IIM Indore vs IIM Mumbai: IIM Indore and IIM Mumbai are top-tier management institutes in India. They hold a strong reputation and placement records. They secure top positions in the NIRF and IIRF rankings. This reflects their immense popularity and industry connections. There is a difference in their legacy and focus areas. Many aspirants often ask, “Which is better: IIM Indore or IIM Mumbai?” The right choice depends on your career plan. Both institutes differ in various aspects. This includes MBA fees, ROI and exposure. They have a similar fee of around INR 25 lakh. IIM Mumbai offers better ROI. This is due to its higher average package. The average package at IIM Indore is about INR 25 LPA-30 LPA. The average package is around INR 30 LPA-INR 47 LPA in IIM Mumbai. Read ahead to learn about IIM Indore vs IIM Mumbai in detail. This helps you choose the right MBA path.
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IIM Indore vs IIM Mumbai: Which is Better?
You should compare all the aspects of IIM Indore and Mumbai. This includes eligibility, fees, admission placements, etc. It helps you find which institute fits your goals. You can check the key highlights of IIM Indore vs IIM Mumbai in the table below:
| Particulars | IIM Indore | IIM Mumbai |
| Full Form | Indian Institute of Management Indore | Indian Institute of Management Mumbai |
| Established | 1996 | 1963 |
| Program Offered | PGP, EPGP, PGP-HRM, PGPMX | MBA, MBA (Sustainability Management), MBA-PGPEx, MBA (Operations and Supply Chain Management) |
| Course Duration | 2 years | 2 years |
| Eligibility | Bachelor’s Degree | Bachelor’s Degree |
| Ranking | 5 (IIRF Ranking 2025) | 9 (IIRF Ranking 2025) |
IIM Indore vs IIM Mumbai: Eligibility
Eligibility criteria are crucial in the IIM MBA admission process. The basic requirements are mostly similar, but they differ in CAT cutoff percentiles. The minimum educational qualification required is a bachelor’s degree from a recognised university. Below is the comparison of IIM Indore vs IIM Mumbai in terms of eligibility:
| Particulars | IIM Indore | IIM Mumbai |
| Minimum Qualification | Bachelor’s Degree with at least 50% marks or equivalent CGPA [45% for Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PwD) categories] | Bachelor’s Degree with at least 50% marks or equivalent CGPA [45% for Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PwD) categories] |
| Final year students’ eligibility | Candidates appearing for the final year of a Bachelor’s degree/equivalent can apply | Students in the final year or the above degree can also apply |
| Entrance Exam | CAT | CAT |
| Work Experience | Not Mandatory | Not Mandatory |
IIM Indore vs IIM Mumbai: Admission Process
The MBA admissions in IIM Indore and IIM Mumbai involve various stages. Candidates are selected for the course based on composite scores. This includes CAT scores, academics, PI scores, diversity, etc. Each institute follows its own composite score weightage criteria. Let’s look at the IIM Indore Vs IIM Mumbai admission process below:
IIM Indore MBA Admission Process
IIM Indore follows a three-stage selection process: Eligibility criteria, Shortlist for Personal Interview (PI) and Final Selection. Below is the stage-wise IIM Indore MBA admission process for reference:
- Eligibility Criteria: Candidates must fulfil the prescribed eligibility criteria and the minimum sectional percentile and overall percentile scores in CAT. Those who fulfil this criterion will move to the next stage.
- Shortlist for Personal Interview (PI): Candidates will be shortlisted for PI using the merit list generated based on the Composite Score (CS). This includes academics, CAT sectional scores, Diversity Factor, and Work Experience.
- Final Selection: Candidates who fulfil the requirements mentioned in Stage II will only be considered for final selection. A category-wise merit list will be prepared based on the Final Composite Score (FCS). This includes academics, CAT scores, PI Score, and Diversity Factor. The weightage of Final Composite Score (FCS) is:
| Component | Score |
| 10th Standard/ SSC Score | 5 |
| 12th Standard/ HSC Score | 5 |
| CAT Sectional Scores | VARC: 20, DILR: 10, QA: 10 |
| PI Score | 45 |
| Diversity Factor (DF) | 5 |
IIM Mumbai MBA Admission Process
IIM Mumbai Admission Process includes three stages. These are eligibility, Personal Interview (PI), and Final Selection. Check the stage-wise IIM Mumbai MBA admission process for reference:
- Eligibility: Candidates should fulfil the CAT sectional and overall percentiles. Only those who satisfy these criteria will be shortlisted for the next stage.
- Shortlisting for Personal Interview (PI): Shortlisted candidates will be called for a Personal Interview (PI). It will be based on their CAT score and sectional cutoffs as per their reservation category.
- Final Selection: A composite score for final selection will be prepared for the candidates who participated in the PI. It will be used to prepare a category-wise merit list. The weightage of the Composite Score for the final selection is:
| Parameter | Weightage |
| CAT Score | 60 |
| Personal Interview (PI) | 20 |
| Academic Performance & Work Experience Score | 20 |
| Total | 100 |
IIM Indore vs IIM Mumbai: Courses Offered
IIM Indore offers the Post Graduate Programme in Management (PGP). It is a two-year, full-time residential programme. It is considered equivalent to the MBA Degree. The course aims to groom students into competent professional managers. IIM Mumbai offers the Master of Business Administration (MBA) course. This 2-year course aims to train students with the skills and knowledge needed to succeed in a business environment. Apart from MBA programmes, these institutes offer other management courses as well. Check the comparison of IIM Indore vs IIM Mumbai admission below:
| Particulars | IIM Indore | IIM Mumbai |
| Course Offered | Post Graduate Programme in Management (PGP), Executive Post Graduate Programme in Management (EPGP), Post Graduate Programme in Human Resource Management (PGP-HRM), Post Graduate Programme in Management for Working Executives in Mumbai (PGPMX) | MBA, MBA (Sustainability Management)MBA-PGPEx, MBA (Operations and Supply Chain Management) |
IIM Indore vs IIM Mumbai: Batch Size
Aspirants should consider the batch size of IIM Indore and IIM Mumbai before making any decision. IIM Indore has a batch size of 487 students for the 2025 batch. IIM Mumbai has 446 students for the 2024 batch. The batch size does influence peer learning, competition, and placement opportunities. Check the comparison of the IIM Indore vs IIM Mumbai batch size below:
| Institute with Batch Year | Number of Students |
| IIM Indore Batch 2025 | 487 |
| IIM Mumbai Batch 2024 | 446 |
IIM Indore vs IIM Mumbai Fees Structure
IIM Indore and IIM Mumbai follow a similar fee range for their courses. Both charges are nearly INR 25 Lakh for a 2-year program. The fee structure includes Course Fee, Caution Money Deposit, Mess charges, etc. Aspirants should review the fee structure of these institutes in advance. It helps them compare ROI, placements, and growth potential before arriving at any decision. Check the comparison of IIM Indore vs IIM Mumbai fees below:
IIM Indore Fee Structure
| IIM Indore Fee Structure | |||||||||
| Sr. No. | Head | AY 2026–27 | 1 | 2 | 3 | AY 2027–28 | 4 | 5 | 6 |
| 1 | Course Fee | 12,00,000 | 4,00,000 | 4,00,000 | 4,00,000 | 12,00,000 | 4,00,000 | 4,00,000 | 4,00,000 |
| 2 | Alumni Fee + GST @ 18% | – | – | – | – | 11,800 | – | – | 10,000 + 1,800 |
| 3 | Refundable Caution Deposit | 50,000 | 50,000 | – | – | – | – | – | – |
| 4 | Mess Deposit | 54,000 | 18,000 | 18,000 | 18,000 | – | – | – | – |
| Grand Total | 13,04,000 | 4,68,000 | 4,18,000 | 4,18,000 | 12,11,800 | 4,00,000 | 4,00,000 | 4,11,800 | |
IIM Mumbai Fee Structure
The gross programme fee for the MBA programme is INR 25 lakh. A refundable Caution Money Deposit of Rs 50,000 must be paid at the time of admission. This deposit will be refunded to the student after the course is completed. It can even be adjusted against any outstanding dues, as applicable. Mess charges and the Mess deposit must be paid separately.
IIM Indore vs IIM Mumbai: Ranking
Both institutes rank among the top MBA colleges in the NIRF and IIRF lists. IIM Indore is often placed in the top 10. This reflects its strong reputation and academic quality. IIM Mumbai also performs well in rankings. Its industry exposure and growing popularity support this. Here is a quick comparison of their rankings below:
| Particulars | IIM Indore | IIM Mumbai |
| IIRF Ranking (2025) | 5 | 9 |
| NIRF Ranking (2025) | 8 | 6 |
IIM Indore vs IIM Mumbai Placement
IIM Indore and IIM Mumbai have strong placement records. Both institutes enjoy a good reputation and strong industry connections. Top companies visit them every year during placements. The average package at IIM Indore is around INR 29 LPA. IIM Mumbai also shows excellent results. Its average package is around INR 30+ LPA. Check the comparison of the IIM Indore vs IIM Mumbai salary below:
IIM Indore Placement Statistics
| Year | Average Package | Median Package | Highest Package |
| 2025 | INR 29.57 LPA | INR 27 LPA | INR 70 LPA |
| 2024 | INR 25.68 LPA | – | INR 1 Cr PA |
| 2023 | INR 30.21 LPA | INR 27.2 LPA | INR 1.14 Cr PA |
IIM Mumbai Placement Statistics
| Year | Average Package | Highest Package | Median Package |
| 2024 | INR 47.29 LPA (Top 10% of the batch) | INR 54.00 LPA | – |
| 2022 | INR 25.4 LPA | INR 49 LPA | INR 22 LPA |
IIM Indore vs IIM Mumbai FAQs
IIM Indore and IIM Mumbai are the popular choices among MBA aspirants. The admission process differs in various aspects. Candidates can review the comparison for complete information.
Candidates who have completed their graduation and have CAT scores can apply for IIM MBA admissions.
IIM Indore and IIM Mumbai charge nearly INR 25 Lakh for 2 year MBA program.
IIM Indore has a batch size of 487 students for the 2025 batch. IIM Mumbai has 446 students for the 2024 batch.
