JBIMS Summer Placements 2017-19: BFSI and Consulting makes 42 percent offer
Vikas Gaur, 22 Nov 2017, #JBIMS
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JBIMS Summer Placements 2017-19: Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai has concluded the Summer Placement season for its 53rd batch of MMS for the academic year 2017-19. The institute observed the presence of both traditional and new recruiters during the placement season. In comparison to the previous year, there was an increase of 29 per cent in the highest stipend this year. 42 percent of the batch was recruited by the companies of Consulting and BFSI sector. As many as 63 companies participated in the recruitment drive at JBIMS, Mumbai. Some of the popular names were Indiabulls, DBS Bank, DBS Bank, Barclays, SBI Card, Citibank, Avendus, Avista Advisory, Centrum, CRISIL, Fidelity Management Research, Goldman Sachs, HDFC Bank, HSBC, ICICI Bank, J.P. Morgan, McKinsey & Co., MetLife, RBL Bank, SBI Capital Markets, Spandana Sphoorty Financial Ltd., Standard Chartered and YES Bank among others.

 

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Highlights of JBIMS Summer Placements 2017-19

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Highest Stipend

Rs. 4.50 Lakh

Average Stipend

Rs. 1.61 Lakh

Stipend of Top 10 percent

Rs. 2.90 Lakh

Stipend of Top 30 percent (Average)

Rs. 2.40 Lakh

Number of Participating companies

63

Highest Recruiting Sector

BFSI and Consulting (42 percent)

Consulting and BFSI offered roles in different verticals such as Management Consulting, Investment Banking, Corporate Banking, Commercial Banking, Equity Research, Securities, Transaction Banking and Retail Banking.

 

JBIMS Summer Placements 2017-19: Sector-wise companies

 

FMCG and Pharmaceutical companies - Abbott, Amway, AstraZeneca, Cipla, GSK Pharma, HUL, Medtronic, NIVEA and P&G offered attractive roles in Sales & Marketing, Corporate Finance and Product Management.

 

Manufacturing and Conglomerate sectors - AkzoNobel, Bajaj Electricals, Hero MotoCorp, JSW, L&T, Mattel India, Piramal Enterprises, Raymond, RIL, TATA Motors, TATA Steel and Titan. Roles in Finance, Sales & Marketing and Strategy were offered.

 

Technology sector - ACT Fibernet, Capgemini, Microland and Wipro among others. Roles in General Management, Finance, Strategy and Supply Chain & Logistics were offered.

 

Dr. Chandrahauns Chavan, Director at JBIMS said, “It is a source of immense pride for us to see the current batch rise to the challenges set for them and uphold the commitment to excellence that JBIMS has come to represent over its rich history. I would be remiss not to mention the tireless efforts of our faculty, alumni and various industry partners in guiding our students for the challenges they will face in the corporate world.”

 

Akash Rakani, a Placement Committee member, said, “The participation of our legacy recruiters along with a number of prestigious first-time recruiters, has helped us achieve stellar placements for the Batch of 2019. The diversity and the potential put on display by the batch have once again established the reputation of JBIMS as one of the most coveted business schools in the country. The exceptional summer placement results have set the stage for a successful Final Placement season in 2018.”

 

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