Successful completion of Final Placements of PGP Batch 2013-2015 at IIM Udaipur

Indian Institute of Management Udaipur successfully concluded its final placement season for the class of 2015 of its flagship Post Graduate Programme (PGP). The institute achieved an incredible feat of 100% placement yet again as the big corporate houses in the industry continued to trust the quality of the management education delivered.

This year, 48 companies made 104 offers across various domains. The institute showed its marketing prowess as Sales & Marketing domain continued to offer the highest number of offers.

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All the three major sectors Banking/Financial, Manufacturing/Engineering/Energy and IT/ITes competed strength to strength with almost equal number of recruitment offers.

The outgoing PGP 2013-15 batch made numerous contributions to building a competitive culture in the institute with significant achievements in diverse fields such as extra-curricular activities, event management, entrepreneurship , business competitions, sports, cultural festival and social activities. The robust placement season concluded with impressive statistics of average salary of Rs. 13.62 lakhs per annum for the top quartile. The average placement figures for the top 50 percentile stood at Rs. 12.20 lakhs per annum. The changing business scenario influenced companies to hire the quality talent for assigning key roles and responsibilities with average salary of Rs. 10.28 lakhs per annum.

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The institute continued to strengthen its association with past recruiters like Accenture, Aranca, Bajaj Auto, Cognizant Technology Solutions, GE, Genpact, ICICI Bank, Mindtree, Mother Dairy, Quikr, Showman Logistics, Titan, Vedanta, Wipro, Yes Bank to name a few.

The institute also takes immense pride in associating with prominent first time recruiters like ACG Pharma, Amul, Berger Paints, Bharat Forge, Cognizant Business Consulting, CRISIL, Cummins, Deloitte US, ExxonMobil, Fidelity Investments, Jindal Steel & Power, KPMG, MAQ Software, Meru Cabs, RBL Bank, Raychem RPG and United Breweries.

10% of the students were offered pre-placement job (PPO) and pre-placement interview (PPI) based on their performance during the summer internship.

International offers were made by Xpress Money and ASC Thailand. Companies including ACG Pharma and India Pistons offered leadership roles such as Executive Assistant to CEO.

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Fostering the spirit of entrepreneurship, the institute takes pride to announce 2 year placement holiday to 3 students who took the road less travelled and opted out placement process to pursue their ventures. To support their endeavors, IIM Udaipur will also provide them the financial support in the form of monthly stipend of Rs. 20,000 per month.

The institute is proud to be one of the few B-Schools that follow the Indian Placement Reporting Standards (IPRS) to bring transparency in reporting its placement statistics.

Follow the below link for detailed final placement report PGP 2013-15 (Unaudited)-

http://iimu.ac.in/images/pdf/IIMU_PGP_FINAL_PLACEMENT_REPORT_APR09.pdf

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The Supply Chain Summit 2015 – A Success Story

SKEIN, the Supply Chain and Operations Club of IIM Udaipur in collaboration with State Bank of India successfully conducted The Supply Chain Summit’15, second edition of the annual Supply Chain Symposium on 14th February, 2015. 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. SKIEN’s constant endeavor remains imparting the students of IIMU the latest knowledge from the World of Supply Chain. It is an initiative to bring together Supply Chain enthusiasts from academia, the local community and industry alike and provide a platform where global leaders can share their opinions and views on supply chain through engagement in panel discussions and thus provide valuable insights to the students.

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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 this Supply Chain Summit 2015 was “From Apple to Apple – Supply Chain Transformation”, aptly developed around the global Supply Chain evolving activities and the prominent opportunities in the sector in future. The theme throws light on the transformation that took place from selling of apples in grocery stores to developing and implementing innovative supply chain technologies in companies such as Apple Inc.

The run-up to the event saw numerous online and on-campus competitions being held, with teams from the best B-schools across the country joining the event for battling their knowledge out in the arena in front of the judges.

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The event saw two important panel discussions between eminent corporate leaders. The first panel discussion with the sub-theme, “Make in India: How Supply Chain can help achieve the Dream” had panelists Mr. Ajay Jhalani – Head Supply Chain (CHEP India Pvt. Ltd.) , Mr. Chandramohan Gupta – Director Supply Chain (Coca Cola – India and SW Asia),  Mr. Shyamal Chatterjee – Head India Operations (Tupperware) , and Mr. Vinal Kabra -Global Supply Manager (Apple Inc., California). The vast experience these professionals had helped in an engaging and enriching discussion with various strata of Supply Chain management touched upon like Sustainability of Make in India, Importance of Analytics in the field of Supply Chain, protecting the margins in businesses, amalgamation of frontend and backend processes, and problems pertaining to warehousing and storage of food in India. The panel mentioned that roughly 12-14% of India’s GDP goes into logistics and similarly 80% of the price of the product also comprises of supply chain. They also threw light on the importance of new managers coming into the industry and the expectation from them. The speakers discussed about plethora of issues ranging from integration with suppliers, Squeezing of working capital & its profitability, Accurate Demand aggregation, and enhancement in Cold Chain infrastructure.

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The second panel discussion revolved around the sub-theme, “E-Commerce in India: Competitive Advantage through Innovations in Supply Chain” with the panelists Mr. Hrishikesh Pore – Head Grocery Online (My247Market.com – A TATA Enterprise) , Mr. Navneet Rai – Co-founder (Tolexo) and Mr. Jayant Mahto – VP Operations (Firstcry.com). The panel discussed about how e-commerce has brought the once backend process of a business i.e supply chain to front end. They discussed the dilemma of maintaining a site that offers products both perishable and nonperishable products.  The panel discussion was mainly interaction driven with students asking questions specifically related to e-commerce industry as well as companies that the panelists are representing. The panelists also discussed the benefits of e-commerce as compared to the traditional method of shopping offline.

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The event ended with a felicitation of the speakers and a vote of thanks. The Supply Chain Summit’15 was a resounding success with speakers and participants alike, appreciating the seamless organization of the entire event and the insights they gained through the discussions.

IIM Udaipur’s Supply Chain Summit 2015

SKEIN, the Supply Chain and Operations Club of IIM Udaipur in association with State Bank of India is pleased to present the second edition of “The IIM Udaipur Supply Chain Summit“. The annual event is a platform where global leaders can share their opinions and views on supply chain through engagement in panel discussions and thus provide valuable insights to the students. This edition of the summit is scheduled at 2:00 pm on 14th February, 2015

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Living by the spirit of IIM Udaipur to be a forerunner in developing management leaders, the theme for Supply Chain Summit 2015 is:

From Apple to apple – Supply Chain Transformation

The panel discussion topics for the event are as follows:

Panel discussion 1: Make in India – How Supply Chain can help achieve the Dream

Panel discussion 2: E-Commerce in India – Competitive Advantage through Innovations in Supply Chain

Our esteemed guests for the event are:

  • Ajay Jhalani, Head Supply Chain-CHEP India Pvt. Ltd.
  • Vinal Kabra, Global Supply Manager – Apple Inc, USA
  • Chandramohan Gupta, Director Supply Chain- Coca Cola – India and SW Asia
  • Shyamal Chatterjee, Head India Operations – Tupperware
  • Hrishikesh Pore, Head Supply Chain – Tesco Hindustan Wholesaling Pvt. Ltd.
  • Navneet Rai, Co-founder – Tolexo
  • Jayant Mahto, Vice President Operations – Firstcry.com

The event is well supported by other sponsors as listed below:

Gati KWE – Associate Sponsor Zuccini- Food Partner Valley View- Hospitality Partner Udaipur Blog– Media Partner Chaudhary Offset Pvt. Ltd.- Printing Partner

Check out more details at-

Website: http://iimu.ac.in/campus/clubs-aamp-committees/supply-chain-management.html

FB page: https://www.facebook.com/SKEIN.SCM.IIMU

Mail: skein@iimu.ac.in

Things which differentiate IIM Udaipur – Live Projects!

IIM Udaipur follows the pedagogy of learning by doing. And the approach of inculcating of live industry projects into the curriculum provides a right mix of practical exposure to the students. Orchestrated by Consult-UThe Consulting Club of IIMU at the helm and coordinated by other clubs, SakshamThe Entrepreneurship Club of IIMUFinominaThe Finance Club of IIMU and MarClanThe Marketing Club of IIMU, the projects are sought from industries. The projects are then awarded to the students and the entire process is managed by students to ensure that the opportunities are accessed by all.

Project teams comprise of students from both the years and faculties are involved to mentor the projects execution. The projects help in establishing mutually beneficial relationships between the industries seeking young and innovative people with fresh perspective on management, and students who get to hone their classroom learnings and insights by blending them with real life business challenges. IIMU’s commitment to excellence and quality is assured in the projects deliveries through a carefully planned process comprising of initial briefing, mid-term review, periodic checks and final conclusion with the focus on advantages sought from the projects.

The diversity of the projects portfolio makes sure that students get hands-on experience on all the management verticals, company domains and business functions viz., finance, marketing, research, consulting, human resources, operations, IT, analytics and systems and even in drives like energy saving. Students of IIMU have been associated with and done projects with organizations primarily operational in healthcare, mining, food, hospitality, manufacturing, e-commerce among other sectors and with NGOs. The projects aid students to take up initiatives and learn the concepts by application helping in their sound development.

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.

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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.

IIM Udaipur E-Commerce Excursus

The Indian Institute of Management Udaipur successfully organized the first edition of the “IIM-Udaipur E-commerce Excursus” on 23rd November 2013 at the institute. Focusing on the importance of innovation, the theme for the discussion was “Shifting Gears: New trends in E-commerce.”

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The event was inaugurated with a Welcome Address by Prof. Janat Shah, Director, IIM Udaipur, where he emphasized on the significance of management education in being a transformation experience for the students. He spoke on the importance given at IIM Udaipur towards entrepreneurship, analytics and developing leadership capabilities in students

Mr. Srikant Gokhale, the Founder & CEO of East Avenue, a global research company gave the inaugural speech for the panel discussions. In his address, Mr. Gokhale shared his knowledge on the E-commerce & the Online Retail industry in India. He also educated the students on the future growth prospects present in this field.

The Conclave encompassed a Presentation Challenge and a Panel Discussion. The Presentation Challenge comprised of a competition amongst student teams presenting solutions to issues faced by the Indian E-commerce firms. The panel discussion was a platform for industry leaders to share their expertise through engaging dialogues on the theme “Shifting Gears: New trends in E-commerce”

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The event saw stalwarts from the top E-commerce firms expressing their knowledge and views regarding the future of the industry. The panel comprised of Mr. Hitesh Oberoi, Managing Director and Chief Executive Officer at Info Edge (India) Ltd and Naukri.com; Mr. Pranay Chulet, Founder & CEO of Quikr India Pvt. Ltd; and Mr. Manish Godha, CEO and Founder at Advaiya Solutions Pvt. Ltd. The speakers brought in different perspectives to the discussion sharing their vast experience in the E-commerce business. They discussed the fast pace at which the E-commerce industry is expanding in India and the implications of the same. They shared their views on how companies can bring improvements and adopt various innovative techniques to meet the demands of the future.

As part of the presentation challenge, the students of IIM Udaipur presented their analysis and recommendations for specific business challenges existing in the E-commerce industry. The challenges were pertaining to adopting the right marketing strategy and supply chain management strategy to resolve the issues faced by the E-commerce firms. The presentations were judged by the esteemed guest speakers.

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The E-commerce Excursus concluded with declaration of results for the business challenge competition followed by a vote of thanks. The panel discussion, the student presentations as well as the quality interaction with the industry leaders was an enriching experience for the students of IIM Udaipur.

Life @ IIMU

Nestled amongst the lush, verdant hills of the Aravallis in Rajasthan, the Indian Institute of Management, Udaipur currently located in the campus of the Mohan Lal Sukhadia University possesses the perfect setting and environment for a business school.

Academic rigour has always been a part and parcel of the life of an IIM student and the experience at IIM Udaipur so far, lives up to the same. With business cases to be prepared on an almost daily basis, the study sessions with fellow group mates and the umpteen reports and presentations that have to be made and delivered before deadlines (which more often than not are at unearthly hours, so far spent either watching movies, surfing the net or partying hard) life can get stressful and sleep, a bygone luxury. And just when you’ve had a really heavy lunch topped off with some chilled lassi, does a mail pop into your inbox. Now, outside professional life, mails are usually responded to with a bored glance or a casual laugh. An IIM student learns to expect more. Mails from the PGP office between 12.30PM and 3.30PM are…the most dreaded on campus. Statistics for Management toppers have for decades struggled with their regression, correlation and heuristic analyses to comprehend the relationship between full stomachs and afternoon mails from the PGP office. Surprise quizzes, considered by many as an initiative by the Lucifer himself, serve to knock you off your dreamy siestas and full tummies to those notes that you had, in all probability, hastily scribbled over the last couple of sessions in class. However, the burden of all these activities can be alleviated by merely stepping out onto the hostel terraces for some casual banter with your “ever-ready” group mates whilst taking in the fresh mountain air that most of us have for so long missed, before resuming preparations.

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Udaipur, also called the ‘Venice of the East’ is also called the City of Lakes. Hills, lakes, gardens and palaces, the city is not short on options to recharge the soul and the mind, a welcome relief from the daily grind. The Chief Conservator of Forests in Udaipur organizes regular treks for the students, which apart from being an experience in itself, helps build bonds that could very well last a lifetime. For the foodie, the alleys of the Old Udaipur town are a godsend. Rajasthani delicacies, Mumbai vadapavs and even Keralite non-vegetarian cuisine, the city’s got enough to keep you satiated. Fast food outlets of the likes of KFC, Pizza Hut are in a close proximity to the campus and make for a welcome reprieve at the weekends.

For those who want to work on their extra-curricular activities, IIM Udaipur’s clubs and committees (currently numbering to around 20) provide ample opportunities. The Media & Industry Interaction Cell organizes the Leadership Summit, which is the flagship event of the campus. The Literary club is not just restricted to organizing quizzes. Over the last year, it has organized the Udaipur Leap Day Lit Fest where authors of the likes of Rashmi Bansal and Ashwin Sanghvi visited the campus and interacted with the students. The club also conducted the Udaipur Amazing Race which was basically a treasure hunt across the city of Udaipur, organized along the lines of the popular TV show. The football and crickets enthusiasts among the batch have a Cricket and Football League system in place, complete with an IPL-style auctioning system to add a little extra spice. There are also regular JAM sessions and film screenings that allow the entire batch to let its hair down and have fun as a group. The institute also has a music room, where the musicians of the batch can let loose post the sessions in class.

As in every Management School, due importance is given to those clubs that promote the business of Business itself at IIM Udaipur. Finomina – The Finance Club of IIM Udaipur holds sessions and competitions with the batch to illustrate and discuss various aspects of finance. The Entrepreneurship Cell – Saksham holds guest lectures with the batch, where students get to interact with budding entrepreneurs. Prayatna – The Social Responsibility club has taken up a variety of initiatives to promote a spirit of social responsibility among the students. The Cultural Committee organizes various cultural events in the campus to highlight the diversity of the batch. The recent Food Fest conducted in association with the Mess Committee is just an example of the same.

As with any other college, the real flavour of IIM Udaipur is best experienced in its hostels. Time inside the hostels doesn’t run according to the Indian Standard Time though, at any point in the day the mean number of people sleeping and those wide awake are roughly the same. The latter are either working furiously to complete some assignment or trying to derive some inspiration for doing so off of Facebook!

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Come 8:30 AM and its quite common to see mouths frantically trying to gobble down the breakfast before entering the lecture hall – hopefully before the professor. The afternoons and evenings that are privileged enough to not be spent in class are utilized for impromptu siestas, volleyball matches or Counter Strike battles. More often than not, it’s all three combined.

The nights can be rather subdued before a quiz or some similar tragedy scheduled for the next day, however one thing that manages to bring people together even in times of such hardship is the call for “Maaro Maaro Maaro Maaro” that accompanies every poor soul’s birthday celebrations. The crowd congregates, beats the person black and blue, eats all the cake, (occasionally remembers to wish said person) and then go back to their respective studies. The quizzes still lie in waiting, and they are not going to study for themselves!