Despite everything, IIM Calcutta is a much better business school overall than IIM Lucknow, regardless of the field. However, if you do not receive an offer from Calcutta, you may consider Lucknow. Some companies may not shortlist you because there will be candidates with far superior academic credentials. However, this is not a sufficient reason to avoid attending an IIM. You will have numerous opportunities to enhance your CV within the b-school through academic performance, winning b-school competitions (which often leads to a direct PPI), participating in PORs and other extracurricular activities, live projects, and so on.
Regardless of your prior academic performance, you will almost certainly be better off with an MBA from IIM Calcutta or Lucknow than without one, assuming you don't waste the two years in b-school doing nothing.
For an SCM background, PGDIM from NITIE will be a better option.
NITIE PGDIM focuses on core management and operations, while IIM Lucknow PGP-SM focuses on sustainability management.
For students from an SCM background, learning core management is of greater value. You will learn marketing, HR, and finance in depth.
Sustainability Management focuses on micro and macroeconomics to sustain the business environment. Sustainability Management is becoming increasingly important in management studies.It is becoming popular in the field of management. But the PGP-SM course will not cover core management.
Check for more details on PGDIM Program at NITIE
The Sustainability Management program is an excellent domain with the capability to gain fame quickly. Although it has been launched several years before it is only now that corporations are finally giving it the attention it deserves. In fact, some companies across the spectrum of industries are establishing formal teams to solve this issue.
The level of expertise in this domain is relatively lacking all across - policy making, policy implementation, regulation, etc. This can be seen as an opportunity as it has led to an increased demand for professionals with a formal background in Sustainability Management.
The curriculum includes the foundation management courses along with complex topics like
So in the current scenario, the Sustainability Management program offers ample opportunities to aspiring managers.
Among the above B-schools, FMS will be easier to enter because other IIMs like IIM K, IIM L, and IIM I give more weightage to past academic performance. FMS selection will be based on Personal Interviews, Group Discussions, and CAT scores.
IIM K gives 40% weightage while the initial shortlisting of candidates for Personal Interviews is contrary to IIM L and IIM Indore which gives only 20% weightage. IIM Indore gives no weightage to work experience where IIM K gives only 5% and IIM L gives 10% weightage.
All in all, if you are a mediocre student then you have to outperform others in terms of CAT score and PI/GD performance. Indore is home for freshers and competing here will be difficult but you should focus more on FMS then IIM L and then IIM K for your shortlisting and put your best foot forward and convert your calls.
All the best and Best of luck for your D-day.
Honestly speaking, your chances of getting into IIM Lucknow Calcutta and Kozhikode are scarce unless you score 100 percentile considering your profile. IIM Ahmedabad, Indore and Shillong won’t give you a call even after 100 as their eligibility criteria focuses majorly on past academics which are below average in your case.
IIM Bangalore is unpredictable in its eligibility criteria. It might take students with poor academic backgrounds but good work experience. So if you have none you can forget this chance also.
FMS does not almost consider past academics at all but for that, you need a CAT percentile of more than 99.5. For the safer side a 99.75 might grant you a conversion.
Don’t get demotivated just because of your past academic performance and ruin your future. Rather make the most out of your present life and opportunities.
If someone does not have their heart set on a particular thing, the matter of selection becomes complicated.
An MBA and career specialization can only be chosen once in a lifetime except for a few extremely rare cases.
You must research and read articles about HR and try to answer the questions about if you would like to work at the place because XLRI offers one of the best HR management courses available in Asia. Top firms and Multinational companies recruit for their coveted HR roles from XLRI and if you get enrolled in a small batch, you would be lucky.If you want to have all the options of consulting, marketing, and finance open, IIM Lucknow is the better choice. But then this would imply that you have to maintain a really good profile to sustain the competition at IIM Lucknow. Keep in mind that not all of the 450 students enrolled at IIM Lucknow end up in a Reputed Company.
It’s very open-ended and questions since we don’t know what we are comparing your life at IIML with but this is a very common question that is asked by numerous candidates every year. And it also becomes important because your choices will have long-lasting effects on you. So, I’d try to be as objective as I can be. Other than IIML being one of the premier B-Schools and providing sizeable pay here are a few of the benefits of pursuing your MBA from IIM Lucknow:
Campus life: The college is known for its 185-acre campus with lush greenery and state-of-the-art facilities. The city is generally considered to be a comfortable place with a low cost of living compared to other major cities in India.
Mess food: No matter what you pay, getting good meals at the hostel is a dream of almost all the students but surprisingly enough the food quality of IIML is above average and will leave you amazed.
Batch Size: In normal circumstances, a large batch of students would be a disadvantage for you but in this case having a closed-knit community of nearly 900 students would definitely help you in grooming your overall personality.
If IIM Lucknow doesn't hire you for positions that are relevant to your experience in a 2-year program, it will be harder for you to land the desired positions (though there are exceptions).
The one-year MBA is designed for students with more than five years of experience and offers many benefits, including a balanced and diverse cohort from which you can learn from their past failures and successes. The placement scene for a 5-year-old male would be highly subjective (depending on your past experience, past brand name, etc.) People with less than six years of experience have been offered AVP positions in reputable MNCs. Therefore, it is dependent upon what you bring to the table.
Furthermore, because the 2-year course is 34/35 years old, industry acceptance is much higher than for the 1-year course, which is now in its 13th year.
Before making a decision, weigh your options and speak with as many alumni as possible.
Not every IIM discloses the placement statistics to the public. But we can definitely say that IIM Ahmedabad has the best placement statistics.
|
Institute |
Median Salary |
|
IIM Ahmedabad |
INR 31.49 LPA |
|
IIM Bangalore |
INR 31.20 LPA |
|
IIM Kolkata |
INR 31 LPA |
|
IIM Lucknow |
INR 29 LPA |
|
IIM Indore |
INR 24.09 LPA |
|
IIM Kozhikode |
INR 26.5 LPA |
The table above has tabulated the median CTCs of the institutes you asked for.