SPJIMR’s PGDM Class of 2019 managed to get an average salary of Rs 22.90 Lakh per annum (LPA) and a median salary of Rs 22 LPA during the just concluded final placements.
A total of 111 companies, including 28 first time recruiters offered roles in a wide range of sectors and domains for the 239 students who took part in the placements. Pre-placement (PPI) offers numbered 78. The students also received 12 international offers.
SPJIMR PGDM Placement Sees Average Salary at Rs 22.90 LPA, Median Salary at Rs 22 LPA | Sector-wise Placement | Autumn Internship
SPJIMR PGDM Placement Highlights
- 5% offers were equal to or greater than Rs 25 LPA
- 74% offers were equal to or greater than Rs 20 LPA
- 1% offers were equal to or greater than Rs 16 LPA
- More than 72% of the batch received offers of Rs 20 LPA or above
SPJIMR PGPDM Sector-wise Placement
Consulting
The school maintained its position as a preferred destination for marquee consulting firms with 35% of the batch accepting 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, the placement season saw participation from growing companies like OYO Rooms, Lenskart and Ninjacart among others.
SPJIMR developed a new niche with a start 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.
General Management and Leadership Roles
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.
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 and ICICI Bank among others.
Offers were received across a plethora of functions ranging from investment banking, corporate/retail banking, equity research and NBFC roles, etc. Corporate finance/strategy roles were also offered by companies like Amazon, Sterlite Power, Nestle and Airtel among others.
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 and Barclays and Philips.
Overall, a third of the batch would join It and E-commerce companies. The average year-on-year increase in compensation for the Information Management specialization exceeded 21%.
Marketing and Operations
The students were offered roles in Sales & Marketing and Operations & Supply Chain. About 19% of the batch got jobs with FMCG companies including Hindustan Unilever, Procter & Gamble, General Mills, L’Oreal, Asian Paints, Colgate Palmolive, Johnson & Johnson, Pidilite, Marico and Mondelez.
SPJIMR PGDM Autumn Internship
Instead of summer internships, SPJIMR sends PGDM students for internships with top companies at the end of the third semester (Autumn/Fall).
This year, 47 recruiters including 12 new ones participated in the autumn internship. The average stipend offer was Rs 1,99,000 and maximum stipend Rs 3,00,000. More than 50% of the batch took up PPO/PPI opportunities through their autumn internship.
The companies included the Boston Consulting Group, Tata Administrative Services, amazon, Hindustan Unilever, Procter & Gamble, General Mills and JM Financial.
Source 1
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