SPJIMR Witness 30% Jump In Participants Placed; Average Annual Salary Capped At Rs 22.24 Lakhs
Consulting Leads as SPJIMR Closes PGDM Placements in Record Time. According to SPJIMR, 35 percent of the 238 participants from the PGDM Class of 2018 were placed with top consulting firms, translating to a 30 percent increase in the consulting area over the previous batch
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SPJIMR has announced a 30 percent jump in the number of participants placed with consulting firms in the final placements process for its prestigious two-year PGDM program. The increase came alongside a rise in the annual average salary of the batch to Rs 22.24 lakh.
According to SPJIMR, 35 percent of the 238 participants from the PGDM Class of 2018 were placed with top consulting firms, translating to a 30 percent increase in the consulting area over the previous batch.
The average salary increased to Rs 22.24 lakhs, up from Rs. 20.9 lakhs the previous year. Over 92 percent of the PGDM Class of 2018 batch received offers in excess of Rs 17 lakhs. The median salary for the batch stood at Rs 21.25 lakhs, an increase from the Rs 20 lakhs reported last year. This placement season saw participation from 105 companies on campus to hire the 238 participants from the class of 2018.
More than 50 percent of the Class of 2018 received pre-placement offers and pre-placement interviews through their autumn internships at top companies, which included leading corporates like Boston Consulting Group, Tata Administrative Services, HUL, P&G, Amazon, Axis Bank, GE, AstraZeneca, among others.
This placement season saw the return of regular recruiters like TAS, BCG, Deloitte, HUL, P&G, PwC, SDC, Goldman Sachs, Airtel, DBS Bank, Amazon, Make My Trip, RB and TSMG among others.
The campus saw participation from a total of 47 new companies including the Aditya Birla Group, Accenture Tech, Alcon, AstraZeneca, Avendus Capital, Barclays, Flipkart, Google, HSBC IB, IBM, Intrigo, Metro Cash & Carry, Pidilite, Reliance Industries, Samsung India Electronics, Siemens Management Consulting, Tata Communications and Uber.
Consulting and FMCG continued to be the dominant sectors of hiring on campus. The consolidation seen in the e-commerce sector did not impact the number of offers in this space. The sector-wise break up showed Consulting in the lead at 35 percent followed by FMCG at 23 percent. The other key sectors were Banking & Investment Banking (14 per cent) and e-commerce (12 per cent).