Final Placement

Report (Audited)
2023-24
One Year
MBA - GSCM
Full-time MBA Program in
Global Supply Chain Management

www.iimu.ac.in

www.iimu.ac.in

IIMU Corporate Relations Team

Student Placements Committee 2022-23

Mr. Souvik Roy
Head - Placement and
Aakesh Gattani Corporate Relations
[email protected]
[email protected]
+91 97737 88124 +91-90070 60767

Aditi
[email protected]
Mr. Aravind Jadhav
[email protected] Leaders
+91 94176 90090
+91-85003 04971
in Global
SCM
Mr. Gaurav Trivedi
Akshay Bangera [email protected]
[email protected]
+91 96852 87653
+91 99202 39440
IIMU Corporate
Student RelationsCommittee
Placements Team 2023-24 Ms. Monika Tiwari
Amit Choudhary [email protected]
Vaneet Chhibber +91 88003 81160
[email protected]
Aman Suyal –
Chairperson +91 91666 69492
[email protected] Ms. Sulbha Tak
Corporate Communications &
[email protected]
Industry Relations
Goutam Gupta Velumure
Debjeet Mishra
+91-83860 83653
[email protected]
[email protected] [email protected]
+91 93236 19641 +91 91675 92541 Ms. Swati Singh
Kuldeep Singh Sengar [email protected]
Ms. Kavita Chotrani
[email protected] S V S S Surya Vamsy +91-86985 86795
[email protected] [email protected]
Paras
+91 Rastogi
99830 66656 +91 77951 23433
[email protected]

Saquib Shaikh
[email protected]

www.litmusbranding.com
Letter from
Auditor

SORAB S. ENGINEER & CO. (Regd.) SORAB S. ENGINEER & CO. (Regd.)
CHARTERED ACCOUNTANTS CHARTERED ACCOUNTANTS
TELEPHONE : +91 79 29700466 TELEPHONE : +91 79 29700466
: +91 79 48006782 : +91 79 48006782
EMAIL : [email protected] 804, SAKAR-IX, EMAIL : [email protected] 804, SAKAR-IX,
: [email protected] BESIDES OLD RBI, : [email protected] BESIDES OLD RBI,
WEB : www.sseco.in ASHRAM ROAD, WEB : www.sseco.in ASHRAM ROAD,
AHMEDABAD-380 009 AHMEDABAD-380 009

To
The Director,
Indian Institute of Management Udaipur
4. The information has been categorized as best as possible under different salary heads as
Udaipur.
given in the IPRS Revision 2.2; where a break-up was not available, the salary has been
considered only as ‘Maximum Earning Potential’.
Dear Sir,
5. Performance Bonus has been considered for calculation of ‘Maximum Earning Potential’.
6. Stock options has been mentioned for twelve students with details on how much vests in the
Re: Placement Audit Report for 2023-24 of the One Year Full-time MBA Program in Global
first year. Hence, the corresponding fixed amount has been considered for calculating
Supply Chain Management (GSCM)
‘Maximum Earning Potential’.
7. The number of students opting out of the placement process has been established through
We have audited the Placement Report (“the Report”) prepared by you for the final placements of
written communication from those students.
students of MBA-GSCM Batch 2023-24 of Indian Institute of Management, Udaipur (“IIM-U”). The
8. We have only audited the salary figures in the placement report and not the report's season
Report is the responsibility of IIM-U. Our responsibility is to validate the information provided in
highlight section.
the Report with the relevant documentation and comment on the Report’s conformance with the
Indian Placement Reporting Standards, Revision 2.2 (IPRS).
For Sorab S. Engineer & Co.
Chartered Accountants
In this context, we confirm the following:
Firm Registration No. 110417W

1. For purpose of audit, we have obtained all the information and explanations, which to the Lorem ipsum
best of our knowledge and belief were necessary. In our opinion, the Report complies with
CA. Chokshi Shreyas B.
the IPRS.
Partner
2. The validation of information presented in the Report is based on communication received
Membership No. 100892
by IIM-U from recruiting companies. We have not independently sourced any information or
UDIN: 24100892BJZXTX9271
documentation.
Ahmedabad
3. We have verified the information with respect to remuneration presented in the Report with
September 20, 2024
communication received from recruiters. Information regarding compensation received from
individual students has not been used.

Head Office: 902, Raheja Centre, Free Press Journal Marg, Nariman Point, Mumbai-400 021. Head Office: 902, Raheja Centre, Free Press Journal Marg, Nariman Point, Mumbai-400 021.
Telephone: +91 22 2282 4811, 2204 0861 • Email: [email protected], [email protected] Telephone: +91 22 2282 4811, 2204 0861 • Email: [email protected], [email protected]

Bengaluru Branch: F-1, Vaastu Jayalaxmi, 8 Street, Opp. Fortis Hospital, 1st Main Road, Sheshadripuram, Bengaluru-560020. Bengaluru Branch: F-1, Vaastu Jayalaxmi, 8 Street, Opp. Fortis Hospital, 1st Main Road, Sheshadripuram, Bengaluru-560020.
Telephone: +91 9925879234 • Email: [email protected] Telephone: +91 9925879234 • Email: [email protected]
 Placement
Season Highlights

▪ IIM Udaipur welcomed prominent recruiters like Accenture Strategy & CONTENTS
Consulting, Accenture Technology, Berger Paints, Bristlecone, CAMS, Cognizant,
Delhivery, DP World, Exponentia.ai, FarEye, Grant Thornton, Infosys, Innover Placement Season Highlights...................................................................................................................................................4
Digital, KPMG, Kraft Heinz, Lumiq, Manhattan Associates, o9 Solution, Orane Placement details as per IPRS ............................................................................................................................................6
Consulting Pvt Ltd., Prompt Group, Tech Mahindra, Thoucentric and Tiger 1 Classification of entire Placement Pool.......................................................................................................................6
analytics. 2 Classification based on Sectors ....................................................................................................................................7
3 Classification based on Functions................................................................................................................................7
▪ 100% of MBA-GSCM students, who opted for campus placements, were placed 4 Classification based on Locations
through campus-generated opportunities. 4.1 Classification based on Locations within India ....................................................................................................8

▪ 23 recruiters extended offers to MBA-GSCM students at IIM Udaipur.

5 Classification based on Salary Data
5.1 Classification of salary heads - Domestic ................................................................................................................9
▪ Roles were offered across various domains like Consulting & Strategy,
5.2 Classification of Salary based on sector - Domestic (INR)
Operations/Supply Chain Management (SCM), Analytics, Sales & Marketing &
5.2.1 Classification of fixed yearly cash component based on sector – Domestic (INR) ..................................10
Business Development and Product Management.
5.2.2 Classification of one-time cash payment based on sector – Domestic (INR) ...........................................10
▪ Salary details based on maximum earning potential: 5.2.3 Classification of total guaranteed cash component based on sector – Domestic (INR)..........................11
5.2.4 Classification of maximum earning potential based on sector – Domestic (INR) ....................................11
Highest maximum earning potential (Domestic): Rs 41.66 lakhs per annum. 5.3 Classification of Salary based on function - Domestic (INR)
Average maximum earning potential (Domestic): Rs 22.54 lakhs per annum. 5.3.1 Classification of fixed yearly cash component based on function – Domestic (INR)...............................12
Median earning potential (Domestic): Rs 20 lakhs per annum 5.3.2 Classification of one-time cash payment based on function – Domestic (INR)........................................12
5.3.3 Classification of total guaranteed cash component based on function – Domestic (INR) ......................13
5.3.4 Classification of maximum earning potential based on function – Domestic (INR) ................................13
5.4 Classification of Salary based on Location
5.4.1 Classification fixed yearly cash component payment based on location .................................................14
5.4.2 Classification of one-time cash payment based on location ......................................................................14
5.4.3 Classification total guaranteed cash component payment based on location ........................................15
5.4.4 Classification maximum earning potential payment based on location ..................................................15
6 List of Recruiters by Sector ...................................................................................................................................16
7 Compliance Statement ................................................................................................................................................17
 Placement details Classification
as per IPRS Based on Sectors
The entire batch of students was eligible for sitting in
No. of offers
the Final Placements. Sector
accepted
Banking, Financial Services and Insurance (BFSI) 5

Classification of the Consulting

Fast Moving Consumer Goods/Durables & Retail
7
5
Information Technology/ITES 28
entire placement pool Logistics 4
Total 49

Table 2: Classification based on sectors

Categories Number of
students
1. Number of students eligible for placements 55
2. Number of students who did not seek placement through the institute 6
2a. Company-sponsored or already employed
2b. Continuing education
4
-
Classification
Based on Functions
2c. Postponing job search -
2d. Entrepreneurship (Starting a new business) -
2e. Returning to / joining family business -
Function No. of offers
2f. Sought placement outside the campus placement process 2 accepted
2g. Did not seek placements for other reasons - Analytics 5

3. Total who sought Placements through the institute 49 Consulting & Strategy 24

4. Total offers accepted 49 Operations/Supply Chain Management (SCM) 15

5. Number unplaced, if any - Product Management 1

Sales & Marketing and Business Development 4
Table 1: Classification of entire placement pool
Total 49

Table 3: Classification based on Functions

For Indian Institute of Management - Udaipur For Indian Institute of Management - Udaipur

For Sorab S Engineer & Co. (Regd.) Souviuk Roy For Sorab S Engineer & Co. (Regd.) Souviuk Roy
Head-Placement & Corporate Relations Head-Placement & Corporate Relations

06 07
 Classification Salary Data
Based on Location Note: The entries in the ‘Data’ column specify the data points for which the
minimum, maximum, mean and median are specified.

5.1 Salary Head – Domestic Offers (INR)

Salary Min Max Median Mean Data

A. Fixed Yearly Cash Component 11,50,008 31,12,000 16,57,268 17,78,653 49

B. One-time Cash Payment 50,000 3,50,000 1,50,000 1,81,250 24
C. Total Guaranteed Cash Component 11,50,008 32,12,000 17,35,131 18,67,428 49
4.1 Classification based on Locations within India
D. Maximum Earning Potential 15,00,000 41,66,200 20,00,000 22,53,094 49
Location (within India) No. of offers
accepted (including non-cash, long term and
performance linked components)
Ahmedabad 4
Table 5.1: Classification of salary heads – Domestic
Bengaluru 11
Chennai 7
Description of Salary Heads
Gurugram 4
1. Fixed Yearly Cash Component: This is a total of the annual basic salary and additional guaran-
Hyderabad 5 teed cash components. These additional components include cash payments and allowances that
are part of the annual package. The term guaranteed signifies that the amount is certain unless
Kolkata 3 there is an overall pay revision. The components falling under this salary head are final and are not
Mumbai 6 related to performance.
2. One-time Cash Payment: This head indicates the value of the remuneration given to a candidate
Noida 2 as one-time cash benefit mostly at the time of joining.
3. Total guaranteed Cash Component: This is the sum of fixed yearly cash component and one-time
Pune 7
cash payment.
Total 49 4. Maximum Earning Potential: This is the sum of total guaranteed cash component, maximum
performance-linked variable and all other components of salary that are part of the offer. This can
include ESOPs, relocation allowances, long term compensation such as PF and other perks as
well.

For Indian Institute of Management - Udaipur For Indian Institute of Management - Udaipur

For Sorab S Engineer & Co. (Regd.) Souviuk Roy For Sorab S Engineer & Co. (Regd.) Souviuk Roy
Head-Placement & Corporate Relations Head-Placement & Corporate Relations

08 09
 Classification of salary
based on sector – Domestic (INR)

Total Guaranteed Cash Component

Sectors Min Max Median Mean Data

5.2 Salary classification based on Sector – Domestic (INR)
Fixed Yearly Cash Component A. Banking, Financial Services and 14,11,748 23,08,194 18,13,581 18,81,598 5
Insurance (BFSI)
Sectors Min Max Median Mean Data
B. Consulting 14,10,000 32,12,000 25,62,000 23,36,326 7
A. Banking, Financial Services and 14,11,748 23,08,194 18,13,581 18,81,598 5
Insurance (BFSI) C. Fast Moving Consumer 15,70,532 16,25,400 16,25,400 16,03,453 5
Goods/Durables & Retail (FMCG/D)
B. Consulting 14,10,000 31,12,000 25,12,000 22,50,611 7
D. Information Technology/ITES 11,50,008 26,62,000 17,57,928 18,28,977 28
C. Fast Moving Consumer 14,25,400 14,45,532 14,25,400 14,33,453 5
Goods/Durables & Retail (FMCG/D) E. Logistics 15,78,150 16,78,400 16,28,275 16,28,275 4

D. Information Technology/ITES 11,50,008 23,12,000 16,57,268 17,39,691 28 Table 5.2.3: Classification of total guaranteed cash component based on sector – Domestic (INR)
E. Logistics 14,78,150 15,78,400 15,28,275 15,28,275 4

Table 5.2.1: Classification of fixed yearly cash component based on sector – Domestic (INR)

Maximum Earning Potential

One-time Cash Payment Sectors Min Max Median Mean Data

Sectors Min Max Median Mean Data A. Banking, Financial Services and 18,00,001 28,00,000 22,00,000 23,00,000 5
Insurance (BFSI)
A. Banking, Financial Services and - - - - -
Insurance (BFSI) B. Consulting 22,00,000 41,66,200 31,84,000 29,77,375 7
B. Consulting 50,000 3,50,000 50,000 1,20,000 5 C. Fast Moving Consumer 17,93,000 19,35,054 19,35,054 18,78,232 5
Goods/Durables & Retail (FMCG/D)
C. Fast Moving Consumer 1,25,000 2,00,000 2,00,000 1,70,000 5
Goods/Durables & Retail (FMCG/D) D. Information Technology/ITES 15,00,000 33,74,000 20,00,000 21,97,108 28
D. Information Technology/ITES 1,00,000 3,50,000 2,75,000 2,50,000 10 E. Logistics 17,92,400 18,00,000 17,96,200 17,96,200 4
E. Logistics 1,00,000 1,00,000 1,00,000 1,00,000 4

Table 5.2.2: Classification of one-time cash payment based on sector – Domestic (INR) Table 5.2.4: Classification of maximum earning potential based on sector – Domestic (INR)

For Indian Institute of Management - Udaipur

For Indian Institute of Management - Udaipur

For Sorab S Engineer & Co. (Regd.) Souviuk Roy

For Sorab S Engineer & Co. (Regd.) Souviuk Roy Head-Placement & Corporate Relations
Head-Placement & Corporate Relations
10 11
 Classification of salary
based on function – Domestic (INR)
5.3 Salary classification based on Function – Domestic (INR)

Fixed Yearly Cash Component Total Guaranteed Cash Component

Sectors Min Max Median Mean Data Sectors Min Max Median Mean Data

A. Analytics 11,50,008 18,12,000 14,78,400 14,86,417 5 A. Analytics 11,50,008 21,62,000 16,28,400 15,86,417 5
B. Consulting / Strategy 14,10,000 31,12,000 17,09,634 19,05,002 24 B. Consulting / Strategy 14,10,000 32,12,000 18,32,850 20,00,835 24
C. Operations/Supply Chain 14,25,400 23,08,194 16,56,800 17,00,509 15 C. Operations/Supply Chain 15,70,532 23,08,194 17,80,724 17,90,509 15
Management (SCM) Management (SCM)
D. Product Management 18,81,131 18,81,131 18,81,131 18,81,131 1 D. Product Management 18,81,131 18,81,131 18,81,131 18,81,131 1
E. Sales & Marketing and Business 14,78,150 20,78,400 15,28,275 16,53,275 4 E. Sales & Marketing and Business 15,78,150 20,78,400 15,78,275 17,03,275 4
Development Development
Table 5.3.1: Classification of fixed yearly cash component based on function – Domestic (INR) Table 5.3.3: Classification of Total guaranteed cash component based on Function.

One-time Cash Payment Maximum Earning Potential

Sectors Min Max Median Mean Data Sectors Min Max Median Mean Data

A. Analytics 1,50,000 3,50,000 2,50,000 2,50,000 2 A. Analytics 15,00,000 26,13,500 18,00,000 18,82,802 5
B. Consulting / Strategy 50,000 3,50,000 1,75,000 1,91,667 12 B. Consulting / Strategy 18,00,000 41,66,200 22,36,503 24,83,741 24
C. Operations/Supply Chain 1,00,000 3,00,000 1,62,500 1,68,750 8 C. Operations/Supply Chain 17,92,400 28,00,000 20,00,000 20,78,397 15
Management (SCM) Management (SCM)
D. Product Management - - - - - D. Product Management 22,36,869 22,36,869 22,36,869 22,36,869 1
E. Sales & Marketing and Business 1,00,000 1,00,000 1,00,000 1,00,000 2 E. Sales & Marketing and Business 18,00,000 24,00,000 19,00,000 20,00,000 4
Development Development

Table 5.3.2: Classification of one-time cash payment based on function – Domestic (INR) Table 5.3.4: Classification of maximum earning potential based on function – Domestic (INR)

For Indian Institute of Management - Udaipur For Indian Institute of Management - Udaipur

For Sorab S Engineer & Co. (Regd.) Souviuk Roy For Sorab S Engineer & Co. (Regd.) Souviuk Roy
Head-Placement & Corporate Relations Head-Placement & Corporate Relations

12 13
 Classification of salary
based on location
5.4. Salary classification based on Location.:
Fixed Yearly Cash Component Total Guaranteed Cash Component

Indian Locations Min Max Median Mean Data Indian Locations Min Max Median Mean Data

A. Ahmedabad 11,50,008 14,25,400 14,25,400 13,56,552 4 A. Ahmedabad 11,50,008 16,25,400 16,25,400 15,06,552 4
B. Bengaluru 14,78,400 25,12,000 16,57,268 17,78,947 11 B. Bengaluru 15,09,600 26,62,000 16,57,268 18,28,947 11
C. Chennai 16,03,700 23,08,194 18,13,581 18,99,889 7 C. Chennai 18,03,700 23,08,194 19,95,280 19,78,460 7
D. Gurugram 14,11,748 31,12,000 19,45,200 21,03,537 4 D. Gurugram 14,11,748 32,12,000 21,70,200 22,41,037 4
E. Hyderabad 12,56,544 23,12,000 15,78,400 16,93,709 5 E. Hyderabad 12,56,544 26,62,000 16,78,400 18,53,709 5
F. Kolkata 14,45,532 17,62,000 14,45,532 15,51,021 3 F. Kolkata 15,70,532 18,62,000 15,70,532 16,67,688 3
G. Mumbai 14,10,000 25,12,000 15,28,275 16,98,639 6 G. Mumbai 14,10,000 25,62,000 15,78,275 17,40,305 6
H. Noida 16,56,800 20,78,400 18,67,600 18,67,600 2 H. Noida 19,56,800 20,78,400 20,17,600 20,17,600 2
I. Pune 15,09,600 25,12,000 18,65,520 19,13,909 7 I. Pune 15,09,600 26,62,000 18,65,520 19,71,052 7

Table 5.4.1: Classification fixed yearly cash component payment based on location Table 5.4.3: Classification of Total guaranteed cash component based on location.

One-time Cash Payment Maximum Earning Potential

Indian Locations Min Max Median Mean Data Indian Locations Min Max Median Mean Data

A. Ahmedabad 2,00,000 2,00,000 2,00,000 2,00,000 3 A. Ahmedabad 15,00,008 19,35,054 19,35,054 18,26,293 4
B. Bengaluru 50,000 3,50,000 1,50,000 1,83,333 3 B. Bengaluru 18,00,000 33,73,300 19,39,008 21,82,081 11
C. Chennai 1,50,000 2,00,000 2,00,000 1,83,333 3 C. Chennai 20,23,000 28,00,000 22,23,004 23,28,001 7
D. Gurugram 1,00,000 3,50,000 1,00,000 1,83,333 3 D. Gurugram 17,92,400 41,66,200 25,87,001 27,83,150 4
E. Hyderabad 1,00,000 3,50,000 3,50,000 2,66,667 3 E. Hyderabad 15,00,000 33,74,000 19,39,008 22,43,782 5
F. Kolkata 1,00,000 1,25,000 1,25,000 1,16,667 3 F. Kolkata 17,93,000 24,06,800 17,93,000 19,97,600 3
G. Mumbai 50,000 1,00,000 1,00,000 83,333 3 G. Mumbai 18,00,000 31,84,000 20,00,000 21,82,237 6
H. Noida 3,00,000 3,00,000 3,00,000 3,00,000 1 H. Noida 20,00,000 24,00,000 22,00,000 22,00,000 2
I. Pune 50,000 3,50,000 2,00,000 2,00,000 2 I. Pune 19,39,008 33,74,000 22,00,000 24,26,574 7

Table 5.4.2: Classification of one-time cash payment based on location. Table 5.4.4: Classification of maximum earning potential based on Indian location

For Indian Institute of Management - Udaipur

For Indian Institute of Management - Udaipur

For Sorab S Engineer & Co. (Regd.) Souviuk Roy

Head-Placement & Corporate Relations
For Sorab S Engineer & Co. (Regd.) Souviuk Roy
Head-Placement & Corporate Relations
14 15
 List of Recruiters
by Sector
Banking, Financial Services
7. Compliance Statement
and Insurance (BFSI)
◦ CAMS This placement report has been prepared as per the Indian Placement Reporting Standards,
◦ Grant Thornton Revision 2.2.
The instances where the report deviates from standards and the reasons for them are
Consulting mentioned below:
◦ Accenture Strategy and Consulting
◦ KPMG Deviation from the standards Reason
◦ Thoucentric
- -
FMCG/Retail
◦ Berger Paints
◦ Kraft Heinz
For Sorab S Engineer & Co.
For Indian Institute of Management - Udaipur
Information Technology Chartered Accountants
Firm Registration No. 110417W
◦ Accenture Technology
◦ Bristlecone
◦ Cognizant CA. Chokshi Shreyas B.
Partner
◦ Exponentia.ai Membership No. 100892
Souvik Roy
◦ FarEye UDIN:24100892BJZXTX9271
Head-Placement & Corporate Relations
Ahmedabad
◦ Infosys
◦ Innover Digital
◦ Lumiq
◦ Manhattan Associates
◦ o9 Solutions
◦ Orane Consulting Pvt Ltd.
◦ Prompt Group
◦ Tech Mahindra
◦ Tiger Analytics

Logistics
◦ Delhivery
◦ DP World

For Indian Institute of Management - Udaipur

For Sorab S Engineer & Co. (Regd.) Souviuk Roy

Head-Placement & Corporate Relations

16 17