100% Placements achieved! Sees Average CTC increase by 31% for its flagship 2-year MBA Course, as the premier Institute completes 10 Years
Editor’s Synopsis:
- Average CTC at Rs. 17.5 lakhs/annum. Highest remains unchanged at Rs. 35 lakhs/annum, the Previous year saw an average CTC of Rs. 13.42 lakhs/annum
- Average CTC of top 10% at Rs. 31.46 lakhs/annum
- 75+ Companies offered opportunities in this placement season
- Consulting was the highest recruiting sector, followed by Technology, Banking and Financial Services, and Consumer Goods and durables
- Substantial increase in Pre-Placement Offers this year
- 4 students bagged international offers. IIMU already has alumni in over 15 countries
IIM Udaipur today shared the topline figures of its recently concluded final placements of its flagship 2-year MBA Course graduating in April 2022. IIM Udaipur is one of only 4 IIMs who are currently following the Indian Placement Report Standards (IPRS) and will be posting a detailed report on its website when the external audit of the same is concluded.
Comprising over 310 students, this was the institute’s largest batch to date. At the close of the final placement season, the figures showed a remarkable increase of 31% in the average CTC and 20% in the Median. The Highest CTC stood at Rs. 35 lakhs/annum. The top 25% of the batch got an average CTC of Rs. 25 lakhs/annum, and the top 50% of the batch bagged an average of Rs. 21 lakhs/annum. The average CTC of the whole batch stood at 17.5 lakhs/annum.
Speaking on the Placement outcomes, Prof Janat Shah, Director, IIM Udaipur, said, “The placements achieved this year are another milestone in our journey to the realization of our Vision 2030 when we aim to become a globally recognized B-School. We continue to focus on transformational learning & research as pillars of our growth and are grateful for the support and partnership of the industry. We hope to enhance these partnerships in meaningful and enriching ways.”
The new recruiters for finals included Allcargo, Asian Paints, American Express, Bain, BenQ, Bosch, Brane, Centrum, Crompton Greaves, HashedIn by Deloitte, EXL, HSBC, IBM, Innover, JP Morgan Chase, Mahindra & Mahindra, Natwest, PwC, Reliance Retail, Schindler, Transworld, and WNS, amongst others.
Re-visiting Recruiters from final placements of last year included Accenture Strategy, Amazon, Amul, Axis Bank, Bajaj Auto, BNY Mellon, Capgemini, Cisco, Cognizant, E&Y, Flipkart, Goldman Sachs, General Electric, HDFC Bank, ICICI Bank. ICICI Prudential, IIFL, IndiaMART, KPMG, Offbusiness, PayTM, Pidilite, TAFE, TATA AIG, Tresvista, Thoucentric, Vedanta Group, Wells Fargo, Xiaomi, and Yes Bank, amongst others.
A total of 315 students sat in the placement process of the Institute as compared to 281 last year. Pre-Placement offers through summer internships rose by 22%, indicating a growing acceptance by the industry of IIMU student talent, evaluated through the summer projects and allied performance at work.
The Institute recently completed 10 years since its foundation and captured the landmark with the hashtag #10YearsUnstoppable. Besides its focus on research and transformative learning, it has already gained distinctive prominence through its Global Rankings, Accreditation, and various initiatives, including setting up Centers of Excellence in important areas like Digital, Supply Chain, Healthcare, and FinTech. It is also the only B-School in India to have a Consumer Culture Lab.
In FT Rankings MIM Top 100 Global Rankings 2021, IIM Udaipur, along with IIMs Ahmedabad and Bangalore, is only the 3rd IIM to be ranked in the Top 100 for consecutive 3rd Year. IIM Udaipur also is the youngest B-school in Asia in the Ranking. In QS Rankings Top 150+ MIM Global Rankings 2022, IIMU continued to be the youngest B School in the world, along with Sydney Business School, Australia.