Is the placement scenario of IIM Udaipur that bad which is written on the BLeak?s page about IIM Udaipur?

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2 Answers

Admin Posted On - Feb 15, 2024

The report in question was published in 2017, and I can’t comment on its authenticity. But my brother is pursuing his MBA from IIM Udaipur, so I can tell you about the current placement scenario.

IIM Udaipur follows the IPRS standards in publishing its placement report. The report is audited to make sure of the same. In simple terms, the placement report contains information only about one year's salary of the candidates, and gives a thorough breakdown between base pay and variable pay.

Elements like ESOPs or Bonuses, that are receivable after a certain period of employment, are not mixed up with the regular pay details. IIMU does not inflate the figures when publishing its summer internship and final recruitment data.

Here is some information on the 2023 final MBA placements at IIMU-

Salary Head - Domestic Offers (INR)

Parameters	Min	Max	Median
Basic Salary	2,10,000	21,25,000	5,60,000
Additional guaranteed Cash Component	28,200	18,12,444	8,32,200
One time cash component	35,000	7,30,000	2,50,000
Total guaranteed cash payments	9,04,700	38,30,000	15,46,976
Maximum earning potential (including non-cash, long term and performance linked components)	12,62,600	46,76,700	18,53,244

I would highly suggest you go through their official placement report to understand my point.

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Rumi Doshi Posted On - Jul 31, 2021

Studied at Indian Institute of Management, Udaipur (2019)

As a student of MBA at IIM Udaipur, I can share some information about them with you. The college follows IPRS standards when it reports its placement figures. You should know that there is a difference between IPRS audited reports and non-IPRS audited ones.

Many colleges that do not follow IPRS will show higher placement reports as they take into account any additional sums like ESOPS or even bonuses for that matter.
These could be receivable one year after employment but are still included in the campus recruitments.
On the other hand, IPRS is known to provide salary breakdowns for the year and clear statements as to what is the base and variable pay.
Similarly, non-IPRS colleges will also show higher figures for internships by including the stipend provided for transport, accommodation, etc. In my opinion, these are just inflated figures.

Categories	IIM Udaipur
Course Fee	15.5 lakhs
Highest CTC	22 LPA
Average CTC	12 LPA
Recruiting Companies	Cisco, Pidilite, ICICI Bank, Goldman Sachs, etc.

IIM Udaipur is committed to being transparent in providing information in terms of placements or even when it comes to the admission process for college operations.

You should go through the previous year’s placement records before assuming anything and panicking.