IIM Undergraduate Programs Ranked, All 14 IPM Routes

Q: Does any IIM publish a placement salary figure specifically for its undergraduate or IPM students?

No, not even IIM Indore, the oldest and most established programme on this list. Every IIM's official placement report combines its undergraduate or IPM batch with its two-year PGP/MBA batch into one shared average and one shared highest figure. Several widely circulated 'IPM placement report' articles checked directly turn out to be MBA-only reports relabelled by aggregators. This is why this ranking uses real years running, real graduates and institute reputation instead of a salary number that doesn't exist.

Q: Which IIM undergraduate programme has the strongest track record right now?

IIM Indore's 5-year Integrated Programme in Management, launched in 2011 with its first graduates in 2016, giving it ten years and multiple graduated cohorts, the deepest real track record of any IIM undergraduate route. IIM Rohtak is second, with two graduated cohorts since its 2019 launch.

Q: Is IIM Bangalore's undergraduate degree the best choice since it's the highest-ranked IIM overall?

IIM Bangalore carries the strongest overall brand on this list, NIRF rank 2 nationally, but its undergraduate degree (B.Sc Economics or B.Sc Data Science) only launched in the 2025-26 admission wave and has zero graduates so far. It is ranked on reputation, not on proof, since none exists yet for this specific degree.

Q: How is IIM Udaipur's BBA different from the other 13 programmes on this list?

IIM Udaipur's BBA is fully online with no entrance exam at all, unlike the other 13 programmes, which require IPMAT, JIPMAT, JEE Main, JEE Advanced, or an institute's own written entrance test and are largely on-campus. It is treated as its own category rather than ranked against the other 13, since it is a fundamentally different product.

📍 Jump straight to an institute

1Indore 2Rohtak 3Bangalore 4Kozhikode 5Lucknow 6Mumbai 7Ranchi 8Bodh Gaya 9Jammu 10Amritsar 11Shillong 12Sambalpur 13Sirmaur 14Udaipur

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The Key Numbers

Undergraduate IIM programmes ranked here, every one that currently exists

Of India's 21 IIMs currently run any undergraduate route at all

Years running for the single deepest track record on this list, IIM Indore

7 of 14

Programmes with zero graduates so far, ranked here on reputation, not invented outcomes

👤 Anshul Wadhwa · Career Counsellor and IPM/IPMAT Mentor, AptiGuide · Based in Jalandhar, working with students across India · 16+ years mentoring, 10-time 99-plus CAT percentiler, highest 99.92 · every claim on this page checked against each institute's own document, official convocation coverage, or a named NIRF tracker, see Sources below

🎯 Quick Answer

What Is IPMAT, and Which of These 14 Programmes Actually Use It?

IPMAT (Integrated Programme in Management Aptitude Test) is the entrance exam IIM Indore conducts for its own IPM batch. Six of these 14 programmes admit through an IPMAT Indore score: IIM Indore, IIM Rohtak, IIM Ranchi, IIM Amritsar, IIM Shillong and IIM Sirmaur. Two more, IIM Jammu and IIM Bodh Gaya, use a related but separate national exam called JIPMAT. The remaining six admit through their own test, JEE Main, JEE Advanced, or, for IIM Udaipur, no entrance exam at all.

If you're preparing specifically for IPMAT Indore, six programmes are actually on the table for you, not all fourteen. Use the filter below the ranking to see just those six.

🔍 The Data Problem, Named Honestly

Why This Page Doesn't Use a Placement Salary Number, for Any of the 14

Every widely circulated "IPM placement report" checked directly this month turned out to be something else. IIM Indore's own official Final Placement Report states its 2024 batch was "594 students from the two-year Post Graduate Programme (PGP) and five-year Integrated Programme in Management (IPM)" combined, one shared average of Rs 25.68 LPA and one shared highest of Rs 1 crore, both figures covering both programmes together. A separately circulating "IPMAT Placement 2025" figure of Rs 29.57 LPA turned out to be the exact same combined cohort, simply relabelled.

The pattern repeats across the list. Every cited IIM Rohtak placement figure is explicitly the two-year PGP batch, confirmed from the source articles' own text. The most-shared "IIM Bodh Gaya IPM Placement Report" is hosted on IIM Bodh Gaya's own site under a completely different name, an MBA batch brochure relabelled as an IPM report by an aggregator. An article specifically about IIM Ranchi's IPM placements states outright that "there is no specific placement data for the IIM Ranchi IPM batch publicly available on the official website," then quietly pivots to MBA figures instead.

So this ranking does not use CTC. It uses what can actually be checked: how many years a programme has existed, whether it has real graduates yet, and, where it doesn't, how strong the parent institute's own reputation is.

📊 Institute Reputation, Where Track Record Doesn't Exist Yet

NIRF Management Rank and Founding Year

For programmes with no graduates yet, this ranking leans on the parent institute's actual standing, not the newness of the undergraduate degree itself. A programme launched last year at a 50-year-old, NIRF-top-3 institute is not the same bet as one launched last year at an institute that is itself only 10 years old.

IIM	NIRF Rank (2025)	Institute Founded	Note
Bangalore	2	1973	Cross-confirmed by two independent trackers
Indore	6–8	1996	Sources vary on exact spot, both place it top 10 (S tier here on track record, not reputation)
Kozhikode	3	1996	Cross-confirmed
Lucknow	5	1984	Cross-confirmed
Mumbai (NITIE)	6–7	1963, IIM tag since 2023	60+ years as NITIE, the "IIM" branding itself is recent
Ranchi	Not top 10	2009	The 9th IIM, older institute than its 2021 IPM launch suggests
Amritsar	Not top 10	2015
Bodh Gaya, Jammu, Sambalpur, Sirmaur	Not top 10	2015–2016	Third-wave IIMs

Rohtak and Shillong are left out of this table on purpose. Sources disagreed sharply on their exact numeric NIRF rank, so no unverified number is used in this ranking for either, only the directionally agreed facts (real graduates for Rohtak, mid-table not top-10 brand for Shillong) shown in their cards below.

🏆 The Full Ranking, All 14, Every One That Exists

Every IIM Undergraduate Programme, Tiered Honestly

This covers all 11 IIMs currently offering an undergraduate route and all 14 programmes between them, it's exhaustive, not a curated shortlist picked for a reel. Each card carries the real entry route, what track record (or reputation) it's actually ranked on, and who it's realistically right for.

1Indore 2Rohtak 3Bangalore 4Kozhikode 5Lucknow 6Mumbai 7Ranchi 8Bodh Gaya 9Jammu 10Amritsar 11Shillong 12Sambalpur 13Sirmaur 14Udaipur

Filtering by IPMAT Indore score only shows the programmes actually reachable through that specific exam. If a tier shows nothing, none of that tier's programmes use IPMAT.

IIM Indore

🥇 S Tier

Integrated Programme in Management (IPM) · IPMAT Indore entrance after Class 12 · 5 years, exits with a UG degree at year 3 (optional) or the full dual UG+MBA-equivalent at year 5

Launched 2011, first graduates in 2016. Ten years of real working alumni and multiple graduated cohorts, the longest and deepest track record of any IIM undergraduate route on this list, full stop.

💰 On placement data: IIM Indore's own official Final Placement Report 2024 states its batch of 594 combined the two-year PGP and five-year IPM, one shared average of Rs 25.68 LPA and one shared highest of Rs 1 crore. Not an IPM-only number, no IIM publishes one, but it's the only figure any IIM puts its own name to.

Right for: students who want the single deepest, most-tested track record on this list and are prepared to compete at historically the toughest IPMAT Indore cutoff of the six programmes that use it.

Anshul's take: ten years and multiple graduated cohorts is not marketing, it's the one number on this entire list that nobody can dispute.

IIM Rohtak

🥈 A Tier

Integrated Programme in Management (IPM) · IPMAT Indore score · 5 years

Launched 3 August 2019, cross-confirmed via Wikipedia and IIM Rohtak's own labelling of its 2026-31 batch as "IPM Batch 08," which backs out to Batch 01 in 2019. Two graduated cohorts so far, 2024 and 2025, real but a shallower track record than Indore's decade.

💰 On placement data: every cited IIM Rohtak placement figure (Rs 19.27 LPA, Rs 18.73 LPA) is explicitly the two-year PGP/MBA batch, confirmed from the source articles' own text. No IPM-only figure exists here either.

Right for: students who want a real, if newer, graduate track record without competing at Indore's toughest-in-the-country cutoff, the second-oldest IPMAT Indore-score programme.

Anshul's take: two full graduated cohorts is real proof, just a thinner slice of it than Indore's decade.

IIM Bangalore

B Tier

B.Sc Economics or B.Sc Data Science · IIMB's own entrance test, not IPMAT · 4 years

2025-26 admission wave, zero graduates yet. NIRF rank 2, the single best IIM brand on this entire list, institute founded 1973.

💰 On placement data: zero graduates means zero placement data of any kind can exist yet for this specific degree.

Right for: students who want to bet on the single best IIM brand in the country and are comfortable being an early cohort with no outcome data yet.

Anshul's take: this is the one placed on reputation alone, and it deserves to be, rank 2 NIRF is real, but real is different from proven for this specific degree.

IIM Kozhikode

C Tier

BMS Honours with Research · IIMK's own entrance test · 4 years

2025-26 wave, zero graduates. NIRF rank 3, founded 1996, a top-five IIM name by any measure.

💰 On placement data: zero graduates, zero placement data yet for this degree.

Right for: students who want a top-five IIM name and don't mind clearing the institute's own admission test rather than IPMAT.

Anshul's take: brand strength here is real and cross-confirmed, the honesty is just that the degree itself hasn't graduated anyone.

IIM Lucknow

C Tier

BS in AI and Business Analytics · JEE Advanced score · 4 years

Zero graduates yet. NIRF rank 5, founded 1984, a long established top-tier IIM.

💰 On placement data: zero graduates, zero placement data yet for this degree.

Right for: students already targeting JEE Advanced anyway, who want a long-established top-IIM name attached to a newer analytics-focused degree.

Anshul's take: an old, trusted institute name on a brand-new, zero-track-record degree, know which half you're actually betting on.

IIM Mumbai

C Tier

BS Digital Science and Business Management · JEE Main plus interview · 4 years

Zero graduates yet. NIRF rank 6–7, the institute itself (as NITIE) founded 1963, IIM tag only since 2023.

💰 On placement data: zero graduates, zero placement data yet for this degree.

Right for: students who want the deepest institutional history on this list, 60-plus years as NITIE, attached to a brand-new IIM-branded undergraduate degree.

Anshul's take: the honest caveat is that the "IIM" label itself is only 2 to 3 years old, even though the institute behind it is older than most other IIMs on this list.

IIM Ranchi

D Tier

IPM / IPM(BBA) · IPMAT Indore score · 5 years

Institute founded 2009, the 9th IIM, older than its 2021 IPM launch suggests. First-ever convocation, 28 March 2026, 73 students from IPM Batch 2021-26 plus 35 from IPM(BBA) Batch 2022-25.

💰 On placement data: none published. An article specifically about IIM Ranchi's IPM placements states outright there is no specific data for it on the official website.

Right for: students who want real, if brand-new, graduates and a genuine IPMAT Indore-score entry route, comfortable with a younger, still-building institute brand.

Anshul's take: first real graduates is genuine proof, it's just proof from a lighter brand than Bangalore, Kozhikode, Lucknow or Mumbai carry.

IIM Bodh Gaya

D Tier

IPM / IPM(BBA) · JIPMAT · 5 years

Institute founded 2015, IPM launched 2021. 8th convocation, 2026, 60 IPM/BBA graduates out of 579 total.

💰 On placement data: a widely shared "IIM Bodh Gaya IPM Placement Report" (Rs 13.9 LPA) is hosted on IIM Bodh Gaya's own site under a completely different name, an MBA batch brochure relabelled as an IPM report by an aggregator.

Right for: students comfortable with JIPMAT instead of IPMAT Indore, and with a first-batch, brand-still-building institute.

Anshul's take: same story as Ranchi, real first graduates, brand still earning its name, and a placement number circulating for this exact batch that simply isn't what it claims to be.

IIM Jammu

D Tier

Integrated Programme in Management (IPM) · JIPMAT · 5 years

Institute founded 2016, IPM launched 2021. 9th convocation, 2 April 2026, 123 IPM graduates across two batches.

💰 On placement data: every placement report found for IIM Jammu is explicitly labelled MBA batch data. No IPM-specific figure exists.

Right for: students comfortable with JIPMAT and a newer institute, in exchange for a genuinely real, if unsalaried, graduate track record.

Anshul's take: also just graduated its first real batch, also still building the brand that would let that graduation carry more weight.

IIM Amritsar

E Tier

Integrated Programme in Management (IPM) · IPMAT Indore score · 5 years

Institute founded 2015. IPM launched with the 2025-30 batch, confirmed via two independent sources. Zero graduates.

💰 On placement data: zero graduates, zero placement data yet.

Right for: students who specifically want an IPMAT Indore-score entry route at a newer, still-building brand and are fully comfortable being a first-ever cohort.

Anshul's take: the MBA side of IIM Amritsar is a decade old, the IPM side is one year old, don't let the institute's overall age make the degree itself feel more proven than it is.

IIM Shillong

E Tier

Integrated Programme in Management (IPM) · IPMAT Indore score · 5 years

Institute founded 2007, the 7th IIM. NIRF standing mid-table, 26th in the 2022 cycle, not top 10. IPM launched with the 2025-30 batch. Zero graduates.

💰 On placement data: zero graduates, zero placement data yet.

Right for: students who want an older, established IIM overall but are realistic that its NIRF brand pull sits mid-table, not top-10, and that the IPM itself is one year old regardless.

Anshul's take: age of the institute and strength of its brand are two different questions, Shillong answers the first well and the second only moderately.

IIM Sambalpur

E Tier

BS Data Science and AI, or BS Management and Public Policy · JEE Main · 4 years

Institute founded circa 2015, a third-wave IIM. Zero graduates.

💰 On placement data: zero graduates, zero placement data yet.

Right for: students who want a JEE Main-based entry rather than any IPMAT variant, comfortable with the newest, least-established name on this entire list.

Anshul's take: newest and least recognised brand here, no shame in that, just go in knowing it, not discovering it later.

IIM Sirmaur

E Tier

BMS · IPMAT Indore score · 4 years

Institute founded circa 2015, a third-wave IIM. Zero graduates.

💰 On placement data: zero graduates, zero placement data yet.

Right for: students who specifically want the IPMAT Indore-score route at whatever cutoff is most accessible, with the same brand caveat as Sambalpur.

Anshul's take: same weak brand pull as Sambalpur, but if IPMAT Indore is the exam you're already sitting, this is technically on that same scorecard.

IIM Udaipur

Own Category

BBA · fully online, no entrance exam at all · not directly comparable in duration to the others

Online only, no entrance exam, a fundamentally different product from the other 13, not ranked against them at all.

Right for: students who specifically want a fully online, no-entrance-exam BBA and understand it is not comparable to the other 13 on format, campus experience, or peer group.

Anshul's take: not ranked against the other 13 at all, and shouldn't be, a different product for a genuinely different kind of student.

None of the programmes in the currently open tier use an IPMAT Indore score. Switch tabs above, or clear the filter, to see this tier's full detail.

All 14, One Table

Same Ranking, One Scroll

Same 14 programmes, same order, in one simple table. Full detail and sources are in the cards above.

Rank	IIM	Tier	Degree	Entry Exam	Track Record
1	Indore	S	IPM	IPMAT Indore	10 yrs, grads since 2016
2	Rohtak	A	IPM	IPMAT Indore	7 yrs, grads since 2024
3	Bangalore	B	B.Sc Econ/Data Sci	IIMB's own test	0 grads, NIRF 2
4	Kozhikode	C	BMS Hons	IIMK's own test	0 grads, NIRF 3
5	Lucknow	C	BS AI & Analytics	JEE Advanced	0 grads, NIRF 5
6	Mumbai	C	BS Digital Sci	JEE Main + interview	0 grads, NIRF 6–7
7	Ranchi	D	IPM/BBA	IPMAT Indore	First grads Mar 2026
8	Bodh Gaya	D	IPM/BBA	JIPMAT	First grads 2026
9	Jammu	D	IPM	JIPMAT	First grads Apr 2026
10	Amritsar	E	IPM	IPMAT Indore	0 grads, batch 2025-30
11	Shillong	E	IPM	IPMAT Indore	0 grads, batch 2025-30
12	Sambalpur	E	BS Data Sci/Public Policy	JEE Main	0 grads
13	Sirmaur	E	BMS	IPMAT Indore	0 grads
14	Udaipur	Own	BBA (online)	None	Not comparable

Quick Self-Check

Track Record or Brand Name, Which Matters More to You?

Move both sliders honestly, this points you toward a realistic tier, not a generic tip.

How much a proven, years-long track record matters5 / 10

How much the IIM brand name matters, even with zero graduates yet5 / 10

Move the sliders above to see your realistic tier.

Honest Guidance

Should You Even Be Choosing By This Ranking?

✓You're evaluating a 4 to 5 year commitment straight out of Class 12, not a fallback after another exam didn't work out.
✓You understand which of these 14 programmes are proven and which are pure reputation bets, and you're fine with "reputation bet" as a real category, not a red flag to avoid entirely.
✓You want a specific IPMAT Indore prep plan for one of the 6 programmes that actually use it, not a scattergun approach across all 14.
⚠You're choosing purely because "IIM" is in the name, without checking whether that specific degree has any graduates yet. That's exactly the gap this page exists to close.

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Why AptiGuide for IPMAT Specifically

A Specific Track Record, Not a Generic Claim

AptiGuide runs a dedicated IPMAT preparation track covering both the written exam and the Personal Interview round that follows it (see the full IPMAT interview roadmap). The same team has converted 25+ IIM interview calls into final admits across IIM Indore, Rohtak and Ranchi over the last 5 years (AptiGuide's own published track record). Anshul Wadhwa has 16+ years mentoring students and is a 10-time 99-plus CAT percentiler, highest 99.92. The programme runs alongside Priyanka Wadhwa, a Gold Medalist in MA English with 10+ years teaching verbal ability and communication, and folds in mock interviews, group discussions, extempore sessions and written-communication practice, run both offline from AptiGuide's Jalandhar centre and hybrid online for students elsewhere in India.

Based in Jalandhar, working with students across India. AptiGuide runs in-person IPMAT batches from its Jalandhar centre, with students regularly coming in from Kapurthala, Phagwara, Hoshiarpur, Nakodar and Pathankot, alongside hybrid online students nationwide. See the full IPMAT coaching programme in Jalandhar for batch details, or career counselling in Jalandhar for in-person options.

Frequently Asked

Straight Answers

What is IPMAT and which IIMs accept the score?

IPMAT is the entrance exam IIM Indore conducts for its own 5-year IPM batch. Six of the 14 programmes here admit through an IPMAT Indore score: IIM Indore, IIM Rohtak, IIM Ranchi, IIM Amritsar, IIM Shillong and IIM Sirmaur. Two more, IIM Jammu and IIM Bodh Gaya, use a separate national exam called JIPMAT instead. The remaining six use their own entrance test, JEE Main, JEE Advanced, or no entrance exam at all (IIM Udaipur).

Does any IIM publish a placement salary figure specifically for its undergraduate or IPM students?

No, not even IIM Indore. Every IIM's official placement report combines its undergraduate or IPM batch with its two-year PGP/MBA batch into one shared average and one shared highest figure. Several widely circulated "IPM placement report" articles turn out to be MBA-only reports relabelled by aggregators. This is why this ranking uses real years running, real graduates and institute reputation instead.

Which IIM undergraduate programme has the strongest track record right now?

IIM Indore's 5-year IPM, launched in 2011 with first graduates in 2016, giving it ten years and multiple graduated cohorts. IIM Rohtak is second, with two graduated cohorts since its 2019 launch.

Is IIM Bangalore's undergraduate degree the best choice since it's the highest-ranked IIM overall?

IIM Bangalore carries the strongest overall brand here, NIRF rank 2 nationally, but its undergraduate degree only launched in the 2025-26 wave and has zero graduates so far. It's ranked on reputation, not proof, since none exists yet for this specific degree.

How is IIM Udaipur's BBA different from the other 13 programmes?

It's fully online with no entrance exam at all, unlike the other 13, which require IPMAT, JIPMAT, JEE Main, JEE Advanced, or an institute's own test and are largely on-campus. It's treated as its own category rather than ranked against the other 13, since it's a fundamentally different product.

What is JIPMAT and how is it different from IPMAT?

JIPMAT is a separate national-level entrance exam used specifically by IIM Jammu and IIM Bodh Gaya for their IPM admissions, distinct from IPMAT, which IIM Indore conducts and which IIM Rohtak, Ranchi, Amritsar, Shillong and Sirmaur also use for their own admissions.