Top IIMs in India 2024: Best Indian Institutes of Management

There are 21 IIMs in India. Indian Institute of Management (IIM) is a leading MBA college in India that ensures a successful career. View the list of IIMs in India here and read all about the institutes, including the latest IIM rankings, courses, entrance fees, seat numbers for all campuses and the newly added IIM Mumbai.

If you want to study for an MBA from one of the best B-schools in India, you should aspire to one of the Indian Institutes of Management (IIMs). IIMs are the top and best B-schools in India offering advanced management programs like MBA, PGP, Executive MBA, MBA for working professionals, PhD and FPM. Admission to the MBA/PGP program of IIMs is based on the Common Admission Test (CAT) conducted by the institution. Some Executive MBA courses accept GMAT scores for both domestic and international applicants. Check out the list of IIMs in India below and read all about them institutionally. Those preparing for CAT 2024 must also know everything about IIMs to target their desired institute.

Full Form of IIM

The full form of IIM is the Indian Institute of Management. IIMs are management institutes that focus on training young people in business management and research. Established in 1984, the institute has helped shape millions of lives by providing quality education to students and helping them shape their careers. IIMs have multiple campuses across the country; they are located in Kolkata, Lucknow, Ahmedabad, Bangalore and many more. 

IIMs in India

IIMs in India are India's top management institutions in several rankings and surveys (NIRF, India Today, Business Today, Financial Times). They have also been declared as National Institutions by the Government of India. 21 IIMs in India offer various MBA, PGP, PGDM, Executive MBA and fellowship programs (IIM Mumbai recently added). The top three IIMs are the oldest campuses IIM Ahmedabad and IIM Calcutta were established in 1961. IIM Bangalore was established 12 years later in 1973. Fourteen IIMs were established between 2008 and 2016. The latest addition to the IIM cluster at IIM Mumbai (formerly NITIE Mumbai). In 2023, NITIE was renamed as IIM Mumbai.

IIMs in India: Highlights

For MBA candidates who want to pursue a management course at one of these institutions, here is an overview of each IIM in India, including the fee structure and the number of seats available. But first, check the main highlights of IIMs and their ranking:

1. IIMs are located across the country and are the best in terms of pedagogy, faculty, infrastructure and training.
2. These colleges are also known for high-paying internship opportunities in both corporate and public administration.
3. Six out of 21 IIMs, NIRF-MHRD is among the top 10 top management institutes in India.
4. IIM Ahmedabad, IIM Bangalore and IIM Calcutta are among the top 50 management institutes in the world.
5. Admission to PGP/MBA courses offered by IIMs is through the CAT Test, WAT Test, Group Discussion (GD) and Personal Interview (PI).
6. In Executive PGP courses, CAT and GMAT scores are accepted for the selection of candidates for WAT/GD and PI rounds.

List of IIMs in India: All India NIRF MBA Ranking 2024

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 IIMs in India, IIM Jammu is the youngest. IIM Ahmedabad is considered the best IIM in India as it has been at the top for many years and has creamy alumni. Here is the table showing the latest MHRD-NIRF IIM Ranking will announce the 2024 ranking in April 2024:

Programmes Offered by the IIMs in India

The IIMs offer postgraduate, doctoral and executive education programmes, such as:

1. MBA/PGP: The two-year Post Graduate Programme in Management (PGP) is the flagship programme across all IIMs and is considered the equivalent of regular MBA programmes. After the passage of the IIM Act, of 2017, most of the IIMs have started offering Master of Business Administration (MBA). IIMs are the most famous and ranked for this two-year full-time MBA/PGP course. 
2. EPGP: Almost all IIMs offer an Executive Post Graduate Program or EPGP. This course is designed specifically for mid-level professionals with 5-12 years of work experience.
3. IPM: Integrated Program in Management or IPM is a five-year course after 12 years offered by IIM Indore, IIM Rohtak, IIM Ranchi, IIM Bodh Gaya and IIM Jammu. PGPX: Some IIMs also offer a one-year postgraduate program for graduates with work experience. 
4. FPM: Some IIMs offer a Fellow Programme in Management (FPM), a doctoral programme considered to be equivalent to a PhD globally. 
5. Certificate Executive Programmes (Short Duration or Part Time): Most IIMs also offer short-duration executive education/EMBA courses and part-time programmes that offer certificates.
6. Other Unique Programs: Some IIMs also offer unique programs such as IIM Indore's five-year integrated management program and IIM Lucknow's three-year program for business executives.

Which is the 1st IIM in India?

IIM Ahmedabad was the first IIM established in 1961 and the institute ranks first in the NIRF report 2023. Admission to IIM is strictly based on CAT score, previous educational background and work experience. Courses at IIM Ahmedabad include MBA, PGP and Executive MBA.

IIMs in India: Courses, Seats, Fees, and Ranking

Check out the IIMs and their fee structure, programs offered, number of seats and NIRF rank below.

1. IIM Ahmedabad

Indian Institute of Management (IIM), Ahmedabad is the first and one of the best IIMs in India. Founded in 1961, the university is among the best in the world for its various management programs.

2. IIM Bangalore

The Indian Institute of Management (IIM), Bangalore is best known for its flagship Graduate Program in Management (PGP). Worldwide, it has been in the top 50 for several years.

3. IIM Calcutta

Indian Institute of Management (IIM), Calcutta is fourth in the MHRD-NIRF ranking 2023. Established in 1961, IIM Calcutta offers three management courses - full-time, executive level and a fellowship programme.

4. IIM Kozhikode

Founded in 1997, the Indian Institute of Management (IIM) Kozhikode has shown steady growth in its reputation and quality of education over the years, which is why it is ranked third in the MHRD-NIRF 2023 ranking of its best. leaders business schools.

5. IIM Lucknow

Indian Institute of Management (IIM), Lucknow was established in 1984. It offers various PGP, EPGP and Fellow programs and is the first IIM to set up a satellite campus in another city (Noida).

6. IIM Indore

The Indian Institute of Management (IIM), Indore was established in 1996 and quickly gained a reputation as one of the best B-schools in India for its quality education, infrastructure and ROI.

7. IIM Trichy

Indian Institute of Management (IIM), Tiruchirappalli is one of the latest additions to the collection of IIM campuses. Established in 2011, IIM Trichy is ranked 22nd in the MHRD-NIRF 2023 ranking. It currently offers PGPM and FMP programs.

8. IIM Udaipur

Established in 2009, the Indian Institute of Management (IIM) Udaipur is ranked 16th in the 2023 MHRD-NIRF rankings. Besides PGP, the institute offers women-only scholarship programs, management programs and an entrepreneurship program. 

9. IIM Shillong

The Indian Institute of Management (IIM), Shillong, was established in 2008 to provide world-class management education in the northeastern part of the country.

10. IIM Ranchi

The Indian Institute of Management (IIM), Ranchi was established in 2010 under the auspices of IIM Calcutta. It is one of the few IIMs that offer HRM programs. Additionally, IIM Ranchi offers PGDM in General Management, FPM and Management programs. It also offers a 5-year integrated MBA program.

11. IIM Bodh Gaya

Indian Institute of Management (IIM), Bodh Gaya is one of the new IIM campuses. It was founded in 2015. Currently, this institute offers only a PGP program.

12. IIM Rohtak

Indian Institute of Management (IIM), Rohtak was established in 2009. IIM Rohtak started offering various courses within 10 years of its establishment.

13. IIM Amritsar

Founded in 2015 by the Indian Institute of Management (IIM), Amritsar currently offers only PGP programs. Despite being one of the newest campuses, IIM Amritsar has a good reputation among recruiters.

14. IIM Kashipur

The Indian Institute of Management (IIM), Kashipur, was established in 2011 and currently offers the institute's flagship PGP and FPM programs. 

15. IIM Raipur

The Indian Institute of Management (IIM), Raipur was established in 2010 by the Government of India (GOI). Currently, the institute offers PGP, FPM and EFPM.

16. IIM Visakhapatnam

Indian Institute of Management (IIM), Visakhapatnam was established in 2015 and currently offers PGP, PGCEP (Weekend Program for Business Professionals) and FPM.

17. IIM Jammu

The Indian Institute of Management (IIM), Jammu is the latest addition to the IIM group. Established in 2016, the institute currently offers PGP and FPM programs and many open management training programs.

18. IIM Nagpur

Indian Institute of Management (IIM), Nagpur is another recently established campus offering a PGP program. It was founded in 2015.

19. IIM Sirmaur

Indian Institute of Management (IIM), Sirmaur was established in 2015 and is managed by IIM Lucknow. It currently only offers a PGP program.

20. IIM Sambalpur

Indian Institute of Management (IIM), Sambalpur was established in 2015. It currently offers a master's program - PGP Executive and Fellow courses.

21. IIM Mumbai

Formerly NITIE, Indian Institute of Management (IIM), Mumbai is ranked 7th in NIRF 2023 ranking. NITIE was established in 1963 and since then has been producing high-quality management graduates. It offers an MBA, Sustainability Management MBA, MBA (Supply Chain and Management), PGDEX and other global certifications.

IIM Results 2024

The Indian Institute of Management has released the final results on its official website. Educational institutions inform students by email if they are on the extension or waiting list. Check the list of IIMs and their statuses below:

Which IIM has the highest salary in India?

According to the latest IIM placement reports, IIM Ahmedabad offered the highest domestic and international salary package. The highest package at IIM Ahmedabad was around Rs. CPA 1.46 and the average package was Rs. 34 LPA. The international salary package offered at IIM A was around Rs. 1.32 CPA.

Frequently Asked Questions (FAQs)

Ques. What do baby IIMs mean?

Ans. Baby IIMs refer to newly established IIMs, which include IIM Nagpur, IIM Visakhapatnam, IIM Amritsar, IIM Bodhgaya, IIM Sirmaur, IIM Sambalpur, and IIM Jammu. These were established after 2010 and offer very few courses except PGP.

Ques. What are the courses offered by IIMs?

Ans. IIMs offer MBA and PGDM programmes with various specializations as well as PG Diploma in Business Analytics, Executive MBA, FPM, MDP, and various certificate programmes.

Ques. What is IIM CAP?

Ans. IIM CAP refers to a common admission process under which an IIM is entrusted with the responsibility of shortlisting candidates for the WAT-PI round of nine news IIMs. The IIM CAP 2024 is being conducted by IIM Kashipur.

Ques. Which IIMs offer BBA courses?

Ans. IIM Rohtak, IIM Ranchi, IIM Indore, IIM Bodhgaya, and IIM Jammu offer BBA courses as a five-year integrated program (BBA+MBA). Admission to the IPM course is based on entrance exams like JIPMAT and IPMAT.

Ques. What is IIM SAP?

Ans. The supplementary admission process or SAP 2024 is the final exam for MBA admissions 2024 in three infant IIMs namely IIM Bodhgaya, IIM Sirmaur, and IIM Jammu. IIM SAP is conducted for candidates who are not selected in the IIM CAP round.

Ques. How many IIMs are in India?

Ans. There are 21 IIMs in India offering various MBA, PGDM, PGP, Executive MBA, and Fellowship programmes (IIM Mumbai is the latest addition).

Ques. Which is the No. 1 IIM in India?

Ans. The Indian Institute of Management (IIM), Ahmedabad, is the top IIM in India.