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SPJIMR Placements 2024: Average Package: INR 33 LPA & Highest Package: INR 81 LPA
SPJIMR Placements 2024: Average Package: INR 33 LPA & Highest Package: INR 81 LPA
SPJIMR Placements 2024 was concluded with 100% placements. SPJIMR highest package stood at INR 81 LPA whereas SPJIMR average package stood at INR 33 LPA. More than 70% of the batch secured offers of INR 30 LPA & 90% of the batch secured offers of INR 25 LPA. Students received 138 pre-placement offers. Offers came from various sectors. Among these, Consulting sector emerged as the top sector with 35% placements. A total of 72 recruiters including 33 new recruiters participated in SPJIMR Placements 2024. Some of the top recruiters included Accenture Strategy, Deloitte, Boston Consulting Group, Nomura etc
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SPJIMR Autumn Internship Placements 2024 recorded 340 offers from 53 recruiters. SPJIMR average stipend increased by 7% at INR 3.15 Lakhs while SPJIMR highest stipend stood at INR 4.40 Lakhs. The FMCG sector emerged as the top recruiting sector with 37% of the total offers followed by the Consulting sector with 25% offers.
Table of Content
2.1 SPJIMR Consulting / IT Consulting Sector Placements 2023
2.2 SPJIMR General Management Sector Placements 2023
2.3 SPJIMR BFSI / Tech & Pharma Sector Placements 2023
2.4 SPJIMR FMCG Sector Placements 2023
SPJIMR Placements 2024 Report
| Particulars | Placement Statistics (2024) | Placements Statistics (2023) |
|---|---|---|
| Number of Recruiters | 72 | 63 |
| New Recruiters | 33 | 33 |
| PPO/PPIs Offered | 138 | 112 |
| Highest Package | INR 81 LPA | INR 77.8 LPA |
| Average Package | INR 33 LPA | INR 33.02 LPA |
| Median Package | INR 31.50 LPA | INR 32.89 LPA |
| Top Recruiters | Accenture Strategy, Deloitte, Boston Consulting Group, Nomura etc | Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy |
- The participating batch had a total of 292 students & all of them got placed.
- The highest package increased by about 4.1% as compared to previous year.
- The average package saw a decline of 0.06% from INR 33.02 LPA to INR 33 LPA.
- 70% of the total students secured salary package beyond INR 30 LPA.
- 90% of the batch secured salary package beyond INR 25 LPA.
- Consulting sector (35%) was the top sector during the 2024 placement drive.
- There was a spike in the Investment Banking roles from recruiters like Goldman Sachs, Nomura & others.
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SPJIMR Placements 2023 Sector Wise Analysis
As per the Information collected by Collegedunia, SPJIMR recorded the highest package at INR 67.50 LPA (Domestic) and INR 77.88 LPA (International). 63 Top Recruiters and 33+ New Recruiters participated in the SPJIMR placement drive of 2023. The following table represents the sector wise analysis for the batch 2023 at SPJIMR:
| Sectors | CTC(LPA) |
|---|---|
| Consulting / IT Consulting | 23 - 45 |
| General Management | 23 - 28 |
| BFSI, Tech & Pharma | 20 - 33 |
| FMCG | 25 - 34 |
| Product Management | 30 |
SPJIMR Consulting / IT Consulting Sector Placements 2023
SPJIMR Consulting / IT Consulting Sector Placements for batch 2023 is tabulated below:
| Company | CTC (LPA) |
|---|---|
| Accenture Strategy | 35 - 45 |
| Alvarez & Marsal | 33 |
| Bain & Co. | 32 - 33 |
| Boston Consulting Group | 35 - 37 |
| Deloitte | 23 - 31 |
| Ernst & Young | 23 - 25 |
| GEP | 24 |
| Infosys Consulting | 24 |
| Kearney | 35 |
| KPMG | 25 - 30 |
| PwC | 24 - 26 |
SPJIMR General Management Sector Placements 2023
SPJIMR General Management Sector Placements for batch 2023 is tabulated below:
| Company | CTC (LPA) |
|---|---|
| Aditya Birla Group | 25 |
| Capgemini ELITE | 23 |
| Mahindra GMC | 26 - 27 |
| TAS | 25 - 28 |
SPJIMR BFSI / Tech & Pharma Sector Placements 2023
SPJIMR BFSI / Tech & Pharma Sector Placements for batch 2023 is tabulated below:
| Company | CTC (LPA) |
|---|---|
| American Express | 28 - 33 |
| Barclays | 30 |
| Cisco | 22 |
| Edelweiss | 26 |
| Flipkart | 25 - 28 |
| HDFC | 22 |
| MakeMyTrip | 20 |
| Microsoft | 32 |
| PayTM | 20 |
SPJIMR FMCG Sector Placements 2023
SPJIMR FMCG Sector Placements for batch 2023 is tabulated below:
| Company | CTC (LPA) |
|---|---|
| Asian Paints | 29 |
| Castrol | 25 |
| Colgate - Palmolive | 34 |
| General Mills | 30+ |
| Godrej | 28 - 32 |
| Hindustan Coca-Cola Beverages | 25 |
| HUL | 34 |
| ITC | 33 |
| Kimberley Clark | 30 |
| Marico | 30 |
| Mondelez | 32 |
| Nestle | 33 |
| Procter & Gamble | 33 |
| Reckitt | 27 - 29 |
SPJIMR Product Management Sector Placements 2023
SPJIMR Product Management Sector Placements for batch 2023 is tabulated below:
| Company | CTC (LPA) |
|---|---|
| Games 24×7 | 30 |
| Samsung Research India | 30 |
SPJIMR PGDM Placements 2023 Salary Statistics
The below table represents the salary statistics of SPJIMR Placements 2023:
| Salary Statistics | Percentage |
|---|---|
| INR 25 LPA & more | 92% |
| INR 30 LPA & more | 70% |
| INR 35 LPA & more | 35% |
| INR 40 LPA & more | 6.6% |
SPJIMR PGDM Placements 2023 Sector - Wise
During SPJIMR Placements 2023, the highest number of placement offers came from the FMCG sector followed by Consulting sector.
The below table represents the sector - wise top recruiters of SPJIMR Placements 2023:
| Sectors | Name of the Recruiters |
|---|---|
| FMCG | Asian Paints, Castrol, Colgate-Palmolive, Godrej Group, Hindustan Unilever Limited, ITC, L’Oréal, Marico, Mondelez, Nestle, P&G |
| Consulting/IT | Accenture Strategy, Boston Consulting Group, Deloitte, GEP Worldwide, Kearney, KPMG, Praxis Global Alliance and PwC US Advisory |
| BFSI, Tech and Pharma | American Express, Barclays, Cisco, Dr. Reddy’s Laboratories, Haleon, Edelweiss, Flipkart, MakeMyTrip, PayTM, ServiceNow |
| Product Management | BookMyShow, Cisco, Games 24×7, MakeMyTrip, PayTM, Play Simple Games, Samsung Research India, Bangalore, ServiceNow, Tata Digital |
SPJIMR Placements 2023 Course - Wise
The below table represents the PGDM and PGPM course - wise highlights of SPJIMR Placements:
| Particulars | PGDM (2023) | PGPM (2022) |
|---|---|---|
| Companies Participated | 63 | 73 |
| New Recruiters | 33 | 15 |
| Total Number of Students | 237 | 114 |
| Number of PPOs/PPIs | 112 | - |
| Highest Package | INR 77.88 LPA | INR 43.92 LPA |
| Average Package | INR 33.02 LPA | INR 25.89 LPA |
| Top 25% Average Package | - | INR 33.63 LPA |
| Top 50% Average Package | - | INR 30.90 LPA |
| Median Package | INR 32.89 LPA | - |
SPJIMR Placements Year - Wise Trends
The below table shows the year - wise trends of SPJIMR Placements:
| Particulars | 2023 | 2022 | 2021 |
|---|---|---|---|
| Number of Recruiters | 63 | 75 | 131 |
| New Recruiters | 33 | 33+ | 75 |
| Highest Package | INR 30.06 LPA | INR 53.16 LPA | INR 46.65 LPA |
| Average Package | INR 19.5 LPA | INR 32.06 LPA | INR 26.06 LPA |
During SPJIMR Placements 2022, the number of recruiters declined as compared to the previous year. The highest package increased from INR 46.65 LPA to INR 53.16 LPA in 2022. The average package increased from INR 26.06 LPA to INR 32.06 LPA in 2022.
SPJIMR Placements 2023 Top Recruiters
| Capgemini E.L.I.T.E. | PayTM | BookMyShow | Hindustan Unilever Limited |
| Aditya Birla Group | Deloitte | Accenture Strategy | Cisco |
| Asian Paints | ITC | GEP Worldwide | Godrej Group |
| Mondelez | L’Oréal | Boston Consulting Group | Tata Digital |
| P&G | KPMG | Colgate-Palmolive | Mahindra GMC |
SPJIMR Autumn Internship Placements 2024 Report
SPJIMR Mumbai also conducts Autumn Internships for its students. The batch of 2022-24 has successfully participated in these internships:
| Particulars | Internship Statistics (2024) | Internship Statistics (2023) |
|---|---|---|
| Number of Companies | 53 | 41 |
| First-time Recruiters | 28% | - |
| Number of Offers | 340 | 312 |
| Number of Participants | 295 | 237 |
| Highest Stipend (For Two Months) | INR 4.40 Lakhs | INR 4 Lakhs |
| Average Stipend (For Two Months) | INR 3.15 Lakhs | INR 2.95 Lakhs |
| Median Stipend (For Two Months) | INR 3 Lakhs | INR 3 Lakhs |
| Top 25% Average Stipend | INR 4.25 Lakhs | INR 3.66 Lakhs |
| Top 50% Average Stipend | INR 3.77 Lakhs | INR 3.34 Lakhs |
| Job Roles Offers | - | Analytics, Consulting, Corporate IT etc |
| Major sector | FMCG (40%) | FMCG |
| Top Recruiters | Amagi Labs, BlinkX, Darwin Box, Phone Pe etc | - |
SP Jain Institute of Management and Research Placements Analysis
As per the data collected by Collegedunia, the following table represents the placement statistics that have been observed up till now:
| Particulars | Placement Statistics |
|---|---|
| No. of Recruiters | 50 |
| Highest Package | INR. 35-40 LPA |
| Top Recruiters | Ecommerce: Amazon, Flipkart, Uber |
| Finance: Goldman Sachs, HDFC Bank, American Express | |
| Consulting: BCG, Bain & Co, EY | |
| General Management: ABG, TAS, Mahindra GMC | |
| Sales & Management: HUL, P&G, ITC | |
| IT & Others: Microsoft, Samsung, BYJUs |
The following graph represents the sector-wise placement statistics:
SP Jain Institute of Management and Research Ecommerce Sector Placements
The following table represents the Recruiter-wise Placement Statistics:
| Company | Role | Salary (INR. in LPA) | No. of students |
|---|---|---|---|
| Amazon | Product, Program, Ops, BD | 35-40 | 13-15 |
| Flipkart | Management Trainee | 25-30 | 3-4 |
| Uber | Ops, Logisticd | 25-30 | 5 in 2019 |
| OLA | Program , Strategy | 25-30 | 3-4 |
| Swiggy | Ops | 20-25 | 2-3 |
| Makemytrip | Product | 16-18 | 3-4 |
| Cloudtail | Vendor Management | 35-36 | 4-5 |
| Grofers | MT | - | 2-3 |
| Ninjacart | Program Manager | 17-20 | 2-3 |
Under the E-commerce sector, the highest package ranged between INR. 35-40 LPA offered by Amazon.
SP Jain Institute of Management and Research Finance Sector Placements
The following table represents the Recruiter-wise Placement Statistics:
| Company | Role | Salary (INR. in LPA) |
|---|---|---|
| Goldman Sachs | IB, Securities | 25-30 |
| Nomura | IB | 20-25 |
| Bank Of America | Markets | 25-30 |
| Sabre Capital | IB | - |
| ICICI Bank | Corp Banking | 16-20 |
| HDFC Bank | Corp Banking | 15-20 |
| American Express | Analyst | 22 |
Under the Finance sector, the highest CTC ranged between INR. 25-30 LPA offered by Goldman Sachs and Bank of America and American Express recruited 2-3 Students.
SP Jain Institute of Management and Research Consulting Placements
The following table represents the Recruiter-wise Placement Statistics:
| Company | Role | Salary (INR. in LPA) |
|---|---|---|
| BCG | Strategy / Consulting | 28-29 |
| Bain & Co | Strategy / Consulting | 27-28 |
| A&M | Strategy / Consulting | 24-25 |
| Accenture Strategy | Strategy / Consulting | 30-32 |
| Deloitte | Strategy / Consulting | 20-24 |
| GEP Worldwide | Strategy / Consulting | 20-25 |
| PwC | Strategy / Consulting | 22-23 |
| KPMG | Strategy / Consulting | 20-22 |
| IBM | Strategy / Consulting | 17-19 |
| EY | Strategy / Consulting | 19-20 |
Under the Consulting sector, the highest CTC ranged between INR. 30-32 LPA offered by Accenture Strategy
SP Jain Institute of Management and Research General Management Sector Placements
The following table represents the Recruiter-wise Placement Statistics:
| Company | Role | Salary (INR. in LPA) |
|---|---|---|
| ABG | Leadership Associate | 25 |
| TAS | TAS Manager | 24-25 |
| Mahindra GMC | GMC Trainee | 26-27 |
| Airtel | Management Trainee | 22-23 |
| Adani Group | Management Trainee | 22-23 |
| Capgemini ELITE | ELITE | 19-20 |
Under the General Management sector, the highest CTC ranged between INR. 26-27 LPA offered by Mahindra GMC.
SP Jain Institute of Management and Research Sales & Management Placements
The following table represents the Recruiter-wise Placement Statistics:
| Company | Role | Salary (INR. in LPA) |
|---|---|---|
| HUL | S&M | 26-27 |
| P&G | S&M | 26-27 |
| J&J | S&M | 21-22 |
| ITC | S&M | 24 |
| Marico | S&M | 23-24 |
| Nestle | S&M | 22-24 |
| Mondelez | S&M | 22-23 |
| Asian Paints | S&M | 22 |
| Colgate Palmolive | S&M | 26-27 |
| Nivea | S&M | 17-20 |
| RB | S&M | 24-25 |
Under the Sales & Management sector, the highest CTC ranged between INR. 26-27 LPA offered by HUL, P&G, and Colgate Palmolive.
SP Jain Institute of Management and Research IT & Other Sector Placements
The following table represents the Recruiter-wise Placement Statistics:
| Company | Role | Salary (INR. in LPA) | No. of students |
|---|---|---|---|
| Microsoft | GSMO | 30-32 | 2-3 |
| Media.net | Product | 22 | 1-2 |
| Intuit | Product | - | 1-2 |
| Cisco | Product | 20-24 | 2-3 |
| Samsung | Product | 22 | 2-3 |
| Freshworks | Management Trainee | 20-23 | 5-6 |
| Byju's | Strategy, Product | 25-28 | 1-2 |
SPJIMR Alumni Network
| Name of Organizations | Number of Alumni |
|---|---|
| Larsen & Toubro | 385 |
| Accenture | 339 |
| Amazon | 309 |
| Deloitte | 206 |
| Tata Consultancy Services | 156 |
| EY | 130 |
| Cognizant | 109 |
| 100 | |
| Unilever | 98 |
| Procter & Gamble | 97 |
| PwC | 96 |
| Microsoft | 78 |
| Flipkart | 73 |
| Boston Conculting Group | 70 |
| Medtronic | 64 |
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SPJIMR Placements FAQs
Ques. How many recruiters participated in SPJIMR Placements 2023?
Ans. 63 recruiters participated in SPJIMR Placements 2023.
Ques. How many new recruiters participated in SPJIMR Placements 2023?
Ans. 33 new recruiters participated in SPJIMR Placements 2023.
Ques. How many PPOs were received during SPJIMR Placements 2023?
Ans. Students received 112 PPOs during SPJIMR Placements 2023.
Ques. How was PGDM Placements at SPJIMR?
Ans. During SPJIMR PGDM Placements 2023, 63 recruiters participated. Some of the top recruiters included Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy etc. The participating batch received 112 PPOs. The highest package stood at INR 77.8 LPA & the average package stood at INR 33.02 LPA.
Ques. How was PGPM Placements at SPJIMR?
Ans. During SPJIMR PGPM Placements 2022, the average package stood at INR 25.89 LPA. Consulting sector emerged as the top recruiting sector with 44% offers. 73 recruiters participated in the placement drive. Some of the top recruiters included Accenture, Axis Bank, Ernst & Young, Cognizant etc.
Ques. What was the highest package? offered during SPJIMR Placements 2023?
Ans. The highest package offered was INR 77.8 LPA during SPJIMR Placements 2023.
SP Jain (SPJIMR) Highest and Average Package
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Why To Join SP Jain (SPJIMR) - Reviews & Rating
Most Popular Tags
Likes
- The pedagogy is really amazing and stressfree
- They provide accommodation which has all the facilities which a student will need.
Dislikes
- Sports facilities are shared with other colleges under Bhavans Trust
- Only the academic block is exclusive to SPJIMR, other parts of the campus is common for other institutes within the Bhavan's College.
Placement Experience:
We have our Internship placements after our Core Term is over, which is term 4. It happens around the time of July, which is almost a year after students have joined the campus. Final placements happen in early January.
Placement Experience:
SPJIMR is one of the only colleges to offer Autumn internships instead of Summer. This happens right after Trimester 4 and quite a lot of well-known companies including Accenture, Mahindra, ITC, and P&G visit us for placements. 100% of the students get placed. I plan to appear for placements in a renowned FMCG company as well
Placement Experience:
Placements season starts from 2nd year, various companies visit campus and offer varied profile roles. The package starts from 10 lacs and goes on till 20 depending on the company. 100% students are placed every year, companies like JP MORGAN, ITC, HUL, etc visit campus
Placement Experience:
Placements are top notch! The highest ctc is around 47-48 lakh Rupees and the average ctc is also a very good figure of around Rs 26.5 lakh Rs per annum. Top recruiters are from fmcg giants, IT sector, BFSI's, Consulting firms, etc.
Placement Experience:
Securing 100% placement, SPJIMR had some of its best placements the previous year. The consulting industry came out on top, with the highest CTC of Rs.46.45 LPA. Accenture Strategy, Bain & Co., Boston Consulting Group.
Placement Experience:
The placement infrastructure is excellent, with numerous firms including as ABC, Microsoft, Google, Flipkart, Wipro, TCS, and others visiting campuses. INR 47.00 lakhs is the highest yearly pay, while INR 27 lakhs is the average ctc.
Placement Experience:
Awesome placement opportunities here, being a top-10 B-school helps as well as being situated at Mumbai, the financial hub of the country. A few names of companies I have mentioned earlier, detailed placement stats available online everywhere. The highest package goes above 40 LPA while the minimum hovers around 16-18 LPA, and the average goes around 25-26 LPA. The profiles vary from consulting, FMCG roles, IT, product management, etc. The entire batch got placed as it happens each year. My plans – leveraging the learnings I have gained and apply them real-time in practical business use cases to help my organization.
Placement Experience:
Placements are excellent. The average and median package for the 2021 batch was above 25lpa. Job opportuities are available in varied sectors like Consulting, Marketing, E-commerce, FMCG, IT Consulting, Finance, Banking etc
Placement Experience:
The average placement stands around Rs 27 lakhs. The median placement stands around Rs 25 lakhs. The highest package offered is Rs 51 lakhs(approx). 100% of students are placed. 135 recruiters participated in the process few of which include Adani, P&G, Amazon, Google, Microsoft, LG etc.
Placement Experience:
Key recruiters include Airtel, Reliance Jio, Adani, Aditya Birla, Axis Capital, ICICI Bank, Nestle, L'oreal, HUL, Google etc. The highest package offered is Rs 59.12 lakhs. The average package is Rs 25 lakhs approximately. The median salary remains around Rs 27 lakhs.132 companies visited the campus for recruitment and the entire batch got placed.
SP Jain (SPJIMR): 24 Answered Questions
How honest are the non-IIM MBA colleges (SPJIMR, NMIMS, SIBM, XLRI) when they say their average package is 12-15L?
SPJIMER, SIBM, and XLRI placement reports are pretty accurate. Rather than the typical average/median CTC method, SPJIMER publishes its placement report in IPRS format. Every figure mentioned in the placement report is true to the 2nd decimal point.
XLRI and SIBM also keep the placement report transparent. SIBM gets its placement audited regularly. As per the 2022 placement highlights, the average CTC for SPJIMER, SIBM, and XLRI were INR 23.6 LPA, INR 23.06 LPA, and INR 30.73 LPA respectively.
NMIMS inflates the report. The numbers are quite high.
How much do the top B-schools like the IIMs FMS, MDI, XLRI, SP JAIN, JBIMS, IIFT, and NITIE inflate their placement reports?
In the placement process, it is not always the B-Schools that are responsible for reporting inflated packages, but rather the companies. The figure reported by placement cells is referred to as the "Cost to Company" (CTC) and not the take-home salary. This means that simply dividing the CTC by 12 is not an accurate reflection of what you will receive in your bank account each month.
CTC consists of two main components: fixed and variable. The fixed component includes your basic salary, HRA, TA, LTA, employer's contribution to the provident fund, joining bonus, retention bonuses, and ESOPs. The variable component is based on both your performance and the company's performance and is paid out in lump sums either yearly or half-yearly.
Your take-home salary at the end of each month is calculated as basic salary + HRA + TA + other allowances - provident fund deduction - tax. The remaining amount is given to you at the end of the year. To illustrate how companies may inflate their CTC figures, here are a few examples:
- Amazon:
Fixed component: 9 lakhs
Year 1 end retention bonus: 2 lakhs
Year 2 end retention bonus: 1.5 lakhs
ESOP: 5 lakhs to be paid over 3 years
Performance bonus: separate/not reported CTC: 17.5 lakhs
Take-home salary: 65-70k
- Goldman Sachs:
Fixed component + Variable component: 14.5 lakhs
Relocation: 2,00,000 INR (one-time payment)
Supplemental Salary: 3,50,000 INR (supplemental salary is an accrued bonus paid out in monthly installments pro-rated from the date of joining, only applicable during the first year of joining)
CTC: 20 lakhs
Take-home salary: 95-98k
- RBS India Development Center (Royal Bank of Scotland back-end):
Fixed component: 9 lakhs
Variable component: 10-20% of a fixed component
CTC: 10.8 lakhs
Take-home salary: 65-68k
As seen from the examples, despite Amazon having a CTC that is double that of RBS IDC, their take-home salary is the same. This is the typical way it works. The placement teams likely do not have much control over the process.
How is SPJIMR's placement report better than IIMs including IIM Calcutta and as good as IIM Ahmedabad (both Average and Median)?
Here are a few possible reasons why SPJIMR placements are better than or equally good as IIMs
- SPJIMR has a much smaller batch size in comparison to IIMs and thus the average rises.
- SPJIMR has a very rigorous selection process that filters the best students and the recruiters are well aware of this.
- SPJIMR enjoys a great location maximizing the exposure and opportunities rendered to the students.
- The students perform exceptionally well in the placement interviews and thus secure high packages.
It's important to note that these reasons are just based on speculations and it cannot be exactly determined why some placements are better than others.
Which one is better: IIFT Delhi, JBIMS or SP Jain (Marketing) if I was looking for good placements and brand and I have converted all three?
To choose a college that is perfect for you, one needs to ponder various questions repeatedly. These questions will help you get a clear idea about what you want from MBA and which college will help you achieve that.
- Which area do you want to specialize in?
- Are you included towards functional level clarity (Operations, Finance, Marketing, Tech) or granular level clarity (FMCG marketing/Digital e-commerce marketing/Sales or Product Management/Project Management or General Management)
If the answer to it is yes, then analyze the reports of these institutes to find where each one of them stands. Looking at average CTC is not the right way and is in fact misleading.
Other things you should consider before choosing a B School are
- The admission procedure and the level of difficulty of entrance exams if these colleges
- The practicality and relevance of the curriculum as per the recent industrial trends
- The profiles of your batchmates and their diversity The size and brand of the alumni base and the opportunities you will be availing through them
- The importance of overall personality grooming
One thing you should keep in mind is that brands are just a stepping stone in your career journey and not the main factor. These institutes have been able to establish the brand name mainly because of where their alumni have reached now. So brands are helpful in the short run only.
How are SPJIMR operations compared to NITIE operations in terms of placements, alumni, and teaching?
When it comes to operations, NITIE is unbeatable compared to SPJAIN for at least the next ten years, and the same is true for finance and marketing, as NITIE cannot beat SPJIMR for the next decade. Here are some reasons to consider:
- Placements: If you're an operations graduate, NITIE has every recruiter you could possibly want, giving you more options to select the profile you want. Additionally, the average package is higher in SPJMIR, but that's due to factors such as batch strength with no reservation and the ability of private institutes to do more than government institutes. Overall, NITIE is the best choice for placement based on operations.
- Alumni: NITIE has a legacy of producing excellent graduates, and you'll find NITIE alumni at virtually every company.
- Teaching: SPJIMR has better professors for general courses, but NITIE has exceptional professors for operations elective courses. Ultimately, both are equivalent, and it comes down to how many case studies you complete.
- Diversity: NITIE only has engineers, while SPJIMR has a more vibrant crowd. Therefore, SPJIMR has the advantage in this area.
- ROI: Return on investment is the most important criterion when choosing a college. NITIE has the best ROI after FMS, making it an obvious choice. Big loans can drag down your package by 5-6 L a year, which is not worth it.
- Campus life: While my knowledge about this factor is limited, I have heard that SPJIMR doesn't have a proper campus and shares it with other colleges. NITIE has a larger and better campus, especially for nightlife.
Overall, NITIE is a much better option than SPJIMR for operations and as a college in general. While SPJIMR has excellent marketing strategies, factors such as GFT and Rural internships are just gimmicks to bring the college into the top 10. Additionally, SPJIMR began inflating their placement reports due to institutes like MDI doing the same. It's essential to check the data for yourself and not settle for others' beliefs, as everyone has their own. NITIE is relatively unknown due to being a government institute that cannot advertise like SPJIMR or MDI. Additionally, the operation is not as prestigious a stream as finance and marketing in the corporate world, giving NITIE a bad reputation. However, NITIE is the clear choice for operations, and you should do your research and make an informed decision.
How is PGPM in Information Management from SPJIMR, in terms of placements and kind of roles offered?
Completing a specialization in a particular field can present many exciting career opportunities for a candidate. In the case of Information Technology, there are several career tracks that an individual can pursue. These include roles in Corporate IT, Consulting, Digital Businesses, Analytics, and IT Services and Products Management.
Each of these roles is at a mid to senior leadership level and is highly sought after by multinational corporations. These companies typically offer attractive compensation packages, including competitive salaries and benefits.
It is also worth mentioning that the institution offering the specialization program, in this case, SPJIMR, is among the very few that undergo a CRISIL audit. This level of scrutiny provides assurance to potential employers and highlights the high-quality education and training received by the candidate. The CRISIL audited report can be accessed on the SPJIMR website for those who are interested in learning more.
In conclusion, pursuing a specialization in Information Technology opens the door to many rewarding and lucrative career opportunities. With the right education, training, and experience, an individual can build a successful career in the dynamic and fast-paced world of technology.
Which is a better college between IIFT/SP Jain/XLRI and FMS in terms of placements and students?
IIFT, SP Jain, XLRI, and FMS all four institutes are reputed and counted among the top B-Schools in India. For these institutes, your preference order should be as follows.
FMS>IIFT>XLRI>SP Jain
This ranking is based on different parameters such as academics, placements, ranking, faculties, student crowd, etc. FMS offers the best ROI. According to the recent placement highlights, the average CTC for the institute is INR 32.4 LPA. While FMS Delhi fees are around INR 1.92 Lakhs.
How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
- The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
- You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
- But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
- Performing well in the competitions conducted by your desired company is another way to get a high-paying job.
- If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
Is an MBA from JBIMS better than SP Jain from a placement point of view?
From the point of view of batch strength, JBIMS has a smaller batch size of 120 students, while SP Jain has a larger batch size of 300 students. The list of companies visiting both campuses is similar, but due to the smaller batch size at JBIMS, the options available per student are higher, resulting in better placement opportunities.
In terms of cost, JBIMS has a lower fee structure of approximately 1 lakh per year, while the fees at SP Jain can reach 10 lakhs per year when including all expenses. This results in a higher return on investment for JBIMS.
In terms of the quality of education, both colleges are equally good, but it is important not to only consider the quality of education when making a decision. Networking opportunities should also be taken into consideration, and JBIMS offers strong networking opportunities due to its strong alumni base.
In conclusion, both colleges offer great placement opportunities and it is up to personal preference and individual circumstances to determine the best option.
JBIMS saw a significant increase in average salary in 2022, rising over 20% to INR 27.63 LPA. The median CTC was INR 26.48 LPA, and the highest salary offered was INR 42 LPA. Consulting firms were a major presence during the placement drive, with companies such as Deloitte, EY, PwC, Accenture, Infosys, and KPMG among the top recruiters.
During the SPJIMR Placements 2022 Report, 75 recruiters visited the campus, with top companies including Accenture, Aditya Birla Capital, Amazon, and American Express. PGDM students received 123 PPOs/PPIs, with the highest salary offered at INR 53.16 LPA and an average salary of INR 32.06 LPA.
How is the PGDM marketing program at SPJIMR? Also, can you shed light on the placement scenario as well?
The SPJIMR PGDM Marketing program is similar to top B Schools like IIM ABC. The key highlights of the same program are listed below. Please note these are not generic and are specifically related to the Marketing program.
Curriculum: The curriculum is almost exactly what is taught at elite B Schools. The relevancy of the curriculum is maintained through unique programs like GFT wherein a 3-week immersion at some of the finest universities of the USA takes place. A very interesting program called ‘A day in the life of a Salesman’ is a much talked about program at SPJIMR. In this, you will get to shadow a salesman from a reputed FMCG company so that you understand the techniques of sales and distribution.
Pedagogy: The pedagogy adopted is usually a case-based approach. Mostly Harvard cases are used to strike discussions in the classrooms. Additionally, live projects are conducted by various visiting companies. Such initiatives help formulate an effective pedagogy.
Faculty: The faculty is a great combination of professors with theoretical knowledge and industry experts. All are highly competent in their respective fields.
Batch: The diversity of the batch can be looked up on the official website by checking the profiles of the Marketing batch specifically. Usually, the crowd is diverse and has an overall good profile.
Placements: The placement statistics can be checked on the official website. The figures are inflated but can be used for comparison purposes only. The table below includes the key highlights of SPJIMR placements 2023
|
Particulars |
Statistics |
|
Highest salary |
INR 77.8 LPA |
|
Average salary |
INR 33.02 LPA |
|
Top Recruiters |
Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy |
SP Jain (SPJIMR) Alumni Distribution by Sector
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Aditya Birla Group | Bain & Company India Private Limited | Cisco | Flipkart |
| IBM | Johnson & Johnson | Mahindra & Mahindra | Barclays Bank |
| Deloitte | Goldman Sachs | ITC | Samsung |
| Tata Steel | American Express | Citi Bank | Hindustan Unilever Limited |
| Philips | KPMG | MakeMyTrip India Pvt. Ltd. | Capgemini |
| Godrej & Boyce | Glaxo Smithkline Consumer Ltd (GSK) | Pidilite Industries | Nestle India |
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