There are almost the same given opportunities in both the institutes during summer, Laterals and Final placements. Well, there are two things you need to focus upon:

A few selected firms would not accept ABM students for the process (read Top 3 Consulting and Investment Banks and a certain Indian FMCG firm).

You will have to do ABM courses in your 2nd year with an option to take 2-3 electives, whereas in PGP you will be provided almost 15 electives.

Some facts regarding both institutes so that you can make better choices out of them.

If you want to do Marketing or General Management or end up in consultancy, then IIM L ABM is a good course because ABM 2nd year courses are nothing but Marketing, and so you don't miss out on anything compared to a PGP student. But go for IIM L ABM if you want to seek financing or operations.

Indian Institute of Management Lucknow is a government established business school located in Uttar Pradesh. As the fourth business school after IIM Ahmedabad, IIM Bangalore, and IIM Calcutta, IIM Lucknow is an amazing institute. However, it has been affected by bad politics. But it is still a wonderful college if one knows how to deal with politics along with academics.

It is a well-known fact that people pursue MBA in order to get good placements. Thus, the main aim of students in these colleges is jobs and they are not interested in academics. As a result, professors of the institute are not interested in making them learn.

• Faculty: The faculty at IIM Lucknow is mediocre. Since everyone is concerned about placements, very few students care about faculty or studies.
• Ranking: The institute is one of the most renowned management colleges in the country. It definitely comes under the top 6 management colleges, if not under the top 5.
• Placements: IIM Lucknow has average placements. The highest package for the batch of 2019 was around 16-17 LPA. Which places IIM Lucknow behind at least 15 B-Schools in terms of placement.
• Placement cell: The placement cell lacks proper management. Which results in poor placement. Many students also complain about discrimination, biased decision, politics of the placement cell.
• Alumni: The alumni network of the institute is not that strong. Very few alumni visit the campus or the alumni meet. 
• Gender Diversity: The gender diversity at the campus is good. 
• Societies and committees: Some are work-oriented whereas others just exist. Almost every student joins these groups to add additional points to their CV which will help them in placements.
• Exchange semester: IIM Lucknow has the provision of exchange semester with universities abroad. However, the colleges that have tie-ups with IIM Lucknow for such provisions are not that well-known. 

IIM Lucknow can be rated 2 out of 5 on an average. The rating may vary depending upon individual experience. You can secure decent internship offers and make good friends at the campus.

Well, the placements procedure in IIM Lucknow (IIM-L) is really good and has maintained a decent record throughout the years. The 2020 batch witnessed more than 140 recruiters making 447 job offers to almost 443 students.

One of my friends, studied in IIM Lucknow, has given me an idea regarding this institute's placement process. He told me that around 100 students from this institute were unplaced in the year 2019, even after the renowned company TCS has recruited. Though the numbers have changed drastically in 2020.

However, the lack of transparency in this institute's placement process is the main cause, why IIM-L is sometimes considered weaker than the other IIMs.

You have to make sure that you can end up in the line of the first 150 students, then you can confidently expect recruitment from a popular company.

The average salary offered is quite lower than the salary offered by IIM Indore and IIM Kozhikode.

Thereby, it can be concluded that the student should always be focused on the target to get placement by hook or by crook, although favouritism is always there. Infact, this will help you to be prepared for working in the real corporate world. So, the students should be ready to always excel in their educational performance to secure the best placement.

Remote Summer internship from IIM Lucknow is something that actually excites and amazes you, but if you’re planning to pursue it just because of the IIM tag on it, then you need to wait and read the reviews and suggestions provided by students. 

A friend of mine has successfully completed it and suggested not to go for it due to some specific reasons. First of all, it is not useful as there are about 70-80 students doing the same remote internship. No personal attention is given to students actually in need. 

In the internship program, you have to buy recommended books and a suggested Udemy course as well. Buying a book is enough though it contains all the information and study material you actually need as the same book is used in management courses.

Furthermore, the only good thing about this internship is the online classes and guidance provided by Prof. Sameer Mathur who is one of the best and experienced professors. You can take advantage of his experience and learn new things with simple examples and scenarios. But you need to complete all your assignments and work on your own as the assignments are given on a regular basis including sundays as well. If you really want to complete this internship program then forget about holidays. After successfully completing the internship you’ll get a certificate which will get delivered on your postal address. 

The internship program is open to all and anyone can join the program without any prior skill test which somehow decreases the credibility of this internship program. That’s why it is suggested that if your purpose is to learn only and not the certificate then you can simply buy the recommended books and gain knowledge on your own without spending the extra money on suggested online courses.