List of Top IIMs in India 2024: Check Rankings, Courses, Fees, Placement Details

Updated On: December 20, 2024 10:42 AM | CAT

The top IIMs in India include IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, and IIM Lucknow. These prestigious institutions are world-famous for management education, infrastructure, and placements. Let’s explore the list of top IIMs in India 2024 along with their ranking list and more.

Table of Contents

Top IIMs in India 2024 Highlights
List of IIM Colleges in India 2024 Based on NIRF …
Top IIM Colleges in India Based on FT Global Rankings …
Course Fees, Seats & Placements at Top IIMs in India …
ROI of Top IIMs in India 2024
Which is the Best IIM in India?
IIM MBA Eligibility Criteria
IIM Admission Process
Faqs

The top IIMs in India are IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, and IIM Lucknow. Currently, there are a total of 21 IIMs in India, each having its benefits. From a higher return on investment (ROI) to excellent faculty and from impressive infrastructure to exceptional placement offers, IIMs have so much to offer. However, getting admission here requires one to put in his blood, sweat, and tears. Not only do they have to score 99-100 percentile in the CAT exam, but also go through a rigorous selection process. If you are an MBA aspirant targeting these institutes, explore the list of best IIMs in India along with the IIM rankings, courses offered, fees, placements, and much more!

Also Read : CAT Score vs Percentile 2024

Top IIMs in India 2024 Highlights

Let us first glance through an overview of the best IIM colleges in India :

The IIM colleges in India have been at the forefront of management education in India for decades. Before we move on to more detailed information about them, let's take a look at the major highlights below:
There are 21 IIM campuses in India, with IIM Mumbai being the most recent addition to the list.
According to the NIRF-MHRD ranking, 7 of the 21 IIMs are among the top 10 list of best management institutes.
IIM Ahmedabad, IIM Calcutta, and IIM Bangalore are considered to be among the top 50 management institutes worldwide.
Apart from full-time PGP courses, the IIM colleges in India also offer Executive, certificate, and part-time management courses.
For admission to PGP courses at IIMs in India, the CAT exam is conducted yearly by one of the IIMs on a rotational basis.
The diversity of courses offered by IIMs in areas such as Agribusiness, Information Technology, Human Resources, and Healthcare Management, reflects their commitment to evolving with the changing business landscape.
IIMs significantly impact the Indian economy by creating leaders who possess a deep understanding of the Indian market and a global perspective.

Also Read:

Total Seats in IIMs	MBA Scholarships Offered by IIMs

List of IIM Colleges in India 2024 Based on NIRF Ranking

At present, there are 21 total IIMs in India that are functional. Each IIM offers a variety of courses to students and follows a rigorous admission process. Check the IIM ranking list based on NIRF Ranking (Management Category) 2024, 2023, and 2022.

IIM in India	Year of Est.	NIRF Ranking 2024	NIRF Ranking 2023	NIRF Ranking 2022
IIM Ahmedabad	1961	1	1	1
IIM Bangalore	1973	2	2	2
IIM Kozhikode	1996	3	3	5
IIM Calcutta	1961	5	4	3
IIM Mumbai	1963	6	7	9
IIM Lucknow	1984	7	6	6
IIM Indore	1996	8	8	7
IIM Rohtak	2010	12	12	16
IIM Raipur	2010	14	11	14
IIM Ranchi	2010	17	24	15
IIM Udaipur	2011	22	16	22
IIM Kashipur	2011	23	19	23
IIM Shillong	2007	24	26	26
IIM Vishakhapatnam	2015	26	29	33
IIM Trichy	2011	27	22	18
IIM Nagpur	2015	31	43	43
IIM Bodh Gaya	2015	33	53	73
IIM Jammu	2016	42	41	36
IIM Amritsar	2015	47	51	55
IIM Sambalpur	2015	50	58	66
IIM Sirmaur	2015	85	98	69

People Also Ask

Que: Which are the top 10 IIM colleges in India?

Ans: The top 10 IIM colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, IIM Mumbai, IIM Rohtak, IIM Raipur and IIM Kashipur. These IIM colleges have been ranked as the top colleges by NIRF for the last few years and have consistently provided the best management education to aspirants and the most lucrative placement opportunities.

Also Read : IIM CAT Cutoff 2024

Top IIM Colleges in India Based on FT Global Rankings 2024

The Financial Times Global MBA Rankings are a highly respected and widely accepted standard for assessing the quality and influence of MBA programs worldwide. These rankings provide an in-depth analysis of the top business schools worldwide, based on various criteria such as research output, career progress, and diversity. Check out the list of top IIMs in India featured on the Financial Times Global MBA Ranking 2024.

Name of the IIM	India Rank	Global Rank
IIM Ahmedabad	2	41
IIM Bangalore	3	47
IIM Calcutta	4	67
IIM Lucknow	5	85

Also Read : Tier 1 Colleges in India 2024

Course Fees, Seats & Placements at Top IIMs in India 2024

IIM full form is the Indian Institute of Management, the most renowned chain of institutes for management in India. Aspirants who want to pursue an MBA/PGP program can find the IIM rankings along with their seat intake, course fees, and placement statistics below.

IIM Ahmedabad

Course	Seats	Course Fees	Placement
PGP in Management	385	INR 25 Lakh	Highest CTC: INR 61.48 (Domestic) / INR 1.15 Cr (International) Average CTC: IINR 32.79 LPA

IIM Bangalore

Course	Seats	Course Fees	Placement
Post Graduate Programme (PGP) Post Graduate Programme in Public Policy & Management (PGPPM) Post Graduate Programme in Enterprise Management (PGPEM)	565	INR 24.50 Lakh	Highest CTC: INR 80 LPA Average CTC: INR 35.31 LPA

IIM Calcutta

Course	Seats	Course Fees	Placement
Post Graduate Diploma in Management (PGP-PGDM)	462	INR 27 Lakh	Highest CTC: INR 1.15 CPA Average CTC: INR 35.07 LPA

IIM Kozhikode

Course	Seats	Course Fees	Placement
Post Graduate Programme (PGP) Management Development Programme (MDP) Faculty Development Programme (FDP)	525	INR 20.50 Lakh	Highest CTC: INR 67.00 LPA Average CTC: INR 31.02 LPA

IIM Indore

Course	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP) Integrated Programme in Management (IPM) Post Graduate Programme in Human Resource Management (PGP-HRM)	450+150	INR 21.14 Lakh	Highest CTC: INR 1.14 LPA Average CTC: INR 30.21 LPA

IIM Lucknow

Courses	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP) PGP in Sustainable Management PGP in Agribusiness Management	490	INR 20.70 Lakh	Highest CTC INR 65 LPA (Domestic)/INR 1 CPA (International) Average CTC INR 32.2 LPA

IIM Trichy

Courses	Seats	Course Fees	Placement
Postgraduate Programme in Management (PGPM) Post Graduate Programme in Business Management (PGPBM)	210	INR 21 Lakh	Highest CTC: INR 22 LPA Average CTC: INR 15.82 LPA

IIM Udaipur

Courses	Seats	Course Fees	Placement
Post Graduate Programme (PGP) Entrepreneurs Post Graduate Programme (PGP)	150	INR 19.00 Lakh	Highest CTC: INR 32.21 LPA Average CTC: INR 21.29 LPA

Courses

Seats

Course Fees

Placement

Post Graduate Programme (PGP)
Entrepreneurs Post Graduate Programme (PGP)

150

INR 19.00 Lakh

Highest CTC: INR 32.21 LPA

Average CTC: INR 21.29 LPA

IIM Ranchi

Courses	Seats	Course Fees	Placement
Post Graduate Diploma in Management Post Graduate Diploma in Human Resource Management Post Graduate Programme in Enterprise Management Integrated Programme in Management	210+150	INR 17.50 Lakh	Highest Package: INR 67.00 LPA Average Package: INR 17.30 LPA

IIM Shillong

Courses	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP)	180	INR 17.50 Lakh	Highest CTC: INR 71.30 LPA Average CTC: INR 26.96 LPA

Courses

Seats

Course Fees

Placement

Post Graduate Programme in Management (PGP)

180

INR 17.50 Lakh

Highest CTC: INR 71.30 LPA

Average CTC: INR 26.96 LPA

IIM Rohtak

Courses	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP) Integrated Programme in Management (IPM)	240+60	INR 17.60 Lakh	Highest CTC: INR 36 LPA Average CTC: INR 18.73 LPA

Courses

Seats

Course Fees

Placement

Post Graduate Programme in Management (PGP)
Integrated Programme in Management (IPM)

240+60

INR 17.60 Lakh

Highest CTC: INR 36 LPA

Average CTC: INR 18.73 LPA

IIM Bodh Gaya

Courses	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP) Integrated Programme in Management (IPM)	120	INR 15.50 Lakh	Highest CTC: INR 30.50 LPA Average CTC: INR 15.92 LPA

IIM Kashipur

Courses	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP)	210	INR 17.30 Lakh	Highest CTC: INR 37 LPA Average CTC: INR 18.1 LPA

Courses

Seats

Course Fees

Placement

Post Graduate Programme in Management (PGP)

210

INR 17.30 Lakh

Highest CTC: INR 37 LPA

Average CTC: INR 18.1 LPA

IIM Amritsar

Courses	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP)	240	INR 16.00 Lakh	Highest CTC: INR 36.25 LPA Average CTC: INR 16.51 LPA

IIM Visakhapatnam

Courses	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP)	120	INR 17.58 Lakh	Highest CTC: INR 32.65 LPA Average CTC: INR 16.61 LPA

IIM Raipur

Courses	Seats	Course Fees	Placement
Post Graduate Programme (PGP)	210	INR 16.10 Lakh	Highest CTC: INR 67.60 LPA Average CTC: INR 21.04 LPA

IIM Nagpur

Courses	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP)	240	INR 18 lakh	Highest CTC: INR 64.00 LPA Average CTC: INR 16.74 LPA

Courses

Seats

Course Fees

Placement

Post Graduate Programme in Management (PGP)

240

INR 18 lakh

Highest CTC: INR 64.00 LPA

Average CTC: INR 16.74 LPA

IIM Jammu

Courses	Seats	Course Fees	Placement
Post Graduate Diploma Programme (PGDP) Integrated Programme in Management (IPM)	120	INR 17.15 Lakh	Highest CTC: INR 64 LPA Average CTC: INR 16.50 LPA

IIM Sambalpur

Courses	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP)	120	INR 13.08 Lakh	Highest CTC: INR 64.61 LPA Average CTC: INR 16.63 LPA

IIM Sirmaur

Courses	Seats	Course Fees	Placement
Post Graduate Programme in Management (PGP in Management)	170	INR 15.75 Lakh	Highest CTC: INR 64.12 LPA Average CTC: INR 14.45 LPA

IIM Mumbai

Courses	Seats	Course Fees	Placement
Master of Business Administration (MBA)	550	INR 14.64 Lakh	Highest CTC: INR 49 LPA Average CTC: INR 25.40 LPA

ROI of Top IIMs in India 2024

The ROI of top IIMs is considered high due to their prestigious reputation, high placement rates, and substantial salary packages post-graduation. Students often recover their investment within a few years, justifying the initial cost of attendance. Check out the return on investment of the top IIMs provided in the table below.

Top MBA Colleges in India	Average Annual Fee 2024-26 (in INR)	Average Placement Package 2024 (in INR)
IIM Bangalore	24,50,000	35,92,000
IIM Calcutta	27,00,000	35,07,000
IIM Ahmedabad	25,00,000	NA
IIM Kozhikode	20,50,000	28,05,000
IIM Lucknow	20,70,000	30,00,000
IIM Indore	21,17,158	25,68,000

Which is the Best IIM in India?

All of the top IIMs in India are excellent institutes for pursuing management studies. However, if candidates wish to know which is the best IIM, they will also have to know that this is a subjective question since everyone’s opinion is different. For instance, IIM Calcutta is considered the best because of its top-class alumni network, its credibility, etc. However, as per the IIM ranking list, IIM Ahmedabad has always been the top-ranked IIM and also the top-ranked management institute in India. IIM Ahmedabad, along with IIM Calcutta and IIM Bangalore, are the only triple-accredited management institutes ranked among the top MBA colleges in the world.

IIM MBA Eligibility Criteria

IIMs are among the top-rated business schools in the country, offering a range of management programs to aspiring students. However, the eligibility criteria for admission to IIMs vary depending on the course you wish to apply for. Here are the basic requirements for admission to IIM MBA/PGP courses:

You must hold a bachelor's degree in any stream from a recognized university. The degree should be of a minimum of three years' duration. If you have completed a professional degree like CA/ICWA/CS, you can also apply for the MBA program.
You must have obtained a minimum of 50% aggregate marks or equivalent CGPA in your graduation. However, if you belong to the SC, ST, or PwD/DA categories, you can apply with a minimum of 45% aggregate marks.
If you are in the final year of your bachelor's degree/equivalent qualification exam or awaiting your results, you are also eligible to apply for IIM MBA admission through the CAT exam.

It is essential to note that meeting these eligibility criteria does not guarantee admission to IIMs. You must also clear the CAT exam conducted by the IIMs to be considered for admission. The CAT exam assesses your aptitude and problem-solving skills and consists of three sections - Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude.

Also Read: IIM Selection Criteria 2025-27

IIM Admission Process

The Indian Institutes of Management have an elaborate admission process to select candidates for their flagship management programs every year. The IIM admission process is conducted through the CAT exam which is conducted by one of the IIMs every year on a rotational basis. Take a look at the IIM admissions process explained in detail below.

Applying & Qualifying for CAT: The first step in the IIM admission process is applying for the CAT exam and performing well enough to meet the required CAT cutoff for the next round of the IIM admission process.
Appearing for GD/PI/WAT Rounds: Candidates who meet the CAT cutoff will be called for Group Discussions, Personal Interviews, and Written Ability Tests based on their CAT score, academic record, work experience (if applicable), etc.
Final Selection Based on Composite Score: The final selection of candidates is based on a final composite score. The factors taken into consideration for the final composite score calculation are:

Composite Score Parameters	Weightage
CAT Scores	25%
Group Discussion (GD)/ Personal Interview (PI)	30%
Written Ability Test (WAT)	10%
Class 10 Academic Records	10%
Class 12 Marks Academic Records	5%
Graduation Academic Records	10%
Weighted Work Experience	10%
Total	100%

Also Read: Distance MBA from IIMs

Not all courses offered at top IIMs in India are for regular graduates. Many IIMs out of the total IIMs in India also offer part-time courses catered to working individuals who wish to add an IIM degree to their portfolio but can’t afford to quit their jobs in pursuit of a managerial degree.

So, if you are keen to make it to the IIM colleges in India, a six-month preparation time for CAT is ideal. Not only will you have to clear the CAT exam with a good percentile, but you will also need to excel in the other stages of admissions based on the CAT exam at the Indian Institutes of Management.

Related Links:

IIM Placements 2024	MBA from IIMs Without CAT Exam 2024
IIM Bangalore CAT Cutoff 2024	IIM Udaipur CAT Cutoff 2024
IIM Rohtak CAT Cutoff 2024	IIM Lucknow CAT Cutoff 2024
IIM Calcutta CAT Cutoff 2024	IIM Kozhikode CAT Cutoff 2024

If you have any queries regarding admissions and entrance exams, you can post your questions on the Q&A Section . For admission-related assistance, fill out our Common Application Form . Stay tuned with us for more updates related to MBA colleges and admission in India!

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FAQs

Which IIM is ranked first?

IIM Ahmedabad is ranked first in India and is considered the best business of the country. It is known for academic excellence, its rigorous academic curriculum, world-class faculty that include scholars and industry experts, and their innovative teaching methods. IIMA is also recognized for its high placement rates [Highest CTC: INR 61.48 (Domestic) / INR 1.15 Cr (International)].

Which are the top 5 IIMs?

The top 5 IIMs as per NIRF ranking 2023 are:

IIM Ahmedabad
IIM Bangalore
IIM Kozhikode
IIM Calcutta, and
IIM Lucknow.

Which is the worst IIM in India?

The worst IIM in India based on NIRF ranking 2023 is IIM Sirmaur. IIM Sirmaur was ranked 98th by NIRF among management institutes across India. Although IIM Sirmaur ranks very low among other B-schools, it is still a good place to pursue an MBA degree in comparison to other Tier 2 or Tier 3 colleges.

Which are the oldest IIM colleges in India?

The oldest IIM colleges in India include IIM Calcutta, IIM Ahmedabad, IIM Bangalore, IIM Lucknow, IIM Kozhikode, and IIM Indore. All these institutions were set up before the beginning of the 21st century. The latest establishment was IIM Indore in 1996, while the earliest were IIM Calcutta and IIM Ahemdabad in 1961.

Is IIM better than IIT?

Yes, IIMs are better than IITs in terms of management education. Both IIMs and IITs are top tier colleges in their own right, however, the Indian Institutes of Management are Tier-1 colleges that provide flagship management programs to aspirants. Colleges like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta are renowned for their quality of education not just in India but across the world.

What is the placement percentage of IIMs?

The placement percentage of IIMs is nearly 100%. The institutes offer postgraduate courses in the management field and each of these courses are highly qualified. The structure of these courses is so advanced that each of the enrolled students manages to land employment before graduating with a degree. The placements programme of the institutes commences at least six months before the final semester.

What is the average salary of graduates of IIMs in India?

The average salary of graduates of IIMs in India ranges from INR 20-25 lakh per year, while the newer IIMs offer packages between INR 10-20 lakh per year. The highest salary offers at the top IIMs - A, B, C - have been recorded at INR 70 lakh to INR 1 crore as CTC. International salary packages of INR 70 lakh per year and above are also offered.

What is the MBA fee at IIMs in India?

The MBA fee at IIMs in India ranges between INR 16 Lakh and INR 32 Lakh. The most prestigious IIMs charge the highest fees, ranging from INR 24 Lakhs to INR 22 Lakhs. However, newly opened institutes charge lower fees, ranging from INR 16 Lakhs to INR 19 Lakhs.

Can I get into IIM with poor academics?

Yes, candidates with poor academic records also have a fair chance of securing admission into IIMs. Many aspirants wish to know how to get admission into IIM with weak academics, the answer to that is compensating for weak academic credentials with other areas. If a candidate has not performed well in their Class 10, 12, or Bachelor’s degree course, they must make up for the same with extracurricular activities, skills, achievements, etc. in order to secure admission to IIMs.

Is it hard to get into IIMs?

Yes, it is hard to get into IIMs and pursue the flagship programs in management offered by the institutes. Due to the enormous demand for admission at IIMs, the standard that aspirants must meet to be selected for admission is sky-high at IIMs. It is not uncommon for many students to feel stressed under the admission requirements for IIMs. The institutes only accept the cream of the nation, while ensuring their endurance towards educational excellence.

Which IIM has the lowest fees?

Out of all the 21 IIMs, IIM Sambalpur has the lowest course fees for its PGP management program. The total course fees for IIM Sambalpur is INR 13.04 lakhs. Typically, the IIM MBA course fees range from 17 lakhs to 20 lakhs for other campuses. Aspirants must however check the official website of all the IIMs to check any changes in the Course fee structure before applying for admission.

Which IIM is the toughest?

The toughest IIM to secure admission at is IIM Ahmedabad, followed by IIM Calcutta then Bangalore and Lucknow. Since IIM Ahmedabad is widely considered the best management institute in India and has been ranked number one among B-schools, the level of competition for admission at IIM Ahmedabad is tremendous. This has led to the selection process for IIM Ahmedabad’s PGP course becoming extremely tough to only let the best candidates pursue their management courses.

What courses are available at top IIMs in India?

The courses available at top IIMs in India are MBA/PGP, EPGP, IPM, PGPX, FPM, etc. They offer postgraduate courses in both full-time and part-time formats. Apart from MBA programmes, the institutes also offer varying diploma and exchange programmes to ensure proper benefit to the students enrolling with the institutes.

What are baby IIMs?

Baby IIMs are IIM colleges that are relatively newer as compared to other IIM campuses which have been offering top-notch management education for quite a long time. The baby IIMs include IIM Amritsar, IIM Bodh Gaya, IIM Kashipur, IIM Trichy, IIM Nagpur, IIM Sambalpur, IIM Sirmaur, IIM Visakhapatnam and IIM Jammu. The admission process for baby IIMs is also different from other IIMs since baby IIMs participate in the Common Admission Process.

Are IIMs public or private?

The IIMs are public institutions under the control of the central government of India. The Ministry of Education is the governing department of these institutes. While the administrative decisions of each of the institutes have been left to themselves, the overall structure and functioning cannot falter or abhor the department’s design.

What are the top three IIMs in India?

The top three IIMs in India are IIM Ahmedabad, IIM Bangalore, and IIM Kozhikode. The three institutes have been ranked by the NIRF 2023 as the top three IIM colleges in India. IIM Ahmedabad has been ranked as the best IIM in India, followed by Bangalore and Kozhikode.

How many total IIMs are in India?

There are a total of 21 IIMs in India - IIM Bangalore, IIM Calcutta, IIM Ahmedabad, IIM Mumbai, IIM Indore, IIM Kozhikode, IIM Lucknow, IIM Shillong, IIM Ranchi, IIM Udaipur, IIM Kashipur, IIM Amritsar, IIM Bodh Gaya, IIM Jammu, IIM Visakhapatnam, IIM Tiruchirapalli, IIM Rohtak, IIM Nagpur, IIM Sambalpur, IIM Raipur, and IIM Sirmaur.

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-Sumukhi DiwanUpdated on December 20, 2024 09:32 PM

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Anmol Sharma, Student / Alumni

LPU offers a diverse range of online undergraduate (UG) and postgraduate (PG) programs, including MBA and MCA, all of which are UGC entitled and AICTE approved, ensuring quality education at an affordable price. The courses are designed to provide industry exposure and placement support, enhancing students' employability. Admission is straightforward, requiring only a UG degree with a minimum of 50% marks for MBA candidates, with no entrance exams necessary. Prospective students can easily apply online for various diploma, graduation, and post-graduation programs, with admissions currently open for 2024. LPU's online courses present an excellent opportunity for flexible learning and career …

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RAJNI, Student / Alumni

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2 Answers

RAJNI, Student / Alumni

In the MBA program at Lovely Professional University (LPU)Students have option to specialize in various domains to enhance their skills and Knowledge in specific areas of Business management. General MBA Dual Specialization offered in MBA Finance, Marketing, Human Resource Management, International Business, Operation Management. These specialization allows students to tailor their MBA to their career goals, whether they are interested in finance ,marketing, human resource ,technology or other domains. LPU also offers a flexible dual specialization option ,giving students the chance to diversify their knowledge and skills to meet the demands of dynamic business environment.