Is it worth it to spend 15-16 lacs for an MBA from IIM Lucknow?

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Ayushi Sehgal Posted On - Mar 2, 2024

The total cost to study PGP at IIM Lucknow is around 20.75 Lakhs at present. IIM Lucknow is one of the top preferences of MBA aspirants in India.

Its ROI is quite good because of excellent placements. It offers tremendous opportunities in various domains. Almost all the top companies visit the IIML campus each year to hire candidates. Its curriculum and faculty are both top notch, and its diverse batch means good peer learning. 

Though IIMs are heavy on the pocket, their excellent ROI and high academic standards make their fees totally worth it.

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Sudesna Banerjee Posted On - May 16, 2022
M.B.A.(IB) from Indian Institute of Foreign Trade (2020)

Yes, spending around 15-16 lakhs for an MBA from IIM Lucknow is worth the investment. It has a good brand value and consistently ranks among the top B-Schools in the country. 

  • IIM Lucknow placements have been great over the years. According to the placement highlights of 2022 the average CTC received by the students was INR 30 LPA. As the course fee is INR 19.20 Lakhs, the ROI is pretty good. 
  • IIM Lucknow has an excellent faculty base. 
  • It follows a curriculum that incorporates the latest industry trends. 

Other than these, the peer learning opportunities, exposure offered and the well-developed alumni base make IIM Lucknow a good option for an MBA. 

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Madhulika Guha Posted On - Feb 19, 2022
MBA(IB) from Indian Institute of Foreign Trade (2022)

IIM Lucknow is one of the most reputed B-schools in India. It is one of the most preferred campuses among MBA aspirants. 

  • IIM Lucknow has an excellent placement record. It offers good ROI to students. Since the average CTC offered is around 26 LPA (according to the placement stats of 2021).
  • You will get placement opportunities from various sectors. Most major recruiters and MNCs from different domains visit the campus placements.
  • The peer learning opportunities are great, owing to the diverse student crowd. 
  • It has one of the best course structures and faculty bases in the nation. 

So, spending 15-16 lakhs to pursue an MBA from the institute will be worth it.

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Radhika Mittal Posted On - Feb 3, 2021
M.B.A.(IB) from Indian Institute of Foreign Trade (2022)

When it comes to spending 15-16 lacs for an MBA from IIM Lucknow then it is totally worth it because of so many different reasons. First of all the reputation and brand name makes IIM Lucknow the top B-School and as per its brand image, it delivers the same as well. To clarify more, there are some points mentioned below for your reference.

Placements: 

  • Almost all students get job placements every year in IIM Lucknow from top companies around the globe. 
  • All these companies offer an average package of 15-16 lacs and above. 
  • Diverse job roles are offered to the students which result in multiple opportunities.
  • Some of the top recruiting companies include Walmart, Accenture, Amazon, Zomato, ICICI Bank, E&Y, Deloitte, Bajaj, Morgan Stanley, Tolaram, JP Morgan Chase, Barclays, KPMG, etc. 

Curriculum & Faculty:

  • IIM Lucknow has the best faculty which includes top qualified professionals and superior degree holders from different premium institutes around the globe. The teachers help students in every possible way and mentor them throughout the completion of their respective degree programs. 
  • Furthermore, the curriculum is designed in such a way that helps fresher and experienced students to face real-life challenges.

Here is some information about IIM Lucknow: 

Fees

Rs. 16 LPA

Average salary

Rs. 23 LPA

Highest salary

Rs. 54 LPA

NIRF Ranking

#4

So in every aspect, it is all worth spending 15-16 lacs for an MBA from IIM Lucknow as students can easily cover their fees in the first year itself after getting the placement. So if you’re planning to get admission to IIM Lucknow then just go for it as it will become one of the best decisions of your life.

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