Which IIM is best for MBA in Sustainability Management

Which IIM is best for MBA in Sustainability Management

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Vipra Shrivastava
Senior Manager - Content
Updated on Jun 23, 2026 21:53 IST
IIM Lucknow and IIM Mumbai offer MBA in Sustainability Management in full time mode. Both these IIMs are extremely popular among management aspirants for this programme. Read below comparison of their respective Sustainability Management courses, NIRF rankings and return on investment (ROI).

IIM Lucknow and IIM Mumbai offer MBA in Sustainability Management in full time mode. Both these IIMs are extremely popular among management aspirants for this programme. Read below comparison of their respective Sustainability Management courses, NIRF rankings and return on investment (ROI).

Which IIM is best for MBA in Sustainability Management

All about MBA in Sustainability Management by IIMs

MBA in Sustainability Management is a niche programme and offered by only a few B-Schools in India, including the IIMs. Given the rapidly increasing emphasis on Environmental, Social, and Governance (ESG) guidelines for business organisations, this programme may not remain niche for long. Driven by the need for corporate responsibility and green economy, it is highly likely that MBA in Sustainability Management will become one of the mainstream specializations.

Which brings us to the question - Which IIM is best for MBA in Sustainability Management?  Among 22 IIMs, only 2 offer MBA in Sustainability Management programme and both are on par with each other. Read further below for a comparison of their respective Sustainability Management courses and return on investment (ROI).

Table of contents
  • IIM Lucknow MBA in Sustainability Management
  • IIM Lucknow Placements 2025: Highlights
  • IIM Mumbai MBA in Sustainability Management
  • IIM Mumbai Placements 2025: Highlights
  • Other popular MBA in Sustainability Management in India

IIM Lucknow MBA in Sustainability Management

IIM Lucknow’s MBA in Sustainability Management is the top ranked programmes in this field in India (No. 5 on NIRF rankings 2025). Offered in 2-year full-time mode, the course aims to prepare managers with a balanced perspective on economic, social and environmental issues. The programme is open for graduates and admission is based on CAT exam score.

A lot of management aspirants opt for the Sustainability Management programme at IIM Lucknow as it opens up a lot of job avenues in multiple sectors. ROI of IIM Lucknow’s MBA in Sustainability Management is quite satisfactory. While the total fee of MBA in Sustainability Management is INR 20.75 lakh, average package in campus placement is INR 22.6 lakh per annum.

IIM Lucknow Placements 2025: Highlights

For a better perspective on MBA in Sustainability Management programme, take a look at the below table for latest IIM Lucknow placement data.

Particulars

Details

Highest salary offer

INR 45.37 LPA

Average salary offer

INR 22.66 LPA

Sustainability roles offered

65%

Top recruiting sector

IT

Top companies

Accenture, EY, MAQ Software, JSW, PWC, AFRY, Fitsol, TATA Power, Welspun, Africare Global, Cipla, BDO among others

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IIM Mumbai MBA in Sustainability Management

IIM Mumbai (formerly NITIE) is one of the pioneer institutes for Sustainability Management. Like IIM Lucknow, IIM Mumbai is also top ranked for the course in India (No. 6 on NIRF rankings 2025). Launched 2001, the IIM Mumbai MBA in Sustainability Management programme, it seamlessly integrate Operations, Supply Chain, and Business Strategy with Sustainability, Environmental Management, Safety Management, and Corporate Social Responsibility.

The programme is open for graduates and admission is based on CAT exam score. A lot of management aspirants opt for this course as it prepares them in making critical business decisions guided by Environmental, Social, and Governance (ESG) principles, ensuring responsible corporate behaviour.

ROI of IIM Mumbai’s MBA in Sustainability Management can be considered satisfactory. While the total fee of MBA in Sustainability Management is INR 21 lakh, average package in campus placement is INR 28 lakh per annum.

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IIM Mumbai Placements 2025: Highlights

For a better perspective on MBA in Sustainability Management programme, take a look at the below table for latest IIM Mumbai placement data.

Particulars

Details

Highest salary offer

INR 54.00 LPA

Average salary offer

INR 28. 00 LPA

Top recruiting sector

Manufacturing

Top companies

American Express, , Accenture, Deloitte USI, EY, GEP, Kearney, KPMG, Mckinsey & Co., Miebach Consulting, PwC, Britannia, Dabur, Diageo, Emami Group, Godrej Consumer Products Limited, Haleon, Hindustan Coco-Cola Beverages, Hindustan Unilever Limited, ITC, Johnson & Johnson, Kellogg's, L'Oréal, Marico, Mondelēz, Nestlé, Pernod Ricard, Procter & Gamble, Reckitt, Tata Consumer Products Limited, etc., Abbott, Cipla, Cloudnine Group of Hospitals, DRL, Lupin, Zydus Lifesciences

Other popular MBA in Sustainability Management in India

Given below is the list of some of the popular B-Schools offering MBA in Sustainability Management in India:

Colleges

MBA in Sustainability Management course fee (approx.)

Indian Institute of Forest Management (IIFM), Bhopal

INR 12.98 lakh

TERI School of Advanced Studies (TERI SAS), New Delhi

INR 7.90 lakh 

XIM University, Bhubaneswar

INR 15. 40 lakh to INR 16.50 lakh

Masters' Union

INR 22.65 lakh

GNIOT, Greater Noida

INR 5 to 7 lakh

Read more: Which IIM is best for Supply Chain Management

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About the Author
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Vipra Shrivastava
Senior Manager - Content

Vipra Shrivastava is MA in English Literature from Delhi University with extensive experience in content writing of over 14 years. She has been handling content for Management, Accounting and Commerce streams for 8

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