Final Placements : SPJIMR Mumbai – Class of 2013 (Unverified Report)
This is an unverified report. We wrote to SPJIMR asking for the report in the InsideIIM format but we did not receive any response.
However, you can expect the CRISIL audited report later on in the year. It will help you get the accurate mean/median domestic and international salaries. But that’s about it. The IPRS report does not cover job profiles. We believe that ‘type of roles offered’ is a better indicator of placement quality on any campus than ‘average salary’. We try to throw some light on it through the placement reports in our format. However, it is very difficult to do this for institutes like SPJIMR. We will do a short analysis based on the data available on their website.
Banking & Finance
45 students to be placed in Finance. Must have been slightly tougher this year. But SPJIMR has a decent PPO/PPI record and some recruiters are certain to support because of good relationship management over the years.
The website says – “Offers were received across a plethora of functions ranging from Investment Banking , Corporate Banking, Institutional Equities , Equity Research , Credit Rating, Credit Risk, Treasury , Project Finance and Corporate Finance.” However, we do not know which companies recruited for which of these roles.
JP Morgan, Deutsche Bank and Nomura – None of these roles are front end roles. They can be classified as middle office/support roles across IB/Markets/Risk/Research
Citibank – Long term recruiter at SPJIMR. Corporate/Retail/Transaction Banking roles. No front office Investment Banking or Financial Markets offers.
Other names are – Edelweiss, GE, Franklin Templeton,ICRA, Axis Bank, Yes Bank, SBI Caps and TATA Capital.
Edelweiss, TATA Capital and SBI Capital offer interesting opportunities in IB/Markets/Project Finance.
Consulting & General Management
Accenture Management Consulting, Bristlecone, Capgemini, Cognizant Business Consulting, Deloitte, Ernst &
Young, KPMG, Miebach Consulting, PwC , PRTM Consulting, TSMG among others.
If you have been following our reports, it should be fairly easy for you to figure out by now which of the above would offer Business Consulting roles and which ones would offer Business Process/IT/Supply Chain Consulting roles.
TAS, Mahindra and Mahindra, Reliance, Ranbaxy and Raymond are the marquee names in General Management. TAS has been a long term recruiter at SPJIMR now.
Website says – “27% students were doled out offers by the FMCG sector”. However, we would not know the split of offers for Sales & Marketing, Operations/Supply Chain, IT or Finance. You would have to depend on the word of current students whom you know at SPJIMR.
SPJIMR has an impressive line-up of FMCG names. Hindustan Unilever Ltd., P&G, Kraft,PepsiCo, GSK, Johnson and Johnson Consumer, Asian Paints, Britannia, Marico, Coke, L’Oreal, Reckitt Benckiser, Marico, Wipro Consumer. However, we cannot tell you which companies made offers or how many offers were made for Marketing and Brand Management from the list above.
In the overall analysis, not only does SPJIMR have a very impressive FMCG line-up but also the placements for Marketing in general are one of the best in the country.
Technology, E-Commerce, Marketing, Strategy, Other Niche roles
In addition to roles in the previously mentioned domains/sectors the roles below lend a good balance to ensure there are quality opportunities for a batch of 180.
BD/Marketing/Strategy : Airtel, Vodafone, Philips, Raymond, 3M, Cummins
Tech & E-Commerce : Microsoft, Google, Dell, HCL Technologies offered Sales roles. Amazon, Directi, Makemytrip and Interglobe made offers too.
AC Nielsen made exclusive offers for their Emerging Leaders Program. Texas Instruments & Shell offered roles in Procurement, Inventory and Product Life Cycle Management.
Foreign offers were made by Ranbaxy, Jumbo Electronics
Other Important Statistics
|Participants in the Batch||176|
|No. of Students Opting Out||2|
|Total Number of Offers Made||206|
|Number of participating Companies||97|
|Average Salary||INR 16.13 Lacs|
Total Number of PPOs/PPI = 85. However, we do not know the split. PPIs as a statistic is not of too much use if we do not know how many were converted into a final offer.
● 61% of the batch has offers of Rs. 15 lacs and more
● 83% of the batch has salaries of Rs.13 lacs and more
● The median salary for the batch of 176 students was 15.95lacs
We believe that SPJIMR is one of the more transparent business schools in India. It is the only school in the top 10 that has subjected itself to IPRS after IIM Ahmedabad. It is a different business school in many ways. We hope that they provide us with information in the manner deemed useful by both aspirants and potential recruiters, i.e. in the InsideIIM format. It will only help them talk about their achievements better
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