SIBM Pune Placement 2023: Average salary Up by 16% at Rs.26.77 LPA; Median Salary Up by 15% at 24 LPA; Accenture, Aditya Birla, Bain & Co. hire big

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May 27, 2023
Symbiosis Institute of Business Management (SIBM) Pune has recorded an upward jump in average salary by 17.89% and in highest salary by 49.77% in Placement 2022 over last year. SIBM Pune has concluded its Placement 2022 season on a high note with a total of over 217 offers made by 100+ Companies in the Symbiosis Pune Campus Recruitment Programme this year with 97 PPOs. Accenture, Aditya Birla, Amazon, Bain & Co are among the top recruiters
SIBM Pune Placement 2023

Placement 2023 at Symbiosis Institute of Business Management (SIBM) Pune has concluded on a high note for the MBA 2021-23 batch.The average salary at Rs.26.77 LPA has registered an increase of 16.08% from last year and Median Salary at Rs.24 LPA has registered an increase of 15.38% while highest salary stood at Rs.35.05 LPA.

On successful completion of placements 2023, Dr R Raman, Director SIBM Pune said, “The final placement for the MBA Batch of 2021-23 is a testament to the fact that year after year, SIBM Pune successfully achieves unprecedented heights. The trust that our esteemed recruiters place in the talent pool at SIBM Pune was reinforced during the placement cycle, with the students showcasing their potential and proving to be a good fit for the roles offered in various domains.”

SIBM Pune is the flagship institute of Symbiosis International University. SIBM Pune has broken its own previous records in the final placements. 107 recruiters across various sectors such as Automotive, BFSI, Consulting, FMCG/FMCD, Healthcare & Pharmaceuticals, IT/ITES, Manufacturing and others made lucrative offers to the students. This has been a result of the institute’s unique student-driven culture, corporate-academia engagement and academic rigor along with the students' efforts. Coveted roles were offered across domains such as Consulting & Strategy, Finance, General Management, Human Resources, Operations & Supply Chain and Sales & Marketing by premier organisations in the industry.

Some noteworthy management programs that SIBM Pune students have secured entry into, are the Accenture Talent Accelerator Program, Asian Paints IMPRINTS, Bajaj Finserv Group Young Leadership Program, Cipla ALIVE Program, Godrej Industries GALLOP Leadership Program, Mahindra Group Management Cadre, Marico IGNITE Program, Reliance Emerging Leaders Program, Tata Consumer Products Emerging Leaders Plus Program among others.

Leading organizations and brands made placement offers to the SIBM Pune students. Apart from the 58 legacy recruiters, SIBM Pune witnessed 49 new recruiters in placement 2023 from across the sectors and domains.  

SIBM Pune Placements 2023: Key Highlights

  • Average Salary increased by 16.08% to Rs.26.77 LPA from Rs.23.06 LPA last year
  • Median Salary has gone up by 15.38% at Rs.24 LPA from Rs.20.80 LPA last year
  • Highest salary stood at Rs.35.05 LPA
  • 107 Marque recruiters participated in Placement 2023 
  • No. of PPOs offered has gone up to 111 in Placement 2023 from 97 last year
  • 33% of the participating students were women in SIBM Placement 2023
  • Average Salary for Top 10% students goes up at Rs.33.27 LPA
  • Average Salary for Top 25% students goes up at Rs.32.80 LPA
  • Average Salary for Top 50% students goes up at Rs.29.99 LPA
  • BFSI and FMCG/FMCD emerged as top recruiting sectors with 22% share each
  • 49 New recruiters including American Express, AON, Bajaj Finserv, Bosch, Colgate Palmolive, L'Oréal, Microsoft, Morgan Stanley, Samsung, The Coca Cola Company among others.
  • Top Recruiters include Accenture, Bain & Co., Capgemini, Amazon, Axis Bank, Bajaj Auto, Cipla, Dr. Reddy's, Godrej, GSK, Reliance, Tata, Whirlpool among many others.

SIBM Pune Batch Profile
Below is shared the SIBM Pune batch profile for flagship MBA program 2021-23 batch

MBA 2021-23 Batch
Average Age
25 Years
Women Students
Male Students
Students with Work Experience
Average Work Experience
17.53 Months

Top Recruiters
Out of the 107 participating companies there were 49 new recruiters who recruited SIBM Pune students for the first time. These companies across the sectors such as Automobiles/Automotive, BFSI, Consulting, FMCG/FMCD, Information Technology, Infrastructure, Manufacturing, Pharmaceutical, Retail, and Telecom, participated for the Campus Recruitment Programme.

SIBM Placement 2023 witnessed the offers made to the students in the fields of Finance, General Management, Human Resources, Sales & Marketing and Supply Chain & Operations.

Top Recruiters at SIBM Pune include regular and new companies alike. Aditya Birla Capital, Amazon, Bain & Company, BNY Mellon, Deloitte, Flipkart, Infosys Consulting, Capgemini, Axis Bank, Bajaj Auto, Cipla, Dr. Reddy's, Godrej, GSK, Reliance, Tata, Whirlpool among many others were the top recruiters.


Sector-wise Placements
Following are the sector wise placements at SIBM Pune

Percentage of Total Offers in Placement 2023

Domain-Wise Placements & Top Recruiters
Below are shared the domain wise placements with key highlights, roles offered, average salary and top recruiters

Marketing: Average Salary Rs.27.03 LPA
The Marketing curriculum at SIBM Pune addresses the evolving requirements of the industry and ensures that the students are well-versed in crucial areas such as Consumer Behaviour, Marketing Analytics, Market Research as well as Sales & Distribution. A case-based pedagogy gives the students a practical understanding of changing market scenarios. 

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 Roles Offered
The students of the Marketing specialization were offered roles such as Business Development Manager, Consultant, Management Consulting Analyst, Product Manager, Strategy Consultant and others in various domains such as:

  • Business Analytics
  • Management Consulting
  • Product Management
  • Sales & Marketing

Top Recruiters in Marketing Domain
Major recruiters who offered placement at SIBM Pune in Marketing domain are Accenture Strategy & Consulting, Aditya Birla Group, Amazon, Apparel Group, Asian Paints, Axis Bank, Bain & Company, Bajaj Auto, Castrol, ClearTax, Dabur, Deloitte, Flipkart, InCred, Infosys Consulting, GlaxoSmithKline Pharmaceuticals, ITC, Marico, McKinsey & Company, Morris Garages, Mindtree, Nexdigm, Phablecare, PhonePe, Pidilite, Titan, Varroc, Vodafone Idea, Wipro and Zydus Wellness, among others

Human Resources: Average Salary Rs.27.07 LPA
Students gain workforce management as well as strategic decision-making skills from the Human Resources programme.

Roles Offered
New roles in HR Analytics and HR Consulting were offered to students this year. Other roles included Human Capital Consultant, Human Resources Business Partner, People Advisor Senior Analyst, Senior Manager for Employee Experience and HR Systems and many more, in the following domains:

  • Compensation & Benefits
  • Diversity Management
  • Employee Engagement
  • HR Strategy & Consulting
  • Learning & Development
  • Talent Acquisition

Top Recruiters in HRM
Top Recruiters making placement offers in Human Resources are Accenture Solutions, AON, Bosch, Accenture Strategy & Consulting, Aditya Birla Capital, Aequs Group, Bajaj Auto, Cisco, ClearTax, Dr. Reddy's Laboratories, Gartner, Gilbarco, GMM Pfaudler, Godrej Properties, Google, GreyOrange, Infosys Consulting, JPMorgan Chase & Co., Landmark Group, LogiNext, Marico, Metro Cash & Carry, Nestlé, Ninjacart, Procter & Gamble, Relaxo, Reliance Industries, Reliance Nippon Life Insurance, Searce Consulting, Shadowfax, Tata Steel, Varroc, Wipro, WNS and Zetwerk among others.

Finance: Average Salary Rs.25.20 LPA
SIBM Pune provides a comprehensive curriculum in financial management, enabling students to develop a holistic understanding of financial principles. This has helped students secure roles in top companies.

Roles Offered
Roles offered in Finance domain included Business Valuation Consultant, Finance Transformation Consultant, Investment Banker, Risk Analyst, Wealth Management Associate and many more. This year several prominent recruiters put their trust in the brand of SIBM Pune by offering roles across domains such as:

  • Business Valuation
  • Corporate Investment Banking
  • Financial Modelling
  • Portfolio Management

Top Recruiters in Finance Domain
Prominent recruiters making placement offers in Finance domain at SIBM Pune include Aditya Birla Capital, Axis Bank, Accenture Strategy & Consulting, Accolite Digital, Avendus Capital, Bain & Company, Barclays, BMW Group, BNY Mellon, Cisco, Citi, Emkay, Gartner, GE Aviation, Genpact, HSBC STG, ICICI Bank, IDFC First Bank, InCred, Infosys Consulting, Jio Platforms, LogiNext, McKinsey & Company, Nexdigm, Ninjacart, PayU, PwC, Relaxo, Thoucentric, Vedanta, Whatfix, among others.

Operations: Average Salary Rs.26.75 LPA
SIBM Pune has developed a distinctive curriculum for the Operations specialisation through a deep understanding of topics like Inventory & Warehouse Management, Logistics & Distribution, Operations Analysis & Research and Supply Chain Management.

Roles Offered
The students of the Operations specialisation were offered roles as Business Transformation Consultant, Product Manager, Technology Consulting Associate, Scrum Master and Supply Chain & Procurement Associate amongothers. Key domains in which roles were offered include:

  • Product Management
  • Project Management
  • Strategy and Consulting
  • Supply Chain Management

Top Recruiters in Operations
Among the top recruiters making placement offers in Operations include American Express, IBM, Avalon Consulting, Bain & Co, Accenture Strategy & Consulting, BMW Group, Bristlecone, Capgemini, Cisco, Diageo, Ernst & Young, Gartner, ICICI Bank, Indegene, Jio Platforms, LogiNext, Ninjacart, PayU, PwC, Relaxo, Reliance Industries, Rockwell Automation, Salesforce, Thoucentric Consulting, Vedanta and Whatfix, among others

SIBM Pune’s student-driven culture, corporate engagement model and planned academic rigour have consistently resulted in a significant increase in the competency levels of the students. The students have again proved their mettle through quality performance during their Summer Internship and at various B-School Competitions. The regular recruiters at SIBM Pune reinforced their faith in the institute by opening newer roles for the students.

Established in 1978, Symbiosis Institute of Business Management, Pune is a premier B-School of India recognized for its excellence in academics, high quality management programme and its valuable contributions to industry, society and students. SIBM offers MBA degree programmes and is a constituent of Symbiosis International University (SIU) Pune. It is a dream MBA college and offers admission on the basis of SNAP exam scores.

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