The Indian Institute of Management Udaipur (IIM-U), the newest addition to the IIM fraternity, recently completed the summer placements for its first batch. And some of the leading national and international companies offered a wide range of roles to the students, said the placement report. The five-month-old IIM though started its placement process relatively late as compared to the other IIMs — in the middle of November 2011 — claims to have placed the entire batch of 57 by December itself.
The institute claims that 50% of the batch has been placed in major cities of the country, with over 20% going to Mumbai. Bengaluru, Chennai, Hyderabad, NCR and Jaipur are the other cities where students have lapped up summer placements. The profiles on offer could be broadly classified into Consulting & Analytics, Banking & Finance, Sales & Marketing, and General Management & Operations and Human Resources.
Banking and Finance
An all-time favourite sector of management students took 28% students. Companies that hired from the sector include Nomura Securities, GE India, ICICI Bank, UAE Exchange, Union Bank of India and YES Bank.
Sales and Marketing
Godrej and Boyce, Hindustan Coca Cola Beverages Ltd, Hunter Douglas, United Spirits and Raymond Ltd took in 28% students in Sales and Marketing.
Consulting and Analytics
The second hot-favourite sector roped in 23% of the students. Companies included Accenture Business Consulting, KPMG and ICRA Management Consultants Ltd, IBM, Genpact and Infosys BPO.
General Management, Operations and Human Resource
While 14% of the batch will take up roles in General Management and Operations with reputed companies like Bharti Airtel, Tata Steel and Secure Meters, 7% will be pursuing their summer internships in HR roles offered by HPCL and Snowman Logistics Ltd.
IIM Udaipur Summer Placements 2011-13: The Number Game
Batch Strength |
57 |
Total number of offers made |
58 |
Number of companies that made offers |
25 |
Out of the above, 9% of the students would be pursuing their internships in United Kingdom, United Arab Emirates, Qatar and Malaysia in varied profiles.