IIM Lucknow Placement 2021: Average Salary Rises by 7.2 Percent; Records 100% Placement in Virtually held Process with International Offers

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MBAUniverse.com News Desk |
February 25, 2021
IIM Lucknow final placement 2021 for the PGP 2019-21 batch is concluded with a higher average salary of Rs.26 LPA as against 24.25 LPA. In the virtually held Placement process, IIM-L has recorded 100% placement with highest domestic salary at Rs.51 LPA and International Salary of Rs.56 LPA. Key Roles were offered to IIML students in Consulting, Finance, Sales & Marketing, IT, General Managent, Analytics among other domains
IIM Lucknow Placement 2021

IIM Lucknow has concluded final placement 2021 for the largest PGP 2019-21 batch. Breaking its own record with a rise of 7.2 percent in average salary and achieving yet again 100% placement despite Covid-19 pandemic, IIM Lucknow conducted the final placement 2021 virtually for its 35th PGP batch and 16th PGP-ABM batch. 

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IIM Lucknow Placement 2021: Key Highlights

  • Placement Process was conducted in Virtual Mode both for Recruiters and Students
  • Average salary in Placement 2021 has gone up to Rs.26 LPA from Rs.24.25 LPA last year
  • Median salary in Placement 2021 has gone up to Rs.23.5 LPA from Rs.23 LPA last year
  • Highest domestic salary stood at Rs.51 LPA as against Rs.54 lakhs last year
  • Highest International Salary in Placement 2021 stood at Rs.56 LPA as against Rs.58.47 LPA last year
  • Top Domestic recruiters included Amazon, Flipkart, Deloitte, PwC, Mckinsey, & Co, KPMG, BCG, Avendus, Morgan Stanley, Goldman Sachs, RIL, Microsoft, Nestle, TAS among others
  • Top International Recruiters included African Industries Group, Dubai based Landmark Group, Noon

IIM Lucknow conducted the final Placements 2021 in two tiers. Tier-1 was Higher Entry Placement Process (HEPP) which was conducted for the students with 12 months or more of work experience. Tier-2 was the final placement process for all the students who were eligible to participate for company placement processes. Students were offered roles in consulting, finance, general management, IT & analytics, sales and marketing among other domains both in Indian and International companies.

Key Placement Trends
Continuing the legacy of successfully placing 100 percent of the batch, this year also IIM Lucknow has placed all the students who participated in Placement 2021 within record time. The top  segments based on roles offered were consulting, finance, sales & marketing, IT & Analytics and general management including some extremely sought after and niche profiles in the finance domain. The rest of the offers came from domains such as operations/supply chain, market research and HR.

IIM Lucknow Placement Analysis: 2021 Vs 2020
While the average and median salary in IIM Lucknow placement 2021 has gone up, the highest domestic and international salary has gone down as compared to last year placement. Key salary data are given below:

Final Placement Batch
Batch 2019-21
Batch 2018-20
Average Salary (Rs. In Lakhs)
26.00
24.25
Highest Domestic Salary (Rs. In Lakhs)
51.00
54.00
Highest International Salary (Rs. In Lakhs)
56.00
58.47
Median Salary
23.50
23.00

Source: IIM Lucknow Placements  

Top Recruiters in IIM-L Placement 2021
Some of the top recruiters across different sectors in Placement 2021 included Amazon, Accenture, American Express, Asian Paints, Avendus Capital, Bain & Company, Citi, GEP Consulting, Goldman Sachs, ICICI, Kearney, Kotak, KPMG, Mahindra & Mahindra, MasterCard Advisors, Mckinsey & Company, Morgan Stanley, Nestle, Reliance Industries Limited, State Street, Tata Administrative Services, Byju's, Deloitte, Everest Group, Flipkart, Jio Platforms, Microsoft, Optum, PayTM, PayU, PwC US Advisory, RPG among others

International Placements
International profiles were offered by African Industries Group, Landmark Group, Noon among others

First Time Recruiters
First-time recruiters at IIM Lucknow Placement 2021 included Amagi, Angel Broking, Bayer, Comviva, FMC, HDFC Securities, Indus Insights, Jana Bank, Morgan Stanley, Navi Technologies, Red Fort Capital, Sabre Partners, Zynga among others

It may be noted that prior to 2020, IIM Lucknow did not provide its placement salary data which is now released by it. IIM Lucknow was established in 1984 and is the 4th IIM in the family of 20 IIMs. It came into being after IIM Ahmedabad, Calcutta and Bangalore. IIM Lucknow is one of top rated B schools in the country. In the Govt of India, MHRD NIRF Ranking 2020, IIM Lucknow is ranked #4 and in MBAUniverse.com ranking 2021 it is ranked # 6.  In 2005 IIM Lucknow expanded its area of influence in management education by setting up a satellite campus for executive education at NOIDA in Delhi NCR making IIM Lucknow as the first IIM to set up such a campus in the country.

Stay tuned to MBAUniverse.com for more updates on IIM Lucknow

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