Package Overview
Yearly package details from 2019 to 2024
Yearly package details from 2019 to 2024
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₹ 23.9 L
₹ 52 L
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S.P. Jain Institute of Management and Research (SPJIMR) Mumbai is one of India's premier business schools. SPJIMR is well-known for its cutting-edge curriculum, esteemed professors, and solid industry ties. It has also routinely attained outstanding placement rates. The 2023 placement drive was no exception, showcasing an impressive performance across various sectors.
The 2023 placement season at SPJIMR Mumbai witnessed the participation of a perse mix of companies spanning consulting, finance, technology, FMCG, and e-commerce sectors, among others. The institute's commitment to excellence and holistic education was reflected in the high-caliber job offers its students received.
Let's look at the key statistics from the 2023 placement drive:
Details | Statistics |
---|---|
Participants in the Batch | 237 |
Number of Companies Participating | 63 |
Number of First-Time Recruiters | 33 |
Total Number of Pre-Placement Offers | 112 |
Median Salary | 32.89 LPA (9% increase compared to last year) |
Average Salary | 33.02 LPA (3% increase compared to last year) |
Highest Salary | 77.8 LPA (46% increase compared to last year) |
Below is the table that shows the 2022 placement:
Details | Statistics |
---|---|
Participants in the Batch | 238 |
Companies Participating | 70 |
First-Time Recruiters | 33 |
Total Number of Pre-Placement Offers (PPO) | 123 |
Median Salary | 30.10 LPA (20% increase compared to last year) |
Average Salary | 32.06 LPA (23% increase compared to last year) |
Highest Salary | 53.16 LPA (14% increase compared to last year) |
Details | Statistics |
---|---|
Participants in the Batch | 233 |
Companies Participating | 131 |
First-Time Recruiters | 75 |
Total Number of Pre-Placement Offers (PPO) | 79 |
Median Salary | 25.00 LPA |
Average Salary | 26.06 LPA* |
Highest Salary | 46.65 LPA* |
Below is the table that shows the placement statistics of 2020:
Details | Statistics |
---|---|
Participants in the Batch | 233 |
Companies Participating | 131 |
First-Time Recruiters | 75 |
Total Number of Pre-Placement Offers (PPO) | 79 |
Median Salary | 25.00 LPA |
Average Salary | 26.06 LPA* |
Highest Salary | 46.65 LPA* |
The 2023 placement season saw the return of long-standing recruiters as well as the entry of new companies, highlighting SPJIMR's expanding corporate partnerships. Some of the top recruiters included:
The 2023 placement season at SPJIMR saw a positive trend in salary packages, with increases in average and median salaries compared to the previous year. The highest salary package also saw a significant rise, reflecting the premium that top-tier companies place on SPJIMR graduates.
The SPJIMR Mumbai Placement 2023 was a testament to the institute's unwavering commitment to excellence and its ability to adapt to the dynamic business landscape. The perse range of companies participating, the impressive salary packages, and the wide spectrum of sectors in which students were placed, all speak volumes about the quality of education and training at SPJIMR. As the institute continues to evolve and expand its horizons, the future looks promising for its students and the broader SPJIMR community.
Jain Institute of Management and Research is known for its tremendous placement records throughout the years. The placement cell at the College provides various placSP ement and innovative training sessions for the students, every week. The placement cell at the college, provides various training and development programs for students who have interest in sitting in campus placements and dreamt of cracking an offer in their dream company .
The placement cell at SP Jain Institute of Management and Research, aims to provide every student with an offer in hand for their secured future and it provides practice sessions for every month to ensure the progress of the students activity . The placement cell at the College plans to conduct the various orientation programs for students to introduce the work culture and types of industries in various fields.
Every year, it provides students with good packages in hand by bringing a lot of companies to the campus.The top companies like Godrej, JM Financial, Kimberly clark, Amazon India, Paytm, Axis, Pwc, Deloitte, ITC, Flipkart, Hindustan Unilever, Goldman Sachs, KPMG, L’oreal, Philips, Pedilite, Make my Trip, TATA Digital, American Express and many others offered various roles to the students.the College has achieved an Average package of 32 LPA for the year of 2022-23 for ug. The College has achieved an Average package of 30 LPA for the year of 2021-22 for ug. Also, The College has achieved an Average package of 25 LPA for the year of 2020-21.
Follow the below table for detailed structure of year wise average salary offered.
Table: average salary offered by the companies for Academic Years from 2020-23
Academic Year | Average Salary (INR)for PG | Total No. of Students placed |
---|---|---|
2022-23 | 32 lakhs per annum | 238 |
2021-22 | 30 lakhs per annum | 238 |
2020-21 | 25 lakhs per annum | 236 |
For Academic Year 2022-23, it has achieved an average salary of 32 lakhs per annum for pg followed by highest package of 81 LPA and median package of 31 LPA.For Academic Year 2021-22,it has achieved an average salary of 30 lakhs per annum for pg.
For Academic Year 2020-21,It has achieved an average salary of 25 lakhs per annum for pg. For Academic Year 2022-23 , SP Jain Institute of Management and Research has achieved a placement of Around 238 students out of all students for Pg.For Academic Year 2021-22 , The College has achieved a placement of Around 238 students out of all students for PG.
For Academic Year 2020-21 , the College has achieved a placement of Around 236 students out of all students for PG. For Academic Year 2022-23 , PG, the placement rate has increased slightly Compared to 2020-21, as it recorded a placement of 238 students out of all students and in 2020-21, it recorded a placement of around 236 students out of all students. It shows that there was a slight growth in placement numbers.
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 of India. It has a record of 100% Placements of its students every year. Each passing year of SPJIMR has shown tremendous growth and successful rates of students’ placements in top leading companies with 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. Whereas 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.Â
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 got more than INR 25 LPA annual salary whereas 70% of the batch received more than INR 30 LPA annual salary package. The companies which 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.
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 |
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 |
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 |
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 |
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% |
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 |
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 |
SP Jain (SPJIMR) Placements in 2024
Particulars | Title |
---|---|
Highest Package | INR 52 LPA |
Average Package | INR 23.88 LPA |
Median Package | INR 22.8 LPA |
Companies participated | 42 |
New recruiters | 17 |
SP Jain (SPJIMR) Placements in 2023
Particulars | Title |
---|---|
Highest Package | INR 77.88 LPA (international) |
Highest Package | INR 67.5 LPA (domestic) |
Average Package | INR 33.02 LPA |
Median Package | INR 32.89 LPA |
Placement Rate | 100% |
Companies participated | 63 |
First-time recruiters | 33 |
Total PPOs | 112 |
Batch size | 237 |
SP Jain (SPJIMR) Placements in 2022
Particulars | Title |
---|---|
Highest stipend | INR 4,00,000 |
Average stipend | INR 2,61,000 |
Median stipend | INR 2,80,000 |
Total companies | 52 |
Highest Package | INR 43.92 LPA |
Highest Package | INR 53.16 LPA |
Average Package | INR 32.06 LPA |
Median Package | INR 30.1 LPA |
Placement Rate | 100% |
Companies participated | 70 |
First-time recruiters | 33 |
Total PPOs | 123 |
Batch size | 238 |
Average Package | INR 23.61 LPA |
SP Jain (SPJIMR) Placements in 2019
Particulars | Title |
---|---|
Highest Package | INR 28 LPA |
Average Package | INR 15 LPA |