Indian Institute of Management - IIM Lucknow

About Indian Institute of Management, Lucknow 

The Indian Institute of Management, Lucknow, was the fourth IIM to be established. It came into being in the year 1984, and since then has moulded thousands of students into value-driven managers and leaders. IIM Lucknow is counted amongst the top 5 business schools in India as it ensures 100% placement for its management batches year after year. It is known as a hub for excellence in management with a focus on creating ethically motivated leaders with a vision for the future. It excels in providing human values along with professional ethics to its students. 

IIM Lucknow offers a total of 7 programmes in the postgraduate and doctoral level of study. These include PGP courses in management, specialized PGPs for working executives and fellowship programmes to encourage market research. These courses are taught by distinguished faculty members, who not only disseminate information but also provide guidance and mentorship to the students. In addition to this, IIM Lucknow has also partnered with a range of domestic and international educational institutions to facilitate student exchange programmes and experiential learning from the global outlook. 

IIM Lucknow has forged the path for business schools in India and continues to remain one of the topmost management institutions. It is led by a formidable array of leaders who ensure that the institute remains up-to-date with global educational techniques and systems. IIM Lucknow has been ranked at the 4th position for top business schools by NIRF, with an overall score of 73.85. 

 IIM Lucknow Highlights:

IIM Lucknow Location:

IIM Lucknow is located in the city of Lucknow, Uttar Pradesh, popularly known as the seat of “Tehzeeb”. The campus is located in the outskirts of the city, approximately 17 km away from Charbagh Railway Station. Students and visitors can hire a cab or auto-rickshaw and easily reach the campus in 30 to 45 minutes. Lucknow’s international airport, Chaudhary Charan Singh International Airport is located at a distance of 26 km from the campus, and it takes approximately 45 mins of road travel to reach the campus from the airport.  

Indian Institute of Management, Lucknow - Latest News and Updates:

• June 11, 2020 – IIM Lucknow retains 4th position in NIRF Ranking

IIM Lucknow retained its rank as the 4th best management institution in India. It also significantly improved its scores. 

• June 27, 2020 – IIM Lucknow’s CMEE organises a webinar

The Centre for Marketing in Emerging Economies organized a webinar on ‘Leveraging the Power of Unstructured Data for Capturing Consumer Insights in the Digital Era’ with a distinguished panel of speakers.  

• October 20, 2020 – IIM Lucknow organises Research Seminar Series

IIM Lucknow organised a Finance Research Seminar Series on ‘Medicine or an Addictive Drug? The vicious Cycle of Regulatory Forbearance’

IIM Lucknow Awards, Recognitions Accreditations and Collaborations:

IIM Lucknow Accreditations 

• The PGPM, IPMX and WMP programmes offered by IIM Lucknow have been accredited by the international authority AMBA (Association of MBAs) for five years.
• The Association to Advance Collegiate Schools of Business (AACSB) provides accreditation for all courses at IIM Lucknow. 

IIM Lucknow Collaborations

• EDHEC Business School France
• La Rochelle Business School, France
• Universite Catholique de Louvain (UCL), Belgium
• Athens University of Economics and Business, Greece
• University of Hull, United Kingdom
• University of North Texas College of Business, USA
• National University of Singapore, Singapore
• John Hopkins University (Dept. of International Health, Bloomberg School of Public Health)
• Singapore Management University, Singapore
• Gordon Institute of Business Science, University of Pretoria, South Africa
• Western Sydney University, Australia
• Mid-Western University School of Management, Nepal
• Beijing Jiaotong University, China
• Brock University, Canada
• University of Amsterdam (UvA), Netherlands
• ESCP-EAP, European School of Management, France
• Turku School of Economics, Finland
• BREST Business School, France
• MIP Politecnico Di Milano School of Management, Italy
• Lincoln University, New Zealand
• Ben-Gurion University of the Negev, Israel
• McMaster University-Michael G Degroote School of Business, Canada
• Kelley School of Business, USA
• Toulouse Business School (Groupe ESC Toulouse), France
• Friedrich-Alexander-Universitat Erlangen-Nurenberg (FAU) School of Business, Economics & Society Nurenberg Germany
• ESCP-EAP, European School of Management, France

Notable Alumni 

1. Amit Banati (Senior VP/CFO at Kellogg Company)

2. Prerna Bhutani (Co-founder at Red Quanta, Partner at India Quotient) 

3. Kamlesh Varshney (India’s Joint Secretary (TPL) Finance Ministry)

Indian Institute of Management, Lucknow Clubs, Committees and Councils:

 IIM Lucknow is well-known for its academic excellence, but it also offers a range of extra-curricular activities to promote the artistic and cultural of students. There are also student-led academic groups that are discipline-centric and encourage the students to take part in activities and games related to the discipline of their choice. These clubs, societies and student-bodies not only provide a much-needed break from the hectic academic life, but also open up valuable opportunities for the students to earn accolades, showcase their talents, network with industry professionals and gain hands-on experience. 

• Entrepreneurship Cell
• Music Band 3.4
• Right Angles Photography Club
• Random Walk Dance Club
• HELICS HR Club
• Cultural Committee 
• Placement Committee 
• Media and Communication Cell
• Operations Interest Group
• Abhivyakti Dramatics Club
• Art Strokes 
• Forty Two Literary group
• Credence Capital 

Indian Institute of Management, Lucknow Infrastructure and Facilities:

The top-notch academic, residential and recreational facilities at IIM Lucknow serve as a major attraction for students from all around the country. IIM Lucknow facilities and infrastructure facilitate the smooth functioning of the fully-residential programmes. They ensure that the transition from home to college life is obstacle-free for students and that they experience an environment that facilitates better academic output and well-being. The wide range of facilities at IIM Lucknow includes: 

• Small departmental stores are present inside the campus and are regularly stocked with items of day-today-need for the convenience of the campus residents. 
• A dedicated medi-care centre is provided with 24x7 availability of trained physicians, diagnostic equipment and emergency services. A dispensary is also there to provide prescribed medication. 
• State-of-the-art relaxation area with a swimming pool, Jacuzzi, gymnasium and yoga centre is available to students.
• Sports facilities for indoor and outdoor sports like cricket, table tennis, football, etc. and board games are provided to help students unwind and entertain themselves. 
• IIM Lucknow has well-maintained parks and gardens to replenish the soul. 
• The Gyanodaya Library at IIM Lucknow has two storeys and houses an updated repository of books and research material. It is fully air-conditioned. 
• The campus has separate housing blocks for the students and faculty. The hostels have a common room and advanced facilities like Wi-Fi connectivity, air conditioning, etc. 

IIM Lucknow Courses, Fees and Eligibility

 IIM Lucknow offers seven courses at the postgraduate and doctoral level. The post graduate programmes in management also offer specialization in Sustainable Management and Agribusiness Management. Apart from this, there are specially curated courses for executives and fellowships for PhD scholars. The IIM Lucknow courses are given below. 

• PGP 
• PGP-ABM (Agribusiness Management)
• PGP-SM (Sustainable Management)
• PGPWE or Working Managers’ Programme (WEM)
• International Programme in Management for Executives or IPMX
• FPM- Fellow Programme in Management
• EFPM- Executive Fellow Programme in Management

 IIM Lucknow Fee:

 IIM Lucknow’s course fees vary depending on the programme. There are two main payment options- demand draft and online transfer. The average fee for the PGPs is Rs. 19,25,000. Students may be asked to pay a refundable security fee (depending on the course) and additional fees like alumni membership fee. 

Indian Institute of Management, Lucknow Admission

IIM Lucknow admission process consists of a qualifier exam, clearing the cutoff and clearing the WAT-PI rounds. The final score of these rounds, in addition to the academic background and diversity factor of the candidates, is used to determine which students will get admission. 

For the postgraduate programmes in management, admission is done on the basis of CAT, which is an annual exam. International candidates have to furnish valid scores of GRE/GMAT for the same. The candidates who are shortlisted after considering the entrance exam percentile, have to take the WAT-PI round. For executive-level or doctoral programmes, the candidates may also be required to have work experience.  Lastly, document verification is the mandatory last step for admission into any of the seven programmes. 

IIM Lucknow Admission Procedure for Postgraduate Programmes

• Meet the eligibility criteria
• Submit the application form
• Appear for the entrance test
• Declaration of cutoff/results
• Participation in WAT/PI as applicable
• Document verification
• Fee payment and university enrolment

IIM Lucknow Admission Procedure for Ph.D. Programmes

• Meet the eligibility criteria
• Fill the application form along with chosen specialisation
• Appear for the standardized test
• Declaration of results
• Interview process by respective departments 

Indian Institute of Management, Lucknow Scholarships

IIM Lucknow offers several post graduate and doctoral level programmes. In order to ensure that these courses are equally accessible to students from all walks of life, there are a number of scholarships available at IIM Lucknow. These IIM Lucknow scholarships can be availed by the students who come from socially or economically disenfranchised backgrounds. 

This IIM Lucknow scholarship is an initiative taken by IIM Lucknow to provide quality education to all. Students can submit applications for scholarships for courses like PGP, PGP-ABM, etc. These scholarships are provided by IIM Lucknow, the government of India and private corporations. Students should take note of the fact that the IIM Lucknow scholarship can be revoked at any time if the awardees engage in any form of misconduct or break the rules. The details of the scholarships, tenure, amount and eligibility are given below. 

IIM Lucknow Scholarships

IIM Lucknow Scholarship

 IIM Lucknow scholarships are offered to make the courses more accessible to all types of students and to ensure that no student is left behind due to lack of financial aid. The scholarships are offered by IIM Lucknow, Government of India and private corporations. Students can avail these scholarships if they fulfil the eligibility criteria. In addition to this, special scholarships are also awarded to meritorious students. 

 Indian Institute of Management, Lucknow Cutoff:

 The IIM Lucknow cutoff depends on the annual performance of IIM aspirants in CAT. The cutoff is the minimum percentile a candidate must score to become eligible for the further admission process.  The cutoff criteria may change every year depending on external conditions like:

• Difficulty level of Common Aptitude Test (CAT)
• Number of seats available
• Number of aspirants 

IIM Lucknow Placement 

IIM Lucknow placements take place twice for an academic batch- once after the completion of the first year and finally at the end of the two-year programme. These are called Summer Placements (internships) and Final Placements, respectively. During the placement week, the IIM Lucknow placement cell invites hundreds of reputed organizations from multiple sectors to recruit their future employees from the talent pool offered by IIM Lucknow. The various steps involved in placements are given below. 

Pre-Placement Talk: The recruiting organizations are invited to the campus to interact with students. During this process, the students also get to learn more about the internal workings of the organization. 

 Dream: By using the Dream option, students of IIM Lucknow can choose to opt for the placement process of their dream company and appear for the recruitment rounds. This does not exclude the students from the standard placement process, and they can choose to go for any of the two offers.

 HEPP: The Higher Entry Placement Opportunity can be availed by the students who have worked full-time for over 30 months before joining the IIM Lucknow programme. This allows them to get a mid-level job placement with better opportunities according to their work experience. They are also called Lateral Placements. 

 PPO: Pre-Placement Offer is given to the students by the organization they interned at during the summer placements. 

Some of the top recruiters at IIM Lucknow for the batch of 2018-202 were: 

• Accenture 
• Deloitte India
• Bain & Company
• Amazon 
• PricewaterhouseCoopers 
• Flipkart 
• Citi
• Reliance Jio
• MasterCard
• Landmark Group
• JDA Software
• Deloitte USI
• TAS
• Standard Chartered Bank
• The Boston Consulting Group
• Royal Bank of Scotland 
• EXL Services
• Asian Paints
• McKinsey & CO
• RPG Paints
• Avendus Capital 
• ICICI Bank 

Frequently Asked Questions:

Q1. Does IIM Lucknow accept only CAT score?

Courses offered at IIM Lucknow also accept valid scores of GRE, GMAT, XAT and GATE other than CAT.

Q2. Can I get financial aid for a course at IIM Lucknow?

Yes, you can avail IIM Lucknow’s scholarships or financial aid options to support your learning. 

 Q3. Does IIM Lucknow provide career guidance?

Yes, there are multiple student-led academic groups, mentors and counselors at IIM Lucknow who can guide you towards the right career path. 

 Q4. What is the placement percentage at IIM Lucknow?

As of 2020, IIM Lucknow placement drive saw 100% placement of the students seeking placement. 

Q5. In which sectors can I get placed?

You can get placed in sectors like FMCG, consumer goods, online services, e-commerce, consulting, general management, finance, etc. 

 Q6. How many seats are there at IIM L?

IIM L currently has 436 seats for management programmes.

 Q7. What are the benefits of a summer internship?

The summer internship provides students with valuable work experience and opens up the opportunity for them to get a PPO.

 Q8. What is the minimum acceptable GMAT score?

The score is not specified by IIM Lucknow, as this score along with the academic background, performance in WAT-PI and work experience (if applicable) is used to determine the outcome of the candidature.

 Q9. Is it compulsory to opt for summer placements?

No, students can opt out of the summer placements and find internships with the help of external sources as well. 

 Q10. Where can I get more information about the courses?

To get more information, visit the official website of IIM Lucknow at http://www.IIM Lucknow.ac.in/. 

 Q11. Is the EFPM programme fully residential?

The EFPM programme is a part-time programme and it is non-residential. 

 Q12. Does IIM Lucknow have a student exchange programme?

Yes, IIM Lucknow has a student exchange programme for which It has partnered with multiple institutions all over the world.