SPJIMR achieved 100% placements for the combined PGDM and PGDM (BM) Class of 2026, with 356 students placed. The batch recorded an average CTC of INR 33.75 LPA and a median CTC of INR 32.85 LPA. Gandhi and Lakhani Chartered Accountants independently audited the placement report under IPRS v2.2 standards.
The 2026 placement process included 80 companies, of which 31 were first-time recruiters. Consulting contributed the largest share with 40% of total offers. PPOs through internship conversions and corporate competitions went to 46% of the batch. For the one-year PGPM program for professionals with five or more years of work experience, the Class of 2024-25 posted an average CTC of INR 24.40 LPA and a 119% average salary increase over pre-MBA compensation.
SPJIMR Placement Highlights 2026
| Particulars | Placement Details |
|---|---|
| Batch | PGDM and PGDM (BM) Class of 2026 |
| Placement rate | 100% |
| Students placed | 356 |
| Average CTC | INR 33.75 LPA |
| Median CTC | INR 32.85 LPA |
| Companies in the placement process | 80 |
| First-time recruiters | 31 |
| Largest hiring sector | Consulting, with 40% of total offers |
| PPO share | 46% of the batch |
| Audit standard | IPRS v2.2 |
SPJIMR PGDM/BM Placements 2026
SPJIMR conducts one common placement process for the two-year PGDM and PGDM (BM) programs. For the Class of 2026, 356 students completed placements with a 100% placement rate by May 2026. The combined average CTC was INR 33.75 LPA, compared with INR 32 LPA for the Class of 2025.
The PGDM (BM) cohort reported an average CTC of INR 34.05 LPA. Across the full batch, the highest package was stated as INR 75 LPA. The salary spread also stayed strong: 68% of offers were at or above INR 30 LPA, 31% were at or above INR 35 LPA, and 15% were at or above INR 40 LPA. The top 25% of students received an average CTC of INR 43.75 LPA.
| Particulars | PGDM and PGDM (BM) Placement Data |
|---|---|
| Students participating | 356 |
| Companies in final placements | 81 |
| PPOs offered | 163 |
| Median salary | INR 32.8 LPA |
| Highest salary | INR 80 LPA |
| Top 20% average salary | INR 45 LPA |
| Top 50% average salary | INR 39 LPA |
| Major hiring domains | FMCG, Healthcare, Financial Services, E-commerce, and Product Management |
SPJIMR PGDM/BM Summer Placements 2025-27
For the 2025-27 summer placement cycle, 363 students from four specializations took part. The process had 82 companies and resulted in 30 PPOs.
| Particulars | Summer Placement Data |
|---|---|
| Students participating | 363 |
| Specializations covered | 4 |
| Companies participating | 82 |
| PPOs offered | 30 |
| Median stipend | INR 1.75 LPM |
| Highest stipend | INR 7.2 LPM |
| Top 20% average stipend | INR 2.23 LPM |
| Top 50% average stipend | INR 2.02 LPM |
| Strong placement domains | FMCG, Healthcare, E-commerce, Financial Services, and Product Management |
SPJIMR places students from the PGDM program through four specialization cohorts: Marketing, Finance, Operations and Supply Chain Management (OSCM), and Information Management (IM). Placement results are reported both by cohort and by the overall sector share of the combined batch.
SPJIMR PGPM Placements 2024-25
The PGPM is a one-year lateral program meant for professionals with five or more years of work experience. Its placements take place separately from the fixed PGDM and PGDM (BM) placement window. The PGPM process is held on a rolling basis from September to December each year.
For 2024-25, PGPM placement outcomes focused on career shifts and salary growth. The process had 165 students and 45 recruiters. The mean salary was INR 24.42 LPA, while the highest package reached INR 50 LPA. The class also recorded an average CTC of INR 24.40 LPA and a 119% average salary increase over participants' pre-MBA compensation.
| Particulars | PGPM Placement Data 2024-25 |
|---|---|
| Program duration | 1 year |
| Work experience requirement | 5 or more years |
| Placement period | September to December |
| Students participating | 165 |
| Recruiters | 45 |
| Average CTC | INR 24.40 LPA |
| Mean salary | INR 24.42 LPA |
| Highest package | INR 50 LPA |
| Average salary increase | 119% |
Top Recruiters at SPJIMR
The Class of 2026 placement process had 80 companies, including 31 recruiters visiting SPJIMR for the first time. Consulting firms made the highest number of offers across cohorts. FMCG companies, investment banks, and technology firms were also part of the recruiter base. SPJIMR does not share company-wise offer counts.
SPJIMR Placement FAQs
Ques. How does SPJIMR's cohort system shape placement options?
Ans. SPJIMR asks students to select one of four specialization cohorts during application: Marketing, Finance, Operations and Supply Chain Management, or Information Management. Recruiters visit based on the cohorts that match their roles. HUL and P&G usually hire mainly from Marketing and OSCM, investment banks look at Finance, and technology and product companies recruit from Information Management. Because of this model, SPJIMR reports both cohort-wise figures and overall batch numbers.
Ques. What share of the PGDM batch gets a PPO before final placements?
Ans. Each year, 46% to 52% of the PGDM and PGDM (BM) batch receives a PPO. SPJIMR has two formal PPO routes: autumn internships covering 75 companies and business competitions held during the academic year. Students who take PPOs stay out of the final placement process, so the formal campus hiring window is mainly for the rest of the batch.
Ques. Can the PGPM average CTC be compared directly with the PGDM average?
Ans. The PGPM and PGDM averages show different outcomes. The PGPM average for 2024-25 was INR 24.40 LPA, which is lower than the PGDM average of INR 33.75 LPA. However, PGPM students already have salaries and usually bring five to ten years of work experience. For PGPM, SPJIMR highlights the 119% average rise over pre-program CTC because the program is built for career shifts. Both programs reported 100% placement.
Ques. Did the larger SPJIMR batch size reduce placement packages?
Ans. The PGDM and PGDM (BM) batch size rose from 237 students in the Class of 2023 to 356 students in the Class of 2026, which is a 50% increase over four years. Even with this growth, the average CTC stayed between INR 32 LPA and INR 34 LPA across all five years. The 2026 median of INR 32.85 LPA was the highest in that period. Recruiter participation also rose from 63 companies in 2023 to a high of 86 companies in 2025, showing that recruiter depth grew with the batch.
Ques. What do the audit and NIRF numbers say about SPJIMR placements?
Ans. Gandhi and Lakhani Chartered Accountants audit SPJIMR's placement figures each year under IPRS v2.2. NIRF 2025 data for the 2023-24 graduating batch records 335 placed graduates out of 342, with a median salary of INR 31.5 LPA. The NIRF placement figure of nearly 98% differs from SPJIMR's 100% figure because NIRF counts all graduates, including students who chose not to sit for placements, while the institute's number covers only students registered for campus placements.
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