IIM Lucknow achieves 100% summer placements; highest stipend touches Rs 3.5 lakh monthly

The Indian Institute of Management (IIM) Lucknow has reported strong recruiter participation in its summer placement process for the 2026-2028 batch, with more than 600 internship offers across its Post Graduate Programme (PGP) and Post Graduate Programme in Agribusiness Management (PGP-ABM). The institute announced the completion of the placement exercise on 13 October 2026, reporting 100% placement for participating students. The highest domestic monthly stipend stood at Rs 3.5 lakh, while the median stipend was Rs 1.75 lakh per month. The average stipend reached Rs 1.5 lakh per month, with 75% of the batch securing an average stipend at that level, according to the institute's announcement. More than 350 offers were secured on the first day of the placement process. The summer placements covered students from both management programmes, with companies recruiting for roles across consulting, finance, marketing, product management, operations, retail and e-commerce. The participating organisations included established recruiters as well as companies joining the institute's placement process for the first time. IIM Lucknow Summer Placements 2026: Stipend Details The placement exercise recorded more than 600 offers for the 2026-2028 batch. The institute reported a batch strength of 578 students, including 119 freshers and 459 candidates with prior work experience. The key placement figures announced by IIM Lucknow are listed below. Placement parameter Details Institute IIM Lucknow Placement cycle Summer placements 2026 Programmes PGP and PGP-ABM Batch 2026-2028 Total students 578 Freshers 119 Students with prior work experience 459 Placement status 100% Total offers More than 600 Offers on the first day More than 350 Highest domestic monthly stipend Rs 3.5 lakh Median monthly stipend Rs 1.75 lakh Average monthly stipend Rs 1.5 lakh Placement Chairperson Prof. Prem Prakash Dewani said the results reflected continued participation from companies across industries and job functions. He also highlighted the contribution of established recruiters and organisations participating in the placement process for the first time. IIM Lucknow Summer Placements 2026: Recruiters and Sectors The placement process attracted companies from consulting, banking, financial services, consumer goods, technology and other sectors. Longstanding recruiters included Accenture, Adobe, Amazon, American Express, Bain & Company, Boston Consulting Group, Deloitte, Deutsche Bank, Goldman Sachs, Google, Hindustan Unilever, ITC, JPMorgan Chase, Kearney, KPMG, McKinsey & Company, Procter & Gamble, PwC, Reliance and Visa. Several organisations participated in the summer placement process for the first time. These included Arvind Fashions, Bayer, Coca-Cola, Cummins, DBS, Expedia Group, Flipkart, Groww, IBM, JioStar, Renew Power, Swiggy and Samara Capital, among others. The range of recruiters reflects the varied internship opportunities available to students across traditional management functions and newer business areas. Companies recruited for positions spanning strategy, finance, marketing, analytics, operations and product management. The Adani Group also participated in the placement exercise. According to the institute, it offered selected interns a tuition fee waiver in addition to their stipend, providing an additional financial benefit to those selected. IIM Lucknow Placement Process Covers PGP and PGP-ABM Students The summer placement exercise included students from the institute's PGP and PGP-ABM programmes. The two courses prepare candidates for management roles across different industries, with the agribusiness programme focusing on the business and management aspects of the agricultural sector. Students secured internship opportunities in consulting, finance, marketing, product management, operations, retail and e-commerce. The participation of companies from multiple sectors gave candidates opportunities to explore different career paths before completing their management programmes. The institute's reported 100% placement outcome and the participation of more than 600 offers underline the scale of its summer recruitment process. With more than 350 offers made on the first day, the placement exercise saw substantial early recruitment activity. The results also highlighted the importance of internships in connecting management students with employers before graduation. Recruiter participation from established companies and first-time organisations provided opportunities across a broad range of business functions for the 2026-2028 batch.