Udaipur was founded in 2011 and has grown rapidly.

IIM Udaipur not only holds the distinction of being the youngest IIM to appear in the QS 2020 and FT MIM rankings, but it also possesses international management education standards. The coveted AACSB certification validates IIM Udaipur's global prominence as an institution. Only 5% of worldwide business schools join the AACSB membership.

IIM Udaipur is India's fifth-ranked institute for excellent research output in management courses. The teaching faculty and students are involved in high-level research projects that are critical to the progress of the management field and the resolution of contemporary business difficulties.