The ICFAI University vs IIM Chattisgarh Raipur for MBA / PGDM: Which Fits You Better?
This course-wise guide compares recorded programme, fee, admission, placement and ranking evidence for The ICFAI University, Raipur and Indian Institute of Management (IIM), Raipur. Fees and outcomes can change; verify the latest official notification.
AT A GLANCE
Quick comparison
| Factor | The ICFAI University, Raipur | Indian Institute of Management (IIM), Raipur |
|---|---|---|
| College name | The ICFAI University, Raipur | Indian Institute of Management (IIM), Raipur |
| Location | Raipur, Chattisgarh | Raipur, Chattisgarh |
| Institute type | private | public |
| Programmes / branches | 8 listed | 5 listed |
| Recorded fees | ₹1,30,000 | ₹1,35,000 |
| Entrance exams | - | CAT |
| Average placement | ₹4 | ₹13 |
| Highest placement | ₹9 | ₹22 |
| Ranking | - | nirf: 14 |
Decision score
74
Higher recorded score: The ICFAI University, Raipur
There is no universal winner. The better fit depends on your preferred MBA / PGDM branch, budget, admission route, location and the quality and year of available evidence.
Which university has lower comparable fees?
Compare the recorded tuition cost, fee type and duration for the same or closely matching programme. Annual charges and total fees should not be treated as equivalent.
Which MBA / PGDM branches are available?
Review the programme names below to find the branch that matches your academic and career goals.
Detailed evidence
The ICFAI University, Raipur
private · Raipur, Chattisgarh
Branches and programmes
| Programme / branch | Duration | Eligibility |
|---|---|---|
| MBA Accounting | 2 | Candidate should have passed their graduation with minimum 45% marks from any recognized university. |
| MBA Banking | 2 | Candidate should have passed their graduation with minimum 45% marks from any recognized university. |
| MBA Finance | 2 | Candidate should have passed their graduation with minimum 45% marks from any recognized university. |
| MBA Human Resource Management | 2 | Candidate should have passed their graduation with minimum 45% marks from any recognized university. |
| MBA Information technology and systems | 2 | Candidate should have passed their graduation with minimum 45% marks from any recognized university. |
| MBA Insurance | 2 | Candidate should have passed their graduation with minimum 45% marks from any recognized university. |
| MBA Investment Management | 2 | Candidate should have passed their graduation with minimum 45% marks from any recognized university. |
| MBA Marketing | 2 | Candidate should have passed their graduation with minimum 45% marks from any recognized university. |
Fees
| Programme | Amount | Fee type | Duration |
|---|---|---|---|
| MBA Banking | ₹1,30,000 | Total Fees | year |
| MBA Information technology and systems | ₹1,30,000 | Total Fees | year |
| MBA Insurance | ₹1,30,000 | Total Fees | year |
| MBA Accounting | ₹1,30,000 | Total Fees | year |
| MBA Finance | ₹1,30,000 | Total Fees | year |
| MBA Marketing | ₹1,30,000 | Total Fees | year |
| MBA Human Resource Management | ₹1,30,000 | Total Fees | year |
| MBA Investment Management | ₹1,30,000 | Total Fees | year |
Entrance exams
-
Placements
| Year | Average package | Highest package |
|---|---|---|
| 2024 | ₹4 lakh | ₹9 lakh |
Rankings
-
Recruiters
Indian Institute of Management (IIM), Raipur
public · Raipur, Chattisgarh
Branches and programmes
| Programme / branch | Duration | Eligibility |
|---|---|---|
| Executive - Post Graduate Programme in Management (PGPM) | 2 | - |
| Executive Fellow Programme in Management (EFPM) | 4 | Candidate should have scored minimum 60% marks in Master's degree in any discipline. Or Candidate should have scored minimum 60% marks in professional qualification like CA, CS, or ICWA. Or Candidate should have scored minimum 60% marks in integrated five years/four years Master's degree in any discipline. Or Candidate should have scored minimum 60% marks in four year Bachelor's degree (B.Tech./B.E.) in any discipline. And Candidate should have a professional experience of seven years. |
| Fellow Programme in Management (FPM) | 4 | Candidate should have scored minimum 60% marks in Master's degree in any discipline. Or Candidate should have scored minimum 60% marks in professional qualification like CA, CS, or ICWA. Or Candidate should have scored minimum 60% marks in integrated five years/four years Master's degree in any discipline. Or Candidate should have scored minimum 60% marks in four year Bachelor's degree (B.Tech./B.E.) in any discipline. |
| Post Graduate Programme (PGP) | 2 | Candidate should have scored minimum 50% marks in Bachelor's degree (45% marks for SC/ST candidates). |
| Post Graduate Programme in Management for Working Executive (PGPWE) | 2 | Candidate should have scored minimum 50% marks in Bachelor's degree recognized by AIU/UGC (47% for OBC-NC, 45% for SC/ST). Candidate should have five years of managerial/ entrepreneurial/ professional experience after graduation. Age limit is 50 years. |
Fees
| Programme | Amount | Fee type | Duration |
|---|---|---|---|
| Executive Fellow Programme in Management (EFPM) | ₹1,35,000 | Tuition Fees | year |
| Executive Fellow Programme in Management (EFPM) | ₹1,48,000 | Tuition Fees | year |
| Post Graduate Programme (PGP) | ₹7,75,460 | Tuition Fees | year |
| Post Graduate Programme (PGP) | ₹7,87,500 | Tuition Fees | year |
Entrance exams
CAT
Placements
| Year | Average package | Highest package |
|---|---|---|
| 2016 | ₹13 lakh | ₹22 lakh |
Rankings
| Body / category | Rank | Year |
|---|---|---|
| nirf · MBA / PGDM | 14 / 100 | 2024 |
| times_b · MBA / PGDM | 9 / 100 | 2024 |
| cs · MBA / PGDM | 14 / 100 | 2024 |
| nirf · MBA / PGDM | 11 / 100 | 2023 |
| nirf · MBA / PGDM | 14 / 100 | 2022 |
| nirf · MBA / PGDM | 15 / 100 | 2021 |
| nirf · MBA / PGDM | 19 / 200 | 2020 |
Recruiters
What are the eligibility requirements?
Eligibility is shown for each recorded programme. Requirements can differ by branch, qualification and admission year.
Do both universities accept the same entrance exam?
Only active programme-to-exam mappings are shown. Confirm the current admission notification before applying.
Which university has better placement evidence?
Compare placement years, programme coverage and the available average or highest package records. Different years or coverage levels do not establish a definitive winner.
How do their rankings compare?
Compare ranking body, category and year. Rankings from different categories or years may not be directly comparable.
Which university is better for different students?
Lower comparable fee: Compare programme names, fee type, duration and year. Hostel and additional charges are excluded unless explicitly recorded.
Preferred branch: Choose the college listing the branch that matches your goals.
Placement priority: Prefer the college with stronger comparable placement records only when programme coverage and years are comparable.
Admission route: Use the active course-to-exam mappings shown above and confirm the current official notice.
What should you verify before admission?
- Current fee year, duration and included charges.
- Programme-specific eligibility and admission route.
- Placement year, programme coverage and recruiter context.
- Ranking body, category and year.
Conclusion
The ICFAI University, Raipur has the higher recorded evidence score, but this does not make it a universal winner. Choose The ICFAI University, Raipur if its available branches, recorded cost and admission route fit your priorities; choose Indian Institute of Management (IIM), Raipur if its programmes, location or placement evidence better match your goals.
Final takeaway: Compare the exact branch and programme cost first, then verify eligibility, active entrance-exam mappings and the latest official placement information before admission.
Data note: A dash means the information is not available in the current records. This page does not invent values or treat different years and fee types as directly comparable.