18 Sep, 2026 SPJIMR MBA Admission 2027-29 begins. Interested candidates can apply @spjimr.org till Nov 27, 2026. Read more.
SPJIMR teaches the Post Graduate Diploma in Business Management as a two-year, full-time residential programme in Mumbai, and every participant lives on campus. The institute holds AACSB, AMBA and EQUIS accreditation and sits at #8 in Collegedunia's MBA ranking 2026. Only 120 seats are approved, and they go to Indian nationals. The full course fee is INR 24.86 Lakhs, which covers tuition and a basic hostel room. A seat comes through a CAT or GMAT score of 85 percentile or more, a profile shortlist and two interview rounds. The 2026 batch was placed in full at an average pay of INR 33.75 LPA.
You pay one programme fee for the whole course. It covers tuition and a basic hostel room. Mess, travel and personal spending are charged apart from it. The form fee and the exam fee are paid before you join.
| Fee head | Amount | How it is charged |
|---|---|---|
| Programme fee | INR 24.86 Lakhs | Full course, tuition and a basic hostel room |
| SPJIMR application fee | INR 2,000 | One time, for one programme |
| CAT 2026 registration fee | INR 2,600 | One time, General and OBC-NCL rate |
| Mess, travel and personal cost | Not published | Charged apart from the fee |
| Total you pay the institute | INR 24.86 Lakhs | Full course |
The CAT 2026 form closes on 15 Sep 2026 and the SPJIMR form opens in the middle of September. The exam is on 29 Nov 2026 and the interviews come in January and February 2027. Classes start in June 2027.
| Event | Date | Status |
|---|---|---|
| CAT 2026 registration, last date to apply | 3 Aug 2026 to 15 Sep 2026 | Confirmed |
| SPJIMR application window opens | Sep 2026 | Tentative |
| CAT 2026 exam | 29 Nov 2026 | Confirmed |
| Last date to apply and pay the form fee | Nov 2026 | Tentative |
| CAT 2026 result and scorecard | Jan 2027 | Tentative |
| Shortlist for the interviews | Jan 2027 | Tentative |
| Interviews in Mumbai and Kolkata | Jan 2027 | Confirmed |
| Interviews in Bengaluru, Delhi and Mumbai | Feb 2027 | Confirmed |
| Final offer letters | Mar 2027 | Tentative |
| Reporting and document check on campus | Jun 2027 | Tentative |
| Classes start | Jun 2027 | Confirmed |
You need a bachelor's degree in any subject with at least 50% marks, and a CAT or GMAT score that clears both the overall and the section cutoff. Work experience is welcome but not needed.
| Requirement | What you need |
|---|---|
| Degree | A bachelor's degree in any subject, 10+2+3 |
| Marks | 50% or the same in CGPA at graduation |
| Exam | CAT of the same year, or a GMAT of the last three years |
| Overall cutoff | 85 percentile or more |
| Section cutoff | 75 percentile or more in at least one section |
| Work experience | Freshers to five years, both are read |
SPJIMR reads your profile before it reads your score, so the form matters as much as the exam. The mistake that costs a seat is filling the form in the last week with a thin write-up.
| Step | What you do |
|---|---|
| 1. Take the exam | Sit CAT 2026, or use a GMAT taken in the last three years |
| 2. Fill the form | Apply on the SPJIMR admission portal and pay the form fee |
| 3. Profile shortlist | SPJIMR shortlists on profile, then on profile with the score |
| 4. Two interviews | Sit two rounds of personal interview in one of four cities |
| 5. Take the offer | Accept the offer, pay the fee and join on campus in June |
SPJIMR publishes one minimum for every category, and it has stayed at 85 percentile for four years in a row. Clearing it only gets your form read; the shortlist is decided on your profile.
| Category | Overall cutoff | Section cutoff |
|---|---|---|
| General | 85 percentile | 75 percentile in one section |
| OBC-NCL | 85 percentile | 75 percentile in one section |
| SC | 85 percentile | 75 percentile in one section |
| ST | 85 percentile | 75 percentile in one section |
| EWS | 85 percentile | 75 percentile in one section |
Placements are common to both of the two-year full-time programmes. Consulting, FMCG and banking firms take the largest share of the offers, and about half the batch gets an offer before the season opens.
| Metric | Value |
|---|---|
| Average pay | INR 33.75 LPA, 2026 batch |
| Median pay | INR 32.85 LPA |
| Highest offer | INR 75 LPA |
| Batch placed | 100% |
| Batch size | 356 participants |
| Recruiters | 80 companies, 31 of them new |
Money off the fee is decided after you join, not at the interview. One outside scholarship pays a fixed amount; the institute's own help is a cut in the tuition part and the panel sets the size.
| Scholarship | Who can get it | Amount or waiver |
|---|---|---|
| Mirae Asset Foundation Scholarship | Family income below INR 8 Lakhs a year | INR 10 Lakhs over the course |
| Merit-cum-means financial help | Participants who show need, in either year | Part or full tuition |
| Second year merit scholarship | Second year participants, on first year work | Part or full fee |
Collegedunia ranks the institute on fees, placements and student reviews. The other lists below rank it on data the institute files every year.
| Ranking body | Year | Rank or grade |
|---|---|---|
| Collegedunia MBA ranking | 2026 | #8 |
| NIRF Management | 2025 | #20 |
| Business Today B-school list | 2025 | #3 |
| FT Masters in Management, world list | 2025 | #35 |
The cohort is small on purpose. Every seat goes to an Indian national, so there is no foreign quota on this programme.
| Quota | Seats |
|---|---|
| Indian nationals | 120 |
| Foreign nationals, OCI and PIO | Not offered on this programme |
The programme is fully residential. A basic room is already inside the fee, so the money you add is food, travel and what you spend on yourself.
| Item | Detail |
|---|---|
| Campus | Andheri West, Mumbai |
| Living | Every participant stays on campus for two years |
| Room | A basic hostel room is inside the programme fee |
| Mess | Charged apart from the fee |
This course suits students who want a small cohort, a fully residential campus in Mumbai and a general management path.
These are the dates for the 2027-29 batch. Tap the next batch for expected dates.
Source: SPJIMR admissions page and the IIM CAT 2026 notice. Confirm on the official site before you act.
This is the full 2-year cost, not one year. Turn on the toggle to add the exam and form fees you pay to apply.
Source: SPJIMR fee page and the IIM CAT 2026 notice. Confirm on the official site before you act.
Pick the exam you have. SPJIMR publishes one minimum for every category, so these cutoff ranges hold for all.
The 85 percentile only gets your form read. SPJIMR cuts the list on profile first, so your degree, your marks and your work record decide the call as much as the score.
Answer one question to see what you can claim. Confirm the final amount with the college.
The chip on each card below says which answer blocked it.
Tap a college to see it next to SPJIMR. Blue marks the better number in each row: lower fees, higher pay, an easier cutoff.
Fees and pay can change. Check each college site before you decide.
Short answers to what students ask before they apply.
This page is AI assisted and human verified.
SPJIMR Mumbai (PGPM), a top management school in India, provides high-quality education. The course balances theoretical and practical knowledge and emphasizes leadership abilities.
Many leading companies recruit the institute's graduates each year. Amazon, McKinsey & Company, and Accenture recruit SPJIMR Mumbai (PGPM) grads at 26 LPA on average.
SPJIMR Mumbai (PGPM) has strong placement records despite not being as well known as other IIMs. SPJIMR Mumbai (PGPM) has continually been one of India's top management colleges for placements. Below is a table comparing fees and placement records of SPJIMR and IIMs;
|
College |
Fees (MBA/PGDM) |
Highest Salary Package |
Average Salary Package |
|
SPJIMR |
INR 20.42 Lakhs |
INR 77.8 LPA |
INR 33.02 LPA |
|
IIMs |
INR 12 Lakhs to INR 28 Lakhs |
INR 35 LPA to INR 1.14 CPA |
INR 15 LPA to INR 34 LPA |
SPJIMR Mumbai (PGPM) offers a high-quality management education with a focus on leadership and a good possibility of securing a high-paying job after graduation. It may not have the same prestige as some IIMs, but it is a respected institute with a successful track record. Hope it helps, choose wisely, All the best!
For SPJIMR, there are two rounds of interviews. These are both group interviews, with the first one focusing on inquiries related to your chosen field of expertise and the second round focusing on your morals and values.
In my friend’s case, no questions about information management were asked, but there were times when inquiries about the Internet of Things, artificial intelligence, and other hot subjects in this industry were made. It is best to arrive prepared according to your chosen specialization and to have some knowledge of the other specializations, such as finance, operations, and marketing. Everyone in the group was required to express their opinion on a particular supply chain problem, regardless of the field they chose to study. There are no domain-specific questions in the second round.

Choosing a B-school can be a tricky decision especially when it comes to ROI. I understand that ROI is one of the most important factors when it comes to MBA courses since funding your education with loans come with its own set of challenges. But the institutes that you have mentioned above certainly surpass the challenges since they belong to the tier 1 category.
You might come across articles and blogs stating that FMS or JBIMS do not provide a typical MBA environment but for me, that discussion does not even make sense. What is an MBA environment after all? You spent 2 years of your life at the campus and wish to land a good job. FMS, JBIMS, and IIT Bombay all three have good market reputations, they home the best candidates and charge minimal fees. So, if ROI is even a little bit of a concern for you, go for these colleges without any second thought or regret.
There are a few differences in the course calendar of SPJIMR and the IIMs that you should be aware of.
The major difference is that SPJIMR's flagship 2-year MBA course has Autumn Internship while IIMs have Summer Internship. In Autumn Internship, you will have completed most of your first-year B-school knowledge, which is a plus point when applying for corporate internships. Additionally, SPJIMR's famous Sem-III, which is a semester for Specialization courses, would have been completed by then. During this semester, you will undergo live projects which is like a near-internship experience and helps you a lot in your actual internship. However, this can keep you away from interacting with students from other B-Schools, unlike in the case of the Summer Internship. During the Autumns Internship selection process, roles are Specialization Specific, and having completed Sem-III restricts the roles you can take outside of your specialization.
With the completion of the Autumn Internship, the final placement season is usually 3/4 months away, giving companies time to roll out PPI/PPO wisely and allowing students to choose prudently between PPI/PPO and the option to be part of Final placements. However, this can leave students with less time for preparation for finals if they don't get PPI/PPO or reject those.
There are also a few minor differences in the course calendar. For example, in the summer, SPJIMR has Social Internship, whereas IIMs have a corporate internship. Additionally, in the mid-second year, SPJIMR students fly to the US for Fast-Track Learning, which is not available in IIMs. The second year for SPJIMR students is mostly busy with Sem-III then GFT then Autumns Internship. Thus SPJIMR students take part in corporate competitions (likes of LIME, Mahindra War Room, TBLA, etc.) during the first year itself, although this is just a norm. SPJIMR also offers numerous Minors (viz. Analytics, Finance, Consulting, Strategy, etc.). But the Analytics semester overlaps with International Exchange Semester. This means students can either do a Minor in SPJIMR OR an International Exchange at Foreign Universities.
Overall, while the timing of the internships is different, SPJIMR's Autumn Internship can be an advantage for you, and the live projects in Sem-III can provide you with valuable experience. However, you should also consider the minor differences and how they may affect your interests and goals.
IPM does not offer a BBA degree but you will receive a BA degree for your undergrad coursework (Foundations in Management). The subjects taught at the undergraduate level are vastly different from those taught in any other BBA program. Any decision based on an assumption about the IPM curriculum can land you in big trouble.
Returning to the question, I'm not familiar with the specifics of the four-year Tri-City programme, but I'm sure it entails a lot of learning from an institute like SPJ.
Comparisons can be made when other IIMs launch courses similar to IPM, which does not appear to be happening anytime soon. Until then, IPM would be a clear winner in terms of undergrad management education.
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