Lucknow: The 38th batch of post graduate (PG) programme in management and 19th batch of PG programme in food and agri-business management of Indian Institute of Management-Lucknow has witnessed more than 100% placement during its summer placement drives.
A total of 566 students received as many 570 offers. This is the first time the institute has secured 100% placement for a batch this big in its 38-year history.
According to a press release issued by IIM-L, the highest package offered during the drive was ₹3.5 lakh per month, while the average and median stipends offered to students were ₹1.41 lakh per month and ₹1.5 lakh per month, respectively. This is also the highest-ever in IIM-L’s history, added the communique.
Students secured offers in varied fields — including consulting, finance, general management, IT & analytics, sales and marketing, operations and retail e-commerce — from top recruiters across the globe.
During the drive, many major companies opted for campus selection for IIM-L students for the first time. These included — Alkem Laboratories, Berger Paints, Bharat Serums & Vaccines, Big Basket, Castrol, CK Birla, DSP Investment Managers, GEF Capital Partners, IvyCap Ventures, Lincoln International, L’oreal, Ninjacart, Redseer Consulting, SBI Capital, Sony Pictures, The Rohatyn Group, Transunion Cibil, and Whiteboard Capital.
Meanwhile, several other companies that have recruited from the institute earlier as well also participated in the drive. Prominent companies which recruited the IIM-L students are Accenture, Aditya Birla Group, Adobe, Alvarez & Marsal, Amazon, Arthur D. Little, Atlassian, Avendus Capital, Bain & Company, Boston Consulting Group, Citi Group, Colgate-Palmolive and Deloitte.
“Despite the current state of economy, the placement drive was made a huge success by the relentless support of recruiters and placement teams, making it the best placements with more than 185+ recruiters participating in the process,” said the IIM-L release.