SPJIMR Mumbai: Admission 2026, Fees, Placements, and Rankings

S. P. Jain Institute of Management and Research (SPJIMR), Mumbai, established in 1981, is one of India’s best business schools. It is a part of Bhartiya Vidya Bhavan and holds prestigious accreditations from AICTE and AACSB. The institute has consistently featured among the top-ranked management schools, with India Today, IIRF, and The Week placing it in the top ten nationally. Located in the financial and cultural hub of Mumbai, SPJIMR offers students unmatched industry exposure.

The flagship PGDM program is a two-year full-time program. Admissions are through the CAT or GMAT exam, followed by GD, WAT, and two Group interviews. Admissions are both profile-based and entrance-based. The institute admits around 800 students across PGDM programs. SPJIMR Mumbai PGDM fee is INR 22.5 Lakhs. The institute has an outstanding record of placements. In 2025, the highest CTC reached INR 89 LPA, with leading recruiters such as BCG, McKinsey, Google, HSBC, and Accenture Strategy. The Class of 2026 also secured excellent summer placements, with an average stipend of INR 1.56 Lakh per month and the highest stipend of INR 3.5 Lakh per month. 

SPJIMR Mumbai Highlights

The table below presents key highlights of SPJIMR Mumbai, including fees, the highest package, accreditations, and more. 

SPJIMR Mumbai Courses & Eligibility

The table below provides information on SPJIMR Mumbai Courses, eligibility, and Selection Criteria.

SPJIMR Mumbai Fees

Below are mentioned the SPJIMR Mumbai fees for the course offered.

SPJIMR Mumbai Admission 2026

SPJIMR Mumbai Admission registration, selection, and admission confirmation are the three stages of the procedure. Candidates can begin by enrolling in their selected course. Here's a step-by-step description of the SPJIMR Mumbai admissions process:

• Application: Candidates must fill in the online application form (opens in September) and pay INR 2000 for one program or INR 3000 for both PGDM & PGDM-BM.
• Shortlisting: Applicants are shortlisted based on profiles and qualifying CAT/GMAT scores. Profiles are evaluated for:
  • Consistent academic record (10th, 12th, graduation).
  • Relevant work experience for chosen specialization.
  • Versatility and achievements across diverse fields.
• Categories: Shortlists are released in two phases:
  • Profile-Based(before test scores)
  • Profile-cum-Score-Based(after test scores)
• Interviews: Shortlisted candidates attend two rounds of group interviews to assess overall fitness for the program.
• Final Selection: Admission offers are made based on a composite score that considers academic record, entrance exam scores, work experience, achievements, and interview performance.

SPJIMR Mumbai Seat Intake

SPJIMR Mumbai offers 276 seats in its PGDM (General) program. Check the complete details about S.P. Jain Mumbai Seat Intake.

SPJIMR Mumbai Cutoff

SPJIMR Cutoff 2025 will be released after CAT 2025. However, SPJIMR CAT Cutoff 2024 and GMAT Cutoff are mentioned below.

SPJIMR Mumbai Scholarships

The goal of financial assistance and scholarships is to provide financial support to deserving PGDM students, which is offered annually after the program commences. Below are mentioned SPJIMR Mumbai Scholarships

1. Merit cum means-based Financial Assistance

The institute provides financial assistance to needy PGDM participants in the first and second year, based on assessment of need, academic performance, extra-curricular activities, and conduct. The assistance is in the form of reimbursement of the tuition component of the PGDM fee structure. Applications are invited in July, and panel evaluations determine partial or full financial assistance.

2. Mirae Asset Foundation Scholarships

The Mirae Asset Foundation, an Indian charitable foundation, is dedicated to educational development. They offer the MAF Scholarship, which provides scholarships to meritorious PGDM first- and second-year participants with family incomes below INR 8 lakhs. Each year, two participants are awarded INR 5 lakhs each, known as Mirae Asset Scholars. The foundation provides detailed guidelines to prospective applicants after the program commences.

SPJIMR Mumbai Placements 2025

SPJIMR Mumbai has once again achieved an exceptional placement season for the PGDM and PGDM-BM batches of 2025, recording a 100% placement rate. This year, the institute witnessed several new companies like Google, HSBC IB, Zomato, and FedEx joining the process. 37% of the batch was placed in the Consulting domain, and 90% of students received offers exceeding INR 25 LPA. Additionally, in the Summer Internship Placements for the Class of 2026, the average stipend stood at INR 1.56 Lakh per month, while the median stipend was INR 1.5 lakh per month. The highest stipend offered touched INR 3.5 lakh per month. See the table below for major information on SPJIMR Mumbai Placements 2025:

SPJIMR Mumbai Rankings 2025

SPJIMR is one of the top-ranked institutions in India in the management category. In IIRF 2025, it is the #1 private B-school in India, up from 3rd rank in 2024. Refer to the table below for SPJIMR Mumbai rankings 2025:

SPJIMR Mumbai Facilities

SPJIMR Mumbai, a 45-acre campus, offers state-of-the-art classrooms, a library, cafeterias, and wireless connectivity. Located near Juhu beach, the campus provides easy access to Mumbai's cultural, foodie, entertainment, and shopping destinations. Check SPJIMR Mumbai campus facilities below:

• Learning Spaces: Equipped with advanced hybrid and non-hybrid classrooms, tutorial rooms, seminar halls, and laboratories, SPJIMR ensures interactive and immersive learning experiences.
• Hostel Accommodations: Comfortable single, double, and triple-sharing rooms are available with all essential amenities. The hostels also provide on-call medical support for students’ well-being. SPJIMR Mumbai hostel offers various amenities such as a television, table-tennis tables, water filters, coolers, coffee vending machines, ACs, and washing machines, with separate rooms for boys and girls. The Hostel Fees range approximately INR 2 to 2.5 Lakhs per year (varies by program and room type).
• Library: The SPJIMR library offers a rich academic collection with 29,000+ books, 30,000+ eBooks, and a rare digital archive of 8,000+ CD-ROMs and DVDs, along with extensive electronic resources.
• Cafeterias: Dining options include a central mess, two bistros, an executive dining area, and a hostel night canteen. All outlets serve hygienically prepared vegetarian meals throughout the day.
• Recreation Centre: A modern recreation hub with indoor sports, open-sky games such as pickleball, a fully equipped gym, and yoga classes led by certified trainers. Facilities remain open from 6:00 a.m. to 12:00 a.m.
• Outdoor Sports Facilities: The campus features well-maintained cricket, basketball, football, and volleyball courts. These grounds host SPrint, SPJIMR’s annual sports festival, known as the largest B-school sports fest in India.

SPJIMR Mumbai Faculty

SPJIMR Mumbai faculty combines academic experts, industry and non-profit professionals, and scholar-practitioners, creating a rich and diverse learning environment. Below is the list of SPJIMR Mumbai faculty members.

SPJIMR Mumbai Alumni Network

S.P. Jain Institute of Management and Research's alumni base is really strong. The alumni network includes founders, CEOs, CIOs, Directors, MDs, and Presidents of the top organizations. See the table below for the names of a few SPJIMR top alumni, leading from the front: 

Name	Designation	Photograph
Madan Padaki	Founder and CEO 1Brick
Mahesh Madhavan	CEO, Bacardi Limited
Debjani Ghosh	President, NASSCOM
Naveen Prasad	Founder and Managing Partner, Agilis (Capital) Advisors
Rajesh Jejurikar	Executive Director (Auto and Farm Sector), Mahindra Group
Deepak Rastogi	President and Group CFO, Deepak Fertilisers And Petrochemicals Corp. Ltd.
Gyanendra Shukla	Chief Executive Officer and Managing Director, Rallis India Ltd
Deepak Iyer	President, Mondelez International, India
Priti Rathi Gupta	Managing Director and Founder, Ishka Films Private Limited and LXME
Sunil Lulla	Founder and Chief Evangelist, The Linus Adventures LLP
Balaka Niyazee	Senior Vice President, Feminine Care, North America, Procter and Gamble
Shilpa Divekar Nirula	Head of Asia Pacific Business Strategy, Bayer Crop Science, Monsanto
Suraj Bahirwani	President and Global Sales Head, Grasim Industries Limited, Pulp and Fibre
Mansi Madan Tripathy	Country Chair, Shell India and Vice President, Shell Lubricants, Asia Pacific
Ritu Gangarde Arora	CEO and CIO, Asia Pacific, Allianz Investment Management

Image Credit: All the images in the table above are taken from the official website of SPJIMR Mumbai.