IIM Lucknow has announced its Admission Policy for the 2023 selection process of its flagship PGP (MBA), PGP-ABM, and PGP-SM 2023-25 programs, incorporating several changes. The highly ranked institution has reduced the weightage of CAT 2022 exam scores in its shortlisting and final selection processes to 60% and 30%, respectively. Additionally, the CAT cut-off for both the General and reserved categories has been lowered for the first stage of shortlisting, where candidates will be selected for the PI-WAT round.
Aspiring candidates can apply for IIM Lucknow MBA admission through CAT 2022, with the application deadline set for September 14, 2022. This admission policy update covers critical details about the IIM Lucknow selection criteria 2023, program offerings, fees, placements, and the institution's unique selling points.
IIM Lucknow Admission 2023: Key Changes in Criteria
Following are the key changes announced by IIM Lucknow in its shortlisting and final selection process for admission to PGP, PGP-ABM and PGP-SM 2023-25 programmes
- Shortlisting Weight: Reduced Weightage to 60% for CAT 2022 score in Shortlisting 2023
- Section Cut Off: The minimum sectional CAT 2022 percentile required is 85 for PGP and 80 for PGP-ABM & PGP-SM
- Overall CAT Cut Off: Overall CAT 2022 percentile required is 90 for PGP and 85 for PGP-ABM & PGP-SM
- PI-WAT Weightage: PI-WAT round carries 50% weight in final admission 2023
- CAT Weight in Final Section: Weightage reduced further to 30% for CAT 2022 score in final selection for PGP & PGP-SM, and 35% for PGP-ABM
- Work Experience: Minimum 24 Months Work Experience added as eligibility for PGP-SM 2023 Admission.
IIM Lucknow: Key Highlights and USPs
IIM Lucknow is a highly ranked management institute in India. It has lower fee than other top 4-5 IIMs and has high placement record at par with all the top IIMs and other top B-schools. Some of the key highlights of IIM Lucknow are shared below
- Highly Ranked: Ranked 6th in the Ministry of HRD NIRF Ranking 2022 among top 125 Management Institutes in India and is ranked #4 in MBAUniverse.com B-School Ranking 2022.
- Double Crowned International Accreditation: IIM Lucknow has earned two international accreditations. The latest earned Accreditation is from AACSB (Association to Advance Collegiate Schools of Business) while it was already accredited by AMBA (The Association of MBAs). The accreditation has been accorded to its PGP, IPMX and WMP programs without any conditions attached to the accreditation.
- Lowest Fee among Top IIMs: Two years programme fee for the flagship PGP programme of IIM Lucknow is Rs.20.75 lakhs. The fee is much lower than the fee of Rs.23 lakhs charged by IIM Ahmedabad; Rs.25 lakhs charged by IIM Bangalore; Rs.24+ lakhs charged by IIM Calcutta
- High Placements: IIM Lucknow has a consistent 100% placement record with high salary packages. In placement 2022 for 2020-22 batch, average salary was Rs.31.03 lakhs and the Highest salary was Rs.58 lakhs.
- Top Recruiters: Some of the top recruiters in Placement 2022 included Aditya Birla Group, Accenture, Adobe, Bain & Co., Barclays, BCG, Capgemini, Citi, Deutsche Bank, Deloitte, EY, Goldman Sachs, HSBC, Kearney, KPMG, McKinsey, Microsoft, PwC, RPG, Xiaomi
- International Placements: International profiles are offered by Omnibiz, Landmark, Splash among others
- International Exchange: IIM Lucknow International Exchange Programme initiative is a process through which its students can do a part of their studies in 35+ Business Schools located all around the world. At the same time, foreign students and teachers come to IIM Lucknow to understand the working and mindset of one of the potentially largest markets in the world.
- Institute with 2 Campuses: IIM Lucknow has two campuses – its main campus is at Lucknow where it offers PGP and PGP-ABM programmes and another campus is at Noida in Delhi NCR where it offers PGP-SM, Executive Management Programs for working professionals and important faculty development programs also
IIM Lucknow International Partner Institutions
- IIM Lucknow has partnered with many reputed international institutions across the world for student exchange, research, faculty exchange programmes. These institutes abroad are located in North America, Europe, Asia, Africa and in other countries.
- Some of the prominent international partner institutes of IIM Lucknow include McMaster University-Michael G Degroote School of Business, Canada; Kelley School of Business, USA; University of North Texas College of Business, USA; University of Akron, USA; Brock University, Canada; ESSEC Business School, France; NEOMA Business School, France; Turku School of Economics, Finland; ESCP-EAP, European School of Management, France; Bocconi University, Italy; University of St. Gallen, Switzerland; University of Hull, United Kingdom; Athens University of Economics and Business, Greece; Universite Catholique de Louvain (UCL), Belgium; Beijing Jiaotong University, China; National University of Singapore, Singapore; Singapore Management University, Singapore; Ben-Gurion University of the Negev, Israel; Gordon Institute of Business Science, University of Pretoria, South Africa; Lincoln University, New Zealand among others.
IIM Lucknow MBA Programmes
IIM Lucknow offers following three 2 years full time MBA programmes:
- 2 Years Full Time Post Graduate Programme in Management (PGP)
- 2 Years Full Time Post Graduate Programme in Agribusiness Management (PGP-ABM)
- 2 Years Full Time Postgraduate Programme in Sustainable management (PGP-SM)
IIM Lucknow PGP: Specializations
In the second year of the Post Graduate Programme in Management, IIM Lucknow offers choice of Specializations in the areas of Marketing, Finance & Accounts, Strategic Management, Human Resource Management, IT & Systems, Business Environment, Communication, Operations Management, Decision Sciences, General Management
IIM Lucknow Fees: Rs.20.75 Lakhs
- The total programme fees payable by PGP students at IIM Lucknow is Rs 20,75,000/-
- Laptop computer, personal expenses on boarding, travel, clothes and laundry are extra.
- The programme fees for the PGP 2023-2025 batch is likely to be revised
IIM Lucknow: Intake: IIM Lucknow seats are 495 for PGP programmes including PGP, PGP-ABM and PGP-SM
IIM Lucknow Placements 2022
IIM Lucknow concluded final placement 2022 breaking previous record and achieving again 100% placement for the 36th PGP batch 2020-22 and 17th PGP-ABM batch 2020-22. The large batch of students witnessed the participation from domestic and international recruiters. IIM Lucknow has broken its own record in achieving new heights in average and highest salary packages with a rise of 13.72% in highest domestic salary, which has gone up at Rs.58 LPA in Placement 2022 from Rs.51 LPA from last year; 10% rise in International Salary which has gone up at Rs.61.59 LPA from Rs.56 LPA and 19% rise in average salary which has gone up all time high at Rs.31.03 LPA in 2022 from Rs.26 LPA last year. The placement process was conducted virtually .
IIM Lucknow Placement 2022: Key Highlights
- Placement Process was conducted in Virtual Mode both for Recruiters and Students
- Completed 100% Placements in 2 days
- Average Salary has gone up by 19% at Rs.31.03 LPA in Placement 2022 from Rs.26 LPA last year
- Highest domestic salary has gone up at Rs.58 LPA in Placement 2022 from Rs.51 LPA last year
- Highest International Salary in Placement 2022 has gone up at Rs.61.59 LPA from Rs.56 LPA last year
- Median salary in Placement 2022 has gone up by 23% at Rs.29 LPA from Rs.23.5 LPA last year
- Batch of 491 students got 534 placement offers by 150+ marquee recruiters
- Top Domestic recruiters included Aditya Birla Group, Accenture, Adobe, Bain & Co., Barclays, BCG, Capgemini, Citi, Deutsche Bank, Deloitte, EY, Goldman Sachs, HSBC, Kearney, KPMG, McKinsey,Microsoft, PwC, RPG, Xiaomi among others.
- Top International Recruiters included Omnibiz, Landmark, Splash.
IIM Lucknow Eligibility criteria 2023
- IIM Lucknow eligibility criteria require that the candidate must hold a bachelor's degree, with at least 50% marks or equivalent CGPA (in case of the candidate belonging to SC/ST/PwD category, the eligibility criterion is relaxed to 45%
- The candidate should appear in CAT 2022 exam and must score minimum prescribed sectional and overall score to become eligible for admission
- If the candidate is awarded grades/CGPA instead of marks in his academics, the equivalence to determine PGP admission eligibility would be based on the equivalence certified by the institution/university from where the bachelor's degree is obtained. In case the institution/university does not have any scheme for converting the CGPA into equivalent marks, the equivalence would be established by IIM Lucknow by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate.
- A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results is also eligible to apply for IIM Lucknow MBA Admission 2023. Such a candidate must produce a certificate from the principal/head of the department/ registrar/director of the institution/university certifying that the candidate is currently in the final year or is awaiting final results and has obtained at least 50% marks or equivalent (45% in case of the candidate belonging to SC/ST/PwD category) based on latest available grades/marks.
- IIM Lucknow Eligibility further clarifies that such a candidate, if selected, will become ineligible for the IIM Lucknow admission unless he/she submits a certificate latest by June 30, 2023 from the principal/head of the department/registrar/director of the institution/university (issued on or before June 30, 2023) stating that they have completed all the requirements (the result may, however, be awaited) for obtaining the bachelor's degree/equivalent qualification on the date of issue of the certificate.
- It is mandatory for a final year student, who is provisionally considered eligible by IIM Lucknow and offered admission, to submit the mark-sheet and degree certificate of the final year bachelor's degree examination held on or before June 30, 2023. The deadline to submit the mark-sheet and the certificate is December 31, 2023.
- Candidates seeking admission to PGP-SM programme should have minimum 2 years of work experience after graduation.
IIM Lucknow Admission Application Process 2023: How to Apply?
- Application process for admission at IIM Lucknow has opened with the start of CAT 2022 registration process from August 3, 2022
- Candidates have to apply for CAT 2022 by the last date of September 14, 2022
- IIM Lucknow Last Date to apply is same as the last date for CAT registration
- CAT 2022 Registration Fee includes the IIM Lucknow Application Fees
- On the page 4 of CAT 2022 application form, you need to select IIM Lucknow PGP and other programs also and select the interview city
- After declaration of CAT 2022 exam result, you can check at IIM Lucknow website whether you are shortlisted by entering your CAT 2022 registration ID and password
IIM Lucknow Application Fees
There is no separate IIM Lucknow application fees. CAT 2022 registration & Application fee includes the IIM Lucknow application fee as detailed below
IIM Lucknow Admission 2023: Important Dates
IIM Lucknow Admission process 2023 has started with the opening of CAT 2022 registration.
Important dates related to admission activities at IIM Lucknow are as below:
IIM Lucknow Cut off: Preliminary Screening Process
- Preliminary screening to consider Shortlist Eligibility will be done for all the candidates who have opted for IIM Lucknow Admission 2023 through CAT 2022 score. You need to cross the minimum required shortlist Cut off score in CAT exam. IIM Lucknow will consider only those candidates for shortlisting who have scored minimum prescribed cut offs.
- IIM Lucknow Cut off for PGP, PGP-ABM, PGP-SM programmes has been liberalised for admission 2023. Only the candidates above the minimum cut-offs in the CAT 2021 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2021 will be considered for all the subsequent stages. Following are the program-wise and category-wise IIM Lucknow cut off as announced in the Admission Policy 2023 by IIM Lucknow
IIM Lucknow Cut Off for PGP 2023-25
The Post Graduate Programme in Management (PGPM) is the flagship programme offered by IIM Lucknow. It is a 2 year, full time residential programme. The PGP cut offs announced by IIM Lucknow to shortlist the candidates for admission 2023 for this programme are:
IIM Lucknow Cut off for PGP-ABM 2023-25
The 2 year Post Graduate Programme in Agribusiness Management at IIM Lucknow is another important full time residential course designed to develop Agribusiness leaders, entrepreneurs and intrapreneurs with vision, competence and appropriate attitude for promoting/growing agribusiness and agro-based enterprises with a strong international orientation. The CAT 2022 score cut offs to shortlist candidates for final selection round 2023, as announced by IIM Lucknow are:
IIM Lucknow Cut Off for PGP-SM 2023-25
IIM Lucknow’s Postgraduate Programme in Sustainable Management (PGPSM) endevours to produce experts to fill the gap of sustainability issues in industry. PGPSM is a 2 years full time residential programme being offered at Noida campus of IIM Lucknow. The programme is designed to help managers to develop an ethos of environment and social responsibility and equip them with holistic skills to handle varied sustainability challenges. The CAT 2022 score cut offs to shortlist candidates for final selection round 2023, as announced by IIM Lucknow are:
IIM Lucknow Admission Criteria 2023: Exam Accepted, Final selection Process
The admission policy 2023 of IIM Lucknow outlines two step selection process for the candidates. In the first step, IIM Lucknow will shortlist the candidates for Writing Ability Test (WAT) and Personal Interview (PI) from among the candidates who have a valid CAT-2022 score, who have applied to the programme and who satisfy the eligibility criteria for the programme. The second step is the final selection process on the basis of which admission offer will be made. IIM Lucknow Admission Criteria 2023 for all the three PGP, PGP-SM and PGP-ABM programmes will award 60% weight to CAT 2022 score in short listing for PI-WAT.
Stage-1: IIM Lucknow Shortlisting Criteria
IIM Lucknow will shortlist the candidates on the basis of CAT 2022 score, past academic performance, and other criteria. Key details and weightages applied to each component in IIM Lucknow shortlisting criteria 2023 for PI-WAT round before final selection round are as below
- The 1st stage of shortlisting in IIM Lucknow Admission Criteria awards 60% weight to CAT 2022 score, 20% weight to Academics, 10% to Work Experience and 10% to Diversity factor.
- The candidate must have scored minimum sectional percentile of 85 in each of the three sections of CAT 2022 – Quantitative Aptitude' (QA), ‘Data Interpretation & Logical Reasoning' (DILR) and ‘Verbal and Reading Comprehension' (VRC)
- A candidate must have scored minimum overall percentile of 90 in CAT 2022
- If the candidate does not score minimum prescribed percentile in CAT 2022, he/she will not be considered for shortlisting for final selection stage.
- The candidate with excellent academics will be awarded higher points in shortlisting criteria
- 98 & Above percentile marks in Class 12 will be awarded top rating of 10 points out of 100. There will be a zero weightage if the candidate has scored less than 80 percentile in class 12.
- Graduation marks will also be awarded a weightage of 10 points by IIM Lucknow after applying the normalization process to different academic streams like Engineering; Science; Commerce; Arts and others.
- A female candidate will be awarded 5 points out of 100 in the IIM Lucknow shortlisting criteria for final admission round.
- Work Experience will carry a maximum weightage of 10% in the shortlisting criteria of IIM Lucknow for admission 2023. Only paid and full-time work experience of more than 6 months, acquired after completing the Bachelor’s Degree will be counted as on July 31, 2022.
- IIM Lucknow will award a weightage of 5 points for academic diversity. The courses that qualify for the award of weightage on academic diversity are Arts/Humanities, Commerce/ Economics, Physical Education, Law, Medicine/Dentistry, Pharmacology/Pharmacy among others
IIM Lucknow Shortlisting Criteria 2023: Weightage Parameters
Stage-2: Final Admission Selection Round Criteria
Key components in final selection criteria and their respective weightages are shared below:
- All the shortlisted candidates are eligible to participate in Final selection round for admission to IIM Lucknow
- IIM Lucknow selection criteria after final admission round award 40% weight to Personal Interview(PI), 10% weight to Writing Ability Test (WAT); 30% Weight to CAT 2022 score, 10% to Academics, 5% to Work Experience and 5% to Diversity factor.
- The minimum requirement for getting a pass in Personal Interviews is 12 out of 40 marks. Names of candidates who do not pass in PI will not be included in the final merit list.
IIM Lucknow Final Selection Criteria weights for Admission 2023
Subject to the prevailing Covid-19 situation at the time of conducting WAT & PI round, following weightage will be awarded to different components as under:
IIM Lucknow Admission 2023: Step by Step Process
Following 4 steps are included in the IIM Lucknow Admission process 2023:
- Step 1: The candidate must have appeared and scored the minimum required sectional and overall percentile in CAT 2022 to be considered for first stage screening process for admission at IIM Lucknow. Common Admission Test (CAT) 2022 to be held on Nov 27, 2022, is the mandatory exam for IIM Lucknow admission 2023 for PGP 2023-25 batch and for admission to PGP-SM and PGP-ABM programs
- Step 2: Candidates are short-listed for Personal Interview (PI) and Written Ability Test (WAT) from among the candidates who have a valid CAT-2022 score, who have applied to the programme and who satisfy the eligibility criteria for the programme of IIM Lucknow. The Shortlisted candidates must fill in & submit the WAT-PI form online by stipulated deadline else they will not be able to attend the final selection round.
- Step 3: After the WAT & PI round, admission offers are made by IIM Lucknow to successful candidates. The final selection is based on a diverse set of attributes which includes performance in CAT, performance in WAT & PI, academics, co-curricular and extra-curricular achievements, work experience among others
- Step 4: Final Admission Offer will be made to the candidates in the third week of April 2023 on the basis of Final Score arrived after awarding the weightage scores on all the components.
IIM Lucknow Admission 2024
- There are many young students who wish to appear in CAT and apply for IIM Lucknow admission to pursue MBA but they are in the second year or third year of their bachelor’s degree course and are not eligible this year but can apply for IIM Lucknow admission 2024 through CAT 2023. For the last 3-4 years IIM Lucknow admission policy has remained on same lines and it is expected that the IIM Lucknow admission 2024 process will remain on similar lines as this year. You need to begin your CAT preparation and by the time you become eligible to appear in CAT 2023, you would have completed a large part of your CAT exam preparation which will help you score high in the exam and improve your chances for IIM Lucknow admission 2024.
- The Indian Institute of Management Lucknow is fourth in the IIM family of management schools and was established in India after IIM Calcutta, IIM Ahmedabad and IIM Bangalore. The Institute was established in the year 1984. IIM Lucknow moulds its students into value driven leaders, managers and global players. The institute undertakes a diverse range of academic activities aimed at creation, dissemination and application of management knowledge and practice.