IIM Lucknow Final Placement: Consulting Tops At 32%


Final Placement at The Indian Institute of Management Lucknow, saw consulting sector offering roles to 32% of the 460-member PGP batch, followed by finance and sales & marketing at 16% each.

E-Commerce at 15% and systems/IT at 10% were the other highlights of the placement that concluded in just three days with domestic and international recruiters numbering more than 147, mopping up 100% students.

While no information of pay packages was available as of now, sources in the IIM said some niche profiles were offered in the finance domain.

The top four segments based on roles offered were consulting, finance, sales and marketing and business development including some extremely sought after and niche profiles in the finance domain. But IIML did not disclose the pay packages of its students.

Prof Nishant Uppal, Chairman, Student Affairs and Placement, PGP, said in a press release that several companies were looking for students having previous work experience. This year also saw significant participation from consulting and finance firms, he noted.

Prof Uppal attributed the recruiters’ interest to the strong focus on finance at the IIM. The students also received several offers from domains such as market research, analytics, business development, social media marketing and HR among others.

The placement season saw the participation of firms like Alvarez and Marsal, Aditya Birla Group, Bain and Co, Hindustan Unilever, JP Morgan Chase, MasterCard Advisors, McKinsey and Company, and The Boston Consulting Group.

Prof Uppal said the participation of these firms also marked the ascent of IIM Lucknow as a preferred recruitment destination for consulting, finance and marketing roles.

Among the top recruiters across different sectors were Accenture, Amazon, Deloitte, Flipkart, and The Boston Consulting Group. Our first-time recruiters include Artefact, ACT, Axis Capital, Bain & Company, IQVIA, KOIS Invest, Ola, Optum, Udaan, Whiteboard Capital, and Xiaomi among others.

International roles were offered by Artefact, IQVIA, and Splash (Landmark group). The institute also saw the highest number of offers being made during its lateral placement process.

In the consulting domain, Accenture, Alvarez and Marsal, Bain and Co, McKinsey and Co and the Boston Consulting Group, among others, made 145 offers, with Accenture, Deloitte, and the Boston Consulting Group being the top 3 recruiters.

This year, having placed one of the largest IIM batches within three days, securing the highest number of lateral offers ever and having achieved consecutive 100% placements

The General Management domain saw participation from companies such as Aditya Birla Group (ABG), Airtel, Hinduja Group, Lodha Group and RPG among others. ABG and RPG are the highest recruiters in this domain.

Banking, financial services and insurance (BFSI) sector saw the participation of a number of firms hiring for a diverse set of profiles. BFSI sector saw a total of 81 offers by firms such as Axis Capital, Avendus Capital, Citibank, DBS, Edelweiss, ICICI Bank, JP Morgan Chase, KOIS Invest, Kotak Bank, Whiteboard Capital and among others.

The major roles were in front end investment banking, global markets, investment research, corporate/wholesale/retail banking, market research, trading, and operations.

In the FMCG/consumer goods/telecom/digital media sector, more than 70 offers were made by Airtel, Colgate Palmolive, Dr. Reddy’s, GSK, Hindustan Unilever, ITC, P&G, Pepsi, Puma, Samsung, and Star TV.

In addition to the traditional sales & marketing roles, these firms offered roles in supply chain management, IT, corporate finance, HR and analytics with some of them being exclusive roles for IIM Lucknow.

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Some of the firms from the IT/e-Commerce/Technology sectors were Amazon, Flipkart, Google, and Wipro. These firms opened not only IT/Systems profiles but also roles such as category management, sales enablement, business development, supply chain management, product marketing, strategic alliances, program manager and analytics.

This year, having placed one of the largest IIM batches within three days, securing the highest number of lateral offers ever and having achieved consecutive 100% placements, IIM Lucknow has raised the bar for placements in Indian B-schools, Prof Uppal said.


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