Slotting
To facilitate the large number of recruiters interested in hiring from our campus and for operational ease, the recruitment processes of the companies are not scheduled on the same day, but held over the placement week in slots. It is attempted to communicate the slots well in advance to the organisation, ideally 3 weeks before their scheduled visit to campus for recruitment.
Placement Slot
The duration of the selection process allowed to an organisation, termed the slot, is indicated to the recruiting organisation in the invitation for Placements.
Dream
A dream is an option available to a candidate. After getting an offer from an organisation, He can choose to appear for the process of at most one organisation which he prefers over the current offer. The candidate is deemed to have opted out of all the other selection processes.
Pre- Placement offers (PPO)
Pre-placement offers are made by the organisation to candidates who have done a summer internship with them. It has to be made on or before January 31. Students with PPOs are allowed a restricted set of applications in Final Placements and can accept at most one offer during final placements.
Higher Entry Placements Programme (HEPP)
Higher Entry Placements Programme (HEPP) is formulated for candidates with work experience of more than 30 months, although an organisation may choose t o have a higher cut off. Companies interested in recruiting such candidates at a lateral level may choose to do so in the months of January and February, subject to our PGP schedule and convenience of the organisation.
A candidate receiving a HEPP offer during this period has the option of participating in the placement week without forfeiting the HEPP offer. Once he receives an offer during the placement week, he can choose one between the HEPP offer and the placement week offer, where upon the other automatically stands forfeited.
Rules
Placements are generally scheduled in the last week of February. Any change in the same will be communicated.
The organisation can start inviting applications anytime after the conduction of a Pre-Placement talk (PPT) and/or confirmation of participation in the Final Placement Process. A detailed invitation letter would be mailed to the organisation confirming the date and time at which the Selection Process will take place. The organisation is required to communicate the detailed process requirements (number of selection rounds, panels, and process specific requirements) at least 3 days prior to the Placement Process.
Job Offers
To make an offer, the organisation representative will have to fill-up the job offer form that will be made available on campus. An offer is considered valid only when this form, duly filled in by the representative, is handed over to the recruitment coordinator of the college.
The organisation is requested not to communicate the offer to the candidate directly. A job offer must specify:
- Position offered
- Remuneration package
- Job description
Placement Fees
There are two components to the placement fees. One part is the fixed component for participation and the other is variable for recruitment where all recruiters are required to pay certain amount for each of the offers that are finally accepted by the candidates.
Participation Fees
All organisations participating in the recruitment process will have to pay the participation fees to the Institute by a crossed cheque or demand draft in favour of “IIM Lucknow”, payable at Lucknow, India. The participation fee is to be paid at the time of recruitment process.
Recruitment Fees
The organisation can start inviting applications anytime after the conduction of a Pre-Placement talk (PPT) and/or confirmation of participation in the Final Placement Process. A detailed invitation letter would be mailed to the organisation confirming the date and time at which the Selection Process will take place. The organisation is required to communicate the detailed process requirements (number of selection rounds, panels, and process specific requirements) at least 3 days prior to the Placement Process.
For further details on the various fees, please contact the Placement Office.
Pre-Placement Talks
Pre-Placement Talks (PPTs) provide an excellent opportunity for candidates to gain deeper knowledge about the prospective employers. It allows an organisation to take a first-hand look at the institute and the existing talent pool. The representatives get a chance to spend some quality time with the students and the faculty. PPTs are scheduled to suit the convenience of the organisation without affecting the PGP schedule.