IIM Lucknow summer placement drive for 2024-2026 batch concludes; 576 offers secured

NEW DELHI: The Indian Institute of Management (IIM) Lucknow has concluded its summer placement drive for 2024-2026 batch, securing 576 offers for its 40th batch of Post Graduate Programme (PGP) students and the 21st batch of Post Graduate Programme in Agribusiness Management (PGP-ABM) students.

The average stipend offered this year stood at Rs 1.43 lakh per month, with the median stipend at Rs 1.50 lakh per month. The highest domestic stipend was offered Rs 3.95 lakh per month, while international offers topped Rs 1.75 lakh per month.

IIM Lucknow’s 2024-2026 batch includes 234 freshers and 342 students with substantial prior work experience across various sectors. This mix of fresh talent and seasoned professionals helped students secure positions in a wide range of sectors including Consulting, Finance, General Management, Product Management, Sales & Marketing, Operations & Retail, and E-Commerce, IIM Lucknow stated.

Professor Priyanka Sharma, Student Affairs and Placement Chairperson, IIM Lucknow, said, "I am proud to announce that despite the challenging economic conditions, our summer placement drive has achieved remarkable success. Our unique curriculum, combined with a host of hands-on learning opportunities, empowers our students to grow and develop the skills needed to excel".

"As the economy stabilizes, we are confident in expanding opportunities further and preparing our students for continued professional success", she added.

Participation of several new recruiters

Various new recruiters joined the placement process this year, including Arcesium, Barclays, Bank of New York Mellon, eBay, Essar, GMR Group, Navneet, NIIF, Paytm Money, PepsiCo Agro, Saint Gobain, Sprinklr, Tata Consumer Products, Tesco, and Virtusa. They offered a mix of domestic and international roles, marking their debut at IIM Lucknow.

These fresh faces were accompanied by established recruiters such as Accenture, Aditya Birla Group, Adobe, Alvarez & Marsal, Amazon, American Express, Bain & Company, Boston Consulting Group, Citi Group, Deloitte, EY, Goldman Sachs, HUL, McKinsey & Company, Procter & Gamble, PwC, and Tata Administrative Services, reaffirming their ongoing trust in the institute’s talent pool.

Hybrid placement model adopted

Adapting to the current landscape, IIM Lucknow implemented a hybrid placement model, combining both online and offline processes. This approach ensured flexibility and convenience for students and recruiters, creating an inclusive and seamless experience, regardless of geographical constraints.