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SP Jain (SPJIMR), Mumbai Placements Mumbai, Maharashtra
ESTD 1981
Private
College
NIRF Ranking - 20
AICTE Approved
Regulatory Bodies of Higher Education in India
Placement
Highest and average package for MBA / PGDM
HIGHEST
48 L
AVERAGE
18.1 L
Industry Average for MBA / PGDM
HIGHEST
15 L
AVERAGE
4.5 L
Placement Highlights
Sheeza Khan
Updated on 27th November, 2023
Latest Update: SPJIMR Admission 2024 for the PGDM & PGDM (BM) 2024-26 batch started a while ago the last date to apply stood at Nov 24, 2023. Apart from that SPJIMR Admissions 2023 remain open for various courses. All the candidates need to check the official website. A few more updates are as follows:
- Apply by Nov 24, 2023, for PGDM & PGDM (BM) 2024-26 batch.
- GMP 2024 applications close on Nov 24, 2023.
- Rolling admissions for PGPFMB, PGEMP, PGPDM, PGP-MBM.
- PGPGM 2024 applications open.
- CAT Exam 2023: Nov 26, 2023. Admit card available on IIMCAT website. Apply via SPJIMR website.
SPJIMR Placements
The SPJIMR Placements for 2023 have been successfully completed. The highest package achieved by a student at SPJIMR was INR 77.88 LPA, while the average package stood at INR 33.02 LPA.
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.
The table below shows the SPJIMR Placements Salary Statistics 2023
Salary Statistics | Percentage |
| INR 25 LPA & more | 92% |
| INR 30 LPA & more | 70% |
| INR 35 LPA & more | 35% |
| INR 40 LPA & more | 6.6% |
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 greater | 87% |
| INR 30 LPA or greater | 59% |
| INR 35 LPA or greater | 30% |
| INR 40 LPA or greater | 14% |
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/IT | Accenture, Deloitte, GEP, KPMG |
| FMCG | Asian Paints, Colgate – Palmolive, Procter & Gamble |
| Private Equity, BFSI and Tech | American Express, Amazon, Microsoft, PayTM |
| E-Commerce | Amazon, Flipkart |
SPJIMR PGPM Placements 2022
The table below shows the highlights of SPJIMR PGPM Placements 2022
Batch | Placements Statistics 2022 |
| Number of Companies Participated | 75 |
| Number of Students Placed | 130 |
| Average CTC | INR 23.6LPA |
| Average CTC of Top 25% students | INR 31 LPA |
| Average CTC of Top 50% students | INR 28.7 LPA |
| Top Domain | Consulting and Technology |
| Top Recruiters | Flipkart, 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 |
| Consulting | 51% |
| Technology | 39% |
Salary Package Trends
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Recruiters
20 Companies
SP Jain (SPJIMR), Mumbai - Placement Reviews
A
Anonymous Student
8 years ago
Overview 4/5
This college can be truly called as MBA paradise. Its not just the success history associated with this college that drives a rush behind it but also the evolutionary model which paces with current needs. Being a Mumbaikar ... this college just makes me proud.
Placement 4/5
P
Palak MBA / PGDM Student
5 years ago
Overview 4/5
I have done SMBA Course and it is a not corporate course but the family business management courses and the fee of the college was in 3 installments and total I don’t remember that.
Placement 0/5