A total of 576 offers secured across PGP and PGP-ABM programs
Indian Institute of Management Lucknow successfully concluded its summer placement process for the 2024-2026 batch, securing a total of 576 offers for students from its 40th batch of the Post Graduate Programme (PGP) and the 21st batch of the Post Graduate Programme in Agribusiness Management (PGP-ABM).
The placements recorded impressive figures, with the average stipend reaching ₹1.43 lakhs per month, and the median stipend at ₹1.50 lakhs per month. The highest domestic stipend offered was ₹3.95 lakhs per month, while international offers peaked at ₹1.75 lakhs per month, underscoring the global recognition of IIM Lucknow and the strong demand for its graduates in both domestic and international markets.
Prof. Priyanka Sharma, Chairperson of Student Affairs and Placement at IIM Lucknow, remarked on the success of the placements, stating, “I am proud to announce that despite the challenging economic conditions, our summer placement drive has achieved remarkable success. Our unique curriculum, combined with a host of hands-on learning opportunities, empowers our students to grow and develop the skills needed to excel. This, along with the unwavering commitment of IIM Lucknow to student development and the alumni network, continues to attract top recruiters from diverse industries. As the economy stabilizes, we are confident in expanding opportunities further and preparing our students for continued professional success."
The 2024-2026 batch at IIM Lucknow is a diverse mix, comprising 234 freshers and 342 students with significant prior work experience across multiple industries. This blend of fresh talent and experienced professionals facilitated student placements in various sectors, including Consulting, Finance, General Management, Product Management, Sales & Marketing, Operations & Retail, and E-Commerce.
New recruiters featured prominently in this year’s placement process, with companies such as Arcesium, Barclays, Bank of New York Mellon, eBay, Essar, GMR Group, Navneet, NIIF, Paytm Money, PepsiCo Agro, Saint Gobain, Sprinklr, Tata Consumer Products, Tesco, and Virtusa offering a range of domestic and international roles. These first-time recruiters were joined by long-standing recruiters, including Accenture, Aditya Birla Group, Adobe, Alvarez & Marsal, Amazon, American Express, Bain & Company, Boston Consulting Group, Citi Group, Deloitte, EY, Goldman Sachs, HUL, McKinsey & Company, Procter & Gamble, PwC, and Tata Administrative Services, further reinforcing their sustained trust in the talent pool of IIM Lucknow.
Q: What is the reality of placements at IIM Lucknow?
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:
| Particulars | PGP & PGP ABM Placements (2022) | PGP & PGP ABM Placements (2023) | PGP & PGP ABM Placements (2024) |
|---|---|---|---|
| Placement rate | 100% | 100% | 100% |
| Offers made | 534 | 632 | 600+ |
| Students placed | 491 | 556 | 576 |
| Companies participated | 150+ | 200+ | 200+ |
| Particulars | PGP SM Placements (2022) | PGP SM Placements (2023) | PGP SM Placements (2024) |
| Placement rate | 100% | 100% | N/A |
| Total students | 27 | 34 | 41 |
| Students participated | 26 | 33 | N/A |
| Companies participated | 20+ | 25+ | 29 |
| Particulars | IPMX Placements (2022) | IPMX Placements (2023) | IPMX Placements (2024) |
| Companies participated | 80+ | 90+ | N/A |
| Companies made offers | N/A | 30+ | 26+ |
| Total students | 109 | 108 | 106 |
| Students placed | 108 | 91 | 89 |
| New recruiters | N/A | 35% | 23% |
Q: What is the lowest package in IIM Lucknow?
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.
Q: What is the highest package of IIM Lucknow?
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 |
Acknowledging the evolving recruitment landscape, IIM Lucknow adopted a hybrid placement model, providing both online and offline options for students and recruiters. This approach ensured flexibility and convenience for all participants, allowing a seamless and inclusive process regardless of geographic constraints. The hybrid model contributed to the efficiency and success of the placement drive, enabling the institute to meet the varied needs of its recruiters and students.
With a robust curriculum, a diverse student body, and the active participation of prestigious recruiters, IIM Lucknow continues to solidify its position as one of the top management institutes in India.
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Abhay an alumnus of IIMC and Delhi University, has over a decade long experience of reporting on various beats of journalism. During his free time he prefers listening to music or play indoor and outdoor games.
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