How is SPJIMR's placement report better than IIMs including IIM Calcutta and as good as IIM Ahmedabad (both Average and Median)?

This year's average annual salary of SPJMIR (cost-to-company) is INR 32.05 lakhs per annum, representing a 23% increase over last year's figure. The median annual salary was INR 30.10 lakhs per year, with over 59 percent of the batch receiving offers in excess of INR 30 lakhs per year and over 87 percent receiving offers in excess of INR 25 lakhs per year.

With the increasing intake of consulting firms, offers were extended to 91 students, the highest number ever reported by SPJIMR for a batch. Accenture Strategy, Alvarez & Marsal, Bain & Co., Boston Consulting Group, Deloitte, GEP, KPMG, Miebach, and PwC US Advisory were among the companies that took part.

According to the Indian Placements Reporting Standards (IPRS) audited report of IIM Ahmedabad placements 2021, the average salary offered to the PGP/MBA batch 2019-21 was INR 27.54 lakh per annum. The highest annual salary offered was INR 55.00 lakh, while the highest international salary offer was INR 1.16 crore. The average annual international salary offer was INR 74.80 lakh. 

Every year, SPJIMR includes some additional component in addition to the MEP (MEP already includes non-cash, long-term, and performance-linked components as per IPRS standards), whereas IIMA does not.

Yes, SPJIMR benefits from NO reservation, a Mumbai location, and a smaller batch size, all of which contribute to a good placement record and a high average salary.