SPJIMR Placement Class 2023 saw an average of 33.02 Lakhs with participation from FMCG, Consulting, BFSI, Pharma and Tech as top recruiting sectors
Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research, Mumbai recently announced the completion of the Final Recruitment Process for its PGDM Class of 2023 in a record number of process days with huge corporate participation.
SPJIMR’s latest MBA placement cycle solidified its relationship with the corporate sector. The process saw a high number of companies onboarded and speedy offer rollouts, reflecting the trust in the value-based leadership style of the MBA participants. The return to normal was also marked with most recruiters visiting the campus, while others opted for hybrid/online modes of recruitment. The FMCG sector emerged as the top recruiting sector, with 35 per cent of the batch receiving offers. This built on a trend of increased offers year on year from premier FMCG companies, making SPJIMR a preferred campus.
The average annual salary (cost-to-company) this year stands at Rs 33.02 lakhs per annum. The median annual salary came in at Rs 32.89 lakhs per annum which registered a rise of 9.3 per cent over last year, with over 70 per cent of the batch securing offers above Rs 30 lakhs per annum and over 92 per cent in excess of Rs 25 lakhs per annum. Stellar placements and steady growth over the previous year were witnessed despite the current market scenario around tech and impending fears of recession around the world.
