Programme: PGDM
Bhavan's S.P. Jain Institute of Management & Research Placements 2021
Grade A · auditedIn 2021, Bhavan's S.P. Jain Institute of Management & Research reported a median package of ₹22.1L and an average of ₹22.69L (MEP basis), with the highest offer at ₹39.8L across 71 recruiters — from Final Placement Report 2019-21, audited by CRISIL Limited. Undisclosed figures are left blank.
Grade A · auditedSource: Final Placement Report 2019-21 (2023-03) · audited by CRISIL Limited · reported basis: MEP ·
how we verify → Average
₹22.69L
+3.0% vs 2020
Median
₹22.1L
+3.5% vs 2020
Highest
₹39.8L
+18.6% vs 2020
Salary by component · 2021
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 “—”.
| Component | Min | Median | Mean | Max |
|---|
Fixed Report group: 230 salary records | ₹8.84L | ₹17.97L | ₹17.48L | ₹29L |
Total guaranteed cash Report group: 230 salary records Fixed cash + one-time — the audited floor | ₹8.84L | ₹19.47L | ₹19.87L | ₹29.6L |
Max earning potential Report group: 230 salary records Ceiling incl. variable, ESOPs, all components | ₹11.11L | ₹22.1L | ₹22.69L | ₹39.8L |
CTC | — | ₹25L | ₹26.06L | ₹46.65L |
Which sectors hired in 2021
Offers by sector, with median pay on the guaranteed and max-earning bases.
| Sector | Offers | Median (guaranteed) | Median (max-earning) |
|---|
| Consulting | 82 | ₹19.32L | ₹19.32L |
| FMCG | 42 | ₹27L | ₹27L |
| BFSI | 33 | ₹19.2L | ₹19.2L |
| E-commerce | 29 | ₹25.05L | ₹25.05L |
| Information Technology (IT) | 20 | — | — |
| Others | 10 | ₹18.23L | ₹18.23L |
| Healthcare | 5 | ₹19.18L | ₹19.18L |
| Real Estate | 4 | ₹24.5L | ₹24.5L |
| Manufacturing | 3 | ₹21L | ₹21L |
| Travel & Tourism | 2 | ₹18.5L | ₹18.5L |
| International - Others | 2 | — | — |
What roles the 2021 batch took
Offers by job function, with median pay on both bases.
| Function | Offers | Median (guaranteed) | Median (max-earning) |
|---|
| Consulting | 78 | ₹19.32L | ₹19.32L |
| Marketing/Sales | 62 | ₹20.88L | ₹20.88L |
| General Management | 37 | ₹24.51L | ₹24.51L |
| Finance | 27 | ₹20L | ₹20L |
| Operations/Supply Chain | 15 | ₹26.49L | ₹26.49L |
| Systems/IT | 11 | ₹23.2L | ₹23.2L |
| International - Operations/Supply Chain | 2 | — | — |
The 2021 batch, profiled
Composition as disclosed in the report.
status
2f. Sought placement outside the campus placement process4
Also disclosed in 2021
0.5One-time cash payments min8One-time cash payments max3.65One-time cash payments mean3.9One-time cash payments median0.85Performance linked compensation (max) min8.21Performance linked compensation (max) max2.97Performance linked compensation (max) mean2.36Performance linked compensation (max) median0.22Other payments min4.36Other payments max1.25Other payments mean1.08Other payments median
Top recruiters in 2021
Deloitte USIPwC US AdvisoryAccenture StrategyBain & Co.Boston Consulting GroupEY GDSGEPIBM ConsultingInfosys ConsultingKPMGAsian PaintsColgate-PalmoliveGeneral MillsHindustan UnileverJohnson & JohnsonL'OréalMaricoNestlePidiliteProcter & GambleRBHimalayaGSK Consumer HealthAmerican ExpressCitiHSBCBajaj FinservIDFC First BankICICI BankPayTMYes BankAxis CapitalJefferiesNomuraDE ShawICICI Prudential AMCAmazonCloudtailFlipkartGo-MMT
Frequently asked questions
What was Bhavan's S.P. Jain Institute of Management & Research's average placement package in 2021?
In 2021, Bhavan's S.P. Jain Institute of Management & Research reported a median of ₹22.1L, an average of ₹22.69L, a highest of ₹39.8L. The report is third-party audited.
Did Bhavan's S.P. Jain Institute of Management & Research placements improve in 2021?
Versus 2020, the median moved +3.5%.
How many companies recruited at Bhavan's S.P. Jain Institute of Management & Research in 2021?
71 recruiters hired from the 2021 batch, including Deloitte USI, PwC US Advisory, Accenture Strategy.
Figures from Bhavan's S.P. Jain Institute of Management & Research's official 2021 placement report (third-party audited). Undisclosed values show "—".
Cite this page · free with attribution
Bhavan's S.P. Jain Institute of Management & Research placements 2021 — Collvera Placement Index (verified from Final Placement Report 2019-21, audited by CRISIL Limited). collvera.com/placements/spjimr-mumbai/2021. Accessed 2026-09-23.