IIM Lucknow Placements 2023 has been concluded with 100% placements. 556 students participated in the placement drive. IIM Lucknow highest package increased by about 6% at INR 65 LPA whereas IIM Lucknow average package stood at INR 32.2 LPA. 200 recruiters participated in the placement drive. Some of the top recruiters included Accenture, Deloitte, BCG, EY, KPMG etc.
IIM Lucknow Summer Internship Placements 2024 final report has been released with 100% placements recorded. IIM Lucknow highest stipend stood at INR 3.5 Lakhs per month & IIM Lucknow average stipend stood at INR 1.41 Lakhs per month.
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Table of Content
3.1 IIM Lucknow Finance Sector Placements
3.2 IIM Lucknow Sales & Marketing Sector Placements
3.3 IIM Lucknow General Management / Other Sector Placements
3.4 IIM Lucknow Consulting Sector Placements
3.5 IIM Lucknow IT / E - Commerce / Startup Placements
Particulars | Placements Statistics 2023 | Placement Statistics 2022 |
---|---|---|
Percentage Of Students Placed | 100% | 100% |
Number of Students | 556 | 491 |
Number of Recruiters Participated | 200 | 150 |
Number of Offers | 632 | 534 |
Highest International CTC | INR 65 LPA | INR 61.59 LPA |
Highest Domestic CTC | INR 55 LPA | INR 58 LPA |
Average CTC | INR 32.2 LPA | INR 31.03 LPA |
Median CTC | - | INR 29 LPA |
Major Sectors | Consulting | Consulting, Finance, General Management |
Top Recruiters | Accenture, Deloitte, BCG, EY, KPMG | Microsoft, Myntra, Winzo Games, Vodafone - Idea |
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The following table represents the company wise number of offers at IIM Lucknow placements 2023:
Name of the Companies | Number of offers |
---|---|
Accenture | 36 |
BCG | 24 |
Deloitte | 22 |
PwC | 22 |
McKinsey | 18 |
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The maximum number of students were placed in the Consulting sector followed by IT / E-commerce / Startups and the Highest CTC which stood at INR 45 LPA was offered by Amazon. As per the information collected by Collegedunia, following is the sector wise placements for IIM Lucknow:
Sector | Number of Students Placed | Highest CTC Range |
---|---|---|
Finance | 41 | INR 30 - 35 LPA |
Sales & Marketing | 29 | INR 26 - 27 LPA |
General Management / Others | 24 | INR 26 - 29 LPA |
Consulting | 107 - 132 | INR 28 - 29 LPA |
IT / E-Commerce / Startups | 78 - 100 | INR 40 - 45 LPA |
The following table represents the finance sector placements for the batch 2021 at IIM Lucknow:
Company | Roles Offered | No. of students | CTC |
---|---|---|---|
Avendus | Associate | 7 | INR 40 LPA |
Deutsche Bank | IB | 5 | INR 25-27 LPA |
Citi | IB Analysts | 4 | INR 24-26 LPA |
Goldman Sachs | IB Analysts | 8 | INR 28-30 LPA |
HSBC | Marketing Management Consultant | 5 | INR 19-21 LPA |
Kotak | Product Manager, Ass Manager | 3 | INR 20-21 LPA |
Morgan Stanley | Associate | 3 | INR 26-30 LPA |
Saber Partners | Investment Manager | 1 | INR 30-35 LPA |
HDFC Securities | Institutional Equity | 1 | INR 20-22 LPA |
Angel One | - | 4 | INR 20-22 LPA |
The following table represents the sales and marketing sector placements for the batch 2021 at IIM Lucknow:
Company | Role | No. of students | CTC |
---|---|---|---|
Asian Paints | Sales and Marketing | 4 | INR 24-25 LPA |
Colgate Palmolive | Sales and Marketing | 1 | INR 22-24 LPA |
Dabur | Sales and Marketing | 0 | INR 20-22 LPA |
ITC | AUT | 1 | INR 24-26 LPA |
HUL | Sales and Marketing | 2 | INR 26-27 LPA |
Marico | Management Trainee | 4 | INR 22-23 LPA |
Mondelez | Management Trainee | 3 | INR 24-25 LPA |
Procter & Gamble | Sales and Marketing | 4 | INR 24-26 LPA |
Reckitt Benckiser | Sales and Marketing Management Trainee | 3 | INR 24 LPA |
Tata Sky | Sales and Marketing | 3 | INR 22-23 LPA |
Nestle | Sales and Marketing | 4 | INR 23-24 LPA |
The following table represents the General Management and Other sector placements for the batch 2021 at IIM Lucknow:
Company | Role | No. of students | CTC |
---|---|---|---|
Adani Group | MT | 3 | INR 24-25 LPA |
Aditya Birla Group | Leadership Associate | 4 | INR 24-25 LPA |
Capgemini | ELITE | 2 | INR 20-22 LPA |
JSW Group | MT | 0 | INR 20-22 LPA |
Mahindra Group | GMC | 3 | INR 26-29 LPA |
RPG | GMR | 7 | INR 22-24 LPA |
RIL | MT | 2 | INR 22-24 LPA |
TAS | TAS Probationer | 3 | INR 24-25 LPA |
The following table represents the consulting sector placements for the batch 2021 at IIM Lucknow:
Company | Role | No. of students | CTC |
---|---|---|---|
Bain | Associate Consultant | 10-12 | INR 27-28 LPA |
BCG | Senior Associate | 12-14 | INR 28-29 LPA |
McKinsey | Associate / Consultant | 10-12 | INR 26-27 LPA |
Accenture Strategy | Strategy Analyst | 20-22 | INR 22-25 LPA |
A T Kearney | Management Consultant | 3-4 | INR 22-23 LPA |
GEP Consulting | Senior Consultant | 4-5 | INR 28-29 LPA |
EY | Talent Acquisition Consultant, Business Consultant | 18-20 | INR 20-22 LPA |
Deloitte | Consultant | 5-7 | INR 22 LPA |
KPMG | Consultant | 7-8 | INR 20 LPA |
Mastercard | Consultant | 7-8 | INR 20-22 LPA |
PWC US Advisory | Consultant | 10-12 | INR 24 LPA |
Synergy Consulting | Consultant | 1-2 | INR 24 LPA |
The following table represents the IT / E - Commerce / Startup placements for the batch 2021 at IIM Lucknow:
Company | Role | No. of students | CTC |
---|---|---|---|
Adobe | Lead Software Engineer, Employee Exp | 3-4 | INR 20 LPA |
Amazon | Product, Category, Ops | 20-23 | INR 40-45 LPA |
American Express | Business Analyst | 3 | INR 24 LPA |
Blue Yonder | Business Consultant | 4 | - |
Byju's | Product, Category | 11 | INR 28 LPA |
Cloudtail | Vendor Management | 1 | INR 24 LPA |
Dr Reddy's | 2 | INR 20 LPA | |
Flipkart | Product Manager | 7 | INR 26 LPA |
Fractal Analytics | Decision Scientist (Consultant) | - | INR 24 LPA |
Jio Platform | HRBP, Product Manager | 13 | INR 28 LPA |
Microsoft | Program Manager | 12 | INR 24 LPA |
Ola Cabs | Program Manager | 3 | INR 26 LPA |
OYO | Program Manager | 6 | INR 22 LPA |
Paytm | Program Manager | 11 | INR 24 LPA |
Samsung | Strategy | 3 | INR 24 LPA |
Zynga Games | Product Manager | 2 | INR 26 LPA |
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The below table represent the salary statistics of IIM Lucknow Placements 2022:
Particulars | Figures |
---|---|
Increase In Average CTC | 19% |
Increase In Median CTC | 23% |
Average CTC of Top 10% Students | INR 51.21 LPA |
Average CTC of Top 50% Students | INR 38.2 LPA |
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The below table represents the company - wise statistics of IIM Lucknow Placements 2022:
Name of the Company | Number of Offers Made |
---|---|
Accenture Strategy | 34 |
Deloitte India | 34 |
Amazon | 24 |
Bain & Co. | 23 |
Boston Consulting Group | 22 |
Deloitte - Offices of US | 20 |
PwC US | 19 |
Ernst & Young | 18 |
Mckinsey & Co. | 17 |
Mastercard Advisors | 14 |
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The below table represents the domain - wise statistics of IIM Lucknow Placements 2022:
Domains | Highest Salary | Mean Salary |
---|---|---|
General Management | INR 61.59 LPA | INR 28.12 LPA |
IT and Analytics | INR 58 LPA | INR 35.33 LPA |
Finance | INR 53.34 LPA | INR 32.21 LPA |
Sales & Marketing | INR 49 LPA | INR 32.79 LPA |
Operations | INR 49 LPA | INR 29.05 LPA |
Consulting | INR 45 LPA | INR 28.96 LPA |
During IIM Lucknow Placements 2022, the highest package was offered from the General Management domain followed by the IT & Analytics domain.
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The below table represents the course - wise statistics of IIM Lucknow Placements 2022:
Particulars | PGP - SM Placements | IPMX Placements |
---|---|---|
Percentage of Students Placed | 100% | - |
Total Number of Students | - | 109 |
Number of Students Participated | 27 | 108 |
Number of Companies Participated | 50+ | 80+ |
Number of New Recruiters | 20 | - |
Number of Offers | 30+ | - |
Highest CTC | INR 35 LPA | - |
Y-O-Y Increase in Highest CTC | 20% | - |
Average CTC | - | INR 24.66 LPA |
Median CTC | - | INR 24 LPA |
Major Role Offered | Sustainability | - |
Top Recruiter | Flipkart, Accenture Strategy, ZS Associates | Google, Accenture, HSBC |
During IIM Lucknow Placements 2022, 27 PGP - SM students & 108 IPMX students participated.
The below graph represents the year - ise 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 highest domestic package declined from INR 58 LPA to INR 55 LPA.
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The below info-graph represents the 2022-24 batch profile of IIM Lucknow:
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The following table represents the statistics of Summer Internship Placements 2022-24:
Batch | Internship Statistics 2024 | Internship Statistics 2023 |
---|---|---|
Percentage of Students Placed | 100% | 100% |
Number of Students | 566 | 562 |
Number of Recruiters | 185+ | 140 |
Number of Offers | 570 | 567 |
Highest Stipend | INR 3.5 Lakhs | INR 3.4 Lakhs |
Average Stipend | INR 1.41 Lakhs | INR 1.3 Lakhs |
Median Stipend | INR 1.5 Lakhs | INR 1.2 Lakhs |
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The following table represents the company wise placements at IIM Lucknow:
Name of the Company | Number of Offers |
---|---|
Amazon | 33 |
Accenture Strategy | 32 |
PwC India | 26 |
BCG | 20 |
Deloitte US | 16 |
PwC US | 13 |
Bain & Company | 12 |
Deloitte India | 12 |
BYJU’s | 10 |
Kotak Mahindra Bank | 10 |
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The following table represents the domain wise placements at IIM Lucknow:
Domains | Highest Stipend | Mean Stipend |
---|---|---|
Consulting | INR 1.87 Lakhs | INR 1.37 Lakhs |
General Management | INR 1.65 Lakhs | INR 1.28 Lakhs |
Finance | INR 3.4 Lakhs | INR 1.36 Lakhs |
IT and Analytics | INR 2 Lakhs | INR 1.28 Lakhs |
Sales & Marketing | 1.75 Lakhs | INR 1.15 Lakhs |
Operations | INR 1.65 Lakhs | INR 1.33 Lakhs |
Also check IIM Lucknow Q&A
Name of Organizations | Number of Alumni |
---|---|
Amazon | 464 |
Accenture | 428 |
Deloitte | 307 |
IIM Lucknow | 211 |
BCG | 137 |
Ques.How are IIM Lucknow Placements?
Ans. IIM Lucknow has concluded the 2023 placement drive with 100% placements. The highest international package stood at INR 65 LPA & the highest domestic package stood at INR 55 LPA. The average package stood at INR 32.2 LPA.
Ques.What is IIM Lucknow average package?
Ans. During IIM Lucknow Placements 2023, the average package stood at INR 32.20 LPA.
Ques.What was IIM Lucknow highest package?
Ans. The highest package stood at INR 65 LPA during IIM Lucknow Placements 2023.
Ques.How are IIM Lucknow Summer Placements?
Ans. During IIM Lucknow Summer Internship Placements 2024, 100% of the students received internships. The highest stipend stood at INR 3.5 Lakhs per month & the average stipend stood at INR 1.41 Lakhs per month.
Ques.How many offers were received during IIM Lucknow Placements 2023?
Ans. Students received 632 offers during IIM Lucknow Placements 2023.
Ques.How many students were placed during IIM Lucknow Placements 2023?
Ans. 556 students participated in IIM Lucknow Placements 2023. The batch received 100% placements.
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IIM Lucknow is known for its lack of transparency and highly confidential placements. The reason was disclosed by one of my friends who was a victim of this secrecy. According to him, the figures revealed are that of just 150 students who get placed at good firms. They receive packages of around INR 20 LPA. The rest 300-400 students either land very low-paying jobs and most of them even stand unplaced. This cruelty is not brought to light by the authorities and placement committees.
The placement committees are the ones to be blamed for this partiality. It is said that they are highly involved in collecting heavy fines from students to get them placed. This makes it difficult for financially weak or morally upright students to get placed despite their talents and efficiency.
Usually, the average CTC is lower than other IIMs and is thus never revealed to the public.
So to get placed in IIM Lucknow you have to get involved in wrongdoings and illegal stuff which is not recommended.
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 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.
Having read some reviews online about IIM Lucknow, IIM Kozhikode, FMS, and MDI, here are some things I got to know which might be useful to you.
So the order of preference would be IIM Lucknow > IIM Kozhikode > FMS > MDI. This is as per the major rankings including Times B-School categorization. So select the one that matches most of your interests.
With specifics to IIM Lucknow, Agri-Business Management (ABM) course, you get to study extra subjects each trimester related to Agribusiness. In the final year, there is a restriction in choosing the major subjects.
As for placements, you will be offered the same opportunities as any other PGP student. Agribusiness in general has a very wide scope.
One of my friends is enrolled in the same course in IIM Lucknow and he is in the first batch. According to him pursuing PGPSM course from IIM Lucknow is the right choice due to certain factors which include good placement opportunities primarily. Furthermore, as the course is newly introduced, the number of students is also limited. This gives them the best opportunities to get placed in top companies.
Even this fact can’t be ignored that it is only the first batch, so there are chances that the number of students in a single batch will increase and also the number of recruiting companies which will definitely make PGPSM one of the most successful courses in IIM Lucknow.
You should definitely attend IIM Lucknow rather than FMS Delhi. IIM is a brand, a distinguishing mark that will stay with you for the rest of your life. You never give up the IIM tag for FMS, no matter how much it costs.
The FMS campus has a dingy canteen the size of a bungalow, women dressed in glittery clothing roaming around, and plenty of heat and dust. There are also no hostels. You must take a PG if you go there. Food will be provided by the PG and nearby vendors.
In terms of finances, IIML fees are not comparable to Harvard fees. If you have given money to coaching institutes, you can certainly afford IIML. You may need to take out a loan, but you can certainly afford it.
Anyway, back to culture and way of life. In comparison to FMS, IIMs are king-size. Acres of land, well-kept cultivated greenery, a clean campus, and tasty mess food. Any IIM mess is better than most engineering colleges' mess, and Lucknow's Mess is delicious. The sports complex includes a large swimming pool, Jacuzzi, steam bath, large courts, and other amenities. Every two months, there will be massive student festivals where you can interact with students from other IIMs. You'll get a free membership to a nearby club where you can wine and dine. The student exchange program with Europe at IIM Lucknow is fantastic. You have the opportunity to study alongside international students and make friends from all over the world.
During the IIM Lucknow summer placements for the 2022-24 batch, 570 job offers were made and over 185 recruiters visited the campus. Aside from that, the highest and average stipends offered during summer placements at IIM Lucknow for the 2022-24 batch were INR 3.5 lakh per month and INR 1.41 lakh per month, respectively.
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.
Categories |
IIM Lucknow |
Placement Percentage |
100% |
Highest CTC |
54 LPA |
Average CTC |
24.25 LPA |
Recruiting Companies |
Accenture, Deloitte, American Express, Asian Paints, etc. |
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.
IIM Lucknow placement drive for 2022 concluded with a 100% placement rate. A total of 150 recruiting companies offered 534 placement offers. The highest international CTC offered was INR 61.59 LPA. The highest domestic CTC was INR 61.59 LPA. Some of the major recruiters that took part were Myntra, Winzo Games, Microsoft, Vodaphone-Idea, etc.
IIM Lucknow has wrapped up their final placement for the 2018-20 academic year with 100% placement rate. According to the batch profile for placement, 443 students received a total of 447 offers.
Amazon, Accenture, BCG, and Deloitte were the firms meeting the maximum no. of offers. The other top recruiters were Bain and Co, McKinsey & Co, Kearney, KPMG, GEP.
The CTC details of the institute are given below in the table.
Particulars |
CTC (INR LPA) |
Highest International Salary |
58.47 |
Highest Domestic Salary |
54.00 |
Mean Salary |
24.25 |
Median Salary |
23.00 |
Mean Salary (International Roles) |
23.94 |
Median Salary (International Roles) |
23.00 |
Companies | |||
---|---|---|---|
Adobe | Amazon | Bain & Company India Private Limited | Bank of America |
Cognizant | Ernst & Young | Flipkart | IBM |
McKinsey & Co | Reliance Industries Limited [RIL] | Wipro | Accenture |
Deloitte | Deutsche Bank | Goldman Sachs | |
HSBC Bank | ITC | JP Morgan | L&T ECC |
ONGC | Samsung | Tata Steel | TCS |