IIM Udaipur Completes Summer Placements; Average Stipend Increases by 65.72%

IIM Udaipur Completes Summer Placements; Average Stipend Increases by 65.72%

A Record 300 students secured summer placements

  • IIM Udaipur Summer Placement for the Batch of 2021-23
  • 300 eligible students placed
  • Highest stipend: ₹3,00,000
  • Average Stipend grew by 65.72% to Rs 1,12,807
  • Median stipend ₹1,00,000
  • Consulting sector saw a remarkable upswing

IIM Udaipur completed the Summer Placement process for the Batch of 2021-23. With the most diverse batch in its history, 300 eligible candidates sought placements through the Institute.

Reaching greater heights, the Institute's 11th batch received offers from more than 80 firms, with 50+ recruiters partnering with the Institute for the first time. Some prominent firms to join the recruiters' list for Summer Placements are Airtel, Amadeus, Amazon, Amway, Bain and Co., Byju's, Crompton Greaves, Emami Agrotech, GamesKraft, IDFC First Bank, Info Edge, Mahindra Holidays, Malabar Group, McCain, McKinsey, MTR Foods, NatWest, Salesforce, Schindler, Sodexo, Tech Mahindra, Transworld Group, VIP Industries and VMWare.

IIM Udaipur is only one of 4 IIMs that subscribe to IPRS and will be sharing an externally audited placement report on its website. Meanwhile, it shared the topline results and has continued its growth trajectory - with the highest stipend for the batch reaching ₹3,00,000 offered in the FMCG and Consulting sector. The top 10 percent secured an average stipend of ₹2,62,000; the top 20 percent secured an average of ₹2,22,500, and the top 50 percent received an average stipend of ₹1,61,000.

The number of offers made in the Consulting sector saw a remarkable upswing, increasing by 60% compared to last year. Additionally, IIM Udaipur students bagged international internships this year. Several past recruiters including Accenture Strategy, Accenture Technology, Aditya Birla Capital, Amul, Asian Paints, Bajaj Auto, BNY Mellon, BPCL, Capgemini, Casio, Cisco, Cognizant, Cummins, Droom, Gartner, General Electric, Goldman Sachs, ICICI Bank, ICICI Lombard, KPMG, Lubrizol, OfBusiness, Pidilite, Puma, Reserve Bank of India, Secure Meters, Sesa Care, TAFE, Titan, Wonder Cement and Yes Bank also returned to the campus.

Summer Placement profiles offered to the students spanned across Analytics, Finance, HR, Operations, Product Management, Project Management, Sales & Marketing, and Strategy and Consulting, with the highest number of offers in Sales & Marketing. 

On this achievement, Prof. Janat Shah, Director, IIM Udaipur, said, "It is gratifying to see that IIM Udaipur has also grown so much in terms of the patronage and support of the industry in its short history of 10 years. Our summer placements this year, despite challenges of Covid and business uncertainties, reflect it. We are delighted to welcome the campus engagement of new recruiters and thank the ones from the past for continuing to repose their faith in the talent of our students."

The Institute is the youngest B-school in Asia to be listed on the FT Global MIM Rankings 2021. It is only the 4th IIM, along with IIMs Ahmedabad, Calcutta & Bangalore, to be on this prestigious Ranking for the 3rd year. The Institute has also maintained its listing in the QS 2021 Masters in Management (MIM) Rankings for the third consecutive year and is also the youngest B-School in the world to do so.

For more information, please visit: https://www.iimu.ac.in/

About IIM Udaipur: -

IIM Udaipur is well on its way to becoming a globally recognized B-School. It has broken new ground by focusing on world-class research and transforming students into tomorrow's managers and leaders. The Institute arrived on the global education stage by securing accreditation from the AACSB (Association to Advance Collegiate Schools of Business) in merely eight years of its establishment. With this accreditation, IIM Udaipur is counted in the same league of global institutes such as Harvard Business School, Wharton School at the University of Pennsylvania, and the MIT Sloan School. IIMU has been listed on the Financial Times (FT) Global MIM Ranking 2021. It is the 4th IIM, along with IIMs Ahmedabad, Calcutta, and Bangalore, in the FT Global MIM Ranking. IIMU is also currently ranked 4th in India, after ISB, IIM Ahmedabad, and IIM Bangalore, for research in management according to the methodology used by UT Dallas, which tracks publications in the leading global journals.

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