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S P Jain Institute of Management and Research is a private institution which was established in the year 1981. The institution has been accredited by the NBA (National Board of Accreditation), AMBA (Association of MBAs), AASCB (Association to Advance Collegiate Schools of Business). The institution is also a part of the AIU (Association of Indian Universities).
S P Jain Institute of Management and Research courses include PGDM, FPM, PGPM and several other programmes.
SPJIMR Mumbai Placements 2025: The average salary package for the PGDM students stood at Rs 32.10 LPA and the average package for the PGDM (BM) stood at Rs 31.80 LPA.
SPJIMR NIRF 2025 Ranking: According to the NIRF Ranking 2025, SPJIMR Mumbai has secured 20th in the management category.
Top Recruiters at SPJIMR Mumbai placements include Amazon India, Axis Bank, Deloitte and several others.
As per the latest SPJIMR Mumbai placements, students have been placed in several leading organisations, including Amazon India, Axis Bank, ITC Limited, and Deloitte, along with several others. Apart from providing placement assistance to final year students, the institution also provides students with several amenities, including medical centres, library and several others.
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As per the QS Subject Ranking 2026, SPJIMR Mumbai has been ranked in the band 451-500 in the Business & Management Studies stream.
As per the NIRF Ranking 2025, SPJIMR Mumbai has been ranked 20th in the management category, which is the same position it secured in NIRF 2024.
Mentioned below is the placement statistics for the SPJIMR Mumbai PGDM programme for the academic year 2026.
Particulars | Statistics |
|---|---|
Placement rate | 100% |
Highest Salary Package | Rs. 75 LPA |
Average Salary Package | Rs. 33.6 LPA |
Median Salary Package | Rs. 32.85 LPA |
S P Jain Institute of Management and Research, Mumbai is located at Bhavan's College Campus, Munshi Nagar, Dadabhai Road, Andheri West, Mumbai.
SPJIMR Mumbai has an excellent placement record with a 100% placement rate in the 2025 drive for its PGDM programme. The highest salary package offered was Rs. 81 LPA, while the average stood at Rs. 32.10 LPA and the median at Rs. 30 LPA.
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| Parameter | Description |
|---|---|
| Established | 1981 |
| Exam | GATE, CMAT, CAT |
| Courses | 4 Degrees and 10 Courses |
| Institute Type | Standalone Institute |
| Approvals | AICTE |
| Gender | Co-ed |
| Faculty Count | 66 |
| Campus Size | 45 acres |
| Gender Percentage | Male 72% and Female 28% |
| Students from Outside the State | 80% |
SPJIMR, Mumbai accepts GMAT and GRE scores, which are internationally recognized standardized tests. This inclusion demonstrates the institute's global outlook and openness to international applicants, potentially fostering a diverse student body with varied cultural and professional backgrounds.
Overall Yearly Trend
| Domain | Year | Rank/Rating |
|---|---|---|
| -NA- | undefined |
| Particulars | Statistics |
|---|---|
| First year total students intake (2022-23) | 300 |
| Total students admitted (2022-23) | 294 |
| Total Graduated Students (2023-24) | 292 |
| Total Placed Students (2023-24) | 292 |
| Placement Percentage (2023-24) | 100% |
| Median Salary (2023-24) | 31.50 L |
The highest salary package offered during SPJIMR's latest PGDM placements is Rs 81 LPA (Lakhs Per Annum). This impressive figure demonstrates the institute's ability to attract top recruiters and secure high-paying opportunities for its students.
S P Jain Institute of Management and Research (SPJIMR), Mumbai provides scholarships and financial assistance to meritorious and deserving students. SPJIMR Mumbai scholarships are available at the commencement of the programme.S P Jain Institute of Management and Research also provides scholarships such as general scholarships, scholarships for women applicants, disbursement of scholarships, and merit awards for students who are pursuing PGDM Online at SPJIMR Mumbai.
The collaboration between SPJIMR and the international partner schools offers special scholarships to students joining through GMP with high ROI. In addition, GMP facilitates collateral-free loans in partnership with various banks. The shortlisted aspirants are informed about the exact details during enrollment. For the PGPDM programme, scholarships are available for low-income, deserving candidates. Every participant admitted as a full-time scholar receives a stipend for the first four years of the FPM programme.
Also Read: SPJIMR Mumbai Admissions
Before applying for SPJIMR Mumbai scholarships, candidates will have to meet the eligibility requirements. Some of the S P Jain Institute of Management and Research scholarships include Merit-cum-Means-Based Financial Assistance, the Mirae Asset Foundation (MAF) Scholarship, and the Merit-Based Scholarship.
Scholarship Name | Eligibility Criteria |
|---|---|
| Merit-cum Means Based Financial Assistance Placements | The institute offers financial assistance to needy PGDM participants of the first and second year based on assessment of need, academic performance, extracurricular activities, and conduct. The financial assistance is in the form of reimbursement of the tuition component of the PGDM and PGDM (BM) fee structure. A panel evaluates the financial need of the participant and authenticates all the details provided. Based on panel evaluations, applicants are provided partial or full financial assistance. |
| Mirae Asset Foundation (MAF) Scholarship | Mirae Asset Foundation is an Indian charitable foundation that primarily works across several areas of educational development in India. MAF Scholarship is instituted by the Mirae Asset Foundation to provide scholarships to meritorious and needy participants of the first and second year, whose family income is less than Rs. 8 lakhs. Every year two participants from PGDM first year and second year are awarded scholarships of Rs. 5 lakhs each. The recipients of this scholarship are called Mirae Asset Scholars. |
| Merit-based Scholarship | The Merit-based Scholarship will be applicable for second-year participants depending on their performance in the first year. A panel will evaluate the financial need of the participant, as well as establish the genuineness of the details provided. Based on the evaluations of the panel, applicants are provided partial or full financial assistance. |
| sAlso Read: General scholarships (PGDM Online) | All applicants of PGDM Online will be eligible to apply for a merit-based scholarship. Based on the overall merit scored in the selection process for PGDM Online, the selected top merit holders will be offered a scholarship of up to 50% of the tuition fee. The scholarship amount will solely depend on the final score achieved during the selection process by the candidates applying for the scholarship. The final score is allotted based on the following: academic qualifications, work experience, points scored in the group discussion round, and any additional qualifications or professional certifications. |
| Scholarship for women applicants (PGDM Online) | Women participants will be offered a scholarship of Rs. 1,00,000 each on a need-cum-merit basis. The number of scholarships offered will depend on the total number of students in the batch and the number of applications received for scholarships. |
| PlacementDisbursement of scholarships (PGDM Online) | General scholarships: The scholarship amount will be adjusted in the fee for the last 2 terms for the participants who are selected for scholarships. Women’s scholarships: The scholarship amount of ₹ 1,00,000 for eligible women applicants will be adjusted towards the 6th installment of the tuition fees. |
| Merit awards (PGDM Online) | Based on the overall academic performance, the top 3 meritorious participants will be awarded the Dean’s Top Three (DTT) Certificate. |
Every participant admitted as a full-time scholar receives a stipend for the first four years of the programme.
Contingency grants help the full-time participant to access the necessary equipment and facilities for research. The amount is reimbursed after verification of the submitted bills.
S P Jain Institute of Management and Research also supports FPM scholars in their research. Examples of research grants are costs for running a lab experiment and receiving survey responses.
SPJIMR Mumbai offers several scholarships for its PGDM program, including Merit-cum-Means Based Financial Assistance, Mirae Asset Foundation (MAF) Scholarship, and Merit-Based Scholarship. The Merit-cum-Means Based Financial Assistance is available to needy PGDM participants in their first and second years, based on financial need, academic performance, extracurricular activities, and conduct. The MAF Scholarship is awarded to meritorious and needy participants whose family income is less than Rs. 8 lakhs, with two participants each from the first and second year receiving Rs. 5 lakhs. The Merit-based Scholarship is applicable for second-year participants based on their first-year performance.
SPJIMR Mumbai's library is a state-of-the-art facility that houses a rich collection of management literature and electronic resources. It offers a wide range of services with exceptional academic resources, providing students and staff members access to comprehensive materials for their research and studies.
The infrastructure is modern and student-centric. Wi-Fi is provided in classrooms, hostels, and academic blocks. The library is very good with current management journals, case studies, and international publications. Classrooms have smart boards and AC. Hostels are clean and well-maintained.
The classrooms, hostels, mess facilities, libraries and recreation facilities are thoughtfully designed to help students navigate their B-school journey with ease. The staff is responsive, attentive, and dedicated to meeting student needs, ensuring a smooth and comfortable experience for all the students.
SPJIMR's campus feels like it was designed keeping the students in mind. The classrooms are really well-equipped and the hostels are very comfortable. The campus staff is prompt in responding to all requests.
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SP Jain’s BBA has a reputation for global exposure because students rotate between campuses located in Dubai, Singapore, and Sydney. The campuses are high-quality, and the peer group is diverse -- bringing together students from numerous countries which helps develop a vibrant and competitive crowd. The study abroad
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The Indian Institute of Management (IIMs), particularly the newer ones, are growing rapidly in stature but still differ from renowned MBA colleges like XLRI, SPJIMR, and FMS in terms of academic rigor, placements, and return on investment (ROI).
Here's a comparative analysis :
Placements:
Newer IIMs : Average CTC
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S.P. Jain Institute of Management and Research provides students with valuable exposure, fostering their growth in their chosen fields. Under the mentorship of seasoned faculty, students have the opportunity to secure positions in leading companies, often with attractive salary packages and help them grow in several aspects.
SPJIMR Mumbai facilities include a fully computerised library, separate hostels for boys and girls, a health centre, sports facilities, modern IT infrastructure, a cafeteria, an auditorium, wifi and several others.
According to the NIRF Ranking 2025, SPJIMR Mumbai secured the 20th position in the management category. The institute had also achieved the same 20th rank in the NIRF Ranking 2024.
Yes, SPJIMR Mumbai is widely regarded as a Tier 1 management institution in India. The institution has been accredited by the NBA (National Board of Accreditation), AMBA (Association of MBAs) and as per the latest placement drive, several leading recruiters have participated, offering high salary packages to students.
Yes, SPJIMR facilities includes the hostel facility for the students. SPJIMR hostels are equipped with excellent residential facilities. Students staying at SPJIMR hostel have easy access to library and computer facilities along with all other amenities like televisions, table-tennis tables, water filters and coolers, coffee vending machines as well as washing machines. Hostels are are connected through a high-speed 24-hour Internet facility via WiFi and LAN.
S P Jain Institute of Management and Research (SPJIMR), Mumbai is a private management institution. It was established in 1981 under the aegis of Bharatiya Vidya Bhavan and offer postgraduate and doctoral-level management programmes.
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
AICTE Approved | NAAC A++ | Category 1 University by MHRD | Highest CTC 1.4 Cr LPA from Amazon | Application Deadline: 29th May'26
MBA @ P P Savani University | NAAC A+ Grade | 100% Placement Assistance | Apply Now
AICTE Approved | NBA Accredited | NAAC A+(2nd Cycle) Accredited. Highest CTC: 24 LPA | Average CTC: 11.17 LPA
98.74% Students Placed | 180+ Recruiters on Campus | Average CTC 7.25 LPA
North India's Largest Educational Group | NIRF Ranked 87 | NAAC A+ Grade | Highest Package 1.6 Cr | Avail 50% Waiver on Application Fee | Last Date: 31st May'26