When it comes to pursuing a Master of Business Administration (MBA) in India, the Indian Institutes of Management (IIMs) stand as the pinnacle of excellence in management education. With a rich legacy, world-class faculty, and a history of producing industry leaders, these institutions offer unparalleled opportunities for career growth and personal development. In this article, we will delve into the world of IIMs, highlighting the best among them to help you make an informed decision about your MBA journey in India.
Top IIMs IN INDIA: HIGHLIGHTS
- There are IIMs all around India, and they are renowned for their top-notch training, faculty, facilities, and curriculum.
- High-paying work possibilities are provided to graduates of the IIMs in both the business and public sectors.
- In the NIRF-MHRD list of the Top Management Institutes in India, six of the 20 IIMs are in the top ten.
- Top 3 IIMs—IIM Ahmedabad, IIM Bangalore, and IIM Calcutta—are among the top 50 institutions in the world for management education.
- The CAT exam score, Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI) are used to determine admission to IIMs for the PGP/MBA programmes that are provided by IIMs.
- The selection of applicants for the WAT/GD and PI rounds for Executive PGP courses takes into account their CAT and GMAT scores.
India's Top IIMs: Ranking and Score
| College | NIRF Ranking | NIRF Score |
|---|---|---|
| IIM Ahmedabad | 1 | 83.35 |
| IIM Bangalore | 2 | 82.62 |
| IIM Calcutta | 3 | 78.64 |
| IIM Kozhikode | 5 | 74.74 |
| IIM Indore | 7 | 70.66 |
| IIM Lucknow | 6 | 74.55 |
| IIM Raipur | 14 | 63.57 |
| IIM Tiruchirappalli | 18 | 61.88 |
| IIM Udaipur | 22 | 59.28 |
| IIM Ranchi | 15 | 62.33 |
| IIM Shillong | 26 | 57.84 |
| IIM Rohtak | 16 | 62.20 |
| IIM Kashipur | 23 | 59.06 |
| IIM Nagpur | 43 | 52.84 |
| IIM Sambalpur | 66 | 47.11 |
| IIM Visakhapatnam | 33 | 54.36 |
| IIM Amritsar | 55 | 49.88 |
| IIM Jammu | 36 | 53.58 |
| IIM Sirmaur | 69 | 46.46 |
| IIM Bodh Gaya | 73 | 45.82 |
IIMs Eligibility Criteria
- You must pass the Common Admission Test (CAT) with at least a 98 percentile to be accepted into one of the many IIM programs.
- Additionally, you need a bachelor’s degree with at least 50% of the required marks or an equivalent grade point average (45% for members of the Schedule Caste (SC), Schedule Tribe (ST), and Persons with Disabilities (PWD)).
- Both candidates who have completed degree prerequisites and are awaiting results, as well as those who are in their final year of a Bachelor’s degree/equivalent qualification test, are eligible to apply.
- Such applicants will also receive a certificate from the university, principal, or registrar, as well as temporary admission to the program. You may get all of the information about the institution’s selection process at www.iimcat.ac.in.
Selection Process for Top IIM in India
The three steps of the IIM selection procedure are listed below. Following the release of the CAT scores, the students will proceed as follows:
Candidate selection based on the results of the CAT Exam
Candidates must submit an application for the WAT/GD-PI round on each IIM’s official website as soon as the CAT results are available. Candidates who make the shortlist must log in using their CAT IDs and submit both their names and CAT scorecards.
Evaluation of candidates for WAT/GD-PI
The applicants who have submitted for WAT/GD-PI at this stage of the selection process are further shortlisted based on their CAT scores as well as their academic records, and then invitations to interviews are given out.
Final Selection
At this stage, each applicant is chosen based on a composite score that is calculated using a number of criteria. The final selection process for IIM admission comprises scoring each applicant on a composite scale based on a number of factors. This formula considers eight significant factors: 10 class rank, 12 class rank, graduation mark, WAT/GD-PI results, academic diversity (for candidates without engineering backgrounds), gender diversity (with preference for female and transgender students), and job experience (1–5 years of employment) are all factors that are taken into consideration.
Top IIM Fees
| College | Average Annual IIM Fees (in INR) |
|---|---|
| IIM Ahmedabad | 23.00 lakh |
| IIM Bangalore | 23.00 lakh |
| IIM Calcutta | 23.00 lakh |
| IIM Lucknow | 19.25 lakh |
| IIM Kozhikode | 19.00 lakh |
| IIM Indore | 17.07 lakh |
| IIM Udaipur | 17.60 lakh |
| IIM Shillong | 12.68 lakh |
| IIM Ranchi | 15.30 lakh |
| IIM Rohtak | 15.20 lakh |
| IIM Raipur | 14.20 lakh |
| IIM Nagpur | 13.34 lakh |
| IIM Sirmaur | 11.75 lakh |
| IIM Sambalpur | 13.03 lakh |
| IIM Visakhapatnam | 10.70 lakh |
| IIM Jammu | 13.80 lakh |
| IIM Bodh Gaya | 10.60 lakh |
| IIM Amritsar | 12.00 lakh |
| IIM Trichy | 11.90 lakh |
| IIM Kashipur | 15.10 lakh |
Top IIM Packages
| College | Average IIM Placements Package (in INR) |
|---|---|
| IIM Ahmedabad | 26.13 LPA |
| IIM Calcutta | 29.00 LPA |
| IIM Lucknow | 26.00 LPA |
| IIM Kozhikode | 22.50 LPA |
| IIM Indore | 23.60 LPA |
| IIM Udaipur | 13.84 LPA |
| IIM Shillong | 19.17 LPA |
| IIM Ranchi | 15.11 LPA |
| IIM Rohtak | 13.74 LPA |
| IIM Raipur | 15.20 LPA |
| IIM Nagpur | 13.12 LPA |
| IIM Sirmaur | 11.28 LPA |
| IIM Sambalpur | 11.61 LPA |
| IIM Visakhapatnam | 13.08 LPA |
| IIM Jammu | 10.64 LPA |
| IIM Bodh Gaya | 11.20 LPA |
| IIM Amritsar | 12.61 LPA |
| IIM Trichy | 14.96 LPA |
| IIM Kashipur | 13.82 LPA |
MBA Entrance Exams are acceptable by IIMs
- For MBA/PGP admission, IIMs accept the CAT Exam. Individual institutes offer written tests for individuals enrolled in Executive MBA programs.
- IIM Kozhikode administers the EMAT for its EPGP program. GMAT/GRE scores are required for foreign students to apply to IIMs.
- IIM Indore administers the IPMAT after Class 12 for the IPM (5-year integrated management) program.
- Similarly, for its IPM program, IIM Rohtak holds an IPM Aptitude Test. JIPMAT scores are accepted for admission to IIM Jammu, Bodhgaya, and Ranchi’s IPM programs.
Jobs offered at IIMs
Jobs which are offered by IIMs during campus placements:
| Jobs offered at IIMs | ||
| Consultant | Finance Consultant | Marketing Executive |
| Sales Executive | IT Consultant | Finance Manager |
| Marketing Manager | Sales Manager | Human Resources Manager |
| Operations Manager | Product Manager | Data Analytics Manager |
| Digital Marketing Manager | Advertising Sales Manager | NGO Manager |
FAQ's
There are 20 IIMs in India which offers the best management courses.
All 20 IIMs offer strong campus placements to students, with notable corporations taking part in the process. However, some companies provide a greater wage package than others. According to placement patterns, the top IIMs in India are: IIM Bangalore, IIM Calcutta, IIM Ahmedabad, IIM Lucknow, and IIM Kozhikode.
According to the NIRF rankings 2021, IIM Ahmedabad is the best IIM in India with a number 1 ranking.
IIM Jammu is the youngest IIM in India which was established in 2016.
The highest package of IIM is INR 60 LPA in the 2023 placement
