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IIM Lucknow vs IIM Indore – Complete MBA Comparison, Fees, Placements & Ranking

VK
Vishakha Kachi • 6 Mins read • 27 Jan 26
IIM Lucknow vs IIM IndoreIIM Lucknow vs IIM Indore

IIM Indore and IIM Lucknow are among India's top business schools to deliver world-class management education, established by the Government of India. IIM Indore is known for its modern infrastructure, analytical learning, and IIM Lucknow is known for its academic excellence, strong industry connections, and outstanding placement records. 

  • Placements & Salary: IIM Indore offers the highest package of around ₹70LPA, while IIM Lucknow offers the highest package of around ₹75 LPA+ salary.
  • Course Fees: IIM Indore fees are slightly higher, around ₹21-22 lakh approx. IIM Lucknow fees for PGP are around ₹20-21 lakh approx. 
  • Course & Seat Availability: IIM Indore offers 450-480 seats for its main MBA (PGP) Program, while IIM Lucknow seats range from 436 to over 500, depending on PGP- Agri-Business Management and PGP-Sustainable Management.  


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IIM Indore vs IIM Lucknow: Highlights

IIM Indore and IIM Lucknow have both been established under the Indian Institutes of Management Act, 2017, facilitating high-quality education in management courses. The table provides a highlight of IIM Indore and IIM Lucknow.

Particulars

IIM Indore 

IIM Lucknow

Established 

1996

1984

Ranking 

5 (NIRF)

8 (NIRF)

Flagship course

MBA (PGP)

MBA (PGP)

Placement Details

Average Package: ₹32 LPA

Average Package: ₹29-₹30 LPA


IIM Indore vs IIM Lucknow: Course Details

MBA (PGP) is the flagship course of both the institutes. The table provides a comparison of IIM Indore courses vs IIM Lucknow courses.

Particulars

IIIM Indore

IIM Lucknow

Course Type

Full-time

Full-time

Duration

2 years

2 years

Mode

Offline

Offline

Specializations

PGP- HRM

PGP- Agribusiness and Sustainable Management 


IIM Indore vs IIM Lucknow: Course Fees

Affordability makes it one of the prominent choices for pursuing management courses at IIM. The table provides a comparison of the IIM Indore course fees vs the IIM Lucknow course fees.

Course

IIM Indore 

IIM Lucknow 

MBA/PGDM

₹17,30,000-₹20,00,000

₹12,60,000

Executive MBA/PGDM 

₹22,10,000

₹11,00,000-₹26,00,000

Certificate 

₹90,000-₹2,50,000

₹1,70,000-₹26,00,000


IIM Indore Vs IIM Lucknow: Scholarships

The table provides a comparison of the scholarships offered at IIM Indore and IIM Lucknow.

Institute

Scholarship Options

IIM Indore 

  • Need-based scholarships are offered to students based on their family income.
  • Industry-sponsored scholarship awards are funded by corporations such as the Central Bank of India, Bharti Foundation, and Ratan Tata, among others.
  • SC/ST scholarships are available for SC/ST students supported by the government.
  • Merit-Cum-Means and other awards.

IIM Lucknow 

  • Need-based financial assistance is provided to students from economically weaker backgrounds.
  • Merit awards and corporate scholarships offer merit-based medals and awards.
  • Government Scholarships are also available for students, as per the central/state rules.


IIM Indore vs IIM Lucknow: Admission Process

Students willing to pursue Management courses must have a 10 + 2 qualification along with the CAT exam. The table provides details of the IIM Indore Admission vs the IIM Lucknow Admission.

Particulars

IIM Indore Admissions

IIM Lucknow Admissions

Accepted Exams

CAT 

CAT

Eligibility

  • Class 12 
  • Bachelor's degree with a minimum of 50% marks
  • Clear Personal Interview
  • CAT 
  • Class 12
  • A graduation in relevant subjects 
  • CAT score- 30%
  • WAT- 10%
  • PI: 40%
  • Work experience 

Selection Process

  • CAT cutoff
  • CAT cutoff


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IIM Indore vs IIM Lucknow: Cutoff

The table provides details of the IIM Indore Cutoff vs the IIM Lucknow Cutoff.

Category

IIM Indore 

IIM Lucknow

Overall 

97 

97 

Quants 

97

97

VA-RC

97

97

DI-LR

97

97


IIM Indore vs IIM Lucknow: Total Seats

The table provides details of the total seats offered by the IIM Indore and IIM Lucknow.

Courses

IIM Indore 

IIM Lucknow

MBA 

212

N/A

MBA/PGDM 

N/A

165

Certificate 

N/A

N/A


IIM Indore vs IIM Lucknow: Placements

IIM Indore, as well as IIM Lucknow, are well known for their placement support. Being among the top business colleges in India, both colleges offer decent placement opportunities. The table below shows the comparison between IIM Indore placements and IIM Lucknow placements. 

Particulars

IIM Indore 

IIM Lucknow

Placement Rate 

90%

100%

Companies visited 

225+

180-250+ 

Highest Salary 

₹70 LPA

₹75 LPA+ 

Average Salary 

₹29-₹30 LPA 

₹32 LPA


IIM Indore vs IIM Lucknow: Accreditations 

The table provides details of the accreditations for the IIM Indore and IIM Lucknow

Particulars

IIM Indore 

IIM Lucknow

Accreditations

Association to Advance Collegiate Schools of Business 

Association to Advance Collegiate Schools of Business 


IIM Indore vs IIM Lucknow: Infrastructure

The table provides details of the infrastructure for the IIM Indore and the IIM Lucknow.

Particulars

IIM Indore

IIM Lucknow

Academic Facilities

  • Smart classrooms with modern audio-visual systems, two auditoriums, including 800 and 300 seats, a library with an extensive book collection, including e-journals databases
  • A campus with high-speed wi-Fi and fiber networking connecting classrooms, hostels, labs, and the library. 
  • Academic buildings like Bodhgriha for PGP classrooms, Chitan, a faculty block, Manthan MDO block, and a Gyanodaya Library with large, resource-rich books, journals, and digital resources. 
  • Modern computer center and Wi-Fi services for students and faculty.

Sports facilities

  • Sports complex with gym, outdoor fields, courts, and a swimming pool.
  • Fitness centers.
  • Sports ground for Badminton, table tennis, and lawn tennis courts.
  • Yoga and other wellness sports

Hostel facilities 

  • Comfortable stay with various room sharing options, single/twin-sharing with Wi-Fi. 
  • Multiple mess blocks, canteens, Wi-Fi services.
  • Accommodation services with over 1000 students.
  • Air-conditioned hostels with modern amenities including TV, bed, Wi-Fi services, etc.

Hostel Fees

₹3,50,000-₹4,00,000

₹1,50,000


Conclusion

In conclusion, both IIM Indore and IIM Lucknow are premier government institutions offering high-quality management education. The choice between IIM Indore and IIM Lucknow depends on the student's career goals, campus expectations, and learning preferences. Students can differentiate them based on several factors:

  • IIM Lucknow placement packages are slightly higher compared to IIM Indore packages.
  • IIM Lucknow has a higher NIRF rank, 5th, compared to IIM Indore's NIRF rank, which is 8th


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FAQs


Ques: Which IIM has better placements – IIM Indore or IIM Lucknow?

Ans: Both IIM Indore and IIM Lucknow have excellent placements. The average CTC ranges from ₹29-₹32 LPA, with top companies including McKinsey & Company, Accenture, Deloitte, Barclays, Microsoft, Amazon, etc.


Ques: What are the total MBA seats in both IIMs?

Ans: The total number of seats is:

  • IIM Indore: 450-490 
  • IIM Lucknow: 436 


Ques: What are the popular MBA specializations in both IIMs?

Ans: The popular courses are:

  • IIM Indore: HRM, Finance & Accounting, Marketing, Operations & Supply Chain, Human Resource Management, IT, and Economics. 
  • IIM Lucknow: Finance, Marketing, Operations Management, Human Resources Management, Strategy, Information & Systems, Business Analytics. 
  • PGP Agribusiness management: Food supply chain, Rural markets, farm to consumer systems, Agri-economics. 
  • PGP Sustainable Management: Environmental and social Business practices.


Ques: How is the campus infrastructure?

Ans: Campus infrastructure:

  • IIM Indore: 193 acres on a hilltop science and green campus, innovation hubs, sports & wellness facilities, and large hostels.
  • IIM Lucknow: 185-200 acres campus, modern hostels, central library, computer & research centers, ongoing infrastructure expansion, student activity center.


Ques: What is the admission process for MBA?

Ans: For both:

  • IIM Indore: eligibility and shortlisting based on CAT score
  • Personal interview 
  • Final selection based on score in CAT, PI performance, academics, Work experience, etc. 
  • IIM Lucknow: Shortlisting for WAT & PI 
  • Written test and personal interview
  • Final selection calculation based on CAT score, academic performance, WAT, and PI.