SPJIMR, Mumbai has concluded the final Placement 2019 for its flagship PGDM 2017-19 batch with a rise in the average salary to Rs. 22.90 lakhs from earlier Rs. 22.24 lakhs last year. 111 companies participated in SPJIMR Placements 2019 as against 105 last year. 72% of the batch received offers of INR 20 LPA and above. A total of 12 International offers were made in SPJIMR Placements 2019. More than 50% of the batch took up PPO/PPI opportunities through their autumn internship with various leading companies. 239 students participated in SPJIMR Placements 2019 and received offers from the 111 recruiters.
Not only the Placements for SPJIMR’s PGDM Class of 2019 saw an increase in the average compensation, it also saw a significant increase in the number of offers made in the fields of Consulting, E-commerce, and Start-ups. The median salary of the batch stood at INR 22 LPA.
SPJIMR Placements 2019: Highlights
|Total number of students participating in SPJIMR Placements 2019||239|
|Median Salary||INR 22 LPA|
|Average Salary||INR 22.90 LPA|
|Number of participating companies||111|
|Number of First time Recruiters||28|
|Total Number of International offers||12|
|Total Number of Pre Placement offers||78|
Key placement trends
- The average salary increased to INR 22.90 lakhs up from 22.24 lakhs the previous year.
- Over 72% of the PGDM Class of 2019 batch received offers in excess of INR 20 lakhs.
- The median salary for the batch stood at INR 22 lakhs, an increase from INR 21.35 lakhs reported last year.
- This placement season saw participation from 111 companies on campus to hire 239 participants from the class of 2019.
|Year||Average Salary (in lakhs)||Number of participating companies||Median Salary (in lakhs)|
50% Pre-placement offers from Autumn Internships
Companies offered 78 Pre-placement offers to SPJIMR students. More than 50% of the batch took up PPO/PPI opportunities through their autumn internships with leading companies such like Boston Consulting Group, Tata Administrative Services, Amazon, Hindustan Unilever, Procter & Gamble, JM Financial and others. The continued trend of high PPO/PPI opportunities to the PGDM batch 2019 showed the industry’s faith in SPJIMR’s unique model of Autumn Internships.
Global Fast Track at SPJIMR
The Global Fastrack Programme is an initiative that aims at exposing the participants to premier B-schools in the US, which enables them to develop a global perspective towards management education.
Top Recruiters at SPJIMR
SPJIMR Placements 2019 saw participation from companies such as McKinsey & Company, Boston Consulting Group, Bain & Company, Tata Administrative Services, Goldman Sachs, American Express, Hindustan Unilever, Procter & Gamble, General Mills, Amazon, Deloitte, PwC, and EY to name a few.
Domain & Sector Wise Placements 2019
General Management and Leadership Roles: 23 Offers by 6 Companies
This year, conglomerates such as Tata Administrative Services, Bajaj Finserv, American Express, Mahindra & Mahindra, 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 the CXOs.
Consulting / IT consulting: 35% Offers
SPJIMR maintained its position as preferred destination for 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 final process included McKinsey & Company, Boston Consulting Group, Bain & Company, Deloitte, PwC, EY, Bristlecone and GEP among others. The profiles offered at SPJIMR included strategic consulting, management consulting, supply chain consulting, financial advisory and IT consulting.
E-commerce: 17% Offers
E-Commerce saw the highest increase in roles offered compared to the 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, Lenskart, and Ninjacart among the others. Other profiles offered by the E-commerce companies at SPJIMR included Program Management, Digital Marketing, Supply-Chain Management, and Operations Analytics.
IT/ITES: 9% Offers
IT companies such as Microsoft, Google, Wipro, and Infosys offered sales and consulting roles on campus. Corporate IT roles were offered by companies such as Hindustan Unilever, Asian Paints, Pidilite and Mondelez. Analytics roles by industry giants like American Express, Barclays and Philips.
Marketing and Operations: 19% Offers
The institute saw participation from all the top organizations for roles spread across both Sales & Marketing, Operations and 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 batch picked up offers from top league financial players that included Goldman Sachs, Citi Bank, 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. Corporate finance/strategy roles were also offered by companies like Amazon, Sterlite Power, Nestle and Airtel among others.
SPJIMR enjoys a good reputation for the high-quality managers that it nurtures through a unique pedagogic approach in preparing socially sensitive graduates with a global mindset. S.P. Jain Institute of Management & Research (SPJIMR) Mumbai is a constituent of the Bharatiya Vidya Bhavan and is among the top ten business schools of India. SPJIMR has a sprawling 45 acre campus in the western suburbs of Andheri in Mumbai.