IIM Vs IIT: Which one is Better

IIM stands for Indian Institute of Management while IIT stands for Indian Institute of Technology. The major difference between the institutions is the fact that IIM teaches management skills from various angles such as finance, marketing, operations, human resources and information technology whereas IIT covers the technical engineering aspects and research on engineering and science.

The article furnishes the details such as what is the key difference between the institutions, the courses offered, the admission procedure, the eligibility criteria to get admission and finally the fee structure.   

Table of Contents

• Key Difference
• Fee Structure
• Courses Offered
• Cutoff
• Admission Procedure
• Eligibility Criteria
• Placement

IIM vs IIT: Key Difference

The students have to know the key differences between IIM vs. IIT to understand what is the major hype about these two top institutions in the country. 

Particulars	IIM	IIT
Full Form	Indian Institute of Management	Indian Institute of Technology
Established Year	1961	1950
Number of Colleges	20	23
Major Courses	MBA, PhD	B.Tech, M.Tech
Entrance Exams Accepted	CAT, GMAT	JEE Main, JEE Advanced

Indian Institute Managament

The Indian Institutes of Management are central government-owned-public business schools for management offering undergraduate, postgraduate, doctoral and executive programmes along with some additional courses in the field of business administration.  

The management course involves the coordination of various departments in an organization (such as Human resources, Finance Department, Marketing, and Information Resources) to fulfil an organization's goals and operate the business efficiently. The institution has even started offering courses like Business Analytics, Executive Management, Leadership Programs, PGP, etc.

Indian Institute of Technology

The Indian Institutes of Technology are central government-owned public technical institutes located across India. They are under the ownership of the Ministry of Education, Government of India. It offers its flagship program B.Tech and M.Tech programs, in the field of technology.

An IT engineer obtains the most attractive compensation compared to other technical specialities. For those who are interested, IITs also offer Postgraduate and PhD programs.

IIM vs IIT: Fee Structure

The fee structure for IIM and IIT is mentioned for each location. The students can make a note of it to know whether they can afford to get an education in any one of these top institutions. 

List of IIM Colleges and Fees

Below is the list of IIT colleges in India along with their fee structure is mentioned below in the table.

S.No.	Colleges	Fees
1.	IIM Ahmedabad	INR 28,00,000
2.	IIM Bangalore	INR 23,50,000
3.	IIM Calcutta	INR 27,00,000
4.	IIM Lucknow	INR 19,50,000
5.	IIM Kozhikode	INR 17,50,000
6.	IIM Indore	INR 16,00,000
7.	IIM Tiruchirappalli	INR 14,50,000
8.	IIM Udaipur	INR 13,00,000
9.	IIM Raipur	INR 14,20,000
10.	IIM Ranchi	INR 15,50,000
11.	IIM Rohtak	INR 15,00,000
12.	IIM Shillong	INR 14,00,000
13.	IIM Kashipur	INR 7,00,000
14.	IIM Nagpur	INR 13,75,000
15.	IIM Amritsar	INR 10,50,000
16.	IIM Bodhgaya	INR 10,50,000
17.	IIM Sambalpur	INR 13,00,000
18.	IIM Sirmaur	INR 12,50,000
19.	IIM Jammu	INR 13,80,000
20.	IIM Vizag	INR 11,00,000

List of IIT Colleges and Fees

Below is the list of IIT colleges in India along with their fee structure is mentioned below in the table.

S.No.	Colleges	Fees
1.	IIT Madras	INR 8,00,000
2.	IIT Delhi	INR 8,50,000
3.	IIT Bombay	INR 9,50,000
4.	IIT Kanpur	INR 8,50,000
5.	IIT Kharagpur	INR 10,00,000
6.	IIT Roorkee	INR 7,00,000
7.	IIT Guwahati	INR 8,50,000
8.	IIT Hyderabad	INR 9,00,000
9.	IIT Indore	INR 10,00,000
10.	IIT (BHU)	INR 9,50,000
11.	IIT Dhanbad	INR 8,00,000
12.	IIT Bhuvneshwar	INR 10,00,000
13.	IIT Gandhinagar	INR 10,00,000
14.	IIT Ropar	INR 4,50,000
15.	IIT Patna	INR 8,20,000
16.	IIT Mandi	INR 8,50,000
17.	IIT Jodhpur	INR 9,50,000
18.	IIT Jammu	INR 9,50,000
19.	IIT Bhilai	INR 8,00,000
20.	IIT Goa	INR 9,00,000
21.	IIT Palakkad	INR 9,10,000
22.	IIT Tirupati	INR 9,50,000
23.	IIT Dharwad	INR 9,70,000

IIM vs IIT: Courses Offered

The students have to know what courses are offered by each institution to get a world-class education in management studies and engineering. 

IIM

The Master of Business Administration (MBA) program is offered at all 20 Indian Institute of Management (IIM) institutes. Following the passage of the IIM Bill in Parliament in 2018, the PGP offered by the IIMs was rebranded as an MBA degree program. 

Over 2 lakh applicants apply yearly for full-time MBA programs, making them the IIMs' most sought-after programs. A variety of Executive MBA, One-Year Diploma, PhD, and Certificate programs are available at the IIMs in addition to PGP/MBA courses.

 The IIMs provide more than 72 management courses at the Post Graduate, Executive, and Doctoral levels and numerous more certificate and part-time programs.

IIT 

The Indian Institutes of Technology (IITs) across India offer various undergraduate (UG), postgraduate (PG), and doctoral (Ph.D.) programs, mostly in the fields of science, engineering, and technology. 

Over 250 Bachelor of Technology (B.Tech) programs in various specializations are offered by 23 IITs in India. 9,611 and 2,534 seats are available for BTech and MTech programs at these IITs, respectively.

B.Tech, M.Tech, and Dual Degrees are the three degrees that IITs in India are most famous for offering (B.Tech-M.Tech). However, these prestigious institutions also provide various degree programs, including BSc, M.Arch, and B.Arch.

IIM vs IIT: Cutoff

The students can check out the cutoff given to IIM and IIT in this data given below and use it to prepare and crack the CAT exam accordingly. 

IIM

Below is the CAT minimum cutoff list for students to compare and prepare. 

IIMs	CAT Minimum Cutoff
	2022	2021	2020 (Max)
IIM Ahmedabad	80	80	99
IIM Bangalore	85	85	99
IIM Calcutta	85	90	99
IIM Lucknow	90	90	97+
IIM Indore	90	90	97+
IIM Kozhikode	85	85	97 to 98
IIM Amritsar	90	85	95+
IIM Nagpur	85	85	95+
IIM Sambalpur	93	85	95+
IIM Trichy	92	93	94
IIM Raipur	93	93	94
IIM Ranchi	90	94	94
IIM Kashipur	94	93	94
IIM Vizag	80	85	92
IIM Udaipur	92	90	92
IIM Bodhgaya	93	90	92
IIM Shillong	75	85	90
IIM Sirmaur	92	95	95
IIM Rohtak	95	95	95

IIT

Below is the JEE Advanced minimum cutoff list for students to compare and prepare. 

IIT Names	Cutoff Links
IIT Kharagpur	IIT Kharagpur Cutoff
IIT Bombay	IIT Bombay Cutoff
IIT Madras	IIT Madras Cutoff
IIT Kanpur	IIT Kanpur Cutoff
IIT Delhi	IIT Delhi Cutoff
IIT Guwahati	IIT Guwahati Cutoff
IIT Roorkee	IIT Roorkee Cutoff
IIT Ropar	IIT Ropar Cutoff
IIT Bhubaneswar	IIT Bhubaneswar Cutoff
IIT Gandhinagar	IIT Gandhinagar Cutoff
IIT Hyderabad	IIT Hyderabad Cutoff
IIT Jodhpur	IIT Jodhpur Cutoff
IIT Patna	IIT Patna Cutoff
IIT Indore	IIT Indore Cutoff
IIT Mandi	IIT Mandi Cutoff
IIT (BHU) Varanasi	IIT (BHU) Varanasi Cutoff
IIT Palakkad	IIT Palakkad Cutoff
IIT Tirupati	IIT Tirupati Cutoff
IIT (ISM) Dhanbad	IIT (ISM) Dhanbad Cutoff
IIT Bhilai	IIT Bhilai Cutoff
IIT Dharwad	IIT Dharwad Cutoff
IIT Jammu	IIT Jammu Cutoff
IIT Goa	IIT Goa Cutoff

IIM vs IIT: Admission Procedure

The aspiring IIMians and IITians can check for the admission procedure on both the top institutions in the country to get into them after meticulous preparations.

IIM

An established protocol governs the admission process to an IIM. For admission to IIMs, aspirant applicants must first register for the CAT exam. However, the steps are listed below:

• Shortlisting Candidates determined by CAT results: Candidates are contacted by the IIMs for admission once they have passed the CAT exam and have a valid CAT score. Each IIM will announce its admission requirements and cutoff via an official announcement posted on its website.
• Eligible candidates may move on to the admissions rounds after that.
• The GD-PI is called for candidates. Based on WAT: The candidate's CAT scores are thoroughly assessed at this level. Only those applicants who met the applied IIM's cutoff are summoned for group discussion and personal interviews.
• Final decision-making and calculation of composite score: In this final step, the composite scores are computed based on particular criteria, such as marks obtained in classes 10 and 12, graduation rates, performance in personal interviews, academic and gender diversity, and job experience.

Read More: IIM Admission

IIT

Aspiring IITians will have to know the admission process to get into their dream IIT to enhance their academic journey.

• A passing grade in the 10+2 system's final exam or its equivalent is the prerequisite for taking the JEE. 
• The students will have to crack the Joint Entrance Examination-Main (JEE-Main) and Joint Entrance Examination-Advanced (JEE-Advanced), both administered on an All India basis in April and May by the CBSE to get into any IITs.
• The IITs admission team determine the admission to B.E, B.Tech, M.E or M.Tech programmes once a year in July.

IIM vs IIT: Eligibility Criteria

The eligibility criteria for IIMs and IITs are mentioned in the content below for the students to know where they stand and how far they'll have to prepare to get into the institutions. 

IIM

Below are the eligibility criteria mentioned for the candidates planning to appear for the courses offered in IIMs.

• The candidate's basic IIM eligibility criteria are graduation with a minimum of 50 per cent aggregate marks or equivalent CGPA (45 per cent for SC, ST, and PWD/DA categories).
• To be eligible for an IIM interview call, the candidates must meet the IIM shortlist/qualifying cut-off.
• To expect an interview call and participate in WAT/GD-PI, the candidates must meet the minimum IIM call cut-off.
• Candidates should have obtained the minimum cut-off set by each IIM in CAT.

IIT

Below are the eligibility criteria mentioned for the candidates planning to appear for the courses offered in IITs.

• Candidates should have completed Class 12th from a recognized board.
• Candidates must obtain at least 55% in Class 12th standard.
• Candidates should have studied Physics, Mathematics, and Chemistry in Class 12th.
• Candidates should have scored well and met the minimum cut-off set by each IIT in JEE Advanced.

IIM vs IIT: Placements

Career possibilities and progression at IIM and IIT are not comparable as the institutions focus on different degrees. 

Placements in IIMs

• 2022 IIMA PGPX placements will see a 20% increase in the median salary.
• At IIMA PGPX, the average domestic salary will increase by 6% in 2022.
• 35% of IIMA PGPX 2022 students were engaged by consulting companies.
• In 2022, IIM Ahmedabad's Executive MBA students earned five international offers.
• In the IIMA PGPX placements 2022, the online services sector hired 20% of IIM Ahmedabad's Executive MBA graduates.

Read More: IIM Placements

Placements in IITs 

• There is a total of 1723 offers made by the companies including PPOs. 
• The highest CTC offered is 2.4 Cr, this is the highest CTC ever offered in any IITs.
• The top recruiter for 2022 are EXL, OLA and Tiger Analytics. And following them, there were 42 offers from foreign companies.
• The packages for Computer Science(CS), Electronics and Electrical Communication (ECE) and Electrical (EE) was quite high compared to other specializations.