IIM Lucknow Placements 2023: Highest CTC INR 1 crore and Average CTC INR 32.23 lakh per annum

Vipra
Vipra Shrivastava
Senior Manager - Content
2 mins readUpdated on Jun 30, 2023 16:37 IST

IIM Lucknow placement process 2023 witnessed record offers of highest CTC INR I crore per annum and average CTC INR 32.23 lakh per annum. Read here complete report of IIM Lucknow final placements 2023.

IIM Lucknow placements

IIM Lucknow placements process 2023 for PGP Sustainable Management and Agri Business Management witnessed 100 per cent hiring. A record number of offers rolled out to 556 students across Consulting, Finance, General Management, IT & Analytics, Sales & Marketing, Operations & Retail E Commerce.

The highest domestic salary offer stood at INR 1 crore per annum, whereas the average CTC stood at INR 32.23 lakh per annum. Median CTC stood at INR 30 lakh per annum, for the IIM Lucknow batch of 2021-23.

Q:   Can I get a job after completing FPM from IIM Lucknow?
A:

Yes, there are multiple job options available for candidates after completing the FPM programme. The common ones are lecturership and research work. Apart from this, candidates can also apply for private jobs at senior managerial level. Some of the popular job profiles for FPM pass outs are Relationship Manager, Project Manager, Management Executive, etc. In addition, the list of top recruiters include HCL, HDFC Bank, Britannia Industries, etc. Read more about FPM course and career scope, here.

Q:   What is the highest package of IIM Lucknow?
A:

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

Q:   Which was the top domain during IIM Lucknow placements for PGP and PGP ABM?
A:

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:

Domain

Highest Package (2024)

Average Package (2024)

Consulting 

INR 45.30 LPA

INR 33 LPA

Finance

INR 64 LPA

INR 32.70 LPA

General Management

INR 33 LPA

INR 26 LPA

Product and Analytics

INR 1.23 crore per annum

INR 30.50 LPA

Operations

INR 35 LPA

INR 29.30 LPA

Sales and Marketing

INR 36 LPA

INR 23.50 LPA

Average salary offer for top 10 per cent students stood at INR 49.30 lakh per annum and for top 50 per cent students, it stood at INR 40.50 lakh per annum.

Top companies which participated in the IIM Lucknow placements 2023 for PGP/PGP-ABM included Accenture, Bain & Company, American Express, BCG, Deloitte, EXL, Vedanta, Paytm, HDFC Bank, Amazon, PWC, Mastercard, Pidilite, etc.

Table of content
  • IIM Lucknow placements 2023 Highlights: PGP/PGP ABM
  • IIM Lucknow Placements 2023: Domain-Wise Split
  • IIM Lucknow Placements 2023: Top Recruiters
  • IIM Lucknow Placements: 2023 vs 2022 vs 2021
  • Read More:

IIM Lucknow placements 2023 Highlights: PGP/PGP ABM 

More than 200 companies participated in the campus placement process. Check below key highlights of IIM Lucknow PGP/PGP ABM placements 2023:

Features

Details

Highest international CTC offered

INR 65.00 LPA

Highest domestic CTC offered

INR 1.00 CPA

Average CTC offered

INR 32.23 LPA

Median CTC offered

INR 30.00 LPA

Number of recruiters

200+

Number of students participated

556

Total number of offers

632

IIM Lucknow placements 2023

IIM Lucknow placements 2023

IIM Lucknow Placements 2023: Domain-Wise Split

In IIM Lucknow placements 2023, maximum number of offers were made in Consulting domain followed by IT and Product Management. Take a look at highest and median CTC figures, domain wise.

Domain

Number of offers

Highest CTC

Average CTC

Consulting

204

INR 43.50 LPA

INR 33.55 LPA

IT & Product Management

104

INR 55.00 LPA

INR 34.30 LPA

Finance

99

INR 53.00 LPA

INR 30.09 LPA

Sales and Marketing

73

INR 1.00 CPA

INR 28.40 LPA

General Management

61

INR 65.00 LPA

INR 31.70 LPA

Operations

15

INR 49.00 LPA

INR 34.10 LPA

IIM Lucknow Placements 2023: Top Recruiters

In IIM Lucknow placements 2022, maximum offers were made by Accenture Strategy, Deloitte India and Amazon. Check the table below for top companies and number of offers from them.

Recruiters

Number of Offers

Accenture Strategy

36

BCG

24

Bain & Co.

23

Deloitte India

22

PwC

22

McKinsey & Co.

18

Ernst & Young

15

HDFC Bank

15

Amazon

14

Paytm

14

EXL

14

American Express

10

Kearney

10

JIO

10

Jio Platforms

09

Vedanta

09

Zinnov

08

Pidilite

08

Mastercard Advisors

07

Renew

06

IIFL

06

Capegemini ELITE

05

IIM Lucknow Placements: 2023 vs 2022 vs 2021

Check below, a comparative table indicating highlights of IIM Lucknow final placements of 2023, 2022 and 2021:

Q:   How is the placement of IIM Lucknow?
A:

IIM Lucknow has recorded 100% placements for the PGP & PGP ABM 2024 passing-out batch. Alongside this, more than 600 offers were made to PGP & PGP ABM batch 2022-24. The key highlights for IIM Lucknow placements 2024 are tabulated below:

ParticularsPGP & PGP ABM (2024)PGP SM (2024)IPMX (2024)
Placement rate100%N/AN/A
Offers made600+N/AN/A
Total studentsN/A41106
Students placedN/A57689
Companies participated200+29N/A
Companies made offersN/AN/A26+
Q:   What is the average package offered to MBA students at IIM Lucknow?
A:

IIM Lucknow concluded the final placements for PGP and PGP ABM 2023 passing out batch with 100% students placed in various top companies. A total of 632 job offers were made to 556 students. The IIM Lucknow average package for PGP and PGP ABM stood at INR 32.2 LPA. The the highest package and median package offered during PGP SM placements in 2023 were INR 66 LPA and INR 28 LPA, respectively. Around 25 companies participated in the IIM Lucknow placements for 2023 for PGP SM. Further, over 90 companies participated in the IPMX placements for 2023 and Consulting emerged as one of the top recruiting sectors. 

Q:   Which IIM has highest placement package?
A:

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 LPA559
IIM Calcutta INR 35.07 LPAINR 115 LPA573
IIM Indore INR 25.68 LPAINR 100 LPANA

 

Features

2023

2022

2021

Highest international CTC offered

INR 65.00 LPA

INR 61.59 LPA

INR 56.00 LPA

Highest domestic CTC offered

INR 1.00 CPA

INR 58.00 LPA

INR 51.00 LPA

Average CTC offered

INR 32.23 LPA

INR 31.03 LPA

INR 26.00 LPA

Median CTC offered

INR 30.00 LPA

INR 23.40 LPA

INR 23.00 LPA

Read More:

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About the Author
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Vipra Shrivastava
Senior Manager - Content
Vipra is a massive Breaking Bad fan. When not watching crime drama series, she spends time in updating the list of places she wants to visit and people she wants to meet, but she is happiest in the company of dogs. Read Full Bio
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Write here...

Answered a month ago

For IIM Lucknow PGP programme admission process, students must first visit the official website. Then click on the Apply Now tab. Then, select the required course. Then, pay the application fee. Then, fill out and submit the application form with required information. 

V

Vikrant Shekhar

Contributor-Level 9

Answered 2 months ago

Indian Institute of Management, Lucknow offers a large diversity of courses to students in Management field. IIM Lucknow admissions are held on the basis of entrance test. Students seeking course admissions must clear their previous qualifying examination and appear for the prescribed entrance exam

...Read more

A

Ashwin Yadav

Contributor-Level 10

Answered 4 months ago

The institute has had a strong 100% placement record for its PGP graduates. Check out the table for more clarity on IIM Lucknow placements:

Particulars 

Placement Statistics (2023)

Placement Statistics (2024)

the highest Package (domestic)

INR 100 LPA

INR 123 LPA

the highest Package (international)

INR 65 LPA

INR 65 LPA

Average Package

PGP & PGP ABM: INR 32.20 LPA

- PGP SM: INR 30.44 LPA

- IPMX: INR 26.47 LPA

PGP & PGP ABM: INR 30 LPA

- PGP SM: INR 20.14 LPA

- IPMX: INR 25.53 LPA

Median Package

PGP & PGP ABM: INR 30 LPA

- PGP SM: INR 28 LPA

- IPMX: INR 26.62 LPA

- PGP & PGP ABM: INR 27 LPA

- PGP SM: INR 18.05 LPA

- IPMX: INR 24.47 LPA

Total Offers

PGP & PGP ABM: 632

- PGP & PGP ABM: 600+

Placement rate

- PGP & PGP ABM: 100%

- PGP SM: 100%

- PGP & PGP ABM: 100%

Note- The stats are subject to change as the final reports are yet to be released. 

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 3 months ago

IIM Lucknow MBA fee structure is cumulative of various components, such as tuition fee, admission fee, refundable deposits, etc. Once selection procedure is completed, the candidates have to pay the admission fee amount to lock their seats. IIM Lucknow MBA tuition fees is INR 12.6 lakh. This fee amo

...Read more

A

Aayush Bhatnagar

Contributor-Level 9

Answered 3 months ago

The Executive MBA courses offered by IIM Lucknow are of one or two years long. Candidates who get selected for admission have to pay the admission fee amount. There are multiple components included in the fee structure. Check below the tuition fees for both the programmes:

  • PGPM for Working Profession

...Read more

V

Virajita Madavi

Contributor-Level 9

Answered 3 months ago

Yes, CAT is compulsory for MBA at IIM Lucknow. Candidates must score well in the CAT entrance exam to get admission in the MBA programme at IIM Lucknow. The selection process for admission includes various rounds that are listed below:

  • Performance in personal interview round
  • Educational background
  • Work

...Read more

A

Aishwarya Kumari

Contributor-Level 9

Answered 3 months ago

IIM Lucknow accept applications in online mode for the Executive MBA programme. Candidates who meet the eligibility criteria can apply for the course admission. The steps to be followed for the online application form filling are mentioned below:

  1. Visit the official website.
  2. Click "Apply".
  3. Enter require

...Read more

R

Ranjeeta Karan

Contributor-Level 9

Answered 3 months ago

IIM Lucknow offer MBA/ PGP courses in different specialisations. The duration of these programmes is two years. Candidates are selected for admission based on CAT scores. Mentioned below are the available courses:

S

Saumya Shukla

Contributor-Level 9