SJMSOM IIT Bombay MBA Placements & Batch Profile 2023

SJMSOM IIT Bombay MBA Placements 2023

The Final Placement 2023 for the MBA 2021-23 batch at Shailesh J. Mehta School of Management (SJMSOM) – IIT Bombay has been successfully concluded. Recently, this institute was ranked as the tenth best business school in India by the Government of India, MHRD NIRF Ranking 2023, placing it among the top 100. SJMSOM IIT Bombay has achieved a 100% placement rate for its MBA 2021-23 batch. Furthermore, the official website features a placement report highlighting key details, including the highest, average, and lowest package/salary. Let’s delve into the placement report and examine the batch profile along with the noteworthy placement highlights.

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The first step towards getting admission into the SJMSOM IIT Bombay is taking the Common Admission Test (CAT) exam. Try checking out the CAT previous year papers to know about the level of questions that appear in the exam. Also, taking a free CAT online mock test will help the candidates in gauging their strengths and weaknesses.

Shailesh J Mehta (SJMSOM-IIT Bombay) MBA Placements

Once again, SJMSOM IIT Bombay has achieved a perfect 100% placement record for its MBA 2021-23 batch. Take a look at the following prominent placement highlights, accessible in the most recent placement report from Shailesh J Mehta School Of Management – IIT Bombay.

SJMSOM Placement Key Highlights

SJMSOM IIT Bombay MBA Placement Keyhighlights

Based on the official placement report, the infographics above indicate that SJMSOM – IIT Bombay has achieved full placement for the MBA batch of 2021-23. In comparison to the previous year’s placements, there has been an 11% increase in the average package or salary for the SJMSOM Placement 2023, with the average salary rising from Rs. 25.9 LPA to Rs. 28.88 LPA.

In SJMSOM, IIT Bombay, the highest package or salary for MBA students has experienced a 10.2% growth this year. Specifically, the highest package has risen from Rs. 49 LPA in the previous year to Rs. 54.0 LPA in 2023.

Key Highlights Package
Average package (CTC) 28.88 LPA
Highest package (CTC) 54.0 LPA
Median package (CTC) 26.64 LPA
Average CTC of top 75% 31.41 LPA
Average CTC of top 50% 34.58 LPA
Average CTC of top 25% 40.80 LPA


IIT Bombay Sector-wise Placements 

Sector-wise split

The placement process has been effectively concluded with the involvement of numerous companies spanning diverse industries or sectors such as Healthcare, BFSI, Consulting, E-commerce, FMCG/FMCD, IT, and others. These sectors have offered nearly equal opportunities, showcasing the broad range of expertise within the 2021-23 batch.

SJMSOM – IIT Bombay (MBA) 2023 Batch Profile

During their recent placement season, the MBA batch of 2021-23 has secured lucrative offers through the involvement of multiple organizations. Now, let’s delve into the detailed highlights of the batch, which encompass the batch size, average work experience, and gender diversity.

Batch Highlights

As observed, the batch comprises a total of 115 students, out of which 26% come from premier institutes. In the most recent placement season, 71% of students possessed prior work experience, with an average work experience of 19 months.

Batch domain split

Around 46% of the students from the IT/ITES sector have participated in the latest placement season. The above statistics reflect the detailed domain split of the MBA batch 2021-23 in SJMSOM – IIT Bombay.

Work Experience split

As previously mentioned, the students in the latest batch bring diverse work experience from various domains. The infographics above, sourced from the official placement report of SJMSOM IIT Bombay, provide details about the duration of work experience for this batch.

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