SJMSOM-IIT Bombay MBA Final Placement 2019: Average Salary Up at Rs.20.8 Lakhs; Highest Salary at Rs.32.40 Lakhs

IIT Bombay MBA Final Placement 2019
Wednesday, March 06 2019, 06:15 PM
SJMSOM – IIT Bombay MBA Placement 2019 has concluded with rise in average salary at Rs.20.8 LPA from Rs.19.06 LPA last year. The Highest Salary in Placement 2019 has stood at Rs.32.4 LPA. Out of 109 students registering for placement, 52 received PPOs/PPIs from the participating companies. SJMSOM offers MBA admission to the candidates from all disciplines as against other IITs needing only engineering graduates

Shailesh J.Mehta School of Management (SJMSOM) – IIT Bombay has concluded Final Placement 2019 for its MBA 2017-19 batch with a sharp increase in average salary, number of PPOs. The two-year MBA at SJMSOM-IIT Bombay is a full-time residential course for graduates from all disciplines wishing to choose a career in management. This Programme is one of the highly ranked  MBA programmes in India.

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SJMSOM final placement 2019 season witnessed multiple recruiters visiting the institute to offer diverse roles in numerous departments such as Consulting, Finance, IT, Operations, Sales & Marketing, and Supply Chain. The average CTC this year rose to Rs.20.8 lakhs with the median going up to Rs. 20.3 lakhs. The season saw the presence of many leading organizations including, Accenture, Flipkart, GEP, Google, IBM, Mondelez, Nestle, Procter & Gamble, PwC, and Tata Global Beverages who offered the students prestigious roles. 

Placement Highlights

  • Highest Salary: Rs.32.4 Lakhs
  • Average Salary increased to Rs.20.8 Lakhs from Rs.19.06 lakhs last year
  • Batch size: 110 Students; Registered for Placement 109
  • Total Recruiters:41
  • New Recruiters: 8
  • Total PPOs/PPIs: 52
  • Offers made in Finals: 68  

MBA 2017-19: Batch Profile
SJMSOM, IIT Bombay continues to be the choice for top graduates in the country, and the batch profile of 2017-19 reinstates the same. Graduates from IlTs, NITs, BITS Pilani and other reputed institutes are pursuing MBA from SJMSOM. The class of 2019 is a blend of fresh graduates, professionals and budding entrepreneurs, with an average work experience of 24 months from some of the top organizations such as Cisco, Deloitte, EXL, Samsung, SAP Labs across various domains like Analytics, BFSI, Consulting, IT, Operations and Sales & Marketing.

Apart from their excellent academic records, students have been consistent performers in other interest areas such as gymnastics, sports, social service, etc. Students have also proved their mettle while pursuing live projects with 3M, CRISIL, ITC, J&J, Kellogg's, and Microsoft to name a few.

The batch of 2019 has won many National level corporate competitions by GEP, J&J, and Nestle and has successfully completed renowned international courses like APICS, CFA, FLIP, Lean Six Sigma, and other professional certifications. 

Sectoral Placement

The BFSI sector saw many reputed recruiters continuing their long-standing association with the institute. Marquee recruiters including Goldman Sachs, ICICI Bank, IVP, Maybank, Nomura, RBL, and Yes Bank offered coveted profiles such as Business Analyst, Financial Operations, Global Finance, Internal Audit, Product Efficiency, Liabilities, and Product Management. 

SJMSOM has always been a sought-after campus for numerous FMCG giants whose faith in the institute is supported by the multiple profiles offered by them in IT, Operations, Sales & Marketing, and Supply Chain Management. This year, the institute saw participation from industry stalwarts such as Asian Paints, Britannia, Johnson & Johnson, Marico, Mondelez, Nestle, Pidilite, and Procter & Gamble. 

Prominent recruiters in consulting and technology such as Accenture Strategy, Capgemini, Google, GEP, Hitachi Consulting, IBM, ValueLabs and Wipro offered profiles in Business Analytics, Management Consulting, Procurement Consulting, and Product Management. PwC, one of the biggest recruiters, offered profiles in Management consulting. 

Manufacturing & Conglomerate
A cohort of companies in the manufacturing sector continued their ongoing relationship with the institute by hiring aggressively during the placement process. Industry leaders including ACG Worldwide, Cummins, Piramal, Tata Motors, and Whirlpool offered multiple profiles across Operations, Sales & Marketing, Strategic Sourcing, and Supply Chain Management. 

Healthcare & Others 
Following the trend of the previous years, the healthcare and logistics sectors have witnessed an enthusiastic response this year too. The institute witnessed an increased participation from regular recruiters like Cochlear and Maersk, who offered profiles in departments such as Business Development, Commercial, Sales & Marketing, and Strategy. The Hospitality sector also made it presence felt during the process, with OYO Rooms recruiting for their niche profile in Operations. E-commerce leader, Flipkart continued its strong association with the institute by offering profiles in Design, Operations, and Planning. 

SJMSOM is highly ranked B-school of IIT Bombay. It has been ranked 5 by NIRF, MHRD 2018 Rankings and among top 10 in India's top Government B-Schools by Outlook 2017. Shailesh J. Mehta School of Management is an essential component of the Indian Institute of Technology Bombay.

SJMSOM, an academic unit of IITB, has its distinct place as a national and global business management school. Apart from MBA, SJMSOM offers post-graduate Master of Management (MOM) and Ph. D. programmes and has recently launched an Executive MBA, jointly with the Washington University at St. Louise, USA. SJMSOM provides a well- designed curriculum and training to the students preparing them to meet the contemporary challenges in their professional life ahead.

Students at SJMSOM get opportunity to interact with faculty associated in all domains such as IT, Bio-informatics, Industrial Design, Rural Development, Climate and Sustainable Growth and Transportation Planning to appreciate technology and apply in management.

Society for Innovation and Entrepreneurship (SINE) and Entrepreneurship Cell (eCell) provide opportunity to all stakeholders of IITB to learn from the experiences of budding ventures.  SJMSOM is one of the five select founding member institutes of the National Entrepreneurship Network (NEN). The School has a continuous process of interaction with industry leaders through Seminars, Lectures and other students’ festivals/events/ continuum / activities (clubs) related to all functions of Management. SJMSOM alumni serve at the different leadership positions in the various private, public, multinational, government and non-profit organizations.

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