IIM Lucknow Placement 2022: Average Salary Data Released - Goes up by 19% at Rs.31.03 LPA; Highest Domestic Salary Up at Rs.58 LPA; 491 Students get 534 Offers from 150+ Companies

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MBAUniverse.com News Desk |
July 28, 2022
IIM Lucknow has released the data on Average Salary in final placement 2022 for the PGP and PGP-ABM 2020-22 batch. The average package, which was not released earlier, has gone up by 19% at Rs.31.03 LPA in 2022 from Rs.26 LPA last year. 491 students got 534 offers from top companies. Highest domestic salary has gone up at Rs. 58 LPA from Rs. 51 LPA last year. Consulting, Finance, Sales & Marketing, IT, General Managent, Analytics were the key domains in placement 2022
IIM Lucknow Placement 2022

IIM Lucknow has released the complete data on final placement 2022 including the average salary, which was not released earlier. The average package in IIM Lucknow placement 2022 has gone up by 19% at Rs.31.03 Lakhs per annum from Rs.26 lakhs last year. A few years back IIM Lucknow had stopped releasing the salary data but started sharing the same in 2020.

IIM Lucknow concluded final placement 2022 for the largest 36th PGP batch and 17th PGP-ABM 2020-22 batch. It has broken its own record in achieving new heights in average and highest salary packages with a rise of 13.72% in highest domestic salary, which has gone up at Rs.58 LPA in Placement 2022 from Rs.51 LPA from last year; 10% rise in International Salary which has gone up at Rs.61.59 LPA from Rs.56 LPA and 19% rise in average salary which has gone up all time high at Rs.31.03 LPA in 2022 from Rs.26 LPA last year. The placement process was conducted virtually for its 36th PGP batch and 17th PGP-ABM batch.

IIM Lucknow Placement 2022: Key Highlights

  • Placement Process was conducted in Virtual Mode both for Recruiters and Students
  • Completed 100% Placements in 2 days
  • Average Salary has gone up by 19% at Rs.31.03 LPA in Placement 2022 from Rs.26 LPA last year
  • Highest domestic salary has gone up at Rs.58 LPA in Placement 2022 from Rs.51 LPA last year
  • Highest International Salary in Placement 2022 has gone up at Rs.61.59 LPA from Rs.56 LPA last year
  • Median salary in Placement 2022 has gone up by 23% at Rs.29 LPA from Rs.23.5 LPA last year
  • Batch of 491 students got 534 placement offers by 150+ marquee recruiters
  • Top Domestic recruiters included Aditya Birla Group, Accenture, Adobe, Bain & Co., Barclays, BCG, Capgemini, Citi, Deutsche Bank, Deloitte, EY, Goldman Sachs, HSBC, Kearney, KPMG, McKinsey,Microsoft, PwC, RPG, Xiaomi among others.
  • Top International Recruiters included Omnibiz, Landmark, Splash
  • This is the third time that IIM Lucknow has released its Placement statistics

IIM Lucknow conducted the final Placements 2022 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. 

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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 2022 within record time of two days. 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: Last Three Years
The highest domestic and international salary has gone up as compared to last year placement. Key salary data are given below:

Final Placement Batch
Batch 2020-22
Batch 2019-21
Batch 2018-20
Average Salary (Rs. In Lakhs)
31.03 LPA
26.00 LPA
24.25 LPA
Highest Domestic Salary (Rs. In Lakhs)
58.00 LPA
51.00 LPA
54.00 LPA
Highest International Salary (Rs. In Lakhs)
61.59 LPA
56.00 LPA
58.47 LPA
Median Salary
29.00 LPA
23.50 LPA
23.00 LPA

Source: IIM Lucknow Placement Report for PGP & PGP-ABM 2020-22 Batch  

Top Recruiters in IIM-L Placement 2022
The top 5 recruiters in IIM Lucknow Placements 2022 are:

  • Accenture and Deloitte India made the maximum 34 offers each
  • Amazon made 24 offers
  • Bain & Co. is another top Recruiter with 23 Offers
  • The Boston Consulting Group made 22 offers in IIM Lucknow Placement 2022

Prominent recruiters across different sectors in Placement 2022 included Aditya Birla Group, Accenture, Adobe, Alliance Bernstein, Alvarez and Marsal, Amagi, American Express, Asian Paints, Atlassian, Avendus Capital, Axis Group, Bain & Co., Bank of America Merrill Lynch, Barclays, Boston Consulting Group, Blue Yonder, Byju’s, Capgemini, Citi, Colgate Palmolive, Crediwatch, Dalberg, Deutsche Bank, Deloitte, Diageo, Eversana, Ernst and Young, Ernst and Young Parthenon, FinIQ, Flipkart, Gameskraft, Goldman Sachs, GSN Games, HDFC Bank, HSBC, Investec, Kearney, KPMG, Mastercard, McKinsey & Co., Microsoft, Myntra, Navi, Paytm, Pidilite, Pricewaterhouse Coopers, RPG, Samsung, Standard Chartered, State Street, Stryker, Vodafone-Idea, Wells Fargo and Xiaomi among others.

International Placements
International profiles were offered by Omnibiz, Landmark and Splash among others

First Time Recruiters
First-time recruiters at IIM Lucknow Placement 2022 included Ambit, Arga Investment Management, Arpwood Capital, Auronova Consulting, Dalberg, Houlihan Lokey, Lincoln International, Meesho, Pharmeasy, Premji Invest, Spinny, Sutra, Winzo Games 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 oldest 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 2021, IIM Lucknow is ranked #7 and in MBAUniverse.com ranking 2022 it is ranked # 4.  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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