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IIM Lucknow vs IIM Indore: Which is Better?

Sakunth Kumar
Sakunth KumarUpdated On: September 08, 2023 09:20 pm IST | 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



Approved by


Ministry of Human Resource Development (HRD), Govt. of India


Indian Institutes of Management

Indian Institutes of Management

NIRF Ranking 2021



Entrance Exam



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



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



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!

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Related Questions

College reopening date for mba students 2023-2024 at Dr. M.G.R. Educational And Research Institute

-SandhiyaUpdated on September 19, 2023 01:05 AM
  • 1 Answer
Triparna Choudhury, Student / Alumni

Dear candidate, for information related to the reopening date for MBA students for the academic year 2023-24 at Dr. MGR Educational And Research Institute, it is advised to contact the institute directly. You can contact the college at 44 2378 2176/2186/2085. You can also visit the college directly. The address is Periyar E.V.R. High Road, (NH 4 Highway), Maduravoyal, Chennai - 600 095. To mail them, write your query and send it to


1)I got seat Allotment in musarambagh branch but I want to get admission in Barkathpura Branch Please share the details on how to change it2)I am Job holder so I want to do MBA irregular Please share details for that also

-BhavanaUpdated on September 18, 2023 11:50 AM
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Nidhi Priya, Student / Alumni

Dear Student,

Avanthi Degree & PG College, Barkatpura does not offer MBA programme. It offers only two PG courses which are M.Sc in Microbiology and M.Sc in Organic Chemistry. Since it is not offering any MBA course you cannot change the campus. 

Coming to the second part of your question, Avanthi Degree & PG College Moosarambagh offers only a regular MBA programme in the following specialisation - Marketing, Finance, Human Resource Management, Systems. So you cannot pursue the course from Avanthi Degree & PG College Barkatpura along with your job as you need to be present at the campus during …


Can I use mobile and any compulsory like wearing uniforms

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Triparna Choudhury, Student / Alumni

Dear student, for this type of information, please contact or visit Shreenivasa Engineering College directly.  You can contact them at 9442568159, 9442586159 or 9442554159. The college address is Pallipatti, Bommidi, Pappireddipatti(TK), Dharmapuri (DT) – 635301.


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