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SJMSOM Placements 2024: Average Package: INR 28.01 LPA & Highest Package: INR 72 LPA

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SJMSOM Placements 2024: Average Package: INR 28.01 LPA & Highest Package: INR 72 LPA

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Written By Mansi Jain 

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.

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IIT Bombay MBA Placements 2024 Report

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 2024

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 2024

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

IIT Bombay MBA Placements 2024 Sector - Wise

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%

IIT Bombay MBA Placements 2024 Top Recruiters

IIT Bombay MBA Top Recruiters

IIT Bombay MBA Placements 2023 Sector Wise Analysis

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

IIT Bombay MBA BFSI Sector Placements 2023

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

IIT Bombay MBA Consulting Sector Placements 2023

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

IIT Bombay MBA IT / E-Commerce Sector Placements 2023

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

IIT Bombay MBA FMCG / FMCD Sector Placements 2023

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

IIT Bombay MBA Conglomerate & Others Sector Placements 2023

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

IIT Bombay MBA Summer Internship Placements 2025 Report

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
  • Median Stipend for the Top 25 percentile stood at INR 4.5 Lakhs. For Top 50 percentile and Top 75 percentile, the Median Stipend was recorded at INR 3.5 Lakhs and INR 3.2 Lakhs respectively.
  • Average Stipend for the Female Students stood at INR 3.27 Lakhs.
  • 28% of the batch received offers above INR 3.5 Lakhs.

IIT Bombay MBA Summer Internship Placements 2025 Sector - Wise

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%

IIT Bombay MBA Summer Internship Placements 2025 Batch Profile

IIT Bombay MBA Batch Profile 2025

IIT Bombay MBA Alumni Network

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

IIT Bombay MBA Placements FAQs

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.

SJMSOM Highest and Average Package

Highest PackageAverage Package
72 L
28.01 L
014.4 Lakhs28.8 Lakhs43.2 Lakhs57.6 Lakhs72.0 Lakhs

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Why To Join SJMSOM - Reviews & Rating

4.4
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5(89%)
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4.5
Faculty
4.3
Infrastructure
4.7
Accommodation
4.1
Social Life
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Placement
4.4

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Life at SJMSOM

4.0Helpful

Placement Experience:

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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VASHODIA CHAHAT RAJINDER MBA, General (Enrolled 2022) Reviewed on Feb 13, 2023
3
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Placement Experience:

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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Agarwal Nidhaan Nawalkishore MBA, General (Enrolled 2022) Reviewed on Feb 8, 2023
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Placement Experience:

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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Amartya Anand Thigale
Amartya Anand Thigale MBA, General (Enrolled 2022) Reviewed on Feb 8, 2023
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Placement Experience:

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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Rishika Jain
Rishika Jain MBA, General (Enrolled 2022) Reviewed on Feb 8, 2023
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Placement Experience:

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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Bhadekar Kalyani Kaustubh MBA, General (Enrolled 2022) Reviewed on Feb 8, 2023
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SJMSOM

4.4Helpful

Placement Experience:

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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Akanksha MBA, General (Enrolled 2022) Reviewed on Feb 4, 2023
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Placement Experience:

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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Bharti MBA, General (Enrolled 2022) Reviewed on Feb 4, 2023
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Placement Experience:

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.

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Anonymous MBA, General (Enrolled 2022) Reviewed on Feb 3, 2023
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SJMSOM Review

4.5Helpful

Placement Experience:

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.

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SUDHANSHU AGGARWAL MBA, General (Enrolled 2021) Reviewed on Jan 17, 2022
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Placement Experience:

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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GUJAR TANVI RAJESH MBA, General (Enrolled 2021) Reviewed on Jan 14, 2022
5
1
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SJMSOM Alumni Distribution by Sector

Operations 18%
Business Development 17%
Information Technology 10%
Engineering 9%
Sales 9%

Frequently Visited Companies

Companies
AmazonAvery DennisonBank of AmericaCisco
DellErnst & YoungFlipkartIBM
Indian Oil Corporation Ltd (IOCL)InfosysJohnson & JohnsonSAP
Tata MotorsAccentureBarclays BankBoston Analytics
DeloitteFidelityGoldman SachsGoogle
HDFC BankJP MorganKotak GroupSamsung

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