A highest stipend of INR 3.20L rocks the SCMHRD summer placement drive 2020
Symbiosis Centre for Management and Human Resource Development(SCMHRD) concluded its summer placements which saw legacy as well as first time recruiters offering roles to the students. With a diverse background of their students and rise in the average stipend offered across various sectors, the SCMHRD summer placement drive 2020 had it all.
Here are some key highlights from this drive :
| Key Highlights | |
| Number of companies | 65+ |
| Highest Stipend | INR 3.20L |
| Average Stipend | INR 1.62L |
| Median Stipend | INR 1.50L |
| Top 10% | INR 3.05L |
| Top 25% | INR 2.60L |
| Top 50% | INR 2.19L |
| Offers greater than or equal to 2L | 34% |
A sector wise breakdown is given below :
| Stipend | Marketing | Finance | HR | Operations |
| Maximum | 3.2 | 2 | 3.2 | 1.4 |
| Average | 1.7 | 1.11 | 1.66 | 1.2 |
| Median | 1.5 | 1 | 1.5 | 1.2 |
Consulting
- 47% of all Consulting offers extended came from Deloitte and Marsh.
- A 28% hike in average stipend was seen.
- INR 2L was the highest stipend in this sector.
- 63% of the offers came with a stipend of INR 1.40L
BFSI
- Investment Banking roles doubled this year.
- JPMC, Nomura and HSBC offered roles in IB, Wealth Management, and Equity Research.
- A 41% increase in average stipend was seen.
FMCG/FMCD
- 27% of the batch was placed in this sector.
- The highest stipend offered was INR 3.20L.
- 66% offers were for Sales & Marketing roles.
Tech + IT/ITeS
- 15% of the batch got placed in this sector.
- Maximum stipend offered was INR 2L.
- A 37% increase in average stipend was seen.
- Wipro, Capgemini, Cognizant and Genpact were some of the marquee recruiters.
Healthcare/Pharma
- A 21% increase in average stipend offered.
- 78% of offers were of INR 2L or more.
Manufacturing & Engineering
- A 25% increase in average stipend offered.
- Maximum stipend offered was INR 2L.
- 11% students were placed in this sector.
Below are the marquee recruiters that participated in the SCMHRD summer placement drive 2020
| Deloitte | PwC |
| Aditya Birla Group | HUL |
| AON | JP Morgan Chase & Co |
| L'Oreal | Cognizant |
| Piramal | Intuit |
| Johnson&Johnson | Maersk |
| Reliance Industries Limited | Nivea |
| Amway | Vodafone |
| OYO | HSBC |
| Edelweiss | Diageo |
| Ecolab | Honeywell |
| Colgate Palmolive | Vodafone Idea |
| Maersk | IBM |
| Sony Pictures Network | Genpact |
| L&T | ITC |
| Edelweiss Tokio | NBHC |
| Wipro | Signify |
| Envestnet Yodlee | UPL |
| Aditya Birla Fashion & Retail | AkzoNobel |
| DCM Shriram | Ninjacart |
| Marsh | Aditya Birla Ultra Tech |
| Indigo | Perfetti Van Melle |
| RenewBuy | Titan |
| JLT | Emids |
| Brillio | BD |
| Optum | Boehringer Ingelheim |
| Cisco | Cummins |
| EY | Eaton |
| Lear Corporation | Philips |
| TIAA | |
The corporate world reaffirmed their faith in the institution by offering coveted roles in their organisations. This further helps their upward trajectory of growth.