SPJIMR has announced the successful closure of placements for the PGDM Class of 2019. The median salary of the batch stood at INR 22 lakhs per annum (LPA), with over 72 per cent of the batch receiving offers of INR 20 LPA or above. The average compensation for the PGDM Class of 2019 stood at INR 22.90 LPA. This placement season saw participation from 111 companies to hire the 239 participants from the PGDM Class of 2019. Twelve international offers were made this year, capping a season marked by high interest in SPJIMR candidates from a large number of marquee companies in diverse sectors.
A range of new companies came on board for placements this year, adding to the list of large and reputed corporates who have enjoyed a lasting relationship with SPJIMR. Among the companies who participated in placements this year are McKinsey & Company, Boston Consulting Group, Bain & Co., Google, Microsoft, Goldman Sachs, Tata Administrative Services, Airtel, Hindustan Unilever, Nestlé, Johnson & Johnson, Ninjacart, Procter & Gamble, General Mills, Amazon, Mahindra, Deloitte, PwC, EY, Uber, Britannia, Bajaj Auto, Castrol, OYO Rooms, Pidilite, L'Oréal, Philips, Aditya Birla Retail Limited, American Express, Mondelēz, ValueLabs , Nivea, Amway , Sterlite Power, Jindal Steel & Power, Unacademy, Paytm, Bajaj Finserv, Bajaj Auto, Duff & Phelps, Reliance Industries Limited, Citibank , IIFL and Go-MMT Group to name a few.
E-commerce stood out as a sunrise sector with the highest increase in the number of offers made compared to the previous years. Consulting companies were aggressive in their hiring from SPJIMR with 35 per cent of the batch picking up offers in the sector. A third of the batch would join IT and E-commerce companies, an indicator of a growing techno-management wave seen across industries.
More than 50 per cent of the batch took up PPO/PPI opportunities through their autumns internship with leading companies. Autumns internships are part of a unique SPJIMR model under which participants take up internships after the completion of the core courses (in Finance, Marketing, Operations & Supply Chain Management, and Information Management) as well as advanced specialisation courses at leading universities in the US under SPJIMR's Global Fast Track programme. The continued trend of high PPO/PPI opportunities to the PGDM batch is a reaffirmation of the industry's faith in SPJIMR's autumns internship process.
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