30 Jan 2019 19:12 IST

Consulting leads as SPJIMR closes placements

The median salary of the batch stood at ₹22 lakh per annum

SPJIMR announced the successful closure of placements for the PGDM class of 2019. The median salary of the batch stood at ₹22 lakh per annum (LPA), with over 72 per cent of the batch receiving offers of ₹20 LPA or above. The average compensation stood at ₹22.90 LPA. This placement season saw participation from 111 companies to hire the 239 students. Twelve international offers were.

Among the companies who participated in placements this year are McKinsey & Company, Boston Consulting Group, Bain & Co., Google, Microsoft, Goldman Sachs, Tata Administrative Services, Airtel, Hindustan Unilever, Nestlé, Johnson & Johnson, Ninjacart, Procter & Gamble, General Mills, Amazon, Mahindra, Deloitte, PwC, EY, Uber, Britannia, Bajaj Auto, Castrol, OYO Rooms, Pidilite, L'Oréal, Philips, Aditya Birla Retail Limited, American Express, Mondelēz, ValueLabs , Nivea, Amway , Sterlite Power, Jindal Steel & Power, Unacademy, Paytm, Bajaj Finserv, Bajaj Auto, Duff & Phelps, Reliance Industries Limited, Citibank, and IIFL & Go-MMT Group.

E-commerce stood out as a sunrise sector with the highest increase in the number of offers made compared to the previous years. Consulting companies were aggressive in their hiring, with 35 percent of the batch picking up offers in the sector. A third of the batch joined IT and e-commerce companies, an indicator of a growing techno-management wave.

More than 50 per cent of the batch took up PPO/PPI opportunities through their autumn internship. Autumn internships are part of a unique SPJIMR model under which participants take up internships after the completion of the core courses (in finance, marketing, operations & supply chain management, and information management) as well as advanced specialisation courses at leading universities in the US under SPJIMR’s Global Fast Track programme.