S. P. Jain Institute of Management and Research (SPJIMR), has recently been ranked as the 16th best B-School in the Asia Pacific Region by QS Global 200 rankings. This apart, SPJIMR has regularly been ranked in the top-10 best B Schools in India.
March 10, 2014 (Newswire.com) - Bharatiya Vidya Bhavan's S. P. Jain Institute of Management and Research (SPJIMR), has recently been ranked as the 16th best B-School in the Asia Pacific Region by QS Global 200 rankings. This apart, SPJIMR has regularly been ranked in the top-10 best B Schools in India.
SPJIMR enjoys a good reputation with the industry for the high quality managers that it nurtures through a unique pedagogic approach.
This year, despite edgy markets, SPJIMR set new records and completed another successful season of placements for the PGDM Class of 2014. This year witnessed 101 companies queuing up to hire participants from the Class of 2014. The average salary increased to 17.2 lacs, a phenomenal increase over last year.
A brief compilation of vital statistics from the Placement Process for the Class of 2014 is as below:
The PGDM Class of 2014 witnessed 22.9% increase in the highest salary from Rs 24 lakh last year to Rs 29.5 lakh this time. The average salary has gone up around 6.8% to Rs 17.2 lakh even as 101 companies including 51 first-timers made 246 offers to the 228-strong batch.
51% of the Class of 2014 received Pre-Placement Offers and Pre-Placement Interviews through their Autumns Internships at top corporate houses, some of which included Amazon, Asian Paints, Axis Bank, Citibank, Colgate-Palmolive, Dell, Flipkart, GE, GSK CH, HSBC, HUL, Kraft, L'Oreal, Mahindra & Mahindra, Marico, Microsoft, P&G, TAS among others.
● 70% of the batch has offers of Rs. 15 lacs and more
● 85% of the batch has salaries of Rs.13 lacs and more
● The median salary for the batch of 228 students was 16.80 lacs
A brief on the kind of companies visiting campus this year
This year Cipla, Mahindra & Mahindra, Ranbaxy, Reliance Industries Limited and Tata Administrative Services made about 12 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. The hires are groomed to be future leaders in their respective business subsidiaries.
Consulting/ IT Consulting:
SPJIMR witnessed a splurge in the offers coming from consulting companies. 23.2% of the batch was placed in top consulting firms which included Bain Capability, Bristlecone, Capgemini, Cognizant Business Consulting, Deloitte, Ernst & Young, IBM, KPMG, PRTM Consulting, SKP Consulting, TSMG among others.
The profiles offered by the consulting bandwagon at SPJIMR included strategic consulting, operations consulting, financial advisory and IT consulting.
Downward market trends did not affect the finance batch on campus. The talented batch picked up offers from top league financial players that included Axis Bank, Avista Advisory, Franklin Templeton, Goldman Sachs, HSBC Bank, ICRA, ING Vysya Bank, Citibank, JP Morgan, JM Financials, Nielsen, Nomura, Standard Chartered, Yes Bank amongst others.
Offers were received across a plethora of functions ranging from Investment Banking, Corporate Banking, Corporate Finance, Equity Research, Credit Rating, Credit Risk, Treasury etc. The campus also saw participation from Multinational firms like Nielsen making exclusive offers for their Emerging Leaders Program.
Corporate Finance/Strategy roles were offered by Amazon, Dell, Flipkart, GE, PepsiCo and Siemens among others. 21% of the batch got offers in the Financial Services and Banking sector.
E-commerce majors Amazon, Flipkart, Interglobe, Infoedge and Makemytrip have recruited 12.7% of the batch. IT companies like Microsoft, Google and HCL Technologies offered Sales roles on campus. Corporate IT roles were offered from business giants like General Electric, Hindustan Unilever Ltd. and Dr Reddy's.
Marketing and Operations:
SPJIMR maintained its niche in FMCG hiring. This year witnessed the top FMCG companies lining up on campus to make offers to the Marketing and Operations batch. 23% of students were doled out offers by the FMCG sector.
Sales, Marketing and Supply Chain roles were made by FMCG/FMCD majors that included Asian Paints, Col-Pal, GSK CH, HCCB, HUL, Kraft, L'Oreal, Marico, P&G, PepsiCo, Philips, Reckitt Benkiser, Mars, Nivea, Samsung. Lateral hires were picked up by HUL, GSK CH etc.
Telecom roles were offered to students by Bharti Airtel and Vodafone.
Niche roles mapping across other sectors were also offered by Cipla, Cummins, Dell, Glenmark Pharma, Magma Fincorp, HT Media etc.
Procurement, Inventory and Product Life Cycle roles were offered by A-list manufacturing companies such as Cummins & Shell.