Over 56% bag global offers as SP Jain winds up placements
Over 56 per cent students from the Class of 2020 bagged offers from Singapore, Dubai, Qatar, and Malaysia as SP Jain School of Global Management (SP Jain Global) concluded its campus placements.
The flagship Global MBA (GMBA) and Master of Global Business (MGB) programmes attracted top-drawer recruiters such as Aramex, Bayer AG, Cognizant, Dabur, Danzas AEI Emirates LLC, EY, Emerson, Frost & Sullivan, Genpact, Grant Thornton LLP, Henkel AG & Co, and Reckitt Benckiser.
The business school (B-school) also reported several new recruiters this season, including Paytm, Neutrinos Siemens Mobility, Daimler AG, Michelin, OLX Group, Micron Technology, Inc., Tata Cliq, and Ornua. The highest compensation package for the Global MBA class stood at ~43.9 lakh; for the MGB programme, it was ~35 lakh.
The annual average salary for GMBA stood at ~22 lakh; for MGB, it was ~16.7 lakh.
Sector-wise, information technology emerged a top recruiter this year, with over 33 per cent placement offers, followed by logistics (22 per cent) and consulting (11 per cent). The fast-moving consumer goods, banking, financial services and insurance, edtech, oil and gas, manufacturing, and pharmaceutical sectors were some of the other recruiters of the Class of 2020.
Function-wise, sales and marketing roles were the most soughtafter by students, accounting for nearly 36 per cent of overall offers made. This was followed by consulting roles at 22 per cent and supply chain management roles at 15 per cent. Functions like general management, finance, category and programme management, along with project management, were well represented in this season’s placements.
The GMBA is designed for professionals with three-plus years of work experience, and the batch has an average work experience of over six years.
The MGB is a 16-month programme designed for graduates with little or no experience and includes a mandatory four-month international internship component with opportunities to convert into full-time.
The international offers came despite a tough year amid the Covid-19 pandemic, with the Bschool having seen over 84 per cent of the class snapping up international internship offers in 2020.
Commenting on the placements, SP Jain Global Director Nitish Jain said students graduating from the B-school carried a unique competitive advantage in terms of international exposure, having studied in three countries, including Singapore, United Arab Emirates, and Australia.
“They understand how to operate in a global business environment — a skill recruiters value. They undertake projects with top companies, interact with business leaders and thinkers, go on cultural tours, and develop important global skills. These skills have led to better jobs, salaries, and better graduate outcomes,” added Jain.