JBIMS, Mumbai Witnesses its Highest No. of International & Lateral Offers Till Date

"You will become as small as your controlling desire; as great as your dominant aspiration."

With more than two offers per student, job locations across the globe, sectors ranging from Consulting to Investment Banking, and FMCG to Real Estate and IT, a stellar Final Placement season at
JBIMS stood testament to the aspirations of the batch of 2007 and heralded the beginning of their journey on the path to greatness.

Placements '07 at JBIMS were a landmark in more ways than one. The average salary crossed the Rs. 10 Lakhs mark. One in every two students, from the batch of 2007 is a millionaire! The institute had its highest number of international and lateral offers.

The entire batch was placed on Day One. After evaluating various jobs on offer, all students got to choose their most preferred profiles and companies. The average number of offers per student stood at 2.38. Even after holding up to 4 offers, students chose to wait it out for their dream company, a sign of how selective and focused they were in their placements.

The number of companies registering for the process was 182. The average and median domestic salaries exceeded Rs. 10 Lakhs.

Lateral Offers

Lateral offers were made to 20% of the batch, a sign that students are being given due credit for relevant work experience. Sectors in which lateral offers were made include Consulting, Banking, Pharmaceuticals and IT, by companies such as PriceWaterhouseCoopers (PWC), Standard Chartered Bank, Cognizant Technology Solutions and Pfizer. There were also niche profiles, like private equity, offered in the laterals space.

Consulting

The consulting sector was led by giants such as McKinsey & Co., Accenture Business Consulting, PriceWaterhouseCoopers (PWC), KPMG, Tata Strategic Management Group (TSMG), Deloitte, Ernst & Young, and IBM Consulting. Cerebrus made two offers for its HR Consulting practice. Profiles in this sector ranged from management and strategy consulting, to operations and supply chain consulting to financial advisory. 15% of the batch chose to work with this sector; almost twice the number last year.

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