SPJIMR completed 100% placements for the combined PGDM and PGDM (BM) Class of 2026, with all 356 students placed. The combined average CTC was INR 33.75 LPA and the median CTC was INR 32.85 LPA. The placement report was independently audited by Gandhi and Lakhani Chartered Accountants as per IPRS v2.2 standards.

In the 2026 placement process, 80 companies took part, including 31 first-time recruiters. Consulting was the biggest hiring area with 40% of total offers, and 46% of the batch received PPOs through internship conversions and corporate competitions. For the one-year PGPM program meant for professionals with five or more years of work experience, the 2024-25 class recorded an average CTC of INR 24.40 LPA and an average salary rise of 119% over pre-MBA compensation.

SPJIMR Placement Highlights 2026

SPJIMR reported full placement for the PGDM and PGDM (BM) Class of 2026. The main outcomes are listed below.

Particular Placement detail
Placement rate 100%
Students placed 356
Highest CTC INR 75 LPA
Average CTC INR 33.75 LPA
Median CTC INR 32.85 LPA
Companies participated 80
First-time recruiters 31
PPOs 46% of the batch
Top 50% average INR 39 LPA
Top 25% average INR 43.75 LPA
Largest hiring sector Consulting with 40% of total offers

SPJIMR PGDM/BM Placements 2026

SPJIMR runs one common placement process for its two-year PGDM and PGDM (BM) programs. For the Class of 2026, the batch size was 356 students and placements reached 100% by May 2026.

The combined average CTC rose to INR 33.75 LPA from INR 32 LPA for the Class of 2025. The PGDM (BM) cohort recorded an average CTC of INR 34.05 LPA. SPJIMR reported INR 75 LPA as the highest CTC for the combined batch, while the detailed final placement snapshot lists the highest salary as INR 80 LPA.

Particular Final placement 2026 detail
Students participating 356
Participating companies 81
Total PPOs 163
Highest salary INR 80 LPA
Median salary INR 32.8 LPA
Average salary, top 20% INR 45 LPA
Average salary, top 50% INR 39 LPA
Average salary, full batch INR 33.7 LPA

The salary spread shows strong outcomes across the batch. Offers of at least INR 30 LPA made up 68% of the total, while 31% of offers were at least INR 35 LPA and 15% were at least INR 40 LPA. The top 25% of students averaged INR 43.75 LPA.

  • 356 students took part, and 81 companies joined the final placement process.
  • Students received 163 PPOs before the final placement round.
  • The median salary was INR 32.8 LPA, and the highest salary was INR 80 LPA.
  • The top 20% and top 50% averaged INR 45 LPA and INR 39 LPA, respectively.
  • Hiring stayed strong in FMCG, Healthcare, Financial Services, E-commerce and Product Management.

SPJIMR PGDM/BM Summer Placements 2025-27

For the PGDM and PGDM (BM) 2025-27 summer placement cycle, 363 students from four specializations participated. The process had 82 companies and led to 30 PPOs.

Particular Summer placement 2025-27 detail
Students participating 363
Participating companies 82
PPOs 30
Highest stipend INR 7.2 LPM
Median stipend INR 1.75 LPM
Average stipend, top 20% INR 2.23 LPM
Average stipend, top 50% INR 2.02 LPM
Average stipend, full batch INR 1.67 LPM
  • 363 students joined the summer placement process across four specializations, with 82 companies participating.
  • The summer cycle generated 30 PPOs.
  • The median stipend was INR 1.75 LPM, while the highest stipend was INR 7.2 LPM.
  • The top 20% and top 50% received average stipends of INR 2.23 LPM and INR 2.02 LPM, respectively.
  • FMCG, Healthcare, E-commerce, Financial Services and Product Management remained active hiring areas across the specializations.

SPJIMR Placement Process and Timeline

The PGDM and PGDM (BM) placement process has two hiring cycles: internship placements and final placements. The corporate autumn or summer internship is a credit-based part of the PGDM program. Students who accept PPOs through internships or business competitions do not enter the next hiring cycle.

Timeline area Batch Activity Period
Internship placement Class of 2025-27 Summer internship April-May 2026
Internship placement Class of 2025-27 Pre-placement talks August/September 2025
Internship placement Class of 2025-27 Tentative hiring week September/October 2025
Final placement Class of 2024-26 Pre-placement talks for final placements November 2025
Final placement Class of 2024-26 Final selection process Mid-December 2025
Final placement Class of 2024-26 Joining May 1, 2026 onwards

SPJIMR Sector-Wise Placement 2026

SPJIMR divides the PGDM program into four specialization cohorts: Marketing, Finance, Operations and Supply Chain Management (OSCM), and Information Management (IM). The institute tracks placements by cohort and also by overall sector share for the combined batch.

Specialization Number of students Placement highlight
Information Management 114 16% of the batch received Product Management roles.
Marketing Management 102 31% of students entered FMCG and Healthcare roles.
Finance Management 75 16% of the batch entered IB, PE, VC and Hedge Fund roles.
Operations and Supply Chain Management 65 25% of the batch joined E-commerce and FMCG firms.
Sector Final placement share Summer placement share
Consulting 41% 33%
FMCG / D / Healthcare 19% 30%
E-commerce / Big Tech / Digital Platform 12% 7%
Fintech / NBFC / BFSI / Wealth 12% 10%
Product Management / Conglomerates 8% 9%
Investment Banking 3% 6%
Others 5% 5%

SPJIMR PGPM Placements 2024-25

The PGPM is a one-year lateral program for professionals who already have five or more years of work experience. Its placement process runs from September to December on a rolling basis, unlike the fixed placement window used for PGDM and PGDM (BM). The program focuses on career change, salary growth and lateral leadership roles.

For PGPM 2024-25, SPJIMR reported an average CTC of INR 24.40 LPA and an average salary increase of 119% over pre-program compensation. The placement snapshot recorded 165 students and 45 recruiters, with a mean salary of INR 24.42 LPA and the highest package at INR 50 LPA.

Particular PGPM 2024-25 detail
Batch size 165 students
Recruiters 45
Average CTC INR 24.40 LPA
Mean salary INR 24.42 LPA
Highest package INR 50 LPA
Average CTC, top 25% INR 33.40 L
Average CTC, top 50% INR 29.30 L
Average salary increase 119%
PGPM function Share
General Management 52%
Information Management 19%
Operations and Supply Chain 16%
Marketing 13%
PGPM sector Placement share
Consulting 48%
Information Technology 34%
Manufacturing 8%
Business Analyst 4%
BFSI 3%
SCM Logistics 2%
E-commerce 1%

Top Recruiters at SPJIMR

The Class of 2026 placement process included 80 companies, and 31 of them were recruiting at SPJIMR for the first time. Consulting firms made the largest number of offers, while FMCG companies, investment banks and technology firms also recruited from the campus. SPJIMR does not release company-wise offer counts.

Domain Recruiters
Consulting Accenture Strategy, Deloitte, PwC
FMCG HUL, Mondelez, Marico
Finance HSBC, Morgan Stanley, Nomura
Investment Banking and Private Equity Nomura, Morgan Stanley
Product Management and IT American Express, Microsoft
General Management Aditya Birla Group, Tata Administrative Services

SPJIMR Placement FAQs

Ques. How does SPJIMR's cohort system shape placement options?

Ans. SPJIMR asks students to select a specialization cohort during application: Marketing, Finance, Operations and Supply Chain Management, or Information Management. Recruiters are then mapped to the cohorts that fit their hiring needs. HUL and P&G mostly hire from Marketing and OSCM, investment banks focus on Finance, and technology or product companies look at Information Management. Because of this format, SPJIMR shares both cohort-wise data and overall batch figures.

Ques. What share of PGDM students receive PPOs before final placements?

Ans. Each year, 46% to 52% of the PGDM and PGDM (BM) batch receives PPOs. SPJIMR has two PPO routes: autumn internships with close to 75 companies and business competitions held during the academic year. Students who accept PPOs are kept out of the formal placement season, so the final campus process is mainly for the rest of the batch.

Ques. Can the PGPM average CTC be compared directly with the PGDM average CTC?

Ans. The two figures should be read differently. PGPM recorded an average CTC of INR 24.40 LPA for 2024-25, while PGDM recorded INR 33.75 LPA. PGPM students already have salaries and usually five to ten years of work experience before joining. For PGPM, the main number reported by SPJIMR is the 119% average rise over the pre-program CTC, because the course is aimed at career movement rather than first management placements. Both programs report 100% placement.

Ques. Did SPJIMR's larger batch size reduce placement packages?

Ans. The PGDM and PGDM (BM) batch size reached 356 in the Class of 2026, compared with 237 in the Class of 2023. That is a 50% rise over four years. Even with this growth, the average CTC stayed between INR 32 LPA and INR 34 LPA across five years, and the 2026 median CTC of INR 32.85 LPA was the highest in that period. Recruiter participation also increased from 63 companies in 2023 to a high of 86 in 2025, showing that company participation grew with the batch.

Ques. What do the audit and NIRF figures say about SPJIMR placements?

Ans. Gandhi and Lakhani Chartered Accountants audit SPJIMR placement numbers under IPRS v2.2 each year. NIRF 2025 data for the 2023-24 graduating batch shows 335 placed students out of 342 graduates, with a median salary of INR 31.5 LPA. The NIRF count includes all graduates, even students who chose not to sit for placements. SPJIMR's 100% placement figure covers students registered for campus placements.