Indian Institute of Management Lucknow (abbreviated IIM Lucknow or IIM-L) is an autonomous public business school in Lucknow, Uttar Pradesh, India. It was established in 1984 as the fourth Indian Institute of Management (IIM) by the Government of India. IIM Lucknow offers post-graduate diploma, fellowship and executive programs in management. It is recognized as an "Institution of Excellence" by India's Ministry of Human Resource Development. IIM Lucknow also serves as the mentor institution for the newly established IIM Jammu, IIM Rohtak and IIM Kashipur. It also served as a mentor institute to IIM Sirmaur till 2018.
The institute is on a 200-acre site in the northern outskirts of Lucknow. It also has a second campus on a 20-acre site at Noida exclusively for one year full-time MBA program (IPMX), Two-year PGP for working executive and executive education. The admission for the two-year PGP and fellowship programmes is done through Common Admission Test (CAT), while GMAT score is used for International Programme in Management for Executives, a one-year full-time residential programme equivalent to an MBA program, while admission to the Two-year PGP for working executive program is done based on GMAT score or a competitive written examination conducted by IIM Lucknow.
The shortlisted candidates based on GMAT or the written examination go through the Writing Ability Test and Personal Interview (WAT & PI) to get final selection. The programs are accredited by the global accreditation body AMBA and AACSB. The institute has tie-ups with 24 leading B-schools across the world for student exchange. A number of b-competitions, cultural and sports events are organised by various clubs, academic interest groups and committees throughout the year.
Key Description of IIM Lucknow
Motto Suprabhande Rashtra Samriddhi
Motto in English: Better management towards better nation
Type: Public Business School
Established: 1984; 36 years ago
Affiliation: AMBA, AACSB
Chairman: Natarajan Chandrasekaran
Director: Archana Shukla
Academic Staff: 97
Doctoral Students: 158
Location: Lucknow, Uttar Pradesh, India
Campus: Urban, 200 acres (0.81 km2)
Social Network: Facebook, Twitter, LinkedIn, YouTube
History of IIM Lucknow
IIM Lucknow was established in 1984 and is currently a centrally funded institution. It is the fourth Indian Institute of Management to be established in India (after IIM Calcutta, IIM Ahmedabad, and IIM Bangalore). Noted academician Ishwar Dayal played a significant role in setting up the institution; he served as the founding director of IIM Lucknow for four years. Industrialist Hari Shankar Singhania, who took over as the chairman of Board of Governors in 1992, served until 2007.
The Post Graduate Programme (PGP) was started in 1985–86 with 30 students. When the institute was established, classes were held in rented rooms at Butler Palace and subsequently moved to Giri Institute of Developmental Studies. The current campus was built in 1992 in the outskirts of Lucknow.
Links were made with three foreign universities in 2001 to start the student exchange program. The Agribusiness Course was started in 2004 with 13 students.
In 2005, IIM Lucknow established a second campus at Noida near Delhi. The Noida campus was established exclusively for executive education. IIM Lucknow is the first IIM in the country to start an additional campus.
Campuses of IIM-L
IIM Lucknow main campus spans 200 acres (81 ha) and is in Prabandh Nagar on the outskirts of Lucknow, Uttar Pradesh, India. It is located 16 kilometres (9.9 mi) away from Lucknow railway station and 25 kilometres (16 mi) away from Lucknow Airport. IIM Lucknow also has a city office at Aliganj.
IIM-Lucknow's Noida Campus is spread over 20 acres in Sector-62, NOIDA.
The academic buildings are constructed in medieval Indian architectural style with red brick wall texture. All the major buildings in the campus are named in Sanskrit symbolizing the activities conducted in them. The academic blocks (Bodhigrih-I and II) houses classrooms and seminar halls. The Faculty block (Chintan) houses faculty rooms and Fellowship classrooms. The Library (Gyanodaya) spanning 30,000 sq ft has five reading halls with a seating capacity for 250 people.
The library houses a collection of 40,000 books, 500 periodicals and online subscription to 1600 e-journals and 34 e-databases. The library building houses the computer centre, audio visual lab, Enterprise Resource Planning lab and a videoconferencing hall. The 15,000 sq ft computer centre has a fibre optic backbone network and provides wireless connectivity to all the buildings in the campus.
The Management Development Block (Manthan) catering to the short-term executive programs has exclusive library, computer centre and guest house (Patanjali) for participants. The Centre for Food and Agribusiness Management undertakes agribusiness research and consultancy projects and offers the Agribusiness Management course. The institute has an incubation centre (Abhiyan) for supporting the entrepreneurial plans of its students and alumni.
While the campus has separate sports fields for football, cricket, basketball, volleyball, tennis, and badminton, most of the hostels have their own table tennis and badminton courts. A fitness and recreation centre (Umang) was set up in 2010, which houses a gymnasium, swimming pool, squash, and billiards. The multipurpose utility hall (Samanjasya) hosts most of the cultural activities on the campus.
The campus has a health centre with residential and visiting doctors available around the clock. The centre has an ambulance to reach associated hospitals.
The two guest houses Chanakya and Patanjali have 128 serviced rooms. The campus has a student activities complex with two banks, a medical shop, a travel agency, a supermarket, a post office, a saloon, a coffee shop, an ice cream parlour, and three restaurants. A Central school (Kendriya Vidyalaya) was established opposite the campus as a community school.
Tree plantation campaign is undertaken every year on the foundation day and the campus, which was started in barren lands, has been converted into an ecosystem consisting of peacocks, monitor lizards, snakes, porcupines, monkeys, Great Indian horned owl and other birds. The main campus consists of open lawns and tree lined pathways. Rediff listed IIM Lucknow as one of the beautiful B-school campuses in India.
Academics IIM Lucknow
IIM Lucknow conducts regular two-year diploma program in management, one-year MBA program for Executives (fully residential), Two year MBA program for working executives (partly residential), fellowship program and short-term MDP and executive programs. The management programmes of IIM Lucknow are accredited by London-based AMBA association.
Post graduate education
Structure: The Post Graduate Programme in Management (PGP), Post Graduate Programme in Agribusiness Management (PGPABM), and Post Graduate Programme in Sustainable Management (PGPSM) are full-time residential diploma courses. These are two-year programs, with the first year stretching from June to March in three ten-week trimesters, after which students undergo a two-month summer internship with a company or organisation. The specialisations offered in the second year are Finance, Marketing, Operations, Human Resources, Systems, Strategy and Economics — while the PGPABM course students specialise in Agribusiness. Course of independent study and dissertation are available based on merit.
As a part of student exchange programs, students spend a three-month term in a foreign university in October to December in their second year. Every year around 50 students of IIM Lucknow are selected for the exchange programs based on merit, while around 30 foreign students come to IIM Lucknow.
IIM Lucknow has student exchange relationships with 24 leading B-schools in Europe, USA, Canada, Singapore, and China. The current partner institutions are ESSEC Business School, Ecole De Management, Jean Moulin University, Reims School of Management, European School of Management, Toulouse Business School, Institute National Des Telecommunications, ESC Bretagne Brest, European Business School, Leipzig School of Management, George Mason University, University of Connecticut, McMaster University, Brock University, Carleton University, Louvain Catholic University, Copenhagen Business School, ESADE Business School, Jonkoping International Business School, University of St. Gallen, Bocconi University, MIP Politecnico di Milano, Athens University of Economics and Business, National University of Singapore, Turku School of Economics, University of Amsterdam, Beijing Jiaotong University.
The Dual Degree Program, offered in association with the ESCP Europe business school in France, awards degrees from both institutes after students spend a year in each. About four or five students are selected each year for the program. Students, after completing two trimesters (July–September and October–December) at IIM Lucknow, spend two semesters (January–May and September–December) at ESCP Europe's Paris campus and return to IIM Lucknow to complete the final term from January to March.
The courses are taught under 11 diverse disciplines of Business Environment, Communication, Decision Sciences, Finance and Accounting, Marketing, Human Resource Management, Operations Management, Information Technology and Systems, Strategic Management, Agribusiness Management and Legal Management. Students are trained in management using lectures, case studies, projects, workshops, management games and role plays under a rigorous syllabus. They are evaluated based on examinations, projects, quizzes, presentations, and class participation under a relative grading system. Academic learning is supplemented by live projects, management competitions, guest lectures, and interactions with alumni and industry leaders organised by committees. Students get a chance to provide consultancy to companies and get paid.
Post Graduate Programme for Executives
The International Programme in Management for Executives (IPMX) is an one-year, full-time MBA programme for executives, offered at IIM Lucknow's Noida campus. It only admits candidates with a minimum of five years professional experience. The course consists of four 10-week terms including a term spent at a partner university and a term spent in Lucknow campus.
Fellow Programme in Management
Fellow Programme in Management (FPM) is a research-oriented doctoral-level programme in various domains of management sciences. This programme was started in 2000. Candidates with master's degrees in appropriate discipline or engineering undergraduate degree holders are eligible for admissions. Any professional qualification holder such as CA, ICWA and CS with a minimum 55% aggregate marks can also apply.
Ranking of IIM-L
IIM Lucknow was ranked fourth among management schools in India by the National Institutional Ranking Framework (NIRF) in 2018. In the 2020 NIRF Rankings released on 11 June 2020, it was placed in the fourth position among Management schools.
Admission in IIM-L
Admission to the post graduate programs and fellowship program is done through the Common Admission Test (CAT), which is jointly conducted by the IIMs in the month of November every year. Applications are shortlisted based on CAT scores, scholastic achievement and work experience. The weightage given for each of these components varies each year. The candidates are called for group discussions and personal interviews, conducted in cities in India in the months of February and March. The final selection is based upon the performance in CAT, scholastic achievement, work experience, performance in group discussion, and personal interview. Admissions to the IPMX program are done based on GMAT score, work profile and personal interview. Admission to the PGPM-WE(WMP) program are done based on GMAT score or a competitive written examination conducted by IIM Lucknow. The short listed candidates based on GMAT or the written examination go through Writing Ability Test and Personal Interview (WAT & PI) to get final selection.
Social responsibilities of IIM-L
IIM Lucknow has been involved in many social initiatives in collaboration with NGOs. A separate committee "Bhavishya" was formed to carry out these initiatives. As a part of adult literacy campaign, all the workers and labourers in the campus were taught to read and write. Evening school and career guidance are provided for the underprivileged students of the neighboring villages.
A T20 cricket league tournament called as Harmony Cup is conducted every year with 30 teams involving 250 students. The funds raised from this event is used for social initiatives such as infrastructure development at village schools and orphanages, medical camp, employee welfare and sponsor for education of underprivileged school children.
The institute offers short term MDP programs on environmental management and carbon markets. The Centre of Excellence for Business Sustainability was set up in 2011 that conducts training programs and workshops on business sustainability. The competition Yajna is held in collaboration with many NGOs across India, where students present solutions for issues faced by the NGOs.
Student Life at IIM-L
The Media and Communication Cell (MCC) serves as a communications liaison between the institute and the external world. Synapse, a student committee, develops and maintains IT applications for the institute community.
"Manfest-Varchasva" is IIM Lucknow's annual management, sports and cultural festival held in November. The three-day event hosts many management contests, leadership summits, and other inter college quizzes and sports and cultural competitions. Samvit, the annual leadership summit of IIM Lucknow witnesses some of the financial leaders and economists of the country with whom students get an opportunity to interact.
"Just Tea" and "Gossip and Bite" are two student run food ventures in the campus and are passed on to the next cohort every year.The Entrepreneurship Cell conducts a competition called "Bizness", where all participants are given a seed capital of ₹ 2000 to run any business in the campus for two days and earn profits. The student committee "Credence Capital" runs a mutual fund, in which other students of the batch can invest. The Mess (Annapoorna) is entirely run and managed by students, with the infrastructure provided by the institute and is continuously ranked the best mess among that of all IIMs.
Notable Alumni of IIM Lucknow
- Annamalai K Former IPS Officer, Chief Servant at We The Leaders
- Rajdeep Grewal
- Amitabh Thakur, Social & RTI activist and IPS officer
- Gayatri Iyer, Playback singer
- Shanmughan Manjunath, IOC Manager, who was murdered for opposing Corruption
- Prerna Bhutani, Partner at India Quotient
- Roopa Satish, Country Head , Corporate and Investment Bank at IndusInd
- Abhishek Ganguly, PUMA, General Manager- SE Asia and India
- Amit Banati, Senior Vice President & Chief Financial Officer, Kellogg Company
- Shantanu Deshpande, Founder & CEO, Bombay Shaving Company
- Deepak Garg, Founder & CEO, Rivigo
- Prashasti Singh, Stand-up comedian