SIBM Pune Placements 2023: Highest & Average Salary Package, Top Companies

Noti Dinesh Kumar Reddy Noti Dinesh Kumar Reddy | Mar 29, 2024
Noti Dinesh Kumar Reddy
Noti Dinesh Kumar Reddy

Updated on - Mar 29, 2024

SIBM Pune placements 2023 have recorded some of the best placement statistics in the institute's history. The SIBM Pune highest package 2023 was recorded as INR 35.05 LPA. More than 107 companies have participated in Symbiosis Institute of Business Management Pune placements and offered a median package of INR 24.00 LPA. The median package in 2023 has increased by 15.38%.

Companies like Accenture, American Express, AON, Bank of America, Bajaj Finserv, Bosch, CISCO, Colgate Palmolive, Ernst and Young, Microsoft, Morgan Stanley, PhonePe, PwC, Samsung, Tata Consumer Products, Vodafone Idea, Wipro, etc., are some of the SIBM Pune top recruiters.

SIBM Pune has concluded the Summer Internship Recruitment Program for the MBA batch of 2022-24. More than 75 companies have participated and offered 200+ internship offers. The highest stipend offered, increased by 26%, was recorded as INR 4.40 Lakhs for two months. Students have interned in companies like Amazon, Asian Paints, Godrej Industries Limited, ITC Limited, JP Morgan Chase and Co., Nestle, etc.

With a strong reputation for offering top-notch academic programs, SIBM Pune has witnessed stellar placement records and impressive job opportunities for its graduates. Find out more about the placement scenario at the institute that has provided students with fruitful career opportunities here- GetMyUni Verdict.

Table of Contents

SIBM Pune Placement Highlights 2023

The SIBM Pune has a placement cell that organises annual placement and Summer Internship Recruitment Programs for MBA students. During the 2023 placement drive, the SIBM Pune average package improved by 16.08%, reaching INR 26.77 LPA. Around 111 PPOs, the highest in the institute's history were offered to students based on their performance in internships, live projects, and case competitions.

Some of the key placement highlights of SIBM Pune placements 2023 are given below.

Particulars Highlights
SIBM Pune Highest Package Offered INR 35.05 LPA
SIBM Pune Average Package Offered INR 26.77 LPA
SIBM Pune Median Package Offered INR 24.00 LPA
Number of Legacy Recruiters 58
Number of New Recruiters 49
Number of Pre-Placement Offers 111

SIBM Pune Top Recruiters 2023

Around 58 legacy recruiters and 49 new recruiters have participated and recruited students from Symbiosis Institute of Business Management Pune placements. Some of the SIBM Pune top recruiters during 2023 placements are given in the table below.

American Express Axis Bank Bain and Company
Bank of America Capgemini Cipla
Ernst and Young Deloitte Flipkart

SIBM Pune Placement Statistics

According to the official website, SIBM Pune average packages offered to male and female students in 2023 are INR 26.31 LPA and INR 27.67 LPA, respectively. Statistics like salary trends, specialisation-wise average package, sector-wise offers, etc., during SIBM Pune placement 2023 are given below.

SIBM Pune Year-wise Salary Trend

Even though the SIBM Pune highest package dropped in 2023, the average and median packages have improved compared to previous years. The average and median packages saw a growth of 16.08% and 15.38%, respectively.

The table below shows the SIBM Pune salary trend of the MBA program for the last three years (2021 to 2023).

Particulars 2023 2022 2021
Highest Salary Package Offered INR 35.05 LPA INR 45.50 LPA INR 30.38 LPA
Average Salary Package Offered INR 26.77 LPA INR 23.06 LPA INR 19.56 LPA
Median Salary Package Offered INR 24.00 LPA INR 20.80 LPA INR 18.00 LPA

The graph below shows the SIBM Pune salary trend during final placements from 2021 to 2023.

salary-trend

SIBM Pune Average Packages 2023

The average package offered for the top 10% of MBA students in 2023 was recorded as INR 33.27 LPA. Similarly, the average package of the top 25% of students was INR 32.80 LPA.

The following table shows the average package offered for different categories of students during Symbiosis Institute of Business Management Pune placement 2023.

Particulars Salary Package Offered
Average Package of Top 10% of Students INR 33.27 LPA
Average Package of Top 25% of Students INR 32.80 LPA
Average Package of Top 50% of Students INR 29.99 LPA

The graph below shows the average packages offered to different percentiles of students during SIBM Pune MBA placements 2023.

average-packages

SIBM Pune Specialisation-wise Average Packages 2023

Students from the Human Resources specialisation recorded the best average package, INR 27.06 LPA, in 2023. Human Resources is followed by Marketing (INR 27.03 LPA) and Operations (INR 26.75 LPA) specialisations.

Tabulated below are the specialisation-wise average packages offered during SIBM Pune placements 2023.

Specialisation Average Salary Package Offered
Finance INR 25.20 LPA
Human Resources INR 27.06 LPA
Marketing INR 27.03 LPA
Operations INR 26.75 LPA

The following graph explains the average packages offered to different MBA specialisations during Symbiosis Institute of Business Management Pune placements 2023.

specialisation-average-package

SIBM Pune PPOs Trend 2023

The number of PPOs recorded by MBA students has been improving every year. During 2023 placements, the number of PPOs has increased from 97 to 111, an all-time high in the institute's history.

Statistics of the year-wise number of PPOs offered for the last five years (2019 to 2023) are given in the table below.

Year Number of PPOs Offered
2023 111
2022 97
2021 66
2020 87
2019 62

The graph below shows the year-wise statistics of the number of PPOs offered from 2019 to 2023.

ppos-trend

SIBM Pune Specialisation-wise PPOs Conversion 2023

Students of the Human Resources specialisation recorded the best PPO conversion rate of 55%. Students of the Finance specialisation recorded the lowest PPO conversion rate, 41%.

The table below shows the statistics of specialisation-wise PPO conversion rate in 2023.

Specialisation PPOs Conversion
Human Resources 55%
Operations 50%
Marketing 45%
Finance 41%

The PPOs conversion percentage of various MBA specialisations in 2023 is shown in the graph below.

ppos-conversion

SIBM Pune Sector-wise Offers 2023

Companies from the BFSI and FMCG/ FMCD sectors offered the highest percentage of offers, 22% each, in 2023. Consulting and IT/ E-Commerce sectors occupied second and third positions with offer percentages of 20% and 15%.

Elucidated below are the sector-wise percentage of offers during SIBM Pune placements 2023.

Sector Percentage of Offers
BFSI 22%
FMCG/ FMCD 22%
Consulting 20%
IT/ E-Commerce 15%
Manufacturing 9%
Automotive 4%
Healthcare 3%
Others 5%

SIBM Pune Other Recruiters 2023

Companies ranging from multinational companies to reputed startups have participated and recruited students during SIBM Pune MBA placements. The list of some of the companies participating in SIBM Pune placements 2023 is shown in the table below.

Accenture Accenture Strategy Aditya Birla Capital
Aditya Birla Retail and Fashion Affinity Aliens Group
American Express Anand Rathi AON
Apparel Group Asian Paints Avalon Consulting
Axis Bank Bain and Company Bajaj Motors
Bajaj Finserv Bank of America Barclays
BD Bosch BP
Bridgestone Bristlecone Britannia
Capgemini Cipla Cisco
Clear Coca-Cola Colgate Palmolive
Cover fox Damensch Danone
Deloitte Diageo Easebuzz
Everest Ernst and Young Fact Span
Fidelity Flipkart Fullerton India
Genpact Godrej GSK
Haleon HDFC Bank Hexaware
HSBC HT Media Group IBM
ICICI Bank IDFC First Bank Intel
ITC Limited Jio John Deere
JP Morgan Chase and Co. JSW Kroll
Latent View Loreal Luminous
Mahindra Marico Maruti Suzuki
Media.net Michael Page Microsoft
Moonraft Morgan Stanley Optum
Phable Pidilite Piramal
Johnson Publicis Sapient PwC
P and G Redseer Relaxo
Reliance Industries Limited Samsung Schneider Electric
Shalina Signify SKF
Sobha Reality Societe Generale Synchrony
Tata Consumer Products Tata Steel Tech Mahindra
Tres Vista United Beverages VIP
Vodafone Idea VOIS Wipro Consumer Care and Lighting
Wipro Yes Bank -

SIBM Pune Placement Cell

SIBM Pune placement cell is managed by a team of placement professionals, faculty members, and students. The team consists of active representation by faculty and students from each stream, thus ensuring suitable training and placement-related activities for students according to their interests and capabilities and specific to their chosen streams.

The placement team strives to provide all necessary assistance to students for their internships, projects, industry interactions, and skill updations. The SIBM Pune placement cell also organises workshops, seminars, guest lectures, and placement training sessions to prepare students for final placements. It ensures students get extensive corporate interaction for the perfect business acumen and academic preparedness.

SIBM Pune Internship 2023

SIBM Pune ensured industry exposure for students through a mandatory two-month internship during the summer. The placement cell of SIBM Pune organises the Summer Internship Recruitment Program for first-year MBA students.

Students must intern at a company, and most internships are paid. The institute has successfully completed the SIRP for the 2022-24 batch. The SIRP 2023 recorded over 200 internship offers with the highest stipend of INR 4.40 Lakhs for two months. The average stipend has increased by 25% and reached INR 2.91 Lakhs for two months.

Some of the key highlights of SIBM Pune summer internships 2023 are given below.

Particulars Highlights
Highest Stipend Offered INR 4.40 Lakhs for Two Months
Average Stipend Offered INR 2.91 Lakhs for Two Months
Median Stipend Offered INR 3.10 Lakhs for Two Months
Total Number of Companies Participated 75
Number of Internship Offers Offered 200+

SIBM Pune Internship Statistics

According to the official website, statistics during the Symbiosis Institute of Business Management Pune internship in 2023 have improved tremendously compared to previous years. SIBM Pune internship statistics like stipend trend, average stipends offered for various students, specialisation-wise highest and average stipends, etc., are given below.

SIBM Pune Year-wise Stipend Trend

The highest stipend offered for two months has increased by 26% and reached INR 4.40 Lakhs. Similarly, the median stipend has also increased to INR 3.10 Lakhs for two months, a growth of 34%.

The table below shows the stipend trend of the MBA program during the SIBM Pune Summer Internship Recruitment Program for the last three years (2021 to 2023).

Particulars 2023 2022 2021
Highest Stipend Offered (For Two Months) INR 4.40 Lakhs INR 3.50 Lakhs INR 3.00 Lakhs
Average Stipend Offered (For Two Months) INR 2.91 Lakhs INR 2.33 Lakhs INR 1.97 Lakhs
Median Stipend Offered (For Two Months) INR 3.10 Lakhs INR 2.31 Lakhs INR 1.91 Lakhs

The graph below shows the SIBM Pune stipend trend of the MBA program from 2021 to 2023.

stipend-trend

SIBM Pune Average Stipend 2023

During SIBM Pune SIRP 2023, the average stipend offered for the top 10% of students was INR 3.60 Lakhs for two months. The average stipend of female and male students for two months was INR 3.07 Lakhs and INR 2.82 Lakhs, respectively.

Tabulated below are the average stipends offered for different percentiles of students in 2023.

Particulars Stipend Offered
Average Stipend of Top 10% of Students (For Two Months) INR 3.60 Lakhs
Average Stipend of Top 25% of Students (For Two Months) INR 3.54 Lakhs
Average Stipend of Top 50% of Students (For Two Months) INR 3.39 Lakhs

The average stipends offered for different categories of students during Symbiosis Institute of Business Management Pune SIRP 2023 are explained in the graph below.

average-stipend

SIBM Pune Specialisation-wise Stipend 2023

The students of Marketing specialisation recorded the highest stipend of 2023, INR 4.40 Lakhs. Marketing is followed by Human Resources (INR 4.00 Lakhs) and Operations (INR 3.60 Lakhs) specialisations.

Elucidated below are the specialisation-wise highest and average stipends offered for MBA students in 2023.

MBA Specialisation Highest Stipend Offered (For Two Months) Average Stipend Offered (For Two Months)
Marketing INR 4.40 Lakhs INR 2.96 Lakhs
Human Resources INR 4.00 Lakhs INR 2.98 Lakhs
Operations INR 3.60 Lakhs INR 2.72 Lakhs
Finance INR 3.50 Lakhs INR 2.74 Lakhs

The following graph explains the highest and average stipends offered for different MBA specialisations during Symbiosis Institute of Business Management Pune Summer Internship Recruitment Program 2023.

specialisation-stipend

SIBM Pune Sector-wise Internship Companies 2023

The highest percentage of companies participating in SIBM Pune summer placements 2023, 39%, are from the IT/ Consulting sector. Automotive/ Manufacturing and FMCG/ FMCD sectors occupied second and third positions with a percentage of 15% and 11%, respectively.

The sector-wise percentage of companies during the SIBM Pune internship 2023 is given in the table below.

Name of the Sector Percentage of Companies
IT/ Consulting 39%
Automotive/ Manufacturing 15%
FMCG/ FMCD 11%
BFSI 8%
Healthcare/ Pharmaceuticals 7%
E-Commerce 4%
Others 16%

The graph below shows the percentages of companies from different sectors during the SIBM Pune summer internship 2023.

stipend-sector

SIBM Pune Internship Recruiters 2023

More than 75 companies from multiple sectors have participated and recruited SIBM Pune students for various intern positions. The list of some of the companies participating in the SIBM Pune internship drive of 2023 is shown in the table below.

Accenture Accenture Strategy ACT
Aditya Birla Capital Aditya Birla Fashion and Retail Amazon
American Express Asian Paints Avalon Consulting
Axis Bank Bain and Company Bajaj Motors
Bajaj Finserv Barclays BD
Boehringer Ingelheim Bosch BP
Bridgestone Capgemini Cipla
Colgate Palmolive Cummins Danone
Deloitte Diageo Disney+ Hotstar
Dr. Reddy's Electronic Arts Elasticrun
Ernst and Young Fidelity Investments Flipkart
General Mills Godrej Goldman Sachs
Google GSK Haleon
HDFC Bank Hindustan Unilever Limited HSBC
ICICI Bank ITC Limited Johnson and Johnson
JP Mogan Chase and Co. Jubilant Food Works Loreal
Lubrizol Maersk Mahindra and Mahindra
Marico Microsoft Mondelez International
Nestle Nomura Optum
Pernod Ricard Pidilite P and G
Reckitt Reliance Industries Limited Samsung
Sanofi Signify Tata Consumer Products
Texas Instruments Coca-Cola Tres Vista
Trimble Udaan United Beverages
Vodafone Idea VOIS Wipro
Xiaomi Yes Bank Zydus Wellness

SIBM Pune vs SIBM Nagpur and SIBM Bangalore

The table below compares the latest MBA placement highlights 2023 of SIBM Pune, SIBM Nagpur, and SIBM Bangalore.

Particulars SIBM Pune SIBM Nagpur SIBM Bangalore
Highest Salary Package Offered INR 35.05 LPA INR 18.00 LPA INR 21.00 LPA
Average Salary Package Offered INR 26.77 LPA INR 11.50 LPA INR 13.48 LPA
Median Salary Package Offered INR 24.00 LPA INR 10.20 LPA INR 13.00 LPA
Number of New Recruiters 49 42 65+
Number of PPOs Offered 111 - 57

SIBM Pune Placements FAQs

What is the SIBM Pune highest package in 2023?

According to the official website, the highest package in 2023 was recorded as INR 35.05 LPA. Refer to the article above for more SIBM Pune placement highlights.

What is the SIBM Pune average package for 2023?

During the 2023 placement drive, the average package improved by 16.08%, reaching INR 26.77 LPA. Refer to the article above for more highlights of SIBM Pune placements 2023.

Who are some of SIBM Pune top recruiters?

Accenture, American Express, AON, Bank of America, Bosch, CISCO, Ernst and Young, Microsoft, Morgan Stanley, PwC, Samsung, Tata Consumer Products, etc., are some of the SIBM Pune top recruiters.

Does SIBM Pune have a placement cell?

Yes. SIBM Pune has a placement cell that is managed by a team of placement professionals, faculty members, and students. Refer to the article above for more details regarding SIBM Pune placement cell.

Does SIBM Pune provide internship opportunities?

SIBM Pune ensured industry exposure for students through a mandatory two-month internship during the summer. Most of the SIBM Pune internships are paid. Refer to the article above for more details regarding SIBM Pune internships.

What is the median package during SIBM Pune placements 2023?

The SIBM Pune placements 2023 recorded a median package of INR 24.00 LPA. Refer to the article above for more highlights of SIBM Pune placements 2023.

SIBM Pune Reviews

Overall Rating

4.1

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Distribution of Rating

>4-5 star

41

>3-4 star

3

>2-3 star

2

1-2 star

0

Academics & Faculty

3.8

Placements & Internships

4.5

College Infrastructure & Hostel Facilities

4.3

Fees & Scholarships

3.7

Clubs & Associations

4.3

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