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S. P. Jain Institute of Management and Research Mumbai

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S. P. Jain Institute of Management and Research Mumbai


SPJIMR Mumbai is a private management college established in 1981 and has been ranked 21st by NIRF 2022 ranking and  #151 – 200 in the list of QS World University Ranking 2022. SP Jain Institute of management is a part of Bharatiya Vidhya Bhawan and is recognized by NBA, AICTE, and AACSB (Association of Advance Collegiate Schools of Business). SPJIMR Admission for PGDM and PGDM BM is open and the last date to register is November 25th, 2022. The college offers full-time residential courses such as PGDM and PGDM-BM. The college offers 5 courses on Family Business Management, 2 Entrepreneurship programs, 2 Global programs, 1 executive and 3 social sector programs. SPJIMR offers its executive management courses i.e PGEMP at Mumbai Campus and PGPGM is offered at Delhi Campus.

The SPJIMR Admission 2023 for PGDM & PGDM BM program is ongoing, and the registration deadline is November 25, 2022. In its first shortlist, SPJIMR evaluates applicants based on their academic record, relevant work experience, and versatility & accomplishments. Furthermore, the college will release the second phase of shortlists based on entrance test scoresSP Jain Mumbai’s PGDM course has a unique selection process, where the first MBA shortlist is released on the basis of Academic score and Entrance Exam score (CAT/ GMAT) followed by Profile evaluation, WAT, and two sets of interview. SPJIMR has dropped XAT from its admission criteria for the year 2022

SPJIMR Key Facts

  • Accreditations: SPJIMR has been accredited with the prestigious AACSB in 2018. The college has also won AACSB and AMBA. 
  • Rank: Ranked #2 in India and #39 in World in Masters in Management (MIM) 2021 Rankings by Financial Times. The college has been ranked #21st in the Management Category by NIRF in 2022.
  • Fees & Intake: The PGDM Fees for SP Jain is 19 Lakhs which is decent in terms of ROI against a median placement of 25.00 Lakhs. The seat intake for PDGM at SP Jain Mumbai is 276. 
  • Major Changes in MBA Admission 2022: SPJIMR has dropped XAT from MBA selection process for the year 2022, and the college will only accept CAT 2021 and GMAT (Jan 2019- Dec 31, 2021). The minimum CAT and GMAT Cutoff for MBA 2022 is 85 percentile. 
  • Student Exchange Program: The college offers Global Management Program collaboration International Business School, Brandeis University; School of Business, EBS Universität; IESEG School of Management; Nyenrode Business Universiteit. SPJIMR has collaborated with top global B-Schools such as the Michigan State University (Eli Broad College of Business), Cornell University (Johnson School of Management), Carnegie Mellon University (Tepper School of Business) and schools in Europe and Asia. The list of schools may change from year to year.
  • Placements: SPJIMR have concluded the 2022 placement drive for its PGDM & PGPM 2021-22 batches. The average salary package stood at INR 32.06 LPA for the PGDM students & INR 23.6 LPA for the PGPM students. The highest salary package received was INR 53.16 LPA 
  • Global Fast Track (GFT) Program: This program enables PGDM students to travel to globally top-ranked B-School, in order to gain knowledge in their area of specialization. It is a three-week course, enabling the students to contribute during their internship.

SPJIMR Admission Dates



CAT 2022 Exam Date

November 27, 2022

Last Date to Apply for PGDM & PGDM BM Admission

November 25, 2022

SPJIMR Ranking

Ranking System


QS World University Ranking 2022

151 – 200

Financial Times Masters in Management (MIM) 2021 Rankings (India)


Financial Times Masters in Management (MIM) 2021 Rankings (World)


NIRF 2022


OUTLOOK ICARE Rankings (Top Private MBA Institutions) 2021


QS MBA Global Rankings 2021


Business Today 


SPJIMR Courses

Course Name

Eligibility & Selection Criteria


Eligibility: Bachelor’s with minimum 50% aggregate marks
Selection Criteria: CAT/ GMAT followed by PI.


Eligibility: Candidates must have a Bachelor’s Degree with a Minimum of 50% Marks from a Recognized University, Valid CAT & GMAT scores are accepted, Candidates with 5 Years of Work Experience can also apply

Selection Criteria: Candidates are shortlisted based on their valid CAT or GMAT score shortlisted, Candidates are further called for Personal Interview, Final Selection for the Program is based on Overall Performance in Academic Background, Work Experience (if any), Versatility & Achievements, Entrance Scores & Personal Interview


Eligibility: Bachelor’s with minimum 50% aggregate score, Minimum 5 years full-time work experience
Selection Criteria: GMAT/CAT scores along with Personal Interview


Eligibility: Graduation with minimum 60% marks
Selection Criteria: Merit in GMAT(550 Score)/GRE/CAT/XAT (80 Percentile) and Interview.


Eligibility: Bachelor’s degree from any recognized University, Minimum 4 years work experience, More than 1 year of career break, Valid GMAT/NMAT/CAT/XAT score
Selection Criteria: Statement of Purpose (SoP), GD, and PI


Eligibility: Minimum 50% marks in Bachelor’s degree, Minimum 5 Years work experience or Diploma Holder’s with 50% marks must have minimum 10 years work experience.
Selection Criteria: Test of Reasoning, Group discussion, Personal Interview


Eligibility: Minimum 50% marks in Bachelor’s degree, Minimum 5 Years work experience
Selection Criteria: Test of Reasoning, Group discussion, Personal Interview


Eligibility: Bachelor’s degree holder, second generation members of the family in which candidates will inherit ownership, must have mentor throughout the courses,
Selection Criteria: Online Aptitude test, Interview, Assessment


Eligibility: Master’s Degree with minimum 55% marks, and Bachelor’s degree with 50% marks, or Professional qualification such as CA, ICWA, CS with minimum 55% marks, Valid GMAT/GRE/CAT/NET mgt. /MAT/XAT/PET, Minimum 50% marks in Class 10+2, Preferably 3 years work experience in relevant specialization
Selection Criteria: Research Aptitude Test(RAT)and a Personal Interview

SPJIMR Admission Stories


CAT Percentage

Work Experience

Graduation score


Shreya Agarwal


Wazir advisors, 1 year, consulting


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Arpit D'Souza

SPJAT - 98



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Jitendra Singh




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Niharika Rathore




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Aman Kumar




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SPJIMR CAT Cutoff 2023 (Expected)



Overall Percentile













SPJIMR Cut off is 85 percentile in CAT/GMAT to be eligible for MBA admission process. The sectional cut off for the same is 75 Percentile. Unlike previous years, XAT score is not accepted for MBA (PGPDM) admission process. For GMP admission at SPJIMR, candidates are required to have a minimum score in any one entrance exam. The GMAT Cut off for GMP is 550 marks, 300 marks in GRE and 80 percentile for CAT/XAT qualified candidates.

SPJIMR Placements 2022

SPJIMR recently concluded its 2021-22 placement drive. Reputed recruiters like Accenture, Bain, Cognizant, KPMG, LTI etc visited the campus. The highest salary package increased from INR 46.65 LPA in 2021 to INR 53.16 LPA in 2022. The course-wise placement highlights of SPJIMR Placements 2022 is tabulated below:




Number of recruiters



First-time recruiters



Number of PPO



Number of students 



Highest salary

INR 53.16 LPA


Average salary

INR 32.06 LPA

INR 23.06 LPA

Median salary

INR 30.10 LPA


Average salary of top 25%



Average salary of top 50%


INR 28.7 LPA

Top recruiting sectors

Consulting & FMCG

Consulting & Technology

SPJIMR Autumn Internship Placements 2023

SPJIMR has recebtly concluded its 2023 autumn internship placement drive. 44 recruiters participated. The FMCG sector was the top sector followed by the Consulting sector. The average stipend stood at INR 2.95 Lakhs per month. The median stipend stood at INR 3 Lakhs per month. The highlights are mentioned below:

  • Number of recruiters: 44
  • Number of Participants: 273
  • Number of Offers: 312
  • Average Stipend: INR 2.95 Lakhs per month
  • Top 20% Average Stipend: INR 3.66 Lakhs per month
  • Top 50% Average Stipend: INR 3.34 Lakhs per month
  • Median Stipend: INR 3 Lakhs per month
  • Top Sector: FMCG
  • Job Roles Offered: General Management, Consulting, Corporate IT etc

SPJIMR Scholarships

SPJIMR offers Institute-sponsored scholarships to FPM, GMP and PGDM students. The scholarship details are given in brief below:

Mirae Asset Foundation Scholarship: The basic objective of the MAF Scholarship is to provide financial assistance to the meritorious and needy participants of the first and second year of Post Graduate Diploma in Management (PGDM). The student can avail upto Rs.5,00,000 per year per scholarship 

Eligibility/ Award Criteria

  • Th e participants should have a family income of less than INR 8 lakhs.
  • The participant who applies should not be availing any other scholarship. They can apply for Merit cum - Means Based Financial Assistance also. However, they will be considered for only one Financial Assistance/Scholarship.
  • A participant who is allotted the MAF Scholarship in the first year, need not get it again in the second year. They will have to apply and go through the process again.
  • For second year participants, only participants who have been promoted to the second year can apply.

Merit cum – Means Based Financial Assistance: The objective of the scholarship is to provide financial assistance to meritorious participants with limited means. A panel will independently evaluate the application of each individual. The approval can be for either 50%, 75% or 100% reimbursement of the tuition component of the fees. 

Eligibility/ Award Criteria

  • For needy students of the first year and second year based on the assessment of need, academic performance, extra-curricular activities and conduct

Merit Based Scholarship: Students who are selected for International Exchange and who fulfill certain criteria, will be eligible for a scholarship towards meeting expenses as exchange students in a partner B-School of international repute. The scholarship will be in the form of reimbursement for expenses related to return travel from India to the international B-School, visa and insurance fees and lodging during the course work. The scholarship amount will be based on actuals up to a limit of INR 2 lakhs, which will be disbursed after the Institute receives the grades from the partner schools.

Eligibility/ Award Criteria

  • Students that are ranked within the top 30 in the batch based on CGPA available at the end of the first year of the Program will be eligible for the Merit Based Scholarship.

SPJIMR Faculty

SPJIMR Faculty Ratio currents stand at 1:6 (approx) including the 16 Ad Hoc faculty members. The faculty members are the institutes known for making students' knowledge Engine with unique pedagogy designs. The current strength of full-time faculty members is 69.

Dr. Anil Vishnu Vaidya, currently Professor and Head- ERP Implementation Programme, has graduated from the University of Bradford, School of Management, Bradford, UK. On the other hand, faculty like Dr. Hemant Kumar Manuj, Associate Professor - Finance and Area Head - Finance, had 20 years of experience in Market Risk, Asset Liability Management (ALM), and Early Warning Signals (EWS) generation for IDFC Ltd and IDFC Bank.


SPJIMR, Mumbai has a large alumni network of more than 10,000 and many of them are leading professionals in the corporate sector, social sector and public life. Some of the notable alumni are given below:

  • Mahesh Madhavan: CEO at Bacardi Limited
  • Deepak Iyer: Managing Director at Mondelez International, India
  • Deepak Rastogi: President and Group CFO at Tata Autocomp Systems
  • Mahesh Rupanagudi: Forbes Europe 30 under 30
  • Shilpa Divekar Nirula- CEO, India, Monsanto
  • Indrajit Gupta- Founding Editor, Forbes India
  • Arya Sekhar- MD, Morgan Stanley- Risk Management, New York

SPJIMR Startups

Some of the popular and successful running startups by the SPJIMR Alumnus are mentioned below.

  • TYGR
  • Bezahlt
  • Appknox

The startups have received excellent funding from various national and international identified companies and are raising successful debts each year by thriving excellent services and facilities.


Ques. What student clubs are there at SPJIMR?

Ans. SP Jain Institute of Management & Research students clubs are a source of the interaction of students with professionals and alumni as per area of interest. The student's clubs operating at the institutes are:

  1. Business Consulting Club
  2. Speak Up Club
  3. Business Technology Club
  4. SPin (Dance Club)
  5. Tasveer-The creatives club
  6. Jalsa – Diversity & Inclusion Club
  7. B-Major (Music Club)

Ques. What are SPJIMR Centres of Excellence?

Ans. SP Jain Institute of Management & Research has 5 Centres of Excellence managing innovation and initiative programs. The centres are as follows:

  • Centre for Entrepreneurship Development (CED)
  • Centre for Project Management
  • Centre for Development of Corporate Citizenship (CDOCC)
  • Centre for Education in Social Sector (CEdSS)
  • Centre for Family Managed Businesses (CFMB)

Ques. Who are top recruiters at SPJIMR?

Ans. The top recruiters of SP Jain Institute of Management & Research are Avalon Consulting, Accenture Strategy, Bain & Company, Deloitte, Boston Consulting Group, GEP, Ernst & Young, IBM, KPMG and PwC.

Ques. What are the contact details of SPJIMR?

Ans. Interested Candidates can contact SP Jain Institute of Management & Research, Mumbai through details given below:

Address: SP Jain Institute of Management & Research Bhavan's Campus Munshi Nagar | Dadabhai Road,
Andheri West | Mumbai - 400 058, India

Reception Call: +91 22 61454200


Telephone:+91-22-2623-0396/ 2401

Ques. Which is better: NMIMS or SPJIMR?

Ans. Students at NMIMS have to spend 6-8 weeks on a summer project of 100 marks between the 1st and the 2nd year while pursuing a full-time MBA. SP Jain Institute of Management & Research is the only B-school that has autumn internships as compared to summer internships. The students opt for internships after they choose their specialization.

Ques. What is a good profile for SPJIMR?

Ans. A good extra-curricular profile can have a major achievement in one particular area - state/national level sports, concert-level musician/dancer, or any other achievement that clearly puts you in the top percentiles in that area and one more interest which can be minor.

Ques. Does SPJIMR have a hostel?

Ans. Hostel facilities are provided to all students of SP Jain Institute of Management & Research. There are 2-sharing and 3-sharing rooms, and the rooms are spacious. All rooms are equipped with air-conditioners. A swimming pool and other facilities like tennis, etc., can be availed from the nearby Andheri Sports Complex at discounted rates for SPJIMR students. 

Ques. Why is SPJIMR worth opting for?

Ans. SP Jain Institute of Management & Research is worth opting for because the programs are designed on the basis of a global curriculum and emphasis on application-oriented learning and contextual customization has enabled both participants and companies to reap rich dividends. For instance, PGEMP has been designed on the lines of the Advanced Management Programme of Harvard, but for middle-level managers. Apart from them, there are several clubs and committees at the college to focus on the overall growth of the individual.

Ques. Is it tough to crack interviews at SPJIMR for PGDM?

Ans. There are group interviews that happen at 2 stages in SP Jain Institute of Management & Research for PGDM. The entire process is well organised.  After qualifying round 1, you are called for round 2 . During the interview, several other candidates are there with you. Just make sure that you are confident, respectful, polite, have the presence of mind, and just be yourself. If you follow this, It's not tough to crack it.

SP Jain (SPJIMR) Fees & Eligibility





₹20.42 Lakhs (Total Fees)

Graduation with 50%


₹22.1 Lakhs (Total Fees)

Graduation with 50%


₹25,000 (1st Year Fees)


PG Program

₹17.05 Lakhs (Total Fees)



₹10.95 Lakhs (Total Fees)

Graduation with 50%

Executive Program

₹4.7 Lakhs (Total Fees)

Graduation with 50%

PG Program

₹9 Lakhs (Total Fees)

Graduation with 50%

Contact Details

For further details and one-on-one help, please contact the undersigned

8088888710, Career Advisor


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