IIM Lucknow - Indian Institute of Management Answered Questions

IIM Lucknow is ranked at the sixth position by the National Institutional Ranking Framework 2023 under the Management category. In addition, Business Today has placed it at fourth position for its Management programme. Thus, it is one of the top-ranked colleges in India which offers postgraduate courses to students across various specialisations. 

The institute has released the summer placement reports for batch 2023-25. As per reports, 100% of PGP and PGP ABM students received summer placements. A total of 576 offers were made to 555 PGP and PGP ABM students. The highest stipend offered to PGP & PGP ABM students was INR 3.50 lakh per month. Check the key highlights of IIM Lucknow summer placements from the table below:ParticularsPGP & PGP ABM Summer Placements (2023-25)Average stipendINR 1.31 lakh per monthHighest stipendINR 3.50 lakh per monthMedian stipendINR 1.30 lakh per monthTop 10% average stipendINR 2.90 lakh per monthNo. of students with stipend of more than INR 1 lakh410No. of students with stipend of more than INR 1.50 lakh259Placement rate100%Offers made576Students placed555Companies participated210+Popular recruitersAccenture, P&G, HUL

A total of 576 PGP & PGP ABM students were placed during IIM Lucknow placements 2024. A majority of students were placed in the Consulting domain. The table below mentions the domain-wise split of PGP & PGP ABM placements 2024:DomainPGP & PGP ABM Placements (2024)Consulting37%Product Management19%Finance16%Sales & Marketing13%General Management12%Operations3%

Refer to the table below to know which IIM has the highest package:Particulars Highest Package (2024)Average Package (2024)Offers Made (2024)IIM Lucknow INR 30 LPA INR 123 LPA600+IIM Kozhikode INR 31.02 LPAINR 67.02 LPA559IIM Calcutta INR 35.07 LPAINR 115 LPA573IIM Indore INR 25.68 LPAINR 100 LPANA 

Take a look at the table below to know the company-wise bifurcation of roles offered during the IIM Lucknow placements 2024 for PGP SM:Roles Offered PGP SM Placements (2024)Sustainability Consulting 61%Corporate Sustainability19%General Management 8%Policy Research 6%Product Management 6%  

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 LPAthe highest packageINR 65 LPA (international)/ INR 1 crore per annum (domestic)INR 66 LPAN/AMedian packageINR 30 LPAINR 28 LPAINR 26.62 LPA

In total, 43 PGP SM students were part of the summer placements 2024 and achieved a 100% placement rate. As per reports, 100% of the batch received summer placement opportunities. The highest stipend and average stipend offered were INR 4 lakh and INR 1 lakh, respectively. The complete details related to IIM Lucknow summer placements for PGP SM batch 2023-25 are as follows:ParticularsPGP SM Summer Placements (2023-25)Total students44Students participated43Students placed43Placement rate100%New recruiters15Companies participated22Average stipendINR 1 lakh*Highest stipendINR 4 lakh*Median stipendINR 1 lakh*Top 25% stipendINR 1.73 lakhTop 50% stipendINR 1.36 lakh*The stipend mentioned above is for the entire internship duration.

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. 

The highest stipend bagged during PGP & PGP ABM summer placements 2023-25 was in the Finance sector. The sector-wise stipend details for IIM Lucknow summer placements 2023-25 are tabulated below:SectorHighest Stipend (2023-25)Median Stipend (2023-25)Consulting INR 3.20 lakh per monthINR 1.80 lakh per monthFinanceINR 3.50 lakh per monthINR 1.50 lakh per monthGeneral ManagementINR 2.25 lakh per monthINR 1.50 lakh per monthOperationsINR 2.25 lakh per monthINR 1.50 lakh per monthProductINR 2 lakh per monthINR 1.30 lakh per monthSales and MarketingINR 2.25 lakh per monthINR 1.50 lakh per month

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:DomainHighest Package (2024)Average Package (2024)Consulting INR 45.30 LPAINR 33 LPAFinanceINR 64 LPAINR 32.70 LPAGeneral ManagementINR 33 LPAINR 26 LPAProduct and AnalyticsINR 1.23 crore per annumINR 30.50 LPAOperationsINR 35 LPAINR 29.30 LPASales and MarketingINR 36 LPAINR 23.50 LPA