SP Jain Institute of Management and Research Placements 2023 - Average & Highest Package, Percentage

The SP Jain Institute of Management and Research placement cell assists students and corporations in conducting a smooth and flawless placement drive. The placement cell is dedicated to ensuring that its pupils have a brighter future.

The SPJIMR placement cell assists students with training, skill development, personality development, and communication skills in order to help them feel more secure throughout the interview process. According to placement statistics atSP Jain Institute of Management and Research, the average package offered was Rs 23.6 lakhs per annum in 2021 and Rs 32.06 lakhs per annum in 2022. The SPJIMR highest package offered in 2022 was Rs 53.16 lakhs per annum and Rs 46.65 lakhs per annum in 2021.

Despite the hurdles posed by the pandemic, more than half of the class received PPO/PPI (Preferred Provider Organization) chances during the autumn internship of the SPJIMR and corporate contests, including Amazon, Boston Consulting Group, Colgate Palmolive, Hindustan Unilever, Procter & Gamble, and Tata Administrative Services.

SPJIMR is one of the few top-rated B-schools whose placement results have been thoroughly scrutinized by CRISIL. The SPJIMR PGDM placements are divided into internships in the autumn (Aug- Oct every year) and final positions (after graduation).

The SPJIMR placement procedure includes confirmation of the company's participation in the placements process; company representatives give pre-placement talks, SPJIMR student applications and shortlists, interviews and group discussions, and acceptances and job offers are part of the whole process.

The top recruiters at SP Jain Institute of Management and Research Placement 2022 are

• Colgate-Palmolive
• Hindustan Unilever
• L'Oréal
• Marico
• Mondelez
• Procter & Gamble
• Barclays
• Citibank
• Flipkart
• Amazon
• Boston Consulting Group
• Capgemini ELITE
• Mahindra GMC

Over 52 companies attended the SPJIMR autumn internship drive, with 27 of them being first-time recruiters. For two months, students received an average stipend of Rs 2.61 lakhs. At SPJIMR placements, the maximum stipend was Rs 4 lakhs for two months.

With respect to the placement policy of SPJIMR, the institute's strong and long-standing relationships with the corporate sector, as well as the strong value that MBA participants bring to the companies they work for, were reflected in the placement performance in terms of the number of participating companies, average salaries offered, and the speed with which offers were rolled out. It also showed the institute's agility and resilience and the students' willingness to take on demanding tasks and achieve corporate objectives while remaining socially conscious.

Top Recruiters of SP Jain Institute of Management and Research are:

The placement cell of SP Jain Institute of Management and Research, Mumbai, consists of placements in fields that include Consulting/ IT Consulting, FMCG (Fast Moving Consumer Goods companies), BFSI (Banking, Financial Service, and Insurance sector), E-commerce, general management, and leadership roles.

In this year’s placement cell, recruiters continuously increased consulting offers, with the domain being the leading recruiter, with almost 36% of the batch obtaining work. The firms Deloitte USI and PwC US Advisory made the most offers. 

SPJIMR was able to preserve its position in the FMCG industry. Asian Paints, General Mills, Colgate-Palmolive, Hindustan Unilever, ITC, Johnson & Johnson, L'Oréal, Marico, Mondelez, Nestle, Pidilite, Procter & Gamble, and RB made over 40 offers. This was bolstered by new recruiters such as Himalaya and returning recruiters such as GSK Consumer Health, resulting in over 18% of the batch being placed in the industry. Sales & marketing, systems, corporate finance, and supply chain operations were all on the table.

International financial service firms participated in the SPJIMR placement cell. The e-commerce growth resulted in around 30 bids for the cohort from industry titans such as Amazon, Cloudtail, Flipkart, Go-MMT, Grofers, and Prione. Recruiters in this field offered a plethora of new roles, providing participants with a wide range of alternatives. General management and leadership positions provide applicants with cross-domain experience, allowing them to advance into leadership positions.

Different ways by which SPJIMR, Mumbai placement cells help the students:

• Students looking for work can use SPJIMR to connect with potential companies on and off-campus.
• By offering a common platform for job searchers, SPJIMR’s placement cell aids campus recruitment. 
• The placement officer also ensures that the pupils maintain their composure under pressure.
• It invites businesses from a wide range of industries to participate in the placement process.

Top Recruiters at SP Jain Institute of Management and Research Placement 2022:

• Colgate-Palmolive
• Hindustan Unilever
• L'Oréal
• Marico
• Mondelez
• Procter & Gamble
• Barclays
• Citibank
• Flipkart
• Amazon
• Boston Consulting Group
• Capgemini ELITE
• Mahindra GMC

Over the years, SP Jain Institute of Management and Research has developed a large alumni network that works in various fields. SP Jain Institute of Management and Research alumni got business development to emerge as the most popular domain among SPJIMR graduates, with around 25% of them working in this field. Second place goes to a particular sector which includes product management, engineering, entrepreneurship, education, support, research, and arts & design domains. With about 14% alumni, operations isn't far behind.