All the 3 baby IIMs namely IIM Udaipur, Ranchi, and Trichy are the top 3 among the new IIMs, so if you choose one over the other, it usually is a matter of personal preference. As far as I know, Udaipur fares better in terms of international rankings like QS, FT, and also NIRF in research, etc. This speaks highly of the future potential the institute has. In terms of placements, IIM Ranchi is a better choice. Here is a table with a comparative analysis of the 2 institutes.
Particulars |
IIM Ranchi |
IIM Udaipur |
Fees |
?8.95 Lakhs (1st Year Fees) |
10,00,000/Yr |
Ranking |
15 out of 125 NIRF |
22 out of 125 NIRF |
Highest CTC |
INR 65 LPA |
INR 36 LPA |
Average CTC |
- |
INR 20.3 LPA |
Top Recruiters |
Capgemini, Dell, Infosys, Asian Paints, Dell |
Goldman Sachs, HSBC, Accenture |
Overall, the final decision is yours to make based on personal inclinations and priorities.
Having some friends studying in both the IIMs has given me some insight into the institutions. I can say that there is no significant difference between the two IIMs. They're both doing well. However, the impression is important, and Ranchi now has a stronger reputation than Udaipur, which may be due to its somewhat higher placement figures.
Ranchi will win out over Udaipur. As a result, you make your decision depending on your criteria. You will not regret it if you join any of them. In the end, it should be a personal choice based on your research and priorities. Always be grateful for the fact that you got admission to an IIM.
Categories | IIM Ranchi | IIM Udaipur |
Course Fee | 9.75 lakhs | 15.5 lakhs |
Highest CTC | 27 LPA | 22 LPA |
Average CTC | 12 LPA | 12 LPA |
Recruiting Companies | Flipkart, Deloitte, IBM, DE Shaw, etc. | Cisco, Pidilite, ICICI Bank, Goldman Sachs, etc. |
During this two-year journey, you will experience the highs and lows. But one thing is certain: you will cherish every last detail of it in the years to come.