SPJIMR final placements 2011: Avg salary Rs. 14 lakhs, Offers from 71 companies

For students at SP Jain Institute of Management and Research (SPJIMR), Mumbai, the bullish trend at the job market has brought them back in the forefront during the annual placement season this year.

According to institute sources the final placement process for the students of 2009-11 batch ended on 25 February 2011. The Placement process saw companies queuing up for selection of candidate for lateral and fresher recruitment. The average domestic package for the batch was more than Rs 14 lakhs per annum. Prof. Abbasali Gabula, Deputy Director (External Relations & Administration), SPJIMR, who has seen the turn of events over his 10 long years in the Education sector, told MBAUniverse.com, The economy is definitely booming and hence the salaries have risen sharply. The companies spent more time in the hiring process which is good for the participants. Amit Aggarwal, Placement Co-coordinator, SPJIMR, informed MBAUniverse.com, The market has picked up and it was a challenge to manage total of 71 companies on campus this year. 17 new companies participated in the campus placements. The final placement process saw FMCG, Consulting, Financial Services, Banks, IT Consulting, IT sales and IT advisory, Pharma and Telecom companies offering attractive profiles to the MBA students. Some key recruiters on campus were P&G, HUL, Deloitte, GE, Microsoft, TAS, Citibank, PwC, KPMG, Reliance Industries, JM Financial, Barclays, Standard Chartered, HSBC, Cognizant, CapGemini, Nestle, ICRA, E&Y, Edelweiss, GSK, J P Morgan, Philips etc. Foreign offers were received from companies like Deloitte, Thomson Reuters, etc. Related News IIM-I Placements 2011: Consulting and investment banking companies emerge as favourites XLRI Placements 2011: 317 offers, 109 firms, 15% rise in avg salary XIMB Placements 2011: Marketing and IT top choice, Avg salary Rs. 10.76 lakh, 86 companies take part IIFT Placements 2011: Avg salary Rs 11 lakh, highest Rs 15 lakh, offers from 77 companies Infosys, TCS, L&T, Tatas bring cheer at BIMTECH 2011 placements Stay tuned to MBAUniverse.com for more detailed report on SPJIMR Final Placements!