IIM Lucknow Offers Post Graduate Programme in Sustainable Management: Gateway to Sustainable Future

Published on : November 3, 2023 Published by : admin
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IIM Lucknow Offers Post Graduate Programme in Sustainable Management: Gateway to Sustainable Future

IIM Lucknow Offers Post Graduate Programme in Sustainable Management: Gateway to Sustainable Future In an era where the world faces pressing economic, social, and environmental challenges, there is an increasing demand for leaders who can navigate the complexities of sustainability. Indian Institute of Management Lucknow (IIM Lucknow) has recognized this need and has introduced a cutting-edge program known as the Post Graduate Programme in Sustainable Management (PGP-SM). In this article, we'll delve into the key aspects of this program, offering students and parents a detailed insight into why this course at IIM Lucknow is a top choice for those seeking a comprehensive education in sustainable management.

Understanding the PGP-SM Curriculum

The PGP-SM at IIM Lucknow is designed to nurture management professionals with a holistic understanding of economic, social, and environmental challenges. In addition to general management courses, the curriculum offers specialized courses in sustainable management principles, sustainability measurement and reporting, systems thinking, lifecycle management, stakeholder management, and public policy.   The program is tailored to equip future leaders with the ability to comprehend the ever-changing and dynamic nature of sustainability issues. It encourages students to develop integrated, holistic approaches to address environmental concerns, fostering responsible and forward-thinking leadership.  

Why Choose PGP-SM at IIM Lucknow?

Below are some of the top reasons that will help you understand. Why students who are looking for a PGP-SM program should be applying for the same course.  

1. Leaders for a Sustainable Society

The director of IIM Lucknow, Archana Shukla, emphasizes that the PGP-SM aspires to develop managers with evolved awareness and abilities to contribute to a sustainable society. This means that the program focuses not only on academic excellence but also on instilling a sense of responsibility and purpose in its students.  

2. Bright Career Prospects

The chairman of PGP-SM at IIM Lucknow, Ashish Aggarwal, highlights the promising job opportunities awaiting graduates. Top consulting firms like McKinsey, Accenture, E&Y, KPMG, and PWC, along with other major companies, actively hire PGP-SM graduates with an impressive average salary of Rs. 30 lakhs per annum. The program boasts a 100% placement record, ensuring a secure future for its students.  

Key Objectives and Features of PGP-SM:

Find out the key objectives and features of PGP-SM below. Program Objectives:
  • Developing awareness of contemporary business challenges, particularly in the context of the environment.
  • Nurturing responsible leadership abilities geared towards addressing sustainability issues.
  • Imparting relevant skill sets that combine sustainability principles with responsible management practices.
  • Providing knowledge and skills in key business functional areas.
  • Encouraging entrepreneurial talents and fostering a global perspective.
  • Transforming participants into catalysts for change in the field of sustainable management.
 

Key Features:

  1. Case Study Methodology:
The PGP-SM course at IIM Lucknow utilizes an interactive learning approach, emphasizing case study discussions, presentations, and role-playing. This methodology ensures that students actively engage with the subject matter and develop critical thinking skills.  
  1. International Immersion Programme:
In the second year of the program, students embark on a global journey, engaging with pioneers from world-class colleges such as Copenhagen Business School in Denmark, Linnaeus University in Sweden, and Maastricht University in the Netherlands. Excursions to prominent companies like IKEA, VOLVO, and Electrolux are also part of this immersive experience.  
  1. Integrated Industrial Projects:
IIM Lucknow boasts strong industry connections, providing students with a unique 9-month integrated live project. This hands-on experience allows students to apply classroom learning in real-world scenarios, bridging the gap between theory and practice.  
  1. Batch Diversity:
PGP-SM welcomes professionals from diverse fields, including IT, and chemicals, construction, power, fashion, medical, and the social sector. This diverse mix of backgrounds fosters peer learning, encouraging a variety of perspectives and ideas.   Certainly, let's expand the article by including information on the advantages and disadvantages of the Post Graduate Programme in Sustainable Management (PGP-SM) at IIM Lucknow, eligibility criteria, availability of similar programs in other colleges, the application process, and what parents should know about the program.  

Advantages of the PGP-SM at IIM Lucknow

Do you know how you can leverage the same program? Check out all the advantages of the program PGP-SM.  
  1. Holistic Education: The program offers a well-rounded education by integrating sustainability principles with general management knowledge, making graduates well-equipped to address complex challenges.
 
  1. High Earning Potential: Graduates of the PGP-SM program enjoy competitive salary packages and excellent job prospects. This can be a major advantage for those seeking financial stability in their careers.
 
  1. Industry Connections: IIM Lucknow's strong industry connections provide students with access to real-world projects and networking opportunities. These connections can open doors for internships, projects, and job placements.
 
  1. Global Exposure: The international immersion program and excursions to renowned companies abroad offer students a chance to gain a global perspective and understand how sustainability is managed on a global scale.
 
  1. Diversity: The program welcomes students from diverse backgrounds, fostering a rich learning environment with a wide range of perspectives and experiences.
 

Disadvantages of the PGP-SM at IIM Lucknow

Find out what are disadvantages of the same program that you may face. This is just to give you an idea. We do not want to demotivate. Please, find the same to prepare in advance.  
  1. Competitive Admission: Admission to IIM Lucknow's PGP-SM program is highly competitive, and not all applicants may be accepted. This can be a disadvantage for those who do not meet the rigorous admission criteria.
 
  1. Intensive Curriculum: The program's curriculum is intensive, which may be challenging for some students to manage, especially if they have other commitments outside of their studies.
 
  1. Location: IIM Lucknow is located in Lucknow, and for students who prefer to study in metropolitan areas, the location may not be ideal.
 

What are the Eligibility Criteria for the PGP-SM Program?

To be eligible for the PGP-SM program at IIM Lucknow, applicants typically need:  
  1. A Bachelor's degree or equivalent in any discipline.
  2. A valid CAT (Common Admission Test) score, which is a common entrance exam for management programs in India.
  It's essential to check the specific eligibility criteria for the current academic year on the IIM Lucknow website as they may evolve over time.  

Availability in Other Colleges

Similar programs in sustainable management and sustainability studies are available at various colleges and universities across India. Some notable institutions offering related programs include the Tata Institute of Social Sciences (TISS), the Indian Institute of Forest Management (IIFM), and the Xavier School of Sustainability. Prospective students should research and compare these programs to find the one that best suits their needs and goals.  

Application Process

Students interested in the PGP-SM program at IIM Lucknow can typically apply online through the official website of the institution. The application process usually involves submitting personal and academic details, CAT scores, a statement of purpose, letters of recommendation, and participating in an interview or group discussion as part of the selection process. Detailed instructions and deadlines can be found on the IIM Lucknow website.  

What Parents Need to Know for PGP-SM Program at IIM?

Parents should be aware that the PGP-SM program at IIM Lucknow is an intensive management program with a focus on sustainability. It offers excellent career prospects, high earning potential, and global exposure. However, it is highly competitive, and admission is based on merit. Parents should support their children through the application process and encourage them to pursue their passion for sustainability and responsible management. Additionally, they can explore financial aid options and scholarships to help with the cost of the program, as management education can be an investment in the future. It's also important for parents to understand the potential benefits of a career in sustainable management and the positive impact their child can have on the environment and society.  

Conclusion

The Post Graduate Programme in Sustainable Management (PGP-SM) at the Indian Institute of Management Lucknow (IIM Lucknow) is a beacon of hope for those aspiring to become leaders in the field of sustainability. With a well-rounded curriculum that combines management expertise with sustainable principles, this program equips students with the knowledge and skills needed to address the world's most pressing economic, social, and environmental challenges.    While it offers numerous advantages, including high earning potential, global exposure, and strong industry connections, it's essential to be aware of its competitive admission process and the intensive curriculum. Moreover, parents can play a crucial role in supporting their children's aspirations and helping them explore financial aid options. By choosing the PGP-SM at IIM Lucknow, students are not just pursuing a program; they are embarking on a path toward a more sustainable future.