Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
What was the placement of the SPJIMR, Mumbai last year?
The SPJIMR, Mumbai PGDM placements for 2022 were a success, with 70 companies visiting the campus and offering a variety of exciting opportunities to students. A total of 123 PPOs were made during the placement season, which is a testament to the quality of education and training provided by the institute.
The placements resulted in a substantial rise in the median and average packages offered to students. Compared to 2021, there was a remarkable 20% increase in the median package, which indicates that students with a diverse range of skills and expertise were offered competitive compensation packages. The average package offered during SP Jain SPJIMR PGDM placements 2022 was INR 32.06 LPA, which was a significant rise of 23% compared to the previous year.
The highest package offered during PGDM placements in 2022 stood at INR 52.16 LPA, which is a testament to the caliber of the students and the effectiveness of the institute's placement process. The rise of 14% in the highest package compared to 2021 is a clear indication of the growing reputation and recognition that SP Jain Institute of Management and Research has been receiving in the industry.
The top recruiters for SP Jain Institute of Management and Research in 2022 included leading companies such as Amazon, Microsoft, and Tata, which is a testament to the quality of education and training provided by the institute. These companies have a reputation for recruiting the best and brightest candidates from top business schools, and their presence at SPJIMR PGDM placements 2022 is a testament to the quality of the institute's graduates.
How was your SPJIMR interview experience for the Marketing stream?
Here is the SPJIMR Interview Experience of a student for the Marketing stream:
Her interview was profile-based and included a writing assessment related to piracy and a psychometric test with 20 questions. During the interview, she was in a classroom with six candidates, two professors, and one alum. After giving a one-minute introduction, they were asked one-on-one questions based on their introductions and why they wanted to join SPJIMR. She talked about her current company (Cognizant), her extracurricular activities, and her hobbies, among other things.
They asked her about her work at Cognizant, and about her role as a secretary. They were then asked to wait while the adcom people announced the results. After lunch, they returned for the second round of interviews with senior professors. The interview ended positively, and she was ultimately selected.
Does SPJIMR have a different course structure and calendar than the IIMs and other top B schools? If so, is it better?
There are a few differences in the course calendar of SPJIMR and the IIMs that you should be aware of.
The major difference is that SPJIMR's flagship 2-year MBA course has Autumn Internship while IIMs have Summer Internship. In Autumn Internship, you will have completed most of your first-year B-school knowledge, which is a plus point when applying for corporate internships. Additionally, SPJIMR's famous Sem-III, which is a semester for Specialization courses, would have been completed by then. During this semester, you will undergo live projects which is like a near-internship experience and helps you a lot in your actual internship. However, this can keep you away from interacting with students from other B-Schools, unlike in the case of the Summer Internship. During the Autumns Internship selection process, roles are Specialization Specific, and having completed Sem-III restricts the roles you can take outside of your specialization.
With the completion of the Autumn Internship, the final placement season is usually 3/4 months away, giving companies time to roll out PPI/PPO wisely and allowing students to choose prudently between PPI/PPO and the option to be part of Final placements. However, this can leave students with less time for preparation for finals if they don't get PPI/PPO or reject those.
There are also a few minor differences in the course calendar. For example, in the summer, SPJIMR has Social Internship, whereas IIMs have a corporate internship. Additionally, in the mid-second year, SPJIMR students fly to the US for Fast-Track Learning, which is not available in IIMs. The second year for SPJIMR students is mostly busy with Sem-III then GFT then Autumns Internship. Thus SPJIMR students take part in corporate competitions (likes of LIME, Mahindra War Room, TBLA, etc.) during the first year itself, although this is just a norm. SPJIMR also offers numerous Minors (viz. Analytics, Finance, Consulting, Strategy, etc.). But the Analytics semester overlaps with International Exchange Semester. This means students can either do a Minor in SPJIMR OR an International Exchange at Foreign Universities.
Overall, while the timing of the internships is different, SPJIMR's Autumn Internship can be an advantage for you, and the live projects in Sem-III can provide you with valuable experience. However, you should also consider the minor differences and how they may affect your interests and goals.
How good is SPJIMR's PGDM? I’m looking at the current placement records of over 26L average. Is it performing better than top B-schools like XLRI/FMS/IIM?
SPJIMR has been among the top 5 or 10 B Schools over the past few years consistently. Its brand value can be compared to XLRI, FMS, and even IIMs except for IIM ABC. This is because even now there are some roles offered to IIM ABC students that are not offered at SPJIMR. But this is not a major issue as these roles seek only extraordinary profiles and In Fact, many other roles offered at IIM ABC are lower than average.
In SPJIMR even the lowest package is decent and the range of salary is not very broad. This year, SPJIMR's average package stood at INR 33.02 LPA.
Other key points to note in comparison to old IIMs is that our Highest CTC is lower than that of IIMs but our Lowest CTC is higher than that of IIMs. So I will suggest anyone with an exceptionally good profile to choose IIM whereas someone with a decent average profile should go for SPJIMR only. It is important to note that getting roles at SPJIMR is a bit easier than IIMs mainly because of the small batch size and less competition.
How was your SPJIMR interview experience?
The following interview experience is based on my friend whose profile looks like this
- 10th: 95%( Odisha board) : state rank 47
- 12th: 79% (Odisha board)
- Graduation: 82.2% ( BSc in agriculture 4-year degree program)
- CAT 2021: 96.07 %le (2nd attempt )
After ID Verification, she was taken into a room for GI where 3 panelists were waiting for her. After the introduction, she was probed with the following questions:
- Why did she choose Marketing as her specialization? To this, she gave a pre-prepared answer
- Looking at her rural internship, they asked her why she did not take up Rural or agricultural marketing. She told them that agricultural marketing would be monotonous because of her graduation in the same field and she wanted to explore other fields. In fact, many of the courses offered at SPJIMR aligned with her career interests.
- The panel also asked about her achievements during the rural internship program. This part was also answered smartly by her. She told the panelists how she provided better market accessibility, solved problems, and understood consumer behavior.
- They asked her how she provided better market accessibility. She told them about government online portals like eNAM and ReMS.
GI Round 1 concluded after some more related questions. The other members participated actively and all 4 of them got selected for Round 2. Here they asked more objective questions like:
- Who would you prefer as a captain between Virat and Dhoni And why?
- Do you think aggressive behavior is unhealthy for the spirit of sport?
In conclusion, the 1st round was data-based and subjective while the 2nd round was easier and quite objective.
Can I prefer SPJIMR over IIM IKL?
Yes, one can definitely choose SPJIMR over the three IIMs IKL. To answer the why part, I have individually compared each IIM to SPJIMR and justified why SPJIMR is a better choice in all the 3 cases.
IIM Indore
SPJIMR over IIM Indore is a choice as everyone is aware of the huge batch size at IIM Indore which becomes a major obstacle during placements. Moreover, it gives a lot of weightage to past academics so it’s not a good option for those who fared average during 10 and 12 but are now ready to face challenges.
IIM Kozhikode
The only aspect in which Kozhikode has an upper hand when compared to SPJIMR is the campus beauty and I am sure this is not the most important criterion for judging a college at all. SPJIMR offers a more innovative and structured curriculum, a smaller batch size combined with the chance to live in the city of Dreams. The only aspect that it lacks in comparison to Kozhikode is the fact that you have to choose your specialization during admission itself whereas Kozhikode gives you a year's time to do so. Then again if you are certain of your specialization, nothing is better than SPJIMR.
IIM Lucknow
Honestly speaking many might consider IIM Lucknow a tad bit better than SPJIMR and rightly so. When it comes to consulting and Finance, IIM Lucknow is a better option. It also attracts the best profile and not the kind accepted at SPJIMR. Additionally, the batch comprises IITians majorly who are there for the tag. These geniuses create tough competition which is lacking in the case of SPJIMR. This turns out to be a benefit for SPJIMR as students who are not at the top are able to get good roles at top consulting firms. So in terms of Finance, Consulting, and IIM tag, IIM Lucknow seems to be better but is similar to SPJIMR in all other aspects.
How are the placement prospects after doing a 1-year MBA from SPJIMR?
SPJIMR MBA program is known as the PGPM program and offers decent on-campus placements. Some key highlights regarding the placements for this program are
- A number of reputed firms visit the campus for PGPM placements
- The companies offer specific roles only and the main criteria for this program is 5 years of work experience
- There are no mass placements for this batch
- The most common roles offered to depend on your specialization such as Consultants and Product or Program Managers
- The placement drive begins at the end of September and lasts till Feb, depending on the number of unplaced students and market conditions
- The SPJIMR Career Services team manages the campus recruitment process.
- PGPM recorded a 20% rise in the average CTC over last year
- The average CTC of the top 25% and top 50% of the batch stands at INR 31 L and INR 28.70 L, respectively.
If you are looking for a more detailed version, check the official website for reports.
Should I choose an MBA in SPJIMR finance or XLRI HRM?
XLRI Jamshedpur and SP Jain Mumbai are both renowned management colleges in India, with XLRI having an edge due to its older establishment.
If you enjoy managing people and prioritize teamwork, a career in HRM may suit you well. It's worth noting that HRM has evolved to be much more than just headhunting.
Before making a final decision, it's important to consider the type of organization you would like to work with, if that's your goal post-MBA. This can help you make a more informed and beneficial decision.
Which is the better choice between SP Jain, IIM Lucknow and XLRI Jamshedpur?
When considering MBA programs, XLRI is a top choice and better than both SP Jain and IIM Lucknow due to its strong academic curriculum and excellent facilities. It is not only known for its Human Resources (HR) program, which is considered to be the best in India, but also for its Business Management (BM) program, which has a strong track record of 100% placement year after year. Additionally, XLRI has a wide range of placement opportunities for its students. Overall, XLRI is a well-rounded choice for an MBA program.
The median salary offered to students in the batch of XLRI was INR 30 lakhs per annum, with the top 10th percentile averaging INR 48 lakhs per annum and the top 25th percentile averaging INR 43 lakhs per annum. The top segments for roles offered were Consulting, ITES, E-Commerce, Gaming & Online Services, and Sales & Marketing. XLRI is highly regarded as the best institution in the country for Human Resources (HR) education. HR roles were offered by a wide range of companies, including P&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan Chase and Co., Google, Samsung, Bajaj Auto, Myntra, Ola, and others. The HR roles offered include HR Consulting, Recruitment, Compensation & Benefits, HR Analytics, and Chief of Staff. Premier consulting firms like PwC, EY, and Deloitte open exclusive HR consulting roles for XLRI students, further emphasizing the trust placed in XLRI graduates as future HR leaders.
Which is the better choice between SP Jain, IIM Lucknow, and XLRI Jamshedpur?
It depends on your business school needs. You listed three prestigious schools. This may help you choose:
- SP Jain is famous in India and globally for its global business and entrepreneurship concentration.
- The oldest and most famous Indian business school, IIM Lucknow, is known for its academic rigor and research.
- XLRI Jamshedpur emphasizes management and social responsibility.
Academically, with facilities, and placement, XLRI is better. It is the best in India for HR and BM, with 100% placement every year.
SUBSCRIBE TO OUR NEWS LETTER
