IIM Udaipur releases Summer Placement Report for the Batch 2013-15

Indian Institute of Management, Udaipur, takes great honor in announcing the successful completion of the Summer Placements 2013-14. The institute once again takes pride in 100% summer placements in spite of 11% increase in batch size. This season saw participation of several reputed organizations across various sectors such as Banking, Financial Services and Insurance (BFSI), FMCG, Consulting, E-Commerce, Pharmaceutical / Healthcare, Retail, Energy and Conglomerates among others. BFSI emerged as the largest sector making offers to 25% of the batch.

1

IIM Udaipur witnessed participation from a total of 56 companies, marking a 22% increase over the previous year in the Summer Placement process for the 110 students of the Post Graduate Programme (PGP) 2013-2015. This year saw many prominent brands visiting the campus for the first time, a few names being Aegis Global Ltd., Boston Consulting Group, Cummins, Future Group, Dover Corporation, Marico, Maersk Line, Sundaram Mutual, Talisma and many more. This strongly reflects the rising distinction of the institute and the increasing value of its talent in the industry. Several past recruiters like GE India, ICICI Bank, ICRA, KPMG, Infoedge India (naukri.com), Mapro, Xpress Money, UAE Exchange, Vedanta and others have continued to show confidence in the quality of the students and the management education imparted. With the varied professional and educational diversity of the batch, students have been offered with a variety of profiles like Finance, Marketing, Consulting, Operations, IT/Analytics and HR. Various profiles of Business Development, Strategy design and execution have been provided by different start-ups.

Placement Statistics

Also, the institute is the first B-school from India to partner with the prestigious Global Business Project consortium through which selected students get an opportunity to work with the very best management graduates from a set of 12 global universities namely UNC-Chapel Hill, Columbia, George Washington University, Lingnan College, Miami, Maryland, Purdue, Pittsburgh, San Diego State, the University of Connecticut, and University of Wisconsin & UNISINOS. The project will provide the students with an opportunity to work with top global companies who recruit MBAs as well as with fellow MBAs from different backgrounds, countries and culture. Three of our students will be working for clients HPCL, Eli Lilly and Handwriting Without Tears in consulting projects which will help them gain an international business experience complementary to the academics.

IIM Udaipur believes in doing things differently and focuses on maximizing the utility of the summer internship program. The students have been selected to work for Trunz Water Systems, a Switzerland based firm on a project that will be completely handled by the students and they will carry out the commercial-feasibility analysis. The students will get an opportunity to work in collaboration with the students from the University of St. Gallen, thus giving them exposure of working with a global team and analyzing from a global perspective.

IIMU is one of the few institutes in India which follow IPRS Reporting Standards for placement reports. An unaudited detailed report of the placements can be found at: http://www.iimu.ac.in/images/pdf/iimu_summer_placement%20report_2013-15.pdf.

The audited report of the placements will be shared soon. Other communications regarding the placements can be found at: http://www.iimu.ac.in/corporate/placements/placement-report.html.

Arth – Samvaad 2014 concludes amidst piquant discussions, applauds and cheers!

Finomina The Finance Club of IIM Udaipur successfully organized Arth Samvaad 2014, the second edition of its annual Finance Symposium on 25th January, 2014. The clubs and committees of IIMU give ample opportunities to its students to master the tapestry of learning and holistic development while getting hands on experience in organizing events. Finomina’s constant endeavor remains imparting to the students of IIMU, the latest knowledge from the world of finance. In light of the recent economic complexities and the challenges faced by corporates in financial management, a host of speakers, all leaders in multiple financial services organizations were invited for the symposium.

Panel discussion

The event flagged off with an opening speech from Prof. Janat Shah Director, IIMU who presented his vision for the institute with strong emphasis on research, analysis and entrepreneurship. The umbrella theme for Arth-Samvaad 2014 was Financial Management Cues for the Future, aptly developed around global financial chaos and prominent future opportunities in the sector. The Chief Guest of the event, Mr. V S Sundaresan, Chief General Manager, SEBI efficiently deliberated on the topic progressing through the performance of financial markets in leaps and bounds and how SEBI’s focus has been around Products, Processes and Participants.

Prof. Janat Shah has always been a driving force motivating his students. And IIMU students witnessed a sheer moment of this construct when the Chief Guest was joined by the Keynote Speaker of the event, Mr. Satya Narayanan R, FounderChairman, Career Launcher. Mr. Satya Narayanan R has been a student of Prof. Janat Shah at IIM Bangalore and his entrepreneurial success in leading Career Launcher to the helm among the Educational Services companies of India shows the prominence with which Prof. Janat Shah champions the transformation of his students exalting all of them with his vision. Mr. Satya Narayanan R discussed about the role capital markets can play in influencing the masses and the values like paying back to the society which should lead the businesses.

The event saw two important panel discussions between eminent corporate leaders. The first panel discussion with the sub-theme, “Corporate FinanceDoes Practice Meet Theory?” had panelists Mr. V Srinivasa Rangan, Executive Director, HDFC, Mr. Sourav Mallik, Senior Executive Director and HeadMergers & Acquisitions, Kotak Investment Banking and Mr. Srinivas Baratam, MD, Kriscore Financial Advisors. The discussion was moderated by PGP student, Dhiraj Kumar. The vast experience of these professionals nurtured an engaging and enriching the discussion with various aspects of corporate finance touched upon like conservatism, valuation to the shareholders, gaps between theory and the dynamic world of practice, debt, equity and the challenges of expected returns in the market. The finance enthusiasts of IIMU were equally excited to be in the audience and the panelists instantly struck a chord to inspire the students as role models with their innovative talks, delivering complex financial jargons in a light manner keeping everyone in splits.

The precursors of the final day event were competitions under the title Vitt-Sangram, the Pan India Debate Challenge, Quiz Competition and Article Writing Contest. The participants from leading B-School joined the team from IIM Udaipur for battling their knowledge out in the arena in front of the judges.

The second panel discussion revolved around the sub-theme, “Capital Markets in India: Infancy, Early Adulthood or Mature?” with the panelists Mr. Sandip Sabharwal, Investment Advisor and a Star Fund Manager, Mr. Amit Thawani, Executive Director, Nomura Financial Advisory & Securities (India) and Mr. Imtaiyazur Rahman, Group President & CFO, UTI AMC with the discussion being moderated by PGP student, Naimish Shah. The speakers discussed about the market size of Indian Capital Markets, Mutual Funds, IPO and the effect of GAAR on the Capital Markets.

With the winners

Finomina’s stride to deepen the financial acumen of the students of IIMU culminated on a promissory note with the launch of the 4th edition of Arthaarth, the Quarterly Magazine of Finomina. The speakers insistence on getting the foundation and clarity of concepts in theory right before practise left the students motivated. And the institute’s infrastructure with sophisticated Bloomberg Terminals leaves no stone unturned in shaping the best finance leaders of tomorrow. The event concluded with a vote of thanks and prize distribution to the winning teams from IIM Udaipur and SIBM Pune of the Debate Challenge, as well as a token of gratitude expressed for the event sponsors, Union Bank of India and Indian Bank.

The other participating teams were IIFT Kolkata and IMT Hyderabad. The winners of Article Challenge were IIM Bangalore and IIM Udaipur. And the Quiz Competition was won by IMT Ghaziabad, NMIMS and IIM Udaipur.