IIM Udaipur is outright incomparable to IIT Madras. This is because while IIT Madras is an excellent educational institution, it specializes in technological studies and not in Management. Meanwhile IIM Udaipur despite being a new IIM has set itself apart from its competitors owing to the following reasons

• Infrastructure: While most new IIMs even lack a permanent campus, IIM Udaipur has managed to have its own 300 acre campus surrounded by Aravali Hills. The campus is decked with world class facilities and offers a serene experience. Other campus highlights include the upcoming incubation center and Bloomerang Lab.
• Faculty: Among the new IIMs, IIM Udaipur has the maximum number of permanent faculty around 30. Other major electives are taught by guest faculty from top IIM like Ahmedabad and Bangalore.
• Placements: IIM Udaipur boasts of 100% placement percentage. The students received decent offers and were satisfied with their roles and packages. The highest CTC stood at INR 35.96 LPA while the average CTC stood at NR 19.5 LPA

Overall you will experience a very student driven culture and create many amazing memories.

At IIT Madras, you have the privilege of having taken a course in R&D Management at the Department of Management Studies (DOMS) at the institution. The course is renowned for its comprehensive curriculum that covers various aspects of R&D management, including product development, project management, and technology commercialization. The faculty is well-experienced and knowledgeable in their respective fields, and they are known to provide valuable insights and guidance to students. The DOMS at IIT Madras is well-equipped with state-of-the-art facilities and infrastructure, making it an ideal place to pursue management education.

IIM Visakhapatnam, on the other hand, is one of the new IIMs that was established in 2015. It offers the Post Graduate Program in Management (PGP), which is designed to provide students with a comprehensive understanding of the various functional areas of management, as well as the skills and knowledge required to become successful managers. IIMs have a well-established brand name in the field of management education and are known for their rigorous curriculum, highly-qualified faculty, and excellent placement record.

In conclusion, both IIT Madras and IIM Visakhapatnam are reputed institutions that offer quality management education. The choice between the two will ultimately depend on your personal and professional goals, as well as your preferences. You should consider factors such as curriculum, faculty, infrastructure, and location, among others, before making a decision. It is also recommended that you research both institutions in-depth and visit their campuses to get a better understanding of the learning environment and culture.

While many may discredit IIM Raipur because it is not an old IIM, I will still choose it over IIT Madras DoMS. My preference is based on the following reasons

• IIT is a technical institute and is yet to develop in the Business World. This restricts its bonding with leading B Schools, companies and other committees.
• The crowd is more inclined towards technical education and mostly engineers. Whereas IIM Raipur welcomes a diverse crowd from various professions.
• The overall environment of IIT is not suitable for a Management program. IIM Raipur has laid a perfect environment for the same.
• IIM Raipur renders a perfect ambiance for boosting your business and management skills. Such an opportunity is not there in IIT.

To get a deeper insight into the credibility of IIM Raipur try comparing the companies that visit the campus with that of IIT Madras.

It is recommended not to join any of the 2 mentioned colleges, neither DoMS, IIT Madras nor IIM Amritsar, as the placements at newer Indian Institutes of Management (IIMs) are not yet on par with top colleges. Placements at newer IIMs are still evolving and it may take at least a decade for them to stabilize and for the demand for MBA degrees to increase in the long run.

It is important to note that Indian Institutes of Technology (IITs) are not generally considered to be top colleges for MBA programs, although IIT KGP and IIT Bombay have made a name for themselves. These institutions are primarily known for their strong focus on technology. If you are considering top MBA programs, IIT Madras is a good option due to its brand recall.

The institution has the potential to attract top tech companies to offer MBA roles as well. Older IITs have a well-established reputation which newer institutes may not yet have. It took almost 3 decades for IIM Lucknow to reach its current level of prestige, and that was without the level of competition that newer IIMs face in attracting the best companies and roles on campus.