Is LSE better than IIM?
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2 Answers
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London School of Economics and the IIM institutions are known to be one of the top universities in the world. Based on their rankings, both colleges have performed well throughout the years. London School of Economics and Political Science has been ranked at #45 and the top five IIMs overall have a ranking between #22 and #51 according to the QS World Rankings 2024. Some of the comparative points based on different parameters for LSE and IIMs are given in the table below:
Category London School of Economics IIMs QS World Rankings 2024 #45 #22- #51 Average Salary MBA INR 96 Lakhs INR 20 Lakhs - INR 25 Lakhs per annum Course Fees (MBA) INR 21 L - INR 47 L INR 11 L - INR 25 L -
London School of Economics in the UK and IIMs in India are popularly known for their Business and Management courses. According to the QS World University Rankings 2024, LSE has claimed the spot #45, whereas various IIMs are ranked in the range 48-78. These include IIM-B (#48), IIM-A (#53) and IIM-C (#78) . On the basis of world rankings, LSE has an upper hand.
Mentioned below is the comparison between LSE and top IIMs in India on the basis of some key parameters that can help you choose:
Parameters
London School of Economics and Political Science
IIM
Acceptance Rate
9%
0.25 - 2%*
QS Rankings
#45
IIM Ahmedabad: #53
IIM Bangalore: #48
IIM Calcutta: #78
Annual Tuition Fee (MBA)
INR 20L- 46L
IIM Ahmedabad: INR 18,19,000 Tuition fee + GST.
IIM Bangalore: INR 21L
IIM Calcutta: INR 31L
Average Package
GBP 47,524 (INR 49 LPA)
INR 16 LPA to INR 30 LPA
*Conversion rate: 1 GPB=INR 104.29
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