Department of Commerce & Business Management, Faculty of Commerce & Management, Integral University, Lucknow

Overview

Integral University, Lucknow (IUL) is home to the Department of Commerce & Business Management, which is ranked in the top 100 private Business Schools in India, and in the top 20 in Uttar Pradesh. The Department offers 5 courses at undergraduate and postgraduate levels, and there are more than 1,500 students enrolled. The first course offered (MBA), initially admitted 55 students; today, it offers four different specializations, similar to those in the top MBA colleges in India: Finance, Marketing, Human Resources, and Information Technology.

The 38 Faculty members of the Department are active in research, both through paper publication and corporate collaborations. Some companies that are engaged in industrial consulting work include Bajaj Finserv, IBM, the Times of India Group, the Association of Certified Chartered Accountants (ACCA; UK), and the Kharkiv National Agrarian University, Ukraine. Academic and research activities for students are supported by state of the art infrastructure, including 60 high powered computers, WiFi and LAN in all classrooms, 26 ICT Enabled Teaching Cabins, and a dedicated Business Research Lab. There are 102 research students in the Department (at PG and PhD levels).

The Center for Career Guidance and Development coordinates all internship and placement activities for BBA and MBA students of Integral University. Even during the pandemic years, the median salary exceeded INR 3 LPA, and prominent campus recruiters include Accenture, Yes Bank, Axis Bank, Amazon, Cipla, and Airtel.

Highlights

Fees

The tuition fees for the different postgraduate degree programs within the Department of Commerce and Business Management, Integral University Lucknow, are as follows:

• MBA: INR 2.5 Lakh (INR 1.25 LPA).
• MBA (Executive): INR 1.25 Lakh.
• MBA (Supply Chain Management: INR 3.6 Lakh (INR 1.8 LPA).
• M.Com.: INR 1 Lakh (INR 50 KPA).
• M.Com. (accredited by ACCA): INR 1.7 Lakh (INR 85 KPA).

The tuition fees for the undergraduate programs within the Department are listed below:

• BBA: INR 2.4 Lakh (INR 80 KPA).
• BBA (Business Analytics, in association with IBM): INR 3 Lakh (INR 1 LPA).
• BBA (Financial Services) and BBA (Supply Chain Management): INR 2.7 Lakh (INR 90 KPA).
• B.Com. (Honors): INR 1.5 Lakh (INR 50 KPA).
• Bachelor of Hotel Management: INR 3.2 Lakh (INR 80 KPA).

The main contributor to the living cost for BBA and MBA students of Integral University Lucknow is the hostel fee. This amounts to INR 95,000 per semester for students who choose single occupancy rooms. Triple occupancy sharing is also available, in which case the semester fee is INR 75,000. In addition, students must also budget for mess fees, shopping for personal items, entertainment, and purchase of academic items (e.g. laptops and textbooks).

Admissions

Students who wish to join the undergraduate or postgraduate degree programs at the Department of Commerce & Business Management, Integral University Lucknow, can either apply offline or online. The offline application involves the following steps:

• Downloading and filling up the application form from the IUL website.
• Making out a Demand Draft (amount: INR 1,000) to the Treasurer, Integral University, payable at the headquarters in Lucknow.
• Sending the DD via post or submitting it in person to the Directorate of Admission & Academics at Integral University.

The online application process has these steps:

• Visiting the online application portal of Integral University Lucknow.
• Creating an applicant account after filling up the required personal and contact details.
• Verifying the email address submitted by entering the correct One Time Password (OTP).
• Filling up the application form online, taking care to enter accurate details of educational history and marks scored.
• Paying the application fee online to complete the process.

Applicants to the PhD program must take part in the Department Entrance Test and submit a research proposal to be considered for selection.

Placements

The Center for Career Guidance & Development is in charge of all placement activities at Integral University Lucknow. It is in charge of four types of opportunities: public sector, private sector, higher education, and international placement, in addition to supporting students who have startup aspirations. It organizes seminars on topics of interest, and training sessions related to soft skills and interview preparation. Finally, it organizes pre-placement talks and interactive sessions with companies to ensure that there is awareness among the students.

The median salaries of all placed PG students (pursuing MBA in Integral University) in the Department in the two most recent years for which data is available were respectively INR 4 LPA and INR 3 LPA. Some of the prominent recruiters (for both placements and internships) include Amazon, Capgemini, CMR Life Sciences, Vodafone, Wipro, Abbott, Airtel, and Aon India.

Cut-Offs

There are no predetermined cut-off marks in the qualifying entrance tests (either CAT, XAT, or IUET), since each counseling round offers seats to a number of candidates, and the cut-off is determined by the total score of the last candidate to be offered a seat. At the end of the whole admission process, each program within the Department of Commerce and Business Management releases its final cut-off.

However, applicants to each course must satisfy certain minimum requirements in terms of the aggregate percentage in the qualifying examination. For example, applicants to the MBA program must have an average undergraduate percentage above 50%.

Faculty & Alumni

The Department is home to 38 highly qualified Faculty Members, of which 28 hold PhD degrees. Each professor specializes in multiple business disciplines: for example, Corporate Accounting, Applied Economics, Human Resource Management, International Marketing, Hotel Management, International Trade, and Business Law.

In addition to corporate consulting, Faculty members of the Department of Commerce & Business Management have been recognized for their excellence in research activities. For example, multiple patents have been awarded to Professors of the Department, and they have also won the Best Indian Research Paper Award (in 2022), and the Award for Excellence in Education (2022).

Distinguished alumni of the Department are employed in several senior roles in Business Management, including Business Development Executive, Marketing / Human Resources Executive, Director, and Sales Manager roles. They are employed in Fortune 500 companies, blue chip banks, and top startups, including Videocon, Eureka Forbes, and Axis Bank. This places the Department in the league of best MBA colleges in India.

Scholarships

Students of the Department of Commerce & Business Management, IUL, receive financial aid from both the University and external sources to fund their studies. 35 out of 301 PG students (MBA and M.Com.), or a little above 11%, receive full tuition fee scholarships, most of them from various IUL schemes for meritorious and needy students. Some of the main scholarships include:

• Merit Based Scholarships: There are several tiers based on the aggregate percentage in the qualifying examination (Standard XII for UG courses, Undergraduate for PG courses). They are:
  • 100% tuition fee waiver: 90% or above.
  • 50% tuition fee waiver: 85% - 90%.
  • 25% tuition fee waiver: 80% - 85%.
• Sibling Scholarships: Brothers or sisters of current students or alumni will receive a flat 25% reduction in tuition fee. This is also applicable to children and wards of staff members of Integral University.
• Regional Scholarships: Students from Jammu & Kashmir or any Northeastern State of India are eligible for 25% tuition fee waivers.
• Integral Research Fellowship: The first ranker in the Management PhD entrance test will receive a stipend of INR 6,000 per month.
• Means Based Scholarship: This is awarded to students who suffer from financial hardships. The amount is variable, and depends on the income statements provided during the application process.
• Other 25% Scholarships: 25% tuition fee waivers are also available to specially abled students, MBA and M.Com. students who completed their undergraduate studies from Integral University (Progression Scholarships), and students who have been recognized by the Ministry of Youth Affairs and Sports, Government of India, and are domiciled in Uttar Pradesh.

Preparation & FAQs

Candidates who have not given the CAT, MAT, or any other recognized national level aptitude test must appear for the IUET entrance test. Preparation for this is similar to that for the CAT; students should ideally spend up to a year attending part time coaching classes or studying online, and should aim to give at least 10 mock tests before the exam date so as to be able to manage time. Many of the undergraduate programs in the Department do not have Personal Interviews as a compulsory round of selection (e.g. B.Com.); in such cases, candidates should concentrate on their Standard 12 Board Examination preparation so as to maximize their qualifying percentage.

Frequently Asked Questions (FAQs)

Q. What are the benefits of studying MBA in Integral University?

Integral University offers widespread industry interaction opportunities, with strong internships and placements, with a median placement package above INR 3 LPA.

Q. Which is the best Business School in Lucknow?

The Department of Commerce & Business Management, Integral University Lucknow, is among the top private Business Schools in the city and the state of Uttar Pradesh, with a rank of 94 among all Management Institutions in India in the latest IIRF Ranking of best MBA colleges in India.

Q. How much does it cost to study BBA in Integral University Lucknow?

The annual tuition fee for BBA students of Integral University Lucknow ranges from INR 80,000 to INR 100,000 per year, depending on the specialization. Students who live in the hostel must pay additional annual fees of INR 75,000 to INR 95,000, depending on the room occupancy.

Q. What extracurricular activities are available for students of Integral University Lucknow?

Student life in the Commerce and Business Management Department of Integral University Lucknow is vibrant, with several events organized on a weekly basis, from entrepreneurship festivals to cultural activities. Sports meets between Departments are also frequent, with both Cricket and Badminton fixtures.