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SPJIMR Placement 2024: Highest package of 81 Lakh!

S.P. Jain Institute of Management and Research (SPJIMR) is a constituent of the Bharatiya Vidya Bhavan and is consistently ranked among the top ten business schools in India. S. P. Jain Institute of Management and Research, Mumbai, recently announced the completion of the Final Recruitment Process for its PGDM & PGDM(BM) Class of 2024 with extensive corporate participation. Here, we will be sharing the SPJIMR Placement details with you.

In light of the global slowdown and associated impact on campus placements, SPJIMR has received strong support from Industry partners and alumni of the school to complete 100% placements of all students with stellar results.

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SPJIMR Mumbai Placement 2024 Highlights

  • 7% (6.5%) of offers equal to or greater than INR 40 LPA
  • 34% of offers equal to or greater than INR 35 LPA
  • 71% of offers equal to or greater than INR 30 LPA
  • 90% of offers equal to or greater than INR 25 LPA

SP Jain Mumbai Placement Report 2024

Participants in the Batch292
Number of companies participating72
Number of first-time recruiters33
Total Number of Pre-Placement Offers138
Average Salary33 LPA
Median Salary31.50 LPA
Highest Salary81 LPA

SPJIMR Domain Wise Placement Statistics

  • Consulting/IT Consulting companies: 35 Percent
  • FMCG: 25 Percent
  • Tech: 30 Percent of the Information Management specialization was placed in the Product Management sector.
  • BFSI, IB, PE, VC, and Hedge Funds: 41 Percent of the Finance cohort.

SPJIMR Top Recruiters MBA 2024(Domain-wise)

  • Top Recruiters in Consulting/IT Consulting: Consulting/IT Consulting companies have given a maximum number of offers, which were made to over 35% of the batch by Accenture Strategy, Boston Consulting Group, Deloitte, Ernst & Young, GEP, Infosys Consulting, Kearney, KPMG, Miebach, Nomura Research Institute, Praxis Global Alliance, PwC, Synergy and others.
  • Top Recruiters in FMCG: FMCG showcasing one of the highest-ever participation by the FMCG industry. FMCG firms recruited 25 percent of the batch, with offers from sector leaders. And total number of students recruited (35%) by industry giants from FMCG and pharma such as Asian Paints, AbinBev, Colgate-Palmolive, Dr. Reddy’s Laboratories, Novartis, Godrej Group, General Mills, Hindustan Coca-Cola Beverages, Hindustan Unilever Limited, ITC, Kellanova, L’Oréal, Marico, Mondelez, Nestle, Procter & Gamble, and more.
  • Top Recruiters in BFSI Sector: The BFSI, IB, PE, VC and Hedge Funds companies like Axis Bank, Barclays, DC Advisory, Fullerton, Goldman Sachs, ICICI Securities, JPMC, JM Financial, Neo Wealth, Nomura, Nuvama and O3 Capital have recruited 41% of the Finance cohort.
  • Top Recruiters in TECH: Even with a slowdown in the tech sector, 30% of the Information Management specialization was placed in the Product Management sector. Roles offered by recruiters included new recruiters like CapGrid, Cimpress, NPCI, PayTM, Play Simple Games and Intuit, MakeMyTrip,, American Express, Samsung Research India, among others. It was observed that there has been an overall increase in the number of product management offers compared to the previous year.
  • Top Recruiters in General Management and Leadership roles: Top recruiters included Aditya Birla Group, Capgemini E.L.I.T.E., Mahindra GMC, RPG, and Tata Administrative Services.

SPJIMR Mumbai MBA Batch Profile 2024

Working Professionals / FreshersPercentage
Working Professionals82%

Academic & Gender Diversity:
The academic and gender diversity improves peer learning in any institution, and all the top B-schools are focusing on improving the academic and gender diversity in their classrooms. This year SPJIMR has registered good academic and gender diversity for the PGDM batch in the following table:

Gender DiversityMale-68%Female-32%
Academic DiversityEngineers-72%Non-Engineers-28%

SPJIMR Mumbai Year-Wise MBA Placements

ParticularsPlacement Statistics (2024)Placements Statistics (2023)
Number Of Recruiters7263
No. Of New Recruiters3333
PPO/PPls Offered138112
Highest PackageINR 81 LPAINR 77.8 LPA
Average PackageINR 33 LPAINR 33.02 LPA
Median PackageINR 31.50 LPAINR 32.89 LPA
Top RecruitersAccenture Strategy, Deloitte, Boston Consulting Group, Nomura etcAsian Paints, Hindustan Unilever Limited,
ITC, Accenture Strategy

SPJIMR Summer Internship Highlights

  • Number of companies: 53 (28% New recruiters)
  • Average Stipend for two months: INR 3,15,328
  • Median Stipend for two months: INR 3,00,000
  • Maximum Stipend for two months: INR 4,40,000

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