ISB vs IIM: Which is Better for MBA in 2024

ISB vs IIM: ISB or IIM is a dilemma that usually occurs in the minds of candidates who like to do MBA programmes. While thinking about ISB vs IIM, the students are worried about the placement opportunities and skills they can get from these institutes. In this competitive world, it’s not easy to get admission to ISB or IIM institutes. IIM vs ISB colleges have state-of-the-art infrastructure, quality education, excellent placement records, and a learning environment leading to the development of managerial skills. ISB or IIM is a choice for MBA applicants who focus on career goals, course preferences, location, and other factors.

This Story also Contains

1. Is ISB better than IIM?
2. ISB vs IIM: Ranking
3. ISB vs IIM: Highlights
4. ISB vs IIM : Courses and Fee Structure
5. ISB vs IIM: Eligibility Criteria
6. ISB vs IIM MBA or PGP Eligibility Criteria
7. ISB vs IIM Admission 2024
8. ISB vs IIM Selection Process
9. ISB vs IIM Placements 2023
10. ISB vs IIM: Top Recruiters
11. ISB or IIM: Which is better?

This article offers knowledge and insights for MBA aspirants to make a final decision on choosing ISB vs IIM management courses.

Is ISB better than IIM?

Indian School of Business offers full-time PGP and advanced management programmes to working professionals only based on the performance of candidates in the GMAT / GRE examinations. For the IIM admission, work experience is not an important factor for applying to various MBA courses. However, the CAT score is considered for the IIM MBA selection process, followed by a written test, GD and personal interview.

ISB vs IIM: Ranking

ISB and IIM are premium business schools in India. Many specialised programmes and electives are available through these respected organisations' management programmes. According to the FT Global MBA Ranking 2024, ISB is ranked 31st overall in the world and 1st in the research category in India. The IIMs also secured the first positions in the NIRF ranking in 2023.

ISB vs IIM: Highlights

The main difference between ISB vs IIM can be seen in the table mentioned below.

ISB vs IIM : Courses and Fee Structure

Candidates who wish to pursue ISB PGP courses are required to pay a fee of Rs. 40 lakh. Meanwhile, the IIM course fee ranges from Rs. 20 lakhs to Rs. 30 lakhs. The details regarding the various IIM vs ISB courses, along with the course duration and accepted entrance exams are mentioned in the table below.

ISB vs IIM Courses and Fee Structure 2024

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ISB vs IIM: Eligibility Criteria

Candidates must meet the ISB vs IIM eligibility criteria to apply for the MBA / PGDM / PGP courses. Candidates with a minimum of 2 to 3 years are only eligible to apply for the ISB management courses. On the other hand, candidates with a valid CAT score and no work experience can apply for IIM courses. Check out the below table to see who can apply for the IIM vs ISB management courses

ISB vs IIM MBA or PGP Eligibility Criteria

The IIMs also consider work experience as a selection criteria for some of the courses. The details regarding the eligibility criteria for ISB vs IIM admission are listed below.

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• MBA Entrance Exams
• Top Colleges in India Accepting GMAT
• How to crack GD PI WAT rounds of top B-school

ISB vs IIM Admission 2024

Candidates can apply for the PGP / AMP programmes offered by ISB Hyderabad and ISB Mohali. ISB admission is carried out through the scores obtained by the applicants in the GMAT or GRE entrance exam and work experience. IIM admission is done based on the CAT score, followed by an interview round. Candidates can go through the details of the ISB vs IIM admission process 2024 from the below table.

ISB vs IIM Selection Process

Candidates who meet the eligibility requirements and entrance exam cutoff can participate in the institute's selection process.

Know more about

• ISB Hyderabad Course Admission 2024 - Fees, Date, Cutoff & Eligibility

• IIM Admission: Eligibility Criteria, Cut off, Selection Process

ISB vs IIM Placements 2023

Indian School of Business Hyderabad placement cell offers all the facilities and support for the students to get placed in top companies. According to the recent placement reports, ISB placed around 1609 MBA graduates in various organisations with an average salary package of Rs. 34 lakhs.

While IIM also made 100% placement records in the previous year through lateral, final and summer placements. The IIMs showed an increase in the salary package and the number of students getting recruited by top companies. The IIM placement statistics, such as the highest and average package can vary from one to another.

ISB vs IIM Placement 2021-23

ISB vs IIM: Top Recruiters

ISB vs IIM placement and training cells ensure the final year graduates get hired in top MNCs with the highest salary packages. These institutions keep the best records in placement and offer a chance to work with the below companies to achieve their dreams. The following are the companies where the students get hired.

ISB Recruiters

IIM Recruiters

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• ISB Hyderabad Placements - Salary Trends, Highest, Average & Median Salary, Top Companies

• IIM Placements 2023 for MBA: Highest & Average Salary Packages

ISB or IIM: Which is better?

Candidates who wish to pursue world-class management programmes face this dilemma. It is difficult for those candidates to make a final decision on these institutes. Moreover, ISB vs IIM institutes have both advantages and disadvantages. Candidates can go through the below table to find out the ISB vs IIM pros and cons before choosing their B-school for MBA / PGP programmes.

ISB Pros vs Cons

IIM Pros vs Cons