IIM Udaipur places 75% of its PGP batch of 2018 in the Slot 1 and 2 of Final Placements

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19 Dec, 17 13:07
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Udaipur: The Indian Institute of Management Udaipur has placed 75% of the students of its PGP batch of 2018 in the first and second slot of its final placement process. The institute, which was recently rated as number 3 in the UT Dallas top 10 Indian business school rankings based on research publications in top 24 leading business journals has managed to successfully place 132 of the 177 students seeking placement through the campus process within the first two slots of the Final Placement.
A total of 40 companies made offers to the students in roles across various domains. The highest number of offers were made in the Sales and Marketing domain with 34 students bagging roles like Regional Manager, State Head, and Category Manager, etc. in prestigious firms ranging from FMCG to banking in both India and abroad. Finance roles also witnessed a rise in recruitment with 24 offers being made by various BFSI firms. The placement process offered substantial roles for every domain, with 40 offers being made in Consulting + Analytics, 24 offers in General Management and 10 offers in Operations.
A total of 11 students have so far received international offers, as compared to 7 offers last year, at an average CTC of INR 26.5 LPA. The average CTC (overall) at the end of the Slot 2 of placements was INR 13.5 LPA. The salary statistics for Top 10 percentile, Top 25 percentile, Top 50 percentile stand at INR 24.85 LPA, INR 19.89 LPA, and INR 16.50 LPA respectively.
In accordance with the spirit of entrepreneurship that the institute wishes to infuse in its students, three students from previous batches were provided deferred placement support. Similar support is extended to three students of the current batch opting for entrepreneurship. The Institute commits to provide placement support for up to two years from the date of graduation to individuals wishing to pursue their own ventures. IIMU not only teaches its students to dream big but also provides the necessary security for them to do so.
The impressive placement statistics, achieved only after six years of its existence, are a testament to the institutes' relentless pursuit of excellence through its strong focus on academics and research and its increasing recognition by corporates.
Plenty of good firms are visiting the campus for upcoming slots, and the institute is well on its path to place 100 percent of the batch in the least possible time.
Once the process is complete, the complete Placement Report, outlining details of roles and companies on campus, will be published after auditing them as per IPRS (Indian Placement Reporting Standards) norms.
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