In MBA placement drive, average salary in this college jumps to Rs 22.24 lakh; 238 students hired
The MBA placement 2018 season for this management institute ended on a very cheerful note as the B-school recorded a healthy growth in terms of average and median salary offered to the students.
The MBA placement season is ongoing and salaries on offer for students are making waves. Some candidates have gained in a major way. In this institute, placement report has given some interesting highlights. SP Jain Institute of Management and Research (SPJIMR), Mumbai has concluded final MBA placement for outgoing batch of 2016-18 batch. The placement 2018 season for the management institute ended on a very cheerful note as the B-school recorded a healthy growth in terms of average and median salary offered to the students. As many as 105 recruiters participated in the placement process organised at the institute to hire 238 students.
The SPJIMR, Mumbai, which is one of the top private MBA colleges in India, is always a centre of attraction for MBA aspirants as well as the corporate world as they keep a tab on placement process here. In fact, placements of top MBA colleges give a clue to ongoing trend in MBA hiring and in understanding the sectors which currently dominate the campus hiring at top B-schools, Jagran Josh revealed.
Let’s have a look at SPJIMR placement report to understand the MBA hiring trend in India.
Since the SPJIMR is located in Maharashtra, it draws a lot of recruiters from different sectors of industry. The placement report this year has given some interesting statistical highlights related to placement trend in the MBA world. The key highlights of placement are:
Total Number of recruiters: 105
Total number of students: 238
Total offers extended: 263
No of PPOs offered: 81
Top hiring sectors: Consulting & FMCG
Average salary: 22.24 Lakhs
Median salary: 21.35 Lakhs
First time recruiters: 47
Offers above 17 lakh – 218 / 92% of the batch
Offers above 16 lakh – 230 / 97% of the batch
Average salary of top 35% of the batch – Rs 28 Lakh
The B-schools generally refrain from releasing the highest salary offer made to students during the placements, average salary here is stated to have witnessed a healthy growth of around Rs 2 lakh.