SPJIMR placements 2021 done and dusted with the highest CTC of INR 44 LPA!

SPJIMR placements 2021 ended on a high note. In a record time of two days with enthusiastic corporate participation, Bharatiya Vidya Bhavan's SPJIMR successfully completed its final placements for its PGDM batch of 2021 with an average annual salary of INR 25.86 lakhs per annum, close to the last year's figure.

The key highlights of SPJIMR placements 2021 are as follows:

What were the numbers like for SPJIMR placements 2021?

Around 50 percent of the batch bagged PPO/PPI prospects through the autumn internship and corporate competitions, amid the challenges raised by the pandemic.

This year, a total number of 131 companies participated in the process, rising from 122 last year. 

The average annual salary (cost-to-company) this year was INR 25.86 LPA. This is similar to what was reported last year. The median annual salary was INR 25 LPA, with over 26 percent of the batch securing offers in excess of INR 30 LPA, and over 80 percent in excess of INR 20 LPA.

Consulting emerged as the largest hiring sector at SPJIMR this year, with consulting roles being offered to 36 percent of the batch of 233 students.  Participants suggested that marquee consulting firms such as Accenture Strategy, Bain & Co., and Boston Consulting Group were some of the prominent recruiters this year. 

Prominent recruiters

Consulting/ IT Consulting

This year saw a steady increase in offers made by consulting recruiters, with the sector becoming the largest recruiter with more than 36 percent of the opportunities for the batch. The maximum number of deals is made by Deloitte USI and PwC US Advisory. Other industry leaders, including Accenture Strategy, Bain & Co., Boston Consulting Group, EY GDS, GEP, IBM Consulting, Infosys Consulting, and KPMG also participated in the domain.

FMCG

In the FMCG market, SPJIMR has retained its niche. Industry giants such as Asian Paints, Colgate-Palmolive, General Mills, Hindustan Unilever, ITC, Johnson & Johnson, L'Oréal, Marico, Mondelez, Nestle, Pidilite, Procter & Gamble, and RB made more than 40 offers. This was further supported by the return of new recruiters such as Himalaya and GSK Consumer Health resulting in over 18% of the batch being placed with the industry. Coveted roles in Sales & Marketing, Systems, Corporate Finance, and Supply Chain Operations were also rolled out.

BFSI

International financial service companies such as American Express, Barclays, Citi, HSBC, along with home-grown giants like Bajaj Finserv, IDFC First Bank, ICICI Bank, PayTM, and Yes Bank participated in the SPJIMR placements 2021, rolling out about 30 deals. Investment banks were also involved in the process, such as Axis Finance, Jefferies, and Nomura, and investment management and asset management companies such as DE Shaw and ICICI Prudential AMC.

E-commerce 

The e-commerce industry boom brought in nearly 30 batch deals made by industry leaders such as Amazon, Cloudtail, Flipkart, Go-MMT, Grofers, and Prione for the batch. Recruiters offered a plethora of new roles in this space, offering participants plenty of choices to choose from.

Leadership roles and general management

This year, the top recruiters in this group include conglomerates such as Amazon, Capgemini ELITE, Godrej, Mahindra GMC and Tata Administrative Services, rolling out 27 deals.

The overall SPJIMR placements 2021 highlights the mettle of its students who are prepared to take on onerous positions!

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