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Which is a better choice, SPJIMR Mumbai or IIM Lucknow?
Every college has its own list of features that makes it stand out among others. But what matters is which of those aspects aligns with your interests and conveniences. So to facilitate a better decision, I have listed the pros of both colleges.
SPJIMR Mumbai
Location: Located in the center of Mumbai, it enjoys a location advantage over IIM Lucknow. This makes it easier for students to avail opportunities and recruiters to visit the campus regularly.
Low batch size: It has a lower batch size in comparison to IIM Lucknow which means every student is well attended to and the competition is also not that tough.
Marketing: It’s the marketing capital of India with the most reputed marketing firms visiting the campus.
Exposure: It offers a rural stint and international exposure for every student which exposes them to the diversity of the course.
IIM Lucknow
- Infrastructure: In reality, the campus life, infrastructure, and faculty of IIM Lucknow can never be compared to SPJIMR.
- Better crowd: The crowd at IIM Lucknow is much more diverse and talented than SPJIMK because of its rankings and brand image.
- Domain: IIM Lucknow excels in the domains of Consulting, Finance, and General Management, and the respective firms visit the campus regularly.
- Specialization: At IIM Lucknow you get to choose your domain after a year once you have been exposed to all the domains and have identified your interests.
- IIM tag: Once can never boast enough of the IIM tag he will be carrying with himself for the rest of his life.
Weighing the pros of both the colleges make your decision based on which pros you are keen to avail the most.
What are the top consults that visit IIM Lucknow? What are the numbers of hires per top consulting firm at IIM Lucknow?
Instead of going with the conventional approach, let us approach this question differently. This will still be accurate and provide the correct assumptions and statistics as the question demands.
There are 20 IIMs in total and even if all of these institutions have been selecting students for their upcoming batch, the status quo is not more than one-third of the students of a batch of any IIM including IIM Ahmedabad and IIM Bangalore. This is because of factors such as a student’s attitude, previous work experience, and not because of any supply-demand constraints. It is also to be noted that none of the IIMs selects a candidate below 96%ile in CAT.
Out of the total students in a batch at IIM Lucknow, around 150 are fit for consulting roles. Similarly, 100 may be perfect for sales roles and not marketing or any finance roles. Now as we know that 150 students are available for consulting companies, all of these 150 students are made offers by consulting companies visiting the campus and none of the offers gets rejected.
If the richer Investment Banking companies visit the campus, the students will get divided by their preferences as to where to go. But, it was only in the 1990s when Nomura visited the campus of IIM Lucknow making an offer for its global business.
The list of consulting companies visiting IIM Lucknow is as follows: Bain, ATK, BCG, Accenture, McKinsey, Cognizant, HCL, KPMG, E&Y, etc.
How many students Drop out or fail in IIM Lucknow?
The percentage of students who drop out or fail at IIM Lucknow differs significantly by batch.
There have been batches where only a few students dropped out and pursued another interest. At the same time, 10-15 students drop out of each batch because they have goals other than an MBA.
It is a personal factor that over time has an overall impact on the number of students discontinuing class. It says nothing about the institute and says nothing about the batch either. Failure is a matter of one's commitment to learning and education, and the number of students also depends on each student, so taken as a whole, it says nothing negative about the institution. In other words, failing or dropping out depends entirely on the individual and has nothing to do with the institution.
Which IIM is the best between IIM Calcutta and IIM Lucknow?
To begin with, when comparing two IIMs, the question is which is better, not which is the best.
The answer to this question is, of course, subjective.
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IIM Calcutta is a more established institution than IIM Lucknow, and it consistently receives higher rankings. As a result, according to any layman or literate man, it will be better than IIM Lucknow.
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IIM C is superior in terms of finance specialization and placements. IIM L is superior in terms of marketing specialization and placements.
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IIM C is calm, whereas IIM L is frenetic.
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IIM C fees are significantly higher than IIM L fees.
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IIM C has a high percentage of engineers who go there, whereas IIM L has a wide range of academic disciplines.
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IIM C Has more alums than IIM L. This is also a significant feature of how old the college is.
How is XLRI (BM) compared to JBIMS, FMS & IIM L?
XLRI has been ranked 9th for management studies in India by NIRF 2020 whereas FMS, IIM-L has been ranked 35th and 4th position respectively. JBIMS is ranked 23 for MBA by India Today 2019.
Admission:
XLRI:
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XLRI conducts the Xavier Aptitude Test (XAT) every year in the month of January which is followed by PI rounds for admission.
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95% is the cutoff for male candidates to join the BM program whereas 93% in the case of females for the same.
JBIMS:
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CAT exam and PI round must be cleared to get admission at JBIMS with the minimum graduation score of 50%.
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The previous year cutoff for BM was 96%.
FMS:
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FMS considers CAT scores for MBA admission.
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BM at FMS is most likely to have a cutoff of 98%.
IIM-L:
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For admission at IIM Lucknow, one has to clear IIM-CAT.
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The expected cutoff percentile this year would be around 97-99% for BM.
Placement statistics:
XLRI:
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The batch of 2020 recorded 100% placement with 362 overall domestic and international offers.
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The average CTC was recorded to be 26 LPA whereas the highest package was 58.5 LPA.
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Sales & marketing and BFSI were the top sectors where students were placed. 17% of these roles constituted students from Business Management.
JBIMS:
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JBIMS experienced a 17.6% hike in their average salary from the previous year. The average CTC offered this year is 20.13 LPA where 98% of students applied for placement have got placed.
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The best domestic CTC offered in 2020 is 32.3 LPA.
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41% of students got placed at BFSI and IB sectors which includes a majority of BM students.
FMS:
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219 students appeared in the placement session in 2020. Each of them got placed at top-notch companies like Coca Cola, Asian paints, GSK pharma with an average salary of 25.6 LPA.
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58 LPA was the highest CTC offered which is 10% more than the previous year.
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Consulting, General management, and E-commerce were the major domains where 33% of students got placed.
IIM-L:
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443 students got placed from the 2020 batch at IIM-L with an average annual package of 24.25 LPA at companies like Flipkart, Deloitte, Accenture.
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The best CTC offered so far is 54 LPA at IIM-L.
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480 students availed of a summer internship opportunity with an average stipend of 1.2 LPM.
XLRI slightly holds an upper hand for BM when compared to the other three B-Schools. Nonetheless, all four institutes offer quality education, exposure, and good placement.
How do I make the most of my 2 years at IIM Lucknow?
In my opinion, becoming a placement coordinator is the best way to make the most of the 2 years at IIM Lucknow. It lets you avail the best jobs and also you become a kind of head of the students who are just flattering you to land a decent job.
The curriculum is lacking and so are the placement scenarios. IIM Lucknow is the only IIM that never reveals the actual figures. The entire procedure is rigged and controlled by the placement coordinator. So becoming one will make your life easy as you will be scaling maximum benefits through minimal efforts.
What is the CAT cutoff for IIM Lucknow with experience of one year?
Last year, the minimum CAT percentile for IIM Lucknow, for general category students was as follows-
|
PGP |
PGP-ABM and PGP-SM |
||||||
|
VARC |
DILR |
QA |
Total |
VARC |
DILR |
QA |
Total |
|
85 |
85 |
85 |
90 |
80 |
80 |
80 |
85 |
IIM Lucknow invites candidates for WAT and PI rounds based on their composite score. Last year, the composite score was calculated by giving 60% weightage to CAT score, and 10% weightage each to class 12th percentile, graduation percentile and work experience. For final selections, WAT and PI held 10% and 40% weightage respectively. 12 out of 40 was the minimum score required to clear the PI round.
You can check more details on the entire selection process 2023 at IIM Lucknow.
How much minimum CAT percentile do I need to get IIM Calcutta or IIM Lucknow if I have Xth 93, XIIth 73, and BTech 70, without any work experience?
Your graduation score is a bit low but it depends on your institute too. If you are from a top college, then this score will be considered pretty good. Moreover, past academics are not the only deciding factor when it comes to admission to IIMs. You do have decent changes if selection viewing your overall profile.
As for the CAT Score, don’t set a fixed target and just aim for as high as you can. The cutoffs keep changing depending on various factors so what should remain constant are your efforts. Additionally, preparing for the interview is very crucial because it determines your chances of admission.
What is the selection procedure of IIM Lucknow?
- WAT: If you are selected for WAT based on your profile and CAT score, you will likely be contacted to proceed with the process in the city of your choice. The process begins on the scheduled day with a WAT in which you are given 10 minutes to write on a given topic. The subject matter could be abstract, current affairs-related, or, in rare cases, technical.
- GD: After submitting your WAT sheets, you will be asked to participate in a GD on the same topic.
- PI: Following the GD, the same panel will conduct one-on-one interviews with the candidates. The majority of the questions are based on the information you would have provided in your profile on the application, including your educational background, ECA, and work history (if any).
Who are the most approachable professors at IIM Lucknow?
It is difficult to mention one faculty who is the most approachable in IIM Lucknow, but Rajiv Kumar Srivastava is one among the rare.
About Prof. Rajiv Kumar Srivastava:
Qualifications:
- B. Tech. in Mechanical Engineering, Indian Institute of Technology (IIT), Kanpur
- PGDIE (Post Graduate Diploma in Industrial Engineering), NITIE Mumbai
- Ph.D.(IE & OR), Virginia Tech, USA
Research Areas:
He has done his research in Manufacturing and Supply Chain Management in Theory and Practice, IT Applications in Operations Management, pedagogical approaches in Production/Operations Management, and Management Literature.
Recent Research Interest:
- Infrastructural Development by Creating Manufacturing Systems and Enterprise Management Laboratories for teaching/research (through grant-based projects of AICTE/ MHRD) which had resulted in the most comprehensive software for Operation Management in an institution.
- Application of Computer-Based and Analytical Methods in Manufacturing, Indian Context and Best Practices, Enterprise Software Adoption in India, and Developing library collections management.
One of my closest friends attended IIM Lucknow, and Prof. Rajiv Kumar Srivastava used to be his favorite faculty.
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