Jamnalal Bajaj Institute of Management Studies (JBIMS) Mumbai conducted its summer placements for the batch of 2016 at its campus.
Consulting firms like McKinsey & Co. and The Boston Consulting Group were also part of the summer placement process. Companies across divisions like HR, Banking and Financial services, Manufacturing, Consulting and others visited the campus for the process. The batch of 2016 has a mix of students from diverse fields and backgrounds like Science, Commerce, management etc.
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The Summer Placement Overview
A total of 71 companies’ registered to participate in the summer placement process to recruit students of the batch strength of 117. The table below explains the data
Number of registered companies
Number of participating companies
Analysis of Key Sectors
In the Consulting domain companies like McKinsey & Co., BCG, JLL, DTZ and others visited the campus. The companies offered the Junior Associate profile to the students.
BANKING AND FINANCIAL SECTOR
In the Banking and Financial Sector, companies such as Citibank, Standard Chartered Bank, HSBC, ICICI Bank, ING Vysya, Tata Capital, Indiabulls, Met Life, UV Capital, BMR Advisors, HDFC Property Venture etc. visited JBIMS to recruit students for various roles. Goldman Sachs and JP Morgan made their presence felt by offering some of the most coveted roles in the industry. The profiles offered were investment banking, equity research, transaction banking, retail banking, and strategic business development to name a few.
FMCGs & PHARMACEUTICALS
FMCG majors such as Hindustan Unilever Ltd.Â¸ Procter & Gamble, Colgate-Palmolive, Marico, HCCB, Danone etc. A large percentage of the students were offered attractive roles in sales and marketing in the FMCG sector. The Pharmaceutical industry majors like Abbott, BMS, Merck Pharmaceuticals, Janssen Pharmaceuticals and DSM visited the campus and recruited a substantial number of candidates. They offered flexible profiles like market research and data analysis, in addition to the existing sales and marketing profiles. Corporate Finance roles were offered.
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MANUFACTURING SECTOR & CONGLOMERATES
Diverse profiles across multiple domains such as real estate, chemical and manufacturing were offered by leading business conglomerates such as Mahindra & Mahindra, Godrej & Boyce, Schlumberger, Tata Steel, Raymond, AkzoNobel, Maersk Shipping, Larsen & Toubro, Coldwell Banker, Mattel Toys etc. as a part of the summer placement process. Students had the opportunity to choose from varied profiles such as ERP, Business Process Consulting, General Management, and Strategy. Tolaram Group offered Sales & Marketing roles based out of Nigeria.
An ideal opportunity was offered to the students to kick-start their careers in the online retail and telecom sector. The increasing recognition and impact of the students of JBIMS in the industry was exemplified by the presence of companies like Vodafone, Whirlpool, Flipkart, Reliance Communications, DraftFCBUlka, Brandcare etc. Also, this time, numerous roles in the IT sector were offered by reputed companies like Tata Consultancy Services, Wipro, Nucleus Software etc.
Highlights of the JBIMS Summer Placement
The highest stipend offered was Rs.3,35,000 with the average being Rs.1,17,000
The institute hosted a large number of new recruiters on campus
JBIMS attracted two of the biggest global consulting firms - McKinsey & Co. and BCG
The Banking and Financial sector offered attractive profiles such as investment banking, corporate banking, commercial banking, risk, equity research and transaction banking
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