New IIMs vs SIBM Pune: Which One Should You Choose for MBA?

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New IIM vs SIBM Pune
New IIM vs SIBM Pune

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 InstituteCollege NameEstablished Year
New IIMsIIM Tiruchirappalli2011
IIM Kashipur2011
IIM Udaipur2011
IIM Bodh Gaya2015
IIM Amritsar2015
IIM Sambalpur2015
IIM Nagpur2015
IIM Visakhapatnam2015
IIM Sirmaur2015
IIM Jammu2016
SIBM Pune1978

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 InstituteCollege NameNIRF Ranking 2024
New IIMsIIM Tiruchirappalli27
IIM Kashipur23
IIM Udaipur22
IIM Bodh Gaya33
IIM Amritsar47
IIM Sambalpur50
IIM Nagpur31
IIM Visakhapatnam26
IIM Sirmaur57
IIM Jammu42
SIBM Pune13

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 InstituteCollege NameFees
New IIMsIIM TiruchirappalliINR 16,00,000
IIM KashipurRs 17,30,000
IIM UdaipurINR 18,00,000
IIM Bodh GayaRs. 17,96,000
IIM AmritsarINR 21,00,000
IIM SambalpurINR 21,00,000
IIM NagpurINR 21,00,000
IIM VisakhapatnamINR 20,00,000
IIM SirmaurINR 20,00,000
IIM JammuRs 20,73,960
SIBM PuneRs 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 InstituteCollege NameProgram Offered
New IIMsIIM TiruchirappalliPGPM (MBA), PGPM-HR (MBA-HR), PGPBM (MBA for Working Executives in Chennai)
IIM Bodh GayaMBA, MBA (Digital Business Management), MBA (Hospital and Healthcare Management)
IIM KashipurMBA, MBA (Analytics), EMBA, EMBAA (Executive Master of Business Administration Analytics)
IIM UdaipurMBA, MBA- DEM (Digital Enterprise Management), MBAGSCM (Global Supply Chain Management), Executive MBA (Online)
IIM SirmaurMBA, MBA (Tourism Management), MBA (Travel, Tourism and Hospitality), ExMBA, ExMBA (Digital Transformation & Analytics), MBA (Family Business)
IIM AmritsarMBA, MBA-Business Analytics, MBA-HRM, EMBA, M.Sc. in Data Science (MSDSM) jointly offered with IIT Ropar
IIM JammuMBA, MBA (Hospital Administration & Healthcare Management), Executive MBA
IIM SambalpurMBA, Executive MBA, MBA for Working Professionals
IIM VisakhapatnamPGP, EMBA
IIM NagpurMBA, E-MBA
SIBM PuneMBAMBA (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 InstituteCollege NamePlacement Package
New IIMsIIM TiruchirappalliINR 19.43 LPA-INR 43.69 LPA
IIM KashipurINR 15 LPA-INR 29 LPA
IIM UdaipurINR 18 LPA-INR 47 LPA
IIM Bodh GayaINR 13 LPA-INR 32 LPA
IIM AmritsarINR 19 LPA-INR 28 LPA
IIM SambalpurINR 14 LPA-INR 23 LPA
IIM NagpurINR 16 LPA-INR 38 LPA
IIM VisakhapatnamINR 15 LPA-INR 43 LPA
IIM SirmaurINR 13 LPA-INR 60 LPA
IIM JammuINR 15 LPA-INR 31 LPA
SIBM PuneINR 28.83 LPA-INR 53.58 LPA

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New IIMs vs SIBM Pune FAQs

Who can apply for MBA admissions for the New IIMs and SIBM Pune?

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.

What are the MBA fees for admission to 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+.

What are the placement statistics of New IIMs and SIBM Pune?

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+.