Indian Institutes of Management are some of the most desired business schools, with excellent management education around the world. These premier institutes are opted for by the management aspirants due to excellent placement prospects along with academic standards. This blog will cover the Top 10 IIMs in India, courses, fees, rankings, and admission procedures for 2024.
India’s Top IIMs: Key Figures 2024
IIMs are yet again positioned amongst the best business schools in the country and offer MBA and postgraduate courses. In 2024, these institutes also deliver specialized courses with industry-aligned curricula and international exposure.
Here are some highlights about the IIMs in India:-
| Total IIMs | 21 |
| Type of Institution | Public (Government) |
| Programs Offered by IIMs | MBA / PGDM |
| MBA Specializations |
|
| Entrance exams | CAT/GMAT |
Top 10 IIMs in India
In India, 21 Indian Institutes of Management are located there, which are offering a vast scope of management courses and specializations. Among these, the top ten IIMs in India rank as best MBA institutions in the country and are also well-reputed and carried international influence. These IIMs are frequently found in international rankings like QS World Ranking and Financial Times rankings.
Courses and fees Along with the IIM rankings for 2024, course and fee details are provided below.
| S.No | IIMs | Location | Courses Offered | Fees (Approx.) |
|---|---|---|---|---|
| 1 | IIM Ahmedabad | Ahmedabad | MBA, PGP, Executive MBA | ₹23-25 Lakhs |
| 2 | IIM Bangalore | Bangalore | MBA, PGP, Executive MBA | ₹24-26 Lakhs |
| 3 | IIM Calcutta | Kolkata | MBA, PGDM, Executive MBA | ₹22-24 Lakhs |
| 4 | IIM Lucknow | Lucknow | MBA, PGP, IPMX | ₹20-23 Lakhs |
| 5 | IIM Kozhikode | Kozhikode | MBA, PGP, Executive Programs | ₹18-21 Lakhs |
| 6 | IIM Indore | Indore | MBA, PGDM, IPM | ₹17-19 Lakhs |
| 7 | IIM Shillong | Shillong | MBA, PGP, PGPEX | ₹14-17 Lakhs |
| 8 | IIM Udaipur | Udaipur | MBA, PGDM, Global Programs | ₹17-19 Lakhs |
| 9 | IIM Raipur | Raipur | MBA, Executive MBA | ₹16-18 Lakhs |
| 10 | IIM Rohtak | Rohtak | MBA, IPM, Executive MBA | ₹15-17 Lakhs |
Ranking for IIMS in India
The IIM Ranking is determined by various factors, including academic performance, placement statistics, infrastructure quality, and global recognition. IIM Ahmedabad, Bangalore, and Calcutta frequently occupy the top three positions in several rankings, such as the NIRF Rankings. The following are some of the rankings for the leading IIMs in India:
| S.No | IIMs | NIRF Ranking 2024 |
|---|---|---|
| 1 | IIM Ahmedabad | 1 |
| 2 | IIM Bangalore | 2 |
| 3 | IIM Calcutta | 3 |
| 4 | IIM Lucknow | 4 |
| 5 | IIM Kozhikode | 5 |
| 6 | IIM Indore | 6 |
| 7 | IIM Shillong | 7 |
| 8 | IIM Udaipur | 8 |
| 9 | IIM Raipur | 9 |
| 10 | IIM Rohtak | 10 |
Eligibility Criteria for Top 10 IIMs in India
As per the eligibility criteria, one should have a bachelor’s degree with at least 50% marks with an appropriate CAT score. Moreover, some IIMs consider work experience, academic diversity, and extra-curricular achievements during the selection process.
Admission Procedure of Top IIMs in India
For admission to the elite IIMs, students need to fulfil a set of requirements to apply. Moreover, In general, they apply via an online application form to any of the IIMs spread across the country.
Below is a step-by-step overview of the admission process for the top IIMs in India:
- Entrance Test: Applicants must take one of the accepted entrance examinations, such as CAT or GMAT, as and when specific to the program for which they are applying. Candidates must submit the online application form for the Indian Institutes of Management (IIMs) they have chosen with all other details including personal details, academic qualifications and work experience.
- Documentation: Applicants will upload valid entrance exam scores along with required documents such as photographs and signatures. One should pay the application fee at the end, after having reviewed all the entered information.
- Shortlisting: Each IIM makes a shortlist of candidates based on the cutoff scores. Candidates shortlisted will be invited to attend further rounds of the admission process.
- Personal Interview: Shortlisted candidates will have to pass through personal interviews and group discussions, which will be crucial in the selection process.
- Based on interviews: the final select list will be announced by the IIMs of students who have successfully gained admission to various programmes offered by these prestigious institutes.
This process thereby ensures that the best candidates are selected to join the demanding yet rewarding management courses of the IIMs.
FAQs
Q – What is the eligibility criteria for admission to IIMs?
A – Candidates must have a bachelor’s degree with at least 50% marks (or 45% for reserved categories) and must qualify in entrance exams like CAT or GMAT.
Q – Thus, this CAT score becomes very vital in the admission process.
A – The CAT score forms an integral part of the admission process and aids in short listing people to undergo personal interviews and group discussions.
Q – What is required during the application process?
A – Candidates have to apply with entrance exam scores, transcripts, identification proof, photographs, and such other documents indicated by the respective IIMs.
Q – What is a typical fee structure for the MBA programmes at IIMs?
A – The range of MBA programs within the top IIMs can extend from ₹ 10 to ₹ 25 lakhs, and considering the institute and the program.
Q – What is the placement scenario like for students graduating from top IIMs?
A – Graduates from prestigious Indian Institutes of Management (IIMs) experience outstanding placement opportunities, with numerous individuals obtaining lucrative positions in esteemed companies spanning diverse sectors, frequently with average compensation packages surpassing ₹30 lakhs per annum.
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