Sinhgad Institute of Pharmaceutical Sciences (SIPS), Lonavala, has demonstrated a commendable placement record in recent years. The institute has shown a strong commitment to student success, with a placement rate of 72% for undergraduate students in the latest placement season. This achievement reflects the quality of education and industry-relevant skills imparted by SIPS. The median salary package offered to graduates stands at ₹2.5 LPA, indicating competitive compensation for entry-level positions in the pharmaceutical sector. SIPS has maintained a consistent focus on both academic excellence and career preparedness, ensuring that its students are well-equipped to meet the demands of the pharmaceutical industry.
Highlights
Metric | Details |
Median CTC | ₹2.5 LPA |
Average CTC | ₹3.84 LPA |
Total Offers Made | 32 (UG: 29, PG: 3) |
Dominant Sectors | Pharmaceutical |
Placement Percentage | UG: 72.5%, PG: 37.5% |
Overall Placement Report 2023
Metric | UG (B.Pharm) | PG (M.Pharm) |
Total Students Eligible | 70 | 8 |
Number of Students Placed | 29 | 3 |
Placement Percentage | 72.5% | 37.5% |
Median Salary Offered | ₹2.5 LPA | ₹2.5 LPA |
The 2023 placement season at SIPS showcases a strong performance in undergraduate placements, with nearly three-quarters of eligible B.Pharm students securing jobs. The postgraduate placements, while lower in percentage, still demonstrate opportunities for M.Pharm graduates in the industry.
Comparison with Previous Years

This trend analysis shows fluctuations in placement percentages over the years, with a peak in 2021 followed by a slight decline. However, the overall trend indicates an improvement from 2019, suggesting the institute's efforts in enhancing placement opportunities for students.
Domain-Wise Placement Analysis
Pharmacy Domain (UG - B.Pharm)
Metric | Details |
First-Year Total Intake | 60 |
Total Students Admitted | 67 |
Total Graduated Students | 70 |
Total Placed Students | 29 |
Placement Percentage | 72.5% |
Students Gone for Higher Studies | 30 |
Median Salary | ₹2.5 LPA |
Pharmacy Domain (PG - M.Pharm)
Metric | Details |
First-Year Total Intake | 33 |
Total Students Admitted | 9 |
Total Graduated Students | 8 |
Total Placed Students | 3 |
Placement Percentage | 37.5% |
Median Salary | ₹2.5 LPA |
Key Takeaways
SIPS Lonavala has maintained a strong placement record, particularly for its undergraduate program, with a 72.5% placement rate for B.Pharm graduates. The consistent median salary of ₹2.5 LPA across both UG and PG programs indicates a stable demand for SIPS graduates in the pharmaceutical industry. The significant number of undergraduate students opting for higher studies (30 out of 70) suggests that SIPS also prepares students well for advanced academic pursuits. While there has been a slight decline in placement percentage from the peak of 95% in 2021, the overall trend shows improvement compared to 2019, indicating the institute's ongoing efforts to enhance student employability and industry connections.