Indian Institute of Management Lucknow

History

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.

The institute runs with the mission to help improve management systems with regard to business, industry and public services through pursuit of excellence in management education, research, consultancy and training.

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 leveraging its proximity to 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

IIM Lucknow main campus spans 200 acres (81 ha) and is in Prabandh Nagar on the outskirts of Lucknow, Uttar Pradesh, India. It is at 21 kilometres (13 mi) from Lucknow Railway Station and 31 kilometres (19 mi) 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.

Academic infrastructure

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 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 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.

Social infrastructure

Fully residential, the institute provides housing to its students, faculty and research scholars.

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 gymnasium, swimming pool, Squash and Billiards. The multipurpose utility hall (Samanjasya) is host mosts of the cultural activities on the campus.

The campus has a health centre with residential and visiting doctors available round 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 students 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.

Environmental responsibility

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.

Governance

IIM Lucknow is an autonomous institution established as a registered society under the Union Ministry of Human Resource Development, Govt. of India. The IIM Council acts as an overseeing body to facilitate coordination among the IIMs.

The Board of Governors of IIM Lucknow is chaired by Jamshed J. Irani, the former managing director of Tata Steel. The board consists of 10 industrialists, four Government representatives and three academicians in addition to the director and two deans of the institution.

Administration

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. The institute has three separate deans for academic affairs, planning and development, and Noida campus. Each of the academic programmes is overseen by a faculty chairperson.

The non-academic functions such as Placements, Corporate and Media Relations, Alumni affairs, Admissions and Student affairs are chaired by faculty and assisted by student committees. Office administration is carried out without the involvement of faculty and is headed by the Chief Administrative Officer. The elected body of the students' council coordinates student activities in the campus. IIM Lucknow has achieved 100% summer placements in 4 days.

Controversy on director appointments

MHRD issued a letter in September 2014 (DO 4/4/2013-TS.V)) addressed to Jamshed J Irani, chairman, board of governors, IIM-L. It reads: "Competent authority have directed to assign additional charge of director IIM-L to Prof Srivastava for a period of six months with effect from 09-09-2014 or till appointment of regular director or until further order, whichever is earliest."

The institute did not execute the order and incumbent director Devi Singh who completed his six months of extension period, on September 8 did not leave office even after receiving the letter. As a result, there was confusion at IIM-L campus for almost a week. The allegations against Devi Singh, who served two term as director of IIM-L, ranges from nepotism to mismanagement of accounts. The Central Vigilance Commission also asked the HRD ministry to 're investigate' allegations of corruption against Devi Singh.

In a letter to the higher education secretary, CVC secretary KS Ramasubban has asked the ministry as to why the case against Singh is being closed when specific allegations have not been answered. The CVC has taken exception to the fact that the case is being closed on the basis of an "emotional reply" by Singh. CVC sources said the ministry had taken Singh's reply as final. "Without investigation how can general comments be taken as the final word?" a CVC official asked. CVC sources also said that the institute's Board of Governors had rejected allegations against Singh. "This is not how an investigation is conducted," the CVC official said, adding that the HRD ministry was to be blamed for not following the procedure.

Academics

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

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.

Methodology

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 roleplays 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 a 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 two- to three-week stint at a partner university.

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

Management Development Programmes (MDP) are tailor made programs to train executives in specific industry, government, and non-governmental organisations. 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. A one-year General Management program is offered through virtual classroom. 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 the corporate sector.

Fellowship

Fellow Programme in Management (FPM) is a four-year Doctoral programme in Management started in 2000. Candidates with master's degrees or Engineering undergraduate degrees are eligible for admission. 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.

Rankings

IIM Lucknow was ranked No. 4 by CNBC-TV18's Top B-Schools in India in 2012 and by Hindustan Times in India's top 50 business schools of 2011. The institute was ranked No. 5 by the Business Today in the list of 50 best business schools of 2011 and ranked no. 6 by Careers360's Top Public B-Schools in India in 2016.

Admission

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 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

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 neighbouring 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

The Media and Communication Cell (MCC) serves as a communications liaison between the institute and the external world. This student committee's mission is to ensure that all the student activities and initiatives at IIM Lucknow find quality space in print, electronic and social media. 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. INDEX is an annual fair conducted by students at the Colvin Taluqdars' college grounds, attended by the general public of the city. Game stalls are set up at the fair to carry out disguised market research. 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 restaurants in the campus that were started as student ventures and are sold 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 contiously ranked best mess among all IIM's.

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 classical Indian dances. The institute's dance club "Random Walk" organises dance workshops regularly and performs stage shows during major festivals. The dramatics club "Abhivyakti" performs stage plays and street plays in Hindi and English. The Intracollege sports event called as Sikander is held throughout the year in a league format. The institute sports team participates in most of the popular college sports meets including the Inter-IIM Meet (Sangharsh) held during January every year.

Udyam, an annual industry-academia interaction summit is held at the Noida campus of IIM Lucknow. This event provides a platform where eminent personalities from corporate world & academia can exchange ideas that are going to shape the future of India Inc.

Notable alumni