IIT vs IIM MBA – Which One Offers a Better Career & Higher Salary?

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IIT vs IIM MBA - Which One Offers a Better Career & Higher Salary?
IIT vs IIM MBA - Which One Offers a Better Career & Higher Salary?

While IIMs have long been the top choice for management education in India, IITs are emerging as strong contenders, offering quality education and impressive placements. Today, IITs and IIMs are competing to provide the best MBA programs, aiming to build a prestigious brand that every aspirant dreams of—one that promises a strong career launch and lucrative job opportunities.

IITs excel in high-paying roles within IT and analytics, while IIMs continue to dominate finance, marketing, and other core management functions.

To help you decide which is better—an IIT MBA or an IIM MBA—this blog presents a fair comparison of career prospects and opportunities from both institutions.

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IIT vs. IIM MBA: Important Factors to Consider

To make a fair comparison between IIT and IIM MBAs, let’s examine key factors that influence this decision. These factors are crucial both from an aspirant’s perspective—who aims for admission into these top-tier institutes—and from a recruiter’s viewpoint, as top companies prefer hiring from select institutions.

  • College Placements
  • College Fees
  • College Ranking, Reputation, and Infrastructure
  • College Specialization
  • College Exposure
  • College Class Composition
  • College Alumni Network

IIT vs. IIM MBA: Placements

The most important factor that everyone checks out first is job Placement. While IIMs and IITs have their strong suit in the college placements. We present you a more detailed overview in a table when comparing the Top 5 IIMs and Top 5 IITs MBA Placement of 2024.

Top IITs MBA Placement Figure

IIT Colleges Year Average Salary(INR) (LPA) Median Salary(INR) (LPA)  Most Sector Hiring
IIT Delhi 2023 25.82 24.45 IT and Supply Chain & Operations
IIT Bombay 2024 28.01 26.73 IT and Analytics
IIT Madras 2024 16.93 16.39 IT. Analytics and Finance
IIT Roorkee 2024 18.30 18.50 IT, Analytics, and Marketing
IIT Kharagpur 2024 20.83 20.65 Strategy and Consulting
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Top IIMs MBA Placement Figure

IIM Colleges Year Average Salary(INR) (LPA) Median Salary(INR) (LPA)  Most Sector Hiring
IIM Ahmedabad 2023 32.02 25.76 Consulting and Finance
IIM Bangalore 2024 35.92 32.50 Consulting and BFSI
IIM Calcutta 2023 35.07 33.67 Consulting and Analytics
IIM Kozhikode 2024 28.05 27.00 Consulting and Finance
IIM Lucknow 2024 30 27 Consulting and Finance

IIT vs. IIM MBA: College Fees

This is where IITs have an edge over IIMs—while IIMs charge high tuition and overall fees, IITs offer MBA programs at a comparatively lower cost.

Top IITs MBA Fees Figure

IIT Colleges Year Total Fees in Lakhs (LPA)
IIT Delhi 2023 12
IIT Bombay 2024 15.8
IIT Madras 2016 12
IIT Roorkee 2024 10.73
IIT Kharagpur 2023 11.6

Top IITs MBA Fees Figure

IIM Colleges Year Total Fees in Lakhs (LPA)
IIM Ahmedabad 2024 34.15
IIM Bangalore 2024 26.20
IIM Calcutta 2025 33.5
IIM Kozhikode 2024 22.5
IIM Lucknow 2023 19.2

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IIT vs. IIM MBA: College Ranking & Reputation

When it comes to college rankings and reputation, IIMs have the upper hand over IITs. With most IIMs having a legacy of 10 to 20+ years, their reputation in management education is well established. On the other hand, while IITs have a strong global reputation, it primarily stems from their engineering excellence. However, their recent rise in management programs shows they are rapidly emerging as top-tier business schools, leveraging their long-standing contribution to India and the world.

IITs and IIMs NIRF Management Ranking 2024

IIM Colleges Ranking IIT Colleges Ranking
IIM Ahmedabad 1 IIT Delhi 4
IIM Bangalore 2 IIT Bombay 10
IIM Calcutta 5 IIT Madras 16
IIM Kozhikode 3 IIT Roorkee 18
IIM Lucknow 7 IIT Kharagpur 19

IIT vs. IIM MBA: College Specialization

While there isn’t a specific table for comparison in this category, analyzing hiring trends gives a clearer picture. IIT MBA graduates are primarily hired in IT, Analytics, Supply Chain, and Operations, as many come with relevant technical experience. On the other hand, IIM graduates dominate Consulting, Finance, and Marketing roles, which are more revenue-driven and require less technical expertise, making them a natural fit for managerial positions.

IIT vs. IIM MBA: College Exposure

The same applies to exposure—it’s not about which is better, but rather the different advantages each offers. At IITs, MBA students interact more with peers from technical backgrounds, fostering growth in tech-driven fields. Meanwhile, IIMs provide a diverse environment with students from various educational and professional backgrounds, offering broader industry exposure and networking opportunities.

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IIT vs. IIM MBA: College Class Composition

In this aspect, IIMs have the advantage. With more seats available, they offer a higher acceptance rate, increasing the chances of admission to a premier management program. In contrast, IITs have limited seats, primarily favoring engineers. Their management programs are still growing, requiring further expansion in both capacity and infrastructure.

Top IIMs and IITs Class Composition

IIM Colleges Seats IIT Colleges Seats
IIM Ahmedabad 385 IIT Delhi 115
IIM Bangalore 604 IIT Bombay 115
IIM Calcutta 465 IIT Madras 93
IIM Kozhikode 631 IIT Roorkee 82
IIM Lucknow 576 IIT Kharagpur 145

IIT vs. IIM MBA: College Alumni Network

Both IITs and IIMs excel in this category, with their alumni holding CXO positions in MNCs and startups worldwide. An MBA from IIT provides access to a strong global network in the tech industry, while an MBA from IIM connects graduates to top managerial professionals across various industries. Earning an MBA from either institution is undoubtedly a prestigious achievement.

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