Final placements for the PGDM Class of 2016 at Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management and Research (SPJIMR) saw a 25% rise in highest salary to Rs 37 lakh per annum.
The average salary increased to Rs. 19.3 lakh from Rs. 18.2 lakh last year. As many as 82% of the students received offers of Rs. 15 lakh or more, with a median salary of Rs. 17.38 lakh.
During the placements, 89 companies turned up with offers from diverse fields for the 226 graduates. Apart from regular recruiters like TAS, BCG, Deloitte, Accenture Strategy, Mahindra GMC, HUL, P&G, Microsoft, PwC-PRTM, Axis Bank and JM Financial, 26 newcomers including Avendus Capital, Diamond PwC, Paytm, Cloudtail, Astrazeneca, IndusInd Bank and Microland participated.
Consulting and FMCG firms once again were in the forefront. Top Consulting firms mopped up 28% of the class, a whopping 65% increase over the previous year. Major recruiters included the Boston Consulting Group, Cognizant Business Consulting, Deloitte, IBM, PwC, KPMG, PRTM Consulting, TSMG and Avalon Consulting. The profiles offered included strategic consulting, operations consulting, financial advisory and IT consulting.
FMCG claimed 23% of the grads. Sales, Marketing and Supply Chain roles were offered by Asian Paints, Col-Pal, GSK CH, HUL, Mondelez, Marico, and Nivea. Telecom roles were offered by Bharti Airtel and Vodafone.
However, offers from e-commerce firms saw a decline of 61%, attributed to a consolidation phase in the sector. About 10% of the batch got placements in here. The firms included Amazon, Cloudtail, Paytm, and CarDekho among others. The profiles offered were in category management, product management, online and offline marketing, business process excellence, operations and business analytics.
Pre-Placement Offers were made to 45% of the Class following autumn internships at top corporate houses, some of which included Amazon, Asian Paints, Axis Bank, Colgate-Palmolive, GE, HSBC, HUL, Mondelez, P&G and TAS. among others.
In General Management, conglomerates like Mahindra & Mahindra, Reliance Industries Limited and Tata Administrative Services made about 15 offers in several middle management positions. The roles pertain to application of business understanding in all relevant domains and also entail close co-ordination with CXOs.
ALSO READ: MBA Programs Move To Socially Responsible Investment Sector
About 9% of the batch got offers in the Financial Services and Banking sector. The Class got offers from top league financial players that included Axis Bank, Standard Chartered, HSBC Bank, Citibank, JM Financials, Yes Bank amongst others. Functions ranged from Investment Banking, Corporate Banking to Corporate Finance, International Banking and Capital Markets. Corporate Finance/Strategy roles were offered by Mondelez, Godrej, GE and Vodafone among others.
IT companies such as Microsoft, IBM, Microland, Hexaware Technologies and HCL Technologies offered sales and consulting roles on campus. 10% of the batch received offers from IT majors. Corporate IT roles were offered from companies such as General Electric, Hindustan Unilever Ltd. and Marico.
