One Year MBA at IIM Lucknow: IPMX

  • Name of Business Institute: IIM – Lucknow
  • Name of the Program: IPMX 

Highlights

Course LevelPG Degree
Duration1 year (Full Time)
LocationNoida
Program commencement dateN.A.
Total FeesN.A.
RankingsN.A.
AccreditationN.A.
Highest SalaryN.A.
Average SalaryN.A.
Exams AcceptedN.A.
Average Score For AdmissionN.A.

What is the IPMX Program?

IPMX stands for International Programme in Management for Executives offered by Indian Institute of Management, Lucknow. It is one year full time residential program designed for mid to senior level professionals to brace them for leadership roles. The course was launched in the year 2008 and is accredited by AMBA (Association of MBA’s). To apply for this program, a valid GMAT score is required.

The program embraces the students will all the characteristics of the modern business education in India as well as international business environment. The focal point of curriculum is on the strategic understanding of business & hands-on skill development through industry interface & projects.

Why to consider the IPMX Program?

IPMX is meticulous program which gives abundant opportunities for personal development and professional growth via interactive learning environment.

Noida a part of NCR, which is being the center point of the commercial & business activity, this strategic location also plays the very important role in the learning process. Industry linked assignment & real management surroundings form an integral part of the program curriculum.

The main objectives of the programs are:

  • To nurture & develop the mid to senior level executive for the top management
  • To nurture & evolve the entrepreneurial skills in the professionals
  • To nourish the students with essentials principles of the productive management of modern organizations
  • To nurture & enhance the diagnostic and analytical skills for productive decision making in complex business situations
  • To grow & nourish the understanding of the responsibilities of the business managers in the global nature of economic & social orders and corporate operations
  • To nourish & develop the skills for productive management within multi-cultural environment

Class Profile of IPMX 2020 Batch

  • Number of Students: 101
  • Number of Females students: 28
  • Average year of Work Exp: 8.3 years
  • Average International years of work exp: 2 years
  • Average GMAT Score: 710

Industry Ratio

Automotive2.06%
BFSI6.19%
Consulting12.37%
Healthcare4.12%
Infrastructure2.06%
IT/ITES39.18%
Manufacturing6.19%
Power/Energy/Oil & Gas15.46%
PSU’s5.15%
Others7.22%

Placements of IPMX program of IIML

By the end of the academic year 2019, IPMX registered the un-matched success with 100% placement. Following the legacy, the students of the 11th batch of IPMX exceed into mid to senior management roles, symbol of the acceptance of industry toward the philosophy of IIM Lucknow.

As expected, the students were successful in receiving their desired positions & roles, with 95 percent of them pulling off a higher position shift and 84 percent of them able to make an industry shift. Among the major GM role gained by the students, the stood out were Asst. Vice President, GM – Techno commercial, Program Manager, Senior consultant, Financial controller, Sr. Project Manager, Strategy consultant etc. The diverse nature of the batch also attracted the partners across domain.

The Batch went through an encouraging placement season with

With an average CTC: N.A

And a median CTC: N.A

Course Structure

IPMX program comprise of 23.5 credit courses, out of which 14.5 credits are for core courses, 2 credits for overseas module, and 7 credits for elective courses. 1 credit course comprise of 30 hrs of classroom contact hours. The program also includes 40 hours of non credit workshop. Total number of classroom contact hour of the programs is 745.

Read more about One Year MBA Course Structure at IIM Lucknow

Eligibility

  • Candidates must be a graduate with bachelor’s degree in any discipline or an equivalent degree, with minimum of fifty percent marks or equivalent CGPA.
  • A valid GMAT score acceptance timeline
    • For 1st phase applications – Test given between 16-Nov-2014 to 15-Nov-2019
    • For 2nd phase applications – Test given between 26-Jan-2015 to 25-Jan-2020
  • A minimum 5 years of managerial work experience after completing graduation as on 31-March-2020; candidates will asked to produce the exp certificate or pay slip as proof for verification

Admission Process

Applicants must fill the complete application form & submit it online. Upload the scanned copy of the required documents in support of the attainments in the eligibility criteria. Candidates must submit the complete application form by 15-November-2019 for the 1st phase and 25-jan-2020 for the 2nd phase. Candidates will be asked to provide the contact details along with email id’s of the recommenders. The recommenders will be asked to submit the recommendation letter directly to the admission office. On the basis of GMAT score, applicants will be shortlisted for written test & PI

Final score of the applicants for offer letter will be calculated on the basis of Past Educational Performance, GMAT Score, Work Experience, Interview, Written test performance.

Read more about One Year MBA Admission at IIM Lucknow

Fee

Fee of the IPMX course of IIM Lucknow for the year 2020-21 is INR Twenty Three Lakh Fifty Thousand plus INR Thirty Thousand as refundable caution security deposit.

The above mentioned fee covers the tuition fee, program study material cost, food charges, computing & networking charges, personal career counseling, alumni association cost, and basic accommodation charges on campus.

This fee also covers the academic inputs cost, travel, visa and accommodation during the overseas module. However, the cost of the food, local transport, telephone, internet, and stationery during the overseas module would be borne by the student.

Student can choose the room with attached washroom for an additional cost of INR sixty thousand only. However, such rooms are of limited numbers. Also there are limited number of rooms are available for family accommodations on campus for an additional charge of INR one lakh twenty five thousand only per student.

Payment Schedule

Amount to be submittedLast date of Payment
For students of 1st phaseFor students of 2nd  phase
Rupee 2,50,000 +

Caution deposit of Rupee 30,000

25-January-20205-March-2020
Rupee 5,25,000 +

Add on accommodation charges (if any)

March 2020 – 2nd weekApril 2020 – 1st week
Rupee 5,25,000May 2020 – 2nd weekMay 2020 – 2nd week
INR 5,25,000Week 2nd of September 2020Week 2nd of September 2020
INR 5,25,000Week 2nd of December 2020Week 2nd of December 2020

*all the mentioned above amount is in INR

At the time of issuing the admission offer letter to the applicants, last date for withdrawal will also be announced.

Any withdrawal of candidature by the withdrawal date will attract rupee 25,000 as processing fee and the remaining money will be refunded. If withdrawal request comes after the date of withdrawal, no money will be refunded. Upon joining the program, the entire paid amount is non-refundable.

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Summary
IIM Lucknow - One Year Full Time MBA (International Program In Management For Executives/IPMX)
Article Name
IIM Lucknow - One Year Full Time MBA (International Program In Management For Executives/IPMX)
Description
As per the B-School, at its Noida Campus, IIM Lucknow offers International Program in Management for Executives (IPMX). This is a one-year, full time, post-graduate program  designed for mid / senior level professionals to prepare them for leadership roles in top management.
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One Year MBA
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