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SJMSOM Placements 2023: Average Package: INR 28.88 LPA & Highest Package: INR 54 LPA

Mumbai, MaharashtraEstd 1995
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SJMSOM Placements 2023 final report has been released. According to the report, SJMSOM highest package stood at INR 54 LPA whereas SJMSOM average package increased by 11% at INR 28.88 LPA. The highest number of students were placed in the FMCG/FMCD (24%) & Congloremates (24%) sector. Students received 50% pre-placement offers. Recruiters like ICICI Bank, JP Morgan Chase & Co, Accenture Strategy, Deloitte, IBM, Pwc etc participated in SJMSOM Placements 2023. 

SJMSOM Summer Placements 2024 final report has also been released. According to the report, SJMSOM highest stipend increased by 20% at INR 4 Lakhs per month whereas SJMSOM average stipend increased by 26% at INR 3.03 Lakhs per month. 

To know more click here SJMSOM Admission 2023

SJMSOM Placements 2023 Report

Particulars Placement Statistics 2023 Placement Statistics 2022 Placement Statistics 2021
Number of recruiters - 43 40
Number of new recruiters - 11 16
Placement percentage 100% 100% 100%
Number/Percentage of PPOs 50% 65 45
Highest salary INR 54 LPA INR 49 LPA INR 32.80 LPA
Average salary INR 28.88 LPA INR 25.9 LPA INR 21.96 LPA
Median salary INR 26.64 LPA INR 25.8 LPA INR 22 LPA
Major sectors FMCG/FMCD, Conglomerates Consulting, FMCG / Manufacturing, E.Commerce / IT BFSI, IT, Consulting
Top functions - Deal Analytics, IT Consulting, Management Consulting, Analytics Management, Sales & Marketing Investment Banking, Financial Advisory, Management Consulting, Business Intelligence
Top recruiters ICICI Bank, JP Morgan Chase & Co, Deloitte, PwC JP Morgan Chase, Nomura, Yes Bank, Infosys Consulting, Sun Pharma  Larsen & Toubro, JCB, Flipkart, Collegedunia, Wipro, Hexaware

To know more click here SJMSOM Cut-off

SJMSOM Placements 2022 Salary Statistics

The below table shows the salary statistics offered during the 2022 placement drive:

Particulars Statistics
Highest salary INR 49 LPA
Highest salary (female) INR 32.8 LPA
Average salary INR 25.9 LPA
Average salary (female) INR 29.8 LPA
Top 25% average salary INR 35.4 LPA
Top 50% average salary INR 31.1 LPA
Top 75% average salary INR 28.4 LPA
Median salary INR 25.8 LPA
Median salary (female) INR 28.4 LPA
Lowest salary (finals) INR 17 LPA
Lowest salary (PPO) INR 14 LPA

Top 25% of the total batch received an average salary of INR 35.4 LPA, top 50% received an average salary of INR 31.1 LPA & top 75% received an average salary of INR 28.4 LPA.

The lowest salary during the final placement drive stood at INR 17 LPA. The lowest CTC of the pre-placement offers stood at INR 14 LPA.

The participating female students received an average salary of INR 29.8 LPA. The highest package (female) stood at INR 32.8 LPA. The median salary received by the female students stood at INR 28.4 LPA.

SJMSOM Placements 2022 Sector - Wise Split

The below graph shows the sector-wise data of SJMSOM Placements 2022:

Sector wise placement graph

During the placement drive, the highest number of offers came from the Consulting sector followed by the sectors like FMCG / Manufacturing & E.Commerce / IT. 

As we can see in the above graph, 28% of the total offers came from the Consulting sector, 26% offers came from the FMCG or Manufacturing sector, 23% offers came from the E-Commerce / IT sector, 12% offers came from the BFSI sector & 11% offers came from the Healthcare & other sectors.

The below table shows the sector-wise top functions & major recruiters:

Sectors Top job roles / functions offered Major recruiters
BFSI Business Analyst, Investment Banking Analyst, Liabilities Product Manager, Risk Manager etc  ICICI Bank, Indus Valley Partners, JP Morgan Chase, Nomura etc
Consulting Deal Analytics, IT Consulting, Management Consulting, Operations Consulting etc  Accenture Strategy, Accenture Technology Consulting, Deloitte, USI, GEP etc
E-Commerce Analytics Manager, Operations Manager, Programme Chain Manager, Supply Chain Manager etc Amazon, Ebay, Flipkart etc
IT Analyst, Enterprise Sales, Pre-sales Consultant, product Manager etc  Axtria, Juspay, MAQ Software, EXL Analytics, Wipro etc
FMCG / Manufacturing Operations Management, Supply Chain Management, Sales & Marketing etc  Asian Paints, Britannia, Colgate-Palmolive, Gemini Corporation, Godrej Consumer Products Limited etc 
Healthcare / Others Category Management, Operations Management, Sales & Marketing, Supply Chain Management etc  Cochlear, Johnson & Johnson, OYO Rooms, Sony Pictures, Sun Pharma etc

Also check SJMSOM Courses & Fees

SJMSOM Placements 2022 Domain - Wise Split

The below graph shows the domain-wise split of SJMSOM 2020-22 batch:

Domain-wise split placement graph

The percentage of students stood the highest for the Consulting sector followed by the FMCG / Manufacturing & E-Commerce / IT sectors.

Also check SJMSOM Reviews

SJMSOM Placements Year - Wise Trends

The below table shows the year-wise trends of SJMSOM Placements:

Particulars 2020-22 2019-21 2018-20 2017-19 2016-18
Number of recruiters 43 40 56 41 53
Number of new recruiters 11 16 20 8 20
Number of PPO 65 45 49 52 53
Placement percentage 100% 100% - - -
Highest salary INR 49 LPA INR 32.80 LPA INR 32.80 LPA INR 32.40 LPA INR 32.4 LPA
Average salary INR 25.9 LPA INR 21.96 LPA INR 20.98 LPA INR 20.80 LPA INR 22.59 LPA
Median salary INR 25.8 LPA INR 22 LPA - - -
Batch strength 110 108 111 110 107

In 2022, more recruiters visited the SJMSOM campus compared to the previous year. The number of Pre-placement offers increased by 44.4% in 2022. The highest salary package also increased by nearly 49.39%. The average salary increased by 18.1% compared to last year. The median salary increased from IRN 22 LPA to INR 25.8 LPA. The batch strength in 2022 was also higher than 2021.

Also check SJMSOM Queries

SJMSOM Placements 2022 Top Recruiters

Amazon Flipkart Deloitte
Accenture Colgate ICICI Bank
JP Morgan KPMG OYO
Johnson & Johnson P&G Tata Consumer Products
Infosys GEP Yes Bank

SJMSOM Placements 2022 Batch Profile

The below table shows the profile of the batch 2020-22:

Particulars Statistics
Total batch strength 110
Average age of students 24 years
Average work experience 23 months
Percentage of experienced students  87%

The total batch strength was 110. Average age of the students was 24 years. Average work experience of the batch was 23 months. 87% of the batch was experienced.

The below table shows the detailed work experience of the batch:

Work experience Percentage of students
0-1 year 22%
1-2 years 28%
2-3 years 38%
3 years+ 12%

87% of the total students had previous work experience. 22% of the batch had work experience of 0 to 1 year, 28% of the batch had work experience of 1 to 2 years, 38% of the batch had work experience of 2 to 3 years & 12% of the batch had work experience of more than 3 years.

The below table shows the domain-wise distribution of the students:

Domains Percentage of students
IT / ITES 40%
Operations 31%
Marketing 10%
Consulting 10%
Engineering 6%
Others 5%

The highest number of students had work experience in the IT / ITES domain followed by Operations & Marketing domains.

The below graph shows the branch-wise distributions of the students:

Branch wise placement graph

Majority of the students were from the EE, ECE & Mechanical branches. 27% of the batch were from each EE / ECE branch & Mechanical branch. 18% of the students were from the CSE / IT branch. 8% of the students were from the Civil branch. 20% of the batch were from other backgrounds.

Also check Which is better, SJMSOM or NITIE?

SJMSOM Summer Internship Placements 2024 Report

Particulars Internship Statistics 2024 Internship Statistics 2023 Internship Statistics 2022
Total Number of Students - - 111
Number of Companies Participated 38 45 41
First Time Recruiters 32% - 16
Students Placed - 100% 100%
Highest Stipend INR 4 Lakhs INR 3.66 Lakhs INR 3.2 Lakhs
Average Stipend INR 3.03 Lakhs INR 2.40 Lakhs INR 2.06 LPA
Median Stipend INR 3 Lakhs INR 2.45 Lakhs INR 2 Lakhs

SJMSOM Summer Internship Placements 2022 Salary Statistics 

The following table represents the salary statistics of SJMSOM:

Particulars Statistics
Highest Stipend INR 3.2 Lakhs
Average Stipend INR 2.06 Lakhs
Median Stipend INR 2 Lakhs
Top 30% INR 2.96 Lakhs
Top 50% INR 2.63 Lakhs
Top 80% INR 2.25 Lakhs

During the summer internship placement drive, top 30% students were offered the stipend of INR 2.96 Lakhs.

Also check SJMSOM Ranking 2022 

SJMSOM Summer Internship Placements 2022 Sector-Wise

The following table represents the company wise placements:

Sectors Percentage of offers
FMCG / FMCD 38%
Consulting & IT 20%
BFSI 18%
Others 24%

During the summer internship placement drive, the maximum number of students are placed in the FMCG / FMCD Sector.

SJMSOM Summer Internship Placements 2022 Domain-Wise

The following table represents the domain wise placements of summer internship of 2020-22 Batch:

Domains Percentage Of Students
Marketing 10%
IT / ITES 40%
Engineering 7%
Operations 30%
Consulting 8%
Others 5%

During the summer internship placement drive, the maximum number of students are employed in the IT / ITES domain.

SJMSOM Summer Internship Placements 2022 Experience- Wise

The following table represents the past experience of the students:

Particulars Description
Total Percentage of students with Work Ex. 87%
Average Work Ex. 23 Months
Students with 0-12 Months 22%
Students with 13-24 Months 28%
Students with 25-36 Months 38%
Students with 36+ Months 12%

During the Summer internship placement drive, the maximum number of students had an experience of 25-36 months.

SJMSOM Alumni Network

Name of the organizations Number of alumni
Accenture 72
ICICI Bank 65
Wipro 45
Amazon 43
Procter & Gamble 42
Tata Consultancy Services 42
Deloitte 36
EY 35
IIT Bombay - Shailesh J. Mehta School of Management 35
Flipkart 35
IBM 30
GEP Worldwide 29
Infosys 28
Capgemini  27
Asian Paints  23

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SJMSOM Placements FAQs

Ques. How many recruiters participated in SJMSOM Placements 2022?

Ans. 43 recruiters along with 11 first-time recruiters visited the campus during SJMSOM Placements 2022.

Ques. How are placements at SJMSOM?

Ans. SJMSOM has been maintaining a great placement record for years. During the recent placement drive, the institute has achieved 100% placements. The highest salary package is increasing every year. It stood at INR 49 LPA in 2022. The participating batch received an average salary of INR 25.9 LPA. The institute has maintained an average salary of more than INR 20 LPA for years now.

Ques. What is the average salary received during SJMSOM Placements 2022?

Ans. An average salary of INR 25.9 LPA was received by the students during SJMSOM Placements 2022.

Ques. What kind of salary packages are offered during SJMSOM Placements?

Ans. SJMSOM has recently concluded its 2022 placement drive. During this, the highest salary package stood at INR 49 LPA, average salary stood at INR 25.9 LPA & median salary stood at INR 25.8 LPA. The average salary stood at INR 35.4 LPA for the top 25%, INR 31.1 LPA for the top 50% & INR 28.4 LPA for the top 75%. 

Ques. How many pre-placement offers have been made during SJMSOM Placements 2022?

Ans. 65 pre-placement offers have been made during SJMSOM Placements 2022.

Ques. Who were the top recruiters participating in the SJMSOM Placements 2022?

Ans. Recruiters like Accenture, Infosys, Deloitte, ICICI Bank, JP Morgan, Yes Bank, Colgate Palmolive etc participated in the SJMSOM Placements 2022. 

Ques. What was the highest salary package offered during SJMSOM Placements 2022?

Ans. The highest salary package stood at INR 49 LPA during SJMSOM Placements 2022.

Ques. What was the placement percentage of SJMSOM Placements 2022?

Ans. 100% of the batch got placed during SJMSOM Placements 2022.

SJMSOM Highest and Average Package

Highest PackageAverage Package
54 L
28.88 L
010.8 Lakhs21.6 Lakhs32.4 Lakhs43.2 Lakhs54.0 Lakhs

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The placement team is responsible to bring companies on campus and students are given chance to apply to the companies of their choice. More than 20 companies have visited and more than 120 offers were made.
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VASHODIA CHAHAT RAJINDER MBA, General (Student)Reviewed on Feb 13, 2023
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MBA at SJMSOM

10Helpful
The placement record has been impeccable and is seen improving year after year. The company profile is interesting. The period during the placements gets hectic and the process happens really fast. Need time for its preparation.
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Vinayak Nanda MBA, General (Student)Reviewed on Feb 8, 2023
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In the initial months of the 1st semester, we go through the summer placement process where 100% batch gets placed within a few days and the average stipend for this batch was 3.03 Lakh. The special thing about SJMSOM is that 50-60% of the batch gets PPO from the summer internships itself and thus for the finals only half of the batch competes among each other. The average package for the Final Placement is 28.88 LPA and the highest package is 54 LPA with 100% placement. Almost all top companies from FMCG to Investment Banking participate in the placement process and there are ample opportunities for the students to get their dream roles.
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Agarwal Nidhaan Nawalkishore MBA, General (Student)Reviewed on Feb 8, 2023
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Students are eligible for campus placements from the first semester itself. The companies visiting include all top FMCG companies like HUL, ITC, Asian Paints and more. There are placements in finance and marketing including general management too. All of the batches were placed and 113 offers were made during the placement process itself and there are no exceptions who were placed late. My plans after getting this degree are to learn in a dynamic role and grow horizontally before making a name for myself in the SC role at a decision-making level in the long term future.
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Amartya Anand Thigale MBA, General (Student)Reviewed on Feb 8, 2023
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Students are eligible starting from the 1st semester itself. The highest package offered is 50 Lakhs and the Average is 28.88 Lakhs. The record of placements in the college is 100%. To work in a renowned organization in the desired role and learn all the managerial aspects in the initial phase of my career.
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Rishika Jain MBA, General (Student)Reviewed on Feb 8, 2023
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Students have a Summer Placement and a Final Placement. 100% of students get placed. Summer Placements are conducted for First Year students and Final Placements are conducted for Second Year Students.
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Bhadekar Kalyani Kaustubh MBA, General (Student)Reviewed on Feb 8, 2023
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SJMSOM

8.7Helpful
Campus placements happen in around December for final-year students. 100% placements were observed. The highest CTC for the class of 2023 was 54 LPA, whereas the average CTC stood at 28.88 LPA. Diverse profiles were offered.
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Akanksha MBA, General (Student)Reviewed on Feb 4, 2023
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Campus placements offered the highest package offered. This year was 54 lakhs per annum and the average package offered is 28 lakhs per annum. 100% placement record is maintained by the College and students get Placement in their preferred role.
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Bharti MBA, General (Student)Reviewed on Feb 4, 2023
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Placements Majorly for summer placements operations related companies come for recruitment like Asian Paints, Amazon, Mondelez, P&G, Marico, Adani Wilmar, Kimberly Klark, etc, JPMC comes for finance roles. Roles for final placements are an Operations manager, general manager, etc. Students are eligible for final placements in 3rd semester. 100% of Students get placed. The highest CTC is 54 LPA and the average is 28.88 LPA.
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Student (Anonymous) MBA, General (Student)Reviewed on Feb 2, 2023
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