Udaipur: IIM Udaipur Placement 2019 concluded with its MBA students grabbing international offers from multiple global locations like Singapore, Dubai, Kuwait and Oman. The Institute witnessed higher average salary as compared to the previous years and welcomed many first-time recruiters for the 2017-2019 batch.
Domestic and international offers were made by 78 recruiters to 205 students of the Institute. Ambuja Cement, Flipkart, GAIL, HSBC, IDFC FIRST Bank, Maruti Suzuki, Reliance Home Finance and Zydus Cadila were among the first-time recruiters. Some of the prominent recruiters returning to campus included Aditya Birla Capital, Accenture Strategy, Amul, Axis Bank, Dell, Deloitte, ICICI Lombard, KPMG, Landmark, L&T, Tata Steel, United Breweries, Xpress Money and Yes Bank. The largest number of offers were made in banking, financial services and insurance sector, followed by consulting. In terms of roles, the highest number of offers were made in sales, marketing and business development.
Along with an average salary of Rs. 13.20 lakhs, the highest domestic offer stood at Rs. 27.5 lakhs, an increase of 41% from the previous year. Among the domestic placements, the average salary of the top 10 percentile students and 25 percentile students was Rs. 19.63 lakhs and Rs. 16.97 lakhs respectively. Average salary and highest domestic salary have been consistently increasing in the last three years.
20% of the students were offered pre-placement job offers and pre-placement interview opportunities based on their performance during the Summer Internships. Three students opted out of the placement process to pursue entrepreneurship. To support the students in these endeavours, IIM Udaipur will provide them with a 2-year placement holiday and financial support in the form of a monthly hardship allowance. One of the former batch students benefited from the placement holiday policy of the Institute in this year’s placement process.
Janat Shah, Director, IIM Udaipur, said, “The corporate world reinstated its faith in IIM Udaipur with many past recruiters returning and multiple new recruiters participating in the placements. Our long-term relationship with numerous corporates is a testimony to the exemplary performance of IIMU alumni. In addition, the confidence of new recruiters in the Institute is an acknowledgement to our academic rigour and transformational education.”
