The final placements 2018-19 for MBA students at Shailesh J Mehta School of Management (SJMSOM) – IIT Bombay has been concluded. The highest package offered to an MBA student at SJMSOM placements 2018-19 was Rs. 32.4 lakh per annum. The highest package was same last year too. However, SJMSOM witnessed a rise in average salary offered to students this year. The average salary offered to SJMSOM MBA graduating batch of 2019 was Rs. 20 lakh per annum.
SJMSOM recorded 100% placements this year, as all 109 students of MBA 2019 graduating batch secured jobs. The placement drive was conducted for three days in December 2018, and all the students were placed in just three days.
This year, 38 companies participated in SJMSOM IIT Bombay placements and made 112 offers.
Apart from the regular recruiters at SJMSOM IIT Bombay placements, some of the new recruiters who participated in the placement process were –
Compared to the previous year, there wasn’t much change in the 2018-19 placements of SJMSOM IIT Bombay. Last year, 112 offers were made to 107 students. ‘
For the latest updates on SJMSOM IIT Bombay placements, stay tuned to CollegeDekho.
One of the top management school in the country, Shailesh J. Mehta School of Management, popularly known as SJMSOM of IIT Bombay recently concluded its final placements for the outgoing batch of 2015-17.
SJMSOM Placements 2017 Snapshot:
In total, as many as 52 companies participated in the placement drive. Out of these, 17 of them were first-time recruiters and ranged from a variety of domains.
The top salary offered this year was Rs. 29.9 lakhs.
The average salary offered this year was of Rs. 17.63 lakhs per annum.
The top 30% batch of students managed to grab a salary of an average of Rs. 24.48 lakhs per annum.
48 students bagged Pre-Placement Offers (PPOs) or Pre-Placement Interview (PPIs) opportunities.
Companies that Visited IIT-B SJMSOM Campus for Placements 2017:
Domain/Sector |
Companies |
Percentage of SJMSOM Students Placed |
Roles Offered |
Manufacturing |
Cummins India, Avery Dennison, Godrej & Boyce, Lava International, Indian Oil Corporation, Siemens, Vedanta Resources, Tata Motors, Whirlpool |
24% |
International Business, Vendor Management, Operations, Systems, Sales & Marketing |
Consulting |
Accenture, Cisco, Capgemini, CitiusTech, eClerx, Deloitte, Feedback Infra, GEP, JLL, Inspirage |
22% |
Strategy & Operations Consulting, Digital Marketing, Management Consulting, Real Estate Consulting |
IT |
Google, Latent View, PwC, MAQ Software, SAP, Wipro |
20% |
Technology Consulting, Data Analytics, Security Solutions |
BFSI |
Ocwen Financial Solutions, Goldman Sachs, Axis Bank, J.P. Morgan Chase, CRISIL, DE Shaw, ICICI, BNP Paribas, Invesco, Yes Bank, Trafigura, Indus Valley Partners |
15% |
Corporate Banking, Corporate Treasury, Business Analysis & Research, Commodity Trading, Relationship Banking |
FMCG |
BCCL, Asian Paints, Britannia, Johnson & Johnson, Colgate-Palmolive, Pidilite Industries L'Oreal, Nestle, Marico, P&G, Mondelez |
14% |
Sales, Marketing, Operations, IT, Supply Chain Management |
Others |
Cochlear, Vodafone, Fed-Ex |
5% |
Sales, Marketing, Operations, IT, Supply Chain Management |
Out of the above-mentioned companies, first-time visitors to the SJMSOM placements included DE Shaw, Godrej & Boyce, SAP, Britannia, Whirlpool, JLL, Pidilite, CRISIL. Additionally, some public sector companies such as IOCL also offered various roles to the batch of SJMSOM students in the field of Finance, Sales and Marketing, Consulting, Operations etc.
IIT Bombay’s Shailesh J Mehta School of Management has performed quite well in the summer placements.
Around 40 companies participated in the summer placement of SJMSOM IIT-B. Various new recruiters also participated in the placements and offered some new profiles. The internships offered to students will be carried out for a duration of 8-10 weeks.
Major Sectors that hired students from the Shailesh J Mehta School of Management (SJMSOM):
Sector |
Percentage of students hired |
FMCG |
29% |
Consulting/ Information Technology |
22% |
Among the major FMCG companies that recruited students from the summer placements, 2017 were Asian Paints, Colgate-Palmolive, BCCL, Johnson & Johnson, Marico, Kimberly-Clark, Mondelez, P&G and Nestle.
Various roles were also offered in the supply chain management, IT and operations domains. Big IT and consulting firms like Accenture, GEP, Capgemini, Wipro and Tata motors offered some promising roles to students.
Highlights of placement drive
The highest stipend offered has also increased by 40% as compared to 2016. This year, the highest offer made was of Rs.2.80 lakh.
The average stipend for the placement season 2017 has increased by 27% as compared to 2016, summing it up to Rs.1.19 lakh.
BASF, Tata Motors, Whirlpool and Cummins were the prominent recruiters that offered jobs in the operations and marketing segment.
The BFSI sector saw participation from big names like Goldman Sachs, Fidelity Investments, ICICI, Ocwen Financial Services, Yes Bank and Indus Valley Partners.
Boehringer Ingleheim, Pharmeasy, Cochlear and United Health Group were the firms that represented the healthcare sector.
The roles offered by these firms included investment management, risk management, relationship banking, corporate treasury and business research & analysis.The rest of the offers were rolled out from sectors like manufacturing, finance, banking, insurance (BFSI), securities, healthcare, etc.
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