IIM Lucknow Final Placements 2024-26 Batch: Record Domestic Salary of Rs 1 Crore Announced
The Indian Institute of Management, Lucknow (IIML), has successfully concluded the final placement cycle for its Post Graduate Programme batch of 2024-26. This comprehensive month-long exercise, conducted in January, resulted in more than 580 job offers being extended to 559 students, showcasing robust recruitment activity across diverse sectors.
Salary Highlights and Key Statistics
The placement drive witnessed a significant milestone with the highest domestic salary offered reaching Rs 1 crore per annum. This marks a substantial increase of Rs 25 lakh compared to the previous year, reflecting growing demand for top-tier management talent in India. The highest international package remained steady at Rs 65 lakh per annum, matching last year's figure. The average salary across all placements stood at an impressive Rs 33.2 lakh per annum, indicating strong overall compensation trends.
Dominant Sectors and Role Diversity
Consultancy emerged as the leading field in terms of job offers, attracting the highest number of placements. Students secured positions across a wide spectrum of roles, demonstrating the versatility of the IIML curriculum. The key functional areas included:
- Consultancy
- Finance
- General Management
- Product Management
- Sales and Marketing
- Operations and Retail
- E-commerce
This diversity underscores the institute's ability to prepare graduates for multifaceted career paths in today's dynamic business environment.
Recruitment Process and Participant Engagement
The placement drive was conducted in a hybrid mode, blending both online and on-campus interactions. This approach facilitated participation from over 200 domestic and international recruiters, ensuring broad access and inclusivity. According to an official IIML press release, "This dual mode ensured seamless interaction, accommodating the needs of both remote and on-campus participants, making the process more inclusive and accessible." The hybrid model proved effective in engaging a global pool of employers while maintaining operational efficiency.
Prominent Recruiters and Industry Representation
A prestigious lineup of top-tier companies from various industries actively recruited from the IIML batch. These recruiters offered a comprehensive range of roles, highlighting the institute's strong industry connections. Notable participants included:
- Accenture
- Aditya Birla Group
- Adobe
- Amazon
- Alvarez and Marsal
- American Express
- Bain and Company
- Boston Consulting Group
- Deloitte
- EY-Parthenon
- Goldman Sachs
- JP Morgan
- Kearney
- Landmark Group
- McKinsey and Company
- Media.net
- Microsoft
- Navi
- Procter and Gamble
- PwC
- RIL (Reliance Industries Limited)
- Tata Administrative Services
The presence of such esteemed organizations across consulting, technology, finance, consumer goods, and conglomerates underscores the high regard for IIM Lucknow graduates in the corporate world. The successful placement cycle reinforces the institute's position as a premier management education hub, consistently delivering talent that meets evolving industry demands.
