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<ul><li><keyword id="63618" type="ORGANIZATION" weightage="20" keywordseo="Indian-Institute-of-Management">Indian Institute of Management</keyword>, Udaipur concluded its <keyword id="65512" type="PERSON" weightage="20" keywordseo="Summer-placements">summer placements</keyword> offering internship opportunities to 283 management students at an average stipend of ₹85,060 for two months. </li><li>Nearly 31 students bagged international offers. While the highest stipend came from an FMCG company at ₹2.5 lakh. </li><li>The highest number of offers were made for sales &amp; marketing roles followed by finance, operations, analytics, and HR.</li></ul>Indian Institute of Management Udaipur concluded its summer placements offering internship opportunities to 283 management students. The average stipend of ₹85,060 for two months is a 37% increase from last year. This includes both domestic and international internships. At <keyword id="349500" type="ORGANIZATION" weightage="20" keywordseo="IIM-Udaipur">IIM Udaipur</keyword>, 31 students bagged international offers — a massive 138% increase compared to last year. The highest stipend came from an FMCG company, at ₹2.5 lakh. “IIM Udaipur is committed to offering a transformational learning experience to our students. Our strong placement record is a demonstration of the trust that the corporates have placed in our high academic standards,” said Professor Janat Shah, director at IIM Udaipur. As many as 77 companies — including 39 first time recruiters — visited the campus this year to hire interns. This includes multinationals such as Baker Hughes, Edelweiss, Ernst &amp; Young, Gartner and the Royal Bank of Scotland. The students also bagged summer placements for investment banking roles at Goldman Sachs. The increasing demand indicates how the recruiters are now banking on internships and training to assess potential candidates. The highest number of offers were made for sales and marketing roles followed by finance, operations, analytics, and HR. Management graduates from top business schools such as Management Development Institute, Gurgaon, Tata Institute of Social Sciences (TISS), Mumbai, Indian Institute of Management (IIM), Kozhikode also saw a rise in the number of internships and average stipend as compared to last year. Management Development Institute, Gurgaon saw a 10% rise in average stipend at ₹231,000 for two-months. The stipend at IIM Kozhikode however saw a sight dip to ₹168,000 compared to 171,000 last year at. Overall, it has been a good year for India’s B-school pass outs. On domestic job roles, the highest offer extended was at ₹2.7 lakh. See also: <a href="https://www.businessinsider.in/careers/news/indias-best-minds-from-iim-ahmedabad-xlri-mdi-gurgaon-are-heading-to-consulting-firms/articleshow/74055916.cms">India’s best minds from IIM Ahmedabad, XLRI are heading to consulting firms</a> <a href="https://www.businessinsider.in/careers/news/these-are-the-starting-salaries-offered-to-b-school-students-in-india/articleshow/74168696.cms">These are the starting salaries offered to B-school students in India</a>

An IIM Udaipur student receives a summer job that pays ₹2.5 lakh

The summer placement for the <a href="http://www.businessinsider.in/searchresult.cms?query=Post+Graduate+Programme&amp;sortorder=effectivedate">Post Graduate Programme</a> has been completed in the <a href="http://www.businessinsider.in/searchresult.cms?query=Post+Graduate+Programme&amp;sortorder=effectivedate">Indian Institute of Management</a> <keyword id="42774" type="COMPANY" weightage="100" keywordseo="Udaipur">Udaipur</keyword> (<keyword id="725088" type="ORGANIZATION" weightage="20" keywordseo="IIMU">IIMU</keyword>). Among the 181 students in the batch, 157 sought placements through the institute and eight opted for the summer entrepreneurship programme offered by IIMU. 
 
The number of companies rose drastically by 9.6% over the previous year as a total of 46 companies made offers for summer internships. 
 Regular recruiters included <keyword id="114046" type="CITY" weightage="20" keywordseo="General-Electric">General Electric</keyword>, RBL Bank, <a href="http://www.businessinsider.in/searchresult.cms?query=Amul&amp;sortorder=effectivedate">Amul</a>, Xpress Money, NMC Healthcare, <a href="http://www.businessinsider.in/searchresult.cms?query=Snapdeal&amp;sortorder=effectivedate">Snapdeal</a> and <a href="http://www.businessinsider.in/searchresult.cms?query=ICICI+Bank&amp;sortorder=effectivedate">ICICI Bank</a> while 18 new companies joined the list. The average stipend offered stands at Rs 52,653 while the highest stipend offered jumped to Rs 1,60,000, a 10% rise over the previous year. 
 
Offers were made in various other domains like business analytics (11), operations (11), human resource management (7) and information technology (12).

IIM Udaipur rocked the summer placement, 157 students placed among 181

In India, there are 20 IIMs at present. In all of these institutions, the selection process consists of three stages. However, each of these IIMs follow an independent admission process. A good performance in the CAT examination is mandatory for admission to any IIM. However, the other factors considered for admission include academics, diversified interests, work experience and GD-PI-WAT performance of the candidate also play a decisive role in the admission. Here is an overview of the three stages of the admission process in IIM. Stage-1: CAT Performance Performing well in the CAT examination is the primary requisite to qualify for the IIM selection process. The candidate’s percentile score in the CAT examination will decide if he or she can hope to get into IIM at all. A high score in CAT examination is the first step of the selection process. The minimum requirement prescribed for admission to different IIMs range between 70 to 85 sectional percentile and 80 to 95 overall percentile. For example, IIM Ahmedabad needs 70 sectional and 80 overall percentile for admission while some new IIMs require 75 to 85 sectional percentile and 90 overall percentile. Thus the sectional and overall percentile requirement differs between different IIMs. Stage-2: IIM Shortlisting process Once the candidate has obtained the percentile score specified by the given IIM, the shortlisting process starts. Each of the IIMs has its own policy regarding the shortlisting in the second stage of admission process. The aspects considered for shortlisting include the CAT examination score, academics, diversity, and work experience besides some others. Stage-3: Final selection process The final selection process at the IIMs comprise of personal interview, an ability test (written) and Group Discussion (in some IIMs). Those candidates shortlisted are invited to attend the PI round in number of cities depending on the choice given by the candidate while applying for admission to the IIM during the CAT exam registration process. The PI-WAT round is given a higher weightage than the CAT score by the IIMs. The final selection of the candidate will also depend on the academic performance and diversity of the candidate. IIM Shillong and IIM Kozhikode conduct GD round on the basis of WAT. Each of the IIMs have their own independent policy of preparing the merit list considering the candidate’s performance in the final selection round, CAT scores, academic profile, diversity, work experience and gender diversity. Common Admission Process (CAP) in the new IIMs Around 10 IIMs in the country including IIM Kashipur, Raipur, Ranchi, Rohtak, Trichy, Udaipur, Bodh Gaya, Jammu, Sambalpur, and Sirmaur adopt a common admission process. This common admission process is coordinated by IIM Ranchi. The two components of the CAP coordinated by the IIM Ranchi consist of WAT and PI. All the IIMs participating in the CAP will not conduct their own independent final admission round. Instead, they will take into account the scores of the candidates in the CAP along with the performance in other individual admission components to make the final admission offer.

What is the process of Admission in IIM (Indian Institutes of Management)

IIM Ahmedabad With 18 offers, e-commerce major Amazon has been the biggest hirer during the summer placements of the Indian Institute of Management-Ahmedabad (IIM-A). Amazon made the maximum 18 offers, followed by McKinsey &amp; Company with 15 in the consulting domain and Goldman Sachs with nine among the banks.In the general management cohort, Tata Administrative Services was the largest recruiter with 10 offers. In the consumer tech area, Sprinklr made nine offers. Good offers also came in for sales and marketing, with Hindustan Unilever making seven and Procter &amp; Gamble, SC Johnson and <keyword id="10591" type="CITY" weightage="20" keywordseo="Samsung">Samsung</keyword> making six offers each. Prominent recruiters in the investment banking and markets space included Citibank, Credit Suisse, JP Morgan, Kotak IB and Standard Chartered. Banking, financial services and insurance hirers included American Express, FinIQ, Fullerton and RBL. Accenture Strategy, AT Kearney, Bain &amp; Co, Oliver Wyman and the Boston Consulting Group represented the management and niche consulting domain. 
 
IIM Nagpur 
The highest stipend offer that was bagged by a student of the Post Graduate Programme (PGP) batch was of Rs. 1.6 lakh for a duration of two months.Vijay Phate, in-charge of placement office, said, "This year, the highest and the average stipend offered saw a significant jump. The highest stipend offered was Rs1.6 lakh, and the average stipend of the batch also increased by 24% to Rs56,900." This year more than 40 recruiters from across sectors have found IIM-N students suitable for the summer internship positions, the premier institute said in a press statement. IIM-N has seen a significant increase in number of first-time recruiters, even for the second batch of PGP students, it added. 
 
IIM Amritsar 
With Ernst &amp; Young as the top recruiter, IIM Amritsar witnessed 100 per cent placement for its largest ever batch. Ernst and Young was the top recruiter followed by ICICI Lombard, Maruti Suzuki, Shopclues, Toyota, SBI, EXIM Bank, Adani, DHFL Pramerica, PayU, IFFCO, Tega, RBI, Canara Bank and Choco-Swiss. A total of 51 companies had participated in the IIM Amritsar summer placement. While the highest stipend offered is INR 1.1 lakh, the average stipend offered is INR 49780 thus marking an increase in 49.64% in the average stipend on a year-over-year basis. 
 
IIM Shillong 
The season witnessed a highest stipend of INR 2,50,000 and an average total stipend of INR 81,000, a significant jump of 17% from the previous year. A total of 184 roles were offered across various functional domains. Sales &amp; Marketing emerged as the most sought-after domain with 36% of the total offers made to the candidates. Prominent recruiters such as Mahindra GMC, Aditya Birla Group, <keyword id="6355629" type="CITY" weightage="20" keywordseo="Google">Google</keyword>, Dabur, <keyword id="6358584" type="CITY" weightage="20" keywordseo="HSBC">HSBC</keyword>, Perfetti Van Melle, ICICI Bank, Amazon, <keyword id="28721" type="CITY" weightage="20" keywordseo="Cognizant">Cognizant</keyword> Business Consulting, Titan, GSK Pharmaceuticals, TATA Steel, Fidelity Management Research and Wipro continued to show faith in the caliber of the students. The Institute also played host to an array of new and eminent recruiters this year including ITC, <keyword id="6358918" type="PERSON" weightage="20" keywordseo="Deloitte">Deloitte</keyword> S&amp;O, Kohler, Beiersdorf (Nivea), Yes Bank, Piramal Enterprises, Cummins, VMware, Aviva Life Insurance, Lava, and Metlife. Deloitte emerged as the largest recruiter in Consulting domain offering the highly coveted Strategy and Operations profile. HSBC made the maximum offers in the Finance domain while ITC, Tata Motors and Tata Steel made the highest number of offers in Sales &amp; Marketing domain. Apart from the increasing number of offers made in FMCG, Manufacturing &amp; Retail sectors, the season also saw participation of unconventional sectors such as Healthcare and Social Sector offering Strategy and Development roles. 
 
IIM Udaipur 
Of the 181 students in the batch, 157 sought placements through the Institute while 8 students opted for the summer entrepreneurship programme offered by IIMU. A total of 46 firms made offers for summer internships, an increase of 9.5% over the previous year. While regular recruiters like General Electric, RBL Bank, Amul, Xpress Money, NMC Healthcare, Snapdeal and ICICI Bank among others continued to show their faith in the potential of the students at IIMU, eighteen new firms joined the recruiters’ list. The average stipend offered stands at INR 52,653 while the highest stipend offered jumped to INR 1,60,000, a 10% rise over the previous year. The average stipend offered to the top 10 percentile increased by 5.3% over the previous year to INR 1,30,497. The average stipend offered to top 25 percentile students stands at INR 1,06,100 and for the top 50 percentile it is INR 81,366. All figures are for the entire duration of the internship. This year also witnessed a 100% increase in the number of international placements with 14 students bagging offers outside India. The average stipend for the international placements is INR 1,08,425 for the two months excluding benefits such as accommodation, travel, and flight-tickets. 
 
IIM Trichy 
The average stipend offered for the internship period was Rs. 53,030 and the highest domestic offer was Rs. 2.50 lakhs. Roles were offered across various domains like Sales &amp; Marketing, Finance, General Management, Consulting, Strategy, Operations &amp; HR. Some of the major recruiters taking part in the process were Microsoft, Dabur, World Bank, Mahindra, Accenture, Cognizant, Deloitte, Yes Bank, etc. There was an even distribution in the companies visiting from various sectors like BFSI, Consulting, Manufacturing, IT &amp; Services, FMCG, Retail, E-commerce, Supply Chain &amp; Infrastructure. The average of the top 10% offers for the domains like Sales &amp; Marketing, General Management &amp; Finance witnessed a growth in the range of 20-25% compared to the previous year. The median stipend offered to the top 10 percentile of the batch was Rs. 1.31 lakhs and that offered to the top 25 percentile of the batch was Rs. 1 lakh.

Top summer placement offers at IIMs across the country

Finally, the much awaited CAT Results are out, with 20 candidates securing 100 percentile! What's interesting this time is that all the students who scored 100 percentile marks are engineers. 
 
As per reports, this year the number of applicants rose to 2, 32,434 compared to last year's 2,18,664, as per the Indian Institute of Management, Bangalore. The exam was conducted in 138 cities across the country and the duration of the exam was of three hours. IIM Bangalore was the convener of CAT 2016. 
 The CAT entrance test, thought to be one of the toughest exam, is a gateway to admissions in <keyword id="125199" type="ORGANIZATION" weightage="20" keywordseo="Indian-Institute-of-Managements">Indian Institute of Managements</keyword> and other Business schools in the country. So, for qualifying students eyeing admissions to the Top B-schools in India, here's everything about application that you may want to know: 
 
Admission procedure: 
These are the 20 IIMs which are operational right now - IIM Ahmedabad, IIM Amritsar, IIM Bangalore, IIM Bodh Gaya, IIM Calcutta, IIM Indore, IIM Jammu, IIM Kashipur, IIM Kozhikode, IIM Lucknow, IIM Nagpur, IIM Raipur, IIM Ranchi, IIM Rohtak, IIM Sambalpur, IIM Shillong, IIM Sirmaur, IIM Tiruchirappalli, IIM Udaipur and IIM Visakhapatnam. Amongst them, IIM Calcutta is the oldest one and IIM Jammu is the youngest one. 
 
All the candidates who successfully cleared the selection process will make their way to these 20 different IIM institutes on the basis of Written Ability Test, Group Discussion followed by Personal Interviews round. However, not every IIM follows the same procedure, it also varies from institute to institute. IIMs may additionally use other factors like previous academic performance of the candidates, relevant work experience and other similar inputs in short listing and ranking of candidates at various stages of the admission process. It is best for candidates to refer to the admission policies of IIMs from their respective websites. 
 
Here's a list of PG programmes in various IIMs: 
IIM Ahmedabad: PGP, PGP-FABM 
IIM Amritsar: PGP 
IIM Bangalore: PGP, PGPEM, PGPPM 
IIM Bodh Gaya: PGP 
IIM Calcutta: PGP-PGDM 
IIM Indore: PGP (Indore, Mumbai), EPGP 
IIM Jammu: PGP 
IIM Kashipur: PGP, EPGPM 
IIM Kozhikode: PGP 
IIM Lucknow: PGP, PGP-ABM, PGPSM 
IIM Nagpur: PGP 
IIM Raipur: PGP, PGPWE 
IIM Ranchi: PGDM, PGDHRM 
IIM Rohtak: PGP, EPGP 
IIM Sambalpur: PGP 
RGIIM Shillong: PGP, PGPEX 
IIM Sirmaur: PGP 
IIM Tiruchirappalli: PGP, PGPBM 
IIM Udaipur: PGP 
IIM Visakhapatnam: PGP 
 
Eligibility verification: 
If a candidate is shortlisted for interviews or selected for a program by any IIM, he/she must comply with the eligibility verification by presenting Marksheets, Degree Certificates and Certificates to prove the reservation/disability category, if there are any. 
 
The candidates in the Final Year of Graduation have to show an original certificate from the Principal/Registrar/Director of the university/institution certifying that the candidate has obtained 50% marks or equivalent (45% in case of the candidates belonging to SC, ST, and PWD category) based on latest available grades/marks.

CAT Results are out! Here's what you need to do next to get admission to your desired IIM College

Brush your skills and prepare yourself for the interview as consulting firms such as <a href="http://www.businessinsider.in/searchresult.cms?query=EY">EY</a>, <keyword id="6358918" type="PERSON" weightage="20" keywordseo="Deloitte">Deloitte</keyword>, <a href="http://www.businessinsider.in/searchresult.cms?query=cognizant">Cognizant</a>, etc are shopping for talent and they might come to your campus as well. 
 
The consulting firms are going to more Indian Institutes of Management to <a href="http://www.businessinsider.in/searchresult.cms?query=hiring">hire</a> fresh MBA graduates as initiatives like <a href="http://www.businessinsider.in/searchresult.cms?query=digital+India">Digital India</a> are driving demand for management services. 
 
These firms are approaching IIMs at Kashipur, Trichy, Udaipur, Rohtak and Shillong, looking for talent in financial services, technology and consumer goods. 
 This time, the <keyword id="3276809" type="UNKNOWN" weightage="20" keywordseo="big-consultancies">big consultancies</keyword> are looking for talent apart from IIM Ahemdabad, Bengaluru and Kolkata. 
 EY, Deloitte, <keyword id="28721" type="CITY" weightage="20" keywordseo="Cognizant">Cognizant</keyword> and The Boston Consulting Group said they hired more <a href="http://www.businessinsider.in/searchresult.cms?query=mbas">MBAs</a> offering 30% higher salaries. 
 "Clients are fairly positive about campaigns such as Make in India, <keyword id="1929810" type="UNKNOWN" weightage="20" keywordseo="Digital-India">Digital India</keyword>, etc. The outlook for growth is quite positive and all this is translating into a rise in hiring numbers this year," Sandeep Kohli, national director for HR at EY, told ET. 
 
Sandy Gopalan, vice-president for consulting at Cognizant, told ET that more focus on digital is giving way to more hiring. 
 
"We are in the midst of a once-in-a-decade shift in the technology landscape. While continuing to drive down costs in core operations, clients are also shifting towards digital in order to remain competitive. This trend is creating significant opportunities for B-school graduates," said Gopalan. 
 
Typically, biggies pay between Rs 20 and Rs 30 lakh annual package to B-school talent at the entry level. 
 
IIM-Rohtak, which was founded in 2010, saw the sharpest jump in offers from the consulting space. 
 
(Image: Thinkstock)

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An IIM Udaipur student receives a summer job that pays ₹2.5 lakh

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IIM Udaipur rocked the summer placement, 157 students placed among 181

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BI India Bureau

Top summer placement offers at IIMs across the country

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EY, Deloitte, Cognizant are coming for you

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