The Indian Institute of Management (IIM) Lucknow has clocked an average rise of 20 percent in the salary packages for its PG programme in Sustainable Management with the highest salary topping Rs 35 lakh in the placements.
The IIM Lucknow also achieved 100 percent placements for the 6th batch of PGP-SM programme (2020-22).
The year has witnessed significant growth in sustainability roles offered, which has reinforced the trust shown by recruiters in the program as a go-to place for Sustainability roles in India, the Institute said on Wednesday.
“The year saw the highest package of Rs 35 lakh per annum and overall increase in year on year average by around 20 percent,” an IIM Lucknow communiqué mentioned.
The programme completed 100 percent placements by securing 30+ offers for all 27 students in diverse profiles such as Corporate Sustainability Consultants, ESG Ratings Specialist, ESG Risk Assessment, Valuation Modelling and Economics, Transaction Due Diligence, General Management, Consulting, Finance, ESG, IT/ITES, Marketing and Operations.
“The pandemic initially posed certain challenges in the recruitment process but thanks to the end-to-end virtual process, which brought adequate opportunities for our students,” the Institute underlined.
In the season, the IIM Lucknow brought onboard more than 20 new recruiters too. The major recruiters included Accenture Strategy, Flipkart, ZS Associates, Ericsson, MiQ, Dalmia Cements, Axtria, Ernst and Young, IndusInd Bank, MSCI, PeopleStrong, TresVista etc.
Around 62 percent of the students received sustainability roles, while 38 percent received general management roles.
“We are confident that the PGP-SM program will touch significant heights in the years to come, with Sustainability and ESG agenda becoming a mandatory requirement and a megatrend that companies cannot ignore any further,” an IIM Lucknow spokesperson said.