How's the placement at IIM Lucknow?
Posted On - Jan 8, 2023This year in 2024, IIM Lucknow placements took quite alot of time to complete but the institute was able to record a 100% placement. The batch of 576 secured a total of 634 offers from the 250 participating recruiters.
The highest international package recorded was INR 1.23 LPA and the highest domestic package was INR 65 LPA. The average package stood at INR 30 LPA and the median package was at IRN 27 LPA.
The students were offered roles in in Consulting, Finance, General Management, IT and Analytics, Sales and Marketing, Operations, and Retail E-Commerce from top recruiters across the globe.
Some of the top recruiters who participated in the IIM Lucknow placement drive included ABG, Accenture, Adani Group, BCG, Deloitte, Jio Financial Services, McKinsey, Microsoft, Procter & Gamble, PwC, Samagra, Shell, VISA, Target, and TAS.
IIM Lucknow is known for its lack of transparency and highly confidential placements. The reason was disclosed by one of my friends who was a victim of this secrecy. According to him, the figures revealed are that of just 150 students who get placed at good firms. They receive packages of around INR 20 LPA. The rest 300-400 students either land very low-paying jobs and most of them even stand unplaced. This cruelty is not brought to light by the authorities and placement committees.
The placement committees are the ones to be blamed for this partiality. It is said that they are highly involved in collecting heavy fines from students to get them placed. This makes it difficult for financially weak or morally upright students to get placed despite their talents and efficiency.
Usually, the average CTC is lower than other IIMs and is thus never revealed to the public.
So to get placed in IIM Lucknow you have to get involved in wrongdoings and illegal stuff which is not recommended.
