SPJIMR PGDM Placement Report 2023 [46% Increase In Highest Salary]

SPJIMR Placement Report 2023

Bharatiya Vidya Bhavan’s S P Jain Institute of Management and Research (SPJIMR), Mumbai, is one of the leading management institutes with a unique pedagogy that combines rigorous course work with value-based education and strong student-faculty connections. SPJIMR featured at rank 20 in the National Institutional Ranking Framework(NIRF-2023). SP Jain Institute has successfully completed its final placement season for the PGDM batch of 2021-23. The placement report is also released on the official website of SPJIMR Institute. In this article, we will discuss details about the SPJIMR placement report.

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SPJIMR PGDM Placements 2023

Outlined are the key highlights of SPJIMR MBA Placements for the batch 2020-22. According to the latest placement report of SPJIMR’s PDGM program, accessible on the official SPJIMR Mumbai website, this year’s average annual package amounts to INR 33.02 Lakhs, marking a 3% increase compared to the previous year. The median salary for this batch is INR 32.89 lakhs per annum. In terms of the highest package offered by SPJIMR, it reaches INR 77.8 lakhs per annum, demonstrating a substantial 46% increase compared to last year.

A total number of 237 candidates participated in this placement season, along with the participation of 63 companies, including 33 first-time recruiters.

SPJIMR Placement Key Highlights

  • Participants in the Batch: 237
  • Number of companies participating: 63
  • Number of first-time recruiters: 33
  • Total Number of Pre-Placement Offers: 112
Key Highlights Package
Highest package(CTC) 77.8 LPA
Average package(CTC) 33.02 LPA
Median package(CTC) 32.89 LPA

Prominent Companies

  • Accenture Strategy, Bain and Co, Boston Consulting Group, Deloitte, Ernst & Young, FTI Consulting, GEP, Kearney, KPMG, Praxis Global Alliance, PwC, and other prominent firms extended offers to more than 32% of the batch in the fields of consulting and IT consulting.
  • Major players in the FMCG industry, including Asian Paints, Colgate-Palmolive, Hindustan Coca-Cola Beverages, Hindustan Unilever Limited, Nestle, Procter & Gamble, and other renowned companies, recruited the highest percentage (35%) of students.
  • Firms such as American Express, Barclays, BDA Partners, Edelweiss, JM Financial, O3 Capital, Pinpoint Asset Management, and WEH Ventures recruited 23% of the Finance cohort in the areas of BFSI, IB, PE, VC, and Hedge Funds.
  • Notable recruiters such as BookMyShow, Cisco, Games 24×7, MakeMyTrip, PayTM, Play Simple Games, Samsung Research India (Bangalore), ServiceNow, and Tata Digital extended offers for Product Management roles. Approximately 31% of the students specializing in Information Management accepted positions in Product Management.
  • Prominent recruiters for General Management and Leadership roles encompassed Aditya Birla Group, Capgemini E.L.I.T.E., Mahindra GMC, and Tata Administrative Services.

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