SPJIMR Final Placements for PGDM Batch 2022 beat all previous records

The median salary during the SPJIMR Final Placements 2022 stood at INR 30.10 LPA (20% increase compared to last year), average salary stood at INR 32.05 LPA (23% increase compared to last year) and the highest salary was recorded at INR 53.16 LPA (14% increase compared to last year).

Bharatiya Vidya Bhavan's SPJIMR announced the successful completion of final placements for its PGDM Class of 2022. According to the institute, the median salary during the SPJIMR Final Placements 2022 stood at INR 30.10 LPA (20% increase compared to last year), average salary stood at INR 32.05 LPA (23% increase compared to last year) and the highest salary was recorded at INR 53.16 LPA (14% increase compared to last year). The batch of 238 students received offers across various domains from a total of 70 companies.

SPJIMR PGDM Placements: Key Highlights

• Participants in the Batch: 238
• Number of companies participating: 70
• Number of first-time recruiters: 33
• Total Number of Pre-Placement Offers: 123
• 14% of offers equal to or greater than INR 40 LPA
• 30% of offers equal to or greater than INR 35 LPA
• 59% of offers equal to or greater than INR 30 LPA
• 87% of offers equal to or greater than INR 25 LPA

The entire placements exercise was conducted online using a variety of platforms and protocols to meet the convenience and security needs of the participating companies. Consulting emerged as the top recruiting sector with offers rolled out to 38 per cent of the batch of 238 participants, the institute informed.

According to the official press release, with the increasing intake by the consulting companies, offers were rolled out to 91 students, the highest ever reported by SPJIMR for a batch. The participating companies included Accenture Strategy, Alvarez & Marsal, Bain & Co., Boston Consulting Group, Deloitte, GEP, KPMG, Miebach and PwC US Advisory among others.

The FMCG sector made offers to over 22 per cent of the batch. Top recruiters in this sector included Asian Paints, Colgate-Palmolive, Hindustan Unilever, ITC, Kimberly Clark, L'Oréal, Marico, Mondelez, Procter & Gamble and Reckitt among others.

This was closely followed by offers in the Private Equity, BFSI, Tech and E-commerce sectors that saw companies like Amazon, American Express, Avendus, Axis Capital, Flipkart, GEF Capital, Goldman Sachs, Info Edge, JM Financial, Microsoft, MMT and PayTM among others participating in the process.

General Management roles were offered by leading recruiters such as Capgemini ELITE, Mahindra GMC and Tata Administrative Services.

In addition to the regular recruiters, a total of 75 first-time recruiters also participated in the placements process.  

This placement season saw a record number of Pre-placement offers with over 52% of the batch receiving PPOs via autumns internships and corporate competitions with leading companies like Amazon, Accenture Strategy, Boston Consulting Group, Colgate-Palmolive, Hindustan Unilever, Intuit, Procter & Gamble, and Tata Administrative Services among many others, the institute informed.

Talking about the overwhelming response received during the placement season, Professor Sajeev A George, Chairperson PGDM said, "We are delighted to see the superb placement outcomes. It’s a validation of our continued emphasis on the currency of the curriculum and pedagogical innovations.  The hard work of our students and the commitment of our faculty and staff have helped us achieve this record breaking feat."

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