The Placement Database

Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay Placements 2023

Grade B · official

In 2023, Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay reported a median package of ₹26.64L and an average of ₹28.88L (CTC basis), with the highest offer at ₹54L — from Final Placement Report 2021-23. Nothing estimated · 27th batch; 100% placements; PPO 50%; hybrid mode; avg CTC +11%.

Grade B · official
Source: Final Placement Report 2021-23 · reported basis: CTC · how we verify →
Average
₹28.88L
guaranteed cash
+11.5% vs 2022
Median
₹26.64L
guaranteed cash
+3.3% vs 2022
Highest
₹54L
+10.2% vs 2022
Two salary heads — what's guaranteed vs what you can earn
Guaranteed (TGCC) — avg ₹28.88L · median ₹26.64L
Max-earning (MEP) — avg ₹28.88L

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.

115
Batch

Salary by component · 2023

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

ComponentMinMedianMeanMax
CTC
₹20L₹26.64L₹28.88L₹54L

Which sectors hired in 2023

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

BFSI
—
Consulting
—
IT/E-comm
—
FMCG/FMCD
—
Conglomerate & Others
—

The 2023 batch, profiled

Composition as disclosed in the report.

gender
Women23%
cohort
From Premier Institutes26%
work ex
With Work Experience71%
avg work-ex19
1-12 Months11%
13-24 Months29%
25-36 Months49%
36+ Months11%
academic
CSE/IT30%
EE/ECE25%
Mechanical24%
Civil/Chem13%
Others8%

Also disclosed in 2023

18%recruiter sector share BFSI16%recruiter sector share Consulting27%recruiter sector share FMCG/FMCD14%recruiter sector share IT/E-comm25%recruiter sector share Conglomerate & Others50%ppo rate30.35ppo avg ctc16ppo min ctc54women highest ctc29.35women avg ctc28.9women median ctc23.5women min ctc

Top recruiters in 2023

ABFRLAdani GroupAtombergCargillDBS BankDiageoEdelweiss Alternative Asset AdvisorsFullerton IndiaGames24x7GoogleHCLTechHULIBM ConsultingITCLandmark GroupNation with NamoReckittReliance JioSobha RealtyICICI BankIndus Valley PartnersJP Morgan Chase & Co.NomuraYes BankAccenture StrategyDeloitte USIGEPPwC US AdvisoryQuinticsAccentureAmazonEXL AnalyticsWiproAsian PaintsColgate PalmoliveKimberly ClarkMaricoMondelez InternationalP&GTata Consumers Products

Frequently asked questions

What was Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay's average placement package in 2023?
In 2023, Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay reported a median of ₹26.64L, an average of ₹28.88L, a highest of ₹54L. Figures are institute-reported; nothing is estimated.
Did Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay placements improve in 2023?
Versus 2022, the median moved +3.3%.
How many companies recruited at Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay in 2023?
The 2023 report did not disclose a recruiter count.
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 2023 placement report. Undisclosed values show "—".

Cite this page · free with attribution
Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay placements 2023 — Collvera Placement Index (verified from Final Placement Report 2021-23). collvera.com/placements/sjmsom-iit-bombay/2023. Accessed 2026-09-09.