IIM Udaipur completes final placements for PGP batch of 2014-16
Indian Institute of Management, Udaipur is happy to announce the successful completion of its final placements season for the PGP Batch 2014-16 of its flagship Post Graduate Programme (PGP).
The PGP 2014-16 batch had 84% students with prior work experience with an average work experience of 24 months. The placement process saw involvement of 113 students with 5 students opting out of the process. Out of them one will pursue his entrepreneurial ambition and another will pursue further studies. One student opted out to join his well-established family venture. The aspiring entrepreneur will receive a monthly allowance of INR 20,000 for 2 years from the institute to assist him on his journey to becoming a leading entrepreneur of the country. He will also be eligible to sit for placements in the next 2 years. Two students sought placement outside the campus placement process.
The batch had performed exceedingly well in their summer internships which reflected through 15% of the students getting either a Pre-Placement Offer or Interview. Companies like General Electric, Titan and Cummins were amongst the few who did exercise this method of recruitment. The global giant General Electric offered leadership roles to the students.
The highest domestic package offered is an attractive sum of INR 21.5 lakhs per annum and the highest international package offered was INR 25 lakhs per annum (Tax Free) with additional benefits. The average package this year is INR 12.91 Lakhs per annum and INR 12.12 Lakhs per annum excluding international packages. The average package for the top 25 percentile is INR 18.13 Lakhs per annum while that for the top 50 percentile is INR 15.64 Lakhs per annum.
This year the campus saw the influx of new international recruiters including FMCG giants like The Al-Babtain Group and the Bakhresa Group that offered opportunities in Middle East and Africa respectively. In terms of new domestic recruiters, the college saw companies like JP Morgan Chase, ICRA Management Consulting, Vodafone, Dell, GirnarSoft, Safexpress, MySmartPrice, VKL Spices and many more gracing the campus and presenting lucrative offers to the aspirants. The addition of new recruiters is a testament to the institute’s tremendous year on year growth.
Amul, Berger Paints, BPCL, Crisil, Deloitte, Fidelity Investments, ICICI Bank, ICICI Prudential, KPMG, Mindtree, Rategain, RBL Bank, Vedanta, Wipro, Yes Bank are some names amongst the slew of old recruiters who arrived on campus. They gave out offers to more number of students as compared to previous years. The institute takes great pride in acknowledging the faith shown by recruiters in the quality of the students that come to campus every year.
The campus recruitment process became a hub of talent for the top ranking Banking, Financial Services and Insurance companies, who recruited 26 students.
The consulting sector showed huge growth with companies like Cognizant Business Consulting, Deloitte, KPMG and ICRA hiring 13 students.
In terms of roles offered the sales, marketing and business development profiles were the most sought after as 35 students opted for jobs in this category. Other domains for final placements included Operations, Strategy, IT, General Management and others.