Indian Institutes of Management: Evaluating the Best Institutions in 2019 and Beyond

When it comes to postgraduate management education in India, the Indian Institutes of Management (IIMs) often stand at the top of the rankings, with several notable institutions leading the way. In 2019, IIM Ahmedabad was widely regarded as the best IIM in the country, consistently topping various national rankings due to its rigorous academic programs, distinguished faculty, and strong placement records. This reputation has continued to grow, solidifying its position as one of India's premier institutes for business management.

NIRF Ranking and Prestige

According to the NIRF Ranking 2022, IIM Ahmedabad remained the top business school in India, moving ahead of IIM Bangalore in 2020 and holding its position ever since. In 2019, IIM Ahmedabad was ranked second overall, just one spot below IIM Bangalore. These rankings speak volumes about the quality of education and practical exposure provided by the Indian Institute of Management (IIM) campuses in Ahmedabad, Bangalore, and Calcutta.

Faculty Excellence

The faculty at IIM Ahmedabad is among the main reasons for its reputation for excellence. The institute boasts some of the world's most famous academics, business thinkers, and scientists. Some professors have a following akin to a religious cult, attributable to the level of expertise, insight, and wisdom they bring to their classrooms. This unique blend of academic rigor and practical experience makes IIM Ahmedabad stand out.

Placement Records and ROI

The placement records and return on investment (ROI) of the IIMs are robust. The average salary offer during final campus placements ranges between INR 20-25 lakh per annum in top IIMs. Other IIMs also offer attractive salaries, largely due to the comprehensive fees charged for their MBA/PGP programs. This combination of quality education and promising career prospects has made the IIMs the first choice for aspiring business managers in India.

Notable IIMs: IIM Bangalore and IIM Calcutta

While IIM Ahmedabad takes the top spot, IIM Bangalore and IIM Calcutta are also highly regarded. IIM Bangalore is the second among the top 10 IIMs in India and is one of the top business schools in Asia. It has received international recognition with accreditation from EQUIS and inclusion in the Global Network for Advanced Management by Yale University. IIM Calcutta, founded in 1961, laid the foundation for the IIM legacy in India and has consistently ensured practical exposure to its students, helping them secure top placements with recruiters such as Amazon, EY, KPMG, and more.

Conclusion

The Indian Institutes of Management have been at the forefront of providing high-quality postgraduate management education. IIM Ahmedabad, IIM Bangalore, and IIM Calcutta continue to excel, offering a blend of academic excellence, practical experience, and strong placement records. Choosing the best IIM can be a daunting task, but the decision can significantly impact one's career trajectory.