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IIM Lucknow Placements 2020: Highest international CTC offered ₹58.47 L

The recruitment drive saw participation from more than 140 domestic and international recruiters. Read on to know more...

Published on: Jan 28, 2020, 12:23:11 IST
Hindustan Times, Lucknow | By
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The Indian Institute of Management, Lucknow (IIM-L) completed final placements for the class of 2018-20 (34th Batch) of the two-year post-graduate programme. The highest international salary package (CTC) offered to a student was 58.47 lakh while the highest domestic salary package (CTC) was 54 lakh. The mean salary of students came to around 24.25.

IIM Lucknow campus.(HT file)
IIM Lucknow campus.(HT file)

This was the first time the B-school announced the CTC of students.

The recruitment drive saw participation from more than 140 domestic and international recruiters. The participation of these firms also marked the ascent of IIM-L as a preferred recruitment destination for consulting, finance, operations, product management and marketing roles in the country.

Rajesh Aithal, chairman, students’ affairs and placement, attributed this to excellent pedagogy, competencies and values students acquire at IIM-L. “With this year’s placements, IIM-L has yet again reinforced its presence among the top B-schools in the country and has proven to be a preferred destination for organisations, which select limited B-schools to recruit,” he said.

Some of the top recruiters across different sectors were Accenture, Amazon, American Express, Asian Paints, AT Kearney, Avendus Capital, Axis Capital, Bain & Co, Citi, Colgate Palmolive, Deloitte, Ernst and Young, Flipkart, Goldman Sachs, ICICI Bank, Investec, ITC and Uber.

Top segments, based on the roles offered, were strategy/consulting (32%), operations/IT (24%), finance (19%), general management (13%) and sales and marketing (12%).

In the FMCG/consumer goods/telecom/digital media sectors, a total number of 102 offers were made. Some of the top firms were AbInBev, Airtel, Apparel Group, Asian Paints, Bajaj Auto, Bharti Group, Cipla, Colgate Palmolive, Diageo, Dr Reddy’s and others, he said.

The BFSI sector saw participation of companies such as Avendus Capital, Citi, Equirus Capital, Goldman Sachs, ICICI Securities and Whiteboard Capital for their private equity, front end investment banking and global markets roles. The major roles were in investment research, corporate/wholesale/retail banking, market research, trading and operations.

  • Rajeev Mullick
    ABOUT THE AUTHOR
    Rajeev Mullick

    Rajeev Mullick, Assistant Editor, is a Lucknow-based journalist with over 26 years of experience covering governance, public policy and administration in Uttar Pradesh. His reporting focuses on the district administration, the Divisional Commissioner's Office, the Regional Meteorological Centre, and government policies relating to technical, higher, secondary and primary education. Known for impactful public-interest journalism, his investigations have led to significant policy attention, including a report on deficiencies in a state-run school footwear distribution scheme that prompted widespread national coverage and High Court intervention. He broke the story on the Uttar Pradesh government's One District One Cuisine initiative, highlighting the inclusion of sweets and the exclusion of non-vegetarian dishes, triggering widespread public debate. He covered Mahakumbh 2025 at Prayagraj, reports on the event's administrative, logistical and civic dimensions. From 2012 to 2024, he headed the Lucknow City Bureau, leading coverage of the state's administrative and civic developments while mentoring young reporters. He loves to travel, listen to music. He is fond of eating good food both veg and non veg. He has travelled to several states like West Bengal, Uttarakhand, Maharashtra, Madhya Pradesh, Gujarat, Family Nadu, Kerela, Bihar, Jharkhand and home state UP.Read More