Programme: PGDM
Bhavan's S.P. Jain Institute of Management & Research Placements 2023
Grade A · auditedIn 2023, Bhavan's S.P. Jain Institute of Management & Research reported a median package of ₹32.89L and an average of ₹32.84L (CTC basis), with the highest offer at ₹77.88L across 61 recruiters — from Final Placement Report 2021-23, audited by Gandhi and Lakhani Chartered Accountants. Undisclosed figures are left blank.
Grade A · auditedSource: Final Placement Report 2021-23 (2024-07) · audited by Gandhi and Lakhani Chartered Accountants · reported basis: CTC ·
how we verify → Average
₹32.84L
+3.8% vs 2022
Median
₹32.89L
+8.0% vs 2022
Highest
₹77.88L
+46.6% vs 2022
Salary by component · 2023
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: 237 salary records | ₹9.32L | ₹22.75L | ₹23.27L | ₹45.73L |
CTC Report group: 237 salary records | ₹18L | ₹32.89L | ₹32.84L | ₹77.88L |
Which sectors hired in 2023
Offers by sector, with median pay on the guaranteed and max-earning bases.
| Sector | Offers | Median (guaranteed) |
|---|
| FMCG | 82 | ₹32.89L |
| Consulting | 76 | ₹35.67L |
| Technology | 36 | ₹32.96L |
| BFSI | 27 | ₹30.01L |
| General Management | 11 | ₹27.5L |
| Telecommunication | 5 | ₹30L |
What roles the 2023 batch took
Offers by job function, with median pay on both bases.
| Function | Offers | Median (guaranteed) |
|---|
| Marketing/Sales | 67 | ₹32.89L |
| Information Management | 64 | ₹32.96L |
| Operations/Supply Chain | 58 | ₹32.89L |
| Finance | 48 | — |
Also disclosed in 2023
1Bonus min41.25Bonus max4.46Bonus mean4.5Bonus median0.5Incentives min40.5Incentives max6.78Incentives mean5.25Incentives median0.15Relocation min2Relocation max1.01Relocation mean0.54Relocation median
Frequently asked questions
What was Bhavan's S.P. Jain Institute of Management & Research's average placement package in 2023?
In 2023, Bhavan's S.P. Jain Institute of Management & Research reported a median of ₹32.89L, an average of ₹32.84L, a highest of ₹77.88L. The report is third-party audited.
Did Bhavan's S.P. Jain Institute of Management & Research placements improve in 2023?
Versus 2022, the median moved +8.0%.
How many companies recruited at Bhavan's S.P. Jain Institute of Management & Research in 2023?
61 recruiters hired from the 2023 batch.
Figures from Bhavan's S.P. Jain Institute of Management & Research's official 2023 placement report (third-party audited). Undisclosed values show "—".
Cite this page · free with attribution
Bhavan's S.P. Jain Institute of Management & Research placements 2023 — Collvera Placement Index (verified from Final Placement Report 2021-23, audited by Gandhi and Lakhani Chartered Accountants). collvera.com/placements/spjimr-mumbai/2023. Accessed 2026-09-23.