IIM Lucknow vs IIM Indore: Which is Better?
The most important step in a management career is choosing the right b-school. Go through the comparison of IIM Lucknow vs IIM Indore for MBA/PGDM course, fees, placements, faculty, infrastructure, facilities, alumni, and other details.
IIM Lucknow Vs IIM Indore, which is better? Amidst this array of choices for management studies, the Indian Institutes of Management (IIMs) stands out as the country's foremost institutions for top-tier management education. In many instances, the decision-making process becomes challenging for aspiring candidates especially when confronted with admission offers from two of the most distinguished IIMs: IIM Lucknow Vs IIM Indore. Both institutions have rich histories and enjoy reputations for producing some of the finest management professionals in the field.
While India boasts several esteemed B-schools, a significant number of aspirants set their sights on the Common Admission Test (CAT) each year, aiming for admission to an IIM. The allure lies in the prestige and renowned brand associated with these institutions. However, the sheer number of IIMs scattered across the nation makes the task of identifying the most suitable one for a PGP course a daunting challenge. Critical considerations that weigh on the minds of prospective IIM students include the respective IIM's ranking, tuition fees, return on investment, and placement success rates.
In this comprehensive article, we embark on a comparative analysis of two esteemed institutions, namely, IIM Lucknow and IIM Indore. In our exploration, we will be navigating several crucial aspects, encompassing the spectrum of management courses available, the faculty's expertise, the intricacies of the admission process, and the discerning details of the placement records.
Also Read: Compare IMI Delhi vs SPJIMR Mumbai
CollegeDekho has brought to you a detailed comparison of IIM Lucknow and IIM Indore to help you choose the right B-School.
College Comparison – IIM Lucknow vs IIM Indore
While management remains among the most sought-after courses today, setting out on the path to a career in management calls for meticulous planning and choosing the right business school for pursuing a PGP/MBA program. Aspiring students face a plethora of critical factors to consider when sifting through their options among MBA colleges in India.
To provide some context, IIM Indore holds the eighth position in the NIRF 2023 rankings under the Management category, while IIM Lucknow follows closely at number six. Both colleges boast excellent infrastructure and a formidable faculty lineup. Moreover, the placement opportunities afforded by both institutions are highly commendable.
The table given below provides a detailed overview of IIM Lucknow vs IIM Indore:
Name of the Institute | Indian Institute of Management (IIM) Lucknow | Indian Institute of Management (IIM) Indore |
Year of Establishment | 1984 | 1996 |
Approved by | AMBA | Ministry of Human Resource Development (HRD), Govt. of India |
Affiliation | Indian Institutes of Management | Indian Institutes of Management |
NIRF Ranking 2021 | 7 | 6 |
Entrance Exam | CAT | |
Courses Offered |
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Total Number of Seats | 435 | 450 |
Fees Range | Rs. 14 lakh per annum | Rs. 26 Lakh (approximately) |
Average Package | Not Available | Rs. 18.17 lakh per annum |
Highest Package | Not Available | Rs. 33.04 lakh per annum |
Number of Companies Visiting Campus | 114 | 200 |
Popular Companies Visiting Campus |
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Also Read:Top 10 Highest Paying Jobs in the Field of Management in India
Admission and Selection Process: IIM Lucknow vs IIM Indore
The selection of both these colleges is almost similar. IIM Lucknow section process and IIM Indore selection criteria are based on the CAT score. You can click on the links above for a detailed selection process of IIM Lucknow and IIM Indore.
Other Popular MBA Colleges
Given below are some of the other MBA schools in India that are equally popular.
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Ultimately, the decision rests in the hands of the student, aligning with their unique preferences and aspirations. Both IIM Lucknow and IIM Indore stand as pillars of excellence in the realm of management studies in India. However, a closer examination of factors such as fees, highest package, and historical performance in placements may sway the scales in favor of one over the other. Notably, IIM Indore offers a two-year MBA program with a more affordable fee structure compared to its Lucknow counterpart. Furthermore, IIM Indore has consistently achieved a superior placement record, with some of the industry's top recruiters extending lucrative offers to its graduates. In essence, while both institutions offer a commendable education, IIM Indore may emerge as the preferred choice for those seeking an affordable program with a promising return on investment.
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