University of Lucknow MBA : Fees 2026, Course Duration, Dates, Eligibility

Ans. LUMET (Lucknow University Management Entrance Test) is the university’s own entrance exam for MBA admission at IMS-LU. Unlike CAT, which is a national-level exam conducted by IIMs, LUMET is specifically organised by University of Lucknow for its own MBA programmes. Candidates qualified in LUMET are further shortlisted for a personal interview round before final seat allotment.

Ans. IMS-LU offers eight MBA specialisations: Marketing, Finance and Control, Finance and Accounting, HR, International Business, Business Analytics, Family Managed Business and Entrepreneurship, and Tourism and Travel Management. Each specialisation has its own seat intake ranging from 60 to 120 seats. Students choose their specialisation during the counselling round based on LUMET merit rank.

Ans. The 2024 MBA batch from IMS-LU recorded a placement rate of 86% with a median package of INR 14.40 LPA and a highest offer of INR 24.8 LPA. Top recruiters include Amazon, ITC, Tech Mahindra, Kotak Mahindra Bank, Bajaj Capital, Axis Bank, and ICICI Securities. Roles offered include management trainee, business development manager, and financial analyst positions.

Ans. The total fee for MBA at IMS-LU is INR 3,24,000 for the 2-year programme, at INR 81,000 per semester across four semesters. The fee is uniform across all specialisations. This is significantly lower than private business schools offering comparable placement outcomes in the INR 10 to 15 LPA range.

Ans. IMS-LU is ranked 100 in the Management category by NIRF 2025, which gives it a nationally recognised standing among management institutions. While IIM and top private B-school placements are at a higher level, IMS-LU’s NIRF ranking helps candidates access mid-level corporate roles. Recruiters familiar with the ranking tend to have a positive perception of IMS graduates in North Indian markets.

Ans. Yes, students in the final year of their bachelor’s degree can apply for MBA at IMS-LU, provided they complete their graduation before the admission confirmation deadline. The candidate must submit their final year result before or at the time of document verification during counselling. A provisional admission may be granted, subject to meeting the minimum 50% marks requirement upon result declaration.