SPJIMR Mumbai's PGDM batch of 2023 had a successful final placement season, with both the median and average salaries increasing from the previous year. The highest salary offered was 77.88 lakhs, and more than 90% of students received offers of at least 25 lakhs. A wide range of prominent companies, such as BCG, Bain, HUL, American Express, and others participated in the placement process. Here's a quick breakdown of SPJIMR's final placements 2023!
SPJIMR Mumbai PGDM Final Placements 2023: 92% of the batch secures salaries upward of 25 lakhs
- The highest international salary stood at a whopping 77.88 lakhs, while the highest domestic salary stood at 67.50 lakhs.
- The median salary for the batch stood at 32.89 lakhs, increasing by 9% over the previous year.
- The average salary increased by 3% over last year, standing at 33.02 lakhs.
- 92% of the batch received salary greater than 25 lakhs per annum, and 70% of the batch secured offers above 30 lakhs.
- 7% of offers were equal to or greater than 40 lakhs per annum.
Also Read → What Salaries Do SPJIMR's PGDM Students Get? - Analysing Placements At SPJIMR
SPJIMR Mumbai PGDM Final Placements 2023: More than 47% of SPJIMR batch receives PPOs
- A total of 63 companies participated in SPJIMR's final placements process, including 33 first-time recruiters. 237 students participated in the placement process.
- Top brands on campus included BCG, Bain, Accenture Strategy, HUL, Nestle, P&G, American Express, Barclays, Edelweiss, Aditya Birla Group, TAS, and Mahindra GMC, among many others.
- SPJIMR's batch of 2023 secured 112 pre-placement offers (PPOs) from top companies like American Express, Accenture Strategy, Boston Consulting Group, Colgate-Palmolive, Hindustan Unilever Limited, Procter & Gamble, and Tata Administrative Services among many others.
- FMCG was the top-recruiting sector at SPJIMR, extending offers to 35% of the batch. Consulting came in at a close second, with companies in that sector making offers to 32% of the batch.
- 31 percent of the Information Management batch secured Product Management roles at leading technology companies.
- Offers in investment banking increased by 75% compared to last year
SPJIMR Final Placements 2023: Top Recruiters Continue To Hire From SPJIMR
While Consulting was the top-recruiting sector last year, FMCG emerged as the largest recruiting sector, extending offers to 35% of the batch—up from 22% in the previous year. Consulting firms made offers to over 32% of the batch.
BFSI, IB, PE, VC and Hedge Funds hired 23% of SPJIMR's Finance cohort. Record number of front-end investment banking roles were offered by marquee firms in the BFSI sector. Offers in investment banking increased by 75% compared to last year.
Despite a slowdown in the tech sector, 31% of the Information Management specialisation was placed in Product Management roles. The institute saw an overall increase in the number of Product Management offers compared to the previous year.
Top General Management recruiters included Aditya Birla Group, Capgemini E.L.I.T.E., Mahindra GMC, and Tata Administrative Services.
Read Next → How Ayan Saha Made It To SPJIMR Mumbai In His Third CAT Attempt
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