Top business school in Dubai secures employment for 86 per cent of its students in record time

The graduating class of 2005 had more than one reason to celebrate as they had not only been conferred the much sought after and prestigious PGDM's (Post Graduate Diploma in Management), but most of them had already been successfully placed as managers and executives in many top notch multinational and local companies. During the convocation it was announced that 86% of its students had been hired by these organizations while they were still completing their program. The remaining students are currently going through the selection process, and are expected to receive similar lucrative offers from recruiters.

"The response from multinationals and local groups has been overwhelming," said Nitish Jain, President of SP Jain Center of Management (SPJCM). "UAE and the region is becoming an increasingly competitive market and being able to generate such a huge response from the corporate sector is flattering, to say the least. But the real credit goes to the richness, rigor and pedagogy of the program and the international credentials of our faculty that has resulted in the high caliber of our students, who deserve to be hired by the world's best companies."

Out of a total batch of 97 students, 27 have specialized in Investment Banking, 16 in Wealth Management, 34 in Retail Management and 20 students in Hospitality Management. "Since its inception, the program has focused on imparting the latest management concepts and practices that are relevant to the regional and global market," explained Prof.A.Christopher, Vice President at SPJCM, Dubai. "All four streams of specialization that we teach are industries that are booming in the region. In addition to class work, we also lay great stress on giving practical knowledge to our students through case studies, research and fieldwork. These are the primary requisites that the corporate world is seeking when hiring its future managers and this factor has been the key to the success of our placement initiatives."

The emoluments that the placed students have been offered are amongst the best in their respective sectors. The average salary for the batch is Dirhams 6500/- per month, with the top salary exceeding Dirham 11500/-, plus benefits. "One of the key reasons why our students have managed to get such good job offers is because they have studied locally," said Suresh Kumar, General Manager, Corporate Relations at SPJCM. "Till now, most companies hire managers who have studied abroad. This is, at best, a compromise, as a management graduate who passes out of a local business school has a much better grasp of regional business realities than someone who comes from outside."

Admissions for the second batch of the PGDM Program at SPJCM, Dubai are almost complete, with the program set to start in June 2005.