IIM Lucknow Placements 2023: Highest CTC INR 1 crore and Average CTC INR 32.23 lakh per annum

Vipra
Vipra Shrivastava
Senior Manager - Content
2 mins readUpdated on Jun 30, 2023 16:37 IST

IIM Lucknow placement process 2023 witnessed record offers of highest CTC INR I crore per annum and average CTC INR 32.23 lakh per annum. Read here complete report of IIM Lucknow final placements 2023.

IIM Lucknow placements

IIM Lucknow placements process 2023 for PGP Sustainable Management and Agri Business Management witnessed 100 per cent hiring. A record number of offers rolled out to 556 students across Consulting, Finance, General Management, IT & Analytics, Sales & Marketing, Operations & Retail E Commerce.

The highest domestic salary offer stood at INR 1 crore per annum, whereas the average CTC stood at INR 32.23 lakh per annum. Median CTC stood at INR 30 lakh per annum, for the IIM Lucknow batch of 2021-23.

Q:   Can I get a job after completing FPM from IIM Lucknow?

A:

Yes, there are multiple job options available for candidates after completing the FPM programme. The common ones are lecturership and research work. Apart from this, candidates can also apply for private jobs at senior managerial level. Some of the popular job profiles for FPM pass outs are Relationship Manager, Project Manager, Management Executive, etc. In addition, the list of top recruiters include HCL, HDFC Bank, Britannia Industries, etc. Read more about FPM course and career scope, here.

Q:   What is the highest package of IIM Lucknow?

A:

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:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Highest package

- PGP & PGP ABM: INR 61.59 LPA (international)/ INR 58 LPA (domestic)

- PGP SM: INR 35.04 LPA

- PGP & PGP ABM: INR 65 LPA (international)/ INR 1 crore per annum (domestic)

- PGP SM: INR 66 LPA

- PGP & PGP ABM: INR 65 LPA (international)/ INR 1.23 crore per annum (domestic)

- PGP SM: INR 45.37 LPA

Q:   Which was the top domain during IIM Lucknow placements for PGP and PGP ABM?

A:

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:

Domain

Highest Package (2024)

Average Package (2024)

Consulting 

INR 45.30 LPA

INR 33 LPA

Finance

INR 64 LPA

INR 32.70 LPA

General Management

INR 33 LPA

INR 26 LPA

Product and Analytics

INR 1.23 crore per annum

INR 30.50 LPA

Operations

INR 35 LPA

INR 29.30 LPA

Sales and Marketing

INR 36 LPA

INR 23.50 LPA

Average salary offer for top 10 per cent students stood at INR 49.30 lakh per annum and for top 50 per cent students, it stood at INR 40.50 lakh per annum.

Top companies which participated in the IIM Lucknow placements 2023 for PGP/PGP-ABM included Accenture, Bain & Company, American Express, BCG, Deloitte, EXL, Vedanta, Paytm, HDFC Bank, Amazon, PWC, Mastercard, Pidilite, etc.

IIM Lucknow placements 2023 Highlights: PGP/PGP ABM 

More than 200 companies participated in the campus placement process. Check below key highlights of IIM Lucknow PGP/PGP ABM placements 2023:

Features

Details

Highest international CTC offered

INR 65.00 LPA

Highest domestic CTC offered

INR 1.00 CPA

Average CTC offered

INR 32.23 LPA

Median CTC offered

INR 30.00 LPA

Number of recruiters

200+

Number of students participated

556

Total number of offers

632

IIM Lucknow placements 2023

IIM Lucknow placements 2023

IIM Lucknow Placements 2023: Domain-Wise Split

In IIM Lucknow placements 2023, maximum number of offers were made in Consulting domain followed by IT and Product Management. Take a look at highest and median CTC figures, domain wise.

Domain

Number of offers

Highest CTC

Average CTC

Consulting

204

INR 43.50 LPA

INR 33.55 LPA

IT & Product Management

104

INR 55.00 LPA

INR 34.30 LPA

Finance

99

INR 53.00 LPA

INR 30.09 LPA

Sales and Marketing

73

INR 1.00 CPA

INR 28.40 LPA

General Management

61

INR 65.00 LPA

INR 31.70 LPA

Operations

15

INR 49.00 LPA

INR 34.10 LPA

IIM Lucknow Placements 2023: Top Recruiters

In IIM Lucknow placements 2022, maximum offers were made by Accenture Strategy, Deloitte India and Amazon. Check the table below for top companies and number of offers from them.

Recruiters

Number of Offers

Accenture Strategy

36

BCG

24

Bain & Co.

23

Deloitte India

22

PwC

22

McKinsey & Co.

18

Ernst & Young

15

HDFC Bank

15

Amazon

14

Paytm

14

EXL

14

American Express

10

Kearney

10

JIO

10

Jio Platforms

09

Vedanta

09

Zinnov

08

Pidilite

08

Mastercard Advisors

07

Renew

06

IIFL

06

Capegemini ELITE

05

IIM Lucknow Placements: 2023 vs 2022 vs 2021

Check below, a comparative table indicating highlights of IIM Lucknow final placements of 2023, 2022 and 2021:

Q:   How is the placement of IIM Lucknow?

A:

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:

ParticularsPGP & PGP ABM (2024)PGP SM (2024)IPMX (2024)
Placement rate100%N/AN/A
Offers made600+N/AN/A
Total studentsN/A41106
Students placedN/A57689
Companies participated200+29N/A
Companies made offersN/AN/A26+

Q:   What is the average package offered to MBA students at IIM Lucknow?

A:

IIM Lucknow concluded the final placements for PGP and PGP ABM 2023 passing out batch with 100% students placed in various top companies. A total of 632 job offers were made to 556 students. The IIM Lucknow average package for PGP and PGP ABM stood at INR 32.2 LPA. The the highest package and median package offered during PGP SM placements in 2023 were INR 66 LPA and INR 28 LPA, respectively. Around 25 companies participated in the IIM Lucknow placements for 2023 for PGP SM. Further, over 90 companies participated in the IPMX placements for 2023 and Consulting emerged as one of the top recruiting sectors. 

Q:   Which IIM has highest placement package?

A:

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

IIM NameAverage Package (2024)Highest Package (2024)Offers Made (2024)
IIM LucknowINR 30 LPA (PGP & PGP ABM)INR 1.23 crore per annum (PGP & PGP ABM)600+ (PGP & PGP ABM)
IIM Kozhikode*INR 31.02 LPA (PGP/ PGP Finance/ PGP LSM)INR 67.02 LPA (PGP/ PGP Finance/ PGP LSM)559 (PGP/ PGP Finance/ PGP LSM)
IIM Calcutta*INR 35.07 LPA (MBA)INR 1.15 crore per annum (MBA)573 (MBA)
IIM IndoreINR 25.68 LPA (PGP & IPM)INR 1 crore per annum (PGP & IPM)N/A 

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

Q:   What is the CTC offered during IIM Lucknow placements?

A:

The institute has released the average package, median package, and the highest package for various PGP courses. Take a look at the below table representing the IIM Lucknow package details for 2023:

ParticularsPGP & PGP ABM (2023)PGP SM (2023)IPMX (2023)
Average packageINR 32.2 LPA INR 30.44 LPAINR 26.47 LPA
the highest packageINR 65 LPA (international)/ INR 1 crore per annum (domestic)INR 66 LPAN/A
Median packageINR 30 LPAINR 28 LPAINR 26.62 LPA

Q:   What is the lowest package offered at IIM Lucknow?

A:

Indian Institute of ManagementLucknow (IIM Lucknow) offers placement assistance to various undergraduate and postgraduate students. The top companies taking part in the placement drive at IIM Lucknow are Flipkart, PwC India, and others. The institute has not released the 2023 the lowest package details. However, the highest package offered during IIM Lucknow placements 2023 was INR 1 crore per annum and this was offered to PGP and PGP ABM students. For the lowest package details, please visit the official website.

Features

2023

2022

2021

Highest international CTC offered

INR 65.00 LPA

INR 61.59 LPA

INR 56.00 LPA

Highest domestic CTC offered

INR 1.00 CPA

INR 58.00 LPA

INR 51.00 LPA

Average CTC offered

INR 32.23 LPA

INR 31.03 LPA

INR 26.00 LPA

Median CTC offered

INR 30.00 LPA

INR 23.40 LPA

INR 23.00 LPA

Read More:

About the Author
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Vipra Shrivastava
Senior Manager - Content

Vipra is a massive Breaking Bad fan. When not watching crime drama series, she spends time in updating the list of places she wants to visit and people she wants to meet, but she is happiest in the company of dogs. ... Read Full Bio

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Both the universities will be having good teaching faculty and good equipment of labs and good equipment of library

2.reputition

Based on the reputation university of Chicago has more reputation

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C Kranthi kumar

Beginner-Level 5

Answered 2 months ago

IIM Lucknow is a good college which ranks 5 in India and 85 globally by the FT Global 2024 rankings and continues to be a top choice for MBA aspirants in India and abroad. Indian Institute of Management Lucknow was established in 1984 and is accredited by the Association of MBAs  (AMBA) and the Asso

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Liyansha Jain

Contributor-Level 10

Answered 2 months ago

IIM Lucknow is a good college. One which is ranked quite high in terms of the Management colleges present in India. The key highlights of IIM Lucknow placements 2024 are presented below:

ParticularsPlacement Statistics (2024)
the highest package

- PGP & PGP ABM: INR 65 LPA (international)/ INR 1.23 crore per annum (domestic)

- PGP SM: INR 45.37 LPA

Average package

- PGP & PGP ABM: INR 30 LPA

- PGP SM: INR 20.14 LPA

- IPMX: INR 25.53 LPA

Average package of top 25%

- PGP SM: INR 30.21 LPA

- IPMX: INR 34 LPA

Average package of top 50%

- PGP SM: INR 25.25 LPA

- IPMX: INR 30 LPA

Median package

- PGP & PGP ABM: INR 27 LPA

- PGP SM: INR 18.05 LPA

- IPMX: INR 24.47 LPA

Placement rate

- PGP & PGP ABM: 100%

Companies participated

- PGP SM: 29

Offers made

- PGP & PGP ABM: 600+

Looking at the placements mentioned above one can say that it is one of the top ranked colleges present in India. 

L

Liyansha Jain

Contributor-Level 10

Answered 2 months ago

There are several clubs available at IIM Lucknow campus. The below-mentioned are the other clubs available in the colleges:

IIM Lucknow Clubs
Music Band – 3.4AbhivyaktiRandom Walk
Credence CapitalForty TwoRight Angles
Quizzing CommonersToastmasters-

Earlier, IIM Lucknow fees and placements were checked by the students before going for admissions but now students also want to know about the clubs, societies, and events as th

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Liyansha Jain

Contributor-Level 10

Answered 2 months ago

Both IIM Lucknow and IIM Calcutta fee for MBA falls on a higher side. However comparing the two, we can know which one has a lower fee. Below is the fee for both the IIMs MBA courses:

IIMsTotal Tuition Fee
IIM Calcutta MBAINR 25 lakh
IIM Lucknow MBAINR 7.60 lakh - INR 12.6 lakh

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Nishtha Shukla

Contributor-Level 10

Answered 2 months ago

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Liyansha Jain

Contributor-Level 10

Answered 2 months ago

Students sitting in Delhi can easily apply for admissions as the admissions are conducted online. Follow the IIM Lucknow admission process mentioned below:

Step 1: Register for the CAT exams.

Step 2: Appear for the CAT exams.

Step 3: Take part in the selection process such as PI and others.

Step 4: Conf

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Liyansha Jain

Contributor-Level 10

Answered 2 months ago

IIM Lucknow is a top Management college where every student aspiring for a good career in the Management field wants to go. Surviving in this college is quite easy for hardworking students. The environment of the college is quite welcoming for the fresh students. For freshers, IIM Lucknow has a good

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Liyansha Jain

Contributor-Level 10