A stellar 100% placement rate marked the gratifying completion of the batch of 2020–22’s placement season at SCMHRD. The season saw a median package of 20.0 LPA and a record-high average CTC of 20.40 LPA for the MBA batch. 35.50 LPA was the highest domestic package offered, and 61.50 LPA was the highest international CTC. Google, ITC Limited, Flipkart, RIL, HSBC, Deloitte, Cisco, Mercer, Nivea, EY, Korn Ferry, and other prominent recruiters were among the 110+ prestigious recruiters who visited the campus. The key highlights of the final placements for 2022 are mentioned below.
The top quartile of the MBA batch had an average CTC of 25.80 LPA, whereas the average package offered for the top 10% of the batch was 31.10 LPA. The batch comprised of a 7:3 male-female ratio. With an average work experience of 15.78 months, 61% of the students from the batch had prior professional experience. Talking about the specialization-wise figures, the highest package offered for Human Resources was 35.50 LPA, while the highest packages for Sales & Marketing and Finance were 32.00 LPA and 20.50 LPA, respectively. An average CTC of 32.00 LPA, 30.1 LPA, and 20.25 LPA was offered to the top 10% of HR, Marketing, and Finance students respectively.
The soaring placement figures of the two niche courses offered by SCMHRD also reflect the overall achievement of the batch. The median package for the MBA-Business Analytics course was 16.95 LPA, compared to an average package of 17.3 LPA. This year’s highest offer was 32.00 LPA. The top 10% of the group received offers with an average CTC of 24.78 LPA. The institute witnessed recruiters from all the prominent sectors of the industry. IT/ITES sector constituted 29% of the companies that visited, followed by consulting (16%), the BFSI, and manufacturing sectors at 10%. In comparison to the previous year, the average CTC has increased by 9.49%.
In terms of placement this year, the MBA in Infrastructure Development and Management banked a record high. The highest offer was at 26.50 LPA, with 14.31 LPA and 14.00 LPA, respectively, being the average and median CTC. The top 10% of the batch’s average was 21.67 LPA. The average and median packages have increased significantly over the previous year by 14.48% and 18.64%, respectively. 46% of companies visited were from the IT/ITES sector.
The SCMHRD students have had a myriad of opportunities this year. It shows the batch’s grit, perseverance, and hard work. The winning mantra of this year’s placement also includes a mix of experiential learning, numerous business engagements in the form of panel discussions and guest lectures, and active involvement in corporate case competitions. As the season concludes, the overall quality of opportunities, roles offered, and placement figures have been exceptionally good, and SCMHRD hopes to raise this bar in future seasons.