The SPJIMR placements office released detailed placement numbers on Jan. 04, saying that 35 per cent of the 238 participants from the PGDM Class of 2018 were placed with top consulting firms, translating to a 30 per cent increase in the consulting area over the previous batch.
The average salary increased to Rs. 22.24 lakhs, up from Rs. 20.9 lakhs the previous year. Over 92 per cent of the PGDM Class of 2018 batch received offers in excess of Rs. 17 lakhs. The median salary for the batch stood at Rs. 21.25 lakhs, an increase from the Rs. 20 lakhs reported last year. This placement season saw participation from 105 companies on campus to hire the 238 participants from the class of 2018.
SPJIMR Deputy Director - External Relations, Prof. Abbasali Gabula said, "The placements performance of the Class of 2018 has set new records. The huge jump in consulting offers is due to the selfless efforts of the faculty, staff, alumni and in particular the members of the second-year Placements Committee."
"More than 50 per cent of the Class of 2018 received pre-placement offers and pre-placement interviews through their autumn internships at top companies, which included leading corporates like Boston Consulting Group, Tata Administrative Services, HUL, P&G, Amazon, Axis Bank, GE, AstraZeneca, among others. The large number of such offers served as an endorsement by the corporate world of SPJIMR's unique initiative of autumns internships vs summers during which students work with a non-profit in the rural areas," added Prof. Gabula.
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