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SP Jain (SPJIMR)

1981
Andheri West,Mumbai
4.2
26+Courses
Private Institute

Package Overview

Yearly package details from 2019 to 2024

Placement Percentage

-

Average Package

₹ 23.9 L

Highest Package

₹ 52 L

Top Recruiters

-

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.

2023 Placement Statistics

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)

2022 Placement Statistics

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)

2021 Placement Statistics

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*

2020 Placement Statistics

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*

Top Recruiters At SPJIMR

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:

  • Consulting Firms: McKinsey & Company, Boston Consulting Group, Deloitte, etc.
  • Financial Giants: Goldman Sachs, JP Morgan Chase, Citibank, etc.
  • Technology Leaders: Google, Microsoft, Amazon, etc.
  • FMCG Brands: Hindustan Unilever, Procter & Gamble, Nestle, etc.
  • E-commerce and Startups: Flipkart, Zomato, Ola, etc.

Salary Trends

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.

Conclusion

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.

The top companies which were offered full time roles:

  • 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
  • Reckitt
  • Marico and many others.

The departments with the highest students placed:

  • PGDM-BM
  • PGDM

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

Placement statistics:

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. 

SPJIMR Mumbai Career Services

  • CV Review
  • Interview & GD Preparations
  • Mentorship
  • Industry & Role Information Sessions
  • Recruiter Engagement
  • All Placement Logistics

SP Jain Institute of Management and Research, Mumbai Placements 2023

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.

SPJIMR Mumbai PGDM 2023 Placement Statistics

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

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 Other Placement Activities

  • Internships
  • Live Projects
  • Leadership Talks
  • Workshops
  • Corporate Case Competitions

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
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Placement Year: 2024

SP Jain (SPJIMR) Placements in 2024

ParticularsTitle
Highest PackageINR 52 LPA
Average PackageINR 23.88 LPA
Median PackageINR 22.8 LPA
Companies participated42
New recruiters17

Placement Year: 2023

SP Jain (SPJIMR) Placements in 2023

ParticularsTitle
Highest PackageINR 77.88 LPA (international)
Highest PackageINR 67.5 LPA (domestic)
Average PackageINR 33.02 LPA
Median PackageINR 32.89 LPA
Placement Rate100%
Companies participated63
First-time recruiters33
Total PPOs112
Batch size237

Placement Year: 2022

SP Jain (SPJIMR) Placements in 2022

ParticularsTitle
Highest stipendINR 4,00,000
Average stipendINR 2,61,000
Median stipendINR 2,80,000
Total companies52
Highest PackageINR 43.92 LPA
Highest PackageINR 53.16 LPA
Average PackageINR 32.06 LPA
Median PackageINR 30.1 LPA
Placement Rate100%
Companies participated70
First-time recruiters33
Total PPOs123
Batch size238
Average PackageINR 23.61 LPA

Placement Year: 2019

SP Jain (SPJIMR) Placements in 2019

ParticularsTitle
Highest PackageINR 28 LPA
Average PackageINR 15 LPA
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WRITTEN BY:

Rochit

Updated on Dec 18, 2024

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