Good Days Ahead of MBA Graduates

After the pandemic-ridden two years, the hiring scenario in India is changing for the better. The MBA job placements data indicate that there has been an increase in the offers this year despite the downslide in the economy and challenges. On the other hand, Consulting, Technology, and BFSI sectors once again dominate in the placements landscape. The top business schools in the country manifested their mettle in front of the IIMs. For instance, Jamnalal Bajaj Institute of Management Studies (JBIMS) saw intakes from more consulting companies this year, including PwC, KPMG, and more. The highest package the institute received was between Rs. 43-44 lakhs.

JBIMS witnessed a considerable shift from Finance to Consulting in the hiring patterns. According to the institute, more companies seek professionals in data and analytics. Placement trends are also changing as fintech online retailers are showing interest since every thing has become tech-driven. Many banks are also showing up and are still major recruiters at the institute.

JBIMS has had a great yesteryear to the tune of demand well exceeding the number of students who graduated. In 2022, a total of 112 firms had registered to recruit new graduates, but 57 had to be sent an apology letter, according to director Srinivasan Iyengar quoted by ToI. The note read, “We regret to inform you that the JBIMS batch of 2022 has completed its final placement process, and all the students have thereby been signed out. This anomaly has been caused by a surge in the number of offers made by companies across various industries. This has impacted every top B-school placement process in the country, with JBIMS being no exception, which could not accommodate many of its legacy recruiters.” It's a great sign not only for the institute but also for the MBA graduates from across the country. We dedicate this yearly special issue to the prestigious alumni of JBIMS.