SPJIMR Achieves 100% Internship Placement for Class of 2028 with 17% Median Stipend Increase
Event summary
- All 365 participants of SPJIMR's PGDM Class of 2028 secured summer internships, marking 100% placement.
- Median stipend increased by 17% year-over-year to ₹2 lakhs per month.
- Highest stipend reached ₹3 lakhs per month, up 20% from the previous year.
- 91 companies participated, including 37 first-time recruiters.
- Average stipend rose 12% to ₹1.86 lakhs per month.
The big picture
SPJIMR's 100% placement rate and significant stipend increases reflect strong industry confidence in management education. The involvement of 37 first-time recruiters suggests expanding recognition of the institution's value proposition. This trend aligns with broader market dynamics where top business schools are seeing heightened demand for skilled management graduates across diverse sectors.
What we're watching
- Industry Demand
- Whether the broad-based demand for SPJIMR graduates will sustain given the economic conditions.
- Recruiter Diversification
- The pace at which new recruiters will continue to engage with SPJIMR, indicating the institution's expanding network.
- Stipend Growth
- How the 17% median stipend increase will affect future salary benchmarks for management graduates.
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