Lucknow, Oct 13: Indian Institute of Management Lucknow has successfully concluded its Summer Placement process for the 42nd batch of the Post Graduate Programme and the 23rd batch of the Post Graduate Programme in Agribusiness Management. The placement process witnessed participation from leading organisations across sectors and functions, reaffirming the industry's continued confidence in the talent nurtured at IIM Lucknow.
This year’s placement drive achieved 100% placement, with over 350 offers secured on Day 1 of the placement cycle. The demand for IIM Lucknow's talent was further reflected in the compensation offered, with the median stipend increasing to INR 1.75 lakh per month. The highest domestic stipend offered was INR 3.5 lakh per month. Furthermore, 75% of the batch secured an average stipend of INR 1.5 lakh per month, highlighting the breadth of opportunities available to students.
Commenting on the successful completion of the Summer Placement Process, Prof. Prem Prakash Dewani, Placement Chairperson, IIM Lucknow, said,
“This year’s Summer Placement Process is a reflection of the strong and sustained confidence that industry places in the talent at IIM Lucknow. What is particularly encouraging is not only the continued growth in stipend levels, but also the breadth and quality of opportunities offered across consulting, finance, marketing, product management, operations, retail and e-commerce. The participation of our longstanding recruiters alongside a strong cohort of first-time recruiters demonstrates the relevance of our students to an evolving business landscape. As we move forward, IIM Lucknow remains committed to deepening its engagement with industry and creating opportunities that enable our students to learn, contribute and grow into responsible leaders capable of creating meaningful impact.”
The 578-member batch comprises 119 freshers and 459 students with substantial prior work experience across diverse sectors. This dynamic talent pool of students has pursued opportunities across a wide range of business functions and industries. Students secured summer internship opportunities across diverse domains, including consulting, finance, marketing, product management, operations and retail, and e-commerce, among others.
The placement process witnessed continued participation by several legacy recruiters. These included Accenture, Aditya Birla Group, Adobe, Alvarez & Marsal, American Express, Amazon, Avendus, Axis Capital, Bain & Company, Bernstein, Boston Consulting Group, Citi Group, Colgate-Palmolive, Deloitte, Deutsche Bank, EY Parthenon, Godrej, Goldman Sachs, Google, HUL, ITC, J.P. Morgan Chase, Kearney, KPMG, Mastercard, McKinsey & Co., MMT, Pidilite, Procter & Gamble, PwC, Reckitt, Reliance, Tata Administrative Services and VISA.
The Institute also expanded its recruiter base with the participation of several notable first-time recruiters, including Arvind Fashions, Bayer, Coca-Cola, Cummins, DBS, Expedia Group, Firstsource, Flipkart, Groww, IBM, JioStar, Kwality Walls, MedhaviOne, NRI Consulting, o3 Capital, Positive Moves, Premji Invest, Renew Power, RPG, Samara Capital, Simson, Swiggy and many more. The participation of these organisations further strengthens IIM Lucknow's growing engagement with leading companies across industries and emerging business domains.
A key highlight of this year's Summer Placement process was the participation of Adani Group, with the conglomerate offering its selected interns a tuition waiver in addition to a competitive stipend, providing an added dimension to the opportunities extended to IIM Lucknow students.
The completion of the placement process with improved stipend levels and broad-based recruiter engagement underscores IIM Lucknow's continued commitment to academic excellence, industry relevance and the development of future-ready management professionals.
