IIT Bombay MBA Placements 2024 is concluded with 100% placements. IIT Bombay MBA average package stood at INR 28.01 LPA whereas IIT Bombay MBA highest package stood at INR 72 LPA. Students received 47% pre-placement offers. The highest number of students were placed in the BFSI & Conglomerate sector (23%) followed by the Consulting sector (19%). Recruiters like JP Morgan Chase & Co, ICICI Bank, Kearney, Deloitte, Accenture Strategy, Flipkart etc participated in SJMSOM Placements 2024.
IIT Bombay MBA Summer Internship Report for the batch of 2023-25 has been released. The highest stipend stood at INR 5 Lakhs while the Average Stipend was recorded at INR 2.92 Lakhs for a period of 2-months. ICICI Bank, JP Morgan Chase & Co., Deloitte, Wipro, Flipkart etc were some of the Top Recruiters during the Placement Drive.
Table of Content
Particulars | Placements Statistics (2024) | Placements Statistics (2023) |
---|---|---|
Placement rate | 100% | 100% |
Highest Package | INR 72 LPA | INR 54 LPA |
Average Package | INR 28.01 LPA | INR 28.88 LPA |
Average Package (Female Students) | INR 29.31 LPA | INR 29.35 LPA |
Average Package (PPO) | INR 29.97 LPA | INR 30.35 LPA |
Top 25 Percentile Average Package | INR 38.29 LPA | INR 40.80 LPA |
Top 50 Percentile Average Package | INR 33.82 LPA | INR 34.58 LPA |
Top 75 Percentile Average Package | INR 30.71 LPA | INR 31.41 LPA |
Median Package | INR 26.73 LPA | INR 26.64 LPA |
Top Recruiting Sector | BFSI & Conglomerate | FMCG / FMCD |
Top recruiters | JP Morgan Chase & Co, ICICI Bank, Kearney, Deloitte, Accenture Strategy, Flipkart | Accenture, EXL, Amazon, ITC,Google, JIO, Wipro, Marico, HCLTech and TCS |
IIT Bombay MBA average package decreased from INR 28.88 LPA to INR 28.01 LPA. The below table will show you the average package trend of SJMSOM IIT Bombay:
Placement Year | IIT Bombay MBA Average Package |
---|---|
2024 | INR 28.01 LPA |
2023 | INR 28.88 LPA |
2022 | INR 25.9 LPA |
2021 | INR 21.96 LPA |
2020 | INR 20.98 LPA |
2019 | INR 20.80 LPA |
IIT Bombay MBA highest package increased from INR 54 LPA to INR 72 LPA. The below table will show you the highest package trend of SJMSOM IIT Bombay:
Placement Year | IIT Bombay MBA Highest Package |
---|---|
2024 | INR 72 LPA |
2023 | INR 54 LPA |
2022 | INR 49 LPA |
2021 | INR 32.80 LPA |
2020 | INR 32.80 LPA |
2019 | INR 32.40 LPA |
The below table represents the sector-wise statistics of SJMSOM Placements 2024:
Sector | Students Split | Company Split |
---|---|---|
BFSI & Conglomerate | 23% | 19% |
Consulting | 19% | 12% |
FMCG / FMCD | 19% | 19% |
IT & E-Commerce | 18% | 23% |
Pharma & Others | 21% | 27% |
As per the Information collected by Collegedunia, 29 companies made Job offers at SJMSOM IIT Bombay: The following table represents the sector wise analysis for the batch 2023 at SJMSOM IIT Bombay:
Sectors | CTC Range |
---|---|
BFSI | 22 - 30 |
Consulting | 22 - 45 |
IT / E-Commerce | 20 - 51 |
FMCG / FMCD | 18 - 33 |
Conglomerate & Others | 20 - 29 |
SJMSOM IIT Bombay BFSI Sector Placements for batch 2023 is tabulated below:
Company | CTC (LPA) |
---|---|
JP Morgan Chase & Co. | 26 - 30 |
Nomura | 22 |
Yes Bank | 23 |
SJMSOM IIT Bombay Consulting Sector Placements for batch 2023 is tabulated below:
Company | CTC (LPA) |
---|---|
Accenture Strategy | 35 - 45 |
Deloitte USI | 24 - 30 |
GEP | 23 - 25 |
IBM Consulting | 30 |
PwC US Advisory | 22 - 25 |
Quintics | 30 - 32 |
SJMSOM IIT Bombay IT / E-Commerce Sector Placements for batch 2023 is tabulated below:
Company | CTC (LPA) |
---|---|
Accenture | 23 - 32 |
Amazon | 48 - 51 |
EXL Analytics | 28 |
Wipro | 20 |
SJMSOM IIT Bombay FMCG / FMCD Sector Placements for batch 2023 is tabulated below:
Company | CTC (LPA) |
---|---|
Asian Paints | 29 |
Colgate Palmolive | 32 - 33 |
Diageo | 24 |
ITC | 32 - 33 |
Kimberly Clark | 29.5 |
Marico | 29 |
Mondel?z International | 31 |
P&G | 33 |
Reckitt | 25 - 30 |
Tata Consumer Products | 18 - 20 |
SJMSOM IIT Bombay Conglomerate & Others Sector Placements for batch 2023 is tabulated below:
Company | CTC (LPA) |
---|---|
Adani Group | 23 |
Cargill | 25.4 |
Games 24x7 | 27 - 29 |
Reliance | 24 |
Sun Pharma | 20 |
Particulars | Internship Statistics (2025) | Internship Statistics (2024) |
---|---|---|
Number of Recruiters | 45 | 38 |
Number of New Recruiters | 36% | 32% |
Number of Students | 116 | 113 |
Highest Stipend | INR 5 Lakhs | INR 4.40 Lakhs |
Average Stipend | INR 2.92 Lakhs | INR 3.03 Lakhs |
Median Stipend | INR 3 Lakhs | INR 3 Lakhs |
Major Sector | FMCG / FMCD | FMCG / FMCD & Manufacturing |
Top Recruiters | ICICI Bank, JP Morgan Chase & Co., Deloitte, Wipro, Flipkart | Accenture, Deloitte, Asian Paints, P&G, Google |
Sector | Company Split | Student Split |
---|---|---|
FMCG / FMCD & Manufacturing | 22% | 24% |
Consulting & IT/ITes | 22% | 24% |
BFSI | 15% | 16% |
Ecommerce & Healthcare | 15 | 16% |
Conglomerate & Others | 26% | 24% |
Name of Organizations | Number of Alumni |
---|---|
Accenture | 82 |
Procter & Gamble | 52 |
Deloitte | 44 |
Amazon | 41 |
ICICI Bank | 37 |
Asian Paints | 37 |
Wipro | 33 |
Tata Consultancy Services | 31 |
EY | 29 |
IIT Bombay - SJMSOM | 29 |
YES Bank | 29 |
Capgemini | 27 |
Flipkart | 26 |
IBM | 24 |
GEP Worldwide | 23 |
Ques. Are international placements available at SJMSOM?
Ans. Yes, SJMSOM provides opportunities for international placements. Several multinational companies participate in the placement process, offering roles both in India and abroad. Students can explore international job opportunities based on their interests and preferences.
Ques. How does SJMSOM ensure industry relevance in its placements?
Ans. SJMSOM maintains close ties with the industry through collaborations, industry visits, guest lectures, and internships. The curriculum is regularly updated to align with industry requirements, ensuring that students develop the necessary skills and knowledge sought by employers. This industry relevance plays a significant role in the success of placements.
Ques. Can students pursue dual placements or internships in different sectors?
Ans. SJMSOM allows students to pursue dual placements or internships in different sectors. It provides flexibility for students to explore their interests and career options. The institute supports students in securing multiple offers, provided they meet the respective company's selection criteria.
Ques. What is the role of the placement cell at SJMSOM?
Ans. The placement cell at SJMSOM acts as a bridge between the students and the recruiters. It facilitates the entire placement process, from inviting companies to campus, organizing pre-placement talks, coordinating interviews, and assisting in final placements. The placement cell works closely with students to understand their career aspirations and guide them throughout the process.
Ques. Can students participate in off-campus placements?
Ans. Yes, SJMSOM allows students to participate in off-campus placements. While the institute facilitates on-campus placements with a wide range of recruiters, students also have the freedom to explore opportunities outside the campus placement process. The placement cell provides support and guidance to students interested in off-campus placements.
Ques. What steps does SJMSOM take to ensure equal placement opportunities for all students?
Ans. SJMSOM maintains a fair and transparent placement process to provide equal opportunities to all students. The placement cell ensures that all students have access to information and opportunities. The institute also conducts skill-building workshops and mock interviews to equip students with the necessary tools to succeed in the placement process.
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The placement team is responsible to bring companies on campus and students are given chance to apply to the companies of their choice. More than 20 companies have visited and more than 120 offers were made.
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In the initial months of the 1st semester, we go through the summer placement process where 100% batch gets placed within a few days and the average stipend for this batch was 3.03 Lakh. The special thing about SJMSOM is that 50-60% of the batch gets PPO from the summer internships itself and thus for the finals only half of the batch competes among each other. The average package for the Final Placement is 28.88 LPA and the highest package is 54 LPA with 100% placement. Almost all top companies from FMCG to Investment Banking participate in the placement process and there are ample opportunities for the students to get their dream roles.
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Students are eligible for campus placements from the first semester itself. The companies visiting include all top FMCG companies like HUL, ITC, Asian Paints and more. There are placements in finance and marketing including general management too. All of the batches were placed and 113 offers were made during the placement process itself and there are no exceptions who were placed late. My plans after getting this degree are to learn in a dynamic role and grow horizontally before making a name for myself in the SC role at a decision-making level in the long term future.
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Students are eligible starting from the 1st semester itself. The highest package offered is 50 Lakhs and the Average is 28.88 Lakhs. The record of placements in the college is 100%. To work in a renowned organization in the desired role and learn all the managerial aspects in the initial phase of my career.
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Students have a Summer Placement and a Final Placement. 100% of students get placed. Summer Placements are conducted for First Year students and Final Placements are conducted for Second Year Students.
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Campus placements happen in around December for final-year students. 100% placements were observed. The highest CTC for the class of 2023 was 54 LPA, whereas the average CTC stood at 28.88 LPA. Diverse profiles were offered.
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Campus placements offered the highest package offered. This year was 54 lakhs per annum and the average package offered is 28 lakhs per annum. 100% placement record is maintained by the College and students get Placement in their preferred role.
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Placements Majorly for summer placements operations related companies come for recruitment like Asian Paints, Amazon, Mondelez, P&G, Marico, Adani Wilmar, Kimberly Klark, etc, JPMC comes for finance roles. Roles for final placements are an Operations manager, general manager, etc. Students are eligible for final placements in 3rd semester. 100% of Students get placed. The highest CTC is 54 LPA and the average is 28.88 LPA.
The college's placement cell works exceedingly hard and establishes new milestones for campus placements with each passing year. In 2021, 108 students were placed in various firms, with the highest CTC being 32.80 lacs. There are 100% placements, and they are competitive with those offered by India's leading business schools. Following graduation, I intend to work in an SCM role for an FMCG company.
Students are offered summer placements during the first semester and consists of a host of well reknowned companies the information for which is available on the official handles of college on social media platforms and also the website. The college has a legacy of 100% placements. The details of the highest and median packages can be accessed on social media handles and the website
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Companies | |||
---|---|---|---|
Amazon | Avery Dennison | Bank of America | Cisco |
Dell | Ernst & Young | Flipkart | IBM |
Indian Oil Corporation Ltd (IOCL) | Infosys | Johnson & Johnson | SAP |
Tata Motors | Accenture | Barclays Bank | Boston Analytics |
Deloitte | Fidelity | Goldman Sachs | |
HDFC Bank | JP Morgan | Kotak Group | Samsung |
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