How do you rate IIML compared with the IIMs at ABC? Is IIM Lucknow as good as the top IIMs at ABC?

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Admin Posted On - Feb 1, 2024

IIM Lucknow is a renowned business school. It has been around for quite a while now, so it has a strong alumni network and good placements. 

Here are a few parameters to assess IIM Lucknow and compare it to IIM A,B,C-

  • Brand- IIM A,B,C are the most renowned IIMs. But others like Lucknow are also quite reputable. The ‘IIM’ tag in itself holds a lot of prestige.
  • Recruiters- A handful of top recruiters visit only IIM A,B,C and leave the other top business schools. But the majority of such companies are investment banks who seek employees in the finance sector.
  • Peer group- Top achievers go to IIM A,B,C. However, it is unfair to neglect those who were of great caliber but fell short by a few points. 
  • Faculty- Teachers from IIM A,B,C come to IIM Lucknow from time to time as visiting faculty. 

IIM A,B,C will probably give you a better start, but your passion and dedication will ultimately lead you towards a successful career in corporate.

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Khalid Sinha Posted On - Aug 5, 2022
MBA Finance & Economics, Indian Institute of Management Lucknow

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. 

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Pruthvi Bhella Posted On - Feb 2, 2021
Studies Integrated Programme in Management at Indian Institute of Management Indore (2022)

Some people tend to categorize IIM Lucknow from the combo trio “ABC” which is a famous term used by CAT Aspirants and coaching institutes to mention the three exclusive institutes. Which is not a fair comparison. The points listed below, provide different views and scenarios about the comparison.

  • CAT training institutes convince students by selling the ABC guarantee. It is somewhat exaggerated, but this creates a sense of motivation in the minds of the students for cracking CAT. Most perspectives divide IIM ABC and IIM Lucknow into two different categories, which is an old concept and needs to be calibrated now.
  • Companies recruit a good number of IIM Lucknow students and it is based on performance, not just the ABC branding. There are two factors that make a basis of judgment between the two sides- one being the industry's perspective and the other being the students’ perspective.
  • Research papers published and ongoing consulting projects vary from year to year and so cannot be considered as a mode of judgment between institutes.
  • The actual hierarchy is usually considered to be A>B=C>L, and CAT rankers choose among them accordingly.
  • Having a better balanced PGP curriculum, IIM B is said to be the best institute in some rankings. Also, there are students choosing IIM B over A, and the institute displays it on their website. IIM B average placement is also on a slightly higher side, compared to IIM A.
  • Also in Finance specialization, IIM C is more reputed than A or B. Many students convert to C since it has triple accreditation (AACSB, AMBA, and EQUIS). So, judging which institute is better is relative.
  • Both IIM C and IIM Lucknow don’t share their detailed placement data. According to the record, IIM L has an average CTC of 17.80 LPA as compared to IIM C’s average CTC, i.e. 17.39 LPA for a similar batch size. 
  • There are a major number of students from IIT Delhi, Kanpur, BHU, and Roorkee in IIM Lucknow too, contrasting the rumor that IITians choose only among ABC.
  • In the industry, it actually doesn’t matter to which IIM the student belongs. Converting an interview into an offer is dependent on the CV and performance on spot.
  • There are several top IIM graduates currently working as managers in mid-level organizations. As the experience increases, the need for the brand decreases gradually.

IIM Lucknow is famous for its rigorous 2 year PGP program, which is even tougher than IIM A. This hardcore curriculum is reflected in placements, where the institute shares the same level of opportunities as other top IIMs.

So, the brands are just labels that become useless after certain intervals. It is the hard work and passion that pays off.

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