IIM Lucknow Summer Placement 2026: Highest Monthly Stipend Reaches INR 3.59 Lakh

The Indian Institute of Management (IIM) Lucknow has officially released its summer placement report for the 2026 graduating class. The placement process for the 40th batch of the Post Graduate Programme (PGP) and the 21st batch of the Postgraduate Program in Agribusiness Management (PGP-ABM) saw significant engagement from industry leaders, resulting in a total of 567 offers extended to students.

According to the report, the highest stipend recorded during this placement cycle reached INR 3.59 lakh per month. The average monthly stipend for the cohort stood at INR 1.43 lakh, while the median stipend was reported at INR 1.50 lakh per month. For the top 10 percentile of the batch, the average monthly stipend was recorded at INR 2.92 lakh.

Recruitment Trends and Domain Performance

The placement season saw a blend of long-standing industry partners and new recruiters. Legacy firms that participated in the process included major names such as McKinsey & Company, Boston Consulting Group, Bain & Company, Goldman Sachs, J.P. Morgan Chase, and Procter & Gamble. Additionally, the institute welcomed several new recruiters, including Arcesium, Bank of New York Mellon, Maruti Suzuki, Paytm Money, and Tata Consumer Products, further diversifying the opportunities available to students.

An analysis of domain-wise performance indicates that the Finance and Consulting sectors led in terms of compensation. In the Finance domain, the highest stipend reached INR 3.95 lakh per month, with a median of INR 1.50 lakh. The Consulting sector saw a highest stipend of INR 3.00 lakh per month, with a median of INR 2.00 lakh. Other sectors, including Product, Tech, and Analytics, Sales and Marketing, General Management, and Operations, all maintained a median stipend of INR 1.50 lakh per month, with highest stipends ranging between INR 2.20 lakh and INR 2.40 lakh per month.