January 28^th, 2022; Udaipur:  Indian Institute of Management Udaipur concluded Campus Recruitment Program 2021-2022 for its One-Year Full-Time MBA in Digital Enterprise Management batch with 100% placement record for the second consecutive year. The Program was started in 2020 and is India’s only One-Year Full Time MBA in Digital Domain, and as such is a unique offering in the new digital world of business. A total of 128 roles were floated to the students and a total of 47 companies participated in the placement season. The Institute shared Topline findings. IIM Udaipur is only the 4^th IIM that is part of IPRS and will be sharing externally audited placement report after completion of the audit.

The premier B-school announced that the size of this year’s batch was significantly increased over the inaugural batch last year. It consists of 26 students with 3-5 years of work experience, and 11 students with 5+ years of work experience. The average work experience of the cohort is 55 months. The minimum work experience mandatory for doing the course is 3 years.

On this achievement, Prof. Janat Shah, Director, IIM Udaipur, said, “I congratulate the graduating One-Year MBA Batch in Digital Enterprise Management (DEM) for being 100% placed with sought-after roles. The increase in the batch size and the outstanding response by recruiters shows the shift in business paradigms and the rapidly-growing importance of digital learning in the management ecosystem We are happy to see our initiatives in setting up a Centre of Excellence in Digital Enterprise and the 1 year full time MBA have been so well received.”

The students bagged some of the most sought-after roles in highly relevant domains like Digital Strategy, Digital Transformation, Artificial Intelligence and Machine Learning, Digital Experience, and Cloud.

Majors Tech companies such as Accenture Technology, Cognizant, EXL, Innover Digital, Conga, and other companies in the IT Services and IT consulting domain offered sector specific roles. TransWorld Group of Companies offered international roles in Digital Marketing, Analytics, and Corporate Strategy roles.

Companies including Accenture Strategy, IBM, Cognizant, Thoucentric, TheMathCompany, and Lumiq offered both Technology and Management consulting roles. Retail and ecommerce companies like Reliance Digital and Flipkart, and enterprise analytics companies like LatentView Analytics offered analytics roles. Companies including Publicis Sapient, Digite, Accolite Digital, and Decimal Technologies offered product roles. IT Services and IT consulting majors including Thoughtworks, Mphasis, Infosys Consulting also participated in the recruitment drive

Increase in Package:

About DEM Course:

IIM Udaipur’s Digital Enterprise Management (DEM) is the first-ever One Year full-time MBA program in Digital Domain and introduces candidates with work experience to management concepts and leadership styles in the emerging digital business enterprises.

About IIM Udaipur: –

IIM Udaipur is well on its way to becoming a globally recognized B-School. It has broken new ground by focusing on world-class research and transforming students into tomorrow’s managers and leaders. The Institute arrived on the global education stage by securing accreditation from the AACSB (Association to Advance Collegiate Schools of Business) in merely eight years of its establishment. With this accreditation, IIM Udaipur is counted in the same league of global institutes such as Harvard Business School, Wharton School at the University of Pennsylvania, and the MIT Sloan School. IIMU has been listed on the Financial Times (FT) Global MIM Ranking 2020 as well as the QS Global MIM Ranking 2020, only the 4th IIM, along with IIMs Ahmedabad, Calcutta, and Bangalore, to be in the FT Global MIM Ranking and only the 7th IIM in the QS 2021 Global MIM Rankings. In both Rankings, IIM Udaipur is the youngest B-School in the world! IIMU is also currently ranked 4th in India, after ISB, IIM Ahmd and IIM Bgl, for research in management according to the methodology used by UT Dallas, which tracks publications in the leading global journals.

• Indian Institute of Management Udaipur Incubation Center announced applications for Pre-Incubation Program 2020.
• This program is sector-agnostic and is open to all students, professionals, and entrepreneurs who want to convert their idea into a venture.
• Applications open on November 24^th, 2020

November 24^th, 2020; Udaipur: Indian Institute of Management Udaipur Incubation Center (IIMUIC) announced applications for Pre-Incubation Program 2020 with the vision of transforming entrepreneurial ideas into a reality and building successful ventures. The program will run for ten weeks, starting from January 3^rd, 2021. It will provide a platform for aspiring entrepreneurs to work on their ideas.

COVID-19 has hit businesses and entrepreneurs alike and affected their ideas even before they had a chance to work on them. In such a scenario, this program of IIMUIC is aimed at empowering budding and aspiring entrepreneurs with an entrepreneurial mindset and business skills necessary to create their own venture from ground-up. Additionally, they will also develop intrapreneurship skills, and get them started on the venture journey.

On this development, Suresh Dhaka, COO, IIMU IC said, “At IIM Udaipur, entrepreneurship is one of the key building blocks. We endeavour to have a positive impact on the world of business through our curriculum efforts on entrepreneurship. We want to foster innovation and create a socially responsible impact.”

“This is not a theoretical program – you will actually start your venture and build it as you progress through this program,” she added.

Eligibility

• Working Professionals
• Entrepreneurs
• Students

Program Highlights

• Cohort based structured program
• Practical Masterclasses with Experts
• Group Mentoring Sessions
• Investor and Mentor Connect
• Certificate of Completion from IIMUIC
• Incubation Opportunity for Selected Startups
• Chance to qualify for TIDE 2.0 grant under MeitY scheme

The program structure includes generating and selecting ideas; forming and developing a team; creating and validating the business model; building and testing MVP; achieving a product-solution-market fit; raising and spending seed capital; identifying and managing partnerships; and acquiring and keeping customers, as well as scaling the business.

 Important Dates

The latest program is sector-agnostic and is supported by Amazon Web Services, Google Cloud, Wadhwani Foundation and Saksham- The Entrepreneurship Cell of IIM Udaipur. Due to the ongoing pandemic, the program will be held virtually.

For more information, visit: https://iimuic.org/pre-incubation

About IIM Udaipur

IIM Udaipur Campus

For more than fifty years, IIMs have become recognized as premier management institutions, comparable to the best in the world for teaching, research, and interaction with industry. IIMU also aims to set a new benchmark in the field of management education by combining excellence in both teaching and research.

The Institute has arrived on the global education stage by getting accreditation from the AACSB (Association to Advance Collegiate Schools of Business) in merely eight years of its establishment. With this accreditation, IIM Udaipur is now counted in the same league of global institutes like Harvard Business School, Wharton School at the University of Pennsylvania, and the MIT Sloan School. IIMU has recently been listed on the QS 2021 Masters in Management (MIM) Rankings as well as the Financial Times (FT) MIM Ranking 2020. IIMU is the youngest B-school in the world on both these rankings. According to the National Institutional Ranking Framework (NIRF) 2020, IIM Udaipur is ranked 17th amongst all B-Schools. IIMU is currently ranked 4th in India for research in the field of management according to the methodology used by UT Dallas which tracks publications in the leading global journals.

IIM U One Year MBA in Digital Enterprise Management Program Details

The MBA in Digital Enterprise Management (DEM) will cater to those executives who want to to explore new and emerging technologies and to gain an understanding of managerial concepts and functions in digital enterprises.

The DEM program will provide the participants with an opportunity to develop a working knowledge of emerging technologies and acclaimed practices as the course curriculum is prepared in consultation with the industry experts, IIMU said in a press release.

Academic Advisory Board

The Institute has set up an academic advisory board for developing this new program. The board comprises founders of successful digital companies in the country like Pranay Chuley (Quikr) and Hitesh Oberoi (Info Edge India Ltd).

Senior leaders from leading consulting companies, including Ganesan Ramachandran (Accenture) and Kamesh Mullapudi (Deloitte), are also part of the board. Other members are Nitin Bawankule (Google) and Sreejit Roy (IBM) who bring in the expertise of the technology companies. K Harishankar (Unilever) will share his expertise in digital transformational initiatives from the CPG world. Ravi Vijayaraghavan (Flipkart) with his experience in the use of analytics in solving real-life business problems as members of the advisory board.

Seeking Expertise from Industries

IIMU has entered into an MoU with several leading companies across business verticals. There are various others in the pipeline that would collaborate in the process of sharing and development of knowledge in the digital world.

For instance, IBM will give students relevant and enhanced industry exposure by virtue of its experts delivering guest lectures on leading-edge technologies, including Artificial Intelligence and Advanced Analytics, with industry use cases, as well as by providing a platform to students for short-term projects in the digital space.

IIMU has also executed MoU with the consulting firm Accenture, which advises and enables large, global companies on their digital transformational strategies; E-commerce start-up company Quikr – comprising real-estate industry (Common-Floor), blue and grey collar jobs (Baba Job) and in online sale of used items (mobile, cars and household goods); ITC Infotech – a company that works on green and brownfield projects on digital twin, Industry 4.0 and in CPG verticals.

This approach of engaging with leading organizations helps bridge the gap between academia and industry so that students get a jump start and are ready to enter the workforce with relevant experience, the release said.

IIM Udaipur Chairman Pankaj Patel said, “The way technology is changing the world, future careers are going to be quite different than what we see today. At IIM Udaipur, we don’t just want our students to prepare for this change but welcome it. The DEM program would cater to the needs of emerging digital business enterprises and the aspirants.”

The program would provide the students with a solid foundation in management fundamentals and exposes them to contemporary practices of data-driven decision making. They will get a well-rounded exposure to business management, data analytics, and emerging technologies that are in great demand in the corporate world. Students will learn from academicians and industry practitioners through case studies, simulations, frameworks and practical lab projects.

Talking about the relevance of the program, Pranay Chulet said, “Our dependency on technology is increasing. Technology has started influencing our lives in so many ways. The way we make decisions is starting to get dependent on technology. It is important that today’s managers understand that.”

Admission Process & Eligibility Criteria

The program begins in April and concludes in March of the following year. You can apply online through the IIM Udaipur website (www.iimu.ac.in).

You should have completed a minimum of 10+2 years of school education and a minimum of 3 years of university education with a bachelor’s degree or equivalent in any discipline.

You should present a valid GMAT/GRE score and proof of relevant work experience of a minimum of 36 months.

Source 1

Placement Highlights

• 100% Placement of the 18-member batch
• 100% through campus generated employment opportunities
• Highest maximum earning potential (Domestic): Rs 22.42 LPA
• Average maximum earning potential (Domestic): Rs 15.44 LPA

Average salary (Mid 80 percentile offer average) – Past 5 years

• Average maximum salary was Rs 12.1 LPA in 2014-15
• Average maximum salary was Rs 13.88 LPA in 2015-16
• Average maximum salary was Rs 14.00 LPA in 2016-17
• Average maximum salary was Rs 13.30 LPA in 2017-18
• Average maximum salary was Rs 15.44 LPA in 2018-19

Major Placement Sectors

Roles were offered across various domains like

• Analytics
• Materials Management
• Operations
• Sales and Marketing
• Supply Chain Management

Top Recruiters at IIMU PGPX 2019 Placements

Prominent recruiters included

• Cognizant
• Colortokens
• Flipkart
• Future Supply Chain Solutions
• Hiveloop logistics
• Johnson & Johnson
• Jubilant FoodWorks
• Mahindra & Mahindra
• Michelin
• P.D. Hinduja National Hospital & Medical Research Centre
• Robotic Wares
• Waaree

Domain-wise Placement Details

Sector-based Recruitment

Of the 18 students, FMCG / Retail, Information Technology, Logistics and Manufacturing recruited 4 each. E-Commerce and Healthcare took in one each.

Function-based Recruitment

Of the 18, students, 8 went into Supply Chain Management which the 15-month program offers as a dual-degree in collaboration with Purdue University’s Krannert School of Management. Sales & Marketing took in 4 and 2 each went into Analytics, Materials Management and Operations.

All 18 students found employment in India. Of them, five each were located in Bengaluru, National Capital Region (NCR) and Mumbai, two went to Chennai and one to Pune.

IIMU PGPX Class of 2019 Profile

• Number of students: 18
• Average work experience: 58 months
• Sectors represented: Manufacturing, Healthcare, Consulting, Analytics, Apparel, Industrial equipment and IT
• Educational background: Engineering, Fashion Technology, Healthcare, Management

IIM Udaipur’s summer and final placement reports are prepared according to the Indian Placement Reporting Standards (IPRS) and are audited by an external auditing agency.

Source 1, 2

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