SPJIMR One Year MBA Achieves 100% placement with 6% Rise in Average Salary; IT & Services Emerge as Top Recruiting Sector

Bhartiya Vidya Bhavan's  S.P. Jain Institute of Management & Research (SPJIMR), a premier school of management  has completed 100% placement for its 15-month post graduate programme in management (PGPM) class 2020 with a rise of 6 percent in average salary which has gone up to Rs.19.5 LPA this year from Rs.18.38 LPA last year. 74 marquee companies participate in the PGPM placement process extending offers to all the 115 students in the batch.

On March 22, SPJIMR announced that all participants of its PGPM class 2020 have been placed, marking the successful closure of a placement season that came in the midst of a series of disruptions caused by the Sars-Cov-2 pandemic.

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The placement outcomes for the PGPM Class of 2020 reflected the business-readiness of PGPM participants at a time businesses are looking to open up to full scale operations and grow faster in the aftermath of the pandemic. Commenting on the successful completion of PGPM placements, Dr. Bhishm Chugani, Head – Placements at SPJIMR said “Anticipating a sluggish year for recruitment, students increased their efforts towards interview preparation in addition to the outreach to companies. Most regular recruiters saw value in their past decisions and supported recruitment from the current batch towards their people requirements.”

SPJIMR PGPM Placements: Key Highlights

• Average salary has gone up at Rs.19.5 lakhs from Rs.18.38 lakhs last year
• Average salary for the top 25% of the batch stood at INR 25.6L while the average salary for the top 50% of the class was INR 22.8L
• On an average, the batch has almost doubled the incoming salaries (average hike: 95%) with the highest hike being around 325%.
• InformationTechnology and Services is the top recruiting domain with highest number of offers, followed by Operations and Supply Chain. The trend reflects the demand for professional talent and the significance of IT and Operations areas in growth revival
• 74 companies participated in the placement process with 35 new companies, to hire from the batch of 115 participants
• Top recruiters include Accenture, Blue Yonder, Cognizant, Deloitte, Edelweiss, Genpact, Indegene, Infosys, KPMG among others

Key Trends in SPJIMR PGPM Placement

• Out of the 74 recruiting companies, a majority of the companies came from a group of regulars on the SPJIMR campus who have repeatedly hired and came back again this year.
• A new set of 35 companies also joined the process this year, opening up more choices for participants and enabling a faster cycle for the placements in what was an unusual year.
• Though the season saw active participation from companies across sectors, Consulting and IT/ITES took the biggest share followed by roles in Operations & Supply Chain.
• The increase in the salaries of the participants that they earned before they entered the programme and on completion of the PGPM capture in part the depth and breadth of the learning journey that makes the PGPM programme so unique and a consistent performer over the years.

Top Recruiters  
Graduating PGPM participants secured opportunities in middle-management roles in leading organisations including Accenture Technology Consulting, Accenture Operations, Blue Yonder, Cognizant, Deloitte, Edelweiss, Genpact, Indegene, Infosys Consulting, KPMG, LTI, Sapient, Thoucentric, Udaan amongst others.

PGPM Batch Composition
The graduating cohort of PGPM 2020 had most of the participants coming from traditional corporate backgrounds like Manufacturing, IT, Automotive, Oil & Gas, Retail, BFSI among others. The programme also had quite a few diverse participant profiles ranging from entrepreneurship, family business, B2G sales and digital marketing domains.

SPJIMR is ranked amongst the ‘Top10 B-schools in India’. It is noted for its pedagogic innovations and pioneering programmes, which have helped the institute, stand out for its unique and distinctive path in management education.  

Admission for the class 2022 is Open
If you are interested in applying for SPJIMR’s PGPM, here are some important dates and the application process.

Important dates for admission to SPJIMR PGPM Class 2022

Eligibility Criteria for the PGPM Class of 2022

• A Bachelor’s degree in any discipline with 50% marks from a recognised university
• Minimum 5 years of relevant (full time) work experience as on December 31, 2021.
• A GMAT/CAT/XAT score (Can be submitted after the interview process)
• A consistent academic record
• SPJIMR will accept scores for GMAT exam taken between August 15, 2016 and August 15, 2021 or CAT scores for years of 2018/2019 and 2020
  Read more about SPJIMR One Year MBA (PGPM) Admission 2021.  

The Post Graduate Programme in Management (PGPM) is a one-year full-time management programme (preceded by 3 months online learning), that enables candidates with 5 years of work experience and strong domain expertise, to move to expansive roles in general management. Participants are offered specialization in areas of Finance, Information Management, Marketing and Operations & Supply Chain Management. Programme for the batch of 2021 has started with 130 students. Batch of 2022 will start from October 2021 and admission process for the same has already started.

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