NMIMS-SBM, Mumbai Final placement 2017: Average salary shoots up to Rs 17.58 Lakhs; records 100% placement

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MBAUniverse.com News Desk |
April 13, 2017
NMIMS School of Business Management, Mumbai has concluded the final placement 2017 with highest salary of Rs.34.11 lakhs per annum and the Average salary of Rs. 17.58 lakhs
An unprecedented number of PPIs/PPOs, best intern awards and a stellar recruitment season in Final Placement is a telling testimony to the conviction of the industry in brand NMIMS Dr Debashis Sanyal, Vice Provost (Management Education) and Dean SBM

NMIMS School of Business Management, Mumbai has concluded the final placement 2017 for its 2015-17 batch with more recruiters visiting the campus and offering higher pay packages. There are 522 students in the core MBA and 65 students in MBA-HR at SBM-NMIMS Mumbai who have been placed in various roles and profiles.

The School of Business Management at NMIMS, Mumbai has witnessed the best ever placements with marquee companies participating and offering coveted profiles across sectors to the 2015-17 Batch of MBA Core and MBA HR Students. SBM - NMIMS, Mumbai is consistently ranked among the top B-Schools in the country and the exemplary performance witnessed during the current placement season reaffirms that fact. The Final Placement saw a good combination of regular and first time recruiters who were delighted with the quality of the students and expressed satisfaction in taking part in this year’s placement season. 

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The batch diversity at NMIMS Mumbai attracted companies from a wide variety of sectors, including top PSU’s that recruited students in decent numbers. The current placement season saw a batch of 587 students being placed in 175 companies in record time. 42% of the batch received PPOs and PPIs which is a 20% increase over the previous year. The strong performance shown by the students in various national and international B- school competitions also provided them with coveted PPOs and PPIs from the top corporates across the world. Few of the students decided to pursue their entrepreneurial aspirations and hence opted out of Placements.

MBA Core: Key Placement Trends
The School of Business Management NMIMS, Mumbai offers core MBA as well as MBA in HR. Total number of students in Core MBA are 522 and the number of companies offering placement in various sectors and domains for the students remained 166.

Average & Highest Salary
The highest salary recorded at SBM-NMIMS Mumbai in Placement 2017 was Rs.34.11 lakhs per annum and the Average salary stood at Rs. 17.58 lakhs.

The average salary for the top 50 students was Rs. 26.5 lakhs and for top 120 students it was Rs.23.4 lakhs. Even at top 180 and 240 the deviation was not much as the average salary bracket for top 180 students  stood at Rs. 21.31 lakhs and for top 240 it remained at Rs.19.92 lakhs.

Sectoral placements

IT, Consulting and E Commerce: 38% batch placed
52 companies recruited 38% of the batch in this sector. The IT and Consulting sectors witnessed top companies offering sought-after profiles in Marketing, Business Development, Digital Marketing, S&M, Internet Marketing, Consulting, Advisory, GRID and Product development, Finance and Operations to the students.

World renowned technology companies such as Google, IBM, Microsoft and Wipro offered niche profiles to students. Consulting companies such as Bain Capability Center, Capgemini, Cognizant Business Consulting, Deloitte, EY, KPMG and PwC made offers in various sectors as well. E-Commerce giants such as Amazon, Paytm and Shopclues offered roles in areas of Analytics, Digital Marketing, Business Development, Client Acquisition, Sales and Marketing and Operations

BFSI: 27% batch placed
42 companies recruited 27% of the batch in BFSI sector in Placement 2017 at NMIMS. The BFSI sector witnessed prestigious companies offering coveted roles to students. Profiles such as Commercial Banking, Corporate Banking, Investment Banking, Equity Research, Corporate Treasury, Global Investment Research, Corporate Finance, Basel - RAV, Credit and Risk Assessment, Wealth Management, Securities and Investment Management Division were offered to students.

Industry leaders such as Goldman Sachs, JP Morgan, Bank of America, Credit Suisse, Nomura, Motilal Oswal, CRISIL and ICRA reiterated their faith in NMIMS Mumbai by offering multiple profiles across sectors.

Other prominent recruiters in BFSI sector were Aditya Birla, Aspiration Cleantech, Bajaj FinServ, Barclays, Birla Sunlife, Citi Group, Credit Suisse, CRISIL, DBS Bank, D E Shaw, FRR Forex, Goldman Sachs, HDFC, HSBC, ICICI Bank, ICICI Prudential, ICRA, IDBI, Indus Valley, JP Morgan Chase, Kotak Group, Motilal Oswal, Mynd Solutions, Nomura, Quest Global, RBL Bank, SBI, Yes Bank

FMCG: 14% batch placed
Fast Moving Consumer Goods, Durables and Retail sector witnessed 28 companies recruiting 14% students. A stronghold of NMIMS Mumbai, this sector saw leading brands come for placements and offered coveted profiles such as Sales and Marketing, Finance, Operations and Supply Chain Management to MBA students at NMIMS.

Regular recruiters such as Asian Paints, ITC, Marico, Dabur, HUL, L’Oreal, Givaudan, Britannia, Pidilite, Raymond and Metro Cash & Carry reaffirmed their loyalty by hiring students across divisions. Many first time recruiters such as Colgate Palmolive, BSH Group, Crompton Greaves Electricals, Amway and Safari also made their presence felt at this year’s placements by offering roles in Sales & Marketing, Finance and Operations.

Conglomerate, Pharmaceuticals, Logistics and Oil & Gas : 12% batch placed
23 companies offered placements to 12% students in diverse profile and roles in these sectors. Industry heavyweights such as General Electric, Reliance Industries Limited, Larsen & Toubro, Piramal, and Sun Pharma made offers to students across various divisions as well as offered coveted Leadership profiles. A consistent sector in placements at NMIMS, Pharmaceutical companies again made a strong mark at the current placement season by offering roles in Sales & Marketing, SCM, Finance and Operations.

Logistics companies such as FedEx, LogiNext Solutions and Writer Corporation offered profiles across various divisions. Oil & Gas sector saw top MNC’s such as Gulf Oil, Shell and Navratna companies IOCL and HPCL recruiting students in good numbers.

Manufacturing & Auto, Media and Telecom : 9% batch placed
21 recruiters offered roles in this sector and recruited 9% of the batch. Coveted profiles were offered by companies from the Manufacturing and Auto sector. The profiles offered included Operations, Strategy, Sales and Marketing and Finance.

Many world renowned companies such as 3M, Crompton Greaves Electricals , Cummins India, Gulf Oil, Hero MotoCorp, Maruti Suzuki India Ltd and Schneider Electric opened profiles to students in various specializations. The Media and Telecom sector saw a rise in the number of profiles offered to students. The profiles offered in this sector include Business Development, Financial Risk, Marketing, Research and Operations. There has been a substantial increase in the Sales and Marketing roles offered in these sectors. It is noteworthy that first time recruiters also offered niche profiles to students. Companies such as Gulf Oil, LAVA and SRF offered coveted profiles. 

MBA – HR Placement 2017
The MBA- HR program at NMIMS Mumbai has seen an exponential growth and the current placement season stands true to this testament. The USP of the MBA-HR program lies in its design and delivery of core courses, sector specific inputs, skill building workshops and a strategic partnership with the world’s largest & foremost association of HR Professionals –SHRM.

An NMIMS MBA HR student gains advantages in terms of holistic personality development opportunities. This fact has been highly appreciated by companies which visited the campus for placements.

Key placement trends
32 companies participated during the current placement season and offered HR roles in various sectors including BFSI, FMCG, Retail, Manufacturing, IT, Media and Telecom.

35 companies showed their interest in MBA-HR Placement 2017 at NMIMS, Mumbai. Out of them 32 companies participated and made offers to the batch of 65 students.

Average salary up
Average salary for MBA-HR in Placement 2017 at NMIMS witnessed a rise of 12.71%. The highest salary in placement 2017 for MBA-HR stood at Rs. 17 lakhs and Average salary also increased to Rs. 13.57 lakhs.

Top Recruiters in MBA-HR
Prominent recruiters for MBA-HR 2015-17 batch at NMIMS Mumbai are Abbott, Axis Securities, Cadila, Cerebrus, Cognizant, Cummins, DCM Sriram, Deloitte, EMA Partners, Genpact, Godrej, HCS, Honeywell, HPCL, H&R Johnson, IBM, ICICI Bank, IOCL, Larsen & Toubro, Maruti, Mindtree, PerkinELmer,  Piramal, Raymond, Reliance, Salto Dee Fe, Siemens, SNC Lavlin, Vedanta, Vito, Wipro among others.

An obviously jubilant Dr . Debashis Sanyal, Vice Provost (Management Education) & Dean,SBM-NMIMS, Mumbai said  “The industry once again has shown immense faith in the talent that NMIMS, Mumbai has to offer to the corporate world . An unprecedented number of PPIs/PPOs, best intern awards and a stellar recruitment season in Final Placement is a telling testimony to the conviction of the industry in brand NMIMS!”

School of Business Management NMIMS University, Mumbai is one of the highly ranked management institute in India. It has a legacy of 35 years and has acquired the shape of a multi-disciplinary University in Mumbai. The courses are conducted across 4 campuses at Mumbai, Shirpur, Bangalore and Hyderabad. There are 350 full time faculty members who impart education to more than 12K students of NMIMS.

Stay tuned to MBAUniverse.com for more updates on SBM-NMIMS, Mumbai