SCMHRD MBA placement 2015-16: Average salary shoots to Rs.13.24 lpa

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MBAUniverse.com News Desk |
December 23, 2015
SCMHRD witnessed the participation of 81 premier business houses and corporates making 212 offers in this years Final Placements
Average domestic package in placement 2015-16 at SCMHRD went up to Rs.13.24 lakhs while the highest domestic package stood at Rs 22.60 lakhs

Beating the slowdown and remaining buoyant in the final placement 2015-16, the bar for average and highest compensation packages was raised at SCMHRD. SCMHRD witnessed stellar placements not only in terms of the compensation but also in the wide variety of profiles on offer.

MBA batch 2014-16 at Symbiosis Centre for Management and Human Resource Development (SCMHRD) Pune also saw an increase in number of PPO/PPIs reflecting the industry's growing faith in SCMHRD's MBA Programme and its talent pool. SCMHRD scaled new heights by placing around 90% of the batch in the placement week

81 Recruiters with 212 offers
SCMHRD witnessed the participation of 81 premier business houses and corporates making 212 offers in this year's Final Placements.

Along with traditional business houses like Aditya Birla Group, Bajaj Auto, Capgemini, Citibank , Ernst Young, Honeywell, HUL, HSBC, ITC, JPMC, L’oreal, Mahindra, Mercer, Piramal group, Philips, Pidilite, Reliance, Vodafone, Yes Bank, etc. SCMHRD also formed new associations with several major corporates like Bharti AXA General Insurance, Colgate Palmolive, Cipla, Ferrero, HT Media, Gallup Consulting, Godrej, ShopClues, Vedanta Resources among others.

47 PPOs & PPIs
20% of the MBA 2014-16 batch received Pre-Placement offers and Pre-Placement Interviews from business houses like Aditya Birla Group, Cisco, Cummins, Dell, Deloitte Consulting, Glenmark Pharma, GSK-CH, HUL, HSBC, HCL, Interglobe, Idea, JP Morgan Chase, L’oreal, Mahindra, Perfetti Van Melle, PWC, Pidilite, Tata Motors, Titan, Wipro among others.

Average & Highest compensation up
Average domestic package in placement 2015-16 at SCMHRD went up to Rs.13.24 lakhs while the highest domestic package stood at Rs 22.60 lakhs. Average for top 50 was Rs.17.71 lakhs while for top 100 it was Rs.15.60 lakhs.

Sectoral Placement
Final Placement Season 2015-16 at SCMHRD saw enthusiastic participation from varied sectors of the industry like Conglomerate, FMCG, Manufacturing, IT, E-Commerce, Consulting, BFSI, Infrastructure, Logistics, Pharmaceuticals which stands as a testimony to SCMHRD's reputation as one of the most sought after B-Schools in the country today.

MBA Human Resources
Average compensation in MBA-HR was Rs.13.37 lakhs and the profiles offered were HR Consulting, Industry Relations, Learning & Organization Development, Talent Acquisition, Compensation & Benefits, Talent & Performance Management

MBA Marketing
Average salary in the domain of MBA with Marketing specialization was Rs.13.63 lakhs and the profiles offered were Brand Management, Marketing, Sales & Distribution, Marketing Analytics among others.

MBA Finance
The average compensation package for MBA Finance remained Rs.12.38 lakhs per annum with profiles offered in Investment Banking, Corporate Banking, Credit Rating, Corporate Finance, Equity Research, Risk Management and Commercial Banking.

MBA Operations
Specialization in MBA operations attracted average salary of Rs. 13.25 lakhs per annum and the offered profiles were Supply Chain Management, Procurement and Production Management, Process Manager, Business Analyst, IT Consulting.

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. SCMHRD will also shortly be placing the IPRS CRISIL audited report on their official website.  SCMHRD, Pune has got the interim placement report for 2015-16 prepared in conformity with Indian Placement Reporting Standards (IPRS). However,  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 held on December 20, 2015. The online registration and application process at SCMHRD was closed on  December 19, 2015.

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