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IIM Lucknow Placements: The median stipend rose to Rs 1.75 lakh per month, while the highest domestic stipend stood at Rs 3.5 lakh per month.
IIM Lucknow reported 100% placement, with students securing more than 350 offers on the first day of the placement cycle. (File Photo)
The Indian Institute of Management (IIM) Lucknow has completed the summer placement process for the 42nd batch of its Post Graduate Programme (PGP) and the 23rd batch of the Post Graduate Programme in Agribusiness Management (PGP-ABM). The placement drive saw participation from recruiters across industries and business functions.
The institute reported 100% placement, with students securing more than 350 offers on the first day of the placement cycle. The median stipend rose to Rs 1.75 lakh per month, while the highest domestic stipend stood at Rs 3.5 lakh per month. Around 75% of the batch secured an average stipend of Rs 1.5 lakh per month.
The 578-member batch comprises 119 freshers and 459 students with prior work experience across different sectors. Students secured internship opportunities in consulting, finance, marketing, product management, operations, retail and e-commerce, among other areas.
The placement process saw participation from several long-standing recruiters, including Accenture, Aditya Birla Group, Adobe, Alvarez & Marsal, American Express, Amazon, Avendus, Axis Capital, Bain & Company, Bernstein, Boston Consulting Group, Citi, Colgate-Palmolive, Deloitte, Deutsche Bank, EY-Parthenon, Godrej, Goldman Sachs, Google, Hindustan Unilever, ITC, JPMorgan Chase, Kearney, KPMG, Mastercard, McKinsey & Company, MakeMyTrip, Pidilite, Procter & Gamble, PwC, Reckitt, Reliance, Tata Administrative Services and Visa.
Several organisations participated as first-time recruiters, expanding the institute’s recruitment network. These included Arvind Fashions, Bayer, Coca-Cola, Cummins, DBS, Expedia Group, Firstsource, Flipkart, Groww, IBM, JioStar, Kwality Wall’s, MedhaviOne, NRI Consulting, o3 Capital, Positive Moves, Premji Invest, ReNew Power, RPG, Samara Capital, Simson and Swiggy, states the official press release.
Commenting on the placement process, Prof. Prem Prakash Dewani, Placement Chairperson at IIM Lucknow, said the results reflected sustained industry confidence in the institute’s students. “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,” he stated.
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Ask News18The highest domestic stipend offered during IIM Lucknow’s summer placement process stood at Rs 3.5 lakh per month.
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October 13, 2026, 12:25 IST
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