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IIM Lucknow Scholarship: Types, Eligibility, How to Apply

IIM Lucknow Scholarship: Types, Eligibility, How to Apply

Edited By Tarun Bisht | Updated on Sep 23, 2024 04:05 PM IST | #IIM Lucknow

IIM Lucknow scholarship provides an opportunity to the underprivileged and candidates with financial constraints to pursue quality education from the prestigious B-School of the country. IIM Lucknow scholarships are part of their financial aid initiative to help needy students. The IIM scholarships are granted by the institute, state, or central government, or any other private organization. The objective of the Institute's Financial Assistance Schemes is to provide adequate financial aid opportunities. No student can avail of more than one scholarship. The eligibility criteria for the IIM Lucknow scholarship 2025 varies from one scheme to another.

IIM Lucknow Scholarship: Types, Eligibility, How to Apply
IIM Lucknow Scholarship: Types, Eligibility, How to Apply

IIM Lucknow Scholarship

IIM Lucknow scholarships that are granted by the institute itself are mostly need-based. The various types of IIM Lucknow scholarship 2025 are mentioned in the table below.

Type of IIM Lucknow Scholarship

Description

Merit-Based IIM Lucknow Scholarship

Given to candidates with extraordinary academic performance at school and graduation level along with exceptional performance in MBA entrance exams.

Need-Based IIM Lucknow Scholarship

Given to candidates coming from poor backgrounds.

Diversity and Gender-Based IIM Lucknow Scholarship 2025

Given to candidates coming from diverse religious and cultural backgrounds.

External IIM Lucknow Scholarship

Given to students by companies that employ MBA graduates to bring new talent into their workspace.

IIM Lucknow Scholarship Eligibility Criteria

The eligibility criteria are significantly different depending on the particular scholarship scheme itself. The eligibility criteria and disbursal criteria would be announced post the admissions. The scholarship is for one year (and no auto-renewal is applicable). The disbursal is done term-wise and is subject to the completion of academic requirements of the term. The basic eligibility criteria for IIM Lucknow scholarship 2025 are given below.

  • A Bachelor’s degree from a recognized university or equivalent institution.

  • Excellent academic records at school and college level.

  • Letter of recommendation from institutions.

  • A justifiable reason to be granted a scholarship.

  • Exceptional performance in various MBA entrance exams such as CAT.

Different IIM Lucknow Scholarships

The different IIM Lucknow scholarships granted to students along with the eligibility criteria are mentioned in the table below.

IIM Lucknow Scholarship

Eligibility

Need-Based Scholarships

This scholarship is granted to candidates having a family income of less than Rs. 4 lakhs annually. Awarded to candidates with a great academic record.

Fellowship Grant

The resident Indian scholars admitted to the PhD programs are given an allowance stipend of Rs. 35,000 per month during the first and second years.

Bharti Scholarship

Awarded to candidates having a family income of less than 1.08 lakhs annually.

Scholarship for SC/ST Students

Provided by the Government of India to the candidates belonging to the SC/ST category. The allowance for every year is Rs. 1500.

Contingency Grant

A grant of Rs. 10,000 for the first two years and Rs. 15,000 for the final two years is provided to the selected candidates.

How to apply for the IIM Lucknow Scholarship

To apply for the IIM Lucknow scholarships follow the steps given below.

  • Visit the official IIM Lucknow website.

  • Go to the fee and financial aid section in the programs section.

  • Check the eligibility and apply for a suitable scholarship.

  • Upload all the required documents like family income certificates, category certificates, etc.

  • Submit the scholarship application form.

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Students can avail of various other scholarships instituted by various Central Governments, State Governments, and other bodies for higher studies. Details regarding the same are available on The National Scholarship Portal or NSP and the respective State Government portals etc.

Frequently Asked Questions (FAQs)

1. Is there a scholarship at IIM Lucknow?

Candidates can avail of the scholarship provided by IIM Lucknow given that they satisfy the eligibility criteria. IIM Lucknow scholarship is a component of the financial assistance of IIM Lucknow that is extended to students in need of assistance.

2. What is the CAT cutoff for IIM Lucknow?

The CAT cutoff for IIM Lucknow is around 90 percentile. At this percentile, candidates can apply to participate in the selection procedure at IIM Lucknow for its MBA program.

3. What is the highest package in IIM Lucknow?

The highest salary package (international) offered at IIM Lucknow is Rs. 1.23 CPA (Crore per Annum). The average package at IIM Lucknow is approximately Rs. 30 Lakhs per annum.

4. What is the fee for IIM Lucknow?

The MBA fee for IIM Lucknow is close to Rs. 20.75 lakhs for the two-year program. The fee is to be paid in different installments before the beginning of each semester.

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Questions related to IIM Lucknow

Have a question related to IIM Lucknow ?

Hi!

MIT-WPU and IIM Lucknow are quite different institutions offering the MBA programme. While MIT-WPU is a private university offers an MBA through its WPU School of Business, IIM Lucknow is a public institution established by the Government of India, and is recognised as the 'Institute of National Importance' . Getting admission to the MBA programme of IIM Lucknow is comparatively more difficult than getting admission in MIT-WPU .

However, given below are some of the points of differentiation between MIT-WPU and IIM Lucknow based on which you can make a decision:

  • Exam Accepted : IIM Lucknow accepts the scores of CAT for its flagship MBA programme while MIT-WPU accepts the scores of various entrance examinations such as CAT, XAT , NMAT, GMAT, PERA, CMAT , MAH-CET, and MAT.
  • Selection Process : IIM Lucknow selection process includes appearance in the CAT followed by the Written Ability Test (WAT), and Personal Interview (PI) while the selection process of MIT-WPU include appearance in any of the entrance examination followed by Group Discussion (GD)/ Extempore, and Personal Interaction (PI).
  • Specialisations Offered : MIT-WPU offers MBA in 11 different specialisations while IIM Lucknow offers only PGP/ PGP ABM/ PGP SM, and MBA Entrepreneurship and Innovation.
  • Fees : The annual fees charged by MIT-WPU for its MBA programme is Rs. 4,55,000 while the programme fees for the MBA programme charged by IIM Lucknow is approximately Rs. 20,00,000.
  • Placements : The placement opportunities offered at IIM Lucknow is far better than placements at MIT-WPU.

You might consider other factors as well according to your wish. But the conclusion is that IIM Lucknow is better option than MIT-WPU . But you need to score an exceptional percentile in CAT to get admission to the MBA programme offered at IIM Lucknow. On another hand, you might get an Interview call from MIT-WPU even at a lower percentile.

Also Check : CAT 2024 College Predictor

Yash 28 September,2024

See, your academics are the most problematic things, as with 75%, 87% in schooling (10th and 12th), and 75% in your graduation, you are in quite disadvantageous position. And since you are in B.Sc, you'll be counted in the same bucket as engineers, you you'll get no diversity points as well.

The best thing will be that you re-attempt CAT after getting some work experience, because workex is the only thing which can counter all the negative things in your CV. All the best!

Hi,

Both MDI Gurgaon and IIM Lucknow are top tier B-Schools of India and getting an oppurtunity to study in any of them is a blessing in disguise. However there are few differences in the courses we must consider:

Course details:

  • PGPM in MDI Gurgaon- PGPM Course is designed to nurture students and help build their managerial and leadership qualities. This programme helps understand social, economic, political and ecological environment of modern society. It helps students become leaders and think out of the box.
  • ABM in IIM Lucknow- The two-year Post Graduate Programme in Agribusiness Management is a 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.

Think about your priorities clearly. If you want to contribute to the agro industries then definitely you should pursue ABM course. Else you can go for PGPM course.


Course details for future reference is given below:

https://www.careers360.com/university/indian-institute-of-management-lucknow/mba-agribusiness-management-course


https://mdi.ac.in/post-graduate-programme/post-graduate-programme-in-management.html



Hope it helps.

Hi,

IIM Lucknow's PGP- Agribusiness Management (ABM) is a two year full time residential course. The course has a seat capacity which changes every year. But overall the seat capacity is close to 55.


Hope it helps

Hi,

IIM Lucknow is one of the top B-Schools of India and it offers many courses. One of the unique courses is PGP in Agribusiness Management (ABM). It is a two year full time residential course designed to develop not only agribusiness leaders, but also entrepreneurs with a vision to promote agro-based businesses even internationally.


The admission process is as follows:

  • The CAT advertisement usually appears in the National dailies in the month of July or August.
  • Common Admission Test is a computer-based test (CBT). For more details about CAT.
  • Candidates are shortlisted for the interview on the basis of their performance in the CAT, scholastic achievement and relevant work experience. Group discussions and interviews are then conducted at Bangalore, Kolkata, Lucknow, Mumbai, New Delhi, and Hyderabad at the end of February onward. Final selection is based on performance in CAT, scholastic achievement, work experience, and performance in the group discussion and interview.

The detailed eligibility criteria is as follows:

  • The candidate must hold a Bachelor’s Degree, with at least 50% marks or equivalent CGPA
  • (45% in case of the candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disabilities (PwD) category) awarded by any of the Universities incorporated by an act of the central or state legislature in India or other educational institutions established by an act of Parliament or declared to be deemed as a University under Section 3 of the UGC Act, 1956, or possess an equivalent qualification recognized by the Ministry of HRD, Government of India.
  • The percentage of marks obtained by the candidate in the bachelor’s degree would be calculated based on the practice followed by the university/institution from where the candidate has obtained the degree. In case the candidates are awarded grades/CGPA instead of marks, the conversion of grades/CGPA to percentage of marks would be based on the procedure certified by the university/ institution from where they have obtained the bachelor’s degree. In case the university/ institution does not have any scheme for converting CGPA into equivalent marks, the equivalence would be established by dividing the candidate’s CGPA by the maximum possible CGPA and multiplying the result with 100.
  • Candidates appearing for the final year of bachelor’s degree/equivalent qualification examination and those who have completed degree requirements and are awaiting results can also apply. If selected, such candidates will be allowed to join the programme provisionally, only if she/he submits a certificate latest by June 30 from the Principal/Registrar of her/his College/Institute (issued on or before June 30,) stating that the candidate has completed all the requirements for obtaining the bachelor’s degree/equivalent qualification on the date of the issue of the certificate.


The total fees for this course is 19.05 lakhs. The institute offers stellar placements in the courses. Median salary goes upto 23 LPA and highest salary goes upto 51 LPA (domestic) and 56 LPA (international).



Hope it helps.

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