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Department of Management Sciences, Pune University (PUMBA)
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PUMBA Placements 2024: Average Package, Highest Package, Top Companies

Map Pin IconGaneshkhind, Pune
Star Icon4.2 /5
Comment Icon619 Student Q&A
  • Public/Government Institute
  • Estd. 1971
Dark Clock Icon Last updated on 29 Aug '24

PUMBA Placement overview

What’s new at PUMBA placements 2024? The highest and average package offered during PUMBA placements 2024 stood at INR 19 LPA and INR 11.23 LPA, respectively. Further, BFSI & NBFC emerged as the top recruiting sector that placed 27% of the total students during placement drive 2024.

Earlier, a total of 104 companies participated in 2023 placements, offering 167 job offers. Out of 173 students who opted for placements 161 were placed successfully. The PUMBA MBA average package 2023 stood at INR 8.85 LPA and the highest package offered was INR 18.97 LPA. TATA Autocomp, Federal Bank, CRISIL, and many other renowned companies participated in PUMBA placements 2023.

PUMBA Placements 2023:

  • A growth of 5% was recorded in 2023 MBA highest package when compared with 2022
  • The number of MBA offers made in 2023 dropped by nearly 5% when compared with 2022

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PUMBA Placement Report 2024: Highlights

The key highlights of PUMBA placements 2024 are presented below:

Particulars

MBA Placement Statistics (2024)

Highest package

INR 19 LPA

Average package

INR 11.23 LPA

Top 50% package

INR 12.2 LPA

Top 10% package

INR 15.4 LPA

Companies visited

140+

Top recruiting sector

BFSI & NBFC (27% placement distribution)

PUMBA Placement Report 2023: Highlights

The key highlights of PUMBA placements 2023 and 2022 are tabulated below:

Particulars MBA Placement Statistics (2022) MBA Placement Statistics (2023)
Highest package INR 18 LPA INR 18.97 LPA
Average package INR 8.10 LPA INR 8.85 LPA
Offers made 175 167
No. of students opting for placements 177 173
No. of students placed N/A 161
Percentage of students placed 98.87% N/A
No. of companies participated 96 104
Average package of top 10% N/A INR 12.48 LPA
Average package of top 50% INR 9.50 LPA INR 10.17 LPA
Popular recruiters MRF, ICICI Bank, Schneider Electric Bristlecone, HDFC Bank, Wipro

PUMBA Average Package 2023

The Department of Management Studies, SPPU has released the average package details for the MBA batch 2021-23. During 2023 placements, the overall MBA average package stood at INR 8.85 LPA. Further, the average package for the top 10% was INR 12.48 LPA. The table below depicts the PUMBA MBA average package 2023:

Particulars MBA Average Package (2023)
Overall INR 8.85 LPA
Top 10% INR 12.48 LPA
Top 50% INR 10.17 LPA

The overall average package for MBA has improved slightly from 2022 to 2023 placements. Likewise, an improving trend was observed in the average package of the top 50%. See the below infographic showcasing the PUMBA average package comparison for a better understanding:

PUMBA MBA average package trends

The above salary trends are depicted in the table below:

Particulars MBA Average Package (2022) MBA Average Package (2023)
Overall  INR 8.10 LPA INR 8.85 LPA
Top 10% N/A INR 12.48 LPA
Top 50% INR 9.50 LPA INR 10.17 LPA

PUMBA Placements 2023: Top Recruiters

Some of the eminent companies that participated in PUMBA placements 2023 are listed in the table below:

PUMBA Placements 2023: Top Recruiters
Acuiti Labs Tata Play TresVistaReliance Retail
Reliance Retail Bajaj Finserv CRISIL
ICICI Bank Schlumberger Persistent Systems
Zensar HDFC Bank TCS

Download:

PUMBA Final Placement Report 2021-23

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Department of Management Sciences, Pune University (PUMBA) Admission Department of Management Sciences, Pune University (PUMBA) Scholarships
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PUMBA
Average packages & top recruiters 2025

Top Recruiters

Axis Bank
ICICI
RBS (Royal Bank of Scotland)
HDFC Bank
eClerx
Fiserv
Ernst & Young
ACC Limited
Cummins
ONGC
Kirloskar
AVIVA
Kotak Securities
religare
LG Electronics
Coca-Cola
Colgate
Infosys
SYNTEL
TCS
marriott hotels
Abbot
Novartis
Pfizer
Glenmark Pharma
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PUMBA
Course placements 2023

CourseAverage salaryMedian SalaryHighest Salary
Master of Business Administration (MBA)
INR 9.40 Lakh
INR 3.00 Lakh
INR 16.22 Lakh
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PUMBA
Students Ratings & Reviews

4.2/5
Verified Icon108 Verified ReviewsInfo Icon
Placement Review IconPlacements4.1
Infrastructure Review IconInfrastructure3.9
Faculty Review IconFaculty & Course4.3
Crowd Review IconCampus Life4
Money Review IconValue for Money4.7
What students say about Department of Management Sciences, Pune University (PUMBA)
Placements
Infrastructure
Faculty
Other
LikesView All
The companies like Bajaj Finserv, ICICI, HDFC, CCD, TCS, Mahindra, Infosys, Crisil and lot more visited the campus for the placements.
Based on 50 Reviews
DislikesView All
For HR students, there are core opportunities but offered with a very low package as compared to other specialisation.
Based on 14 Reviews
A
AnonymousVerified Icon
Master of Business Administration (MBA) - Batch of 2024
2.4
2Placements3Infrastructure2Faculty2Crowd & Campus Life3Value for Money
PUMBA Investing Lower Lows.
Placements: Out of 180 odd students, 125 are placed which is great for 2022-24 batch considering tight job market. But roles offered are very menial. Only 2 companies visited for consulting role. Half of Finance batch is yet to place. Average package is below 7LPA. Only 20 students got package above 8LPA. College publishers average package by manipulating CTC, bonus, variable, etc. Only 50-55 people got internship others did online internship. For marketing specialisation condition is better, for finance it is the worst. People should rely only on Banking recruiters. At-least 80% companies visit for all specialisation, and ask for Business development roles.
Infrastructure: Infrastructure for classes is on brink of collapse. College built new floor and new separate auditorium but we don't have projectors for regular classes. Our classes are conducted in auditorium. College premises is very clean and soothing. Library has all old books upto 2012-13 editions. Computer lab is only unlocked once in year during CAP process to fill forms and pay feels. Hostel is common for all university students - which is doable.
Faculty: For marketing - faculty and tutoring is above average, good qualified teachers teach with some case study based approach. For Finance - Condition is the worst. Half lectures are cancelled. External teachers teach only to complete 2.5 Hr quota. Internal faculty just teaches some basic concepts and repeated teaches same concept twice/ thrice. Except 10-15 students no-one knows anything about finance, but everyone knows how to gamble in Future and Options using technical analysis. More than 90% of finance batch want to become Equity analyst. Exams - are moderate for theory papers - we have to analyze situation from n perspectives. For numerical especially for finance - we get the simplest of examples so we cross passing marks. Once we were asked to calculate bond price for 10 marks having no coupon. Finance students are not at all industry ready, even people with B.Com background are unplaced, only engineers gets placed due to interview efforts and rational thinking.
Other: I chose this college because I didn't get SIMSREE due to OHU. ROI is best if you ever get good job, else freely take second attempt for CAT/CET, etc. Faculty is very qualified, but for some reason they just don't teach. Students are very lethargic and non-competent. 75% of students don't have any communication skills or whatever. People are afraid to talk in English . College should focus on soft skills in short term to regain reputation for placements. There are many cell/committees to join and participate, it is very fun experience. Students join it to put it on resume and not for self-improvement. So even cell head are unplaced. Whole campus is very calm and lots of trees makes it desirable.
Reviewed on 9 Apr 2024Read More
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A
AnonymousVerified Icon
Master of Business Administration (MBA) - Batch of 2025
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
PUMBA is Best College For MBA.
Placements: One of the most prestigious institutes in India, best ROI. In the first year, we have to do some projects to get internships. If you complete an internship, it becomes very easy to get a job in placement drives. Top companies like Mercedes, Piramal, TATA, Mahindra come for hiring. Mostly finance companies come. The highest package offered is 30 LPA.
Infrastructure: College located in Pune area, and all modes of transportation are available. Classrooms are clean and neat, free Wi-Fi can be accessed from anywhere on campus, but it has some search restrictions. Hostel fees are very affordable with facilities like healthy food, special food two times a week, and we have four canteens in our campus.
Faculty: Teachers are highly qualified; mostly, they are doctorate qualified, and some are from IIT. Their teaching skills are the best, focusing mostly on communication and presentation skills. Our college is one of the best universities itself, and its curriculum makes us industry-ready. Semester exams are difficult; in class, 45 out of 60 passed, and we have a good passing percentage in the class.
Reviewed on 28 Jan 2024Read More
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A
Ashutosh Ambade Verified Icon
Master of Business Administration (MBA) - Batch of 2024
4.6
5Placements4Infrastructure4Faculty5Crowd & Campus Life5Value for Money
Satisfied with internships and placements of college.
Placements: The primary allure of college lies in its placement opportunities and return on investment. In our batch, 80% of students were successfully placed with an average package of 6lpa. Renowned companies such as Bajaj Finance, Aditya Birla, and Reliance are among the top recruiters. During summer internships, students are able to secure internships, with some companies offering stipends while others do not. The most sought-after roles offered are that of a relationship manager and branch manager.
Infrastructure: The college campus boasts a vast expanse of lush greenery, with the library being the sole provider of free internet access. The labs are equipped with high-speed computers, while the library houses an extensive collection of books. The hostel offers comfortable accommodation for 2-3 students per room, and the mess serves good-quality food with the convenience of tiffin service. Additionally, the campus features 2-3 canteens, and various sports such as cricket, basketball, and kabbadi are played on the sports grounds.
Faculty: Teachers, who possess doctorate qualifications, primarily utilize PowerPoint presentations as a teaching tool. The course curriculum is specifically designed to improve our leadership and presentation abilities. Additionally, prior to semester exams, teachers provide a highly beneficial file containing the top 100 questions and answers, aiding in the successful completion of all tests.
Other: Sppu is the top university in Maharashtra and India, so I chose this college, and my decision was right.
Reviewed on 17 Jan 2024Read More
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N
Nikhil Mandavkar Verified Icon
Master of Business Administration (MBA) - Batch of 2019
4.4
4Placements4Infrastructure4Faculty5Crowd & Campus Life5Value for Money
Review of Department of Management Sciences, Pune University (PUMBA).
Placements: It is one of the most recognised colleges of MBA in Pune. Around 60-70% of students get placed every year in our college. Top recruiting companies are Tata, TCS, Reliance, Infosys, HCL, etc. They conduct many placement drives. Many students got internships with stipends from various companies. The highest salary package offered is 65 LPA. Top roles offered are recruiters, consultants, etc.
Infrastructure: Our college provides good facilities. Our classrooms are equipped with air-conditioners and projectors. Our college has libraries. It has many books. Wi-Fi facility is available in the library. The hostel facilities are good. Around 2-3 students can stay in each room. The food served in the mess and hostel is good and hygienic.
Faculty: Our teachers are well-trained and well-qualified. All professors are experts. They are helpful. Semester exams are conducted in our college. If we study well, we can easily pass the exams.
Other: I am satisfied with this college. Many events and fests are held in our college.
Reviewed on 18 Aug 2023Read More
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H
Hemant Balasaheb Bansode Verified Icon
Master of Business Administration (MBA) - Batch of 2015
3.8
4Placements4Infrastructure4Faculty4Crowd & Campus Life3Value for Money
Review of Department of Management Sciences, Pune University (PUMBA).
Placements: The placement cell was not very active but the campus placements of our college were around 30% from our branch. The highest salary package offered was 6.5 LPA and the lowest salary package offered was 2.5 LPA. Most students got internships but some got placements in good companies.
Infrastructure: The infrastructure of our college was good enough to allow studies. There were labs and a library but a Wi-Fi connection facility was not available. The hostel was good enough and the food served at the college canteen was also eatable but a variety of food was not available for students.
Faculty: Faculty members were well educated and qualified. They helped in our final year projects. They were not very helpful in our online and offline classes but they helped in our industrial projects. The course curriculum was relevant to subjects.
Reviewed on 15 Sep 2022Read More
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SUMIT SHEWALE Verified Icon
BBA in Hospitality and Facility Management - Batch of 2021
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
Review of Department of Management Sciences, Pune University (PUMBA).
Placements: Around 98% of students are placed in the companies of their interest with around an annual package of 25 LPA. The average salary package offered by the department with a salary package offered was 25 LPA, and the highest salary package offered here is over 60 LPA. Top recruiting companies provide placement opportunities in top-edge leading companies like Tata Motors, Infosys, Atlas Copco, Nykaa, Wipro, Lupin, and many more successful companies. Overall, 98% of students got placed in companies like Tata, Infosys, and Atlas Copco in their desired position of work. Top roles offered in our department are positions like managing director, general manager, chairman of the department, executive leader, and chief executive officer.
Infrastructure: Our department provides you with facilities like a library, computer lab, science laboratory, study rooms, big classrooms with 24X7 onboard Wi-Fi, onboard classroom projector, whiteboard, and many more. Hostel also leads you with providing comfortable rooms with 24X7 electricity, water, Wi-Fi, and washroom facilities. The food quality is decent, mess and canteen can provide you with a meal of 2 times a day and has emergency facilities like a medical kit and hygiene facilities.
Faculty: Teaching faculty members also provide you with good quality and easy-to-understand answers. Teachers are good in their understanding and problem-solving qualities. The overall course curriculum provided makes you capable to learn a lot of things easily, and makes you able to face challenges in the upcoming industry or market situations. Thus making you industry-ready.
Other: I opted for this course because of my interest in learning management-related skills, and this course provided me with industry-needed skills and made me independent in taking strategic decisions according to the situation. There is nothing at which improvement is needed. On campus, there are a lot of events like gatherings, fashion shows, ramp walk events, and days celebrated like traditional day, mismatch day, retro day, twins day, chocolate day, blazer day, and many more.
Reviewed on 7 Apr 2022Read More
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PUMBA Placement FAQs

Q:   How is PUMBA for MBA?

A: 

The 2023 placement session for MBA concluded with 167 offers made by 104 participating companies. A total of 161 students were placed out of 173 students who opted for placements 2023. The highest package grabbed was INR 18.97 LPA and the PUMBA MBA average package stood at INR 18 LPA. The list of recruiters included renowned names such as Bharat Electronics Limited (BEL), Poonawalla Fincorp, Ujjivan Bank, Volkswagen India, and many others. 

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Q:   How is the placement scenario for MBA in Operations at PUMBA?

A: 

The department has released the overall placement statistics for MBA. The total number of offers made to MBA students dropped by nearly 5% from 2022 to 2023. On the contrary, the number of participating companies rose by almost 8%. Take a look at the below depicting the PUMBA placement comparison for 2022 and 2023 MBA batches: 

ParticularsMBA Placement Statistics (2022)MBA Placement Statistics (2023)
Offers made175167
No. of students opting for placements177173
No. of students placedN/A161
Percentage of students placed98.87%N/A
No. of companies participated96104
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Q:   Which companies participated in PUMBA placements?

A: 

The leading corporate giants that were part of PUMBA placements 2023 are mentioned below:

PUMBA Placements 2023: Top Recruiters
Acuiti LabsTata PlayTresVistaReliance Retail
Reliance RetailBajaj FinservCRISIL
ICICI BankSchlumbergerPersistent Systems
ZensarHDFC BankTCS
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Q:   Which has better placement at PUMBA, BBA or MBA?

A: 

While institutional MBA programs have a solid placement record, the scenario is different for Bachelor of Business Administration (BBA) programs. Placement statistics for BBA programs show that around 60% of students secure placement. While this figure shows room for improvement, it should be noted that the highest portfolio reaches 15 million per year, representing an opportunity for independent performers.

The average placement package for BBA students is between 3 to 4 Lacs per year. While this doesn't match the numbers posted on MBAs, it's a good starting point for graduates entering the workforce with a bachelor's degree. Moreover, the placement scenario may vary based on the student's individual efforts, specialisation and industry requirements.

As the organisation focuses on refining placement strategies and developing strong industry linkages, there is room for improvement in the BBA placement scenario in the future. Prospective BBA students can gauge current placement statistics and consider learning experiences, curriculum, and opportunities for personal and professional growth.

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Q:   Where are PUMBA alumni working?

A: 

According to unofficial sources, a large share of Department of Management Sciences, Pune University alumni are placed in the Business Development sector with a 23% share. The other top sectors that involve the majority of alumni are Operations and Sales. The detailed sector-wise split of alumni is depicted below:

Sector

Percentage of Alumni

Business Development

23%

Operations

18%

Sales

16%

Marketing

11%

Consulting

11%

Others

21%

NOTE: The sectors involved in the 'Others' category are Education, Human Resources, and Customer Success and Support.

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Q:   How many offers were made during PUMBA placements?

A: 

During 2023 placements, 167 offers were distributed among the MBA students. However, the number of offers made in 2022 was comparatively higher and the count stood at 175. The table below represents the PUMBA placement comparison in terms of total number of offers made in 2022 and 2023:

ParticularsMBA Placement Statistics (2022)MBA Placement Statistics (2023)
Offers made175167
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PUMBA

Student Forum

chatAnything you would want to ask experts?
Write here...

What is the effectiveness of the placement cell for MBA/PGDM programs at PUMBA?

Answered 5 months ago

{Source: MBA/PGDM students & alumni}

Here's the effectiveness of the placement cell for MBA/PGDM programs at PUMBA:

Placement Cell Effectiveness

* High Placement Rate: According to reviews, the placement cell has consistently achieved a high placement rate, with 100% placements reported in 2018.
* Good

...more

A

Atul Mishra

Beginner-Level 1

What average salary package is being offered to a fresher?

Answered 9 months ago

BTech fresher average salary package in India ranges between INR 3 LPA and INR 7 LPA. The salary generally depends on the college placement opportunities. It is also dependent on the location of the company as well as the reputation and size of the multinational companies. For instance, start-up com

...more

M

Manori Sahni

Contributor-Level 9

What are the notable features of PUMBA placements for the years 2023 and 2022?

Answered 9 months ago

The key features of PUMBA placements for 2023 and 2022 are summarized in the table. In 2023, the highest package reached INR 18.97 LPA, surpassing the INR 18 LPA of 2022. Similarly, the average package increased from INR 8.10 LPA in 2022 to INR 8.85 LPA in 2023. Although the number of offers made sl

...more

a

abhishek gaurav

Contributor-Level 10

How does the EMBA programme at PUMBA fare in terms of placements and return on investment?

Answered 9 months ago

Despite an average package of INR 5L, the EMBA programme at PUMBA presents promising placement opportunities, as evidenced by participation from renowned companies like TATA Autocomp, Federal Bank, and CRISIL. Notable recruiters such as MRF, ICICI Bank, and Schneider Electric further contribute to t

...more

a

abhishek gaurav

Contributor-Level 10

How does pursuing an EMBA at PUMBA enhance career prospects for experienced professionals?

Answered 9 months ago

Pursuing an EMBA at PUMBA provides experienced professionals with advanced business knowledge and skills tailored to managerial roles, thereby opening doors to higher-level positions and leadership opportunities in their respective industries. The program's emphasis on practical learning and network

...more

a

abhishek gaurav

Contributor-Level 10

Content authored by:

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Aarushi Kalra

Updated on Aug 29, 2024

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PUMBA
Contact Information

Address

Department of Management Sciences
Savitribai Phule Pune University
Pune ( Maharashtra)

Phone
02025622038

(For general query)

02025622043

(For admission query)

Email
hodpumba@unipune.ac.in
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