SPJIMR PGDM Placements 2011 – Reaching New heights

Bharatiya Vidya Bhavan's S. P. Jain Institute of Management and Research (SPJIMR) is rated among the top ten B-schools in the country. Inaugurated in 1981 by the then British Prime Minister Rt. Hon'ble Margaret Thatcher, it has moved from strength to strength due to its innovative pedagogic approach and its ability to adapt to the changing business environment.
The institute has completed yet another successful season of placements for the PGDM Class of 2011 with 242 offers from 76 companies for the placement process.
The Placement process saw companies queuing up for selection ofcandidate for lateral and fresher hiring. Prof. Abbasali Gabula, Deputy Director (External Relations & Administration) has seen the turn of events over his 10 long years in the Education sector. "The economy is definitely booming and hence the salaries have risen sharply. The companies spent more time in the hiring process which is good for the participants".
The average salary increased by 27% to Rs. 14.07 Lacs per annum from Rs. 11 Lacs per annum last year, with the highest domestic offer of Rs. 23 lacs

52.5% of the batch had pre-placement offers and pre placement interviews from the Autumns Internships which were done in companies like TAS, Microsoft, GE, Mahindra and Mahindra, Asian Paints, Colgate-Palmolive, Dabur, Nestle, KPMG, Ernst and Young, PnG, HUL, GSK, Miebach Consulting, Citibank, BNP Paribas, Edelweiss etc.
Key Highlights

39% of the batch had offers of Rs. 15 lacs and more

• 59.5% of the batch had salaries of Rs.13 lacs and more
• The median salary for the batch of 177 students was 14 lacs
• Foreign offers were made by Thomson Reuters and Deloitte

Some brief on the kind of the companies on campus this year:

General Management
This year Tata Administrative Services, Adani Leadership Program, Mahindra & Mahindra, Reliance Industries Limited and RPG Group made about 16 offers in several middle management positions. The roles entailing to all domains of business require close co-ordination with CXOs and the hires are groomed to be take top level leadership positions in the companies.
Consulting/ IT Consulting
This year saw a phenomenal increase in offers from consulting companies at SPJIMR. 19% of the batch was placed in leading Consulting firms.
The consulting bandwagon led by McKinsey and Co. included Arthur D’Little, Accenture Business Consulting (ABC), Deloitte,Ernst and Young, KPMG, PwC, CEB and TSMG. Deloitte picked up maximum number of students for their various divisions. Accenture for the first time gave offers for the Global Talent and Innovation Network team. IT consulting was offered by Cognizant Business Consulting (CBC) and Capgemini.
Other offers included profiles like Strategic Consulting, Operations consulting and Financial Advisory.
Finance
The major finance players on the campus included JP Morgan, IIFL, Standard Chartered, Citi Bank, Deutsche Bank, ICICI Bank, Edelweiss, ICRA, Avista Advisory , SBI Caps, HSBC , Yes Bank, Axis Bank etc. Offers were received across a plethora of functions ranging fromInvestment Banking , Corporate Banking, Institutional Equities , Equity Research , Credit Rating, Credit Risk, Treasury , Project Finance and Corporate Finance. The campus also saw participation from Multinational firms like Thomson Reuters making exclusive offers for their Global Business Graduate Program. 21.35% of the batch got offers in the Financial Services and Banking sector
IT/ITes
IT companies like Microsoft, HCL Technologies and IBM offered Sales roles. Corporate IT roles were offered from business giants like General Electric, Proctor and Gamble and Citibank. Other IT majors included TCS, Wipro, Polaris, HP, Winshuttle, i-Gate etc.
Marketing and Operations
Marketing, Sales and Supply chain roles were made by FMCG majors including Procter & Gamble, Hindustan Unilever Ltd, Johnson & Johnson, Dabur, Asian Paints, Nestle, Marico, Britannia, Nivea and Wipro Consumer.
For the first time HUL picked up a lateral hire from campus for the supply chain division. This placement season, also had participation from companies like Bharti Airtel, Philips, Novartis, CEAT and Titan offering our students niche roles across diverse sectors.
Companies like 3M, Cummins also visited the campus for the first time offering roles for the students with operation majors. 23% of the batch got offers from FMCG majors
One student deferred participating in placements to explore his own venture.
Students benefited the most with the placement springing back to even better levels than for the class of 2008, the boom year.