International Programme in Management for Executives [IPMX] (Part Time) From IIM Lucknow, Lucknow
| Total Fees | ₹26.25 Lakhs |
IIM Lucknow International Programme in Management for Executives [IPMX] Ranking
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Course Details
IIM Lucknow offers International Program in Management for Executives or IPMX (One-year MBA) Program. Candidates must have a valid GMAT / GRE Scores with a Bachelor’s Degree and 5 Years of Work Experience. IIM Lucknow IPMX fees is INR 26,25,000.
Table of Content
IIM Lucknow IPMX Important Dates 2024
| Event | Phase 1 Dates | Phase 2 Dates |
|---|---|---|
| Announcement of Program | August 16, 2023 | November 1, 2023 |
| Last Date of Submission of Completed Application | October 31, 2023 | December 31, 2023 |
| Announcement of Shortlisted Candidates | November 15, 2023 | January 12, 2024 |
| Writing Ability Tests and Personal Interviews | December 1 - 7, 2023 | January 27 - 31, 2024 |
| Announcement of Selected Candidates | December 20, 2023 | February 15, 2024 |
| Last Date of Acceptance and Submission of Acceptance Fee | January 20, 2024 | March 15, 2024 |
| Commencement of Program | April 2024 | April 2024 |
IIM Lucknow IPMX Selection Criteria
- Executives with Bachelor’s degree in any discipline or an equivalent academic pursuit, with a minimum of 50% marks or equivalent CGPA
- Minimum 5 Years of Full-time Work Experience.
- A Valid GMAT / GRE Entrance Exam Score.
IIM Lucknow IPMX Admission Process
- Based on GMAT / GRE scores, Candidates are shortlisted for Writing Ability Test (WAT) and Personal Interview (PI).
- Candidates are required to appear for WAT & PI for Final Selection.
- Final Selection is based on Candidate’s Overall Performance in WAT & PI, Entrance Exam Scores and Academic & Professional Profile.
Final Score is calculated based on the following factors:
| Components | Weightage |
|---|---|
| GMAT / GRE Score | 30% |
| Academic and Professional Profile | 30% |
| Writing Ability Test (WAT) | 10% |
| Personal Interview | 30% |
Read IIM Lucknow IPMX WAT PI Tips
IIM Lucknow IPMX Admission: How to Apply?
Application forms for IIM Lucknow IPMX Program can be filled out online on the official website of IIM Lucknow. To fill the application form, check the steps below:
- Click on Apply Online.
- Fill all the details and provide GMAT / GRE Scores.
- You may like to "Preview" the Application very carefully once it is Completed before Submitting it.
- Once you click on the 'SUBMIT' button at the end of the form, you will not be allowed to change the form.
- Pay the amount of INR 5000/- (Non-refundable) towards Application Fees to complete the application process.
IIM Lucknow IPMX Placements
| Particulars | 2022 |
|---|---|
| Number of Recruiters | 80+ |
| Number of Students | 108 |
| Average CTC | INR 24.66 LPA |
| Median CTC | INR 24 LPA |
Read More IIM Lucknow Placements
IIM Lucknow IPMX FAQs
Ques. Does the IPMX program hold the same value as a regular MBA program from IIM Lucknow?
Ans. The IPMX program from IIM Lucknow is only for experienced professionals with more than five years of Work experience, we really can't compare these two as they are very different from each other, both of these programs are for different students.
Ques. Can I apply for the IPMX program if I have an experience of 4 years?
Ans. No, the minimum eligibility experience required to apply for the IPMX program at IIM Lucknow is 5 years.
Ques. Are the placements good for the IPMX program at IIM Lucknow?
Ans. Yes, the placements are good for the IPMX programs at all the top IIMs, including IIM Lucknow.
Ques. What is the average work experience of students at IIM Lucknow?
Ans. The average work experience for the 12th batch was 8.3 years.
Ques. What was the average GMAT score of the students at IIM Lucknow?
Ans. The average GMAT score of the 12th batch at IIM Lucknow was 710.
International Programme in Management for Executives [IPMX] Comparison
| IIM Lucknow | |
|---|---|
| Reviews Rating | |
| Cost To Study | Total Fees ₹2625000 (1 Year ) |
| Ranking | # Ranked 4/272 by India Today Management Ranks |
| Highest Salary | ₹10000000 |
| Average Salary | ₹3223000 |
| General Course Details | Duration - 1 Year Course Offered - Part Time Mode - Part Time Degree Type - Distance Course Level - Post Graduation Course Credential - Degree |
| Eligibility | Graduation with 50% + GMAT/GRE |
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IIM Lucknow: 3 Answered Questions
View AllWhich executive MBA course is better between IIM Indore's EPGP and IIM Lucknow's IPMX?
Compared to IIM Lucknow’s IPMX, IIM Indore’s EPGP will be a better option.
Small Cohort Size:
IIM Indore has a small cohort size. So, the professor-to-student ratio is higher.
Location:
IIM Indore IPMX program takes place on the Noida campus. The environment on campus is ideal for studies and it also has the advantage of being close to the industries in the Delhi NCR region.
Placement:
IIM Indore Executive MBA placements 2022 had witnessed an all-time high average placement package. The average CTC for the top 25% of the EPGP students was INR 35.5 LPA. While the top 50% of students received an average CTC of INR 30.6 LPA.
Batch Size:
IIM Indore 2021 EPGP batch had 68 students. Students had work experiences in the range of 5-15 years. The students crowd is diverse and there is huge potential for peer learning.
Due to these factors, EPGP from IIM Indore will be a better option.
What are the best one year full-time executive MBA courses in India? Can anyone who has done the IPMX course at IIM Lucknow share their experience?
There are mainly 3 MBA programs in India:
- Two Year Program in Management- Aimed at people with less than 2 years of experience
- One Year Program in Management- Aimed at people with 2-15 years of experience
- Part Time Program in Management- Aimed at working professionals
Before we dwell on the best one-year full-time executive MBA courses in India, let’s understand what exactly a one year program is.
The 1-year-program gained fame in India after the success of ISB in the early 2000s. IIMs and other institutes initiated the same and have been offering the 1-year program since late 2000s. This program mainly offers high-quality education for experienced professionals. Some best programs offered in India are
- ISB- PGP (Post Graduate Program)
- IIM Ahmedabad- PGPX (Post Graduate Program for Executives)
- IIM Bangalore- EPGP (Executive Post Graduate Program)
- IIM Kolkata- PGPeX (Post Graduate Program for Executives)
- IIM Lucknow- IPMX (International Program in Management for Executives)
The admissions happen on the basis of GMAT, Essays, and Interviews. It is primarily meant for people with several years of experience but who want to upgrade their managerial skills.
The best part is that the 1-year-program is equivalent to an MBA internationally. Infact, major international rankings such as Financial Times consider the 1-year program. So the 1-year program at the top B-Schools in India will give you a similar experience academically.
As far as the IPMX course is concerned, it is not an Executive MBA.
How was your IIM Lucknow interview and what is your experience with IPMX?
IIM Lucknow Interview Experience is provided here.
- Profile-related inquiries
- Questions about current events and economics (GDP of India, Sectors of economy, etc.)
- Questions about basic financial statements ( What is a balance sheet, how is it different from than income statement, etc.)
- 12th-grade Mathematics.
- General Understanding and Knowledge as well as Social Awareness (MP & MLA of your constituency, Speaker of Lok Sabha, MP of Lucknow, etc.)
IPMX Experience:
IPMX is held at IIM Lucknow's Noida campus. The Noida campus is smaller in size than the Lucknow campus. However, it has all of the necessary amenities. IPMX's pedagogy and curriculum are excellent. However, the first few months will be extremely difficult. Each class would feel like it was a barrage of new ideas. Sleep hours would suffer in the early days. Assignments and quizzes become a regular part of one's day. Students become immune to the stress of quizzes/assignments by the third term. There is something new to learn every day.
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