Class of 2027 at SPJIMR bags average stipend of Rs 1.66 lakh per month

Members of the Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Management (Business Management) class of 2027 at Bharatiya Vidya Bhavan’s SP Jain Institute of Management & Research (SPJIMR) have received an average stipend of Rs 1.66 lakh per month and a median stipend of Rs 1.71 lakh per month. The highest stipend touched Rs 2.5 lakh per month.

The 361-member cohort received 425 internship offers from 81 leading companies, including 22 first-time recruiters. The top 50% of students received an average of Rs 2 lakh per month, while the top 20% were offered Rs 2.16 lakh per month.

“The upward trajectory in stipend offers reinforces SPJIMR’s mission of shaping industry-ready professionals who apply wise innovation and can contribute meaningfully to create impact from the very start of their careers,” said Varun Nagaraj, dean, SPJIMR.


As much as 32% of students got placed in consulting roles, 24% in fast-moving consumer goods (FMCG) and 10% each in project management (PM), investment banking and private equity (IB/ PE), and general management. Within finance, 30% of students secured IB/PE roles.

Notably, IB/PE offers more than doubled at 112% while PM offers rose by more than 56% compared with the previous summer cycle, the institute said in its release.

“The increase in high-value offers in critical domains such as product management and investment banking/private equity is testimony to the depth of our curriculum and the way it equips students to deliver impact across diverse industries,” said Renuka Kamath, associate dean, full-time programmes.

Among the 22 first-time recruiters were companies like Alvarez & Marsal, Airtel, Dabur, Diageo, HCCB, Mastercard, Perfetti Van Melle, etc.