There are several candidates who have this query of difference between IIM Lucknow and IIM A/B/C. Discussed below is what can be gained in IIM Lucknow, and what are the factors to be missed.
Other than the above points, the placement of IIM Lucknow is as good as top IIM A/B/C, having the same companies recruiting from all the top IIMs. Overall, these factors can help build perspectives for choosing the right institute for CAT rankers and especially, IIM aspirants.
A two-stage selection process is followed by the Indian Institute of Management Lucknow for admissions to the PGP, PGP SM and PGP ABM batch. Stage 1 involves shortlisting for the Personal Interview (PI) and the Written Ability Test (WAT) through CAT exam. The candidates who match the cutoff criteria in the written CAT exam are made eligible to apply for admission in the PGP, PGP SM and PGP ABM batch.
Tabulated below is the minimum marks required to be eligible for admission in IIM Lucknow:
Categories |
Verbal Ability and Reading Comprehension |
Data Interpretation and Logical Reasoning |
Quantitative Aptitude |
Overall Percentile |
General |
85 |
85 |
85 |
90 |
NC-OBC |
77 |
77 |
77 |
82 |
SC |
55 |
55 |
55 |
70 |
ST/PwD |
50 |
50 |
50 |
65 |
However, all of this is the minimum criteria to apply; you will only be receiving calls from IIM Lucknow if your CAT percentile is at least at 98.2 percentile. The higher your score goes beyond this percentile the higher are your chances of converting IIM Lucknow. After PI and WAT takes place which is based on various criteria like the scaled CAT score, the Class 12 and Graduation marks, diversity factors based on gender and fields and the work experience of the candidates, the final score will be calculated taking PI and WAT into consideration on the basis of which admission will be given to candidates.
The hierarchy of these B-Schools is - IIM A>B=C>L, for most aspirants. The majority of students appearing in CAT, target IIMA. Students interested in Consulting usually opt for IIM Bangalore. IIM B offers better job packages for consulting profiles. IIM C is known as the Finance campus of the country. It has triple accreditation(AACSB, AMBA, and EQUIS) and witnesses a huge number of finance job profiles.
IIM Lucknow is known for Marketing. It offers excellent placements in this domain. Around 32% of students got internships in the sales and marketing profiles during IIM Lucknow placements in 2022. The institute has been offering good placement and opportunities for Consulting as well. For this year's placements, the highest CTC offered from Consulting sector was INR 45 LPA.
Due to the Covid19 situation, IIM Lucknow is taking interviews online. The interview takes around 15-20 minutes and there will be two panelists.
Interview starts with an introduction. They will ask you about your academic background, any job experience that you have, etc. To prepare for the interview go through your profile thoroughly. There will be questions based on your profile.
There will be general questions like ‘Why MBA?’, “Why IIM Lucknow?’, “What other calls do you have?’, ‘Any particular specializations you are interested in?’, etc. You can expect questions from current affairs as well.
IIM Lucknow has better ranking and placements compared to IIM Indore.
Both IIMs offer similar ROI.
IIM Lucknow has wrapped up their final placement for the 2018-20 academic year with 100% placement rate. According to the batch profile for placement, 443 students received a total of 447 offers.
Amazon, Accenture, BCG, and Deloitte were the firms meeting the maximum no. of offers. The other top recruiters were Bain and Co, McKinsey & Co, Kearney, KPMG, GEP.
The CTC details of the institute are given below in the table.
Particulars |
CTC (INR LPA) |
Highest International Salary |
58.47 |
Highest Domestic Salary |
54.00 |
Mean Salary |
24.25 |
Median Salary |
23.00 |
Mean Salary (International Roles) |
23.94 |
Median Salary (International Roles) |
23.00 |
Unlike IIM A who reports the placement correctly and follows IPRS, every other IIM doesn’t do the same. But this secretive nature of IIM Lucknow does not conclude that it has a bad or average placement. There are few factors regarding this clause, and some of them are listed below.
So, no detailed reports are provided from IIM Lucknow regarding their placement. Detailed information is usually received from insiders like alumni and professors, without disclosure in identity.
Yes, a student can easily find the best faculty of IIM Lucknow.
One of my cousin brothers had an MBA from IIM Lucknow and he always told me that IIM Lucknow literally has good faculty members. They have immense knowledge in their respective fields. So there is no doubt regarding the faculty of IIM Lucknow.
He always mentioned the name of Mr Rajeev Kumra. He is the marketing professor at IIM Lucknow. He normally teaches all the important aspects of marketing. He has a huge industry experience; thus, easily relates the marketing concepts with the real-time industry exposure. Making him the best faculty in the IIM Lucknow, as well as the industry.
Another important thing is that he had won the best faculty award for the consecutive past four years in the IIM Lucknow. He is a very modest person than the other faculty members of this institute.
IIM Lucknow placements 2022 ended with an average CTC of INR 31.03 LPA. Here are the highlights of the salary package information.
Parameters | Placement Statistics (2019-21) | Placement Statistics (2020-2022) |
Median CTC | INR 23.5 LPA | INR 29 LPA |
Highest Domestic CTC | INR 51 LPA | INR 58 LPA |
Highest International CTC | INR 56 LPA | INR 61.59 LPA |
Adobe, Myntra, IBM, Puma, etc. are some of the major recruiters that visit the campus placements frequently.
Both have the branding of IIM and there isn’t much to distinguish between them apart from the notable alumni network which Lucknow boasts of along with excellent academic grooming.
The table mentioned below gives a brief comparison of both institutes:
IIM-L |
IIM-K |
|
ESTABLISHED |
1984 |
1996 |
FEES (PGP) |
11.76 lacs |
18 lacs |
NIRF RANKING |
4 |
6 |
BATCH SIZE |
400-450 |
300-350 |
STUDENT: FACULTY RATIO |
1:7 |
1:6 |
ADMISSION |
CAT, GMAT, GRE |
|
AVERAGE PACKAGE |
24.25 LPA |
20LPA |
CORE COURSES OFFERED |
|
|
IIM Lucknow implements a unique rigorous, case-based curriculum wherein the students develop excellent knowledge of concepts and strong fundamentals. A 12-week compulsory summer training programme provides industry exposure and enhances employability. Key highlights of the placement session are:
120+ recruiters took part in the hiring process placing 400+ offers
Highest CTC on offer was 58.5 LPA
Accenture, Amazon, ONGC, Goldman Sachs, Uber, Axis Bank were the major recruiters
Average placement rate of almost 100%
Tabulated below are the placement statistics of both IIMs as per each domain:
DOMAINS |
IIM-L |
IIM-K |
CONSULTING |
32% |
30% |
IT AND OPERATIONS |
24% |
22% |
SALES AND MARKETING |
12% |
17% |
FINANCE |
19% |
21% |
GENERAL MANAGEMENT |
13% |
10% |
IIM Kozhikode is one of the most reputed institutes for Business Management in the country and is known to have the finest faculty profile in this sector. It has adopted an analytical approach to its teaching system. The institute organizes an 8-10 weeks of training period in business and industrial organizations making students industry ready. Salient features of the last placement session are:
Highest CTC offered was 40.50 LPA
107 recruiters offered 390 roles
BCG, Mckinsey, Mahindra, Birla Group, ITC, Hindustan Unilever were the top recruiters
Average placement percentage over 85%