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
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