600+ offers in IIM-L summer placements; top stipend ₹3.5 lakh/month

600+ offers in IIM-L summer placements; top stipend ₹3.5 lakh/month

IIML team after summer placements

Lucknow: The Indian Institute of Management, Lucknow completed its summer placement process for the 2026-2028 batch, securing over 600 offers for postgraduate programme (PGP) students, including those pursuing agribusiness management. The highest stipend recorded this year is Rs 3.5 lakh per month against Rs 3.95 lakh per month recorded last year. The highest international stipend offered is Rs 2.5 lakh per month. The average stipend recorded this year is Rs 1.72 lakh per month in comparison to Rs 1.67 lakh per month from last year. The median stipend recorded this year is Rs 1.75 lakh per month against Rs 1.72 lakh per month the previous year. Almost 75% of the batch secured an average stipend of Rs 1.5 lakh per month, reflecting robust demand for talent at IIM Lucknow. The 2026-28 batch of IIM Lucknow includes 119 freshers and 459 students with prior work experience.

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IIML’s placement chairperson, Prof Prem Prakash Dewani, said: “This year, we witnessed a commendable summer placement drive, with participation from marquee firms across diverse domains. Our rigorous academic framework, coupled with a dynamic and diverse curriculum, continues to shape future leaders who create lasting value for organisations. This mix of fresh talent and seasoned professionals helped students secure positions in a range of sectors, including consulting, finance, marketing, product management, operations and retail, and e-commerce, among others. The placement process was joined by major legacy recruiters such as Accenture, Aditya Birla Group, Adobe, Alvarez & Marsal, American Express, Amazon, Arga Investments, Avendus, Axis Capital, Bain & Company, Bernstein, Boston Consulting Group, Citi Group, Colgate-Palmolive, Deloitte, Deutsche Bank, EY Parthenon, Godrej, Goldman Sachs, Google, HUL, ITC, JP Morgan Chase, Kearney, KPMG, Marico, Mastercard, McKinsey & Co. , Media.net, MMT, Pidilite, Procter & Gamble, PwC, Reliance, Tata Administrative Services and VISA. A key highlight was the participation of Adani Group , with the conglomerate offering its selected interns a tuition waiver in addition to a competitive stipend. In addition, several first-time recruiters participated in the process as well. These included Arvind Fashions, Bayer, Coca-Cola, Cummins, DBS, Expedia Group, Firstsource, Flipkart, Groww, IBM, JioStar, Kwality Walls, MedhaviOne, NRI Consulting, o3 Capital, Positive Moves, Premji Invest, Renew Power, RPG, Samara Capital, Simson, Swiggy and many more. Download the TOI App.

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