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IIT Bombay Placement Report
June 12 2024

IIT Bombay Placement Report 2022 - 2024

Shailesh J. Mehta School of Management successfully completed the final placement process for the batch of 2022-2024. The students received highly sought-after roles across various sectors such as BFSI, Conglomerates, Consulting, E-commerce, FMCG/FMCD, and IT, among others. The offers were received in multiple profiles in line with the interests of the students, while 47% of the batch received PPOs from their summer internships. The legacy recruiters re-established their faith in our school, while the participation of new recruiters indicates the strength of the school's brand. New recruiters for the season include Air India, AM/NS, Cipla, Dr. Reddy’s, Hexaware Technologies, IDFC First Bank, Seclore, TAS, TATA Communications, and United Breweries Limited.


SJMSOM IIT Bombay Placement Highlights 2024 Here are a couple of important placement highlights for the  as per the official website:

Particulars Stats/ Salaries
Highest CTC Rs 72 LPA
Average CTC Rs 28.01 LPA
Median CTC Rs 26.73 LPA
Average CTC of top 25% of students Rs 38.29 LPA
Average CTC of top 50% of students Rs 33.82 LPA
Average CTC of top 75% of students Rs 30.71 LPA
Students registered for placements 115
PPO Rate 47%
Students participated in the final placement 112
No. of participating companies 41
New Recruiters 8


SJMSOM IIT Bombay Placement Report

Here is the sector-wise split up of participating companies and profiles offered:


Top BFSI sector companies such as Axis Bank, Edelweiss, ICICI Bank, IDFC First Bank, and JPMC offered roles in Investment Banking, Strategy, and Wholesale Banking, among others. Additionally, leading conglomerates like Adani, Reliance, TAS, and Vedanta provided opportunities in General Management, Operations & Supply Chain Management (SCM), and Strategy. These companies are renowned for their diverse and dynamic career paths, attracting top talent for critical roles that drive their strategic and operational objectives.

Top recruiters include:

Goldman Sachs ICICI Bank Yes Bank
Maybank Nomura RBL Bank


SJMSOM has always been a leading campus for numerous FMCG firms that showed their support by offering multiple profiles in IT, Operations, Sales & Marketing, and Supply Chain Management.

Prominent and well-established companies from the FMCG/FMCD sector, such as Asian Paints, Britannia, Colgate Palmolive, HUL, L’Oréal, Marico, Mondelēz, P&G, and Reckitt, offered roles in fields such as Information Technology, Operations & Supply Chain Management, Sales & Marketing, and Systems. These companies are leaders in their industries, providing diverse and challenging career opportunities that drive their innovative and market-leading products and services.

Top recruiters include:

Asian Paints Britannia Johnson & Johnson
Marico Mondelez Nestle’
Pidilite Proctor & Gamble -

For Consulting/ IT

Prominent consulting companies such as Accenture Strategy, Deloitte USI, GEP, Kearney, PwC, Synergy Consulting, and others offered highly sought-after profiles in Cybersecurity Consulting, Financial Consulting, M&A Consulting, Operations Consulting, Strategy Consulting, Supply Chain Consulting, and Procurement Consulting. These firms are known for their expertise and leadership in the consulting sector, providing professionals with opportunities to work on critical and cutting-edge projects across various industries.

Prominent recruiters include:

Accenture Capgemini Google
GEP Hitachi IBM
ValueLabs Wipro -


For Manufacturing & Conglomerate, The institute saw participation from a number of companies in the manufacturing that continued their ongoing relationship with the institute by hiring aggressively during the final placement process. Top recruiters include:

ACG Worldwide Cummins Piramal
Tata Motors Whirlpool -


For Healthcare & Others

Walking on the footsteps of the last year’s placements, the healthcare and logistics sectors also witnessed an enthusiastic response this year too. The institute witnessed an increased participation from firms like Cochlear and Maersk that offered profiles in departments such as Business Development, Commercial, Sales & Marketing, and Strategy. Not just this, the hospitality sector also made it presence felt with OYO Rooms recruiting for their niche profile in Operations.

SJMSOM IIT Bombay Summer Placements

In addition to the wonderful final campus placements, the institute also successfully completed its summer placement process for the batch 2024. With an increase of 20% percent in the average stipend which stood at Rs 4.40 LPA, the highest stipend offered to this batch was Rs 3 LPA. 

  • Company Split: New companies that participated in placements offered an average stipend of ₹4.40 L, which is a 26% increase compared to the previous year. The highest stipend offered was ₹12.00 L. The majority of the companies were from FMCG/FMCD & Manufacturing (45%) followed by Consulting & IT (21%) and Ecommerce, Healthcare & Others (34%).
  • Student Split: 100% of the students were placed in FMCG/FMCD & Manufacturing.
  • Average Stipend Split: The average stipend for the top 25%, 50%, and 75% of the students were ₹3.93 L, ₹3.49 L, and ₹3.31 L respectively.
  • Student Profile w.r.t Work Experience: A majority of the students (43%) had no prior work experience (0-12 months).
Anisha Mukhija

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