IIM Lucknow

The Indian Institute of Management – Lucknow (IIML) is located in Lucknow, Uttar Pradesh, India. The institution was established in 1984 and ranked fourth among the IIMs after IIM Calcutta, IIM Ahmedabad, and IIM Bangalore. The IIM Lucknow provides management programs, such as post-graduate diplomas, fellowships, and executive programs.

In this Article,

• IIM Lucknow Highlights
• Programmes offered at IIM Lucknow
• IIM Lucknow Rankings
• Campus life
• List of Prominent IIML Alumni
• IIM Lucknow Average package & Placements
• IIML Summer Placements for 2021
• IIML Summer Placements for 2020
• IIML Summer Placements for 2019
• IIML Final Placements for 2020
• IIML Final Placements for 2019

This institute is also recognized as an Institution of Excellence by the Ministry of Human Resource Development, India. Like other IIMs, IIM Lucknow considers the CAT score as one of the shortlisting factors for their further rounds.

IIM Lucknow Highlights

Instilling personal values and professional ethics in its students, IIM Lucknow provides its students with the opportunity to create a global impact in the management environment. IIM Lucknow celebrated 25 years of excellence through their silver jubilee celebrations in 2009. At IIM Lucknow, you will find a learning environment that is accessible, open, and conducive to excellence. Listed below are the important highlights of IIML

Programmes Offered at IIM Lucknow

IIM Lucknow provides a variety of programmes for both graduate students and those with professional experience. The following are the management programmes provided by the IIMs.

IIM Lucknow Accreditations and Rankings

The PGPM, IPMX, and WMP programmes of the institute have received accreditation from the Association of MBAs (AMBA). IIM Lucknow has received AMBA accreditation, having joined a fraternity of 187 business schools in over 70 countries. IIML also holds the prestigious AACSB ranking. The international and national rankings are listed below:

Partnerships and Student Exchange Programs by IIM Lucknow

Through the International exchange programmes, students spend a portion of their time studying at business schools throughout the world. Leaving aside the fact that socioeconomic disparities between advanced and developing countries are so extensive that they cannot be taught in a classroom, they can be experienced through interaction with those countries. One can only learn to appreciate them by venturing into diverse environments. IIM Lucknow hosts international students and faculty together to help them gain an understanding of one of the world’s largest markets, and prepare them to be world-class professionals.

Scholarships

Providing financial assistance is primarily intended for ensuring that no candidate is prevented from completing a course due to financial constraints.

• Need-based IIML Scholarships: The institution has established a need-based scholarship programme for students based on their family’s income. Any student regardless of caste, creed, gender, or religion, who meets the eligibility criteria can apply.

After the admissions, the eligibility and reimbursement criteria will be notified. The scholarship is for a one-year period (no auto-renewal is applicable).

The reimbursement is done term by term, and it is dependent on the accomplishment of the term’s academic requirements. A student may not be eligible for more than one scholarship.

Financial assistance for Doctoral Students

During the third and fourth years, one national and one international professional society’s yearly membership fees (scholar/student rates) would be reimbursed.

• Travel/boarding/lodging and local conveyance expenses for case-writing and field-based research during the third and fourth years are reimbursed up to Rs. 50,000.
• The institute also provides facilities for married FPM scholars who live on campus with their families. This includes a refund of the family health insurance premium. The institute offers a joint health insurance cover of Rs. One hundred thousand for the candidate, her/his spouse, and two children. The premium payable for Rs. 100,000 can be reimbursed.

Fellowship Grant

• All resident Indian scholars enrolled on the programme get a four-and-a-half-year fellowship allowance. Additionally, they are exempt from fees and receive free hostel facilities. Married scholars and their immediate families are welcome to stay in the campus hostel (spouse and children).
• During the first and second years, scholars are awarded a fellowship stipend of Rs. 35,000 per month. The stipend will be paid until the scholar fulfils the Comprehensive Examination at the conclusion of the second year.
• A stipend of Rs. 40,000 per month will be paid for the rest of the programme after passing the evaluation in the third year.

Contingency Grant

• All resident Indian scholars enrolled on the programme are awarded a four-and-a-half-year contingency allowance. A contingency grant of Rs. 10,000 per year in the first and second years, and Rs. 15,000 per year in the third and fourth years of the programme.
• This grant can be used to buy books, stationery, computer hardware/software, and other materials. A one-time computer purchase stipend of Rs. 50,000 is available before the completion of the course.

Campus Life at IIM Lucknow

IIM Lucknow is a prominent fully residential institute that offers housing for over 1000 students and 75 staff members It is situated on a splendid 185-acre campus in the city, well known for its rich cultural and architectural heritage.

Health and Wellness

• In addition to a dispensary with a network of affiliated hospitals, the medical facilities offer unique medicare assistance.
• A resident doctor and nursing team are available round the clock to care for the community’s health needs. A resident physician, a gynaecologist conduct consultations, and a homoeopathic physician are available for consultation.
• There is a 24-hour ambulance service and four paramedics available around the clock.
• For diagnostic purposes, accredited labs have been engaged.
• A certified yoga instructor takes yoga sessions in the morning throughout the year.

Hostel

• The institute has been effectively operating a facility of 128 air-conditioned rooms to ensure that participants have a comfortable stay.
• Chanakya and Patanjali are the names of the guesthouse buildings. There is a dining room in the Chanakya building. Each building includes 64 air-conditioned rooms with LCD televisions, wireless internet access, tea and coffee making facilities, and other basic amenities.
• The housing, children’s park and the other facilities contribute to the high-quality life at IIM Lucknow, and the pleasant surroundings foster a rewarding lifestyle.

Services and Retail

A retail centre and various amenities make this institute a small town. Among the campus’ many amenities are mini department stores, a post office, a bank, and a cafeteria. In addition, retail shops and services are available on campus to serve the daily needs of the campus community.

Recreation and Sports

• A wide array of sports facilities is available at IIM L, which provides an enabling environment in a wide range of individual and team sports.
• IIM-L Campus has Basketball Courts, Squash Court, Indoor Badminton Courts, football/cricket area, Lawn Tennis Courts, and a Volleyball Court.
• The recently constructed UMANG has a swimming pool, Jacuzzi, squash and billiards court, gym, and other leisure facilities.

Campus

The campus is situated at Prabandh Nagar, about 21 kilometres from Lucknow Railway Station and 31 kilometres from Lucknow Airport.

• The lush green lawns, flower beds, and trees provide a sense of inspiration for the mind, body, and soul.
• The library is named Gyanodaya- The Rich Learning Resource. This two-storied, 30,000-square-foot library is a storehouse of current and historical information. The Faculty block is called- Chintan, Bodh Griha -The PGP Block, Manthan – The MDP Block, and Samadhan-The Administrative Block.
• The campus, which is spread over 185 acres and is nestled in a beautiful and serene landscape, not only provides a beautiful environment for the community’s academic endeavours but also allows them to unwind.

List of Prominent IIML Alumni

Late Mr Shanmughan Manjunath, Former Manager – Indian Oil Corporation

• Suhail Sameer, CEO BharatPE
• Amitabh Thakur, IPS Officer
• K.Annamalai, Former IPS Officer
• Anita Garg, Director & Co-Founder, Jade Group
• Ajay Kaushal Co-Founder & Director, BillDesk (Class of 1992)
• Sumeet Narang, Founder & MD Samara Capital(cLASS OF 2001)
• Paurush Roy, Director Samara Capital (Class of 2000)
• Neha Prakash, IAS, BRICS CCI Young Leaders (Class of 2011)

IIM Lucknow Average Package & Placements

The placement structure of IIM Lucknow includes a summer internship and the final placement.

The final placement process takes place in two tiers: High Entry Placement Process for candidates with more than 12 months of experience. Then the final placement process where all candidates appear for the company processes.

IIM Summer Placements for 2021

Summer placements for the 37th batch of PGP students and the 18th batch of PGP-ABM students were completed successfully by IIM Lucknow. The institute received 567 offers for 562 students, resulting in a 100% placement record. With top recruiters from throughout the country, students were placed in a variety of roles in consulting, finance, marketing, and operations. This year, the institute successfully onboarded more than 140 recruiters and secured the highest ever stipends. The highest offers were made by Amazon. Other Top recruiters were Microsoft, BYJUS, Axis Bank, Kearney, RPG, Kotak Mahindra Bank, Boston Consulting Group etc. The sector-wise percentage breakup, Overall Stipend Compensation, Sector-wise stipend compensation of the offers made are as follows:

IIM Summer Placements for 2020

Amidst the Global pandemic, IIM Lucknow successfully completed the summer placements for the 36th batch of PGP and the 17th batch of PGP-ABM students. The entire process was conducted virtually, and IIM Lucknow efficiently onboarded the summer recruitment process into an online platform designed specifically to ensure a smooth interface among all the stakeholders in the process. Top recruiters were Amazon, Avendus, Accenture Strategy, Bain & Co., Axis Group, Deutsche Bank, HSBC, Samsung, Microsoft, MondelezGoogle, FinIQ, Capgemini, Vodafone Idea, etc.

IIM Summer Placements for 2019

The 35th batch of summer placements for the Indian Institute of Management (IIM) Lucknow’s two-year Post-Graduate Program for 481 students at IIM Lucknow secured 100% placements in record time. The recruiting drive brought more than 140 domestic and international recruiters. Some of the top recruiters across different sectors were Deutsche Bank, Goldman Sachs, Accenture Strategy, Hindustan Unilever, ITC, Aditya Birla Group, Amazon, A.T. Kearney, Bain & Co., Citi, Deloitte, McKinsey & CoAvendus Capital, Microsoft, Hindustan Coca-Cola Beverages. The sector-wise percentage breakup and Overall Stipend Compensation is listed below

IIM Final Placements for 2020

There was 100% placement for this 34th batch of PGP students, consisting of 443 students. Some of the most well-known recruiters made 447 offers, including Amazon, American Express, Asian Paints, Avendus Capital, Axis Capital, ITC, Microsoft, Nestle, Standard Chartered Bank, and Tolaram Group. International profiles were offered by Apparel Group, Ernst & Young, RPG Group, Landmark Group, Bosch, Standard Chartered Bank, and Tolaram Group.

IIM Final Placements for 2019-2021

Despite the barriers posed by the pandemic in this unprecedented year, final placements for the 35th batch of PGP-MBA and 16th batch of PGP-ABM students were successfully completed on a virtual basis, despite the barriers posed by the pandemic. With top recruiters from throughout the country, students were placed in various roles in consulting, finance, marketing, and operations. Capgemini, Accenture Strategy, Kearney, Goldman Sachs, Mahindra, Adobe, Microsoft, and others were top recruiters. Amagi, Zynga, comviva, carwale, and others were among the first time recruiters.

When you consider the distinct benefits of pursuing an MBA from prestigious institutions like IIM Lucknow, you will understand why MBA is considered important. The CAT Exam is the most sought after MBA Entrance exam that fulfils your dream of getting into an IIM of your choice and top MBA institutions in the country. To learn more about different IIMs and get the latest updates about the upcoming CAT 2022 exam, stay connected with BYJU’S.