SP Jain Hostel: Fees, Accommodation, Expenses

Andheri West, MumbaiEstd 1981
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Written By Collegedunia Team 

SPJIMR Mumbai scholarships are merit based. SPJIMR Mumbai offers 100% scholarships to students enrolled in Fellowship Programme Management (FPM). 

SPJIMR Mumbai Scholarships Details

The below table represents SPJIMR Mumbai scholarship details:- 

Name of Scholarship Amount of Scholarship
SPJIMR Merit based Scholarships Up to INR 2 lakhs
Fellowship Programme Management  INR 40,000 per month (Course-work) + INR 42,000 per month (Post clearing qualifying exam) + INR 45,000 per month (Post successful defense of proposal) + INR 40,000 (Contingency grant) + INR 2,30,000 (Conference grants)
 

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Scholarships offered by SPJIMR Mumbai 

SPJIMR Mumbai Merit based Financial Assistance 

  • SPJIMR Mumbai offers financial assistance to needy participants of 1st and 2nd year. The scholarships are offered based on an assessment of need, academic performance, and extracurricular activities. 
  • The financial assistance is provided in the form of reimbursement of the tuition component of the PGDM(BM) fee structure.
  •  A panel evaluates the financial need of the participant, as well as authenticates all the details provided. Based on panel evaluations applicants are provided partial or full financial assistance.

SPJIMR Mumbai Merit based Scholarships

  • SPJIMR Merit-based Scholarships are applicable for 2nd year participants in PGDM(BM) depending on their performance in the first year.
  • Scholarships are offered partially or fully based on the evaluation of students’ needs by the scholarship committee.
  • Moreover, participants who are selected for International Exchange and who fulfill certain criteria are eligible for a complete reimbursement under merit based scholarships. This helps students towards meeting expenses as exchange participants in a partner B-School of international repute. 
  • The scholarship amount in merit based scholarships ranges up to a limit of INR 2 lakhs, which is disbursed after the institute receives the grades from the partner schools.

SPJIMR Mumbai Mirae Asset Foundation (MAF) Scholarship

  • Mirae Asset Foundation is an Indian charitable foundation that primarily works across several areas of educational development in India.
  • MAF Scholarship is instituted by the Mirae Asset Foundation to provide scholarships to meritorious and needy participants of the first and second year, whose family income is less than INR 8 lakhs.
  • Every year two participants from PGDM 1st and 2nd year are awarded scholarships of INR 5 lakhs each.
  • The recipients of this scholarship are called Mirae Asset Scholars. Detailed guidelines are circulated among the prospective applicants after the commencement of the Programme.

Check SPJIMR Mumbai Admissions 2024

FPM Scholarships at SPJIMR Mumbai 

  • FPM at SPJIMR is a fully-funded programme. SPJIMR offers 100% scholarship to deserving students during their entire duration of FPM journey.
  • The details of the stipend provided to FPM students are as follows:-
  1. i) During the coursework phase: INR 40,000 per month,
  2. ii) Post clearing the qualifying exam: INR 42,000 per month,

iii) Post successful defense of proposal: INR 45,000 per month.

  • In addition, contingency grants and conference grants are also provided to students to help them access the necessary equipment and facilities for research. 
  • Contingency grant - In 1st year, the participant receives a hardware contingency grant of INR 40,000 towards purchasing necessary hardware (laptop) and INR 25,000 per year for the first four years of the programme for purchase of software, books, stationeries, hardware etc., as per their needs. 
  • Conference grants - A total grant of INR 2,30,000 is allotted to each participant for participating in domestic and international conferences. 
 

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SPJIMR Scholarships FAQs

Ques. What are the various types of scholarships offered at SPJIMR?

Ans. SPJIMR offers scholarships in forms of merit based scholarships, merit cum means based, scholarships for FPM students etc. 

Ques. What is the maximum amount of scholarship given to students on merit basis? 

Ans. A maximum amount of scholarship of up to INR 2 lakhs is given to the deserving students at SPJIMR.

Ques. What sort of scholarship is FPM at SPJIMR?

Ans. FPM at SPJIMR offers 100% scholarship to its students. Amount of scholarship is distributed into course work, post clearing exams, contingency and conference grants etc.

Ques. Do SPJIMR offer scholarships for needy students as well? 

Ans. Yes, there are special merit cum means based and merit based scholarships for deserving and needy students in SPJIMR.

Ques. What are financial support schemes available for the meritorious students at SPJIMR?

Ans. SPJIMR offers merit based scholarships for talented students with 95% or above score in CAT exams. 

Ques. Are there 100% scholarships for FPM students? 

Ans. Yes, deserving students from FPM courses at SPJIMR are given 1005 scholarship assistance during their FPM journey.

Why To Join SP Jain (SPJIMR) - Reviews & Rating

4.2
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(60%)
4(35%)
3(2%)
2(2%)
1(0%)

Academic
4.4
Faculty
4.3
Infrastructure
4.2
Accommodation
3.9
Social Life
4.0
Placement
4.4

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Debraj Mitra
4.5Helpful
PGDM, Operation
Reviewed on May 24, 2023(Enrolled 2022)

Fees and Financial Aid:

Fees have to be paid for the whole year upfront. This will be informed at the start of the course and is fixed for the batch. The scholarship is available but not many qualify for it. Details can be checked on the website.

...Read More
SRIHARSHA KAKURU
5.0Helpful
PGDM, Marketing
Reviewed on Jan 28, 2022(Enrolled 2021)

Fees and Financial Aid:

The cost to study is around 20L. It is 17L for the regular course and the hostel fees as it is a completely residential campus. There are various scholarships based on merit and means available. The autumn internships and finals placements are also really good and have been 100% for a couple of years now.

...Read More
Nidhi Mitra
4.5Helpful
PGDM, Finance
Reviewed on Jan 21, 2022(Enrolled 2021)

Fees and Financial Aid:

Fees for the course is around 19 lacs that include the materials and modules provided by the institute in each trimester and also the library facilities for issuing any book or reference material at any time for preparation

...Read More
Haren Joshi
4.5Helpful
PGDM, Marketing
Reviewed on Jan 21, 2022(Enrolled 2021)

Fees and Financial Aid:

The tuition expenses are INR 10,95,188. The college has the authority to change the fees on an annual basis. The overall fees is too high, however considering the placements, this money is money well spent since ROI is very good.

...Read More
VIJAY SHANKAR
4.4Helpful
PGDM, Marketing
Reviewed on Jan 20, 2022(Enrolled 2021)

Fees and Financial Aid:

SPJIMR is one of the top management institutes in Maharashtra, and its fees are also quite high. The two-year PGDM fees are 20 lakh rupees, but the placements provide a good return on investment. Scholarships are available for both financially disadvantaged and meritorious students. The scholarships would provide you with a tuition fee reduction.

...Read More
Rajinder Singh
4.5Helpful
EPGP, General
Reviewed on Jan 19, 2022(Enrolled 2021)

Fees and Financial Aid:

Yes, with a charge structure of approx 1620000, the fee structure is rather hefty. Because it is a top management institution in India, you may obtain a loan from a bank on the basis of your call offer letter. The placements are great, so you shouldn't mind. The ROI is amongst the best in India.

...Read More
Anindya Mukherjee
4.3
PGDM, Information Management
Reviewed on Jun 23, 2021(Enrolled 2019)

Fees and Financial Aid:

Fees structure at par with top B-schools and IIMs in India. Scholarships and financial assistance options present for the ones who are eligible as per policies. As of the companies visiting the campus for placements, top-notch companies, likes of Bain, BCG as well as top FMCG firms like P&G, Unilever, e-comm firms like Amazon and many more.

...Read More
Saumya Duggal
4.9Helpful
PGDM, Marketing
Reviewed on Apr 1, 2021(Enrolled 2018)

Fees and Financial Aid:

The fees are around Rs18 lakhs. However, it is subject to change. Students can avail of concession in fees as per rules and guidelines of the State Government. The qualifiers of the Management Entrance Exam are also offered fee waivers. Mortgage free loans are easily available.

...Read More
Shivam Shukla
Shivam Shukla
5.0Helpful
PGDM, Marketing
Reviewed on Mar 31, 2021(Enrolled 2018)

Fees and Financial Aid:

The fees are Rs17.89 lakhs. The cost of study may go up to Rs 19 lakhs. The loans are easily available up to 20 lakhs. The moratorium period offered by most of the banks is 2 years. 100% fee concession is offered to students to achieve more than 96% in MET.

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Praveen Kaushik
5.0Helpful
PGDM, Marketing
Reviewed on Mar 31, 2021(Enrolled 2018)

Fees and Financial Aid:

The fee is Rs17.80 lakhs (Lump-sum). It is subject to change. The total cost of study may go up to Rs19.10 lakhs. 100% of students bag autumn internships and around 31% convert their internships into PPOs. There are fee concessions that students can apply which are available as per State Government. Loans are available on a mortgage-free basis up to Rs20 lakhs.

...Read More

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