Tasbiya KhanSenior Executive
Top IIMs Colleges in India: NIRF Rankings 2024, Fees, Admission, Courses, Seat Intake, Cutoff, Placements
The Indian Institutes of Management (IIMs) are highly ranked management schools in India, recognized in various rankings and surveys such as NIRF, India Today, Business Today, and Financial Times. They are also designated as Institutions of National Importance by the Government of India. There are 21 IIMs across the country, offering a range of programs including MBA, PGP, PGDM, Executive MBA, and Fellowship programs. The newest addition is IIM Mumbai, formerly known as NITIE Mumbai, which was renamed in 2023. The top three IIMs are the oldest: IIM Ahmedabad and IIM Calcutta, both established in 1961 and IIM Bangalore, which was established in 1973. Between 2008 and 2016, fourteen new IIMs were established, expanding the network significantly. Some of the top IIMs in India are IIM Bangalore, IIM Ahmedabad, IIM Kozhikode, IIM Calcutta, IIM Mumbai, etc.
- As per NIRF ranking 2024. IIM Ahmedabad retains the No. 1 position.
- IIM Raipur improved its ranking as it shifted to rank 11 when compared to rank 14 in 2022.
- IIM Ahmedabad recorded the highest annual average package, which includes INR 30 LPA.
Latest Update:
- The CAT 2024 exam is scheduled on Nov 24, 2024.
- The XAT registration 2025 for the MBA/PGDM courses is open and the last date is Nov 30, 2024. Candidates can visit and register themselves on the official website. Further, the XAT 2025 exam will be conducted on Jan 5, 2025.
- XAT 2025 exam pattern revised.
Table of Contents
- Top IIM Colleges in India: Highlights 2024
- Top IIM Colleges in India with NIRF Ranking 2024
- Top IIM Colleges in India: Admissions 2024
- Top IIM Colleges in India: Exam Schedule 2024
- Top IIM Colleges in India: Fees, Admission, Seat Intake, Eligibility, Entrance Exams
- State-wise Top IIM Colleges in India
- Top IIM Colleges in India: Fees vs Salary
- Highest Salary Offered by Top IIMs in India
- Cost of Pursuing MBA at Top IIMs in India
- Specialisations Offered by Top IIM Colleges in India
- Top IIMs in India: Cutoff 2024
- Top IIM Colleges in India: Comparison
- Top IIMs Colleges in India FAQs
Top IIM Colleges in India: Highlights 2024
IIM admission is broadly based on three parameters. This includes CAT scores, written ability tests (WAT) or group discussions (GD) Personal Interviews (PI), and academic records. They are conducted after the CAT result announcement. Candidates who meet the CAT cut-off, are shortlisted for WAT and PI. Final selection for admission is based on the candidate's overall profile - CAT score, academic score, work experience, category, and WAT and PI score.
Check out key highlights of top IIM in India:
| Parameters |
Statistics |
|---|---|
| No. of IIMs |
21 |
| Annual Fee |
INR > 5 lakh: 17 colleges |
| Top IIms in India |
IIM Bangalore, IIM Ahmedabad, IIM Kozhikode, IIM Calcutta, IIM Mumbai, etc. |
| Top Specialisations |
Finance, Human Resources, Operations, Sales & Marketing, IT & Systems, etc. |
| Accepted Entrance Exams |
Disclaimer: This information is sourced from the official website and may vary.
Predict your chances here: MBA Cutoff 2024 Predictor
Top IIM Colleges in India with NIRF Ranking 2024
The National Institute of Ranking Framework (NIRF) is designed by the Ministry of Education to rank the top 100 colleges in India in different educational streams. The NIRF ranking is based on five parameters – Teaching, Learning and Resources, Research and Professional Practice, Graduation Outcomes, Outreach and Inclusivity, and Peer Perception.
See the table below of the top IIM India as per NIRF rankings from the past three years, i.e. 2022 to 2024:
Disclaimer: This information is sourced from the official website of the ranking body listed and may vary.
READ MORE: MBA Courses
Top IIM Colleges in India with FT Global Rankings 2024
The Financial Times Global MBA Rankings are recognised worldwide as a benchmark for evaluating the quality and impact of MBA programmes across the globe. Listed below are the 6 Indian B-schools featured in the Financial Times (FT) Global MBA Rankings 2024:
| B-School Names | India Rank | Global Rank |
|---|---|---|
| IIM Ahmedabad | 2 | 41 |
| IIM Bangalore | 3 | 47 |
| IIM Calcutta | 4 | 67 |
| IIM Lucknow | 5 | 85 |
The eligibility criteria for IIMs vary as per the course. However, here we’ve mentioned the basic eligibility criteria for best IIM colleges in India:
- The basic IIM eligibility criteria are graduation with minimum 50% aggregate marks or equivalent CGPA (45% for SC, ST, and PWD/DA categories)
- Candidates appearing for the final year of the bachelor's degree/equivalent qualification exam or awaiting their results are also eligible to apply
- For admissions, institutions also conduct entrance exams like CAT.
Top IIM Colleges in India: Exam Schedule 2024
The two most popular entrance exams accepted by best IIM in India are:
- CAT: A national-level management aptitude test known as the Common Admission Test (CAT) is required for enrollment in the MBA programmes provided by 20 IIMs and more than 1,200 B-schools in India. Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude are the three categories that make up the CAT question paper. Phase-by-phase completion of the CAT syllabus, practice taking mock exams, and review are all important components of CAT exam preparation.
Take a look at the table below for the complete schedule of exams in top IIM institute in India:
| Exam Name |
Dates |
Exam Schedule |
|---|---|---|
| CAT 2024 Exam |
24 Nov '24 |
Read More: Courses Offered by Top IIM Colleges in India
What are the entrance exams accepted by top IIM Colleges in India?
The top IIM institute in India accept scores obtained by students in numerous national-level examinations. See the table below for a detailed overview of the top exams to get admitted to the top IIM colleges in India:
Preparing for CAT 2024? Click to practice:
- Q&A for Verbal Ability
- Q&A for Quantitative Aptitude
- Q&A for Data Interpretation and Logical Reasoning
Read More About CAT Mock Tests:
Top IIM Colleges in India: Fees, Admission, Seat Intake, Eligibility, Entrance Exams
Among the top 10 IIM colleges in India. Candidates can check the list of top IIM India with their total tuition fees in the table below:
| Top IIMs in India |
Total Tuition Fee/Seat Intake |
Entrance Exam/Eligibility |
|---|---|---|
| INR 25 lakh Seats: 50 |
Entrance Exam: CAT Graduation with 50% aggregate |
|
| IIM Bangalore Admission | INR 25 lakh Seats: 635 |
Entrance Exam: CAT Graduation with 50% aggregate |
| IIM Kozhikode Admission | INR 21 lakh |
Entrance Exam: CAT Graduation with 50-60% aggregate |
| IIM Calcutta Admission | INR 25 lakh Seats: 65 |
Entrance Exam: CAT Graduation with 50-60% aggregate |
| IIM Mumbai Admission | INR 14 lakh | Entrance Exam: CAT Graduation with 50% aggregate |
Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.
READ MORE: MBA Admission 2024
State-wise Top IIM Colleges in India
The table below shows the state-wise distribution of top IIM colleges in India along with their number and names colleges:
| States | Number/Names of Colleges |
|---|---|
| Bangalore | 1 (IIM Bangalore) |
| Delhi/NCR | 1 (IIM Rohtak) |
| Kolkata | 1 (IIM Calcutta) |
| Karnataka | 1 (IIM Bangalore) |
| Kerala | 1 (IIM Kozhikode) |
Top IIM Colleges in India: Fees vs Salary
Return on Investment, also known as ROI, is the amount of money that students receive as a placement offer in exchange for paying a significant amount of money to attend a college to pursue a degree of study. When it's difficult to choose between two institutions that made the shortlist, the ROI factor is useful.
The top 10 IIM colleges in India with the total tuition fee and annual average package are tabulated below:
| College Names |
Total Tuition Fee |
Annual Average Package |
|---|---|---|
| INR 25 lakh |
INR 32 LPA |
|
| IIM Bangalore MBA | INR 25 lakh | INR 33 LPA |
| IIM Kozhikode MBA | INR 21 lakh | INR 27 LPA |
| IIM Kolkata MBA | INR 25 lakh | INR 31 LPA |
| IIM Mumbai MBA | INR 14 lakh | INR 28 LPA |
| IIM Rohtak MBA | INR 18 lakh | INR 18 LPA |
Disclaimer: The above statistics are based on the latest available data.
Read More About MBA colleges in other locations:
- Top MBA Colleges in Delhi/NCR
- Top MBA Colleges in Karnataka
- Top MBA Colleges in Maharashtra
- Top MBA Colleges in Uttar Pradesh
Highest Salary Offered by Top IIMs in India
IIM placements process sees all the top MNCs and indigenous companies visiting the campus to hire MBA graduates. Companies from all sectors such as Manufacturing, IT, BFSI, Consulting, FinTech, Mining, Retail, FMCG, etc. participate in the final placement process of IIMs. Check below the table for top recruiters of top IIM in India along with their annual average package:
| College Names |
Annual Average Package |
Top Recruiters |
|---|---|---|
| INR 32 LPA |
BCG India, Arthur D Little, Bain, Amazon, PwC, etc. |
|
| IIM Bangalore Placements | INR 33 LPA | Accenture, Amazon, Deloitte, Adani, etc. |
| IIM Kozhikode Placements | INR 27 LPA | Essar Group, Accenture, Cognizant, Adani Group, etc. |
| IIM Kolkata Placements | INR 31 LPA | Goldman Sachs, Bain and Co., Accenture Strategy, JP Morgan Chase & Co., etc. |
| IIM Mumbai Placements | INR 28 LPA | Adani Group, Deloitte US, SBI Capital Markets Limited, CRISIL, etc. |
Disclaimer: This information is sourced from the official website/ media reports/ NIRF website and may vary.
Cost of Pursuing MBA at Top IIMs in India
Pursuing MBA from the IIMs is a costly affair. The fees of a full-time MBA course range between INR 10 - INR 25 lakh. IIM Sambalpur has the lowest total course fee of INR 10.50 lakh among the IIM colleges in India and IIM Bangalore has the highest total course fee of INR 24.50 lakh among the IIM colleges in India. Listed below is the fee structure for top IIM colleges in India:
| Fee Range | Names of Colleges |
|---|---|
| INR > 5 lakh | IIM Ahmedabad, IIM Kolkata, IIM Kozhikode, IIM Mumbai, etc. |
Specialisations Offered by Top IIM Colleges in India
In India, the MBA degree is offered in various specialisations. See the table below for a detailed overview of the top specialisations offered by the top IIMs in India:
List of MBA Colleges - CAT Cut Off Percentile Range
More than 1,300 MBA colleges accept the CAT score. From the links below you can know which colleges you are likely to get admission in depending upon your CAT 2023 percentile:
- Colleges Accepting CAT percentile from 60-70
- Colleges Accepting CAT percentile from 70-80
- Colleges Accepting CAT percentile from 80-90
- Colleges Accepting CAT percentile above 85
- Colleges Accepting CAT percentile from 50-60
- Got a Low Score in CAT, Don't Fret You Can Still Get a Good MBA College
Top IIM Colleges in India: Comparison
To check the comparison between the top IIM Colleges in India, click the link below:
IIM Ahmedabad - Indian Institute of Management
IIM Bangalore - Indian Institute of Management
IIM Kozhikode - Indian Institute of Management
IIM Calcutta - Indian Institute of Management
IIM Rohtak - Indian Institute of Management
IIM Raipur - Indian Institute of Management
IIM Kashipur - Indian Institute of Management
IIM Visakhapatnam - Indian Institute of Management
IIM Trichy - Indian Institute of Management
IIM Nagpur - Indian Institute of Management
IIM Bodh Gaya - Indian Institute of Management
IIM Jammu - Indian Institute of Management
IIM Amritsar - Indian Institute of Management
IIM Sambalpur - Indian Institute of Management
IIM Sirmaur - Indian Institute of Management
Other popular colleges in India
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Top IIMs Colleges in India FAQs
Q: How many IIM colleges are there in India?
A: There are a total of 21 top IIMs in India. Out of which, 10 top IIMs are owned by the public/government organisations. The Indian Institute of Management (IIM) is the top-ranked MBA college in India. IIM Ahmedabad, IIM Bangalore, and IIM Kozhikode are some of the top-ranked IIMs in India. CAT is the most accepting entrance exam in top IIMs in India.
Q: Which is the No 1 IIM in India?
A: Given below is the list of IIMs, their year of establishment and all India NIRF MBA ranking 2024. While IIM Ahmedabad and IIM Calcutta are the oldest among all IIM colleges in India, the youngest one is IIM Jammu. IIM Ahmedabad is considered the best IIM in India because it has been ranking at the top for several years now and boasts of creme alumni. Here is the table indicating latest IIM rankings by MHRD-NIRF. Some of them are mentioned below along with their NIRF IIM rankings of 2024:
| College Name | NIRF 2022 | NIRF 2023 | NIRF 2024 |
|---|---|---|---|
| Indian Institute of Management, (IIM) Ahmedabad | 1 | 1 | 1 |
| Indian Institute of Management, (IIM) Bangalore | 2 | 2 | 2 |
| Indian Institute of Management, (IIM) Kozhikode | 5 | 3 | 3 |
| Indian Institute of Management, (IIM) Calcutta | 3 | 4 | 5 |
| IIM Mumbai (formerly known as NITIE) | 9 | 7 | 6 |
| Indian Institute of Management, (IIM) Lucknow | 6 | 6 | 7 |
| Indian Institute of Management, (IIM) Indore | 7 | 8 | 8 |
Q: Which are the top companies that participate in the placement process of IIMs?
A: Some of the top recruiters in IIM placements are Accenture Strategy, McKinsey & Company, Bain & Company, BCG, Goldman Sachs, Gartner, Kearney, Uber, FinIQ, Avendus, JP Morgan Chase & Co., Gaja Capital, Optum, Paytm, Udaan, ICICI Bank, Credit Suisse, Samsung, Flipkart, Microsoft, Adani, Vedanta, Amazon, Aditya Birla Group, FIITJEE, Kotak, KPMG, Deloitte, Bajaj, Couldtail, CITI, Infosys, IBM, Google, Ambit, Hinduja, MasterCard, etc.
Q: What is the fee structure of top IIM colleges in India?
A: The average MBA fees of top IIMs in India range between INR 10 lakh - INR 25 lakh. IIM Sambalpur has the lowest total course fee of INR 11 lakh among the IIM colleges in India and IIM Bangalore has the highest total course fee of INR 24.50 lakh among the IIM colleges in India. Listed below is the fee structure for top IIM colleges in India:
| Fee Range | Names of Colleges |
|---|---|
| INR > 5 lakh | IIM Ahmedabad, IIM Raipur, IIM Udaipur, etc. |
Q: What are the eligibility and admission criteria for admission to top IIMs in India?
A: The eligibility criteria for IIMs vary as per the course. However, here we’ve mentioned the basic eligibility criteria for IIM MBA/PGP courses:
- The basic IIM eligibility criteria are graduation with minimum 50 percent aggregate marks or equivalent CGPA (45 percent for SC, ST, and PWD/DA categories)
- Candidates appearing for the final year of the bachelor's degree/equivalent qualification exam or awaiting their results are also eligible to apply
Q: What are the different MBA specialisations offered by the best IIMs in India?
A: Listed below are the top specialisations offered by best IIM in India along with their number of colleges:
| Top Specialisations | Number of Colleges |
|---|---|
| Finance | 2 |
| Human Resources | 2 |
| Operations | 2 |
| Sales & Marketing | 2 |
| IT & Systems | 2 |
Q: What does baby IIMs mean?
A: Baby IIMs refer to the newly established IIMs, which include IIM Nagpur, IIM Visakhapatnam, IIM Amritsar, IIM Bodhgaya, IIM Sirmaur, IIM Sambalpur and IIM Jammu. These IIMs have been established after 2010 and offer very few courses apart from the PGP.
Q: What are the top 5 IIMs in India?
A: All the 21 IIMs provide good campus placements to the students with top companies participating in the process. However, some offer better annual median packages than others. The top 5 IIMs in India based on NIRF IIM rankings of 2024 are:
Q: Are there any entrance exams for admission to management courses offered by the IIMs?
A: Yes, there are entrance exams for admission to management courses offered by the Indian Institutes of Management (IIMs) in India. The most common entrance exam conducted by the IIMs is the Common Admission Test (CAT). CAT is a computer-based test conducted annually and is a prerequisite for admission to the various postgraduate management programs offered by the IIMs. Listed below are the entrance exams along with their number of colleges:
| Exams | Number of Colleges | Cutoff 2024 Predictor |
|---|---|---|
| CAT | 9 | CAT 2024 Predictor |
Q: Which IIM has highest placement?
A: Listed below are the top IIMs in India along with their annual average package:
|
College Name |
Annual Average Package |
|---|---|
|
INR 32 LPA |
|
|
INR 20 LPA |
|
| IIM Visakhapatnam MBA | INR 15 LPA |
| IIM Amritsar MBA | INR 16 LPA |
|
INR 17 LPA |
|
| IIM Bodhgaya MBA |
INR 12 LPA |
| IIM Sambalpur MBA | INR 12 LPA |
Q: Which IIM ranks top for MBA?
A: IIM Ahmedabad has consistently been recognised as one of the premier business schools in India and has often been ranked at the top among the Indian Institutes of Management (IIMs). It is renowned for its rigorous academic programmes, distinguished faculty, and strong industry connections. IIM Ahmedabad offers a two-year full-time Post Graduate Program in Management (PGP), which is equivalent to an MBA.
Q: Which are the best IIM colleges in India for MBA?
A: The table below shows the top IIM colleges in India along with their total tuition fee and seat intake:
|
Top IIMs in India |
Total Tuition Fee/Seat Intake |
|---|---|
|
INR 25 lakh Seats: 50 |
|
| IIM Bangalore Admission |
INR 25 lakh Seats: 635 |
| IIM Kozhikode Admission |
INR 21 lakh |
| IIM Calcutta Admission |
INR 25 lakh Seats: 65 |
| IIM Mumbai Admission | INR 14 lakh |
Q: What is the rankings and fees of all IIMs in India?
A: The table below shows the top IIM colleges in India along with their NIRF ranking (2024) and total tuition fee:
|
College Name |
NIRF Ranking (2024) |
Total Tuition Fee |
|---|---|---|
| 1 |
INR 25 lakh |
|
| IIM Udaipur Admission | 22 |
INR 19 lakh |
| IIM Ranchi Admission | 17 | INR 4 lakh |
| IIM Jammu Admission | 42 |
INR 11 lakh |
| 14 |
INR 14 lakh |
Q: What are the qualifying CAT cutoffs for all the IIMs?
A: Qualifying CAT cut off percentiles of Iims for Written Ability Test (What) and Personal Interview PI for the batch of 2024-25 are listed below. Candidates who MET the qualifying CAT cut off, were eligible for What-PI round. These qualifying CAT cut offs are for General Category. The cut offs for Reserved category students are lower:
1. IIM Ahmedabad: 85 percentile
2. IIM Bangalore: 85 percentile
3. IIM Calcutta: 85 percentile
4. IIM Lucknow: 90 percentile
5. IIM Kozhikode: 85 percentile
6. IIM Indore: 90 percentile
7. IIM Udaipur: 93 percentile
8. IIM Shillong: 75 percentile
9. IIM Trichy: 93 percentile
10. IIM Visakhapatnam: 80 percentile
11. IIM Rohtak: 95 percentile
12. IIM Nagpur: 85 percentile
13. IIM Jammu: 93 percentile
14. IIM Ranchi: 90 percentile
15. IIM Sirmaur: 92 percentile
16. IIM Bodhgaya: 93 percentile
17. IIM Sambalpur: 93 percentile
18. IIM Kashipur: 94 percentile
19. IIM Raipur: 93 percentile
20. IIM Amritsar: 90 percentile
For complete details of IIM selection and admission process read this article: https://www.shiksha.com/mba/articles/iim-shortlist-selection-admission-criteria-blogId-18787.
Q: Which is the most popular course at IIMs?
A: The most popular course of the Indian Institute of Management is the two-year full time MBA/PGP. About 2 lakh candidates including fresh graduates as well as working professionals apply for it every year. Admission to this course is done through CAT.
Q: Can I join IIMs after class 12?
A: Yes, IIM Indore and IIM Rohtak offer 5-year Integrated BBA+MBA programme which students can join after Class 12. For admission, they need to appear for entrance tests IPMAT and IPM Aptitude Test and subsequent admission rounds. IIM Jammu, IIM Ranchi and IIM Bodh Gaya have introduced IPM from this academic year. Admission is done through JIPMAT.
Q: Do IIMs offer scholarships?
A: Yes, the IIMs offer merit based and category based scholarships to candidates at various levels. Deserving candidates can apply for scholarship at the time of admission or after completing the first semester.