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All students placed in IIM Lucknow summer placement; highest stipend at Rs 2.5 lakh/month

Source | | Anjali Venugopalan, ET Bureau

New Delhi: The Indian Institute of Management (IIM) Lucknow today said in a press release that it has secured 100 percent placement for its 2022 batch of graduating students.

The highest stipend this year was Rs 2.5 lakh per month, the same as last year. The average stipend was Rs 1.1 lakh per month, a shade higher than last year when it was Rs 1.09 lakh per month. The median stipend stood at Rs 1.2 lakh per month, same as last year.

he placement process was conducted entirely virtually. The recruiters this year include Accenture, Alvarez & Marsal, Amazon, Bain & Co, Citi, Deloitte, Flipkart, Goldman Sachs, Hindustan Unilever, ITC, JP Morgan Chase, Kearney, Mckinsey & Co, Microsoft, Nestle, Procter & Gamble, PwC, and The Boston Consulting Group, among others.

Bayer, Electronic Arts, FinIQ Consulting, L Catterton, MX Player, Raintree Family Office LLP, and Salesforce were among the first-time recruiters.

The batches placed are the 36th batch of the institute’s flagship post graduate program (PGP) and the 17th batch of post graduate agribusiness management program (PGP-ABM).

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