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Report (Audited)
2017-19
PGP
IIM Udaipur's flagship 2 year
Post Graduate Program in Management
Letter from
Auditor
Placement
Report Highlights
79 firms recruited from IIMU
for final placements
CONTENTS
Welcome to IIM Udaipur
Prominent first time recruiters include: A. Placement details as per IPRS.................................................................................... 2
Ambuja Cement, Cipla Health, Color Tokens, Enhance UAE, Flipkart, GAIL,
1. Classification of the entire placement pool ............................................................... 2
HSBC, IDFC FIRST Bank, Little Artists, Markets and Markets, Marico, Maruti
Suzuki, Oyo Weddingz, Reliance Home Finance, Zydus Cadila, Zydus Wellness 2. Classification Based on Sectors.................................................................................. 3
Entrepreneurship - the road less taken: 5.3. Salary Statistics at purchasing power parity (PPP) .............................................. 7
2 students opted out of the placement process to pursue their own ventures.
To support the students in their endeavor, each student will be provided with 5.4. Classification of salary based on sector – Domestic (INR) ................................... 8
a 2-year placement holiday and financial support in the form of a monthly
hardship allowance by IIM Udaipur. 5.5. Classification of salary based on function – Domestic (INR).............................. 10
6. Compliance Statement.............................................................................................. 17
Placement details Classification
as per IPRS Based on Sectors
The entire batch of PGP 2017-19 students was eligible
for sitting in the Final Placements.
Classification of the
entire placement pool
This placement report has been prepared as per the Indian Table 2: Classification based on sectors
Placement Reporting Standards (IPRS) revision 2.2
Sector No. of offers
accepted
Table 1: Classification of entire placement pool Aerospace & Defense 2
2c. Postponing job search 0 Fast moving consumer goods (FMCG) / Retail 17
Total who did not seek employment through the institute 18 Market Research 7
Table 3: Classification based on functions Table 4.1: Classification based on Global Locations
Salary Min Max Median Mean Data Sector Min Max Median Mean Data
A. Basic salary 1,80,000 8,10,000 3,78,000 3,85,582 171 Aerospace & Defense - - - - -
B. Additional guaranteed cash components 16,800 4,87,500 1,65,650 1,84,610 118 Analytics 2,50,000 4,95,360 3,80,680 3,88,824 6
C. One-time Cash Payments 10,000 6,00,000 1,30,000 1,46,694 49 Banking, Financial Services and Insurance (BFSI) 2,04,000 4,80,000 3,53,250 3,44,606 41
D. Total guaranteed cash payments 30,000 24,56,400 9,71,787 10,10,200 178 Consulting 2,76,000 4,50,000 3,94,200 3,77,098 30
E. Maximum Earning Potential 6,98,040 30,37,500 12,00,000 12,25,027 196 E-Commerce 3,60,000 8,10,000 6,30,000 5,91,500 12
(including performance linked components)
Education 1,92,000 3,90,600 3,60,000 3,19,889 11
Fast moving consumer goods (FMCG) / Retail 2,94,000 7,80,000 4,00,800 4,46,509 11
Salary heads – International Offers (USD) - Table 5.2
Healthcare 3,34,788 4,92,720 4,32,000 4,06,459 5
Salary Min Max Median Mean Data Information Technology 1,80,000 5,87,224 3,99,996 3,87,125 15
A. Basic salary $11,110 $32,820 $19,693 $20,301 7 Logistics 3,60,000 5,66,807 4,89,216 4,72,008 3
B. Additional guaranteed cash components $2,957 $2,957 $2,957 $2,957 1 Manufacturing 1,86,000 6,00,000 3,46,000 3,37,025 22
C. One-time Cash Payments - - - - - Market Research 3,20,400 3,75,000 3,20,400 3,31,320 5
D. Total guaranteed cash payments $7,013 $44,352 $32,676 $27,759 9 Others 3,85,000 6,00,000 3,85,000 4,30,500 10
E. Maximum Earning Potential $27,775 $47,444 $32,964 $37,061 9
(including performance linked components)
Additional Guaranteed Cash Components - Table 5.4.2
Note: All conversions to USD have been made as per the closing rate of September 15, 2018 with conversion rate of 0.2723
USD/AED, 2.6008 USD/OMR, 0.2747 USD/QAR, 2.6596 USD/BHD, 3.2862 USD/KWD and 0.7392 USD/SGD. Sector Min Max Median Mean Data
*Note: As per the PPP conversion rate for 2018 for all the available currencies from the World Development Indicators Others 2,00,000 2,44,738 2,20,000 2,22,948 10
(WDI) database of the World Bank.
Source: http://wdi.worldbank.org/table/4.16
Classification of salary
based on function – Domestic (INR)
One Time Cash Payments - Table 5.4.3 Base Salary - Table 5.5.1
Sector Min Max Median Mean Data Function Min Max Median Mean Data
Maximum Earning potentials - Table 5.4.4 Consulting 82,800 3,87,200 1,00,000 1,47,464 17
Finance 1,74,000 1,74,000 1,74,000 1,74,000 3
Sector Min Max Median Mean Data
General Management 80,000 3,50,000 2,44,738 2,29,941 9
Aerospace & Defense 9,18,000 9,18,000 9,18,000 9,18,000 2
Human Resource 3,50,000 3,84,500 3,67,250 3,67,250 2
Analytics 8,00,000 14,10,000 11,68,311 11,57,770 6
Operations / Supply Chain 50,000 3,84,500 2,20,000 1,87,269 13
Banking, Financial Services and Insurance (BFSI) 6,98,040 16,00,000 11,00,000 10,99,854 43
Management (SCM)
Consulting 8,34,001 20,75,500 13,40,004 12,91,952 32
Product Management 84,000 1,80,000 99,996 1,12,798 5
E-Commerce 8,40,000 20,45,961 15,97,303 15,66,482 14
Sales & Marketing / 50,000 4,87,500 1,66,800 2,03,520 43
Education 7,00,000 10,00,011 8,00,000 8,45,459 11 Business Development
Fast moving consumer goods (FMCG) / Retail 10,00,800 30,37,500 14,00,330 15,23,114 11 Strategy 16,800 3,84,500 1,18,299 50,000 5
One Time Cash Payments - Table 5.5.3 Base Salary - Table 5.6.1
Function Min Max Median Mean Data Sector Min Max Median Mean Data
Analytics 10,000 80,850 30,000 44,340 5 Banking, Financial Services and Insurance (BFSI) - - - - -
Consulting 1,50,000 3,50,000 1,50,000 2,00,000 11 Education $32,820 $32,820 $32,820 $32,820 1
Finance 55,000 55,000 55,000 55,000 1 Fast moving consumer goods (FMCG) / Retail $11,110 $19,954 $19,650 $18,215 6
General Management 16,800 3,94,650 50,000 1,53,817 3
Human Resource - - - - - Additional Guaranteed Cash Components - Table 5.6.2
Operations / Supply Chain 40,000 1,00,000 1,00,000 93,333 9 Sector Min Max Median Mean Data
Management (SCM)
Banking, Financial Services and Insurance (BFSI) - - - - -
Product Management 80,850 80,850 80,850 80,850 1
Education $2,957 $2,957 $2,957 $2,957 1
Sales & Marketing / 18,500 6,00,000 2,00,000 1,82,722 18
Business Development Fast moving consumer goods (FMCG) / Retail - - - - -
Function Min Max Median Mean Data Banking, Financial Services and Insurance (BFSI) - - - - -
Analytics 9,38,354 20,45,961 13,94,138 13,92,212 33 Education - - - - -
Consulting 7,63,000 20,75,500 12,37,500 12,01,183 30 Fast moving consumer goods (FMCG) / Retail - - - - -
Finance 8,00,000 16,00,000 10,50,000 10,89,976 16
General Management 7,00,020 20,00,000 12,00,000 12,12,353 18 Maximum Earning Potential - Table 5.6.4
Human Resource 8,00,000 14,20,224 13,00,000 11,73,408 3 Sector Min Max Median Mean Data
Operations / Supply Chain 7,00,000 14,00,000 12,00,000 11,33,215 20 Banking, Financial Services and Insurance (BFSI) $47,394 $47,444 $47,444 $47,419 2
Management (SCM)
Education $47,309 $47,309 $47,309 $47,309 1
Product Management 8,40,000 12,00,996 12,00,498 10,96,890 6
Fast moving consumer goods (FMCG) / Retail $27,775 $33,243 $32,754 $31,901 6
Sales & Marketing / 6,98,040 30,37,500 11,90,000 12,28,476 65
Business Development
Strategy 10,50,000 15,28,803 12,00,996 12,49,621 5
Classification of salary Classification of salary
based on function– International (USD) based on location
Base Salary - Table 5.7.1
Global Locations
Function Min Max Median Mean Data
Base Salary - Table 5.8.1.1
General Management $11,110 $19,954 $19,650 $18,215 6
Operations / Supply Chain Management (SCM) $32,820 $32,820 $32,820 $32,820 1 Location Min Max Median Mean Data
Sales & Marketing - - - - - India (INR) 1,80,000 8,10,000 3,78,000 3,85,582 171
Strategy - - - - - Rest of Asia (USD) $11,110 $32,820 $19,693 $20,301 7
Additional Guaranteed Cash Components - Table 5.7.2 Additional Guaranteed Cash Components - Table 5.8.1.2
Function Min Max Median Mean Data Location Min Max Median Mean Data
General Management - - - - - India (INR) 16,800 4,87,500 1,65,650 1,84,610 118
Operations / Supply Chain Management (SCM) $2,957 $2,957 $2,957 $2,957 1
Rest of Asia (USD) $2,957 $2,957 $2,957 $2,957 1
Sales & Marketing - - - - *
Strategy - - - - -
One Time Cash Payments - Table 5.8.1.3
Indian Locations Min Max Median Mean Data Kolkata 1,00,000 2,00,000 1,50,000 1,50,000 2
Ahmedabad 4,32,000 4,92,720 4,38,000 4,54,240 3 Mumbai 55,000 6,00,000 90,425 1,62,194 8
Bengaluru 1,80,000 8,10,000 4,05,990 4,47,957 42 National Capital Region 30,000 3,94,650 1,30,000 1,58,050 13
(NCR)
Chennai 2,28,000 4,40,000 3,50,970 3,32,989 6
Pune 18,500 3,50,000 2,00,000 1,54,333 9
Hyderabad 2,60,000 3,94,200 3,67,800 3,55,014 9
Rest of India (Others) 1,00,000 2,00,000 1,00,000 1,25,000 4
Kolkata 3,00,000 4,00,000 3,12,000 3,41,080 5
Mumbai 2,28,000 7,80,000 3,64,500 3,70,389 47
Maximum Earning Potentials - Table 5.8.2.4
National Capital Region 1,86,000 6,00,000 3,81,500 3,71,683 34
(NCR) Indian Locations Min Max Median Mean Data
Pune 3,20,400 6,96,000 3,58,800 3,79,333 9 Ahmedabad 11,00,000 15,28,803 11,00,004 12,42,936 3
Rest of India (Others) 2,04,000 4,25,000 3,50,892 3,37,476 16 Bengaluru 7,99,523 20,45,961 13,20,000 13,35,030 51
Chennai 8,00,000 13,68,300 11,99,996 11,42,086 6
Additional Guaranteed Cash Components - Table 5.8.2.2 Hyderabad 7,63,000 13,40,004 12,00,000 10,86,637 11
Indian Locations Min Max Median Mean Data Kolkata 8,34,001 14,00,330 12,00,000 11,46,872 5
Ahmedabad 16,800 40,200 28,500 28,500 2 Mumbai 8,00,000 30,37,500 11,00,028 11,53,684 49
Bengaluru 82,800 2,70,000 1,40,000 1,36,267 32 National Capital Region 7,00,000 20,75,500 11,95,000 12,45,116 42
(NCR)
Chennai 2,00,000 3,87,200 3,84,500 3,11,240 5
Pune 9,00,000 21,33,900 13,40,004 14,51,162 13
Hyderabad 1,00,000 2,20,000 1,00,000 1,30,000 4
Rest of India (Others) 6,98,040 14,00,330 10,02,498 10,03,726 16
Kolkata 70,512 2,20,000 1,35,400 1,40,328 4
Mumbai 90,689 4,87,500 1,50,000 1,82,789 23
National Capital Region 50,000 3,50,000 2,00,000 1,82,019 25
(NCR)
Pune 1,00,000 4,04,400 3,30,000 2,83,923 12
Rest of India (Others) 99,996 3,74,000 2,20,000 2,33,391 11
List of
Recruiters by Sector
Consulting Logistics
Accenture Strategy 4tigo
Cognizant Crystal Logistics
Deloitte DHL
Fonds Nikkel Consulting LLP Future Supply Chain
ITC Infotech NBHC
Jarvis Consulting
KPMG Manufacturing/Engineering/Energy
Addverb Technologies
E-Commerce Ambuja Cement
Droom Bajaj Auto
Flipkart Cummins
Indiamart GAIL
Quikr GMR
Larsen & Toubro
Education Maruti Suzuki
Career Launcher Rural Electrification Corporation Ltd.
K12 Techno Services Tata Steel
Little Artists Vedanta
Mahendra's Education Waaree
www.iimu.ac.in
Jay M Jetani
jay.jetani.2018@iimu.ac.in
+91 90352 11190