Choosing an Indian Institute of Management is a decision about academic fit, affordability, the learning environment and career outcomes. A rigorous IIM fees and placements comparison must look beyond headline salary figures to examine each programme, admission cohort, placement denominator and source. India has 22 IIMs as of November 2026, including the recently established IIM Guwahati. The same institute may offer several qualifications with different entry requirements and placement arrangements.
This evergreen guide covers all 22 institutions, two-year MBA programmes, undergraduate-entry pathways, specialised management degrees, executive education, campus facilities, funding and return on investment. Data are labelled by their actual reporting year. Where a current figure has not been confirmed from a programme-specific institutional document, we provide the appropriate official source rather than an invented comparison.
IIM Fees and Placements: Quick Facts
| Indicator | What students should know |
|---|---|
| Number of IIMs | 22 institutions as of November 2026 |
| First IIM | IIM Calcutta, established November 1961 |
| Newest IIM | IIM Guwahati; inaugural MBA batch 2026–28 |
| Main pathways | Two-year MBA, undergraduate-entry programmes, specialised MBA, one-year MBA and executive formats |
| Main cost warning | Programme fees may exclude mess advances, deposits, living expenses and loan interest |
| Placement warning | Mean, median, CTC, MEP and eligible-student denominators are not interchangeable |
Complete List of All 22 IIMs in India
The establishment chronology is useful context, but it is not a quality ranking. IIM Mumbai inherited the much older NITIE legacy, and IIM Guwahati has no graduating MBA cohort as of the article reference date. Establishment, first academic session and the year of statutory IIM designation may differ.
| IIM | City | State | Established or important institutional milestone |
|---|---|---|---|
| IIM Calcutta | Kolkata | West Bengal | 1961 |
| IIM Ahmedabad | Ahmedabad | Gujarat | 1961 |
| IIM Bangalore | Bengaluru | Karnataka | 1973 |
| IIM Lucknow | Lucknow | Uttar Pradesh | 1984 |
| IIM Kozhikode | Kozhikode | Kerala | 1996 |
| IIM Indore | Indore | Madhya Pradesh | 1996 |
| IIM Shillong | Shillong | Meghalaya | 2007–08 |
| IIM Rohtak | Rohtak | Haryana | 2009 |
| IIM Raipur | Raipur | Chhattisgarh | 2010 |
| IIM Ranchi | Ranchi | Jharkhand | 2010 |
| IIM Tiruchirappalli | Tiruchirappalli | Tamil Nadu | 2011 |
| IIM Udaipur | Udaipur | Rajasthan | 2011 |
| IIM Kashipur | Kashipur | Uttarakhand | 2011 |
| IIM Amritsar | Amritsar | Punjab | 2015 |
| IIM Bodh Gaya | Bodh Gaya | Bihar | 2015 |
| IIM Nagpur | Nagpur | Maharashtra | 2015 |
| IIM Sambalpur | Sambalpur | Odisha | 2015 |
| IIM Sirmaur | Sirmaur | Himachal Pradesh | 2015 |
| IIM Visakhapatnam | Visakhapatnam | Andhra Pradesh | 2015 |
| IIM Jammu | Jammu | Jammu and Kashmir | 2016 |
| IIM Mumbai | Mumbai | Maharashtra | 2023 status; NITIE founded 1963 |
| IIM Guwahati | Guwahati | Assam | 2025 institutional announcement; MBA began 2026 |
How the IIM System Developed
IIM Calcutta and IIM Ahmedabad began in 1961, followed by Bangalore in 1973 and Lucknow in 1984. Kozhikode and Indore were founded in 1996. A further expansion between 2007 and 2011 led to institutions including Shillong, Rohtak, Raipur, Ranchi, Tiruchirappalli, Udaipur and Kashipur. Another wave began around 2015, broadening access to residential management education across India.
The phrases old IIMs, new IIMs and baby IIMs are informal distinctions, not official statutory rankings. IIM Mumbai became an IIM in 2023 after operating as NITIE from 1963. IIM Guwahati began its inaugural 2026–28 MBA batch in July 2026 and has no final-placement history yet.
Flagship MBA Programme Fees Across All IIMs
A single all-IIM fee ranking can be misleading because institutions publish different fee inclusions and occasionally revise schedules between admissions cycles. The table records current directly corroborated figures where possible, while other entries link to the responsible institution rather than recycle unverified historical prices. Using IIM fees and placements as a selection shortcut without accounting for expenses can disguise meaningful differences in financial obligations. The current intake notice is the authoritative basis for a fee decision.
| IIM | Flagship fee | Admission batch | Additional information | Official reference |
|---|---|---|---|---|
| IIM Calcutta | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Ahmedabad | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Bangalore | ₹26 lakh programme fee | 2026–28 | ₹30,000 caution deposit and ₹30,000 mess advance per term | Official institute |
| IIM Lucknow | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Kozhikode | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Indore | ₹24 lakh course fee | 2026–28 | Caution, mess and alumni charges separately disclosed | Official institute |
| IIM Shillong | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Rohtak | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Raipur | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Ranchi | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Tiruchirappalli | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Udaipur | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Kashipur | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Amritsar | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Bodh Gaya | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Nagpur | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Sambalpur | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Sirmaur | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Visakhapatnam | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Jammu | Current intake figure not confirmed | Consult current admission notice | Verify inclusions and exclusions | Official institute |
| IIM Mumbai | ₹25 lakh gross programme fee | 2026–28 | ₹50,000 refundable caution deposit; mess fees and deposit additional | IIM Mumbai admissions |
| IIM Guwahati | ₹18 lakh programme fee | 2026–28 | Refundable deposit; mess/food treatment requires checking official explanation | Official institute |
The IIM Bangalore PGP fee is ₹26 lakh for 2026–28, excluding a separate ₹30,000 caution deposit and ₹30,000 mess advance per term. Its published fee covers tuition, hostel room rent and other specified academic services. Consult IIM Bangalore’s official fee schedule before making payment.
IIM Indore lists ₹12 lakh of course fees in each academic year for its 2026–28 PGP, a total of ₹24 lakh. Additional charges include deposits and alumni-related payments. The official IIM Indore fee structure provides the instalment and additional-expense detail.
IIM Guwahati’s inaugural MBA batch has a published fee of ₹18 lakh for 2026–28. Its official FAQ says food is excluded, while its academic schedule discusses a mess advance. Prospective students should seek clarification on net food charges and adjustments. Review the IIM Guwahati MBA FAQs.
What Does the Full Cost of an IIM MBA Include?
A refundable caution deposit is a cash-flow requirement but not necessarily a final economic expense. International immersion, books or optional services may be priced separately. Students comparing IIM fees and placements should obtain a written fee schedule and avoid treating an estimated two-year cost as an official tuition quotation.
IIM Placement Packages and Reporting Standards
Placement figures should be connected to the graduating cohort, specific programme and reporting methodology. Headline offers, mean CTC, median CTC, MEP and take-home cash refer to different measurements. A new institute with no graduating students cannot have a flagship MBA placement percentage. A robust IIM fees and placements review also checks whether salary statistics are for the flagship degree, combined programmes or a specialised MBA. This prevents misleading comparisons across different candidate populations.
| Institute / programme | Graduating cohort | Officially reported measure | Source and limitation |
|---|---|---|---|
| IIM Ranchi — MBA | 2025–26 | Average CTC ₹19.26 LPA; highest CTC ₹52.50 LPA | Institute placement disclosure |
| IIM Ranchi — MBA-HR | 2025–26 | Average CTC ₹18.86 LPA | Reported separately |
| IIM Ranchi — MBA-BA | 2025–26 | Average CTC ₹21.07 LPA | Reported separately |
| IIM Calcutta — MBA | 2026 | Read latest final-placement report | Current programme report directory |
| IIM Bangalore — PGP/PGPBA | 2026 | Combined participating programme cohort | Check actual cohort scope |
| IIM Ahmedabad — PGP | 2026 | Read audited/reporting methodology | IPRS reporting archive |
| IIM Guwahati — MBA | No graduated cohort | Not applicable | First two-year MBA cohort commenced in 2026 |
These selected verified observations are not an exhaustive league table. They deliberately avoid importing unverified older data for the remaining IIMs. When building a personal shortlist, obtain the latest report for each relevant programme and record the sample, average, median, fixed pay, variable pay and any missing denominator.
Understanding CTC, MEP, Median and Take-Home Salary
| Metric | Meaning | Why it matters |
|---|---|---|
| CTC | Employer-defined annual cost including specified pay and benefits | May exceed regular cash received |
| MEP | Potential earnings under the relevant institution’s methodology | Can include contingent remuneration |
| Mean package | Arithmetic average of reported packages | Sensitive to exceptionally high offers |
| Median package | Middle package in the ordered distribution | Often better reflects the centre of the distribution |
| Highest package | Largest recorded offer under the reporting rules | Does not predict typical graduate compensation |
Consider a hypothetical five-person cohort receiving annual package figures of ₹12 lakh, ₹14 lakh, ₹15 lakh, ₹17 lakh and ₹52 lakh. The mean is ₹22 lakh while the median is ₹15 lakh. The exceptional offer materially raises the mean. The example is illustrative and is not attributed to any particular IIM.
What Does a 100% Placement Claim Mean?
An institution may report the proportion of placement-participating candidates offered jobs, not the proportion of all students who enrolled. Graduates pursuing entrepreneurship, higher studies or independent applications may be excluded from the denominator. Multiple offers to the same person cannot be counted as multiple people placed. Ask for participating students, placed students and accepted offers before comparing placement rates. Before relying on published IIM fees and placements, ask admissions staff for details of the placement-eligible cohort. A placement percentage is not useful when its underlying population is unknown.
Campus Facilities and Infrastructure Across IIMs
The institutional campus influences learning and living conditions, but does not guarantee placement outcomes. Older institutes often have longstanding libraries, hostels and research communities. Newer campuses may provide purpose-built classrooms and modern residential buildings. Facilities under construction should never be represented as operating amenities. IIM fees and placements should be considered alongside actual student facilities, particularly when a new campus is being completed. A proposed stadium or hostel is not an operational feature.
| IIM | Principal campus or setting | What to verify for the chosen intake |
|---|---|---|
| IIM Calcutta | Joka | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Ahmedabad | Ahmedabad | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Bangalore | Bannerghatta Road | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Lucknow | Lucknow | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Kozhikode | Kozhikode | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Indore | Indore | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Shillong | Shillong | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Rohtak | Rohtak | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Raipur | Raipur | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Ranchi | Ranchi | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Tiruchirappalli | Tiruchirappalli | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Udaipur | Udaipur | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Kashipur | Kashipur | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Amritsar | Amritsar | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Bodh Gaya | Bodh Gaya | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Nagpur | Nagpur | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Sambalpur | Sambalpur | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Sirmaur | Sirmaur | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Visakhapatnam | Visakhapatnam | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Jammu | Jammu | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Mumbai | Powai | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
| IIM Guwahati | New institute with transitional facilities | Current hostel allocation, teaching spaces, library, sports, healthcare and accessibility |
Before enrolling, inspect actual classroom access, accommodation, food arrangements, internet connectivity, medical support, recreation areas, transport and accessibility. If the institute operates multiple centres, establish which location hosts your programme. For IIM Guwahati, current infrastructure and future permanent-campus plans must be distinguished.
Management Programmes at IIMs: Which Pathway Fits?
| Programme type | Typical duration | Primary audience | Main comparison point |
|---|---|---|---|
| Flagship PGP/MBA | Two years | Graduates | Curriculum, fees, residential learning and placements |
| Integrated management | Usually five years | Class 12 students | UG/PG progression, exit options and total five-year cost |
| One-year MBA | Around one year | Experienced professionals | Work experience criteria, opportunity cost and placement scope |
| Specialised MBA | One or two years | Domain-focused applicants | Curriculum, roles and sector outcomes |
| Blended/part-time degrees | Varies | Professionals continuing employment | Delivery mode, attendance and degree recognition |
| Doctoral programmes | Multi-year | Research candidates | Funding, supervision and academic objectives |
Integrated Management Programmes After Class 12
Undergraduate-entry management routes at IIMs differ in course structure and qualifying examinations. The established IPM routes include Indore, Rohtak, Ranchi, Bodh Gaya and Jammu. IIM Amritsar also has a published IPM policy for its 2026–31 batch. Other IIM undergraduate initiatives should be checked for their exact degree rather than treated as identical five-year programmes. An IIM fees and placements comparison for school students must distinguish five-year commitments from two-year graduate MBAs. The total integrated-programme cost can change when postgraduate fees are revised.
| Institution | Undergraduate-entry route | Admission consideration |
|---|---|---|
| IIM Indore | Five-year IPM | IPMAT Indore and programme rules |
| IIM Rohtak | Five-year IPM | Institute’s own IPM entrance process |
| IIM Ranchi | Five-year IPM | IPMAT Indore-based admission rules |
| IIM Bodh Gaya | Five-year IPM | JIPMAT and institute criteria |
| IIM Jammu | Five-year IPM | JIPMAT and institute criteria |
| IIM Amritsar | Five-year IPM | Verify current Mathematics and academic requirements |
| IIM Bangalore | Undergraduate degree programmes | Distinct from the five-year IPM model |
An IPM can be attractive to a student already committed to management. However, the total fees may span five years and the postgraduate-phase fee may change before those years begin. Review undergraduate exit awards, academic progression rules, entrance exams and how eventual placements are reported. The PREPON IPMAT and integrated MBA guide explains the preparation pathway.
One-Year and Executive MBA Programmes
| IIM | Example programme | Appropriate applicant |
|---|---|---|
| Ahmedabad | PGPX | Experienced professional seeking full-time study |
| Bangalore | EPGP | Experienced professional considering a one-year MBA |
| Calcutta | MBA for Executives | Experienced professional evaluating a residential MBA |
| Lucknow | IPMX | Mid-career applicant evaluating Noida delivery |
| Kozhikode | PGP Business Leadership | Applicant seeking leadership-oriented management education |
| Indore | EPGP | Experienced professional |
| Udaipur | Global Supply Chain Management / Digital Enterprise Management | Applicant targeting related specialisations |
The fees, accepted examinations, work-experience requirements and placement support vary substantially. A part-time executive certificate is not automatically equivalent to an MBA degree. For example, IIM Bangalore publishes a distinct EPGP fee schedule for its 2026–27 batch, and applicants must assess its financing and career implications separately from the two-year PGP. Comparing IIM fees and placements for working professionals also requires accounting for salary forgone during a residential one-year MBA, rather than comparing programme fees alone.
Specialised MBA Programmes
| Domain | Examples of IIM programmes |
|---|---|
| Human Resources | IIM Ranchi MBA-HR; IIM Indore HRM |
| Business Analytics | IIM Bangalore PGP-BA; IIM Ranchi MBA-BA; IIM Kashipur Analytics |
| Food and Agribusiness | IIM Ahmedabad FABM; IIM Lucknow ABM |
| Operations and Supply Chain | IIM Mumbai operations specialisation; IIM Udaipur GSCM |
| Sustainability | IIM Lucknow and IIM Mumbai specialised offerings |
| Digital Management | IIM Udaipur DEM; IIM Bodh Gaya Digital Business |
| Tourism and Hospitality | IIM Sirmaur specialised offering |
A specialised name does not establish better salary outcomes. Students should review the course syllabus, faculty expertise, professional projects, recruiter sectors and jobs actually obtained by the relevant graduating programme. A general MBA may provide broader functional exploration, whereas a specialised MBA may better match a candidate with an established career direction.
Scholarships, Financial Aid and Education Loans
Financial assistance may come from institutional need-based funds, scholarships and government schemes. Eligibility, income limits and coverage differ by scheme and year. For example, IIM Bangalore permits PGP students from households with annual income below ₹8 lakh to apply for its need-based assistance, subject to evaluation. This is not an automatic entitlement to full fee support. A careful IIM fees and placements analysis should factor in borrowing conditions, not merely the headline cost. Two applicants paying the same institutional fees may incur different loan interest expenses.
- Check the institutional scholarship policy and applicable admission cohort.
- Compare loan interest, moratorium, collateral terms, co-borrower requirements and processing costs.
- Calculate realistic monthly repayments under more than one post-MBA earnings scenario.
- Keep reserve funds for living expenses and unexpected delays.
How to Evaluate IIM Return on Investment
Dividing programme fees by the published average package does not calculate investment return. A salary package may include non-cash or variable compensation, while fee figures omit financing and opportunity cost. The better question is whether total financial obligations are affordable under realistic outcomes. Compare the broader PREPON guide to MBA college ROI for complementary decision criteria.
How to Shortlist the Right IIM
A final shortlist should reflect programmes for which the student is genuinely eligible. A college at the top of a ranking is not necessarily affordable, accessible or suited to an applicant’s career interests. Students can also compare established alternatives through the PREPON guide to non-IIM MBA colleges. A final IIM fees and placements shortlist should be tested against actual admission offers and candidate-specific goals. Prestige is only one variable in a potentially expensive decision.
Common Mistakes When Comparing IIMs
- Treating the highest package as a typical salary.
- Comparing two-year fees with one-year fees without adjusting for duration.
- Using placement data from different graduating years as a single current ranking.
- Confusing CTC, MEP and guaranteed fixed cash compensation.
- Assuming every enrolled student participated in campus placements.
- Treating campus plans as existing hostel or classroom facilities.
- Assuming every management certificate is an MBA degree.
- Ignoring loan interest, opportunity cost and additional compulsory charges.
- Assuming every institute uses the same CAT or IPM selection route.
- Treating historical achievements as guaranteed future placement outcomes.
Profiles of All 22 IIMs
1. IIM Calcutta
Its MBA curriculum includes core courses, internship training and second-year electives. Students should read the relevant final-placement report and distinguish the MBA from MBA for Executives. The Joka campus has an established residential identity. See the official institutional website for current admissions and detailed facilities.
2. IIM Ahmedabad
The institute offers a flagship PGP, a food-and-agribusiness pathway, PGPX and blended management education. Its IPRS reports provide an important example of why compensation definitions must be read carefully. See the official institutional website for current admissions and detailed facilities.
3. IIM Bangalore
The main PGP has a published 2026–28 fee of ₹26 lakh; the EPGP has a separate pricing structure. Students interested in analytics should compare PGP and PGP-BA programme outcomes rather than assuming they are independently reported. See the official institutional website for current admissions and detailed facilities.
4. IIM Lucknow
Management programmes include general management and agribusiness, with other offerings at Noida. Applicants should check the location of the programme and read the relevant 2026–28 fee circular linked from the MBA programme page. See the official institutional website for current admissions and detailed facilities.
5. IIM Kozhikode
The institute offers a flagship PGP alongside finance, liberal-studies and leadership-oriented programmes. Its fee documents and placement releases should be compared by the applicable programme and year. See the official institutional website for current admissions and detailed facilities.
6. IIM Indore
A well-established five-year IPM route complements the flagship MBA, HR-focused management and executive programmes. Its 2026–28 PGP course fee is ₹24 lakh before separate charges. See the official institutional website for current admissions and detailed facilities.
7. IIM Shillong
The institute offers postgraduate and executive management education in Meghalaya. Candidates should confirm the programme’s actual location, hostel allocation and current fee and placement reporting before enrollment. See the official institutional website for current admissions and detailed facilities.
8. IIM Rohtak
Undergraduate-entry integrated management and law-related offerings sit alongside its flagship management programme. Different entrance assessments apply, making programme-specific admission rules essential. See the official institutional website for current admissions and detailed facilities.
9. IIM Raipur
The institute provides postgraduate management and executive education from its Chhattisgarh campus. Its residential and career offerings should be compared with other IIMs using the latest programme records. See the official institutional website for current admissions and detailed facilities.
10. IIM Ranchi
The institute separately publishes MBA, MBA-HR and MBA-BA compensation results. For 2025–26, their average CTC values are ₹19.26 LPA, ₹18.86 LPA and ₹21.07 LPA respectively. See the official institutional website for current admissions and detailed facilities.
11. IIM Tiruchirappalli
The Tamil Nadu institute offers general management, HR-oriented postgraduate education and programmes for experienced candidates. Compare on-campus study with other delivery centres and formats. See the official institutional website for current admissions and detailed facilities.
12. IIM Udaipur
Its full-time MBA exists alongside one-year programmes in Global Supply Chain Management and Digital Enterprise Management. The one-year programmes publish separate audited compensation measures. See the official institutional website for current admissions and detailed facilities.
13. IIM Kashipur
The Uttarakhand institute offers management education with analytics-focused options and executive pathways. A domain-specific programme should be evaluated through curriculum and actual hiring roles. See the official institutional website for current admissions and detailed facilities.
14. IIM Amritsar
Its offerings include general MBA, HR and analytics, with a published 2026–31 IPM admission policy. Undergraduate applicants must scrutinise qualifying-subject and eligibility conditions. See the official institutional website for current admissions and detailed facilities.
15. IIM Bodh Gaya
The institute offers a flagship MBA and an undergraduate-entry IPM pathway, alongside specialised management courses. Students evaluating the integrated programme must budget for changing postgraduate-phase fees. See the official institutional website for current admissions and detailed facilities.
16. IIM Nagpur
Its permanent campus serves postgraduate and executive management education. Applicants should evaluate the relevant programme’s full cost, internship opportunities and recruitment records. See the official institutional website for current admissions and detailed facilities.
17. IIM Sambalpur
The Odisha institute offers postgraduate and executive management education. Student decisions should be grounded in current operational campus features and official programme-level outcomes. See the official institutional website for current admissions and detailed facilities.
18. IIM Sirmaur
Its programme portfolio has included tourism and hospitality management alongside general management. Campus development and current accommodation availability should be checked for the chosen intake. See the official institutional website for current admissions and detailed facilities.
19. IIM Visakhapatnam
This Andhra Pradesh institute grew with early mentorship from IIM Bangalore. The latest independent admissions and placement disclosures are the appropriate basis for comparing programmes. See the official institutional website for current admissions and detailed facilities.
20. IIM Jammu
The institute offers a flagship MBA and an IPM route that has used JIPMAT, as well as healthcare-related management options. Applicants should compare the costs of complete degree pathways. See the official institutional website for current admissions and detailed facilities.
21. IIM Mumbai
Its NITIE predecessor was established in 1963; it gained IIM status in 2023. The 2026–28 gross MBA programme fee is ₹25 lakh with a separate refundable caution deposit and mess charges. See the official institutional website for current admissions and detailed facilities.
22. IIM Guwahati
The inaugural MBA batch began in 2026, and no MBA graduates have entered its final-placement process as of November 2026. Its published two-year fee is ₹18 lakh; verify exact food-cost treatment. See the official institutional website for current admissions and detailed facilities.
Frequently Asked Questions About IIM Fees and Placements
How many IIMs are there in India?
There are 22 IIMs as of November 2026, including IIM Mumbai and IIM Guwahati.
Which was the first IIM in India?
IIM Calcutta was established in November 1961, ahead of IIM Ahmedabad later that year.
Which is the newest IIM?
IIM Guwahati is the newest, with its inaugural two-year MBA batch beginning in July 2026.
How much does the IIM Bangalore PGP cost?
The published programme fee for 2026–28 is ₹26 lakh, with separate caution deposit and mess advances.
What is the IIM Indore MBA fee?
The 2026–28 flagship PGP course fee is ₹24 lakh in total, before listed additional charges.
What is the fee at IIM Guwahati?
Its inaugural 2026–28 MBA fee is ₹18 lakh; clarify applicable food and mess adjustments directly with the institute.
Does IIM Guwahati have placement results?
Not yet for its two-year MBA; the inaugural 2026–28 batch has not graduated as of November 2026.
Are IIM fees the same for every programme?
No. Flagship MBA, IPM, one-year MBA and specialised programmes can have different fee schedules.
What does LPA mean in placement reports?
LPA means lakhs per annum, used to express a rupee-denominated annual compensation amount.
What is the difference between mean and median packages?
The mean is the arithmetic average, whereas the median is the middle observation after ordering the reported values.
Is CTC equivalent to take-home salary?
No. Employer CTC can include benefits and non-cash or variable components that are not regular cash paid to an employee.
What does MEP mean?
Maximum Earning Potential is the potential remuneration under an institute’s reporting methodology, which may include conditional components.
Does a 100% placement claim cover every enrollee?
Not necessarily. Check whether the denominator includes all graduates or only students participating in the placement process.
Can a student join an IIM after Class 12?
Yes. Some IIMs offer IPM or other undergraduate-entry programmes; their structures and entrance requirements differ.
Which entrance exams are used for IPM?
Depending on the institute, routes may use IPMAT Indore, IPMAT Rohtak, JIPMAT or another specified selection process.
Do all IIM courses require CAT?
No. Some undergraduate, executive and specialised programmes use different assessments or entrance examinations.
Are scholarships available at IIMs?
Some IIMs and government schemes provide aid subject to their current eligibility and funding conditions.
Can working professionals pursue an IIM MBA?
Yes. Full-time one-year, executive and blended pathways are available, with programme-specific eligibility rules.
Are IIMs guaranteed to place every graduate?
No. Historical placement statistics should not be interpreted as a legal guarantee of employment.
Should students compare IIMs using their highest package?
No. Review programme-specific median and average outcomes, role distribution and reporting methodology as well.
How does a newer IIM differ from an older one?
Institutional age may affect alumni networks and infrastructure, but does not by itself establish programme suitability.
Is an IPM always a five-year qualification?
Many IPM programmes are five years, but some IIM undergraduate offerings have different structures and credentials.
How should students evaluate IIM MBA ROI?
Assess total attendance cost, borrowing, foregone income, realistic earnings and career fit rather than dividing fee by headline CTC.
Can an established non-IIM college be better for a student?
Yes. A non-IIM programme may offer a more suitable curriculum, financial commitment or career pathway.
How should students choose between two admission offers?
Compare degree, actual fee schedule, programme placement report, academic fit, financial aid and realistic career opportunities.
Final Thoughts: Choose the Programme, Not Just the Institution
India’s management education landscape offers multiple entry points and diverse institutional histories. Comparing IIM fees and placements responsibly means examining the full cost of attendance, programme-specific compensation, eligibility, campus facilities and career fit. No salary statistic or institutional ranking can replace a considered individual decision.
PREPON supports structured entrance preparation, interview readiness and informed MBA decision-making. Explore the CAT 2027 preparation strategy and use official admission notices to make your shortlist. Results. Not Just Resources.
