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List of Top IIMs in India 2024
Avantika Bhardwaj
Updated on 14th October, 2024 , 12 min read
Top IIMS in India:The Ivy League schools for management courses in India are called Indian Institutes of Management, or IIMs. IIMs provide programs at the undergraduate, graduate, and doctorate levels for a successful management career. IIMs are regarded as the top management institutes in India among the hundreds of management institutions for producing managers and business leaders.
The IIMs are regarded as the top colleges for management education and training by leading international corporations. The IIMs have the most stringent selection criteria with a low acceptance rate because of their high demand and demanding programs. Presently, there are 20 IIMs in total, including new IIMs.
Jawaharlal Nehru, the esteemed prime minister of India, founded the Indian Institutes of Management (IIMs). These are a group of 13 self-governing management and research institutions in India. The improvement of management education in India was the primary goal of the formation of IIMs. Executive education, PhD, and postgraduate programs are the main courses provided by the IIMs.
IIMs are registered as societies under the Indian Societies Registration Act. Each IIM operates autonomously on a daily basis and is a self-governing entity. The overall management and strategy of all IIMs, however, are under the supervision of the IIM council. The Minister of Human Resource Development, together with top officials from the Ministry of Human Resource Development of the Indian government, make up the majority of the IIM Council.
Top IIMs IN INDIA: HIGHLIGHTS
- There are IIMs all around India, and they are renowned for their top-notch training, faculty, facilities, and curriculum.
- High-paying work possibilities are provided to graduates of the IIMs in both the business and public sectors.
- In the NIRF-MHRD list of the Top Management Institutes in India, six of the 20 IIMs are in the top ten.
- Top 3 IIMs—IIM Ahmedabad, IIM Bangalore, and IIM Calcutta—are among the top 50 institutions in the world for management education.
- The CAT exam score, Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI) are used to determine admission to IIMs for the PGP/MBA programmes that are provided by IIMs.
- The selection of applicants for the WAT/GD and PI rounds for Executive PGP courses takes into account their CAT and GMAT scores.
Top IIMs in India Ranking and Score
The table below shows the Top IIMs rankings along with their score.
College | NIRF Ranking | NIRF Score |
1 | 83.35 | |
2 | 82.62 | |
3 | 78.64 | |
5 | 74.74 | |
7 | 70.66 | |
6 | 74.55 | |
14 | 63.57 | |
18 | 61.88 | |
22 | 59.28 | |
15 | 62.33 | |
26 | 57.84 | |
16 | 62.20 | |
23 | 59.06 | |
43 | 52.84 | |
66 | 47.11 | |
33 | 54.36 | |
IIM Amritsar | 55 | 49.88 |
IIM Jammu | 36 | 53.58 |
IIM Sirmaur | 69 | 46.46 |
73 | 45.82 |
Let's take a look at the Top IIMs in India Rank Wise 2024
1. Indian Institute of Management, Ahmedabad.
The Indian Institute of Management Ahmedabad (IIM-A) was founded on December 11, 1961, in Ahmedabad, Gujarat, immediately after the IIM Calcutta. It is one of India's top public business schools, also known as WIMWI (Well-known Institute Of Management In Western India). The Hindu Business Line-MBA Universe ranked this IIM Branch first in 2016.
Particulars | Details |
NIRF Ranking | 1 |
Average Income | 26.13 LPA |
Programmes offered at IIM Ahmedabad
- Fellow Programme in Management (FPM)
- Post-Graduate Programme in Management (PGP)
- Post Graduate Programme in Food and Agribusiness Management (PGP-FABM)
- One Year Post-Graduate Programme in Management for Executives (PGPX)
- Faculty Development are among the six programs offered by IIM-A.
2. Indian Institute of Management, Bangalore.
The Indian Institute of Management Bangalore (IIM-B) is located in one of India's most technologically advanced cities, with world-class infrastructure and faculty. It is the third batch of IIMs, which were established in 1973 in Bangalore, Karnataka. It is one of the greatest management colleges in India. According to the Government of India's April 2024 National Institutional Ranking Framework (NIRF) report, it is the top Indian Management Institute.
Particulars | Details |
NIRF Ranking | 2 |
Average Income | 26.18 LPA |
Programmes offered at IIM Bangalore
- Fellow Programme in Management (FPM/Doctoral).
- Post-Graduate Programme in Management (PGP)
- Post Graduate Programme in Public Policy and Management (PGPPM)
- Post Graduate Programme in Enterprise Management (PGPEM)
- Executive Post Graduate Programme in Management (EPGP)
3. Indian Institute of Management, Calcutta.
The Indian Institute of Calcutta (IIM-C) was founded on November 13, 1961 (54 years) at Joka, Kolkata, West Bengal by the Government of India in conjunction with the Alfred P. Sloan School of Management (MIT), the Government of West Bengal, The Ford Foundation, and Indian industry. It is recognized as one of the Top Asian Business Schools, with a regular number one rating in India and the Asia Pacific area. In 2016, The Hindu BusinessLine-MBA Universe placed it second.
Particulars | Details |
NIRF Ranking | 3 |
Average Income | 29.00 LPA |
Programmes offered at IIM Calcutta
- Post Graduate Diploma in Management (PGDM)
- Post Graduate Programme for Executives (PGPEX)
- Post Graduate Programme for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM)
- Management Development Programme and Long Duration Programme
- Master's in International Management (CEMS MIM)
- Post Graduate Diploma in Business Analytics are all available (PGDBA)
4. Indian Institute of Management, Indore
The Indian Institute of Management Indore (IIM-I) campus is a photographer's dream, with a stunning vista and a variety of birds. In 1996, the sixth addition to the autonomous IIM College was founded in Indore, Madhya Pradesh. It is the first IIM to open its doors outside of India.
Particulars | Details |
NIRF Ranking | 7 |
Average Income | 26.60 LPA |
Programmes offered at IIM Indore
They have academic programmes and executive programmes which are listed below in the table:
Academic Programmes | Executive Programmes |
Post Graduate Programme in Management (PGP) | Management Development Programme (MDP) |
Post Graduate Programme in Management, Mumbai (PGP-Mumbai) | Post Graduate Programme in Management-MX, Mumbai (PGPMX-Mumbai) |
Fellow Programme in Management (FPM) | Executive Post Graduate Programme in Management (EPGP) |
Fellow Programme in Management-Industry (FPM Industry) | Customized Programmes |
Five Year Integrated Programme in Management (IPM) | Certificate Course in Business Management for Defense Officers (CCBMDO) |
Faculty Development Programme | Broadband-Based Executive Education Programmes (BBBEEP) |
5. Indian Institute of Management, Lucknow.
The fourth installment of the prestigious IIMs Business School is the Indian Institute of Management Lucknow (IIM-L). It was founded in 1984 in Lucknow, Uttar Pradesh, with the slogan "Better management for a better nation," and it now acts as the mentor for two new IIMs: IIM Rohtak and IIM Kashipur. In 2005, it became the first IIM school to open a satellite campus in Noida, Delhi NCR, dedicated only to executive education. This IIM College has exchange agreements with 24 of the world's top business schools.
Particulars | Details |
NIRF Ranking | 6 |
Average Income | 26.00 LPA |
Programmes offered at IIM, Lucknow
- A two-year Post Graduate Programme in Agribusiness Management (PGP-ABM)
- Post Graduate Programme in Sustainable Management (PGPSM) are available (Noida campus)
- International Programme in Management for Executives (IPMX)
- Working Manager Programme (WMP)
- Executive Fellow Program in Management (EFPM)
6. Indian Institute of Management, Ranchi.
Indian Institute of Management Ranchi (IIM-Ranchi) was created in Ranchi, Jharkhand in 2010 to meet the demand for quality managers by the Ministry of Human Resources Development and the government of India. It earned 171 placement offers during the first recruiting drive of the year 2016.
Particulars | Details |
NIRF Ranking | 15 |
Average Income | 15.11 LPA |
Programmes offered at IIM, Ranchi
- Post Graduate Diploma in Management Program (PGDM)
- Post Graduate Diploma in Human Resource Management (PGDHRM)
- Fellow Program in Management (FPM)
- Executive Post-Graduate Diploma in Management Program (PGEXP)
- Post Graduate Diploma in Human Resource Management (PGDHRM)
7. Indian Institute of Management, Kashipur.
Indian Institute of Management Kashipur (IIM-Kashipur) was founded in 2011 in Kashipur, Uttarakhand, to give superior management education and elite leaders to the country. With an in-house education loan, the 2016-18 class is projected to be admitted to their new and permanent campus on roughly 200 acres of land in the Escorts Farm region of Kashipur. Under a Memorandum of Understanding (MOU) inked between them, it is the first IIM campus to seek assistance from Broadcast Engineering Consultants India Limited (BECIL) in establishing an FM Community Radio Station.
Particulars | Details |
NIRF Ranking | 23 |
Average Income | 13.82 LPA |
Programmes offered at IIM, Kashipur
- Post Graduate Programme in Management (PGP)
- Executive Post Graduate Programme in Management (EPGPM)
- Executive Fellow Programme in Management (EFPM)
- Fellow Programme in Management (FPM)
8. Indian Institute of Management, Rohtak.
The Indian Institute of Management Rohtak (IIM-R) is the eighth installment, founded in November 2009 in Rohtak, Haryana. It is the first IIM to be approved by the Union Cabinet, having been mentored by IIM Lucknow in its first year of operation. Mr. Ravi Kant, former Vice Chairman of Tata Motors Ltd., inaugurated it in the presence of IIM Lucknow. IIM Rohtak recently launched live and interactive learning in digital format through online entrepreneurship programs.
Particulars | Details |
NIRF Ranking | 16 |
Average Income | 13.74 LPA |
Programmes offered at IIM Rohtak
- Post Graduate Programme in Management (PGPM)
- Executive Post-Graduation Programme (EPGP)
- Executive Training (MDP)
- Academic Tarining (FDP)
- Doctoral Programme (FPM)
9. Indian Institute of Management, Kozhikode.
The Indian Institute of Management Kozhikode (IIM-K) was founded in 1996 in conjunction with the State Government of Kerala on two hillocks in the Kunnamangalam Area of the old city of Calicut in Kerala. It is one of the Indian Management Institutes that has a regular SC/ST quota for students in its Post-Graduate Programme. They also lead the country in terms of having a Digital Library Development Center.
Particulars | Details |
NIRF Ranking | 5 |
Average Income | 22.50 LPA |
Programmes offered at IIM Kozhikode
- Post Graduate Programme (PGP)
- Executive Post Graduate Programme (EPGP)
- Fellow Programme in Management (FPM)
- Executive Post Graduate Programme - Kochi Campus
- Management Development Programme (MDP)
- Faculty Development Programme (FDP)
10. Indian Institute of Management, Raipur.
On October 10, 2010, the Indian Institute of Management Raipur (IIM-Raipur) was inaugurated by the Chief Minister of Chhattisgarh, Mr. Raman Singh, by the Government of India and the Ministry of Human Resource Development in Raipur, Chhattisgarh. It is now based on the Raipur Government Engineering College Campus.
Particulars | Details |
NIRF Ranking | 14 |
Average Income | 15.20 LPA |
Programmes offered at IIM Raipur
- Post-Graduate Programme in Management (PGP)
- Fellow Programme in Management (FPM)
- Post Graduate Programme in Management for Working Executive (PGPWE)
- Executive Fellow Programme in Management (EFPM)
11. Indian Institute of Management, Shillong.
The Indian Institute of Management Shillong (IIM-S) was founded in 2007 in Shillong, Meghalaya, with the goal of expanding and mobilizing education and research capabilities in India's north-eastern states. The institute was created by Shri. Arjun Singh, Union Minister of Human Resource Development, and is located at the Mayurbhanj Palace, the summer residence of the Mayurbhanj Kings of Odisha. Former President A.P.J. Abdul Kalam delivered his final lecture on Creating a Liveable Planet in 2015 at IIM Shillong College. On the first anniversary of his death, the college launched the Dr. A.P.J. Abdul Kalam Lecture Series in his honor.
Particulars | Details |
NIRF Ranking | 26 |
Average Income | 19.17 LPA |
Programmes offered at IIM Shillong
- Post-Graduate Programme in Management (PGDM)
- Managing Business in India and China (PGPEx)
- Fellow Programme in Management (FPM)
- Management Development Programmes (MDP)
- Summer School, 2016 (Faculty Development Program)
- Centre for Development of North Eastern Region (CEDNER) program
12. Indian Institute of Management, Trichy.
The Indian Institute of Management Trichy (IIM-T) was founded in January 2011 by HRD and Telecommunications Minister Mr. Kapil Sibal, on the advice of IIM Bangalore. The institution is directed by Meleveetil Damodaran, former SEBI chairman of the direct governors board, and former IIM Calcutta professor Prafulla Agnihotri.
Particulars | Details |
NIRF Ranking | 18 |
Average Income | 14.96 LPA |
Programmes offered at IIM Trichy
- Post-Graduate Programme in Management (PGP)
- Fellow Programme in Management (FPM)
- Post Graduate Programme in Business Management (PGPBM) Chennai Centre
13. Indian Institute of Management, Udaipur.
The Indian Institute of Management Udaipur (IIM-U) is one of the IIMs established in Udaipur, Rajasthan, by the Central Government of India during its Eleventh Five-Year Plan in 2011.It is now operating from a temporary location at Mohanlal Sukhadia University's Polymer Science Building (MLSU). After construction is completed, it will be transferred to 253 acres (102 hectares) of land in Balicha, Udaipur.
Particulars | Details |
NIRF Ranking | 22 |
Average Income | 13.84 LPA |
Programmes offered at IIM Udaipur
- Post Graduate Program (PGP)
- Post Graduate Program in Management for Executive (PGPX)
- Fellow Program in Management (FPM)
- Management Development Program for Women Entrepreneurs (MDPWE)
- Summer School for Future Leaders in Development
Newly opened IIMs
1. Indian Institute of Management, Nagpur.
With the first batch of Post Graduate Program (PGP) in Management, Indian Institute of Management Nagpur (IIM-N) began operations in 2015 under the leadership and mentorship of Indian Institute of Management Ahmedabad. It now operates from a temporary location at Visvesvaraya National Institute of Technology, but will relocate to its own campus in around three years on approximately 200 acres near the Multi-modal International Cargo Hub and Airport in Nagpur, Maharashtra.
Particulars | Details |
NIRF Ranking | 43 |
Average Income | 13.12 LPA |
2. Indian Institute of Management, Visakhapatnam.
The Indian Institute of Management Visakhapatnam (IIM-V), popularly known as IIM Vizag, began its inaugural batch in August 2015 in Visakhapatnam, Andhra Pradesh, under the supervision of the Indian Institute of Bangalore. It began lessons in the Andhra Bank School of Business on the Andhra University campus and will continue till it moves to its permanent location in Gambheeram, Vizag, with a two-year full-time residential Post-graduate study in Management.
Particulars | Details |
NIRF Ranking | 33 |
Average Income | 13.08 LPA |
3. Indian Institute of Management, Bodhgaya.
The Indian Institute of Management Bodh Gaya (IIM-BG), inaugurated by HRD Minister Smriti Irani on August 31, 2015, began its first academic session Post Graduation Programme (PGP) in Management in Bodh Gaya, Bihar. Following the successful mentorship of IIM Ranchi, it is now mentored by IIM Calcutta on the 118 acres of Magadh University in Bodh Gaya.
Particulars | Details |
NIRF Ranking | 73 |
Average Income | 11.20 LPA |
4. Indian Institute of Management, Amritsar.
The Ministry of Human Resources Development created the Indian Institute of Management Amritsar (IIM-Amritsar) in 2015 with the cooperation of the Government of Punjab and under the leadership of the Indian Institute of Management Kozhikode. IIM Amritsar launched its first batch of Post Graduate Programme in Management from the campus of Government Polytechnic College, which served as a temporary basis. It will relocate to its permanent site in Manawala on the Amritsar-Jalandhar GT Road in around three years.
Particulars | Details |
NIRF Ranking | 55 |
Average Income | 12.61 LPA |
5. Indian Institute of Management, Sambalpur.
Indian Institute of Management, Sambalpur (IIM-Sambalpur), established in 2015, now operates from a temporary campus in Silicon Institute of Technology, Sason, Sambalpur, Odisha, in a serene environment. Following the successful mentorship of IIM Udaipur, it is now working under the supervision of IIM Indore. The permanent campus location in Basantpur, Odisha, was finalized in 2014.
Particulars | Details |
NIRF Ranking | 66 |
Average Income | 11.61 LPA |
6. Indian Institute of Management, Sirmaur.
The Indian Institute of Management, Sirmaur (IIM-Sirmaur) was founded in 2015 with its first batch of Post Graduate Programme (PGP) in Management. It is now operating from a temporary campus at Himachal Institute of Technology, Near Dental College, Rampur Ghat Road, Paonta Sahib, Distt Sirmaur. It has previously been supervised by IIM Rohtak and IIM Kashipur, and is now being mentored by IIM Lucknow.
Particulars | Details |
NIRF Ranking | 69 |
Average Income | 11.28 LPA |
IIMs Eligibility Criteria
- To get admitted to various IIM programs, you must pass the Common Admission Test (CAT) with at least a 98 percentile.
- In addition, to sit for the CAT test, you must have a Bachelor's Degree with at least 50% marks or an equivalent CGPA (45% for Schedule Caste (SC), Schedule Tribe (ST), and Persons With Disability (PWD).
- Candidates in their final year of a Bachelor's degree/equivalent qualification examination, as well as those who have finished degree requirements and are awaiting results, are both eligible to apply.
- And such applicants will be admitted to the program on a provisional basis, with a certificate from the University/Principal/Registrar. The Institution's Full information of the selection procedure may be found at www.iimcat.ac.in.
Selection Process for Top IIM in India 2023
The three steps of the IIM selection procedure are listed below. Following the release of the CAT scores, the students will proceed as follows:
1. Candidate shortlisting based on CAT Exam results
Candidates must submit an application for the WAT/GD-PI round on each IIM's official website as soon as the CAT results are available. Candidates who make the shortlist must login using their CAT IDs and submit both their names and CAT scorecards.
2. Candidate evaluation for WAT/GD-PI
The applicants who have submitted for WAT/GD-PI at this stage of the selection process are further shortlisted based on their CAT scores as well as their academic records, and then invitations to interviews are given out.
3. The Final Selection
At this step, each candidate's composite score is determined based on numerous characteristics to determine his or her selection. The ultimate selection procedure for IIM admission entails evaluating an applicant on certain characteristics and calculating his or her composite score. This formula takes into account eight major factors: 10 class score, 12 class score, Graduation Score, performance in WAT/GD-PI, Academic Diversity (for applicants with non-engineering backgrounds), Gender Diversity (priority for female and transgender students), and Work Experience (1-5 years of work experience preferred).
Top IIM Fees and Top IIM Packages
The ROI of IIMs is significant since the average compensation offered during final campus placements in major IIMs is between INR 20-25 lakh per annum. The average salary offer is complementary to the MBA/PGP fee in other IIMs as well. ROI may be defined as the difference between the money a student invests in a course and the return he or she receives in the form of placement. The top IIMs and their ROI are shown below in contrast to annual fees and annual placement packages:
Top IIM in India | Average Annual IIM Fees (in INR) | Average IIM Placements Package (in INR) |
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 |
Which MBA Entrance Exams are acceptable by IIMs?
- For MBA/PGP admission, IIMs accept the CAT Exam. Individual institutes offer written tests for individuals enrolled in Executive MBA programs.
- IIM Kozhikode administers the EMAT for its EPGP program. GMAT/GRE scores are required for foreign students to apply to IIMs.
- IIM Indore administers the IPMAT after Class 12 for the IPM (5-year integrated management) program.
- Similarly, for its IPM program, IIM Rohtak holds an IPM Aptitude Test. JIPMAT scores are accepted for admission to IIM Jammu, Bodhgaya, and Ranchi's IPM programs.
IIM Course | Exam Score |
Executive MBA | EMAT or Written Test GMAT/GRE (foreign candidates) |
IPM | IPM Aptitude Test |
Jobs offered at IIMs
Below are the jobs which are offered by IIMs during campus placements:
Jobs offered at IIMs | ||
Consultant | Finance Consultant | Marketing Executive |
Sales Executive | IT Consultant | Finance Manager |
Marketing Manager | Sales Manager | Human Resources Manager |
Operations Manager | Product Manager | Data Analytics Manager |
Digital Marketing Manager | Advertising Sales Manager | NGO Manager |
The MBA specializations which are offered at Top IIM in Inida are listed below:
- General Management
- Marketing
- Operations Management
- Agri-Business
- Healthcare Analytics
- Event Management and PR
- Marketing
- Finance Management
- Marketing
- Finance and Marketing
- Industrial Engineering
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Frequently Asked Questions
Which IIM is best IIM A or IIM B?
The Indian Institute of Management (IIM) Ahmedabad is India's top-ranked and among the oldest B-school in India.
Which is the most prestigious IIM?
IIM Bangalore is one of the most prestigious IIM which ranked 2 according to NIRF rankings.
What are the top 5 IIMs?
Top IIM colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore, IIM Udaipur.
Which is the best IIM in India?
According to the NIRF rankings 2024, IIM Ahmedabad is the best IIM in India with a number 1 ranking.
Which IIM institutions in India have the greatest placement records?
All 20 IIMs offer strong campus placements to students, with notable corporations taking part in the process. However, some companies provide a greater wage package than others. According to placement patterns, the top IIMs in India are: IIM Bangalore, IIM Calcutta, IIM Ahmedabad, IIM Lucknow, and IIM Kozhikode.
What courses IIM Bangalore offers?
IIM Bangalore offers PGP, PGPPM, and PGPEM.
Which is the top IIM in India?
IIM Ahmedabad is the oldest and one of the top IIMs in India.
Which is the youngest IIM in India?
IIM Jammu is the youngest IIM in India which was established in 2016.
How many IIMs are there in India?
There are 20 IIMs in India which offers the best management courses.