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SP Jain Institute of Management & Research (SPJIMR), Mumbai, Maharashtra Placement

 

SPJIMR Placement Report of 2024

Under the association of the Bhartiya Vidya Bhavan, the S.P. Jain Institute of Management and Research (SPJIMR) often finds its place among the top ten ranked business schools in India. With a huge corporate engagement S.P. Jain Institute of Management and Research has announced the end of their placements season for its PGDM and PGDM(BM). Provided with the current global recession and it’s effects on campus placements, S.P. Jain Institute of Management and Research had the immense support of its alumni to secure placements for all its students with outstanding results.


The highest package that was offered to the students of PGDM was a total of INR 81 LPA, while the average package that was offered was of INR 33 LPA. Moreover, the placement rate which was observed during S.P. Jain Institute of Management and Research PGDM placements was 100 %. Apart from this, INR 4.4 lakhs and INR 3.15 lakhs, was the maximum and average stipend given to students during their Autumn internships of 2024.

 

Highlights of the SPJIMR Mumbai Placement 2024

Offers

Amount Offered

7%

INR 40 LPA

34%

INR 35 LPA

71%

INR 35 LPA

90%

INR 25 LPA

 

2024 Placement Report 2024

Particulars

Data

Participants in the Batch

292

Companies that came for Placements

72

first-time recruiters

33

Pre-Placement Offers

138

Average Salary

33 LPA

Median Salary

31.50 LPA

Highest Salary

81 LPA

 

 

Career Field Placement Statistics for SPJIMR

Fields

Percentage Wise

IT Consulting Companies

35%

FMCG

25%

Tech

30%

BFSI, IB, PE, VC and Hedge Funds

41%

 

 

 

The highest package achieved by a student at SPJIMR was INR 77.88 LPA, while the average package stood at INR 33.02 LPA. in 2023.

Over 70% of the batch secured offers of INR 30 LPA or more, and an impressive 92% of the batch received offers of INR 25 LPA or higher. Recruiters representing diverse sectors such as FMCG, Consulting, BFSI, Pharma, and Tech participated in the placement drive. 

Among these, the FMCG sector accounted for the highest number of offers at 35%, closely followed by the Consulting sector at 32%. Prominent companies that participated in SPJIMR Placements 2023 included Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy, Boston Consulting Group, Deloitte, and more.

Important Links:

SPJIMR Placement Report of 2023

Particulars

Placement Statistics (2021-23)

Placements statistics (2020-22)

No. of Recruiters

63

75

New Recruiters

33

33

PPO/PPIs Offered

112

123

Highest Salary

INR 77.8 LPA

INR 53.16 LPA

Average Salary

INR 33.02 LPA

INR 32.06 LPA

Medan Salary

INR 32.89 LPA

 

Top Recruiters

Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy

Accenture, Aditya Birla Capital, Amazon, American Express

SPJIMR Placements Salary Statistics 2023

The salary statistics reveal an intriguing distribution among the surveyed individuals. 92% of the respondents earn INR 25 LPA or even higher, indicating a predominantly well-compensated group. 

Among them, a substantial 70% command salaries of INR 30 LPA and above, highlighting a notable proportion enjoying even greater financial rewards. As we move up the salary spectrum, the percentage of those earning INR 35 LPA and more drops to 35%. At the pinnacle of the earnings scale, a select 6.6% of individuals boast salaries of INR 40 LPA. 

SPJIMR Placement

The table below shows the SPJIMR Placements Salary Statistics 2023

Salary Statistics

Percentage

INR 25 LPA & more92%
INR 30 LPA & more70%
INR 35 LPA & more35%
INR 40 LPA & more6.6%

SPJIMR PGPM Placements 2023

The table below shows SPJIMR PGPM Placements 2023

Particulars

Placement Statistics 2023

Batch Size

114

Number of Recruiters

73

Average package

INR 25.89 LPA

Top 25% Average Package

INR 33.63 LPA

Top 50% Average Package

INR  30.90 LPA

Top Job Roles Offered

Consulting (44%) & Product Management (18%)

Top Recruiters

Accenture, Axis Bank, Ernst & Young, cognizant, HSBC, IBM, Infosys, etc

SPJIMR Summer Internship Placements Report 2023

Summer Internships are also organized by SPJIMR Mumbai for its students, and the cohort of 2021-23 has effectively engaged in these internship opportunities.

Particulars

Internship Statistics (2021-23)

Number of Companies

41

Number of Offers

312

Number of Participants

237

No. of New Recruiters

-

Highest Stipend (For Two Months)

INR 4 Lakhs

Average Stipend (For Two Months)

INR 2.95 Lakhs

Median Stipend (For Two Months)

INR 3 Lakhs

Top 20% Average Stipend

INR 3.66 Lakhs

Top 50% Average Stipend

INR 3.34 Lakhs

Job Roles Offers

Analytics, Consulting, Corporate IT etc

Major sector

FMCG

In the SPJIMR Autumn Internship Placements 2023, a total of 237 students secured 312 internship positions. The students were granted an average monthly stipend of INR 2.95 Lakhs, marking a 13% increase from the previous year’s figures

The median stipend, which saw a 7% rise compared to 2021, reached INR 3 Lakhs per month. The upper quintile of students, constituting the top 20%, earned an average stipend of INR 3.66 Lakhs per month, while the upper half, or top 50%, enjoyed an average stipend of INR 3.34 Lakhs per month.

Within the scope of the placement initiative, the FMCG sector emerged as the leading recruiter, followed by the Consulting sector. Students were offered diverse roles such as Analytics, Consulting, Corporate IT, General Management, and Investment Banking.

SPJIMR PGDM Placements 2022

The table below highlights the stats of SPJIMR PGDM placements 2022:

Particulars

Placement statistics of 2022

Companies Participated

70

New Recruiters

33

Number of Students

238

Number of PPOs/PPLs

123

Highest Salary

INR 53.16 LPA

Average Salary

INR 32.06 LPA

Median Salary

INR 30.10 LPA

Major Sector

Consulting/IT

Top Recruiters

Accenture, Aditya Birla Capital, Amazon, American Express

In the SPJIMR Placements 2022, a cohort of 238 students took part. The SPJIMR Placement initiative saw engagement from 70 recruiting companies, out of which 33 were newcomers to the process. Prominent organizations such as Accenture, Aditya Birla Capital, Amazon, and American Express were among the notable recruiters.

Throughout the placement period, students secured 123 pre-placement offers. The most substantial offered salary reached INR 53.16 LPA, with an average salary of INR 32.06 LPA and a median salary of INR 30.10 LPA for the students.

SPJIMR PGDM Placements Salary-Wise 2022

Salary Statistics

Offer Percentage

INR 25 LPA or greater87%
INR 30 LPA or greater59%
INR 35 LPA or greater30%
INR 40 LPA or greater14%

In the context of SPJIMR Placements 2022, a substantial proportion of students, specifically 87%, secured salary packages equal to or exceeding INR 25 LPA. Additionally, 59% of the students attained salary packages at or above INR 30 LPA, while 30% of the students were successful in securing packages of INR 35 LPA and above

Furthermore, 14% of the students managed to secure impressive salary packages starting from INR 40 LPA and beyond.

SPJIMR PGDM Sector-Wise Placements 2022

The table below shows the highlights of SPJIMR PGDM Sector-Wise Placements 2022:

Sectors

Name of Recruiters

Consulting/ITAccenture, Deloitte, GEP, KPMG
FMCGAsian Paints, Colgate – Palmolive, Procter & Gamble
Private Equity, BFSI and TechAmerican Express, Amazon, Microsoft, PayTM
E-CommerceAmazon, Flipkart

SPJIMR PGPM Placements 2022

The table below shows the highlights of SPJIMR PGPM Placements 2022

Batch

Placements Statistics 2022

Number of Companies Participated75
Number of Students Placed130
Average CTCINR 23.6LPA
Average CTC of Top 25% studentsINR 31 LPA
Average CTC of Top 50% studentsINR 28.7 LPA
Top DomainConsulting and Technology
Top RecruitersFlipkart, IBM, KPMG

In the placement drive for SPJIMR’s PGPM batch in 2022, the campus hosted a total of 75 recruiting companies. Notable industry players like Flipkart, IBM, and KPMG were among the prominent recruiters. A total of 130 students were successfully placed.

The students who participated in the placement drive received an average annual salary of INR 23.6 LPA. Furthermore, the upper quartile of the batch, comprising the top 25%, secured an average salary of INR 31 LPA. Similarly, the upper half of the students, representing the top 50%, achieved an average salary of INR 28.7 LPA.

SPJIMR PGPM Placements Domain-Wise 2022

Here is a tabula representation of SPJIMR PGPM Placements Domain-Wise 2022 with the percentage of students placed:

Domain

Percentage of Students Placed

Consulting51%
Technology39%
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Top Recruiters

McKinsey & Co McKinsey & Co
3M 3M
ranbaxy ranbaxy
Reliance Reliance
Bharat Petroleum Corporation Limited (BPCL) Bharat Petroleum Corporation Limited (BPCL)
Adani group Adani group
tata tata
Wipro Wipro
Hindustan Unilever Limited Hindustan Unilever Limited
Future Group Future Group
Honeywell Honeywell
FLIPKART FLIPKART
ACNielsen ACNielsen
IBM IBM
Godrej Industries Godrej Industries
Edelweiss Edelweiss
Hay Group Hay Group
Coca-Cola India Coca-Cola India
Michael Page Michael Page
Gillette Gillette

Student's Rating for SP Jain Institute of Management & Research (SPJIMR), Mumbai, Maharashtra

Student Reviews & Ratings
4.5/5 Based on 2 Verified Reviews
Component Ratings
Faculty Rating 4.5
Infrastructure Rating 5
Admission Rating 5
Hostel Rating 5

Student's Reviews for SP Jain Institute of Management & Research (SPJIMR), Mumbai, Maharashtra

Admission
Placement
Faculty
View All 2 Reviews

Frequently Asked Questions

Does SP Jain have a 100% placement rate?

SPJIMR has an outstanding reputation for achieving 100% placements each year and constantly places amongst the top B- schools in India in terms of Compensation after graduation.

What is the average placement package at SPJIMR?

Placement packages vary across programs and sectors. On average, SPJIMR has consistently achieved impressive placement records with competitive compensation packages.

What were the SPJIMR placement results for PGDM in 2023?

The SPJIMR PGDM Placements in 2023 resulted in the maximum package of INR 77.8 LPA and an average package of INR 33.02 LPA.

Can you provide information about SPJIMR Placements for PGPM in 2023?

SPJIMR Placements for PGPM in 2023 also ended with an average package of INR 25.89 LPA.

What were the key highlights of SPJIMR Placements in 2023?

In 2023, SPJIMR achieved remarkable placement results, with the highest package at INR 77.88 LPA and an average package of INR 33.02 LPA. Over 70% of the batch secured offers of INR 30 LPA or more, and 92% received offers of INR 25 LPA or higher.

Which sectors participated in SPJIMR Placements 2023?

Diverse sectors such as FMCG, Consulting, BFSI, Pharma, and Tech participated in the SPJMR placement drive. The FMCG sector accounted for the highest number of offers at 35%, followed by the Consulting sector at 32%.

How did the number of recruiters in 2023 compare to the previous year?

In 2023, SPJIMR had 63 recruiters, with 33 new recruiters. This marked a change from the 75 recruiters in the previous year.

What was the highest salary offered in SPJIMR Placements 2023, and how did it compare to the previous year?

The highest salary offered in 2023 was INR 77.8 LPA, which was a significant increase from the previous year’s highest salary of INR 53.16 LPA.

What was the average salary for SPJIMR Placements in 2023?

The average salary for SPJIMR Placements in 2023 was INR 33.02 LPA.

Can you provide the salary distribution statistics for SPJIMR Placements 2023?

Certainly, 92% of the respondents earned INR 25 LPA or more, with 70% earning salaries of INR 30 LPA and above. At the highest end of the spectrum, 6.6% of individuals boasted salaries of INR 40 LPA.

How did the Summer Internship Placements at SPJIMR in 2023 fare?

In the Autumn Internship Placements of 2023, a total of 237 students secured 312 internship positions. The average stipend for two months was INR 2.95 Lakhs, with the upper quintile earning INR 3.66 Lakhs per month.

Which sectors were the top recruiters in the PGPM Placements 2023 at SPJIMR?

The top sectors for PGPM Placements in 2023 were Consulting (44%) and Product Management (18%).

How did the PGDM Placements of 2022 at SPJIMR perform?

In 2022, a total of 238 students participated in PGDM Placements, with 70 companies participating. The highest salary offered was INR 53.16 LPA, and the average salary was INR 32.06 LPA.

Can you provide the sector-wise distribution of PGDM Placements 2022 at SPJIMR?

The major sectors for PGDM Placements in 2022 were Consulting/IT, FMCG, Private Equity/BFSI/Tech, and E-Commerce, with companies like Accenture, Amazon, and Asian Paints among the top recruiters.

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Munshi Nagar, Dadabhai Road, Andheri West

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SP Jain Institute of Management & Research (SPJIMR), Mumbai, Maharashtra 4.5/5 (2 reviews)

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