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SP Jain (SPJIMR): Admission Process 2024, Courses Offered, Fees, Placements & More

Author : Akanksha

April 10, 2024

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Summary: The application deadline for the SP Jain MBA/PGDM Programs is almost here! Continue reading to learn about the last day to apply at S P Jain Institute of Management and Research, Mumbai. 

About S.P Jain (SPJIMR)

  • Founded in 1981, the S P Jain Institute of Management and Research (SPJIMR), Mumbai is a constituent of Bharati Vidya Bhavan and the leading b-school of our country. 
  • Acknowledged among the top five business schools globally for its social impact by the Swiss association, Positive Impact Rating, SPJIMR has cultivated a legacy of over four decades.

SPJIMR Mumbai Programs Offered

  • PGDM &
  • PGDM (BM) programs

Known for their excellence! Uncover what contributes to the institute's remarkable track record in placements throughout the years, application process, SP Jain MBA/PGDM Programs, important dates and much more! 

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 CAT Online Coaching

How is SP Jain for MBA the best? 

  • SPJIMR is ranked #1 in India and #40 in the world by FT Global – Masters Management Rankings 2023.
  • Its global importance is furthermore reflected in its ranking of #29 in Asia by the QS Global MBA Ranking 2023. 
  • Apart from its recognition, SPJIMR is establishing a global reputation as a school dedicated to fostering responsible innovation that benefits society.
  • This prestigious institute is known across the student community for its teaching excellence and across the industry for the quality of its graduates.  

SP Jain PGDM / PGDM-BM Admission Dates 2023

In case of any query drop in a mail at pgdm.admissions2024@spjimr.org.

Events  Dates 
SPJIMR Application Form Start   September 15, 2023 
SPJIMR Application Form Ends  November 24, 2023 
Interview Round- Mumbai Phase 1 January 29, 2024 – February 1, 2024 
Interview Round- New Delhi February 5, 2024 – February 8, 2024
Interview Round- Bengaluru February 12, 2024 – February 14, 2024
Interview Round- Kolkata February 12, 2024 – February 14, 2024
Interview Round- Mumbai Phase 2 February 19, 2024 – February 22, 2024
Final SP Jain selection criteria  March 24, 2024 (Tentative) 
Program Starts  June 20, 2024 (Tentative) 

SPJIMR PGDM Admission Dates 2024 

Currently, the applications are open for the Online PGDM programme on the official website of the institute.  

Find below SPJIMR admission dates for PGDM: 

Upcoming Events  Dates 
MBA/PGDM (PGPGM) Phase 2 Application deadline  12 Apr '24 
MBA/PGDM (PGPGM) Phase 2 Selection process  20 Apr '24 
MBA/PGDM (Online) Application deadline 2  1 May '24 
MBA/PGDM /PGDM (BM) Programme Starts  1 Jun '24 - 30 Jun '24 
MBA/PGDM (Online) Final deadline  30 Jun '24 

SP Jain MBA/PGDM Programs 2023

S P Jain Institute of Management and Research offers two-year programs

  1. PDGM 
  2. PGDM (BM)

both of which are approved by AICTE.

The PGDM programs aim to develop socially sensitive leaders with a global mindset to help achieve SPJIMR’s mission to influence managerial practice and promote value-based growth by advancing wise innovation. Let us look at them in detail here. 

1. Post Graduate Diploma in Management (PGDM) 2023

  • The Post Graduate Diploma in Management (PGDM) at SPJIMR is a two-year, full-time residential program that is authorized by AICTE and accredited by NBA and AMBA, UK. 
  • SPJIMR is ranked #1 in India and #40 globally for Post-Graduate Diploma in Management (PGDM), and its careers service is recognized among the top two in India and eighth globally by the Financial Times Masters in Management (FT MiM). 
  • SPJIMR PGDM consistently ranks amongst the top 10 management programs in India. 

2. Post Graduate Diploma in Management (Business Management) 2023

  • Post Graduate Diploma in Management (Business Management) [PGDM (BM)] offered by SPJIMR is a two-year, full-time residential program with a General Management focus.
  • It is an AICTE-approved program that has been built on identical pillars as the current flagship PGDM program and admits only 120 participants.  

Read more: Why Should You Choose Management as Career?

SP Jain MBA/PGDM Programs Highlights 2023

Highlights of SP Jain (SPJIMR) are tabulated below: 

SP Jain MBA College Particulars  SP Jain MBA Program - Statistics 
Establishment year | Ownership type  1981 | Private 
Top accreditations  Association of MBAs (AMBA), UK, NBA, and AACSB International 
Recognized by  AICTE 
Rankings (2023) 
  • #1 in India & #40 in the World by FT Global – Masters Management Rankings 2023 
  • #20 by NIRF under All India Management Category 2023 
  • #29 in Asia by QS Global MBA Ranking 2023 
Flagship courses  PGDM (PGDM & PGDM (BM) programs)

SP Jain MBA/PGDM Programs Admission Process 2023

The SP Jain Institute is well-known for its management programs, which include MBA and PGDM degrees.

Understanding the SP Jain MBA admission process is critical for prospective students interested in studying their MBA/PGDM at SP Jain. A summary of the admissions procedure is provided below: 

SP Jain MBA admission process - 

SP Jain MBA/PGDM Programs Application Process 2023

  • Candidates who are interested in the PGDM program must fill out an online application form for the SP Jain MBA entrance exam. This form will be available in September. Ensure that all needed details are correctly filled out.  
  • A non-refundable fee of Rs. 2,000 is payable for application processing. Applicants must make the payment in order to complete the application procedure. 
  • Along with filling out the application form of SPJIMR, an aspirant should also fill out the form to appear for any one of the entrance exams viz. CAT/GMAT. 

Read more: CAT Application Form 2023

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SP Jain MBA/PGDM Programs Eligibility Criteria 2023

SP Jain eligibility - 

  • Educational Qualifications: Applicants must have a Bachelor's degree from a recognized university. They must have a minimum of 50% or an equivalent CGPA in any discipline. 
  • Entrance Exam Score: SP Jain accepts CAT and GMAT marks. It is crucial for applicants to perform well on at least one of these tests. 
  • Work Experience: This program is open to recent graduates. Candidates with up to 5 years of professional job experience can also apply. This results in a diverse group of students with both new viewpoints and industry insights. 

Disclaimer by the institute: Admission to the PGDM programs at S. P. Jain Institute of Management & Research (SPJIMR) is strictly based on merit. SPJIMR does not have any quota, management, or otherwise. The assessment of an applicant is on the basis of his/her profile, the qualifying entrance scores, and the interview process. 

Read more: CAT Admission Process

SP Jain MBA/PGDM Programs Selection Process 2023

SP Jain conducts a thorough selection procedure to shortlist applicants after applications are submitted. The selection procedure is as follows: 

  1. Profile Shortlisting: Applicants are initially shortlisted based on the overall strength of their profiles. This contains a combination of academic accomplishments, entrance scores, and other pertinent information provided in the application. 
  2. Evaluation factors: Following the initial shortlisting, the institute conducts a thorough review of numerous aspects to finalize the selection. These include: 
  • Overall Profile: A comprehensive assessment of the candidate's abilities, interests, and prospective contributions to the cohort.  
  • Academic Background: Focus on previous academic achievements, the rigor of courses completed, and consistency in performance.  
  • Work Experience: Emphasis is put on the quality of work experience, roles played, and the lessons learned from those roles.  
  • Entrance Scores: A candidate's success in the CAT or GMAT is an important aspect in the decision-making process.  
  • Versatility and Achievements: In addition to academics and professional experience, SP Jain evaluates extracurricular activities, leadership roles, and other outstanding achievements that demonstrate a candidate's versatility. 

Read more: Is CAT Tougher than GMAT?

SP Jain MBA/PGDM Programs Fees details 2023

The SP Jain MBA fees for PGDM and PGDM (BM) programs at SP Jain Institute of Management and Research is INR 24 lakhs* for Indian students. [*This fee is indicative and is subjected to revision.]    

The fee covers tuition and basic hostel accommodations but does not cover other expenses such as travel, boarding, lodging, visa fees, insurance, and incidentals associated with the program. 

Fee Component  Amount (Indian Rupees) 
Tuition Fee  24,00,000 
Basic Hostel/Accommodation  Included 
Global Fast Track (Excluding Travel, Boarding, etc.)  Not Included 

SP Jain MBA/PGDM Programs Cut Off 2023  

SP Jain accepts CAT/GMAT scores for admission to PGDM and PGDM BM programs. The overall CAT and GMAT cutoff for 2022 was 85%ile overall. 

SP Jain MBA/PGDM CAT Cut Off 2022: Year-Wise percentile 

Section 2020 2021 2022
Overall 92 92 92
Quants 50 50 50
VA-RC 50 50 50
DI-LR 50 50 50

Check the official website for yearly SP Jain CAT cut offs marks.

Enroll: CAT online Coaching

The following table provides the SP Jain CAT cutoff 2023 for general category applicants per specialization: 

Specializations Cutoff
PGPM Finance 85%
PGPFMB 85%
PGPDM 85%
PGDM 85%
WMP 85%
PGPMW Information Sciences 85%

SP Jain GMAT Cutoff 2023 

The SP Jain GMAT Cutoff is shown in the table below: 

Parameters Cutoff Percentile
Overall Percentile 85
Verbal 75
Quantitative 75

Read more: Is CAT Compulsory for MBA?

SP Jain MBA/PGDM Programs Seats 2023

Each year, around 240-260 students get accepted to the PGDM programs at SPJIMR.

The actual number may vary depending on the amount of applications received. 

SP Jain (SPJIMR) Scholarships 2023 

SPJIMR Mumbai offers various scholarships to aid meritorious and financially constrained students: 

  • SPJIMR Merit-based Scholarships: For 2nd year PGDM(BM) students, awarded based on their performance. Eligible students, especially those on International Exchanges, can receive up to INR 2 lakhs. 
  • Fellowship Programme Management: Beneficiaries receive a monthly stipend, which varies with their progress, plus additional grants for contingencies and conferences. 
  • Financial Assistance: Need-based assistance for 1st and 2nd year participants, offering partial or full fee reimbursements for PGDM(BM). 
  • Mirae Asset Foundation (MAF) Scholarships: Annual scholarships of INR 5 lakhs each for two PGDM students (from 1st and 2nd years) with a family income below INR 8 lakhs. 

SuperGrads CAT 2023 Toppers

SuperGrads CAT 2023 Toppers

SPJIMR Mumbai Scholarships 2023

Scholarship Name Eligibility Benefits
SPJIMR Merit-based Scholarships
  • 2nd year PGDM(BM) students.
  • Based on first-year performance.
  • Full/partial scholarship based on evaluation.
  • Amount: Up to INR 2 lakhs.
  • Eligible International Exchange students can get complete reimbursements after receipt of grades from partner schools.
Fellowship Programme Management Fellowship students at various stages. Monthly stipends
  • Coursework: INR 40,000
  • Post-qualifying exam: INR 42,000
  • Post-proposal defense: INR 45,000
  • Contingency grant: INR 40,000
  • Conference grants: INR 2,30,000
Financial Assistance
  • 1st and 2nd year PGDM(BM) students.
  • Based on need and merit.
  • Reimbursement of the tuition component of PGDM(BM) fees.
  • Amount varies based on panel evaluation.
Mirae Asset Foundation (MAF) Scholarship
  • 1st and 2nd year PGDM students.
  • Family income < INR 8 lakhs/year.
  • Amount: INR 5 lakhs each for two students annually.
  • Recipients termed "Mirae Asset Scholars".

Read more: Short Tricks to solve Maths Questions in Management Exams

SP Jain MBA Placements 2023

The year 2023 marks another milestone in the significant journey of SP Jain's PGDM program, with outstanding placement statistics establishing its reputation as a renowned business school. 

SP Jain MBA/PGDM Final Placements 2023 

The table below provides the placement statistics, including SP Jain MBA average package, participating companies, etc.:

Parameter Details
Total Participants 237
Participating Companies 63
First-time Recruiters 33
Highest CTC (International) ₹77.88 LPA
Highest CTC (Domestic) ₹67.50 LPA
Average CTC ₹33.02 LPA
Median CTC ₹32.89 LPA
Offers greater than INR 25 LPA 92%
Pre-Placement Offers 127

Read more: Best Institutes for Management Studies

SP Jain MBA/PGDM Autumn Placements 2023 

Parameter Details
Total Participants 237
Total Offers 312
Average Stipend ₹3 LPA
Highest Stipend ₹4 LPA
Median Stipend ₹3 LPA
Info Management batch in Product Management, IT, Analytics 73%
Marketing Management batch with FMCG firms 57%
OSCM batch with FMCG E-Commerce firms 57%
Finance batch in Consulting, IB, PE/VC roles 50%

Read more: Business Management Courses after 12th

Conclusion 

SPJIMR is a reputable institution that provides a comprehensive and unique approach to management education. Its programs stand out due to their emphasis on principles, leadership, and social sensitivity. SPJIMR's PGDM program offers not only rigorous learning but also an atmosphere for personal growth and leadership development. Interested candidates seeking a transforming educational experience and a high-flying career in management can undoubtedly select SPJIMR as their preferred business school. 

Frequently Asked Questions

What is the admission process for SP Jain's MBA programs?

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How much is the total fee for Indian students in the MBA program?

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Are there any scholarships available for students at SPJIMR?

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What is the intake capacity for the PGDM program at SPJIMR?

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How does SPJIMR ensure good placements for its MBA graduates?

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