Jamnalal Bajaj Institute of Management Studies (JBIMS) Mumbai has concluded the final placement process for the batch of 2012-14. The batch of 119 students was offered jobs by 89 companies. While the highest salary offered was Rs. 26 lakh, the average salary was Rs. 16.8 lakh. The following table will give you the highlights of the placement.
Total number of participating companies
Average (mean) salary
Rs. 16.18 lakh
Rs. 14.5 lakh
Rs. 26 lakh
Number of PPOs/PPIs
According to JBIMS, Banks and Financial Institutions hired in large numbers and offered a variety of profiles. FMCGs, Consultancy Firms, Telecom companies and IT corporations too recruited in substantial numbers and offered several important roles.
The first time recruiters included The Boston Consulting Group, HDFC Bank, ING Vysya Bank, JM Financial, Axis Securities, ICICI Securities, Barclays, Ernst & Young, JLT, Nivea, Eli Lilly, Whirlpool, Samsung, Siemens, Syngenta and Arvind Brands and Nomura.
Sector wise placement scenario
BFSI & IB
This was the highest recruiting sector with 43% recruitment.
The top recruiters in the Finance sector included the names like Citibank, Standard Chartered Bank, HSBC, JP Morgan, Barclays, ICICI Bank, Avista Advisory, HDFC Bank, Yes Bank, ING Vysya, JLT, Ratnakar Bank, Tata Capital, Nomura, Kotak Mahindra Bank, CRISIL, Axis Securities, ICICI Securities, JM Financial, SBI Capital Markets, Tata Capital, Indiabulls, India Forex, Aranca, Omnivore Partners, Indus Valley Partners, Magma FinCorp and Bank of New York Mellon.
Roles offered included Investment banking, Wholesale and Corporate Banking, Commercial Banking, Retail and Consumer Banking, Corporate Strategy Profile and Debt Capital Markets, Structured Finance, Project Finance, Treasury and Risk Management, Credit Research, Commercial Credit, Credit Analysis, Institutional Finance, Mortgage Services, Global Banking and Global Markets.
FMCG & Pharma
FMCG & Pharma recruited 26% of the students, which made it the second highest recruiting sector.
Hindustan Unilever, Procter & Gamble, ITC, PepsiCo, Nivea, Emami, Janssen Pharmaceuticals, GSK Pharmaceuticals, Cipla, Eli Lilly, Abbott, Medtronic, Glenmark, Ranbaxy offered Branding in Emerging Markets, Brand Management, Marketing, Market Research, Consumer Knowledge, Sales and Corporate Finance profiles.
Consulting sector recruitment included 10% of the total placements. Some of the major recruiters were McKinsey & Company, Boston Consulting Group, Ernst and Young, Cognizant Business Consulting, Jones Lang LaSalle, Renoir Consulting, SI-Creva Consulting along with several others.
Manufacturing & Conglomerates
Samsung, Siemens, Whirlpool, Larsen & Toubro, Cummins, Tata Steel, Jindal Steel and Power, Raymond, Bajaj Electricals, Jubilant Motorworks, Manipal Group offered various profiles in General Management, Strategy, Corporate Finance and Marketing. 7% students were recruited by this sector.
Telecom & IT
This was the third highest recruiting sector with 14% recruitment.
Top recruiters from this sector included Vodafone, Microsoft, Google, TCS, HCL, Accelya Kale, Wipro, Infosys, Zycus, Newgen, Larsen & Toubro Infotech, Ashtech, FIS, KPIT Cummins providing roles such as Global Sales, Operations, Strategy and Consulting as well as IT profiles to the students.
Other top recruiting companies included Arvind Ltd, Arvind Lifestyle Brands, Syngenta, Great Place to Work, Dainik Bhaskar, Reliance Games etc.
JBIMS states, “The year 2014 saw a plethora of new finance profiles being offered which included strategy, investment banking, treasury and advisory roles among others. Top FMCG recruiters continued their rich intake of candidates while newer avenues such as real estate consulting also opened up attractive profiles.”
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