MUMBAI: Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR), concluded its legacy Autumn placement cycle for the combined Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Management (Business Management (PGDM (BM)) 2025 cohort, comprising 341 students, who secured autumn internships with leading companies, with an average stipend of ₹3,15,000. 

The batch received a remarkable 390 offers from 75 companies. The FMCG sector dominated placements, with 35% percent of participants placed in this sector, followed by consulting companies, which absorbed 21% of the batch. The median compensation for the batch reached a record high of ₹3,10,000, marking a 3.5% increase from the previous year. The top 50% of the batch secured an average offer of ₹4,17,000.

Recruiters from diverse sectors offered projects in Corporate Strategy, Investment Banking, Private Equity, Product Management, Analytics, E-Commerce, General Management, Corporate Finance, Corporate IT, Healthcare, Sales & Marketing, Branding, Operations, and Supply Chain roles.

“We are immensely proud of our students and grateful to our industry partners for their continued support. I encourage our students to make the most of their internships, leveraging this invaluable experience to grow both professionally and personally,” said Prof. Varun Nagaraj, Dean, SPJIMR.

The two-year full-time PGDM program provides a unique aspect in the form of Autumn internships. These internships enable students to undertake corporate projects during their second year of studies. Before this, they complete a term in their chosen specializations and a social internship during the first year.

“With an increased batch size, the support of our industry partners demonstrated SPJIMR’s strong and steadfast relationships with them. It also served as a testament to the significant contributions of SPJIMR graduates in developing the leadership pipeline within organizations,” said Prof. Renuka Kamath, Associate Dean, of Full-time Programmes, SPJIMR.

The number of Investment Banking/Private Equity and Product Management offers reached record highs, with increases of over 110% and 400% respectively, compared to the previous year. Prominent recruiters in these sectors include DC Advisory, Nomura, JM Financials, Edelweiss Alternatives, American Express, Intuit, Tata Digital, and Samsung Research.

Prof. Ashita Aggarwal, PGDM and PGDM (BM) Chairperson said, “It was heartening to witness our students’ performance during the Autumn recruitment process as they secured opportunities aligned with their skills and aspirations. The success of the internship program is a testament to the strength of our curriculum and the school’s commitment to excellence.”

This year, 22 first-time recruiters participated in the internship cycle. New additions to SPJIMR’s portfolio included the National Infrastructure Investment Fund (NIIF), Info Edge, Motilal Oswal, HSBC, Kenvue, Lupin, Lenskart, Titan, Angel One Wealth, Henkel, and Aequitas Investments.

This marked the final Autumn Internship Cycle as SPJIMR transitioned to the Summer Internship Cycle for the PGDM and PGDM (BM) batch of 2024-2026, scheduled for September 2024.

Placement Highlights

• Investment Banking/Private Equity and Product Management roles saw record increases in offers, rising by over 110% and 400 % respectively.
• The top 20% of the batch received an average stipend offer of ₹4,52,000.
• The top 50% of the batch received an average stipend offer of ₹4,17,000.
• 35% of the participants were placed with companies in the FMCG industry.

The post SPJIMR’s Autumn Placements Set New Stipend Records appeared first on NRI News.

MUMBAI: Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR) Centre for Family Business & Entrepreneurship (CFBE) invites applications for its Ladies in Family Enterprise (LiFE) program. LiFE is an enriching short-term program that seeks to nurture and empower women from business families with little or no experience in the business currently. They can be related to the owner/s either as wives, daughters-in-law, mothers, or daughters.   

LiFE is a four-month program where sessions are conducted twice a week in a hybrid mode (both offline/online). It aims to build a basic understanding of the business and the family, and the inter-relationship between the two. It also helps women to explore their role in the family business or start a new entrepreneurial venture supported by family and networks. Sessions are led by experienced academicians, industry experts, and alumni. The flexible program structure allows participants to integrate it into their daily routines perfectly.

On successful completion of the program, the participants shall be awarded the ‘Certificate of Participation’ from SPJIMR, recognized by the Financial Times Master in Management Ranking 2023 as India’s number 1 business school.

In a message to aspirants, Prof. Tulsi Jayakumar, Executive Director, CFBE, and Chairperson, Post Graduate Programme in Family Managed Business (PGPFMB), said, “90 percent of businesses in India are family businesses. Women from business families play a silent role and constitute silent assets. LiFE seeks to realize the hidden gems among business families by providing structured learning about business and its various dimensions. The end goal of the program is to build knowledge and skills needed to run a business and also to build confidence and empower women in business families.” 

Since 1997, SPJIMR’s CFBE has pioneered formal learning for family businesses with its 18-month PGPFMB. The program aims to nurture and develop talent within Indian family businesses and has helped over 4,000 family enterprises with its unique pedagogy focused on next-generation leaders. CFBE provides a platform for networking, learning, and growth, helping family-run businesses to thrive by offering access to best practices and cutting-edge knowledge.

Eligibility

• Women from business families with little or no experience in their family business
• Should be at least an undergraduate degree holder
• Over 30 years of age
• Comfortable with English, as it is the medium of instruction

Important program information

• Batch commencing from September 03, 2024. Know more: https://www.spjimr.org/course/ladies-in-family-enterprise-life/
• Sessions shall be conducted twice a week over four months, followed by a business plan presentation.
• For important dates, please refer to: https://www.spjimr.org/course/ladies-in-family-enterprise-life/admissions/
• For more information about the LiFE program and the application process, please visit https://www.spjimr.org/course/ladies-in-family-enterprise-life/.
• Admissions are in progress. Aspirants should complete the application form via the online admissions portal at https://spjimr-pgpfmb.nopaperforms.com/spjimr-life-application-form

The post SPJIMR Launches LiFE Programme For Women In Business Families appeared first on NRI News.