BITSoM Placement 2023: Highest package at Rs 50.10 lakh; Average salary at Rs 23.85 lakh

NEW DELHI: The BITS school of management (BITSoM) concluded its campus placements for the 2021-23 MBA batch. The institute saw the highest package at Rs 50.10 lakh per annum and an average package at Rs 23.85 lakh.

Students that had previous full-time work experience and had declared their last drawn salaries at an average of Rs 7.34 lakh were placed with an average salary of Rs 20.18 lakh per annum. The institute reported that the top 10% of the batch secured an average package of Rs 37.02 lakh while the average of the top 30% students is Rs 30.42 lakh. Top 50% students got an average salary of Rs 28.17 lakh.

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The BITSoM placement 2023 saw offers from various domains such as general management, consulting, sales and marketing, product management and technology, and finance. Companies including McKinsey & Co., Bain & Co., Kearney, Arthur D Little, Praxis Consulting, EY, PwC, KPMG, Deloitte India, and MXV Consulting hired during the placement process.

In the BFSI sector, companies such as JP Morgan Chase (investment banking), Cervin Ventures (venture capital), Eight Capital (private equity), Aditya Birla Capital, ICICI Bank, Kotak Mahindra Bank, Yes Bank, and FlexiLoans also recruited students. In addition to this, Hindustan Unilever, Pidilite, Aditya Birla Group, Vodafone Idea made offers for their flagship management trainee programmes.

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Furthermore, employers such as Signify, Aditya Birla Fashion and Retail, Eureka Forbes, BP, Arcelor Mittal, CISCO, Bosch, Tiivra, and HT Media, FanPlay IOT, Freyr Solutions, Zapcom, Accenture, HSBC Technology, Wolters Kluwer, also recruited students.

Speaking about the BITSoM campus placements, BITSoM, dean, Ranjan Banerjee, said: “This outcome has been possible due to our unique curriculum, the personalised developmental inputs led by Leena Chatterjee, the efforts of a stellar faculty pool from across the world, and a top-notch career services team. Credit must also go to our motivated and collaborative students, who worked together to make a statement as the founding class of BITSoM. For the few students left to be placed, we are working towards ensuring the best possible placement outcomes and expect the process to be completed soon. While we have made a very good start, our aspirations are very high, and we will do our best to improve and learn rapidly in the years to come.”