December 7, 2024
total IIMs in india

The Indian Institutes of Management (IIMs) are the country’s most prestigious and globally recognized business schools, renowned for producing world-class business leaders, managers, and entrepreneurs. Over the years, the number of IIMs has increased to 20, spread across various parts of India. They offer a range of management programs, including the flagship MBA (or PGP) programs, executive programs, doctoral programs, and specialized courses. Admission to IIMs is highly competitive, with the CAT (Common Admission Test) being the primary gateway.

In this article, we will discuss the total number of IIMs in India, the programs they offer, their rankings, fees, and the steps to secure admission to these prestigious institutes.

1. List of IIMs in India

As of 2024, there are 20 IIMs in India, categorized into older, newer, and baby IIMs based on their establishment. Below is the list of IIMs, along with the key programs they offer:

IIMYear of EstablishmentLocationFlagship ProgramOther Programs
IIM Ahmedabad1961Ahmedabad, GujaratMBA (PGP)Executive MBA (PGPX), PhD
IIM Bangalore1973Bangalore, KarnatakaMBA (PGP)EPGP, PGPEM, PhD
IIM Calcutta1961Kolkata, West BengalMBA (PGP)MBA-Ex, PhD
IIM Lucknow1984Lucknow, UPMBA (PGP)IPMX, PhD, PGPWE
IIM Kozhikode1996Kozhikode, KeralaMBA (PGP)Executive PGP, PhD
IIM Indore1996Indore, MPMBA (PGP), IPMExecutive MBA, PhD
IIM Shillong2007Shillong, MeghalayaMBA (PGP)PhD, MBA (WE)
IIM Rohtak2010Rohtak, HaryanaMBA (PGP), IPMPhD, Executive MBA
IIM Raipur2010Raipur, ChhattisgarhMBA (PGP)Executive MBA, PhD
IIM Ranchi2010Ranchi, JharkhandMBA (PGP), IPMPhD
IIM Tiruchirappalli (Trichy)2011Tiruchirappalli, TNMBA (PGP)PGPM-HR, Executive MBA, PhD
IIM Udaipur2011Udaipur, RajasthanMBA (PGP)PhD, Executive MBA
IIM Kashipur2011Kashipur, UttarakhandMBA (PGP), IPMExecutive MBA, PhD
IIM Nagpur2015Nagpur, MaharashtraMBA (PGP)Executive MBA, PhD
IIM Visakhapatnam2015Visakhapatnam, APMBA (PGP)Executive MBA, PhD
IIM Bodh Gaya2015Bodh Gaya, BiharMBA (PGP), IPMPhD
IIM Sambalpur2015Sambalpur, OdishaMBA (PGP)Executive MBA, PhD
IIM Sirmaur2015Sirmaur, HPMBA (PGP)Executive MBA, PhD
IIM Jammu2016Jammu, J&KMBA (PGP), IPMExecutive MBA, PhD
IIM Amritsar2015Amritsar, PunjabMBA (PGP)Executive MBA, PhD

2. Rankings of IIMs in India

While all IIMs are prestigious, some are consistently ranked higher due to their history, academic standards, and placement records. Here’s a general ranking of IIMs based on NIRF (National Institutional Ranking Framework) and other MBA rankings:

  1. IIM Ahmedabad – Ranked 1st consistently for its academic rigor and placements.
  2. IIM Bangalore – Known for excellent faculty and strong industry connections.
  3. IIM Calcutta – Renowned for finance and consulting placements.
  4. IIM Lucknow – Strong placements, especially in marketing and operations.
  5. IIM Kozhikode – High student satisfaction and strong faculty.
  6. IIM Indore – Known for its innovative IPM program (5-year integrated MBA).
  7. IIM Shillong – Increasingly popular, with a focus on sustainability.
  8. IIM Udaipur – Gaining recognition for its global orientation.
  9. IIM Trichy – One of the best among the new IIMs.
  10. IIM Rohtak, Ranchi, and Kashipur – Emerging as top choices among newer IIMs.

Rankings can vary each year based on specific criteria such as research output, placements, peer perception, and infrastructure.

3. Fees Structure for IIMs

The fees for IIMs vary depending on the program and the location of the institute. Here is a general overview of the fees for the flagship MBA programs at different IIMs:

IIMApprox. Fees (MBA/PGP)
IIM Ahmedabad₹23-25 Lakhs
IIM Bangalore₹24-26 Lakhs
IIM Calcutta₹23-25 Lakhs
IIM Lucknow₹20-23 Lakhs
IIM Kozhikode₹20-22 Lakhs
IIM Indore₹20-22 Lakhs
IIM Shillong₹18-20 Lakhs
IIM Rohtak₹16-18 Lakhs
IIM Raipur₹15-17 Lakhs
IIM Ranchi₹15-18 Lakhs
IIM Tiruchirappalli₹17-19 Lakhs
IIM Udaipur₹16-18 Lakhs
IIM Kashipur₹15-17 Lakhs
IIM Nagpur₹15-18 Lakhs
IIM Visakhapatnam₹15-18 Lakhs
IIM Bodh Gaya₹12-15 Lakhs
IIM Sambalpur₹12-15 Lakhs
IIM Sirmaur₹12-15 Lakhs
IIM Jammu₹12-15 Lakhs
IIM Amritsar₹12-15 Lakhs

The fees mentioned above are indicative and subject to change. Fees for specialized programs like Executive MBAs and doctoral programs are different and may be higher depending on the program.

4. How to Get Admission to an IIM

The admission process for IIMs is extremely competitive and involves multiple stages. The following steps outline how to secure a seat at one of these premier institutions:

Step 1: Appear for CAT

The Common Admission Test (CAT) is the primary entrance exam for admission to IIMs. It is a national-level, computer-based exam conducted once a year in November. The CAT tests candidates on:

  • Quantitative Aptitude (QA)
  • Data Interpretation & Logical Reasoning (DILR)
  • Verbal Ability & Reading Comprehension (VARC)

Step 2: Meet the Eligibility Criteria

To be eligible for CAT, candidates must:

  • Hold a Bachelor’s degree (minimum 50% for general category; 45% for SC/ST/PwD).
  • Be in the final year of their undergraduate studies (provisional admission is granted).

Step 3: CAT Percentile and Cut-offs

After the CAT results are declared (usually in January), candidates are shortlisted for further rounds based on their CAT percentile. The cut-off percentiles vary across IIMs. Generally:

  • Older IIMs like Ahmedabad, Bangalore, Calcutta require a 95-99+ percentile.
  • Newer IIMs may have a cut-off around 90-95 percentile.

Step 4: Shortlisting for WAT-GD-PI

Once you clear the cut-off, IIMs shortlist candidates for the next rounds, which typically include:

  • Written Ability Test (WAT): Essay writing to evaluate your articulation and analytical thinking.
  • Group Discussion (GD): Not all IIMs conduct GD, but some still do.
  • Personal Interview (PI): A panel of professors or alumni will interview candidates on various aspects like academics, work experience, and general awareness.

Step 5: Final Selection

The final selection is based on a composite score that includes:

  • CAT Score (40-50%)
  • Academic Profile (10-20%)
  • Work Experience (10-20%)
  • WAT/GD/PI Performance (20-30%)

Step 6: Receive Admission Offer

Based on the composite score, candidates receive an offer from the IIMs they applied to. Upon receiving an offer, candidates must confirm their admission by paying the acceptance fees.

5. Scholarships and Financial Aid

Many IIMs offer scholarships and financial aid to deserving students based on merit, academic performance, and financial background. These scholarships help ease the financial burden, making IIMs accessible to students from diverse backgrounds.

Conclusion

With 20 IIMs offering world-class management education, students have multiple opportunities to pursue their MBA dreams. While the older IIMs (Ahmedabad, Bangalore, Calcutta) still dominate in terms of rankings and placement opportunities, newer IIMs are quickly catching up. With a strong focus on leadership, innovation, and global business practices, IIM graduates are equipped to lead in a rapidly changing world. Securing admission to an IIM is challenging but immensely rewarding, with high returns on investment in terms of career growth and opportunities.

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