In first-ever virtual interviews, internship offers for 236 students at Mumbai’s B-school

The internship placements for the postgraduate (PG) diploma in management (PGDM) batch of a top B-school in the city were conducted virtually this year owing to

The internship placements for the postgraduate (PG) diploma in management (PGDM) batch of a top B-school in the city were conducted virtually this year owing to the Covid-19 pandemic.

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The process, which concluded recently, brought together 88 recruiters, who rolled out 268 job offers for 236 PGDM students of Bharatiya Vidya Bhavan’s SP Jain Institute of Management & Research (SPJIMR) at Andheri (West).

The recruitment offers came from across industries such as banking, financial services and insurance (BFSI), e-commerce, fast-moving consumer goods (FMCG), pharmaceuticals and consulting.

FMCGs and e-commerce continued to be the most dominant sectors in terms of the number of recruitments with 33% and 15% of the students finding placements.

The median compensation for offers with stipends for the two-month internship clocked in at ₹2.40 lakh, and more than 60% of the batch received offers of ₹2 lakh and above,” said Sajeev Abraham George, the PGDM programme chair, SPJIMR.

Ranjan Banerjee, dean and professor of marketing, SPJIMR, said, “This is a commendable performance in a difficult situation. Not only did some students bag more than one job offers, we were also happy to see 61 first-time recruiters joining us this year, which included Allianz Investment Management, Invesco Mutual Fund, ICICI Prudential AMC and Prione.”

“Virtual recruitment process was handled across a combination of platforms including Zoom, Microsoft Teams, Google Meet, Cisco WebEx and Amazon Chime. Real-world systems and processes such as group discussions and interview panels were replicated virtually through unique features across the different platforms,” added Banerjee.