Top 10 NIRF Ranked IIMs in India 2025
When it comes to management education in India, the Indian Institutes of Management (IIMs) set the gold standard. But with multiple IIM colleges across the country, how do you know which one stands out? That’s where the NIRF rankings come in. Every year, the National Institutional Ranking Framework (NIRF) evaluates universities and IIM colleges based on academic excellence, faculty, placements, and industry reputation.
The 2025 NIRF rankings will be released soon, and if you are aiming for an IIM, this list will help you identify the top choices. Till then, let’s explore the 2024 rankings to understand which IIMs have been leading the way and what makes them the best.
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Top 10 IIMs in India (As per NIRF Ranking)
The NIRF 2024 rankings have highlighted the top IIMs that excel in academics, faculty, placements, and industry connections. These IIM colleges continue to set high standards for management education in India. Here’s a look at the Top 10 IIMs in India as per the NIRF 2024 rankings.
1. Indian Institute of Management Ahmedabad (IIM-A)
Established in 1961, IIM Ahmedabad is located in Gujarat and is one of the most prestigious B-schools in India. Known for its rigorous academic curriculum, it has consistently ranked among the top IIMs. As one of the leading IIM colleges, the institute is famous for its Case Study Method and strong alumni network. IIM-A has a state-of-the-art campus and top-tier placement opportunities. Here is an overview of IIM Ahmedabad:-
| Details | Information |
|---|---|
| Year Established | 1961 |
| Location | Ahmedabad, Gujarat |
| Key Highlights | Case Study Method, Top Placements, Strong Alumni |
| Average Fees | ₹25-30 Lakhs |
| Admission Process | Appear for CAT, meet eligibility criteria, get shortlisted, clear WAT/GD/PI, and secure final admission |
| NIRF Ranking 2024 | Ranked 1st under the management category |
| Popular Courses | MBA, MBA-FABM, MBA-PGPX, PhD, etc. |
| Faculty Strength | Highly Experienced Professors |
2. Indian Institute of Management Bangalore (IIM-B)
Founded in 1973, IIM Bangalore is situated in Karnataka and is known for its focus on innovation and entrepreneurship. As one of the premier IIM colleges, the institute offers a dynamic learning environment with strong corporate and global partnerships. It has a highly qualified faculty and is home to NSRCEL, one of India’s top startup incubators. IIM-B provides excellent placements across industries. Here is an overview of IIM Bangalore:-
| Details | Information |
|---|---|
| Year Established | 1973 |
| Location | Bangalore, Karnataka |
| Key Highlights | Rigorous research, Faculty-led initiatives |
| Average Fees | ₹24-28 Lakhs |
| Admission Process | Take the CAT exam, clear selection rounds, and secure admission to an IIM |
| NIRF Ranking 2024 | Ranked 2nd under the management category |
| Popular Courses | MBA, Executive MBA, PhD, PGP, etc. |
| Faculty Strength | Experts in Various Domains |
3. Indian Institute of Management Kozhikode (IIM-K)
Established in 1996, IIM Kozhikode is located in Kerala and is known for its picturesque hilltop campus. It has grown rapidly into a leading management institute with cutting-edge research and a strong academic framework. As one of the premier IIM colleges, IIM-K introduced the first Indian Business Museum on its campus. The institute is recognized for its diverse student community and strong placement records. Here is an overview of IIM Kozhikode:-
| Details | Information |
|---|---|
| Year Established | 1996 |
| Location | Kozhikode, Kerala |
| Key Highlights | Indian Business Museum, Research, Executive Education |
| Average Fees | ₹20-25 Lakhs |
| Admission Process | Qualify CAT, get shortlisted, pass WAT/GD/PI, and join an IIM |
| NIRF Ranking 2024 | Ranked 3rd under the management category |
| Popular Courses | Doctoral Programs, PGP programs, PGP in Finance, Executive MBA, PGP in Business Leadership |
| Faculty Strength | Highly Experienced Professors |
4. Indian Institute of Management Calcutta (IIM-C)
| Details | Information |
|---|---|
| Year Established | 1961 |
| Location | Kolkata, West Bengal |
| Key Highlights | Job-oriented curriculum, Strong Global Network |
| Average Fees | ₹25-30 Lakhs |
| Admission Process | Score high in CAT, clear interviews, and secure a seat at an IIM |
| NIRF Ranking 2024 | Ranked 5th under the management category |
| Popular Courses | Doctoral, MBA, MBAEX, PGPEX-VLM, PGDBA |
| Faculty Strength | Experienced Educators |
5. Indian Institute of Management Mumbai (IIM-M)
Established in 1963, IIM Mumbai is in Maharashtra and is the leading IIM on the list. It focuses on supply chain, operations, and sustainability management. As part of the well-known IIM colleges, the institute is respected for its job-oriented courses and industry partnerships. Its location in Mumbai gives students excellent exposure to top companies. IIM Mumbai has a strong history of good placements. Here is an overview of IIM Mumbai:
| Details | Information |
|---|---|
| Year Established | 1963 |
| Location | Mumbai, Maharashtra |
| Key Highlights | The Centre of Excellence in Logistics and Supply Chain Management, Contemporary industry-oriented program |
| Average Fees | ₹18-22 Lakhs |
| Admission Process | Crack CAT, clear evaluation rounds, and get admission to an IIM |
| NIRF Ranking 2024 | Ranked 6th under the management category |
| Popular Courses | MBA, PhD, Executive PhD, Global certifications, etc. |
| Faculty Strength | Highly Skilled Professors |
6. Indian Institute of Management Lucknow (IIM-L)
| Details | Information |
|---|---|
| Year Established | 1984 |
| Location | Lucknow, Uttar Pradesh |
| Key Highlights | First IIM to set up a satellite campus exclusively for Executive Education at NOIDA in Delhi NCR region. |
| Average Fees | ₹20-25 Lakhs |
| Admission Process | Appear for CAT, qualify selection stages, and enroll in an IIM |
| NIRF Ranking 2024 | Ranked 7th under the management category |
| Popular Courses | PGP, PGP-ABM, PGP for Executives, PGP-SM, etc. |
| Faculty Strength | Expert Faculty |
7. Indian Institute of Management Indore (IIM-I)
Established in 1996, IIM Indore is located in Madhya Pradesh and is one of the fastest-growing IIMs. The institute is known for its holistic approach to management education. As part of the esteemed IIM colleges, it offers dual-degree programs with international universities. IIM-I is famous for its scenic campus on a hill spread across a large area. The institute has a solid placement record with high salary packages. Here is an overview:-
| Details | Information |
|---|---|
| Year Established | 1996 |
| Location | Indore, Madhya Pradesh |
| Key Highlights | Contemporary participant-centric pedagogies and teaching methods, 5-Year IPM Program |
| Average Fees | ₹18-22 Lakhs |
| Admission Process | Clear CAT, ace interviews, and secure admission to an IIM |
| NIRF Ranking 2024 | Ranked 8th under the management category |
| Popular Courses | PGP in Management, Executive PGP, Five-Year Integrated Program in Management, Doctoral Program |
| Faculty Strength | Highly knowledgeable faculty |
8. Indian Institute of Management Rohtak (IIM-R)
Founded in 2009, IIM Rohtak is located in Haryana and has quickly established itself among the leading IIMs. As part of the esteemed IIM colleges, the institute offers specialized MBA programs in diverse fields like sports management and entrepreneurship. It is known for its focus on research and leadership development. IIM-R has a modern, well-equipped campus with a growing reputation. The institute has seen steady growth in placements over the years. Here is an overview:-
| Details | Information |
|---|---|
| Year Established | 2009 |
| Location | Rohtak, Haryana |
| Key Highlights | Executive PG Diploma in Sports Management, Executive Training |
| Average Fees | ₹16-20 Lakhs |
| Admission Process | Score well in CAT, pass WAT/GD/PI, and get into an IIM |
| NIRF Ranking 2024 | Ranked 12th under the management category |
| Popular Courses | Five-Year Integrated Program in Management and Law, PGP, and Doctoral Programs |
| Faculty Strength | Renowned and Well-Qualified Professors |
9. Indian Institute of Management Raipur (IIM-Raipur)
Established in 2010, IIM Raipur is located in Chhattisgarh and is known for its industry-oriented curriculum. As one of the esteemed IIM colleges, the institute focuses on entrepreneurship, leadership, and global business. It has a spacious, green campus that enhances the learning experience. IIM Raipur has partnerships with international universities for student exchange programs and has built a strong placement network with top recruiters. Here is an overview of IIM-Raipur:-
| Details | Information |
|---|---|
| Year Established | 2010 |
| Location | Raipur, Chhattisgarh |
| Key Highlights | Industry-Linked Curriculum, Global Exchange |
| Average Fees | ₹16-20 Lakhs |
| Admission Process | Crack CAT, perform well in interviews, and secure an IIM seat. |
| NIRF Ranking 2024 | Ranked 14th under the management category |
| Popular Courses | MBA, Executive MBA, PhD |
| Faculty Strength | Eminent faculty with vast expertise |
10. Indian Institute of Management Udaipur (IIM-U)
Founded in 2011, IIM Udaipur is located in Rajasthan and has quickly gained recognition for its research-driven approach. The institute emphasizes experiential learning, offering unique programs like the Rural Immersion Program. It is known for its international collaborations and fast-growing reputation among recruiters. As part of the prestigious IIM colleges, IIM-U boasts a beautiful lake-facing campus and strong industry partnerships. Here is an overview of IIM Udaipur:-
| Details | Information |
|---|---|
| Year Established | 2011 |
| Location | Udaipur, Rajasthan |
| Key Highlights | Strong Research Focus, Global Recognition, Start-up Incubation |
| Average Fees | ₹17-22 Lakhs |
| Admission Process | Appear for CAT, clear the selection process, and get into an IIM |
| NIRF Ranking 2024 | Ranked 22nd under the management category |
| Popular Courses | MBA, Executive MBA, PhD, Diploma programs, etc. |
| Faculty Strength | Industry-leading faculty with strong academic credentials |
How NIRF Ranks IIMs
The National Institutional Ranking Framework (NIRF) ranks IIM colleges based on different factors to decide their position. These factors help students understand which IIMs offer the best education, placements, and overall learning experience.
- Teaching, Learning & Resources (30%) – Faculty qualifications, student-teacher ratio, and available facilities. A strong academic setup ensures students get the best learning experience.
- Research & Professional Practice (30%) – Research work, published papers, and projects by teachers and students. IIMs with good research work get more industry tie-ups and global recognition.
- Graduation Outcomes (20%) – Job placements, salary packages, and further studies. A high score here means students have better job opportunities and career growth.
- Outreach & Inclusivity (10%) – Student diversity, equal opportunities, and representation from different backgrounds. IIMs that welcome students from all backgrounds create a better learning environment.
Perception (10%) – Reputation among companies, other colleges, and experts. A high score here means the IIM is well-respected in the corporate and education world
Conclusion
All the Top 10 NIRF Ranked IIM colleges in India provide quality education, skilled teachers, strong industry connections, and great job opportunities. While rankings can guide your choice, every IIM college on this list offers a valuable MBA degree course and interactive learning experience. No matter which one you choose, you will study in a supportive and challenging environment that helps you grow.
With hard work and focus, an MBA from any of these IIMs can lead to a successful future. So, are you ready to move forward? Explore your options and begin your journey today.
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