IIM Udaipur has emerged as a prominent institution offering quality management education in India. As prospective students evaluate their options, understanding the average salary packages post-MBA becomes crucial. This article delves into the average package offered by IIM Udaipur, comparing it with other prestigious IIMs, detailing the fee structure, placement statistics, and providing comprehensive answers to frequently asked questions.
Program | Average Package (INR) | Median Package (INR) | Highest Package (INR) | Placement Rate | Number of Offers | Number of Recruiters | Top Recruiting Sectors |
MBA (General) | ₹18.8 LPA | ₹20.0 LPA | ₹47.0 LPA | 100% | 303 | 108 | BFSI (87 offers), IT/ITES (67), Consulting (21) |
MBA – Global Supply Chain Management | ₹22.37 LPA | ₹20.0 LPA | ₹39.37 LPA | 100% | 49 | 23 | - |
MBA – Digital Enterprise Management | ₹21.67 LPA | ₹20.0 LPA | ₹35.44 LPA | 100% | 52 | 24 | - |
When benchmarking against other Indian Institutes of Management, IIM Udaipur presents a competitive average package within the newer IIMs, though slightly lower than the older, more established IIMs.
IIM Ahmedabad | 34.45 |
IIM Bangalore | 35.30 |
IIM Calcutta | 34.50 |
IIM Udaipur | 18.8 |
IIM Nagpur | 16.74 |
IIM Visakhapatnam | 16.61 |
Q1: What is the average salary package offered to MBA graduates at IIM Udaipur?
A1: The average salary package for MBA graduates at IIM Udaipur is approximately ₹18.8 Lakhs per annum for the batch of 2024. This figure may vary slightly each year based on market conditions and the performance of the batch.
Q2: How does IIM Udaipur's average package compare to other IIMs?
A2: IIM Udaipur's average package is generally lower than that of the older IIMs such as IIM Ahmedabad, IIM Bangalore, and IIM Calcutta, which have average packages ranging from ₹34.45 LPA to ₹35.30 LPA. However, it is competitive with other newer IIMs like IIM Nagpur and IIM Visakhapatnam, which have average packages around ₹16.74 LPA to ₹16.61 LPA.
Q3: What is the placement rate for IIM Udaipur graduates?
A3: IIM Udaipur has a 100% placement rate for the DEM batch of 2022-23, indicating that all graduates secured employment upon completing their MBA.
Q4: What are the top recruiters at IIM Udaipur?
A4: Top recruiters at IIM Udaipur include global giants and leading Indian companies such as Google, Microsoft, Amazon, IBM, Infosys, TCS, General Electric, Siemens, Tata Motors, and Larsen & Toubro.
Q5: What is the fee structure for the MBA program at IIM Udaipur?
A5: The total fees for the MBA (DEM) program at IIM Udaipur for 2024-2025 are ₹22.75 Lakhs, which includes ₹20,00,000 for tuition, ₹2,45,000 for living expenses, and a refundable caution deposit of ₹30,000. Hostel fees are either ₹72,000 or ₹54,000 per year, depending on the source.
Q6: What is the salary range for IIM Udaipur graduates?
A6: The salary range for IIM Udaipur graduates typically varies between ₹15 Lakhs to ₹30 Lakhs per annum, depending on the role, industry, and individual performance.
Q7: How does the average salary reflect the quality of education at IIM Udaipur?
A7: The average salary of ₹18.8 Lakhs per annum signifies the strong industry connections and quality education provided by IIM Udaipur, enabling graduates to secure competitive positions in the job market.
Q8: Are there differences in average packages across different MBA specializations at IIM Udaipur?
A8: While the general average salary is around ₹18.8 Lakhs, specific specializations may command higher or lower packages based on industry demand and the roles undertaken by graduates.
Q9: How does the market condition affect the average package at IIM Udaipur?
A9: Market conditions play a significant role in determining the average package, as economic fluctuations, industry growth, and employment trends can influence salary offers each year.
Q10: What support does IIM Udaipur provide to enhance graduate placements?
A10: IIM Udaipur offers robust placement support through career services, alumni networks, industry partnerships, and placement drives, ensuring that graduates are well-prepared and connected to potential employers.
KBS Kochi
IIM Bangalore