SIBM Pune Placement 2024: Highest Salary up by 40% at Rs.49 LPA; Average salary Up by 5% at Rs.28.16 LPA; Accenture, Cipla, Godrej, Deloitte hire big

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SK Aggarwal
SK Aggarwal
Editor, MBAUniverse.com
Updated on May 21, 2024
Symbiosis Institute of Business Management (SIBM) Pune has recorded an upward 40% jump in highest salary at Rs.49 LPA and 5% rise in Average Salary at Rs.28.16 LPA in Placement for MBA 2022-24 batch. SIBM Pune has concluded its Placement 2024 season on a high note with a total of 99 Companies participating in the Symbiosis Pune Campus Recruitment Programme this year with 96 PPOs. Accenture, Godrej, Cipla, Amazon are among the top recruiters
SIBM Pune Placement 2024

Placement 2024 at Symbiosis Institute of Business Management (SIBM) Pune has concluded on a high note for the MBA 2022-24 batch. While the highest package at Rs.49 LPA has registered a 40% increase, the average salary at Rs.28.16 LPA has registered an increase of 5% from last year and Median Salary at Rs.25 LPA has also registered a good increase. This can be rated a good achievement for the B-school as the placement season 2024 in most of the top B-schools has witnessed a dip in salary packages.

On successful completion of placements 2024, Dr Shrirang Altekar, Director SIBM Pune said, “The final placement for the MBA Batch of 2022-24 is a testament that SIBM Pune has achieved unprecedented heights year after year. This placement season was a resounding reaffirmation of our esteemed recruiters' trust in the exceptional talent pool nurtured at SIBM Pune. Our graduates showcased their abilities effectively, securing successful placements in various roles and industries and highlighting their adaptability to different professional settings.”

SIBM Pune is the flagship institute of Symbiosis International University. SIBM Pune has broken its own previous records in the final placements. This year placement at SIBM Pune witnessed outstanding success with a record breaking number of more than 99 recruiters in sectors like Automotive, BFSI, Consulting, FMCG/FMCD, Healthcare & Pharmaceuticals, IT/ITES, Manufacturing and more. Premier organizations offered coveted roles in Consulting & Strategy, Finance, General Management, Human Resources, Operations & Supply Chain, and Sales & Marketing.  

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 SIBM Students Get into Top Companies’ Management Programmes
SIBM Pune Students secured entry into renowned management programs like Accenture Talent Accelerator Program, Asian Paints IMPRINTS Program, Bajaj Finserv Group Young Leadership Program, Cipla ALIVE Program, Godrej Industries GALLOP Leadership Program, Marico STAMP Program, Reliance Emerging Leadership Program and others

Leading organizations and brands made placement offers to the SIBM Pune students. Apart from the legacy recruiters, SIBM Pune witnessed 55 new recruiters in placement 2024 from across the sectors and domains.  

SIBM Pune Placements 2023: Key Highlights

  • Average Salary increased by 5% at Rs.28.16 LPA in Placement 2024 from Rs.26.77 LPA last year
  • Median Salary has gone up at Rs.25 LPA from Rs.24 LPA last year
  • Highest salary increased by 40% at Rs. 49 LPA from Rs.35.05 LPA last year
  • Average Salary for Women Students was higher at Rs.29.19 LPA as compared to Male
  • tudents’ Average salary which stood at Rs.27.65 LPA
  • 99 Marque recruiters participated in Placement 2024
  • 55 were the New Recruiters 
  • 96 PPOs offered to Students
  • 33% of the participating students were women in SIBM Pune Placement 2024
  • Average Salary for Top 10% students up at Rs.37.53 LPA from Rs.33.27 LPA last year
  • Average Salary for Top 25% students up at Rs.35.14 LPA from Rs.32.80 LPA last year
  • Average Salary for Top 50% students up at Rs.31.63 LPA from Rs.29.99 LPA last year
  • BFSI and IT/Ecommerce emerged as top recruiting sectors with 23% and 21% share respectively
  • Top Recruiters include Accenture, Godrej, Cipla, Deloitte, Bajaj, Tata, among many others.

SIBM Pune 2022-24 Batch Profile
Below is shared the SIBM Pune batch profile for flagship MBA program 2022-24 batch

Programme
MBA 2022-24 Batch
Average Age
25 Years
Women Students
33%
Male Students
67%
Students with Work Experience
68%
Freshers
32%
Average Work Experience
17.04 Months

Top Recruiters
Out of the 99 participating companies there were 55 new recruiters who recruited SIBM Pune students for the first time. These companies across the sectors such as Automotive, BFSI, Consulting, FMCG/FMCD, Healthcare & Pharmaceuticals, IT/ITES, Manufacturing and more. SIBM Placement 2024 witnessed the offers made to the students in the fields of Finance, General Management, Human Resources, Sales & Marketing and Supply Chain & Operations.

Top Recruiters at SIBM Pune include regular and new companies alike. Accenture, Godrej, Cipla, Tata, Deloitte, Flipkart, Infosys Consulting, Capgemini, Axis Bank, Bajaj Auto, Dr. Reddy's, among many others were the top recruiters.

sibm

55 New Recruiters in Placement 2024
Number of new recruiters at SIBM Placement 2024 has gone up to 55 from 49 last year. Some of the prominent new companies that participated and made placements offers at SIBM Pune are Airtel, Air India, ASK Wealth Advisors, Avery Dennison, British Petroleum, HCCB, Mastercard, Petronet, Purplle.com, Seclore, TATA AIA Life Insurance, TATA Capital, Varroc, Waterfield Advisors among others

Sector-wise Placements
Following are the sector wise placements at SIBM Pune

Sector
Percentage of Total Offers in Placement 2024
BFSI
23%
IT/E-Commerce
21%
FMCG/FMCD
18%
Automobile/Manufacturing
13%
Consulting
 5%
Healthcare/Pharmaceuticals
 5%
Others
12%

Domain-Wise Placements & Top Recruiters
Below are shared the domain wise placements with key highlights, roles offered, average salary and top recruiters

Operations: Average Salary Rs.30.75 LPA
SIBM Pune's Operations specialization provides a holistic program, catering to industry needs with an emphasis on efficiency and process optimization. Graduates are prepared for challenges in supply chain management, logistics, and process improvement. The learning experience involves student interaction with industry leaders, staying updated with industry briefs, and analyzing real-world scenarios through case studies.

Roles Offered
The students of the Operations specialisation were offered roles as Business Transformation Consultant, Product Manager, Technology Consulting Associate, Scrum Master and Supply Chain & Procurement Associate among others. Key domains in which roles were offered include:

  • General Management
  • Management Consulting
  • Operations Specialist
  • Project Management
  • Supply Chain Management

Top Recruiters in Operations
Among the top recruiters making placement offers in Operations include American Express, IBM, Accenture, Godrej, Air India, Capgemini, Ernst & Young, Gartner, ICICI Bank, Indegene, Jio Platforms, LogiNext, Ninjacart, PayU, PwC, Relaxo, Reliance Industries, Rockwell Automation, Salesforce, Thoucentric Consulting, Vedanta and Whatfix, among others

Marketing: Average Salary Rs.28.74 LPA
The Marketing curriculum at SIBM Pune addresses the evolving requirements of the industry and ensures that the students are well-versed in crucial areas such as Consumer Behaviour, Marketing Analytics, Market Research as well as Sales & Distribution. A case-based pedagogy gives the students a practical understanding of changing market scenarios.

Roles Offered
The students of the Marketing specialization were offered roles such as Business Development Manager, Consultant, Management Consulting Analyst, Product Manager, Strategy Consultant and others in various domains such as:

  • Business Consulting
  • Consumer Marketing
  • General Management
  • Product Management
  • Product Specialist

Top Recruiters in Marketing Domain
Major recruiters who offered placement at SIBM Pune in Marketing domain are Accenture Strategy & Consulting, Aditya Birla Group, Amazon, Apparel Group, Asian Paints, Axis Bank, Bain & Company, Bajaj Auto, Castrol, ClearTax, Dabur, Deloitte, Flipkart, InCred, Infosys Consulting, GlaxoSmithKline Pharmaceuticals, ITC, Marico, McKinsey & Company, Morris Garages, Mindtree, Nexdigm, Phablecare, PhonePe, Pidilite, Titan, Varroc, Vodafone Idea, Wipro and Zydus Wellness, among others

Human Resources: Average Salary Rs.27.14 LPA
Students gain workforce management as well as strategic decision-making skills from the Human Resources programme.

Roles Offered
Roles in HR Analytics and HR Consulting were offered to students. Other roles included Human Capital Consultant, Human Resources Business Partner, People Advisor Senior Analyst, Senior Manager for Employee Experience and HR Systems and many more, in the following domains:

  • General Management
  • HR Business Partner
  • HR Generalist
  • HR Recruitment
  • Lead Management Consultant

Top Recruiters in HRM
Top Recruiters making placement offers in Human Resources are Accenture Strategy & Consulting, Aditya Birla Capital, Aequs Group, Bajaj Auto, Cisco, ClearTax, Dr. Reddy's Laboratories, Gartner, Gilbarco, GMM Pfaudler, Godrej Properties, Google, GreyOrange, Infosys Consulting, JPMorgan Chase & Co., Landmark Group, LogiNext, Marico, Metro Cash & Carry, Nestlé, Ninjacart, Procter & Gamble, Relaxo, Reliance Industries, Reliance Nippon Life Insurance, Searce Consulting, Shadowfax, Tata Steel, Varroc, Wipro, WNS and Zetwerk among others.

Finance: Average Salary Rs.25.52 LPA
SIBM Pune provides a comprehensive curriculum in financial management, enabling students to develop a holistic understanding of financial principles. This has helped students secure roles in top companies.

Roles Offered
Roles offered in Finance domain included Business Valuation Consultant, Finance Transformation Consultant, Investment Banker, Risk Analyst, Wealth Management Associate and many more. This year several prominent recruiters put their trust in the brand of SIBM Pune by offering roles across domains such as:

  • Credit Risk Management
  • Financial Analytics and Change Management
  • Investment Banking Project and Product Management
  • Wealth Management

Top Recruiters in Finance Domain
Prominent recruiters making placement offers in Finance domain at SIBM Pune include Aditya Birla Capital, Axis Bank, Accenture Strategy & Consulting, Accolite Digital, Avendus Capital, Bain & Company, Barclays, BMW Group, BNY Mellon, Cisco, Citi, Emkay, Gartner, GE Aviation, Genpact, HSBC STG, ICICI Bank, IDFC First Bank, InCred, Infosys Consulting, Jio Platforms, LogiNext, McKinsey & Company, Nexdigm, Ninjacart, PayU, PwC, Relaxo, Thoucentric, Vedanta, Whatfix, among others.

SIBM Pune’s student-driven culture, corporate engagement model and planned academic rigour have consistently resulted in a significant increase in the competency levels of the students. The students have again proved their mettle through quality performance during their Summer Internship and at various B-School Competitions. The regular recruiters at SIBM Pune reinforced their faith in the institute by opening newer roles for the students.

Established in 1978, Symbiosis Institute of Business Management, Pune is a premier B-School of India recognized for its excellence in academics, high quality management programme and its valuable contributions to industry, society and students. SIBM offers MBA degree programmes and is a constituent of Symbiosis International University (SIU) Pune. It is a dream MBA college and offers admission on the basis of SNAP exam scores.

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