Which college would you go for if you were interested in an MBA in finance among new IIMs, IIM-S, XIMB, IMT-G, IIT-M, IMI and TAPMI?

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Admin Posted On - Jun 21, 2024

Almost all of the colleges listed here are in the top 20 list of MBA colleges in India for Finance. Among the new IIMs, the ones good for Finance are IIM Ranchi, IIM Rohtak, IIM Raipur, IIM Udaipur, and IIM Kashipur. 

The table below draws a comparison of the MBA programs offered by the institutes.

Institute

Fees

Average CTC

New IIMs

IIM Ranchi- 17.5 Lakh

IIM Ranchi- 18.37 LPA

IIM Rohtak- 17.6 Lakh

IIM Rohtak- 19.27 LPA

IIM Raipur- 16.1 Lakh

IIM Raipur- 19.7 LPA

IIM Udaipur- 19 Lakh

IIM Udaipur- 20.3 LPA

IIM Kashipur- 17.3 Lakh

IIM Kashipur- 18.10 LPA

IIM Shillong

22.71 Lakh

26.1 LPA

XIMB

21.3 lakh

15.12 LPA

IMT Ghaziabad

21.5 lakhs

16.56 LPA

IIT Madras

10.9 lakhs

16.93 LPA

IMI Delhi

22.25 LPA

17.20 LPA

TAPMI 

19.45 LPA

13.84 LPA

Top recruiters at these institutes include Tata Steel, Cognizant, Capgemini, Accenture, Apollo Munich, Godrej, Emami, Nestle, Titan, Maruti Suzuki, PCBL, HDFC Bank, Mu Sigma, Larsen & Toubro, GMR, Tata Steel, Godrej & Boyce, and Vedanta and many more. 

All of the mentioned institutes are good for MBA in Finance. However I would recommend IIT Madras as it has the lowest fees and a good average package.

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Roshni Sen Posted On - Sep 4, 2020
MBA in Finance & Strategy, Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India (Graduated 2019)

Almost all of the colleges listed here are in the top 20 list of MBA colleges in India for Finance. Among the new IIMs, the ones good for Finance are IIM Ranchi, IIM Rohtak, IIM Raipur, IIM Udaipur, and IIM Kashipur. 

Admission Criteria

Given below are the admission criteria for the institutes mentioned in the question.

  • IIMs take admission based on the performance of the students in CAT/GMAT. For final selection into the program, IIMs conduct Written Ability Tests (WAT), Group Discussion (GD), and Personal Interviews (PI).
  • XIMB accepts admission through CAT/GMAT/XAT score +  WAT + PI + GD.
  • IMT G takes admission through CAT/XAT/GMAT/CMAT score + Group Exercise (GE) + Personal Interview (PI).
  • IIT M selects students for admission based on their performance in CAT/GMAT + WAT + PI.
  • IMI Delhi accepts CAT/GMAT/ATMA/CMAT/XAT score and students are selected based on their performance in Extempore, Essay Writing, and Personal Interview.
  • TAPMI selects students based on their CAT/GMAT/XAT scores which is followed by WAT, PI, and GD. 

The table below draws a comparison of the MBA program offered by the institutes.

Institute

Fees

Highest CTC

Average CTC

 

New IIMs

IIM Ranchi- 15.30 lakhs

IIM Ranchi- 26 LPA

IIM Ranchi- 15.02 LPA

IIM Rohtak- 14.65 lakh

IIM Rohtak- 24.13 LPA

IIM Rohtak- 13.7 LPA

IIM Raipur- 14.20 lakhs

IIM Raipur- 24.06 LPA

IIM Raipur- 15.2 LPA

IIM Udaipur- 

13.75 lakhs

IIM Udaipur- 27.5 LPA

IIM Udaipur-13.2 LPA

IIM Kashipur- 10.58 lakhs

IIM Kashipur- 28 LPA

IIM Kashipur- 12.17 LPA

IIM Shillong

14.4 lakh

48.5 LPA

14.8 LPA

XIMB

20.8 lakh

58.2 LPA (International)

15.4 LPA

IMT Ghaziabad

17.5 lakhs

57 LPA (International)

12.5 LPA

IIT Madras

8 lakhs

29.02 LPA

14.38 LPA

IMI Delhi

17.15 LPA

22 LPA 

13.07 LPA

TAPMI 

14.3 LPA

26 LPA 

12.7 LPA

Top recruiters at these institutes include Tata Steel, Cognizant, Capgemini, Accenture, Apollo Munich, Godrej, Emami, Nestle, Titan, Maruti Suzuki, PCBL, HDFC Bank, Mu Sigma, Larsen & Toubro, GMR, Tata Steel, Godrej & Boyce, and Vedanta and many more. 

All of the mentioned institutes are good for MBA in Finance. However, based on facilities provided, course curriculum, and placements the order of preference should be IIM Shillong, new IIMs, XIMB, IMT-G, IMI-D, IIT-M, TAPMI.

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