What is the reality of IIM Lucknow placements? It's much better than what most students expect.
Since its inception in 1957, the Institute of Management Development (IMD) has been noted for imparting world-class management education to aspiring professionals. IIM Lucknow remains one of the few IIMs that mandates placement for all its undergraduate courses.
Given the high demand for skills in today's job market, graduates from the institute are in a desirable position. However, not everyone accepted into IIM Lucknow gets placed. And those who get placed often have unrealistic expectations about what a placement entails.
If you're a stude
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What is the reality of IIM Lucknow placements? It's much better than what most students expect.
Since its inception in 1957, the Institute of Management Development (IMD) has been noted for imparting world-class management education to aspiring professionals. IIM Lucknow remains one of the few IIMs that mandates placement for all its undergraduate courses.
Given the high demand for skills in today's job market, graduates from the institute are in a desirable position. However, not everyone accepted into IIM Lucknow gets placed. And those who get placed often have unrealistic expectations about what a placement entails.
If you're a student looking for an IIM placement, the reality can be a bit different from what you may have been expecting. In this blog post, we will discuss the IIM Lucknow placement of previous years. So whether you're currently searching for an IIM placement or just want to be prepared for what's ahead, read on to learn more about the reality of IIM Lucknow placements.
Placements in IIM Lucknow 2022
A 100% placement rate was achieved during the 2022 recruitment drive at IIM Lucknow. A total of 534 placement offers were made by 150 recruiting firms. INR 61.59 LPA was the highest international CTC offered. A domestic CTC of INR 61.59 LPA was the highest. Myntra, Vodafone, Idea, Winzo Games, and Microsoft were among the significant recruiters that participated.
Average packages offered are as follows:
- PGP & PGP ABM: INR 31.03 LPA
- PGP SM: INR 21.05 LPA
- IPMX: INR 24.66 LPA
Average package of top 50%
- PGP & PGP ABM: INR 38.20 LPA
- PGP SM: INR 23.69 LPA
- IPMX: INR 28.17 LPA
Highest packages are as followed:
- PGP & PGP ABM: INR 61.59 LPA
- PGP SM: INR 35.04 LPA
Students participated
- PGP & PGP ABM: 491
- PGP SM: 26
- IPMX: 108
Placement rate
- PGP & PGP ABM: 100%
- PGP SM: 100%
Companies participated
- PGP & PGP ABM: 150+
- PGP SM: 20+
- IPMX: 80+
Offers made
- PGP & PGP ABM: 534
IIM Lucknow Placements
-The average placement salary at IIM Lucknow has consistently exceeded 15L.
-According to a professor, the reason IIM Lucknow no longer releases placement statistics is that a few years ago, reporters tracked down a man who had obtained a very big offer, made his name known, and he ultimately became abducted. Since that time, access to placement statistics has been restricted, and they are destroyed after placements, however, the NIRF website still displays the average number.
-IIM Lucknow Summer Placement 2018: The information provided in the other anonymous response is entirely accurate. In 2018, placements saw a great increase on all campuses, so the numbers have a small economic boost that might not be there in a normal year. The consensus following the placements was that even "undeserving," "not hardworking," and "weak-profiled" individuals received excellent positions simply because the demand was too strong.
-The final placements for 2019 were excellent. A few employers hired more people and paid 20 LPA or more in hand.
-To be honest, the placements for the 2019 class were excellent. A significant portion had already been put in during HEPP, and only about 150 people remained for final placements.
-For individuals who are worried about not having past brands on their CVs, There have been students with 3 years of IT experience from no-name colleges - the "worst" possible profile for an MBA get 24 LPA+ stable employment without experiencing any serious difficulties.
-The lowest package for the 2019 batch would be approximately 1112 LPA for the final 1015 individuals. Most diligent regular folks were able to land employment that paid 18 LPA or more.
-It would be estimated the average fixed bonus pay for the class of 2019 is between 21 and 22 LPA, excluding other benefits. The median could be lowered, at about 1920 LPA.
-For those who are unsure of the difference between FMS and IIM-L, it is important to note that IIM Lucknow has 30-35 MBB & ATK offers, but there may only be 5 at FMS. It is because Lucknow is one of the campuses that these firms prioritise.
Finally, I would caution against making assumptions about people based just on where they are in the hierarchy. An institute offers more than simply job placements, and as the two years went on. More than employment, an MBA can change your life in numerous ways.
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Placements has been concluded with 100% placements. 556 students participated in the placement drive. IIM Lucknow, the highest package increased by about 6% at INR 65 LPA whereas IIM Lucknow average package stood at INR 32.2 LPA.
