IIM Udaipur MBA Placements 2023

IIM Udaipur MBA Placements 2023: The Indian Institute of Management Udaipur (IIM Udaipur, IIMU)  has recorded a 14% increase in average salary for the MBA placements for the batch 2023, with top recruiters including the likes of Bain, McKinsey, and EY. The final work placements for IIM Udaipur’s two-year flagship MBA course have concluded, with placement earners securing a 14.2% increase in average salary compared with the previous year. 

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The average gross salary of this year is Rs. 20.32 lakh per annum, an increase from the previous year’s average of Rs. 17.8 lakh per annum. 

• The highest CTC offered to any student was Rs. 36 lakh per annum
• The top 10% of the MBA batch secured an average CTC of Rs. 32.32 lakh per annum 
• The top 25% MBA batch received an average salary offer of Rs. 28 lakh per annum
• The top 50% secured an average offer of Rs. 24 lakh per annum. 

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Companies within the banking, financial services and insurance (BFSI) sector secured the largest number of recruitments, followed by the consulting and technology sectors & so on.

IIM Udaipur is one of only four IIMs that adhere to the Indian Placement Report Standards (IPRS), meaning the institute is expected to publish a comprehensive report on its website once the external audit is complete.

Professor Ashok Banerjee, Director of the program, says, “I am happy to see our students achieve unprecedented success in their final placements. 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”.

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Some of the top returning companies include Accenture Strategy, Amazon, Bain and Company, Bajaj Auto, BNY, Cisco, Ernst & Young, Goldman Sachs, General Electric, JPMC, McKinsey, Pidilite, PWC, and Wells Fargo. 

In addition, several new recruiters participated this year, such as Adani Group, Bank of America, Clearing Corporation of India, Everest Group, Godrej & Boyce, Orient Electric, SBI Capital Markets, Schneider Electric, Shalina Healthcare, State Street, and Times Group, among others.

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The MBA Program at IIMU is the institute’s flagship program, aimed at providing students with a transformative experience that shapes them into socially responsible and highly skilled managers capable of leading their organizations towards excellence. The program is designed to span six terms over a period of two years, with a mandatory internship at the end of the first year.