SPJIMR Placements 2024: Average Package: INR 33 LPA & Highest Package: INR 81 LPA

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SPJIMR Placements 2024: Average Package: INR 33 LPA & Highest Package: INR 81 LPA

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Written By Epil Gagrai 

SPJIMR Placements 2024 was concluded with 100% placements. SPJIMR highest package stood at INR 81 LPA whereas SPJIMR average package stood at INR 33 LPA. More than 70% of the batch secured offers of INR 30 LPA & 90% of the batch secured offers of INR 25 LPA. Students received 138 pre-placement offers. Offers came from various sectors. Among these, Consulting sector emerged as the top sector with 35% placements. A total of 72 recruiters including 33 new recruiters participated in SPJIMR Placements 2024. Some of the top recruiters included Accenture Strategy, Deloitte, Boston Consulting Group, Nomura etc

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SPJIMR Autumn Internship Placements 2025 recorded 390 offers from 75 recruiters. SPJIMR average stipend stood at INR 3.15 Lakhs. The FMCG sector emerged as the top recruiting sector with 35% of the total offers followed by the Consulting sector with 21% offers.

 

SPJIMR Placements 2024 Report

Particulars Placement Statistics (2024) Placements Statistics (2023)
Number of Recruiters 72 63
New Recruiters 33 33
PPO/PPIs Offered 138 112
Highest Package INR 81 LPA INR 77.8 LPA
Average Package INR 33 LPA INR 33.02 LPA
Median Package INR 31.50 LPA INR 32.89 LPA
Top Recruiters Accenture Strategy, Deloitte, Boston Consulting Group, Nomura etc Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy
  • The participating batch had a total of 292 students & all of them got placed.
  • The highest package increased by about 4.1% as compared to previous year.
  • The average package saw a decline of 0.06% from INR 33.02 LPA to INR 33 LPA.
  • 70% of the total students secured salary package beyond INR 30 LPA.
  • 90% of the batch secured salary package beyond INR 25 LPA.
  • Consulting sector (35%) was the top sector during the 2024 placement drive.
  • There was a spike in the Investment Banking roles from recruiters like Goldman Sachs, Nomura & others.

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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 -
  • The median stipend stood at INR 3.10 Lakhs, which has increased by 3.5% from the previous year. 
  • 35% of the participants were placed in the FMCG sector and 21% in the consulting sector. 
  • Recruiters offered projects in Corporate Strategy, Investment Banking, Private Equity, Product Management, Analytics, E-Commerce, General Management, Corporate Finance, Corporate IT, Healthcare, Sales & Marketing, Branding, Operations, and Supply Chain roles.
  • Investment Banking/Private Equity and Product Management roles saw record increases in offers, rising by over 110% and 400 %, respectively.

    SPJIMR Placements 2023 Sector Wise Analysis

    As per the Information collected by Collegedunia, SPJIMR recorded the highest package at INR 67.50 LPA (Domestic) and INR 77.88 LPA (International). 63 Top Recruiters and 33+ New Recruiters participated in the SPJIMR placement drive of 2023. The following table represents the sector wise analysis for the batch 2023 at SPJIMR:

    Sectors CTC(LPA)
    Consulting / IT Consulting 23 - 45
    General Management 23 - 28
    BFSI, Tech & Pharma 20 - 33
    FMCG 25 - 34
    Product Management 30

    SPJIMR Consulting / IT Consulting Sector Placements 2023

    SPJIMR Consulting / IT Consulting Sector Placements for batch 2023 is tabulated below:

    Company CTC (LPA)
    Accenture Strategy 35 - 45
    Alvarez & Marsal 33
    Bain & Co. 32 - 33
    Boston Consulting Group 35 - 37
    Deloitte 23 - 31
    Ernst & Young 23 - 25
    GEP 24
    Infosys Consulting 24
    Kearney 35
    KPMG 25 - 30
    PwC 24 - 26

    SPJIMR General Management Sector Placements 2023

    SPJIMR General Management Sector Placements for batch 2023 is tabulated below:

    Company CTC (LPA)
    Aditya Birla Group 25
    Capgemini ELITE 23
    Mahindra GMC 26 - 27
    TAS 25 - 28

    SPJIMR BFSI / Tech & Pharma Sector Placements 2023

    SPJIMR BFSI / Tech & Pharma Sector Placements for batch 2023 is tabulated below:

    Company CTC (LPA)
    American Express 28 - 33
    Barclays 30
    Cisco 22
    Edelweiss 26
    Flipkart 25 - 28
    HDFC 22
    MakeMyTrip 20
    Microsoft 32
    PayTM 20

    SPJIMR FMCG Sector Placements 2023

    SPJIMR FMCG Sector Placements for batch 2023 is tabulated below:

    Company CTC (LPA)
    Asian Paints 29
    Castrol 25
    Colgate - Palmolive 34
    General Mills 30+
    Godrej 28 - 32
    Hindustan Coca-Cola Beverages 25
    HUL 34
    ITC 33
    Kimberley Clark 30
    Marico 30
    Mondelez 32
    Nestle 33
    Procter & Gamble 33
    Reckitt 27 - 29

    SPJIMR Product Management Sector Placements 2023

    SPJIMR Product Management Sector Placements for batch 2023 is tabulated below:

    Company CTC (LPA)
    Games 24×7 30
    Samsung Research India 30

    SPJIMR PGDM Placements 2023 Salary Statistics

    The below table represents the salary statistics of SPJIMR Placements 2023:

    Salary Statistics Percentage
    INR 25 LPA & more 92%
    INR 30 LPA & more 70%
    INR 35 LPA & more 35%
    INR 40 LPA & more 6.6%

    SPJIMR PGDM Placements 2023 Sector - Wise

    During SPJIMR Placements 2023, the highest number of placement offers came from the FMCG sector followed by Consulting sector.

    The below table represents the sector - wise top recruiters of SPJIMR Placements 2023:

    Sectors Name of the Recruiters
    FMCG Asian Paints, Castrol, Colgate-Palmolive, Godrej Group, Hindustan Unilever Limited, ITC, L’Oréal, Marico, Mondelez, Nestle, P&G
    Consulting/IT Accenture Strategy, Boston Consulting Group, Deloitte, GEP Worldwide, Kearney, KPMG, Praxis Global Alliance and PwC US Advisory 
    BFSI, Tech and Pharma American Express, Barclays, Cisco, Dr. Reddy’s Laboratories, Haleon, Edelweiss, Flipkart, MakeMyTrip, PayTM, ServiceNow
    Product Management BookMyShow, Cisco, Games 24×7, MakeMyTrip, PayTM, Play Simple Games, Samsung Research India, Bangalore, ServiceNow, Tata Digital

    SPJIMR Placements 2023 Course - Wise

    The below table 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 -

    SPJIMR Placements Year - Wise Trends

    The below table 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

    During SPJIMR Placements 2022, the number of recruiters declined as compared to the previous year. The highest package increased from INR 46.65 LPA to INR 53.16 LPA in 2022. The average package increased from INR 26.06 LPA to INR 32.06 LPA in 2022. 

    SPJIMR Placements 2023 Top Recruiters

    Capgemini E.L.I.T.E. PayTM BookMyShow Hindustan Unilever Limited
    Aditya Birla Group Deloitte Accenture Strategy Cisco
    Asian Paints ITC GEP Worldwide Godrej Group
    Mondelez L’Oréal Boston Consulting Group Tata Digital
    P&G KPMG Colgate-Palmolive Mahindra GMC

    SP Jain Institute of Management and Research Placements Analysis

    As per the data collected by Collegedunia, the following table represents the placement statistics that have been observed up till now:

    Particulars Placement Statistics
    No. of Recruiters 50
    Highest Package INR. 35-40 LPA
    Top Recruiters Ecommerce: Amazon, Flipkart, Uber
    Finance: Goldman Sachs, HDFC Bank, American Express
    Consulting: BCG, Bain & Co, EY
    General Management: ABG, TAS, Mahindra GMC
    Sales & Management: HUL, P&G, ITC
    IT & Others: Microsoft, Samsung, BYJUs

    The following graph represents the sector-wise placement statistics:

    SP Jain Institute of Management and Research Ecommerce Sector Placements

    The following table represents the Recruiter-wise Placement Statistics:

    Company Role Salary (INR. in LPA) No. of students
    Amazon Product, Program, Ops, BD 35-40 13-15
    Flipkart Management Trainee 25-30 3-4
    Uber Ops, Logisticd 25-30 5 in 2019
    OLA Program , Strategy 25-30 3-4
    Swiggy Ops 20-25 2-3
    Makemytrip Product 16-18 3-4
    Cloudtail Vendor Management 35-36 4-5
    Grofers MT - 2-3
    Ninjacart Program Manager 17-20 2-3

    Under the E-commerce sector, the highest package ranged between INR. 35-40 LPA offered by Amazon.

    SP Jain Institute of Management and Research Finance Sector Placements

    The following table represents the Recruiter-wise Placement Statistics:

    Company Role Salary (INR. in LPA)
    Goldman Sachs IB, Securities 25-30
    Nomura IB 20-25
    Bank Of America Markets 25-30
    Sabre Capital IB -
    ICICI Bank Corp Banking 16-20
    HDFC Bank Corp Banking 15-20
    American Express Analyst 22

    Under the Finance sector, the highest CTC ranged between INR. 25-30 LPA offered by Goldman Sachs and Bank of America and American Express recruited 2-3 Students.

    SP Jain Institute of Management and Research Consulting Placements 

    The following table represents the Recruiter-wise Placement Statistics:

    Company Role Salary (INR. in LPA)
    BCG Strategy / Consulting 28-29
    Bain & Co Strategy / Consulting 27-28
    A&M Strategy / Consulting 24-25
    Accenture Strategy Strategy / Consulting 30-32
    Deloitte Strategy / Consulting 20-24
    GEP Worldwide Strategy / Consulting 20-25
    PwC Strategy / Consulting 22-23
    KPMG Strategy / Consulting 20-22
    IBM Strategy / Consulting 17-19
    EY Strategy / Consulting 19-20

    Under the Consulting sector, the highest CTC ranged between INR. 30-32 LPA offered by Accenture Strategy

    SP Jain Institute of Management and Research General Management Sector Placements 

    The following table represents the Recruiter-wise Placement Statistics:

    Company Role Salary (INR. in LPA)
    ABG Leadership Associate 25
    TAS TAS Manager 24-25
    Mahindra GMC GMC Trainee 26-27
    Airtel Management Trainee 22-23
    Adani Group Management Trainee 22-23
    Capgemini ELITE ELITE 19-20

    Under the General Management sector, the highest CTC ranged between INR. 26-27 LPA offered by Mahindra GMC.

    SP Jain Institute of Management and Research Sales & Management Placements

    The following table represents the Recruiter-wise Placement Statistics:

    Company Role Salary (INR. in LPA)
    HUL S&M 26-27
    P&G S&M 26-27
    J&J S&M 21-22
    ITC S&M 24
    Marico S&M 23-24
    Nestle S&M 22-24
    Mondelez S&M 22-23
    Asian Paints S&M 22
    Colgate Palmolive S&M 26-27
    Nivea S&M 17-20
    RB S&M 24-25

    Under the Sales & Management sector, the highest CTC ranged between INR. 26-27 LPA offered by HUL, P&G, and Colgate Palmolive.

    SP Jain Institute of Management and Research IT & Other Sector Placements

     The following table represents the Recruiter-wise Placement Statistics:

    Company Role Salary (INR. in LPA) No. of students
    Microsoft GSMO 30-32 2-3
    Media.net Product 22 1-2
    Intuit Product - 1-2
    Cisco Product 20-24 2-3
    Samsung Product 22 2-3
    Freshworks Management Trainee 20-23 5-6
    Byju's Strategy, Product 25-28 1-2

    SPJIMR Alumni Network

    Name of Organizations Number of Alumni
    Larsen & Toubro 385
    Accenture 339
    Amazon 309
    Deloitte 206
    Tata Consultancy Services 156
    EY 130
    Cognizant 109
    Google 100
    Unilever 98
    Procter & Gamble 97
    PwC 96
    Microsoft 78
    Flipkart 73
    Boston Conculting Group 70
    Medtronic 64

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SPJIMR Placements FAQs

Ques. How many recruiters participated in SPJIMR Placements 2023?

Ans. 63 recruiters participated in SPJIMR Placements 2023.

Ques. How many new recruiters participated in SPJIMR Placements 2023?

Ans. 33 new recruiters participated in SPJIMR Placements 2023.

Ques. How many PPOs were received during SPJIMR Placements 2023?

Ans. Students received 112 PPOs during SPJIMR Placements 2023.

Ques. How was PGDM Placements at SPJIMR?

Ans. During SPJIMR PGDM Placements 2023, 63 recruiters participated. Some of the top recruiters included Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy etc. The participating batch received 112 PPOs. The highest package stood at INR 77.8 LPA & the average package stood at INR 33.02 LPA.  

Ques. How was PGPM Placements at SPJIMR?

Ans. During SPJIMR PGPM Placements 2022, the average package stood at INR 25.89 LPA. Consulting sector emerged as the top recruiting sector with 44% offers. 73 recruiters participated in the placement drive. Some of the top recruiters included Accenture, Axis Bank, Ernst & Young, Cognizant etc. 

Ques. What was the highest package? offered during SPJIMR Placements 2023?

Ans. The highest package offered was INR 77.8 LPA during SPJIMR Placements 2023.

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SP Jain (SPJIMR) Highest and Average Package

Highest PackageAverage Package
81 L
33 L
016.2 Lakhs32.4 Lakhs48.6 Lakhs64.8 Lakhs81.0 Lakhs

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Why To Join SP Jain (SPJIMR) - Reviews & Rating

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Debraj Mitra
4.5Helpful
PGDM, Operation
Reviewed on May 24, 2023(Enrolled 2022)

Placement Experience:

We have our Internship placements after our Core Term is over, which is term 4. It happens around the time of July, which is almost a year after students have joined the campus. Final placements happen in early January.

...Read More
SRIHARSHA KAKURU
5.0Helpful
PGDM, Marketing
Reviewed on Jan 28, 2022(Enrolled 2021)

Placement Experience:

SPJIMR is one of the only colleges to offer Autumn internships instead of Summer. This happens right after Trimester 4 and quite a lot of well-known companies including Accenture, Mahindra, ITC, and P&G visit us for placements. 100% of the students get placed. I plan to appear for placements in a renowned FMCG company as well

...Read More
Nidhi Mitra
4.5Helpful
PGDM, Finance
Reviewed on Jan 21, 2022(Enrolled 2021)

Placement Experience:

Placements season starts from 2nd year, various companies visit campus and offer varied profile roles. The package starts from 10 lacs and goes on till 20 depending on the company. 100% students are placed every year, companies like JP MORGAN, ITC, HUL, etc visit campus

...Read More
Haren Joshi
4.5Helpful
PGDM, Marketing
Reviewed on Jan 21, 2022(Enrolled 2021)

Placement Experience:

Placements are top notch! The highest ctc is around 47-48 lakh Rupees and the average ctc is also a very good figure of around Rs 26.5 lakh Rs per annum. Top recruiters are from fmcg giants, IT sector, BFSI's, Consulting firms, etc.

...Read More
VIJAY SHANKAR
4.4Helpful
PGDM, Marketing
Reviewed on Jan 20, 2022(Enrolled 2021)

Placement Experience:

Securing 100% placement, SPJIMR had some of its best placements the previous year. The consulting industry came out on top, with the highest CTC of Rs.46.45 LPA. Accenture Strategy, Bain & Co., Boston Consulting Group.

...Read More
Rajinder Singh
4.5Helpful
EPGP, General
Reviewed on Jan 19, 2022(Enrolled 2021)

Placement Experience:

The placement infrastructure is excellent, with numerous firms including as ABC, Microsoft, Google, Flipkart, Wipro, TCS, and others visiting campuses. INR 47.00 lakhs is the highest yearly pay, while INR 27 lakhs is the average ctc.

...Read More
Anindya Mukherjee
4.3
PGDM, Information Management
Reviewed on Jun 23, 2021(Enrolled 2019)

Placement Experience:

Awesome placement opportunities here, being a top-10 B-school helps as well as being situated at Mumbai, the financial hub of the country. A few names of companies I have mentioned earlier, detailed placement stats available online everywhere. The highest package goes above 40 LPA while the minimum hovers around 16-18 LPA, and the average goes around 25-26 LPA. The profiles vary from consulting, FMCG roles, IT, product management, etc. The entire batch got placed as it happens each year. My plans – leveraging the learnings I have gained and apply them real-time in practical business use cases to help my organization.

...Read More
Karan Darshan Shah
5.0Helpful
Full time PGDM/MBA
Reviewed on Jun 10, 2021(Enrolled 2019)

Placement Experience:

Placements are excellent. The average and median package for the 2021 batch was above 25lpa. Job opportuities are available in varied sectors like Consulting, Marketing, E-commerce, FMCG, IT Consulting, Finance, Banking etc

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Saumya Duggal
4.9Helpful
PGDM, Marketing
Reviewed on Apr 1, 2021(Enrolled 2018)

Placement Experience:

The average placement stands around Rs 27 lakhs. The median placement stands around Rs 25 lakhs. The highest package offered is Rs 51 lakhs(approx). 100% of students are placed. 135 recruiters participated in the process few of which include Adani, P&G, Amazon, Google, Microsoft, LG etc.

...Read More
Shivam Shukla
Shivam Shukla
5.0Helpful
PGDM, Marketing
Reviewed on Mar 31, 2021(Enrolled 2018)

Placement Experience:

Key recruiters include Airtel, Reliance Jio, Adani, Aditya Birla, Axis Capital, ICICI Bank, Nestle, L'oreal, HUL, Google etc. The highest package offered is Rs 59.12 lakhs. The average package is Rs 25 lakhs approximately. The median salary remains around Rs 27 lakhs.132 companies visited the campus for recruitment and the entire batch got placed.

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SP Jain (SPJIMR): 24 Answered Questions

How honest are the non-IIM MBA colleges (SPJIMR, NMIMS, SIBM, XLRI) when they say their average package is 12-15L?

Falguni GuptaMBA Supply Chain Management & Strategy and Management Consulting, S. P. Jain Institute of Management and Research

SPJIMER, SIBM, and XLRI placement reports are pretty accurate. Rather than the typical average/median CTC method,  SPJIMER publishes its placement report in IPRS format. Every figure mentioned in the placement report is true to the 2nd decimal point. 

XLRI and SIBM also keep the placement report transparent. SIBM gets its placement audited regularly. As per the 2022 placement highlights, the average CTC for SPJIMER, SIBM, and XLRI were INR 23.6 LPA, INR 23.06 LPA, and INR 30.73 LPA respectively. 

NMIMS inflates the report. The numbers are quite high. 

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How much do the top B-schools like the IIMs FMS, MDI, XLRI, SP JAIN, JBIMS, IIFT, and NITIE inflate their placement reports?

Ahana Bhaduri
Hardik PandyaMBA Finance, Indian Institute of Foreign Trade, Delhi (2016)

In the placement process, it is not always the B-Schools that are responsible for reporting inflated packages, but rather the companies. The figure reported by placement cells is referred to as the "Cost to Company" (CTC) and not the take-home salary. This means that simply dividing the CTC by 12 is not an accurate reflection of what you will receive in your bank account each month.

CTC consists of two main components: fixed and variable. The fixed component includes your basic salary, HRA, TA, LTA, employer's contribution to the provident fund, joining bonus, retention bonuses, and ESOPs. The variable component is based on both your performance and the company's performance and is paid out in lump sums either yearly or half-yearly.

Your take-home salary at the end of each month is calculated as basic salary + HRA + TA + other allowances - provident fund deduction - tax. The remaining amount is given to you at the end of the year. To illustrate how companies may inflate their CTC figures, here are a few examples:

  • Amazon:

Fixed component: 9 lakhs

Year 1 end retention bonus: 2 lakhs

Year 2 end retention bonus: 1.5 lakhs

ESOP: 5 lakhs to be paid over 3 years

Performance bonus: separate/not reported CTC: 17.5 lakhs

Take-home salary: 65-70k

  • Goldman Sachs:

Fixed component + Variable component: 14.5 lakhs

Relocation: 2,00,000 INR (one-time payment)

Supplemental Salary: 3,50,000 INR (supplemental salary is an accrued bonus paid out in monthly installments pro-rated from the date of joining, only applicable during the first year of joining)

CTC: 20 lakhs

Take-home salary: 95-98k

  • RBS India Development Center (Royal Bank of Scotland back-end):

Fixed component: 9 lakhs

Variable component: 10-20% of a fixed component

CTC: 10.8 lakhs

Take-home salary: 65-68k

As seen from the examples, despite Amazon having a CTC that is double that of RBS IDC, their take-home salary is the same. This is the typical way it works. The placement teams likely do not have much control over the process.

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How is SPJIMR's placement report better than IIMs including IIM Calcutta and as good as IIM Ahmedabad (both Average and Median)?

Advait JoshiLives in Mumbai, Maharashtra, India

Here are a few possible reasons why SPJIMR placements are better than or equally good as IIMs 

  • SPJIMR has a much smaller batch size in comparison to IIMs and thus the average rises.
  • SPJIMR has a very rigorous selection process that filters the best students and the recruiters are well aware of this.
  • SPJIMR enjoys a great location maximizing the exposure and opportunities rendered to the students. 
  • The students perform exceptionally well in the placement interviews and thus secure high packages.

 It's important to note that these reasons are just based on speculations and it cannot be exactly determined why some placements are better than others.

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Which one is better: IIFT Delhi, JBIMS or SP Jain (Marketing) if I was looking for good placements and brand and I have converted all three?

Shaunak AcharyaMBA from Faculty of Management Studies, University of Delhi

To choose a college that is perfect for you, one needs to ponder various questions repeatedly. These questions will help you get a clear idea about what you want from MBA and which college will help you achieve that.

  • Which area do you want to specialize in?
  • Are you included towards functional level clarity (Operations, Finance, Marketing, Tech) or granular level clarity (FMCG marketing/Digital e-commerce marketing/Sales or Product Management/Project Management or General Management)

If the answer to it is yes, then analyze the reports of these institutes to find where each one of them stands. Looking at average CTC is not the right way and is in fact misleading.

Other things you should consider before choosing a B School are

  • The admission procedure and the level of difficulty of entrance exams if these colleges 
  • The practicality and relevance of the curriculum as per the recent industrial trends
  • The profiles of your batchmates and their diversity The size and brand of the alumni base and the opportunities you will be availing through them
  • The importance of overall personality grooming

One thing you should keep in mind is that brands are just a stepping stone in your career journey and not the main factor. These institutes have been able to establish the brand name mainly because of where their alumni have reached now. So brands are helpful in the short run only.


 

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How are SPJIMR operations compared to NITIE operations in terms of placements, alumni, and teaching?

Trisha SomwanshiStudied at SPJIMR

When it comes to operations, NITIE is unbeatable compared to SPJAIN for at least the next ten years, and the same is true for finance and marketing, as NITIE cannot beat SPJIMR for the next decade. Here are some reasons to consider:

  • Placements: If you're an operations graduate, NITIE has every recruiter you could possibly want, giving you more options to select the profile you want. Additionally, the average package is higher in SPJMIR, but that's due to factors such as batch strength with no reservation and the ability of private institutes to do more than government institutes. Overall, NITIE is the best choice for placement based on operations. 
  • Alumni: NITIE has a legacy of producing excellent graduates, and you'll find NITIE alumni at virtually every company. 
  • Teaching: SPJIMR has better professors for general courses, but NITIE has exceptional professors for operations elective courses. Ultimately, both are equivalent, and it comes down to how many case studies you complete. 
  • Diversity: NITIE only has engineers, while SPJIMR has a more vibrant crowd. Therefore, SPJIMR has the advantage in this area. 
  • ROI: Return on investment is the most important criterion when choosing a college. NITIE has the best ROI after FMS, making it an obvious choice. Big loans can drag down your package by 5-6 L a year, which is not worth it. 
  • Campus life: While my knowledge about this factor is limited, I have heard that SPJIMR doesn't have a proper campus and shares it with other colleges. NITIE has a larger and better campus, especially for nightlife. 

Overall, NITIE is a much better option than SPJIMR for operations and as a college in general. While SPJIMR has excellent marketing strategies, factors such as GFT and Rural internships are just gimmicks to bring the college into the top 10. Additionally, SPJIMR began inflating their placement reports due to institutes like MDI doing the same. It's essential to check the data for yourself and not settle for others' beliefs, as everyone has their own. NITIE is relatively unknown due to being a government institute that cannot advertise like SPJIMR or MDI. Additionally, the operation is not as prestigious a stream as finance and marketing in the corporate world, giving NITIE a bad reputation. However, NITIE is the clear choice for operations, and you should do your research and make an informed decision.

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How is PGPM in Information Management from SPJIMR, in terms of placements and kind of roles offered?

Pranjal TiwariPGDM (Executive) in Information Management, S. P. Jain Institute of Management and Research (SPJIMR)

Completing a specialization in a particular field can present many exciting career opportunities for a candidate. In the case of Information Technology, there are several career tracks that an individual can pursue. These include roles in Corporate IT, Consulting, Digital Businesses, Analytics, and IT Services and Products Management.

Each of these roles is at a mid to senior leadership level and is highly sought after by multinational corporations. These companies typically offer attractive compensation packages, including competitive salaries and benefits.

It is also worth mentioning that the institution offering the specialization program, in this case, SPJIMR, is among the very few that undergo a CRISIL audit. This level of scrutiny provides assurance to potential employers and highlights the high-quality education and training received by the candidate. The CRISIL audited report can be accessed on the SPJIMR website for those who are interested in learning more.

In conclusion, pursuing a specialization in Information Technology opens the door to many rewarding and lucrative career opportunities. With the right education, training, and experience, an individual can build a successful career in the dynamic and fast-paced world of technology.

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Which is a better college between IIFT/SP Jain/XLRI and FMS in terms of placements and students?

Supriya Sarkar
Abhinav Joshilives in Mumbai, Maharashtra, India

IIFT, SP Jain, XLRI, and FMS all four institutes are reputed and counted among the top B-Schools in India. For these institutes, your preference order should be as follows.

FMS>IIFT>XLRI>SP Jain

This ranking is based on different parameters such as academics, placements, ranking, faculties, student crowd, etc. FMS offers the best ROI. According to the recent placement highlights, the average CTC for the institute is INR 32.4 LPA. While FMS Delhi fees are around INR 1.92 Lakhs.  

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How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?

Saransh ShahMBA Finance, S. P. Jain Institute of Management and Research (2020)

While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.

  • The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
  • You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
  • But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
  • Performing well in the competitions conducted by your desired company is another way to get a high-paying job. 
  • If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.

These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.

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Is an MBA from JBIMS better than SP Jain from a placement point of view?

Zemima Khan
Anubhuti ShekharM.M.S. from Jamnalal Bajaj Institute of Management Studies (Graduated 2014)

From the point of view of batch strength, JBIMS has a smaller batch size of 120 students, while SP Jain has a larger batch size of 300 students. The list of companies visiting both campuses is similar, but due to the smaller batch size at JBIMS, the options available per student are higher, resulting in better placement opportunities.

In terms of cost, JBIMS has a lower fee structure of approximately 1 lakh per year, while the fees at SP Jain can reach 10 lakhs per year when including all expenses. This results in a higher return on investment for JBIMS.

In terms of the quality of education, both colleges are equally good, but it is important not to only consider the quality of education when making a decision. Networking opportunities should also be taken into consideration, and JBIMS offers strong networking opportunities due to its strong alumni base.

In conclusion, both colleges offer great placement opportunities and it is up to personal preference and individual circumstances to determine the best option.

JBIMS saw a significant increase in average salary in 2022, rising over 20% to INR 27.63 LPA. The median CTC was INR 26.48 LPA, and the highest salary offered was INR 42 LPA. Consulting firms were a major presence during the placement drive, with companies such as Deloitte, EY, PwC, Accenture, Infosys, and KPMG among the top recruiters.

During the SPJIMR Placements 2022 Report, 75 recruiters visited the campus, with top companies including Accenture, Aditya Birla Capital, Amazon, and American Express. PGDM students received 123 PPOs/PPIs, with the highest salary offered at INR 53.16 LPA and an average salary of INR 32.06 LPA.

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How is the PGDM marketing program at SPJIMR? Also, can you shed light on the placement scenario as well?

Vishal JhaStudied at Indian Institute of Management, Ahmedabad

The SPJIMR PGDM Marketing program is similar to top B Schools like IIM ABC. The key highlights of the same program are listed below. Please note these are not generic and are specifically related to the Marketing program.

Curriculum: The curriculum is almost exactly what is taught at elite B Schools. The relevancy of the curriculum is maintained through unique programs like GFT wherein a 3-week immersion at some of the finest universities of the USA takes place. A very interesting program called ‘A day in the life of a Salesman’ is a much talked about program at SPJIMR. In this, you will get to shadow a salesman from a reputed FMCG company so that you understand the techniques of sales and distribution.

Pedagogy: The pedagogy adopted is usually a case-based approach. Mostly Harvard cases are used to strike discussions in the classrooms. Additionally, live projects are conducted by various visiting companies. Such initiatives help formulate an effective pedagogy.

Faculty: The faculty is a great combination of professors with theoretical knowledge and industry experts. All are highly competent in their respective fields.

Batch: The diversity of the batch can be looked up on the official website by checking the profiles of the Marketing batch specifically. Usually, the crowd is diverse and has an overall good profile.

Placements: The placement statistics can be checked on the official website. The figures are inflated but can be used for comparison purposes only. The table below includes the key highlights of SPJIMR placements 2023

Particulars 

Statistics 

Highest salary 

INR 77.8 LPA

Average salary

INR 33.02 LPA

Top Recruiters 

Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy

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View All Questions and Answers

SP Jain (SPJIMR) Alumni Distribution by Sector

Business Development 25%
Operations 14%
Sales 11%
Consulting 8%
Marketing 7%

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Frequently Visited Companies

Companies
Aditya Birla GroupBain & Company India Private LimitedCiscoFlipkart
IBMJohnson & JohnsonMahindra & MahindraBarclays Bank
DeloitteGoldman SachsITCSamsung
Tata SteelAmerican ExpressCiti BankHindustan Unilever Limited
PhilipsKPMGMakeMyTrip India Pvt. Ltd.Capgemini
Godrej & BoyceGlaxo Smithkline Consumer Ltd (GSK)Pidilite IndustriesNestle India

Do you think the placement data is wrong ?  Report Here

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SP Jain (SPJIMR) Latest News


PGDM (BM) Programme at SPJIMR

Written ByCollegedunia Teamon Nov 11, 2024
PGDM (BM) Programme at SPJIMR

Placement Highlights of SPJIMR

Written ByCollegedunia Teamon Nov 5, 2024
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