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How is your review of Big Data Analytics from IIM Lucknow?
It is true that IIM Lucknow, like many other premier business schools in India, does not have a specific focus on Big Data Analytics. However, it is important to note that this does not necessarily mean that there is no association between IIM Lucknow and Big Data Analytics.
While it is true that IIMs primarily focuses on providing students with a strong foundation in managerial skills, the reality is that the business world is constantly evolving, and new technologies and trends are emerging all the time. Big Data Analytics is one such trend that has gained significant prominence in recent years, and it is a skill that is becoming increasingly important for managers to possess.
It is also worth noting that while IIMs may not have specific courses or programs dedicated to Big Data Analytics, they do offer IT specialization options. These programs may not specifically cover big data, but they do provide students with a solid foundation in IT and technology, which can be beneficial when it comes to understanding and working with big data.
Furthermore, it is not entirely accurate to say that any business school will teach you that having a solid understanding of Excel is all you need. While Excel is an important tool for data analysis and management, it is not the only tool or skill required for working with big data. In fact, big data analytics typically involves working with large sets of data that are too complex to be handled by Excel and requires specialized software and tools such as Hadoop, Spark, and Python.
In conclusion, while IIM Lucknow and other IIMs may not have a specific focus on big data analytics, this does not mean that they do not provide students with the necessary skills and knowledge to work with it. The management skills taught in these institutes along with IT and technology specialization options can be a good foundation to understand and work with it. Additionally, it is a rapidly evolving field and it's important for students to keep updating their skills and knowledge.
How long does it take to pay off the loan for IIM Lucknow for an average student?
The time it will take to pay off the loan for an average student depends on the kind of job you have landed and your personal expenditures and commitments. The other factors that might affect are your lifestyle, dependencies, loan amount, cost of living in your city, etc.
For a high-paying job, (around 20+ LPA), it will take 2 years maximum if you have no commitments, while 3-4 years if you are supporting your family.
For a less-paying job, it will take 3-5 years if you don’t have any commitments, while 5-7 years if you are supporting your family.
So the maximum time taken to pay off the loan is 7 years. Also, there are many EMI calculators available online. You can use them to calculate the exact figures.
Which one should I choose between IIML-ABM and IIM Shillong PGP?
There are almost the same given opportunities in both the institutes during summer, Laterals and Final placements. Well, there are two things you need to focus upon:
A few selected firms would not accept ABM students for the process (read Top 3 Consulting and Investment Banks and a certain Indian FMCG firm).
You will have to do ABM courses in your 2nd year with an option to take 2-3 electives, whereas in PGP you will be provided almost 15 electives.
Some facts regarding both institutes so that you can make better choices out of them.
|
Categories |
IIM Lucknow |
IIM Shillong |
|
NIRF ranking |
4th |
30th |
|
Course Fee |
10.5 lakhs/year |
8 lakhs/year |
|
Highest salary package |
54 lakhs |
48 lakhs |
If you want to do Marketing or General Management or end up in consultancy, then IIM L ABM is a good course because ABM 2nd year courses are nothing but Marketing, and so you don't miss out on anything compared to a PGP student. But go for IIM L ABM if you want to seek financing or operations.
Between IIM Indore and IIM Lucknow, which is best? Which one should I choose for finance?
For Finance, IIM Lucknow will be better. It is older than IIM Indore and offers better career outcomes in the Finance domain.
Reputed consulting companies, Investment banks, and big banks visit IIM Lucknow placements frequently. The job roles offered are similar to that of IIM ABC. During the 2022 placement drive, the average CTC offered in the finance domain was INR 53.34 LPA and the mean salary was INR 32.21 LPA.
IIM Lucknow has more diversified class profile. There’s a good number of Economics majors and CAs in each batch.
What is the Executive General Management Program (EGMP) run by the IIM in Lucknow like?
The Executive General Management Program (EGMP) is a certificate program designed to develop core business skills and competencies for functional managers aspiring to move into a general management role.
Technologists looking to expand their business knowledge and advance to general management responsibilities as business heads should attend the program, as should mid-career professionals with room for growth and graduates with at least five years of experience.
According to UGC regulations, any course lasting less than two years is not considered a post-graduate or degree course. Executive courses are short-term programs that are not considered post-graduate programs. Above that, the programs that IIM offers are delivered by NIIT Imperial and HUGHES Education, which are third parties.
Hi Sir, is IIM Lucknow a better choice when compared to IIM Kozhikode?
My answer is from the perspective of an FPM aspirant. To draw a fair comparison I have considered the following parameters
Hostel:
The hostel facility at IIM Kozhikode is not very good. The first-year students have no married accommodation while the second or third-year students have very limited married accommodation. Sometimes the FPM students are adjusted with PGP students which is very disturbing.
IIM Lucknow has 2 spectate buildings for FPM students. Also, married accommodations are available from the 1 st year itself.
Food:
There is no active mess committee to pay heed to the complaints regarding substandard food. The menu is usually North Indian and is rarely followed properly. Limited South Indian food is available. Options outside the mess are also limited and not as per the taste of many.
IIM Lucknow has an active mess committee that takes care of the food and cleanliness of the mess. The menu has a variety of options and is changed every month to break the monotony. Famous for its food, there are many options to eat outside in Lucknow.
Academics:
The academics are very rigorous at IIM Kozhikode with tight schedules and deadlines. For FPM students, the minimum passing criteria are B- (2.67/4.33) which is 62% passing criteria. Whereas the minimum criteria to award a Ph.D. degree is at least one publication in “B” (ABDC) category journals.
IIM Lucknow has a relatively less rigorous curriculum than Kozhikode. The minimum passing criteria are 50%. Whereas the minimum criteria to award a Ph.D. degree is at least one publication in “C” (ABDC) category journals.
Apart from these major differences, the infrastructure, faculty, and college life are almost the same. So you can make a good choice now.
Is it worth it to spend 15-16 lacs for an MBA from IIM Lucknow?
The total cost to study PGP at IIM Lucknow is around 20.75 Lakhs at present. IIM Lucknow is one of the top preferences of MBA aspirants in India.
Its ROI is quite good because of excellent placements. It offers tremendous opportunities in various domains. Almost all the top companies visit the IIML campus each year to hire candidates. Its curriculum and faculty are both top notch, and its diverse batch means good peer learning.
Though IIMs are heavy on the pocket, their excellent ROI and high academic standards make their fees totally worth it.
How good is IIM Lucknow as compared to IIM A, B, C, and ISB for Consulting and Network Building?
In India, IIM Lucknow is worth far more than ISB, particularly in MNCs and finance/marketing jobs.
The talk of a consulting and network-building pedigree revolves more around their flagship PGPX program and their tentacles in Microsoft and Cisco, both of which recognize the limited role of an MBA in their industry and provide well-defined jumps to ISB graduates back on campus. In the last 2-3 years, IIM Lucknow has done fairly well in global placements, and the sky is the limit for the right student.
It is clear that your decision should be motivated by your prospects of performance at either campus and should be carefully considered.
It is true that those who can balance pressures and perform consistently have an advantage when it comes to placements on campus. Also, mobility in the industry should matter without the help of your b-school label and should be about your performance on the job in making friends. Students from each campus meet everyone on an equal footing in the industry.
Only if you accepted a different field in your campus placement or were assigned a backroom job will you face unequal pressure, as neither pedigree allows you much mobility.
Which is the best coaching for IPM IIM Indore in Lucknow City?
Only someone from an IIM can provide you with better insight, and Educate Next's founders are from IIM Rohtak and FMS Delhi. Educate Next is, in my opinion, the best IPM - IIM coaching (Indore and Rohtak). The curriculum is written by the Directors themselves, and they provide full curriculum details to students when they enroll, making it clear how the approach will be. The best Personality Development and Verbal Ability classes in town.
Another critical point is that the batch size is too small, with a maximum of 20 students. This is extremely beneficial. It is also the most affordable in terms of fees for the quality provided. IMS is also good, but they charge nearly triple the price for the same quality.
Which one should I choose, MDI or IIM Lucknow, Noida campus?
If you want to pursue an MBA in Sustainability Management, you should only visit the IIM Lucknow, Noida Campus (SM). Otherwise, instead of pursuing a specialization in SM, pursue an MBA at MDI Gurgaon, which will provide you with better and more diverse opportunities.
IIM L, Noida Campus, for your information, offers a two-year PGP in Sustainability Management.
The main PGP (MBA) course is only available at the IIM Lucknow campus. So don't be perplexed. IIM Lucknow's Noida Campus is not the same as IIM Indore's (Mumbai Campus).
Executive MBA, Working Manager Program, Management Development Program and other courses are available at IIM L (Noida Campus).
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