IIM Lucknow Indian Institute of Management Lucknow (IIML) is one of the oldest and fourth among the group of IIMs established by the Government of India (GOI). IIM Lucknow offers a range of management programs including postgraduate, doctoral, and executive educational programs in the field of management. IIM Lucknow MBA is particularly sought-after by aspiring candidates. IIM Lucknow fees have witnessed a rise of 7.79% since last year, and for 2023 batch IIM Lucknow MBA Fees is INR 20.75 Lakhs. 

 

IIM Lucknow MBA Fees Structure

Particulars PGP-1 (2022-23) PGP-2 (2023-24)
Fees & Expenses Term 1 Term 2 Term 3 Total Term 4 Term 5 Term 6 Total
Admission Fee 100000 0 0 100000 0 0 0 0
Tuition Fee 210000 210000 210000 630000 210000 210000 210000 630000
Infrastructure Fee 115000 115000 115000 345000 115000 115000 115000 345000
Total Fee (A) 425000 325000 325000 1075000 325000 325000 325000 975000
Refundable Deposits 20000 0 0 20000 0 0 0 0
Alumni Membership Fee 0 0 0 0 5000 0 0 5000
Total Fee (B) 20000 0 0 20000 5000 0 0 5000
Total Fee (A+B) 445000 325000 325000 1095000 330000 325000 325000 980000

Infrastructure Fee: Includes computer and network maintenance charges, digital infrastructure maintenance fees, library charges, books and instructional material, hostel maintenance fees, student welfare activity, overheads, etc.

Refundable Deposits: Includes library deposit, computer deposit and mess deposit. This deposit is refundable after deductions if any over the two years.

Alumni Membership: Will be deposited in the Alumni fund

Mess fee will be payable by the students at the start of every term.

 

IIM Lucknow Fees Year-Wise Trends

Batch IIM Lucknow MBA Fees (INR) Average Package (INR)
2023-25 20.75 Lakhs -
2022-24 20.75 Lakhs -
2021-23 19.25 Lakhs 32.20 LPA
2020-22 14 Lakhs 31.03 LPA
 

IIM Lucknow Hostel Fee Structure 

IIM Lucknow Hostel Fees
Without AC INR 3.45 Lakhs
With AC INR 3.87 Lakhs

IIM Lucknow Hostel

IIM Lucknow Fees, Courses, and Eligibility Criteria

IIM Lucknow Courses IIM Lucknow Fees Structure (INR) Eligibility Criteria
MBA-E&I 14.3 Lakhs Eligibility: Bachelor's degree or equivalent with at least 50% marks or CGPA
Selection Process: CAT/GMAT + Personal Interview (PI)
PGPM 20.75 Lakhs Eligibility: Bachelor's degree or equivalent with at least 50% marks or CGPA
Selection Process: CAT + WAT (Written Ability Test) + Personal Interview (PI)
PGP-ABM 20.75 Lakhs Eligibility: Bachelor's degree in agriculture science/engineering or allied subjects with at least 50% marks OR Bachelor's degree with at least 50% marks with at least 2 years of work experience in the relevant field
Selection Process: CAT + WAT (Written Ability Test) + Personal Interview (PI)
PGPSM 20.75 Lakhs Eligibility: Bachelor's degree or equivalent with at least 50% marks or CGPA and with at least two years of professional experience
Selection Process: CAT + WAT (Written Ability Test) + Personal Interview (PI)
PGPWE 11.15 Lakhs Eligibility: Executives with a bachelor's degree or equivalent with at least 50% marks or CGPA and a minimum of 3 years of full-time work experience
Selection Process: CAT/GMAT/GRE/GATE/PGPWE + WAT (Written Ability Test) + Personal Interview (PI)
IPMX 26.25 Lakhs Eligibility: Executives with a bachelor's degree or equivalent with at least 50% marks or CGPA and a minimum of 5 years of full-time work experience
Selection Process: GRE/GMAT + WAT (Written Ability Test) + Personal Interview (PI)
EFPM 7.5 Lakhs Eligibility: Minimum of 55% marks in 10th & 12th, Bachelor degree (non-engineering) with at least 50% marks or CGPA and post-graduation degree with minimum 55% marks OR Graduation(engineering) with a minimum of 65% marks/CGPA
Selection Process: Personal Interview (PI)
FPM - Eligibility: Minimum of 55% marks in 10th & 12th, Bachelor degree (non-engineering) with at least 55% marks or CGPA and post-graduation degree with minimum 55% marks OR Graduation(engineering) with a minimum of 60% marks/CGPA OR any professional qualifications such as CA, ICWS, and CS with minimum 55% aggregate marks
Selection Process: CAT/GMAT + Personal Interview (PI)
 

IIM Lucknow Vs DMS IIT Delhi Vs FMS Delhi Vs IIM Kozhikode Vs XLRI Jamshedpur

College Fee Structure (INR) Average Placement (INR) Ranking
IIM Lucknow 20.75 Lakhs 32.20 LPA 6 (NIRF)
DMS IIT Delhi 11.2 Lakhs 25.82 LPA 5 (NIRF)
FMS Delhi 2 Lakhs 34.1 LPA 8 (BT)
IIM Kozhikode 20.5 Lakhs 31.02 LPA 3 (NIRF)
XLRI Jamshedpur 27.40 Lakhs 32.70 LPA 9 (NIRF)
 

IIM Lucknow Fees FAQs

Ques. Is IIM Lucknow worth it?

Ans.  Absolutely, choosing to invest around 21 lakhs in an MBA program at IIM Lucknow is a prudent choice. The institution boasts a robust reputation and a steadfast presence among the nation's top business schools. The return on investment is substantiated by its significant brand recognition. Over the years, IIM Lucknow has consistently showcased remarkable placement results.

Ques. How much percentile is required in CAT for IIM Lucknow?

Ans. To get a shortlist from IIM Lucknow the students need to score a minimum of 90 percentile in CAT and also need to satisfy the sectional cutoff criteria.

Ques. Is it hard to get into IIM Lucknow?

Ans. To receive a call from IIM Lucknow, candidates must attain a valid CAT score. In addition to the CAT score, the institute takes into account academic performance in the 10th and 12th grades during the shortlisting process. Candidates with more than 60% marks in both the 10th and 12th grades, along with a strong CAT percentile, have a higher likelihood of receiving a call from IIM Lucknow.

Ques. What is the highest package in IIM Lucknow?

Ans. According to the placement reports of IIM Lucknow for 2023, the highest domestic package reached INR 1 crore per annum, the highest international package reached INR 65 lakh per annum, and the average package stood at INR 32.23 lakh per annum.

Ques. How many seats are there in IIM Lucknow?

Ans. IIM Lucknow is offering a total of 491 seats for all its programs (PGP, PGP ABM, PGPSM).

Ques. Is it compulsory to live in a hostel in IIM Lucknow?

Ans. Yes, it is necessary to stay in a hostel in IIM Lucknow for all the students throughout their academic program.

Ques. Are parents allowed inside IIM?

Ans. Yes, parents are allowed to visit IIM and they can stay in the campus guest house, provided they inform the institute in advance, preferably a week or two before their visit.

Ques. Is IIM Lucknow Tier 1?

Ans. Yes, IIM Lucknow is a Tier 1 college in India.

Ques. Which companies visit IIM Lucknow?

Ans. In 2022, over 200 recruiters visited the campus, including prominent companies like Accenture, Barclays, Deloitte, BCG, Amazon, and KPMG among others, making IIM Lucknow a favored destination for placements.

Ques. Can I get into IIM Lucknow with poor academics?

Ans. Similar to many other educational institutions, IIM Lucknow also considers your work experience, assigning it a weightage of 10%. Therefore, if your academic records are not exceptionally strong, excelling in the CAT exam becomes crucial for securing a place at IIM Lucknow.

Ques. What is the fee of IIM Lucknow?

Ans. IIM Lucknow fee for the batch of 2022-24 is INR 20.75 Lakhs for its flagship PGPM Programme.

Ques. What is the hostel fee in IIM Lucknow?

Ans. The accommodation fee for IIM Lucknow's hostel is INR 3.45 Lakhs for a two-year duration. If students opt for air-conditioned rooms, an additional monthly charge of INR 3500 is applicable. IIM Lucknow provides comfortable and fully air-conditioned hostel rooms, catering to both male and female students.

Ques. Can the middle class afford IIM?

Ans. Yes everyone can afford IIMs because financial assistance will be provided and also banks are readily available to offer loans at a very low interest rate.

Ques. Do IIM graduates earn a lot?

Ans. Top IIMs typically offer an average CTC ranging from INR 20-25 LPA, while the newer IIMs provide an average CTC within the range of INR 10-20 LPA.