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IIM in India

IIMs in India: Overview

IIM Admission Criteria and Selection Process 2024

Embarking on the journey to secure admission to the prestigious Indian Institutes of Management (IIMs) involves a meticulously structured process. Here's an insightful overview of the IIM Admission Criteria and Selection Process for the 2024-26 MBA/PGP batch:

**1. CAT Exam - The Initial Step

The first stride towards an IIM admission journey is clearing the CAT exam, a pivotal entrance test for IIMs. The CAT 2023 is scheduled for November 26, and results are anticipated in the first week of January 2024.

**2. Post-CAT Result Actions

Following the CAT result announcement, the subsequent stages unfold:

  • Written Ability Test (WAT) and Personal Interview (PI):
    • Candidates meeting the CAT cut-off are shortlisted for the WAT and PI rounds.
    • Final selection for IIM admission is based on a holistic evaluation, including CAT score, academic performance, work experience, category, and WAT/PI performance.

**3. Timeline of the Admission Process

  • CAT 2023 Result and PI Shortlists:
    • The CAT 2023 result should be declared in the first week of January 2024.
    • The release of PI shortlists marks the commencement of the IIM admission process for the 2024-26 MBA/PGP batch.
    • Interviews are expected to take place in February 2024.

**4. IIM Admission and Selection Criteria 2024-26

  • The release of admission criteria and selection process details before the CAT 2023 exam ensures transparency in shortlist cut-offs, selection criteria, and the overall process.

**5. Stages of IIM Admission and Selection Process

The IIM admission process unfolds across three stages:

  • Stage 1: Shortlisting based on CAT 2023 Score:
    • Candidates apply for the WAT/GD-PI round post-CAT result announcement.
    • Shortlisted candidates log in using their CAT IDs to submit their name and CAT score.
  • Stage 2: Screening for WAT/GD-PI:
    • Shortlisting occurs based on CAT score and academic records.
    • Selected candidates receive interview letters for the WAT-GD-PI round, conducted between February to April.
  • Stage 3: Calculation of Composite Score and Final Selection:
    • The composite score is computed based on various parameters.
    • Eight primary parameters and their definitions include:
      • CAT score: Overall percentile in CAT.
      • Graduation Score: Aggregate percentage in a three-year degree or equivalent.
      • Class 12 Score: Aggregate percentage in Class 12 or equivalent.
      • Class 10 Score: Aggregate percentage in Class 10 or equivalent.
      • WAT/GD-PI: Performance assessment in WAT/GD-PI.
      • Academic Diversity: Additional points for non-engineering backgrounds.
      • Gender Diversity: Extra points for female/transgender candidates.
      • Work Experience: Additional points (1-5) for prior work experience.

 

IIM Admission Process: Key Considerations

Navigating through the IIM admission process involves several crucial aspects that candidates need to keep in mind:

 

**1. Selection Criteria:

Candidates advance to the second phase of the IIM admission process based on their CAT 2023 score and academic history.

**2. Online Application for Interview Call:

Shortlisting for the interview phase is conducted through an online application process.

Candidates are required to apply for the interview call, demonstrating their interest and readiness for the subsequent stages.

**3. Communication Channel:

Institutes will communicate with shortlisted candidates through email, notifying them of their selection for the interview phase.

**4. WAT/GD-PI Participation:

Successful candidates from the initial shortlisting are required to actively participate in the Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI).

This stage is vital for demonstrating one's communication skills, critical thinking, and overall suitability for the MBA/PGP program.

**5. Final Phase: Composite Score Calculation:

The final phase of the admission process involves the calculation of the composite score, taking into account various parameters such as CAT score, academic background, WAT/GD-PI performance, and other relevant factors.

**6. Eligibility for Final Selection

To be eligible for final selection, candidates must actively engage in the WAT/GD-PI phase.

The composite score plays a pivotal role in determining the candidates who will secure admission to the IIMs.

**7. Email Communication:

Throughout the process, communication from the institutes will be primarily through email.

Candidates are advised to regularly check their email for updates, instructions, and important notifications.

**8. Preparation and Active Participation:

Success in the IIM admission process requires thorough preparation for the WAT/GD-PI phase.

Active and thoughtful participation in these stages enhances a candidate's chances of securing a favorable composite score for final selection.

The IIM admission process is a dynamic journey that demands proactive engagement, effective communication, and strategic preparation. By staying informed and actively participating in each phase, candidates increase their likelihood of achieving success in securing admission to the esteemed Indian Institutes of Management.

 

1. List of IIMs in India (2023 Ranking, Global Accreditation, Programs Offered)

Institute

Established

NIRF Ranking 2023

Global Accreditation

FT Global MBA Ranking 2023

FT Masters in Mgmt 2023 Global Ranking

IIM Calcutta

1961

4

Triple Accreditation - AACSB, AMBA, EQUIS

76

60

IIM Ahmedabad

1961

1

EQUIS

51

43

IIM Bangalore

1973

2

EQUIS

52

-

IIM Lucknow

1984

6

Triple Accreditation - AACSB, AMBA, EQUIS

90

72

IIM Indore

1996

8

Triple Accreditation - AACSB, AMBA, EQUIS

89

-

IIM Kozhikode

1996

3

AMBA, EQUIS, AACSB Triple crown accreditation

-

77

IIM Shillong

2007

26

-

-

-

IIM Raipur

2010

11

-

-

-

IIM Ranchi

2010

24

-

-

-

IIM Rohtak

2010

12

-

-

-

IIM Kashipur

2011

19

-

-

-

IIM Tiruchirappalli

2011

22

-

-

-

IIM Udaipur

2011

16

-

-

88

IIM Amritsar

2015

51

-

-

-

IIM Bodh Gaya

2015

53

-

-

-

IIM Nagpur

2015

43

-

-

-

IIM Sambalpur

2015

58

-

-

-

IIM Sirmaur

2015

98

-

-

-

IIM Visakhapatnam

2015

29

-

-

-

IIM Jammu

2016

41

-

-

-

IIM Mumbai

1963 (Converted to IIM in 2023)

7

-

-

-

2. Programs Offered by IIMs in India

2. Programs Offered by IIMs in India (MBA Programs Open for Admission 2024)

IIMs

MBA Programs

IIM Ahmedabad

PGP, PGP-FABM

IIM Amritsar

MBA, EMBA, MBA-Business Analytics, MBA-HRM

IIM Bangalore

PGP, PGPEM, PGPBA

IIM Calcutta

MBA

IIM Indore

PGP, PGP-HRM

IIM Jammu

MBA

IIM Kashipur

MBA, MBA (Analytics), EMBA

IIM Kozhikode

PGP, PGP-BL, PGP-F, PGP-LSM, EPGP (At Kochi campus)

IIM Lucknow

PGP, PGP-ABM, PGP-SM, MBA (E & I)

IIM Mumbai

MBA, MBA Operations and Supply Chain Management, MBA Sustainability Management

IIM Nagpur

PGP

IIM Raipur

PGP

IIM Ranchi

PGP, PGP-HRM, PGP (Business Analytics)

IIM Rohtak

PGP, EPGPX, EPGDSM

IIM Sambalpur

MBA, Executive MBA

IIM Shillong

PGP, PGPEX, PGPWE

IIM Sirmaur

MBA, MBA (T&HM)

IIM Tiruchirappalli

PGP, PGPM-HR, PGPBM

IIM Udaipur

MBA, MBA-DEM, MBA-GSCM, PGDBAWE

IIM Visakhapatnam

PGP, PGPEX, PGPDGM

3. IIM Fees in India (2023-25 Batch)

IIMs

Fees (Rs. in Lakhs)

IIM Ahmedabad

25.00

IIM Bangalore

24.70

IIM Calcutta

25.00

IIM Lucknow

21.75

IIM Mumbai

20.40

IIM Indore

21.17

IIM Kozhikode

20.50

IIM Shillong

21.50

IIM Rohtak

17.90

IIM Trichy

19.50

IIM Udaipur

21.43

IIM Raipur

15.93

IIM Ranchi

17.50

IIM Kashipur

17.30

IIM Amritsar

17.30

IIM Bodh Gaya

17.00

IIM Jammu

17.15

IIM Nagpur

19.40

IIM Sambalpur

13.08

IIM Sirmaur

16.20

IIM Visakhapatnam

18.25

4. IIM Placements (Average Salary Comparison)

Top IIMs by Average Salary in Placements 2023

Top IIM by Average Salary

MBA Average Salary 2021

MBA Average Salary 2022

MBA Average Salary 2023

IIM Bangalore

Rs. 28.98 LPA

Rs. 33.82 LPA

Rs. 35.31 LPA

IIM Calcutta

Rs. 29.00 LPA

Rs. 34.20 LPA

Rs. 35.07 LPA

IIM Ahmedabad

Rs. 27.54 LPA

Rs. 32.80 LPA

Awaited

IIM Lucknow

Rs. 26.00 LPA

Rs. 31.03 LPA

Rs. 32.20 LPA

IIM Kozhikode

Rs. 22.53 LPA

Rs. 29.50 LPA

Rs. 31.02 LPA

IIM Indore

Rs. 23.60 LPA

Rs. 25.01 LPA

Rs. 30.21 LPA


 

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