SPJIMR Placements 2024: PGDM student receives highest package of 81 Lakhs

SPJIMR, Mumbai, a premier management institution, proudly concluded the Final Recruitment Process for its PGDM & PGDM(BM) Class of 2024, achieving 100% placements amidst global economic uncertainties. In the wake of the evolving job market, SPJIMR garnered strong support from industry stalwarts and alumni, ensuring every student secured promising offers.

The institute's MBA placement cycle affirmed its enduring industry relationships, witnessing a surge in corporate engagement and rapid offer rollouts, a testament to the leadership qualities of its participants. Consulting emerged as the top recruiting sector, with 35% of the batch securing offers from renowned firms like Accenture Strategy, Boston Consulting Group, Deloitte, and more. International offers from Deloitte also underscored the institute's global appeal.

The average annual salary remained robust at INR 33 lakhs, aligning with the previous year's figures. A significant majority, over 70%, received offers surpassing INR 30 lakhs annually, with 90% securing packages beyond INR 25 lakhs annually.

The placements showcased a spike in front-end investment banking roles from eminent firms like Goldman Sachs, Nomura, and others. General Management opportunities were presented by leading recruiters like Aditya Birla Group, Capgemini E.L.I.T.E., and Mahindra GMC.

33 first-time recruiters from diverse sectors contributed to the campus placements. Notably, 47% of the batch received Pre-Placement Offers through Autumn Internships and Corporate Competitions, strengthening ties with esteemed organizations such as Accenture Strategy, Boston Consulting Group, and Tata Administrative Services.

Prof. Renuka Kamath, Associate Dean - Full Time Programmes, expressed gratitude for industry support, emphasizing their commitment to hiring SPJIMR's socially-conscious and industry-ready talent amidst uncertain times.

The placement spectrum exhibited strong offers from consulting and IT firms, the FMCG sector, BFSI entities, product management roles in tech, and diverse leadership positions. SPJIMR's successful placements underscore its commitment to grooming versatile professionals equipped to thrive in an ever-evolving business landscape.

Key Highlights:

• 7% (6.5%) of offers equal to or greater than INR 40 LPA
• 34% of offers equal to or greater than INR 35 LPA
• 71% of offers equal to or greater than INR 30 LPA
• 90% of offers equal to or greater than INR 25 LPA

Autumn Internship Highlights:

• Number of companies: 53 (28% New recruiters)
• Average Stipend for two months: INR 3,15,328
• Median Stipend for two months: INR 3,00,000
• Maximum Stipend for two months: INR 4,40,000

PGDM & PGDM(BM) Class of 2024 Placements - An Overview:

• Participants in the Batch:292
• Number of companies participating:72
• Number of first-time recruiters:33
• Total Number of Pre-Placement Offers:138
• Average Salary: 33 LPA
• Median Salary: 31.50 LPA
• Highest Salary: 81 LPA