IIM Udaipur: 28.20 per cent increase in the summer placement of MBA Batch

IIM Udaipur: saw a 28.20% increase in average salary increase as it secured a summer placement for a record 319 students in the 2022-24 MBA Summer Placement. The highest salary for a placement reached Rs 4 lakh and the average salary increased by 28.20% to Rs 1.45 lakh.

The average salary for placement is Rs 1.4 lakh, a significant increase from the previous year. The consulting sector has seen remarkable growth, with the number of internships increasing by 108% compared to last year.

Reaching a higher level, the institute’s 12th batch received offers from more than 80 companies, and 41 recruiters partnered with the institute for the first time.

Some prominent companies joining the list of recruiters for summer placements are Goldman Sachs, Bain and Co., Accenture Strategy, JP Morgan Chase & Co., State Street, Cisco, Wells Fargo, PwC, Everest Group, Lubrizol, Amazon, American Express. , Pidilite, General Electric, Aditya Birla Capital Limited, Accenture Technology, Bajaj Auto, Yes Bank, Asian Paints and Puma.

IIM Udaipur is one of the four IIMs that follow the Indian Placement Report Standards (IPRS) and will share their externally audited placement reports on their website.

Meanwhile, it continued its growth trajectory with top pay for placements sharing top results and reaching Rs 4 lakh offered in consulting sector. The top 10% secured an average salary of Rs 3.25 lakh. The top 20% earned an average of Rs 2.59 lakh and the top 50% averaged Rs 1.96 lakh.

The number of proposals in the Consulting sector increased significantly by 108% compared to last year. Also, IIM Udaipur students got an international internship this year.

Commenting on this achievement, Professor Ashok Banerjee, Director of IIM Udaipur, said, “Congratulations to the MBA Year 1 students who secured 100% summer internship experience. My heartfelt thanks to both new and returning companies for their belief in student talent at IIMU. The substantially increased benchmark in salaries paid really reflects that. I want to commend the Placement Team and Placecomm members for ensuring our business bonds grow as they are.”