22 IIMs in India: Full List 2026 & Details (New, Old, Baby)

India has 22 Indian Institutes of Management (IIMs) currently offering management education through postgraduate, undergraduate, executive, and doctoral programmes. IIM Ahmedabad and IIM Calcutta were established in 1961, followed by IIM Bangalore in 1973 and IIM Lucknow in 1984. In 2025, IIM Guwahati has been established by the Government of India under the Ministry of Education.

Admission to IIMs varies by programme. Most two-year MBA or Post Graduate Programme (PGP) courses accept CAT scores, followed by other selection criteria. For undergraduate management programmes, institutes use different entrance exams, including IPMAT Indore, IPMAT Rohtak, and JIPMAT. Several IIMs also offer executive programmes for working professionals and doctoral programmes for research aspirants.

At LPT, we help you understand everything you need to know about IIMs in India, from courses and fees to admissions, cut-offs, placements, and rankings, so you can choose the right one to target and plan your path strategically.

List of IIMs in India

There are currently 22 IIMs in India operating across different states in India. Below is the full list with location and establishment year:

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State-Wise Distribution of IIMs in India

IIM Guwahati, established in 2025, is the 22nd IIM in India. The following table lists the IIMs by state or Union Territory and their city locations.

Classification of IIMs: Old, New, and Baby

Over time, IIMs have been categorized into three broad groups based on their establishment and maturity.

Explore everything you need to know about IIM Bangalore here:

Courses Offered at IIMs in India

IIMs offer a wide range of management programs designed for different levels — from undergraduates to executives and researchers. Here’s a quick look at the main programs:

IIM Admission Process (UG & PG)

Getting into an IIM is a dream for lakhs of aspirants every year. While most IIMs admit through the Common Admission Test (CAT) for postgraduate programs, some offer specialized entrance tests for integrated or executive programs.

For IPM (Integrated Program in Management)

• Admission through IPMAT exam, conducted by IIM Indore or Rohtak.
• Shortlisted candidates appear for Personal Interview.
• Selection based on IPMAT score, academic record, and performance in PI.

IIMs Offering IPM Courses

For MBA

• Qualify for CAT Exam: Appear for the CAT exam, conducted annually by one of the IIMs on a rotational basis (usually in November).
• Shortlisting by IIMs: Each IIM releases its own CAT Cut-off Percentile to shortlist candidates for the next stage.
• Written Ability Test (WAT): Shortlisted candidates write a short essay to assess communication and analytical skills.
• Personal Interview (PI): The final round where candidates are evaluated on academics, work experience, and overall personality.
• Final Composite Score: The final merit list is prepared based on CAT score, WAT, PI, academic background, gender diversity, and work experience.

For Executive MBA and PhD

• Based on GMAT/GRE/CAT scores, followed by interviews and SOP review.
• Candidates with industry experience are preferred.

Important CAT Resources for MBA Aspirants

IIM Reservation Policy (as per Government of India)

Explore MBA College Comparisons

• FMS Delhi vs IIM Ahmedabad
• FMS Delhi vs IIM Calcutta

IIM Fees Structure

Fees vary depending on the institute and program. The top IIMs charge between ₹20–30 lakhs for their 2-year MBA programs, while newer ones have more affordable structures.

Get a complete breakdown of IIMs MBA Fees

IIM Placements Highlights

Placements are one of the strongest reasons why students aspire to study at IIMs. Each year, leading companies from consulting, finance, technology, and FMCG sectors recruit IIM graduates with premium packages.

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IIM Alumni & Notable Achievers

The IIM alumni network is one of the strongest in the world — with graduates holding top positions in business, government, academia, and startups.

These are a few inspiring names:

• Raghuram Rajan (IIM Ahmedabad): Former RBI Governor
• Indra Nooyi (IIM Calcutta): Former CEO, PepsiCo
• Arundhati Bhattacharya (IIM Calcutta): Former Chairperson, SBI
• Sanjeev Bikhchandani (IIM Ahmedabad): Founder, Naukri.com
• Harsha Bhogle (IIM Ahmedabad): Renowned cricket commentator and entrepreneur
• Manu Kumar Jain (IIM Calcutta): Former Global VP, Xiaomi
• Deepinder Goyal (IIM Calcutta): Founder, Zomato

How to Choose the Right IIM in India?

To choose the right IIM, candidates should know the programme they want to pursue, the admission criteria of the institute, total education cost, and the career outcomes of the institute. Here are key factors you should consider before choosing the IIM. 

• Programme Type: Decide whether you need a two-year MBA, an executive programme, or an undergraduate/integrated management course.
• Career Goals: Check the curriculum, specialisations, internships, and career opportunities offered by each institute.
• Scholarships and Financial Aid: Check eligibility for need-based assistance and institute-specific scholarships.
• Fees and ROI: Compare total programme fees with the latest average and median placement salaries.
• Placement Reports: Review the latest official placement reports, including salary figures and reporting year, before making your final choice.