The PGPSM course of IIM Lucknow is fairly new, and has a small batch size. The placements for this course are good enough, and the average package is comparable to the flagship PGP course of IIML.
It is quite easy for a college of this stature to get such a small batch of students placed. But PGPSM is conducted from the Noida campus, so the students lose out on the facilities and opportunities available at the main Lucknow campus.
But this course is recommended for those who want to build a career in Sustainable Management.
There are several candidates who have this query of difference between IIM Lucknow and IIM A/B/C. Discussed below is what can be gained in IIM Lucknow, and what are the factors to be missed.
Other than the above points, the placement of IIM Lucknow is as good as top IIM A/B/C, having the same companies recruiting from all the top IIMs. Overall, these factors can help build perspectives for choosing the right institute for CAT rankers and especially, IIM aspirants.
Only two issues were present during your two years at IIM Lucknow, but they were enough to ruin your life.
The placement team at IIM Lucknow is utterly corrupt on a divine level. It is the only IIM where our placement report has never been revealed. Not even the funded numbers released by IIM I & K.
Despite IIM L, being one of the top ten B schools in the country, the overall average and median package offered was INR 31.03 LPA and INR 29 LPA, respectively. After more than a month, 10% of the batch remains unplaced. Deserving candidates are doomed in a system dominated by such greedy and unethical individuals.
The next two years of your education will be spent being tormented by extra assignments whenever a good company visits campus by money-minded, egoistic professors who know nothing and teach an outdated curriculum. Around 10% of professors are divine.
Another 20% are somewhat average and do a good job of teaching, but they are limited by the useless curriculum. However, 70% of the professors are just pitiful; they don't know anything and don't know how to teach it. They are only concerned with making commissions on anything they can in order to sell businesses their useless MDPs.
IIM Kozhikode and IIM Lucknow are both highly reputed institutions in the field of management education in India offering top-quality education. However, they seem to have some differences in terms of their focus areas and curriculum.cIM Kozhikode focuses more on research and academics with an upper hand in the areas of finance and economics. IIM Lucknow on the other hand is known for its focus on management education and its strong reputation in the areas of marketing and human resources. My friend was a student of IIM Kozhikode but stayed at IIM Lucknow for a while so he had a picture of both the institutes.
Both institutes have a strong alumni network and good placement records. Ultimately, the choice between the two will depend on the individual's interests and career goals.
IPMX is the flagship program of the IIM Lucknow Noida campus. It is a one-year residential program designed for mid/senior-level professionals and aims to help them prepare them for leadership roles.
Admission:
Infrastructure:
The Noida campus has excellent faculty and good infrastructure. With a diverse pool of students, the IIML IPMX program provides an excellent peer-learning process. The IPMAX program currently has an alumni base of over 500.
Placement:
In 2019, IPMAX students witnessed almost 100% placement. The average CTC was around 20 LPA and the median CTC was 18 LPA.
WMP is a fantastic course if you are looking to give yourself an edge where you can go beyond the expected. The program is specially designed for working professionals and aims at providing them with the knowledge and skills needed to advance their careers. It is a two-year, full-time program that covers a wide range of management disciplines, including finance, marketing, operations, and strategy.
Short-Time Benefits: Medium or no placement but a high possibility of climbing the corporate ladder or lateral movement along the organization
Long Time Benefit : Improved managerial skills with tools and excellent connections with corporate leaders and people in the industry.
Overall, the WMP program at IIM-Lucknow is well-regarded and can be a valuable asset for working professionals looking to further their careers in management and leadership.
Considering the excellent infrastructure and faculty members these institutes offer, it gets really difficult to choose any one of these for higher studies. However, some of the factors would be helpful for you to make the decision.
Ranking:
XLRI has reportedly ranked 1st among the top private management universities by Outlook India 2020’s evaluation reports. IIM L was ranked 4th by NIRF in 2020 and IIMK was ranked 6th for its MBA program by NIRF in 2020.
Admission:
Aspiring students have to clear exams including GMAT, XAT, and CAT in order to get admission at XLRI for its MBA program. There are around 600 seats available for various streams. The estimated course fee remains to be around 5-10 Lakhs.
Those who want to enroll in the MBA program at IIM K, have to clear the CAT exam.
To take admission to IIM L, students have to clear CAT, GMAT, and GATE. For PGDM courses, students have to clear GMAT, XAT, CAT, and GATE.
Placement:
XLRI:
XLRI offers 100% placements to the students.
Some of the top recruiters are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, Sapient, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, C K Birla, Power Finance Corporation among others.
The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.
IIML:
It offers 100% placement to its students.
The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.
The highest and the medium salary range remain to be around 54 LPA and 23 LPA.
IIMK:
Students get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.
Some of the top recruiters who offer internship and job opportunities are Cognizant, Wipro, Amazon, Airtel, City Bank, Deloitte, Nestle, Bosch, Microsoft, Raymond, and more.
All the institutes offer boys and girls hostel accommodation inside the college campuses. The rooms are spacious and well-equipped with necessities such as an iron bed, almirah, study table, attached bathroom, and more. Apart from these, all the campuses offer modern facilities and advanced digital features with good faculty members.
IIM Lucknow conducted the 2017 CAT after 7 years. The institute is known to be quant-oriented. The quant section is generally most difficult on years, IIM Lucknow set the question paper. But an overall balance is maintained in terms of difficulty. If the quant section is difficult, the other section will be comparably easy.
It is natural for B-Schools to stick to their forte. But that does not mean you need to change your preparation strategy. Rather than trying anything new, you should try to strengthen your skills.
The curriculum that students will follow will be IIM Lucknow's USP.
The time spent on campus at IIM Lucknow, including academics, committees, extracurriculars, and, of course, friends and parties, is one of the most hectic periods a student can experience in the country. At IIML, you work six days a week and have projects, assignments, and exams on Sundays. So you have almost no weekends. It's the equivalent of working three months straight to earn seven days off (term break). The combination of summer heat and winter cold will give you goosebumps.
But, once again, this is what distinguishes the students. They are prepared to thrive and excel in even the most difficult environments.
You should choose IIM Calcutta. It is better in terms of peer group, faculty profiles, ranking across the country and abroad, location, alumni base, and placements. You will get better opportunities at IIM Calcutta.
As per the recent statistics, IIM Calcutta placements for the sales and marketing sector are pretty good. Almost 14% of students received placements in General Marketing and Marketing sector. The average CTC offered by the companies in this sector is INR 29 LPA.
IIM Calcutta also has a better brand value compared to IIM Lucknow. In the long run, you can benefit a lot from that.