SPJIMR's PGPM batch bags Rs 23.6L average CTC, 20% jump over last year

Bharatiya Vidya Bhavan's S P Jain Institute of Management and Research (SPJIMR) reported a Rs 23.6 lakh average CTC, a 20% increase over the last year for participants of the Post Graduate Programme in Management (PGPM) Class of 2021.

This year, the average CTC of the top 25% and top 50% of the batch are Rs 31 lakh and Rs 28.7 lakh respectively.

PGPM is a one-year full-time AICTE-approved executive programme (preceded by three months of online learning) for professionals with five years of work experience and strong domain expertise who wish to accelerate their careers into leadership roles in general management.


The placement process involved 75 companies and 130 participants. This season saw active participation across diverse companies, with consulting accounting for 51% of the hiring, and technology for 39%.

Several new companies joined the process this year. Recruiters included Accenture, Bain, Bristlecone, Cognizant, Flipkart, IBM, Indegene, Infosys Consulting, KPMG, LTI, O9Solutions, Redington, Robosoft Technologies, Sapient, Stovecraft, Thoucentric, Tiger Analytics and Xpressbees amongst others.

SPJIMR's Dean, Dr Varun Nagaraj, said, "It is heartening to see these results in a difficult Covid-hit year. We are confident that India Inc. will benefit from the drive and innovation that our participants will bring to their organisations”.