Which is a better IIM among IIM Indore, IIM Shillong, and IIM Ranchi?

1 Answer

Risha Sinha Feb 2, 2021

IIM Indore is the 6th IIM in their category. It is an autonomous institution ranked 7th for MBA by NIRF 2020. They have a faculty strength of 106 members, most of them being PhD holders. Accenture, Capgemini, HP and IBM are the frequent recruiters that visit the college. They often organize seminars and provide internships to deserving candidates.

IIM Indore might be the better choice compared to IIM Shillong and IIM Ranchi due to the following reasons - 


Faculty wise IIM Indore takes the lead as the faculty here are the most experienced when compared to IIM Shillong and IIM Ranchi even though the latter too possess experienced faculty.

Alumni Base:

This plays an important part as it defines a better relationship with the campus and the recruiters that visit regularly. IIM Indore campus is older than the other two campuses and thus scores in this regard. IIM Indore’s alumni are spread across different domains and geographical locations in the corporate world for a long period of time.


Placements in IIM Indore are comparable to the top IIMs however the huge batch size means that there will be intense competition among the students to bag niche roles in reputed organizations. 

IIM Shillong also has a good placement record better than some new IIMs however it suffers due to its location which is a disadvantage and some top organizations miss out due to this reason. 

IIM Ranchi is amongst the fast-growing new IIMs and offers specialized PGDHRM. The placements are best among the new IIMs and the smaller batch size offers better opportunities for the students.


No. of students

No. of Recruiters

Highest Package

Average Package

Median Package

IIM Indore



50 LPA

22.92 LPA

22 LPA

IIM Shillong



48.5 LPA

18.76 LPA

17 LPA

IIM Ranchi



59.36 LPA

15.11 LPA

14.82 LPA

So, considering all the facts IIM Indore will be the best choice if you decide to join the general MBA program. If you are planning to do a specialization in Human Resources then you can opt for specialized PGDHRM in IIM Ranchi as it provides a good opportunity.