SBM NMIMS Mumbai Placements 2024: The School of Business Management (SBM) NMIMS University Mumbai Campus, one of the leading management Institute in Mumbai, released its placement data for the batch 2024; with the Average CTC of Rs. 25.13 LPA and the Highest CTC Rs. 67.70 LPA.
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The MBA Core programme has achieved an impressive 96% placement rate, with an additional 2% of students pursuing their career aspirations. Similarly, the MBA HR program has also shown commendable results, with 90% of students successfully placed and 3% opting out of the placement process altogether.
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A total of 72 new brands for the MBA Core students and 21 for the MBA HR students were introduced, including numerous Fortune 500 companies. This batch of students has secured a variety of impactful roles across several key business sectors, including finance, marketing, human resources, strategy and operations, supply chain management, and analytics.
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Placement Highlights of the MBA Core Programme:
- Impressively, the top 10% of the cohort secured an average Cost to Company (CTC) of Rs. 40.60 LPA, signalling the strong demand for high-calibre talent from NMIMS.
- Beyond the top tier, compensation remains robust, with the top 20% and 30% earning average CTCs of Rs. 37.10 LPA and Rs. 34.40 LPA, respectively.
- This trend continues, as the top 40% also command competitive salaries, averaging Rs. 32.10 LPA.
- The Average CTC for the entire batch stands at a commendable Rs. 25.13 LPA, a significant marker that sets expectations for new graduates, thereby reinforcing the value of an MBA from NMIMS. Furthermore, the Highest CTC for the 2024 batch reached an impressive Rs. 67.70 LPA.
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A diverse array of 168 recruiters participated in the placement process. Among these, 72 were new to the campus, signifying the institution’s expanding reputation and the growing interest from companies eager to connect with fresh talent. Notably, 68 Fortune 500 companies participated among these recruiters.
Moreover, an impressive 37% of the batch received placements through Pre-Placement Offers (PPOs), often given to students who have excelled during their internships.
The placement statistics demonstrate a diverse range of sectors actively seeking NMIMS graduates, all offering competitive packages:
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Finance: The highest package in this sector peaked at Rs. 31.20 LPA, illustrating excellent opportunities for students specializing in finance.
General Management (International): This field saw the highest package at Rs. 61.39 LPA, pointing to lucrative prospects in international management roles and the preparedness of NMIMS graduates for global challenges.
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Marketing: Marketing positions boasted the highest CTC of Rs. 67.70 LPA, equivalent to the overall highest package for the batch, underscoring the strong demand for proficient marketing professionals.
Operations & Data Science: The Highest CTC in this rapidly evolving sector reached Rs. 31.38 LPA, reflecting the increasing importance of data-driven decision-making in contemporary business environments.
Placement Highlights of the MBA Core Programme:
The average compensation package is Rs. 24.67 LPA for the top 10%, while it is Rs. 22.95 LPA for the top 20%. For the top 40%, it remains at Rs 21.50 LPA. The average cost to the company stands at Rs. 18.64 LPA, while the highest package touches Rs. 25.02 LPA.
The recruitment scenario is also encouraging: there are a total of 46 recruiters, out of which 21 are new entrants while 23 are from Fortune 500 companies. This comprises 27% of the batch finding placement through PPOs, thus registering a strong demand for talent in the industry.
Sector-wise MBA Core Placement Highlights of SBM NMIMS Mumbai Campus:
| Sector | Job Role | Leading Recruiters |
| BFSI | Solution Manager, Product Manager, Risk Manager, Digital Journey Owner, Analyst and Market Researcher Business Consultant, Data Analyst, Equity Research, Fundraising Client Relations, Investment Banking, Wealth Management, e-commerce, Digital Technology, and Credit Analytics & Innovation | Aditya Birla Capital , American Express, Axis Bank, Bank of America, Goldman Sachs, HDFC Bank, HDFC ERGO Hero Fincorp, HSBC, ICICI Bank, ICICI Prudential ETC |
| Conglomerate, Real Estate, Manufacturing, Oil and Gas, Automobile | Business Development, Commercial Leasing, Corporate Strategy & Analytics etc. | Adani, Air India, Baker Hughes, Bosch, DCM Shriram Everest, GE Healthcare, Godrej, Kirloskar, KNEST Aluform, KPMG ETC |
| Consulting | Management Consultant, Strategy Consultant, Technology Consultant Analyst, Financial Consultant, Business Associate ETC
|
Accenture, Accenture Operations, Accenture Strategy, Acuvon, Avalon Consulting, Avasant, Bain & Company ETC |
| FMCG, FMCD, and Retail | Project Sales, Retail Sales, MLE Sales, Digital Marketing, Product Manager, Sales Officer, Key Account Manager, Head of D2C Website, Finance, and Supply Chain Management. | Aditya Birla Group, Asian Paints, Bajaj Consumer Care, Bira 91, Britannia, Crompton Greaves, Diageo, General Mills, Godrej & Boyce ETC |
| IT / Analytics, Pharmaceuticals, Media, Telecom and Others | Product Manager, Associate Technical Consultant, Business Consultant, Data Consultant, Cloud Sales Executive, and Business Analyst in the domains of B2B Sales, Program Management ETC | VOIS, Abbott, Accelya, Airtel, Atlan, Axtria, Capgemini, Cipla, Cisco, Comviva, Google, Gramener, Hexaware, HCL, I-Link, Indegene ETC |
| Startup, Logistics, E-Commerce | Product Manager, Program Manager & Account Manager ETC | Cimpress, CatKing, Digio, E&Y, Epigods, FedEx, Flipkart, ETC |
