IIM Lucknow vs IIM Indore: Which is Better?

Sakunth Kumar

Updated On: September 08, 2023 09:20 PM | CAT

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?

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

CAT

Courses Offered

  • PGPM
  • PGP in Sustainable Management
  • PGP in Management for Working Executives
  • PGP in Agri-Business Management
  • International Programme in Management for Executives (IPMX)
  • Integrated Programme in Management (BBA+MBA)
  • Post Graduate Programme (PGP) for Executives
  • Post Graduate Programme in Management
  • Post Graduate Diploma in Management
  • Management Development Programme
  • General Management Programme for Executives (GMPE)
  • Post Graduate Certificate Programme in Finance
  • Certificate Course in Business Management for Defence Officers
  • Faculty Development Programme

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

  • Yes Bank
  • Everest Group
  • Paytm
  • Citi Bank
  • Hinduja
  • KPMG
  • Deloitte
  • Accenture
  • Amazon
  • Kotak Mahindra Bank
  • Aditya Birla Group
  • Amazon
  • Royal Bank of Scotland
  • Yes Bank
  • Nomura
  • JP Morgan Chase
  • Infosys Management Consulting
  • Accenture Strategy
  • Boston Consulting Group
  • Accenture
  • Google
  • Paytm
  • Reliance Industries
  • Mahindra & Mahindra
  • Aditya Birla Group
  • IndiaMart

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.

Popular College Comparisons

Candidates who wish to go through the comparison of two MBA colleges can click on the links below.

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.

Stay tuned to CollegeDekho for more updates and information!

Are you feeling lost and unsure about what career path to take after completing 12th standard?

Say goodbye to confusion and hello to a bright future!

news_cta
/articles/compare-iim-lucknow-vs-iim-indore-which-is-better/
View All Questions

Related Questions

I need to apply for LPU certificate. Please help!

-NikitaUpdated on November 08, 2024 04:45 PM
  • 2 Answers
RAJNI, Student / Alumni

If you're looking to apply for a certificate program or a certificate course at Lovely Professional University(LPU),here are the general steps you would follow to apply. Additionally, if you need a certificate of completion for a course you've already undertaken. I'll guide you through the process as well. LPU offers a range of certificate courses across different fields. These may include short-term courses professional certifications, or online certifications in various subjects. Go to the LPU Official website. Many of LPU's certificate programs are available online (through LPU's online school),but some might require in person attendance ,especially professional certifications or workshops. …

READ MORE...

Which is best, MBA or LLB course?

-Monika yadavUpdated on November 06, 2024 10:23 AM
  • 2 Answers
RAJNI, Student / Alumni

Since these two courses are in completely different fields, no one can compare them. Each has its own significance and use. There are plenty of employment opportunities. Following graduation one can become an a advocate by joining the bar council of India accepting cases, and representing clients in court while collecting payment. Both are completely completely distinct fields of expertise. LLB is more technical, however it always beneficial if you understand the law. You gain confidence and better tools. An excellent way to combine business and law to pursue an a MBA after practising law in actually ,it will increase …

READ MORE...

What is the MBA 2024-25 fee structure for Siddaganga Institute of Technology, Tumkur?

-darshanUpdated on November 04, 2024 04:21 PM
  • 1 Answer
Intajur Rahaman, Content Team

Dear Student.

The MBA 2024-25 fee structure for Siddaganga Institute of Technology, Tumkur is not available with us right now. However, the total course fees for pursuing a Master of Business Administration course at the institute is INR 1.2 lakhs. Typically an MBA course has a duration of 2 years and the fee structure is divided into four payments for each semester. If you wish to pursue an MBA from Siddaganga Institute of Technology, Tumkur you may visit the official website of the institute or contact the admissions office for detailed information. Some of the common expenses that you may …

READ MORE...

Do you have a question? Ask us.

  • Typical response between 24-48 hours

  • Get personalized response

  • Free of Cost

  • Access to community

Recent Articles

Subscribe to CollegeDekho News

By proceeding ahead you expressly agree to the CollegeDekho terms of use and privacy policy

Top 10 Management Colleges in India

View All

Know best colleges you can get with your score

Top