Judging an institute merely on the basis of rankings is a bit wrong. This is because a newly established institute like Bodh Gaya has very low rankings despite its constant growth. So instead of ranking let’s go through some major highlights that might be more useful than ranking the institute's

Culture: The student culture is very dominant at IIM Bodh Gaya. Various clubs and committees have been established by the students themselves who keep the rigor high with events, competitions, and positive energy.

Student Exchange Program: One major USP of IIM Bodh Gaya is its international student exchange program which enables students to study for a while in a foreign university.

ROI: If you are after the ROI factor, then IIM Bodh Gaya is for you. Not only does it have fewer fees than other IIMs but its placements are almost on par with those IIMs.

Faculty: IIM Bodh Gaya has a knowledgeable faculty pool who are constantly working towards the success of the students and institute. Their pedagogy involves case study discussions and regular quizzes.

Mentorship: Earlier the institute was under IIM Calcutta so its curriculum and pedagogy is quite similar to IIM Calcutta.

Entrepreneurship: The E-Cell at IIM Bodh Gaya works actively to promote entrepreneurship culture among the students through competitions and events.

Placements: The placement statistics given below will give you a general idea of the placement scenario at IIM Bodh Gaya.

All in all, I hope the above points helped you rank IIM Bodh Gaya better among the new IIMs.

Here are my ratings for the IIMs

• IIM Ahmedabad Bangalore Calcutta: 10
• IIM Lucknow: 9
• IIM Kozhikode and Indore: 7.9
• Other second-generation IIMs: 7.6
• New third generation IIMs: 6.8

The above rankings have been done on the basis of age, placements, and research. I don’t think these factors are enough to rank IIMs.

Another major parameter of comparison is the duration of the establishment. 

• First generation: (est before 1984) Ahmedabad Bangalore Calcutta Lucknow 
• Second generation: (est. before 2000) Indore and Kozhikode 
• Third generation:  (est. around 2009) - Ranchi, Raipur, Rohtak, Trichy, Udaipur, Kashipur, Shillong
• Fourth Generation: New IIMs (after 2014) - 7 IIMs

Most of the FT rankings and online rankings are based on this parameter. In reality, every IIM has top-notch faculty, infrastructure and placements m. Yet the new IIMs will take some time to reach the top.

Firstly let me clarify one thing. IIM Raipur cannot be compared to IIM Shillong because the latter is out of the league and is no longer a new IIM. Its worth and placements are much better than the newer IIMs and are in the league of old IIMs. We can only compare IIM Raipur to the 6 new IIMs namely Raipur, Ranchi, Rohtak, Trichy, Udaipur, and Kashipur.

After Shillong, one new IIM that gives an edge to older IIMs is Ranchi mainly because it works under the mentorship of IIM Calcutta. The placement statistics of IIM Ranchi are a testament to the same.

After Ranchi comes to Trichy, one of the fastest-growing IIMs. It has a decent placement scenario and a better professional approach.

Raipur and Udaipur are almost similar and are better than Kashipur and Rohtak. Raipur especially enjoys location advantage being situated in the capital of Chattisgarh. The faculty base is also quite learned and the institute has proper connectivity.

Kashipur has many connectivity issues but is famous for its guest lectures and interaction with industry experts. 

IIM Rohtak is the last in line mainly because of its pathetic placement scenario which overshadows its vicinity to Delhi.

So the final order is

Shillong>Ranchi>Trichy>Raipur=Udaipur>Kashipur>Rohtak

Every ranking is done on the basis of different parameters. So we cannot define the worth of a college just by looking at one or two rankings. IIM Udaipur has been featured in both the QS and FT MiM rankings which included only the top A B and C IIMs. The QS ranking focuses on the research culture mostly in which IIM Udaipur excels at. Its excellent research contributions has brought it in the league of the top 3 IIMs. But the FT rankings do not have only research as their parameter. So we can say that IIM Udaipur indeed is worthy of its position and rankings among the top IIMs.