No It is not.

The reasons are as followed.

1) IiM Brand Value.

2) Placements

3) Faculty Profiles

4) Unlimited opportunities that you get while ur incubated in an IIM and once u walk out with an IIM degree.

5) All new IIMs are mentored by the old ones like IIM-A,B,K etc.

6) Faculties at new IIMs also include but are not limited from IIFT, Old IIMs, XLRI, CAs from RBI SiDBI etc.

You might end up in a transitional campus that is given for all new IIMs but with that resource constraint you have an opportunity to leave a legacy behind. Whatever you do new in a new IIM is named after you and is absorbed by the institute, it can be as small as designing a logo and as big as starting a New Committee or Interest group that will grow and last forever.

Moreover IIM Admission criteria is such that the diversity of people coming in is as maximum as possible, they generally try forming a Small nation in the college.

So when it comes to knowledge and peer learning IIMs are the best systems that you can get in.

Let's go to placements they are not just par but immensely satisfying. And even if after all this you're not satisfied see the past and next 5 years of stats of students who pass and will pass from New IIMs you will get an idea of what you will get in once you become a part of the IIM family.

I understand if you feel that the answer is biased but this is the ground reality.

I hope this answers your query.

All the best for your future choice.

SMIT-IIM-AMRITSAR-PGP-04