The Impact of an International MBA Degree on your Career
Most MBA graduates aspire for an international career that promises to give them exposure to global business and global business communities. Unlike a decade back, the nature of international careers has evolved significantly. International careers can be seen as a continuum – on one end are the traditional international careers that demand employee movement and immersion in newer markets, so as to engage with potential clients and customers. On the other end of the continuum are ‘borderless businesses’ that are going global, catering to different regional or global markets and clients. These firms offer ‘quasi-international’ careers to their employees who deal with international clients and teams, while being located within their home countries.
The pandemic brought a halt to international mobility and thereby the traditional international careers. However, in recent times, changes at workplaces, adoption of technology and demands for newer skills has resulted in skills shortages in many international markets. This has compelled many MNCs to focus on attracting and retaining high calibre talent to address their growing skills shortage across international markets. There is also a surge in digital businesses, and resultant growth in firms seeking talented employees who can cater to growing international clients / customers. In most cases, these ‘quasi-international’ roles become a steppingstone for a future international career. MBA graduates stand to leverage from both these trends and secure an international career if they are able demonstrate necessary attributes to succeed in an international career.
This is where an International MBA degree becomes a differentiating factor! An international MBA degree equips students with key competencies that are demanded by employers. An international MBA is a proven strategy to accelerate international career by equipping students with some critical competencies.
Q: What is the average salary of SP Jain School of Global Management MBA?
The institute has released the average salary details for Global MBA and MGB. During 2023 placements, the average package for Global MBA and MGB stood at INR 32.11 LPA and INR 19.84 LPA, respectively. The following table depicts the SP Jain School of Global Management average package trends for the past three years for better clarity:
| Course | Average Package (2021) | Average Package (2022) | Average Package (2023) |
|---|---|---|---|
| Global MBA | INR 27.89 LPA | INR 24.17 LPA | INR 32.11 LPA |
| MGB | INR 15.65 LPA | INR 17.58 LPA | INR 19.84 LPA |
Q: In which industry MGB students were placed during SP Jain School of Global Management's placements?
A large share of MGB graduates were placed in the IT/ ITES industry during the 2023 drive with a 22% placement percentage. The second in the sequence was the Logistics & Supply Chain industry with a 20% placement rate. Take a look at the below snip elaborating on the industry-wise SP Jain School of Global Management placements 2023 for MGB:
Source: Official Website
NOTE: The sectors involved in the 'Others' category are Hospitality, Media, Education and Training, FMCG, Real Estate, Market Research, and more.
Q: Where are SP Jain School of Global Management alumni working?
According to unofficial online sources, a large share of SP Jain School of Global Management alumni is working in the Business Development sector with a 26% share. The other top sectors that involve the majority of alumni are Operations and Sales. The detailed sector-wise distribution of alumni is depicted below:
NOTE: The sectors involved in the 'Others' category are Programme and Project Management, Finance, Engineering, and Consulting.
Global Mindset
International careers call for a global mindset and being able to work seamlessly in a multi-country, multi-cultural context. An international MBA degree offers students an opportunity to expand their worldview, appreciate the challenges and opportunities of operating in complex business environments and understand the inter-connected nature of businesses. Such programs help participants imbibe global mindset and develop skills crucial to fast-track international career growth.
International Immersive learning
Most international MBA programs offer an immersion experience for their students. These out of class, immersive experiences further shape students understanding about diversity of cultures, business practices. These immersion programs are known to create lasting impact on the participants and are proven to be effective in strengthening classroom learnings related to international business.
MBA Curriculum
As compared to traditional MBA, most international MBA programs focus on building participant’s knowledge and skills in the areas of international strategy and leadership. Given the current emphasis on technology and digital business, many MBA programs integrate digital and data literacy in their curriculum. This gives participants an edge at workplace, differentiating them as future-ready talent.
Q: What was the highest package offered during SP Jain School of Global Management placements?
The highest package offered during SP Jain MGB placements 2023 was INR 48.84 LPA. For Global MBA courses, the 2023 highest package stood at INR 72.83 LPA. From 2021 to 2023, year-on-year growth was observed in the Global MBA highest package. On the other hand, fluctuating trend was observed in the highest package of MGB. Take a look at the below table depicting the SP Jain School of Global Management highest package trends:
| Course | Highest Package (2021) | Highest Package (2022) | Highest Package (2023) |
|---|---|---|---|
| Global MBA | INR 38.14 LPA | INR 39.79 LPA | INR 72.83 LPA |
| MGB | INR 39.59 LPA | INR 33.85 LPA | INR 48.84 LPA |
Q: How are B.Sc placements at SP Jain School of Global Management?
The Mumbai-based SP Jain School of Global Management (SP Jain) seeks to place all of its students 100% of the time. With an average package of INR 33 LPA and a maximum payout of INR 81 LPA, the institution achieved 100% placements in 2024. Half of the students in 2023 received offers from domestic top global firms, and the other half received offers from overseas companies.
A November 2022 study claims that SP Jain is among the top B schools with top-notch placements.
Participating in the placement drive are recruiters from a variety of industries, including FMCG, Consulting, BFSI, Pharma, and Tech. Top recruiters for the Bachelor of Data Science degree at SP Jain include:
Columbia University (USA)
UNSW (Australia)
University of Chicago (USA)
Northeastern University (USA)
University of Technology Sydney (Australia)
Rutgers, The State University of New Jersey (USA)
Q: Who were the recruiters at SP Jain School of Global Management placements?
Some of leading companies that were part of SP Jain School of Global Management placements 2023 are mentioned below:
| SP Jain School of Global Management Placements 2023: Top Recruiters | ||
|---|---|---|
| Dubai Islamic Bank | Magnati | Rivoli Group |
| Protiviti Consulting | TrackIT Solutions | Cedar Consulting |
| HCL Technologies | ICC Loyalty | Brand Folio LLC |
| IIFL Wealth | Siemens | Thomson Digital |
Q: How is the placement of SP Jain School of Global Management?
As of now, the 2023 placement statistics are out for Global MBA and MGB. As per the latest report, 54% of Global MBA and 48% of MGB students received international placement opportunities during the 2023 drive. Check the complete insights of SP Jain School of Global Management placements 2023 from the table below:
| Particulars | Global MBA Placement Statistics (2023) | MGB Placement Statistics (2023) |
|---|---|---|
| the highest package | INR 72.83 LPA | INR 48.84 LPA |
| Average package | INR 32.11 LPA | INR 19.84 LPA |
| International placements | 54% | 48% |
Q: How are MBA placements at SP Jain School of Global Management, Lower Parel?
MBA Placements at SP Jain School of Global Management, Lower Parel
SP Jain School of Global Management (SP Jain) offers an MBA programme recognised for its high-quality education and strong industry connections. The Lower Parel campus, located in Mumbai's financial district, benefits from a prime location that enhances placement opportunities.
Key Placement Statistics:
High Placement Rate: Consistently high placement rates with over 90% of students securing job offers.
Average CTC: Competitive average CTC in the range of INR 16-20 Lacs per annum.
Top Recruiters: Leading companies from various sectors recruit from SP Jain, including consulting, finance, technology, and FMCG.
Factors Contributing to Strong Placements:
Global Curriculum: The programme incorporates a global perspective with international faculty, case studies, and study trips.
Industry Partnerships: SP Jain maintains strong relationships with industry leaders, facilitating networking opportunities and internships.
Personalized Career Services: Dedicated career counseling, resume building, and mock interview preparation support students in their job search.
Mentorship Program: Mentorship programs connect students with alumni and industry professionals, providing valuable guidance and support.
Location Advantage: The Lower Parel campus is situated in the heart of Mumbai's business district, giving students easy access to various employment hubs.
Top Industries and Job Roles:
Consulting: Bain & Company, McKinsey & Company, BCG
Finance: Goldman Sachs, JP Morgan, Deutsche Bank
Technology: Amazon, Microsoft, Google
FMCG: Unilever, Procter & Gamble, Nestle
Investment Banking: Morgan Stanley, Credit Suisse, UBS
Post-Placement Support:
SP Jain continues to support alumni through career development programs, industry networking events, and access to alumni mentorship networks.
Overall, SP Jain School of Global Management, Lower Parel, offers a strong MBA placement record due to its high-quality education, industry partnerships, personalized support, and advantageous location
International Projects
While students acquire cutting edge knowledge and skills through the MBA curriculum and immersion activities, International MBA programs allow students to work on real business challenges and issues faced by firms in different geographies. These projects allow students to connect and network with business leaders, experts and engage with customers in new markets. The projects are perfect platforms for students to showcase their innovative thinking and problem solving skills, expand their functional and domain knowledge in a risk-free manner. The self-learning format of the projects also empowers students to personalise their learning and enhance employability opportunities.
Adaptability
International MBA program encourage their participants to embrace uncertainty and complexity! By being comfortable with complexity and ambiguity, these students develop ability to adopt and adapt new ways of leading and managing businesses in international setting. This allows firms to take bold decisions and move fast and implement their innovative business strategies.
In summary, an internal MBA programs offers an opportunity of pursuing accelerated career trajectory for participants
About the author:
Dr Veena Jadhav, Associate Dean (MGB), Associate Prof. (Leadership & HRM), S P Jain School of Global Management
Note: The views expressed in this article are solely author’s own and do not reflect/represent those of Shiksha
Sumridhi holds a Bachelor's degree in English from Delhi University. With over three years of experience in content creation, she is a collaborative and innovative thinker who loves interacting with people to leave ... Read Full Bio
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Student Forum
Anything you would want to ask experts?Answered 3 months ago
To gain direct admission to the SP Jain School of Global Management, students must normally meet specific eligibility requirements and complete the required admissions process. First, you must have a suitable undergraduate degree and an excellent academic record. SP Jain additionally demands applica
M
Contributor-Level 9
Answered 6 months ago
The MBA programme at the Lower Parel-based SP Jain School of Global Management typically has 40-50 seats available per intake, making it a small cohort program. A rich learning atmosphere is fostered by the limited enrollment, which guarantees each student a personalized and intensive educational jo
N
Contributor-Level 10
Answered 7 months ago
MBA is not only having a Degree, its a journey where you learn from your Professors, Colleagues and Curriculum.
Having an MBA from SP Jain School of Global Management will help you study with the best and learn from the best. Also sit for Placements end of the day. But do remeber, your past Job exper
D
Beginner-Level 5
Answered 7 months ago
The institute offers BBA and Bachelor of Data Science programs. BBA is a 4-year program. Candidate must have passed class 12th with 70% marks and have studied in English medium. Candidates who have not studied English have to possess a valid score in the English Proficiency test.
Candidates need to a
D
Beginner-Level 5
Answered 7 months ago
SP Jain School of Global Management is an Australian business school that provides modern, relevant and practical global business education. With campuses in the dynamic business hubs of Dubai, Mumbai, Singapore and Sydney, SP Jain is renowned for offering multi-city undergraduate and postgraduate p
D
Beginner-Level 5
Answered 8 months ago
Hi.SPJGM Mumbai offers four undergraduate, three postgraduate and one doctoral course. The institute also offers five partnership or professional courses. The most popular courses of SPJGM are Global MBA and full-time MBA courses along with the special online courses which include Premium Learning O
Scholar-Level 17
Answered 8 months ago
SP Jain School of Global Management offers various courses at the UG and PG level. The table below showcases MSc and MA course from the table presented below:
| Course | Total Tuition Fee |
|---|---|
| MAIB | INR 38.99 lakh |
| MGLuxM | INR 19 lakh |
| MscHBL (HIHB earlier) | INR 35.13 lakh |
| EMBA | INR 14.86 lakh |
Contributor-Level 10
Answered 8 months ago
The cost for studying BBA in SP jain school of global management is about INR 15.5 lakhs. They offer the studying experience of a premium college and the placements in SP Jain School of Global Management are good. Check shiksha webiste for more pdated information.
N
Beginner-Level 4
How can I get direct admission in SP Jain Global Management?