IIT Bombay MBA Placement 2021 records a 5% hike in Average Salary Going Up at Rs.21.96 Lakhs; Accenture, JPMC, PWC, P&G among top Recruiters.Despite the Covid pandemic, SJMSOM – IIT Bombay has achieved MBA Placement 2021, achieving 100% placements and a 5% increase in average salary. Although the average salary has risen from Rs.20.8 LPA last year to Rs.21.96 LPA this year, the highest salary in placement 2021 was Rs.32 LPA. Accenture, Cochlear, JPMC, P&G, and PWC were among the top recruiters. Admission to the SJMSOM MBA program is available to graduates from all disciplines for MBA entry based on their CAT grades.
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IIT Bombay MBA Placement 2021: Overview
Shailesh J.Mehta School of Management (SJMSOM) – IIT Bombay has completed Final Placement 2021 for its MBA 2019-21 batch with a 5% increase in average salary despite the prevailing Covid-19 pandemic situation. While the Average salary SJMSOM Placement 2021 has gone up at Rs.21.96 LPA from Rs.20.8 LPA last year, the very best salary has stood at Rs.32 lakhs. SJMSOM IIT Bombay has again achieved 100% placements for its MBA 2019-21 batch. The two-year MBA at SJMSOM-IIT Bombay is a full-time residential course for graduates from all disciplines wishing to settle on a career in management. This Programme is one of the highly ranked MBA programs in India.
SJMSOM final placement 2021 season witnessed 40 recruiters visiting the institute to supply diverse roles in numerous departments like Consulting, E-Commerce, Finance, IT, Operations, Sales & Marketing, Supply Chain among others. The season saw the presence of the many leading organizations including Accenture, Cochlear, JPMC, P&G, PWC among others who offered the scholars prestigious roles.
Sharing the SJMSOM IIT Bombay placement 2021 highlights, Prof S N Rao, Head, SJMSOM IIT Bombay said, “This year, the varsity witnessed a good range of opportunities from organizations spanning BFSI, Consulting, E-Commerce, FMCG/Manufacturing, IT, Pharma industry, and a rise in median CTC to Rs.22 lacs. Despite the perils in recruitment across industries thanks to the pandemic, the 100% placement figures stand as a testament to the industry’s continuing interest within the pool offered by SJMSOM.”
SJMSOM IIT Bombay MBA Placement 2021: Highlights
- Average Salary increased to Rs.21.96 lakhs from Rs.20.8 Lakhs last year
- Median Salary increased to Rs.22 lakhs from Rs.20.3 lakhs last year
- The highest salary goes down to Rs.32 lakhs from Rs.32.40 lakhs last year
- Batch size: 108 Students eligible for Placement 2021
- Total Recruiters:40
- New Recruiters: 16
1. Top Recruiters at SJMSOM
SJMSOM witnessed 40 recruiters including 16 new companies in Placement 2021. Companies from IT, E-commerce, BFSI, Consulting, FMCG and other prominent sectors participated in SJMSOM IIT Bombay MBA placements 2021. Highest representation of 25% was from IT companies.
Prominent recruiters in SJMSOM Placement 2021 include Accenture, Cochlear, JPMC, P&G, PWC, Marico, ICICI Bank, Infosys, Yes Bank, CredAble, Shangrila CS, TresVista, Verisk, Bristlecone, GEP, Infosys Consulting, PwC US Advisory, Synergy Consulting, ZS Associates, Asian Paints, Avery Dennison, Colgate-Palmolive, JCB, Larsen & Toubro, Mars, eClerx, Hexaware, VOIS, Wipro, Axtria, LogiNext, OnlineSales.ai, Mu Sigma, Polestar, Collegedunia, Flipkart, Johnson & Johnson, Next Education, Paytm, Phable among others
SJMSOM, IIT Bombay continues to be the selection for top graduates within the country, and therefore the batch profile of 2019-21 reinstates an equivalent. Graduates from IITs, NITs, BITS Pilani, and other reputed institutes are pursuing MBA from SJMSOM.
2. Batch Profile of IIT Bombay 2021
The class of 2021 is a blend of fresh graduates, professionals and budding entrepreneurs, with a mean work experience of 27 months from a number of the highest organizations like Barclays, Larsen & Toubro, maruti Suzuki, Mu Sigma, Ola Cabs, PwC, RBS, Royal Dutch Shell, Tata Motors, ZS Associates, among others in various profiles like Analytics, Consulting, IT, Operations, and Sales & Marketing.
The students are consistent performers in extra-curricular activities and have proved their mettle in national-level competitions in sports, music, dramatics, literature, and photography. an excellent many students have completed certifications like Chartered securities analyst (CFA), FLIP, and 6 Sigma.
3. Gender Diversity
SJMSOM IIT Bombay MBA batch 2019-21 comprises 19% female students and 81% male students.
4. Work Experience
The average work experience of the batch is 27 months and ranges from but one year to quite 36 months. the share of scholars with a varied duration of labor experience is shared below:
5. Sector-wise experience
SJMSOM MBA batch 2019-21 has the highest 42% of students who have work experience in the IT/ITES sector while 5% of students have work experience in the BFSI sector
Sectoral Placements Highlights
E-Commerce was the highest recruiting sector with 22% placement offers followed by BFSI, Consulting, and IT sector. Key highlights and top recruiters in the respective sector are as below:
1. E-Commerce: 22% Offers
Prominent players within the E-commerce, Healthcare, and Education sectors like Cochlear, Collegedunia, Flipkart, Johnson & Johnson, Next Education, Paytm, and Phable showed immense faith in our students by offering coveted roles across divisions like Operations & Supply Chain, Product Management, Program Management, and Sales & Marketing.
2. BFSI: 21% Offers
The BFSI sector saw esteemed recruiters offering niche roles in coveted functions like Investment Banking, Retail & Corporate Banking, Risk, and Transaction Banking. the world saw legacy recruiters like Fidelity Investments, ICICI Bank, Indus Valley Partners, JP Morgan & Chase, and Yes Bank reinforcing their faith within the institute, while a plethora of latest recruiters like CredAble, Shangrila CS, TresVista, and Verisk began their association with the institute.
3. Consulting: 21% Offers
The Consulting sector witnessed a mixture of legacy and new recruiters offering wanted profiles to the scholars. Esteemed recruiters like Bristlecone, GEP, Infosys Consulting, PwC US Advisory, Synergy Consulting, and ZS Associates extended an eclectic mixture of roles in Financial Advisory, service industry, Operations Consulting, and Technology Consulting.
4. IT Sector: 21% Offers
In the IT sector, the recruiters made a huge impact by offering coveted roles like Business Intelligence, Information Management, Pre-Sales, Project Management, and merchandise Management. While Accenture, eClerx, Hexaware,VOIS, and Wipro strengthened their association with SJMSOM, a bevy of recruiters like Axtria, LogiNext, OnlineSales.ai, Mu Sigma, and Polestar began their association with SJMSOM.
5. FMCG & Manufacturing: 15% Offers
The FMCG & Manufacturing sector saw prominent recruiters like Asian Paints, Avery Dennison, Colgate-Palmolive, JCB, Larsen & Toubro, Marico, Mars, and Procter & Gamble reinstate the religion within the institute by extending offers within the diverse domains of IT, Operations & Supply Chain, and Sales & Marketing.
On the occasion, Prof Ashish Pandey, Faculty Placement Coordinator at SJMSOM said,
“SJMSOM has successfully concluded the ultimate placements of the 2019-21 batch, thereby reaffirming itself as a premier B-School in India. the typical CTC increased by 5% to Rs. 21.96 lass despite the unprecedented times brought on by the COVID-19 pandemic. A swathe of lucrative opportunities in diverse roles has strengthened the industry’s preference for the talents that students of SJMSOM need to offer. BFSI, Consulting, IT, FMCG, E-commerce, and Healthcare companies have provided nearly equal opportunities, proving the range of experience among the 2019-21 batch.”
IIT Bombay MBA Placement 2021: Conclusion
SJMSOM conducted its final placement process for the 2019-21 batch, with 100% of students securing roles in diverse domains and industries at reputed companies. Among the 40 recruiters aren’t only legacy recruiters like Accenture, Cochlear, Colgate-Palmolive, JPMC, Procter & Gamble, PwC US Advisory offering coveted roles in Investment Banking, service industry, Operations, Product Management, Sales & Marketing, Supply Chain Management, there have been 16 first time recruiters like Infosys Consulting, JCB, Mars, Paytm, and ZS Associates offering niche roles in Financial Advisory, service industry, and Marketing, among others.
SJMSOM is a very ranked B-school of IIT Bombay. it’s been ranked 11 by NIRF, MHRD 2020 Rankings. Shailesh J. Mehta School of Management is a tutorial unit of IITB and has its distinct place as a national and global business management school. aside from MBA, SJMSOM offers post-graduate Master of Management (MOM) and Ph. D. programs and has recently launched an Executive MBA, jointly with the Washington University at St. Louise, USA. SJMSOM provides a well-designed curriculum and training to the scholars preparing them to satisfy the contemporary challenges in their business life ahead.
Students at SJMSOM get an opportunity to interact with faculty associated altogether domains like IT, Bio-informatics, Industrial Design, Rural Development, Climate, and Sustainable Growth and Transportation getting to appreciate technology and apply it in management.
Society for Innovation and Entrepreneurship (SINE) and Entrepreneurship Cell (eCell) provide opportunities to all or any stakeholders of IITB to find out from the experiences of budding ventures. SJMSOM is one of the five select founding member institutes of the National Entrepreneurship Network (NEN).
The School features a continuous process of interaction with industry leaders through Seminars, Lectures, and other students’ festivals/events/continuum/activities (clubs) associated with all functions of Management. SJMSOM alumni serve at the various leadership positions within the various private, public, multinational, government, and non-profit organizations.