Between IIM Indore and IIM Lucknow, which is best? Which one should I choose for finance?

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Palki Bose Posted On - Aug 16, 2022
M.B.A from Indian Institute of Management Lucknow (2019)

For Finance, IIM Lucknow will be better. It is older than IIM Indore and offers better career outcomes in the Finance domain. 

Reputed consulting companies, Investment banks, and big banks visit IIM Lucknow placements frequently. The job roles offered are similar to that of IIM ABC. During the 2022 placement drive, the average CTC offered in the finance domain was INR 53.34 LPA and the mean salary was INR 32.21 LPA. 

IIM Lucknow has more diversified class profile. There’s a good number of Economics majors and CAs in each batch. 

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Amita Mittal Posted On - Aug 28, 2021
Former PhD Candidate at Indian Institute of Management Lucknow (2017-2020)

IIM Indore is hardly 20 years old and has younger faculty members than IIM Lucknow. This can be considered an advantage but in reality, Lucknow has much better faculty in comparison.

  • IIM Lucknow was built in 1986 but the campus was not appreciated much by the enrolled students. 
  • Reconstructions are taking place on the campus and the students are satisfied with the current infrastructure of the institution. 
  • The student crowd and the placement opportunities at IIM Lucknow are way better than that of IIM Indore. 
  • Many reputable consultancies and banks visit the campus of the institution for recruitment. 
  • IIM Lucknow also has a well-organized campus with all the necessary facilities. It also has extremely good industrial connections. 
Categories IIM Lucknow IIM Indore
Course Fee 19.25 lakh 15.01 lakh
Highest CTC 35 LPA 30 LPA
Average CTC 23 LPA 19-22 LPA
Recruiting Companies Amazon, Accenture, Landmark Group, African Industries Group, etc. Amazon, HP, Cipla, HCL, etc.

The only shortcoming of IIM Lucknow is the weather conditions of Lucknow which can be intolerable several times a year. Other than that, it is suggested that you go for IIM Lucknow.

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