SP Jain Institute of Management and Research - [SPJIMR] Mumbai Placement 2026 Placements

The placement season saw participation from 86 companies, including 27 new recruiters, highlighting SPJIMR’s expanding industry connections. Top recruiters spanned global consulting firms like BCG, Accenture Strategy, Deloitte, and EY Parthenon, alongside major FMCG players such as Colgate Palmolive and HUL, and tech giants including Microsoft, Paytm, and Amazon. The diversity of companies ensured a wide range of opportunities for students.

Students were offered roles across Consulting, Finance, Marketing, General Management, Operations, and Product Management. Career opportunities spanned major Indian metros and international locations, with sectors like Investment Banking, Private Equity, E-commerce, and Technology seeing significant hiring. Leadership and general management roles were also prominent, with companies like Aditya Birla Group, Tata Administrative Services, and Mahindra GMC recruiting extensively.

Highlights

The placement season saw participation from 86 companies, including 27 new recruiters, highlighting SPJIMR’s expanding industry connections. Top recruiters spanned global consulting firms like BCG, Accenture Strategy, Deloitte, and EY Parthenon, alongside major FMCG players such as Colgate Palmolive and HUL, and tech giants including Microsoft, Paytm, and Amazon. The diversity of companies ensured a wide range of opportunities for students.

Students were offered roles across Consulting, Finance, Marketing, General Management, Operations, and Product Management. Career opportunities spanned major Indian metros and international locations, with sectors like Investment Banking, Private Equity, E-commerce, and Technology seeing significant hiring. Leadership and general management roles were also prominent, with companies like Aditya Birla Group, Tata Administrative Services, and Mahindra GMC recruiting extensively.

Year-wise Placement Trends

SP Jain Institute of Management and Research (SPJIMR) Mumbai has demonstrated a consistent upward trend in placements from 2021 to 2025, maintaining a 100% placement record for the last several years. The average and median salary packages have steadily increased, reflecting strong industry demand, especially in consulting, technology, FMCG, BFSI, and general management sectors. The highest packages have also seen significant growth, with international offers reaching up to ₹89 LPA in 2025.

Key Observations

• SPJIMR has maintained a consistent 100% placement rate from 2021 through 2025, with increasing batch sizes and recruiter participation.
• The average package rose from ₹23.6 LPA in 2021 to ₹32 LPA in 2025, with the highest international package reaching ₹89 LPA in 2025.
• Consulting remains the dominant recruiting sector, followed by technology, FMCG, BFSI, and general management roles.
• The number of companies visiting the campus increased, with 27 new recruiters joining in 2025, indicating growing industry trust and diversity in hiring.
• Pre-placement offers (PPOs) have been significant, with nearly half the batch securing PPOs in recent years, reflecting strong internship-to-job conversion.

Salary Statistics 2025

SP Jain Institute of Management and Research (SPJIMR) Mumbai achieved 100% placements for its largest-ever batch of 336 students in 2024-25. The average salary remained strong at around ₹32 LPA, with a median close to ₹30.5 LPA. Over half the batch secured offers above ₹30 LPA, reflecting robust demand especially in consulting, FMCG, BFSI, and tech sectors.

Package Summary

CTC Distribution

Sector-wise Average CTC

Top Recruiters 2025

SPJIMR Mumbai's 2024-25 placements saw a diverse recruiter mix with strong participation from consulting, FMCG, BFSI, IT & analytics, and conglomerates sectors. Consulting firms led the recruitment, followed by significant offers from FMCG giants and BFSI companies. The institute achieved 100% placements for its largest batch of 336 students, with an average package of ₹32 LPA and highest domestic and international packages of ₹81 LPA and ₹89 LPA respectively.

Recruiter Statistics

Consulting

Accenture Strategy, Boston Consulting Group (BCG), Deloitte, EY Parthenon, Infosys Consulting, KPMG, PwC, Praxis Global Alliance, Miebach, Optum, NRI Consulting

Banking & Financial Services (BFSI)

Goldman Sachs, JP Morgan, American Express, Bajaj Finserv, Axis Bank, HSBC IB, Motilal Oswal

IT & Analytics

Microsoft, Amazon, Paytm, Intuit, MakeMyTrip, BookMyShow, Darwinbox, HCL Technologies, Play Simple Games

FMCG & Retail

Hindustan Unilever (HUL), Procter & Gamble (P&G), Marico, Nestlé, ITC, Asian Paints, Godrej, Reckitt, Kimberly Clark, L'Oreal

Conglomerates & Others

Aditya Birla Group, Mahindra MLP, RPG, Reliance, Tata Administrative Services, Zomato, Mahindra GMC

Top Offer Makers

Sector-wise Placement Distribution

The SP Jain Institute of Management and Research (SPJIMR) Mumbai MBA batch of 2024-25 witnessed a diverse sector mix with Consulting leading as the largest recruiting sector, followed by strong participation from FMCG, BFSI, and Technology sectors. The batch of 336 students achieved 100% placements with an impressive average package of ₹32 LPA, reflecting robust demand across these key industries.

Sector Trends

• Consulting remains the dominant sector, placing over one-third of the batch with top global and Indian consulting firms.
• FMCG and Pharma sectors showed the highest industry participation, recruiting a quarter of the batch with premium packages.
• BFSI sector demonstrated strong demand, especially in investment banking, private equity, and wealth management roles.
• Technology sector maintained resilience despite market challenges, with significant placements in product management and analytics roles.
• General Management roles from leading conglomerates highlight SPJIMR’s focus on grooming versatile leaders across industries.
• Over 47% of the batch secured pre-placement offers through internships, reflecting strong industry engagement and student preparedness.

Role-wise Placement

The SP Jain Institute of Management and Research (SPJIMR) Mumbai achieved 100% placements for its MBA batch of 2024-25, with a strong role distribution across Consulting, Finance, Marketing & Sales, Operations, and General Management. Consulting was the dominant function, placing about 35% of the batch, followed by significant shares in Finance and FMCG sectors. Leadership and general management roles also featured prominently, reflecting the institute's focus on grooming versatile managers.

By Function

Top Roles Offered

Summer Internship & PPO

SPJIMR Mumbai conducts a mandatory summer internship program for its MBA batch, typically lasting two months during April and May. The internship cycle for the Class of 2025-27 saw strong industry participation with 81 companies offering 425 internship opportunities, reflecting a significant rise in stipend offers and sectoral diversity. Around 40-50% of the batch receives Pre-Placement Offers (PPOs) based on their internship performance, securing early placements before the final recruitment process.

Summer Internship Statistics

PPO Statistics

Top Internship Recruiters

Top recruiters for internships include Boston Consulting Group (BCG), Accenture Strategy, Deloitte, Google, Microsoft, Samsung, Mahindra GMC, Tata Administrative Services, Hindustan Unilever Limited (HUL), Procter & Gamble (P&G), and J.P. Morgan.

Placement Process

The placement process at SP Jain Institute of Management and Research (SPJIMR) Mumbai typically begins with pre-placement talks in November, followed by the final selection interviews conducted in mid-December. The institute ensures 100% placement for its PGDM and PGDM (BM) batches, with a strong focus on grooming students through career services and training activities.

Placement Calendar

Selection Process

1. Resume Shortlisting: Companies shortlist candidates based on their resumes and profiles.
2. Online Test: Some recruiters conduct online aptitude or domain-specific tests.
3. Interview Rounds: Multiple rounds including HR, technical, and case interviews are conducted on campus.

Placement Policies

• Dream Offer Policy: Students securing Pre-Placement Offers (PPOs) through internships or corporate competitions are signed out from the final placement process.
• Eligibility: Academic performance and adherence to institute guidelines are important; typically, students must maintain good academic standing to participate in placements.

SP Jain Institute of Management and Research - [SPJIMR] Mumbai vs Competitors

SPJIMR Mumbai is compared with Narsee Monjee Institute of Management Studies (NMIMS) Mumbai and XLRI Jamshedpur, as these are top-tier private and quasi-private B-schools in India with strong brand presence, comparable rankings, and similar placement profiles. All three institutions attract high-caliber students and recruiters, making them relevant peers for placement and ROI comparison.

Placement Comparison 2025

Key Differences

• SPJIMR Mumbai: Known for its strong global recognition (FT MiM #35 globally), excellent career services (ranked #1 in India), and consistent NIRF top 20 ranking. It offers a balanced mix of social impact and industry engagement with slightly lower fees than peers.
• NMIMS Mumbai: A leading private B-school with strong industry connections and a slightly lower placement percentage. It has a competitive CAT cutoff and higher fees, with a focus on diverse management programs.
• XLRI Jamshedpur: The oldest and most reputed private B-school among the three, with the highest NIRF rank and highest CTC. It commands a premium fee structure and attracts top recruiters, especially in HR and general management.

Verdict

SPJIMR Mumbai suits students seeking a globally recognized program with strong career support and a slightly more affordable fee structure. NMIMS is ideal for those looking for a well-rounded private B-school experience in Mumbai with good placements. XLRI is best for candidates aiming for the highest brand value, top-tier placements, and are willing to invest more for premium opportunities, especially in HR and leadership roles.

ROI Analysis

SP Jain Institute of Management and Research (SPJIMR) Mumbai offers a high-value management education with a total investment of around ₹26.5 lakhs for the flagship PGDM program, including tuition and basic hostel accommodation. The institute boasts strong placement outcomes, with an average CTC of approximately ₹33 LPA, indicating a robust return on investment for students.

Cost Breakdown

Returns

Worth It?

The investment in SPJIMR’s PGDM program is justified given its strong placement record and high average salary packages. With a median CTC close to ₹33 LPA and a payback period of about 3 years, the program offers good value for money, especially considering the institute’s reputation and quality of education. Scholarships and financial aid are also available to reduce the financial burden for deserving candidates.

Placement Cell

The Placement Cell at SP Jain Institute of Management and Research (SPJIMR) Mumbai is dedicated to aligning students' career aspirations with industry expectations, ensuring 100% placements for its PGDM batches. It facilitates a comprehensive placement process including pre-placement talks, internships, and final selection, supported by workshops, leadership talks, and mentorship from faculty and alumni to prepare students thoroughly for the corporate world.

Contact Details

Placement Support

• Mock Interviews
• Resume Building
• Aptitude Training

Alumni Network

SP Jain Institute of Management and Research (SPJIMR) Mumbai has a robust alumni network of over 18,000 professionals globally. The alumni hold influential leadership roles across diverse sectors including large corporations, family businesses, and startups. SPJIMR's alumni network is ranked #1 in India and #11 globally for its effectiveness in supporting career opportunities, start-ups, recruitment, and knowledge exchange.

Alumni Statistics

Notable Alumni

Alumni Engagement

• Mentorship Programs
• Guest Lectures

Placement Reports

Official Placement Page: https://www.spjimr.org/placements/

Placement FAQs

What is the average package at SP Jain Institute of Management and Research - [SPJIMR] Mumbai?

The average package for the 2023-25 batch at SPJIMR Mumbai is around ₹32 LPA, with a median salary of approximately ₹30.5 LPA. Over 90% of the batch received offers above ₹25 LPA.

Which companies offer top packages?

Top recruiters offering high packages include Google, HSBC Investment Banking, Infosys Europe, FedEx, Zomato, Motilal Oswal, Accenture Strategy, Boston Consulting Group, Deloitte, EY Parthenon, and Morgan Stanley. The highest domestic package reached ₹81 LPA, while the highest international package was ₹89 LPA.

What is the placement rate?

SPJIMR achieved a 100% placement rate for its largest batch of 336 students in 2023-25, maintaining consistent full placement every year.

Which sector pays the highest at SPJIMR?

Consulting is the highest-paying sector, with about 35% of the batch placed in consulting roles. Other high-paying sectors include BFSI, FMCG, and technology.

Are consulting roles available at SPJIMR?

Yes, consulting roles are highly available and popular, with firms like BCG, Deloitte, EY Parthenon, Accenture Strategy, Infosys Consulting, and KPMG recruiting extensively. Consulting accounted for about 35% of placements.

What about international placements at SPJIMR?

International placements are offered, with companies like Infosys Consulting and HCL Technologies providing offers. The highest international package recorded was ₹89 LPA.

How do marketing and finance placements compare at SPJIMR?

Marketing and finance both have strong placement records. Around 49% of the marketing batch and 41% of the finance batch secured roles in FMCG, BFSI, investment banking, private equity, and hedge funds, reflecting balanced opportunities.

How important is the summer internship at SPJIMR?

Summer internships are crucial for final placements, with many students receiving pre-placement offers (PPOs). The internship experience helps students gain industry exposure and often leads to final job offers.

What is the average and highest stipend for summer internships?

The average summer internship stipend is around ₹3.15 lakhs for two months, with the highest stipend reaching ₹4.4 lakhs.

What is the PPO conversion rate at SPJIMR?

The PPO conversion rate is strong, with about 48% of the batch receiving pre-placement offers from their summer internship companies.