Placement 2013: Average package at JBIMS goes up to Rs 15.32 lakh

Add Review News Desk |
April 12, 2013
JBIMS has concluded Final Placement 2013 with top companies hiring the entire batch from the campus
While the average annual package offered to students was Rs 15.32 lakh, the highest package stood as high as Rs 26 lakh. The total number of PPOs and PPIs was 55.
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai has concluded Final Placement 2013 with top companies including Citibank, Colgate-Palmolive, Flipkart, General Electric, Hindustan Unilever, P&G, Colgate-Palmolive, L’Oreal, PepsiCo, Amazon, Flipkart, Vodafone, Microsoft hiring the entire batch from the campus.

According to the JBIMS placement office, as many as 88 companies recruited from the campus including over 35 new companies, offering lucrative offers to the batch strength of 120 students. While the average annual package offered to students was Rs 15.32 lakh, the highest package stood as high as Rs 26 lakh. The total number of PPOs and PPIs was 55.

Mr. Balkrishna Parab, the Placement Co-ordinator, JBIMS, said, “Placement season 2013 ended on a jubilant note with the batch achieving placements in record time. The enthusiastic participation by new recruiters and the diversity of profiles offered exemplify the overwhelming response from the industry.”

“The faith entrusted by regular recruiters along with the new associations has helped the institute wade the tough recessionary waters to post an overall median of 14 lakhs and an overall average salary of 15.32 lakhs this year,” he added. The average salary during final placement 2012 was Rs 14.9 lakh.

Participating companies came from diverse geographies, both national and international, with offers for a multitude of coveted responsibilities. Some of the top companies that offered Pre- Placement Offers and Interviews include Abbott, Accenture Management Consulting, Castrol, Citibank, Colgate-Palmolive, Flipkart, General Electric, GSK Consumer, Hindustan Unilever, JP Morgan, Janssen Pharmaceuticals, Jones Lang LaSalle, Kotak Mahindra Bank, Mahindra & Mahindra, Nomura, Procter & Gamble, Reliance Industries, Standard Chartered Bank and Vodafone.

Sector-wise placement:


Leading Banks and Financial Institutions such as Franklin Templeton, Standard Chartered Bank, Citibank, HSBC, JP Morgan, Nomura, Yes Bank, ICICI Bank, Ratnakar Bank, Tata Capital, Indiabulls and Fidelity offered varied roles including Investment banking, Wholesale and Corporate Banking, Commercial Banking, Retail and Consumer Banking, Corporate Strategy Profile and Debt Capital Markets, Structured Finance, Project Finance, Treasury and Risk Management, Credit Research, Commercial Credit, Credit Analysis, Institutional Finance, Mortgage Services, Global Banking and Global Markets.

FMCG & Pharma:

The institute witnessed substantial participation from the FMCG sector with recruiters such as Hindustan Unilever, Procter & Gamble, Colgate-Palmolive, L’Oreal, PepsiCo, Hindustan Coca-Cola Beverages, General Mills, Cipla, Ranbaxy, Glenmark Pharma, Abbott Pharma, Janssen Pharmaceuticals visiting campus and hiring students across functions and profiles like Branding in Emerging Markets, Brand Management, Marketing, Market Research, Consumer Knowledge, Sales and Corporate Finance among others.


Major global strategy consulting firms that hired from the campus include McKinsey & Company, Accenture Management Consulting, Deloitte, Jones Lang LaSalle along with several others.

Manufacturing & Conglomerates:

Various Business groups such as Jindal Steel and Power, Reliance Industries Ltd., Schlumberger, Bosch, Lodha Goup, General Electric, Mahindra & Mahindra, Larsen & Toubro, Tata Steel, Shree Renuka Sugars Limited, Godrej & Boyce, offered different profiles in General Management, Strategy, Corporate Finance and Marketing.

Retail & E-Commerce:

JBIMS continued to perform exceedingly well in the retail sector dispelling all apprehensions due to the economic downturn with leading recruiters like Amazon, Flipkart, Suvidhaa Infoserve hiring in large numbers along with Jumbo Electronics offering international profiles.

Telecom & IT:

The campus continued to be the preferred destination for Telecom and IT Majors like Vodafone, Microsoft, Zycus, HCL Technologies, Wipro, Cap Gemini, Accenture Tech, TCS and Infosys who offered coveted Global Sales, Operations, Strategy and Consulting as well as IT profiles to the students.

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