IIM Lucknow Placements 2024: Average Package: INR 30 LPA & Highest Package: INR 1.23 CPA
IIM Lucknow Placements 2024: Average Package: INR 30 LPA & Highest Package: INR 1.23 CPA
IIM Lucknow Placements 2024 is concluded with 100% placements. 576 students from PGP & ABM batches received 634 placement offers. IIM Lucknow highest package increased by 23% to INR 1.23 CPA whereas IIM Lucknow average package stood at INR 30 LPA. More than 250 domestic & international recruiters participated in IIM Lucknow Placements 2024. Some of the top recruiters included Accenture, Deloitte, McKinsey & Company, Microsoft, ABG, Adani Group, BCG, Bain & Company etc. The major job roles offered were in Investment Research, Corporate/Wholesale/retail Banking, Market Research, Trading & Operations.
IIM Lucknow Summer Internship Placements 2025 has been concluded with 100% internships & a total of 576 offers. IIM Lucknow highest stipend stood at INR 4 Lakhs whereas IIM Lucknow average stipend stood at INR 1.31 Lakhs.
Table of Content
- IIM Lucknow Placements 2024 Report
- IIM Lucknow Average Package 2024
- IIM Lucknow Highest Package 2024
- IIM Lucknow Placements 2023 Sector Wise Analysis
4.1 IIM Lucknow Sales & Marketing Sector Placements 2023
4.2 IIM Lucknow Product Management Sector Placements 2023
4.3 IIM Lucknow IT & Analytics Sector Placements 2023
4.4 IIM Lucknow BFSI Sector Placements 2023
4.5 IIM Lucknow General Management Placements 2023
4.6 IIM Lucknow Consulting Sector Placements 2023
- IIM Lucknow Placements 2023 Course - Wise
- IIM Lucknow Placement 2023 Sector - Wise
- IIM Lucknow Placements 2023 Company - Wise
- IIM Lucknow Placements 2024 Top Recruiters
- IIM Lucknow Summer Internship Placements 2025 Report
- IIM Lucknow Summer Internship Placements 2024 Domain - Wise
- IIM Lucknow Summer Internship Placements 2024 Company - Wise
- IIM Lucknow Alumni Network
- IIM Lucknow Placement FAQs
IIM Lucknow Placements 2024 Report
| Particulars | Placements Statistics (2024) | Placements Statistics (2023) |
|---|---|---|
| Number of Recruiters | 250+ | 200+ |
| Number of Offers | 634 | 632 |
| Number of Students | 576 | 556 |
| Highest Package (International) | INR 1.23 CPA | INR 65 LPA |
| Highest Package (Domestic) | INR 65 LPA | INR 1 CPA |
| Average Package | INR 30 LPA | INR 32.23 LPA |
| Top Recruiters | Accenture, Deloitte, Mc Kisney, Microsoft, ABG, Adani Group, BCG, Bain & Company etc | Barclays, Accenture, BCG, Deloitte, Amazon, Jio, Capgemini, KPMG etc |
The below table shows the top IIMs Placement comparison:
| IIMs | Highest Package | Average Package | Median Package | Number of Offers |
|---|---|---|---|---|
| IIM Ahmedabad | INR 1.15 CPA | INR 34.36 LPA | - | 280 |
| IIM Bangalore | - | INR 35.31 LPA | INR 33 LPA | 606 |
| IIM Kozhikode | INR 67.02 LPA | INR 31.02 LPA | INR 27 LPA | 559 |
| IIM Indore | INR 1.14 CPA | INR 30.21 LPA | INR 27.2 LPA | - |
IIM Lucknow Average Package 2024
IIM Lucknow average package stood at INR 30 LPA during the recent placement drive of 2024. The below table will show you IIM Lucknow average package trend:
| Placement Year | IIM Lucknow Average Package |
|---|---|
| 2024 | INR 30 LPA |
| 2023 | INR 32.23 LPA |
| 2022 | INR 31.03 LPA |
| 2021 | INR 26 LPA |
| 2020 | INR 24.25 LPA |
IIM Lucknow Highest Package 2024
IIM Lucknow highest package increased from INR 1 CPA to INR 1.23 CPA during the recent placement drive of 2024. You can check the year-wise highest packages of IIM Lucknow in the below table:
| Placement Year | IIM Lucknow Highest Package |
|---|---|
| 2024 | INR 1.23 CPA |
| 2023 | INR 1 CPA |
| 2022 | INR 61.59 LPA |
| 2021 | INR 56 LPA |
| 2020 | INR 58.47 LPA |
IIM Lucknow Placements 2023 Sector Wise Analysis
As per the information collected by Collegedunia, IIM Lucknow highest package of INR 50 LPA was offered by African Industries. A total of 86 companies made placement offers at IIM Lucknow placements 2023. The following table represents the sector wise analysis for the batch 2023 at IIM Lucknow:
| Sector | CTC Range |
|---|---|
| Sales & Marketing | INR 19 - 34 LPA |
| Product Management | INR 19 - 45 LPA |
| IT & Analytics | INR 17.5 - 30 LPA |
| BFSI | INR 16 - 40 LPA |
| General Management | INR 21 - 50 LPA |
| Consulting | INR 22 - 30 LPA |
IIM Lucknow Sales & Marketing Sector Placements 2023
The following table represents the Sales & Marketing sector placements for the batch 2023 at IIM Lucknow:
| Company | CTC Range (LPA) |
|---|---|
| Apparel Group | 27 |
| Coca Cola | 28 |
| Haleon | 24 |
| HCLTech | 19 |
| Turtlemint | 23 |
| Nation with Namo | 25 |
| NYKAA | 26 |
| Times Internet | 24 |
| Xanadu | 21 |
| Asian Paints | 26-28 |
| CarDekho | 22 |
| Diageo | 24 |
| Dr. Reddy | 24 |
| Haleon | 23 |
| HUL | 33-34 |
| Infoedge | 22 |
| ITC | 33 |
| Marico | 25-27 |
| Mondelez | 32 |
| Nestle | 30-32 |
| Ninjacart | 20 |
| Navi | 28 |
| Pidilite | 26-28 |
| PIne Labs | 20 |
| Samsung | 25 |
IIM Lucknow Product Management Sector Placements 2023
The following table represents the product management sector placements for the batch 2023 at IIM Lucknow:
| Company | CTC Offered |
|---|---|
| Cogoport | 27 |
| Adobe | 30 |
| Amagi | 38 |
| Amazon | 45 |
| Atlassian | 45 |
| Microsoft | 35 |
| Mx Player | 26 |
| Media.net | 33 |
| PharmEasy | 24 |
| Salesforce | 40 |
| Paytm | 19-20 |
IIM Lucknow IT & Analytics Sector Placements 2023
The following table represents the IT & Analytics Sector placements for the batch 2023 at IIM Lucknow:
| Company | CTC Offered |
|---|---|
| Merilytics | 17.5 |
| EXL | 25 |
| Infosys | 24 |
| Makemytrip | 30 |
| Tata Play | 24 |
IIM Lucknow BFSI Sector Placements 2023
The following table represents the BFSI Sector placements for the batch 2023 at IIM Lucknow:
| Company | CTC Offered |
|---|---|
| Merisis | 40 |
| Stakeboat Capital | 30 |
| 03 Capital | 38 |
| American Express | 32 |
| Axis Bank | 20 |
| Avendus | 40 |
| Barclays | 30 |
| EY | 24 |
| Citi | 38 |
| AngelOne | 26 |
| FinIQ | 25 - 30 |
| Goldman Sachs | 33-35 |
| Kotak Mahindra Bank | 36 |
| Hdfc Bank | 16 |
| State Street | 25 |
| Premji Invest | 35 |
IIM Lucknow General Management Placements 2023
The following table represents the General Management Placements for the batch 2023 at IIM Lucknow:
| Company | CTC Range |
|---|---|
| Godrej Properties | 23 |
| Adani | 23 |
| Aditya Birla Group | 26 |
| Bajaj Finserv | 30 |
| African Industries | 50 |
| Airtel | 28-30 |
| Flipkart | 24 - 27 |
| Hinduja | 24 |
| Ola | 22 |
| JSW | 21 |
| Tech Mahindra | 25 |
| Piramal | 26 |
| TAS | 33 |
IIM Lucknow Consulting Sector Placements 2023
The following table represents the consulting sector placements for the batch 2023 at IIM Lucknow:
| Company | CTC Range |
|---|---|
| Samagra | 30 |
| Synergy | 24 |
| Alvarez & Marsel | 33 |
| Auctus | 28 |
| BCG | 36 |
| Capgemini | 22-23 |
| DAlberg | 24 |
| Deloitte | 18-24 |
| Everest Group | 27 - 28 |
| EY Parthenon | 24 |
| GEP | 22 - 25 |
| KPMG | 27 |
| Kearney | 26 |
| McKinsey | 36 |
| MasterCard Advisors | 24 |
| Synergy Consulting | 24 |
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IIM Lucknow Placements 2023 Course - Wise
The Course - Wise details for IIM Lucknow Placements 2023 is as follows:
| Particulars | PGP & PGP-ABM | PGP-SM | IPMX |
| Number of Recruiters | 200+ | 25+ | 90+ |
| Number of Offers | 632 | - | 30+ |
| Number of Students | 556 | 34 | 91 |
| Highest Package (International) | INR 65 LPA | - | - |
| Highest Package (Domestic) | INR 1 CPA | INR 66 LPA | - |
| Average Package | INR 32.2 LPA | INR 30.44 LPA | INR 26.47 LPA |
| Median Package | INR 30 LPA | INR 28 LPA | INR 26.62 LPA |
| Top 10% Average Salary | INR 49.3 LPA | - | - |
| Top 25% Average Salary | INR 44.3 LPA | INR 52.04 LPA | INR 32 LPA |
| Top 50% Average Salary | INR 40.5 LPA | INR 41.05 LPA | INR 30 LPA |
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IIM Lucknow Placement 2023 Sector - Wise
IIM Lucknow received the highest package of INR 1 CPA in Sales & Marketing. Given below is the Sector - wise highest and average package of IIM Lucknow:
| Sector - Wise | Highest Package | Average Package |
|---|---|---|
| Finance | INR 53 LPA | INR 30.9 LPA |
| Consulting | INR 45.3 LPA | INR 33.5 LPA |
| Operations | INR 49 LPA | INR 34.1 LPA |
| Sales & Marketing | INR 1 CPA | INR 28.4 LPA |
| IT & Product Management | INR 55 LPA | INR 34.3 LPA |
| General Management | INR 65 LPA | INR 31.7 LPA |
IIM Lucknow Placements 2023 Company - Wise
IIM Lucknow received the Highest Offers from Accenture (36) followed by BCG (24). Given below are the details for the same:
| Company Name | Number of Offers | Company Name | Number of Offers |
|---|---|---|---|
| Accenture | 36 | Kearney | 10 |
| Boston Consulting Group | 24 | Jio | 10 |
| Deloitte | 22 | American Express | 09 |
| PwC | 22 | HSBC | 09 |
| McKinsey & Company | 18 | Vedanta | 09 |
| E&Y | 15 | Zinnov | 08 |
| HDFC Bank | 15 | Pidilite | 08 |
| Amazon | 14 | MasterCard Advisors | 07 |
| EXL | 14 | IIFL | 06 |
| Paytm | 14 | Renew | 06 |
| Bain & Co. | 13 | Capgemini E.L.I.T.E | 05 |
IIM Lucknow Placements 2024 Top Recruiters
| Sectors | Top Recruiters |
|---|---|
| FMCG/Consumer Goods/Telecom/Digital Media | Airtel, Bajaj Consumer Care, Delhivery, Essar Group, HUL, proctor & Gamble etc |
| BFSI | Avendus Capital, ADM Capital, Goldman Sachs, HSBC, ICICI Securities, IIFL etc |
IIM Lucknow Summer Internship Placements 2025 Report
| Particulars | Internship Statistics 2025 | Internship Statistics 2024 | Internship Statistics 2023 |
|---|---|---|---|
| Number of Students | - | 566 | 562 |
| Internship Percentage | 100% | 100% | 100% |
| Number of Offers | 576 | 570 | 567 |
| Number of Recruiters | - | 185+ | 140+ |
| Highest Stipend | INR 4 Lakhs | INR 3.50 Lakhs | INR 3.40 Lakhs |
| Average Stipend | INR 1.31 Lakhs | INR 1.41 Lakhs | INR 1.30 Lakhs |
| Median Stipend | INR 1.30 Lakhs | INR 1.50 Lakhs | INR 1.25 Lakhs |
| Top 10% Average Stipend | INR 2.25 Lakhs | INR 2.30 Lakhs | - |
| Top 25% Average Stipend | INR 2.08 Lakhs | - | - |
| Top 50% Average Stipend | INR 1.77 Lakhs | - | - |
| Top Job Roles Offered | Consulting, Finance, General Management, Product Management, Sales & Marketing, Operations & Retail, E-commerce | Consulting, Finance, General Management, Product Management, Sales & Marketing, Operations & Retail, E-commerce | Consulting, Finance, General Management, IT & Analytics, Marketing & Operations |
| Top Recruiters | Accenture, Boston Consulting Group, Citi Group, Deloitte, EY etc | Adobe, Google, Hindustan Unilever Limited, ITC, PUMA etc | Accenture, Boston Consulting Group, Bain & Company, Barclays etc |
IIM Lucknow Summer Internship Placements 2024 Domain - Wise
IIM Lucknow Domain - wise highest and average stipend of IIM Lucknow batch 2024 is as follows:
| Sector - Wise | Highest Package | Median Package |
|---|---|---|
| Finance | INR 3.5 Lakhs | INR 1.5 Lakhs |
| Consulting | INR 2.2 Lakhs | INR 1.9 Lakhs |
| Product Management | INR 2.2 Lakhs | INR 1.5 Lakhs |
| Sales & Marketing | INR 2.2 Lakhs | INR 1.5 Lakhs |
| Operations | INR 1.65 Lakhs | INR 1.5 Lakhs |
| General Management | INR 1.65 Lakhs | INR 1.5 Lakhs |
IIM Lucknow Summer Internship Placements 2024 Company - Wise
IIM Lucknow received the Highest Offers from Accenture (34) followed by Amazon (25). Given below are the company name with the number of offers they made:
| Company Name | Number of Offers | Company Name | Number of Offers |
|---|---|---|---|
| Accenture | 34 | Pidilite | 13 |
| Amazon | 25 | Kearney | 11 |
| Boston Consulting Group | 21 | American Express | 9 |
| Bain & Co. | 19 | JSW | 9 |
| PwC | 18 | Dr.Reddy’s | 7 |
| McKinsey & Co. | 15 | HUL | 7 |
| Deloitte | 15 | P&G | 7 |
| MasterCard Advisors | 14 | Vedanta | 7 |
| E&Y | 13 | Aditya Birla Group | 6 |
IIM Lucknow Alumni Network
| Company Name | Number of Alumni |
|---|---|
| Accenture | 422 |
| Amazon | 371 |
| Deloitte | 293 |
| EY | 220 |
| Indian Institute of Management (IIM), Lucknow | 196 |
| Boston Consulting Group (BCG) | 157 |
| HDFC Bank | 146 |
| Bajaj Finserv | 130 |
| Microsoft | 129 |
| Flipkart | 127 |
| 109 | |
| KPMG India | 98 |
| Mc Kinsey & Company | 88 |
| Bain & Company | 77 |
| Paytm | 71 |
IIM Lucknow Placement FAQs
Ques. How are IIM Lucknow Placements?
Ans. During IIM Lucknow Placements 2024, the highest package stood at INR 1.23 CPA & the average package stood at INR 30 LPA. The participating PGP & ABM batch achieved 100% placements.
Ques. What is IIM Lucknow's average package?
Ans. During IIM Lucknow Placements 2024, the average package stood at INR 30 LPA.
Ques. What was IIM Lucknow's highest package?
Ans. The highest package stood at INR 1.23 CPA during IIM Lucknow Placements 2024.
Ques. How are IIM Lucknow Summer Placements?
Ans. During IIM Lucknow Summer Internship Placements 2025, 100% of the students received internships. The highest stipend stood at INR 4 Lakhs per month & the average stipend stood at INR 1.31 Lakhs per month.
Ques. How many offers were received during IIM Lucknow Placements 2024?
Ans. Students received 634 offers during IIM Lucknow Placements 2023.
Ques. How many students were placed during IIM Lucknow Placements 2024?
Ans. 576 students participated in IIM Lucknow Placements 2024. The batch received 100% placements.
Ques. Who were the Top Recruiters during IIM Lucknow Placements 2023?
Ans. Accenture, Deloitte, Mc Kisney, Microsoft, ABG, Adani Group, BCG, Bain & Company etc were some of the Top Recruiters during IIM Lucknow Placements 2024.
Ques. What was the Top 80% Average Package during IIM Lucknow Placements 2023?
Ans. IIM Lucknow Placements 2023 recorded INR 34.6 LPA as the Top 80% Average Package.
Ques. What roles were offered in the BFSI Sector during IIM Lucknow Placements 2023?
Ans. Private Equity, Front End Investment Banking, Equity Research, Global Markets were some of the roles offered in the BFSI Sector during IIM Lucknow Placements 2023.
Ques. Did IPMX see an increase in their Average Package & Median Package during IIM Lucknow Placements 2023?
Ans. IPMX Students witnessed an increase of 7% in Average Package and 11% in Median Package.
IIM Lucknow Highest and Average Package
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Why To Join IIM Lucknow - Reviews & Rating
Most Popular Tags
Likes
- Placement - The Placement scenario at IIML was amazing
- Culture- The culture of academic rigour at IIML was something that pushed students to do better
Dislikes
- Single badminton court- There could have been more badminton courts
Placement Experience:
Indian Institute of Management Lucknow , proudly boasts 100% placement with a very high average placement. The Average placement during 2020 graduates was close to 23 Lakhs per annum. The Faculty and the placement Committe support highly in placing the students.
Likes
- Professors and their way of teaching was excellent. They did not leave any stone unturned
- The experience with fellow students was exhilarating to say the least. The different perspectives that they have to offer is mind boggling
Dislikes
- Sometimes it felt as if the curriculum is too intense. The load can be lightened a little bit
Placement Experience:
Students become eligible for final placements from the 4th trimester. All big companies from India and abroad visit here. The highest package offered was 1crore last year, average was around 30 lpa. 100% placements happen here.
Likes
- The diversity of students which you have here is very helpful as you get to learn from your peers very much as they all are from different background and everyone has a different mindset with some or the other quality which really helps as a student.
- The quality of faculty that we have is very helpful.
Dislikes
- Sports facilities have a scope of improvement.
Placement Experience:
As far as placements are concerned, the students gears up for summer intership placements in the first term itself just after the completion of first term they appear for summer placements and the final placements are held after the completion of 5th term. Many Reputed firms like TATA, Mckinsey, Bane etc.visits the campus to recruit every year. The highest salary offered in final placements of batch 2021-2023 is about 65 L and the average and median were around 30 L. The college has maintained its legacy by placing 100 percent students every year. Numerous amount of opportunities are there as a student of IIM-L.
Likes
- Real industry practical knowledge in all the fields - Finance, Marketing, Supply chain
- Opportunity to explore your interests through extra curricular clubs by performing at various events
Dislikes
- Intense competition for getting marks and placements
Placement Experience:
From the 4th trimester, students become eligible for campus placements, there are more than 200 top companies that visit IIM Lucknow for placements. The entire batch gets placed with many students having multiple placement offers. The average package is around 26 lacs per annum. 100% of students get placed. I started as a Product Manager at Microsoft.
Likes
- Campus life including batch, clubs & activities
- Course was good. With specializations, faculty was good. Really liked the course bidding system
Dislikes
- Library is too small for the entire batch. New reading halls could be made near hostels.
Placement Experience:
Summer placement occurs during the month of September i.e. term 1. Lateral placement & final placements occur in Term 5 & 6 respectively. College has 100% placements. Most top companies like BCG, McKinsey, HUL, Amazon, Microsoft, Google, JP Morgan, Citi Bank, Colgate, Accenture, Uber, Adani, TAS, Jio digital, Salesforce etc hired from campus. Accenture hired 36, BCG 24, Deloitte 22, PWC 22, McKinsey 18, EY 15, HDFC 15, Amazon 14, Bain 13, Vedanta 9, Pidilite 8 etc. Highest package ofbusiness 1 crore. Average package 32.2 lacs per annum. My plans after degree is to join job I get from campus.
Likes
- Placement, Peer Group, Campus Life, Parties
Placement Experience:
Amazing opportunities. Avg. package is 32 lakhs with top companies hiring from our campus. Companies from various domains like Finance, Marketing, Product Management, and Consulting visit the campus to hire students. 100% placements
Likes
- Campus life, availability of food 24 hrs
- Sports amenities and cultural event and sports event
Dislikes
- AC could be allowed in hostels which is currently not in practice
Placement Experience:
There's 100% placement this season but it's not mandatory that every student will get placed. You need to work hard for getting placed but you get all the help from the institute for your successful placement.
Likes
- Study methodology
- Campus
Dislikes
- Need more marketing for this course for visibility of one year MBA
- No late night Canteen inside campus
Placement Experience:
After 2 semesters and as per course plans decided by the chair Industry leaders almost all companies It's no disclosure policy but you can see it on the official website where its clearly indicated after each year 100 per cent placement in the past few years Joining the company where I got placed
Likes
- Faculty - quite amazing and always helpful
- peer group - pantheon of next gen leaders are created here, its quite the catalyst to drive you
Dislikes
- Its a little away from airport & main city though self-sustainable but trips with friends are a little daunting usually
Placement Experience:
There are two phases of placements first is laterals (usually during or after Nov) and finals (after laterals) both are held during the second year around term 5. Some of the prominent companies which visit the campus are Goldman Sachs, Wells Fargo, Puma, HDFC, HSBC, Bain, Mckinsey, A&M, Axis, Avendus, Pidilite etc. Laterals are usually for people with more experience. The profiles offered are across industries and domains, including but not limited to consulting, Finance, Marketing, BFSI, NBFC, IT, General management etc. The campus has a 100% placement stat with the highest CTC of 58 lakhs domestic and 61.59 lakhs international average CTC was 31.03 lakhs for a batch of 2020-2022.
Placement Experience:
Placements are offered by the college itself, with 100% placements attained in all of the previous months. Summer placement interviews happen around the month Sep-Oct. Winter placements happen in two stages, lateral placements (HEPP) for experienced candidates and final placements. HEPP happens during the month of December and finals happen during January. Top companies in all sectors visit the campus, the top domains being consulting, finance, and marketing. The highest packages have been around 60LPA INR and the average hovers around 29LPA.
IIM Lucknow: 17 Answered Questions
What is the average salary of IIM Lucknow?
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 |
How's the placement at IIM Lucknow?
This year in 2024, IIM Lucknow placements took quite alot of time to complete but the institute was able to record a 100% placement. The batch of 576 secured a total of 634 offers from the 250 participating recruiters.
The highest international package recorded was INR 1.23 LPA and the highest domestic package was INR 65 LPA. The average package stood at INR 30 LPA and the median package was at IRN 27 LPA.
The students were offered roles in in Consulting, Finance, General Management, IT and Analytics, Sales and Marketing, Operations, and Retail E-Commerce from top recruiters across the globe.
Some of the top recruiters who participated in the IIM Lucknow placement drive included ABG, Accenture, Adani Group, BCG, Deloitte, Jio Financial Services, McKinsey, Microsoft, Procter & Gamble, PwC, Samagra, Shell, VISA, Target, and TAS.
What is the reality of placements at IIM Lucknow?
IIM Lucknow is one of the top management colleges in India. It has a strong reputation for its management courses. It has a dedicated placement cell to ensure good career opportunities for its students. Its average and median packages are at par with those of other reputed B schools in India.
Graduates of IIM Lucknow are placed in well paying jobs across diverse sectors. Accenture, Amazon, Deloitte, EY, Goldman Sachs, Hindustan Unilever Limited (HUL), JP Morgan Chase & Co., McKinsey & Company, PwC and The Boston Consulting Group (BCG) are some of the reputed brands that recruit students from this college.
IIM Lucknow alumni work at top brands across the globe.
I have got admission from IIM Lucknow and I am expecting to convert from FMS Delhi. I am aware of the ROI and average salaries. Which one should I choose? What are campus life and job offers like?
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.
What is the salary of IIM Lucknow passouts?
IIM Lucknow placements 2022 ended with an average CTC of INR 31.03 LPA. Here are the highlights of the salary package information.
| Parameters | Placement Statistics (2019-21) | Placement Statistics (2020-2022) |
| Median CTC | INR 23.5 LPA | INR 29 LPA |
| Highest Domestic CTC | INR 51 LPA | INR 58 LPA |
| Highest International CTC | INR 56 LPA | INR 61.59 LPA |
Adobe, Myntra, IBM, Puma, etc. are some of the major recruiters that visit the campus placements frequently.
What is the placement scenario and scope of the IIM PGP Agri Business Management (ABM) program in general and with special reference to IIM Lucknow?
It depends on the other options available to you. ABM graduates are eligible for many of the marketing and operations jobs that normal PGP students are. Choosing an ABM at any of the top IIMs (including IIM Lucknow) is a better option than a general MBA from a tier 2 business school. Even if you take a drop for CAT, it will be a waste of your year. In an MBA, your college tag makes a big difference. In the long run, the IIM tag will benefit your corporate career a lot.
How good is IIM Lucknow PGPSM course in terms of placement?
The PGPSM course of IIM Lucknow is fairly new, and has a small batch size. The placements for this course are good enough, and the average package is comparable to the flagship PGP course of IIML.
It is quite easy for a college of this stature to get such a small batch of students placed. But PGPSM is conducted from the Noida campus, so the students lose out on the facilities and opportunities available at the main Lucknow campus.
But this course is recommended for those who want to build a career in Sustainable Management.
Why is IIM Lucknow so secretive about placement statistics, unlike other IIMs?
Unlike IIM A who reports the placement correctly and follows IPRS, every other IIM doesn’t do the same. But this secretive nature of IIM Lucknow does not conclude that it has a bad or average placement. There are few factors regarding this clause, and some of them are listed below.
- The placement of IIM Lucknow is quite good. But, there are cases of mentioning increased and inflated figures in data, and average salaries are used instead of median salaries.
- According to the newspapers, most of them get huge salary packages, which is not exactly true. 80% of the entire batch get good salary packages, while the bottom 20% struggle to get decent packages. This is the case across many B schools in India.
- There are several factors that matter in placement, which include the number of recruiters visiting the campus, the number of big brands and new brands, the average salary of top 100-200 students, etc.
So, no detailed reports are provided from IIM Lucknow regarding their placement. Detailed information is usually received from insiders like alumni and professors, without disclosure in identity.
What are the top consults that visit IIM Lucknow? What are the numbers of hires per top consulting firm at IIM Lucknow?
Instead of going with the conventional approach, let us approach this question differently. This will still be accurate and provide the correct assumptions and statistics as the question demands.
There are 20 IIMs in total and even if all of these institutions have been selecting students for their upcoming batch, the status quo is not more than one-third of the students of a batch of any IIM including IIM Ahmedabad and IIM Bangalore. This is because of factors such as a student’s attitude, previous work experience, and not because of any supply-demand constraints. It is also to be noted that none of the IIMs selects a candidate below 96%ile in CAT.
Out of the total students in a batch at IIM Lucknow, around 150 are fit for consulting roles. Similarly, 100 may be perfect for sales roles and not marketing or any finance roles. Now as we know that 150 students are available for consulting companies, all of these 150 students are made offers by consulting companies visiting the campus and none of the offers gets rejected.
If the richer Investment Banking companies visit the campus, the students will get divided by their preferences as to where to go. But, it was only in the 1990s when Nomura visited the campus of IIM Lucknow making an offer for its global business.
The list of consulting companies visiting IIM Lucknow is as follows: Bain, ATK, BCG, Accenture, McKinsey, Cognizant, HCL, KPMG, E&Y, etc.
Does a work experience of 4 years reduce my chances of getting certain jobs during placements at IIM Lucknow?
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 know the industry better than any newcomer.
- You've been exposed to corporate culture, so you're definitely cultured.
- Whatever work you have done up to this point has undoubtedly taught you people management skills.
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.
IIM Lucknow Alumni Distribution by Sector
Frequently Visited Companies
| 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 |
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2 Comments
IIM Lucknow Gets 100% Placement With ? 1.23 Crore as the highest package. With 576 students receiving 634 offers, the largest batch in the institute to receive 100 percent placement in its 38-year history.
According to the placement statistics of 2023 and 2024 of IIM Lucknow, the average placement package offered to most of the students falls between INR 30 lacs per year to INR 32 lacs per year.