SPJIMR Mumbai has announced the completion of its final placements for the PGDM 2023 class. SPJIMR has given major IIMs a run for their money, with a 9.3% increase in average CTC (Rs 33.02 LPA) during 2023 placements, and a considerable increase in the number of offers. During the SPJIMR final placements in 2023, marquee names from the Consulting, FMCG/FMCD, and E-Commerce industries demonstrated a significant demand for talent. Here are a few more highlights from SPJIMR placements 2023:

In addition to the final placements in 2023, more than 47% of the 2023 batch participated in PPO/PPI opportunities through autumn internships with leading companies such as Accenture Strategy, Amazon, Edelweiss, Intuit, ITC, Tata Administrative Services, Boston Consulting Group, Uber, Procter & Gamble, and Microsoft.

• Participants from batch - 237
• Participating companies - 68
• 33 are first-time recruiters.
• The total number of pre-placement offers was 112
• The median pay is Rs 32.89 LPA.
• The average pay is Rs 33.02 LPA.
• The highest salary is Rs 77.8 LPA.

Top recruiters include Accenture Strategy, Adani, Amazon, Airtel, and Bank of America.

Because of its location, IIM Kashipur has the best Operations faculties and links. However, there are a few issues with the placement of the same. The Institute does not award diplomas in specific fields such as operations, finance, and marketing. As a result, students of any major are always eligible to apply for any job. Because students are not enrolled in a specific stream when they join the institute, their preferences change after the first year of exposure. Many students enter the second year with the intention of majoring in Operations, but they end up majoring in other fields for personal reasons.

Even among them, there aren't many freshmen, for whom it can be challenging to find an operations job; as a result, even they end up getting placed in a different stream. Therefore, IIM Kashipur is indeed a perfect place for operations management, but only if you have the correct perspective on what ops are and if you stick with it. 

Tata, Maruti Suzuki, Toshiba, L&T, BPCL, Reliance,  Larsen & Turbo, Havells, Otis, Eaton, etc. are some of the major recruiters that visit IIT BHU placements to recruit Mechanical Engineering students. Other than these, there are many non-core companies that visit the placements, as well. Here are the placement highlights for the Mechanical branch. 

Mechanical Engineering students usually get placed in job roles such as Automotive Engineer, Powertrain Engineer, Senior Design Engineer, etc. 

Although there is no hard and fast rule that only the most experienced student will get the highest package, having work experience will make your resume more appealing to the prospective employer and there are companies that require work experience for various profiles like consulting and product management. 

These profiles pay well so it makes sense that people with relevant work experience are preferred to someone with no work experience. But mind you this is not discriminating against freshers, colleges and companies give equal opportunities to all of their students. 

Please refer to the table below for detailed information: 

• Students who have graduated from IIM LIK can catch up to IIM ABC relatively easily or may end up at the same level by the end of their postgraduate program. IIM Trichy will eventually catch up with IIM LIK, though it may take around 5 years. IIM Ranchi, on the other hand, will take longer to reach the same level.
• IIM LIK catching up with IIM ABC may take 3-8 years. With the presence of good FMCG/Consulting/Financial Services Companies, a jump or two could bring them to the same level. IIM Trichy and Ranchi will take a very long time to catch up with IIM ABC in this category.
• The top 10% of students from IIM LIK and IIM ABC evolved as toppers after at least 18 months of hard work. There will be a significant difference between anyone in this category, regardless of whether they are from IIM ABC or LIK. While there may be a difference in starting packages due to the reputation of the institute, it will be made up for in subsequent years. It is not clear how long it will take for students from IIM Trichy or Ranchi to reach this level.

Delhi School of Economics Masters in Economics placements 2020 reported an average CTC of INR 12 LPA. The highest CTC stood around INR 14 LPA. MA in Economics has a placement average of 80-85%. Most students were recruited in accounting, taxes, Economics consulting jobs. Canara Bank, AGA Creatives, Spatial Decisions are the major recruiters.