SCMHRD MBA summer placement 2015: 40% rise in average stipend; highest goes up to INR 240000

Add Review

admin
Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on December 8, 2015
SCMHRD MBA batch 2015-17 has got 40% rise in stipend in summer placement while the highest stipend has gone up to Rs.240,000
More than 65 companies participated in the summer placement process and the top 50 Average saw a rise of 40%

MBA batch 2015-17 at Symbiosis Centre for Management and Human Resource Development (SCMHRD) Pune has achieved great summer placement with 40% rise in average stipend and the highest stipend going up to Rs.240,000/-. According to SCMHRDThe adept and small batch of 230 students acquitted themselves exemplarily before the impressive line-up of recruiting stalwarts this year.’

Contrary to the popular perception of SCMHRD as just an HR B School, the Marketing, Finance and Operations specializations as well received offers from coveted companies such as Goldman Sachs, JP Morgan, Morgan Stanley, L’oreal, P&G, HUL, ITC, Philips, Aditya Birla Group, Mahindra & Mahindra, Reliance, Marico, GSK CH, Perfetti Van Melle, Maersk, Pidilite and Honeywell among others that recruited on campus.

Like each year, the HR specialization upheld its prestigious placement legacy by bagging the highest stipend of INR 2,40,000 during Summers.

Releasing the unaudited summer placement report for the MBA batch 2015-17 SCMHRD has shared that 34% of the batch got placed in HR followed by 28% in Marketing and 20% in Finance. Infrastructure and Operations recruited the 10 and 8% of the batch respectively.

Summer Placement highlights

-- More than 65 companies participated in the summer placement process and the top 50 Average saw a rise of 40% with Rs.142000/- stipend.  The highest stipend has gone up to Rs. 2,40,000.
-- Domain wise highest summer placement offers remained as follows- HR: Rs.240,000; Marketing- Rs.160,000; Finance-Rs.200,000 and Operations Rs. 130,000.
-- First time recruiters like General Electric, Colgate Palmolive, DBS (Development Bank of Singapore), Henkel and Castrol are testimony to the faith reposed by the corporates in the mettle of management professionals
-- Goldman Sachs, JP Morgan, ITC, HUL, P&G, Philips, GE, L’oreal, Colgate Palmolive, Mahindra and Mahindra, Reliance, Vodafone, Perfetti Van Melle and Pidilite together made a whopping 48 offers.
-- The start-up culture which is gathering steam in the business sphere was reflected by the offers made by Zostel, Momoe and Shaadi.com.
-- 80% of the batch was placed within the placement week.
-- More than 50 students were placed on Day 0 which witnessed participation from 18 companies.

SCMHRD, Pune got the summer internship placement report for 2015-17 batch prepared in conformance with Indian Placement Reporting Standards (IPRS), the audited report is awaited. IPRS is an initiative to bring more transparency in the placement data reported by the B-schools which will bring more credibility in the rankings of the B-schools and help aspirants, recruiters as well as other stakeholders take informed decisions.

Established in 1993, SCMHRD is situated in Pune. In 2006, SCMHRD came under the ambit of Symbiosis International University and started to offer an MBA degree. The institute is now well known for imparting management education in all the fields like HR, finance, marketing and  operations. Admission in MBA 2016-18 at SCMHRD is through SNAP 2015 test going to be held on December 20, 2015. The online registration and application process at SCMHRD is open till December 19, 2015.

Stay tuned to MBAUniverse.com for more updates on SCMHRD, Pune