Every year I get asked by a whole lot of students as to whether the new IIMs are worth going to or whether they are better options when compared to B-School X or Y; and some rhetorically ask whether they can give as good returns as the older IIMs. In this post, I will attempt to answer this query as objectively as I can.
Let me start off by asking a question – how would you perceive someone if I were to tell you that he is an IIM Indore or IIM Kozhikode Alumnus? Will you ask me which year did he graduate in? I bet – you wouldn’t. In all probability you will have the same perception about this individual irrespective of his year of graduation. So whether the individual graduated in 1998 or 2005 or more recently from the B-School – the value of the tag that he will derive today from Brand IIM would be the same. Of course, it’s a different thing that not all individuals live up to the expectations set by having this tag. I remember an HR Head once telling me, “ IIM se hai, toh ek baar milna toh banta hai” (If he is from an IIM, I would at least like to meet him once to explore if there are any suitable opportunities.) I am sure that 10 years from now the same will be true for an alumnus of any of the newer IIMs. To sum up, you should not undermine the advantage of having an IIM tag.
Are the new IIMs as good as the old IIMs?
To put it straight and simple, it is a very unfair comparison. The older IIMs will always have the advantage of having an established brand that started decades ago (IIM A/C – 1960s, IIM B-1970s, IIM L-1980s, IIM I/K-1990s), a strong alumni network that already exists in the industry, state-of-the-art infrastructure, best-in-the-industry faculty, international student exchange programs and last but not the least – very good placement records. In fact, you will find variations in perceptions even between an IIM A and an IIM L for example – but does that make IIM L a bad choice for management aspirants?
The new IIMs may not match the reputation of older IIMs – but in reality, how many other non-IIM B-Schools can really claim to have matched the same. What we only need to analyze is whether these new IIMs are on their way to being centres of excellence – with processes, faculty, infrastructure, student clubs & committees, events, exchange programs and industry recognition on their way to catching up with the older IIMs (to a large extent if not completely). As the new IIMs have the unique advantage of being mentored by the older IIMs – we should not be surprised if the new IIMs catch up sooner than expected.
Here’s a little bit of information about these institutes:
What are the alternatives?
Reject a B-School only when you have a better option. There are about 4000+ B-Schools in India and the new IIMs will rate better than most of them, simply because of their IIM tag. There are only a handful of non-IIM B-Schools that you may prefer over the new IIMs – ISB, JBIMS, XLRI, FMS, S.P.Jain and MDI, to name a few. A better option could also be continuing with your job or taking up a job– if you strongly believe you can improve your CAT scores or your profile or both by waiting for another year, or if you believe you already have a profile better than what you are likely to get from the new IIMs. In any case – do not reject a new IIM before the selection process is even complete. Go for the WAT-PI, get selected – and then take a decision to join or not based on the alternatives that you have. Believe me – it will be a different feeling to reject an IIM;-)
The baby IIMs
A quick word about the IIMs started last year (IIM Nagpur, IIM Amritsar, IIM Sirmaur, IIM Bodh Gaya, IIM Sambalpur and IIM Vishakhapatnam) : If you join these IIMs, you are sure to face a whole lot of teething problems as you will only be the second batch graduating from this institute. But if you are someone who wants to be a part of the institute building process, and you do not have a better alternative then you must surely consider joining these institutes. These institutes are also being mentored by the older IIMs (IIM Nagpur, for example, is being mentored by IIM Ahmedabad – and this fact by itself should give you a lot of confidence about graduating from here)
To summarize
Take the decision of joining or not joining a new IIM only after you have carefully evaluated your own profile and the options that you have otherwise. I am sure that a new IIM will be a good option for most MBA aspirants and they would be well-advised to join any of these institutes, if they do get selected.
IMS VKpedia 
Hi Sir. Thank you for the post.
I have a question. What is the pedagogy in the new IIMs and the Baby IIMs? I have read that the academic rigor in the old IIMs prepares the student for life! Is it the same in all the new/baby IIMs as well. Can I take the risk of joining a baby IIM(Nagpur/Sirmaur and likes) ad expect a strict teaching regime at par with the top institutes of the country?
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The new IIMs have been and baby IIMs will be mentored by one of the 6 older IIMs in the early years…the pedagogy is therefore likely to be influenced by the mentor…though not necessary.
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Dear Sir,
I have converted Tapmi. IMT G result will be announced soon. I will also convert SIIB and SIBM I&E. Some interviews are left: XIMB(BM and HR), IMI Delhi, IIT Kharagpur, IIM Ranchi Pgdhrm. I am not sure how to rate these colleges. Please guide me. I am open to all options.
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Nothing about IIM Shillong ? Older than Newer IIM’s and newer than IIM I ,K
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Will surely try to come up with a post:-)
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Hello Sir. I am interested in pursuing a career in finance. I have calls from all the new IIMs. Can you please suggest which parameters should I consider while choosing my B school. . Moreover trichy and udaipur are shifting to their permanent campus this year. How important this will be in the long run?
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Hi Raghav..apologies for the delay in reply…you can simply go by the list of recruiters visiting these campuses. If you read my blog you will see that each of these campuses have their own mix of recruiting industries and roles offered. The brand value of most of these colleges is almost at par – so choosing a particular institute over the other will not make a huge difference in the long run.
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Hi Sir,
I have a 3.5 yrs work ex in software development and quality assurance. I cracked New IIM Trichy and Udaipur this year. Shall I join them or give GMAT and try ISB/foreign universities?
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With 3.5 years of experience, it would be advisable to explore international education options and also ISB in India…with a decent GMAT score you have a very good chance at ISB…If you need a profile assessment to evaluate your chances of making it to a good B-School abroad write to consulting@imsindia.com with a copy of your resume…you can refer my name in the mail:-)
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Sir will not MBA from foreign universities prove costly affair and how are the ROI?
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Hi Sir,
I got a call from IIM Udaipur for PGDM and also from MDI for PGPHRM. I always want to do MBA in General Management, Operations & Consultancy. Also I am in the waitlist in IIM Ranchi. If I convert which one I should choose? Please Guide. I am confused..
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I would suggest you join IIM Udaipur or Ranchi…given your interest in General Management/ Ops/Consulting. Disclaimer: This advice is in the absence of profile details and on the assumption that you wish to pursue an MBA this year itself.
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Hi sir, I also got a call from IIM Raipur. Then which one I should choose? IIM udaipur, IIM Ranchi or IIM Raipur? I have 27months of exp. in IT sector.X-90.2%XII-80.57% and B.Tech in Electrical- 79.7%. Please guide.
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Hi…your choice could be based on the specialisation you wish to pursue and the recruiters that visit these campuses for the same…as a brand Udaipur and Ranchi have developed a slightly better perception..
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Hi sir, would u recommend XIMB or IIM udaipur? (for a 3+year experience in IT field)
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Might be equivalent in terms of initial outcomes…but in the long run the IIM tag can be more useful:-)
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Hi sir , i have converted iim trichy and iim raipur which one to prefer( fresher) ?
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Nothing much to choose between the two…very similar to each other…you may decide on the basis of function you want to work in post-MBA..and maybe the list of preferred recruiters…in the long run choosing either of these will turn out to be equally good..
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Hi Sir, thank you for such a guiding post….among IMT G IIM Vizag, Nagpur and simraur, what would be the order of preference? (for a 3+year experience in IT field)…..how good would be the baby iims
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IIM Nagpur followed by IIM Vizag or IIM Sirmaur…if you have to do it this year itself…you can always explore giving it another shot and getting into better colleges since you already have 3 years of experience.
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So the Baby IIM’s above IMT G…….should i go ahead with another attempt at CAT or will choosing among these options would be good
Profile :
x : 87.8
xii : 85.2
Grad: btech: 74.38
exp : 45 months IT
CAT 2015 : 94.67(No Preperations)
Thanks
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With 45 months of experience and no serious prep last time – my advice would be to take CAT again and more so also take GMAT and open up ISB and possibly a few international options as well. In fact you are also eligible for the IIM B Executive Program (via GMAT).
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Sir , i got a seat in iim rohtak only. Im SC category, 10th 92%, 12th 89%, ug- B.E. 69%. CAT 76.26 percentile. IF I COULD INCREASE my percentile as high as possible next year, can i get top iims than this rohtak? and i have no work ex till now. or all the iims same ? or next try is worthy >? help me
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Yes..you do have a chance to getting into better B-Schools. Work on improving your CAT scores substantially and also improve your profile – with achievements at work place, certifications, etc.
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Hi Sir, my profile is general, Xth 89.4%, XIIth 95.5% , graduation engineering 7.91. i worked for 7 months as a product developer, and then 13 months at ZS Associates
I got a convert from IIM Rohtak only. Will it matter much if I wait another year to crack old IIMs or should I go ahead with IIM Rohtak.Going forward, I Want to work as product manager
If I stay back, how should I improve my profile
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I would suggest that you wait for another year – you have a very good profile and you can make it to better B-Schools provided you can increase your CAT scores.
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Hi sir, I have been selected in IIM Trichy, Kashipur, Rohtak, waitlisted in Raipur and Udaipur(but hopeful for a sure conversion). My profile is 82.6%, 66.2%, 58.04%, in Xth, XIIth, Grad(Engg from Maharashtra), 26 month IT exp, NC-OBC. I had got 90 percentile in CAT15 with a month and half preparation and this was my first attempt. So shall I give one more attempt to CAT for better colleges or shall I take admission?
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Wait for a year – only if you believe you can considerably improve you CAT scores next year.
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Hello Sir,
I am a passout from NIT Trichy with 33 months work ex with Tata Motors. I have converted VGSoM, IIT KGP and IIM NAGPUR and IIM AMRITSAR. What do you recommend？
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With 33 months of experience, I would always suggest you to give it another shot – and also probably take the GMAT next year. But if you have to join this year – VGSOM or IIM Nagpur will be equally good choices in the long run. You may just be inclined towards getting an IIM tag though:-)
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Hi Sir,I have converted iim trichy,raipur,udaipur,kashipur and rohtak.I have 3.5 years of experience in core sector PSU,should I join or go with CAT/GMAT next year.
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You should wait for a year if you have the conviction that you can improve your CAT scores….with a better profile next year you are bound to make it to better colleges. And yes, with the GMAT, you can also apply to not only ISB but also Global B-School pograms.
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Sir, I have converted IIFT Kolkata and IIM Raipur. Please tell me which one to prefer. I have decent academics (85+ 10th,12th, Btech), 2 years IT job. Please respond ASAP, as I just have 2 days to choose. I have a slight inclination for Finance. (-:
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Apologies for the delay in response…I would suggest that you go for IIFT Kolkata.
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Sir,
I would like to know your thoughts on IIM L ABM vs new IIMs like Trichy ,Udaipur, Raipur.
My profile is X/Xii/Btech 89/81/79 Cat 97. Work ex 48months.
What should I prefer.
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You can go for IIM L ABM…in any case they have combined placements with the PGP batch. You may speak to some alumni fom IIM L to get further clarity and take an informed decision.
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Sir can you please suggest which college I should I go for- iim amritsar or dse mba ib. I am a 2015 bsc physics passout. 0 work ex.don’t want to appear for cat 16.plz give some advice.
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I suggest you go for IIM Amritsar. In the long run, the IIM tag will be useful…and in a way you will have the IIM A tag;-)
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Hi Sir. I got offers from IIM Udaipur and IIM Trichy. WL in Ranchi. X-91, XII-97, Graduation (Dual Degree from IIT Roorkee): 81. Work Ex: 47 months. Which one should I prefer or should I try again for any other. Ur help is highly appreciated.
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Going by your profile…another attempt looks the best choice – provided you are convinced that you can improve on your CAT scores and also your profile:-)
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Sir, I got an offer from IIM Rohtak and am interested in finance. I am a fresher and have an offer from Infosys (IT role). Considering the fact that an IT work-ex won’t be helpful during summers or final placement. Should I accept the IIM Rohtak offer or go for another attempt?
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If you strongly believe that you can improve on your CAT scores, go for the job:-)
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Wouldn’t that affect my summer and final placements?
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Not really…there are enough candidates who do the same and get decent summer and final placements.
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Dear Sir,
I have no inclination towards any sector. I have IIM Trichy and IIFT Kolkata. Which option to prefer ? Plz tell long term and short term benefits.
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Hi Aravind,
There is not much to choose over here – the short-term outcomes from both instititutes?(in terms of placement and quality of education) will more or less be similar at both places. In the long run, an IIM tag is a good to have and that may slightly swing the balance in favour of IIM Trichy. But having said that, go for either of the institutes and you will not repent your decision.
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Sir what to choose between iim sirmaur and doms iit roorkee? In the short and long run? I don’t want to take cat again because of average profile.
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I would suggest you go for the IIM – just for the tag. While in the short run, you would need to go through the pains of a new-born B-School, I am sure you will reap the benefits of the IIM tag in the long run.
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But they haven’t even released the summer placement report. I people are skeptic. Sir will the newly born iim guarantee a job after completion of pgpm?
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My comment assumes you want to join this year itself…under ideal circumstances you should wait for a year if you believe you can improve your scores and your percentile…don’t worry too much about placement reports right now.I suggested the IIM, mainly from a long term perspective.
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My Profile
X-91.8
XII-79.8
B.Tech Mechanical-71.68
Work Ex- 18* ( 1yr apprenticeship in a PSU, currently working as operations Executive in a small Company)
CAT 2015- 95.6( VA-99.7,DILR-87.7,QA-79.7)
My preparation was not up to the mark. I started preparing in October 2015.
Waiting results from IIM Amritsar,Bodh Gaya,Sirmaur.
I was thinking about quitting my job in august and give CAT2016 a try.
Should I join any of these colleges??
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Do not quit your job…however try again this year – and work on significantly improving your CAT score.
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My Profile
X/XII/B.Tech Mechanical – 91.8/79.8/71.68
Work ex- 18*(12 months graduate apprenticeship in a PSU. Currently working as operations executive in a small company)
CAT 2015- 95.6( QA-79.7,DILR-87.7,VA-99.7)Prepared for less than 2 months.
Awaiting results from IIM Amritsar,Bodh Gaya,Sirmaur.
Should I Join any of these if I convert??
or
Should I give CAT 2016 a try??
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I would suggest that you should give it another attempt…
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Hello sir,
I am a 2015 passout bsc(h) physics. 0 work ex.can u plz suggest which college I should opt for dse mba ib or iim amritsar.plz give some advice
Thank you
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Hello sir,
I have been working in an IT firm for last six months. Secured 95 in cat 2015 and have an offer from iim indore Mumbai campus. Should I join or give CAT another shot? Is it better than new iims??
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Would suggest that you should take CAT once again – however you need to be convinced that you can score higher the next time round:-)
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Is the Mumbai acmpus better than new and baby iims? Or is just not worth it. Considering only academics and placements. I am interested in sales and marketing and economic studies
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Hello sir,
Kindly help me out.
My profile-
Btech.
Cat2015-94.56(ncobc)
X-84
XII-76
Grad-6.8
Converts-iimu,iimrohtak,iim Kashipur
I am confused whether to gor for cat 2016 or for new iims.
Help me out.
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If you are confident that you can improve your CAT scores significantly, I would advise you to wait for a year. Also, you have not mentioned about your work exp – in any case ensure that you ware working while preparing for the CAT(if at all)
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hello sir,
I am 2014 passed out(btech).
My profile
X-84
XII-75
Grad-6.8
CAT 2015-94.56
Convert-Udaipur, Rohtak, Kashipur
I am in confusion whether to go for new iims or for CAT 2016. Please help me out.
THANKS!
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Hi, if you have the confidence that you can significantly improve your scores next year then wait for a year…else take up one of these options that you have converted.
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Hi . Myself Birendra. converted for IIM Bodhgays. Should I go for IIM Bodhgaya?. I looking forward to update my knowledge and profile. I am working with a Public Sector Bank having 10+ years experience and present approx CTC is Rs 10.00lacs.
My last date of acceptance is tomorrow. Any suggestion? I am thinking to take leave for studies.
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After 10 years of work experience, would not suggest IIM Bodhgaya as a suitable option for you. Look at applying to Executive MBA programs instead.
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Sir… i have 4 years work ex and have converted IIM trichy and IIm raipur… I am confused if I should go there or go for gmat and apply to isb or executive mba next yr. I have very average kind of work ex and my acads are 10th-81,12th-69, grad-66.. I am IMS student.. so please advice…timely advice needed.
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This is probably the last year when you could look at a regular MBA (in which case an IIM trichy is a decent option to join)…however if you are confident that you can improve your entrance test scores, yuou can decide to wait for another year and then you could not only look at ISB, but also executive MBA at IIM B/C/L and XLRI in addition to the regular MBA options at only the top 15-20 institutes(thru CAT). You could also possibly explore International MBA options.
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Hello sir, I converted IIFT Delhi, IIM Kozhikode, IIM Indore, MDI Gurgaon, XLRI BM and JBIMS….Please suggest which two out of these are my best options….
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XLRI BM without a doubt is where you should be joining…or have joined. IIM I/K or JBIMS would b the next best options IMO
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Sir i have converted IRMA and IIM nagpur whcih one should i prefer?
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IRMA if you are keen on a specialisation in Rural Management…else IIM Nagpur as it will always have the additional advantage of giving you the “tag”
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Sir, I have upto 4 years of experience in construction sector and have been working for last 3 years in a state PSU,I have offer from IIM Vizag.should I join or try again. I feel a foreign MBA or an executive MBA both are pretty costly. My current CTC is 7.5 lpa; X : 86%, XII : 92%, B.E : 7.6/10; extra curricular : avg. Please advice.
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Would suggest that you wait for a year and try again only if you have the conviction that you can improve your scores. And, the cost of the executive MBA is offset by the fact that it is only for a year – so your earning in the second year compensates for the additional amount you spend. So, an executive MBA after having 5 + years of work experience is not a bad idea:-)
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Hi sir, I am 2015 pass out( b.com.)
My profile
class 10- 84..17%
class 12- 74%
Graduation- 78.2%
Cat 2015 score – 83%ile
I have converted only IIM Sirmaur..
I am in a confusion whether to go for sirmaur or for job option…
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If you believe you can improve your CAT scores significantly- wait for a year and take up a job. Else IIM Sirmaur is a good option for someone with 83%ile and not expecting to improve scores to a great extent.
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Respected sir,
10-85.4
12-68.67
Grad(BE)- 54.67(2015 passout)
CAT-96.63 Fresher
I want to take admission this year. Please rank the following institutes (considering my profile and for short-term outcomes, that is for period of 3-5 years after MBA)
IIM Bodh Gaya, IIM Sirmaur, IIM Jammu, SIMSREE and SIMSR,
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Btween SIMSREE and SIMSR it is SIMSREE…between the IIMs named – there is nothing much to choose…and between the IIMs and the non-IIMs the IIM tage will yield more benefits in the long run. In the short term – joining either should not make too much of a difference.
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Sir
My profile is very weak..10th/ 12th/ B.tech 60/ 60/ 71…work ex 0…cnvrtd iim sirmaur…should i join or not
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If you do not expect your profile to improve by much and also do not expectto significantly improve your CAT scores, then take up the IIM. It will definitely be beneficial in the long run.
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Sir,
I am getting admision into MBA (BE) from du ,Department of business economics I scored 95.57% in cat. I am working in it from 4 months. Is this a good course to join. or Should i retake cat
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Hi Chirag…you need to match the outcome that you expect from an MBA to what this program has to offer…if you believe you can improve your CAT score as well as our profile next time around, (the potential seems to be there given this score was achieved with just 4 months of preparation) – then go ahead and wait for a year. Not to say MBE is a bad choice, you just need to be sure if or not you deserve better.
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sir,
i got 99.08 in CAT 2015 and able to convert only iim bodh gaya till now. My x/xii/b.tech marks are 87/87/68 respectively . As i am a fresher, should i join iim bodh gaya or take another chance. Is it that with this graduation marks even score around 99+ , i will not able to fetch good calls as this time around i did not get a call from any of the old iims.
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99.08 percentile is a great effort for a first timer…you should take the test again and aim for an even higher percentile…you are bound to get a better B-School with a better score and better profile next time around…do take a up a job in the meanwhile-do not sit at home to prepare for the CAT.
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Sir, what should be chosen between MBE DU and IIM Sirmaur? I am interested in finance and analytics which are good at MBE.Should I still consider SIrmaur just because of the IIM tag.
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I would suggest IIM Sirmaur for the tag and the fact that it will be supported by IIM Lucknow.
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Sir…..i converted IIM bodh Gaya and sirmaur…..which one to choose…or go for CAT next year….10-83%; 12-88%; b tech – 73%….work ex of 18 months in L&T….
Please suggest what to do….continue with job and prepare for next year…or join these IIMs…..reply as soon as possible
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Would strongly suggest to wait for one more year and give your best shot at CAT. Also, you may consider applying to ISB via GMAT.
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Sir,
I have an admission offer from IIT Roorkee and IIM Sirmaur. Which one is better for Operation?
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In the short run, it would not relaly matter which of the two B-Schools you join. In the long run however IIM Sirmaur may be preferable for the tag. In the short run, IIT roorkee is a more settled program with an existing alumni network et al.
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Hi, i am presently employed in construction company in HR dept and have experience of 9 years… i got admission to IIM Trichy PGPBM specially designed for working executives… Considering the hefty fees, would you recommend this course or an online MBA from Symbiosis will suffice… await your feedback on the same. what is the weightage of this course in the market?
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An IIM Trichy couse is any day better. Onlin MBA programs are not given too much importance by the industry. You may also consider giving a serious shot at the executive programs of the top IIMs as well as ISB.
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hello sir, I have converted IIM Jammu. Should I join it?
grad bsc zoology 67.97 (2015 pass out)
tenth 85.5
12th 86.2
no work experience
cat 85.11
not much extra-curricular
open to dropping off another year
Help me out
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If you believe you can improve your CAT scores signficantly -you may wait for a year.
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sir, got simsr (ib) and iimjammu…..work ex 14 months….which to opt.?
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IIM Jammu – if you HAVE to do an MBA this year. Else wait for a year.
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Hi ,
I have a call from IIM Jammu only .
3 years of workex .
Not that good package .
General Engg Male.
Want to change profile .
Not good growth in present company.
Profile 10th 12th B.tech = 84.6/89.4/87.44
Cat 15 90%ile .
PLease possible reply asap I have to pay the fee by tomorrow.
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Apologies for the delay in reply – may whatever decision you may have taken work for you. All the Best!!
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Hi sir, a query a bit off topic. I am taking CAT 2016, I got 97.48 in 2015 with 95 percentile in all three sections. I am looking towards the older IIMs this year, but I have a 79.3% in graduation (chemical engineering), does this mean that I won’t get call from the top IIMs? 93% in Xth and 91% in XIIth.
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No…you do have a chance if you score sufficiently high in the CAT. Go for it – All the best!!
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Sir,
Please give detail about various courses in the iim such as PGP, PGPX, PGDM or any other and during filling form of cat 2016 which should be opted first ?
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Hi Ajay,
We will be releasing a form-filling guidance document once the notification of CAT 2016 is out.
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Iitroorkie…kj somaya…and iim jammu……which would u suggest….
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Iit roorkie…..and iim jammu……which would u suggest….
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Sir, should i choose IIM-jammu or write cat again?. I have 95% in 10th 89.4 in 12th and 83% in graduation. B.tech, fresher. Cat score 91.72
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given your profile, I would suggest you take the CAT again..and at least give one more shot at a better tag:-)
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That is not actually very easy to answer . That depends on what your priorities are and whether you have a job in hand or not . If you dont have job in hand then I would say to join as without job and sitting idle would put negative impact on your profile . If you have a job in hand with this profile you can have a shot next year for better collage. Plus you check for the profile you are going into the Job and you can study or not while working so there are many factors in place . You should weigh them all and then come to a conclusion.
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Sir I am really confused between IMT ghaziabad and IIM Bodhgaya. Please advice me. I don’t want to give CAT again.
My profile is
Xth – 92
XII- 90
Graduation – 68%
Also I have done my graduation in chemical engineering from University of Manchester, UK.
Sir please advice asap.
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I would suggest IIM Bodhgaya – just for the tag and smaller batch size. The experience wont be the same as the old IIMs but the tag will definitely help in the long run
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Hi Vk,
Currently working in IT Industry having 11+ years of experience. I am in confusion in between below programs.
1. Executive pgdm from Alliance University, 16 months course, fees 2.45 lakhs, live class room.
2. Executive pgdm from IIM Rohtak, 24 months, fees 6 lakhs, satellite class room program.
So please suggest which one from the above will have more value and boost my career.
Thanks
Samir
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Hi Samir…with 11 years of work exp behind you – yuou need to be sure that the program you join adds enough value. I am not sure how you have arrived at these 2 programs in specific – but you should definitely explore applying to the older IIMs and even maybe ISB before considering other brands. And if for some reason you HAVE to choose between the programs mentioned – then I would go for the IIM brand.
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Thanks VK for your suggestion.
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