NMIMS Final Placement 2017: Average Salary Rs. 17.58 LPA


The School of Business Management at NMIMS, Mumbai witnessed the 2015-17 Batch of MBA Core students getting an average salary offer of Rs 17.58 lakh per annum and highest offer of Rs 34.11 lakh per annum at Final Placements 2017.

The batch of 587 students, 522 in MBA core and 65 in MBA HR, found placement in 176 companies. PPOs and PPIs saw a 20% increase over the previous year with 42% of the batch receiving offers.

The highest salary offer for MBA HR was Rs. 17 lakh per annum and average salary at Rs. 13.57 lakh per annum.

In work experience, 31% of the batch had 25-36 months followed by 26% with 13-24 and freshers at 23%. Those with more than 36 months of experience constituted 11% and 1-12 months at 9%.

The gender ratio was 30% female and 70% male. In the educational background, 80% were from Engineering, 11% Commerce, 3% each in Science and Management, 2% Arts and 1% Others.

Among the recruiting companies, sector wise, 25% were from BFSI, 16% from IT/ITES, 14% FMCG/CD, 12% Consulting, 7% Conglomerates, 6% each in Logistics, Retail and PSU, Manufacturing & Auto and Media & Telecom and 4% each in e-commerce and Startups and Pharma.

In sector-wise placements, BFSI claimed 27% followed by 19% in IT/ITES, 16% Consulting, 13% FMCG/CD, 6% each in Conglomerates and Media & Telecom, 4% in Logistics, Retail and PSU and 3% each in Manufacturing/Auto, e-commerce & Startups and Pharma.

In average salary, the top 50 received Rs 26.5 LPA, the top 120 got Rs. 23.4 LPA, the top 180 Rs 21.31 LPA and the top 240, Rs. 19.92 LPA.

The BFSI sector witnessed offers from 42 companies offering coveted roles to 27% of students. They were offered profiles in Commercial Banking, Corporate Banking, Investment

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Banking, Equity Research, Corporate Treasury, Global Investment Research, Corporate Finance, Basel – RAV, Credit and Risk Assessment, Wealth Management, Securities and Investment Management Division.

Industry leaders such as Goldman Sachs, JP Morgan, Bank of America, Credit Suisse, Nomura, Motilal Oswal, CRISIL and ICRA were among those offering multiple profiles across sectors.

In FMCG, Durables & Retail, 28 firms offered placements to 14% of the students. They received coveted profiles such in Sales and Marketing, Finance, Operations and Supply Chain Management.

Loyal recruiters included Asian Paints, ITC, Marico, Dabur, HUL, L’Oreal, Givaudan, Britannia, Pidilite, Raymond and Metro Cash & Carry. First-time recruiters included Colgate-Palmolive, BSH Group, Crompton Greaves Electricals, Amway and Safari who came with roles in Sales & Marketing, Finance and Operations.

The IT, Consulting and E-Commerce sectors witnessed 52 top companies offering profiles in Marketing, Business Development, Digital Marketing, S&M, Internet Marketing, Consulting, Advisory, GRID and Product development, Finance and Operations resulting in placement of 38% of the batch.

Technology companies such as Google, IBM, Microsoft and Wipro offered niche profiles to students. Consulting companies such as Bain Capability Center, Capgemini, Cognizant Business Consulting, Deloitte, EY, KPMG and PwC made offers in various sectors.

E-Commerce giants such as Amazon, Paytm and Shopclues offered roles in areas of Analytics, Digital Marketing, Business Development, Client Acquisition, Sales and Marketing and Operations.

In Conglomerates, Pharmaceuticals, logistics and Oil & Natural Gas, 23 companies recruited 12% of the students.Industry heavyweights such as General Electric, Reliance Industries Limited, Larsen & Toubro, Piramal, and Sun Pharma made offers, including leadership profiles, to students across various divisions.

The MBA- HR program saw the participation of 35 companies offering HR roles to 65 students in various sectors including BFSI, FMCG, Retail, Manufacturing, IT, Media and Telecom.

A consistent sector in placements at NMIMS, Pharmaceutical companies again made a strong mark at the current placement season by offering roles in Sales & Marketing, SCM, Finance and Operations.

Logistics companies such as FedEx, LogiNext Solutions and Writer Corporation offered profiles across various divisions. Oil & Gas sector saw top MNC’s such as Gulf Oil, Shell and Navratna companies IOCL and HPCL recruiting students in good numbers.

Coveted profiles were offered by companies from the Manufacturing and Auto sector. The profiles offered included Operations, Strategy, Sales and Marketing and Finance.

The companies included 3M, Crompton Greaves Electricals, Cummins India, Gulf Oil, Hero MotoCorp, Maruti Suzuki India Ltd and Schneider Electric.

The Media and Telecom sector saw a rise in the number of profiles offered to students. The profiles included Business Development, Financial Risk, Marketing, Research and Operations.

There has been a substantial increase in the Sales and Marketing roles offered in these sectors. The first time recruiters included companies such as Gulf Oil, LAVA and SRF.

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A total of 21 companies in Manufacturing & Auto, Media and Telecom claimed 9% of students.

The MBA- HR program saw the participation of 35 companies offering HR roles to 65 students in various sectors including BFSI, FMCG, Retail, Manufacturing, IT, Media and Telecom.

Among recruiting companies sector-wise, 31% comprised Conglomerates followed by 19% Consulting, 16% IT/ITES, 15% Manufacturing, Auto and Pharma, 13% BFSI and 6% Retail and HR Services.

In sector-wise placements, 36% were in Conglomerates, 30% in Consulting, 18% IT/ITES, 10% BFSI, 4% Retail and HR services and 2% Manufacturing, Auto and Pharma.


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