JBIMS Mumbai's 2021 final placement report for the MMS batch of 2021 has finally been released! In 2021, JBIMS has seen an increase in the average, median and highest salary offered to the MMS batch despite a pandemic year. In fact, the highest salary offered (INR 44 lakhs) is the highest in five years at the institute. However, there has been a drop in the average of the top-30% and top-10% of salaries offered to the MMS batch. Top brands on campus this year included JPMC, Accenture, BCG, HUL, P&G, RB, RIL, Tata Steel, Amazon, Flipkart amongst others. Here are key highlights from the JBIMS MMS Final Placement report of 2021.
JBIMS 2021 MMS Final Placements - Five Key Highlights From The Placement Report
- The highest salary offered stood at INR 44.00 lakhs per annum, which was a massive increase of 28% over the previous year and was the highest salary offered to the MMS batch in five years.
- The median salary stood at INR 22.28 lakhs per annum, while the average salary stood at INR 23.16 lakhs per annum - both increasing marginally as compared to last year.
- The average of the top-30% of salaries offered stood at INR 27.24 lakhs, while the average of the top-10% of salaries offered stood at INR 32.38 lakhs.
- 37% of the MMS batch of 2021 opted for roles in the BFSI & Investment Banking sector, while 20% of the batch opted for roles in the Consulting sector. 19% of the batch opted for roles in the Technology & E-Commerce sector.
- A total of 68 companies participated in the recruitment process, including top brands such as JPMC, Accenture, BCG, HUL, P&G, RB, RIL, Tata Steel, Amazon, Flipkart, Media.net amongst many others.
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JBIMS 2021 MMS Final Placements - Marginal Year-On-Year Increase In Average, Median Salary
In 2021. the "CEO Factory of India" saw an increase in the average, median and highest salary offered to its MMS batch. JBIMS is one of the few management institutes in India (including some top ranked IIMs) that has shown growth in the average and median salaries offered to MBA students in a pandemic year. However, the average of the top-10% of salaries offered as well as the average of the top-30% of salaries offered dropped by 3% and 6% respectively.
Read JBIMS Mumbai's official placement report on the institute's website.
BFSI & Investment Banking, Consulting Amongst Most Sought After Sectors For MMS Batch of 2021 At JBIMS
The BFSI sector witnessed prestigious companies offering coveted roles to students. Firms such as Citibank, DBS, HDFC Bank, ICICI Bank, IDFC FIRST Bank, IIFL, J.P. Morgan Chase &
Co., Kotak Mahindra Bank, NPCI, Standard Chartered, Yes Bank, etc. offered roles like Advisory, Capital Markets, Investment Banking, Product Management, Wholesale Banking, etc.
The Consulting sector witnessed sought-after companies like Accenture, BCG, Deloitte, Infosys, PwC, ZS Associates, etc. participating in the process. The FMCG, Pharma & Healthcare sector saw leading firms like Colgate-Palmolive, Hindustan Unilever Limited, Medtronic, PepsiCo, P&G, Reckitt, Thermo Fisher Scientific, etc. offering coveted roles such as Corporate Finance, General Management and Sales & Marketing.
Amongst conglomerates, noteworthy firms like Castrol, JSW, Reliance Industries Limited, Tata Steel, Vedanta, etc. offered diverse profiles like Finance, General Management and Sales & Marketing. There was a surge in the number of offers in the Technology & E-Commerce sector. Firms like Amazon, Bristlecone, Cisco, eShakti, Flipkart, Tata CLiQ, TCS, Tech Mahindra, Wipro, Xiaomi, etc. offered several roles in Corporate Development, Financial Planning & Analysis, Product Management, Sales & Marketing and Strategy.
Amongst other sectors, firms such as Feedback Infra, Media.net, Meghe Group, Porter, Spencer's Retail, etc. offered roles in Financial Planning & Analysis, General Management, Product Management, Sales & Marketing and Strategy.
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