Jamnalal Bajaj Institute of Management Studies (JBIMS) has completed the final placements for its MMS course with a top salary of Rs 26 lakh per annum and an increase in average stipend from Rs 15.32 lakh last year to Rs 16.18 lakh this time around.
The median stipend has also gone up from Rs 14 lakh to Rs 14.5 lakh, the institute said in a statement released on Friday.
This year, 89 companies participated in the placement process for the 119-strong batch. Overall, the students bagged 58 PPOs/PPIs from companies across sectors including Citibank, HSBC, HUL,ITC, ICICI Bank, Cummins and TCS.
The BFSI and IB sectors generated 43% of the offers, followed by FMCG and pharma with 26%, telecom and IT with 14% and consulting with 10%. The balance 7% of the offers came from manufacturing and conglomerates.
Recruiters visiting the campus included HDFC Bank, Standard Chartered Bank, Yes Bank,JM Financial, SBI CapitalMarkets, Magma FinCorpand Indus Valley Partners from the BFSI and IB sectors and HUL, P&G, PepsiCo, Nivea, Emami, Cipla, GSK Pharmaceuticals, Abbott and Ranbaxyfrom FMCG and pharma.
Consulting was represented by the likes of McKinsey & Co, BCG, Ernst and Young, Cognizant Business Consulting and Renoir Consulting while telecom and IT sectors saw participation from Vodafone, Microsoft, Google, Wipro, Larsen & Toubro Infotech among others. Arvind, Syngenta and Reliance Games were among the other companies which took part.(Source:ET)