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SP Jain Summer Placements 2027
SP Jain summer placements once again rewrote the past records. It almost feels like a dream stipend number. ₹3 lakh monthly stipend and a 100% placement rate have put SP Jain’s summer placements in focus. The latest report covers the Class of 2026-2028, with strong participation from recruiters across major business sectors. The stipend figures also show a clear rise from the previous batch. Median pay has moved ahead faster than the average, while the top-performing segments have seen another healthy increase.
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SP Jain Summer Placement Report 2027
SP Jain Institute of Management and Research (SPJIMR), Mumbai, released its latest summer placement report on 7 October 2026. The report covers the PGDM and PGDM (BM) programmes for the Class of 2028.
A total of 365 participants secured summer placements, giving the batch a 100% placement rate. The hiring process also saw a wider recruiter base compared with the previous batch.
SP Jain Summer Placement Highlights | Class of 2028 |
Programmes covered | PGDM and PGDM (BM) |
Batch | Class of 2028 |
Participants placed | 365 |
Placement rate | 100% |
Participating companies | 91 |
First-time recruiters | 37 |
Highest monthly stipend | ₹3 lakh |
Average monthly stipend | ₹1.86 lakh |
Median monthly stipend | ₹2 lakh |
The recruiter mix is one of the stronger points in the report. 37 companies hired from SPJIMR for the first time, showing that the placement network continued to expand.
The institute also highlighted its #2 global rank for Careers Service in the Financial Times Masters in Management 2026 ranking. This adds to the reason behind the growing recruiter interest around the programmes.
Also Read, SP Jain Startup Talent Hunt Competition 2026: ₹35L+ Rewards
SP Jain Summer Placement Average Stipend 2027
The average summer stipend for the Class of 2028 stood at ₹1.86 lakh per month. The figure was ₹1.66 lakh for the previous batch, marking a 12% year-on-year rise.
The median stipend increased even faster. It moved from ₹1.71 lakh to ₹2 lakh, a 17% increase.
Stipend Parameter | Class of 2028 | Class of 2027 | Growth |
Average monthly stipend | ₹1.86 lakh | ₹1.66 lakh | +12% |
Median monthly stipend | ₹2 lakh | ₹1.71 lakh | +17% |
Top 50% average stipend | ₹2.18 lakh | ₹2 lakh | +9% |
Top 20% average stipend | ₹2.44 lakh | ₹2.16 lakh | +13% |
Highest monthly stipend | ₹3 lakh | ₹2.50 lakh | +20% |
There is an interesting point in the numbers. The ₹2 lakh median is higher than the ₹1.86 lakh average. This suggests that the middle of the batch received a relatively strong stipend level.
The top segments also remained ahead of the batch average. The top 50% recorded ₹2.18 lakh per month, while the top 20% reached ₹2.44 lakh.
Also Read, SP Jain Form 2027 Out: Check Dates, Fees & Eligibility
SP Jain Highest Summer Stipend 2027
The highest summer stipend at SPJIMR was ₹3 lakh per month for the Class of 2028. It was ₹2.50 lakh for the previous batch, giving a 20% year-on-year increase.
The top-performing segments also recorded a visible improvement.
Batch Segment | 2026 Stipend | Previous Batch | Increase |
Top 20% | ₹2.44 lakh/month | ₹2.16 lakh/month | ₹28,000 |
Top 50% | ₹2.18 lakh/month | ₹2 lakh/month | ₹18,000 |
Entire batch average | ₹1.86 lakh/month | ₹1.66 lakh/month | ₹20,000 |
Highest stipend | ₹3 lakh/month | ₹2.50 lakh/month | ₹50,000 |
The highest stipend increased by ₹50,000 per month. At the top 20% level, the increase was ₹28,000 per month.
SP Jain recruiters and sector-wise offers
SPJIMR recorded participation from 91 companies, compared with 81 companies for the previous batch. More importantly, 37 of these were first-time recruiters.
Recruiter Metric | Class of 2028 | Class of 2027 |
Participating companies | 91 | 81 |
First-time recruiters | 37 | 22 |
Returning recruiters* | 54 | 59 |
First-time recruiters as share | 40.7% | 27.2% |
*Returning recruiters are calculated by subtracting first-time recruiters from total participating companies.
The first-time recruiter list includes names such as Amgen, Bajaj Auto, Britannia, Citi, D.E. Shaw & Co, Danone, DBS, Flipkart, Galderma, IBM, IDFC FIRST Bank, Kenvue, Kotak, NeoLiv, o3 Capital, SKF, Warner Bros. and Axis Bank.
The sector mix was led by FMCG and Consumer, followed by Consulting and BFSI.
Sector | Share of Placements |
FMCG and Consumer | 33.1% |
Consulting | 23.5% |
BFSI | 20.2% |
General Management and Conglomerates | 7.6% |
Technology, E-Commerce and Product | 5.0% |
Other sectors | 10.6% |
Total | 100% |
The top three sectors: FMCG and Consumer, Consulting, and BFSI, accounted for 76.8% of placements. This gives a clear picture of where the strongest hiring activity came from.
The remaining 23.2% came from General Management and Conglomerates, Technology, E-Commerce and Product, and other sectors.
The “Other” category includes Automotive, Pharmaceuticals, Media, Energy, Real Estate, Engineering, Healthcare and Biotech.
Also Read, SP Jain Mumbai Selection Criteria 2026, Shortlisting, Cut Off
SP Jain Previous Years' Summer Placement Comparison
The latest placement cycle shows improvement not only in stipend levels but also in recruiter participation. The number of placed participants increased slightly, while the recruiter pool expanded more noticeably.
Placement Metric | Class of 2028 | Class of 2027 | Change |
Participants placed | 365 | 361 | +4 |
Participating companies | 91 | 81 | +10 |
First-time recruiters | 37 | 22 | +15 |
First-time recruiter share | 40.7% | 27.2% | +13.5 percentage points |
Average stipend | ₹1.86 lakh | ₹1.66 lakh | +12% |
Median stipend | ₹2 lakh | ₹1.71 lakh | +17% |
Top 50% average | ₹2.18 lakh | ₹2 lakh | +9% |
Top 20% average | ₹2.44 lakh | ₹2.16 lakh | +13% |
Highest stipend | ₹3 lakh | ₹2.50 lakh | +20% |
SP Jain Summer Placements 2027: Conclusion
The most notable change in the SPJIMR PGDM summer placements is the rise in first-time recruiter participation. Their number increased from 22 to 37, while the total recruiter count moved from 81 to 91.
At the same time, stipend growth remained positive across every reported category. The highest stipend recorded the strongest growth at 20%, followed by the median at 17%.
For the Class of 2028, the report therefore presents a placement cycle with full placement coverage, higher stipends and a broader recruiter base. The strongest hiring activity remained concentrated in FMCG and Consumer, Consulting and BFSI, while new recruiters added further depth to the placement process.
