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SP Jain (SPJIMR) Latest Updates and News
The CAT 2024 exam has concluded, and the provisional answer keys are set to be released on December 3, 2024. Candidates will have the opportunity to raise objections to the answer keys via the Objection Management link on the CAT website (https://iimcat.ac.in). The objection window will be open from December 3 to December 5, 2024.
Established in 1981, SP Jain Institute of Management and Research is a prominent management institute renowned for its flagship PGDM program. The institute holds accreditation from AACSB. For admission to SP Jain's PGDM program, candidates are selected based on their CAT scores, followed by two rounds of interviews. The CAT cut-off set by SP Jain is 85 percentile overall. The total fee for the PGDM program at SP Jain is INR 24 lakh for a duration of two years.
SP Jain Institute of Management and Research (SPJIMR), located in Mumbai, India’s financial capital, is well-connected with key transit points, being just 7 km from Chhatrapati Shivaji Maharaj International Airport and 2 km from Andheri Railway Station. The institute recently concluded placements for the 2024 batch, where 72 top recruiters hired 240 students. The average package offered was INR 33 LPA, with the highest package reaching INR 81 LPA. SPJIMR’s flagship program is the PGDM, alongside other offerings such as PGDM BM, PGPM, GMP, Executive PGDM, Online PGDM, and Doctoral Programs. Admission to the PGDM program is based on CAT/GMAT scores, followed by a comprehensive evaluation of the candidate’s profile.
SPJIMR Highlights
SPJIMR achieved 100% placements for the 2024 batch, with an average package of INR 33 LPA and a median package of INR 31.50 LPA. The institute operates across four campuses located in Mumbai, Dubai, Singapore, and Sydney, offering students opportunities for international exposure and study abroad programs.
The PGDM program at SPJIMR allows candidates to select one of four specializations during the application
Read MoreSP Jain (SPJIMR) Latest Updates and News
The CAT 2024 exam has concluded, and the provisional answer keys are set to be released on December 3, 2024. Candidates will have the opportunity to raise objections to the answer keys via the Objection Management link on the CAT website (https://iimcat.ac.in). The objection window will be open from December 3 to December 5, 2024.
Established in 1981, SP Jain Institute of Management and Research is a prominent management institute renowned for its flagship PGDM program. The institute holds accreditation from AACSB. For admission to SP Jain's PGDM program, candidates are selected based on their CAT scores, followed by two rounds of interviews. The CAT cut-off set by SP Jain is 85 percentile overall. The total fee for the PGDM program at SP Jain is INR 24 lakh for a duration of two years.
SP Jain Institute of Management and Research (SPJIMR), located in Mumbai, India’s financial capital, is well-connected with key transit points, being just 7 km from Chhatrapati Shivaji Maharaj International Airport and 2 km from Andheri Railway Station. The institute recently concluded placements for the 2024 batch, where 72 top recruiters hired 240 students. The average package offered was INR 33 LPA, with the highest package reaching INR 81 LPA. SPJIMR’s flagship program is the PGDM, alongside other offerings such as PGDM BM, PGPM, GMP, Executive PGDM, Online PGDM, and Doctoral Programs. Admission to the PGDM program is based on CAT/GMAT scores, followed by a comprehensive evaluation of the candidate’s profile.
SPJIMR Highlights
SPJIMR achieved 100% placements for the 2024 batch, with an average package of INR 33 LPA and a median package of INR 31.50 LPA. The institute operates across four campuses located in Mumbai, Dubai, Singapore, and Sydney, offering students opportunities for international exposure and study abroad programs.
The PGDM program at SPJIMR allows candidates to select one of four specializations during the application process, enabling early focus and tailored learning. Unlike most business schools, SPJIMR replaces the traditional summer internship with an Autumn Internship. Conducted in the second year after the third semester, this unique approach ensures students are better prepared and possess a clearer understanding of their chosen specialization, enhancing the internship experience.
SP Jain Ranking
SPJIMR Mumbai achieved the 20th position in the NIRF 2024 ranking, securing its place among the top management institutes in the country. Additional rankings for SP Jain are provided in the table below:
Ranking Body | Year | Category | Rank |
---|---|---|---|
NIRF | 2024 | All India Management | 20 |
IIRF | 2024 | Private B-School | 3 |
IIRF | 2023 | Private B-School | 4 |
QS Global | 2023 | MBA | 29 in Asia |
Business Today | 2023 | Top B-School | 5 |
Business Today | 2023 | Executive MBA (EP BM) | 7 |
Business Today | 2023 | 1-Year MBA (PGPM) | 8 |
FT Global | 2022 | Masters in Management | 2 in India and 44 in World |
SP Jain Courses
SPJIMR Mumbai provides a range of postgraduate, executive, and doctoral programs. The key features of select major courses are outlined below:
Course | Program Details |
---|---|
PGDM | Intake: 240 (PGDM), 120 (PGDM-BM) Eligibility: Bachelor’s degree with 50% marks (Candidates in final year can also apply for PGDM/ PGDM BM) Selection criteria: CAT/ GMAT + Personal Interview |
PGDM BM | |
PGPM | Eligibility: Bachelor’s degree with 50% marks and a minimum of 5 years of work experience. Selection criteria: CAT/ GMAT + Personal Interview |
GMP | Eligibility: Graduation with 55% marks Selection criteria: GRE/ GMAT/ CAT/ XAT/ NMAT + Personal Interview |
SP Jain Fees
The table below illustrates the fees for various courses at SPJIMR Mumbai:
Courses | Fees | |||||||||||||||||||||||||||||||||||||||
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PGDM |
Indian participants:The fee for Indian participants is ₹ 22.50 lakhs* This fee includes tuition fee and basic hostel/ accommodation. *This fee is indicative and is subject to revision (The Global Fast Track (GFT) is an optional component of the PGDM and PGDM (BM) programs. Please note that the fees mentioned above do not include the expenses associated with the GFT program). International participants:The fee for International participants is ₹ 31.50 lakhs* This fee includes tuition fee and basic hostel/ accommodation. *This fee is indicative and is subject to revision (The Global Fast Track (GFT) is an optional component of the PGDM and PGDM (BM) programmes. Please note that the fees mentioned above do not include the expenses associated with the GFT programme). |
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PGDM BM | ||||||||||||||||||||||||||||||||||||||||
PGPM |
PGPM fee structureThe fee below is indicative and is subject to revision:
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GMP |
The fee for six months of GMP at SPJIMR Mumbai is ₹ 7,25,000 plus taxes. GMP participants receive a special tuition fee at the international partner school based on the SPJIMR partnership. The ballpark figure for the programme expenses at SPJIMR and the partner school costs is approximately ₹ 25 to 90 lakhs. |
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PGMPW | INR 10,95,188 (In-campus) INR 14,52,875 (Hybrid) |
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PGEMP |
PGEMP fee structureThe current fee is ₹ 9,50,000/- plus applicable taxes. It includes tuition fees, lodging & boarding charges and study material charges. Note: Taxes, as applicable, will be extra. The fee is subject to revision without prior notice. InstalmentsIndividual applicants (not sponsored financially by their organisation) can avail of the instalment facility per the schedule below. Taxes will be applicable on each installment
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PGPGM |
PGPGM fee structureThe total programme fee for the two-year programme is ₹ 9.5 lakhs only. This fee is payable in easy instalments. Participants can avail of the bank loan facility if required. This fee does not include the optional International Immersion module expenses. Note :-
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EP-BM | INR 4,69,400 (13 months) | |||||||||||||||||||||||||||||||||||||||
FPM | No fee charged |
SP Jain Admission 2025
Admission to the SP Jain PGDM program relies on CAT or GMAT scores. Candidates undergo initial screening based on their profiles and performance in the CAT/GMAT exam. Following this, selected candidates proceed to two rounds of personal interviews. Final admission decisions consider various factors such as academic background, entrance test scores (CAT/GMAT), professional experience, and performance in the interview rounds.
PGDM Program
The SP Jain PGDM admission process comprises the following stages:
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Application Form: Interested candidates can complete the application form, which is available on the SP Jain Institute of Management and Research website.
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Shortlist for PI: Candidates will be shortlisted for the Personal Interview (PI) based on their profiles and their scores in CAT or GMAT.
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Personal Interview: Shortlisted candidates are required to participate in two rounds of interviews, one conducted online and the other in-person.
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Final Selection: The final selection will be determined by evaluating the applicant’s profile, academic record, entrance test scores (CAT / GMAT), work experience, and performance in the two rounds of interviews.
SPJIMR Placements 2024
SPJIMR concluded its placements for 2024 with a remarkable 100% placement rate. The highest package offered stood at INR 81 LPA, while the average package was INR 33 LPA. A significant portion of the batch, over 70%, secured offers of INR 30 LPA, and 90% received offers of INR 25 LPA. The students received a total of 138 pre-placement offers across various sectors, with the Consulting sector leading at 35% placements. SPJIMR saw participation from 72 recruiters, including 33 new ones, with prominent names like Accenture Strategy, Deloitte, Boston Consulting Group, and Nomura.
In the Autumn Internship Placements for 2024, SPJIMR recorded 340 offers from 53 recruiters. The average stipend increased by 7% to INR 3.15 Lakhs, with the highest stipend offered being INR 4.40 Lakhs. The FMCG sector emerged as the top recruiting sector, constituting 37% of the total offers, followed by the Consulting sector with 25% offers.
SPJIMR Placements 2024 Report
Particulars | Placement Statistics 2024 |
---|---|
Number of Students | 292 |
Number of Recruiters | 72 |
Number of New Recruiters | 33 |
Number of PPOs | 138 |
Highest Package | INR 81 LPA |
Average Package | INR 33 LPA |
Median Package | INR 31.50 LPA |
Top Recruiters | Accenture Strategy, BCG, Colgate Palmolive, HUL, P&G |
SPJIMR Scholarships
SPJIMR offers Institute-sponsored scholarships to the FPM, GDP and PGDM students. The scholarship details are given in brief below:
- FPM Scholarship: SP Jain Institute of Management & Research offers 100% scholarships to selected candidates in FPM courses. Institute offers Financial support of INR 40000 per month till Coursework Phase, followed by INR 42,000 per month after passing the qualifying exam and INR 45000 Per month after proposal defense.
- PGDM Merit cum - Means Based Financial Assistance: SPJIMR also offers merit cum scholarships to the meritorious students of the PGDM program.
- GPM Merit cum - Means Based Scholarship: GPM students get scholarship benefits of a maximum 100% extent as per merit basis.
SPJIMR Mumbai Faculty
SPJIMR Mumbai Faculty Ratio currents stand at 1:6 (approx) including the 16 Ad Hoc faculty members. The faculty members are the institutes known for making students' knowledge Engine with unique pedagogy designs. The current strength of full-time faculty members is 69.
Dr. Anil Vishnu Vaidya, currently Professor and Head- ERP Implementation Programme, has graduated from the University of Bradford, School of Management, Bradford, UK. On the other hand, faculty like Dr. Hemant Kumar Manuj, Associate Professor - Finance and Area Head - Finance, had 20 years of experience in Market Risk, Asset Liability Management (ALM), and Early Warning Signals (EWS) generation for IDFC Ltd and IDFC Bank.
Life at SP Jain:
SP Jain operates primarily from its main Mumbai campus, supplemented by a center in Delhi. The Mumbai campus, characterised by its beauty and tranquility, provides students with a distinctive living experience. It serves as the venue for all full-time and modular residential programs. The campus boasts a modern infrastructure, well-appointed with essential facilities such as classrooms, a library, labs, hostels, sports facilities, and more.
The SP Jain hostels receive high praise from students, offering well-furnished rooms with 24-hour internet connectivity. Amenities provided include water filters and coolers, washing machines, TVs, coffee vending machines, and table tennis tables. The conducive living environment enhances the overall experience of students at SPJIMR Mumbai.
SPJIMR Alumni
SP Jain Institute of Management and Research has a large alumni network of more than 10,000 and many of them are leading professionals in the corporate sector, social sector and public life. Some of the notable alumni are given below:
- Mahesh Madhavan: CEO at Bacardi Limited
- Deepak Iyer: Managing Director at Mondelez International, India
- Deepak Rastogi: President and Group CFO at Tata Autocomp Systems
- Mahesh Rupanagudi: Forbes Europe 30 under 30
- Shilpa Divekar Nirula- CEO, India, Monsanto
- Indrajit Gupta- Founding Editor, Forbes India
- Arya Sekhar- MD, Morgan Stanley- Risk Management, New York
SPJIMR FAQs
Q. What student clubs are there at SPJIMR?
Ans. SP Jain Institute of Management & Research students clubs are a source of the interaction of students with professionals and alumni as per area of interest. The student's clubs operating at the institutes are:
- Business Consulting Club
- Speak Up Club
- Business Technology Club
- SPin (Dance Club)
- Tasveer-The creatives club
- Jalsa – Diversity & Inclusion Club
- B-Major (Music Club)
Q. What are SPJIMR Centres of Excellence?
Ans. SP Jain Institute of Management & Research has 5 Centres of Excellence managing innovation and initiative programs. The centres are as follows:
- Centre for Entrepreneurship Development (CED)
- Centre for Project Management
- Centre for Development of Corporate Citizenship (CDOCC)
- Centre for Education in Social Sector (CEdSS)
- Centre for Family Managed Businesses (CFMB)
Q. Who are top recruiters at SPJIMR?
Ans. The top recruiters of SP Jain Institute of Management & Research are Avalon Consulting, Accenture Strategy, Bain & Company, Deloitte, Boston Consulting Group, GEP, Ernst & Young, IBM, KPMG and PwC.
Q. What are the contact details of SPJIMR?
Ans. Interested Candidates can contact SP Jain Institute of Management & Research, Mumbai through details given below:
Address: SP Jain Institute of Management & Research Bhavan's Campus Munshi Nagar | Dadabhai Road, Andheri West | Mumbai - 400 058, India
Reception Call: +91 22 61454200
Email: [email protected]
Telephone:+91-22-2623-0396/ 2401
+91-22-2623-7454
Q. Which is better: NMIMS or SPJIMR?
Ans. Students at NMIMS have to spend 6-8 weeks on a summer project of 100 marks between the 1st and the 2nd year while pursuing a full-time MBA. SP Jain Institute of Management & Research is the only B-school that has autumn internships as compared to summer internships. The students opt for internships after they choose their specialisation.
Q. What is a good profile for SP Jain Institute of Management and Research?
Ans. A good extra-curricular profile can have a major achievement in one particular area - state/national level sports, concert-level musician/dancer, or any other achievement that clearly puts you in the top percentiles in that area and one more interest which can be minor.
Q. Does SPJIMR have a hostel?
Ans. Hostel facilities are provided to all students of SP Jain Institute of Management and Research. There are 2-sharing and 3-sharing rooms, and the rooms are spacious. All rooms are equipped with air-conditioners. A swimming pool and other facilities like tennis, etc., can be availed from the nearby Andheri Sports Complex at discounted rates for SPJIMR students.
Q. Why is SPJIMR worth opting for?
Q. Is it tough to crack interviews at SP Jain Institute of Management and Research for PGDM?