Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay, is a premier B-school offering a world-class MBA program for aspirants seeking excellence in their management careers. Renowned for its unique blend of technical and managerial expertise, SJMSOM equips students with industry-relevant skills. With strong industry ties, SJMSOM offers great internship opportunities and a 100% placement record. If you’re planning to pursue an MBA in 2025, SJMSOM IIT Bombay is a name that is worth considering. Read on to learn why it deserves a spot on your list.
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The important highlights of the SJMSOM IIT Bombay MBA programme and the highest package offered in the history of IIT Bombay MBA placement can be seen below.
| Particulars | Details |
|---|---|
Established year | 1995 |
Institute type | Constituent College |
NIRF 2024 Management Ranking | 10 |
SJMSOM IIT Bombay Courses | MBA |
SJMSOM IIT Bombay Highest Salary Package | Rs. 72 LPA |
Total Students | 383 |
Total faculty | 26 |
Check out: SJMSOM IIT Bombay Admission 2025: Dates, Registration, Fees, Eligibility
SJMSOM IIT Bombay completed the campus recruitment for 2024 with a 100% placement rate. Out of the total number of companies that visited the campus, 11 are the new recruiters. 47% of the batch receiving the PPOs reflected one of the best IIT offering MBA. The detailed salary packages offered at IIT Bombay MBA programmes are mentioned below.
The reason for selecting SJMSOM IIT Bombay MBA can be understood from the placement statistics 2022-24. IIT Bombay Placement cell acquired a 100% record for the last 3 to 4 years.
SJMSOM IIT Bombay MBA Salary Packages | IIT Bombay MBA Salary |
IIT Bombay MBA Highest Package | Rs. 72 LPA |
Average woman CTC offered | Rs. 29.31 LPA |
Median Package | Rs. 26.73 LPA |
IIT Bombay MBA Average Package | Rs. 28.01 LPA |
Total Recruiters | 48 |
The IIT Bombay placement cell conducts the placements every year by inviting recruiters from various sectors. The highest percentage of recruitment is done in BFSI, with 23%, followed by Pharma, with 21%. See the percentage of placement made in the different domains in 2022-24.
Domain | Percentage |
BFSI and Conglomerate | 23% |
Pharma and others | 21% |
Consulting | 19% |
IT and e-commerce | 18% |
FMCG /FMCD | 16% |
The table below highlights why pursuing an MBA at SJMSOM IIT Bombay can be a valuable decision. Over the past four years, the institute has consistently offered an impressive average package exceeding ₹20 LPA. The placement statistics, showcasing the number of graduates hired by top firms, reflect the institute’s strong industry connections and commitment to excellence.
Particulars | IIT Bombay MBA Placements 2020-21 | IIT Bombay MBA Placements 2021-22 | IIT Bombay MBA Placements 2022-23 |
Number of graduates | 108 | 115 | 115 |
Number of students placed | 108 | 114 | 115 |
Median IIT Bombay MBA Package | Rs. 22 LPA | Rs. 25.76 LPA | Rs. 26.64 LPA |
The top companies that attended the SJMSOM IIT Bombay MBA placements in the latest campus recruitment are mentioned in the table below. Companies from various sectors like IT, Finance, Manufacturing, E-Commerce, and Airlines hired the IIT Bombay MBA graduates.
Accenture | Amazon | ICICI Bank |
TATA Steel | EY | PwC |
Hindustan Unilever Limited | Asian Paints | Reliance |
As per data sourced from LinkedIn, approximately 4,680 graduates completed their MBA from Shailesh J. Mehta School of Management, IIT Bombay. Of these, around 85.3% are based in India, working with top organizations and earning some of the best MBA salary packages in the country. Meanwhile, 14.7% of graduates have pursued careers abroad, highlighting the global appeal of the program.
An MBA from IIT Bombay opens doors to exceptional career prospects in India and beyond. Below is a list of top companies where SJMSOM IIT Bombay alumni have worked or are currently employed.
Top Companies | Total Alumni | Currently Employed Alumni | Previously Employed Alumni |
Accenture | 262 | 78 | 184 |
ICICI Bank | 170 | 36 | 134 |
Deloitte | 161 | 51 | 110 |
IBM | 151 | 27 | 124 |
Procter and Gamble | 150 | 59 | 91 |
Amazon | 134 | 41 | 93 |
Capgemini | 132 | 26 | 106 |
Asian Paints | 108 | 31 | 77 |
EY | 97 | 29 | 68 |
Flipkart | 92 | 25 | 67 |
Yes Bank | 85 | 30 | 55 |
PwC | 74 | 24 | 50 |
With an average MBA package exceeding Rs. 28 LPA, SJMSOM IIT Bombay ensures the highest return on investment for the MBA programmes offered. The institute’s focus on innovation and leadership makes the graduates excel in the global market. IIT Bombay’s alumni network and industry connections provide tremendous opportunities for IIT graduates to do internships, projects and case studies to gain technical knowledge and understand the current business environment. If you are targeting an MBA in 2025, SJMSOM IIT Bombay should top your list for unmatched reputation and career prospectus.
Candidates who meet the MBA eligibility criteria and IIT Bombay CAT cutoff marks can register for the SJMSOM IIT Bombay MBA admission. CAT cutoff percentiles of 80 to 90+ are considered for the shortlist. SJMSOM IIT Bombay MBA admission is based on the CAT score, performance in the personal interview, previous academic qualifications and work experience (if any).
Frequently Asked Questions (FAQs)
Yes, getting an MBA admission in 2025 at IIT Bombay is considered to be the best chance for the MBA aspirant to start their management career on the right track. SJMSOM IIT Bombay has secured the 10th position in the NIRF 2024 ranking management category.
Yes, the IIT Bombay MBA registration will be closed on January 31, 2025. Applicants who meet the IIT Bombay CAT cutoff will be called to attend the interview process.
Some of the top companies that hired the IIT Bombay MBA graduates are Accenture, Amazon, PwC. TATA, Reliance, Asian Paints and others.
The highest IIT Bombay salary package offered in the placemats 2024 comes to around Rs. 72 LPA and the average package is Rs. 28.01 LPA.
On Question asked by student community
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Highest CTC 16 LPA | Top Recruiters: Accenture, TCS, Tech Mahindra, Capgemini
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
Ranked as the 3rd Best Private University in Gujarat by Education World
AICTE Approved | NBA Accredited | NAAC A+(2nd Cycle) Accredited. Highest CTC: 24 LPA | Average CTC: 11.17 LPA
98.74% Students Placed | 180+ Recruiters on Campus | Average CTC 7.25 LPA
Last Date to Apply: 30th May | #36 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships