JBIMS Summer Placement Report 2015
With the 51st MMS Batch of Jamnalal Bajaj Institute of Management Studies concluding yet another successful Summer Placement Season in record time of 4 days, the Institute has reinforced that it offers one of the most lucrative platforms for both students and corporates alike. The campus attracted both legacy and new recruiters across various sectors who hired in large numbers. One of the primary reasons for the exceptional student performance was their readiness to enter the corporate world, backed by the changes introduced in candidate selection process and course curriculum.
Premier Consulting firms like McKinsey & Co., The Boston Consulting Group and Accenture Strategy continued to consider JBIMS as one of their few preferred campuses for recruitment nationwide. This domain recorded a more than three-fold growth in the number of students being hired. JBIMS also witnessed Investment Banking roles being offered by Barclays Capital, Goldman Sachs and Avendus Capital among others.
Over the years, JBIMS has attracted marquee recruiters like Standard Chartered Bank, Citibank, HSBC, DBS, J.P. Morgan Chase, ICICI Bank, Axis Securities, CRISIL, MetLife to name a few offering a gamut of coveted roles such as Treasury & Trade Services, Global Banking, Wealth Management, Commercial Banking, Corporate Banking, Equity Research, Securities, Strategic Business Development, Transaction Banking and Retail Banking.
FMCG giants such as HUL, P&G, ITC, Danone, Marico, Nivea offered attractive roles in Branding, Sales & Marketing, Corporate Finance, Product Management and Digital Marketing registering a 33% uptick in the number of offers compared to the previous year. Several other recruiters such as Google, General Electric, Mahindra, Snapdeal, Vodafone, Whirlpool, TATA Motors, Hero MotoCorp, Reliance Communication, Abbott, Schlumberger, Maersk Line, Tata Consultancy Services, Wipro, Arvind Brands, Piramal Enterprises, Merck Pharma, L&T, IBM offered diverse roles in Strategy, General Management, Supply Chain, Logistics, Retail Research, Procurement Management and Technology.
The Highest stipend offered at the Institute was INR 4.5 lakh. The average stipend reached a new high of INR 1.37 lakh from INR 1.17 lakh for two months offered previous year. The top 10% of the batch took home a whopping INR 2.8 Lakh for two months. Out of the 72 companies that had registered for the process, 68 companies participated in the recruitment drive and made 123 offers. These figures are indicative of the faith that the recruiters have in the Institute and signal towards its glorious future.
Sector-wise Distribution of Companies that participated in the Process
Placement Coordinator Prof. Balkrishna Parab says, "The smooth and swift summer placements stand testimony to the recruiters’ eagerness in hiring the best of the talent. It also highlights the high academic standards and practical learning approaches that are followed at the Institute. The multitude of recruiters on campus gave students the flexibility to choose sectors and roles of their preference. The diversity of the batch, likewise, provided greater choices to the recruiters as well."
Placement Committee Member Priyank Chheda mentions, "The summer placements for the batch of 2017 concluded triumphantly with 100% of the batch getting placed in distinguished organizations across sectors in a record time of 4 days. The diverse talent pool at the Institute gave all companies a plethora of options to recruit in large numbers. This lays a strong foundation for the Final Placements of the senior batch and we hope to continue building stronger relationships with our recruiters in the future."
JBIMS - Summer Placements Highlights
The Institute has reinforced that it offers one of the most lucrative platforms for both students and corporates alike by concluding 100% placements in just 4 days.
Major recruiters:
Consulting: McKinsey & Co., Barclays, The Boston Consulting Group, Accenture Strategy, etc.
BFSI: Goldman Sachs, J.P. Morgan Chase, Nomura, HSBC, Standard Chartered Bank, Citibank, DBS, etc.
FMCG: HUL, P&G, ITC, Danone, Nivea, Marico, etc.
Others: Google, Mahindra, Vodafone, Snapdeal, GE, etc.
New Recruiters: Barclays Capital, Avendus Capital, DBS, Piramal Enterprises, GE, etc.
Placement figures:
Average Stipend: INR 1.37 Lakh (Up 17% from 2014)
Highest Stipend: INR 4.5 Lakh (Up 34% from 2014)
Median Stipend: INR 1.30 Lakh
Top 10% - INR 2.8 Lakh
Top 30% - INR 2.2 Lakh
Miscellaneous:
Consulting domain recorded a more than three-fold growth in the number of students being hired
FMCG offered attractive roles in Branding, Sales & Marketing, Corporate Finance, Product Management, Digital Marketing registering a 33% uptick in the number of offers compared to the previous year
The BFSI offered attractive profiles such as Investment Banking, Treasury & Trade Services, Global Banking, Wealth Management, Commercial Banking, Corporate Banking, Equity Research, Securities, Strategic Business Development, Transaction Banking and Retail Banking.
JBIMS - Batch of 2017 - Key Highlights
~86% of the Batch has prior work experience, majority of them having experience in the range of 2-3 years:
Upto 1 year: 22%
1-2 years: 30%
2-3 years: 20%
More than 3 years: 14%
Students with work experience have worked in diverse fields like Medicine, Tourism, Language Service, Media & Entertainment and Social Services in premier league companies like JP Morgan Chase, Dell, Credit Suisse, PWC, Mu Sigma, BASF, Deloitte, Edelweiss, Adobe, Hero MotoCorp and conglomerates like Godrej, Bajaj, Reliance, Mahindra, L & T, TATA, etc.
The Batch is a unique mix CAs and CFAs, Commerce graduates and Engineers from premier institutes like IITs, NITs, DCE, BITS etc.
Educational Background of the students:
Mechanical and Production: 22%
Electronics and Telecom: 30%
Computers: 16%
Electrical: 12%
Chemical: 6%
Finance: 5%
Marketing: 3%
Others: 6%
The Male to Female ratio is 3:1 as opposed to the general trend of 4:1
The batch has individuals representing 12 states, adding to its cultural diversity
The Batch is multi-lingual. There are students who have proficiency in various international languages including Mandarin, German, Japanese, French, Arabic, etc.
The batch contains students who have been Guinness World Record Holders, National level Swimming and Rowing champions to State level hockeyand chess players, bloggers, executive members of political parties, start-up owners, to even yoga freelancers and medallists in international conferences
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