Placements for SPJIMR’s PGDM Class of 2019 saw an increase in average compensation at 22.90 Lakh Per Annum (LPA) along with the median salary at Rs 22 lakh.
More than 72% of the batch received offers of Rs 20 LPA or above. The offers came from among 111 companies that visited the campus as part of the placement process. A total of 12 international offers were made.
- Average compensation goes up to Rs 22.90 Lakh Per Annum (LPA) along with the median salary at Rs 22 lakh LPA
- 239 students participated in the placement. More than 50% of the batch took up PPO/PPI opportunities
- 111 companies including 28 first time recruiters participated in the placement coming up with 12 International offers and 78 PPOs
- 35% of the PGDM batch picked up offers in the Consulting domain, including 12 international offers
- 5% of offers equal to or greater than Rs 25 LPA; 74.9% of offers equal to or greater than Rs 20 LPA; 21.5% of offers equal to or greater than Rs 25 LPA; 74.9% of offers equal to or greater than Rs 20 LPA; 95.1% of offers equal to or greater than Rs 16 LPA
A total of 239 students participated in the placement. More than 50% of the batch took up PPO/PPI opportunities after availing of the autumn internship opportunities with leading firms including Boston Consulting Group, Tata Administrative Services, Amazon, Hindustan Unilever, Procter & Gamble, General Mills, JM Financial and others.
The continued trend of high PPO/PPI opportunities to the PGDM batch showed the industry’s faith in SPJIMR’s unique model of autumn internships, the Institute said.
These internships take place only after the completion of the core courses in Finance, Marketing, Operations & Supply Chain and Information Management as well as advanced, specialised courses at leading universities in the US through SPJIMR’s Global Fast Track program.
It ensures that SPJIMR students are industry-ready and able to deliver on their mandate even at the internship stage, leading to many PPOs/PPIs.
Domain/Sectorwise Placement
General Management
This year, conglomerates such as Tata Administrative Services, Mahindra & Mahindra, Bajaj Finserv, American Express, Reliance and Airtel made 23 offers in several middle management positions. The roles pertain to the application of business understanding in all relevant domains and close coordination with CXOs. The hires are groomed to be future leaders in their respective business subsidiaries.
Consulting/IT consulting
SPJIMR maintained its position as preferred destination for marquee consulting firms as 35% of the PGDM batch picked up offers in the Consulting domain, including 12 international offers. Top consulting firms participating in the finals process included McKinsey & Company, Boston Consulting Group, Bain & Company, Deloitte, PwC, EY, Capgemini, Bristlecone and GEP among others. The profiles offered included strategic consulting, management consulting, supply chain consulting, financial advisory and IT consulting
E-commerce
E-Commerce saw the highest increase in roles offered compared to previous years. About 17% of the batch was placed in e-commerce firms which included regular recruiters like Amazon, Cloudtail, Flipkart, Uber, Paytm and Go-MMT. In addition, this placement season saw participation from growing companies like OYO Rooms, Lenskart and Ninjacart among others. There was an increase in the number of Product Management roles offered by these e-commerce companies. Other profiles offered by the e-commerce companies included Program Management, Digital Marketing, Supply-Chain Management, and Operations Analytics.
IT/ITES
IT companies such as Microsoft, Google, Media.net, Wipro, Infosys, and Capgemini offered sales and consulting roles on campus. IT majors made offers to 9% of the batch. Corporate IT roles were offered by companies such as Hindustan Unilever, Asian Paints, Pidilite and Mondelez.
Analytics roles were offered by giants like American Express, Barclays and Philips. Overall, a third of the batch would join IT and E-commerce companies, an indicator of a growing techno-management wave that is sweeping across industries.
The sector hired freshers, as well as those with up to three years of work experience, those with a background in start-ups and in particular, looked for gender diversity.
The average year-on-year increase in compensation for the information Management specialization exceeded 25%, reaffirming this as a key growth area.
Marketing and Operations
The institute saw participation from all the top organizations for roles spread across both Sales & Marketing, Operations & Supply Chain. About 19% of the batch was placed in leading FMGCs like Hindustan Unilever, Procter & Gamble, General Mills, L’Oreal, Asian Paints, Colgate Palmolive, Johnson & Johnson, Pidilite, Marico and Mondelez.
The sector hired freshers, as well as those with up to three years of work experience, those with a background in start-ups and in particular, looked for gender diversity.
Finance
The batch picked up offers from top league financial players that included Goldman Sachs, Citi, American Express, HSBC IB, Duff & Phelps, Bajaj Finserv, IIFL, JM Financial, DBS Bank, Barclays across a plethora of functions ranging from investment banking, corporate/retail banking, equity research and NBFC roles etc.
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Corporate finance/strategy roles were also offered by companies like Amazon, Sterlite Power, Nestle and Airtel among others.
