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IIM vs Maharaja Ranjit Singh

Fees, placements, ranking and admissions for Indian Institute of Management Indore and Maharaja Ranjit Singh College of Professional Sciences, side by side.

Data last updated 11 Oct 2026

Side by side.

 IIMMaharaja Ranjit Singh
Location
Indore, Madya Pradesh
Indore, Madya Pradesh
Type
Private
Private
Established
1996
1994
Approvals
UGC, AMBA, EQUIS, AACSB-US
UGC
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
₹1.01 L
2 Years
Better here
Highest package
₹70 LPA (domestic)
Better here
₹58 LPA
Average package
₹29.57 LPA
—
Median salary (NIRF)
₹27 LPA
—
Entrance exams
CAT, GMAT
CAT, XAT, CMAT
Courses offered
2
1
Facilities
A/C Classrooms, Cafeteria, Hostel, Sports, Library
A/C Classrooms, Cafeteria, Hospital & Medical Facilities, Hostel, Labs, Sports

“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.

In short…
  • Maharaja Ranjit Singh is cheaper for MBA, by about ₹16 L in total fees compared with IIM.
  • IIM reports the higher highest package (₹70 LPA (domestic)).
  • Both accept CAT, so one exam score can get you into either.

Numbers alone don't decide it. Talk to someone who studied there before you choose.

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 (…

Fees, cutoffs and reviews of IIM

Quick answers.

What is the MBA fee at IIM and Maharaja Ranjit Singh?

IIM: ₹17.25 L - 20 L total. Maharaja Ranjit Singh: ₹1.01 L total. Fees are the total course fee from each college's latest data on MyCampusReview.

Which has better placements, IIM or Maharaja Ranjit Singh?

IIM reports a highest package of ₹70 LPA (domestic) and an average of ₹29.57 LPA. Maharaja Ranjit Singh reports ₹58 LPA. Packages vary by year and specialisation, so ask alumni about recent placements.

Which exams are accepted by both IIM and Maharaja Ranjit Singh?

CAT.

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