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Between IIM L and XLRI, which is better?
XLRI is the better option among these. The institute has a strong industry presence. According to the recent highlights, XLRI placements are pretty good. During the 2022 placement drive, the average CTC offered was INR 30.73 LPA. While the highest CTC offered was INR 60 LPA.
XLRI is widely reputed across the country. If you check the credentials of multinational brands operating in India, most of them are XLRI alumni.
Student life at XLRI is much better compared to IIM L. The personality development programs of XLRI are pretty good and help students gain management and leadership traits. IIM L has a more traditional approach toward academics.
What is the sustainability management course at IIM L?
IIM Lucknow provides an excellent program in sustainability management (PGP-SM), which is a two-year full-time residential program. It is held in the Noida campus of IIM Lucknow.
The points below give a brief overview of the course and its main objectives.
- The “Going Green” initiative has been an important part of the corporate strategy. In today’s business world, companies perform several operations and look into new ways to address several social and environmental issues. These issues are also addressed along with the economic issues faced in society and industries.
- For solving such modern-day issues, companies are hiring qualified experts who are accustomed to the environmental, societal, and business components of sustainability. So, IIM Lucknow has taken an initiative to generate experts who can understand such issues and generate solutions for the decision-making process in the industry.
- The program of sustainability management focuses on Environmental, economic, and social sustainability.
These are the key highlights of the program of sustainability management in IIM Lucknow. Further details regarding the cut-off, fee structure, process of admission, and placement statistics are given on the institute’s website.
What exactly will I miss out on if I do my MBA from IIM Lucknow instead of IIM A/B/C?
There are several candidates who have this query of difference between IIM Lucknow and IIM A/B/C. Discussed below is what can be gained in IIM Lucknow, and what are the factors to be missed.
- The IIM Lucknow campus is beautiful and has a calmness all around the surroundings.
- The mess food is as good as any restaurant, and no way close to any hostel food. There are comments mentioning its quality, the unlimited supply. There are several facilities like a juice counter, paratha counter, egg counter, etc. There are facilities for night mess and that too in-room service.
- Talking about sports facilities, the count is huge. Football field, futsal field, squash field, cricket ground, volleyball/throwball courts, basketball court, tennis court, Gym, swimming pool, indoor games including table tennis, pool and snooker, and even sauna are there inside the campus.
- There are a number of ways inside the campus for the all-round development of students. There are several student-run cultural clubs (Dance/ Choreography, Singing/ Music, Drama, Photography, Spicmacay, etc.). There are committees managed by students for academic development in Finance, Consulting and Strategy, Marketing, Operations, etc. There is a committee for Media management too. There is also a committee that works towards the betterment of society through its activities.
- There is a gender diversity of 30-50% girls as well as 70-80% engineers in IIM Lucknow, which is opposed to other IIMs having 90+ % engineers.
- IIM Lucknow provides immense opportunities for business ideas and E-cell helps students in converting those ideas to life. There are several student-made ventures already running inside the campus.
Other than the above points, the placement of IIM Lucknow is as good as top IIM A/B/C, having the same companies recruiting from all the top IIMs. Overall, these factors can help build perspectives for choosing the right institute for CAT rankers and especially, IIM aspirants.
How were your 2 years at IIM Lucknow?
Only two issues were present during your two years at IIM Lucknow, but they were enough to ruin your life.
- Placement Group:
The placement team at IIM Lucknow is utterly corrupt on a divine level. It is the only IIM where our placement report has never been revealed. Not even the funded numbers released by IIM I & K.
Despite IIM L, being one of the top ten B schools in the country, the overall average and median package offered was INR 31.03 LPA and INR 29 LPA, respectively. After more than a month, 10% of the batch remains unplaced. Deserving candidates are doomed in a system dominated by such greedy and unethical individuals.
- Faculty:
The next two years of your education will be spent being tormented by extra assignments whenever a good company visits campus by money-minded, egoistic professors who know nothing and teach an outdated curriculum. Around 10% of professors are divine.
Another 20% are somewhat average and do a good job of teaching, but they are limited by the useless curriculum. However, 70% of the professors are just pitiful; they don't know anything and don't know how to teach it. They are only concerned with making commissions on anything they can in order to sell businesses their useless MDPs.
How is IIM Kozhikode in comparison to IIM Lucknow?
IIM Kozhikode and IIM Lucknow are both highly reputed institutions in the field of management education in India offering top-quality education. However, they seem to have some differences in terms of their focus areas and curriculum.cIM Kozhikode focuses more on research and academics with an upper hand in the areas of finance and economics. IIM Lucknow on the other hand is known for its focus on management education and its strong reputation in the areas of marketing and human resources. My friend was a student of IIM Kozhikode but stayed at IIM Lucknow for a while so he had a picture of both the institutes.
- IIM Kozhikode fairs better in terms of climate and weather conditions than IIM Lucknow
- IIM Lucknow has a better quantity and quality of recruiters during the placement season
- South Indians are more friendly than people in Lucknow
- IIM Kozhikode has better opportunities in terms of student Exchange programs.
- IIM Kozhikode offers a better campus view and has a serene ambiance in comparison to IIM Lucknow which is mostly arid dryland.
- The food offered at both the institutes may highly vary in taste but the quality is equally good.
Both institutes have a strong alumni network and good placement records. Ultimately, the choice between the two will depend on the individual's interests and career goals.
How is the new IPMX program of IIM Lucknow?
IPMX is the flagship program of the IIM Lucknow Noida campus. It is a one-year residential program designed for mid/senior-level professionals and aims to help them prepare them for leadership roles.
Admission:
- The prerequisite for this program is a bachelor’s degree in any discipline with a minimum of 50% aggregate marks and at least 5 years of full-time managerial experience.
- Candidates are shortlisted for admission based on their GMAT score. The final selection of the program is done through a written ability test and personal interview conducted by the institute.
- The course fee of IPMAX for the academic year 2020-21 is INR 23,50,000.
Infrastructure:
The Noida campus has excellent faculty and good infrastructure. With a diverse pool of students, the IIML IPMX program provides an excellent peer-learning process. The IPMAX program currently has an alumni base of over 500.
Placement:
In 2019, IPMAX students witnessed almost 100% placement. The average CTC was around 20 LPA and the median CTC was 18 LPA.
What is the USP of IIM Lucknow?
The curriculum that students will follow will be IIM Lucknow's USP.
The time spent on campus at IIM Lucknow, including academics, committees, extracurriculars, and, of course, friends and parties, is one of the most hectic periods a student can experience in the country. At IIML, you work six days a week and have projects, assignments, and exams on Sundays. So you have almost no weekends. It's the equivalent of working three months straight to earn seven days off (term break). The combination of summer heat and winter cold will give you goosebumps.
But, once again, this is what distinguishes the students. They are prepared to thrive and excel in even the most difficult environments.
Does IIM Lucknow also use Harvard case studies like IIMA?
IIM Lucknow programs emphasize extensive case-based discussions, presentations, and role-plays to initiate an interactive learning environment. So, professors use cases from all B-schools across the world.
- Professors use cases from HBR, Ivey League, Stanford, IIM Ahmedabad, Kellogg’s, Wall Street Journal, and by IIM-L professors and students.
- In this premier B-school of India, almost all the subjects use case-study pedagogy. Even the oral communication subjects use cases to give a glimpse of real-time situations.
- The cases are important, but the level of the discussion carried out in the classroom plays a more predominant role. So, in all such analyses, the students are expected to read the case beforehand and prepare their participation notes. It is major for an extensive discussion.
- Some classes involve cases only. But sometimes, some use cases for discussion purposes only.
All the case studies are available on the website of HBS and can be purchased. But it will not add any value to the students until debated in the classroom with experienced professors and diverse opinions of the students. The ultimate motto is to use the best cases to preview the real-life application. Harvard cases are considered to be one of the best management cases in the world.
Between IIM Indore and IIM Lucknow, which is best? Which one should I choose for finance?
For Finance, IIM Lucknow will be better. It is older than IIM Indore and offers better career outcomes in the Finance domain.
Reputed consulting companies, Investment banks, and big banks visit IIM Lucknow placements frequently. The job roles offered are similar to that of IIM ABC. During the 2022 placement drive, the average CTC offered in the finance domain was INR 53.34 LPA and the mean salary was INR 32.21 LPA.
IIM Lucknow has more diversified class profile. There’s a good number of Economics majors and CAs in each batch.
What was the waitlist movement at IIM Lucknow last year?
Every year, the movement of the IIM waitlists causes a commotion among students who have applied for admission to the IIMs. There are approximately 4000 seats available across the 20 IIMs. Another group of chosen candidates is kept in line after the initial list of chosen candidates is released publicly in case any candidate decides not to take a seat. The waitlist movement in IIMs and a few top MBA schools varies by category. The general category is extremely stringent, whereas the SC, ST, OBC, and PwD categories have some leeway.
The waitlist is kept confidential at IIM Lucknow. The merit list is instead released to the public. To secure a spot on the merit list, a student must meet the minimum requirement of 12 out of 40 in the PI round.
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