The Placement Database

Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay Placements 2020

Grade B · official

In 2020, Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay reported a median package of 21L and an average of 20.98L (CTC basis), with the highest offer at 32.8L across 56 recruitersfrom Final Placement Report 2018-20. Nothing estimated · 49 PPO/PPI; 20 new recruiters.

Grade B · official
Source: Final Placement Report 2018-20 · reported basis: CTC · how we verify →
Average
₹20.98L
guaranteed cash
+0.9% vs 2019
Median
₹21L
guaranteed cash
+3.4% vs 2019
Highest
₹32.8L
+1.2% vs 2019
Two salary heads — what's guaranteed vs what you can earn
Guaranteed (TGCC) — avg ₹20.98L · median ₹21L
Max-earning (MEP) — avg ₹20.98L

TGCC is the audited fixed floor; MEP adds the maximum variable/bonus and is the number most schools quote as "CTC". We show both so nothing is oversold.

111
Batch
56
Recruiters

Salary by component · 2020

Every salary head the report discloses, in ₹ lakh — nothing estimated, undisclosed cells show “—”.

ComponentMinMedianMeanMax
CTC
₹21L₹20.98L₹32.8L

Which sectors hired in 2020

Share of the batch's offers by sector (this report does not publish per-sector pay).

BFSI
FMCG/FMCD/Manufacturing
IT/ITES
Consulting
E-Commerce/Others

The 2020 batch, profiled

Composition as disclosed in the report.

gender
Male84%
Female16%
work ex
avg work-ex27
0-12 months15%
13-24 months43%
25-36 months28%
36+ months14%
cohort
Prior Sector: Mining/Oil & Gas4%
Prior Sector: Automobile6%
Prior Sector: IT/ITES39%
Prior Sector: Consulting/Analytics7%
Prior Sector: EPC/Manufacturing21%
Prior Sector: BFSI6%
academic
Mechanical29%
CSE/IT17%
Electronics26%
Electrical9%
Biotech/Chemical7%
Civil6%

Also disclosed in 2020

24%recruiter sector share IT/ITES14%recruiter sector share E-Commerce/Others33%recruiter sector share FMCG/FMCD/Manufacturing20%recruiter sector share BFSI9%recruiter sector share Consulting49ppo ppi20new recruiters

Top recruiters in 2020

Goldman SachsICICI BankIDFC FirstIndus Valley PartnersJM Financial ServicesJP Morgan ChaseMSCISociete GeneraleTrafiguraYes BankGEPi3 ConsultingIBM ConsultingLevers for ChangePwCAsian PaintsBritanniaColgate-PalmoliveMaricoMondelezNestlePidiliteProcter & GambleAvery DennisonCumminsPanasonicPiramalRelianceTata MotorsWelspunWhirlpoolBRIDGEi2iBrowser StackDellHexawareVodafone Shared ServicesAccenture DigitalCapgeminiGoogleIBM

Frequently asked questions

What was Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay's average placement package in 2020?
In 2020, Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay reported a median of ₹21L, an average of ₹20.98L, a highest of ₹32.8L. Figures are institute-reported; nothing is estimated.
Did Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay placements improve in 2020?
Versus 2019, the median moved +3.4%.
How many companies recruited at Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay in 2020?
56 recruiters hired from the 2020 batch, including Goldman Sachs, ICICI Bank, IDFC First.
See the full SJMSoM IIT Bombay placement dossier for the complete 14-year trend and recruiter list, or the full database across every college.

Figures from Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay's official 2020 placement report. Undisclosed values show "—".

Cite this page · free with attribution
Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay placements 2020 — Collvera Placement Index (verified from Final Placement Report 2018-20). collvera.com/placements/sjmsom-iit-bombay/2020. Accessed 2026-09-08.