IIM Udaipur Summer Placements 2020: Average stipend up by 37 percent

At the Indian Institute of Management (IIM) Udaipur, the average stipend for internships grew by 37 per cent as the summer placement process came to a conclusion for the 2019-21 batch ahead of its final placement process for the 2018-20 batch. Compared to last year’s data, the average stipend for the batch touched Rs 85,060, a jump of 37 per cent with the highest stipend stands at Rs 250, 000 offered in the FMCG sector. The batch is known to be the largest and the most diverse in nine years. For summer internships, overall 283 eligible candidates sought placements through the institute. On the other hand, international offers stand at 31, a jump of 138 per cent against the previous year’s offers.

Overall 39 employers partnered for the first time out of the total 77 firms which made offers to IIM Udaipur students. Some of the big names among the recruiters include Health & Glow, LafargeHolcim, MakeMyTrip, Michelin, Microland, Reserve Bank of India, Royal Bank of Scotland, Sesa Care, Wonder Cement Ltd, Baker Hughes, Edelweiss, Ernst & Young, Gartner, and GlaxoSmithKline. Goldman Sachs offered investment banking roles, while several past employers also returned to the campus including Larsen & Toubro, NMC Healthcare, Pidilite Industries, RBL Bank, Sutherland, TAFE, Tata Steel, Ujjivan Bank, United Breweries, Vedanta Limited, Xpress Money, Yes Bank, Aditya Birla Capital, Amul, Bajaj Auto, Cummins, Dell, General Electric, Genpact, GroupM, HPCL, ICICI Bank, ICICI Lombard, Indiamart, and KPMG.

Internship profiles offered to the students spanned across the domains of sales & marketing, analytics, human resources, finance, and operations, with the maximum number of offers made in sales & marketing. The number of offers made in the Banking, Financial Services and Insurance (BFSI) sector also witnessed a significant growth against the last year.

Read More: