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    IIT Bombay MBA 2026 Placement RELEASED: Median Salary 26 LPA, Average salary increased 9.18% to 28.16 LPA
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    • IIT Bombay MBA 2026 Placement RELEASED: Median Salary 26 LPA, Average salary increased 9.18% to 28.16 LPA

    IIT Bombay MBA 2026 Placement RELEASED: Median Salary 26 LPA, Average salary increased 9.18% to 28.16 LPA

    Suvam MaitiUpdated on 11 Apr 2026, 12:55 PM IST

    The IIT Bombay MBA Placement 2026 report has been released, showcasing strong salary growth and diverse recruiter participation. As per the Shailesh J. Mehta School of Management (SJMSoM) placement 2026 data, the highest package stood at Rs. 53.80 LPA, while the average package increased by 9.18% to Rs. 28.16 LPA. The median salary for the 2024-2026 batch was Rs. 26 LPA. A total of 126 students were placed across 51 companies, with the highest number of offers coming from the pharmaceutical sector (23%), followed by consulting (20%). Notably, several new recruiters participated this year, including Aditya Birla Capital, Alvarez & Marsal, Bajaj Consumer Care, Berger Paints, Ernst & Young, ExxonMobil, Lupin, and Mahindra & Mahindra.

    IIT Bombay MBA 2026 Placement RELEASED: Median Salary 26 LPA, Average salary increased 9.18% to 28.16 LPA
    IIT Bombay MBA 2026 Placement RELEASED: Median Salary 26 LPA, Average salary increased 9.18% to 28.16 LPA

    IIT Bombay MBA 2026 Average Package: Highlights

    The recently published IIT Bombay Placement report highlighted the fact that the 126 students were placed in 51 recruiting companies. While out of these 35.3 % recruiters were new , the IIT Bombay MBA 2024-2026 batch got 35.7 % pre-placement offers. While the SJMSoM 2026 median salary Rs. 26 LPA the IIT Bombay MBA 2026 average CTC is Rs 28.19 LPA. In the table below one can find much more details about the SJMSoM 2026 Average package and the placement -

    SJMSoM Placement 2026

    IIT Bombay MBA Placement 2026

    Batch Size

    126

    Recruiting Company

    51

    Highest CTC

    Rs. 53.80 LPA

    Median CTC

    Rs. 26 LPA

    Average CTC

    Rs. 28. 16 LPA

    PPO Rate

    35.7%

    New Companies

    35.3%

    Top 25% Median CTC

    Rs. 33.36 LPA

    Top 50 % Median CTC

    Rs. 32.00 LPA

    Top 75 % Median CTC

    Rs. 30.95 LPA

    Read more: IIT Bombay MBA Admission 2026

    SJMSoM Work Experience vs Placement 2026

    In the IIT Bombay MBA 2024 -2026, 85% students had work experience and the average work experience was around 25 months. Now if we look at how the placement for SJMSoM MBA Course varies across the different work experience it would be an evidence that freshers got more offers from the BFSI Sectors (33%) while the students with more than 24+ months of experience got more Consulting roles as per the IIT Bombay 2026 placement report. The complete break up of the SJMSoM placement 2026 vs work experience -

    Sector

    Freshers

    1-12 months

    13-24 months

    24 months +

    Consulting

    22%

    22%

    17%

    37 %

    Pharma and Other

    6%

    33%

    21%

    12 %

    FMCG/FMCD

    6%

    12%

    14%

    8%

    BFSI and Conglomarates

    33%

    33%

    27%

    10%

    E Com and IT

    33%

    -

    21%

    33%

    Learn More : IIT Bombay MBA Cutoff 2026

    IIT Bombay MBA 2026 Average CTC Break Up : 2026 vs 2025 vs 2024

    Looking at the year by year IIT Bombay MBA Placement statistics gives management aspirants an idea about the SJMSoM as a B-Schools. In SJMSoM 2026 placement scenario, IIT Bombay MBA Average CTC has increased compared to last year while median CTC has witnessed growth. Though IIT Bombay 2026 highest salary remained the same , median salary also witnessed an increase this year.

    Year by Year IIT Bombay Average CTC

    2024-2026

    2023-2025

    2022-2024

    Batch Size

    126

    116

    115

    Recruiting Company

    51

    52

    48

    Highest CTC

    Rs. 53.80 LPA

    Rs. 53.80 LPA

    Rs. 72.00 LPA

    Median CTC

    Rs. 26.00 LPA

    Rs. 25.25 LPA

    Rs. 26.73 LPA

    Average CTC

    Rs. 28. 16 LPA

    Rs. 25.82 LPA

    Rs. 28.10 LPA

    PPO Rate

    35.7%

    37%

    47%

    New Companies

    35.3%

    27%

    -

    Top 25% Median CTC

    Rs. 33.36 LPA

    Rs. 33.03 LPA

    Rs. 38.29 LPA

    Top 50 % Median CTC

    Rs. 32.00 LPA

    Rs. 32.00 LPA

    Rs. 33.82 LPA

    Top 75 % Median CTC

    Rs. 30.95 LPA

    Rs. 29.14 LPA

    Rs. 30.71 LPA

    Learn More : IIT Bombay MBA Application from 2026

    IIT Bombay MBA Placement Sector Wise Break Up : 2026 vs 2025 vs 2024

    Compared to the last year IIT Bombay MBA Placement 2026 saw a growth in recruitment in the consulting sector. From 12 % recruitment in 2022-2024 it went up to 20% in 2024-2026. For more detailed sector wise break up follow the below table.

    Sector

    2024-2026

    2023-2025

    2022-2024

    Consulting

    20%

    16%

    12%

    Pharma and Other

    23%

    25%

    27%

    FMCG/FMCD

    18%

    21%

    19%

    BFSI and Conglomarates

    20%

    19%

    19%

    E Com and IT

    19%

    19%

    23%

    SJMSoM Placement Break Up : 2026 vs 2025 vs 2024

    In this table we have discussed what % of the students were recruited in the sectors like Consulting, Pharma, FMCG, BFSI etc over the years.

    Sector

    2024-2026

    2023-2025

    2022-2024

    Consulting

    26 %

    22%

    19 %

    Pharma and Other

    16 %

    20%

    21 %

    FMCG/FMCD

    11 %

    18%

    19 %

    BFSI and Conglomarates

    21 %

    22%

    23 %

    E Com and IT

    26 %

    18%

    18 %

    Frequently Asked Questions (FAQs)

    Q: Is IIT Bombay MBA Placement 2026 out?
    A:

    Yes, the IIT Bombay MBA Placement 2026 report has been officially released by the Shailesh J. Mehta School of Management (SJMSoM). The report highlights key details such as highest, average, and median salary, along with recruiter participation and sector-wise hiring trends.

    Q: What is the highest CTC in IIT Bombay MBA Placement 2026?
    A:

    The highest package offered during IIT Bombay MBA Placement 2026 stood at ₹53.80 LPA. This reflects the strong placement performance of SJMSoM, with top recruiters offering competitive salary packages across roles.

    Q: What is the median salary for IIT Bombay MBA 2026 batch?
    A:

    The median salary for the IIT Bombay MBA 2024–2026 batch was INR 26 LPA. This indicates a stable and competitive compensation level for a majority of students placed during the recruitment drive.

    Q: What is the average salary offered in IIT Bombay MBA Placement 2026?
    A:

    The average salary for IIT Bombay MBA Placement 2026 was INR 28.16 LPA, which marks an increase of around 9.18% compared to the previous year, showing an upward trend in compensation.

    Q: How many companies participated in SJMSoM Placement 2026?
    A:

    A total of 51 companies participated in the IIT Bombay MBA Placement 2026 process, offering roles across sectors such as consulting, pharmaceuticals, BFSI, FMCG, and e-commerce.

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