The Indian Institute of Management Lucknow (IIM Lucknow) and the Indian Institute of Management Indore (IIM Indore) are among the most sought-after management institutes in India, consistently ranking among the top 10 in the NIRF Rankings. Both institutes have earned a reputation for their distinguished faculty, advanced courses, research facilities, and impressive campuses. But one key differentiator that stands out is their placement records.
Let’s dive into a comparison of their placement statistics for the two-year postgraduate program over the past three academic years:
Academic Year
|IIM Indore
|IIM Lucknow
—|—|—|
2020-21 | Number of graduates: 604 | Number of graduates: 507
| Number placed: 604 | Number placed: 507
| Median salary: Rs. 22.6 Lakh | Median Salary: Rs. 23.5 Lakh
2021-22 | Number of graduates: 565 | Number of graduates: 515
| Number placed: 565 | Number placed: 515
| Median salary: Rs. 24.09 Lakh | Median Salary: Rs. 29 Lakh
2022-23 | Number of graduates: 697 | Number of graduates: 591
| Number placed: 639 | Number placed: 591
| Median salary: Rs. 21.6 Lakh | Median salary: Rs. 30 Lakh
When comparing the placement records across the three years, a clear trend emerges: IIM Lucknow consistently outperforms IIM Indore in terms of median salary offered to its graduates.
In 2020-21, IIM Lucknow saw 507 students graduate with a median salary of Rs 23.5 lakh, while IIM Indore had 604 graduates with a slightly lower median salary of Rs 22.6 lakh. The gap widened in 2021-22, with IIM Lucknow’s 515 graduates receiving a median salary of Rs 29 lakh, significantly higher than IIM Indore’s 565 graduates who earned Rs 24.09 lakh. In the most recent academic year (2022-23), IIM Lucknow further cemented its lead, with 591 graduates securing a median salary of Rs 30 lakh. In comparison, IIM Indore saw 639 students placed out of 697 graduates, with a lower median salary of Rs 21.6 lakh. Notably, 7 students from IIM Indore opted for higher education during this period, suggesting a slight divergence in career paths between the two institutes.
While both institutes maintain impressive placement records, the consistent higher median salaries offered by IIM Lucknow highlight the strong demand for its graduates in the job market. This signals a significant advantage for students seeking a management degree with lucrative career prospects.
