SPJIMR Placements 2024: 350 PGDM Students Secure Internships With Average Stipend Of 3.15 Lakh

New Delhi: Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR) has successfully concluded its final Autumn placement cycle for the Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Management (Business Management) [PGDM (BM)] 2025 cohort. The batch, comprising 341 students, secured prestigious autumn internships with top-tier companies, boasting an impressive average stipend of ₹3,15,000.

This year’s placement cycle saw an overwhelming response from industry leaders, with 75 companies extending 390 offers. The Fast-Moving Consumer Goods (FMCG) sector emerged as the dominant recruiter, absorbing 35% of the batch, followed closely by the consulting sector, which accounted for 21% of placements. The median stipend for the batch reached a record ₹3,10,000, reflecting a 3.5% increase from the previous year. The top 50% of the cohort received an average stipend of ₹4,17,000, marking a significant achievement for the institute.

Students were offered roles across various domains, including Corporate Strategy, Investment Banking, Private Equity, Product Management, Analytics, E-Commerce, General Management, Corporate Finance, Corporate IT, Healthcare, Sales & Marketing, Branding, Operations, and Supply Chain. This diversity highlights the broad spectrum of opportunities available to SPJIMR students, reinforcing the institute's reputation for producing industry-ready professionals.

Prof. Varun Nagaraj, Dean of SPJIMR, expressed his pride in the students’ accomplishments and gratitude to the industry partners for their continued support. "I encourage our students to make the most of their internships, leveraging this invaluable experience to grow both professionally and personally," he said.

The two-year full-time PGDM program at SPJIMR offers a unique feature in the form of Autumn internships, allowing students to undertake corporate projects during their second year of study. This is preceded by a term focused on their chosen specializations and a social internship in the first year, offering a well-rounded educational experience.

Prof. Renuka Kamath, Associate Dean of Full-time Programmes at SPJIMR, highlighted the strong relationships between the institute and its industry partners. "With an increased batch size, the support of our industry partners demonstrated SPJIMR’s strong and steadfast relationships with them. It also served as a testament to the significant contributions of SPJIMR graduates in developing the leadership pipeline within organizations," she noted.

This year’s Autumn placement cycle saw a record increase in offers for Investment Banking/Private Equity and Product Management roles, with offers rising by over 110% and 400% respectively, compared to the previous year. Notable recruiters included DC Advisory, Nomura, JM Financials, Edelweiss Alternatives, American Express, Intuit, Tata Digital, and Samsung Research.

Prof. Ashita Aggarwal, Chairperson of the PGDM and PGDM (BM) programs, praised the students' performance during the recruitment process. "It was heartening to witness our students’ performance during the Autumn recruitment process as they secured opportunities aligned with their skills and aspirations. The success of the internship program is a testament to the strength of our curriculum and the school’s commitment to excellence," she said.

This year, 22 first-time recruiters participated in the Autumn placement cycle, with new additions such as the National Infrastructure Investment Fund (NIIF), Info Edge, Motilal Oswal, HSBC, Kenvue, Lupin, Lenskart, Titan, Angel One Wealth, Henkel, and Aequitas Investments.

The 2025 cohort's Autumn Internship Cycle marks the end of an era as SPJIMR transitions to the Summer Internship Cycle for the PGDM and PGDM (BM) batch of 2024-2026, scheduled to begin in September 2024. This shift underscores SPJIMR’s commitment to evolving with the times and continuing to offer its students unparalleled opportunities in the world of business and management.