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IIT Bombay SJMSOM MBA Highest Package 2026
IIT Bombay’s Shailesh J. Mehta School of Management (SJMSOM) continues to attract leading recruiters across consulting, finance, technology, FMCG, and other sectors. The IIT Bombay SJMSOM MBA Highest Package 2026 is one of the key placement metrics for aspirants evaluating the institute’s career outcomes. Along with the highest package, candidates should also consider the average and median salaries, recruiter mix, and sector-wise placement trends to get a complete picture of SJMSOM placements.
IIT Bombay MBA Highest Package 2026
The Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, recorded 100% placements for the MBA 2024–26 batch. The highest CTC reached ₹53.80 LPA, while the average CTC stood at ₹28.16 LPA. The batch also recorded a strong 35.7% PPO rate, showing that many students converted their internship opportunities into final offers.
Placement Parameter | MBA 2024–26 |
Recruiting Companies | 51 |
Highest CTC | ₹53.80 LPA |
Average CTC | ₹28.16 LPA |
Median CTC | ₹26.00 LPA |
PPO Rate | 35.7% |
New Companies | 35.3% |
The placement report also shows that 18 new prominent organisations joined the recruiter base during the season.
Also Read: IIT MBA Form Dates 2027: Check College-Wise Deadlines
IIT Bombay MBA Batch Profile 2024-26
The MBA 2024–26 batch at SJMSOM had 126 students, with a median CAT percentile of 98.87. The batch was academically diverse, with students coming from engineering as well as non-engineering backgrounds. A significant 85% of students had prior work experience, while the average work experience was 25 months.
Batch Profile | Details |
Batch Size | 126 |
Median CAT Percentile | 98.87 |
Students with Work Experience | 85% |
Average Work Experience | 25 months |
Gender Diversity | 15% |
Students from Premier Institutes | 27% |
Academic Diversity | 8% |
This makes the batch a mix of fresh perspectives and students who had already spent time working in different industries before joining the MBA programme.
IIT Bombay MBA Batch: Work Experience
Work experience is a major feature of the 2024–26 batch. Around 51% of students had 2–3 years of work experience, making it the largest work-experience group, while 34% had 1–2 years of experience.
Work Experience | Students |
Less than 1 Year | 11% |
1-2 Years | 34% |
2-3 Years | 51% |
3+ Years | 4% |
Overall, the profile indicates that SJMSOM's MBA class is largely composed of candidates who already have some exposure to the professional world.
IIT Bombay MBA Batch: Educational Background
Engineering continues to form a large part of the SJMSOM classroom, but the batch includes students from multiple engineering disciplines and other academic backgrounds. CS/IT Engineering accounts for 29%, followed by Mechanical Engineering at 26%.
Educational Background | Share |
CS/IT Engineering | 29% |
Mechanical Engineering | 26% |
EE/ECE | 13% |
Civil/Chemical Engineering | 13% |
Other Engineering | 11% |
Arts & Others | 8% |
This academic mix gives the batch exposure to different technical and non-technical perspectives during classroom discussions and group projects.
IIT Bombay MBA Batch: Professional Background
The professional background of the batch is spread across technology, operations, consulting and sales & marketing. IT/ITeS accounts for 38% of the domain split, while Operations contributes 36% and Consulting 14%.
Professional Domain | Share |
IT/ITeS | 38% |
Operations | 36% |
Consulting | 14% |
Sales & Marketing | 8% |
Others | 4% |
The combination of technical and managerial experience gives students exposure to a variety of career paths during the MBA.\
Also Read: IIT Bombay MBA Selection Criteria 2026, Shortlisting, Cut-off
IIT Bombay MBA Highest Package 2026
The ₹53.80 LPA highest CTC is the headline placement figure for SJMSOM's MBA 2024–26 batch. However, the average CTC of ₹28.16 LPA and median CTC of ₹26 LPA provide a broader picture of the placement outcomes.
CTC Category | Package |
Highest CTC | ₹53.80 LPA |
Average CTC | ₹28.16 LPA |
Median CTC | ₹26.00 LPA |
The report's distribution also shows that the top quarter of the batch averaged ₹33.36 LPA, giving aspirants a better idea of the upper range beyond the headline highest package.
IIT Bombay MBA Average and Median Package 2026
The average CTC for the 2024–26 batch was ₹28.16 LPA, while the median was ₹26 LPA. The relatively close average and median indicate that the headline ₹53.80 LPA figure is not representative of the entire batch, making the median particularly useful when comparing placement outcomes.
Metric | CTC |
Average CTC | ₹28.16 LPA |
Median CTC | ₹26.00 LPA |
Top 25% Average | ₹33.36 LPA |
Top 50% Average | ₹32.00 LPA |
Top 75% Average | ₹30.95 LPA |
Also Read: IIT MBA Average Package 2026: IIT-Wise Placements & ROI
IIT Bombay MBA Highest Package 2026: Sector-Wise Placements
The placement report shows participation from five broad sectors. E-Commerce & IT accounted for the largest share of recruiting companies 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% |
FMCG/FMCD | 18% |
Pharma & Others | 19% |
Students secured roles in areas such as Analytics, Consulting, Investment Banking, Operations & Supply Chain Management, Product Management and Sales & Marketing.
Also Read: IIT MBA Cutoff 2026: Expected Cutoff & Previous Year Trends
IIT Bombay MBA Highest Package 2026: Work Experience and Sector Split
The placement report provides an interesting view of how students with different levels of work experience were distributed across sectors. Students with 24+ months of experience had a particularly strong representation in Consulting, while freshers had a larger share in E-Commerce & IT and BFSI & Conglomerates.
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 shows that work experience is not tied to a single career path, although the sector distribution changes noticeably across experience groups.
Also Read: MBA From IITs: Admission Process, Placements, Fee Structure
IIT Bombay MBA Highest Package 2026: Top Recruiters
SJMSOM attracted recruiters across BFSI, consulting, technology, e-commerce, FMCG, manufacturing and pharma. The placement report also highlights several companies that recruited from the institute for the first time during the 2024–26 placement season.
Sector | Prominent Recruiters |
BFSI & Conglomerates | Aditya Birla Capital, Axis Bank, ICICI Bank, JPMorgan Chase & Co., Nomura, Yes Bank |
Consulting | Accenture Strategy, Alvarez & Marsal, Capgemini, Deloitte USI, EY, Kearney, PwC |
E-Commerce & IT | Amazon, Flipkart, Zepto, Accenture, Mastercard, Juspay |
FMCG/FMCD | Asian Paints, Britannia, Hindustan Unilever, L'Oréal, Marico, Mondelēz, P&G; |
Pharma & Others | Lupin, Truemeds, PI Industries, ExxonMobil, Mahindra & Mahindra, Vedanta |
IIT Bombay MBA BFSI & Conglomerate Recruiters
The BFSI and conglomerate segment included major names such as Aditya Birla Capital, Axis Bank, ICICI Bank, JPMorgan Chase & Co., Nomura and Yes Bank. Roles covered Business Development, Internal Audit, Investment Banking, Risk, Sales & Marketing and Wholesale Banking.
Recruiter | Examples of Roles |
Aditya Birla Capital | Business Development |
Axis Bank | Banking roles |
ICICI Bank | Banking |
JPMorgan Chase & Co. | Investment Banking |
Nomura | Investment Banking / Risk |
Yes Bank | Wholesale Banking |
Conglomerates such as Godrej, Reliance and TAS also recruited for General Management, Product Management and Supply Chain Management roles.
Also Read: Best Finance Firms After MBA in India 2026, Check Now
IIT Bombay MBA Consulting Recruiters
Consulting remained one of the major recruitment areas, with Accenture Strategy, Alvarez & Marsal, Capgemini, Deloitte USI, EY, Kearney, Miebach Consulting, PwC, Tata Consulting Engineers and Wipro among the prominent recruiters.
Recruiter | Role Areas Mentioned |
Accenture Strategy | Strategy Consulting |
Alvarez & Marsal | M&A; / Deals |
Deloitte USI | Consulting |
EY | Consulting |
Kearney | Strategy Consulting |
PwC | Consulting |
Miebach Consulting | Operations & Supply Chain |
Wipro | Technology Consulting |
The roles covered Business Consulting, Data & AI Consulting, Management Consulting, M&A;/Deals, Operations & Supply Chain Consulting and Technology Consulting.
IIT Bombay MBA E-Commerce & IT Recruiters
The E-Commerce and IT segment included Amazon, Flipkart, Zepto, Accenture, Juspay, Mastek, Mastercard, Meteorology Data and PlaySimple Games. Students received opportunities in Business Development, Business Consulting, Business Transformation, Technology Consulting and Product Management.
Recruiter | Major Role Areas |
Amazon | Operations, Product, Program Management |
Flipkart | Product, Operations |
Zepto | Product, Program Management, Marketing |
Accenture | Business & Technology Consulting |
Mastercard | Technology / Business roles |
Juspay | Business & Product roles |
This sector is particularly broad, combining traditional IT/ITeS opportunities with fast-growing e-commerce and product-management roles.
IIT Bombay MBA FMCG / FMCD Recruiters
The FMCG/FMCD sector offered a large number of roles during the 2024–26 placement season. Major recruiters included Asian Paints, Britannia, Hindustan Unilever, L'Oréal, Marico, Mondelēz International and P&G.;
Recruiter | Role Areas |
Asian Paints | IT, Operations, Sales & Marketing |
Britannia | Sales & Marketing |
Hindustan Unilever | Operations, Product, Marketing |
L'Oréal | Marketing |
Marico | Sales & Marketing |
Mondelēz | Product / Marketing |
P&G; | Supply Chain, Marketing |
The roles covered Information Technology Management, Operations Management, Product Management, Sales & Marketing and Supply Chain Management.
IIT Bombay MBA Pharma & Other Recruiters
The Pharma & Others category included recruiters such as Lupin and Truemeds, along with established companies such as ExxonMobil, Mahindra & Mahindra, PI Industries, Saint-Gobain, Sobha Realty, UPL and Vedanta.
Recruiter | Role Areas |
Lupin | Brand Marketing, Operations |
Truemeds | Brand Marketing, Operations |
ExxonMobil | General Management |
Mahindra & Mahindra | General Management |
PI Industries | Procurement |
Saint-Gobain | Program Management |
UPL | Sales & Marketing |
Vedanta | General Management |
The diversity of recruiters means students were not restricted to conventional MBA roles, with opportunities extending across procurement, programme management, general management and sales & marketing.
IIT Bombay MBA Highest Package Trends Over the Years
SJMSOM's recent placement reports show consistently strong CTC levels. The 2024–26 batch recorded ₹53.80 LPA as the highest CTC, while the previous 2023–25 batch also recorded ₹53.80 LPA. The 2022–24 batch reported ₹53.8 LPA, while the 2021–23 batch recorded ₹54 LPA.
MBA Batch | Highest CTC | Average CTC | Median CTC |
2024–26 | ₹53.80 LPA | ₹28.16 LPA | ₹26.00 LPA |
2023–25 | ₹53.80 LPA | ₹25.82 LPA | ₹25.25 LPA |
2022–24 | ₹53.80 LPA | ₹25.82 LPA | ₹25.25 LPA |
2021–23 | ₹54.00 LPA | ₹28.88 LPA | ₹26.64 LPA |
The institute maintains an official archive of final placement reports covering multiple graduating batches, making year-on-year comparison possible.
IIT Bombay MBA ROI: Fees vs Highest Package
For the 2024–26 batch, the official SJMSOM fee page lists the total programme fee for General/ EWS/ OBC-NCL students at ₹14.78 lakh. The highest CTC reported for the same graduating batch was ₹53.80 LPA.
Metric | Amount |
2024–26 Programme Fee | ₹14.78 Lakh |
Highest CTC | ₹53.80 LPA |
Average CTC | ₹28.16 LPA |
Median CTC | ₹26.00 LPA |
Highest CTC / Programme Fee | ~3.64× |
Average CTC / Programme Fee | ~1.91× |
Median CTC / Programme Fee | ~1.76× |
These ratios are only simple comparisons, not actual ROI or payback calculations. Salary taxes, living expenses, hostel and other costs are not accounted for. The more useful figure for most aspirants is the average or median CTC rather than the highest package.
Also Read: IIT MBA Fees 2026, Check College-wise Fee Structure
IIT Bombay MBA Highest Package 2026: Conclusion
The IIT Bombay MBA Highest Package 2026 stood at ₹53.80 LPA for the SJMSOM MBA 2024–26 batch, alongside an average CTC of ₹28.16 LPA and median CTC of ₹26 LPA. The institute recorded 100% placements with 51 recruiting companies and a 35.7% PPO rate.
However, aspirants should evaluate SJMSOM placements beyond the highest CTC. The average and median salaries, recruiter diversity, sector distribution, programme fees and career opportunities provide a more complete picture. Taken together, these metrics give candidates a stronger basis for assessing IIT Bombay MBA placement outcomes.
