Summary
The institute reported more than 600 offers across the two programmes, with over 350 offers secured on the first day
The average stipend was ?1.5 lakh per month, with 75% of the batch securing an average stipend at that level
The Indian Institute of Management (IIM) Lucknow has completed the summer placement process for the 42nd batch of its Post Graduate Programme (PGP) and the 23rd batch of the Post Graduate Programme in Agribusiness Management (PGP-ABM) for 2026–2028. The institute reported more than 600 offers across the two programmes, with over 350 offers secured on the first day.
According to the institute's announcement on October 13, 2026, the placement process achieved 100% placement. The highest domestic stipend stood at ₹3.5 lakh per month, while the median stipend was ₹1.75 lakh per month. The average stipend was ₹1.5 lakh per month, with 75% of the batch securing an average stipend at that level.
Placement Chairperson Prof. Prem Prakash Dewani said the process reflected continued industry participation across functions and sectors. He also highlighted the involvement of established recruiters alongside companies participating in the placement process for the first time.
The placement process saw participation from leading companies across consulting, technology, banking, finance, consumer goods and other industries.
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.
Companies participating for the first time included Arvind Fashions, Bayer, Coca-Cola, Cummins, DBS, Expedia Group, Flipkart, Groww, IBM, JioStar, Renew Power, Swiggy and Samara Capital, alongside several other organisations.
The participation of recruiters across established and emerging business areas provided students with internship opportunities in a range of management functions.
The Adani Group also participated in the summer placement process and offered selected interns a tuition fee waiver in addition to a stipend, according to the institute.
The placement exercise covered students from both the PGP and PGP-ABM programmes. IIM Lucknow said the participating organisations represented a broad mix of established businesses and companies operating in emerging sectors.
The completion of the summer placement process marks a key milestone for the 2026–2028 cohorts, as students prepare to gain practical industry experience through internships across different sectors and management functions.
Last updated on 13 Oct 2026
14:04 PM