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Last Updated on April 9, 2014 by MBAUniverse.com News Desk

JBIMS Mumbai Placements 2014: Average salary rise to Rs. 16.18 lakhs in Placements 2014

JBIMS apart from maintaining its 100% placement record over the years found more offers and variety of profiles. Average salary increased to Rs. 16.18 lakhs in JBIMS Mumbai Placements 2014.

JBIMS Mumbai Placements 2014: Average salary rise to Rs. 16.18 lakhs in Placements 2014

The executive Placement process at Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai is over for the final year students of the MMS course 2012-14. Present intake in MMS programme at JBIMS is 120 students.

Placement season 2014 at JBIMS has seen more recruiters making more offers than last year. Apart from maintaining 100% placement record JBIMS witnessed increase in annual salary packages and as such the placement 2014 has reflected an upward swing in recruitment beating the slow down.

JBIMS has a unique feature of student driven focus on various activities. It is one of the most sought after management institutes and is ranked 14 in MBAUniverse.com ranking 2013 among the top 100 Indian B schools including IIMs.

Key Trends in JBIMS placements 2014
JBIMS Mumbai has a consistent record of 100% placement. The placement season 2014 is no exception to the trend. A total of 119 students from MMS programme sought placement in 2014.

Rise in Number of recruiters
Placement 2014 witnessed a registration of 95 recruiters out of whom 89 visited the campus. There were 88 companies in placement 2013. Number of new recruiters also visited the campus. CRC, JBIMS says New relationships were fostered with various corporations that recruited for the first time.

Increase in Job offers and Roles
According to Corporate relations Committee at JBIMS Students were offered a variety of profiles across a plethora of domains spanning the entire industrial spectrum. The students accepted 58 Pre Placement Offers from the recruiters in different sectors.

Banking Finance Services and insurance (BFSI) sector topped the list by placing 43% of the offers. Next was FMCG and pharma with 26% offers each. Telecom and IT made 14% while consulting 10% offers respectively. Manufacturing sector made rest 7% offers.

Annual packages are up
Beating the slowdown in placement offers, the placement season 2014 at JBIMS saw a rise in average salary by Rs.0.86 lakhs. The average salary increased from Rs.15.32 lakhs to Rs. 16.18 lakhs in placement 2014 from placement 2013. Median salary also increased from Rs.14 lakhs per annum in 2013 to Rs. 14.5 lakhs in 2014. The highest salary in placement stood at Rs. 26 lakhs which is nearly same as placement 2013

Top Recruiters at JBIMS Placements 2014
Out of 89 recruiters in JBIMS placement 2014, major recruiting companies making maximum number of offers include JP Morgan, Barclays, ICICI Bank, Citibank, Standard Chartered Bank, HSBC, HDFC Bank, Yes Bank, ING Vysya, Tata Capital, Nomura, Kotak Mahindra Bank, Axis, Hindustan Unilever, Nivea, Emami, Janssen Pharmaceuticals, P&G, ITC, Cipla, Ranbaxy, Microsoft, Google, TCS, HCL, Wipro, Infosys, Zycus, Newgen, L&T, McKinsey & Company, The Boston Consulting Group, Ernst & Young, Cognizant.

USPs of JBIMS Mumbai

Strong Alumni Base

JBIMS is 43 years old B school that has produced many industry leaders who visit the institute to share their practical experiences while climbing the ladder of hierarchy. This is the biggest advantage in view of the students, faculty and corporate alike. JBIMS toppers, like Chintan, Niraj, Preethi, Nihaal are of the view that most of the visiting faculty members are corporate leaders who also happen to be the alumni of JBIMS. These guest lectures give direct insight into what is happening currently in the industry and how it is expected to take shape in the future.

All the toppers agree that JBIMS Mumbai is known for its esteemed alumni base that has made their name not only within the country but also internationally.

Prime location
JBIMS is located in the heart of Mumbai in Churchgate area and this advantage can never fade as it is the centre of commercial activity. Toppers find that the institute has excellent location right in the heart of the financial capital of India.

More Practical Knowledge
Education at JBIMS is not limited to conventional class room experience. It is coordinated with vast industrial exposure also. Toppers at JBIMS find great merit while studying at JBIMS and share that studying at JBIMS is an altogether different experience.

Learning at JBIMS is learning by faculty from Industry leaders since the faculty comprises industry stalwarts who do not limit their teaching to mere textbook tales, their practical knowledge benefits all the students and shape their future.

Stay tuned to MBAUniverse.com for more news and updates on JBIMS Placements 2014

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