MBA Placement 2017: FMS, SPJIMR, JBIMS record highest average salary; IIM-A, B, C remain shy of sharing salary data

MBA placements 2017 have remained spectacular across the top MBA colleges in India with high rising average salary and more recruiters visiting the campus making placement offers with diverse roles and profiles. Leading MBA colleges namely SPJIMR Mumbai, FMS Delhi and JBIMS Mumbai have recorded highest average salary in MBA Placement 2017 among the top B-schools.

IIM A,B,C remain shy
IIM Ahmedabad, IIM Bangalore, IIM Calcutta despite concluding their final placement 2017 have remained shy of sharing salary data of Placement 2017 due to their IPRS Audit constraints and will share the placement statistics in the month of September 2017 when their Audit is done.

SPJIMR with highest average salary
Among the IIMs and other top B-schools who have published their salary date for placement 2017, SPJIMR Mumbai is the front runner with the average salary of Rs. 20.90 lakhs, closely followed by FMS Delhi with Rs.20.60 lakhs and JBIMS Mumbai with Rs.18.76 lakhs.

SPJIMR Mumbai, FMS Delhi and JBIMS Mumbai are the front runners in recording highest average salary in placement 2017. IIM Indore, IIM Kozhikode, IIM Trichy, IIM Rohtak, IMI New Delhi, SIBM Pune, although have achieved substantial increase in their average salary in placement 2017 but they have remained much behind the trio of the B-schools as they have proved that they are the best in their domain and top recruiters continue having faith in their academics and pedagogy when it comes to salary offers.

XLRI, MDI, IMT: Placement yet to conclude
Other top B-schools namely XLRI, MDI, IMT, SIMSREE, IIM Raipur, IIM Udaipur who usually complete their placements by February-March every year, are yet to conclude their Placement 2017 and therefore have not been able to report their placement salary data for placement 2017.

Key trends in Placement
SPJIMR, FMS, JBIMS have hit the jackpot in placement 2017 and are making headlines whereas many IIMs are still starving to finalize their campus placement. It appears that brand IIM is losing its charismatic magic of high and 100% placement figures as 11of the 20 IIMs are yet to be through their placement season. Ironically these are non-IIMs and other private B-schools where the placement 2017 season has not only achieved great success but has also broken past records.

Almost all the top B-schools have recorded good percentage increase in their average salary in Placement 2017 over the last year placement season. Key placement trends in these top B-schools along with the percentage increase in average salary in Placement 2017 is shared below-

SPJIMR, Mumbai: Average salary Rs.20.90 lakhs

Top Recruiters 2017: TAS, Deloitte, Accenture Strategy, Mahindra GMC, HUL, P&G, Microsoft, PwC-PRTM, Axis Bank, JM Financial, Goldman Sachs, Reckitt Benckiser, General Mills, ITC, Johnson & Johnson, GEP, Miebach Consulting, Samara Capital, Investec, DBS Bank, ICICI Prudential, MCX, Directi, HCL Infosystems, LinkedIn, SAP, DSP BlackRock, Samsung, Amway, Heinz, Siemens, Sony Music, Pernod Ricard, Texas Instruments   

Faculty of Management Studies (FMS), Delhi: Average salary Rs.20.60 lakhs

Top Recruiters 2017:  EY Consulting; Accenture Strategy; ITC, Alshaya, Asian Paints, Bajaj, Dr. Reddy’s,  Godrej, HCL,  Hindustan Unilever, Nestle, PepsiCo, Philips, RBG group, Tata Sky, Tata Steel, Wipro, Amazon, Carzonrent, Dazzlo, Flipkart, HCL, Hexaware, IBM, PayTm, ShopClues, Times Internet, Tolexo, Uber, VMock, Avendus Capital, CRISIL; Goldman Sachs; HSBC; ICICI Bank;  Kotak Mahindra Bank; RBL Bank; Reliance; RPG; Standard Chartered; Yes Bank, Aditya Birla Group, Airtel, Capgemini, Godrej, TAS, Tech Mahindra

 JBIMS, Mumbai: Average Salary Rs. 18.76 lakhs

Top Recruiters 2017: Accenture, McKinsey, Goldman Sachs, JP Morgan, ICICI Bank, Citibank, HDFC Bank, RIL, Tata Motors, Yes Bank, Kotak Mahindra Bank, Hindustan Unilever, P&G, ITC, L&T, Hinduja Group, Welspun, Maruti

Placement trends in IIMs, IMI, SIBM, XIMB
It is not only a few top B-schools who have recorded high placement trends in Placement 2017 season. Other top B-schools have also achieved high salary rise in Placement 2017.

IIM Indore: Average salary Rs.16.23 lakhs

Top Recruiters 2017: Boston Consulting Group, Cognizant, Deloitte, E&Y, Goldman Sachs, JPMorgan, Aditya Birla F&L, AkzoNobel, Dell, Google, HCL, Amazon, Apollo Pharmacy, Genpact, GMR Group, L&T, Tata Steel,

IIM Kozhikode: Average Salary Rs.17.14 lakhs

Top Recruiters 2017:  Accenture Strategy, BCG, Deloitte, EY, Goldman Sachs, JPMC, McKinsey, PwC, American Express, Axis Bank, Bank of America, Citibank, Deutsche Bank, Edelweiss, Fidelity, HSBC, Nomura, Standard Chartered, Yes Bank

IIM Rohtak: Average salary Rs.12.3 lakhs

Top Recruiters 2017: Cognizant Business Consulting, GMR,  JP Morgan Chase, ICICI Bank, Wipro, Infosys, Mindtree, Accenture,  Amazon, Tata Steel, BPCL, India Mart, JDA Software, SBI, Yes Bank

IIM Tiruchirappalli: Average salary Rs. 13.30 lakhs

Top Recruiters 2017: Accenture, BPCL, Bosch, Aditya Birla Group, Dell, Deloitte, EXL, HPCL, HDFC, L&T, Infosys, J P Morgan Chase, Cognizant, Hyundai, ICICI, JIO, Mahindra, SBI, RBS, YES Bank

International Management Institute (IMI) New Delhi: Average Salary Rs.12.54 lakhs

Top Recruiters 2017: ICICI Bank, HCL, McKinsey, Fair Trade (International), J. P. Morgan Chase, Citibank, HSBC, Deloitte, Ernst & Young, GEP, Reckitt Benckiser, Asian Paints, HUL

IMI New Delhi is the only institute that has recorded increase in average salary by narrowing the gap between Average placement package and highest placement package implying that minimum placement packages are near to average salary.

Symbiosis Institute of Business Management (SIBM) Pune: Average salary Rs. 15.02 lakhs

Top Recruiters 2017: Asian Paints, Airtel, Alkem, Deloitte, Genpact, Accenture, Capgemini, Cognizant, Infosys, Wipro

XIM Bhubaneswar: Average Salary Rs.13.18 lakhs

Top Recruiters 2017: Accenture, Aditya Birla Group, Asian Paints, BPCL, Deloitte, L'Oréal, Nestle, Bajaj Auto, Tata Steel, UHG, Maruti Suzuki, Times Group, HSIL, Idea Cellular, Vedanta PwC, Cognizant, E&Y, TCS, IBM, Axis Bank, ICICI Bank, HDFC, CRISIL, ICRA, HSBC IB, Royal Bank of Scotland, HSBC Analytics, Tata Capital, IIFL, DCB Bank, HP Enterprise, HCL Technologies, Wipro, , Capgemini, Mindtree, Mahindra Comviva, Infosys, Godrej, L&T, GMR, , GAIL, Tata Steel, HDFC, HCCBPL, ICICI Bank, CBC, Sun Pharma, Wipro.

MBA Placements in 2017 have broken all previous records and as compared to any other post graduation programme. MBA/PGDM from a good B-school has proved to be more fruitful. Not only the final placement 2017 has been completed and closed in most of the private B-schools with higher salary packages – highest, average and the minimum also, more pre-placement offers as well as the summer placements in many new B-schools have recorded higher stipend than offered earlier.

Stay tuned to MBAUniverse.com for more updates on MBA Placement 2017