Indian Institute of Management Lucknow (IIM Lucknow), established in 1984, is one of the premier management institutes in India. Located in the historical city of Lucknow, Uttar Pradesh, IIM Lucknow has earned a reputation for academic excellence, research contributions, and leadership development. Here is an article on IIM Lucknow.
History and Establishment:
IIM Lucknow was the fourth Indian Institute of Management to be established in the country, after IIM Calcutta, IIM Ahmedabad, and IIM Bangalore. The institute was founded with the vision of becoming a center of excellence in management education, research, and consultancy. It began its operations in a temporary campus in 1985 and later moved to its present 200-acre campus in Prabandh Nagar, Lucknow, in 2005.
Campus and Infrastructure:
- Academic Blocks: The institute has well-equipped academic blocks with classrooms, lecture halls, and seminar rooms that are equipped with the latest technology for effective teaching and learning.
- Library: The Central Library at IIM Lucknow is one of the largest business libraries in Asia. It houses an extensive collection of books, journals, databases, and research materials, catering to the diverse needs of students and faculty.
- Hostel Facilities: IIM Lucknow provides comfortable and well-furnished hostel accommodation for students. The hostels are equipped with modern amenities, including recreational areas, gyms, and Wi-Fi connectivity.
- Recreational Facilities: The campus includes sports facilities such as a gymnasium, tennis courts, basketball courts, and a swimming pool, promoting the physical well-being of students.
- IT Infrastructure: The institute boasts a robust IT infrastructure with high-speed internet connectivity, ensuring that students have access to resources for research and coursework.
Academic Programs:
IIM Lucknow offers a wide range of academic programs catering to the diverse needs and aspirations of students. These programs include:
- Post Graduate Program in Management (PGPM): IIM Lucknow’s flagship program, the PGPM, is a two-year, full-time residential program designed to groom students into future leaders and managers. It covers a wide array of management subjects and offers specializations in various domains.
- Fellow Program in Management (FPM): The FPM is a doctoral-level program that focuses on nurturing research scholars in the field of management. It prepares students for academic careers and research positions in both academia and industry.
- Executive Programs: IIM Lucknow also offers executive education programs designed for mid-career professionals. These programs cater to the specific needs of working executives and are offered in various formats, including on-campus, online, and blended learning.
- International Programs: The institute collaborates with renowned international B-schools to offer exchange programs and international immersion opportunities for students, fostering a global perspective.
- Research Programs: IIM Lucknow supports various research initiatives and projects, enabling faculty and students to contribute to the field of management through their research work.
Faculty and Research:
- Finance: Research in finance covers topics such as corporate finance, investment banking, and risk management.
- Marketing: Faculty members conduct research in consumer behavior, marketing strategy, and branding, among other areas.
- Operations Management: Research in this area focuses on supply chain management, operations strategy, and process optimization.
- Human Resource Management: Faculty members contribute to the understanding of HR practices, organizational behavior, and leadership.
- Strategy: Research in strategic management encompasses competitive strategy, corporate governance, and business policy.
- Entrepreneurship: IIM Lucknow promotes entrepreneurship through research, incubation centers, and startup initiatives.
Notable Alumni:
- N. R. Narayana Murthy: The co-founder of Infosys and one of India’s most renowned entrepreneurs.
- Vineet Nayar: Former CEO of HCL Technologies and a thought leader in the IT industry.
- Rajat Sharma: Founder and Chairman of India TV, a leading Hindi news channel.
- Harsha Bhogle: A prominent cricket commentator and sports analyst.
- Piyush Pandey: A renowned advertising guru and Executive Chairman and Creative Director of Ogilvy India.
Impact on Business and Management Education
- Research and Publications: The institute’s faculty and researchers have produced a wealth of knowledge through their publications, influencing the practice of management in India and globally.
- Leadership Development: IIM Lucknow’s emphasis on leadership development has resulted in graduates holding influential positions in top organizations and contributing to the growth of the Indian corporate sector.
- Entrepreneurship Ecosystem: The institute actively supports entrepreneurship and innovation through its incubation centers and initiatives, fostering a culture of entrepreneurship among its students.
- Industry Collaborations: IIM Lucknow has strong ties with industry leaders, leading to collaborations, internships, and placement opportunities for its students.
IIM Lucknow FAQ
IIM Lucknow is widely known for its academic excellence, diverse student community, and strong industry interface. IIM Lucknow was ranked 6th by NIRF 2023 and 4th by IIRF 2023 in the Management Category. The Institute also secured 90th Rank in FT Global MBA 2023 Rankings.
Candidates need to score a minimum of 90 percentile in CAT to participate in the IIM Lucknow admission process for PGP courses. For PGP ASM and PGP SM the overall qualifying cut off is 85 percentile. The CAT cut offs varies category-wise.
At least 99.80 percentile is required to get a call, if you are a fresher male. As you will lose 20 points in the work experience and diversity category and 10 more points if you have less than 80% in 12th. IIM Lucknow gives 60% while making admission calls which is reduced to half in the final selection process.
