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SJMSOM IIT Bombay Final Placements 2024 : Average Salary at 28.01 Lakhs

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Team InsideIIM
Team InsideIIM

The Shailesh J. Mehta School of Management (SJMSOM) IIT Bombay has successfully concluded its final placements process for the 2022-2024 batch. Students secured coveted positions across various sectors such as BFSI, Conglomerates, Consulting, E-commerce, FMCG/FMCD, and IT, among others. Many students received offers tailored to their interests, with 47% obtaining pre-placement offers from their summer internships. Established recruiters reaffirmed their confidence in our institution, while the addition of new recruiters underscores the strength of our brand. Notable newcomers this season include Air India, AM/NS, Cipla, Dr. Reddy’s, Hexaware Technologies, IDFC First Bank, Seclore, TAS, TATA Communications, and United Breweries Limited.

Key Insights:

  • Median CTC: INR 26.73 Lakhs
  • Average CTC: INR 28.01 Lakhs
  • Top 25th percentile average: INR 38.29 Lakhs
  • Top 50th percentile average: INR 33.82 Lakhs
  • Top 75th percentile average: INR 30.71 Lakhs
  • Highest CTC: INR 72 Lakhs
  • Recruiting Companies: 48
  • Women's Average CTC: INR 29.31 Lakhs
  • PPO Rate: 47%
  • PPO Average CTC: INR 29.97 Lakhs

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Sector- Wise Turnout 

Sector Companies Percentage of Batch Recruited
BFSI Axis Bank, Edelweiss, ICICI Bank, IDFC First Bank, and JPMC, offered roles such as Investment Banking, Strategy, and Wholesale Banking, among others. Top conglomerates like Adani, Reliance, TAS and, Vedanta offered roles in General management, Operations & SCM, and Strategy. 23%
Consulting Accenture Strategy, Deloitte USI, GEP, Kearney, PwC, Synergy Consulting, and others offered highly sought after profiles such as Cybersecurity Consulting, Financial Consulting, M&A Consulting, Operations Consulting, Strategy Consulting, Supply Chain Consulting, and Procurement Consulting. 19%
E-Commerce & IT Amazon, Accenture, Axtria, eBay, EXL Analytics, Flipkart, HCLTech, Hexaware Technologies, Merilytics, Seclore, and Wipro extended offers to the students in the fields of Analytics, Product Management, Project & Program Management, and Operations & Supply Chain Management. 18%
FMCG/FMCD Asian Paints, Britannia, Colgate Palmolive, HUL, L’Oréal, Marico, Mondelēz, P&G, and Reckitt offered roles in fields such as Information Technology, Operations & Supply Chain Management, Sales & Marketing, and Systems. 19%
Pharma & Others Air India, AM/NS, Atomberg, Cargill, Cipla, Diageo Business Services, Dr. Reddy’s, Landmark Group, PlaySimple Games, Sobha Realty, TATA Communications, and United Breweries Limited extend offers in Product Management, Operations & SCM, and Sales & Marketing. 21%

Message from the Placement Desk

Congratulating the students on their stellar achievement, Prof. Mayank Pareek, the Faculty Coordinator from the Placement Desk, expressed immense pride in the outstanding opportunities received by the students. He remarked,

"Shailesh J. Mehta School of Management, IIT Bombay has completed the final placements for the 28th batch of the MBA program. Despite a tough placement season across business schools, SJMSOM had 48 recruiters visit the school. The performance of the school has been on the rise and continues to be one of the top choices for the companies. A variety of roles were offered by the recruiting companies that align with the interests of the students. The addition of 11 new recruiters and retaining 77% of recruiters in this season reflects the brand of the school. At this moment, I would like to thank all the visiting recruiters for placing their trust in the school, and the faculties and alumni of the school for extending their support in completing the final placements. I wish the students the very best in their careers.”

Also Read:

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IIM Visakhapatnam Final Placements 2024

IIM ROHTAK Final Placements 2024

SIBM Pune Final Placements 2024

SIBM Pune Final Placements 2024

ISB PGP 2024 Placements 2024

Frequently Asked Questions 

  1. What is the median and average CTC for graduates of SJMSOM, IIT Bombay?
  • Median CTC: INR 26.73 Lakhs
  • Average CTC: INR 28.01 Lakhs
  1. What is the highest CTC offered to graduates from SJMSOM, IIT Bombay?
  • Highest CTC: INR 72 Lakhs
  1. How many recruiting companies participated in the placement process at SJMSOM, IIT Bombay?
  • Recruiting Companies: 48
  1. What is the average CTC for women graduates from SJMSOM, IIT Bombay?
  • Women Average CTC: INR 29.31 Lakhs
  1. What is the percentage of Pre-Placement Offers (PPOs) received by students at SJMSOM, IIT Bombay, and what is the average CTC for those offers?
  • PPO Rate: 47%
  • PPO Average CTC: INR 29.97 Lakhs

 

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SJMSOM IIT Bombay MBA Placements 2024: Highest Salary INR 72 LPA