Being a new IIM, IIM Sirmaur is still in its developing period. It offers good learning resources such as Harvard case studies, Bloomberg terminals, etc. The institute offers a hands-on learning environment. You will learn through group projects, assignments, industry visits, etc.
IIM Sirmaur placements in 2022 witnessed an average CTC of INR 12.74 LPA. The highest CTC offered this year was INR 26.5 LPA.
IMI Delhi is better than IIM Sirmaur. It is a reputed and older b-school. IMI brand name is well-recognized in the industry. It has a rigorous pedagogy and a brilliant faculty base. Being located in Delhi, students get good exposure to the industry nearby.
IMI Delhi placements are excellent. According to the highlights of 2022, students received an average CTC of INR 15.23 LPA. While the highest CTC offered this year was INR 32 LPA. HDFC Life, Capgemini, BCG, Deloitte, etc. are among the top recruiters that take part in the campus drive.
I wouldn’t suggest you take admission to any new IIM if you are not ready to commit yourself to hard work both in terms of academics and extracurriculars. The Baby IIMs require determination and dedication and if you lack any of these, it’s better to look for other options.
The opportunities offered by the new IIMs are way ahead and unique when compared to the older ones. You shouldn’t join a new IIM merry to enjoy the benefits from the IIM tag because that alone won’t suffice it. It's better to take a drop year and target an older IIM than go for a new one that is yet to make its mark in the industry.
The new IIMs are suitable for those who are ready to work and toil and take advantage of opportunities in building a new institute. Most students will end up with a job but it’s not a brainer that there will be a big compromise and namesake job compared to the colorful careers an IIM brand promises.
Particulars |
IIM Nagpur |
IIM Vizag |
IIM Amritsar |
IIM Sirmaur |
IIM Bodh Gaya |
IIM Sambalpur |
Ranking |
43rd rank in NIRF |
33 rank in NIRF |
55th rank in NIRF |
69th Rank in NIRF |
41 in the IIRF |
33rd place in IIRF |
Fees |
2 Lakhs (Total Fees) |
8.52 Lakhs (1st Year Fees) |
8,00,000/Yr |
16,00,000 Total Fees |
16,28,000 Total Fees |
5,40,000/Yr |
Average package |
INR 16.74 LPA |
INR 16.61 LPA |
INR 16.51 LPA |
INR 12.74 LPA |
INR 16 LPA |
INR 16.64 LPA |
You can infer from the table above, the Data from all the baby IIMs is similar both academically and placements-wise. So the final decision should be based on personal preferences and career prospects.
After scrutinizing the list of colleges you mentioned, I think the most viable option is IIM Bodh Gaya. It is the most suitable among the 3 because it has been growing at a spectacular rate. The 2 major reasons for its rapid growth are
Both these factors differentiate Bodh Gaya from Sambalpur and Sirmaur extremely well.
My brother was a part of the batch that suffered from covid regulations. Although the first year was online, the second year was totally virtual. Other than online classes one major hardship his batch faced was the internship offer getting revoked. Narrating his experience, he told me that
Overall the experience was a really good one and my brother made some amazing college memories.
You should join IMT Ghaziabad. It is a reputed management institute with a decent placement record. IMT has an excellent faculty base, especially for marketing. Professors are friendly and cooperative. The institute has many clubs and committees, that you can take part in. The highest and average CTC offered during IMT Ghaziabad placements 2022 were INR 15.28 LPA and INR 62 LPA, respectively.
IIM Himachal Pradesh is a good option for pursuing an MBA. The institute has an excellent faculty base. Also, faculties from other IIMs and MDI come as guest lecturers. The institute host various events and industry visits to bridge the gap between academics and industry. The International Immersion program is one of the key features of IIM Himachal MBA. Students get global exposure through this program.
IIM Sirmaur placements have been good in recent years. According to 2022 placement highlights, students received an average CTC of INR 12.74 LPA.
MBA Tourism in IIM Sirmaur is an unique program offered by very few IIMs. It is a 2-year program that provides knowledge and helps to develop a career in the tourism industry. The program has 60 seats and the fees is INR 16 lakhs for 2 years.
The admission process is same as that of MBA program i.e. CAT followed by Personal Interview. The MBA Tourism cutoff is lower compared to the flagship MBA. The cutoff for MBA Tourism is 80 percentile overall and 65 percentile sectional for general category, whereas the cutoff for MBA is 94 percentile overall.
Last year around 58 companies visited IIM Sirmaur to hire the MBA Tourism students. The highest package offered to the students was INR 34 Lakhs and the average salary was at INR 11.82 LPA, offering an ROI of 47.75%.
The scope of MBA Tourism is in industries like tourism, hospitality, aviation, etc, which is a huge market. The IIM Sirmaur students were offered roles in Sales & marketing, General management, Operations, Product Management, IT & Systems, Finance, Analyst, and Human Resource.
Compare the summer and final placement reports of both batches for all the 3 years. Look up the student clubs and activities on both campuses. They are absolutely necessary for your 2 years there. Finally, look up the professors in both colleges, majorly for the subject, you will probably be specializing in. Good professors impart their experience along with education. Keep in mind that IIM Bodhgaya, however, lags behind in one vital factor i.e., the number of students. In all probability, the students in the upcoming batch (your would-be batch) in Sirmaur will be more than if you were in Bodhgaya. A healthy amount of interaction matters a lot, especially because it's a business school and you benefit from the range of ideas numbers can provide.
However, the final decision is up to you entirely. Assign weights to the above factors and decide accordingly. After taking the decision, do not second guess your choice after going into one of the colleges. Make the best of your time there. Chase excellence in every facet of your MBA while you are there. If you do this, the choice part will cease to matter in a few months.
Yes, personally I think if you have the above options only, then definitely go for IIM Bodh Gaya. The institute has many perks that will not leave you regretting your decision.
All these advantages make IIM Bodh Gaya a better choice.