IIM Lucknow vs IIM Mumbai: A comparative evaluation of placement efficiency

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IIM Lucknow vs IIM Mumbai: A comparative analysis of placement performance

Two of India’s premier administration institutes, the Indian Institute of Administration Lucknow and the Indian Institute of Administration Mumbai are dream colleges for a lot of aspiring administration college students. Within the NIRF Rankings 2024, IIM Lucknow has secured rank 7 whereas IIM Mumbai has secured rank 6, actually, since 2021, each of the institutes have secured a rank within the prime 10 of the administration class of NIRF Rankings.So, what units these institutes aside? Past their distinguished school, superior programs, analysis amenities, and spectacular campuses, one main differentiator is their placement data. At the moment, we are going to evaluate which of those esteemed IIMs excels extra when it comes to placements.

Placement Information: A comparative between IIM Lucknow and IIM Mumbai

So which institute is best when it comes to placement data? Here’s a have a look at the final three years’ information of each the institutes revealed by the Nationwide Institutional Rating Framework (NIRF) beneath the administration class 2024:
(PG 2 Yr Programme)

Educational Yr
IIM Lucknow
IIM Mumbai
2020-21 Variety of college students graduated: 507 Variety of college students graduated: 519
Variety of college students positioned: 507 Variety of college students positioned: 519
Median wage: Rs. 23.5 Lakh Median Wage: Rs. 25.8 Lakh
2021-22 Variety of college students graduated: 519 Variety of college students graduated: 521
Variety of college students positioned: 519 Variety of college students positioned: 521
Median wage: Rs. 29 Lakh Median Wage: Rs. 31 Lakh
2022-23 Variety of college students graduated: 591 Variety of college students graduated: 490
Variety of college students positioned: 591 Variety of college students positioned: 490
Median wage: Rs. 30 Lakh Median wage: Rs. 32 Lakh

In a comparative evaluation of the two-year postgraduate applications at IIM Lucknow and IIM Mumbai from the educational years 2020-21 to 2022-23, each establishments have proven regular progress when it comes to graduate placement and median wage packages. IIM Lucknow noticed a constant improve within the variety of college students graduating on time, rising from 507 in 2020-21 to 591 in 2022-23. Equally, the median wage supplied to graduates elevated from Rs. 23.5 lakh in 2020-21 to Rs. 30 lakh in 2022-23.
Then again, IIM Mumbai, although beginning with a barely greater variety of graduates (519 in 2020-21), skilled a slight dip in 2022-23, with 490 college students graduating on time. Nonetheless, the median wage at IIM Mumbai has proven extra vital progress, climbing from Rs. 25.8 lakh in 2020-21 to Rs. 32 lakh in 2022-23, persistently outpacing IIM Lucknow’s figures when it comes to wage presents.
General, whereas IIM Lucknow has seen extra college students graduating, IIM Mumbai has supplied greater median salaries to its graduates, making it stand out when it comes to monetary outcomes.