IIM Lucknow - Indian Institute of Management Answered Questions

The fee for MBA in IIM Lucknow is similar to private Management colleges. Below is IIM Lucknow MBA fee comparison with other private institutes in Lucknow:Top Private Management Colleges in Lucknow Total Tuition FeeJaipuria Lucknow MBAINR 13.5 lakhAmity Lucknow MBAINR 9.04 Lacs - INR 13.08 lakhIILM Lucknow MBAINR 4.2 Lacs - INR 5.2 lakh

Yes, the Executive MBA program at the Indian Institute of Management Lucknow (IIM Lucknow), also known as the Executive Post Graduate Programme in Management (EPGP), accepts scores from the Common Admission Test (CAT). This program is intended to improve the managerial and leadership skills of working professionals. As part of the selection process, IIM Lucknow takes into account additional criteria in addition to CAT scores, including work experience, academic standing, and in-person interviews. As these can change every year, it's crucial for applicants to verify the precise requirements for admission and the application deadlines on the official IIM Lucknow website.

{Source: MBA/PGDM students & alumni}Based on the reviews and feedback from students and alumni, here's what stands out:Placement Record: 100% placement record, with top companies like McKinsey, BCG, Amazon, and Google offering roles.Salary Packages: the highest salary package offered: INR58 LPA, Average salary package: INR23 LPA, the lowest salary package: INR10 LPA.Facilities and Infrastructure: Good infrastructure, modern classrooms, well-maintained hostels, and a range of sports facilities.Faculty: Highly qualified and experienced professors, with many holding PhDs from renowned universities.Curriculum: Relevant and practical curriculum, with a strong focus on case studies and industry exposure.Student Life: Active campus life, with opportunities for extracurricular activities, sports, and cultural events.Scholarship Opportunities: Need-based scholarships available for economically weaker students.International Exposure: Opportunities for international exchanges and internships.Overall, IIM Lucknow appears to offer a well-rounded MBA/PGDM experience, with strong emphasis on placement outcomes, faculty expertise, and infrastructural facilities. However, individual experiences may vary depending on personal preferences and goals.Here are some key points to summarize:* High Placement Rate: 100% placement record* Good Salary Packages: Competitive salaries, with the highest package reaching INR58 LPA* Strong Faculty: Experienced professors with PhDs from renowned universities* Practical Curriculum: Focus on case studies and industry exposure* Active Campus Life: Opportunities for extracurricular activities and sports* Scholarship Options: Need-based scholarships available for eligible students* International Exposure: Opportunities for international exchanges and internships

No, it is not mandatory to stay in hostel for IIM Lucknow students. However, it is always convinent to stay close to the campus. Students can reach the campus as and when required in short-time. The institute provides air-conditioned hostel for both boys and girls. The hostels have basic amenities such as waster purifiers, common room, recreation room, etc. for students.

The goal of the MBA Innovation and Entrepreneurship course is to support students in launching and growing their entrepreneurial careers; hence, placement is not provided. The course has changed throughout time, and students pursuing this sort of MBA may anticipate a flexible and useful course structure.While it may require a high level of self-discipline, the rewards in terms of career advancement and personal growth are well worth it. So, if you're contemplating whether an Online MBA from IIM is worth it, the resounding answer is: Yes, it is indeed a valuable and worthwhile endeavour.

Yes, the institute has a list of alumni who are successfully running their own Unicorn startups and have raised the entrepreneurship standard with their creative ideas. To name a few, take a look at the below success stories:1. Bombay Shaving Company: A premium personal care and grooming solutions brand was founded by Shantanu Deshpande, who passed out from IIM Lucknow in 2011. Shantanu has pursued an MBA in Strategy from IIM Lucknow. After completing his education he worked for 4 years at McKinsey & Company and after that, he ventured into the world of entrepreneurship.2. Flutrr: It is an inclusive multilingual online dating app which provides a delightful dating experience in one’s language. A new generation of matching algorithms from ancient Indian and Vedic sciences of Astrology and Numerology are followed at Flutrr. The company was founded by Kaushik Banerjee who is designated as co-founder and CEO. Kaushik has pursued MBA in Marketing Operations from IIM Lucknow and has passed out on 1992.Multiple IIM Lucknow alumni have set the stage for the upcoming students to start their own ventures and bring the best to the table.

{Source: MBA/PGDM students & alumni}Placement Cell Success* The college provides 100% placements, with exceptional niche roles offered in finance and consulting.* Big-name companies regularly visit the campus for placements, with some recruiting exclusively from IIM Lucknow.* According to students, most companies offer sales and marketing roles, while quantitative and research-oriented roles are fewer in number.* The placement cell is very efficient, helping students secure job opportunities in leading organizations.* The average salary package offered is around 20 LPA, with the highest package reaching 58 LPA.In summary, the placement cell at IIM Lucknow is highly successful in securing jobs for MBA/PGDM students, offering 100% placements with attractive salaries and opportunities in various fields.

 IIM Lucknow NIRF (National Institutional Ranking Framework) Ranking for 2022 and 2023 is six under the Management category. IIM Lucknow rank for 2021 is seven under the Management category. IIM Lucknow ranking NIRF is good and is given based on criteria like Sanctioned (Approved) Intake, Placement and higher Studies, Faculty Details, and others.

The majority of students (37%) placed during IIM Lucknow placements received opportunities in the Consulting domain. The second in the sequence was the Product Management domain with 19% of the students placed.IIML is ranked at 6th position in the NIRF Management ranking 2023. The other closely ranked IIMs that a student might want to compare are IIM Kozhikode, IIM Calcutta and IIM Indore ranked at 3rd, 4th, and 8th position in the NIRF ranking 2023 (Management). For all four IIMs, Consulting emerged as the top preference among the students, with the highest placement rate. Around 33% of IIM Kozhikode students who passed out in 2024 received opportunities in the Consulting domain. For IIM Indore and IIM Calcutta, the placement share in Consulting was 25% and 40.50%, respectively. The detailed domain-wise distribution of IIM Lucknow and other closely ranked IIMs is presented below:DomainIIM LucknowIIM KozhikodeIIM Calcutta*IIM IndoreConsulting37%33%40.50%25%Finance16%28%15%19%General Management12%8%14.30%25%Operations3%6%3%N/AProduct Management19%N/A18.20%N/ASales & Marketing13%10%9%19%*The stats mentioned are for 2023 as the 2024 details are yet to be released.

Famous ranking bodies like QS, Financial Times, and others have featured IIM Lucknow in their list of top 250 colleges. The QS has ranked IIM 201-250 under the WUR Ranking By Subject category and 251-300 under the WUR Ranking By Subject for 2022. The ranking body has also ranked IIM Lucknow 121-130 under the World University Rankings - Masters In Management category for 2023.