Compared to the older IIMs it is not very good but compared to the newer IIMs it is way better. Its USP is its location in an Industrially rich belt that increases your chances of having an excellent career in Management.
Now if we compare it to the other B Schools, it ranks lower than FMS, XLRI, SP Jain, MDI and JBIMS but higher than IMT, IMI, Fore, XU, GIM, etc. It is better than these B Schools because of the IIM brand.
This program is best for people who want to enter the field of teaching and academics.