Last Update: January 10, 2023, 17:09 IST
IIM Udaipur registered an average stipend increase of 28.20 per cent in the summer placements of the MBA batch of 2022-24. (Representational Image)
The highest stipend for the batch reached Rs 4 lakh and the average stipend increased by 28.20 per cent to Rs 1.45 lakh.
IIM Udaipur records average stipend hike of 28.20 per cent in summer placements for MBA batch of 2022-24, records 319 students secure summer placements. The highest stipend for the batch reached Rs 4 lakh and the average stipend increased by 28.20 per cent to Rs 1.45 lakh.
The average stipend for the batch is Rs 1.4 lakh – a significant jump from last year. The consulting sector saw a significant increase in the number of internships, with an increase of 108 percent over the previous year.
Reaching greater heights, the 12th batch of the institute received offers from over 80 firms, with 41 recruiters partnering with the institute for the first time.
Goldman Sachs, Bain & Co, Accenture Strategy, JP Morgan Chase & Co, State Street, Cisco, Wells Fargo, PwC, Everest Group, Lubrizol, Amazon, American Express are some of the prominent companies that feature in the list of recruiters for summer placements . , Pidilite, General Electric, Aditya Birla Capital Limited, Accenture Technology, Bajaj Auto, Yes Bank, Asian Paints and Puma.
IIM Udaipur is one of the four IIMs that adhere to the Indian Placement Report Standards (IPRS) and will share externally audited placement reports on its website.
Meanwhile, it has shared topline results and has continued its growth path – with the highest stipend for the batch in the consulting sector reaching Rs 4 lakh. The top 10 per cent received an average stipend of Rs 3.25 lakh; The top 20 per cent received an average stipend of Rs 2.59 lakh, and the top 50 per cent received an average stipend of Rs 1.96 lakh.
The number of proposals made in the consultancy sector saw a significant growth of 108 per cent as compared to the previous year. Additionally, IIM Udaipur students bagged international internships this year.
On this achievement, Professor Ashok Banerjee, Director, IIM Udaipur said, “Congratulations to MBA first year students for achieving 100% summer internship. We see them as an integral part of student learning and an important window to real-world corporate experience. My heartiest thanks to both the new and returning companies for their faith in the student talent at IIMU. The significantly inflated benchmarks of stipend paid are indeed a reflection of this. I would like to congratulate the placement team and PlaceCom members for ensuring that our Corporate Bonds have evolved the way they did.”
read all latest education news Here
(This story has not been edited by News18 staff and is published from a syndicated news agency feed)