Mumbai: S.P. Jain Institute of Management & Research (SPJIMR), a premier B-School in India, announced on Tuesday (17 Jan 2017) the completion of placements for its oldest and flagship programme, two-year Post Graduate Diploma in Management (PGDM). The placement session of the Class 2017saw the highest salary of Rs.39.5 lakhs per annum offered to a student on campus and the average salary rose to Rs20.9 lakhs, from Rs.19.3 lakhs last year.
The institute informed that more than 90% students of PGDM Class of 2017 received offers of Rs. 15 lakhs or more, with a median salary of Rs 20 lakhs. The placements season this year saw 104 companies on campus to hire the 229 participants of the Class of 2017.
During the season regular recruiters like TAS, Deloitte, Accenture Strategy, Mahindra GMC, HUL, P&G, Microsoft, PwC-PRTM, Axis Bank, and JM Financial came to the campus to recruit talent from the batch, indicating that SPJIMR remains a preferred campus for B-School recruitment. The Class of 2017 also received five international offers.
SPJIMR said that the advanced courses are offered under the compulsory Global Fast Track (GFT), a pioneer initiative which takes the entire batch to the USA for a month to study in globally recognised universities. The PGDM Class of 2017 went to the Johnson Graduate School of Management, Cornell University, New York; University of Virginia’s Darden School of Business, at Charlottesville, Virginia; Carnegie Mellon University’s Tepper School of Business at Pittsburg and the Eli Broad College of Business, Michigan State University. Positive feedback from the recruiters about how the GFT prepares participants with global exposure that drives a richer perspective helped the placements performance.
Prof. Malay Krishna, Associate Programme Head and Faculty-In-Charge of Career Services of the PGDM programme said, “We are especially pleased with the placement results for the PGDM Class of 2017 because corporate India is facing unique challenges in the local and global business environment. Hence, our results reflect the high level of trust reposed by recruiters in our institute and our students. We hope to build on this through improvements in curriculum, infrastructure and the placements process.”
Prof. Abbasali Gabula, Deputy Director (External Relations) said, “The placements performance of the Class of 2017 has reached a new high. I call it the magic of 2017. We have achieved this with the selfless efforts of the faculty, staff and members of the SPJIMR family, and in particular the members of the second year placements committee.”
