Updated on 21st June 2024 | 4:02 pm | #SPJIMR
SP Jain Institute of Management and Research, also known as SP Jain or SPJIMR, is a private non-profit PG management institute located in Mumbai, India. It was established in 1981 under the wing of Bharatiya Vidya Bhavan. Inaugurated by the then British Prime Minister Hon'ble Margret Thatcher, SP Jain became one of the top ten B-schools of India by 1994-95.
According to NIRF 2023, SPJIMR ranks 20 in the All India Management Category, while Business Today ranks 1 in the All India Private B-school category. On an international level, SPJIMR ranks 29 in Asia as per the QS Global MBA Ranking 2023.
The institute is located on a forty-five-acre campus in Mumbai, which is also known as India's commercial hub. SPJIMR provides various full-time and part-time management courses. It is also equipped with all the infrastructure and facilities, including hostels, Wi-Fi, cafeterias, and spacious recreation spots.
SP Jain Institute of Management & Research (SPJIMR) was established in 1981 in Mumbai. Inaugurated by the then British Prime Minister Hon'ble Margret Thatcher, SP Jain became one of the top ten B-schools of India by 1994-95. SPJIMR is located in the western suburbs of Andheri in Mumbai at a 45-acre sprawling campus. SPJIMR is an autonomous management institute that offers several short-term and long-term programs.
Here are some of the top courses offered by the SP Jain for your reference:
Courses |
Total Fees |
Eligibility |
PGDM |
INR 20.42 lakhs |
Bachelor’s degree with at least 50 percent aggregate CAT or GMAT scores For freshers and professionals with a max of 5 years of work ex. |
PGDM-BM |
INR 20.75 lakhs |
Bachelor’s degree with at least 50 percent aggregate CAT or GMAT scores For freshers and professionals with a maximum of 5 years of work ex. |
PGPM |
INR 23.5 lakhs |
Bachelor’s degree with at least 50 percent aggregate CAT or GMAT scores For professionals with a minimum of 3 years of work ex. |
Component |
Verbal Ability and Reading Comprehension (VARC) |
Data Interpretation & Logical Reasoning (DILR) |
Quantitative Ability (QA) |
Overall |
Weightage/Percentile |
75 |
75 |
75 |
85 |
Component |
Verbal |
Quantitative |
Overall |
Weightage/Percentile |
75 |
75 |
85 |
The application forms for the program open in September every year and close in November of the same year. The application fee is INR 2000 (subject to change). Here are the steps that take place in the admission of SPJIMR:
The PGDM batch comprises 295 students; here is an overview of the batch profile, including gender diversity and educational qualifications.
In the 2023 placements, 63 companies participated in the campus placements, and 112 pre-placement offers were made. The placement statistics and some of the top recruiters who arrived on campus are given below.
Here is the comparison for the years 2023 and 2024 for your reference. Based on this comparison, you can analyze and make an informed decision for your future.
Particulars |
Placement Statistics (2024) |
Placements Statistics (2023) |
Number of Recruiters |
72 |
63 |
New Recruiters |
33 |
33 |
PPO/PPIs Offered |
138 |
112 |
Highest Package |
INR 81 LPA |
INR 77.8 LPA |
Average Package |
INR 33 LPA |
INR 33.02 LPA |
Median Package |
INR 31.50 LPA |
INR 32.89 LPA |
SPJIMR has a huge alumni base and is one of the leading B-schools where admissions are profile-based, providing candidates with an opportunity to join prestigious companies and kickstart their careers with the best recruiters.
Given below are some of the most prominent recruiters that have taken part in the placements-
Top Recruiters for the Year 2022-24 |
||
KPMG |
Morgan Stanley |
Deloitte |
Nomura |
Boston Consulting Group |
McKinsey & Company |
PwC |
Goldman Sachs |
PwC |
Comparatively, the SP Jain Institute of Management and Research (SPJIMR) placements sometimes proved to be better than those at IIMs. This is the major reason why students may choose SP Jain (SPJIMR) over IIMs. The NIRF ranking for 2023 reveals that SP Jain Institute of Management and Research is positioned at 20, which is higher than certain IIMs for MBA programs.
The fee for international students is INR 33.32 lakhs, covering tuition fees, basic hostel accommodation, and standard Global Fast Track charges, and for domestic students, it is INR 20.42 lakhs for the PGDM program.
The GMP offered by SPJIMR has a proven and consistent track record of providing 100% placement assistance.
As per the latest release, SPJIMR Placements 2024 states that the average package is INR 33 LPA, and the highest package goes up to INR 81 LPA.