SPJIMR Summer Placements 2026–28: Average Stipend ₹1.86 Lakh

SPJIMR Summer Placements 2026-28: Average Stipend at ₹1.86 Lakh, Median at ₹2 Lakh Per Month

SPJIMR has announced the summer placements for its 2026-28 batch, covering participants from its PGDM and PGDM (BM) programmes. The placement report highlights internship outcomes across sectors, stipend trends, and recruiter participation, offering insights into the opportunities available to students during their summer internships.

SPJIMR Summer Placements 2026-28: Key Highlights

All participants in the batch secured summer internships, achieving a 100% placement rate. The placement cycle saw participation from companies across sectors, with improvements in average, median and highest monthly stipends compared with the previous batch.

The median monthly stipend of ₹2 lakh represents the midpoint of the batch's stipend distribution, while the average stipend stood at ₹1.86 lakh per month. These figures reflect summer internship compensation and should not be confused with final placement salaries or annual cost-to-company (CTC) packages.

SPJIMR Summer Placements 2026-28 vs 2025-27

The Class of 2028 recorded growth across all the major stipend parameters reported by the institute. The average monthly stipend increased from ₹1.66 lakh to ₹1.86 lakh, while the median stipend rose from ₹1.71 lakh to ₹2 lakh.

The highest monthly stipend also increased from ₹2.50 lakh to ₹3 lakh.

Source: SPJIMR's official summer placement announcement.

The average monthly stipend increased by ₹20,000, while the median rose by ₹29,000. The highest monthly stipend recorded an increase of ₹50,000.

The number of participating companies also rose from 81 to 91. Meanwhile, first-time recruiter participation increased from 22 to 37, bringing more organisations into the campus internship process.

Average Stipend for the Top 50% and Top 20% of Students

SPJIMR also reported the average monthly stipends earned by participants in the top half and top fifth of the batch.

The top 50% of participants recorded an average monthly stipend of ₹2.18 lakh, compared with ₹2 lakh for the previous batch, representing a 9% increase.

For the top 20% of participants, the average monthly stipend reached ₹2.44 lakh, up from ₹2.16 lakh in the Class of 2027. This marked a 13% year-on-year increase.

These figures provide additional context on stipend outcomes beyond the overall average and median. However, the institute has not published a complete stipend distribution for all participants in the announcement.

FMCG and Consumer Leads Sector-Wise Hiring at SPJIMR

FMCG and Consumer emerged as the largest recruiting sector during SPJIMR's summer internship placement cycle for the Class of 2028, accounting for 33.1% of placements.

Consulting was the second-largest sector, contributing 23.5% of placements, followed by Banking, Financial Services and Insurance (BFSI) at 20.2%.

General Management and Conglomerates accounted for 7.6% of placements, while Technology, E-Commerce and Product roles contributed 5%. The remaining placements came from sectors including Automotive, Pharmaceuticals, Media, Energy, Real Estate, Engineering, Healthcare and Biotech.

FMCG and Consumer, Consulting, and BFSI together accounted for 76.8% of placements. The distribution highlights the significant role these sectors played in recruiting SPJIMR's summer internship batch.

The sector-wise data also reflects the range of career paths available to management students, spanning brand management, consumer businesses, consulting, financial services, general management and technology-oriented roles.

However, the published announcement does not provide a breakdown of stipends by sector, company or job function. It is therefore not possible to determine which sector offered the highest average stipend based on the available data.

37 First-Time Recruiters Participate in the Placement Process

SPJIMR reported that 37 companies recruited from the institute for the first time during the 2026-28 summer placement cycle, compared with 22 in the previous batch.

The institute specifically named the following first-time recruiters in its announcement:

The institute reported 91 participating companies overall. The press release explicitly names these 18 first-time recruiters but does not provide a complete list of all 37.

The new recruiters represent a range of industries, including consumer goods, financial services, technology, pharmaceuticals and automotive. Their participation expands the range of organisations represented in the internship process.

Source: SPJIMR's official summer placement announcement for the Class of 2028