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How do you rate IIML compared with the IIMs at ABC? Is IIM Lucknow as good as the top IIMs at ABC?
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.
Which one is better: IIM Lucknow or TISS HRM??
IIM Lucknow and TISS HRM are different in terms of course structure and placements. TISS HRM offers better placements in human resource management. Whereas IIM Lucknow provides better jobs in various fields like marketing, finance, general management, consulting, etc.
Specialization - HR:
If HR is your first priority, then go for TISS.
- Companies and firms prefer TISS over IIMs to recruit students for their HR vacancies. Although there might be some HR options at IIML, you will not find diverse job profiles of options in IIML.
- Located in the heart of Mumbai, TISS has fewer students. Thus, it offers good salaried HR jobs to students.
Deciding Factors:
One must take into account his/her aims and goals, before choosing between these two colleges. The following factors must be taken into consideration while choosing.
- Both the institutes provide decent salaried jobs to students. Human Resource jobs might offer less salary at the starting and midpoints. However, the salary differs from companies to companies. After gaining a good amount of experience in the field, this difference in companies will hardly matter.
- You should ask yourself if you want a revenue target-oriented job like marketing and finance or something which has less pressure like HR. HR jobs are less stressful as they don’t have such targets.
- HR work involves indirect revenue generation. The HR job starts with recruitment and after gaining experience it involves compensation management, training, and development, organization design, etc. Thus, you have to decide if you want direct or indirect involvement in revenue generation.
MBA in HR is a specialized degree thus, you may not be able to go to other fields with this degree later in your career. So, take all these factors into consideration before choosing an institute among these two.
Which is best, FMS, XLRI, or IIM Lucknow?
Making a decision about a school is similar to creating a regression model, where the features serve as the parameters and the coefficients represent the students' preferences.
Batch size: The placement at XLRI Delhi is combined with the JSR batch. As a result, the combined batch size (XLRI JSR BM + XLRI JSR HR + XLRI Delhi BM) is quite large but still significantly smaller than IIM Lucknow. FMS is the clear winner in terms of batch size. As a result, FMS > XLRI > IIML.
Group of peers: This is a highly debatable and relative parameter. XLRI has no reservations, and some argue that people are chosen solely on merit, whereas FMS and IIML have more than 50% reservations. As a result, a better crowd.
The CAT score: It is extremely important to FMS. You'll mostly find a more educated crowd there. IIM Lucknow has very diverse selection criteria, similar to IIM Bangalore. In their selection criteria, they consider gender and academic diversity, previous academic records, work experience, and so on, ensuring a consistent and diverse crowd. Now it all comes down to personal preference, FMS > IIML > XLRI.
Tag: IIM Lucknow has an old IIM tag and is well-known worldwide. XLRI and FMS are both very old institutes with strong brand identities. Personal preference once again. IIM > XLRI > FMS.
Campus Life: FMS has no hostels and a very small campus. You're basically a day student there. IIML = XLRI > FMS.
Finance: Lucknow has more financial opportunities than the other two in terms of profiles available and companies visiting campus. FMS >= IIML.
XLRI or IIM Lucknow?
Comparing XLRI and IIM Lucknow in terms of placements can be difficult unless you have personally gone through the process at either institution. Both institutions have a variety of firms that come to recruit from them. However, it depends on your career aspirations and interests. If your focus is on HR, XLRI is the better option. However, if your interests lie in other areas such as marketing and finance, IIM Lucknow may be a better fit as it has more firms that regularly visit across these domains, particularly in consulting.
In terms of infrastructure, IIM Lucknow has better on-campus facilities for both recreation and academics. However, it is worth noting that the infrastructure at both institutions should not present significant problems.
Finally, when considering the alumni network, the IIM tag opens more doors. XLRI is a well-respected brand, but the sheer number of IIM Lucknow alumni in the job market makes it stand out.
In conclusion, the decision between XLRI and IIM Lucknow largely depends on whether or not you want to study HR. If you do, XLRI is the better option, otherwise, IIM Lucknow is a better choice in terms of placements, infrastructure, and alumni network.
What is it like to study in IIM Lucknow?
IIM Lucknow is one of the most renowned business schools in the country. Studying at IIM Lucknow is a one-of-a-kind experience. You will find the library filled with books on different topics, and make many friends and endless memories on campus.
You will have the opportunity to learn from some of the best professors in the country. You can access numerous databases which only the biggest Indian companies can otherwise provide.
The highest package for placement (2021-2023) was 1 CPA and the average package was INR 32.23 LPA.
But the academic pressure might take a toll on you. There will be endless assignments, quizzes, and case competitions. The extensive preparation for the placement drive will cause a lot of stress.
Coming back to the positive side, IIM Lucknow makes sure that its students come from diverse academic backgrounds. The gender diversity on campus is good. You will thus get the chance to interact with India’s brightest minds from diverse academic backgrounds.
IIM Lucknow also has a beautiful campus (one of the best in India as a Business School). The sports block and various committees will help relieve all the stress from studies and the placement drive.
Does ISB have a brand value better than that of XLRI, FMS, or IIM L?
I think I am the right person to answer this question as I have worked with graduates from the aforementioned top B Schools in India and my brother was a student at ISB. With the combined experience and knowledge I have, I dare to comment that ISB is an overhyped B school in India. What makes it stand is its amazing infrastructure, founding members, and the whole Western-style education. However, if you look at its academic style, I don’t find it very appealing. It fails to prepare students well and does not meet the standards of the 4 IIMs (ABCL) and XLRI.
Placements-wise one can comment that ISB is a notch better than XLRI and FMS but it is on the same level as IIM Lucknow.
Ultimately, the brand value of a business school is a matter of personal opinion and is subjective.
What is the placement scenario and scope of the IIM PGP Agri Business Management (ABM) program in general and with special reference to IIM Lucknow?
It depends on the other options available to you. ABM graduates are eligible for many of the marketing and operations jobs that normal PGP students are. Choosing an ABM at any of the top IIMs (including IIM Lucknow) is a better option than a general MBA from a tier 2 business school. Even if you take a drop for CAT, it will be a waste of your year. In an MBA, your college tag makes a big difference. In the long run, the IIM tag will benefit your corporate career a lot.
Which one is better: IIM Indore or IIM Lucknow?
IIM Lucknow has better ranking and placements compared to IIM Indore.
- It is an older IIM and has a huge alumni base spread across industries and geographies. Hence it has better recognition in the industry.
- IIM Lucknow has a smaller batch size compared to IIM Indore. Due to the small batch size, it’s easier for the institute to offer better salary packages and profiles to students.
- IIM Lucknow placements are better compared to IIM Indore. The 2022 placement drive of IIM I ended with an average CTC of INR 31 LPA. While the highest CTC offered was INR 61 LPA.
Both IIMs offer similar ROI.
Between IIM L and XLRI, which is better?
XLRI is the better option among these. The institute has a strong industry presence. According to the recent highlights, XLRI placements are pretty good. During the 2022 placement drive, the average CTC offered was INR 30.73 LPA. While the highest CTC offered was INR 60 LPA.
XLRI is widely reputed across the country. If you check the credentials of multinational brands operating in India, most of them are XLRI alumni.
Student life at XLRI is much better compared to IIM L. The personality development programs of XLRI are pretty good and help students gain management and leadership traits. IIM L has a more traditional approach toward academics.
What is the sustainability management course at IIM L?
IIM Lucknow provides an excellent program in sustainability management (PGP-SM), which is a two-year full-time residential program. It is held in the Noida campus of IIM Lucknow.
The points below give a brief overview of the course and its main objectives.
- The “Going Green” initiative has been an important part of the corporate strategy. In today’s business world, companies perform several operations and look into new ways to address several social and environmental issues. These issues are also addressed along with the economic issues faced in society and industries.
- For solving such modern-day issues, companies are hiring qualified experts who are accustomed to the environmental, societal, and business components of sustainability. So, IIM Lucknow has taken an initiative to generate experts who can understand such issues and generate solutions for the decision-making process in the industry.
- The program of sustainability management focuses on Environmental, economic, and social sustainability.
These are the key highlights of the program of sustainability management in IIM Lucknow. Further details regarding the cut-off, fee structure, process of admission, and placement statistics are given on the institute’s website.
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