IIM Kozhikode vs IIM Indore: Which Top B-School Should You Choose?

Last Updated: Sep 25, 2026, 11:54 IST

Choosing between IIM Kozhikode and IIM Indore? Both top-tier B-schools offer exceptional placements and strong ROIs. While IIM Kozhikode leads in NIRF rankings (3rd) and has higher maximum packages, IIM Indore (8th) edges ahead in average CTC. Read the detailed article below for cut-offs, ROI, and placement reports to make the right choice.

IIM Kozhikode Vs IIM Indore
IIM Kozhikode Vs IIM Indore

IIM Kozhikode and IIM Indore, both established in 1996 and both considered India’s premier B-schools. The NIRF 2025 ranking of IIM Kozhikode is 3, whereas the NIRF ranking of IIM Indore is 8. Below we have provided a detailed comparison of ranking, fees, cutoffs and ROI to help candidates make an informed decision.
As per the recent reports, the median CTC offered at IIM Kozhikode is Rs 27.50 LPA in 2025, whereas the median CTC offered at IIM Indore is Rs 27 LPA. IIM Indore’s fee-to-salary recovery period is marginally shorter at approximately 10.2 months versus IIMK’s 10 months.

IIM Kozhikode Vs IIM Indore: Overview

Both the institutes provide decent ROI, and candidates can choose between IIM Kozhikode and IIM Indore based on academics, placements, location and campus life. Check the table below for a detailed overview

Parameter

IIM Kozhikode (IIMK)

IIM Indore (IIMI)

Established

1996

1996

Location

Kozhikode, Kerala

Indore, Madhya Pradesh

NIRF Ranking 2025

3rd

8th

FT MiM 2026 Global Rank

54th

62nd

Total Fees (MBA)

Rs 23.5 Lakh

Rs 25.15 Lakh

Median CTC (2025)

Rs 27.50 Lakh 

Rs 27 Lakh

Average CTC (2025)

Rs 28.18 LPA

Rs 29.57 LPA

CAT Cutoff (Expected)

98+ percentile

98+ percentile

IIM Kozhikode Vs IIM Indore: Fees & ROI

In terms of total fees, IIM Indore has fees of approximately Rs 25.15 Lakh, while IIM Kozhikode has a fee of Rs 23.5 Lakh. However, IIM Indore has an edge in return on investment (ROI) due to a higher average salary. With an average CTC of Rs 29.57 LPA against IIM Kozhikode’s Rs 28.18 LPA. Check the table below for detailed information

Parameter

IIM Kozhikode (IIMK)

IIM Indore (IIMI)

Average (Mean) CTC

28.18 LPA

29.57 LPA

Median CTC

27.50 LPA

27 LPA

Highest CTC

81 LPA

70 LPA

Female Graduate Avg CTC

31.04 LPA

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IIM Indore vs IIM Kozhikode: Placements

For the 2025-27 summer placement cycle, both institutes reported 100% placement. IIM Indore recorded an average stipend of Rs 2.63 lakh, with the highest stipend of Rs 7.92 lakh, the highest among the BLACKI IIMs. It attracted over 230 recruiters. IIM Kozhikode reported an average stipend of Rs 2.68 lakh, with the highest at Rs 7 lakh. This institute saw participation from 147 recruiters.

Also Check,

 Is IIM Ahmedabad Worth 25 Lakhs? Take a Look at Post-MBA Salary Multipliers

 IIM Mumbai NIRF Rankings: Where Do Older IIMs Still Have an Edge

 NIRF Ranking 2026: Top 10 Management Colleges in India with Highest Median Salaries

 Delhi NCR vs. Mumbai MBA Placements: Which City Pays Higher Base Salaries to Fresh Managers?


IIM Indore vs IIM Kozhikode: Cutoffs

Each institute releases minimum cutoff marks for each category. The minimum cutoff for the general category is 85th percentile for IIM Kozhikode, whereas for IIM Indore it is 90th percentile. Check the table below for detailed category wise cutoff for each category.

IIM

General

EWS

NC_OBC

SC

ST

PwD

IIM Kozhikode

85

75

75

65

55

55

IIM Indore

90

90

80

60

45

45

Mohd Salman
Mohd Salman

Senior Executive - Editorial

Mohd Salman is a Senior Content Expert with over 6.5 years of experience in the education industry. He has a successful track record of building and scaling major content categories for exams such as SSC, Railways, Defence, Police, and State Government Exams. With his technical background, Salman connects editorial strategy with product innovation. Currently, he is driving the conceptualisation and development of interactive digital tools such as Rank Predictors and College Predictors for high stake competitive national examinations such as JEE, NEET and MBA.

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First Published: Sep 25, 2026, 11:54 IST

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