IIM Lucknow: Fees| Placements| Eligibility | Campus & Overview

Appearing for CAT 2024 and want to know more about the best management institute, this article is the correct guide to your dream Institute.
IIM Lucknow: Fees| Placements| Eligibility | Campus

The Indian Institute of Management Lucknow, widely known as IIM Lucknow, is one of India’s premier management institutes. Established in 1984, it was the fourth IIM to be set up by the Government of India and has since grown into a top business school recognized globally. Known for its academic rigor, state-of-the-art facilities, and strong industry connections, IIM Lucknow is a hub for aspiring business leaders who seek to excel in the field of management.

Why choose IIM Lucknow?

When it comes to choosing a business school, IIM Lucknow offers several compelling advantages: 
  • Academic Excellence: IIM Lucknow is renowned for its high academic standards, offering a curriculum that is both comprehensive and cutting-edge.
  • Experienced Faculty: The institute is home to a distinguished faculty comprising academicians, researchers, and industry veterans who bring valuable real-world insights to the classroom.
  • Global Recognition: Consistently ranked among the top business schools in India, IIM Lucknow enjoys a strong global reputation.
  • Holistic Development: Beyond academics, IIM Lucknow focuses on the overall development of its students, offering a range of extracurricular activities, leadership opportunities, and community engagement.

When was IIM Lucknow established?

IIM Lucknow was established with the mission to be a center of excellence in management education, research, and consultancy. Over the years, it has built a legacy of producing business leaders who have made significant contributions across various sectors. The institute has expanded its academic offerings and infrastructure, including the establishment of its Noida campus, which focuses on executive education and industry interface.

Overview of IIM Lucknow’s Campus and Facilities

IIM Lucknow’s main campus is located in Prabodh Nagar, about 21 km from Lucknow city. Spread over 200 acres, the campus is known for its lush greenery, modern architecture, and world-class facilities. 

Key features of IIM Lucknow:

Academic Blocks: Equipped with smart classrooms, seminar halls, and auditoriums, designed to enhance the learning experience.

Library: The Gyanodaya library is one of the largest management libraries in India, offering a vast collection of books, journals, and digital resources.

Hostel Facilities: IIM Lucknow provides comfortable on-campus accommodation with modern amenities, including Wi-Fi, laundry services, and recreational area.

Sports and Recreation: The campus has extensive sports facilities, including a gymnasium, basketball and tennis courts, and a swimming pool, promoting a healthy and active lifestyle among students.

What is IIM Lucknow famous for?

IIM Lucknow offers a variety of programs designed to meet the needs of different student and professional groups.

Post-Graduate Programs: The flagship Post Graduate Program in Management (PGP) is a two-year full-time MBA program that equips students with a strong foundation in management principles. IIM Lucknow also offers specialized programs like the Post Graduate Program in Sustainable Management (PGP-SM) and the Post Graduate Program in Agribusiness Management (PGP-ABM).

Executive Education Programs: For working professionals, IIM Lucknow offers the Working Managers’ Program (WMP) and the International Program in Management for Executives (IPMX), both of which are designed to provide advanced management education without interrupting their careers.

Doctoral Programs: The Fellow Program in Management (FPM) and the Executive Fellow Program in Management (EFPM) are doctoral-level programs that focus on in-depth research in various areas of management, ideal for those aiming for academic or high-level industry positions.

International Collaborations: IIM Lucknow has forged partnerships with leading international institutions, offering opportunities for student exchange programs, joint research, and global immersion experiences.

What is the Admission Procedure at IIM Lucknow?

Admission to IIM Lucknow’s programs is highly competitive, with a stringent selection process that ensures the intake of the most talented individuals.

PGP Admission Process: Admission to the PGP program is primarily based on the Common Admission Test (CAT) scores. Shortlisted candidates are then invited for a Written Ability Test (WAT) and Personal Interview (PI). The final selection is based on a composite score, which includes CAT scores, academic performance, work experience, and performance in WAT and PI.

PGP-SM Admission Process: The PGP in Sustainable Management (PGP-SM) also requires CAT scores, followed by WAT and PI. This program is designed for those interested in sustainability and its application in business.

WMP Admission Process: The Working Managers’ Program (WMP) is tailored for professionals with substantial work experience. The admission process includes an entrance exam conducted by IIM Lucknow, followed by a personal interview.

What are the Placement Opportunities at IIM Lucknow?

IIM Lucknow has an excellent placement record, with students receiving offers from top companies across various sectors. The institute’s placement process is well-organized, with recruiters from industries such as Consulting, Finance, Marketing, IT, FMCG, and E-commerce visiting the campus regularly.

Key highlights include:

High Average Salary Packages: IIM Lucknow consistently records impressive average and median salary packages, reflecting the quality of its graduates and its strong reputation in the industry.

Diverse Job Roles: Students have access to a wide range of roles, including management consulting, investment banking, marketing management, operations, and more.
Strong Industry Connections: IIM Lucknow’s robust network of industry connections and a vast alumni base significantly contribute to its successful placement outcomes.

How is the Student Life at IIM Lucknow?

Student life at IIM Lucknow is vibrant and diverse, offering numerous opportunities for personal growth and development. The campus hosts a variety of clubs and committees focused on different interests, including finance, marketing, entrepreneurship, culture, and sports. Major events like the annual cultural fest "Manfest-Varchasva" and the management conclave "Index" provide platforms for students to showcase their talents, network with industry leaders, and gain practical insights into the business world.

Which Famous Personalities have studied from IIM Lucknow?

IIM Lucknow has a strong and influential alumni network, with graduates holding leadership positions in top organizations worldwide. The alumni network is actively involved in mentoring current students, providing career guidance, and facilitating industry connections. Many IIM Lucknow alumni have gone on to become successful entrepreneurs, CEOs, and thought leaders in their respective fields, contributing to the institute’s legacy of excellence.

Conclusion

IIM Lucknow stands as a beacon of excellence in management education, offering a blend of rigorous academics, vibrant campus life, and promising career opportunities. Whether you are an aspiring MBA candidate or a working professional seeking advanced management education, IIM Lucknow provides the environment and resources to help you achieve your career goals. With its strong alumni network, global reputation, and commitment to holistic development, IIM Lucknow continues to be a top choice for students across India and beyond.

Key Highlights-

  • Academic Excellence: IIM Lucknow offers a comprehensive and cutting-edge curriculum, taught by experienced faculty.
  • Global Recognition: It's consistently ranked among India's top business schools. Holistic Development: The institute focuses on students' overall development through extracurricular activities and leadership opportunities.
  • Campus and Facilities: The campus boasts modern infrastructure, including academic blocks, a library, hostel facilities, and sports facilities.
  • Programs: IIM Lucknow offers various programs, including PGP, PGP-SM, PGP-ABM, WMP, IPMX, FPM, and EFPM.
  • Admissions: Admissions are highly competitive, based on CAT scores, WAT, and PI. 
  • Placements: IIM Lucknow has a strong placement record with top companies offering high-paying jobs. 
  • Student Life: The institute offers a vibrant campus life with clubs, committees, and events. 
  • Notable Alumni: Many successful business leaders and entrepreneurs have graduated from IIM Lucknow.

Frequently Asked Questions (FAQs)

What is the ranking of IIM Lucknow?

IIM Lucknow is consistently ranked among the top 5 business schools in India by various national and international ranking agencies.

What is the average CAT score required for admission to IIM Lucknow?

While the exact cutoff varies each year, a CAT percentile above 95 is generally competitive for admission to the PGP program.

What are the fees for the PGP program at IIM Lucknow?

The fee for the PGP program is approximately INR 19-21 lakhs, which includes tuition, accommodation, and other expenses.

Does IIM Lucknow offer scholarships?

Yes, IIM Lucknow offers several scholarships based on merit and financial need to support deserving students.

What is the duration of the WMP program at IIM Lucknow?

The Working Managers’ Program (WMP) is a two-year part-time program designed for working professionals.

How is the hostel life at IIM Lucknow?

Hostel life at IIM Lucknow is comfortable and vibrant, with modern amenities and a strong sense of community among students.

What kind of international exposure does IIM Lucknow provide?

IIM Lucknow has partnerships with several international universities, offering opportunities for student exchange programs, global immersion, and joint research initiatives.

What extracurricular activities are available at IIM Lucknow?

Students can participate in a wide range of extracurricular activities, including cultural events, sports, entrepreneurship initiatives, and academic clubs.

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