Despite several limitations of the COVID-19 pandemic, the Indian Institute of Management Lucknow has been successful in achieving 100% placement for the second consecutive year, in 2022. Notably, the apex B-school also managed to complete the final placement for postgraduate (PGP) and agro-business management (ABM) courses with record-high salary offers. With domestic and international packages placed as high as ₹58 lakh and ₹61.69 lakh per annum, respectively, IIM-L has witnessed its most commendable placement drives as yet.
Wrapping up placements with remarkable salary offers
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Domestic salary grew by 13% at the IIM-L at the final placement process for the post graduate program in management and agri-business management course. In contrast to the highest domestic salary of ₹51 lakh last year, this year’s salary rose up to a whopping ₹58 lakh CTC. The highest international salary offer also showed a remarkable spike by 9.98%, to stand at ₹61.59 lakhs, up from Rs 56 lakhs last year.
In addition to that, IIM Lucknow has recorded a remarkable rise in average CTC offered to the PGP and ABM batch of 2022 from last year. The growth report posted by IIM Lucknow last year showed a 7% hike in its average salary offers, as against the ₹24.25 lakh in the year before that.
100% placements for IIM graduates
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IIM Lucknow procured a total of 534 offers for 491 students by placing students across various roles in general management, consulting, IT & analytics, finance, marketing, and operations with top recruiters from across the country. It may be noted that IIM Lucknow’s final placements 2022 was conducted virtually, given the present pandemic situtation. This further expanded the scope of the placements, enabling many recruiters to actively participate in the drive.
Companies such as Omnibiz, Landmark, and Splash extended international offers while Aditya Birla Group, Accenture, Adobe, Alliance Bernstein, Alvarez and Marsal, Amagi, American Express, Asian Paints, Atlassian, Avendus Capital, Axis Group, Bain & Co. and several others recruited management associate domestically.
A host of first-time recruiters also played big offers in the final placements of IIM Lucknow. These included Ambit, Arga Investment Management, Arpwood Capital, Auronova Consulting, Dalberg, Houlihan Lokey, Lincoln International, Meesho, Pharmeasy, Premji Invest, Spinny, Sutra, and Winzo Games among others.
