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SPJIMR, Mumbai Placements

S P Jain Institute of Management and Research (SPJIMR), Mumbai has released the placements for PGDM, PGDM (BM) and PGPM 2024. During SPJIMR PGDM placements 2024, the placement rate recorded was 100%. The highest and average package stood at Rs. 81 LPA and Rs. 33 LPA during the SPJIMR PGDM placements 2024. Earlier, the SPJIMR Mumbai highest package and average package offered during SPJIMR placements 2023 for PGDM stood at Rs. 77.88 LPA and Rs. 32.84 LPA.

According to the SPJIMR PGDM (BM) placements 2024, the highest and average package was Rs. 74 LPA and Rs. 33 LPA respectively. The median salary package offered during SPJIMR PGDM (BM) placements 2024 stood at Rs. 31.35 LPA. The highest and average package offered during SPJIMR PGPM placements 2024 stood at Rs. 52 LPA and Rs. 23.88 LPA respectively. Some of the major recruiters in SPJIMR Mumbai placements 2024 are Godrej, Amazon India, KPMG, American Express, Flipkart, Nestle, Asian Paints, Paytm, Tata Digital, Marico and many others. The detailed placement statistics of S P Jain Institute of Management and Research are mentioned below. 

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SPJIMR Mumbai Placement Process 2024

  • The placement cell contacts companies to visit the campus for the placements.
  • Interested companies give confirmation about the date and time of their visit to the campus.
  • Then, interested students of the institute are given details about the placement date and the names of the companies/ organisations.
  • Then pre-placement talks are conducted by the companies.
  • Students must submit their resumes and shortlisted students are called for interviews on the same day.
  • Job offers are granted to candidates who are recruited by the companies

SPJIMR Placement Report 2024: PGDM Final Placements

ParticularsPlacement Statistics (2024)
Placement rate100%
Highest Salary PackageRs. 81 LPA
Average Salary PackageRs. 33 LPA
Median Salary PackageRs. 31.50 LPA
Participants of the Batch240
Participating Companies 72
Pre-Placement Offers 110

SPJIMR Placements 2024: PGDM (BM) Final Placements

ParticularsPlacement Statistics (2024)
Highest Salary PackageRs. 74 LPA
Average Salary PackageRs. 33 LPA
Median Salary PackageRs. 31.35 LPA

SPJIMR Mumbai Placements 2024: PGPM Final Placements

ParticularsPlacement Statistics (2024)
Total Participants145 (Male- 115 and Female- 30)
No of Participating Firms42
No of First Time Recruiters
17
Highest Salary PackageRs. 52 LPA
Average Salary PackageRs. 23.88 LPA
Median Salary PackageRs. 22.80 LPA
Average increase (%) (over incoming pay)104.03%
Average CTC of the top 25 per cent
Rs. 30.31 LPA
Average CTC of the top 50 per cent
Rs. 26.30 LPA

S P Jain Institute of Management and Research PGDM Placements 2023

Particulars
Placement Statistics (2023)
Batch Size237 
Highest Salary Package
Rs. 77.88 LPA
Average Salary PackageRs. 32.84 LPA
Number of Recruiters61

SPJIMR Mumbai PGDM Class of 2023 Placements

ParticularsPlacement Statistics (2023)
Participants in the Batch
237
Number of companies participating
63
Number of first-time recruiters
33
Total Number of Pre-Placement Offers
112
Median Salary
Rs. 32.89 LPA (9% increase compared to last year)
Average Salary
Rs. 33.02 LPA (3% increase compared to last year)
Highest Salary
Rs. 77.8 LPA (46% increase compared to last year)
Offers equal to or greater than Rs. 40 LPA7% (6.6%)
Offers equal to or greater than Rs. 35 LPA
35%
Offers equal to or greater than Rs. 30 LPA
70%
Offers equal to or greater than Rs. 25 LPA Autumn Internship
92%
Number of companies
42
Average Stipend for two months
Rs. 2,95,928
Median Stipend for two months
Rs. 3,00,000
Maximum Stipend for two months
Rs. 4,00,000

SPJIMR Mumbai Placements 2024: Top Recruiters

Amazon IndiaAxis Bank
ITC LimitedDeloitte
Hindustan Unilever Nestle
Tata DigitalAsian Paints
GodrejP&G
BCGKPMG
PhilipsMake My Trip
American ExpressGodrej
FlipkartPaytm

Note: Due to industry partners and school alumni, SPJIMR Mumbai has achieved 100% placements of all students with excellent results despite the global slowdown and its impact on campus placements.

Domain

Management and Business Administration

Level

PG

Year

2 Years

Statistics for Academic Year 2023

ParticularsStatistics
First year total students intake 240
Total students admitted 238
Total Graduated Students 238
Total Placed Students 238
Placement Percentage 100
Median Salary 32.00 L

Placement yearly trends

Placement Percentage
Source Data NIRF 2024

Key takeaways from SPJIMR, Mumbai's Placement Statistics

  • The Placement Percentage of SPJIMR, Mumbai has increased by 1.26 %
  • The Median salary of SPJIMR, Mumbai has increased by 4.69 %
  • The Placement Percentage of SPJIMR, Mumbai is better than 6 colleges that are ranked higher
  • The Median salary of SPJIMR, Mumbai is better than 16 colleges that are ranked higher

Students Review for SPJIMR, Mumbai

SP Jain institute great learning experience

Verified ReviewPlacements

Approximately 85% of students got placed. The lowest salary package offered was 5 LPA, and the highest salary package offered was 75 LPA. Top recruiting companies are Google, FlixBus, Euler Hermes, Allianz, Porsche, Mercedes. Top roles offered were product manager, project manager, strategic pricing head. The highest salary package offered was 50 LPA, the lowest salary package offered was 5 LPA, and the average salary package offered was 18 LPA in our course. In our college, 100% of students got an internship in various companies including P&G, Porsche, FlixBus, Euler Hermes, Allianz.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

Exclusive, Elite & Exemplary!

Verified ReviewPlacements

SPJIMR placements are one of the best in the business. With average placement of 26.06 Lakhs per annum in 2021 despite pandemic shows the recruiters' confidence in SPJIMR participants. Our placement reports are Crisil audited which increases the trust and transparency between the college and incoming as well as incumbent students. We have a very fair and unbiased placement committee and in my personal opinion, this is the best thing about SPJIMR in addition to a very strong alumni connect..

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

One of the best bschools in India for a holistic experience

Verified ReviewPlacements

Outstanding placements: average of 26.06 lakhs per annum for Class of 2021, good breadth of Fortune 500 companies from various industries, great roles offered, good mix of legacy companies as well as startups

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

Have a question related to SPJIMR, Mumbai ?

I have scored 219 in NMAT 2024 in my first attempt. How to apply for SP Jain using this score? I did not find anywhere in SP Jain form that it is asking for NMAT score

Unfortunately, the SP Jain does not directly take NMAT scores for its PGDM program.


Now, though NMAT is one of the most popular entrance exams for management courses, SP Jain mainly takes into consideration CAT, GMAT and XAT for admission purpose.


But still, you can apply to SP Jain in other ways as given below:


Global MBA: SP Jain also has a Global MBA program for which you can apply directly. The admission criteria are different for this program, and they might take NMAT scores.

Other B-Schools: You can apply to other top-ranked B-schools in India which accept NMAT scores are like

Great Lakes Institute of Management

Welingkar Institute of Management

XIMB

Please refer to the respective official website of these institutions for current admission criterion and deadline.

Yes, you can get the Profile-cum-Score-based call from SPJIMR subject to the condition that you achieve the minimum sectional cutoff of 75 percentile in the CAT .

SPJIMR selects candidates based on their profiles. For selection, candidate's overall profile and following factors are considered along with the CAT scores as mentioned below:

  • Academic background- A strong and consistent performance in the Class 10, Class 12, and every year of graduation.
  • Work experience- Relevant work experience for the chosen specialisation. However, work experience is not mandatory and, candidates with no work experience and those with less than five years of work experience can also apply for the PGDM.
  • Versatility and Achievements- Endeavours in diverse fields of interest and achievements in extracurricular activities.

The final selection is based on a composite score, which takes into account the profile of candidates, academic record, CAT/ GMAT scores, work experience (if any), and performance in the two rounds of group interviews. As you have obtained 99 percentile in the CAT, there are good chances that you will get the PI shortlist subject to the condition that you meet the minimum eligibility criteria.

Hello aspirant,

CAT does not directly send your scores to individual institutes. After you take the CAT exam, you will receive your scorecard from CAT. This scorecard will contain your overall score, sectional scores, and percentile rank.

You will need to update your CAT score on the individual institute portals yourself. Each institute has its own application process, and you will typically need to upload your CAT scorecard to their portal. This allows them to evaluate your application based on your CAT performance.

Therefore, it is important to be prepared to update your CAT score on multiple institute portals after receiving your scorecard.

I hope this information helps you.

SPJIMR, Mumbai Frequently Asked Questions (FAQ's)

1: What was the average salary package of the students placed in the latest placement drive of SPJIMR Mumbai?

The average salary package in the latest placement drive of SPJIMR Mumbai was Rs. 33 LPA. Students are placed in several top organisations such as Godrej, Amazon India, KPMG, American Express, Flipkart, Nestle, Asian Paints, Paytm, Tata Digital, Marico and many others. 

2: What was the highest salary package offered during the SPJIMR Mumbai latest placement drive?

The highest salary package offered to students in the latest SPJIMR Mumbai PGDM placements  2024 was Rs. 81 LPA whereas the average salary package offered was Rs. 33 LPA. 

3: Which companies were among the top recruiters at SPJIMR Mumbai in the latest placement drive?

In the latest SPJIMR Mumbai placement drive various companies participated in recruitment such as Godrej, Amazon India, KPMG, American Express, Flipkart, Nestle, Asian Paints, Paytm, Tata Digital, Marico and many others. 

4: Does SP Jain have 100% placement?

Yes, S.P. Jain Institute of Management and Research (SPJIMR, Mumbai) has 100% placement, The placement cell of SPJIMR works hard and trains the students in such a way so that everyone will get their job. During the course duration, industry visits are one of the integral parts of the course along with the academics. PGDM placements at SPJIMR consist of the following: Autumn Internships (Aug- Oct every year) and Final Placements (after graduation).

5: Is the SPJIMR Mumbaiplacement conducted on-campus?

Yes, SPJIMR Mumbai placement is conducted on campus.

6: Does the SPJIMR Mumbai placement department provide placement training?

Yes, SPJIMR Mumbai placement department provides placement training like personality development training, soft-skills training, aptitude training, group discussions, mock interviews, etc.

7: Does SPJIMR Mumbai provide placement assistance?

Yes, SPJIMR Mumbai provides placement assistance with the help of a placement department.

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