SPJIMR Placements 2022: PGDM Students Break Records With Highest CTC of 53.16 LPA; Avg CTC Stood at 32.05 LPA

Bhartiya Vidya Bhavan - SPJIMR, the premier B-School in Mumbai, managed to break all its previous placement records when the 2021-2022 batch secured an average CTC of 32.05 LPA. The institute and the students collaborated in dire times of Covid 19 to achieve this amazing feat. Many big names in the industry took part in the placement drive which saw 87% of the students getting a CTC of at least 25 LPA.

Consulting and FMCG were the two sectors where 60% of the batch got placed. Private Equity, E-commerce, Tech, and BFSI also saw several inductions. 87% of the students in the batch secured placements above 25 LPA.

SPJIMR Placements Overview 

The most striking feature of the 2022 placement season at SPJIMR was the number of students who received Pre-Placement Offers (PPO). The impressive performance of many in the autumn internship period led to full-time offers in top companies. Corporate competitions were another medium through which many students got PPOs. Overall, 52% of the batch got placed through PPOs.

Several roles in General Management were also offered by firms like Capgemini, ELITE, Tata Administrative Services, and Mahindra GMC. Along with the regular ones, there were also 75 first-time recruiters who joined the placement drive at SPJIMR 

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High Productivity in SPJIMR Placements 

According to Prof. Abbasali Gabula - Associate Director of External Relations at SPJIMR - the changes in the business environment in general, combined with the student's performance in the autumn internships, helped to turn 2022 into a highly productive placement season at SPJIMR.

"We faced special challenges this placement session particularly as the institute re-opened and then closed again with the third wave of the pandemic”, he said. However, the placement team at SPJIMR made the required adjustments, and the students also came forward to assist in the process. 

“The students came together and as a team [and] we ensured that the season's performance was one of the best we have seen in recent times." Prof Gabula further said.

Top Companies Hiring from SPJIMR

The Consulting sector - which attracted 38% of the students - had key players like Accenture Strategy, Alvarez and Marshal, Boston Consulting Group, Deloitte, and KPMG. In the FMCG sector, companies like Asian Paints, Colgate-Palmolive, Hindustan Unilever, and Proctor & Gamble were the major names. 

Nearly 40% of the PGDM batch got placed in E-commerce, BFSI, Private Equity, and Tech.

Let’s look at some of the top companies in these sectors who hired from SPJIMR in 2022.

• Amazon
• American Express
• Flipkart
• Goldman Sachs
• Microsoft
• Make My Trip
• Axis Capital
• GEF Capital

Summing up...

SPJIMR has shown that even in the difficult times of Covid 19, it is possible to be productive with placements. When institutes imbibe students with the right skillset and give them enough opportunities for industry exposure, not even Covid can stop their march to success. It is not a miracle, but the result of hard work by both the institute and the students.

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