99 Moonshots: IIM Lucknow Launches PGP 1999 Batch Alumni Fellowship to Advance Doctoral Research
Ayushi Singh, Research Scholar, Operations & Supply Chain Management, and Satish Kumar, PhD Scholar, Strategic Management, have been announced as the first recipients of this fellowship
Indian Institute of Management Lucknow has announced launch of 99 Moonshots, a 1999 Batch Fellowship grant to enhance research productivity among doctoral scholars. Funded by Institute’s Post-Graduate Program (PGP) Class of 1999, fellowship will support IIM Lucknow’s long-term vision of elevating its academic and research standing.
Prof. M.P. Gupta, Director, IIM Lucknow, said, “I feel an immense pride in announcing the IIM Lucknow 1999 Batch Fellowship for PhD students, a meaningful initiative that reflects our alumni’s enduring commitment to advancing research excellence. Recognising Ayushi Singh and Satish Kumar as the first recipients sets a strong precedent for nurturing impactful scholarship. This fellowship will empower our doctoral community to pursue rigorous inquiry and contribute solutions that shape academia, industry, and society. I am extremely grateful to the 1999 Batch for this support.”
Commonly asked questions
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 LPA | 600+ |
| IIM Kozhikode | INR 31.02 LPA | INR 67.02 LPA | 559 |
| IIM Calcutta | INR 35.07 LPA | INR 115 LPA | 573 |
| IIM Indore | INR 25.68 LPA | INR 100 LPA | NA |
The institute has released the salary data for PGP & PGP ABM, PGP SM, and IPMX students passing out in 2025. Take a look at the table below to know the Indian Institute of Management Lucknow packages offered in 2025:
Particulars |
Placement Statistics (2025) |
|---|---|
the highest Package (domestic) |
INR 75 LPA |
the highest Package (international) |
INR 65 LPA |
Average Package |
PGP & PGP ABM: INR 32.3 LPA PGP SM: INR 22.66 LPA IPMX: INR 27.72 LPA |
Median Package |
PGP & PGP ABM: INR 31 LPA PGP SM: INR 20 LPA IPMX: INR 27.19 LPA |
According to unofficial sources, IIM Lucknow alumni are primarily working in the Business Development sector with a 28% share. The below pie chart illustrates the detailed sector-wise distribution of alumni:
NOTE: The sectors involved in the 'Others' category are Engineering, Information Technology, and Consulting.
Prof. Sanjay Singh, Dean (Programme), IIM Lucknow, said, “I hereby extend my heartfelt gratitude to the Class of 1999 for their generous contribution in establishing this fellowship for our PhD students. I warmly congratulate the first fellowship awardees for their outstanding academic promise. This support will undoubtedly inspire them to pursue impactful research and uphold the highest standards of scholarship.”
Institute's 1999 batch proposed this fellowship to strengthen high-quality research output at the Institute.
In addition to covering the fellowship, the grant will also include:
A publication award of Rs. 1 Lakh for research published or accepted in top-tier (Category A and above) journals;
A conference grant of Rs. 3 Lakh to enable scholars to present at leading international conferences; and
Academic support, including contingency and data-collection grants, in line with the PhD Programme Manual
Prof. Pushpendra Priyadarshi, Chairperson, Doctoral Program in Management, IIM Lucknow, said, “Through this unique initiative, our alumni have kept the PhD programme front and centre in their bit to reinforce IIM Lucknow’s commitment to cutting-edge management research. Their involvement and commitment to this initiative have been admirable and I am very happy to find them impressed with the research ideas shared by our students. I look forward to more alumni joining this initiative, engaging, and strengthening the programme.”
Follow Shiksha.com for latest education news in detail on Exam Results, Dates, Admit Cards, & Schedules, Colleges & Universities news related to Admissions & Courses, Board exams, Scholarships, Careers, Education Events, New education policies & Regulations.
To get in touch with Shiksha news team, please write to us at news@shiksha.com

Abhay Anand is an experienced education journalist with over 15 years in print and digital media. Currently serving as Manager- Editorial at Shiksha.com, he specializes in higher education policy, student mobility,
Read Full Bio