Indian Institute of Management Lucknow

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Indian Institute of Management Lucknow
IIM Lucknow Logo.svg
Motto सुप्रबन्धे राष्ट्र समृद्धि (Suprabhande Rashtra Samriddhi)
Motto in English Better management towards better nation
Established 1984
Type Public business school
Religious affiliation Indian Institutes of Management
Chairman Jamshed J. Irani
Director Devi Singh
Dean Manoj Anand (Academic affairs)
Roshan Lal Raina (Planning & Development)
Archana Shukla (Noida campus)
Academic staff 85
Students 1100
Postgraduates 825
Doctoral students 65
Other students 210 (Executive education, part-time)
Location Lucknow, Uttar Pradesh, India
26°56′14.55″N 80°53′57.74″E / 26.9373750°N 80.8993722°E / 26.9373750; 80.8993722Coordinates: 26°56′14.55″N 80°53′57.74″E / 26.9373750°N 80.8993722°E / 26.9373750; 80.8993722
Campus Urban, 200 acres (0.81 km2)
Website www.iiml.ac.in

The Indian Institute of Management Lucknow (abbreviated IIM Lucknow or IIM-L) is an autonomous public business school located 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 recognised as an "Institution of Excellence" by the India's Ministry of Human Resource Development.[1] It is ranked among the top 5 B-schools in India. IIM Lucknow also serves as the mentor institution for the newly established IIM Rohtak and IIM Kashipur.[2]

The institute is situated in a 200-acre site in the northern outskirts of Lucknow. It has a satellite campus at Noida exclusively for executive education. The admission for the post graduate and fellowship programmes is done through Common Admission Test (CAT), while GMAT score is used for the executive MBA program. The programs are accredited by the Global accreditation body AMBA. The institute has tie ups with 24 leading B-schools across the world for student exchange. Many management events, competitions, cultural and sports events are organised by various committees throughout the year.

History[edit]

Photograph of the sculpture of logo at the entrance of the institute
The Entrance, sculpture of logo of the institute

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.[1] Noted Academician Ishwar Dayal played a significant role in setting up the institution, who also served as the founding director of IIM Lucknow for a period of four years.[3] Industrialist Hari Shankar Singhania, took over as the chairman of Board of Governors in 1992, served for a period of 15 years till 2007.[4]

The Post Graduate Programme (PGP) was started in 1985–86 with a strength of 30 students.[4] When the institute was established, classes were held in rented rooms at Butler Palace and subsequently moved to Giri Institute of Developmental Studies.[5] The current campus was built in 1992 in the outskirts of Lucknow.[6] During the initial days, due to its remoteness, students used to walk to the Highway-bypass Junction, which had a milestone saying "IIM Lucknow 3.4 km", to buy amenities and hang out. Some students used to play guitar to entertain others on their walk of 3.4 km. It was in honour of this fact, that the college's official rock band is called as "3.4".[7]

Tie ups were made with three foreign universities in 2001 to start the student exchange program.[8] The Agribusiness Course was started in 2004 with a strength of 13 students.[4] In 2005, IIM Lucknow established a second campus at Noida leveraging its locational advantage of nearness to Delhi.[9][10] The Noida campus was established exclusively for executive education.[11][12] IIM Lucknow is the first IIM in the country to start an additional campus.[13]

Campus[edit]

IIM Lucknow main campus spans 200 acres (81 ha)[14][15] and is located in Prabandh Nagar on the outskirts of Lucknow, Uttar Pradesh, India. It is located at 21 kilometres (13 mi) away from Lucknow Railway Station and 31 kilometres (19 mi) from Lucknow Airport.[16] IIM Lucknow also has a City office at Aliganj.[17]

Academic infrastructure[edit]

Photograph of the academic blok of the institute
Bodhigrih – The Academic Block, that houses classrooms and test halls

The academic buildings are constructed in medieval Indian architectural style with red brick wall texture.[18][19] All the major buildings in the campus are named in Sanskrit[20] symbolising 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 total seating capacity for 250 people.[21] The library houses a collection of 40,000 books, 500 periodicals and online subscription to 1600 e-journals and 34 e-databases.[22] The library building also houses the computer center, 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.[23] The Management Development Block (Manthan) catering to the short term executive programs has exclusive library, computer centre and guest house (Patanjali) for the participants. The Centre for Food and Agribusiness Management undertakes Agribusiness research and consultancy projects and also offers the Agribusiness Management course.[24] The institute has an incubation centre (Abhiyan) for supporting the entrepreneurial plans of its students and alumni.[25][26]

Social infrastructure[edit]

Photograph of the fitness and recreation center of the institute
Umang – The fitness and recreation center

As a fully residential collegiate system, the institute provides housing to its students, faculty and research scholars. While the campus has separate sports fields for Football, Cricket, Basketball, Volleyball, Tennis, Badminton,[27] most of the hostels has its own table tennis and badminton court. A fitness and recreation centre (Umang) was set up in 2010,[28] which houses gymnasium, swimming pool, Squash and Billiards.[29] The multipurpose utility hall (Samanjasya) is used to host most of the cultural activities in the campus.[30]

The campus has a health centre with residential and visiting doctors available round the clock. The centre also has an ambulance to reach associated hospitals.[14][31] The two guest houses Chanakya and Patanjali has a total of 128 serviced rooms.[32] The campus has a students activities complex which houses two banks, a medical shop, a travel agency, a super market, a post office, a saloon, a coffee shop, an icecream parlour and three restaurants.[15][33] A Central school (Kendriya Vidyalaya) was established opposite the campus as a community school.[34]

Environmental responsibility[edit]

Tree plantation campaign is undertaken every year on the foundation day[35] and the campus, which was started in barren lands, has been converted into a natural ecosystem consisting of Peacocks, monitor lizards and a variety of other birds.[7] The college consists of open lawns and tree lined pathways.[36][37] Rediff listed IIM Lucknow as one of the beautiful B-school campuses in India.[19]

Organisation[edit]

photograph of the administrative block of the institute
Samadhan – The Administrative Block

Governance[edit]

IIM Lucknow is an autonomous institution established as a registered society under the Union Ministry of Human Resource Development, Govt. of India.[1] The IIM Council acts as an overseeing body to facilitate coordination among the different IIMs.[38] The Board of Governors of IIM Lucknow is chaired by Jamshed J. Irani, the former Managing Director of Tata Steel.[39] The board consists of 10 industrialists, four Government representatives and three academicians in addition to the Director and two deans of the institution.[40]

Administration[edit]

The Director of IIM Lucknow, the head of the institution, is selected and appointed by the Appointments Committee of the Cabinet of Ministry of Human Resource Development.[41] The institute has three separate deans for Academic affairs, Planning and development and Noida campus.[42] Each of the academic programmes is overseen by a separate faculty chairperson.[42] The non-academic functions such as Placements, Corporate and Media Relations, Alumni affairs, Admissions and Student affairs are also chaired by faculty and assisted by student committees. The office administration is carried out separately without the involvement of faculty and is headed by the Chief Administrative Officer.[42] The elected body of Students' council coordinates all the student activities in the campus.[27]

Academics[edit]

Photograph of the faculty block of the institute
Chintan – The Faculty Block, which houses 80 faculty chambers

IIM Lucknow conducts regular two-year diploma program in management, one year executive MBA program, fellowship program and a number of short term MDP programs. The Management programmes of IIM Lucknow are accredited by London based AMBA association.[43]

Post graduate education[edit]

Structure[edit]

The Post Graduate Programme in Management (PGP) and Post Graduate Programme in Agribusiness Management (PGPABM) 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 intership 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 also available based on merit.[44]

As a part of Student exchange program, students spend three-month term in a foreign university during the period of October to December in their second Year. Every year around 50 students of IIM Lucknow are selected for the student exchange programs based on merit, while around 30 foreign students come to IIM Lucknow.[45][46] IIM Lucknow has made student exchange relationships with 24 leading B schools in Europe, USA, Canada, Singapore and China.[47] 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,[citation needed] Athens University of Economics and Business, National University of Singapore, Turku School of Economics, University of Amsterdam, Beijing Jiaotong University.[45][47]

The Dual Degree Program, offered in association with the ESCP Europe business school in France, awards degrees from both the 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.[48]

Methodology[edit]

The courses are taught under eleven 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.[49] 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.[50] The academic learning is supplemented by the various live projects, management competitions, guest lectures and interactions with alumni and industry leaders organised by the various committees. Students also get a chance to provide consultancy to various companies and get paid.[51][52]

Executive education[edit]

Photograph of the MDP block of the institute
Manthan – The MDP Block, where most of the executive programs are conducted

International Programme in Management for Executives (IPMX) is a one-year, full-time Executive MBA programme, offered at IIM Lucknow's Noida campus. The Programme admits only candidates with a minimum of six years professional experience. The course consists of four 10-week terms including a two to three-week stint at one of the partner universities of IIM Lucknow.[53]

The Working Managers' Programme (WMP), offered at the Noida campus, is a part-time programme designed for executives having a minimum of three years professional experience. It consists of nine terms that stretches for 27 months.[54]

Management Development Programmes (MDP) are tailor made programs to train executives in specific industry, government and non-governmental organisations.[55] These programs, which typically last three to five days, are customised by subject or target group. Around 50 to 60 programs are conducted every year.[56] A one year General Management program is offered through virtual classroom.[57] As a combined initiative with the Ministry of Defence, a six-month General Management Programme is conducted for Defence officers to assist their career transition to corporate sector.[58]

Fellowship[edit]

Fellow Programme in Management (FPM) is a four-year Doctoral programme in Management started in 2000. Candidates with Masters degrees or Engineering undergraduate degrees are eligible for admission.[59] While the mandatory course work is undertaken in the first year and specialisation in the second year, the research thesis starts in the beginning of third year after a comprehensive examination. Students who have completed PGDM from any of the IIMs are admitted directly to the second year. The specialisations offered are Decision Sciences, Economics, Finance and Accounting, Human Resources Management, Information Technology and Systems, Marketing Management, Operations Management and Strategic Management. The institute does not charge tuition fees for fellowship program in addition to providing free hostel facility.[60]

Rankings[edit]

Institute rankings
Business – India
Business Today[61] 5
Hindustan Times[62] 4
CNBC-TV18[63] 4

IIM Lucknow was ranked No. 4 by CNBC-TV18's Top B-Schools in India in 2012[63] and by Hindustan Times in India's top 50 business schools of 2011.[62] The institute was ranked No. 5 by the Business Today in the list of 50 best business schools of 2011.[61]

Admission[edit]

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.[64] The weightage given for each of these components varies each year.[65] The candidates are called for group discussions and personal interviews, conducted in various cities of India in the months of February and March. The final selection is based upon the performance in CAT, scholastic achievement, work experience and performance in group discussion and personal interview.[66] Admissions to the IPMX program are done based on GMAT score, work profile and personal interview.[67]

Social responsibilities[edit]

IIM Lucknow has been involved in many social initiatives in collaboration with NGOs.[68] 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.[69] Evening school and career guidance are provided for the underprivileged students of the neighbouring villages.[70] A T20 cricket league tournament called as Harmony Cup is conducted every year with 30 teams involving 250 students.[71][72] The fund raised from this event is utilised for various social initiatives such as infrastructure development at village schools and orphanages, medical camp, employee welfare and sponsor for education of underprivileged school children.[73][74]

The institute offers short term MDP programs on environmental management and carbon markets.[75] The Center of Excellence for Business Sustainability was set up in 2011 that conducts training programs and workshops on business sustainability.[76] The competition Yajna is held in collaboration with many NGOs across India, where students present solutions for issues faced by the NGOs.[77][78]

Student life[edit]

Photograph of one of the hostels in the institute
Hostel 15, one of the student hostels
Photograph of the multiutility center of the institute
Samanjasya- The multiutility center, which hosts most of the cultural events

Referred to as 'Hel(L)' by the students,[7] life on campus is encompassed by academics, extracurriculars and entertainment. All the cultural programmes, competitions and management events are organised by student committees.[79]

All students are given separate single rooms in hostels with internet connectivity and common TV room. The institute also provides separate accommodation for married students.[80] Every student gets an institute email id through which most of the official communications are carried out.[81] Synapse, a student committee, develops and maintains IT applications for the institute community[82] including an intranet portal called "Blondie".[83]

Manfest is IIM Lucknow's annual management festival held in January. The three-day event hosts many management contests, leadership summits and other inter college quizzes and competitions.[84] PRiSM, the Marketing Cell and the oldest committee on campus conducts self-conceptualized marketing contests round the year to promote interest of students in marketing, the notable ones being MarQuest and M-Day. INDEX is an annual fair conducted by students at the Colvin Taluqdars' college grounds, attended by the general public of the city.[85] Game stalls are set up at the fair to carry out disguised market research.[86] 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.[87]

Many entrepreneurial opportunities exist in the institute for the students. "Just Tea" and "Gossip and Bite" are two restaurants in the campus which were started as student ventures and are sold to the next batch every year.[7] The Entrepreneurship Cell conducts a competition called "Bizness", where all participants are given a seed capital of INR2000 to run any business in the campus for two days and earn profits.[88] The student committee "Credence Capital" runs a mutual fund, in which other students of the batch can invest.[89] The Mess (Annapoorna) is entirely run and managed by students, with the infrastructure provided by the institute.[79][90]

Varchasva, a three-day long event held towards the end of September every year is the annual Cultural and Sports festival of IIM Lucknow.[91] A classical cultural night "Aarohan" is organised by the IIM Lucknow chapter of SPIC MACAY in the month of August. It showcases live shows of classical arts including carnatic, hindustanic, folk, instrumental and various classical Indian dances.[92] The institute's dance club "Random Walk" organises dance workshops regularly and performs stage shows during major festivals.[93] The dramatics club "Abhivyakti" performs stage plays and street plays in Hindi and English.[94] The Intracollege sports event called as Sikander is held throughout the year in a league format.[27] The institute sports team participates in most of the popular college sports meets including the Inter-IIM Meet (Sangharsh) held during January every year.[95]

Notable alumni[edit]

  • Shanmughan Manjunath, IOC Manager, who was murdered for opposing Corruption[96]
  • Gayatri Iyer, Playback singer[97]
  • ANITA GARG, Director and Co-founder, Jade Group, Hong Kong [98]
  • NEERAJ GAMBHIR, MD & Co-Head, FID, Nomura Capital India [99]
  • RAJIV MISHRA, MD, CLP Power India [100]
  • PRABAL CHAKRABORTY, Group Vice President, Johnson & Johnson [101]
  • PANKAJ SALUJA, Partner, Bain & Company [102]
  • RAJAT DHAWAN, Partner, McKinsey & Co. [103]
  • SANJAY THAPAR, President, Ogilvy & Mather [104]
  • MAYUR DANAIT, Chief Information Officer, Lupin Ltd [105]
  • VIVEK GOKARN, MD, Barclays Technology Centre India [106]
  • NISHANT SAXENA, CEO – Elements Akademia [107]
  • SUMEET NARANG, Founder & MD, Samara Capital [108]
  • AJIT THAKUR, Business Head, Sony Entertainment Television [109]
  • KAMESWARA RAO, Partner, PricewaterhouseCoopers [110]
  • ASHISH JAIN, Principal, Booz & Company, New York [111]
  • DEEPAK MISHRA, Principal, McKinsey & Co., London [112]
  • ANJALI MULLATTI, CEO & M.D, Finitiatives Learning India [113]
  • BHARAT RAO, Vice President, Barclays Capital, New York [114]
  • AJAY KAUSHAL, Co-founder & Director, BillDesk [115]
  • DEEPAM SANGHI, Director, Rothschild [116]
  • ANAND LUNIA, Partner, Seed Fund [117]
  • ATUL KUMAR GUPTA, Senior Vice President, Oracle [118]
  • ASEEM BHATNAGAR, Vice President, Citigroup, Canada [119]
  • PRABHAT AWASTHI, MD-Head of Equities Research India, Nomura Securities [120]
  • VISHAL CHADHA, Head – Retail & Customer Marketing, Nokia [121]
  • MAHADEVAN NARAYANAMONI, Partner, Grant Thornton [122]
  • RISHABH SAKSENA, MD, Merrill Lynch Wealth Management, Singapore [123]
  • RATISH TREHAN, Vice President, Lupin Ltd. [124]
  • SAMEER BHARGAVA, Chief Technology Officer, Pure Safety, Nashville [125]
  • VINIT S CHAUHAN, Head, Planning & Analysis, J P Morgan Chase, Singapore [126]
  • AMRESH ACHARYA, Senior VP, RBS Coutts Bank, Singapore [127]
  • TARUN KHANNA, Head-Marketing, Fiat India [128]
  • RAHUL JAIN, Principal, The Boston Consulting Group [129]
  • MANEV MIANWAL, Senior Strategist, Wolff Olins, Dubai

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