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Updated on Apr 26 2025, 09:32 PM IST by Yasmeen

SPJIMR, Mumbai Placements

As per the latest placement drive SPJIMR highest salary package for PGDM is Rs 81 LPA, and SPJIMR's average package for PGDM course stood at Rs 33 LPA. Students have been placed in several leading organisations including American Express, Flipkart, Nestle, Asian Paints, Paytm, and many more.

SPJIMR Mumbai has a dedicated placement cell that supports students in securing rewarding job opportunities with renowned organisations, offering attractive salary packages. The placement cell at SPJIMR Mumbai organises a variety of training initiatives, including workshops and seminars, to equip students with essential skills and knowledge for professional success. 

SPJIMR highest package for PGDM (BM) course is Rs 74 LPA, and SPJIMR average package stood at Rs 33 LPA. Students can refer to the below-mentioned information to know more about the placement statistics of SPJIMR Mumbai.

Also Read: SPJIMR Mumbai Courses and Fees

SPJIMR Mumbai Placement Process 2025

  • 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 PGDM Placements 2024

Particulars

Placement Statistics 

Placement rate

100%

Highest Salary Package

Rs. 81 LPA

Average Salary Package

Rs. 33 LPA

Median Salary Package

Rs. 31.50 LPA

Participants of the Batch

292

Participating Companies 

72

Pre-Placement Offers 

138

SPJIMR PGDM (BM) Placements 2024

Particulars

Placement Statistics 

Highest Salary Package

Rs. 74 LPA

Average Salary Package

Rs. 33 LPA

Median Salary Package

Rs. 31.35 LPA

SPJIMR Mumbai PGPM Placements 2024

Particulars

Placement Statistics 

Total Participants

145 

Number of Participating Firms

42

Highest Salary Package

Rs. 52 LPA

Average Salary Package

Rs. 23.88 LPA

Median Salary Package

Rs. 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

SPJIMR Mumbai NIRF Placements 2024

Mentioned below is the placement statistics for the academic year 2022-23 in the management category.

SPJIMR Mumbai 2 Year PG Placements 2023

Particular

Statistics

No. of students graduating in minimum stipulated time

238

No. of students placed

238

Median salary of placed graduates

Rs 32,00,000

SPJIMR Mumbai Top Recruiters

The placement season witnessed a 100% success rate. A wide range of sectors, such as consulting, finance, FMCG, and technology, were represented by 72 top recruiters. Leading companies like Amazon, Deloitte, Hindustan Unilever, and Nestle offered competitive roles across domains.

SPJIMR Mumbai Top Recruiters

Amazon India

Axis Bank

ITC Limited

Deloitte

Hindustan Unilever 

Nestle

Tata Digital

Asian Paints

Note: Apart from the above-mentioned recruiters, several others have also participated in the latest placement drive at SPJIMR Mumbai.

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

Hands-on faculty, strong placements and holistic development

Placements

Top recruiters from consulting, FMCG, pharmaceuticals, IT, and general management fields actively recruit from SPJIMR. The placement support team provides equal opportunities for all participants, creating a level playing field for securing roles in prestigious organisations.

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

Lovely people and access to great opportunities

Verified ReviewPlacements

SPJIMR does a fantastic job with placements. Companies from almost every sector come here. The most notable thing is that the placement team has our backs and ensures that everyone gets great opportunities.

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

I love being a student at SPJIMR, it is helping me grow.

Placements

SPJIMR's placement process is robust and highly focused on aligning students with top-tier companies. With excellent preparation through mock interviews, workshops, and personalised guidance, students are equipped to excel in interviews and GDs and bag the best placement.

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

Have a question related to SPJIMR, Mumbai ?

Hello

The Indian Institute of Management (IIMs), particularly the newer ones, are growing rapidly in stature but still differ from renowned MBA colleges like XLRI, SPJIMR, and FMS in terms of academic rigor, placements, and return on investment (ROI).

Here's a comparative analysis :

Placements:

Newer IIMs : Average CTC ranges from Rs14–20 LPA, varying by location and batch size.

Placement opportunities are growing , but they may lack the diversity and senior roles offered by the older IIMs or XLRI/SPJIMR .

XLRI, SPJIMR, and FMS : Consistently attract top-tier recruiters offering roles in consulting , finance , marketing and HR.

Average CTC for XLRI and SPJIMR is Rs25–30 LPA , while FMS boasts a high ROI with an average CTC of Rs34–38 LPA and lower fees .

More information for IIMs link given below :

https://bschool.careers360.com/colleges/list-of-top-iim-colleges-in-india

More information for MBA colleges link given below :

https://bschool.careers360.com/colleges/list-of-mba-colleges-in-india

Hope this helps you .

Thank you


I by mistake left the interest in a particular specialization dialog box almost empty while filling spjimr form, can i somehow get to edit it later on?

Hello there,

If SPJIMR's form submission window is still open, you can try accessing your application and see if the "Edit" option is available. If editing is not allowed, contact SPJIMR's admissions office immediately through email or phone. Explain your situation clearly and request permission to update the information. Some institutions may allow minor corrections or provide guidance for resolving such issues. Acting quickly increases your chances of making the necessary changes.


For more details, you can check out an article by Careers360 whose link is given below:

Link: https://dqxeclau.top/colleges/spjimr-mumbai


I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.

Thank you and wishing you all the best for your bright future.


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.

SPJIMR, Mumbai Frequently Asked Questions (FAQ's)

1: Is SPJIMR Mumbai good for placements in consulting and finance roles?

Yes, SPJIMR Mumbai has a strong track record in consulting and finance. Top firms visit the campus every year for these domains. Students get roles in strategy, analytics, and investment banking. It’s one of the preferred B-schools for such high-demand sectors.

2: 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).

3: Who are the recruiters of SPJIMR Mumbai?

Some of the recruiters of SPJIMR Mumbai are Godrej, Amazon India, KPMG, American Express, Flipkart, Nestle, Asian Paints, Paytm, Tata Digital, Marico and many others. S P Jain Institute of Management and Research Mumbai placement is conducted on campus.

4: What is the placement process at SPJIMR Mumbai?

SPJIMR Mumbai placement process starts with corporate talks and live projects on campus. Firms then share job profiles and shortlist candidates. Interviews, group discussions, and CV evaluations follow. Final results are announced by companies after interviews.

5: What is the salary packages for the PGDM (BM) course at SPJIMR Mumbai?

The average salary package for the PGDM (Business Management) course at SPJIMR Mumbai stood at Rs. 33 LPA, with a median package of Rs. 31.35 LPA. The highest salary package offered for the PGDM programme was Rs. 81 LPA

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