SIBM Pune vs New IIMs, Fees, Placements, Average Package

Nehal Sharma

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Apr 06, 2026

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    SIBM Pune vs New IIMs, Fees, Placements, Average Package

    SIBM Pune vs New IIMs: A major difference between SIBM Pune and new IIMs is branding. While SIBM holds the Symbiosis brand, new IIMs have the IIM branding. There are nine new IIMs in India that are established after 2010 to 2015 and include IIM Amritsar, IIM Bodh Gaya, IIM Jammu, IIM Nagpur, IIM Sambalpur, IIM Sirmaur, IIM Visakhapatnam, IIM Kashipur, and IIM Trichy. New IIMs are also called baby IIMs, third-generation IIMs or developing IIMs.

    Compared to new IIMs, SIBM Pune, established in 1978, is much older with an alumni network over 40 years old. With establishment of the new IIMs, students face confusion between SIBM Pune vs new IIMs. But the harsh reality is that new IIMs are failing to provide decent placement, infrastructure and a fee justification. For example, in 2024-25, IIM Amritsar had a cohort of 318 students out of which 30 were unplaced, 48 opt-outs and nearly 25% jobless. SIBM Pune unlike new IIMs such as IIM Amritsar or Sambalpur offers institutional habitability and good placements which justify the fee charged.

    SIBM Pune vs New IIMs

    Both SIBM Pune and newer IIM colleges offer MBA courses but with different benefits. SIBM Pune has a strong legacy extending over four decades while newer IIMs are still gaining recognition alongside older IIMs. Students choosing newer IIMs over SIBM get the advantage of an IIM branding and improving college rankings, choosing SIBM Pune offers better placements with higher salary outcomes. The table below compares the trade-offs between SIBM Pune and newer IIMs.

    Factors

    SIBM Pune

    New IIMs

    Average Package

    Higher

    Lower

    Corporate Reputation

    Strong

    Moderate to Strong

    Legacy

    40+ years

    Minimal Legacy compared to Old IIMs (50-60 years)

    Associated Tag

    Tier 1 or Elite

    IIM branding

    Alumni Network

    Wide

    Smaller

    NIRF Ranking 2025

    11th

    New IIMs have increased by 6 to 11 ranks

    SIBM Pune vs Baby IIMs: Selection Criteria

    Admission process is different at SIBM Pune vs newer IIMs. SIBM Pune admission process selects candidates based on their SNAP scores. Further SIBM Pune evaluates the shortlisted candidate through group exercises and interviews to build a diverse cohort. Newer IIMs have a structured and comprehensive admission process with selection through CAT scores. Shortlisted candidates are further filtered based on academic consistency and diversity factors. Newer IIMs follow a standardized process while SIBM Pune selects based on merit in the entrance test.

    Selection Criteria

    SIBM Pune

    New IIMs

    Entrance Exam

    SNAP

    CAT

    Shortlisting

    Entrance test merit

    Overall profile including CAT scores, Class 10 & 12 marks, graduation marks, & gender diversity.

    Final Selection

    Group Exercise + PI + WAT

    PI + WAT + CAP

    Profile Weightage

    Varied profiles with high SNAP scores

    Academic consistency + 10th/12th and graduation marks

    Admission Process

    Multi-stage and may be virtual or in-person

    Structured CAP

    ROI

    Higher average ROI

    Lower ROI with placements rising slowly

    SIBM Pune vs Baby IIMs: Placements

    At SIBM Pune 2023-25 batch placements, about 300 companies participated across Aerospace, Analytics, Automobile, BFSI and other sectors. Famous companies like Accenture, Amazon, BNP Paribas, and Cognizant also participated in SIBM Pune placements. SIBM Pune highest package reached ₹53.58 LPA and the average package stood at ₹28.83 LPA.

    College Name

    Highest CTC

    Median CTC

    SIBM Pune

    ₹74.84 LPA

    ₹27 LPA

    IIM Amritsar

    ₹ 25.86 LPA

    ₹18 LPA (Top 20%)

    IIM Trichy

    ₹43.69 LPA

    ₹18.24 LPA

    IIM Kashipur

    ₹33.12 LPA

    ₹14.46 LPA

    IIM Sambalpur

    ₹48.6 LPA

    -

    IIM Jammu

    -

    ₹15.80 LPA

    IIM Bodh Gaya

    ₹22 LPA

    ₹12 LPA

    IIM Vishakhapatnam

    ₹32.5 LPA

    ₹15 LPA

    IIM Sirmaur

    -

    -

    IIM Nagpur

    ₹69.57 LPA

    ₹17.03 LPA

    SIBM Pune vs New IIMs: MBA Fees

    Compared to most of the newer IIMs, SIBM Pune has a higher MBA fee structure. Most of the newer IIMs have relatively moderate fee ranges but lack proper infrastructure or placement outcomes to benefit the students in their career. Based on this condition, if students were to invest heavily in SIBM Pune, the outcome or ROI would be higher due to stronger placements and well-established infrastructure. Therefore, before taking your final decision, it is crucial to evaluate cost vs ROI and institutional maturity.

    College Name

    MBA Fees

    SIBM Pune

    ₹26.20 Lakhs

    IIM Amritsar

    ₹21.5 Lakhs

    IIM Trichy

    ₹21 Lakhs

    IIM Kashipur

    ₹17.30 Lakhs

    IIM Sambalpur

    ₹21.01 Lakhs

    IIM Jammu

    ₹22.8 Lakhs

    IIM Bodh Gaya

    ₹19.44 Lakhs

    IIM Vishakhapatnam

    ₹23.58 LPA

    IIM Sirmaur

    ₹20 Lakhs

    IIM Nagpur

    ₹21.0 Lakhs

    SIBM Pune vs New IIMs: Average Package

    The table below highlights the average package offered at SIBM Pune vs newer IIMs reinforcing the placement gap that exists between these two options. Without doubt, SIBM Pune's average package is significantly higher than that of most of the newer IIMs. It reflects stronger placement outcomes, recruiter depth and better job roles offered to SIBM Pune graduates compared to newer IIM passouts. The gap in average CTC between newer IIMs and SIBM Pune suggests that newer IIMs have a developing placement ecosystem while SIBM’s is already matured.

    College Name

    Average CTC

    SIBM Pune

    ₹28.18 LPA

    IIM Amritsar

    ₹19.11 LPA (Top 20%)

    IIM Trichy

    ₹19.27 LPA

    IIM Kashipur

    ₹14.95 LPA

    IIM Sambalpur

    ₹16.7 LPA

    IIM Jammu

    ₹16.04 LPA

    IIM Bodh Gaya

    ₹13 LPA

    IIM Vishakhapatnam

    ₹15.72 LPA

    IIM Sirmaur

    ₹13.3 LPA

    IIM Nagpur

    ₹18.07 LPA

    SIBM Pune vs New IIMs: Cut-off

    Percentile requirement for SIBM Pune vs new IIMs is different. SIBM Pune cutoff includes a high SNAP percentile requirement due to higher competition. New IIMs have different cutoff ranges depending on the institution policies, with the range being moderate to high. For either SIBM Pune or newer IIMs, you'll have to work hard and secure top percentiles for clearing the cutoffs.

    College Name

    Accepted Entrance Exams

    Cutoff

    SIBM Pune

    SNAP

    99.5+ %ile

    IIM Amritsar

    CAT

    85+

    IIM Trichy

    CAT

    95+

    IIM Kashipur

    CAT

    95+

    IIM Sambalpur

    CAT

    94+

    IIM Jammu

    CAT

    90+

    IIM Bodh Gaya

    CAT

    90+

    IIM Vishakhapatnam

    CAT

    90+

    IIM Sirmaur

    CAT

    90+

    IIM Nagpur

    CAT

    95+

    Is SIBM Pune More Expensive Than New IIMs?

    Yes, on an overall comparison, SIBM Pune is more expensive than new IIMs but the expenses are balanced by excellent placements, higher average CTC and established corporate reputation. If you do not want to incur higher costs on your MBA degree then the best option would be to choose new IIMs over SIBM Pune. But the lower fees also comes with another major drawback which is a developing placements ecosystem. Although, a great advantage of choosing new IIMs with affordable fees would be the IIM branding.

    Ultimately, the choice depends on you. If you prioritize a higher ROI and a well-established placement outcome to benefit you in your life-long career, then SIBM Pune is the best choice despite being more expensive. But, if your preference lies in long-term brand value with a lower initial cost of studies, then choose new IIMs and work hard for securing good placement offers both in-campus and in off-campus recruitment drives.

    SIBM Pune vs New IIMs: Conclusion

    Choosing between SIBM Pune vs New IIMs depends largely on your priorities, whether it is immediate placement outcomes or long-term brand value. SIBM Pune stands out with its strong legacy, higher average packages, and well-established corporate connections. It offers a mature ecosystem with consistent placement performance, making it a preferred choice for students focused on ROI and career stability.

    On the other hand, New IIMs provide the advantage of the IIM brand, structured admission process, and growing reputation in the MBA landscape. While placements are still evolving, they are steadily improving each year. If you are willing to take a long-term perspective and value the IIM tag, New IIMs can be a good option. Ultimately, the right choice depends on your career goals, budget, and risk appetite.

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