Booming Economy Sees Unprecedented No. of Companies Vying to Recruit One-Year MBAs from SPJIMR, Mumbai
One Year Full Time PGDM Program

The one-year PGDM program of the S. P. Jain Institute of Management & Research scripted a fantastic success story with placements touching dizzying heights for the Class of 2007. The placement for the participants was conducted from 6th-8th December 2006, and has been a resounding success with 33 companies giving a total of 138 offers to 57 participants.

The highlight of the placements was the first offer of the first day being the highest salary offer of Rs. 24.35 Lakhs. The booming and the fast growing economy saw an unprecedented number of companies vying to recruit the experienced professionals of the one-year program.

The Class of 2007 has 58 students, of which 57 participated in the Placements Process. 55 companies showed initial interest in participating in the placement process, and finally, 41 companies participated in the placement process with 33 companies making a total of 138 offers. The average salary offered to the participants was Rs. 11.35 Lakhs. A significant number of the participants saw phenomenal rise in their salaries from their previous professional portfolios. The average increase in salaries for the participants was 70%, which translates into an average salary increase of Rs. 5.15 Lakhs, a little less than the program fee of Rs. 5.53 Lakhs. The four women participants of the program also saw a roaring success with more than 15 confirmed offers to choose from.

Several of the blue-chip companies, like Infosys, Satyam, Reliance Retail, Mphasis, ICICI and Covansys offered more than 10 offers each to the participants. Some of the conglomerates participating in the placement process were IBM, McKinsey KC, SAP, Cognizant Technologies, L & T and TCS.

The participant with the highest salary offer and more than a decade of experience in the process industry had this to say, "After having worked in the industry for so many years, I had a feeling that my career was progressing at a slower pace than I would have liked to and this drove me to join SPJIMR. My one-year at the institute has been one of intense academic rigour and I am specially impressed by the innovative program architecture and the structured approach of SPJIMR to the one-year PGDM program. I am especially enthralled by the fact that my decision to join SPJIMR over other foreign B-schools has been proved so correct. I am excited about the forthcoming challenge and the responsibility and looking forward to use my learnings."

Next