IIM Ahmedabad - Indian Institute of Management

The following are the requirements for admission to the Indian Institute of Management Ahmedabad's (IIM Ahmedabad) MBA programme (Post Graduate Program in Management, PGP):

• A minimum of 50% in any field or an equivalent CGPA is required for a bachelor's degree or its equivalent. A minimum of 45% of marks is necessary for those who fall into the Scheduled Caste (SC), Scheduled Tribe (ST), or Persons with Disabilities (PwD) categories.
• The Common Admission Test (CAT), which is administered by the IIMs, is required of candidates. PI and WAT invite the shortlisted candidates. For the final selection, performance in these areas is crucial.
• Several criteria go into the ultimate decision-making process, including diversity, job experience, CAT score, academic background, and WAT and PI performance.

Admission to IIM Ahmedabad in 2024 is mostly determined via entrance. This school is well-known for its flagship PGP (also known as MBA) degree, which is a two-year, full-time, residential programme that admits students with a valid CAT score. The previous year's CAT percentile for IIM Ahmedabad was as high as 99.6, indicating how difficult it is for a student to be admitted to this university. The minimal eligibility requirements for the course include graduation with a minimum of 50% aggregate (45% aggregate for SC, ST, and PwD applicants). The candidate needs to have received a total percentage of almost 50% in both Class 10 and Class 12 exams.

The MBA fees at IIM Ahmedabad typically range from INR 12 Lacs to 25 Lacs for the entire duration of the program. This fee structure covers the comprehensive curriculum and resources provided by the institute, ensuring a high-quality educational experience. Students enrolled in the two-year post-graduate programme or the PGP-FABM course gain access to a rigorous academic environment, complemented by practical learning opportunities and industry exposure. Additionally, the institution offers the Double Degree (DD) program, enabling selected students to pursue dual degrees by studying at both their home institution and a host institution. With an average package ranging from INR 20 Lacs to 31.5 lakhs, the MBA at IIM Ahmedabad offers a promising return on investment for aspiring management professionals.

Comparing the MBA programs at SJSOM IIT Bombay and IIM Ahmedabad reveals significant distinctions favoring IIM Ahmedabad. IIM Ahmedabad, established as a premier management institution, consistently ranks among the top business schools in India and globally, renowned for its rigorous curriculum, distinguished faculty, and vast alumni network. Its strong industry connections and high placement records attract top-tier recruiters, offering graduates superior career prospects. While SJSOM IIT Bombay also boasts a reputable MBA programme with a focus on integrating management with technology, and strong ties to the engineering domain, it generally doesn't match the prestige and extensive opportunities provided by IIM Ahmedabad. Consequently, for students prioritizing broad managerial expertise and elite placement opportunities, IIM Ahmedabad is typically the better choice.

IIM Ahmedabad consistently ranks among the top global business schools, according to respected sources such as the Financial Times and QS World University Rankings. In 2023, it secured the 51st position in the Financial Times rankings, with a three-year average rank of 54. Additionally, the QS World University Rankings placed it 23rd globally in the Masters in Management category in 2018. Notably, IIM Ahmedabad's flagship management programme is renowned for its rigorous admission process, admitting less than 0.1% of applicants, contributing to its reputation as one of the most challenging MBA programs to gain entry to worldwide. These consistent top rankings and the program's exclusivity solidify IIM Ahmedabad's status as a prestigious institution in the realm of management education.

No, Cyprus Business School is not necessarily a better option than IIM Ahmedabad, India for doing MBA. From the perspective of an Indian student, Cyprus Business School is an ideal option for pursuing your Bachelors degree. But when we talk about the most viable option of the two for pursuing an MBA, IIM Ahmedabad proves to be ideal.

This can be attributed to its higher rankings in the top 400 globally while Cyprus Business School stands at #661 position overall.  Moreover, IIM with its reputed pedagogy and faculty along with promising results in the Indian landscape can be more beneficial for those who are looking its establish their footing within the domestic arena.