IIM Lucknow Secures Over 600 Summer Internship Offers With Median Stipend of Rs 1.75 Lakh

Placement Results

The Indian Institute of Management, Lucknow, has secured more than 600 summer internship offers for its 578 students. The batch includes the 42nd batch of the Post Graduate Programme and the 23rd batch of the Post Graduate Programme in Agribusiness Management for the 2026-28 session. The institute achieved a hundred percent placement rate for this student group. More than 350 offers were made on the first day alone.

Stipend Details

The highest domestic monthly stipend reached Rs 3.5 lakh. The median monthly stipend settled at Rs 1.75 lakh, while the average monthly stipend was Rs 1.5 lakh. According to the institute, 75 percent of the batch secured an average stipend of Rs 1.5 lakh per month. Out of the total students, 459 had prior work experience making up about 79.4 percent of the batch, while 119 students were freshers.

Recruiters and Roles

Students received internship opportunities across consulting, finance, marketing, product management, operations, retail, and e-commerce. The placement drive drew many legacy recruiters such as Accenture, Amazon, Goldman Sachs, and McKinsey and Company. The institute also added first-time recruiters like Coca-Cola, Flipkart, Swiggy, and Google. Prof. Prem Prakash Dewani, the Placement Chairperson at IIM Lucknow, said that the results reflect the strong and sustained confidence that the industry places in the institute's talent.

Context

Summer internships serve as a primary bridge between business school education and final corporate hiring. High stipend levels and diverse recruiter participation at premier institutions like IIMs often act as key indicators of broader corporate hiring demand and economic sentiment.