SP Jain Institute of Management and Research (SPJIMR), Mumbai Placements

  Mumbai   AICTE, NBA   ESTD 1981
  Mumbai   AICTE, NBA   ESTD 1981

Placements

SPJIMR Placements 2022

SP Jain Institute of Management and Research Mumbai popularly known as SPJIMR has concluded its final placement drive for the batch 2022 with an Average Salary of INR 32.05 LPA with an increase of 23% from last year. The Median Salary stood at INR 30.10 LPA with over 59% of the batch received the package above INR 30 LPA and Over 87% of the batch received  the package of more than INR 25 LPA.

SPJIMR has concluded its PGPM placements for the 2021-22 batch. According to media reports, there was 20% increase in the average CTC which stood at INR 23.6 LPA. During the placement drive, 75 companies recruited 130 participants and 51% of the students were placed in the Consulting companies.

The college released its 2021 placement report for the PGDM batch in a record time of two days, over 75 new recruiters participated in the placement drive, who offered an Average package worth INR. 26.06. LPA. The Highest Salary package stood at INR 46.65 LPA. 26.2% of the batch received salary packages of INR 30 LPA & more than that. Students received 79 pre-placement offers.

During the placement drive, the consulting sector emerged as the top recruiting sector with offers rolled out to 36 per cent of the batch of 233 participants. Some of the top recruiters were- Colgate-Palmolive, Hindustan Unilever, L’Oréal, Marico, Mondelez, Procter & Gamble, Barclays, Citibank, Flipkart, Amazon, Boston Consulting Group, Capgemini ELITE, Mahindra GMC, RPG, and etc.

The institute has also released its autumn summer internship report in which 88 companies participated and the Highest Stipend stood at INR 3.2 Lakhs whereas the Average Stipend stood at INR 2 Lakhs.

The BT-MDRA Best B-School Survey ranking has been released and SPJIMR stood at 5th rank under the category of the Placement Experience.

SP Jain Institute of Management and Research Placements 2022 Report



Particulars Statistics (2021-22)
Number of Students 238
Companies Participated
New Recruiters 75
Number of PPOs/PPIs 123
Highest CTC 53.16 LPA
Average Package 32.06 LPA
Median Package 30.10 LPA
Major Sector Consulting and FMCG 
Top Recruiters Accenture, Deloitte, GEP


In the placement drive of 2022, 238 students registered in the placement drive and in addition to the regular recruiters, 75 first time recruiters participated.

There was 23% increase in the average CTC which stood at INR 32.05 LPA and the median CTC stood at INR 30.10 LPA. The maximum number of students were placed in the Consulting sector and 52% of the batch received Pre-Placement Offers through autumn internships.

SP Jain Institute of Management and Research Placements 2021 Report



Particulars Placement Statistics (2020-21) Placement Statistics (2021-22)
Number of Students 233 238
Companies Participated 131
New Recruiters 75 75
Number of PPOs/PPIs 79 123
Highest CTC INR 46.65 LPA
Average Package INR 26.06 LPA INR 32.05 LPA
Median Package INR 25 LPA INR 30.10 LPA
Major Sector FMCG and E-Commerce Consulting and FMCG 
Top Recruiters Amazon, Accenture Strategy, Axis Bank Accenture, Deloitte, GEP


In the placement drive of 2021, 233 students were recruited by 131 participating companies among which 75 were first time recruiters.

During the placement drive of 2021, the highest CTC stood at INR 46.65 LPA and the average CTC stood at INR 26.06 LPA whereas the median CTC stood at INR 25 LPA.

Maximum number of students were placed in the FMCG sector followed by E-Commerce and some of the top recruiters including Amazon, Accenture Strategy, Axis Bank participated in the placement drive.

SP Jain Institute of Management and Research Placements 2021 Top Recruiters

Huge participation of domestic as well as international companies was seen with a positive mindset and their interaction with students was also tremendous. Major offers were made to students with many improvements as compared to last year.

A total of 75 new recruiters participated in the placement drive. Some of the major recruiters from different sectors are shown below in the tabulated form :



Sectors Companies
Consulting McKinsey & Company, PwC, EY
Finance Goldman Sachs, Citi, American Express
IT/ITES Asian Paints, Hindustan Unilever
E-commerce Flipkart, Uber, Paytm, Amazon, Cloudtail
Marketing and Operations Johnson & Johnson, Pidilite, GM
General Management and Leadership Aditya Birla Group, Tata Administrative Services, Mahindra & Mahindra


SP Jain Institute of Management and Research Placements 2021 FAQs

Q. What was the highest CTC offered during the 2021 placement drive at SPJIMR?

Ans. The highest CTC stood at INR. 46.65 LPA during the 2021 placement drive at SP Jain Institute of Management and Research .

Q. Which sector offered the maximum number of placements in the placement drive of 2021 at SPJIMR?

Ans. For the first time in the history of SP Jain Institute of Management and Research placements, the Consulting sector emerged as the highest recruiting sector indicating that marquee consulting companies like Accenture Strategy, Bain & Co. and Boston Consulting Group are putting more faith in SPJIMR graduates.

Q. Did the institute witness a decline in the PPOs during the 2021 placement drive?

Ans. No, even amidst the pandemic, around 50% of the batch bagged PPO/PPI opportunities through the autumns internship and corporate competitions with leading corporates like Amazon, Boston Consulting Group, Colgate Palmolive, Hindustan Unilever, Procter & Gamble and Tata Administrative Services among others. 

Q. How were the 2021 placements amidst the pandemic?

Ans. Amidst the COVID 19 pandemic, SP Jain Institute of Management and Research witnessed a successful completion of the 2021 Final Placements. The institute concluded its placement drive with a short span of just two days. The average annual salary for Placements 2021 has stood at INR 26.06 LPA, which brought it to a similar league as that of the IIMs.

Yearwise

Year Companies Visited Highest Package Average Package
2022 53.16 LPA 32.06 LPA