The Indian Institutes of Management (IIMs) are the most preferred destinations for MBA aspirants in India. They offer quality education with good placements. India has 22 IIMs that have been categorized into old, new and baby IIMs. While the older IIMs have strong reputation and extensive corporate connections, the new and baby IIMs are making their way to be established.
The Old vs New vs Baby IIMs Placement 2026 comparison is the best way to help one to understand them by categorising them based on parameters such as average salary, median package, highest salary, top recruiters and new recruiters.Â
The older IIMs include IIM Ahmedabad, IIM Bangalore, IIM Lucknow,IIM Calcutta as prominent names. On the other hand IIM Shillong, IIM Raipur, IIM Ranchi are generally included among the newer IIMs, while IIM Nagpur, IIM Bodh Gaya and IIM Jammu are commonly classified as baby IIMs. In this blog, we have shared the direct comparison among Old vs New vs Baby IIMs Placement based on average salary, highest salary and more.
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Old vs New vs Baby IIMs Placement 2026: Highlights
The following table has basic highlights regarding the Old IIMs, New IIMs and Baby IIM.
| Parameter | Old IIMs | New IIMs | Baby IIMs |
| List of IIMs | IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, IIM Indore | IIM Shillong, IIM Ranchi, IIM Rohtak, IIM Raipur, IIM Tiruchirappalli, IIM Udaipur, IIM Kashipur | IIM Nagpur, IIM Jammu, IIM Bodh Gaya, IIM Sambalpur, IIM Sirmaur, IIM Amritsar, IIM Visakhapatnam |
| Institutional legacy | Long-established | Developing, with several established alumni networks | Relatively young |
| Recruiter network | Broad and well-established | Growing across sectors | Expanding as campuses mature |
| Alumni network | Extensive and established | Growing | Developing |
| Placement opportunities | Strong access to premium consulting, finance, general management and leadership roles | Opportunities across consulting, analytics, finance, marketing, operations and general management | Opportunities across consulting, BFSI, technology, sales, marketing, operations and other functions |
List of IIMs in India: Old IIMs, New IIMs and Baby IIMs
The table below has the list of old, new and baby IIMs along with their year of establishment.
| Old IIMs List | New IIMs List | Baby IIMs List | |||
| Old IIMs in India | Old IIMs Establishment year | New IIMs Colleges in India | New IIMs Establishment year | Baby IIMs Colleges in India | Baby IIMs Establishment year |
| IIM Ahmedabad (IIM – A) | 1961 | IIM Shillong | 2007 | IIM Amritsar | 2015 |
| IIM Calcutta (IIM-C) | 1961 | IIM Rohtak | 2010 | IIM Nagpur | 2015 |
| IIM Bangalore(IIM-B) | 1973 | IIM Ranchi | 2010 | IIM Sambalpur | 2015 |
| IIM Lucknow(IIM-L) | 1984 | IIM Raipur | 2010 | IIM Sirmaur | 2015 |
| IIM Kozhikode (IIM-K) | 1996 | IIM Udaipur | 2011 | IIM Jammu | 2016 |
| IIM Indore(IIM-I) | 1996 | IIM Bodh Gaya | 2015 | ||
| IIM Mumbai | 1963 (It was previously known as NITIE and was converted to IIM in 2023) | IIM Visakhapatnam. | 2015 | ||
| IIM Trichy | 2011 | ||||
| IIM Kashipur | 2011 | ||||
| IIM Guwhati | 2025 | ||||
Old IIM Placements 2026: Highest & Average Package
The old IIMs, i.e., IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, and IIM Indore commonly known as BLACKI have a 100% placement record. As they are the oldest ones, therefore, they have an established network of recruiters They attract the top recruiters with high CTC. The table below displays the average CTC and Highest CTC of the old IIMs based on the 2024-26 placement report.
| Institute | Highest CTC (Domestic/International) | Average CTC |
| IIM Ahmedabad | Rs. 2.20 Crore (Estimated Peak) | Rs. 27.03 LPA |
| IIM Calcutta | Rs. 1.25 Crore | Rs. 35.37 LPA |
| IIM Bangalore | Not yet announced for 2026 Rs. 1.15 Cr (for 2025) | Rs. 35.35 LPA |
| IIM Mumbai | Rs. 71.40 LPA | Rs. 34.50 LPA (Top 50% Avg) |
| IIM Lucknow | Rs. 1.00 Crore | Rs. 33.20 LPA |
| IIM Kozhikode (based on 2025 report) | Rs. 81.00 LPA | Rs. 27.50 LPA |
| IIM Indore | Rs. 82.5 LPA | Rs. 27.3 LPA |
New IIM Placements 2026: Highest & Average Package
The new IIMs such as IIM Udaipur, IIM Trichy, IIM Raipur, IIM Ranchi, IIM Rohtak, IIM Kashipur, are steadily bridging the gap between placement and package The table below displays the average package of new IIMs based on the 2025 report.
| Institute | Average Package | Highest Package |
| IIM Shillong | ₹27.03 LPA | ₹71.5 LPA |
| IIM Raipur | ₹20.70 LPA | ₹42.66 LPA |
| IIM Rohtak | ₹20.03 LPA | ₹37.10 LPA |
| IIM Ranchi | ₹19.26 LPA for MBA₹18.86 LPA for MBA HRM₹36.35 LPA for MBA BA | ₹52.50 LPA for MBA₹19.26 LPA for MBA₹41.40 LPA for MBA HRM₹21.07 LPA for MBA BA |
| IIM Trichy | ₹18 LPA for PGPM/MBA including ESOPs | ₹44.98 LPA for PGPM/MBA including ESOPs |
| IIM Udaipur | ₹17.58 LPA | Not provided |
| IIM Kashipur | ₹14.95 LPA | ₹32.13 LPA |
| IIM Nagpur | Not provided | ₹69.57 LPA |
| IIM Sambalpur | Not provided | ₹48.6 LPA |
Baby IIM Placements 2026: Highest & Average Package
The baby IIMs are still making their way towards establishing themselves in terms of placements and networking. The average and highest CTC is given below for the baby IIMs.
| Institute | Average CTC | Highest CTC |
| IIM Nagpur | ₹18.08 LPA | ₹73.18 LPA |
| IIM Jammu | ₹16.04 LPA | ₹26.60 LPA |
| IIM Visakhapatnam | ₹15.72 LPA | ₹32.50 LPA |
| IIM Sambalpur* | ₹15.65 LPA | ₹48.60 LPA |
| IIM Bodh Gaya | ₹14.80 LPA | ₹45.63 LPA |
| IIM Sirmaur | ₹13.30 LPA | Not stated |
| IIM Amritsar | Not disclosed | ₹43.00 LPA |
| IIM Guwahati | — | — |
Old IIMs vs New IIMs: Placement Comparison
A gist of the placement record of the old, new and baby IIMs has been given below for the sake of understanding.
| IIM Category | Placement Rate | Median Package | Avg. Package |
| Old IIMs | Near 100% | ₹25–35 LPA | ₹28–35 LPA |
| New IIMs | 95–100% | ₹15–24 LPA | ₹18–27 LPA |
| Baby IIMs | 90–100% | ₹12–20 LPA | ₹14–20 LPA |
Conclusion
One should not look at the IIMs only through the institute’s category as old vs new vs baby IIMs, rather, based on placement, average salary, top companies, recruiters, academics and much more. Old IIMs generally have the fair advantage of having an established corporate and alumni ecosystem, while new and baby IIMs are building their reputation worldwide through networking. One should make an informed decision based on placement reports, median salary, fee structure, etc. The best IIM should be the one that supports long term goals.
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