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How are the placements for freshers in B-schools like SPJIMR?
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.
What is the best option for an MBA in finance for the CFA level 2 candidate between SPJIMR, Mumbai and IIFT, Delhi?
I believe IIFT offers an MBA only in International Business. It is a government institute and has a brand.
Mumbai-based SPJIMR is a top business school. The institute provides several management programs, including a two-year full-time MBA in Finance. SPJIMR's MBA Finance program teaches students finance fundamentals and career skills. Students learn real-world problem-solving abilities through classroom lectures, case studies, and simulations.
However, for MBA in Finance you should go for SPJIMR. It is in the same league as IIFT and also has the same advantage in terms of location.
Should I go for a GMBA from SP Jain, opt for an M.Sc in Business Analytics from Essex University in the UK or pursue an MBA from Australian National University?
If you are considering pursuing a Global Master of Business Administration (GMBA) degree from SP Jain School of Global Management, there are a few things you should know about the program. Here's what you need to know:
- The GMBA degree from SP Jain is accredited by the Tertiary Education Quality and Standards Agency (TEQSA) in Australia.
- The program is designed to provide students with a global perspective on business, with classes held in three different countries - Singapore, Dubai, and Sydney.
- The program is rigorous and requires students to work hard to keep up with the demands of the curriculum.
- While the program does not guarantee a job, it does provide students with opportunities to network with top companies and alumni, which can help them secure employment.
- The program is ideal for students who are looking for a unique and challenging experience that will prepare them for a career in international business.
If you are considering the GMBA program from SP Jain, it's important to note that while the program does offer an Australian-accredited degree, the primary focus of the program is on providing students with a global perspective on business. The program is ideal for students who are looking for a unique and challenging experience that will prepare them for a career in international business.
It's important to note that while the GMBA program can provide valuable opportunities for networking and career development, ultimately, your success will depend on your own efforts and abilities. If you are only looking for a job, it's important to focus on developing your skills and experience and to network with companies and professionals in your field. Jobs will follow you, no matter where you graduate from.
In summary, the GMBA program from SP Jain School of Global Management provides a unique and challenging experience that can prepare you for a career in international business. While the program does offer an Australian-accredited degree, its primary focus is on providing students with a global perspective on business. Ultimately, your success will depend on your own efforts and abilities.
Should I choose MBA at XLRI (BM) or MBA at SPJIMR (Marketing)?
SPJIMR (S.P. Jain Institute of Management and Research) is a business school in Mumbai. It is affiliated under Bhartiya Vidya Bhavan and is a private business school. It has a campus of 45 acres in Andheri’s Western suburb regions. It’s been ranked 16 by NIRF 2019 in the category of best business schools in India.
XLRI formerly known as Xavier Labour Relations Institute or Xavier Institute of Management is a private business school in Jamshedpur, Jharkhand. It is affiliated with AMBA and AACSB. In the management category, it’s been ranked at 4th by NIRF 2020.
Admission:
SPJIMR:
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For PGDM Marketing, the applicant should have a bachelor’s degree with at least 50% marks.
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The overall cut off of CAT is 85 percentile.
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If the applicant has given an entrance exam of GMAT, the cut off marks will be 85 percentile.
XLRI:
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The qualifying scores for admission in XLRI is XAT. The required cutoff in 2019 was 96.
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Along with XAT, applicants are required to give a written ability test (WAT), Group Discussion (GD), and personal interview (PI).
Given below are a few of the key information for the PGDM Marketing program at SPJIMR and MBA BM at XLRI.
|
Category |
S.P. Jain Institute of Management and Research |
Xavier School of Management |
|
Fee Structure |
17.5 lakh (MBA) |
23.6 lakh (BM) |
|
Faculty |
44 |
81 |
|
Placement Percentage |
100% |
100% |
|
Highest Package |
51 lakh per annum |
58.5 lakh per annum |
|
Average Package |
26.36 lakh per annum |
21 lakh per annum |
Recruiting Companies:
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The top recruiters at SPJIMR are Goldman Sachs, McKinsey & Company, PwC, EY, Bain & Company, Deloitte, Capgemini, Bristlecone, Boston Consulting Group, IIFL, Bajaj Finserv, American Express, HSBC IB, ICICI Bank, JM Financial, Barclays, Duff & Phelps, etc.
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Some of the major recruiters at XLRI are Amazon, Flipcart, TCS, Microsoft, Ola, Cipla, JCB, Xiaomi, HCL, PWC, India Mart, OYO Room, Myntra, Mahindra, ACT, Capgemini, JP Morgan Chase, Samsung, Asian Paints, American Express, ICICI Bank, JM Financial, etc.
The choice of the particular college relies totally upon the student’s interest and priority. This is only the factual data of both the colleges.
I've a profile based call from SPJIMR for marketing. I'm a fresher and belong to biology stream. I do, however, have very strong acads and extra-curriculars. Is there a chance of conversion?
It would have helped if you had mentioned your CAT percentile but if you have got a profile-based call the ball is technically in your court, your good academic profile and extracurricular background would certainly give you enough topics to discuss in your GDPI process. And keep in mind that today most of the B-Schools are diversifying their students profiles which again gives you an edge because of your biology background.
SPJIMR usually has a cutoff of around 85 percentile in CAT for profile-based shortlisting and you gotta outperform others in the further rounds if your percentile is anywhere between 85-90.
How should a software engineer prepare for SPJIMR interview for MBA in Finance?
Preparing for an interview can be a hefty task if not done in the right way without the right set of knowledge. So here I am with a few tips that will upscale your interview preparation
- Identify your unique skills and USP. Present a logical stance as to why you are a better candidate than others and can contribute to classroom learning.
- Present a passionate claim of how Finance is your go-to specialization and how you are most suited for it.
- You should have made attempts to understand Finance in the past through online courses or interaction with people in the industry
- Get important knowledge about the industry and its key persons
- Answer the Why MBA part genuinely and don’t sugarcoat or bluff
- Present both your short-term and long-term goals after completing your MBA and make sure they are realistic
- Try to listen to others' opinions too during the interview
- Support your claims with plausible examples or life experiences to create more impact
- Approach the answers wisely
- Respect all the other members and give everyone a chance to speak
Lastly, don't let your anxiety get the better of you.
What are my chances to get into XLRI or SPJIMR in next intake?
If you have a strong academic record, relevant work experience and good performance in entrance exams such as CAT/XAT/GMAT and selection processes, your chances of getting into XLRI or SPJIMR could be higher. It's important to note that the competition for admission to these institutes is typically very high, so it's important to have backup options and apply to other institutes as well.
It's recommended that you research the specific admission criteria and selection process for XLRI and SPJIMR, and focus on preparing thoroughly for entrance exams and selection processes to increase your chances of admission. Additionally, you may consider seeking guidance from experts or mentors to help you navigate the application process.
Which B school is better for an MBA in finance for a fresher IIM Indore or SPJIMR?
IIM Indore and SPJIMR are top Indian business institutions with great finance MBA programs. Choosing between the two depends on personal preferences, career ambitions, and location.
IIM Indore, in Indore, Madhya Pradesh, is noted for its rigorous academic curriculum and industry-oriented approach. The finance department offers Capital Markets, Investment Banking, and Corporate Finance courses. Every year, top finance recruiters visit the school, helping the institute's placement record.
SPJIMR, in Mumbai, Maharashtra, is also noted for its academic quality and industry-focused curriculum. The institute's finance program includes Financial Markets and Institutions, Investment Management, and Corporate Valuation. Top recruiters like Goldman Sachs, JP Morgan, and Citibank often hire from the college.
|
Particulars |
IIM Indore |
SPJIMR |
|
Highest Package |
INR 1.14 CPA |
INR 77.8 LPA |
|
Average Package |
INR 30.21 LPA |
INR 33.02 LPA |
|
Fees |
INR 21.4 Lakhs |
INR 20.42 Lakhs |
Both IIM Indore and SPJIMR provide outstanding MBA in finance programs.
Which institution is better for MBA in Finance- SPJIMR or IIM- Indore? (For someone who has only 6 months of work experience)
Trying to make sure my answer is as objective as possible, I have mentioned the pros of both institutes namely SPJIMR and IIM Indore. The final decision can be made by choosing the one whose benefits appeal to you the most and matches your inclinations.
SPJIMR
- Small batch size of 250-300 students makes it possible to develop good bonding between peers. There is almost a family-like feeling. The small batch size also reduces the level of competition and increases proximity to faculty
- The average package was pretty decent this year and stood at INR 26.06 LPA
- A major USP of SPJIMR is its Rural internship called DOCC and GFT(global fast track program). These offer a unique experience of rural India as well as the foreign market in the same year.
- Another distinguishing factor of SPJIMR is the minors offered n other specializations like Analytics, Consulting, etc. This is like a secondary specialization for backup in the future.
- The culture at SPJIMR is friendly mainly because of the unique selection process
IIM Indore
- The main USP is the IIM Tag
- Huge batch size resulting in a larger stronger alumni base
- You do not have to choose a specialization at the time of admissions. Specializations are chosen after a year and still, the degree awarded is that of a General MBA only. So if you are not sure of your specialization and want to explore various aspects of Management, then IIM Indore is a better option for you.
How was the interview experience at the SPJIMR PGDM course for information management?
For SPJIMR, there are two rounds of interviews. These are both group interviews, with the first one focusing on inquiries related to your chosen field of expertise and the second round focusing on your morals and values.
In my friend’s case, no questions about information management were asked, but there were times when inquiries about the Internet of Things, artificial intelligence, and other hot subjects in this industry were made. It is best to arrive prepared according to your chosen specialization and to have some knowledge of the other specializations, such as finance, operations, and marketing. Everyone in the group was required to express their opinion on a particular supply chain problem, regardless of the field they chose to study. There are no domain-specific questions in the second round.
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