SIBM Pune Summer Placements 2021: Highest Stipend Stood At INR 3.5 Lakhs For Two Months

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SIBM Pune Summer Placements 2021: Highest Stipend Stood At INR 3.5 Lakhs For Two Months

SIBM Pune has successfully completed the summer placement process for its MBA flagship batch of 2021-23. This year, the highest stipend offered stood at INR 3.5 lakhs for two months. The median stipend offered was INR 2.31 lakhs and the average stipend stood at INR 2.33 lakhs for the same period.

Let’s look at some key highlights of the summer placements and batch profile of the MBA class of 2023.

Prominent Recruiters at SIBM Pune

Every year, SIBM witnesses a wide array of companies that offer coveted roles in different domains. This year, 75+ recruiters visited the campus and hired the SIBM talent pool in huge numbers.

Asian Paints	Capgemini	Optum
Avalon Consulting	Flipkart	Deloitte
Axis Bank	Godrej	L'Oréal
Bain & Company	Hexaware	Procter & Gamble
Bajaj	JPMC	Rebel Foods

Other notable mentions include top firms such as Morgan Stanley, OYO, Nestlé, Udaan, Vodafone Idea, Wipro, Yes Bank, etc.

SIBM Pune MBA Class of 2023

SIBM 2023 MBA batch is dominated by freshers(38%) and engineers(66%). Commerce graduates also occupy a significant chunk(23%) of the batch. The average age of the batch is 23.71 with an average work experience of around 17.53 months. The work experience of the batch is mostly in the IT/ consulting domains(37%) as many students are engineers. Most of the students have worked for top firms such as Amazon, Deloitte, HUL, KPMG, E&Y, ZS Associates, etc.

SIBM Pune Summer Placement

Professional Background	Percentage(%)
Automotive/Mfg	17
BFSI	7
E-commerce	7
FMCG	6
Healthcare	5
IT/Consulting	37
Others	21

The journey from learning to earning starts here—browse job opportunities in Pune and take a step toward achieving your goals.

SIBM Pune Cutoffs

SIBM Pune accepts SNAP scores for the admission process. Snap is a one hour MCQ test having English, Logic, Data Interpretation and Quant sections. Each wrong answer attracts a penalty of 25% marks.

Section Name	Questions	Total Marks
General English: Reading Comprehension, Verbal Reasoning, Verbal Ability	15	15
Analytical & Logical Reasoning	25	25
Quantitative, Data Interpretation & Data Sufficiency	20	20
Total	60	60

Source: snaptest.org

SIBM Pune requires you to score big in the SNAP test. SIBM Pune usually has high cutoffs in the range of 97-98 percentile. To better understand the score and percentile trend, you can refer to the below table:

SNAP Percentile	SNAP 2020 Score
99.99	54
99.5	48
99	45
98	44
97	43
95	41
90	38
85	36
80	34
75	32

Overall, SIBM Pune witnessed a great summer placement season. The reputed institute has thanked its alumni base, college director and placement committee for their efforts. The institute aims to continuously deliver such results every year and reach new heights.