SP Jain Global's MBA Graduates Experience Remarkable Five-Fold Salary Surge in 2023

SP Jain School of Global Management (SP Jain Global), recently acclaimed as the seventh-best business school in the Asia Pacific by Bloomberg Businessweek, proudly announces the outstanding placements of its 2023 Global MBA (GMBA) and Master of Global Business (MGB) graduates.

The 2023 GMBA graduates have experienced an incredible five-fold surge in their salaries post-graduation, with the highest package reaching an impressive INR 72.8 lakhs. The average starting salary for the GMBA class has also witnessed a noteworthy 33% increase from the previous year, reaching INR 32 lakhs.

Meanwhile, the MGB graduates, typically fresh from undergraduate studies, have encountered a remarkable seven-fold jump in their salaries, with the top package reaching INR 48.8 lakhs. The class's average salary has also marked a notable 21% increase from the previous year, standing at INR 19.83 lakhs. More than half of these graduates have secured coveted roles in leading domestic organizations, while many others have made their mark internationally, securing positions in esteemed companies in Dubai and Singapore. Over 129 companies globally participated in the recruitment drive.

From Fortune 500 companies to tech start-ups and global giants such as Amazon, Asian Paints, Aster DM, Bosch, Brand Folio, Cedar Consulting, Ceva Logistics, Christian Dior, Dabur, Dell, Deloitte, Dubai Islamic Bank, Emami, Empact Consulting, Ernst & Young, Grant Thornton, HCL Technologies, Hilti, Himalaya Wellness, Hindustan Coca-Cola, Incisiv, Landmark Group, Louis Vuitton, Phillips, Protiviti, Schneider Electric, Siemens, Target Corporation, Trafigura, Unilever, Unimas Consulting, the list of recruiters for 2023 was diverse.

Reflecting on this remarkable success, Dr. Balakrishna Grandhi, Dean of the GMBA and MGB programs, stated, "Despite global economic challenges, our students have demonstrated resilience and excelled across a variety of industries and regions. This is a testament to the world-class education and training they received at SP Jain Global. We take immense pride in their achievements and are certain they will continue to excel and contribute significantly to the business world. Our graduates are not just equipped for immediate success but also for long-term resilience in an ever-changing global market."

In a noteworthy shift from previous years, the GMBA program reported Consulting as the top sector, accounting for over 39% of placement offers, followed by Technology at 14%, Retail at 8%, and Financial Services at 8%. Meanwhile, MGB graduates found opportunities in IT/ITES as the top recruiting sector with 22% of placements, followed by Logistics and Supply Chain, Financial Services, and Retail. Other prominent sectors included Manufacturing and Consulting.

ABOUT S P JAIN SCHOOL OF GLOBAL MANAGEMENT (SP JAIN GLOBAL)

SP Jain School of Global Management is an Australian business school that provides modern, relevant, and practical global business education. With campuses in the dynamic business hubs of Dubai, Mumbai, Singapore, and Sydney, SP Jain Global is renowned for its multi-city undergraduate and postgraduate programs as well as doctoral, executive, and short-term online programs. For its flagship Global MBA program, the School has been ranked by reputed international publications such as Forbes, Times Higher Education-Wall Street Journal, Financial Times, and The Economist.

S P Jain Global is registered as an Institute of Higher Education by the Australian Government's Tertiary Education Quality and Standards Agency (TEQSA). Upon graduation, students receive a degree conferred by SP Jain School of Global Management, Australia. The School is registered as a Private Education Institute (PEI) by the Committee for Private Education (CPE), Singapore, and permitted by the Knowledge and Human Development Authority (KHDA), Government of Dubai, UAE.