SVKM, Narsee Monjee Institute of Management Studies (NNIMS) here, saw 67 companies participating in campus placements to offer jobs to the class of 2017, consisting of 81 students.

The average package was around ₹9 lakh, an increase of 36 per cent over last year.

The number of recruiters also grew and many were from diversified sectors.

The Vice-Chancellor of the NNIMS, Rajan Saxena, presented a progress report at the first graduation ceremony on Sunday. He said the institute had continued the trend of 100 per cent placement.

As many as 74 from PGDM and 17 from the Executive PGDM-MPE were awarded given their diplomas.