New IIMs vs SIBM Pune: Choosing the right B-school can have a strong impact on the careers of MBA aspirants. Aspirants often wonder which is better among the New IIMs and SIBM Pune for admission to management programs. To make the right choice, they should consider factors like fee structure, courses offered, eligibility, ROI, etc. These institutes are known for their academic excellence and strong placement records. The placement packages at New IIMs range from INR 14 LPA and INR 60 LPA+. The placement offers at SIBM Pune often range between INR 28 LPA and INR 53 LPA+. The comparative analysis of New IIMs vs SIBM Pune is discussed below to guide the candidates in the right direction.
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New IIMs vs SIBM Pune: Establishment Year
The establishment years of New IIMs were between 2011-2016, while SIBM Pune was established in the year 1978. The main objective of this institute was to offer the best education in the management field to graduates/working professionals. Check the comparison of New IIMs vs SIBM Pune regarding the establishment year shared below:
New IIMs vs SIBM Pune: Year of Establishment
Type of Institute | College Name | Established Year |
New IIMs | IIM Tiruchirappalli | 2011 |
IIM Kashipur | 2011 | |
IIM Udaipur | 2011 | |
IIM Bodh Gaya | 2015 | |
IIM Amritsar | 2015 | |
IIM Sambalpur | 2015 | |
IIM Nagpur | 2015 | |
IIM Visakhapatnam | 2015 | |
IIM Sirmaur | 2015 | |
IIM Jammu | 2016 | |
SIBM Pune | 1978 |
New IIMs vs SIBM Pune: NIRF Ranking (Management)
Candidates should check the NIRF ranking of New IIMs and SIBM Pune when applying for MBA admissions. It offers a detailed overview of the institution’s prestige, academic strengths, and future career potential. The Comparison of New IIMs vs SIBM Pune regarding the NIRF Ranking is discussed below:
New IIMs vs SIBM Pune NIRF Ranking
Type of Institute | College Name | NIRF Ranking 2024 |
New IIMs | IIM Tiruchirappalli | 27 |
IIM Kashipur | 23 | |
IIM Udaipur | 22 | |
IIM Bodh Gaya | 33 | |
IIM Amritsar | 47 | |
IIM Sambalpur | 50 | |
IIM Nagpur | 31 | |
IIM Visakhapatnam | 26 | |
IIM Sirmaur | 57 | |
IIM Jammu | 42 | |
SIBM Pune | 13 |
New IIMs vs SIBM Pune: Fee Structure
Aspirants should check the fee structure of New IIMs and SIBM Pune before applying. This allows them to compare institutions in terms of affordability. It helps them select the suitable option based on their financial budget. The fee structure for MBA programs at New IIMs usually costs between INR 16 Lakh and INR 21 Lakh+. The SIBM Pune fees for MBA admission are around Rs 15 Lakhs. The Comparison of New IIMs vs SIBM Pune regarding the MBA Fee Structure is discussed below for reference purposes:
New IIMs vs SIBM Pune: MBA Fee Structure
Type of Institute | College Name | Fees |
New IIMs | IIM Tiruchirappalli | INR 16,00,000 |
IIM Kashipur | Rs 17,30,000 | |
IIM Udaipur | INR 18,00,000 | |
IIM Bodh Gaya | Rs. 17,96,000 | |
IIM Amritsar | INR 21,00,000 | |
IIM Sambalpur | INR 21,00,000 | |
IIM Nagpur | INR 21,00,000 | |
IIM Visakhapatnam | INR 20,00,000 | |
IIM Sirmaur | INR 20,00,000 | |
IIM Jammu | Rs 20,73,960 | |
SIBM Pune | Rs 15 Lakhs |
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New IIMs vs SIBM Pune: Programs Offered
New IIMs and SIBM Pune offer admission to MBA programs in different specialisations. It may include Finance, Marketing, Data Analytics, Human Resource Management, Operations and Supply Chain Management. A graduate degree with the required minimum marks is mandatory for MBA course eligibility. New IIMs typically accept CAT scores, and SIBM Pune accept SNAP scores to shortlist candidates for further MBA admissions. The Comparison of New IIMs vs SIBM Pune regarding the Programs Offered is discussed below:
New IIMs vs SIBM Pune: Courses Offered
Type of Institute | College Name | Program Offered |
New IIMs | IIM Tiruchirappalli | PGPM (MBA), PGPM-HR (MBA-HR), PGPBM (MBA for Working Executives in Chennai) |
IIM Bodh Gaya | MBA, MBA (Digital Business Management), MBA (Hospital and Healthcare Management) | |
IIM Kashipur | MBA, MBA (Analytics), EMBA, EMBAA (Executive Master of Business Administration Analytics) | |
IIM Udaipur | MBA, MBA- DEM (Digital Enterprise Management), MBAGSCM (Global Supply Chain Management), Executive MBA (Online) | |
IIM Sirmaur | MBA, MBA (Tourism Management), MBA (Travel, Tourism and Hospitality), ExMBA, ExMBA (Digital Transformation & Analytics), MBA (Family Business) | |
IIM Amritsar | MBA, MBA-Business Analytics, MBA-HRM, EMBA, M.Sc. in Data Science (MSDSM) jointly offered with IIT Ropar | |
IIM Jammu | MBA, MBA (Hospital Administration & Healthcare Management), Executive MBA | |
IIM Sambalpur | MBA, Executive MBA, MBA for Working Professionals | |
IIM Visakhapatnam | PGP, EMBA | |
IIM Nagpur | MBA, E-MBA | |
SIBM Pune | MBAMBA (Innovation & Entrepreneurship)MBA Executive |
New IIMs vs SIBM Pune: Placement Statistics
Reviewing the placement records of New IIMs and SIBM Pune is a crucial step for every MBA aspirant. This helps them understand the industry connections and salary packages offered by the respective institute to enrolled students over the years. Graduates from the New IIMs often receive salary offers ranging from INR 14 LPA to INR 60 LPA+. SIBM Pune’s placement packages typically fall between INR 28 LPA and INR 53 LPA+
New IIMs vs SIBM Pune: Salary Package Offered
Type of Institute | College Name | Placement Package |
New IIMs | IIM Tiruchirappalli | INR 19.43 LPA-INR 43.69 LPA |
IIM Kashipur | INR 15 LPA-INR 29 LPA | |
IIM Udaipur | INR 18 LPA-INR 47 LPA | |
IIM Bodh Gaya | INR 13 LPA-INR 32 LPA | |
IIM Amritsar | INR 19 LPA-INR 28 LPA | |
IIM Sambalpur | INR 14 LPA-INR 23 LPA | |
IIM Nagpur | INR 16 LPA-INR 38 LPA | |
IIM Visakhapatnam | INR 15 LPA-INR 43 LPA | |
IIM Sirmaur | INR 13 LPA-INR 60 LPA | |
IIM Jammu | INR 15 LPA-INR 31 LPA | |
SIBM Pune | INR 28.83 LPA-INR 53.58 LPA |
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New IIMs vs SIBM Pune FAQs
Candidates should be a graduate with minimum required marks and qualified entrance tests like CAT/SNAP to be eligible for MBA admissions for the New IIMs and SIBM Pune.
The fee structure for MBA programs at New IIMs and SIBM Pune usually costs between INR 15 Lakh and INR 21 Lakh+.
The New IIMs typically offer salary packages ranging from INR 14 LPA to INR 60 LPA, while SIBM Pune’s placements offer usually fall between INR 28 LPA and INR 53 LPA+.