IIM Lucknow has wrapped up their final placement for the 2018-20 academic year with 100% placement rate. According to the batch profile for placement, 443 students received a total of 447 offers.

Amazon, Accenture, BCG, and Deloitte were the firms meeting the maximum no. of offers. The other top recruiters were Bain and Co, McKinsey & Co, Kearney, KPMG, GEP.

The CTC details of the institute are given below in the table.

Unlike IIM A who reports the placement correctly and follows IPRS, every other IIM doesn’t do the same. But this secretive nature of IIM Lucknow does not conclude that it has a bad or average placement. There are few factors regarding this clause, and some of them are listed below.

• The placement of IIM Lucknow is quite good. But, there are cases of mentioning increased and inflated figures in data, and average salaries are used instead of median salaries.
• According to the newspapers, most of them get huge salary packages, which is not exactly true. 80% of the entire batch get good salary packages, while the bottom 20% struggle to get decent packages. This is the case across many B schools in India.
• There are several factors that matter in placement, which include the number of recruiters visiting the campus, the number of big brands and new brands, the average salary of top 100-200 students, etc.

So, no detailed reports are provided from IIM Lucknow regarding their placement. Detailed information is usually received from insiders like alumni and professors, without disclosure in identity.

One of my friends joined IIM Lucknow and this answer will be based only on his experience and the advice he had received from his seniors. It may differ from now because his experience was 3 to 4 years ago.

Below are the pieces of advice that my friend’s batch received from their seniors:

Clothes:

• At least one business suit is a must-have. Girls can wear a saree instead but it is not usually seen. You will also need to pack business formals with you (full-sleeved-shirts and trousers for boys and similar for girls as well).
• You can wear anything that you would like to. However, it also depends on the professor in class and sometimes in the library. 
• Summers are scorching and winters, very cold. You will have to decide whether you bring clothes for all the seasons at once or visit home during the first term break before winter starts.

Stationery and Computing: 

• Notebooks, registers, and pens are available on campus. 
• A tiny part of students bring their own printers but, you can always create an account at the computer centre paying Rs 1000 and recharging at Rs 500 for printing purposes.
• It is better to buy laptops from anywhere you would like but not from the campus because the bulk deals on campus bring great laptops but provide minimal discounts. 
• There is no facility for personal Wi-Fi routers.

Documents: 

• Carry all the documents that you have got- records, mark sheets, certificates everything. 
• Summer placement will be round the corner, and since you may not have enough time to do anything at IIML, your previous documents will be really helpful.
• All the claims on your CV will be cross-verified. So, carrying supporting documents is equally important. 
• In case, you have lost the documents, an email from the responsible authority will do.

Hobbies and Entertainment: 

• There are many good cinema halls and eateries in the city for your entertainment purpose. 
• You definitely will be able to make time for your hobbies. 
• Different kinds of workshops are also held such as Salsa Lessons, Guitar lessons, French lessons, etc.

You will learn a lot from your seniors once you are at the campus. I hope you will come out better as a person.

Instead of going with the conventional approach, let us approach this question differently. This will still be accurate and provide the correct assumptions and statistics as the question demands.

There are 20 IIMs in total and even if all of these institutions have been selecting students for their upcoming batch, the status quo is not more than one-third of the students of a batch of any IIM including IIM Ahmedabad and IIM Bangalore. This is because of factors such as a student’s attitude, previous work experience, and not because of any supply-demand constraints. It is also to be noted that none of the IIMs selects a candidate below 96%ile in CAT.

Out of the total students in a batch at IIM Lucknow, around 150 are fit for consulting roles. Similarly, 100 may be perfect for sales roles and not marketing or any finance roles. Now as we know that 150 students are available for consulting companies, all of these 150 students are made offers by consulting companies visiting the campus and none of the offers gets rejected.

If the richer Investment Banking companies visit the campus, the students will get divided by their preferences as to where to go. But, it was only in the 1990s when Nomura visited the campus of IIM Lucknow making an offer for its global business.

The list of consulting companies visiting IIM Lucknow is as follows: Bain, ATK, BCG, Accenture, McKinsey, Cognizant, HCL, KPMG, E&Y, etc.

On the basis of your CAT score, gender, academic, and work profile the institutes shortlist you and give out calls to attend their interview process. On the basis of your combined performance score in the interview and your overall profile, you’ll be granted admission.

IIM Lucknow:

IIM Lucknow has more weightage to the CAT scores in the shortlisting criteria for the interview process. After the interview, the following weightage is followed for the admission process of the institute. IIM Lucknow gives more weightage to the previous academics in the final selection thus is much important to a fresher.

IIM Indore:

IIM Indore gives the least importance to CAT score and considers academic scores heavily for shortlisting the students for interview calls. Students shortlisted for the interview process need to undertake an aptitude test, Written ability Test, and interview based on which the total composite score is calculated for the final selection.

There are no specific academic requirements as such to get into IIM Indore and IIM Lucknow. You need to have a minimum percentage of marks mentioned by institutes in your graduation program and can give CAT to apply for the colleges.