Mumbai, Maharashtra
SP Jain Institute of Management & Research (SPJIMR)
For every B-school applicant, getting their ideal job after graduation is their top objective. Graduates of SPJIMR's PGDM programme go on to have fascinating careers since the programme often produces outstanding placement outcomes as a matter of fact. Let's dig into the SPJIMR Placements 2024 Report to explain this. We'll uncover the important figures and insights that make SPJIMR a top choice for budding business leaders in the first place. It is important to realise that SP Jain Institute of Management and Research is among only a few B-schools which give placements at par with the IIMs. In fact, SPJIMR's placements are even better than many of the IIMs without a doubt.
SP Jain Placements 2024 Overview
SPJIMR has concluded its 2024 final placements for PGDM and PGDM (BM) successfully. Upholding its legacy of excellence, its 2024 PGDM class secured 100% placement. In placements 2024, FMCG, Consulting, BFSI, Pharma and Tech emerged as the top recruiting sectors.
- The total number of students was 292
- 72 companies participated in the placement process
- 33 recruiters were first-time recruiters
- The total number of pre-placement offers was 138
- Average salary was INR 33 LPA
- Highest salary was INR 81 LPA
- Median salary was INR 31.50 LPA
Key Highlights in SP Jain Placements
- 6.5% of all the job offers were greater than INR 40 LPA
- 34% of offers were greater than INR 35 LPA
- 71% of the total job offers were greater than INR 30 LPA
- 90% of offers equal to greater than INR 25 LPA
| Category | 2022-24 (INR LPA) | 2021-2023 (INR LPA) |
| Average Salary | 33 | 33.02 |
| Median Salary | 31.5 | 32.69 |
| Highest Salary | 81 | 77.6 |
Top Recruiters at SP Jain Mumbai
Over 47% of the batch received pre-placement offers via Autumn Internship. 35% of the batch received jobs related to the consulting sector. FMCG sector firms recruited 25% of the batch.
FMCG exhibited the highest level of industry involvement to date. Leaders in the field made offers to 25% of the cohort, who were hired by FMCG corporations. Companies in the BFSI, IB, PE, VC, and hedge fund sectors have hired 41 per cent of the finance cohort. 30% of the Information Management specialization was assigned to the Product Management sector, notwithstanding the tech industry's downturn. In comparison to the prior year, it was noted that there has been a general increase in the quantity of product management offers.
| Consulting | FMCG | BFSI | Tech | General Management |
| Accenture Strategy | Asian Paints | Axis Bank | CapGrid | Aditya Birla Group |
| Boston Consulting Group (BCG) | AbinBev | Barclays | Cimpress | Capgemini E.L.I.T.E. |
| Deloitte | Colgate-Palmolive | DC Advisory | NPCI | Mahindra GMC |
| Ernst & Young | Dr Reddy's Laboratories | Fullerton | PayTM | RPG |
| GEP | Novartis | Goldman Sachs | Play Simple Games | Tata Administrative Services |
| Infosys Consulting | Godrej Group | ICICI Securities | Intuit | |
| Kearney | General Mills | JPMC | MakeMyTrip | |
| KPMG | Hindustan Unilever Limited | JM Financial | Media.net | |
| Miebach | Hindustan Coca-Cola Beverages | Neo Wealth | American Express | |
| Nomura Research Institute | ITC | Nomura | Samsung Research India | |
| Praxis Global Alliance | Kellanova | Nuvama | ||
| PwC | L'Oréal | O3 Capital | ||
| Synergy | Marico | |||
| Mondelez | ||||
| Nestle | ||||
| Procter & Gamble |
SP Jain Placements 2023
In 2023, SPJIMR had a 100% placement rate for its PGDM programme. This results in each graduate receiving a highly sought-after job offer. This is a credit to the program's demanding coursework, industry connections, and career development assistance.
The 2023 class was given an amazing average remuneration package of ₹33.02 lakhs per annum (LPA). This is a 3% rise over the same period last year.
But there's still more! In 2023, the pay that represents the centre point of the wage distribution, or the median salary, increased significantly by 9% to an impressive ₹32.89 LPA. This indicates that a considerable proportion of the group was paid more than this amount. The highest international salary ever recorded for the class of 2023 was an astounding ₹77.88 LPA. This demonstrates the program's widespread reputation and capacity to prepare graduates for success in global marketplaces.
SP Jain 2023 Average Package
| Placement rate | 100% |
| Average Salary | INR 32.02 LPA |
| Median Salary | INR 32.89 |
Sector Breakdown
Here's a breakdown of the top sectors that recruited in 2023:
Visit the official SP Jain website to learn more about the PGDM course, placements, and more about SPJIMR!
SP Jain Average Package (Last 5 Years)
| Average Package (INR LPA) | |
| 2024 | 33.00 LPA |
| 2023 | 33.02 LPA |
| 2022 | 32.06 LPA |
| 2021 | 23.6 LPA |
| 2020 | 26.36 LPA |
Autumn Internship Highlights
- 53 firms (28% of which are new recruiters) participated
- For two months, the average stipend is INR 3,15,328.
- The median two-month stipend is INR 3,00,000.
- Maximum Monthly Allowance: INR 4,40,000
Frequently Asked Questions
Does SP Jain have a 100% placement?
Yes, SPJIMR often has a 100% placement record.
What is the average package after MBA from SP Jain?
The average package offered to SPJIMR PGDM students in 2024 stood at INR 33 LPA
What is the average stipend for SP Jain?
The average stipend for 2 months at SPJIMR is INR 3,15,328. The highest and median package for 2 months is INR 4,40,000 and INR 3,00,000 respectively.
What was the highest package at SPJIMR in 2024?
SPJIMR saw a record-breaking highest package of INR 81 LPA.
Who are the top recruiters in SP Jain?
The top recruiters at SPJIMR were Asian Paints, AbinBev, Colgate-Palmotive, Dr. Reddy's Laboratories, Goldman Sachs and MakeMyTrip.
