S.P. Jain Institute of Management and Research concludes placements for the 2023-2025 batch with the highest package of ₹ 89 Lakhs.

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S.P. Jain Institute of Management and Research concludes placements for the 2023-2025 batch with the highest package of ₹ 89 Lakhs.

Bhartiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR) has recorded its highest placement of ₹ 89 Lakhs this year and has concluded the placement of its ever-lasting 336 participants with an average annual package of ₹ 32 Lakhs. More than 53% of students have received an offer for more than ₹ 30 Lakhs per annum. Around 40% of the batch has been hired by the consulting firms. The top sectors that secured the maximum number of hires were finance, tech and FMGC. The number of recruiters who participated in the placement process for the first time was 27.

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Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR) has completed the placements for its postgraduate diploma in management (PGDM) and postgraduate diploma in management (Business Management) (PGDM(BM)) class of 2025, which has been the largest batch comprising 336 participants. 

The PGDM batch of 2023-2025 saw tremendous final placement outcomes with consulting as the main domain. Students received outstanding offers from companies like Accenture, PwC, Deloitte and many others. Finance placements have always secured their top position with hiring companies like Morgan Stanley, Barclays, Nomura, hiring roles in investment banking and private equity. Microsoft and American Express led the hiring drive for IT and product management, while Aditya Birla Group and Tata Administrative Services gave general management jobs.


S.P. Jain Institute of Management and Research concludes placements for the 2023-2025 batch with the highest package of ₹ 89 Lakhs.

Key highlights 

  • 9% of the finance batch was hired in BFSI, IB, PE, VC and hedge funds.

  • 37% of the batch was placed in the consulting industry.

  • 17% of the batch got offers from FMCG companies.

  • Some of the new finalists' recruiters included Aequitas, DBS, FedEx, Google, HSBC IB, Infosys Europe CSG, Kenvue, Motilal Oswal, Optum, Purplle and Zomato.

  • Twenty-three percent of the batch secured jobs in the Product and General Management function.

In detail

The average annual package recorded is ₹ 32 lakhs per annum. More than 53% of the students have received offers above ₹ 30 lakhs per annum. More than 90% have received an offer above ₹ 25 Lakhs per annum. If we talk about the median annual salary, it was reported as ₹ 30.5 lakhs per annum. The top domestic salary secured amounted to ₹ 81 Lakhs and the top international salary recorded amounted to ₹ 89 Lakhs. 

However, as for the class of 2024 the average salary recorded was ₹ 33 lakhs and the median salary was ₹ 31.5 lakhs, respectively. 

The number of companies that participated in the placement procedure of SPJIMR was 27. The total number of companies that participated in including the first-time recruiters, was 86. Around 46% of the batch secured the pre-placement offers. 

The domain that bagged the highest number of hires was consulting, as it took the lead with the firms from the sector extending offers to 40% of the batch. Accenture Strategy, Boston Consulting Group, Deloitte, EY Parthenon, Infosys Consulting, KPMG, PwC, Praxis Global Alliance and some others were the recruiters who participated in. 

Top FMCG brands such as Hindustan Unilever, P&G, Nestlé, ITC, Marico and Mondelez have made excellent offers. Consulting itself took 33% of the marketing cohort. 

Thirty percent of the finance batch was placed in banks, investment banks and buy-side firms, namely Motilal Oswal, HSBC, Morgan Stanley, Nomura, Kotak Mahindra Group, DBS, ICICI Prudential, Aequitas, Pinpoint Asset Management, IIFL Finance and O3 Capital.

If we talk about the tech domain, around 36% of the Information Management Specialisation secured positions in firms such as American Express, Darwinbox, Bajaj, Finserv, HCL Technologies, Intuit, MakeMyTrip, Paytm, Play Simple Games and BookMyShow. However, the percentage of students who grabbed offers in General Management roles from the deemed companies like Aditya Birla Group, Mahindra MLP, RPG, Reliance, Tata Administrative Services and Zomato. 

E-commerce and quick commerce startups like Amazon, Purplle and Zomato employed 10% of the batch.  Approximately 6% of the members were placed by manufacturing, healthcare, and real estate firms like Johnson & Johnson, AMNS, Godrej Properties and PI.

Sector-Wise placement percentage

Sector 

Percentage 

Pharma & healthcare 

3%

BFSI 

15%

Conglomerates 

8%

Consulting 

33%

E-Commerce 

8%

IT

8%

FMGC.FMCD

18%

Manufacturing and others 

5%

Final Placement at a Glance 2023-2025


Participants in the batch 

Companies participating 

First-time recruiters

Total No. of PPOs

Avg. Salary 

Median Salary 

Highest Salary 

336

86

27

161

₹ 32 LPA

₹ 30.5 LPA 

₹ 89 LPA 

About the PGDM program in S.P. Jain Institute of Management and Research

The two-year, full-time residential Post Graduate Diploma in Management (PGDM) curriculum is comparable to an MBA. PGDM programs are AICTE-approved, NBA and AMBA-accredited and regularly ranked among India's top 10 management programs. PGDM provides a comprehensive approach to leadership development through its creative fusion of immersive experiences and classroom instruction. To speed up participants' leadership development, SPJIMR's esteemed faculty of accomplished academicians and practitioners consistently integrates practice-focused modern innovation into the program design.