SP Jain Institute of Management and Research Mumbai
(SPJIMR)Last Updated: Jun 18, 2026
Established
1981
Campus Size
45.00 Acres
Total Students
700
Faculty
65
Student-Faculty
11:1
Average Packages and Salary Outcomes at SPJIMR Mumbai
Average Package Analysis - SPJIMR Mumbai
SPJIMR's average of ₹30.50 LPA is among the top 10 in India - outperforming several IIMs. The BFSI sector drives the highest packages (₹28-42 LPA) due to Mumbai's financial capital status. SPJIMR's AACSB accreditation adds international salary benchmarks for students pursuing global careers.
Package Distribution (2024)
| Package Range | % of Batch | Typical Roles |
|---|---|---|
| ₹45+ LPA | 12-15% | IB, Strategy consulting, PE/VC |
| ₹30-45 LPA | 30-35% | BFSI, Consulting, Tech PM, FMCG brand |
| ₹22-30 LPA | 35-40% | General management, IT, operations, marketing |
| ₹15-22 LPA | 10-15% | Niche roles, social enterprise, startups |
Sector-Wise Package Analysis
| Sector | Average CTC | Highest CTC | Key Recruiters |
|---|---|---|---|
| BFSI | ₹30-45 LPA | ₹60 LPA | Goldman Sachs, JP Morgan, Citi, HSBC |
| Consulting | ₹32-48 LPA | ₹55 LPA | Accenture Strategy, Deloitte, EY-Parthenon |
| FMCG | ₹24-35 LPA | ₹42 LPA | HUL, P&G, Marico, Godrej |
| IT/Tech | ₹26-40 LPA | ₹52 LPA | Amazon, Microsoft, Google, Flipkart |
| General Mgmt | ₹24-34 LPA | ₹40 LPA | Reliance, Aditya Birla, Mahindra |
| Healthcare | ₹22-32 LPA | ₹38 LPA | Abbott, J&J, Cipla |
SPJIMR Package Trend
| Year | Average CTC | Median CTC | Highest CTC |
|---|---|---|---|
| 2021 | ₹24.50 LPA | ₹22 LPA | ₹48 LPA |
| 2022 | ₹26.80 LPA | ₹24 LPA | ₹52 LPA |
| 2023 | ₹28.50 LPA | ₹25.50 LPA | ₹58 LPA |
| 2024 | ₹30.50 LPA | ₹27 LPA | ₹60 LPA |
SPJIMR's 24% growth (₹24.50 to ₹30.50 LPA) over 3 years reflects expanding BFSI and consulting recruitment. The Mumbai premium - access to BKC's financial district within 30 minutes - is SPJIMR's structural advantage. For BFSI-focused careers, SPJIMR offers outcomes comparable to IIM B/C at 15-20% lower fees.
Average Packages at SPJIMR
Highest Package
₹75.00 LPA
Average Package
₹33.75 LPA
Median Package
₹32.85 LPA
Year-wise Package Trends
| Year | Highest | Average | Median | Lowest |
|---|---|---|---|---|
| 2026 | ₹75.00 LPA | ₹33.75 LPA | ₹32.85 LPA | - |
| 2025 | ₹89.00 LPA | ₹33.60 LPA | ₹32.85 LPA | ₹15.00 LPA |
| 2024 | ₹81.00 LPA | ₹33.00 LPA | ₹31.50 LPA | ₹14.00 LPA |
Disclaimer: Average, median and highest salary package figures displayed for SPJIMR graduates are based on publicly reported placement data and media sources. These figures are indicative and may not represent actual offers received by all students. FreeJobAlert.com is not responsible for discrepancies. Refer to SPJIMR's official placement reports for verified package data.