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IIM Lucknow Summer Placements 2018: Record 459 students placed

Oct 24, 2017 17:10 IST
    IIM Lucknow
    IIM Lucknow

    IIM Lucknow - one of the top MBA colleges in India, is known for their impeccable placement records, be it final placements or summer placements. Keeping the tradition of excellent placement alive, the B-school has released their Summer Placement Report 2018 exhibiting positive sentiments in the corporate world with regards to MBA hiring in India.

    Despite the general downward trend of the economy, thanks to the impact of demonetization and GST implementation; IIM Lucknow Summer Placements 2018 saw nearly 150 recruiters participate in the placement process. The top MBA college managed to complete the summer placement season within a record time securing 100% placement this year. To better understand the summer placements at IIM Lucknow and the general hiring trend in the MBA job market; we have analysed the placement report in detail below:

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    Historic Summer Placement Season

    IIM Lucknow’s Summer Placement Season of 2018 turned out to be an historic one. The B-school managed to secure 100% placements for largest IIM batch consisting of 459 students. The summer placement season was also concluded in record time, which is another feather added to the B-school’s long list of laurels.

    Although the top MBA College refrains from revealing the placement salary for the students as per their policy; sources suggest that the internship stipend packages grabbed by students are also at par with the market trend.

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    Recruiters

    As stated above nearly 150 companies including top brands from different industries visited the IIM Lucknow campus for the summer placement season. Like every year, the recruiters included both domestic as well as international organizations. Some IIM Lucknow students also bagged international offers from the likes of Hindustan Unilever Limited, Deutsche Bank and AB InBev. The following brands emerged as top recruiters at IIM Lucknow Summer Placements 2018:

    McKinsey & Co.

    Hindustan Unilever Limited

    Vodafone

    Deutsche Bank

    A.T. Kearney

    ITC Limited

    P&G

    Mahindra & Mahindra

    Uber

    TAS

    Cipla

    EY

    Accenture Strategy

    The Boston Consulting Group

    Amazon

    Aditya Birla Group

    First Time Recruiters

    While the loyal and recruiters who trust IIM Lucknow and their students returned to the campus for summer placements this year, there were many new recruiters as well who participated for the first time in the placement season. Nearly 40 first time recruiters joined the IIM Lucknow Summer Placements for this year. The top names among them include Diageo, Exide industries Limited, Bajaj Auto, United Phosphorous Limited, Mytrah, Allergan, Sanofi, Shell, Puma and Capgemini.

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    Domain wise breakup

    When it comes to domain-wise breakup of the summer placement offers extended to IIM Lucknow students, the consulting, finance, business development, sales and marketing emerged at the top. In fact, many recruiters have termed the B-school as their preferred hiring destination for roles in these sectors. In addition to this, general management, supply chain / operations, IT – Ecommerce, analytics and market research also made substantial number of offers.  Percentage wise sectoral break-up of the offers made at IIM Lucknow’s Summer Placements is given below:

    Sales and Marketing

    35%

    Consulting

    20%

    Finance

    25%

    e-Commerce

    10%

    IT/ITeS

    5%

    General Management

    5%

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    Finance / BFSI

    IIM Lucknow’s Summer Placement Season saw a whopping increase of 50% was recorded in the offers made in Finance Profile. Roles in this sector were offered in investment banking, global markets, investment research, corporate/wholesale/retail banking, trading and capital markets through top financial giants such as Citi Markets, Bank of America, JPMorgan Chase and Merrill Lynch. Other recruiters in this sector included ICICI Bank, Nomura, American Express, Citibank, Avendus Capital, JPMorgan Chase, Duff & Phelps, Altisource, Piramal Fund and RBL Bank among others., DBS Bank, Deutsche Bank, Bank of America Merrill Lynch, HSBC.

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    FMCG/Consumer Goods/Telecom/Digital Media Sector

    The largest number of offers came from the FMCG/Consumer Goods/Telecom/Digital Media Sector totalling 150 offers. The top companies which made offers from these sectors include Asian Paints, Marico, Hindustan Unilever Limited, Allergan, Exide Industries Limited, Colgate Palmolive, Bajaj Auto, AB InBev, Mars, P&G and Sanofi, Nestle, Dabur, Mondelez International Limited, Bharti Airtel Capgemini, ITC Limited.

    IIM Vishakhapatnam Placement Report 2017

    Consulting & General Management

    MBA graduates from IIM Lucknow also had internship offers being made from consulting and general management sector. The offers in consulting came from major players such as Deloitte, Accenture Strategy, McKinsey & Co., MasterCard advisors, the Boston Consulting Group, EY, A.T. Kearney, Auctus Advisors, Alvarez & Marsal. General Management roles attracted offers from Bharti Airtel, Mahindra & Mahindra, RIL, Aditya Birla Group, TAS, Vodafone, Star India and RPG.

    IT / e-Commerce

    IT and e-Commerce sector saw a diverse mix of job profile and roles being offered to the IIM Lucknow students. This included traditional roles as well as new roles such as supply chain management, program manager, category management, strategic alliances, sales enablement, analytics, product marketing, business development. The offers were extended by popular brand such as Flipkart, Capgemini, Amazon, Cognizant, Wipro, Microsoft and Uber.

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    Pharmaceuticals

    Every year several pharmaceutical companies also visit IIM Lucknow to hire managerial talent during the placement season and this year was no different.  Major pharmaceutical brands such as Sanofi, Cipla, Allergan, Dr. Reddy’s and Novartis visited the campus for summer placements 2018. They offered a variety of roles such as general management, market research, finance, operations, marketing and sales.

    In summation…

    The above given details of the IIM Lucknow Summer Placements 2018 clearly suggest that the B-school is s trusted brand of management education in the country. The B-schools is highly respected and trusted by the recruiters to hire young managerial talent that is ready to take up the challenges faced by business in a diverse array of domains and industries. The IIM Lucknow’s Summer Placement 2018 reaffirmed the status preferred destination for consulting, finance, business development, sales and marketing roles.

    If you found this article to be interesting and useful, please share it with your friend and colleagues. To stay updated about all the latest happenings of the MBA world and placement reports of top MBA colleges in India, please visit mba.jagranjosh.com. You can also subscribe to our newsletter to get such interesting insights directly in your inbox.

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