SPJIMR’s 1 Year MBA Alumni Report Excellent Returns From The Programme

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The 15 Month PGPM program at SPJIMR Mumbai is Ranked the 4th Best 1 year MBA in India by Outlook. Judging from the heights the graduates of the programme are achieving the reputation seems well deserved.

The PGPM at SPJIMR Mumbai is an AICTE approved 15-month program with a one-year full-time residential component, preceded by a 3-month off campus blended web learning component. It is meant for professionals with a minimum of five years of work experience.

The placements from the course have been positive with the institute reporting 100% placement consistently from the PGPM programme.

Salaries in 2018 (for the PGPM Class of 2017 graduates) were stellar. The class managed to get a mean salary of Rs 1,800,023 and a maximum salary of Rs 2,958,450 at the final placements.

 A majority of the students get hired into consulting profiles.

 The recruiters base for the institute is large and diversified – top names such as Goldman Sachs, Google, KPMG, PWC, J.P Morgan, E&Y, Accenture, Flipkart recruiter regularly from the PGPM programme.

 “The PGPM course’s return on investment was beyond my expectations…I got the location, role, industry and responsibility as desired.”

But institute stats aside, the best way of assessing the true worth of a management education program is to seek out views from alumni and chart their career graph.

With this in mind, we reached out to Chaithanya Gowda, Dy. General Manager, Jio Financial Services who enrolled for the one-year MBA with Marketing and General Management at SPJIMR (Class of 2014-15).

Asked his views on joining SPJIMR, he shared “The decision to join SPJIMR was an easy one – it’s a brand that stood very tall in the management education sector. It also provided one year MBA option which clearly fitted my requirement of the management program for exponential career growth after spending more than 5 years in the industry.”

“Compared to similar programs, the course fee is less. The class size is relatively small leading to closer interaction among the cohort and the faculty and a better chance of good offers coming your way during placements – Tushar Mahajan, Senior Consultant at Deloitte India

Asked about the return of investment (ROI) from earning the degree, he says, “The PGPM course’s return on investment was beyond my expectations…I got the location, role, industry and responsibility as desired. I got back to Bangalore to stay with my family with a challenging role of building something very close to a start-up within a huge organization like Reliance Jio.”

About the most valuable skills he gained from the program, Chaitanya listed leadership, peer learning, decision making, consultative selling and effective time management, considering the tight schedule during the program.

His advice to fresh entrants would be that SPJIMR is not a destination to reach, it is rather a journey to experience. “So in true spirits of the institute and program, enjoy your stay at SPJIMR. Stay focussed and the rest of the skills required for your success will be part of your journey.”

Sunil Velaga, Head – Asset Operations at Chip, a position he has been holding since September 2017 in a career spanning 10 years and 7 months, was initially keen on a 2 year MBA. But in the end he attended SPJIMR’s 1 Year PGPM for MBA General Management and specialisation in Operations Management (2007-08).

“I did my MBA in 2007, with four years of experience in the public sector, initially I had considered a 2-year MBA, but the admission committee asked me to consider the one year program also. Initially, I was a bit apprehensive but checked the profiles of alumni and other factors.

Later, considering that I would be spending lesser time away from work and other such factors, I enrolled for the program.

He says the return of investment was very high compared to IIMs and other institutions like ISB. SPJIMR places a lot of emphasis on work experience. It also focuses on society. Couple of courses like ADMAP proved useful.

SPJIMR’s Assessment and Development of Managerial and Administrative Potential (ADMAP) is aimed at creating leaders, entrepreneurs and managers who can “get things done”. A part of the “non-classroom learning,” it teaches the art of administration to business students in a fun, experiential way and involves ‘self-learning’ and ‘management of the self’ through the prism of ‘doing, observing, reflecting and recording’.

Tushar Mahajan, Senior Consultant at Deloitte India (Strategy & Operations-TMT) had also initially considered a 2-year program. Subsequently, he opted for the PGPM.

He says the program taught him how to handle pressure and work within a deadline. The intensive training has helped him in multiple tasks like handling clients and in quick decision making.

About the return of investment, he says compared to similar programs, the course fee is less. The class size is relatively small leading to closer interaction among the cohort and the faculty and a better chance of good offers coming your way during placements.

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