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

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.

Sep 25, 2026, 11:54 IST
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
–

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

Senior Executive - Editorial

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