IIM Lucknow Placements 2023: Average Package: INR 31.03 LPA & Highest Package: INR 61.59 LPA

It depends on the other options available to you. ABM graduates are eligible for many of the marketing and operations jobs that normal PGP students are. Choosing an ABM at any of the top IIMs (including IIM Lucknow) is a better option than a general MBA from a tier 2 business school. Even if you take a drop for CAT, it will be a waste of your year. In an MBA, your college tag makes a big difference. In the long run, the IIM tag will benefit your corporate career a lot.

People with more than four years of experience were given one of the best placements at IIM Lucknow. You should remember that your work, experience, and area of interest are always factors in your placements. Indeed, work experience, whether relevant or irrelevant, is always a plus.

The reasons for this are straightforward:

• You know the industry better than any newcomer.
• You've been exposed to corporate culture, so you're definitely cultured.
• Whatever work you have done up to this point has undoubtedly taught you people management skills.

You have an advantage over freshmen on campus, but you must also make good use of your campus time. Yes, jobs in sales, FMCG, and so on are unlikely to shortlist you. You will almost certainly receive shortlists from consulting firms, marketing profiles, and finance profiles.

• Students who have graduated from IIM LIK can catch up to IIM ABC relatively easily or may end up at the same level by the end of their postgraduate program. IIM Trichy will eventually catch up with IIM LIK, though it may take around 5 years. IIM Ranchi, on the other hand, will take longer to reach the same level.
• IIM LIK catching up with IIM ABC may take 3-8 years. With the presence of good FMCG/Consulting/Financial Services Companies, a jump or two could bring them to the same level. IIM Trichy and Ranchi will take a very long time to catch up with IIM ABC in this category.
• The top 10% of students from IIM LIK and IIM ABC evolved as toppers after at least 18 months of hard work. There will be a significant difference between anyone in this category, regardless of whether they are from IIM ABC or LIK. While there may be a difference in starting packages due to the reputation of the institute, it will be made up for in subsequent years. It is not clear how long it will take for students from IIM Trichy or Ranchi to reach this level.

IIM Lucknow PGPSM (Post Graduate Programme in Sustainable Management) specializes in sustainability and environmental management. The program prepares students to address sustainability issues in many businesses.

Top companies have recruited IIM Lucknow PGPSM graduates for years. Graduates work as sustainability consultants, environmental analysts, project managers, and corporate sustainability officers. This year we saw an increase in Median CTC from 17 LPA to Rs 18 LPA. 

Deloitte, KPMG, PwC, EY, ITC, Mahindra & Mahindra, Tata Steel, and others recruit IIM Lucknow PGPSM graduates. These companies offer a variety of sustainability consulting, environment management, and corporate sustainability positions.

The institute's Entrepreneurship and Incubation Centre helps students start sustainable businesses. PGPSM graduates have founded sustainability-related businesses and social enterprises.

IIM Lucknow's PGPSM graduates have good job prospects in sustainability and environmental management. The institute has a strong industry-academia interface, which ensures that the curriculum is aligned with industry requirements, and students are well-prepared for the job market.

The below table represents the year-wise trends of IIM Lucknow Placements:

During IIM Lucknow Placements 2023, the highest international package increased from INR 61.59 LPA to INR 65 LPA. But the domestic package witnessed a decline from INR 58 LPA to INR 55 LPA.