Organisations across the world are in a frantic need of students who have the required knowledge, skills and expertise of working in an environment wherein the business landscape is evolving at the speed of thought.
Internships are typically pursued while the students are still studying in college and allows the student a risk-free environment to work under supervision and even mentored by experienced administrators. It’s also a wonderful way to bridge the gap between learning and finding an occupation that can help students move quickly towards a career objective while making informed decisions on what you want to achieve with your life. Internships also enables students to acquire and even refine their personal skills and competencies that are in high demand by organisations while offering an invaluable insight into industry practices.
I now focus on the five Vs that students might gain through internships where they learn about the workplace culture, organisation practices, employee relations and leadership structure.
- Venture out of your comfort zone – Internships that are undertaken before graduation provides students with an opportunity to challenge and even re-look at worldviews that they have believed for a long time horizon. The idea of dealing with unfamiliar settings and having to work on newer real-world problems will force the students to get out of their comfort zone and lead to self-discovery.
- Variety – Internships typically provide a great exposure to students across key functional areas, key customers and critical projects. This would force interns to quickly adapt and adopt the state-of-the-art practices that are considered by companies as world-class.
- Value – Internships provide students an opportunity to hone a range of professional skills such as articulation (story telling), professional writing, critical thinking and problem solving skills and working in teams. While students may read about how companies succeed and operate in their textbooks and classroom discussions, nothing compares to gaining the actual exposure when they work on a real project for a real company with real people and provide a fruitful solution to the problem. An internship will help the students to not only learn about their capabilities but will also encourage them to have better traction on their strengths and weaknesses and learn more about themselves.
- Vision – During the internship, interns can afford to make mistakes, correct and learn from such mistakes and gain immense experience to develop their vision for personal growth from a long-term perspective. This vision will help students to transition from what they learned in the classroom to what is actually required by organisations.
- Virtual/Hybrid experiences – Corporates post COVID-19 have taken a dramatic shift towards both remote and hybrid learning environments. The future of work will get heavily influenced by generational, technological and social shifts. Interns can obtain a first[1]hand exposure to technologies such as machine learning, artificial intelligence and blockchain at the workplace and increase their marketability
You can learn all that you want from textbooks, faculty and your peers, but taking those skills into the workforce and applying them is a wonderful way to explore functional areas and career paths that would actually suit your individual interests once they start working full-time after graduation.
A large share of MGB graduates were placed in the IT/ ITES industry during the 2023 drive with a 22% placement percentage. The second in the sequence was the Logistics & Supply Chain industry with a 20% placement rate. Take a look at the below snip elaborating on the industry-wise SP Jain School of Global Management placements 2023 for MGB:
Source: Official Website
NOTE: The sectors involved in the 'Others' category are Hospitality, Media, Education and Training, FMCG, Real Estate, Market Research, and more.
According to unofficial online sources, a large share of SP Jain School of Global Management alumni is working in the Business Development sector with a 26% share. The other top sectors that involve the majority of alumni are Operations and Sales. The detailed sector-wise distribution of alumni is depicted below:
NOTE: The sectors involved in the 'Others' category are Programme and Project Management, Finance, Engineering, and Consulting.
Internships give students a wonderful platform to establish relationships and acquaintances – your network is your net worth. Building such critical professional connections before graduation can prove to be handy when they have to pursue a full-time job after completing their courses.
Last but not the least, internships help you figure out not only what you like but what you don’t like – this goes a long way in not taking up a job that might not be a good fit for your background.
About the author
Dr Vaidyanathan 'Vaidy' Jayaraman is the Global Dean (UG) at SP Jain School of Global Management (Sydney, Singapore, Dubai and Mumbai)
Note: The views expressed in this article are solely author’s own and do not reflect/represent those of Shiksha
The highest package offered during SP Jain MGB placements 2023 was INR 48.84 LPA. For Global MBA courses, the 2023 highest package stood at INR 72.83 LPA. From 2021 to 2023, year-on-year growth was observed in the Global MBA highest package. On the other hand, fluctuating trend was observed in the highest package of MGB. Take a look at the below table depicting the SP Jain School of Global Management highest package trends:
Course | Highest Package (2021) | Highest Package (2022) | Highest Package (2023) |
---|---|---|---|
Global MBA | INR 38.14 LPA | INR 39.79 LPA | INR 72.83 LPA |
MGB | INR 39.59 LPA | INR 33.85 LPA | INR 48.84 LPA |
Some of leading companies that were part of SP Jain School of Global Management placements 2023 are mentioned below:
SP Jain School of Global Management Top Recruiters | ||
---|---|---|
Dubai Islamic Bank | Magnati | Rivoli Group |
Protiviti Consulting | TrackIT Solutions | Cedar Consulting |
HCL Technologies | ICC Loyalty | Brand Folio LLC |
IIFL Wealth | Siemens | Thomson Digital |
As of now, the 2023 placement statistics are out for Global MBA and MGB. As per the latest report, 54% of Global MBA and 48% of MGB students received international placement opportunities during the 2023 drive. Check the complete insights of SP Jain School of Global Management placements 2023 from the table below:
Particulars | Global MBA Placement Statistics (2023) | MGB Placement Statistics (2023) |
---|---|---|
the highest package | INR 72.83 LPA | INR 48.84 LPA |
Average package | INR 32.11 LPA | INR 19.84 LPA |
International placements | 54% | 48% |
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Lodha VIOS Tower, 5th Floor
Wadala Truck Terminal, New Cuffe Parade
Kurla West, Mumbai ( Maharashtra)
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Student Forum
Answered 3 months ago
No, SP Jain School of Global Management admissions are not merit-based. Students seeking to enrol into the courses offered at the institute are selected mostly on entrance basis. Candidates either need to sit for the aptitude/ creative test conducted by the institute or submit scores secured in any
A
Contributor-Level 10
Answered 4 months ago
SP JAT admit card will be sent to the candidates who have registered for the exam on their email ID and mobile number. Candidates will also be sent the login details for the online test and exam instructions.
Candidates can use their email ID and password to login to SPJAT candidate portal.
M
Beginner-Level 5
Answered 4 months ago
Looking at the past years' trends, the SP JAT exam is usually considered moderate in terms of the difficulty level. The SPJAT exam is a management entrance exam which is easier than the other MBA exams such as CAT, XAT, CMAT, etc.
M
Beginner-Level 5
Answered 4 months ago
If we talk about Cutoffs, SP Jain is much easier to crack than the to IIMs that compete with it. Because if you want to have a call from old IIMs then you have to get 99+ percentile. On the other hand, for SP Jain you can get the call at even 85 percentile.
R
Beginner-Level 5
Answered 4 months ago
SPJAT is an online entrance exam conducted for admissions to the MBA programme by SP Jain School of Global Management. The candidates who are selected can take part in an offline counselling conducted at the designated centre.
S
Beginner-Level 5
Answered 4 months ago
No, the SPJAT exam is conducted only in the online mode. The exam is conducted in the computer based test mode for one hour. Candidates have to mark the correct answer among the four. There will be multiple-choice questions only.
A
Beginner-Level 5
Answered 4 months ago
The SPJAT exam pattern is as follows:
Features | Details |
---|---|
Exam mode | Computer-based test mode |
Duration | 1 hour |
Number of sections | 5 sections |
Total questions | 34 |
Total marks | 100 |
M
Beginner-Level 5
Answered 4 months ago
No, the SPJAT admit card will only be sent to the registered candidates via email. There will be no provision of sending the admit cards via post or getting it offline.
Candidates have to login using their email ID and password to download the SPJAT admit card.
A
Beginner-Level 5
The institute has released the average salary details for Global MBA and MGB. During 2023 placements, the average package for Global MBA and MGB stood at INR 32.11 LPA and INR 19.84 LPA, respectively. The following table depicts the SP Jain School of Global Management average package trends for the past three years for better clarity: