S.P. Jain Institute of Management and Research (SPJIMR) is an affiliate institution of Bharatiya Vidya Bhavan. The institution has been consistently ranked among the top B-schools in India. It has a 100% placement record for its students every year. Each passing year at SPJIMR has shown tremendous growth and successful placement rates for students in top leading companies, offering a promising salary package.
Recently, SPJIMR has concluded its 2024 Placement. The 2024 PGDM batch received an average, median and highest salary package of INR 33 LPA, INR 31.50 LPA and INR 81 LPA, respectively. The 2024 PGDM (BM) batch received an average, median, and highest salary package of INR 33 LPA, INR 31.35 LPA, and INR 74 LPA, respectively. At last, the PGPM 2024 batch received an average, median and highest salary package of INR 23.88 LPA, INR 22.80 LPA and INR 52 LPA, respectively. Moreover, the PGPM batch has an average increase of 104.03% of over incoming pay.
The PGDM 2023 Batch received an average, median, highest (domestic), and highest (international) annual salary package of INR 33.02 LPA, INR 32.89 LPA, INR 67.50 LPA, and INR 77.88 LPA, respectively. Around 92% of the batch received an annual salary of more than INR 25 LPA, whereas 70% of the batch received a yearly salary package of more than INR 30 LPA. The companies that participated in the SPJIMR Placement Drive 2023 were Asian Paints, Castro, L'Oreal, Nestle, Accenture Strategy, Boston Consulting Group, Deloitte, KPMG, PwC, Infosys, American Express, Barclays, Cisco, MakeMyTrip, and many others.
- SPJIMR Mumbai PGDM 2023 Placement Statistics
- SPJIMR Mumbai Sector-Wise Placement Statistics 2023
- SPJIMR Mumbai Salary Heads (Domestic) 2023 Statistics
- SPJIMR Mumbai Salary Heads (International) 2023 Statistics
- SPJIMR Mumbai PGPM 2024 Placement Statistics
- SPJIMR Mumbai Internship Highlights
- SPJIMR Mumbai Top Recruiters
SPJIMR Mumbai PGDM 2023 Placement Statistics
| Particulars | Details |
| Total Number of Participants | 237 |
| Total Number of Companies Participating | 63 |
| Total Number of First Time Recruiters | 33 |
| Total Number of Pre-Placement Offers | 112 |
| Median Salary | INR 32.89 LPA |
| Average Salary | INR 33.02 LPA |
| Highest Salary | INR 77.8 LPA |
SPJIMR Mumbai Sector-Wise Placement Statistics 2023
| Sector | Percentage of Offer Acceptance | Number of Offers Accepted |
| Consulting | 32% | 76 |
| FMCG | 35% | 82 |
| Technology | 15% | 36 |
| BFSI | 11% | 27 |
| General Management | 7% | 11 |
| Telecommunication | 5 | |
| Grand Total | 100% | 237 |
SPJIMR Mumbai Salary Heads (Domestic) 2023 Statistics
| Salary Head (INR) | Min | Max | Mean | Median | Data |
| Total Basic Salary | INR 9,32,000 | INR 45,73,294 | INR 23,27,202 | INR 22,75,000 | 237 |
| Bonus | INR1,00,000 | INR 41,25,000 | INR 4,46,160 | INR 4,46,160 | 198 |
| Incentives | INR 50,000 | INR 40,50,000 | INR 6,77,861 | INR 5,25,000 | 193 |
| Relocation | INR 15,000 | INR 2,00,000 | INR 1,00,861 | INR 54,000 | 76 |
| Total CTC | INR 18,00,000 | INR 77,88,240 | INR 32,84,243 | INR 32,89,450 | 237 |
SPJIMR Mumbai Salary Heads (International) 2023 Statistics
| Salary Head (INR) | Min | Max | Mean | Median | Data |
| Total Basic Salary | USD 46,093 | USD 2,26,177 | USD 1,15,094 | USD 1,12,512 | 237 |
| Bonus | USD 4,946 | USD 2,04,006 | USD 22,065 | USD 22,255 | 198 |
| Incentives | USD 2,473 | USD 2,00,297 | USD 33,524 | USD 25,964 | 193 |
| Relocation | USD 742 | USD 9,891 | USD 4,979 | USD 2,671 | 76 |
| Total CTC | USD 89,021 | USD 3,85,175 | USD 1,62,425 | USD 1,62,683 | 237 |
SPJIMR Mumbai PGPM 2024 Placement Statistics
| Particulars | Details |
| Total Number of Participants | 145 |
| Total Number of Participating Firms | 42 |
| Total Number of First-Time Recruiters | 17 |
| Average Salary | INR 23.88 LPA |
| Median Salary | INR 22.80 LPA |
| Highest Salary | INR 52 LPA |
| Average Salary Hike | 104.03% |
SPJIMR Mumbai Internship Highlights
| Internship Statistics | 2023 Data | Additional Information |
| Highest Stipend | INR 4 lakh (over two months) | Stands as a testament to the quality of SPJIMR's training |
| Average Stipend | INR 2.95 lakh (over two months) | Reflects the high regard of corporate partners for SPJIMR students |
| Total Companies Visited | 42 | Signifies a diverse range of opportunities for students |
SPJIMR Mumbai Top Recruiters
| Amazon India | L'Oreal |
| Godrej | Paytm |
| ITC | American Express |
| Deloitte | P&G |
| KPMG | Reckitt |
| Accenture Strategy | Microsoft IDC |
| Mahindra GMC | Pidilite |
| Flipkart | Philips |
| Miebach | Kimberly Clark |
| MakeMyTrip | Axis Bank |
