IIM Udaipur PGP Overview

Highlights

Overview

IIM Udaipur offers a stellar two-year MBA program that is one of the hallmarks of the institute. The PGP program has been designed to give the students a transformative experience that enables them to develop into highly skilled managers with problem-solving and analysis skills while also developing them into a socially responsible individual that is ready to lead their organization on the path of excellence. The two-year program comprises six terms with a compulsory internship at the end of 1st year.

IIMU says its program is driven by five essential elements:

Global Best Practices

At its heart, the MBA degree is about learning and knowing how to create a balance between management theory and practice. IIM U doesn’t stop there and ensures its students are ethical and responsible decision-makers.

Multi-dimensional Immersion Experience

The premise of an immersive experience is to provide students real-life environments so that they can explore what suits them and what they are truly passionate about.

The institute has made Rural Immersion mandatory, which starts with a course on Indian Social and Political Environment and ends with the students spending a week in a village working closely with NGOs to understand and assimilate the ground realities of rural India.

After the students complete the first year at IIMU, they also have to undertake a mandatory internship, which can either be at a company, to gain experiential learning or by building their entrepreneurial project, to learn hands-on application. Students can also opt for corporate internships globally, some of which have been in Dubai, Qatar, London, and Malaysia, where the students apply their theoretical knowledge and understand closely what it means to work in an organization.

During the second year, the institute provides the students with International Business in Practice as an elective, which gives more than one-third of the institute’s students the chance to work on a live business problem for a period of two weeks in a company based in South Asia or the Middle East.

Analytics

The institute has made significant investments over the years to ensure that this crucial part of management does not get ignored. IIM Udaipur has helped build the analytical capabilities of students by developing infrastructure with state-of-the-art Bloomberg terminals and an Analytics Lab, along with all-new courses in analytics.

Entrepreneurship

The fourth pillar of learning at IIMU is the focus of the institute on Entrepreneurship. IIMU encourages this in several ways, such as intensive mentoring and support, theoretical and practical coursework, and flexible career options to ensure that students have the freedom to explore where their entrepreneurial interests lie.

A Global Perspective

IIMU also understands the importance of a multicultural environment to build good and effective leaders. Almost 60% of the institute’s students choose from one of the numerous options to study or work abroad that range from two weeks to three months during the two-year program. This international exposure helps the students understand the impact and value of cultural values and laws and widens their perspective to be more open and welcoming to different people and their ideas.

Opportunities include:

• International Corporate Internship
• International Business in Practice (IBP)
• Student Exchange Program

Placement

• 81 firms recruited from IIMU during 2020 final placements
• Industries like Banking, Financial Services, and Insurance (BFSI), followed by Technology and Consulting, made the largest number of offers.
• The highest numbers of roles offered were in Sales & Marketing and Business Development and Consulting.
• Two students decided to sit-out the placement process to pursue their entrepreneurship ventures. To support the students in their endeavor, a 2-year placement holiday and financial support in the form of a monthly hardship allowance will be provided by IIM Udaipur.

Salary Statistics

• Average (Overall) Salary offered: 13.84 lakhs per annum (INR)
• Highest Offer: 40.00 lakhs per annum (INR)

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Eligibility Criteria And Admission

To be eligible for the short-list, the candidate must have cleared their 10 & 12th with the minimum pass percentage as required by the candidate’s said board and must have a bachelor’s degree scoring at least 50% marks or equivalent CGPA (45% in case of candidates belonging to reserved categories of Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PwD) categories) awarded by any University or institution.

Admission

The batch Strength for the 10th MBA Batch (2020-2022) of the 2 year MBA at IIMU will be around 325.

Admission Criteria

The IIMU admission process consists of:

• The Common Admission Test (CAT) Examination
• Short-listing of candidates for the Personal Appearance (PA) process
• PA contains a Written Ability Test (WAT) and Personal Interview (PI) in which the PA process will be common to all participating IIMs of the Common Admission Process (CAP)
• Declaration of Merit List based on CAT score, WAT & PI, and Profile score as given in the following tables.

IIMU Selection Criteria for Short-listing to PA (WAT & PI) process

The cut-off percentile marks for eligibility for the PA process in IIM is dependent upon the three sections and the total CAT percentile, which is given below for different categories of students:

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Fee and Scholarships

Financial Assistance

IIM Udaipur has made attempts to ensure that no student is deprived of education at the Institute due to financial reasons. Students who have a yearly household income lower than Rs.4,50,000 are eligible to apply for financial assistance. Other students can also apply if they can demonstrate severe financial difficulties in their household.

Financial assistance is granted as tuition waivers in the IIM MBA course fees; the amount is determined depending upon the assessment of the student’s need.

Loans

Many major banks in India provide funding to cover most of the tuition and the MBA course fees for students. All the details regarding rates of interest and other loan conditions should be confirmed directly when in communication with the banks.

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Curriculum

Curriculum Design – First Year

The first year provides students with a thorough foundation in management fundamentals through compulsory core courses that cover key tools, concepts, and skills that are used in all major functional areas as well as in subjects such as business strategy and ethics, which are spread across disciplines.

IIMU has identified the following areas that are to be covered by the core courses:

• Foundation courses that focus upon building the knowledge and analytical skills that enable the understanding of business studies and its functional areas
• Functional courses that emulate the fundamentals of business and management studies to equip students to be able to understand complex and advanced concepts
• Integrative courses allow a student to understand the development and working of organizations and the problems they face, and how different functions relate to each other
• Skill Building courses that train an individual to develop a variety of skills and tools to allow better decision making and management and to continue polishing it throughout the study of such courses
• Perspective courses that integrate fundamental and functional knowledge as management professionals are expected to know how to be multi-dimensional regarding problems and solutions, which will train students for the professional world as well

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