How would you compare the new IIMs with the already established ones?

Until a decade before, IIMs were the most desired B-schools. In 2009, things started to change with the opening of several new IIMs, starting with IIM-Rohtak, and followed by more, in Ranchi, Raipur, Trichy, Kashipur, Udaipur, Nagpur and six other cities. While this means that the aspirants have an elevated chance of getting admission, the value of brand IIM has been eroded in the method. The new IIMs have not been able to match the standards of the older ones on various parameters, including the quality of faculty/students, infrastructure, as well as ability to attract top recruiters. Apart from quality education and research work of students and faculty, the older IIMs had been valued chiefly for the high-paying jobs their students got. This led to high expectations from the newer IIMs too. The reality has turned out to be contrary. The newest IIM Jammu, IIM Bodh Gaya and a few others still have to get a campus. Though faculty shortage is affecting nearly every B-school, the situation is worse in the new IIMs, partly due to their geographical location. So I think the government should focus on developing the older ones instead of opening new IIMs.

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The new IIMs are born with a silver spoon, but attaining adulthood that matches the standards of their older cousins is likely to be painful. Apart from quality education and research work of students and faculty, the older IIMs had been valued mainly for the high-paying jobs their students got. This led to high expectations from the newer IIMs too. The reality has turned out to be different as the new IIMs are just the opposite of our expectations. The new IIMs are unable to compete with the old IIMs like IIM (A/B/C/I). To build resources /infrastructure new IIMs usually start out of existing infrastructure of other state universities and start expanding. The old IIMs have a strong alumni network and contact in companies for placement whereas the new ones do not have the same they are trying to build an alumni network as well as corporate contacts in so that they can come for the campus drive in there company.

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This is a pretty straightforward question. The comparison is same as old IITs and new IITs. The old IIMs are well established and have a great brand name (especially IIM A/B/C). Their brand name has a great value in Industry followed by IIM-Indore and Kozhikode. The new IIMs aren't that established yet but are surely progressing at a good pace. The new IIMs consist of IIM-Kashipur, IIM-Raipur, IIM-Ranchi, IIM-Rohtak, IIM-Udaipur and IIM-Tiruchirappalli. Most of them are decent. But many students prefer non-IIMs like SP Jain, MDI, XLRI and ISB over the new IIMs and it is perfectly justified. The new IIMs are in developing phase and don't have as good infrastructure and faculty as the old IIMs and reputed B-Schools. Even they aren't that attractive to companies and firms as the old IIMs. So, they aren't as good as old IIMs but are better than many government and private universities. Still, IIM brand has a weightage and in the upcoming future, these colleges will also gain good reputation.

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Till a decade ago, IIMs were the most sought-after B-schools. Things began to change with the opening of several new IIMs, starting with IIM-Rohtak, and followed by more, in Ranchi, Raipur, Trichy, Kashipur, Udaipur, Nagpur and six other cities. While this means that the aspirants have a greater chance of getting admission, the value of brand IIM has been eroded in the process. The new IIMs have not been able to match the standards of the older ones on several parameters, including the quality of faculty/students, infrastructure, as well as ability to attract top recruiters. It mainly affected placements. New IIMs are not able to attract recruiters. Generally, all the IIMs try for the same recruiter and things get messy. Top three IIMs - A, B & C - get strategic roles, which is a notch above functional roles such as sales, marketing, supply chain, operations and customer service. High-paying jobs in financial services, including investment banking, hedge funds, and private equity firms, too, are mostly bagged by students from these top three IIMs. People in strategic roles are typically paid more, and that's where the new IIMs have not been able to make a mark. Still, it's just the start for the new IIMs and it takes time to get the brand name and fame. 5-10 years down the lane we can see newer ones following the older ones.

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