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IIT Bombay MBA Average Package 2026
The latest final placement report for the MBA batch of 2024–26 at Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, reports an average annual CTC of ₹28.16 lakh. The batch achieved 100% placements, with 51 recruiting companies participating. The highest CTC stood at ₹53.80 lakh, while 35.7% of students received PPOs.
Placement Parameter | IIT Bombay MBA 2026 |
Average CTC | ₹28.16 LPA |
Median CTC | ₹26.00 LPA |
Highest CTC | ₹53.80 LPA |
Recruiting Companies | 51 |
PPO Rate | 35.7% |
New Companies | 35.3% |
Placement Rate | 100% |
The ₹28.16 LPA average is particularly useful for understanding the overall placement outcome because it represents the CTC across the batch rather than just the highest offer. The official report also shows that the median CTC was ₹26 lakh, giving a better picture of what the middle of the batch earned.
IIT Bombay MBA Batch Profile 2024–26
The 2024–26 MBA batch had 126 students, with a median CAT percentile of 98.87. Around 85% of the batch had prior work experience, with an average experience of 25 months. The batch also included students from premier institutes and a mix of academic backgrounds.
Batch Profile | 2024–26 |
Batch Size | 126 |
Median CAT Percentile | 98.87 |
Gender Diversity | 15% |
Students with Work Experience | 85% |
Average Work Experience | 25 months |
From Premier Institutes | 27% |
Academic Diversity | 8% |
This profile shows that the typical student at SJMSOM is not necessarily a fresher. A large majority entered the MBA after gaining professional experience, which also reflects in the work-experience distribution across the batch.
IIT Bombay MBA Batch: Work Experience
Work experience is one of the most visible features of the 2024–26 batch. More than half of the students had 2–3 years of experience, while another 34% had between one and two years. Only 11% were freshers or had less than one year of experience.
Work Experience | Students |
Less than 1 year | 11% |
1–2 years | 34% |
2–3 years | 51% |
3+ years | 4% |
With 85% of students having work experience, the classroom is likely to have a strong mix of professional experiences, particularly from technology, operations and consulting backgrounds.
IIT Bombay MBA Batch: Educational Background
Engineering continues to form the largest part of the SJMSOM MBA classroom. CS/IT engineering accounts for 29%, followed by Mechanical Engineering at 26%, while EE/ECE and Civil/Chemical Engineering each account for 13%.
Educational Background | Share |
CS/IT Engineering | 29% |
Mechanical Engineering | 26% |
EE/ECE | 13% |
Civil/Chemical Engineering | 13% |
Other Engineering | 11% |
Arts & Others | 8% |
The numbers also show that although engineers dominate the batch, SJMSOM does have representation from Arts and other academic backgrounds, contributing to the institute's stated academic diversity.
IIT Bombay MBA Batch: Professional Background
The professional background of the 2024–26 batch is concentrated around technology and operations. IT/ITeS accounts for 38%, while Operations contributes another 36%. Consulting makes up 14%, followed by Sales & Marketing at 8%.
Professional Background | Share |
IT/ITeS | 38% |
Operations | 36% |
Consulting | 14% |
Sales & Marketing | 8% |
Others | 4% |
This background also helps explain the broad range of final placement roles, from technology consulting and product management to operations, supply chain, analytics and investment banking.
Also Read: IIT MBA Eligibility Criteria 2026: Who Can Apply?
IIT Bombay MBA Average Package 2026
For the 2024–26 graduating batch, IIT Bombay MBA recorded an average CTC of ₹28.16 LPA. The median was ₹26 LPA, meaning the average remained moderately above the middle point of the batch.
Salary Indicator | CTC |
Average CTC | ₹28.16 LPA |
Median CTC | ₹26.00 LPA |
Highest CTC | ₹53.80 LPA |
Top 25%ile | ₹33.36 LPA |
Top 50%ile | ₹32.00 LPA |
Top 75%ile | ₹30.95 LPA |
The percentile figures provide additional context: the top 25% of the batch had a median CTC of ₹33.36 lakh, while the corresponding figures for the top 50% and top 75% were ₹32 lakh and ₹30.95 lakh respectively.
Also Read: IIT MBA Average Package 2026: IIT-Wise Placements & ROI
IIT Bombay MBA Median and Highest Package 2026
The median CTC was ₹26 lakh, while the highest CTC reached ₹53.80 lakh. The gap between the median and highest package highlights why candidates should look beyond the highest offer when evaluating placement outcomes.
Measure | Package |
Median CTC | ₹26.00 LPA |
Average CTC | ₹28.16 LPA |
Highest CTC | ₹53.80 LPA |
Top 25%ile | ₹33.36 LPA |
Top 50%ile | ₹32.00 LPA |
Top 75%ile | ₹30.95 LPA |
In other words, the ₹53.80 lakh figure represents the highest reported CTC, whereas the ₹28.16 lakh average and ₹26 lakh median give a broader view of the batch's placement performance.
IIT Bombay MBA Average Package 2026: Sector-Wise Placements
SJMSOM's 2024–26 placement season saw recruiters from BFSI, consulting, FMCG/FMCD, E-Commerce & IT, and Pharma & Others. The largest share of participating companies came from E-Commerce & IT at 23%, followed by BFSI & Conglomerates and Consulting at 20% each.
Sector | Share of Recruiting Companies |
E-Commerce & IT | 23% |
BFSI & Conglomerates | 20% |
Consulting | 20% |
Pharma & Others | 19% |
FMCG/FMCD | 18% |
The student split was slightly different, with Consulting and E-Commerce & IT each accounting for 26% of students placed, followed by BFSI & Conglomerates at 21%.
Sector | Share of Students |
Consulting | 26% |
E-Commerce & IT | 26% |
BFSI & Conglomerates | 21% |
Pharma & Others | 16% |
FMCG/FMCD | 11% |
IIT Bombay MBA Average Package 2026: Work Experience and Sector Split
The placement report also breaks down sector preferences according to work experience. Students with 24+ months of experience had the largest share entering Consulting at 37%, while E-Commerce & IT accounted for 33% of this group.
Work Experience | BFSI & Conglomerates | Consulting | FMCG/FMCD | E-Commerce & IT | Pharma & Others |
Fresher | 33% | 22% | 6% | 33% | 6% |
1–12 months | 33% | 22% | 12% | 33% | — |
13–24 months | 27% | 17% | 14% | 21% | 21% |
24+ months | 10% | 37% | 8% | 33% | 12% |
This split gives an interesting view of career movement after an MBA. Students with different levels of prior experience entered different sectors, with consulting particularly prominent among those with more than two years of experience.
Also Read: IIT Bombay MBA Selection Criteria 2026, Shortlisting, Cut-off
IIT Bombay MBA Average Package 2026: Top Recruiters
The 2024–26 placement season featured 51 recruiting companies, including both established recruiters and new additions. The placement report mentions 18 prominent organisations being added to the recruiter base, while several companies participated for the first time.
Sector | Selected Recruiters |
BFSI & Conglomerates | JPMorgan Chase & Co., ICICI Bank, Axis Bank, Nomura, Reliance, TAS |
Consulting | Accenture Strategy, Deloitte USI, EY, Kearney, PwC, Wipro |
E-Commerce & IT | Amazon, Flipkart, Accenture, Mastercard, Juspay, Zepto |
FMCG/FMCD | HUL, P&G;, Asian Paints, Marico, Britannia, L'Oréal |
Pharma & Others | Lupin, Truemeds, UPL, Vedanta, Mahindra & Mahindra |
The placement report notes roles across Analytics, Consulting, Investment Banking, Operations & Supply Chain Management, Product Management, and Sales & Marketing.
IIT Bombay MBA BFSI & Conglomerate Recruiters
The BFSI and conglomerate segment included recruiters such as Aditya Birla Capital, Axis Bank, ICICI Bank, JPMorgan Chase & Co., Nomura and Yes Bank. Roles covered areas such as Investment Banking, Risk, Wholesale Banking, Business Development and Sales & Marketing.
Category | Recruiters |
BFSI | Aditya Birla Capital, Axis Bank, ICICI Bank, JPMorgan Chase & Co., Nomura, Yes Bank |
Conglomerates | Godrej, Reliance, TAS |
Major Roles | Investment Banking, Risk, Wholesale Banking, General Management, Product Management, Supply Chain |
IIT Bombay MBA Consulting Recruiters
Consulting remained a major destination for the 2024–26 batch, accounting for 26% of students placed. Recruiters included Accenture Strategy, Alvarez & Marsal, Deloitte USI, EY, Kearney, PwC and Tata Consulting Engineers.
Consulting Recruiters | Key Roles |
Accenture Strategy | Business Consulting |
Alvarez & Marsal | M&A; / Deals |
Deloitte USI | Consulting |
EY | Data & AI Consulting |
Kearney | Management / Strategy Consulting |
PwC | Consulting |
Tata Consulting Engineers | Operations & Supply Chain Consulting |
Wipro | Technology Consulting |
IIT Bombay MBA E-Commerce & IT Recruiters
E-Commerce & IT accounted for 23% of recruiting companies and 26% of students. Companies such as Amazon, Flipkart and Zepto offered roles in Operations, Product Management, Program Management and Marketing.
Recruiters | Roles Mentioned |
Amazon | Operations, Product Management, Program Management |
Flipkart | Operations, Product Management, Marketing |
Zepto | Operations, Product Management, Marketing |
Accenture | Business Consulting, Technology Consulting |
Mastercard | Business Transformation, Product Management |
Juspay | Business Development, Technology |
IIT Bombay MBA FMCG / FMCD Recruiters
The FMCG/FMCD sector contributed 18% of recruiting companies and 11% of students placed. Major names included Asian Paints, Britannia, Hindustan Unilever, L'Oréal, Marico, Mondelēz International and P&G.;
Recruiters | Key Roles |
Asian Paints | Operations, Sales & Marketing |
Britannia | Sales & Marketing |
Hindustan Unilever | Operations, Product Management |
L'Oréal | Sales & Marketing |
Marico | Product Management, Marketing |
Mondelēz International | Sales & Marketing |
P&G; | Supply Chain, Sales & Marketing |
IIT Bombay MBA Pharma & Other Recruiters
The Pharma & Others category accounted for 19% of recruiting companies and 16% of students. Recruiters included Lupin and Truemeds from pharma, along with companies such as ExxonMobil, Mahindra & Mahindra, PI Industries, Saint-Gobain, UPL and Vedanta.
Recruiters | Key Roles |
Lupin | Brand Marketing, Operations |
Truemeds | Brand Marketing, Operations |
ExxonMobil | General Management |
Mahindra & Mahindra | General Management, Program Management |
PI Industries | Procurement |
Saint-Gobain | Operations |
UPL | Sales & Marketing |
Vedanta | General Management |
IIT Bombay MBA Average Package Trends Over the Years
SJMSOM's official placement records show that the average CTC has remained in the upper-₹20 lakh range across recent graduating batches. The 2024–26 batch recorded ₹28.16 lakh, compared with ₹28.88 lakh for the 2021–23 batch, while the reported highest CTC has remained around ₹54 lakh.
Placement Batch | Average CTC | Median CTC | Highest CTC |
2024–26 | ₹28.16 LPA | ₹26.00 LPA | ₹53.80 LPA |
2022–24 | ₹25.82 LPA | ₹25.25 LPA | ₹53.80 LPA |
2021–23 | ₹28.88 LPA | ₹26.64 LPA | ₹54.00 LPA |
The latest figure therefore shows a rise in average CTC from the ₹25.82 lakh level reported in the earlier placement record to ₹28.16 lakh for the 2024–26 batch.
Also Read: MBA From IITs: Admission Process, Placements, Fee Structure
IIT Bombay MBA ROI: Fees vs Average Package
For the 2024–26 batch, SJMSOM lists a total programme fee of ₹14.776 lakh for General/EWS/OBC-NCL students. For the newer 2026–28 batch, the official fee page lists ₹15.558 lakh as the total programme fee for the same categories.
Comparison | Amount |
2024–26 Programme Fee | ₹14.78 lakh |
2024–26 Average CTC | ₹28.16 lakh |
2024–26 Median CTC | ₹26.00 lakh |
2026–28 Programme Fee | ₹15.56 lakh |
Using the 2024–26 programme fee simply as a reference, the average CTC was about 1.91 times the programme fee. However, this should not be treated as actual MBA ROI because CTC is not take-home salary and the calculation excludes taxes, living costs, opportunity cost, bonuses, and other expenses.
Also Read: IIT Bombay SJMSOM MBA Fees 2026: Total Fees & Scholarships
IIT Bombay MBA Average Package 2026: Conclusion
The IIT Bombay MBA Average Package 2026 stood at ₹28.16 LPA for the 2024–26 SJMSOM batch, alongside a median CTC of ₹26 LPA and highest CTC of ₹53.80 LPA. The institute achieved 100% placements with participation from 51 companies, while students secured opportunities across consulting, BFSI, E-Commerce & IT, FMCG/FMCD, pharma and other sectors.
Beyond the headline salary numbers, the placement report shows a diversified recruiter and role mix spanning consulting, product management, analytics, investment banking, operations and supply chain. For MBA aspirants evaluating SJMSOM, considering the average and median CTC alongside fees, batch profile, recruiters and sector distribution provides a more complete picture of IIT Bombay MBA placements.
