Admission to the Indian Institute of Management Lucknow (IIML) requires a bachelor's degree with at least 50% marks and a high score on the GMAT or CAT. The selection process includes shortlisting based on CAT scores, a Written Admission Test (WAT), and a Personal Interview (PI). The Noida campus is accredited by the Association of MBAs, catering to mid-career professionals. The faculty in the IPMX department is highly qualified, with most holding PhDs and possessing corporate and teaching experience.
The one-year IPMX course costs INR 23,80,000, with a refundable deposit of INR 30,000, covering tuition, materials, accommodation, and more. Payments begin with an initial INR 2,80,000 and continue with INR 5,25,000 every two months. Scholarships are available for low-income students, and bank loans can be sought. Despite the cost, the fee structure is flexible and offers value through comprehensive services. IIML provides excellent placement opportunities, with major recruiters like KPMG, Mahindra, and Microsoft.
The program reports an average package of INR 18,82,000 LPA, with offers ranging from INR 25-29 LPA and a peak at INR 54 Lakhs. Notable recruiters include Deloitte, HP, JP Morgan, and EY, with 75 companies participating in the recruitment process. Placements occur mainly from November to December. An international immersion program is available, focusing on live projects, daily quizzes, and case studies rather than internships for working professionals.
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