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IIM vs Lal Bahadur Shastri

Fees, placements, ranking and admissions for Indian Institute of Management Indore and Lal Bahadur Shastri Institute of Technology and Management Indore, side by side.

Data last updated 11 Oct 2026

Side by side.

 IIMLal Bahadur Shastri
Location
Indore, Madya Pradesh
Indore, Madya Pradesh
Type
Public
—
Established
1996
—
Approvals
AACSB, AMBA, EQUIS
—
NIRF ranking
Indian Institute of Management (IIM) has been ranked 7th as per the MHRD-NIRF Rankings 202
—
MBA total fee
₹17.25 L - 20 L
2 year
—
Highest package
₹70 LPA (domestic)
—
Average package
₹29.57 LPA
—
Median salary (NIRF)
₹27 LPA
—
Entrance exams
CAT, GMAT
—
Courses offered
2
1
Facilities
A/C Classrooms, Cafeteria, Hostel, Sports, Library
—

“Better here” marks only lower fees and higher reported packages. Packages are as reported by each college or NIRF and vary by year and specialisation.

About the two colleges.

Indian Institute of Management Indore

With the objectives of imparting high quality management education and training, the Department of Higher Education, established Indian Institute of Management Indore as Institutions of Excellence. These Institutions are recognized as premier management institutions, comparable to the best in the world for teaching, research and interaction with industries. Established in 1996, Indian Institute of Management Indore (…

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