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What exactly will I miss out on if I do my MBA from IIM Lucknow instead of IIM A/B/C?

AT
Akshana Tiwari Posted On : February 2nd, 2021
Studied at Indian Institute of Management Lucknow

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.

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What is the CAT cutoff for IIM Lucknow with experience of one year?

AJ
Anish Jiswal Posted On : August 19th, 2020
Studied at Indian Institute of Management Raipur (2019)

A two-stage selection process is followed by the Indian Institute of Management Lucknow for admissions to the PGP, PGP SM and PGP ABM batch. Stage 1 involves shortlisting for the Personal Interview (PI) and the Written Ability Test (WAT) through CAT exam. The candidates who match the cutoff criteria in the written CAT exam are made eligible to apply for admission in the PGP, PGP SM and PGP ABM batch.

Tabulated below is the minimum marks required to be eligible for admission in IIM Lucknow:

Categories

Verbal Ability and Reading Comprehension

Data Interpretation and Logical Reasoning

Quantitative Aptitude

Overall Percentile

General

85

85

85

90

NC-OBC

77

77

77

82

SC

55

55

55

70

ST/PwD

50

50

50

65

However, all of this is the minimum criteria to apply; you will only be receiving calls from IIM Lucknow if your CAT percentile is at least at 98.2 percentile. The higher your score goes beyond this percentile the higher are your chances of converting IIM Lucknow. After PI and WAT takes place which is based on various criteria like the scaled CAT score, the Class 12 and Graduation marks, diversity factors based on gender and fields and the work experience of the candidates, the final score will be calculated taking PI and WAT into consideration on the basis of which admission will be given to candidates.

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How do you rate IIML compared with the IIMs at ABC? Is IIM Lucknow as good as the top IIMs at ABC?

KS
Khalid Sinha Posted On : August 5th, 2022
MBA Finance & Economics, Indian Institute of Management Lucknow

The hierarchy of these B-Schools is - IIM A>B=C>L, for most aspirants. The majority of students appearing in CAT, target IIMA. Students interested in Consulting usually opt for IIM Bangalore. IIM B offers better job packages for consulting profiles. IIM C is known as the Finance campus of the country. It has triple accreditation(AACSB, AMBA, and EQUIS) and witnesses a huge number of finance job profiles. 

IIM Lucknow is known for Marketing. It offers excellent placements in this domain. Around 32% of students got internships in the sales and marketing profiles during IIM Lucknow placements in 2022. The institute has been offering good placement and opportunities for Consulting as well. For this year's placements, the highest CTC offered from Consulting sector was INR 45 LPA. 

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How was your interview experience at IIM Lucknow?

SM
Siddant Mishra Posted On : April 28th, 2022
MBA from Indian Institute of Management Calcutta (2022)

Due to the Covid19 situation, IIM Lucknow is taking interviews online. The interview takes around 15-20 minutes and there will be two panelists. 

Interview starts with an introduction. They will ask you about your academic background, any job experience that you have, etc. To prepare for the interview go through your profile thoroughly. There will be questions based on your profile. 

There will be general questions like ‘Why MBA?’, “Why IIM Lucknow?’, “What other calls do you have?’, ‘Any particular specializations you are interested in?’, etc. You can expect questions from current affairs as well. 

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Which one is better: IIM Indore or IIM Lucknow?

AY
Amit Yadav Posted On : June 6th, 2022
PGP from Indian Institute of Management Lucknow (2021)

IIM Lucknow has better ranking and placements compared to IIM Indore. 

  • It is an older IIM and has a huge alumni base spread across industries and geographies. Hence it has better recognition in the industry. 
  • IIM Lucknow has a smaller batch size compared to IIM Indore. Due to the small batch size, it’s easier for the institute to offer better salary packages and profiles to students. 
  • IIM Lucknow placements are better compared to IIM Indore. The 2022 placement drive of IIM I ended with an average CTC of INR 31 LPA. While the highest CTC offered was INR 61 LPA. 

Both IIMs offer similar ROI. 

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What is the average salary of IIM Lucknow?

SD
Sreyashi Das Posted On : August 31st, 2020
MBA in Finance & Marketing, Indian Institute of Management Lucknow (Graduated 2014)

IIM Lucknow has wrapped up their final placement for the 2018-20 academic year with 100% placement rate. According to the batch profile for placement, 443 students received a total of 447 offers.

Amazon, Accenture, BCG, and Deloitte were the firms meeting the maximum no. of offers. The other top recruiters were Bain and Co, McKinsey & Co, Kearney, KPMG, GEP.

The CTC details of the institute are given below in the table.

Particulars

CTC (INR LPA)

Highest International Salary

58.47

Highest Domestic Salary

54.00

Mean Salary

24.25

Median Salary

23.00

Mean Salary (International Roles)

23.94

Median Salary (International Roles)

23.00

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Why is IIM Lucknow so secretive about placement statistics, unlike other IIMs?

SS
Shivam Sukla Posted On : February 2nd, 2021
Studied at Indian Institute of Management Lucknow

Unlike IIM A who reports the placement correctly and follows IPRS, every other IIM doesn’t do the same. But this secretive nature of IIM Lucknow does not conclude that it has a bad or average placement. There are few factors regarding this clause, and some of them are listed below.

  • The placement of IIM Lucknow is quite good. But, there are cases of mentioning increased and inflated figures in data, and average salaries are used instead of median salaries.
  • According to the newspapers, most of them get huge salary packages, which is not exactly true. 80% of the entire batch get good salary packages, while the bottom 20% struggle to get decent packages. This is the case across many B schools in India.
  • There are several factors that matter in placement, which include the number of recruiters visiting the campus, the number of big brands and new brands, the average salary of top 100-200 students, etc.

So, no detailed reports are provided from IIM Lucknow regarding their placement. Detailed information is usually received from insiders like alumni and professors, without disclosure in identity.

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Who are the best faculty of IIM Lucknow?

KJ
Kotesh Jangam Posted On : February 2nd, 2021
M.B.A Marketing & Business Strategy, Indian Institute of Management Lucknow (2016)

Yes, a student can easily find the best faculty of IIM Lucknow.

One of my cousin brothers had an MBA from IIM Lucknow and he always told me that IIM Lucknow literally has good faculty members. They have immense knowledge in their respective fields. So there is no doubt regarding the faculty of IIM Lucknow.

He always mentioned the name of Mr Rajeev Kumra. He is the marketing professor at IIM Lucknow. He normally teaches all the important aspects of marketing. He has a huge industry experience; thus, easily relates the marketing concepts with the real-time industry exposure. Making him the best faculty in the IIM Lucknow, as well as the industry.

Another important thing is that he had won the best faculty award for the consecutive past four years in the IIM Lucknow. He is a very modest person than the other faculty members of this institute.

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What is the salary of IIM Lucknow passouts?

MS
Maher Singhal Posted On : July 9th, 2022
M.B.A from Indian Institute of Management Lucknow (2018)

IIM Lucknow placements 2022 ended with an average CTC of INR 31.03 LPA. Here are the highlights of the salary package information. 

Parameters Placement Statistics (2019-21) Placement Statistics (2020-2022)
Median CTC  INR 23.5 LPA INR 29 LPA
Highest Domestic CTC  INR 51 LPA INR 58 LPA
Highest International CTC  INR 56 LPA  INR 61.59 LPA

Adobe, Myntra, IBM, Puma, etc. are some of the major recruiters that visit the campus placements frequently. 

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How is IIM Kozhikode in comparison to IIM Lucknow?

AS
Amit Sinha Posted On : August 14th, 2020
MBA from IIM Indore (2019)

Both have the branding of IIM and there isn’t much to distinguish between them apart from the notable alumni network which Lucknow boasts of along with excellent academic grooming.

The table mentioned below gives a brief comparison of both institutes:

IIM-L

IIM-K

ESTABLISHED

1984

1996

FEES (PGP)

11.76 lacs

18 lacs

NIRF RANKING

4

6

BATCH SIZE

400-450

300-350

STUDENT: FACULTY RATIO

1:7

1:6

ADMISSION

CAT, GMAT, GRE

AVERAGE PACKAGE

24.25 LPA

20LPA

CORE COURSES OFFERED

  • Accounting

  • HRM

  • Operation Management

  • Legal Management

  • Communication

  • Design Science

  • Marketing

  • Business Environment

  • IT & Systems

  • Economics

  • Humanities and Liberal Arts

  • Finance and Accounting

  • Marketing Management

  • Quant Methods and Operation Management

  • Organisational Behaviour and HRM

  • IT & Systems

  • Strategic Management

IIM Lucknow implements a unique rigorous, case-based curriculum wherein the students develop excellent knowledge of concepts and strong fundamentals. A 12-week compulsory summer training programme provides industry exposure and enhances employability. Key highlights of the placement session are:

  • 120+ recruiters took part in the hiring process placing 400+ offers

  • Highest CTC on offer was 58.5 LPA

  • Accenture, Amazon, ONGC, Goldman Sachs, Uber, Axis Bank were the major recruiters

  • Average placement rate of almost 100%

Tabulated below are the placement statistics of both IIMs as per each domain:

DOMAINS

IIM-L

IIM-K

CONSULTING

32%

30%

IT AND OPERATIONS

24%

22%

SALES AND MARKETING

12%

17%

FINANCE

19%

21%

GENERAL MANAGEMENT

13%

10%

IIM Kozhikode is one of the most reputed institutes for Business Management in the country and is known to have the finest faculty profile in this sector. It has adopted an analytical approach to its teaching system. The institute organizes an 8-10 weeks of training period in business and industrial organizations making students industry ready. Salient features of the last placement session are:

  • Highest CTC offered was 40.50 LPA

  • 107 recruiters offered 390 roles

  • BCG, Mckinsey, Mahindra, Birla Group, ITC, Hindustan Unilever were the top recruiters

  • Average placement percentage over 85%

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