It is advised not to consider the new IIMs in the same league as L, K, and JBIMS. Among L, K, and JBIMS, IIM Lucknow should be placed first. Despite JBIMS being older than IIM Lucknow, IIM Lucknow boasts greater diversity and a more established brand.
In terms of personal preferences, both IIM Kozhikode and JBIMS have their own strengths and weaknesses. When it comes to placement, alumni base, and return on investment, JBIMS has the upper hand.
However, the campus of IIM Kozhikode is unmatched and offers an unrivaled business school experience that is not present in JBIMS. Some might argue that the IIM brand is stronger than that of JBIMS, but IIM Kozhikode, as a 25-year-old institution, has created its own brand reputation, while JBIMS, a 65-year-old institution, is highly respected in the corporate world.
It is also worth mentioning that the median placement of JBIMS has exceeded 22 lakhs this year, while that of IIM Kozhikode is around 20 lakhs. While it is known that some students have left IIM Kozhikode and IIM Lucknow to attend JBIMS, it is also likely that the reverse has occurred.
In conclusion, the suggested order would be IIM Lucknow > JBIMS > IIM Kozhikode.
My cousin appeared for the interview of IIM Lucknow for the 2020-22 batch. He claimed that most of the aspirants were top-notch and had him lower his self-confidence. There were 7 panels in total.
As soon as my cousin entered the room, he was asked for the file. He asked him why he chose IIM Lucknow over ISB. My cousin praised the institute saying it was parred with many great other B Schools. However, the interviewer did not seem satisfied so my cousin added that the IIM tag was inevitable. They enquired him about his current job and his interest. He said he was interested in operations or supply chain management. The interviewer asked him why he was not into consulting.
He further asked him about his dream job, hobbies, and other stuff. They asked me what other calls I have converted and preferred the most. Lastly, they asked him why he chose IIM Lucknow over Rohtak. After listening to his answer he complimented him for his honesty and asked him to leave the room. Luckily he was selected and got into IIM Lucknow.
Percentage of seats reserved:
Categories |
Percentage |
SC |
15% |
EWS |
10% |
ST |
7.5% |
NC-OBC |
27% |
PwD |
5% |
There are mainly 3 MBA programs in India:
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
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.
Don’t let people mislead you into believing that ROU is just a materialistic element and does not have much value. Once you are out of B-school you just want to have a financially stable life. The fees you have invested are much more than just fees. It is the skills, time, and foregone salaries of 2 years.
The jobs you land out of a B School are based on your past performance, especially during summer placements. In fact, many high-paying jobs in the B-school placement reports are Summer Internship PPOs.
IIM Lucknow is an outstanding institute considering the ROI aspect. Don’t let yourself into the delusion that MBA is for learning and not for money. If that were the case you would be better off doing a Ph.D. rather than a job.
Every college has its own list of features that makes it stand out among others. But what matters is which of those aspects aligns with your interests and conveniences. So to facilitate a better decision, I have listed the pros of both colleges.
SPJIMR Mumbai
Location: Located in the center of Mumbai, it enjoys a location advantage over IIM Lucknow. This makes it easier for students to avail opportunities and recruiters to visit the campus regularly.
Low batch size: It has a lower batch size in comparison to IIM Lucknow which means every student is well attended to and the competition is also not that tough.
Marketing: It’s the marketing capital of India with the most reputed marketing firms visiting the campus.
Exposure: It offers a rural stint and international exposure for every student which exposes them to the diversity of the course.
IIM Lucknow
Weighing the pros of both the colleges make your decision based on which pros you are keen to avail the most.
In a simplified way, it is often said that IIM Lucknow is better and a lot of factors are in favor. However, both NITIE and IIM Lucknow have their fair share of advantages.
Here is a brief comparison of the two institutes.
Parameters | NITIE | IIM Lucknow |
Average CTC | 20 LPA | 58 LPA |
Highest CTC | 44 LPA | 23 LPA |
Major recruiters | EY, IDFC First, ETLI | Deloitte, Flipkart, Jio, Amazon |
Course Fee | 11.33 lakhs | 19.25 lakhs |
Else wise, you can go for IIM L.
The percentage of students who drop out or fail at IIM Lucknow differs significantly by batch.
There have been batches where only a few students dropped out and pursued another interest. At the same time, 10-15 students drop out of each batch because they have goals other than an MBA.
It is a personal factor that over time has an overall impact on the number of students discontinuing class. It says nothing about the institute and says nothing about the batch either. Failure is a matter of one's commitment to learning and education, and the number of students also depends on each student, so taken as a whole, it says nothing negative about the institution. In other words, failing or dropping out depends entirely on the individual and has nothing to do with the institution.
To begin with, when comparing two IIMs, the question is which is better, not which is the best.
The answer to this question is, of course, subjective.
IIM Calcutta is a more established institution than IIM Lucknow, and it consistently receives higher rankings. As a result, according to any layman or literate man, it will be better than IIM Lucknow.
IIM C is superior in terms of finance specialization and placements. IIM L is superior in terms of marketing specialization and placements.
IIM C is calm, whereas IIM L is frenetic.
IIM C fees are significantly higher than IIM L fees.
IIM C has a high percentage of engineers who go there, whereas IIM L has a wide range of academic disciplines.
IIM C Has more alums than IIM L. This is also a significant feature of how old the college is.