Placement Outcomes and Academic Excellence at IIM Lucknow in 2021: A Comprehensive Analysis

Introduction to IIM Lucknow

Indian Institute of Management Lucknow (IIM Lucknow) was established in 1984, making it the fourth among the prestigious Indian Institutes of Management (IIMs). Located in Lucknow, Uttar Pradesh, India, IIM Lucknow is renowned for its rigorous academic programs and robust placement outcomes. The institute offers a wide range of management programs, including a two-year diploma program, one-year MBA for distance education, a two-year MBA for working professionals, a fellowship program, and various short-term MDP and UG programs. These programs are accredited by the?London-based Association of MBAs (AMBA), ensuring high standards of education.

Academic Programs Offered

IIM Lucknow offers a variety of postgraduate programs and a fellowship program. The key academic programs include:

Two-year diploma program in management One-year MBA for distance education Two-year fully residential MBA program for working professionals Partly residential fellowship program Short-term MDP and UG programs Masters programs such as MBA Agribusiness Management (ABM) and Sustainable Management (SM)

CAT Admission Process

Admission to the postgraduate programs and the fellowship program at IIM Lucknow is conducted through the Common Admission Test (CAT). The CAT is jointly conducted by the IIMs in November, with candidates shortlisted based on their CAT scores, scholastic achievements, and work experience.

Placement Outcomes in 2021

Even amidst the challenges posed by the COVID-19 pandemic, IIM Lucknow maintained strong placement outcomes in 2021. Here are the key highlights of the placement season:

Placement Rate

IIM Lucknow achieved a 100% placement rate, with all students securing job offers. This impressive statistic reflects the institute's reputation and the quality of its students.

Batch Size

The total batch size for the 2021 placement season was approximately 441 students. This large batch size underscores the demand for IIM Lucknow's MBA program.

Top Recruiters

The placement process attracted a diverse set of employers from various sectors, including consulting, finance, IT, and FMCG. Prominent recruiters included:

McKinsey Company Boston Consulting Group (BCG) Deloitte Goldman Sachs

These top-tier companies recognize the value and skills of IIM Lucknow's graduates.

Salary Packages

The salary packages offered in 2021 were impressive. The highest domestic salary was around INR 58.5 LPA (Lakh Per Annum), while the average salary was approximately INR 26.5 LPA. The median salary stood at INR 24 LPA. These figures are indicative of the strong economic value that IIM Lucknow graduates provide to their employers.

Sector-wise Distribution

The consulting and finance sectors were among the most sought-after. A significant number of offers came from these sectors, reflecting the high demand for professionals with advanced management skills.

Overall Reputation

Overall, IIM Lucknow maintained its reputation as one of the leading management institutes in India. The strong placement outcomes in 2021 further cemented its position as a top choice for students aspiring to achieve success in their management careers.

IIM Lucknow continues to uphold its legacy of excellence in management education, ensuring that its graduates are well-prepared to succeed in today's competitive business environment.