SPJIMR Mumbai (SP Jain Institute of Management and Research) is an autonomous management institute established in 1981 under the aegis of Bharatiya Vidya Bhavan. The institute holds the prestigious Triple Crown accreditation from EQUIS, AACSB International, and AMBA, a distinction achieved by fewer than one percent of business schools globally. SPJIMR is approved by AICTE and functions as a fully autonomous institution.
- Ranked 8th in the MBA category by Collegedunia 2026 rankings.
- Secured 20th rank among 125 institutes in the NIRF Management Rankings 2025.
- Ranked 4th in the MBA category by India Today 2026.
Key Highlights:
- PGDM: Two-year full-time residential program with specialisations in Marketing, Finance, OSCM, and Information Management (IM).
- Batch size: 240 seats
- Total fees: INR 24.86 Lakhs.
- PGDM-BM: Two-year full-time program with the same cohort structure.
- Batch size: 120 seats
- Total fees: INR 24.86 Lakhs.
- GMP: Senior executive program designed for professionals with significant industry experience.
- Executive & Certificate Programs: Includes Blended PGDM, PGEMP, Certificate in Business Skills, and Certificate Course in Ladies in Family Enterprise.
- SPJIMR Placements: Achieved 100% placement, with the highest packages of INR 75 LPA for PGDM and INR 65 LPA for PGDM-BM.
- SPJIMR Scholarships: Merit-Cum-Means Financial Assistance and Mirae Asset Foundation Scholarship are available for eligible PGDM students.
SPJIMR Admission Dates 2027
Admissions for the SPJIMR PGDM and PGDM (Business Management) 2027-29 batch are based on CAT or GMAT scores. The application process is expected to begin in mid-September 2026 and close by the end of November 2026. Shortlisted candidates will participate in the interview process conducted across Mumbai, Bengaluru, Kolkata, and Delhi during January and February 2027.
| Event | Tentative Date (2027-29 Cycle) |
|---|---|
| Application Portal Opens | Mid-September 2026 |
| Application Deadline | End of November 2026 |
| Interviews - Mumbai Phase 1, Kolkata | January 2027 |
| Interviews - Bengaluru, Delhi, Mumbai Phase 2 | February 2027 |
| Program Start | June 2027 |
For the SPJIMR PGPM Class of 2027, a 18-month management program designed for experienced professionals, applications are currently open. The Phase II application deadline is 31 July 2026, while the final application deadline is 15 September 2026. Interviews are conducted on a rolling basis after application submission.
Note: Admission dates are tentative and based on the latest SPJIMR admission cycle information. The institute may revise application timelines, interview schedules, and program start dates.
SPJIMR Courses and Fees
SPJIMR offers a diverse portfolio of 12+ management programs across full-time residential management programs, executive education, doctoral studies, and certificate courses. The fee structure ranges from INR 75,000 for the Certificate Course in Ladies in Family Enterprise to INR 49 Lakhs for the Global Management Program (GMP).
| Course | Duration | Eligibility | Total Fees |
|---|---|---|---|
| PGDM (Indian participants) | 2 years | Bachelor’s degree with minimum 50% + CAT/GMAT |
INR 24.86 Lakhs (includes basic hostel/accommodation) |
| PGDM (International participants) | 2 years | INR 34.77 Lakhs (indicative) | |
| PGDM (Business Management) | 2 years | INR 24.86 Lakhs (includes basic hostel/accommodation) | |
| PGPM | 18 months | Bachelor’s degree + minimum 3 years work experience + CAT/GMAT | INR 22.66 Lakhs (includes basic hostel/accommodation) |
| PGPFMB | 2 years | Bachelor’s degree + family business background | INR 19.98 Lakhs + applicable GST; hostel extra |
| Global Management Program | 12-24 months | Graduation + program-specific requirements | Varies by partner school and pathway |
| Blended PGDM | 2 years | Working professionals | INR 8 Lakhs |
- PGDM and PGDM (Business Management): Among the few leading management programs in India where basic hostel accommodation is included in the overall program fee.
- PGPFMB: A specialised program focused on family business leadership, governance, and succession planning.
- Program Portfolio: SPJIMR, a Triple Crown-accredited institute, offers programs for students, entrepreneurs, executives, and working professionals.
Note: Fees and eligibility criteria are based on the latest information available from SPJIMR and may vary depending on the admission cycle, applicant category, and program-specific requirements.
SPJIMR Admission Process
SPJIMR admission to the PGDM and PGDM (BM) programs follows a two-stage process: profile-based or profile-cum-score-based shortlisting followed by in-person interviews. The institute evaluates candidates on academic consistency, work experience, entrance exam performance, achievements, and overall profile strength. CAT and GMAT are the accepted entrance exams for the full-time PGDM programs.
PGDM and PGDM (BM)
- Eligibility: Bachelor’s degree in any stream with a minimum of 50 percent aggregate marks or equivalent CGPA from a recognised university.
- Work experience: Not mandatory. Candidates from both fresh graduate and experienced professional backgrounds are eligible to apply.
- Entrance exams: Valid CAT or GMAT score required. For domestic applicants, the minimum qualifying CAT threshold is 75 percentile in each section and 85 percentile overall. For international applicants, the minimum qualifying threshold is 65 percentile in each section and 75 percentile overall. Meeting the minimum cutoff does not guarantee a shortlist.
- Application: A single application form is used for PGDM and PGDM (BM). The application fee is cycle-specific and should be confirmed from the latest admission notification.
- Selection stages: Candidates are shortlisted through a profile-based or profile-cum-score-based process, followed by two rounds of in-person interviews conducted across Mumbai, Bengaluru, Kolkata, and Delhi.
Note: SPJIMR’s selection process places significant emphasis on overall profile quality, including academic record, achievements, leadership potential, and work experience. While CAT scores remain an important component, the institute follows a holistic evaluation approach rather than relying only on percentile scores.
PGPM
- Eligibility: Bachelor’s degree with a minimum of 50 percent marks and at least three years of full-time work experience after graduation.
- Entrance exams: Valid CAT or GMAT score required.
- Selection: PGPM admissions follow a rolling process. Applications are reviewed as they are submitted, and shortlisted candidates are invited for interviews during the admission cycle.
PGPFMB and Executive Programs
- The PGPFMB is designed for candidates from family-managed businesses and requires a bachelor’s degree along with a family business background.
- The Global Management Program (GMP) and Post Graduate Executive Management Program (PGEMP) are targeted at working professionals and senior executives. Selection is based primarily on profile evaluation and interviews, with entrance exam scores not being mandatory for these programs.
- Certificate and short-duration programs generally do not require entrance exams, although eligibility requirements vary by individual program.
SPJIMR Placements
SPJIMR concluded placements for the combined PGDM and PGDM (BM) Class of 2026 with a 100 percent placement rate. The batch recorded an average CTC of INR 33.75 LPA and a median CTC of INR 32.85 LPA. Placement outcomes were independently audited under the IPRS framework. A total of 80 companies participated in the recruitment process, including several first-time recruiters.
Placement Highlights
| Year | 2026 | 2025 |
|---|---|---|
| Batch Size | 356 | 336 |
| Average CTC | INR 33.75 LPA | INR 32 LPA |
| Median CTC | INR 32.85 LPA | INR 30.50 LPA |
| Highest CTC | INR 75 LPA | INR 89 LPA |
| PPO Rate | 46% | 48% |
- Top recruiters at SPJIMR include companies across consulting, FMCG, BFSI, technology, and consumer sectors. Consulting recruiters include McKinsey & Company, Boston Consulting Group, Deloitte, EY, KPMG, PwC, Accenture, and Kearney.
For the PGPM Class of 2024-25, the average CTC was INR 24.40 LPA, with the highest reported CTC at INR 50 LPA. The programme highlights a 119 percent average salary increase over pre-programme compensation, reflecting its focus on experienced professionals seeking career transitions and accelerated growth.
SPJIMR Rankings
SPJIMR holds top-tier positions across all major Indian management ranking bodies and appears in two Financial Times global ranking lists. NIRF has ranked the institute at rank 20 out of 125 in the Management category for three consecutive years (2023, 2024, and 2025), placing it consistently within the top 16 percent of NIRF-ranked management institutes.
Note: The Financial Times Masters in Management (FT MiM) Rankings 2025 placed SPJIMR at #35 globally for its PGDM program, the highest rank among all Indian institutes in that list for two consecutive years. The FT Global MBA Rankings 2026 included the PGPM program for the first time, ranking it #74 globally.
SPJIMR Scholarships
SPJIMR offers financial assistance options for PGDM and PGDM (BM) students. Both schemes are assessed after students join the programme, and applications are typically invited during the July cycle after programme commencement. Below are the SPJIMR Scholarship details:
| Scholarship | Eligibility | Coverage | Number of Awards |
|---|---|---|---|
| Merit Cum Means Based Financial Assistance | First- and second-year PGDM and PGDM (BM) students assessed on financial need, academic performance, and conduct | Partial or full reimbursement of the tuition fee component of the programme fee | Variable |
| Mirae Asset Foundation (MAF) Scholarship | First- and second-year PGDM and PGDM (BM) students from families with annual income below INR 8 Lakhs | INR 5 Lakhs per recipient | Two per year (one first-year and one second-year student) |
Note:
- The Merit Cum Means Based Financial Assistance scheme provides tuition fee support based on a combination of financial circumstances, academic performance, and overall conduct. Applications are reviewed by a designated panel, which determines the level of assistance awarded.
- The Mirae Asset Foundation (MAF) Scholarship focuses on supporting students with financial need and provides a fixed scholarship amount of INR 5 Lakhs per recipient. Two scholarships are awarded annually — one to a first-year PGDM/PGDM (BM) student and one to a second-year student.
- SPJIMR is a private autonomous institution and does not follow government-mandated category-based fee waiver policies. Financial assistance is provided through institute and partner-supported scholarship mechanisms based on eligibility criteria.
SPJIMR Campus and Infrastructure
- Located in Andheri West, Mumbai, the SPJIMR campus spans 45 acres within the Bharatiya Vidya Bhavan campus.
- Strategically located with metro and railway access within 5 minutes and both Mumbai airports around 20-25 minutes away.
- The campus uses Mumbai as an extended classroom, offering city immersion through live projects, company visits, and industry interactions.
- Features modern academic infrastructure including hybrid and non-hybrid classrooms, seminar halls, and tutorial rooms.
- Houses a dedicated Design Thinking Lab equipped with IoT kits, programming benches, 3D printers, and laser cutters.
- Provides a well-equipped library with over 29,000 books, 30,000+ eBooks, and 8,000+ digital resources including management literature.
- Offers fully residential facilities for full-time programmes with single, double, and triple-sharing hostel rooms.
- Provides on-call medical support for residential students.
- Includes multiple food facilities such as two cafeterias, two bistros, executive dining, and a night canteen.
- Equipped with sports facilities including cricket, basketball, football, and volleyball courts.
- Features a fully equipped gym, fitness facilities, and certified yoga instructors.
- Includes dedicated spaces for student activities, cultural events, and community engagement.
- Houses a botanical garden with 250 plant species and 72 bird species, along with a lake and green spaces.
- Features the Cultural Centre and YogKutir for wellness and cultural activities.
- Hosts SPrint, one of India’s largest B-school sports festivals, promoting student engagement and teamwork.
- Provides infrastructure for industry interactions, workshops, seminars, and collaborative learning.
SPJIMR vs MDI Gurgaon vs IIFT Delhi
SPJIMR, MDI Gurgaon, and IIFT Delhi are among India’s leading management institutes and attract candidates from the same competitive CAT applicant pool. The three institutes differ in terms of programme structure, specialisation strengths, recruiter mix, accreditation profile, campus location, and return on investment.
| Parameter | SPJIMR Mumbai | MDI Gurgaon | IIFT Delhi |
|---|---|---|---|
| NIRF Management Rank 2025 | 20 | 12 | 35 |
| Collegedunia MBA Rank 2026 | #8 out of 350 | - | - |
| Flagship Programme | PGDM (2 years) | PGDM/PGDM (2 years) | MBA (International Business) (2 years) |
| Total Fees (Flagship) | INR 24.86 Lakhs | INR 25.80 Lakhs | INR 19.81 Lakhs |
| Average Placement CTC | INR 33.75 LPA (Class of 2026) | INR 27-28 LPA | INR 25-28 LPA |
| Entrance Exam | CAT or GMAT | CAT or GMAT | CAT (and other accepted routes as per admission cycle) |
| Programme Strength | Consulting, FMCG, BFSI, leadership and general management roles | General Management, HR, Sales & Marketing, Consulting | International Business, Trade, Global Supply Chain |
| Accreditation | EQUIS, AACSB, AMBA (Triple Crown) | AMBA | NAAC A++ |
| Campus Location | Andheri West, Mumbai | Gurgaon, Haryana | Qutab Institutional Area, New Delhi |
- SPJIMR has a strong position among private management institutes, with particular strengths in consulting, FMCG, BFSI, and leadership roles through its profile-based admissions approach and specialisation-oriented curriculum. Its Triple Crown accreditation (AACSB, AMBA, and EQUIS) places it among globally recognised business schools.
- MDI Gurgaon benefits from its location in the Delhi-NCR corporate ecosystem and has traditionally been strong in general management, HR, marketing, consulting, and corporate leadership roles. Its proximity to a large corporate base provides strong industry interaction opportunities.
- IIFT Delhi remains one of India’s most recognised institutes for International Business and trade-related careers. Its legacy in foreign trade education, specialised curriculum, and alumni presence make it a preferred choice for candidates specifically interested in global business, exports, imports, and international supply-chain roles.
Overall Comparison
- Choose SPJIMR Mumbai for stronger recent placement outcomes, consulting/FMCG opportunities, a holistic admissions process, and global accreditation exposure.
- Choose MDI Gurgaon for Delhi-NCR corporate access, general management pathways, and established leadership programmes.
- Choose IIFT Delhi for a focused career in international business, trade, and global markets.
Note: Rankings, placement figures, and fee structures change annually. NIRF rankings and placement statistics should be checked against the latest official releases before final publication.
SPJIMR FAQs
Ques. What is the PGDM fee at SPJIMR in 2026?
Ans. The PGDM at SPJIMR costs INR 24.86 Lakhs for domestic students for the full two-year program. This fee includes basic hostel accommodation on the Mumbai campus. NRI students pay INR 35.94 Lakhs. Mess charges are billed separately for all students.
Ques. What CAT percentile is required for SPJIMR PGDM?
Ans. SPJIMR requires a minimum of 75th percentile in each CAT section and 85th percentile overall as a qualifying threshold for domestic applicants. However, the actual acceptance percentile is higher, with most admitted candidates falling in the 90th to 99th percentile range depending on profile strength. SPJIMR gives significant weight to overall profile beyond just the CAT score.
Ques. When do SPJIMR PGDM 2027-29 admissions open?
Ans. The SPJIMR PGDM 2027-29 batch application window is expected to open in mid-September 2026 and close by end of November 2026. Interviews are typically conducted in January and February 2027 across Mumbai, Bengaluru, Kolkata, and Delhi. The program commences in June 2027.
Ques. Is hostel compulsory at SPJIMR?
Ans. Yes. SPJIMR is a fully residential institute. Hostel accommodation is compulsory for all full-time PGDM and PGPM participants, and the accommodation cost is included within the stated program fee. Mess charges are billed separately.
Ques. What is SPJIMR’s NIRF rank?
Ans. SPJIMR holds rank 20 out of 125 institutes in the NIRF Management Rankings 2025, with a total score of 62.06. It has maintained this rank for three consecutive years (2023, 2024, and 2025).
Ques. Does SPJIMR offer scholarships?
Ans. Yes. SPJIMR offers two named financial aid programs for PGDM students. The Merit Cum Means Based Financial Assistance provides partial or full tuition fee reimbursement based on need and academic performance, with applications opening in July each year. The Mirae Asset Foundation Scholarship awards INR 5 Lakhs each to two students annually from families with income below INR 8 Lakhs.
Ques. What is the average placement package at SPJIMR?
Ans. The PGDM and PGDM (BM) Class of 2026 recorded an average CTC of INR 33.75 LPA, a median CTC of INR 32.85 LPA, and a highest CTC of INR 75 LPA. The placement rate was 100 percent across 356 students. These figures are independently audited under IPRS v2.2 standards.
Ques. Is SPJIMR better than MDI Gurgaon?
Ans. SPJIMR and MDI Gurgaon serve the same CAT applicant pool and are in the same tier. SPJIMR leads on average placement CTC and holds Triple Crown accreditation (EQUIS, AACSB, AMBA), with particular strength in consulting, FMCG, and IM roles through its cohort model. MDI Gurgaon has a stronger general management and HR track and proximity to the Delhi-NCR corporate cluster. The right choice depends on your target sector and preferred geography.
Ques. Is SPJIMR globally ranked?
Ans. Yes. The Financial Times Masters in Management (FT MiM) Rankings 2025 placed SPJIMR at rank 35 globally for its PGDM program, making it India’s highest-ranked institute in that list. The FT Global MBA Rankings 2026 included the PGPM program at rank 74 globally, its first entry in that ranking.
![MBA/PGDM | admission | 2024 | Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University]](https://image-static.collegedunia.com/public/college_data/images/logos/1506323004Logo.jpg?h=72&w=72&mode=stretch)
![MBA/PGDM | admission | 2024 | Indian Institute of Management - [IIMC]](https://image-static.collegedunia.com/public/college_data/images/logos/1488950580d2.png?h=72&w=72&mode=stretch)
Comments
Found 21 Comments
SPJIMR (Autonomous) PGDM Fees is INR 3 Lakhs - 22.5 Lakhs for the entire 2 years duration. The most popular PGDM specializations at SPJIMR (Autonomous) are Business Management
The total fee of SPJIMR MBA Fin Tech is INR Three lacs fifty thousand. The institute has not released the year wise or semester wise fee details of SPJIMR Mumbai MBA fin tech.
Without CAT can I get admission for MBA??
Yes, without CAT, you can apply for admission to SPJIMR. Instead of CAT, you can appear for GMAT examination for applying for admission to MBA in SPJIMR.
Yes, there are entrance examinations accepted for admission to SPJIMR Mumbai. Given below are the course wise accepted entrance examinations:
SPJIMR Mumbai is a professional institute offering PGDM with a commitment to provide high quality management education accessible to all the students. It provides world class faculties. There are no major differences in the syllabi of Online and offline PGDM.
SP Jain Mumbai has recorded the highest package of INR 81 lacs per year. It is offered to one of the MBA class students. The average package offered to the MBA students is INR 33 lacs per year. The placement percentage is 100% (a total of 292 students placed).
What is the selection criteria for GMP and what are the weightages given to parameters
The basic eligibility for the GMP course at SP Jain is that the Graduate with 55% Marks or Fresher & Candidates with Work Experience can apply. Admission is based on the score obtained in either of the CAT / XAT / GMAT / GRE / NMAT / TOEFL Scores Personal Interview Academic Performance and Profile and Work Experience(Minimum 4 years of full-time work experience and not more than 1 year of career break). Interested candidates will have to fill out the SPJIMR GMP application form and a separate application form for the Partner school. The candidates will have to create a login, verify their email, fill out the online application form, upload the documents, and pay the application fees. The application fee for GMP is INR 2,000. The final selection process is based on the candidate’s consistent academic record, entrance scores, profile, and work experience.
SPJIMR Placements 2024 is concluded with 100% placements for PGDM & PGDM (BM) courses. The highest package stood at INR 81 LPA while the average package stood at INR 33 LPA. 70% of students secured salary packages of beyond 30 LPA while 90% of students secured salary packages beyond INR 25 LPA.
Can you please tell me which consulting companies came for placements and what are the packages
The consulting sector (35%) emerged as the major sector such as Accenture Strategy(35 - 45 LPA), Boston Consulting Group(35 - 37 LPA), Bain & Co.(32-33 LPA), Alvarez & Marsal(33 LPA), Infosys Consulting(24 LPA), Deloitte(23-31 LPA), Ernst & Young(23-25 LPA), etc.
The fee varies according to the courses you opt for. You can check here for the SPJIMR Courses & Fees 2024
You can take admission to MBA/ PGDM in SPJIMR Mumbai on the basis of below admission criteria:
The cut-off for CAT in this college is 85%ile and with 65%ile, the admission is a bit difficult.
SP Jain PGDM admission is done through CAT or GMAT scores. The applicants are shortlisted based on their profile and their scores in the CAT / GMAT exam. Candidates are then shortlisted for the 2 rounds of personal interviews.
Yes, it may be considered as a gap year but it doesn’t affect your application for admission to SP Jain Mumbai. For more info, Visit: SP Jain Admission
The applications for admission to SP Jain Mumbai can be filled out online on their admission portal. You can check the eligibility for the desired course at the mentioned link. Visit: SPJIMR Admission
No, you are not eligible for admission to the SPJIMR management program as it does not accept NMAT scores.
You can apply for admission in the SP Jain’s Executive Program in Business Managment if you have completed a bachelor’s degree with at least 50% marks plus professional experience of 1 to 5 years after graduation.
The applicants are shortlisted on the basis of their profiles. They are also expected to meet the qualifying scores in at least one of the entrance exams. The profiles are scored and the applicants are sorted into two groups: Profile based and Profile cum Score based.
The interview calls are already out for NMIMS Mumbai. The NMAT cut-off will be announced soon.
You can check here for various courses and specializations offered under these. SPJIMR Courses
for CAT cut off you can check here. SPJIMR Cut Off