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Ameer Khatri MBA Consultant

IIM Lucknow IPMX

June 14, 2023

670

Avg. GMAT

30

Avg. Age

8.3 Yrs.

Avg. Exp.

104

Class Size

12 

Months Duration

Table of Contents

What is a good GMAT score for IIM Lucknow IPMX?

Short Answer – The average GMAT score at IIM Lucknow is 670 for the last entering class. If you score above 690, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 

 

Average Employment Salary after IIM Lucknow IPMX?

The average salary at IIM Lucknow IPMX for the last graduating class was ₹ 26,47,000. A 70% increase in post-MBA CTC was seen with majority of class going into consulting (30%), Finance (19%) and technology (21%) oriented functional roles. 

Students received offers in middle and senior-level management positions across various functions. Some positions offered this year were – Director, Client Solution Partner, Engagement Manager, AVP, Chief Manager, Lead Account Manager, Process Excellence Manager, Sr. Product Manager, Project Manager, Regional Sales Manager, Specialist, Sr. Consultant, Sr. Manager etc.

Key Employers

70%

increase in Post-MBA CTC

26,47,000

Avg. Salary

 

30%

Consulting

19% 

Finance

21%

Technology

30% 

others

 

₹ 26,00,000 

Tuition Fee

₹ 5,00,000

Living Cost

31,00,000

Cost of Attendance

Tuition Fees & Scholarship at IIM Lucknow

The Tuition fees for IIM Lucknow’s IPMX is INR 26,00,000 and an additional  INR 5,00,000 is the living cost. 

The fee includes tuition fee, cost of course material, basic accommodation (Single Occupancy Room with a shared washroom) facility on campus, food charges, computing and networking, library services, career counseling, students’ activities and convocation. Other limited accommodation (like furnished room with attached toilet and common kitchen) will be available with additional charges.

Quick Overview & Rankings

90

FT Rankings

NA

Economist

121 

QS Top MBA

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Deadlines

IIML IPMX Application Essays 2022-23

  • Why you wish to pursue the IPMX? (200 words)

  • Please provide any other information that you would like to share in support of your application. (150 words)

  • Please describe 3-5 characteristics that best describe you. (50 words)

  • Please describe your short-term and long-term career goals. (200 words)

IIML IPMX Recommendation Ques. 2022-23

  • How long and in what capacity have you known the candidate? (No word limit)
  • If this is a work-related reference, in what position is/was the candidate employed and for how long? (No word limit)
  • What do you consider to be the candidate’s principal strengths/talents? (No word limit)
  • What do you consider to be the candidate’s weaknesses or areas that need improvement? (No word limit)

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about IIM Lucknow

  • Duly filled-in application form along with application fee (Non-refundable) of INR 5000.
  • Valid Official GMAT/GRE score, the score must be valid till last date of application.
  • A recent, recognizable photograph (4.5cm × 3.5cm) should be uploaded by the candidate in the online application form.
  • Combined scanned PDF of High School Marks Sheet and Certificate.
  • Combined scanned PDF of Intermediate Marks Sheet and Certificate.
  • Combined scanned PDF of all Graduation Marks Sheets and Degree.
  • Combined scanned PDF of all Post Graduation Marks Sheets and Degree.
  • Combined scanned PDF of all Experience, reliving letter and First and last salary slips.

IPMX students represent a diverse group of participants. Successful candidates include those who have worked in the private sector, public sector, government departments, and NGOs (among others), and represent various professions including medicine, architecture, engineering, defense, civil service and entrepreneurship. Past and current students have academic training in various disciplines including science, commerce and the humanities

No. A minimum cut-off score of GMAT/ GRE will be decided. Candidates will be called for WAT and PI based on that minimum cut-off score.

Interviews would be held in major metros depending on the regional spread of candidates

The State Bank of India has provided education loan facility to our past as well as current IPMX batches. IIML does not process any education loan facility directly or indirectly through any bank. The loan application process is between the candidate and the bank. The Institute plays no role either on behalf of the bank, or on behalf of the student.

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Interview Prep

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