How affordable is studying MBA in IIMs?

 

Achieving MBA at the IIMs is expensive. A full-time MBA course range from 10 lakh to 23 lakh. IIM Bodhgaya has the lowest costs of 10.60 lakh, whereas IIM Ahmedabad, IIM Bangalore, and IIM Calcutta have the highest fees of 23 lakh. Pursuing MBA from the IIMs is expensive. The costs of a full-time MBA course vary from 10 lakh to 23 lakh. IIM Bodhgaya has the lowest prices of Rs 10.60 lakh, whereas IIM Ahmedabad, IIM Bangalore, and IIM Calcutta have the highest fees of 23 lakh. 

Students from below 14 top IIMs in India have to pay between Rs 10-17 lakh as MBA fees:

• IIM Sambalpur
• IIM Nagpur
• IIM Kashipur
• IIM Rohtak
• IIM Udaipur
• IIM Trichy
• IIM Raipur
• IIM Ranchi
• IIM Shillong
• IIM Bodh Gaya
• IIM Sirmaur
• IIM Amritsar
• IIM Udaipur
• IIM Vizag

Students from below 6 top IIMs in India have to pay between Rs 17-25 lakh as MBA fees:

• IIM Kozhikode
• IIM Indore
• IIM Lucknow
• IIM Bangalore
• IIM Ahmedabad
• IIM Calcutta

Refer to the infographic below to get a detailed overview of average fees for IIMs in India:

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What are the study options after MBA from IIMs?

MBA graduates from IIMs can select from multiple courses to pursue higher education or certification. The popular courses are mentioned below:

• Chartered Financial Analyst (CFA)
• Financial Risk Manager (FRM) Exam
• Certified Information Systems Auditor (CISA)
• Certification in Risk Management Assurance (CRMA)
• Certified in Production and Inventory Management (CPIM)
• Project Management Professional (PMP)
• Second MBA from an international business school

MBA Specialisations offered at IIMs Colleges in India

Most of the IIMs mostly offer general MBA with specialisation in final year, but there are a few campuses where candidates can get specialisation. For example IIM Ranchi offers MBA in Human Resources, IIM Lucknow offers MBA in Agri Business and IIM Bangalore offers MBA in Business Analytics to name a few.

• General Management
• Marketing
• Operations Management
• Agri-Business
• Healthcare Analytics
• Event Management and PR
• Marketing
• Finance Management
• Marketing
• Finance and Marketing
• Industrial Engineering

Refer to the infographic below to get a detailed overview of the top Engineering specialisations offered by IIMs colleges in India:

What are the MBA Entrance Exams recognized from IIMs?

IIMs accept the CAT exam for admission into MBA/PGP. To offer Executive MBA courses, the institutes will conduct individual written tests for applicants. EMAT is administered in conjunction with IIM Kozhikode for its EPGP program. International students can apply for IIMs by submitting GMAT/GRE scores.

The IPMAT is administered through IIM Indore for IPM (5 years integrated management) program after class 12. Similar to that, IIM Rohtak conducts IPM Aptitude Tests to determine the eligibility of its IPM program. IIM Jammu, Bodhgaya, and Ranchi accept JIPMAT scores for admission to their IPM programs.

 

The Indian Institute of Management(IIMs) campuses are independent public institutions for education management and research in India run through the IIM council. IIM council. The establishment of IIMs was first envisioned and established by the former Prime Minister of India, Pandit Jawaharlal Nehru. They were registered as institutions under the Indian Societies Registration Act; the first IIM was founded in November 1961 in Joka, Kolkata, West BengalaEUR" IIM Calcutta. All IIMs mainly offers Post-Graduate, Executive Education, and Doctoral Programs with a few specialized programs at their colleges.

IIM Eligibility Criteria

To be admitted to various programs of IIMs, they require you to pass the Common Admission Test (CAT) with a minimum of the 98th percentile. For the CAT exam, you need to have an undergraduate degree with 50 percent marks or equivalent CGPA (45 percent to be eligible for Schedule Caste (SC), Schedule Tribe (ST), and Persons With Disability (PWD. Candidates taking this year's final Bachelor's degree or equivalent exam and candidates who've completed their degree requirements and are waiting for results are also eligible to apply. And those candidates will be admitted to join the program provisionally, with a certificate from the Principal/Registrar of the University/Institution. 

The majority of the IIMs Colleges are top-performing in their management programs in India. Let's take a look at the most prestigious IIMs branches as per their rankings

1. Indian Institute of Management Ahmedabad (IIM-A)

Indian Institute of Management Ahmedabad (IIM-A) is the second and most prestigious IIM founded immediately following IIM Calcutta on December 11, 1961, in Ahmedabad, Gujarat. It is among India's best public business schools, which is frequently called WIMWI (Well-known Institute Of Management In Western India). The IIM branch was ranked No. 1 by the India Business Line's Hindu Business Line-MBA Universe in 2016.

2. Indian Institute of Management Bangalore (IIM-B)

Indian Institute of Management Bangalore (IIM-B) is located in one of the technologically advanced cities in India with a top-of-the-line infrastructure with top-quality faculties. The institute is in the third cohort of IIMs established around 1973 and located and located in Bangalore, Karnataka. It is among the top Indian institutions for management. According to the National Institutional Ranking Framework (NIRF) list published in April 2016, posted by the Government of India, it is the Topmost Indian Management Institute.

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.3. Indian Institute of Management Calcutta (IIM-C)

Indian Institute of Calcutta (IIM-C)is the nation's first Postgraduate studies and Research Institute by the Government of India and in collaboration with Alfred P. Sloan School of Management (MIT), the Government of West Bengal, The Ford Foundation and Indian industry founded on November 13 of 1961 (54 years) invoke, Kolkata, West Bengal. It is regarded by the top Asian Business Schools with the top spot consistently throughout India and the Asia Pacific region. In 2016, it was listed as number. 2 in The India Business Line-MBA World.

 

4 Indian Institute of Management Indore (IIM-I)

Indian Institute of Management Indore (IIM-I) campus is a photographer's dream with a stunning view, home to various species of birds. This is the 6th addition to independent IIM College was established in 1996 in Indore, Madhya Pradesh. It was the first IIM to open operations outside India

 

5.Indian Institute of Management Lucknow (IIM-L)

Indian Institute of Management Lucknow (IIM-L) is the fourth installment of the Prestigious IIMs Business School. It was founded by the year 1984. It was established at Lucknow, Uttar Pradesh, to better management to create betterment of the nation and is the mentor for the new IIMs, including IIM Rohtak and IIM Kashipur. It was the first IIM institute to establish an affiliated campus located in Noida, Delhi NCR, exclusively designed to provide executive education in 2005. The IIM College has tied tie-ups with 24 of the most prestigious B-Schools globally to give exchange students. According to a report by The Times of India City in February of 2016, IIM Lucknow's placement was 100%, with 22% in the finance sector, 25% in marketing and sales, and 21% in consultancy, 15 percent in e-commerce percent jobs in systems and IT and 7% for the general the management field.

 

6 Indian Institute of Management Ranchi (IIM-Ranchi)

In 2010, to meet the needs of highly skilled managers, the Indian Institute of Management Ranchi (IIM-Ranchi) was founded in Ranchi Jharkhand, under the supervision of the Ministry of Human Resources Development and the government of India. May 06, 2016, Economics Times reported that IIM Ranchi Campus had seen an increase of 40% in the number of job offers and pre-placement applications compared to last year's figures. In the 1st recruitment drive in 2016, it was offered 171 places.

 

7 Indian Institute of Management Kashipur (IIM-Kashipur)

To offer top-quality management education and elite leaders for this country, the Indian Institute of Management Kashipur (IIM-Kashipur) was founded in the year 2011 located in Kahipur, Uttarakhand. The 2016-18 class of students are scheduled to be admitted to their permanent campus on approximately 200 acres within Kashipur's Escorts Farm area in Kashipurwith the aid of in-house loans for education. It's the first IIM campus to receive assistance from Broadcast Engineering Consultants India Limited (BECIL) to establish a Community FM Radio Station through a Memorandum of Understanding (MOU) signed by the two.

 

8 Indian Institute of Management Rohtak (IIM-R)

Indian Institute of Management Rohtak (IIM-R) is the 8th installment founded at the end of November at Rohtak, Haryana. IIM Lucknow mentored it in its initial year of being established, and it's the first IIM to be accepted from the Union Cabinet. In the IIM above, Lucknow was inaugurated by Mr. Ravi Kant, former Vice Chairman of Tata Motors Ltd. Recently, IIM Rohtak introduced live and interactive learning in digital format by offering online courses in entrepreneurship.

 

9 Indian Institute of Management Kozhikode (IIM-K)

The institute is located on two hillocks in the Kunnamangalam Area of the ancient city of Calicut in Kerala; the Indian Institute of Management Kozhikode (IIM-K) was founded in 1996 in partnership with The State Government of Kerala. It is among the Indian Management institute to have SC/ST students a quota within its Postgraduate Course regularly. They are also CountryaEUR(TM)s top-ranked institution having a Digital Library Development Centre.

 

10 Indian Institute of Management Raipur (IIM-Raipur)

It was inaugurated by Chief Minister Chhattisgarh the Honourable Mr. Raman Singh on October 10, 2010. Indian Institute of Management Raipur (IIM-Raipur) was established by The Government of India and the Ministry of Human Resource Development located in Raipur, Chhattisgarh. It currently operates out of its Government Engineering College Campus, Raipur.

11. Indian Institute of Management Shillong (IIM-S)

With a goal of expansion and the mobilization of research and education facilities in India's north-eastern region, the Indian Institute of Management Shillong (IIM-S) was established on July 07, 2007, at Shillong, Meghalaya. The institute was set up in Shillong's Mayurbhanj Palace, the summer retreat of the Mayurbhanj Kings of Odisha, and was established by Shri. Arjun Singh, the Union Secretary for Human Resource Development. A former president A.P.J. Abdul Kalam gave his last speech on the importance of creating a sustainable Planet within the IIM Shillong College in 2015. In the past, the college made him a special guest through the launch of the Dr. A.P.J. Abdul Kalam Lecture Series on the 1st anniversary of his death.

 

12.Indian Institute of Management Trichy (IIM-T)

Indian Institute of Management Trichy (IIM-T) was founded in January 2011 by the HRD and Telecommunication Minister Mr. Kapil Sibal, Government of India, under IIM Bangalore's direction. Meleveetil Damodaran, former SEBI director governors board chairman and ex- IIM Calcutta Professor Prafulla Agnihotri, is director of the college.

 

13. Indian Institute of Management Udaipur (IIM-U)

Indian Institute of Management Udaipur (IIM-U) is an IIM founded in 2011 by the Central Government of India during its Eleventh Five-Year plan in 2011 within Udaipur, Rajasthan. It presently operates at a temporary location within the Polymer Science Building, Mohanlal Sukhadia University (MLSU). The campus will be moved into the 253-acre (102 acres) located within Balicha, Udaipur, after the conclusion of construction. For admission to various programs of IIMs, it is necessary to pass the Common Admission Test (CAT) at a minimum of 98 percent. For CAT exam, you must possess an undergraduate degree with a minimum of 50% marks or an equivalent CGPA (45 percent in the case of Schedule Caste (SC), Schedule Tribe (ST), and Persons With Disability (PWD. Candidates who will be taking an examination in the last year of the Bachelor's degree or equivalent exam and individuals who've completed their degree requirements and are waiting for results may also apply. And those candidates will be admitted to join the program provisionally, with a certificate from the Principal/Registrar of the University/Institution.

 

marketing, 21% in Consultancy, 15% in e-commerce, 10% jobs in IT and systems and 

Newly opened IIMs:

1. Indian Institute of Management Nagpur (IIM-N)

2. Indian Institute of Management Visakhapatnam (IIM-V)

3. Indian Institute of Management Bodh Gaya (IIM-BG)

4. Indian Institute of Management Amritsar (IIM-Amritsar)

5. Indian Institute of Management, Sambalpur (IIM-Sambalpur)

6. Indian Institute of Management, Sirmaur (IIM-Sirmaur)