SPJIMR Placements 2023: Highest & Average Salary Package, Top Companies

SPJIMR placements 2023 placed the PGDM students of the 2021- 23 batch in leading sectors like Consulting, BFSI, FMCG, Pharma and Tech. During 2023 placements, the SPJIMR highest package offered was INR 77.88 LPA. Around 92% of the PGDM 2023 batch was placed with an annual package greater than INR 25.00 LPA. Similarly, around 70% of the batch was placed with an annual package greater than INR 30.00 LPA.

Around 63 companies from multiple sectors have participated in S P Jain Institute of Management and Research placements 2023. Companies like Accenture Strategy, Bain and Co., Boston Consulting Group, Ernst and Young, Coca-Cola Beverages, Hindustan Unilever Limited, American Express, Pinpoint Asset Management, Samsung Research India, etc., are some of the SPJIMR top recruiters.

The SPJIMR placement cell has concluded the internship drive for the PGDM batch of 2021- 23 batch. A total of 41 companies have participated and offered 237 offers in 2022. The highest stipend offered for PGDM students in 2022 was INR 3.0 Lakhs for two months. The highest stipend of 2022 has increased by 7% compared to 2021.

SPJIMR offers remarkable placements with proper trainings and sessions. Here's more on what the students have to say- GetMyUni’s Verdict.

Table of Contents

• Placement Highlights
• Top Recruiters
• PGDM Placement Statistics
• PGPM Placement Statistics
• PGMPW Placement Statistics
• Placement Cell
• Internship

SPJIMR Placement Highlights 2023

SPJIMR has concluded the 2023 placement drive for PGDM students. The highest domestic package offered for PGDM students in 2023 was INR 67.50 LPA. The SPJIMR average package offered for the PGDM 2023 batch was INR 33.02 LPA, and the median package was INR 32.89 LPA. The highest package in 2023 observed a growth of 46%, while the average package had a growth of 3% compared to the previous year.

Some of the key highlights of SPJIMR placements 2023 are shown in the table below.

Particulars	Highlights
SPJIMR Highest Package Offered- International	INR 77.88 LPA
SPJIMR Highest Package Offered- Domestic	INR 67.50 LPA
SPJIMR Average Package Offered	INR 33.02 LPA
SPJIMR Median Package Offered	INR 32.89 LPA
Number of Students Participating	237
Total Number of Companies Participating	63
Number of First-Time Recruiters	33
Total Number of Pre-Placement Offers	112

SPJIMR Top Recruiters 2023

Around 63 companies from multiple sectors, of which 33 were new recruiters, have participated in S P Jain Institute of Management and Research Mumbai placements 2023. The list of some of the SPJIMR top recruiters is given in the table below.

Accenture Strategy	Bain and Co.	Boston Consulting Group
Ernst and Young	Coca-Cola Beverages	Hindustan Unilever Limited
American Express	Pinpoint Asset Management	Samsung Research India

SPJIMR PGDM Placement Statistics 2023

PGDM program’s statistics during SPJIMR placements have been constantly improving every year. Statistics like salary trends, salary-wise percentage of offers, and sector-wise recruiters of the PGDM program are shown in the tables and graphs below.

SPJIMR PGDM Salary Trend 2023

The highest salary package offered for students of the PGDM in 2023 has increased from INR 53.16 LPA to INR 77.88 LPA. Similarly, the median salary package had a growth of 9% and reached an all-time high of INR 32.89 LPA. The table below shows the SPJIMR salary trend of the PGDM program for the last three years (2021 to 2023).

Particulars	Statistics in 2023	Statistics in 2022	Statistics in 2021
Highest Salary Package Offered	INR 77.88 LPA	INR 53.16 LPA	INR 46.65 LPA
Average Salary Package Offered	INR 33.02 LPA	INR 32.06 LPA	INR 26.06 LPA
Median Salary Package Offered	INR 32.89 LPA	INR 30.10 LPA	INR 25.00 LPA

The graph below shows the salary trend of the PGDM program during SPJIMR placements from 2021 to 2023.

SPJIMR PGDM Salary Packages 2023

Around 6.6% of offers made to students of the PGDM program have a salary package greater than INR 40.00 LPA. Similarly, around 35% of the offers had a package greater than INR 35.00 LPA. Tabulated below are the salary package-wise percentage of offers made during SPJIMR Mumbai placements 2023.

Particulars	Percentage of Offers
Salary Package greater than INR 40.00 LPA	6.6%
Salary Package greater than INR 35.00 LPA	35%
Salary Package greater than INR 30.00 LPA	70%
Salary Package greater than INR 25.00 LPA	92%

The following graph shows the PGDM program’s salary packages and percentage of offers during SPJIMR placements 2023.

SPJIMR PGDM Sector-wise Recruiters 2023

Companies from more than 6 sectors have participated in S P Jain Institute of Management and Research placements 2023. The sector-wise list of some of the SPJIMR top recruiters is given in the following tables.

Consulting/ IT Consulting

Accenture Strategy	Bain and Co.	Boston Consulting Group
Ernst and Young	Deloitte	FTI Consulting
GEP	Kearney	KPMG
Praxis Global Alliance	PWC	-

FMCG

Asian Paints	Colgate-Palmolive	Nestle
Coca-Cola Beverages	Hindustan Unilever Limited	Procter and Gamble

BFSI, IB, PE, VC and Hedge Funds

American Express	Barclays	BDA Partners
Edelweiss	JM Financial	O3 Capital
Pinpoint Asset Management	WEH Ventures	-

Product and General Management

Book My Show	Cisco	Games 24×7
Make My Trip	PayTM	Play Simple Games
Samsung Research India Bangalore	ServiceNow	Tata Digital
Aditya Birla Group	Capgemini E.L.I.T.E.	Mahindra GMC
Tata Administrative Services	-	-

SPJIMR PGPM Placement Statistics 2022

Placement statistics of the PGPM program have improved considerably compared to previous years. Statistics like placement highlights, salary trends, average packages, etc., during SPJIMR placements are shown in the tables below.

SPJIMR PGPM Placement Highlights 2022

According to the SPJIMR placement report 2022, the highest salary package of the PGPM program was INR 43.92 LPA. Similarly, the average package offered in 2022 was INR 25.89 LPA. The average hike over incoming salaries was 173.60 per cent in 2022. Some of the key highlights of the PGPM program during S P Jain Institute of Management and Research Mumbai placements 2022 are shown in the table below.

Particulars	Highlights
Highest Salary Package Offered	INR 43.92 LPA
Average Salary Package Offered	INR 25.89 LPA
Total Number of Recruiters	73
Number of First-Time Recruiters	15
Total Number of Students Participated	114

SPJIMR PGPM Salary Trend 2022

During 2022 placements, the average package offered for PGPM students saw a growth of 10% and reached INR 25.89 LPA. The highest package has also increased from INR 35.82 LPA in 2021 to INR 43.92 LPA in 2022. The table below shows the SPJIMR salary trend of the PGPM program for the last three years (2020 to 2022).

Particulars	Statistics in 2022	Statistics in 2021	Statistics in 2020
Highest Salary Package Offered	INR 43.92 LPA	INR 35.82 LPA	INR 30.17 LPA
Average Salary Package Offered	INR 25.89 LPA	INR 23.61 LPA	INR 19.49 LPA

The graph below shows the salary trend of the PGPM program during SPJIMR placements from 2020 to 2022.

SPJIMR PGPM Average Packages 2022

The average package offered for the top 25% of PGPM students in 2022 was INR 33.63 LPA. Similarly, the average package of the top 50% of students was INR 30.90 LPA. Elucidated below are the average packages offered to different percentiles of students during SPJIMR PGPM placements 2022.

Particulars	Salary Package Offered
Average Package of the Top 25 Percent of Students	INR 33.63 LPA
Average Package of the Top 50 Percent of Students	INR 30.90 LPA
Average Package of the Batch	INR 25.89 LPA

The graph below shows various average packages offered to different categories of students during SPJIMR placements in 2022.

SPJIMR PGPM Recruiters 2022

Companies ranging from multinational companies to reputed startups have participated in SPJIMR Mumbai placements every year. The list of some of the SPJIMR top recruiters of the PGPM program is given below.

Accenture	Afcons	Axis Bank
Blue Yonder	Bristlecone	CHEP
Cognizant	DBS	Ernst and Young
Exide	Get Insured	Hitachi Vantara
HSBC	IBM	Infosys
Jio Platforms Limited	KPIT	KPMG
Light Storm	MAQ Software	Publicis Sapient
Quantiphi	Samsung	Thoucentric
Tiger Analytics	TVS Motors	Unity Bank
Vector Consulting	Willis Towers Watson	Wolters Kluwer
Zee Technology	-	-

SPJIMR PGMPW Placement Statistics 2021

The institute is yet to announce the placement data of the PGMPW program for the latest placement drive. Statistics like placement highlights and salary trends of the PGMPW program during SPJIMR Mumbai placements are given in the tables below.

SPJIMR PGMPW Placement Highlights 2021

According to the SPJIMR official placement report 2021, the SPJIMR Mumbai highest package offered for PGMPW students was INR 30.06 LPA. Similarly, the average package offered for PGMPW students was INR 18.80 LPA. The table below shows some of the key highlights of PGMPW placements in 2021.

Particulars	Highlights
Highest Salary Package Offered	INR 30.06 LPA
Average Salary Package Offered	INR 18.80 LPA
Number of Recruiting Companies	19
Number of First-Time Recruiters	11

SPJIMR PGMPW Salary Trend 2021

The official website states that the highest package offered for students of the PGMPW program has increased from INR 22.00 LPA to INR 30.06 LPA in 2021. The average package has also increased to INR 18.80 LPA in 2021. Tabulated below is the salary trend of the PGMPW program during S P Jain Institute of Management and Research placements for the last three years (2019 to 2021).

Particulars	Statistics in 2021	Statistics in 2020	Statistics in 2019
Highest Salary Package Offered	INR 30.06 LPA	INR 22.00 LPA	INR 28.00 LPA
Average Salary Package Offered	INR 18.80 LPA	INR 14.50 LPA	INR 15.00 LPA

The graph below shows the SPJIMR salary trend of the PGMPW program during S P Jain Institute of Management and Research Mumbai placements from 2021 to 2023.

SPJIMR Placement Cell

SP Jain placements office works all year round to groom its students for upcoming recruitments. The placement cell organises personality development workshops, including resume review seminars and mock interviews, nearer to the placement cycle. The SPJIMR placement cell also organises seminars, guest lectures, workshops, industry interactions, etc., with experts from the industry to prepare students for the final placements.

SPJIMR Internship 2022

SPJIMR Mumbai placement cell has concluded the 2022 internship drive for the PGDM program. Around 312 offers were made to a total of 237 participating students. The highest and average stipends offered for students of the PGDM program were INR 4.00 Lakhs for two months and INR 2.95 Lakhs for two months, respectively. The table below shows some of the highlights of SPJIMR autumn placements 2022 of the PGDM program.

Particulars	Highlights
Number of Participating Companies	41
Number of Students	237
Total Number of Offers	312
Highest Stipend Offered	INR 4.00 Lakhs for Two Months
Average Stipend Offered	INR 2.95 Lakhs for Two Months
Median Stipend Offered	INR 3.00 Lakhs for Two Months

SPJIMR Internship Statistics 2022

The internship statistics of the PGDM program in 2022 have improved considerably compared to previous years. Statistics like internship stipends and the list of recruiters during SPJIMR internship 2022 are given below.

SPJIMR Internship Stipends 2022

During SPJIMR autumn placements in 2022, more than 25% of students received a stipend of INR 3.40 Lakhs and above for two months. Around 90% of the students had a stipend of INR 2.00 Lakhs and above for two months. The following table shows the stipend range for different percentages of students during the SPJIMR Mumbai internship drive of 2022.

Stipend Range	Percentage of Students
INR 3.40 Lakhs and Above for Two Months	More than 25% of Students
INR 3.00 Lakhs and Above for Two Months	More than 70% of Students
INR 2.00 Lakhs and Above for Two Months	More than 95% of Students

SPJIMR Internship Recruiters 2022

Companies from sectors like Consulting, Sales and Marketing, Operations and Supply Chain, General Management, IT and Analytics, etc., have participated in the SPJIMR internship drive of 2022. Mentioned below is the list of companies participating in the internship drive of SPJIMR Mumbai.

Accenture Strategy	Aditya Birla Group	Alvarez and Marsal
Amazon	American Express	Asian Paints
Axis Capital	Boston Consulting Group	Castrol
Colgate Palmolive	Flipkart	Fresh Works
Games 24 Seven	GEF Capital Partners	General Mills
Godrej	Hindustan Unilever Limited	Intuit
ITC Limited	Johnson and Johnson	JM Financial
Kearney	Kimberly Clark	Lighthouse Funds
Mahindra GMC	Marico	Mars
Media.net	Microsoft	Mondelez International
Optum	P and G	Reckitt
Samsung Research	Synergy Consulting	TAS
Tata Digital Private Limited	The Math Company	-