Final Placements this year saw a number of consulting firms like McKinsey & Co., AT Kearney, Ernst & Young, Accenture, Deloitte Consulting, KPMG, PriceWaterhouseCoopers , TAS and Bristlecone visiting the campus.
Placement process began at IIM-L in November 07, with companies awarding Pre-Placement Offers (PPO) to their summer interns. The number of PPOs was 90, up from last year's figure of 65. Prominent recruiters in Higher End Placement Process (known as HEPP for relatively higher work experience students) were Standard Chartered Bank, TSMG, Aditya Birla Group, KPMG, PricewaterhouseCoopers, Ernst & Young, Headstrong Consulting, Cap Gemini, Yes Bank, Infosys, Cognizant, IBM, Hinduja and Essar.
The trend depicted over the last few years continued with key additions to the list of recruiters in HEPP. Ernst & Young Dubai, Lehman Brothers, Barclays, Deloitte, Citibank, Unitech were some of the new recruiters visiting campus for lateral candidates. A prominent number of recruiters offered International locations to their hires.
This year's HEPP has witnessed Consulting firms make IIM Lucknow their stronghold with consulting giants Deloitte, Ernst & Young, KPMG, PricewaterhouseCoopers, TSMG, Cap Gemini, Headstrong Consulting, Hewitt Associates, Cognizant and IBM making over large number of offers.
With a large number of candidates looking towards financial institutions to pursue their careers, the Lateral Placements at IIM Lucknow saw Standard Chartered, Lehman Brothers, Barclays, Yes Bank, among others, offer choicest job profiles.
In terms of the functional area wise break-up, 23 % of IIM-L graduates joined the consulting area, while 31 % of graduates joined finance area. Sales & Marketing was the third most popular area with 18 % of graduates choosing this area.
IIM Lucknow continued to attract the leading organizations in the banking and financial sector and these companies offered a wide spectrum of roles. The major recruiters in this sector included O3 Capital, Avendus Advisors, Lehman Brothers, JP Morgan Chase, Citigroup, Deutsche Bank, Standard Chartered Bank, Calyon Bank, Kotak Mahindra Bank, American Express, ICICI Securities and ICICI Bank.
Talking about the highlight of placement season 2008, IIM-L says, "The standout achievement was the number of i-Banks that participated in the process this year, marking the rise of IIM Lucknow as a recruitment hub for the investment banks, brokerage houses and trading firms. Enam Securities, Kotak Securities, ICICI Securities, Avendus Advisors, Edelweiss Capital, Angel Broking and O3 Capital were such firms that chose IIM Lucknow for their requirements."
In the sales and marketing domain, corporates such as HUL, P&G, Johnson & Johnson, Nestle, GlaxoSmithKline, Tata Group, ITC, Marico, Pepsi, Coke, Dabur and Cadbury recruited students in large numbers.
Candidates with prior work experience were hired for higher management profiles. One of the students was even offered a Vice-President profile by a leading Telecommunications firm.
Prof. Pankaj Kumar, Chairman- Placement attributes this good showing to excellent pedagogy, competencies and values that students acquire at IIM Lucknow.
IIM-L has decided to not share salary figure, because IIM-L says that "matching the profiles among the students and recruiters is the main focus of placements at IIM-L."
This year also saw the third Agri Business Management batch passing out from IIM-L. Various organizations participating in the ABM placement process were ITC, Reliance Industries, Cadbury, ICICI Prudential, ICICI Bank, Standard Chartered Bank and Reliance ADAG among others.
This year again more than six students are embarking on endeavours in various sectors such as financial services, hospitality etc. This reemphasizes the institute's philosophy of creating more entrepreneurs and business leaders.
