PGPM students of SPJIMR bag record Rs 23.6 lakh average CTC

Students of Post Graduate Programme in Management (PGPM) at Mumbai-based S P Jain Institute of Management and Research (SPJIMR) have bagged a record average annual package of Rs 23.6 lakh during the B-school’s placement drive this year, the institute has said in a statement.

The institute has claimed a 20% increase in the average Cost to Company (CTC) over the last year for its participants from the 2021 batch.

The placement process Involved 75 companies and 130 participants. This season saw active participation across diverse companies, with consulting accounting for 51% of the hiring, and technology for 39%.

Several new companies joined the process this year, opening up more choices for students. Graduating PGPM students secured opportunities with leading organisations including Accenture, Bain, Blue Yonder, Bristlecone, Criticalog, Cognizant, EasyRewardz Software, Enquero, Flipkart, IBM, Incture Technologies, Indegene, Infosys Consulting, KPMG, LTI, O9Solutions, Redington, Robosoft Technologies, Sapient, Stovecraft, Tavisca, TheMathCompany, Thoucentric, Tiger Analytics, Vector Consulting, and Xpressbees among others.

Nilendra Singh Pawar, PGPM programme chairman, said, “Our programme has built goodwill and trust with industry over the years, thanks to our consistent track record of developing talented and business-ready professionals who can make a difference on day one.”

PGPM is a one-year full-time All India Council for Technical Education (AICTE) approved executive programme preceded by three months of online learning for professionals with five years of work experience.

Congratulating the PGPM class of 2021 on their achievement, Varun Nagaraj, dean of SPJIMR, said, “It is heartening to see these results in a difficult COVID-hit year. We are confident that the recruiting companies. will benefit from the drive and innovation that our participants will bring to their organisations.”