The highest domestic salary at IIM Lucknow this year crossed the top international offer, marking a shift in placement trends. The institute said a Rs. 1 crore per annum package was offered for an India-based role, while the highest overseas offer stood at Rs. 65 lakh per annum, Economic Times reported.
The final placements for the 2026 graduating batch concluded with more offers than students. Over 580 job offers were made to 559 candidates from the 40th batch of the Post Graduate Programme and the 21st batch of the Post Graduate Programme in Agribusiness Management.
The average salary was Rs 33.2 lakh per annum. The median package stood at Rs. 32.9 lakh per annum.
Domestic demand over international offers
The placement process was held in a two-day hybrid format. More than 200 domestic and international firms participated. Recruiters interacted with students both on campus and remotely.
Top recruiters included Accenture, Aditya Birla Group, Amazon, Bain & Company, Boston Consulting Group, Deloitte, Goldman Sachs, Google, McKinsey & Company, Microsoft, PwC, Reliance Industries, and Tata Administrative Services, as per ET.
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Roles were offered across consulting, finance, general management, product management, sales and marketing, operations, and e-commerce.
More recruiters joined the fray
Several companies participated for the first time this year. These included BlackRock, boAt, Darwinbox, Essar Group, HDFC IB, Jindal Steel, Neo Asset Management, Shaadi.com, Shapoorji Pallonji, and Uber.
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The graduating cohort included both fresh graduates and experienced professionals. Many students had prior work experience in finance, consulting, information technology, and sales and marketing.
Traditionally, overseas roles offered higher pay packages. This year's trend suggests strong domestic demand for management talent. The institute said the robust numbers reflect industry confidence and expanding leadership roles in the Indian market, ET reported.
