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UPES Average Package MBA 2024 – Salary Trends, Specializations & Recruiters

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Reshmi Das
Reshmi Das
UPES Average Package MBA 2024 – Salary Trends, Specializations & Recruiters

Introduction – UPES average package MBA

University of Petroleum and Energy Studies(UPES) in Dehradun has made a niche for itself among India's private B‑schools by providing industry-relevant MBA programmes in Energy, Digital Business, Analytics, and International Business. Prospects increasingly value UPES for its domain‑specific curriculum, corporate immersion, and sectoral tie‑ups that reflect strong placement figures.

The2024 placement season at UPES marked a significant milestone, showcasing the institute's rising stature in the B-school landscape. The average MBA package surged to₹15.7 LPA, a staggering94% jump from the previous year while the highest offer touched an impressive ₹29 LPA.

The top10% of students averaged around ₹18 LPA, reflecting the premium roles secured by the best-performing candidates. With a strong placement rate of98%, over 320 MBA students landed job offers from more than220 leading recruiters, including names like KPMG, Amazon, Adani, Deloitte, Schlumberger, and Accenture.

UPES Dehradun MBA Placement Overview 2024

Here is an overview of UPES Dehradun MBA Placement 2024:

Placement Metric

Details (Class of 2024)

Highest Package (MBA)

₹ 29 LPA

Average Package (MBA)

₹ 15.7 LPA

Median Package

₹ 8 LPA (Top 10 %: ₹ 18 LPA)

Placement Rate

98 % approx. (320 MBA students placed)

Total Recruiters

220+ (KPMG, Amazon, Adani, Deloitte, Schlumberger, Accenture, etc.)

Year-wise UPES MBA Average Package Trend

UPES has more than doubled its average MBA CTC in just three cycles, led by marquee energy, consulting, and digital-business recruiters. Here is the Year-wise UPES MBA Average Package Trend:

Year

Average Package (₹ LPA)

2024

15.7

2023

8.12

2022

7.69

2021

7.78

The year-wise UPES placement for MBA reveals a sharp rise in average salary packages, climbing from₹7.78 LPA in 2021 to ₹15.7 LPA in 2024. This impressive growth highlights the strength of UPES placements, driven by high-demand sectors like energy, consulting, and digital business.

UPES MBA – Specialization-wise Salary(Placements 2024)

MBA Specialization

Avg. Package (₹ LPA)

Highest Package (₹ LPA)

Key Recruiters / Notes

Energy Trading

8 – 9

29

ONGC, Adani, Shell – initiating CTCs in ₹6 – 30 L range

Oil & Gas Management

7.8

30

ExxonMobil, Halliburton, Deloitte – salary band ₹6 – 30 LPA

Logistics & SCM

5.1

8.56

JSW, Abrao, Flipkart – consistent demand despite lower entry CTCs

International Business

7.7

29

Accenture, Berger, TCS – 94% batch placed

Marketing / Finance

10.2

13

MX Player, Barclays, HUL – digital marketing & BFSI sector drives premium hiring

Business Analytics

7.7

29

KPMG, Amazon, Bain & Co. – analytics positions pushing top-tier compensation

Energy Trading numbers are taken from UPES's Oil & Gas specialization pages; the placement cell reports a 6‑30 LPA band and describes it as a range, not a mean. All averages are rounded to the nearest ₹ 0.1 LPA.

What makes the numbers tick?

  • Sector Participant curriculum: UPES was an early adopter in Oil & Gas and Energy Trading, gaining its core-sector giants as anchor partners.
  • Corporate partnerships (KPMG, IBM, Adani): Collaborative projects translate into PPOs, pushing the median up.
  • Dehradun cost advantage: lesser fee ( ₹ 15 L total) compared to metros improves ROI perceptions, expanding the applicant pool.

Top Recruiters for UPES MBA Graduates 2024

UPES draws a diverse range of domain-specific and Fortune 500 recruiters due to its specialized MBA programs. The following are some of the top companies recruiting UPES MBA students in 2024:

Recruiter

Sector

Accenture

Consulting / Tech

Deloitte

Audit & Consulting

Adani

Energy & Infrastructure

Schlumberger

Oil & Gas

Infosys / TCS

IT & Business Solutions

KPMG

Strategy & Analytics

Vedantu / Byju's

EdTech / Sales

Amazon

E-commerce & Analytics

JSW Group

Supply Chain / Core

IBM

AI & Business Analytics

Berger Paints

FMCG & International Business

Note: Organizations such as KPMG and Schlumberger also regularly provide the best-paying jobs for specializations such as Business Analytics and Oil & Gas respectively.

Sector-Wise MBA Placement Breakdown at UPES (2024)

Here is a glimpse of average CTC trends in major recruiting sectors at UPES for 2024:

Sector

Avg. CTC Range (₹ LPA)

Consulting & Strategy

₹10.0 – ₹14.0

Energy & Oil

₹7.5 – ₹13.5

Supply Chain & Logistics

₹5.0 – ₹8.0

Analytics / IT Services

₹7.0 – ₹12.0

Marketing & Sales

₹6.5 – ₹10.5

Energy, analytics, and consulting sectors continue to provide the most stable and lucrative offers. Sales-driven and EdTech roles might have greater fluctuation in CTC depending on performance-based pay.

Internship Opportunities for UPES MBA Students

Internship opportunities at UPES play a vital role in strengthening the overall MBA placement outcomes. The university places a strong emphasis on industry-linked summer projects that not only provide hands-on experience but also act as a gateway to pre-placement offers (PPOs). In 2024, 18–22% of MBA students at UPES secured PPOs through their internships, showcasing the program’s practical value and recruiter confidence.

Key highlights of UPES MBA internship opportunities include:

  • Average stipend (2 months): ₹18,000 – ₹22,000
  • Highest internship stipend: ₹50,000 per month
  • Top PPO recruiters: Schlumberger, KPMG, Amazon, Accenture, and TCS Digital

These figures underline how internships directly feed into strong UPES placement results, especially in high-growth sectors like consulting, analytics, and energy.

ROI – Is UPES MBA Worth It?

Return on investment (ROI) is the average placement package divided by the total course fee. Following is a breakdown of well-liked UPES MBA streams:

Program

Total Fee (₹)

Avg. Package (₹ LPA)

ROI (CTC/Fee Ratio)

MBA (General)

₹15.5 lakh

₹8.12

0.52x

MBA (Oil & Gas Mgmt.)

₹15.5 lakh

₹9.5 – 10.2

0.65x – 0.70x

MBA (Business Analytics)

₹15.5 lakh

₹7.7

0.50x

When it comes to return on investment, UPES placement outcomes offer competitive value across its MBA programs. With a total fee of ₹15.5 lakh, the General MBA delivers an average package of₹8.12 LPA, offering an ROI of 0.52x. Specialized programs like MBA in Oil & Gas Management offer even better returns, with average salaries ranging from₹9.5 to ₹10.2 LPA and an ROI of up to 0.70x. Even the in-demand Business Analytics stream maintains a solid ROI of 0.50x, reflecting how UPES placements are aligning well with industry-driven career outcomes.

Conclusion

The UPES average package MBA keenly walks the fine line of mass accessibility of mid-level offers and niche-professional high-paying opportunities. UPES offers a strong placement network, in-flight industry partnerships, and sectoral focus MBA streams with which it is steadily transforming into a sectoral giant for industry-aligned MBA education. Though overall ROI for government-sponsored B-schools is likely to be inferior, recruiter quality, depth of specialization, and high placement consistency put UPES high on the priority list, especially for candidates seeking Energy, Analytics, or Strategy Consulting careers.

Frequently Asked Questions

What is the average package of an MBA at UPES in 2024?

The 2023-24 placement report reveals a total average MBA package of ₹7.69 LPA, the top 10% averaging about ₹18.06 LPA, and a highest offer of ₹30 LPA.

What is the best placement MBA specialisation at UPES?

Specializations such as Energy/Oil & Gas, Business Analytics, and Strategy & Consulting have the best packages (₹29–30 LPA). Consulting positions (Accenture, KPMG, etc.) generally provide ₹10–14 LPA average, and analytics and energy positions are also high-scoring ones making them a high-profile choice.

Is UPES good for MBA placements?

Yes, UPES maintains a 98-100% placement rate for the MBA batch with top-notch recruiters such as Schlumberger, Deloitte, Amazon, KPMG, and Accenture. Although the average ₹7-8 LPA appears modest, niche profiles have significantly higher packages, and close to 40% of the recruiters come for MBA placements.

Are MBA students in UPES offered international jobs?

Foreign placements are not many foreign placements. While UPES places its students in foreign partner universities for one year, campus placements based abroad are few in number, with native recruiters dominating most of the placements.

What is the percentage of students who get Pre‑Placement Offers (PPOs)?

About 18-22% of MBA students get PPOs during their summer internships, especially from companies such as Schlumberger, Accenture, and Infosys.

What is the average stipend offered for internships to MBA students?

Students usually get ₹18,000-22,000 per month, with the highest stipends for internships going up to ₹50,000.

Is there a strong industry tie‑up for niche MBA programmes?

Specialisations like Business Analytics and Strategy & Consulting are tied in with KPMG collaborations, while Oil & Gas Management has strong links with companies such as ExxonMobil and Schlumberger, enhancing both learning and placement opportunities.

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