IIM Lucknow executive MBA placements

Introduction

IIM Lucknow has been ranked the best MBA college in the country. The IIM Lucknow Executive MBA Placement report is a testimony of its success and excellence. IIML stands for Indian Institute of Management Lucknow, and it is located in Uttar Pradesh, India.  It was granted deemed university status in 2016 by UGC under Section 3 of the UGC Act 1956

The course structure includes core courses like Corporate Strategy, Human Resource Management, etc., plus electives like International Business Environment, etc., which are chosen by students according to their own interests and goals.

It is one of the top business schools in India and offers a wide array of courses. The MBA program at IIML is ranked among the best Executive MBA programs in India. It has a strong alumni network and boasts of many successful professionals who served as CEOs, CFOs, etc., in various companies across India and abroad.

IIM Lucknow Executive MBA

The IIM Lucknow Executive Post Graduate Diploma in Management (EPGDM) is an ideal program for senior managers. executives aiming to gain a competitive edge, polish their business skills, and learn new skills required to face the challenges of the industry.

Established in 1964, IIM Lucknow is one of India’s foremost organizations which offers excellent programs and courses suited to the diverse requirements of corporate sectors. The EPGDM is designed to provide up-to-date knowledge on corporate strategy, management practices, financial and market operations, organizational behavior, etc., as per current industrial norms.

IIM Lucknow Executive MBA Placements at a Glance

IIM Lucknow Executive MBA Placements at a Glance

Batch Profile:

The batch of 2018 was the second largest in IIM Lucknow’s history with 61 students. Out of these, 21% were women and 69% were from outside India. The highest salary offer made to a student was INR 31.5 LPA (USD 535,000) while the average CTC offered was INR 16 LPA (USD 30200). Median CTC was INR 18 LPA (USD 30940). The average annual package offered to an IIML executive MBA candidate is Rs 23 lakhs per annum but if you want to work abroad, it can go up by 50%.

Batch Profile

• Batch size: 60
• Gender ratio: 40% male, 60% female
• Average Age: 26 years
• Average Work Experience: 3 years

Average GMAT score: 710 points (no retake) OR 720 for retakes only. You can retake the exam following a gap of 3 months or more from your initial attempt. This means that after your first attempt at the GMAT, you will have to wait for at least 3 months before attempting it again if you want to take advantage of this benefit. If you do not plan on taking advantage of this concession and wish to sit through another round of exams immediately after your first attempt at the GMAT, then there is no need for any gap between attempts. In such cases, we recommend consulting an expert before making any decision regarding multiple tests within a short time span

If you are planning to retake the GMAT, then there are a few things that you need to keep in mind. First of all, it is important to note that if you have already registered for an exam and wish to take advantage of this concession, then you will have to cancel your first attempt at the exam and reschedule it for another date. In addition to this, it is also important that you do not make any changes in your test center or time

The highest salary offered

The highest salary offered at IIM Lucknow is INR 31.5 LPA, who studied at IIM Lucknow for the last two years. The second highest salary offered at IIM Lucknow is INR 31 LPA, who studied at IIM Lucknow for the last two years. The third highest salary offered at IIM Lucknow is INR 30 LPA, who studied at IIM Lucknow for the last two years.

The third highest salary offered is INR 29 LPA, who graduated from SIBM Pune in 2015-16 and completed her MBA from IIM Raipur with a specialization in Digital Marketing & E-Commerce Management in 2017-18 as well as a specialization in Supply Chain Management & Logistics (SCML) through distance learning mode of IIML’s Executive Post Graduate Programme on Information Technology (EPPGIT).

Average Salary 

The average annual package received by the students during their last year of MBA was INR 16 LPA. The highest salary offered to an IIM Lucknow student was INR 31.5 LPA.

Average CTC

average CTC (cost to company) of IILM lucky MBA grads is approximately INR 23 LPA.

The average CTC for IILM Lucknow executive MBA students is between 20 lacs to 25 lacs per annum, which depends on your industry and work experience.

The average salary for IILM Lucknow executive MBA batch of 2018-20 is about 19-20 lakhs per annum and for 2019-21 it’s 25-26 lakhs per annum.

Median CTC

What is the median?

The median is a measure of central tendency which indicates the middle value of a set of data, with half above it and half below. if you arrange all your data in order from smallest to largest value and then pick out the middle number. Median CTC – INR 18 LPA What is the median? The median is a measure of central tendency which indicates the middle value of a set of data, with half above it and half below.  if you arrange all your data in order from smallest to largest value and then pick out the middle number.

Total Number of Offers

In the recently concluded placement season at IIM Lucknow, 103 offers were made to the students. The highest offer was made by Amazon India Ltd., which offered a package of Rs. 2 crores per annum (including ESOPs). Other top recruiters were Barclays Bank Plc, HDFC Securities Limited, and PwC India.

The highest package offered by a domestic company was Rs. 1.5 crore per annum by HDFC Bank, followed by ICICI Bank with a package of Rs. 1.4 crore per annum and Kotak Mahindra Bank with a package of Rs. 1.3 crore per annum (including ESOPs).

Average Number of Offers per student – 3.4

• Average Number of Offers per student – 3.4
• Average salary – Rs.6,05,000/-
• Median CTC – Rs.7,30,000/-
• Total number of offers – 91
• Number of offers per student – 3.4

Sectors involved in the placement process for IILM Lucknow Executive

The IILM Lucknow Executive MBA Placement Process is carried out by the placement cell in association with various sectors. The students are trained in the following areas:

• Accounting and Finance
• Marketing Analytics & Decision Making
• Business Strategy and Operations Management
• Human Resources Management
• People Development & Organizational Behaviour
• Information Technology & Project Management
• BFSI (Banking, Finance, and Insurance)
• Consulting
• Manufacturing

IIM Lucknow executive MBA placements are very good

The average salary at IIM Lucknow Executive MBA program is INR 23 LPA. The median salary, however, is INR 18 LPA and the highest offer made by a company was INR 31.5 LPA.

The total number of offers received by candidates at this campus was 103. Candidates also received an average of 3.4 offers each, which means there were several students who got multiple jobs on their first placement season in the management program!

Conclusion

In conclusion, the IIM Lucknow Executive MBA Placements are very good with the avg salary being INR 23 LPA and the highest salary offered to be INR 31.5 LPA. The average salary at IIM Lucknow Executive MBA program is INR 23 LPA. The median salary is INR 18 LPA and the highest offer made by a company was INR 31.5 LPA. The total number of offers received by candidates at this campus was 103. there were several students who got multiple jobs during their first placement season in the management program!

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