look news india
Indian Institute of Management Lucknow (IIM Lucknow), one of the prestigious management institutes of the country, has set a new record by registering 100 percent placement in the summer placement drive of its flagship Post Graduate Program (PGP). Amidst the global economic slowdown and news of layoffs in the technical sector, the students of IIM Lucknow have proved their excellence in the corporate world.
According to the official data released by the institute, all the registered students involved in the placement drive have received internship offers. Almost 75 percent of the students of the entire batch have received an impressive stipend of an average of ₹1.50 lakh per month. The overall median stipend of the institute was recorded at ₹1.75 lakh per month and the average stipend was recorded at ₹1.50 lakh per month, which is one of the highest levels among Indian business schools.
Along with domestic companies, global multinationals also participated enthusiastically in this year’s summer placement season. During the placement process students have to complete a total of more than 600 offers meet.
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Highest Domestic Stipend: This time maximum domestic stipend ₹3.50 lakh per month Reached.
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Record of the first day: The strong trust of the recruiters can be gauged from the fact that on the very first day of the placement process Over 350 Summer Internship Offers Were issued.
| Description (Parameter) | Placement Statistics |
| overall placement rate | 100% success |
| Total offers received | more than 600 |
| Offers released on the first day | more than 350 |
| Highest household monthly stipend | ₹3.50 lakh per month |
| Median Monthly Stipend | ₹1.75 lakh per month |
| Average monthly stipend of 75% batch | ₹1.50 lakh per month |
In this summer placement drive, a large number of students were hired by leading companies in Consulting, Finance, General Management, Product Management, IT/Analytics and FMCG sectors.
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Traditional Veteran Recruiters: Top companies like Accenture, Amazon, Google, Adobe, McKinsey, Boston Consulting Group (BCG), PwC and Deloitte recruit extensively for consulting and strategy roles.
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New recruiters added for the first time: The placement network further expanded this year, with leading companies like Coca-Cola, Flipkart, Groww, Swiggy, IBM, Bayer, Cummins, DBS Bank, Expedia Group and ReNew Power participating for the first time and offering attractive profiles.
Highest offers in the placement drive were recorded in Management Consulting and BFSI (Banking, Financial Services and Insurance) domains. Private equity, venture capital, investment banking and fintech companies offered the highest packages to students for roles related to wealth management and corporate finance. Apart from this, FMCG and consumer goods companies gave preference to students for sales, marketing and supply chain management roles.
According to the placement cell of the institute, 100% summer placements and strong stipend package indicate that IIM Lucknow students’ practical understanding, leadership abilities and skills to deal with modern business challenges continue to be in high demand in the industry.