Last Updated on July 27, 2024
MBAUniverse.com News Desk
IIMs in India are regarded as top MBA colleges due to strong faculty, good placements and the brand IIM. There are 21 Indian Institutes of Management (IIMs) in India, offering MBA, Executive MBA and other short term management programs. The oldest and most established IIMs are IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode, and Indore (also called BLACKI IIMs). Based on their year of establishment, IIMs are also divided into first generation, second generation and third generation IIMs. The full list of IIMs in India is given in the article below. Government has recently announced IIM Guwahati as the 22nd IIM in India. IIM MBA Admission process is highly competitive and requires a good CAT score. IIM MBA fees ranges from around Rs 15 lakh at the newer IIMs to over Rs 25 lakh at the older IIMs. IIM Average Salary packages also vary significantly with average salaries in Top IIMs ranging from Rs 25 to 35 lakh range, and newer IIMs record average packages between Rs 14–20 lakhs. If you are planning MBA from IIMs, check out the complete list of IIM Colleges in India with admission, courses, seat intake, fees, placements, ranking, cut offs at MBAUniverse.com.
Despite the sharp growth in number of IIMs, the quality of education they impart has not gone down and the demand for old and new IIM students is consistently going up due to this education quality and the IIMs’ rigorous selection process. The companies visiting the IIM campus for placement year after year are increasing and are offering higher placement packages. This is the reason that more and more MBA aspirants are looking for IIM admission despite increase in their fee structure. Read all about IIM in India in this article.
Table of Contents
1. List of IIMs in India
List of IIM Colleges in India is IIM Ahmedabad, IIM Amritsar, IIM Bangalore, IIM Bodh Gaya, IIM Calcutta, IIM Indore, IIM Jammu, IIM Kashipur, IIM Kozhikode, IIM Lucknow, IIM Mumbai, IIM Nagpur, IIM Raipur, IIM Ranchi, IIM Rohtak, IIM Sambalpur, IIM Shillong, IIM Sirmaur, IIM Trichy, IIM Udaipur, and IIM Vishakhapatnam. Check complete details on each IIM in the table below.
Generation | Established In | Institute | MBAUniverse.com 2025 Rank | NIRF 2024 Rank |
1st Generation | 1961 | IIM Ahmedabad | 2 | 1 |
1st Generation | 1961 | IIM Calcutta | 3 | 5 |
1st Generation | 1963 | IIM Mumbai | 8 | 6 |
1st Generation | 1973 | IIM Bangalore | 1 | 2 |
1st Generation | 1984 | IIM Lucknow | 6 | 7 |
1st Generation | 1996 | IIM Indore | 9 | 8 |
1st Generation | 1996 | IIM Kozhikode | 5 | 3 |
1st Generation | 2007 | IIM Shillong | 12 | 24 |
2nd Generation | 2010 | IIM Raipur | 23 | 14 |
2nd Generation | 2010 | IIM Ranchi | 22 | 17 |
2nd Generation | 2010 | IIM Rohtak | NR | 12 |
2nd Generation | 2011 | IIM Kashipur | 25 | 23 |
2nd Generation | 2011 | IIM Tiruchirappalli | 21 | 27 |
2nd Generation | 2011 | IIM Udaipur | 16 | 22 |
3rd Generation | 2015 | IIM Amritsar | 37 | 47 |
3rd Generation | 2015 | IIM Bodh Gaya | 30 | 33 |
3rd Generation | 2015 | IIM Nagpur | 26 | 31 |
3rd Generation | 2015 | IIM Sambalpur | 39 | 50 |
3rd Generation | 2015 | IIM Sirmaur | 42 | 57 |
3rd Generation | 2015 | IIM Visakhapatnam | 32 | 26 |
3rd Generation | 2016 | IIM Jammu | NR | 42 |
- | 1963 (converted to IIM in 2023) | IIM Mumbai | 8 | 6 |
- | 2027 (expected) | IIM Guwahati | - | - |
Based on above table, the top 5 IIMs in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and IIM Kozhikode.
IIM Guwahati to Become India’s 22nd IIM
On August 18, 2025, Union Education Minister Dharmendra Pradhan tabled the Indian Institutes of Management (Amendment) Bill, 2025 in the Lok Sabha to establish IIM Guwahati as an Institute of National Importance. The Bill provides a Rs 555 crore corpus over five years for establishment of IIM Guwahati. With this, IIM Guwahati will become India’s 22nd IIM and the second in the Northeast after IIM Shillong. Read more about IIM Guwahati.
2. Programmes Offered by the IIMs in India
IIM Courses as offered by each of the IIMs are shared below:
IIM | Programmes | Website |
---|---|---|
IIM Ahmedabad | PGP, PGP-FABM, ePGD-ABA (ePost Graduate Diploma in Advanced Business Analytics) | www.iima.ac.in |
IIM Amritsar | MBA, MBA-Business Analytics, MBA-HRM, EMBA, M.Sc. in Data Science (MSDSM) jointly offered with IIT Ropar | www.iimamritsar.ac.in |
IIM Bangalore | PGP, PGPEM, PGPBA, PGPPM | www.iimb.ac.in |
IIM Bodh Gaya | MBA, MBA (Digital Business Management), MBA (Hospital and Healthcare Management), Executive MBA (EMBA) | www.iimbg.ac.in |
IIM Calcutta | MBA | www.iimcal.ac.in |
IIM Indore | PGP, PGP-HRM, MSDSM (Master of Science in Data Science and Management), PGPMX | www.iimidr.ac.in |
IIM Jammu | MBA, MBA (Healthcare), Executive MBA | www.iimj.ac.in |
IIM Kashipur | MBA, MBA (Analytics), EMBA, EMBA (Analytics) | www.iimkashipur.ac.in |
IIM Kozhikode | PGP, PGP-BL, PGP-FINANCE, PGP-LSM, EPGP-IL, EPGP Kochi | www.iimk.ac.in |
IIM Lucknow | MBA, MBA-ABM, MBA-SM, PGPWE, Blended MBA | www.iiml.ac.in |
IIM Mumbai | MBA, MBA (Operations and Supply Chain Management), | www.iimmumbai.ac.in |
IIM Nagpur | MBA, Executive MBA(Hybrid) | www.iimnagpur.ac.in |
IIM Raipur | MBA, MBA in Public Policy and Governance | www.iimraipur.ac.in |
IIM Ranchi | MBA, MBA-HRM, MBA (Business Analytics) | www.iimranchi.ac.in |
IIM Rohtak | PGP, EPGDSM, PGPx | www.iimrohtak.ac.in |
IIM Sambalpur | MBA, MBA-BA, Executive MBA, MBA for Working Professionals | www.iimsambalpur.ac.in |
IIM Shillong | PGP, PGPEX, PGP(WE) | www.iimshillong.ac.in |
IIM Sirmaur | MBA, MBA (Tourism Management), MBA (Travel, Tourism and Hospitality Management), ExMBA, PGPEX-LSM, ExMBA (Digital Transformation & Analytics) | www.iimsirmaur.ac.in |
IIM Tiruchirappalli | PGPM (MBA), PGPM-HR (MBA-HR), PGPBM (MBA for Working Executives in Chennai) | www.iimtrichy.ac.in |
IIM Udaipur | MBA, MBA-DEM (Digital Enterprise Management), MBA-GSCM (Global Supply Chain Management), Executive MBA (Online) | www.iimu.ac.in |
IIM Visakhapatnam | PGP, EMBA, PGPMCI, EPGDPM, PGDMEx | www.iimv.ac.in |
3. IIMs Fee in India
IIM in India fees is consistently rising. Present structure of IIM in India fees for the MBA programmes is as below:
IIMs | Fees 2022-24 | Fees 2023-25 | Fees 2024-26 |
IIM Ahmedabad Fees | Rs. 24.61 lakhs | Rs. 25.00 lakhs | Rs.26.50 lakhs |
IIM Bangalore Fees | Rs. 23.20 lakhs | Rs. 24.70 lakhs | Rs.26.20 lakhs |
IIM Calcutta Fees | Rs. 23.50 lakhs | Rs. 25.00 lakhs | Not Available |
IIM Lucknow fees | Rs. 21.75 lakhs | Rs. 20.75 lakhs | Not Available |
IIM Mumbai fees | -- | Rs.14.63 lakhs | Rs. 21.00 lakhs |
IIM Indore fees | Rs. 21.17 lakhs | Rs. 21.17 lakhs | Rs.21.17 lakhs |
IIM Kozhikode Fees | Rs. 20.50 lakhs | Rs. 20.50 lakhs | Rs.20.50 lakhs |
IIM Shillong Fees | Rs.18.56 lakhs | Rs.21.50 lakhs | Rs.26.18 lakhs |
IIM Rohtak Fees | Rs. 16.65 lakhs | Rs. 17.90 lakhs | Rs.17.90 lakhs |
IIM Trichy Fees | Rs. 16.50 lakhs | Rs. 19.50 lakhs | Not Available |
IIM Udaipur Fees | Rs. 17.59 lakhs | Rs. 21.43 lakhs | Rs.22.24 lakhs |
IIM Raipur Fees | Rs. 15.49 lakhs | Rs. 15.93 lakhs | Rs. 18.00 lakhs |
IIM Ranchi Fees | Rs. 17.20 lakhs | Rs. 17.20 lakhs | Not Available |
IIM Kashipur Fees | Rs. 15.42 lakhs | Rs. 17.30 lakhs | Rs.17.30 lakhs |
IIM Visakhapatnam Fees |
| Rs. 18.39 lakhs | Not Available |
IIM Jammu Fees |
| Rs. 17.15 lakhs | Not Available |
IIM Nagpur Fees for MBA 2024 |
| Rs. 18.00 lakhs | Rs. 18.90 lakhs |
IIM Amritsar Fees |
| Rs.17.30 lakhs | Not Available |
IIM Bodh Gaya Fees |
| Rs. 17.00 lakhs | Not Available |
IIM Sambalpur Fees |
| Rs. 18.01 lakhs | Not Available |
IIM Sirmaur Fees |
| Rs. 16.20 lakhs | Not Available |
4. IIM Placements
After completion of final placements 2023 in all the IIMs, MBAUnivese.com has collated the data of latest IIM placements and has prepared IIM Placements Report 2024 with latest details which reveal some interesting facts and trends reflecting which IIM has left its counterpart behind and has registered higher average salary, which IIMs have registered highest percentage increase in salary, what are the key trends in IIM Placements this year and more. Average package of each IIM Salary has gone up in placements 2024. Key details about each IIM salary is given below:
4.1 Top IIMs by Average Salary in Placements 2024
Top IIMs year wise placement statistics LPA in placement 2024 is shared below
MBA College | Average Salary 2021 (Rs. in Lakhs) | Average Salary 2022 (Rs. in Lakhs) | Average Salary 2023 (Rs. in Lakhs) | Average Salary 2024 (Rs. in Lakhs) |
Rs. 28.98 LPA | Rs. 33.82 LPA | Rs.35.31 LPA | Rs. 35.92 LPA | |
Rs. 29.00 LPA | Rs. 34.20 LPA | Rs.35.07 LPA | Rs. 35.07 LPA | |
Rs. 27.54 LPA | Rs. 32.80 LPA | Rs. 34.45 LPA | Data Awaited | |
Rs. 26.00 LPA | Rs. 31.03 LPA | Rs.32.20 LPA | Rs. 30.00 LPA | |
Rs. 22.53 LPA | Rs. 29.50 LPA | Rs.31.02 LPA | Rs. 28.05 LPA | |
Rs. 23.60 LPA | Rs. 25.01 LPA | Rs.30.21 LPA | Rs. 25.68 LPA | |
Rs. 19.17 LPA | Rs. 23.10 LPA | Rs.26.96 LPA | Rs. 26.10 LPA | |
Rs. 15.11 LPA | Rs. 17.73 LPA | Rs.21.04 LPA | Rs. 19.70 LPA | |
Rs. 14.85 LPA | Rs. 17.00 LPA | Rs.20.55 LPA | Rs. 19.43 LPA | |
Rs. 13.42 LPA | Rs. 17.80 LPA | Rs.20.32 LPA | Data Awaited | |
Rs. 13.74 LPA | Rs. 16.06 LPA | Rs.18.73 LPA | Rs. 19.27 LPA | |
IIM Ranchi | Rs. 14.69 LPA | Rs. 16.17 LPA | Rs. 17.30 LPA | Rs. 18.69 LPA |
Rs. 12.62 LPA | Rs. 14.60 LPA | Rs. 15.47 LPA | Rs. 16.61 LPA | |
Rs. 10.34 LPA | Rs. 13.53 LPA | Rs.16.43 LPA | Rs. 15.48 LPA | |
Rs. 14.05 LPA | Rs. 15.21 LPA | Rs. 18.11 LPA | Rs. 15.04 LPA | |
Rs. 13.21 LPA | Rs. 14.94 LPA | Rs.16.74 LPA | Data Awaited | |
Rs. 12.68 LPA | Rs. 14.63 LPA | Rs.16.51 LPA | Data Awaited | |
Rs. 11.21 LPA | Rs. 12.64 LPA | Rs.16.64 LPA | Rs. 14.21 LPA | |
Rs. 9.92 LPA | Rs. 12.36 LPA | Rs.16.00 LPA | Rs. 13.90 LPA | |
Rs. 9.60 LPA | Rs. 12.74 LPA | Rs. 14.45 LPA | Data Awaited |
Source: MBAUniverse.com IIM Placements Analysis
4.6 Top 10 IIMs by Highest Salary
Although the highest salary is offered to one or two students, the highest salary offered at an IIM campus often makes newspaper headlines. In the table below, the highest domestic salary registered by the IIMs in MBA placements 2024 is taken into account. It may be noted that IIM Bangalore has not released its highest salary and IIM Ahmedabad will release the salary data in September 2024 after IPRS Audit. As such both of these top IIMs have not been included among the top IIMs by highest salary in 2024.
Top IIMs Placements by Highest Salary | Highest Salary 2024 |
IIM Calcutta Placements | Rs.1.15 Crore |
IIM Indore Placements | Rs.1.14 Crore |
IIM Shillong Placements | Rs.71.30 LPA |
IIM Raipur Placements | Rs. 67.60 LPA |
IIM Kozhikode Placements | Rs. 67.02 LPA |
IIM Sirmaur Placements | Rs. 64.12 LPA |
IIM Jammu Placements | Rs. 64 LPA |
IIM Ahmedabad (2022) Placements | Rs. 61.68 LPA |
IIM Lucknow Placements | Rs. 58.00 LPA |
IIM Tiruchirappalli Placements | Rs. 41.61 LPA |
Source: MBAUniverse.com IIM Placements Analysis
4.7. Top Recruiters in IIM Placements 2024
Almost all the IIMs conducted their placement process for 2021-23 batch in person and as such the companies also preferred to visit the IIM campus for placements instead of online assessment for the recruitment. IIMs have registered not only higher salary packages but also more number of recruiters at the campus in placement 2023. Some of the top recruiters that visited IIM campus for placements 2023 include - Accenture, Bain & Company, BCG, Deloitte, E&Y, GEP, HCL Tech, Infosys, Kearney, KPMG, McKinsey, PwC, Axis Bank, Bank Of America, Barclays, CITI Bank, Credit Suisse, Goldman Sachs, HDFC Bank, ICICI Bank, JSW, Kotak Mahindra Bank, Aditya Birla Group, Microsoft, ITC, HUL among others
5. IIM Admission Process
IIM Admission process has following four steps:
In conclusion, IIMs in India are regarded as top MBA colleges in India. Best IIMs in India 2025 are IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode, and Indore. While there is no worst IIM in India or top 5 worst IIM in India, based on placement reports and NIRF rankings, the relatively less preferred IIMs are IIM Sirmaur and IIM Amritsar. Read the complete list of IIM Colleges in India with admission, courses, seat intake, fees, placements, ranking, cut offs in above article. Also read all about IIM Admission and CAT 2025.
Stay tuned to MBAUniverse.com for more updates on Indian Institutes of Management in India