IIM Udaipur Placement 2022: Average Salary Up by 30% at Rs.17.50 LPA; Consulting Top Recruiting Domain; Accenture, Amazon, E&Y, Deloitte Hire Big

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MBAUniverse.com News Desk |
March 10, 2022
IIM Udaipur has completed 100% final placement 2022 for the large MBA 2020-22 batch with more than 30% jump in average salary which has gone up at Rs.17.50 LPA from Rs.13.42 LPA last year. Highest salary in IIMU Placement 2022 stood at Rs. 35LPA. The institute has registered 22% rise in PPOs while 4 students got international placement offers. Consulting emerged as top recruiting domain. Detailed report will be released after getting audited as per IPRS standards
IIM Udaipur Placement 2022

IIM Udaipur Placement 2022 for the 11th MBA 2020-22 batch, has concluded with many firsts and more than 30% rise in average salary which has gone up at Rs.17.50 LPA from Rs.13.42 LPA last year. 75 recruiters, including first time recruiters all made offers to the large batch of 315 students with high salary offers, out of them 310 accepted the offers.  Achieving yet again 100% placement despite Covid 19 pandemic, IIM Udaipur has registered a growth of 22% in PPOs offered to the students while 4 students got international offers from marquee companies.

Commenting on the successful final placement 2022, Dr. 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.”  

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IIM Udaipur Placement 2022: Highlights

  • 100% Placement for the large participating batch of 310 students as against 281 students last year
  • Average Salary goes up by 30.40% at Rs.17.50 LPA in Placement 2022 from Rs.13.42 LPA last year
  • Median Salary goes up by 20% in Placement 2022
  • Highest Salary stood at Rs.35 LPA
  • Average Salary for top 10% of the batch is Rs. 31.46 LPA  
  • Average Salary for Top Quartile of the batch is Rs 25 LPA
  • Average Salary for Top half of the batch is Rs 21 LPA
  • 22% Rise in Number of PPOs offered
  • 75 recruiters in Placement 2022 made offers with many new recruiters
  • 4 Students get International Offers
  • Highest number of offers were made by Consulting Domain
  • Top recruiters include Accenture, Amazon, Bain & Co, Deloitte, Capgemini, Cognizant, JP Morgan Chase, Mahindra & Mahindra, PwC,  Xiaomi, ICICI Bank among others

IIM Udaipur Placement 2022: Detailed Report after Audit
IIM Udaipur prepares its summer and final placement reports according to the Indian Placement Reporting Standards (IPRS). IIM Udaipur is one of five IIMs and a total of 31 Indian B-schools to follow this standard. These reports are audited by an external auditing agency. The IPRS is a framework that aims at standardization of placement reports to make them more transparent and easier to understand, more comparable, and reliable for making decisions. IIM Udaipur will release the detailed placement report after the placement 2022 report is audited in the month of August/September 2022. 

IIM Udaipur Placement Trends
The placement season 2022 at IIM Udaipur was marked with grand success with more offers being made by 75 recruiters to 310 students of the Institute. The industry reinstated its faith in the institute as past recruiters along with new recruiters took part in the placement process 2022. 

IIM Udaipur: Previous Placement Trends
IIM Udaipur despite being a newer IIM has a consistent record of excellent placement. Last 5 years Placement trends are shared below:

Placement year
Average Salary (Rs. in Lakhs)
Highest Salary Domestic (Rs. in Lakhs)
Highest Salary International (Rs. in Lakhs)
2022
17.50
35.00
--
2021
13.42
35.47
--
2020
12.93
30.05
25
2019
13.20
27.5
33
2018
13.16
19.5
53
2017
12.84
20.02
28.4

Top Recruiters
Among the top recruiters included the regular and new recruiters. Some of the top recruiters in IIM Udaipur placements 2022 are Accenture, Amazon, Bain & Co, Deloitte, Capgemini, Cognizant, JP Morgan Chase, Mahindra & Mahindra, PwC,  Xiaomi, ICICI Bank, Allcargo, Asian Paints, American Express, BenQ, Bosch, Brane, Centrum, Crompton Greaves, HashedIn by Deloitte, EXL, HSBC, IBM,  Innover, Natwest, Reliance Retail, Schindler, Transworld,  WNS,  Amul, Axis Bank, Bajaj Auto, BNY Mellon, Cisco, E&Y, Flipkart, Goldman Sachs, General Electric, HDFC Bank, ICICI Prudential, IIFL, IndiaMART, KPMG, PayTM, Pidilite, TAFE, TATA AIG, Tresvista, Thoucentric, Vedanta Group, Wells Fargo, Yes Bank amongst others.

Despite being one of the 6 new IIMs that were announced in 2009 and started functioning in 2010-11 IIM Udaipur has many achievements up its sleeve. Prof Janat Shah, Director IIM Udaipur shares USPs of IIM Udaipur with the pedagogy and learning experience.  According to him “There are three aspects that are at the heart of teaching and delivery at IIMU: Immersion, Analytics and Entrepreneurship.”

The Industry Mentorship Programme provides access for all students to Industry mentors and graduates from distinguished institutions including alumni of IIM A, IIM B and IIM C. It helps in understanding actual job content and gives a realistic view of various work profiles

Global Immersion has two aspects. The first one is International Business Program (IBP) which provides students an opportunity to undertake 2-3 weeks live projects in foreign offices of a multinational organisation. The program helps students to understand working in a multi-cultural environment. 50-60% of the batch exercises the option of undertaking IBP 

The other aspect is Student Exchange Program: Partner Universities include – Germany: European Business School, HHL Leipzig, FAU Germany; USA: Purdue University, Duke University; China: Tianjin University; France: Normandie Business School; Mexico: UDLA, Puebla

Rural Immersion is a compulsory program where students spend 3-4 days in villages with the objective of understanding the ground realities of rural areas, their problems & challenges and assessing impact of work done by NGOs and Government bodies

IIM Udaipur is the first IIM to have a trading lab functional in its first year of operation. It is a full-fledged Bloomberg Financial Markets Analysis Lab with 12 Terminals. There are very few such Labs in India.

Stay tuned to MBAUniverse.com for more updates on IIM Udaipur