Shailesh J. Mehta School Of Management

Shailesh J. Mehta School Of Management, IIT Bombay

SJMSOM-IIT Bombay makes Significant Foray into International Frontiers with 17% of Batch Offered Positions Abroad

A total of 53 companies gave 153 offers to the batch of 53 students. The offers per student stood at 3 approximately. The average domestic salary was Rs. 13.96 Lakhs this year, an increase of 44% from the previous year�s figure of Rs. 9.71 Lakhs. The median salary registered a rise from Rs. 9.5 Lakhs to Rs. 14.50 Lakhs, an indicator that most of the batch got salaries in the upper band. The highest domestic offer was Rs. 21.0 Lakhs whereas the lowest salary was of Rs 7.75 Lakhs. The highest international offer was US $ 85,000 by Olam International (Singapore).

Pre-Placement Offers were made to 40% of the batch before the start of the placement process. The list of companies included Citibank, Standard Chartered, L�Oreal, Cadbury, Spencer�s Retail, Feedback Ventures, TPG, and Wipro.

The significant thing about the final placements this year was the exciting profiles that were on offer. The companies offered profiles in General Management, Private Equity, Investment Banking, Wholesale Banking, Management and IT Consulting, Strategy & Execution, Sales & Marketing, amongst others. Senior positions like Associate Vice President and fast-track Leadership roles were the most-coveted profiles. A heartening thing was that corporates offered specific roles to suit the interests of students to attract them. HCL, for example, offered a unique international role in Business Development for the middle east region, which is one of the most sought after positions in services industry.