Lucknow, 4th October 2023: The Indian Institute of Management Lucknow has successfully completed its Summer Placements for the 2023-2025 cycle for the 39th batch of Post Graduate Programme (PGP) and 20th batch of Postgraduate Program in Agribusiness Management (PGP-ABM) students. The Institute has secured 100% placement rate, securing 576 offers and placing students across various roles in Consulting, Finance, General Management, Product Management, Sales & Marketing, Operations & Retail, and E-Commerce with top recruiters from across the globe.
Prof. Priyanka Sharma, Student Affair and Placement Chairperson, commented on the Summer Placements at IIM Lucknow, saying, “Despite the placement scenario this time around, our relentless teamwork from the Placement Office, Student’s Placement Committee, support teams, and preparation crew ensured that each student landed at least one offer and achieve 100% campus summer placement. As the economic situation gets better, we are determined to bring even more opportunities for our students.”
This year, the average and median stipends were Rs. 1.31 lakhs per month and Rs. 1.30 lakhs per month respectively, with the highest domestic stipend reaching Rs. 3.50 lakhs per month, and the international stipend reaching Rs. 4 lakhs per month. Average stipends for the top 10%, top 25%, and top 50% of students were Rs. 2.25 lakhs per month, Rs. 2.08 lakhs per month, and Rs. 1.77 lakhs per month, respectively.
A sizeable number of prestigious first-time recruiters, including Antique, Country Delight, Cranmore Partners, Cummins, Damensch, Dolat Capital, EstateX, EY IB, Gyansys, Haleon, HCCB, Hero Moto Corp, ICRA, IHX, Kaabil Finance, Liquide, MAQ Software, Miebach Consulting, MakeMyTrip, Naturals, Neev Fund, North Bridge Capital, NPCI, Ola, Pine Labs, Policy Bazaar, Practo, Responce, Samagra, Sciera, Splash, StockGro, Tencent, Virusha, Visa, Walmart, Whatfix, and Yum Brands, among others, were efficiently onboarded onto the campus recruitment drive with some of them even offering international roles.
In addition to these first-time recruiters, major legacy recruiters, including Accenture, Aditya Birla Group, Adobe, Alvarez & Marsal, Amazon, Arthur D. Little, Atlassian, Avendus Capital, Bain & Company, Bernstein, Boston Consulting Group, Citi Group, Colgate-Palmolive, Deloitte, Deutsche Bank, EY, Goldman Sachs, Google, HUL, ITC, J.P. Morgan Chase, Kearney, KPMG, McKinsey & Company, Mondelez, PepsiCo, Procter & Gamble, PwC and Tata Administrative Services, recruited candidates for diverse job profiles.
Despite the current state of the economy, the placement drive achieved tremendous success thanks to the unwavering support of recruiters and placement teams, making it on the best placements with more than 200+ recruiters participating in the Summer Placement Process.
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