LUCKNOW, March 1 -- Despite a dip top salary package, the Indian Institute of Management, Lucknow (IIML) successfully concluded its final placements for the 2023-25 batch, securing over 580 offers. This year, the average salary rose to Rs.32.3 lakh per annum, marking a Rs.2.3 lakh increase from the previous year's average of Rs.30 lakh, while the median CTC stood at Rs.27 lakh per annum.

However, there has been a significant decline in the highest domestic salary-a slump of Rs.48 lakh compared to last year's figures. The highest domestic package this year reached only Rs.75 lakh per annum, whereas last year, it stood at Rs.1.23 crore per annum. The final placement report of the 2022-24 batch is available in the public domain on the insti...