In today's time, which option would be the best- IIM Ranchi or IIM Udaipur?

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Rajat Tokas Posted On - May 19, 2023
Worked at Indian Institute of Management, Udaipur

All the 3 baby IIMs namely IIM Udaipur, Ranchi, and Trichy are the top 3 among the new IIMs, so if you choose one over the other, it usually is a matter of personal preference. As far as I know, Udaipur fares better in terms of international rankings like QS, FT, and also NIRF in research, etc. This speaks highly of the future potential the institute has. In terms of placements, IIM Ranchi is a better choice. Here is a table with a comparative analysis of the 2 institutes.

Particulars 

IIM Ranchi

IIM Udaipur

Fees

?8.95 Lakhs (1st Year Fees)

10,00,000/Yr

Ranking

15 out of 125 NIRF

22 out of 125 NIRF

Highest CTC 

INR 65 LPA

INR 36 LPA

Average CTC 

-

INR 20.3 LPA

Top Recruiters 

Capgemini, Dell, Infosys, Asian Paints, Dell

Goldman Sachs, HSBC, Accenture

Overall, the final decision is yours to make based on personal inclinations and priorities.

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Rahul Chaudhary Posted On - Jul 31, 2021
Studied B.Com from Hansraj, Delhi University (2019)

Having some friends studying in both the IIMs has given me some insight into the institutions. I can say that there is no significant difference between the two IIMs. They're both doing well. However, the impression is important, and Ranchi now has a stronger reputation than Udaipur, which may be due to its somewhat higher placement figures.

Ranchi will win out over Udaipur. As a result, you make your decision depending on your criteria. You will not regret it if you join any of them. In the end, it should be a personal choice based on your research and priorities. Always be grateful for the fact that you got admission to an IIM.

Categories IIM Ranchi IIM Udaipur
Course Fee 9.75 lakhs 15.5 lakhs
Highest CTC 27 LPA 22 LPA
Average CTC 12 LPA 12 LPA
Recruiting Companies Flipkart, Deloitte, IBM, DE Shaw, etc. Cisco, Pidilite, ICICI Bank, Goldman Sachs, etc.

During this two-year journey, you will experience the highs and lows. But one thing is certain: you will cherish every last detail of it in the years to come.

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