P Jain Institute of Management and Research (SPJIMR), Mumbai: Admission 2024, Courses, Fee, Placements, Cutoff & Ranking

S.P. Jain Institute of Management and Research (SPJIMR), located in the western suburbs of Andheri, Mumbai, is a constituent of the Bharatiya Vidya Bhavan. With a legacy spanning over 40 years, SPJIMR has established itself as one of India’s premier management schools. The institute is known for its innovative pedagogy and pioneering programs, which have contributed to its distinctive position in management education. SPJIMR’s educational philosophy is rooted in ‘influencing practice’ and ‘promoting value-based growth’.

SPJIMR offers a range of management programs, with the Post Graduate Diploma in Management (PGDM) being its flagship program. The PGDM is a two-year full-time residential program, equivalent to an MBA, and is approved by AICTE, accredited by NBA and AMBA, UK. Other notable programs include the 18-month Post Graduate Programme in Management (PGPM), designed for experienced executives, and specialized programs like the Post Graduate Family Managed Business (PGFMB) and the Global Management Programme (GMP). SPJIMR has consistently ranked high in various rankings; it was ranked #1 in India and #35 globally in the Financial Times Masters in Management (FT MiM) 2024 Ranking for both its PGDM and PGPM programs.

SPJIMR boasts an impressive placement record, with 100% placement for its PGDM batches over the past two decades. The average annual salary for the PGDM batch stands at INR 33.02 lakhs per annum, with over 70% of the batch securing offers above INR 30 lakhs per annum.

The PGPM program also has a strong placement record, with an average CTC of INR 25.89 lakhs per annum and a significant hike in compensation packages for its graduates.

The institute’s campus, spread over 45 acres, provides a vibrant learning environment with various facilities including industry integration opportunities, experiential learning through live projects and international immersions, and a diverse range of extracurricular activities. The tuition fee for these programs ranges between INR 9.5 lakh and INR 24 lakh, inclusive of other components.

P Jain Institute of Management and Research (SPJIMR), Mumbai: MBA/PGDM Course and Fees 2024

SPJIMR’s flagship program is the Post Graduate Diploma in Management (PGDM), a two-year full-time residential program approved by AICTE and accredited by NBA and AMBA. The institute also offers other specialized programs like PGPM, PGDM in Business Management, and more.

Courses, Duration, and Average Fees

FAQs on Course and Fees 2024

 1. What are the MBA/PGDM specializations offered at SPJIMR’s, Mumbai?

SPJIMR offers several MBA/PGDM programs, including the Post Graduate Diploma in Management (PGDM), Post Graduate Diploma in Management (Business Management) with a General Management focus, Post Graduate Programme in Management (PGPM) for experienced executives, and specialized programs like the Post Graduate Programme in Family Managed Business (PGFMB) and the Post Graduate Executive Management Programme (PGEMP).

 2. Is it worth doing MBA/PGDM at SPJIMR’s Mumbai?

Doing an MBA/PGDM at SPJIMR, Mumbai, is highly regarded due to its strong industry integration, innovative pedagogy, and excellent career services. The institute is ranked #1 in India and #35 globally by the Financial Times Masters in Management (FT MiM) 2024 Ranking, indicating its high quality and global recognition.

 3. What is the fee structure at SPJIMR Mumbai for MBA/PGDM?

The fee structure for MBA/PGDM programs at SPJIMR, Mumbai, varies by program. For example, the Post Graduate Diploma in Management (PGDM) and PGDM (Business Management) programs have a course fee of approximately Rs. 24,00,000. Other programs like the PGPM and PGEMP have different fee structures, with the PGPM costing around Rs. 23.5 lakhs and the PGEMP costing around Rs. 9 lakhs.

 P Jain Institute of Management and Research (SPJIMR), Mumbai: Admission Process and Important Dates 2024

The admission process at SPJIMR, Mumbai, for its management courses is meticulous and multi-staged, ensuring the selection of the best talent. Here is a step-by-step guide to the admission process:

Step 1: Eligibility Check- Candidates must hold a Bachelor’s Degree with at least 50% marks or equivalent CGPA from recognized universities or institutions. Work experience is not mandatory, but candidates with up to five years of work experience can apply. Fresh graduates and those in their final year of graduation are also eligible.

Step 2: Application Form– Interested candidates need to fill out the online application form available on the SPJIMR website. The application form requires personal details, academic records from class 10 onwards, and relevant documents such as marks sheets and certificates. The application fee is Rs. 2000 for one program and Rs. 3000 for both PGDM and PGDM (Business Management) programs.

Step 3: Entrance Exam Scores– Candidates must submit scores from either the CAT 2024 or GMAT (taken between January 1, 2022, and December 10, 2024). The GMAT New Focus Edition is also accepted. SPJIMR no longer accepts XAT scores.

Step 4: Shortlisting– Candidates are shortlisted based on their profiles and entrance exam scores. The shortlisting criteria include consistency of academic record, relevance of work experience, and versatility in achievements. Candidates may be shortlisted purely based on their profile or on a profile-cum-score basis

Step 5: Personal Interviews-Shortlisted candidates will undergo two rounds of personal interviews, one online and one in-person. These interviews assess the candidate’s emotional readiness, work experience, extra-curricular activities, and alignment with the institute’s mission

Step 6: Final Selection-The final selection is based on multiple factors including academic background, work experience, entrance scores, performance in the interview rounds, and overall profile. Selected candidates will be notified via email.

Important Admission Dates for 2024

FAQs on Admission Process and Important Dates 2024

1. What is the admission process for SP Jain MBA/PGDM 2024?
The admission process for SPJIMR’s MBA/PGDM programs involves filling out the online application form, submitting scores from either the CAT or GMAT exams, and undergoing a rigorous selection process that includes profile screening and two rounds of personal interviews. Candidates are shortlisted based on their academic records, entrance exam scores, and performance in the interview rounds.

2. What is the last date for S. P Jain Institute of Management and Research (SPJIMR), Mumbai?
The last date to apply for the PGDM program at SPJIMR, Mumbai, is typically in November, with the exact date being November 22, 2024, for the 2024-2026 batch. However, dates may vary for other programs, so it’s essential to check the official website or recent notifications for specific deadlines.

3. Can I get direct admission at S. P Jain Institute of Management and Research (SPJIMR), Mumbai?
SPJIMR does not offer direct admission through a management quota; all admissions are strictly based on merit, involving entrance exam scores and a thorough interview process. Any claims of direct admission or confirmed seats through intermediaries are not recognized by the institute.

4. What are the exams accepted at S. P Jain Institute of Management and Research (SPJIMR), Mumbai?
SPJIMR accepts scores from the Common Admission Test (CAT) and the Graduate Management Admission Test (GMAT) for its MBA/PGDM programs. The GMAT New Focus Edition is also accepted, but XAT scores are no longer considered for admission.

P Jain Institute of Management and Research (SPJIMR), Mumbai: Placements 2023

The 2023 placement statistics for the Post Graduate Diploma in Management (PGDM) program at S. P. Jain Institute of Management and Research (SPJIMR) in Mumbai were highly impressive. A total of 237 students were placed, with 63 companies participating, including 33 new recruiters. The highest salary offered was INR 77.88 lakhs per annum, while the average salary stood at INR 33.02 lakhs per annum, and the median salary was INR 32.89 lakhs per annum. Notably, 112 pre-placement offers were made during this process. SPJIMR has maintained a stellar record of 100% placement for its PGDM students over the past two decades.

FAQs in Placements 2023

 1. What is the highest package in SP Jain 2023 MBA/PGDM?

The highest salary package for the 2023 MBA/PGDM batch at SPJIMR was INR 77.88 lakhs per annum. This reflects the strong demand for SPJIMR graduates in the job market.

2. What is the package of SP Jain MBA/PGDM?
The average annual salary for the 2023 MBA/PGDM batch at SPJIMR was INR 33.02 lakhs per annum, with the median salary standing at INR 32.89 lakhs per annum. Over 70% of the batch secured offers above INR 30 lakhs per annum.

3. What is the placement rate for SP Jain Institute for MBA/PGDM courses?
SPJIMR has a consistent record of 100% placement for its MBA/PGDM students over the past two decades. The 2023 placement process, conducted in a hybrid mode, saw all eligible students being placed, highlighting the institute’s strong industry connections and career services.