IIM Udaipur MBA Graduates Witness a 14% Average Salary Hike with Record-breaking Offer of Rs 36 Lakh!
The institute reported a 30% increase in pre-placement offers through summer internships.
According to a March 9 report, the CTC, or cost-to-company, offered to graduates with a Master of Business Administration (MBA) from the Indian Institute of Management (IIM) – Udaipur has increased by 14%.
According to information provided by the institution, and as reported in The Indian Express, the average CTC for the entire batch of MBA grads was Rs 20.3 lakh. According to the report, the highest salary package on offer was Rs 36 lakh, while the top 25% of CTCs for the cohort averaged about Rs 28 lakh.
The top 50% of packages provided to graduates from the cohort averaged Rs 24 lakh, according to the statement. Also, according to reports, IIM-Udaipur recorded a 30 per cent increase in pre-placement offers through summer internships.
The publication cited Prof. Ashok Banerjee, Director, IIM Udaipur, as saying, “Our focus on industry-relevant curriculum, practical learning, and mentorship has paid off, and our graduates are now thriving in top businesses across diverse industries.”
Major companies, including Amazon, Bain & Company, McKinsey, Pidilite, PWC, Wells Fargo, and Accenture Strategy, have been coming to the institute to hire candidates for their final placements.
According to the study, among the new employers seeking IIM-Udaipur MBA grads for this round of hiring were the Adani Group, Bank of America, SBI Capital Markets, Schneider Electric, Shalina Hospital, and State Street.