SIES Mumbai Placements 2023: Average Package: INR 9.1 LPA & Highest Package: INR 23 LPA

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SIES Mumbai Placements 2023: Average Package: INR 9.1 LPA & Highest Package: INR 23 LPA

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Written By Aparna Das 

SIES Mumbai Placements 2023 final report is released with 98% placements recorded. According to the report, SIES Mumbai highest package increased by 15% to INR 23 LPA whereas SIES Mumbai average package increased by 13.04% to INR 9.1 LPA. PGDM average package stood at INR 9.1 LPA, PGDM Biotechnology average package stood at INR 7.5 LPA & PGDM Pharmaceutical Management average package stood at INR 7.5 LPA. A total of 179 recruiters including 35 new recruiters participated in the placement drive. Some of the top recruiters of SIES Mumbai Placements 2023 included Accenture, Axis Bank, Deloitte, Crisil, EY etc.

SIES Mumbai Placements 2023 Report

Particulars Placements Statistics (2023) Placements Statistics (2022)
Batch Size 335 375
Number of Students Participated 330 348
Highest Package INR 23 LPA INR 20 LPA
Average Package INR 9.1 LPA INR 8.05 LPA
Top 100 Average Package INR 10.77 LPA INR 9.5 LPA
Median Package INR 8.78 LPA INR 7.98 LPA
Total Number of Recruiters 179 247
Number of New Recruiters 35 48
Top Recruiters Accenture, Axis Bank, Deloitte, Crisil, EY etc Accenture, Axis Bank, Crisil, Cipla, Deloitte etc
  • SIES Mumbai Placements 2023 recorded 98% placements during the 2023 placement drive.
  • This year, about 6% less students participated in the placement drive as compared to the previous year.
  • The highest package increased by 15% to INR 23 LPA.
  • The average package increased by about 13.04% to INR 9.1 LPA.
  • Top 100 average package increased by 13.4% to INR 10.77 LPA.
  • The median package increased by 10.02% to INR 8.78 LPA.

SIES Mumbai Average Package 2023

The below graph shows the course-wise average packages of SIES Mumbai Placements 2023:

SIES Mumbai Average Package 2023

The below table will give you an idea of year-wise average package trend of SIES Mumbai:

Placement Year PGDM Pharma & Biotech
2023 INR 9.1 LPA INR 7.2 LPA
2022 INR 8.05 LPA INR 7 LPA
2021 INR 7.2 LPA INR 6.5 LPA
2020 INR 7.2 LPA INR 6 LPA

As you can see in the above table, SIES Mumbai PGDM average package increased from INR 8.05 LPA in 2022 to INR 9.1 LPA in 2023. PGDM Pharmaceutical Management & PGDM Biotechnology average package also increased from INR 7 LPA to INR 7.2 LPA.

SIES Mumbai Highest Package 2023

SIES Mumai highest package increased from INR 20 LPA in 2022 to INR 23 LPA in 2023. The below table will show you the year-wise highest package trend of SIES Mumbai:

Placement Year PGDM Pharma & Biotech
2023 INR 23 LPA INR 15.2 LPA
2022 INR 20 LPA INR 13 LPA
2021 INR 18.5 LPA INR 11 LPA
2020 INR 18 LPA INR 11 LPA

SIES Mumbai Summer Internship Placements 2024

Particulars Internship Statistics (2024) Internship Statistics (2023)
Batch Size 420 347
Highest Stipend INR 40 K per month INR 66 K per month
Average Stipend INR 20 K per month INR 21.50 K per month
Number of Recruiters Participated 146 175
  • SIES Mumbai highest stipend declined from INR 66 K to INR 40 K for the 2024 summer internship placement drive.
  • SIES Mumbai average stipend also declined from INR 21.50 K to INR 20 K.
  • During SIES Mumbai Summer Internship Placements 2024, about 20% less recruiters participated.

SIES Mumbai Placements 2023 Top Recruiters

SIES Mumbai Placements 2023 saw participation of reputed recruiters like Deloitte, KPMG, Federal Bank, DBS Bank, TCS etc. The below table will show you the names of some of the top recruiters of SIES Mumbai:

Accenture Axis Bank Croma Crisil Cipla
Darashaw DBS Bank Deloitte EY HDFC Bank
Kantar KPMG Kotak Bank Federal Bank Mahindra & Mahindra
Marico Reliance Jio Sun Pharma Wipro TCS

SIES Mumbai Placements FAQs

Ques. What is SIES Mumbai placement package?

Ans. During SIES Mumbai Placements 2023, the highest package stood at INR 23 LPA while SIES Mumbai average package stood at INR 9.1 LPA for the PGDM batch, INR 7.5 LPA for both PGDM Pharmaceuticals Management & PGDM Biotechnology. 

Ques. What is SIES MBA highest package?

Ans. SIES Mumbai MBA highest package stood at INR 23 LPA during the recent placement drive of 2023. The below table represents the year-wise MBA highest packages of SIES Mumbai:

Placement Year PGDM
2023 INR 23 LPA
2022 INR 20 LPA
2021 INR 18.5 LPA
2020 INR 18 LPA

Ques. What is SIES MBA average package?

Ans. SIES Mumbai MBA average package stood at INR 9.1 LPA. The below table will give you an idea of year-wise average package for MBA:

Placement Year PGDM
2023 INR 9.1 LPA
2022 INR 8.05 LPA
2021 INR 7.2 LPA
2020 INR 7.2 LPA

Ques. What is the highest package of INR SIES Mumbai?

Ans. SIES Mumbai highest package stood at INR 23 LPA during the 2023 placement drive. The below table shows the year-wise highest packages for different courses:

Placement Year PGDM Pharma & Biotech
2023 INR 23 LPA INR 15.2 LPA
2022 INR 20 LPA INR 13 LPA
2021 INR 18.5 LPA INR 11 LPA
2020 INR 18 LPA INR 11 LPA

Ques. Who are the top recruiters of SIES Mumbai?

Ans. Reputed recruiters like Accenture, Axis Bank, Deloitte, Crisil, EY etc participated in SIES Mumbai Placements 2023.

Ques. What is SIES Mumbai average package?

Ans. SIES Mumbai average package stood at INR 9.1 LPA for the PGDM batch. The below table shows the course-wise average packages of SIES Mumbai Placements 2023:

Courses Average Package
PGDM INR 9.1 LPA
PGDM Pharmaceuticals INR 7.5 LPA
PGDM Biotechnology INR 7.5 LPA

SIES SBS Highest and Average Package

Highest PackageAverage Package
23 L
9.10 L
04.6 Lakhs9.2 Lakhs13.8 Lakhs18.4 Lakhs23.0 Lakhs

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Placement Experience:

Placements are good, average placements are around Rs8-10 lakhs and highest it has gone till Rs22 lakhs. Definitely after completing the course you're relevant to the job industry it does inculcate necessary skills, personality and character for the job market which one needs before taking up any job.

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Harsh Thakker PGDM, General (Enrolled 2023) Reviewed on Jun 30, 2024
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Placement Experience:

About 85-90 % of students get placed. The profiles are mainly for sales and consultant profiles. The average package is around 5 lakh and the maximum package is around 9 lakh. Many companies such as Lodha, EY, and TATA visited the college. My plan is to get a job in digital marketing after my course completion.

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Vinit M.M.S, (Enrolled 2019) Reviewed on Aug 3, 2022
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Placement Experience:

Campus placements start in the 3rd semester and everyone is eligible to participate in the process. Some prominent companies that visit to campus include - Deloitte, EY, Marico, GEP, HDFC Bank, ICICI Bank, HDFC Ltd etc. The highest salary offered was around 12 lakhs and average package was around 5 lakhs. Most of the profiles offered was around sales & business development.

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Deepak Nadar Master of Management Studies (Enrolled 2019) Reviewed on Jul 22, 2021
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Placement Experience:

Students are eligible for campus placement after 4th Trimester in PGDM (Course is divided into 3 trimesters per year instead of 2 semesters). Summer Internship Placements are very poor and stipend is hardly 5000rs. per month or based on commission. Maximum profiles are of sales no matter what your specialization is. I have not reached final placement process yet but maximum senior students are applying through outside the college because the companies are either not hiring or offering very poor pay. Minimum package is from 3.5 Lacs. The maximum has an average of 7 lacks. 91% students are placed (even though they mention it is 100% placement on their website). Other faculties is helpful in assissting with jobs if you have a good rapport with them. Placement Committee Faculty itself is very unapproachable and does not answer student queries properly and expects students to understand their burden and workload instead. No empathy or sympathy basically.

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Rhea Prabhakaran PGDM, General (Enrolled 2020) Reviewed on Jun 24, 2021
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Placement Experience:

Right from the start of the third-semester students become eligible to sit for placements. Many companies visit the campus for placements. A few of them are Deloitte, EY, SBI, HDFC, Kotak, ICICI, GEP etc. The Highest package offered so far is 10 L and the average is 6-7 lacs p.a Students get 100% placed and the placement cell assures the same. My plans after getting the degree from this college would be to make sure I live up to the expectations of the company I've been placed in based on my learnings from the college.

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Siddhi Ved PGDM, General (Enrolled 2019) Reviewed on Apr 17, 2021
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Placement Experience:

Placement is quite decent enough if you consider the fees. In the previous year, highest package swings around 16lpa and average package is around 7.2lpa. considering the amount of fees,I think it is a very good ROI.companies like EY,KPMG,Zee,StarPlus,HDFC are recruiting from our college on a regular basis.so placement is not a problem if you work hard.

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Anonymous B.Ed, Vocational Reviewed on Jun 17, 2020
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Placement Experience:

The placement cell of the college is very supporting. In the 1st year they focus on finding intership for each and every student. Aand then in the second year placements starts.

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Ayushi Neelam PGDM, General Reviewed on Jun 11, 2020
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Placement Experience:

My college has a record of 100% placements and has a number of known companies visiting it. Off all the courses offered there are variety of companies such as Nestle, Sun pharma, Roche, Alembic, HDFC bank etc. and many others. The college also provides a mandatory 2-3 months summer internship for which campus placements are held. I am currently placed in Roche pursuing my summer placement. The College takes several mock GD's and PI's before the placement season to prepare the students. It also has an entire subject dedicated to 'corporate readiness' which deals with all the nitty gritties related to the corporate world.

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Sanjana Bhurke PGDM, Biotechnology (Enrolled 2017) Reviewed on Jun 2, 2020
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Placement Experience:

Yes. Placement committee is actively involved in getting the organisations on-board for interviews. Every student needs to apply for the companies based on the role shared by the organisation. Post shortlisting the candidates by the company HR, they are invited to appear for a GD & PI or only PI depending on the organisation. An offer letter is issued post selection. Average salary offered for MBA - Healthcare was 4 LPA. Highest offer was by Abbott Healthcare at 7.5 LPA for batch 12-14.

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Divya Bhandaru
Divya Bhandaru MBA, Biotechnology Reviewed on Sep 21, 2017
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Placement Experience:

Summer placement starts from the month of September and the finals from the month of October. Other details about placements areas mentioned on the college website. The institute provides complete placement support for its students.

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Akshari Hari Rao PGDM, General (Enrolled 2019) Reviewed on Apr 26, 2021
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SIES SBS Alumni Distribution by Sector

Business Development 18%
Sales 12%
Marketing 10%
Operations 9%
Finance 8%

Frequently Visited Companies

Companies
AmazonBank of AmericaCognizantErnst & Young
FactsetReliance Industries Limited [RIL]Wipro3M
AccentureBlue StarDeloitteDeutsche Bank
Essar GroupHDFC BankTCSAmerican Express
Bank of IndiaBioCon Ltd.KPMGAvaya
BASFBombay DyeingCapgeminiSBI Life Insurance

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