IIM Lucknow Summer Placement 2022: Highest package stood at INR 3.5 lakh per month

This is the first time IIM Lucknow has secured 100% placement for a batch this big in its 38-year history.

IIM Lucknow Summer Placements 2022: Indian Institute of Management, Lucknow has concluded the Summer Placement drive of the 2022-2024 cycle with 100% placement. The b-school conducted the placement drive for the 38th batch of Post Graduate Programme in Management and the 19th batch of Post Graduate Programme in Food and Agri-Business Management. The recruitment drive recorded 566 students getting a total of 570 job offers. This is the first time the premier institute has secured 100% placement for a batch this big in its 38-year history.

Highest package stood at INR 3.5 lakh per month

According to an official press release, the highest package offered during the drive was INR 3.5 lakh per month. The average and median stipends offered to students were INR 1.41 lakh per month and INR 1.5 lakh per month respectively. This is also the highest-ever in IIM-L’s history, added the communique.

Students secured offers in varied fields including Consulting, Finance, General Management, IT & Analytics, Sales and Marketing, Operations and Retail E-Commerce -- from top recruiters across the globe.

First-time recruiters

During the drive, several major companies came to hire IIM-L students for the first time. These included -- Alkem Laboratories, Berger Paints, Bharat Serums & Vaccines, Big Basket, Castrol, CK Birla, DSP Investment Managers, GEF Capital Partners, IvyCap Ventures, Lincoln International, L’Oréal, Ninjacart, Redseer Consulting, SBI Capital, Sony Pictures, The Rohatyn Group, Transunion Cibil, and Whiteboard Capital.

Regular recruiters

Meanwhile, several other companies that have recruited from the institute earlier as well also participated in the drive. These included -- Accenture, Aditya Birla Group, Adobe, Alvarez & Marsal, Amazon, Arthur D. Little, Atlassian, Avendus Capital, Bain & Company, Boston Consulting Group, Citi Group, Colgate-Palmolive, Deloitte, Deutsche Bank, EY, Goldman Sachs, Google, HUL, ITC, JP.Morgan Chase, Kearney, KPMG, McKinsey & Company, Mondelez, PepsiCo, Procter & Gamble, PwC and Tata Administrative Services.

“Despite the current state of economy, the placement drive was made a huge success by the relentless support of recruiters and the placement teams, making it the best placements with more than 185+ recruiters participating in the Summer Placement process,” said the IIM-L release.

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