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.
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
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
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
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% |
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)
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.
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.
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.
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.
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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