The average salary increased by 25% to Rs. 13.78 lakhs per annum with the highest domestic offer of Rs. 20 lakhs and highest foreign offer of USD 70,000.
The process ended with the participants being offered their profiles in large Indian and foreign firms. Companies in sectors like Consultancy, Banking, IT, Investment Banking, FMCG, Private Equity, Manufacturing, Healthcare & Pharmaceuticals, Telecom, Media lined-up to pick up SPJIMR graduates.
Companies participating in the process for the first time included McKinsey Corporate Finance, Bharti Group, Cummins, Ranbaxy, M&M Corporate Strategy Group, Principal AMC, Barclays, Aricent, J&J Pharma, ING IM, Swiss Re, GE Healthcare, Suzlon, GSK Pharma, Tata Capital, Reliance Group, Virgin Mobile, Heinz and many others.
The consulting bandwagon was led by McKinsey Consulting who recruited 2 students from SPJIMR. This was out of total 5 students recruited on their Batch Day. Other consulting companies on campus included Accenture Business Consulting, TSMG, PWC (Performance Improvement Team), E&Y (Business Advisory Services), Deloitte and others.
This placement season also saw I-banks like JM Financial, Enam, Deutsche Equities, banks like Barclays, ABN-AMRO, HSBC, Standard Chartered and financial institutions like GE Commercial Finance, IDFC, SEBI recruiting candidates. Marketing profiles were offered across various sectors in companies like P&G, HUL, Marico, Cadburys, Nestle, Intel, Microsoft, J&J, Motorola, HT Media, and many others.
General Management profiles were offered by Tata Administrative Services, Aditya Birla Group, Reliance Group. The operations domain saw companies like GSK, Cummins, Miebach Consulting, ITW, ECS, Bristlecone among many others. IT companies like Capgemini, CTS, Wipro, HCL Technologies, IBM, Oracle among others offered plush IT consulting, business development and other exciting profiles.
More than 50% of the batch had pre-placement offers and pre placement interviews from the Autumns Internships which was done in companies like P&G, HUL, Citibank, Sabre Capital, Edelweiss, Pentland Brands (London), Development Bank of Singapore, etc.
Says SPJIMR, "The placement process saw an average of two offers of more than Rs. 10 lakhs for each student. Along with the compensation packages offered, companies also carved out roles specifically to meet the interests of the participants."
Happy with the results achieved, SPJIMR says, "The placement process was a fitting end to the PGDBM programme which aims at promoting an inquiring and analytical mind, which proactively seeks the right knowledge, acquires the appropriate skills and promotes the right attitude to develop capabilities needed to manage enterprises in the twenty-first century."
