IIM Udaipur and IIM Kashipur are two of the "New IIMs" or "Next Gen IIMs" of the country. Established in 2011, the IIMs are the 12th and 13th IIMs to become functional in the country, respectively.
As new IIMs, these are some of the fastest growing management institutes of the country, adding multiple new recruiter names during their campus placements every year.
Here, I will try to capture all the relevant facts about these two premier institutes, which may help you make the right B-School choice for your MBA.
Rankings
While rankings can erroneously diminish the image of a management institute, it is a good idea to use them as a reference to see where an institute stands in terms of perception. The rankings below are based on Aspirant perception (InsideIIM) and Graduation outcome (NIRF).
|
|
InsideIIM
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MHRD NIRF (Graduation Outcome)
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IIM Udaipur
|
25th
|
21st
|
IIM Kashipur
|
27th
|
16th
|
Note -
As can be seen clearly, these institutes do not differ too much in terms of rankings, with IIM Udaipur fairing better in terms of perception but IIM Kashipur doing much better in terms of graduation outcomes, according to MHRD.
Admission Criteria 2018 -
IIM Udaipur -
IIM Udaipur's minimum CAT Cut-off is set at 90 percentile, with 80 percentile as the cut-off for all three sections of CAT 2018.
The latest admission criteria (2018) are -
Component
|
Weight
|
CAT Score
|
55%
|
10th
|
2%
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12th
|
2%
|
Graduation
|
4%
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Post-Graduation (CA/CS/ICWA)
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2%
|
Work Experience
|
6%
|
Gender Diversity
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5%
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Academic Diversity
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3%
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Total
|
79%
|
Component
|
Weight
|
WAT
|
6%
|
PI
|
15%
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Total
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21%
|
Take a look at IIM Udaipur's complete selection criteria for 2018
here.
IIM Kashipur -
IIM Kashipur's minimum CAT Cut-off is expected to be set at 90 percentile, with 80 percentile as the cut-off for all three sections of CAT 2018 (as was the case last year).
The latest admission criteria are -
Component
|
Weight
|
Process of Calculation
|
CAT Score
|
30
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(Candidate’s CAT Score/Highest Score) x 30
|
10th
|
5
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(Candidate’s Class Xth Score/100) x 5
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12th
|
5
|
(Candidate’s Class XIIth Score/100) x 5
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Graduation
|
10
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Graduation Marks = X (See table below)
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Post-Graduation
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5
|
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Work Experience
|
5
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Work Experience Marks = X (See table below)
|
Academic Diversity
|
5
|
|
Gender Diversity
|
5
|
|
Total
|
70
|
|
Weight For Graduation score -
Weight For Work Experience -
Take a look at IIM Kashipur's complete selection criteria for 2018
here.
Note -
IIM Udaipur gives much more weightage to the CAT 2018 score, so your CAT performance will be crucial to get into IIM U. On the other hand, IIM Kashipur lays more emphasis on the academic profile of a candidate, with around 40% weightage for CAT scores.
Fees & Placements
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Fees (2018-20)
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Average CTC (Class of '18)
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Highest Domestic CTC (Class of '18)
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Highest CTC (Class of '18)
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Number of Recruiter
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IIM Udaipur
|
13.67 Lakhs
|
13.16 Lakhs
|
19.5 Lakhs
|
53 Lakhs
|
63
|
IIM Kashipur
|
13.15 Lakhs
|
12.19 Lakhs
|
20.84 Lakhs
|
52.9 Lakhs
|
72
|
IIM Udaipur: Placement Highlights -
- a) Top 10% - Rs. 18.88 Lakhs
b) Top 25% - Rs. 16.90 Lakhs
c) Top 50% - Rs. 15.36 Lakhs
- Recruiters Included - Deloitte, ICICI Bank, RBL Bank, Yes Bank
First-time Recruiters - Axis Bank, Aditya Birla Capital, HDFC Bank, Hero MotoCorp, Career Launcher, Toppr.
- Sales and Marketing was the most preferred function, with 43% of the batch opting for Sales & Marketing roles. The most preferred sector was BFSI (32%), followed by IT (20%), and FMCG (17%).
IIM Kashipur: Placement Highlights -
- 35 new recruiters participated in the recruitment process for the Class of 2018.
- Recruiters included - Yes Bank, Deloitte, HDFC Bank, Mitsubishi, Hero MotorCorp, Ultratech Cement
- There was a 55% increase in the number of offers made to the Class of 2018 and a 45% increase in the number of participating companies.
- The most preferred domain was BFSI, followed by IT & Analytics, Manufacturing, and E-Commerce.
Note - In terms of ROI, both business schools fair moderately well. Both these institutes are growing at a fast pace, and a 45% increase in the number of recruiters at IIM Kashipur is proof of this growth.
Sales and Marketing is a very popular function at IIM U, while BFSI is the most preferred sector on both campuses.
Batch Strength (Class of 2019) -
IIM Udaipur
|
233
|
IIM Kashipur
|
206
|
Note -
Both management institutes have similar batch sizes. For IIM U, there has been an increase of 30% in the batch strength from the Class of 2018. For IIM Kashipur, the batch strength has increased by 21%.
Batch Profile (Class of 2019) -
IIM Udaipur -
- 37% of the batch consists of non-engineers. Out of these, 10% are from Science background, 20% are from Commerce background and 7% are from an Arts background.
- 37% of the batch (86 students) consists of freshers, and average work experience of the Class of 2019 is 16 months.
37% of the batch consists of those with 1-3 years of work experience.
- 25% of the batch consists of women (For the Class of 2020, this figure is 24.53%).
IIM Kashipur -
- 15% of the batch consists of non-engineers, with 4% from an Arts background, 6% from a Commerce background, and 5% from other backgrounds.
- 30% of the batch consists of those with 1-3 years of work experience, and average work experience of the Class of 2019 is 23 months.
- A huge 43% of the batch (88 Students) consists of freshers.
Infrastructure
IIM Udaipur -
IIM Udaipur was the first of the new generation IIMs to shift to a permanent campus, a 300-acre site in Balicha, around 8 kilometres away from Old Udaipur, and the 2nd Phase of IIM-U is still under construction. Upon completion, the campus will be able to cater to 750 students across all programmes of IIM-U.
The classrooms at IIM Udaipur are air-conditioned and can seat 40-77 students.
Here is a 77-seater classroom at IIM U -
Source
The IIM Udaipur hostel is just a walking distance from the Academic Block. The hostel rooms are on a double-occupancy basis.
Here is a view of IIM Udaipur's hostel -
Source
All areas of the campus have a connection to high-speed internet. There is a financial lab at IIM U, which features 12 fully equipped terminals with subscriptions to Bloomberg's suite of financial market information and analysis tools. There is also a night-canteen (open till 4:00 AM) and a gym in the Academic Block of the institute. Other facilities include equipment for football, cricket, badminton, volleyball, carrom, table tennis.
IIM Kashipur -
The IIM Kashipur campus is spread across 200-acres of land and is a fully functional permanent campus. The new campus almost looks like a cross between the campuses of FMS Delhi, IIM Ahmedabad and MDI Gurgaon!
Here is a wide angle shot of IIM Kashipur's campus -
Source
To know all about IIM Kashipur's campus, watch this welcome video for the Class of 2020.
Here is what an IIM Kashipur classroom looks like -
Foreign Exchange Possibilities
IIM Udaipur -
IIM Udaipur has a foreign exchange programme called STEP (Student Exchange Programme), wherein students can visit business schools partners in France or Germany in the 5th Trimester. Partner institutes of IIM Udaipur include -
- HHL Leipzig School of Management
- EM Normandie
- Friedrich-Alexander-Universität Erlangen-Nürnberg etc.
Apart from STEP, IIM Udaipur offers an elective called IBP (International Business in Practice), wherein teams of 5-6 students undertake a two-week live project in the offices of an MNC in locations like Bangkok and Dubai.
Take a look at IIM Udaipur's entire Curriculum
here.
IIM Kashipur -
IIM Kashipur has international linkage with -
- ALBA, Greece
- ESDES Lyon Business School, France
- FPT School of Business, Vietnam etc.
It has recently inked MOUs with Coller School of Management, Tel Aviv and ICPE, Slovenia.
A select few students can visit any of the partner institutes for a complete term, while also inviting students from partner institutes to spend a term at IIM Kashipur.
Read all about the IIM Kashipur student exchange experience
here.
Location
Udaipur - Udaipur, known as the 'City of Lakes', is one of the most picturesque cities of India. Surrounded by the Aravalli hills, the city is famous for its great architecture and a royal vibe. It is a very cheap city, with rents only a fraction of what you would pay in a Metro. There are a lot of places to hang out, such as Lake Pichola, which consists of numerous stalls for street food.
The transportation at Udaipur can be problematic, especially in Old Udaipur. Uber and Ola services are available (the latter being more preferable), and the main mode of transportation is meter-less autos (haggling required) and sharing tempos. Udaipur is a slow city in general, and city-dwellers will take some getting used to the lifestyle there.
The Maharana Pratap Airport is 50 minutes away from IIM Udaipur, and low-cost carriers like IndiGo and Air India operate there. The Udaipur railway station is 10 minutes away from the institute in Balicha.
Below are the figures for the climate at Udaipur -
Source
While Rajasthan is notorious for crimes against women, Udaipur as a city is relatively safer for women.
Kashipur -
Kashipur is a city which encompasses the Hindu culture within it and is a city of archaeological significance. It is also a business hub and houses major industrial units, including Videocon, HCL Technologies etc, and has operational plants of companies Parle, Titan, Mahindra, Dabur etc.
Much like Udaipur, this city in Uttarakhand is very picturesque, and while it may not be the city of 7lakes, it does have 2 lakes - Drona Sagar Lake and the Giri Sarovar Lake, adding to the beauty of this city.
The nearest airport, Pantnagar Airport, is over 1.5 hours away from IIM-U, while the Kashipur Railway station is 20 minutes away from the institute.
Below are the figures for the climate at Kashipur -
Source
Summary -
Both these management institutes are unique in their own ways, but a common factor they share is the high-paced growth of the institutes. Having shifted to permanent campuses, they are now in a position to provide all facilities of a premier b-school, attracting
big recruiter names to their campuses.
With a healthy foreign exchange in place, as well as a strong alumni network, these management institutes can be your preferred choice when it comes to selecting a new generation IIM.
Here is a comparative guide for other new IIMs -
Stay tuned for IIM Trichy vs IIM Udaipur comparison.
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