The top 50% of the 2014-16 batch at Sjmsom, IIT Bombay secured an average package of Rs 18.2 lakh at the Final Placement, bagging positions in diverse areas including Consulting & Analytics, BFSI, IT/ITES to Manufacturing and Healthcare.
At the placements, the maximum average CTC was Rs 27.5 lakh while the top 30% got Rs 20.3 lakh.
As many as 117 students participated in the placements, an increase of 50% over the previous batch, receiving 100 offers. They had also bagged 26 PPOs/PPIs.
Of the 49 companies turned up for the placements, 16 were new recruiters.
The students had an average work experience of 29 months. About 24% of the batch had work experience of 25-36 months, 23% had 19-24 months and 20% had more than 36 months experience. Freshers constituted 16% of the batch.
While 24% of the batch came from IT-ITES background, 17% were from automobile/manufacturing followed by 13% in BFSI +IT-BFSI.
Among the recruiters, Consulting & Analytics constituted 22% claiming 28% of the batch while FMCG/FMCD at 20% recruited only 13% and BFSI (18%) bagged 23% of the batch.
In Consulting, major recruiters were Accenture, Capgemini, Deloitte, GeP, IBM Consulting and PwC among others.
BFSI saw Axis Bank, Goldman Sachs, Fidelity Investments, HDFC Bank, ICICI Bank and Nomura. IT/ITES included Capegemini, Cisco, Dell, Google and Infosys.
The Sailesh J. Mehta School of Management (Sjmsom) at IIT Bombay offers, apart from its flagship Master of Management program, an EMBA in collaboration with the Washington University in St. Louis.
(Image and Graphic Courtesy : SJMSOM Placement Report)