Which one is better for a MBA, Lal Bahadur Shastri Institute of Management or IILM Institute For Higher Education?
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3 Answers
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Lal Bahadur Shastri Institute of Management (LBSIM) is generally considered to be a better MBA programme than IILM Institute for Higher Education. LBSIM is a more established and prestigious institution with a stronger track record of placements.
Here is a comparison of the two institutions on some key parameters:
Parameter LBSIM IILM Institute for Higher Education Established 1995 2002 Accreditation AICTE, NBA, AACSB AICTE, NBA Average placement salary 13.2 LPA 11.7 LPA Top recruiters Deloitte, KPMG, PwC, McKinsey & Company, Boston Consulting Group Accenture, EY, Deloitte, KPMG, PwC International tie-ups University of Warwick, UK; University of Texas at Dallas, USA; ESSEC Business School, France University of Hertfordshire, UK; University of Wollongong, Australia; EDHEC Business School, France Overall, LBSIM is a better choice for an MBA programme if you are looking for a prestigious institution with a strong track record of placements. However, IILM Institute for Higher Education is also a good option if you are looking for a more affordable programme with international tie-ups.
Ultimately, the best way to deci
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'Both the institutes are very good option for MBA. If we have to pick a better option strictly based on statistics, I would suggest going for LBSIM for MBA as while both the institutes are having a average placement ratio of 100%, LBSIM takes the lead in average CTC offered by a whooping amount of 4-5lakhs INR.
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LBSIM
Located in Dwarka, New Delhi, LBSIM has a 100% placement rate. In 2022, the average CTC was INR 11.30 LPA. LBSIM offers roles in marketing, finance, and HR.
LBSIM has state-of-the-art facilities, including a library, auditorium, and open-air theater. NIRF 2023 ranked LBSIM in the band of 101-125.
IILM
IILM has 100% placements. In 2019, the average salary package was INR 7.5 Lacs per annum, with the highest going up to INR 18 Lacs per annum. Recruiting companies include Deloitte, KPMG, E&Y, and PWC.
IILM has campuses in Greater Noida, Gurugram, and Jaipur. IILM offers scholarships of up to 75% on CAT scores and up to 40% on MAT scores
Similar Questions for you
Yes, IILM offers merit-based scholarships. It even has collaborations with banks to simplify student loan application process. Specific scholarships are available for categories such as the Girl Child, B.Tech graduates, and those with high CAT/XAT/MAT/CMAT scores.
No, the hostel boarding and lodging charges are additional and separate from the main programme tuition fees. The hostel fee is approximately INR 1.37 for two year period at university.
Yes, you will have to pay INR 1,100 as non-refundable application processing fee during the submission of online application form. For more information, check the official PGDM brochure of IILM Lodhi Road.
Yes, final-year students can apply for IILM Lodhi Road PGDM programme on provisional basis, if they meet the minimum aggregate requirement of 50% marks even when they get undergraduate degree .
There will be an assessment of academic performance, entrance exam scores, and work experience. After this, there will be in-person rounds which include a Case Study Analysis or Simulation and a Personal Interview with a faculty panel.
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