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. Check here detailed IIM Lucknow placement report 2023.

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&A Icon
Commonly asked questions
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

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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 contents
  • 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&A Icon
Commonly asked questions
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 Shrivastava is MA in English Literature from Delhi University with extensive experience in content writing of over 14 years. She has been handling content for Management, Accounting and Commerce streams for 8

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chatAnything you would want to ask experts?
Write here...

Answered 3 weeks ago

IIM Lucknow fees is different for each programme. Students have to pay the fees to complete the process. The amount can be paid online or offline. The fees is as below:

CourseTotal Tuition Fees
PGPINR 12.6 lakh
PGP for Working ExecutivesINR 11 lakh
IPMXINR 26 lakh

S

Sanjana Srivastava

Contributor-Level 10

Answered 3 weeks ago

Students have to submit some documents for IIM Lucknow admission and application. The general list is as below:

  • Class 12 marksheets & Certificate
  • UG/PG degree marksheets and Certificate
  • Entrance exam scorecard & admit cards
  • SOP - if applicable
  • Aadhaar card or other identity proof
  • Caste certificate - if ap

...Read more

M

Manashjyoti Srivastava

Contributor-Level 10

Answered 3 weeks ago

IIM Lucknow shortlists students on an entrance basis mainly. For flagship PGP programme, students need to appear for CAT exam followed by GDPI. The selection process is as below:

CoursesSelection Criteria
MBA/ PGP

CAT + WAT + PI

Executive MBA/PGPGMAT/ CAT/ XAT/ GATE/ PGP-WE Entrance Exam + WAT + PI
FPMCAT/ GATE/ GRE/ GMAT or JRF/ SRF (UGC/ CSIR/ ICAR)

P

Pallavi Karan

Contributor-Level 10

Answered 3 weeks ago

Yes, IIM Lucknow does consider Class 12 marks while making the merit list for MBA programmes. But, Class 12 marks are only one of the selection parameters. Others include CAT score, UG marks, GDPI performance, extra curricular activities, and more.

U

Upasana Harsha

Contributor-Level 10

Answered 3 weeks ago

To get admission in IIM Lucknow, students have to check the eligibility first. Eligible students can then apply online. The institute selects students on an entrance basis. For PGP/ MBA courses, students need to submit CAT scores. The college then conducts other selection rounds, such as interview a

...Read more

B

Bhumika Jain

Contributor-Level 10

Answered 3 weeks ago

Yes, IIM Lucknow does offer scholarships. The institute provides financial help to eligible students. To get the scholarship benefits, students can apply online. The forms have to be given to the institute's office/ website.

A

Anangsha Aggarwal

Contributor-Level 10

Answered 3 weeks ago

IIM Lucknow MBA cutoff for the general category generally goes upto 90 percentile. Students must aim to score 90 & above to get admission in the institute. For other categories, the cutoff is generally lower and ranges from 60 percentile to 85 percentile. However, this changes every year. Students c

...Read more

N

Nishtha Hazarika

Contributor-Level 10

Answered 3 weeks ago

Students can get admission in IIM Lucknow without CAT score. But only for courses, such as EFPM, FPM, EPGP programmes. Those seeking flagship PGP/ MBA course admission must have valid CAT score. The IIM Lucknow courses for which CAT is not needed are as below:

  • IPMX
  • PGPX 
  • FPM

A

Anupama Garg

Contributor-Level 10