IIM Lucknow Placement 2024: Average Salary Dips at Rs.30 LPA from Rs.32.20 LPA; Highest Salary Up at Rs.66 LPA; 576 Students get 634 Offers from 250 Companies

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Updated on February 19, 2024
IIM Lucknow has completed 100% placement for the largest ever 2022-24 batch of 576 students with average salary at Rs.30 LPA and highest domestic salary of Rs. 66 LPA. The placement was conducted for PGP and PGP-ABM students who got 634 offers from 250 companies. Highest International Salary stood at Rs.45 LPA. Accenture, Adani, Deloitte, BCG, PwC, McKinsey emerged as the top recruiters
IIM Lucknow Placements 2024

IIM Lucknow has completed 100% placement 2024 for the largest ever 38th PGP and PGP-ABM 2022-24 batch of 576 students and has registered average salary at Rs.30 LPA. While the highest domestic salary has gone up at Rs.66 LPA in 2024 from Rs. 55 LPA Last year, the highest International salary has gone down to Rs.45 LPA from Rs.65 LPA last year. 250 recruiters participated in IIM Lucknow placement 2024 and made 634 offers. Consulting firms -- Accenture, Deloitte India, Boston Consulting Group (BCG), Pricewaterhouse Coopers (PwC), McKinsey and Company were among the top recruiters in IIM Lucknow final placements 2024

IIM Lucknow Placement 2024: Key Highlights

  • Largest 38th PGP 2022-24 Batch Achieves 100% Placements with high Salary Packages
  • Highest domestic salary has gone up at Rs.66 LPA in 2024 from Rs. 55 LPA last year
  • Highest International Salary dips at Rs.45 LPA in 2024 from Rs.65 LPA last year
  • Average Salary goes down at Rs.30 LPA in 2024 from Rs.32.20 LPA last year
  • Median Salary stood at Rs.27 LPA in Placement 2024
  • Largest ever Batch of 576 students got 634 placement offers by 250 marquee recruiters
  • Consulting Companies Accenture, Deloitte, BCG, PwC, McKinsey among others emerged as top recruiters
  • This is the 5th Placement year for which IIM Lucknow has released its Placement statistics. Earlier IIM Lucknow did not release its placement data.

IIM Lucknow 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 2024. The top segments based on roles offered were Consulting, Finance, General Management, IT and Analytics, Sales and Marketing, Operations and Retail E-Commerce with top recruiters from across the globe.  

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IIM Lucknow Placement Analysis: Last Four Years
The highest international salary and average salary trends in IIM Lucknow final placements during last 5 years are shared below: 

Final Placement Batch
Batch 2022-24
Batch 2021-23
Batch 2020-22
Batch 2019-21
Batch 2018-20
Average Salary (Rs. In Lakhs)
30.00 LPA
32.20 LPA
31.03 LPA
26.00 LPA
24.25 LPA
Highest Domestic Salary (Rs. In Lakhs)
66.00 LPA
55.00 LPA
58.00 LPA
51.00 LPA
54.00 LPA
Highest International Salary (Rs. In Lakhs)
45.00 LPA
65.00 LPA
61.59 LPA
56.00 LPA
58.47 LPA
Median Salary
27.00 LPA
29.00 LPA
23.50 LPA
23.00 LPA

Source: IIM Lucknow Placement Report for PGP & PGP-ABM 2022-24 Batch 

Top Recruiters in IIM-L Placement 2024
Among the 250 top recruiters in IIM Lucknow Placements 2024, some of the prominent recruiters across different sectors include ABG, Accenture, Adani Group, BCG, Deloitte, Jio Financial Services, McKinsey, Microsoft, Procter & Gamble, PwC, Samagra, Shell, VISA, Target, TAS, HUL, ITC, Alvarez and Marsal, Amagi, American Express, Asian Paints, Atlassian, Avendus Capital, Axis Group, Bain & Co., Bank of America Merrill Lynch, Barclays, Capgemini, Citi, Colgate Palmolive, Crediwatch, Dalberg, Deutsche Bank, Diageo, Eversana, Ernst and Young, Flipkart, Gameskraft, Goldman Sachs, HDFC Bank, HSBC, Kearney, KPMG, Mastercard, Myntra, Navi, Paytm, Pidilite, RPG, Samsung, Standard Chartered, State Street, Stryker, Vodafone-Idea, Wells Fargo, TAS among others.

IIM Lucknow conducted the final Placements 2024 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.

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 2023, IIM Lucknow is ranked #6 and in MBAUniverse.com ranking 2024 it is also 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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