SPJIMR grabs a tremendous average salary of 15.46 lacs

Mumbai based India’s one of the top B schools  Bharatiya Vidya Bhavan's S. P. Jain Institute of Management and Research (SPJIMR), concluded its Placements 2012 of two year full time Post Graduate Program in Management (PGDM) with a huge success.

According to SPJIMR’s Placement report, the Class of 2012 witnessed 81 companies queuing up to hire participants from the Class of 2012. The average salary increased to 15.46 lacs, a phenomenal increase over last year.
There were a total of 176 PGDM students participated in the placement while 1 student opted out of placements. 
The report states that companies poured 257 offers where the total numbers of companies were 81. This year, there were 18 new recruiters visited the campus.  
51.43% of the Class of 2012 received Pre-Placement Offers and Pre-Placement Interviews through their Autumns Internships at top corporate houses, some of which included TAS, Microsoft, HUL, Pepsi, P&G, Nestle, Intel, J&J Consumer, Colgate Palmolive, J&J Medical, Citibank, General Electric, HT Media, Flipkart, McKinsey, Britannia, Aditya Birla Group, HSBC, GSK, Reckitt Benckiser, JP Morgan, Miebach Consulting, JM Financial, O3 Capital, Wipro Consulting among others, says report. 
The other key highlights of the placements were: 
•51% of the batch has offers of Rs. 15 lacs and more
•75% of the batch has salaries of Rs.13 lacs and more
•The median salary for the batch of 176 students was 15.25 lacs
•Foreign offers were made by Deloitte Malaysia
SPJIMR’s Sector wise Placement Report:
General Management 
This year Tata Administrative Services, Mahindra & Mahindra, Reliance Industries Limited, RPG Group and Reliance Power made about 18 offers in several middle management positions. The roles pertain to application of business understanding in all relevant domains and also entail close co-ordination with CXOs. The hires are groomed to be future leaders in their respective business subsidiaries.
Consulting/ IT Consulting
SPJIMR witnessed a splurge in the offers coming from consulting companies. 19% of the batch was placed in top consulting firms which included TSMG, Ernst and Young, PRTM, Accenture Management Consulting, CEB, Deloitte, Cognizant Business Consulting, Vector Consulting, Capgemini, Bristlecone among others.
The profiles offered by the consulting bandwagon at SPJIMR included strategic consulting, operations consulting, financial advisory and IT consulting.
Down-market trends did not affect the finance batch on campus. The talented batch picked up offers from top league financial players that included JP Morgan, Standard Chartered Bank, Citibank, Deutsche Bank, ICRA, Axis Bank, Yes Bank, SBI Caps, Nomura, GE, Edelweiss and Barclays.
Offers were received across a plethora of functions ranging from Investment 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 AC Nielsen making exclusive offers for their Emerging Leaders Program. 21% of the batch got offers in the Financial Services and Banking sector.
IT companies like Microsoft, Google and HCL Technologies offered Sales roles on campus. Corporate IT roles were offered from business giants like General Electric, Unilever and Citibank. Global IT majors like NetApp, Directi, HP and Wipro Consulting offered a plethora of roles.
Marketing and Operations
SPJIMR maintained its niche in FMCG hiring. This year witness the top FMCG companies lining up on campus to make offers to the Marketing and Operations batch. 27% students were doled out offers by the FMCG sector.
Sales, Marketing and Supply Chain roles were made by FMCG majors that included Hindustan Unilever Ltd., P&G, Kraft, PepsiCo, Nestle, GSK, Johnson and Johnson Consumer and Medical Groups, Asian Paints, Britannia, Marico, HCCB, L’Oreal, Reckitt Benckiser, Nivea, Nokia,Wipro Consumer, etc.
For the second time in running, HUL picked up a lateral hire from campus for the supply chain division.
Telecom roles were offered to students by Bharti Airtel and Vodafone.
Niche roles mapping across other sectors were also offered by Novartis, 3M, Cummins, Philips, Castrol, Raymonds, Tata Motors and Titan.
Media roles were offered by HT Media.
 updates on B schools Placements 2012., Stay tuned to www.mbarendezvous.com, India's only content lead portal