Which Are the Old vs New IIMs in India?

If you compare the older and newer IIMs, the most significant disparity is in their legacy, brand value, and placement figures. First-generation IIMs , such as Ahmedabad, Bangalore, and Calcutta, are among the most renowned IIMs in India, boasting a strong international reputation. In 2025, old IIMs offered average packages in top positions in consulting, finance, and strategy that reached INR 25 to 35 lakh per annum . International companies continue to give them preference during campus placements. The new IIMs, established after 2009, are expanding rapidly with better infrastructure and faculty strength. Their average salaries now stand between INR 15 to 18 lakh, indicating steady improvement. Both contribute equally towards building up management education in India. Let us unveil the list of old vs new IIMs in India in this read.

Also Read: IIM Result 2026: Direct Link, Release Dates, Status, Final Cutoff & Selection List

List of Old IIMs in India

Those IIMs which were established during the 1960s and 1990s form the list of the oldest IIMs in India. Students studying there can benefit from a century of academic dominance, strong industry ties, and powerful alumni networks around the world. They are always among the best performers when it comes to placement rates in the country, and average offers often run as high as INR 30 to 35 lakhs or above over the last few years. As the trendsetters in management/ business education, these IIMs continue to set leadership and corporate excellence benchmarks.

List of New IIMs in India

The list of newly initiated or new IIMs includes those which were established between the mid-2000s and 2023. The new IIMs in India further increased opportunities for management aspirants with more seats and improved regional presence. Although named "new" due to recent establishment, these institutions are progressively making a name for themselves. They have excellent placement records with top packages crossing INR 30 to 35 LPA and averages in the range of INR 15 to 18 LPA, showcasing their improved competitiveness against the older, established IIMs.

*Note: Earlier, NITIE (National Institute of Industrial Engineering) was converted into IIM Mumbai in 2023.

Differences Between Old vs New IIMs

Given below is a clear comparison table to help you understand the main differences between the old vs new IIMs in India:

If you want to target the CAT exam with hopes of joining an IIM, you need to know about how the older IIMs differ from the newer IIMs. The older IIMs, such as Ahmedabad, Bangalore, and Calcutta, typically need higher CAT percentiles, usually above 98, and offer good alumni networks and industry-best placement packages. The new or baby IIMs, although slightly more relaxed in their cutoffs, are slowly making a mark on the industry. They are all guided by older IIMs to uphold academic standards and continuous development.

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