The Placement Database

Programme: PGDM

Bhavan's S.P. Jain Institute of Management & Research Placements 2020

Grade A · audited

In 2020, Bhavan's S.P. Jain Institute of Management & Research reported a median package of ₹21.35L and an average of ₹22.03L (MEP basis), with the highest offer at ₹33.56L across 75 recruiters — from Final Placement Report 2018-20, audited by CRISIL Limited. Undisclosed figures are left blank.

Grade A · audited
Source: Final Placement Report 2018-20 (2023-03) · audited by CRISIL Limited · reported basis: MEP · how we verify →
Average
₹22.03L
-3.8% vs 2019
Median
₹21.35L
-3.0% vs 2019
Highest
₹33.56L
239
Batch
237
Placed
75
Recruiters
90
PPOs accepted
90
PPOs offered
1
International offers

Salary by component · 2020

Reported INR salary figures, in ₹ lakh. Groups with different numbers of salary records are shown separately; their averages and medians must not be combined. Undisclosed cells show “—”.

ComponentMinMedianMeanMax
Fixed
Report group: 236 salary records
₹8.4L₹17.32L₹17.08L₹28L
Total guaranteed cash
Report group: 236 salary records
Fixed cash + one-time — the audited floor
₹9.45L₹19L₹19.26L₹28.77L
Max earning potential
Report group: 236 salary records
Ceiling incl. variable, ESOPs, all components
₹11.31L₹21.35L₹22.03L₹33.56L

Which sectors hired in 2020

Offers by sector, with median pay on the guaranteed and max-earning bases.

SectorOffersMedian (guaranteed)Median (max-earning)
FMCG54₹25.51L₹25.51L
Consulting47₹19.71L₹19.71L
BFSI45₹20.6L₹20.6L
E-commerce37₹21.32L₹21.32L
Information Technology (IT)21——
Others10₹22.5L₹22.5L
Manufacturing7₹21L₹21L
Travel & Tourism7₹16.5L₹16.5L
Healthcare3₹18.12L₹18.12L
Real Estate2₹26L₹26L
Telecom2₹23.49L₹23.49L
Energy1——
International - Others1——

What roles the 2020 batch took

Offers by job function, with median pay on both bases.

FunctionOffersMedian (guaranteed)Median (max-earning)
General Management67₹22L₹22L
Marketing/Sales62₹22.11L₹22.11L
Consulting57₹19.75L₹19.75L
Finance21₹18.16L₹18.16L
Operations/Supply Chain17₹19.5L₹19.5L
Systems/IT9₹22L₹22L
HR3——
International - Operations/Supply Chain1——

The 2020 batch, profiled

Composition as disclosed in the report.

status
2f. Sought placement outside the campus placement process2

Also disclosed in 2020

0.25One-time cash payments min8One-time cash payments max3.16One-time cash payments mean3One-time cash payments median0.82Performance linked compensation (max) min6.34Performance linked compensation (max) max2.84Performance linked compensation (max) mean2.25Performance linked compensation (max) median0.04Other payments min6.99Other payments max1.4Other payments mean1.14Other payments median

Frequently asked questions

What was Bhavan's S.P. Jain Institute of Management & Research's average placement package in 2020?
In 2020, Bhavan's S.P. Jain Institute of Management & Research reported a median of ₹21.35L, an average of ₹22.03L, a highest of ₹33.56L. The report is third-party audited.
Did Bhavan's S.P. Jain Institute of Management & Research placements improve in 2020?
Versus 2019, the median moved -3.0%.
How many companies recruited at Bhavan's S.P. Jain Institute of Management & Research in 2020?
75 recruiters hired from the 2020 batch.
See the full SPJIMR Mumbai placement dossier for the complete 8-year trend and recruiter list, or the full database across every college.

Figures from Bhavan's S.P. Jain Institute of Management & Research's official 2020 placement report (third-party audited). Undisclosed values show "—".

Cite this page · free with attribution
Bhavan's S.P. Jain Institute of Management & Research placements 2020 — Collvera Placement Index (verified from Final Placement Report 2018-20, audited by CRISIL Limited). collvera.com/placements/spjimr-mumbai/2020. Accessed 2026-09-23.