SPJIMR Mumbai PGDM Placement 2021-23, Highest Package Offered at INR 77.8 LPA

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Bharatiya Vidya Bhavan’s S.P.Jain Institute of Management & Research, Mumbai has completed 100% of the placements for the PGPM 2021–23 batch where the Highest Package Offered at INR 77.8 LPA

SPJIMR Mumbai PGDM Placement 2021-23

New Delhi: Bharatiya Vidya Bhavan's S.P.Jain Institute of Management & Research (SPJIMR) announced a significant milestone in their one-year Post Graduate Programme in Management (PGPM) for Executives for the batch of 114 participants (concluded in January 2023), with a 10% increase in the average CTC year-over-year for its participants.

The average CTC for the top 25% of the cohort is NR 33.63 LPA. However, for the top 50% it is INR 30.90 LPA, and for the entire batch it is INR 25.89 LPA. This year, the average gain over starting pay was an astounding 173.60%. The SPJIMR placement process involved 73 firms and provided a variety of options across several industries. Product Management roles made up 18% of the total, followed by Consulting roles at 44%.

Participants in the PGPM programme who graduated got jobs in prestigious companies like Axis Bank, Bristlecone, Chep, Cognizant, Accenture, DBS, Ernst & Young, Hitachi Vantara, Jio Platforms Limited, Exide, Get Insured, HSBC, Unity Bank, IBM, Thoucentric, Zee Technology, Infosys, KPMG, Blue Yonder, KPIT, Light Storm, MAQ Software, Publicis Sapient, TVS Motors, Quantiphi, Samsung, TheMathCompany, Tiger Analytics, Vector Consulting, Wolters Kluwer, among others.

SPJIMR Mumbai Placement 2023: Highlights

Particulars	Details
Placement rate	100%
Highest package	INR 77.8 LPA
Average package	INR 33.02 LPA
Median Package	INR 32.89 LPA (9% increase compared to last year)
PGDM 2021-23 Batch size	237 Students
No. of Students who opted out	4 Opted out for Entrepreneurship Venture
Total No. of first-time recruiters	33
Total Number of Pre-Placement Offers (PPOs)	112
Number of companies visited	63
Top Recruiting Sector	FMCG with 35% offers
Top recruiting sector	DBS, Ernst & Young, Hitachi Vantara, Jio Platforms Limited, Exide, Get Insured, HSBC, Unity Bank, IBM, Thoucentric, Zee Technology, Infosys, KPMG, Blue Yonder, KPIT, Light Storm, MAQ Software among others

Prof. Renuka Kamath, Associate Dean for Full-Time Programmes at SPJIMR, stated, "At SPJIMR, we encourage our experienced students to leverage their deep knowledge into the classroom, apply theory, and explore solutions in an innovative manner.

The director of career services at SPJIMR, Bhishm Chugani, continued, "Recruiters routinely indicate that candidates from SPJIMR exhibit a robust capacity to adjust to various situations. In a short period of time, they can get started in their new positions. The full-time Post Graduate Programme in Management (PGPM) now accepts applicants with three or more years of work experience, as opposed to the previous requirement of five years of experience. This is a significant development for SPJIMR.

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