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 CollegesYearAverage Salary(INR) (LPA)Median Salary(INR) (LPA) Most Sector Hiring
IIT Delhi202325.8224.45IT and Supply Chain & Operations
IIT Bombay202428.0126.73IT and Analytics
IIT Madras202416.9316.39IT. Analytics and Finance
IIT Roorkee202418.3018.50IT, Analytics, and Marketing
IIT Kharagpur202420.8320.65Strategy and Consulting
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Top IIMs MBA Placement Figure

IIM CollegesYearAverage Salary(INR) (LPA)Median Salary(INR) (LPA) Most Sector Hiring
IIM Ahmedabad202332.0225.76Consulting and Finance
IIM Bangalore202435.9232.50Consulting and BFSI
IIM Calcutta202335.0733.67Consulting and Analytics
IIM Kozhikode202428.0527.00Consulting and Finance
IIM Lucknow20243027Consulting 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 CollegesYearTotal Fees in Lakhs (LPA)
IIT Delhi202312
IIT Bombay202415.8
IIT Madras201612
IIT Roorkee202410.73
IIT Kharagpur202311.6

Top IITs MBA Fees Figure

IIM CollegesYearTotal Fees in Lakhs (LPA)
IIM Ahmedabad202434.15
IIM Bangalore202426.20
IIM Calcutta202533.5
IIM Kozhikode202422.5
IIM Lucknow202319.2

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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 CollegesRankingIIT CollegesRanking
IIM Ahmedabad1IIT Delhi4
IIM Bangalore2IIT Bombay10
IIM Calcutta5IIT Madras16
IIM Kozhikode3IIT Roorkee18
IIM Lucknow7IIT Kharagpur19

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 CollegesSeatsIIT CollegesSeats
IIM Ahmedabad385IIT Delhi115
IIM Bangalore604IIT Bombay115
IIM Calcutta465IIT Madras93
IIM Kozhikode631IIT Roorkee82
IIM Lucknow576IIT Kharagpur145

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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