SJMSOM Placement Details

Divya Verma

SJMSOM placements 2023 concluded with a 100% success rate. All the 115 students who appeared for the placement drive were successfully placed. The highest package for SJMSOM placements for 2023 is INR 54 LPA, and the SJMSOM average package is recorded at INR 28.88 LPA.

In the same placement drive, the institute recorded the median package as INR 26.64 LPA. An 11% per cent increase in the average salary package was observed for SJMSOM placements 2023.

With Many companies visiting the campus or engaging in online activities for placement, 50% of eligible students received PPO offers during SJMSOM IIT Bombay placements.

Table of Contents

• Placement Highlights
• Placement Achievements
• Top Recruiters
• Placement Statistics
• Placement Cell
• Internship

SJMSOM Placements Highlights 2023

SJMSOM is the management school of IIT Bombay and continues the trends of high education and high placement statistics. With a gender diversity of 23%, the batch reached new heights in terms of SJMSOM highest package offered.

The average package offered at the drive was INR 28.88 LPA, and the lowest package offered was INR 20 LPA. More highlights related to SJMSOM placements 2023 are given below:

SJMSOM Placements Achievements 2023

As the SJMSOM placements are reported to set various records and has seen a significant growth in placement results, a few of the achievements are discussed below:

• SJMSOM saw a 32% increase in the highest CTC offered to female students.
• SJMSOM placements record an increase of 11% in the average salary offered overall.
• Almost 25% of SJMSOM students received offers an average offer of INR 40.8 LPA.
• 50% of the SJMSOM batch bagged more than 34 LPA.
• SJMSOM observed an increase in PPO percentage from 44% to 50%

SJMSOM Top Recruiters

SJMSOM placements 2023 hosts some of the top recruiting companies during its placement drives. Many Fortune 500 companies from different sectors participated and showed interest in recruiting students for various roles.

The SJMSOM top recruiters are listed below:

SJMSOM Placements Statistics 2023

The SJMSOM IIT Bombay placements in 2023 set new records in terms of final placements, income statistics, and the length of the placement procedure. Below are some SJMSOM placements statistics, including SJMSOM wage trends and offers broken down by domain.

SJMSOM Salary Trend 2023

The SJMSOM highest package has increased from INR 49 LPA in 2022 to INR 54 LPA in 2023. The following table shows the SJMSOM IIT Bombay placements details for the last two years (2022 to 2023):

The graph below shows the salary trend during the SJMSOM IIT Bombay placement from 2022 to 2023:

SJMSOM Domain-wise Statistics 2023

As per the SJMSOM placements 2023, around 75% of students received offers above INR 30 LPA from recruiting companies, and the highest percentage of hiring went to the IT/ITES sector.

The domain-wise statistics of the SJMSOM IIT Bombay placements are as follows:

The details of the hiring percentage during SJMSOM placements 2023 are given in the graph below:

SJMSOM Placements Year-Wise Trends

The SJMSOM average package for the top 25 students stood at INR 40.80 LPA during the SJMSOM placements. The average salary package for 50% of the batch was more than INR 34 LPA.

The year-wise trend regarding the compensations at SJMSOM placements for the last three years is listed below:

Details of the above table showing year-wise trends of SJMSOM placements 2023 are given in the graph below:

SJMSOM Placement Year-Wise Package Trend (Females) 2023

In SJMSOM placements 2023, gender diversity for the batch was 23%. There has been a consistent increase in the number of female students and packages offered.

The year-wise SJMSOM salary trend for female students from 2022 to 2023 is given below:

Given in the graph below are the details of year-wise salary trends for female students during SJMSOM IIT Bombay placements:

SJMSOM Other Recruiters

Many recruiters were part of SJMSOM placements in 2023. A brief list of SJMSOM top recruiters is given in the table below:

SJMSOM Placement Cell

SJMSOM has its own placement department that is separate from that of IIT Bombay. The SJMSOM placement cell or placement department has two coordinators and a group of experts, making the placement team efficient. This team is responsible for the final placement and summer placements or internships of the ongoing batch.

The main responsibility of the SJMSOM placement cell is to maintain an open communication channel between the students and the recruiters and solve all queries at both ends. The SJMSOM placements team also actively organises courses to improve the communication and other skills necessary for various recruitment activities.

SJMSOM Internship

SJMSOM IIT Bombay has summer placement or internship as part of its curriculum, thus making it compulsory for all students to actively participate. The SJMSOM summer placements bring an opportunity for all students of paid internships. The internship highlights of the SJMSOM IIT Bombay are given below:

SJMSOM Internship Statistics 2024

During SJMSOM SIP 2023, a total of 38 companies participated in the internship drive, of which 32% of new companies were part of the recruiting team. The maximum stipend offered was INR 4.40 Lakhs, which is 20% more than last year.

More details related to the SJMSOM internship 2024 are given based on different domains.

SJMSOM Domain-wise Internship Offers 2024

SJMSOM students have secured internships in various sectors. The FMCG/FMCD sector hired the highest percentage of students. The table below shows the domain distribution of students based on hiring percentage during SJMSOM IIT Bombay placements:

The number of offers accepted in various domains of students in 2024 is shown in the graph below:

SJMSOM Average Internship Stipend 2024

The SJMSOM highest package during the latest summer internship 2024 drive was INR 4.40 Lakhs. It is 20% higher than the last year. More details of the internship stipend trend for the 2023 and 2024 drive are given below:

The average internship stipend trend is showcased in the graph below:

SJMSOM Internship Recruiters 2024

Companies from a variety of industries have hired SJMSOM IIT Bombay students, including those in sales and marketing, information technology, e-commerce, finance, and consulting.

The companies that took part in the SJMSOM summer placements in 2024 are shown in the table below.