Old vs New vs Baby IIMs: An honest ROI comparison

There are 22 IIMs (Indian Institute of Management) in India, divided into three categories based on their establishment dates: Old IIMs, New IIMs, and Baby IIMs. In this article, we have provided you with an honest ROI comparison of all these IIMs.

Old vs new vs baby IIMs comparison

Old Vs New Vs Baby IIMs: There are 22 IIMs (Indian Institute of Management) in India. These 22 IIMs are divided into three different categories based on the date of their establishment: Old IIMs, New IIMs and Baby IIMs. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, and IIM Indore are known as BLACKI for their exceptional placements. New IIMs, such as IIM Shillong and IIM Udaipur, are also trying to build up their reputation by providing exceptional academics, expert faculty and top-notch placements. IIMs definitely have higher fees as compared to other management institutions; therefore, all IIM aspirants want to get the best of it. This article will talk about all these IIMs in detail, along with their fee, placements, and return on investment, helping MBA aspirants to take a wise decision on admission.

IIM Categories Explained: Old, New and Baby IIMs

IIMs are divided into different categories based on certain parameters. These parameters and how these IIMs are divided are provided below in the table:

List of 22 IIMs Classified as Old, New and Baby

As mentioned above, all 22 IIMs are divided into old, new and baby categories. The list of all 22 IIMs based on their category is provided below:

How We Measure ROI for an IIM MBA?

ROI (Return on investment) simply means the reward you gain after spending. IIM has higher fees as compared to other management institutions. Most students take an educational loan to get enrolled in IIMs; however, if you aren’t getting good placement or exposure, then there is no point in spending so much. Therefore, students must always check for the fees, placement and ROI of the IIM they’re applying for.

ROI can be calculated like this: Returns ÷ Total Cost

High ROI colleges can make students receive the fee or cost spent on the college within the time duration of 2-4 years. Top IIMs often justify their fees as they provide students with a 10- 15-year career zone with good exposure and top-notch placements.

Factors affecting IIMs ROI

Certain factors impact the IIMs return on investment. Some of these factors are provided below:

• MBA specialisation matters in placement and ROI. A specialisation with more value and less competition will definitely have higher ROI as compared to others.

• Location impacts the return on investment; areas like Delhi, Bangalore and Mumbai have better exposure.

• Your skills and knowledge play an important role in getting you selected during the placements with higher value.

IIMs placement and fees comparison

IIMs along with their total fees, highest CTC and average CTC are provided below in the table. MBA aspirants are required to check for the fee, placement and the networks IIM will provide before taking admission.

Note: Fees are subject to change. Therefore, for accurate fee data, refer to IIM’s official website.

Also read: IIM Fees

Old vs New vs Baby IIMs ROI Comparison: Which One Wins?

It is very important to compare IIMs based on their placement rate, average package, median package, top recruiting sectors and ROI. All of these factors have been analysed and provided for different IIMs below:

Read more:

• IIM Placements

• MBA Placements: Placement Report of Top B-Schools in India

• MBA Placement -The Ultimate Goal?

• Lowest packages offered at IIMs and other B-Schools