In 2023, Indian Institute of Management Udaipur reported a median package of ₹18.53L and an average of ₹20.1L (MEP basis), with the highest offer at ₹46.77L across 77 recruiters — from Two Year MBA - Final Placement Report - 2021-23, audited by Sorab S. Engineer & Co.. Nothing estimated · IPRS Rev 2.2; audited (Sorab S. Engineer & Co.); older BS/AGCC/OTC/TGCP/MEP taxonomy; headline & comparable on MEP, Domestic.
TGCC is the audited fixed floor; MEP adds the maximum variable/bonus and is the number most schools quote as "CTC". We show both so nothing is oversold.
Every salary head the report discloses, in ₹ lakh — nothing estimated, undisclosed cells show “—”.
| Component | Min | Median | Mean | Max |
|---|---|---|---|---|
Fixed | ₹2.1L | ₹5.6L | ₹5.72L | ₹21.25L |
Avg guaranteed cash | ₹0.28L | ₹8.32L | ₹8.39L | ₹18.12L |
One-time cash Joining / one-time bonuses | ₹0.35L | ₹2.5L | ₹2.86L | ₹7.3L |
Total guaranteed cash Fixed cash + one-time — the audited floor | ₹9.05L | ₹15.47L | ₹16.56L | ₹38.3L |
Max earning potential Ceiling incl. variable, ESOPs, all components | ₹12.63L | ₹18.53L | ₹20.1L | ₹46.77L |
Offers by sector, with median pay on the guaranteed and max-earning bases.
| Function | Offers | Median (guaranteed) | Median (max-earning) |
|---|---|---|---|
| Banking, Financial Services and Insurance (BFSI) | 123 | ₹8.38L | ₹18.53L |
| Consulting | 60 | ₹8.94L | ₹23.26L |
| Information technology/ITES | 46 | ₹8.05L | ₹19.39L |
| FMCG/Retail | 27 | ₹8.23L | ₹15.45L |
| Manufacturing/Engineering/Energy | 24 | ₹9.27L | ₹17.5L |
| Others | 6 | ₹9.78L | ₹21.5L |
| E-Commerce | 5 | ₹0.28L | ₹18.65L |
| Education | 5 | ₹5.48L | ₹14.63L |
| Pharmaceutical/Health Care | 3 | ₹6.39L | ₹16L |
| PSU | 2 | ₹5.52L | ₹16.47L |
Offers by job function, with median pay on both bases.
| Function | Offers | Median (guaranteed) | Median (max-earning) |
|---|---|---|---|
| Sales & Marketing & Business Development | 67 | ₹9.22L | ₹18L |
| Consulting/Strategy | 66 | ₹8.81L | ₹19.5L |
| Finance | 55 | ₹8.1L | ₹18.53L |
| General Management | 38 | ₹7.69L | ₹17.5L |
| Analytics | 17 | ₹7.9L | ₹18.5L |
| Product Management | 17 | ₹6.98L | ₹18.65L |
| Project Management | 13 | ₹6.5L | ₹20.41L |
| Operations/Supply Chain Management (SCM) | 10 | ₹8.32L | ₹15.56L |
| Information Technology | 9 | ₹9.11L | ₹19.5L |
| Research | 7 | ₹10.13L | ₹24.37L |
| Human Resource Management | 2 | ₹7.06L | ₹16.25L |
Composition as disclosed in the report.
Figures from Indian Institute of Management Udaipur's official 2023 placement report (third-party audited). Undisclosed values show "—".