Why is the placement gap between baby IIMs and new IIM so much?

The main reason for the difference in placements numbers of the New IIMs and the Baby IIMs is recognition in the industry. It's obvious that older and more established IIMs will have a better industry connection, better alumni strength and more experience in attracting quality roles. All these factors are important contributors in the placement of any college. If you look at the average salary stats for new IIMs, it was over 19 lacs for all 6 2nd generation IIMs and over 16 lacs for the baby IIMs for the batch of 2023. The difference is not that huge as such considering baby IIMs are just 5 years younger than 2nd generation IIMs. The gap is more evident in cases where one company is a loyal recruiter from new IIMs and has just started recruiting from baby IIMs. With time this difference will reduce as baby IIMs become more recognized in the industry.