Top IIM MBA Colleges in India
The Indian Institutes of Management (IIMs) are management education and research institutes in India. In India, they provide undergraduate, postgraduate, doctoral, and executive education programmes, as well as other courses. There are currently 20 Top IIM MBA Collges in India that offer quality management education to their students. Several IIMs in India have issued call letters for MBA and PGDM admissions. Indian Institutes of Management (IIMs) are management education and research institutes that offer undergraduate, doctoral, postgraduate, and executive programmes, as well as some additional business administration courses.
MBA, or Master of Business Administration, is a highly sought-after course among students. Every year, a large number of students or candidates apply for entrance exams. In the Top IIM MBA colleges in India rankings 2021 alone, a total of 1.92 lakh students took the CAT exam, despite the fact that the CAT is not the only exam held for MBA. MBA, PGP, PGDM, and other courses are available at Top IIM MBA Colleges in India. Certificate courses are also available at IIMs in India for working professionals.IIM Ahmedabad is ranked first among top MBA colleges in the NIRF IIM rankings. Clearing an entrance exam, a group discussion round, and a personal interview round are all part of the admissions process
The list of Top IIM MBA Colleges in India 2022 with MBA rankings is provided below. Every management aspirant’s dream is to study at an Indian Institute of Management (IIM). Apart from establishing and maintaining the highest standards of education and study, these national institutions of importance also serve as a springboard to the best and most valuable management careers.
Highlights:Top IIM MBA Colleges in India
|No. of IIMs||20|
|Fees||Rs 10-23 lakh|
|Top Specialisations||General Management|
|Admission Process||Admission through entrance exams - CAT, EMAT, IPMAT, JIPMAT, GMAT and WAT-GD-PI|
|Courses Offered||MBA, PGP, PGDM, Executive MBA, MBA for Working Professionals, Five-year Integrated Management Programme, Certifications, Fellow Management Programme|
Top IIM MBA Colleges in India Rank wise
We have compiled a list of Top IIM MBA Colleges in India Rank wise where you can see MBA colleges with NIFE Rankings. IIMs India is one of the best colleges of India for pursuing a management degree.
|College||NIRF IIM rankings2021||NIRF IIM ranking 2020|
|IIM SAMBALPUR||61||Not Ranked|
|IIM AMRITSAR||67||Not Ranked|
|IIM SIRMAUR||Not Ranked||Not Ranked|
|IIM BODH GAYA||Not Ranked||Not Ranked|
|IIM VISAKHAPATNAM||Not Ranked||Not Ranked|
|IIM JAMMU||Not Ranked||Not Ranked|
Top IIM MBA Colleges in India: Eligibility Criteria
Before we discuss the IIM MBA colleges in India, let us first understand the basic criteria that students must meet in order to be admitted to any IIM MBA colleges in India. It is critical to remember that meeting the minimum eligibility requirements is critical because without it, candidates will be unable to apply for the entrance exams.
- Students or candidates must have a minimum of 50% aggregate marks in their undergrad in the general category. While the reserved category receives a 5% reduction.
- Candidates or students in their final year of undergrad or bachelor’s degree can also apply for the entrance exams even if their results have not been received
Top IIM MBA Colleges in India: Admission Process
After meeting the eligibility requirements, students must go through a lengthy selection process that begins with taking an entrance exam. The entire procedure of Top IIM MBA colleges in India is divided into three sections, which are detailed below.
- The candidates take the entrance exams, and the IIM college committee selects them based on their scores. Candidates are invited to the WAT/GD-PI round, where those who have been called out based on their CAT score must verify themselves using their CAT IDs.
- The candidates are then subjected to multiple screenings in order to further shortlist and reduce the number of students. Candidates must first complete their WAT exam before being called to a group discussion session with the rest of the candidates. Finally, the candidates participate in a Private Interview with the faculty members who have been chosen as judges.
- The final stage is where the candidate’s overall performance is calculated and a cumulative score is assigned. Candidates who achieve a high score are placed on the final cut-off list released by the IIM college or university. They eventually receive an offer letter in the mail or via email, which they must accept in order to secure a seat at the IIM.
Top IIM MBA Colleges in India ROI
The ROI of IIMs MBA Colleges in India is high, with average salary offers during final campus placements ranging between Rs 20-25 lakh per annum in top IIMs. In other IIMs, the average salary offer is in addition to the MBA/PGP fee.
In layman’s terms, ROI is the difference between the money a student invests in a course and the return he or she receives in the form of placement. The following table compares IIMs and their ROI based on annual fees and average placement package:
|Name of IIM||Average Annual Fee (in Rs)||Average Placement Package (in Rs)|
|IIM Ahmedabad||23.00 lakh||26.13 LPA|
|IIM Bangalore||23.00 lakh||26.18 LPA|
|IIM Calcutta||23.00 lakh||29.00 LPA|
|IIM Lucknow||19.25 lakh||26.00 LPA|
|IIM Kozhikode||19.00 lakh||22.50 LPA|
|IIM Indore||17.07 lakh||23.60 LPA|
|IIM Udaipur||17.60 lakh||13.84 LPA|
|IIM Shillong||12.68 lakh||19.17 LPA|
|IIM Ranchi||15.30 lakh||15.11 LPA|
|IIM Rohtak||15.20 lakh||13.74 LPA|
|IIM Raipur||14.20 lakh||15.20 LPA|
|IIM Nagpur||13.34 lakh||13.12 LPA|
|IIM Sirmaur||11.75 lakh||11.28 LPA|
|IIM Sambalpur||13.03 lakh||11.61 LPA|
|IIM Visakhapatnam||10.70 lakh||13.08 LPA|
|IIM Jammu||13.80 lakh||10.64 LPA|
|IIM Bodh Gaya||10.60 lakh||11.20 LPA|
|IIM Amritsar||12.00 lakh||12.61 LPA|
|IIM Trichy||11.90 lakh||14.96 LPA|
|IIM Kashipur||15.10 lakh||13.82 LPA|
Top IIM MBA Colleges in India: Top Recruiters
All of the top MNCs and indigenous companies visit the IIM campus to hire MBA graduates during the placements process. Manufacturing, IT, BFSI, Consulting, FinTech, Mining, Retail, FMCG, and other industries participate in the IIMs’ final placement process. Check out the table below for top recruiters from Top IIM MBA Colleges in India.Show 102550100 entriesSearch:
|IIM Colleges||Top Recruiters|
|IIM Bangalore||Kearney, McKinsey & Co., GEP Consulting, Alvarez & Marsa, EY-Parthenon, KPMG, Nomura Research Institute, IBM Consulting, Gartner, Oliver Wyman, Auctus Advisors, Ernst & Young, Vector Consulting, Infosys Management Consulting, L.E.K. Consulting, etc.|
|IIM Ahmedabad||Accenture Strategy, Boston Consulting Group, Kearney, Bain & Co., KPMG, McKinsey & Co., Monitor Deloitte, Oliver Wyman and Strategy, Citi, Credit Suisse, Goldman Sachs, HSBC and JP Morgan, Aditya Birla Group, C.K. Birla, Reliance Industries Limited and Tata Administrative Services, AB InBev, Airtel, Asian Paints, CavinKare, Dabur, ITC, Lenovo, L’Oréal, Nestle, Procter and Gamble, Samsung, Tata Sky, Wipro, etc.|
|IIM Calcutta||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.|
|IIM Lucknow||Amazon, Deloitte, Everest Group, Flipkart, Jio Platforms, Microsoft, Optum, PayTM, PayU, PwC US Advisory, RPG, Salesforce, Accenture, American Express, Asian Paints, Avendus Capital, Bain & Company, Citi, GEP Consulting, Goldman Sachs, ICICI, Kearney, Kotak, KPMG, Mahindra & Mahindra, MasterCard Advisors, Mckinsey & Company, Morgan Stanley, Nestle, Reliance Industries Limited, State Street, Tata Administrative Services, Tata Sky, BCG, etc.|
|IIM Udaipur||Accenture Strategy, Accenture Technology, Aditya Birla Capital, Alstom, Amazon, Amul, Axis Bank, Bain Capability Center, Bajaj Auto, Baker Hughes, Bluestar, BNY Mellon, Capgemini, Cisco Systems, Cognizant, Delhivery, Deloitte, DS Group, Ernst & Young, Five splash, Flipkart, Genpact, Goldman Sachs, GSK Pharmaceuticals, etc.|
|IIM Kozhikode||Accenture Strategy, Bain & Co., BCG, Blue Yonder, Cognizant Business Consulting, Deloitte, EY, Infosys Consulting, IQVIA Consulting, Optum, PwC, Thoucentric, Axis Bank, Bank of America, BlackRock, Citi Bank, Deutsche Bank, Equirus Capital, Goldman Sachs, HSBC, ICICI Bank, IDFC First Bank, J.P.Morgan Chase & Co., State Street, Yes Bank, etc.|
|IIM Indore||Boston Consulting Group, Deloitte S&O, Deloitte USI, EY, PwC India, PwC US, UnitedHealth Group , Aditya Birla Fashion and Retail, Asian Paints, Bajaj Auto, HUL, ITC, Kohler, L’Oreal, Panasonic Life solutions, PepsiCo, Pidilite Industries, mazon, ACT, Capgemini ELITE, Tech Mahindra., etc.|
|IIM Trichy||McKinsey & Company, Avalon, Astra Zeneca, HSBC, Accenture, Saint Gobain, ICICI Bank, JP Morgan Chase & Co., Godrej, Deloitte, Cognizant, Yes Bank, KPMG, TVS, ICICI Prudential, Bosch, NatWest Group, EY, Mindtree, Kantar, GAAR, Reliance, UltraTech, MTR, etc.|
|IIM Raipur||10K Startups India, Accenture, AM/NS India, Asian Paints, Axis Bank, ClearTax, Cognizant, Deloitte USI, Ernst & Young, Gartner, Genpact, HCL Technologies, Hero Motocorp, Hindware, IBM, ICICI Bank Ltd, Infosys, L&T Ltd, MAQ Software, Mindtree, Mu Sigma, Polycab India Ltd, Royal Enfield, Suzlon, TATA AIG, Tata Elxsi, TATA Steel, Tech Mahindra Ltd, TresVista Financial Services, TVS Motor Company, Vedanta Ltd, Virtusa, Xiaomi India, Yes Bank, Yokohama OHT, etc.|
|IIM Rohtak||Xiaomi, GamaSec, Diaspark, Phable, Genpact, ZS Associates and MindTree Indus Valley Partners, Deloitte, Tata Steel, Bain Capability Networks, NatWest Group, Capegemini, Cognizant, etc.|
Frequently Asked Questions (FAQ)
1. Which IIM is best for MBA?
IIM Bangalore was ranked 36 in the QS Executive MBA Rankings 2020. Learn more about the best IIMs in India, including rankings, fees, ROI, placements, and so on.
2. Why IIM fees is so high?
There are several scholarships available for deserving students. Although IIMs are government institutions, the majority of IIMs are self-sufficient and do not rely on government funding. As a result, in order to attract quality professors, they must charge a higher fee.
3. What is the NIRF ranking of IIM Indore?
IIM Indore’s NIRF ranking in 2020 is 7, up from 5 in 2019. You can find the NIRF rankings for all of the other IIMs here.
4. What courses are offered by IIMs of India?
The Indian Institutes of Management (IIMs) offer a variety of postgraduate management programmes, including MBA, PGDM, and PGPM.
5. Which are the best IIMs colleges in India?’
The older IIMs – IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and IIM Kozhikode – are regarded as the best IIMs in India. Over the years, these institutes have consistently been ranked among the top ten in all surveys.
6. Which are the top IIMs in India as per NIRF rankings 2020?
The top IIMs in India, according to the NIRF Rankings 2020, are IIM Bangalore (Rank 1), IIM Ahmedabad (Rank 2), IIM Calcutta (Rank 3), IIM Lucknow (Rank 4), IIM Udaipur (Rank 6), IIM Kozhikode (Rank 6), IIM Indore (Rank 10), IIM Trichy (Rank 14), IIM Raipur (Rank 18), IIM Rohtak (Rank 19), and IIM Ranchi (Rank 28).