Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], Mumbai Placements
Placements
SJMSOM Mumbai Placements 2024
The IIT Bombay MBA Placements 2024 have concluded with a 100% placement rate. The average package for MBA graduates reached INR 28.01 LPA, while the highest package was INR 72 LPA. Additionally, 47% of students received pre-placement offers. The largest proportion of students, 23%, were placed in the BFSI and Conglomerate sectors, followed by 19% in the Consulting sector. Major recruiters included JP Morgan Chase & Co., ICICI Bank, Kearney, Deloitte, Accenture Strategy, and Flipkart.
The Summer Internship Report for the 2023-25 MBA batch at IIT Bombay has also been released. The highest stipend was INR 5 Lakhs for a 2-month period, with an average stipend of INR 2.92 Lakhs. Top recruiters for internships included ICICI Bank, JP Morgan Chase & Co., Deloitte, Wipro, and Flipkart.
IIT Bombay MBA Placements 2024 Report
| Particulars | Placements Statistics (2024) | Placements Statistics (2023) |
|---|---|---|
| Placement rate | 100% | 100% |
| Highest Package | INR 72 LPA | INR 54 LPA |
| Average Package | INR 28.01 LPA | INR 28.88 LPA |
| Average Package (Female Students) | INR 29.31 LPA | INR 29.35 LPA |
| Average Package (PPO) | INR 29.97 LPA | INR 30.35 LPA |
| Top 25 Percentile Average Package | INR 38.29 LPA | INR 40.80 LPA |
| Top 50 Percentile Average Package | INR 33.82 LPA | INR 34.58 LPA |
| Top 75 Percentile Average Package | INR 30.71 LPA | INR 31.41 LPA |
| Median Package | INR 26.73 LPA | INR 26.64 LPA |
| Top Recruiting Sector | BFSI & Conglomerate | FMCG / FMCD |
| Top recruiters | JP Morgan Chase & Co, ICICI Bank, Kearney, Deloitte, Accenture Strategy, Flipkart | Accenture, EXL, Amazon, ITC,Google, JIO, Wipro, Marico, HCLTech and TCS |
IIT Bombay MBA Average Package 2024
The average package for IIT Bombay MBA placements in 2024 saw a decrease, going from INR 28.88 LPA in 2023 to INR 28.01 LPA. The table below presents the year-wise trend of the average package at SJMSOM IIT Bombay:
| Placement Year | IIT Bombay MBA Average Package |
|---|---|
| 2024 | INR 28.01 LPA |
| 2023 | INR 28.88 LPA |
| 2022 | INR 25.9 LPA |
| 2021 | INR 21.96 LPA |
| 2020 | INR 20.98 LPA |
| 2019 | INR 20.80 LPA |
IIT Bombay MBA Highest Package 2024
The highest package for IIT Bombay MBA placements in 2024 increased significantly, rising from INR 54 LPA in 2023 to INR 72 LPA. The following table displays the year-wise trend of the highest packages at SJMSOM IIT Bombay:
| Placement Year | IIT Bombay MBA Highest Package |
|---|---|
| 2024 | INR 72 LPA |
| 2023 | INR 54 LPA |
| 2022 | INR 49 LPA |
| 2021 | INR 32.80 LPA |
| 2020 | INR 32.80 LPA |
| 2019 | INR 32.40 LPA |
IIT Bombay MBA Summer Internship Placements 2025 Report
| Particulars | Internship Statistics (2025) | Internship Statistics (2024) |
|---|---|---|
| Number of Recruiters | 45 | 38 |
| Percentage of New Recruiters | 36% | 32% |
| Number of Students | 116 | 113 |
| Highest Stipend | INR 5 Lakhs | INR 4.40 Lakhs |
| Average Stipend | INR 2.92 Lakhs | INR 3.03 Lakhs |
| Median Stipend | INR 3 Lakhs | INR 3 Lakhs |
| Major Sector | FMCG / FMCD | FMCG / FMCD & Manufacturing |
| Top Recruiters | ICICI Bank, JP Morgan Chase & Co., Deloitte, Wipro, Flipkart | Accenture, Deloitte, Asian Paints, P&G, Google |
Additional highlights include:
- The median stipend for the top 25 percentile was INR 4.5 Lakhs, while it stood at INR 3.5 Lakhs and INR 3.2 Lakhs for the top 50 and 75 percentiles, respectively.
- Female students received an average stipend of INR 3.27 Lakhs.
- 28% of the batch received offers exceeding INR 3.5 Lakhs.
Yearwise
| Year | Companies Visited | Highest Package | Average Package |
|---|---|---|---|
| 2024 | 72 LPA | 28.01 LPA |