IM Udaipur's MBA 2021-23 batch sets new placement records: top 50% avg. 24 lakhs CTC, top 10% 32 lakhs

Editors' Synopsis:
  • Average CTC at Rs. 20.32 lakhs/annum. Highest CTC at Rs. 36 lakhs/annum, the previous year saw an average CTC of Rs. 17.8 lakhs/annum
  • Average CTC of top 10% at Rs. 32.32 lakhs/annum
  • 70+ Companies offered opportunities in this placement season
  • BFSI was the highest recruiting sector, followed by Consulting and Tech
  • 29.54% increase in Pre-Placement Offers this year
  • Three students bagged international offers. IIMU already has alumni in over 16 countries
Udaipur, (9th March 2023):
IIM Udaipur today shared the topline figures of its recently concluded final placements of its flagship 2-year MBA Course, graduating in April 2023. IIM Udaipur is one of the only 4 IIMs that follow the Indian Placement Report Standards (IPRS) and will be posting a detailed report on its website when the external audit of the same concludes.
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The 2-year MBA batch of 2021-23 has a student count of 305,out of which 301 students were seeking placement support. At the close of the final placement season, the figures showed a remarkable increase of 14% in the average CTC and 16% in the Median. The Highest CTC stood at Rs. 36 lakhs/annum. The top 25% of the batch got an average CTC of Rs. 28lakhs/annum, and the top 50%  bagged an average of Rs. 24 lakhs/annum. The average CTC of the whole batch stood at 20.3 lakhs/annum.
Pre-Placement offers through summer internships rose by 30%, indicating a growing acceptance by the industry of IIMU student talent, evaluated through the summer projects and allied performance at work.
The Institute has completed only eleven years since its foundation and captured the decade since its foundation with the hashtag #10YearsUnstoppable. Besides its focus on research and transformative learning, it has gained distinctive prominence through its Global Rankings, Accreditation, and various initiatives, including setting up Centers of Excellence in important areas like Digital, Supply Chain, and Healthcare. It is also the only B-School in India to have a Consumer Culture Lab.
In FT Rankings MIM Top 100 Global Rankings 2022, IIM Udaipur is only the IIM, along with IIM Bangalore, to be ranked in the Top 100 for a consecutive 4thyear. IIM Udaipur is also the youngest B-school on the list.In QS Top 150+ MIM Global Rankings 2022, IIMU remains the youngest B School in the World and is amongst only 7 IIMs to be included in the list.
Speaking on the Placement outcomes, Prof Ashok Banerjee, Director, IIM Udaipur, said,"I am happy to see our students achieveunprecedented success in their final placements. Our focus on industry-relevant curriculum, practical learning, and mentorship has paid off, and our graduates are now thriving in top companies across various sectors. We are dedicated to maintaining this momentum and equipping our students with the skills, knowledge, and confidence to excel in their careers and make a positive impact on the global business environment."
The existing recruiters were Accenture Strategy, Accenture Technology, Aditya Birla Capital Ltd., Amadeus, Amazon, American Express, Anand Rathi, Asian Paints, Axis Bank, Bain & Co., Bajaj Auto, Berger Paints, BNY Mellon, Brane Enterprises, Capgemini, Cisco, Cognizant, Crompton Greaves, Delhivery, Deloitte USI Consulting, EY, General Electric, Goldman Sachs, IBM, ICICI Bank, ICICI Lombard, ICICI Prudential, JP Morgan Chase & Co., Kotak Mahindra Bank, Mahindra Group, MAQ Software, Max Life Insurance, McKinsey & Co, Mckinsey Digital, MTR, Natwest, OfBusiness, Oxane Partners, Panasonic, Pidilite, Puma, PWC, Reliance Retail, Schindler India, TAFE, TATA AIG, TATA Capital, Tiger Analytics, Titan, UNext Learning, Wells Fargo, Yes Bank.
The new recruiters wereAccuvate, Adani Group, Appario Retail, Arcesium, Bank of America, CCIL, CredAble, Cybertech, Everest Group, Evergreen Renewables, Godrej & Boyce,, Kearney, Lightstorm, Nation with Namo, o9 Solutions, Orient Electric, SBI Capital Markets, Schneider Electric, Service Now, Shalina Healthcare, Spice Money, State Street, Swaniti Initiative, TheMath Co., Times Group.
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About IIM Udaipur:
IIM Udaipur is well on its way to becoming a globally recognised 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 2022. It is one of the 4 IIMs listed on the FT Global MIM Ranking, along with IIM Bangalore, IIM Lucknow and IIM Indore. 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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