JBIMS Mumbai has announced the successful completion of its Summer Placements 2018. JBIMS Summer Placements 2018 witnessed the highest stipend of whopping INR 5.50 Lakh fo 2 months and the average stipend of INR 1.89 Lakh for the summer internship period of 2 months. In this article we bring to you the detailed report on JBIMS Summer Placements 2018.
JBIMS Summer Placements 2018
Key Highlights of JBIMS Summer Placements 2018:
|Number of Companies visited||52|
|Highest Stipend||INR 5.50 lakh|
|Average Stipend of entire batch||INR 1.89 lakh|
|Average Stipend of top 10%||INR 3.24 lakh|
|Average Stipend of top 30%||INR 2.80 lakh|
Consulting domain saw a rise in the number of companies for the process as well as the number of students recruited. 16% of the batch was hired by the consulting sector companies. Recruiters such as Accenture Strategy, Deloitte USI and McKinsey & Co. offered enticing roles providing an excellent opportunity to the students to work with premier consulting firms.
BFSI & IB sector was the biggest recruiter with about 30% of the batch bagging lucrative roles such as Investment Banking, Corporate Banking, Commercial Banking, Equity Research, Securities, Retail Banking. Top recruiters in this sector were Aditya Birla Capital Limited, Axis Bank, Bajaj Finserv, Barclays, Citibank, Development Bank of Singapore, Goldman Sachs, HSBC, ICICI Bank, J.P. Morgan, Nomura, Piramal Finance, and Yes Bank among others.
FMCG and Pharmaceutical companies such as Abbott, Castrol, GSK Pharma, Hindustan Unilever Limited, Pernod Ricard and Raymond offered attractive roles in Sales & Marketing, Corporate Finance and Product Management. The Manufacturing and Conglomerate sectors witnessed participation from top recruiters such as JSW, Reliance Industries, Saint Gobain, TAS, Tata Motors, Tata Steel, Titan, Ultratech and Welspun.
The technology sector firms offered varied roles in General Management, Strategy, Finance and Operations. Renowned companies in this sector such as ACT Fibernet, Capgemini, Mahindra Comviva, Pepperfry.com, TCS and Wipro were a part of the placement process.
Dr. Kavita Laghate, Director at JBIMS said, “JBIMS has represented a legacy of academic rigor and excellence that has withstood the test of time. It is a source of immense pride for us to see the current batch exceed expectations and uphold the commitment to excellence that JBIMS has come to represent over its rich history. Our legacy recruiters and first-time recruiters have helped us achieve stellar results this placement season and we are proud to have built such strong ties with these prestigious organizations. The diversity of our talent pool and evolving academic curriculum continue to uphold the faith placed in us by eminent organizations across domains.”
Sagar Rathi, a Placement Committee member said, “We take immense pride in announcing the successful result of the Summer Placement season for the batch of 2020. We express sincere gratitude to our recruiters for keeping their faith in the capabilities of the students at JBIMS. The campus has seen an overwhelming increase in the participation of some of the most coveted organizations across the country making lucrative offers. The team would like to convey its heartfelt thanks to the faculty and global alumni base of the Institute for their ceaseless support and assistance. The success of the placement season is purely because of the valuable support and collaboration of each and every student of the institute.”