SPJIMR Placements 2024: Final Placement, Highest and Average Package
SPJIMR Placements: The SPJIMR Placement Report for 2024 highlights a successful placement season for its PGDM and PGDM (BM) programs. With a 100% placement rate and participation from 72 companies, including 33 new recruiters, the institute has seen notable increases in the highest and average salary packages. The highest package reached INR 81 LPA, while the average package stood at INR 33 LPA this year.
SPJIMR Placement Report 2024: Highlights
The SPJIMR Placement Report for 2024 presents an overview of the placement outcomes for the PGDM and PGDM (BM) programs. This year, the highest salary package offered to graduates reached INR 81 LPA, showcasing the high-end opportunities available to top performers. The average salary package for all graduates stood at INR 33 LPA, indicating a strong earning potential across the board.
The median package was INR 31.50 LPA, suggesting that half of the graduates secured salaries above this amount. The placement rate was 100%, reflecting the program’s success in ensuring all students seeking employment received job offers. A total of 72 companies participated in the placement process, with 33 being new recruiters, which signifies an expanded network of hiring organisations.
The following table below represents the SPJIMR Placements 2024 Report.
| Particulars | PGDM and PGDM (BM) Placement Statistics (2024) |
| Highest package | INR 81 LPA |
| Average package | INR 33 LPA |
| Median package | INR 31.50 LPA |
| Placement rate | 100% |
| Gender per cent | Males 71% and Females 29% |
| Companies participating | 72 (33 new recruiters) |
| Top recruiting sector | Consulting (35% of the total offers) |
Click on the banner below, fill out the form and start your CAT prep for free with previous-year papers, mock tests, practice questions and more.
SPJIMR Autumn Internship Placements 2025 Report
SPJIMR Mumbai also conducts Autumn Internships for its students. The batch of 2023-25 has successfully participated in these internships:
| Particulars | Internship Statistics (2025) | Internship Statistics (2024) | Internship Statistics (2023) |
| Number of Companies | 75 | 53 | 41 |
| First-time Recruiters | 22 | 28% | – |
| Number of Offers | 390 | 340 | 312 |
| Number of Participants | 341 | 295 | 237 |
| Highest Stipend (For Two Months) | – | INR 4.40 Lakhs | INR 4 Lakhs |
| Average Stipend (For Two Months) | INR 3.15 Lakhs | INR 3.15 Lakhs | INR 2.95 Lakhs |
| Median Stipend (For Two Months) | INR 3.10 Lakhs | INR 3 Lakhs | INR 3 Lakhs |
| Top 20%
Average Stipend |
INR 4.52 Lakhs | – | – |
| Top 25%
Average Stipend |
– | INR 4.25 Lakhs | INR 3.66 Lakhs |
| Top 50%
Average Stipend |
INR 4.17 Lakhs | INR 3.77 Lakhs | INR 3.34 Lakhs |
| Job Roles Offers | Corporate Strategy, Investment Banking, Private Equity, Product Management, Analytics, E-Commerce, General Management, etc. | – | Analytics, Consulting, Corporate IT etc |
| Major sector | FMCG (35%) and Consulting (21%) | FMCG (40%) | FMCG |
| Top Recruiters | DC Advisory, Nomura, JM Financials, Edelweiss Alternatives, American Express, Intuit, Tata Digital, and Samsung Research, etc. | Amagi Labs, BlinkX, Darwin Box, Phone Pe etc | – |
SPJIMR Placement Report 2023: Highlights
The SPJIMR Placement Report for 2023 highlights various significant achievements for the PGDM program. This year, the highest international salary package reached INR 77.88 LPA, marking a notable addition to the compensation. In contrast, the highest domestic package increased to INR 67.50 LPA from INR 53.16 LPA in the previous year. The average salary package also slightly rose, reaching INR 33.02 LPA compared to INR 32.06 LPA in 2022. Similarly, the median package improved to INR 32.89 LPA from INR 30.10 LPA.
Despite a slight decrease in the number of participating companies 63 compared to 70 the last year—the placement process maintained strong engagement with 33 new recruiters joining. The number of pre-placement offers (PPOs) decreased slightly to 112 from 123, reflecting a minor shift but still indicating robust pre-placement opportunities for students.
| Particulars | PGDM Placement Statistics (2022) | PGDM Placement Statistics (2023) |
| Highest international package | NA | INR 77.88 LPA |
| Highest domestic package | INR 53.16 LPA | INR 67.50 LPA |
| Average package | INR 32.06 LPA | INR 33.02 LPA |
| Median package | INR 30.10 LPA | INR 32.89 LPA |
| Companies participated | 70 | 63 |
| New recruiters | 33 | 33 |
| PPOs made | 123 | 112 |
Know more: Indian Institute of Management, Calcutta Placement
SPJIMR Placements 2023 Course – Wise
The SPJIMR Placements 2023 report provides detailed insights into the course-wise performance of the PGDM and PGPM programs. For the PGDM program, 63 companies participated in the placement process, with 33 being new recruiters. The program saw 237 students placed, with a notable highest salary package of INR 77.88 LPA and an average package of INR 33.02 LPA.
The median package was INR 32.89 LPA. In comparison, the PGPM program, which had 73 companies participate and 114 students, offered the highest package of INR 43.92 LPA and an average package of INR 25.89 LPA. The PGPM program also recorded an highest top 25% average package of INR 33.63 LPA and a top 50% average package of INR 30.90 LPA. Both programs saw significant engagement from new recruiters, with the PGPM program attracting 15 new companies, highlighting the growing interest in SPJIMR graduates.
The table below represents the PGDM and PGPM course-wise highlights of SPJIMR Placements:
| Particulars | PGDM (2023) | PGPM (2022) |
| Companies Participated | 63 | 73 |
| New Recruiters | 33 | 15 |
| Total Number of Students | 237 | 114 |
| Number of PPOs/PPIs | 112 | – |
| Highest Package | INR 77.88 LPA | INR 43.92 LPA |
| Average Package | INR 33.02 LPA | INR 25.89 LPA |
| Top 25% Average Package | – | INR 33.63 LPA |
| Top 50% Average Package | – | INR 30.90 LPA |
| Median Package | INR 32.89 LPA | – |
Know more: Indian institute of management lucknow final placement
SPJIMR Placements Year-Wise Trends
The table below shows the year-wise trends of SPJIMR Placements:
| Particulars | 2023 | 2022 | 2021 |
| Number of Recruiters | 63 | 75 | 131 |
| New Recruiters | 33 | 33+ | 75 |
| Highest Package | INR 30.06 LPA | INR 53.16 LPA | INR 46.65 LPA |
| Average Package | INR 19.5 LPA | INR 32.06 LPA | INR 26.06 LPA |
Click on the banner below, fill out the form start your CAT prep for free.
Conclusion
SPJIMR’s Placement Report for 2024 reflects a year of significant achievements and stability. The rise in the highest and average salary packages and total placement rate showcases the institute’s growing appeal among top recruiters. The consistent addition of new recruiters and the dominance of the consulting sector highlight SPJIMR’s ongoing success and commitment to delivering valuable career opportunities for its graduates.
Disclaimer: The information, statistics, and data contained herein are produced, processed, compiled, and based on various sources from the public domain believed to be reliable to the best of our knowledge. These details have been disseminated for reference purposes only and IMS makes no warranties or representations whatsoever regarding the quality, content, suitability, completeness, adequacy, accuracy or timeliness of such information, placement report, and data. Readers are further advised to procure information from the official websites of the respective Universities/institutes/ Business Schools etc.