IIM Lucknow Placements 2024: Average Package, Highest Package, Top Recruiters

The institute has consistently placed 100% of PGP and PGP ABM students over the past three years (2022 to 2024). The number of companies participating has also improved year-on-year. From 2022 to 2024, the number of companies that participated in PGP SM placements has also increased. Additionally, a declining trend was recorded in the number of IPMX students placed over the past three years. The table below showcases the comparative analysis from 2022 to 2024 IIM Lucknow MBA placements:

The highest stipend bagged during PGP & PGP ABM summer placements 2023-25 was in the Finance sector. The sector-wise stipend details for IIM Lucknow summer placements 2023-25 are tabulated below:

During IIM Lucknow summer placements for PGP SM batch 2023-25, 32% of offers were from IT sector. Take a look at the below snip presenting the sector-wise split of PGP SM summer placements for batch 2023-25:

Image Source: Official Report

According to unofficial sources, IIM Lucknow alumni are primarily working in the Business Development sector with a 28% share. The below pie chart illustrates the detailed sector-wise distribution of alumni:

NOTE: The sectors involved in the 'Others' category are Engineering, Information Technology, and Consulting.

The institute has not released the 2024 lowest package details. However, the highest, average, and median packages have been released officially. As per reports, the highest package offered during IIM Lucknow placements 2024 was INR 1.23 crore per annum and was made to PGP and PGP ABM students. For PGP SM, the highest package stood at INR 45.37 LPA. Alongside this, the highest average package was offered to PGP and PGP ABM students and the amount stood at INR 30 LPA. The highest median package also stood for PGP & PGP ABM batch 2022-24 and the amount offered was INR 27 LPA. 

The institute has released the summer placement reports for batch 2023-25. As per reports, 100% of PGP and PGP ABM students received summer placements. A total of 576 offers were made to 555 PGP and PGP ABM students. The highest stipend offered to PGP & PGP ABM students was INR 3.50 lakh per month. Check the key highlights of IIM Lucknow summer placements from the table below:

The IIM Lucknow highest package (international) offered during 2024 placements of PGP and PGP ABM courses was INR 65 LPA and the highest domestic package stood at INR 1.23 crore per annum. Over the past three years of placements (2022 to 2024), an improving trend was observed in the PGP & PGP ABM highest domestic package. On the other hand, a fluctuating trend was recorded in PGP SM highest package. It increased from 2022 to 2023 and declined from 2023 to 2024. See the table below showcasing IIM Lucknow highest package trends:

Yes, the institute has a list of alumni who are successfully running their own Unicorn startups and have raised the entrepreneurship standard with their creative ideas. To name a few, take a look at the below success stories:

1. Bombay Shaving Company: A premium personal care and grooming solutions brand was founded by Shantanu Deshpande, who passed out from IIM Lucknow in 2011. Shantanu has pursued an MBA in Strategy from IIM Lucknow. After completing his education he worked for 4 years at McKinsey & Company and after that, he ventured into the world of entrepreneurship.

2. Flutrr: It is an inclusive multilingual online dating app which provides a delightful dating experience in one’s language. A new generation of matching algorithms from ancient Indian and Vedic sciences of Astrology and Numerology are followed at Flutrr. The company was founded by Kaushik Banerjee who is designated as co-founder and CEO. Kaushik has pursued MBA in Marketing Operations from IIM Lucknow and has passed out on 1992.

Multiple IIM Lucknow alumni have set the stage for the upcoming students to start their own ventures and bring the best to the table.

The majority of students (37%) placed during IIM Lucknow placements received opportunities in the Consulting domain. The second in the sequence was the Product Management domain with 19% of the students placed.

IIML is ranked at 6^th position in the NIRF Management ranking 2023. The other closely ranked IIMs that a student might want to compare are IIM Kozhikode, IIM Calcutta and IIM Indore ranked at 3^rd, 4^th, and 8^th position in the NIRF ranking 2023 (Management). For all four IIMs, Consulting emerged as the top preference among the students, with the highest placement rate. Around 33% of IIM Kozhikode students who passed out in 2024 received opportunities in the Consulting domain. For IIM Indore and IIM Calcutta, the placement share in Consulting was 25% and 40.50%, respectively. The detailed domain-wise distribution of IIM Lucknow and other closely ranked IIMs is presented below:

*The stats mentioned are for 2023 as the 2024 details are yet to be released.

A total of 43 PGP SM students participated in the 2024 summer placements. As per reports, 100% of the batch received summer placement opportunities. The highest stipend and average stipend offered were INR 4 lakh and INR 1 lakh, respectively. The complete details related to IIM Lucknow summer placements for PGP SM batch 2023-25 are as follows:

*The stipend mentioned above is for the entire internship duration.

As per the latest report, Sustainability was the most sought-after domain with around 90% of offers extended. The table below depicts the domain-wise offers made during IIM Lucknow PGP SM placements 2024: 

The highest package offered during 20243 placements was in the Product and Analytics domain. Check the domain-wise highest package and average package offered during IIM Lucknow placements 2024:

The institute has released the salary data for PGP & PGP ABM, PGP SM, and IPMX students passing out in 2024. Take a look at the table below to know the Indian Institute of Management Lucknow packages trend for the past three years:

The leading corporate giants that visited the institute campus for participation in IIM Lucknow placements 2024 are mentioned below:

The average package, highest package, and the number of offers made in top IIMs during 2024 placements are presented in the following table:

*The placement stats mentioned against IIM Kozhikode and IIM Calcutta are for 2023, as the 2024 placement details are not out yet.

IIM Lucknow has recorded 100% placements for the PGP & PGP ABM 2024 passing-out batch. Alongside this, more than 600 offers were made to PGP & PGP ABM batch 2022-24. The key highlights for IIM Lucknow placements 2024 are tabulated below:

For all the PGP courses offered at IIM Lucknow, a fluctuating trend was observed in the average package from 2022 to 2024 drives. Check the table below depicting the course-wise IIM Lucknow average package trends:

A total of 576 PGP & PGP ABM students were placed during IIM Lucknow placements 2024. A majority of students were placed in the Consulting domain. The table below mentions the domain-wise split of PGP & PGP ABM placements 2024:

Consulting emerged as the most preferred function during the IPMX placements 2024 with over 30% of the students receiving job roles in this function. The snip below elaborates on the function-wise break-up of the IIM Lucknow placements 2024 for IPMX:

Source: Official Report