The ceremony was addressed by the chief CHO Mr. Sumit Neogi who is also the Executive Committee Member for the MEISA area of FedEx. Prof. Ashok Banerjee who is the Director of IIM Udaipur presented the valedictory remarks. The occasion also had representation from Prof. Vijayta Doshi (Dean of Programs), Prof. Amish Dugar (Chairperson of PGDBA-WE and EMBA), faculty, staff and family of the graduating students.

63 students graduated this year of which Mr. Rahatul Ashafeen won the gold medal for academic achievement.

Mr. Neogi presented five powerful stories in his presentation all from his professional and personal life. The stories highlighted lessons of leadership, humility and remaining focused on one's purpose. He stressed that respect was a function of character, not position and that one had to re-establish credibility in each new job. One of the chief messages that he presented was the '24–48 Principle' which argues that policies need to be developed out of seeing hard problems and not out of comfort.

He concluded by emphasising that leadership entails visibility, dependability and authenticity, not merely promises. Prof. Ashok Banerjee, in his valedictory address touched upon the institute's successes during the last year. These were IIM Udaipur's continued reputation in world-renowned rankings such as the Financial Times and QS Global MIM rankings and the re-accreditation of its AACSB for another six years. He also emphasised an increase in research and faculty with five papers being published in high-quality FT50 journals.

The institute has also made a pioneering move by employing a Public-Private Partnership (PPP) model in expanding its infrastructure making it the first IIM to do so.

Speaking to the graduating students, Prof. Banerjee urged them to keep learning, take risks, have sound ethics and work towards becoming job creators. He reminded them that IIM Udaipur would always remain their home and asked them to stay engaged as alumni.

About IIM Udaipur

IIM Udaipur is progressively gaining the reputation of being a globally recognised business school. Within eight years, it gained accreditation from the esteemed AACSB. It is the youngest B-school in the world to be included in the Financial Times Global MIM Ranking and the QS Global MIM Ranking where it stands as the sixth-highest IIM. On the research front, it ranks fourth in India using the UT Dallas approach which testifies to its emphasis on academic rigour.