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What advice would you give to someone joining IIM Lucknow?

RR
Radhika Roy Posted On : February 22nd, 2021
MBA in Marketing & Operations Management, Indian Institute of Management Lucknow (2018)

One of my friends joined IIM Lucknow and this answer will be based only on his experience and the advice he had received from his seniors. It may differ from now because his experience was 3 to 4 years ago.

Below are the pieces of advice that my friend’s batch received from their seniors:

Clothes:

  • At least one business suit is a must-have. Girls can wear a saree instead but it is not usually seen. You will also need to pack business formals with you (full-sleeved-shirts and trousers for boys and similar for girls as well).
  • You can wear anything that you would like to. However, it also depends on the professor in class and sometimes in the library. 
  • Summers are scorching and winters, very cold. You will have to decide whether you bring clothes for all the seasons at once or visit home during the first term break before winter starts.

Stationery and Computing

  • Notebooks, registers, and pens are available on campus. 
  • A tiny part of students bring their own printers but, you can always create an account at the computer centre paying Rs 1000 and recharging at Rs 500 for printing purposes.
  • It is better to buy laptops from anywhere you would like but not from the campus because the bulk deals on campus bring great laptops but provide minimal discounts. 
  • There is no facility for personal Wi-Fi routers.

Documents

  • Carry all the documents that you have got- records, mark sheets, certificates everything. 
  • Summer placement will be round the corner, and since you may not have enough time to do anything at IIML, your previous documents will be really helpful.
  • All the claims on your CV will be cross-verified. So, carrying supporting documents is equally important. 
  • In case, you have lost the documents, an email from the responsible authority will do.

Hobbies and Entertainment

  • There are many good cinema halls and eateries in the city for your entertainment purpose. 
  • You definitely will be able to make time for your hobbies. 
  • Different kinds of workshops are also held such as Salsa Lessons, Guitar lessons, French lessons, etc.

You will learn a lot from your seniors once you are at the campus. I hope you will come out better as a person.

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What are the best courses to take in IIM Lucknow?

AM
Amit Mourya Posted On : February 2nd, 2021
MBA from Indian Institute of Management Lucknow (2019)

There are several excellent courses to be chosen to take in IIM Lucknow. Here is a list of some of the preferred choices.

  • Marketing-- Consumer Behaviour – Taken by Professor Dash.
    Professor Dash has his own eccentricities. Even after leaving that aside, just doing a proper pre-read and being attentive in the class, students can gain a tremendous amount of knowledge. It is heard that AMR is even better.
  • Strategy—Strategic Alliances – Taken by Professor Amita Mittal.
    Professor Amita Mittal is patient, has her own wit, and explains each strategy concept carefully. She elaborates theory concepts with real-life examples, and this keeps her audience engaged to listen. She is known to deliver excellent pre-reads.
  • Decision Science—Game Theory Application—taken by Yogesh Kumar Agarwal. He is very popular among students. 

These are some of the personal choices. There are several other professors who deliver excellent lectures and are equally reputed among students.

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Which IIM should I join, IIM Indore or IIM Lucknow? I want to study finance.

MR
Meena Rathi Posted On : August 14th, 2020
M.B.A from Indian Institute of Management Lucknow (2019)

Both the institutes provide almost the same learning experience and are considered to be one of the best B-Schools to join in India. But IIM Lucknow has some advantages over IIM Indore.

  • At IIM Lucknow students receive more consulting and finance based job roles. Companies like Citi, JP Morgan, Morgan Stanley, Black Rock, Avendus, Arga Investments, Investec offer front end roles for the students. Additionally, there are many Corporate Finance roles offered by banks such as Yes, HDFC, ICICI, etc.

  • As the batch size is smaller in IIM Lucknow which in turn makes the learning experience better as the faculty can interact with more students and clear any doubts that one may have.

  • According to the NIRF Rankings 2020, IIML stands at 4th position while IIMI stands at 7th in India among the management institutes.

  • IIM Lucknow has a strong research base compared to IIM Indore, which helps students to find opportunities to work in live projects and pursue their own research as well. IIM Lucknow has 117 published conference papers over the years while IIM Indore has 98 FPM theses. Both the institutes provide support for students to pursue new research.

  • One other important factor is the alumni base. IIM Lucknow has a larger well-developed alumni network compared to IIM Indore which helps in the placements.

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What are the top consults that visit IIM Lucknow? What are the numbers of hires per top consulting firm at IIM Lucknow?

SP
Saheli Palit Posted On : February 22nd, 2021
Ph.D in Finance, Accounting, Economics, Indian Institute of Management Lucknow (Expected 2022)

Instead of going with the conventional approach, let us approach this question differently. This will still be accurate and provide the correct assumptions and statistics as the question demands.

There are 20 IIMs in total and even if all of these institutions have been selecting students for their upcoming batch, the status quo is not more than one-third of the students of a batch of any IIM including IIM Ahmedabad and IIM Bangalore. This is because of factors such as a student’s attitude, previous work experience, and not because of any supply-demand constraints. It is also to be noted that none of the IIMs selects a candidate below 96%ile in CAT.

Out of the total students in a batch at IIM Lucknow, around 150 are fit for consulting roles. Similarly, 100 may be perfect for sales roles and not marketing or any finance roles. Now as we know that 150 students are available for consulting companies, all of these 150 students are made offers by consulting companies visiting the campus and none of the offers gets rejected.

If the richer Investment Banking companies visit the campus, the students will get divided by their preferences as to where to go. But, it was only in the 1990s when Nomura visited the campus of IIM Lucknow making an offer for its global business.

The list of consulting companies visiting IIM Lucknow is as follows: Bain, ATK, BCG, Accenture, McKinsey, Cognizant, HCL, KPMG, E&Y, etc.

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How do I get transcripts from IIM Lucknow?

NC
Nishant Chhabra Posted On : February 3rd, 2021
PGDM from Indian Institute of Management Lucknow (2010)

A friend of mine recently got her duplicate mark sheets/transcripts issued from IIM Lucknow. There's a simple way which you can also follow and get single or multiple sets of transcripts as per your need and requirement. 

  • First, you need to scan the same mark sheets for which you need transcripts and there are multiple ways of paying the charges which is INR 500/- per set which depends on how many sets of transcripts you want.
  • You can simply make a DD in favor of “IIM Lucknow” which is payable at Lucknow only and can send it to ‘PGP Office, Indian Institute of Management, Prabandh Nagar, IIM Road, Lucknow-226 013’ along with the scanned copies of your grade sheets in sets.
  • After receiving your application, the transcripts will be sent to you in separately sealed multiple envelopes arranged in sets on the same postal address mentioned by you (India Only). For any clarification or any additional information, you can simply contact the PGP office for the same.
  • Don't forget to mention your postal address as the transcripts will be delivered to the same address.

In case you want to transfer the charges online then you can send it through NEFT on the band details as shown below:

Bank name

HDFC Bank Ltd.

Account Name

Indian Institute of Management, Lucknow

A/c No

07231450000294

IFSC CODE

HDFC0000723

Address

Aminabad Lucknow

For reference, you can also provide screenshots of transferred funds along with the date to help track your payment with ease.

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Which previous years did IIM Lucknow conduct the CAT, and what should be the strategy to write the CAT when IIM Lucknow is conducting it?

AS
Ayushi Srivastav Posted On : September 19th, 2022
Studied at Indian Institute of Management Raipur

IIM Lucknow conducted the 2017 CAT after 7 years. The institute is known to be quant-oriented. The quant section is generally most difficult on years, IIM Lucknow set the question paper. But an overall balance is maintained in terms of difficulty. If the quant section is difficult, the other section will be comparably easy. 

It is natural for B-Schools to stick to their forte. But that does not mean you need to change your preparation strategy. Rather than trying anything new, you should try to strengthen your skills. 

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What are the academic requirements to get into IIM Indore and IIM Lucknow?

A
Ajay Posted On : February 2nd, 2021
MBA from Indian Institute of Management Kashipur

On the basis of your CAT score, gender, academic, and work profile the institutes shortlist you and give out calls to attend their interview process. On the basis of your combined performance score in the interview and your overall profile, you’ll be granted admission.

IIM Lucknow:

IIM Lucknow has more weightage to the CAT scores in the shortlisting criteria for the interview process. After the interview, the following weightage is followed for the admission process of the institute. IIM Lucknow gives more weightage to the previous academics in the final selection thus is much important to a fresher.

Component

Weightage

CAT

30

Academic Performance

5+5

Diversity Factor

5

Work Experience

5

WAT

10

PI

40

Final Score

100

IIM Indore:

IIM Indore gives the least importance to CAT score and considers academic scores heavily for shortlisting the students for interview calls. Students shortlisted for the interview process need to undertake an aptitude test, Written ability Test, and interview based on which the total composite score is calculated for the final selection.

Component

Weightage

Aptitude Test Score

50

Personal Interview (PI)

35

Written ability Test (WAT)

15

Total

100

There are no specific academic requirements as such to get into IIM Indore and IIM Lucknow. You need to have a minimum percentage of marks mentioned by institutes in your graduation program and can give CAT to apply for the colleges.

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What percentile should I score in CAT (GEM) to have a fair chance for IIM ABCLKIS, MDI, FMS, SPJIMR, and NITIE provided I have 95% in both 10th, 12th and 8.7 CGPA in BTech (fresher)?

YA
Yash Arora Posted On : March 13th, 2023
M.B.A from Management Development Institute, Gurgaon (Graduated 2022)

To increase your chances of getting a call from different MBA colleges, it's important to know their criteria for selection.

  • IIM Indore focuses primarily on academic scores.
  • MDI doesn't consider academic scores but may grill candidates for low scores.
  • Bangalore looks for both academics and work experience.
  • Calcutta typically gives out calls to candidates with very high percentiles.
  • Ahmedabad looks for academic diversity.
  • SPJIMR considers your overall profile and academics.
  • Kozhikode focuses on gender diversity and requires a very high percentile score.
  • Shillong and NITIE typically call candidates with scores around 97, but NITIE has a higher cutoff for VARC.
  • For Bangalore, a fresher may need a score of around 99.8-99.9, and with work experience, a score of around 98.8 may suffice.
  • For Kozhikode, aim for a percentile score of 99.9 or above.
  • FMS typically calls candidates with a score of 99.3 but aims for a score of 99.6 to increase conversion chances.

To increase your chances of getting a call, aim for a high percentile score. 

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What should I choose between SPJIMR Finance and IIM Lucknow, having converted both?

DP
Dipanwita Paik Posted On : March 13th, 2023
PGP from Indian Institute of Management Lucknow (Graduated 2018)

If you are deciding between IIM Lucknow and SPJIMR for Finance, it is important to weigh your options. Here is what you need to know about IIM Lucknow's Finance faculty and placements:

  • Placements: IIM Lucknow Finance placements have been doing well, with a good number of front-end roles coming to the campus. The highest salary for Finance stood at INR 53.34 LPA and the Mean salary at INR 32.21 LPA. Some of the companies that recruited from IIM Lucknow for Finance roles include JP Morgan, Citibank, Morgan Stanley, Black Rock, Kotak, Investec, Avendus, Arga Investments, Spark Capital, Ernst & Young IBD group, Piramal Group (Capital Markets), Deutsche Bank, Bank of America Merrill Lynch, Citibank, Goldman Sachs, Nomura, Standard Chartered, and HSBC.
  • Front-end roles: Many companies offer front-end roles at IIM Lucknow, including JP Morgan, Citibank, Morgan Stanley, Black Rock, Kotak, Investec, Avendus, Arga Investments, Spark Capital, Ernst & Young IBD group, Piramal Group (Capital Markets), and foreign markets desks based out of India like Deutsche Bank, Bank of America Merrill Lynch, Citibank, Goldman Sachs, Nomura, Standard Chartered, and HSBC.
  • Learning and Faculty: The Institute offers a good number of electives in Finance ranging from subjects like Investor Psychology, Quantitative applications in finance, Project Finance, Corporate Banking & Risk Management, etc. The faculty is able to provide exposure through guest lectures and industry workshops.

On the other hand, SPJIMR may not have as many big-name companies visiting for Finance roles compared to IIM Lucknow. From what has been reported in the media, some notable names missing at SPJIMR during the past 2 years include Citibank (front-end markets role), JP Morgan (front-end markets role), Nomura, Deutsche Bank, and Bank of America Merrill Lynch. However, Barclays visited SPJIMR but not IIM Lucknow in the last 2 years.

When choosing between the two institutes, it is important to consider your personal goals and interests. Do your research and decide which institute aligns better with your career aspirations.

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Are the job profiles offered at MDI Gurgaon on par with IIMs like LIK, not ABC? How much effort does one have to put into his future to get on par with the IIM graduates if one graduate from there?

AR
Aditi Rajotia Posted On : March 7th, 2023
Studied at Management Development Institute, Gurgaon

IIML is clearly superior to MDI in non-marketing specializations in terms of placement. However, IIM I, K, and MDI are generally equal in terms of placements, except for a few banks that specifically seek out the IIM tag at I&K. If you work equally hard at either campus and all other operational factors are constant, you will likely end up in a similar position whether you choose MDI or I or K. However, as mentioned before, IIML still has the edge and requires more effort if you're in the finance or consulting field.

If you're interested in MDI, it's worth noting that recent placement reports show more and more prestigious finance and consulting companies are visiting the campus. This has helped MDI deliver well-rounded placements. So, if you're willing to put in the work, MDI could be a good option for you.

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