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SP Jain [SPJIMR], Mumbai
What Students Say?
Likes
- I chose PGDM in Marketing at SPJIMR because it is one of the best-known in the country.
- It was a great learning experience because I was able to have a broad overview of many operational activities.
- The placement scenario is very good since the college is based in Mumbai, where most of the companies are located.
These insights are automatically extracted from student reviews
About SP Jain (SPJIMR)
SP Jain aka S. P. Jain Institute of Management and Research (SPJIMR). Established in 1981, SP Jain is known for its Culture and Diversity, Abhyudaya Program, Global Exposure and Great RoI. SP Jain is recognised as one of the best B-Schools, both in India and abroad. SP Jain is ranked 20th by NIRF 2023 in the Management Category and 40th Globally by FT Masters in Management 2023 ranking.
SP Jain is located in the financial capital of India, Mumbai. Chhatrapati Shivaji Maharaj International Airport is about 7 kms away from the Campus, while the closest railway station, Andheri, is 2 km away from the Campus.
SP Jain’s Placement for the batch of 2024 has been concluded. A total of 72 Top Recruiters participated in the placement drive for 240 students. SP Jain’s average package was recorded at INR 33 LPA, with the highest package reaching INR 81 LPA.
SP Jain PGDM program is the Flagship Program of the Institute. SP Jain offers PGDM BM, PGPM, GMP, Executive PGDM, Online PGDM and Doctoral Programs. Admission to the PGDM program is based on CAT / GMAT scores, followed by the evaluation of the candidate’s profile.
SP Jain Highlights
- SP Jain has recorded 100% Placement for the batch of 2024. SP Jain average package and median package was INR 33 LPA and INR 31.50 LPA respectively.
- SP Jain has 4 campuses in Mumbai, Dubai, Singapore and Sydney respectively. These campuses offer opportunities to study abroad as well.
- SP Jain offers candidates the opportunity to choose from four Specializations in the PGDM program during the application process, enabling them to focus early in the program.
- Unlike other B-Schools, SP Jain does not have a Summer Internship; instead, it provides an Autumn Internship for its students. SP Jain's autumn internships stand out because they let students do corporate internships in their second year, rather than after their first. Taking place after the third semester at SP Jain, students are better prepared and also have a clearer vision of their specialization.
Table of Content
SP Jain Admission 2024
- Eligibility Criteria: Candidates with a Bachelor’s Degree with 50% Marks are eligible for the program. Candidates without any prior Work Experience or with less than 5 Years of Work Experience are eligible to apply. A valid score of 85 Percentile is required in CAT / GMAT for admission.
- Admission Process: SP Jain has a unique Admission Process for its Students. The Institute shortlists its candidates based on their Profile Evaluation. Candidates are sorted into 2 groups: Profile-based and Profile-cum-Score-based.
The detailed instructions for admission are given below:
SP Jain Cutoff
- SP Jain CAT Cutoff is 85 Percentile Overall and 75 Percentile Sectional.
- SP Jain GMAT Cutoff is 85 Percentile Overall.
The detailed cutoff is mentioned in the table below:
| CAT 2023 | Percentile |
|---|---|
| Overall | 85 |
| Verbal Ability and Reading Comprehension | 75 |
| Data Interpretation and Logical Reasoning | 75 |
| Quantitative Ability | 75 |
| Entrance Test | Sectional | Overall | ||
|---|---|---|---|---|
| GMAT (Jan 01, 2021 to Dec 31, 2023) | Verbal | Quantitative | - | 85 |
| 75 | 75 | - | ||
| GMAT Focus Edition (Nov - Dec 2023) | Verbal | Quantitative | Data Insights | 85 |
| 75 | 75 | 75 | ||
SP Jain Courses & Fees
- SP Jain offers a 2 Year PGDM and a PGDM BM Program.
- Additionally, SP Jain also offers Part-time PGPM, PGMPW, GMP, PGEMP, PGPGM and various other programs.
- SP Jain also offers a PGPFMB program, along with PGDM Online and a Doctoral Program.
Here are some highlights of the Courses offered by SP Jain:
| Course Name | Admission Criteria | Total Fees |
|---|---|---|
| PGDM & PGDM BM | Eligibility: Bachelor’s Degree with 50% Marks or Students in their Final Year of Graduation Selection Criteria: CAT / GMAT Scores + Academic Record + Work Experience + Profile (Versatility and Achievements) + Interview Duration: 2 Years Batch Size: PGDM - 276; PGDM BM - 120 | INR 24,00,000 |
| PGPM | Eligibility: Bachelor’s Degree with 3 Years of Work Experience Selection Criteria: CAT / GMAT Scores + Academic Record + Work Experience + Profile (Versatility and Achievements) + Interview Duration: 18 Months | INR 23,50,000 |
| GMP | Eligibility: Bachelor’s Degree with 55% Marks Selection Criteria: CAT / GRE / GMAT / XAT / NMAT Scores + Academic Record + Work Experience + Profile + Interview + Letter of Recommendation + Statement of Purpose + Video Essays Duration: 12 - 24 Months | INR 20,00,000 - INR 60,00,000 |
| PGMPW | Eligibility: Bachelor’s Degree with 2 Years of Current Break and 3 Years of Work Experience Selection Criteria: CAT / GMAT Scores + Academic Record + Work Experience + Profile + Interview Duration: 11 Months | INR 23,50,000 |
| PGPFMB | Eligibility: Undergraduate with Member of Family Managed Business and Interested in Carrying on Family Business with Senior Generation Mentor from the Family Selection Criteria: Online Aptitude Test + Interview + Assessment Duration: 18 Months | INR 17,05,000 |
| PGDM (Online) | Eligibility: Bachelor’s Degree with 50% Marks Selection Criteria: Profile + Interview | INR 10,00,000 |
| PGEMP | Eligibility: Bachelor’s Degree with 50% Marks with 5 Years of Work Experience or Diploma Holders with 10 Years of Work Experience Selection Criteria: Executive Assessment / Test of Reasoning + Group Discussion + Personal Interview Duration: 21 Months | INR 9,50,000 |
| PGPGM | Eligibility: Bachelor’s Degree with 50% Marks with 4 Years of Work Experience Selection Criteria: CAT / MAT / GMAT / ATMA / CMAT / XAT Scores + Academic Record + Case Analysis + Work Experience + Interview Duration: 2 Years | INR 9,50,000 |
| PGPDM | Eligibility: Bachelor’s Degree with 2 Years of Work Experience Selection Criteria: Profile + Personal Interview Duration: 12 Months Batch Size: 41 | INR 1,50,000 - INR 3,00,000 |
| PGP MBM | Eligibility: Bachelor’s Degree with 50% Marks Selection Criteria: Test of Reasoning + Personal Interview Duration: 13 Months | INR 4,69,500 |
| FPM | Eligibility: Master’s Degree or Integrated First Class Master’s Degree or CA, ICWA or CS with 60% Marks Selection Criteria: RAT Scores + Research Proposal + Academic Record + Work Experience + Profile + Personal Interview Duration: 4 Years | Stipend: INR 40,000 - 45,000 per month |
- SP Jain has a batch size of 240 with an additional 36 seats for OCI/PIO, children of Indian workers in the Gulf countries and Foreign Nationals.
- XLRI has the largest batch size of 600, followed by IIM Lucknow at 576.
- JBIMS has the smallest batch size of 160 students.
- The following details give a rough idea of SP Jain class size in comparison to other B-Schools:
SP Jain Fees over the years:
SP Jain Batch Profile
SP Jain Batch Profile for 2024 is as follows:
- The batch consisted of 73% Male and 27% Female Students
- 86% of the batch had Work Experience while 14% were Freshers.
- 76% of the students were from Engineering background.
SP Jain Placement 2024
- SP Jain Average Package was recorded at INR 33 LPA
- 110 PPOs were offered to the Students
- 34% of offers were equal to or greater than INR 35 LPA
- 71% of offers were equal to or greater than INR 30 LPA
- 90% of offers were equal to or greater than INR 25 LPA
The table below shows the Placement Statistics of SP Jain:
| 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 |
SP Jain Average Package over the years is as follows:
- As of April 2024, JBIMS is yet to release their Placement Reports. Given below is a brief comparison of the same:
| Particulars | Average Package |
|---|---|
| SPJIMR | INR 33 LPA (2024) |
| XLRI | INR 29.89 LPA (2024) |
| IIM Lucknow | INR 30 LPA (2024) |
| IIM Indore | INR 25.68 LPA (2024) |
| JBIMS | INR 28.02 LPA (2023) |
SP Jain Autumn Internship Report 2024
- SP Jain Autumn Internship Report has been released for batch 2024
- The average stipend was recorded at INR 3.15 Lakhs with the highest stipend being INR 4.40 Lakhs
- The batch of 2024 received 340 offers from 53 Top Recruiters
Given below are the highlights of SP Jain autumn internship report:
| Particulars | Internship Statistics 2024 |
|---|---|
| Number of Recruiters | 53 |
| Number of First-time Recruiters | 28% |
| Number of Offers | 340 |
| Number of Students | 295 |
| Highest Stipend | INR 4.40 Lakhs |
| Average Stipend | INR 3.15 Lakhs |
| Median Stipend | INR 3 Lakhs |
| Top 20% Average Stipend | INR 4.25 Lakhs |
| Top 50% Average Stipend | INR 3.77 Lakhs |
| Top Sector | FMCG |
| Top Recruiters | DarwinBox, Investcorp, PhonePe, Amagi Labs |
SP Jain ROI - An Analysis
- SP Jain saw an increase in fees from INR 20.42 Lakhs to INR 24 Lakhs.
- Despite a consistent average package of around INR 33 LPA, the RoI decreased from 161.5% to 137.5%.
| ROI Calculation | |
|---|---|
| Total Fees (2024-26) | INR 24,00,000 |
| Average Placement (2022-24) | INR 33 LPA |
| ROI | 137.5% |
ROI Analysis of SP Jain Compared to Other Top Management B-Schools Over the Years is as follows:
| Institute Name | Total Fees | Average Package | ROI |
|---|---|---|---|
| SP Jain | INR 24,00,000 | INR 33 LPA | 137.5% |
| XLRI | INR 28,60,000 | INR 29.89 LPA | 104.5% |
| IIM Lucknow | INR 20,75,000 | INR 30 LPA | 144.6% |
| IIM Indore | INR 21,17,158 | INR 25.68 LPA | 121.3% |
| JBIMS (2023) | INR 6,10,000 | INR 28.02 LPA | 459% |
- XLRI charges the highest fees among the Top Institutions of INR 28.60 Lakhs while JBIMS has the lowest fees of INR 6.10 Lakhs
- IIM Lucknow has a lower fee of INR 20.75 Lakhs, offering a higher average package of INR 30 LPA and a remarkable RoI of 144.6%
Life at SPJIMR
Campus: SP Jain Campus is spread across 45 Acres in Mumbai. The green campus is well equipped with State-of-the-art Classrooms, Library, Hostel, Cafeterias, a Jogging Trail and Wireless Connectivity.
Hostel: SP Jain has separate Hostels for Boys & Girls. The hostel rooms are allocated on a Double or Triple Sharing basis. All the Hostel Rooms are Air conditioned and offer a Lake view from Balcony. Additionally, there is a Common Room well equipped with all the amenities.
A Typical Day at SP Jain: A Typical Day at SP Jain starts with Early Morning Lectures that can extend until 7-8 PM, but usually get over by 5-6 PM. Post lectures, evenings are dedicated to Assignments, Presentations, Pre-reads for Next Day Lectures etc.
| Business Consulting Club | Business Technology Club | Academic Committee |
| Speak Up Club | Shutterclicks | Sports Club |
| Placements Committee | Marketing & Communications Committee | Industry Integration Committee |
| Alumni Relations Committee | Analytics Club | Admissions Committee |
| Communications Committee | Abhyudaya Committee | Admap Committee |
5 Reasons to Join SP Jain
Global Exposure: SP Jain has campuses in International cities like Dubai, Singapore and Sydney. This global network provides opportunities for Students to immerse themselves in different cultures, regional business practices, political beliefs etc. Students have the chance to interact with faculty members and peers from different parts of the world.
Alumni Network: Alumni often play an Important role in providing Mentorship, Placements and Networking Opportunities to the current students. As one of the older B-Schools, SP Jain has a vast network of Alumni spread across the globe. SP Jain alumni connect to the students through Events, Workshops, Online Platforms etc.
Social Responsibility: SP Jain has a Social Responsibility program known as Abhyudaya. This program aims to provide quality education to deserving students from Underprivileged backgrounds in India. The Abhyudaya program serves as a platform for Social Change and provides Academic opportunities while fostering Personal Growth and Community Development.
Location Advantage: SP Jain is situated in Mumbai, which is the Financial Capital of India. Being situated in Mumbai, SP Jain can facilitate frequent interactions with Guest Speakers and Industry Experts. SP Jain provides ample opportunities for Students to engage in internships, networking, and industry exposure.
Diversity: SP Jain is known for its Diversity in its Student body. The student body brings lots of different ideas to class and campus. The students are from 25 or more states, and working in over 30 different fields. The gender split is about 70% male to 30% female. People at SPJIMR come from different age groups, ranging from 23 to 55 years old, with work experience ranging from 1 year to as much as 25 years.
SP Jain FAQs
Ques. Does SP Jain accept CAT scores?
Ans. Yes, SP Jain accepts CAT scores for admission into the PGDM program.
Ques. What is the minimum cut-off for SP Jain?
Ans. The CAT and GMAT cut-off for SP Jain PGDM admission is 85 percentile.
Ques. Can we apply to SP Jain without CAT?
Ans. Yes, the candidates who have not appeared for CAT can also apply to SP Jain, if they have appeared for GMAT.
Ques. Which exams are accepted by SP Jain?
Ans. SP Jain accepts CAT and GMAT for admission into the PGDM program at SP Jain.
Ques. How are placements at SP Jain?
Ans. In the 2024 placement drive at SP Jain, a total of 72 companies participated in the placement drive and offered jobs to 240 students. 90% of the offers have a salary higher than INR 25 LPA and the average package recorded was INR 33 LPA.
Ques. What is the salary of SP Jain MBA?
Ans. The average salary of SP Jain is INR 33 LPA as recorded in the 2024 placements.
Ques. What is the highest package of SP Jain?
Ans. In the 2024 placement drive at SP Jain, the highest package stood at INR 81 LPA.
Ques. What is the fee for SP Jain MBA?
Ans. The fee for the SP Jain PGDM program is INR 24,00,000 for 2 years, which includes tuition fees, hostel fees, and a global fast track.
Ques. How many seats are there in SP Jain MBA?
Ans. There are around 276 seats for the PGDM program and 120 seats for PGDM-BM at SP Jain.
Ques. Is it necessary for the PGDM students to stay in the SP Jain hostel?
Ans. Yes, PGDM is a 2-year residential program, thus it is mandatory for the students to stay in the hostel.
Ques. Can I change my PGDM specialization after I join the program at SP Jain?
Ans. In the first year, the students will study all the functional areas of management, providing a holistic perspective of general management. The 2nd year wil deal with specialization courses and the students will be given an option to change their specialization, at the end of the first year. This will be on the candidate’s performance, merit, and faculty panel decision.
Ques. Does SP Jain offer a scholarship to PGDM students?
Ans. The institute offers financial assistance to candidates based on the assessment of need, academic performance, and conduct.
Ques. Are there any special accommodation arrangements for married students at SP Jain?
Ans. SPJIMR provides hostel accommodation to all participants, but there is no provision for housing for partners of married participants.
Ques. What is the PGPM program at SP Jain?
Ans. PGPM program at SP Jain is on-campus residential module for 12 months (online module for 2 months), followed by 4 months of Industry and International Immersion. This course is for candidates with at least three years of work experience and strong domain expertise. The course will help participants to move to more expansive roles in general management.
Ques. What is the certificate awarded after completion of the PGPM program at SP Jain?
Ans. After completion of the PGPM program, the candidates are awarded a Post Graduate Diploma in Management - Business Administration (PGDM-BA).
Ques. What does the PGPM program prepare the candidates for?
Ans. The PGPM program at SP Jain prepares the candidates to lead larger teams and take up wider responsibilities in business. The PGPM participant grows as a manager with broader knowledge, skills, and the attitude to take on larger roles.
Ques. What are the eligibility criteria and specializations for the PGPM program at SP Jain?
Ans. The eligibility for the PGPM program is a Bachelor’s degree with 50% marks and a minimum of 3 years of relevant work experience. Specialization available for PGPM are Marketing, Finance, Operation Supply and Chain, Information Management, Business Analytics and General Management Track.
Ques. What is the validity of exams accepted for the PGPM program at SP Jain?
Ans. SP Jain accepted CAT and GMAT for PGPM admissions. Scores for GMAT should be taken between September 30, 2019 - September 30, 2024 or CAT scores for year 2021, 2022 and 2023.
Ques. What are the facilities available for the PGPM students on campus?
Ans. The PGPM students get a fully wifi-enabled campus and state-of-the-art classrooms equipped with the latest technology. The accommodations offered to PGPM students are spacious and hygienic and air-conditioned. The campus infrastructure includes a library & reading room, dining facilities, a gym, and other recreational facilities like sports grounds, walking tracks, and a music room. Medical and health care services such as doctor on call, doctor on campus, and emergency ambulance facilities are also available.
Ques. Does SP Jain offer placement services to PGPM students?
Ans. Yes. SP Jain offers placement services to PGPM students and also provides support in both preparing the students for placements as well as soliciting the participation of companies for the campus placement process. Placements typically begin in September and go on till December. The highest package being offered was INR 43.92 LPA. However, the average package for 2022 was INR 25.89 LPA.
Ques. Is placement service also available for students who have enrolled during the sabbatical?
Ans. Yes. Placement services are provided to students who have enrolled during a sabbatical as well.
Ques. Can PGPM students at SP Jain get financial aid?
Ans. Various banks provide loans based on the offer letter given by SPJIMR and some banks offer schemes to provide educational loans without collateral.
Ques. What is a GMP program at SP Jain?
Ans. GMP refers to the Global Management Programme (GMP). The 6 months of this program will be at SP Jain and the rest will be completed at a leading international partner school in Europe, the UK, or the US. The course is designed for participants aspiring to global careers. The course prepares the participants to lead international businesses by providing them with the necessary global perspectives and management skills.
Ques. What is the duration of GMP at the partner school after completing the curriculum at SP Jain?
Ans. The duration of the program can vary from 18 to 24 months, depending on the selected international partner school.
Ques. Do GMP students have to stay on the SP Jain campus?
Ans. Yes. GMP is a full-time residential program, so the participants have to stay on campus at SPJIMR, Mumbai for six months before moving on to study at their respective international schools.
Ques. Who can apply for the GMP program at SP Jain?
Ans. The candidates who have completed graduation with 55% marks or above and have valid scores in GRE/ GMAT/ CAT/ XAT/ NMAT are eligible to apply for the GMP program
Ques. Which schools have partnered with SP Jain as international partnered school?
Ans. Listed below are the international partnered school for the GMP program at SP Jain:
- Brandeis International Business School - Brandeis University, Boston, USA
- Robert H. Smith School of Business - University of Maryland, College Park, USA
- Stevens School of Business - Stevens Institute of Technology, New Jersey, USA
- University of Miami, College of Engineering - University of Miami, USA
- USC Marshall School of Business - University of Southern California, Los Angeles, USA
- Aston Business School - Aston University, Birmingham, UK
- IÉSEG School of Management - Université Catholique de Lille, Lille/Paris, France
- EBS Business School - EBS Universität, Oestrich-Winkel, Germany
- Nyenrode Business Universiteit - Nyenrode Business Universiteit, Amsterdam, The Netherlands
- European Business School - Reutlingen University
Ques. What are the advantages of SPJIMR GMP Partner Schools?
Ans. GMP is a prestigious programme that collaborates with top-ranked B-schools worldwide, providing students with multiple advantages. Some of the advantages are listed below:
- STEM designated programmes offered by our US partner schools, including two years of Optional Practical Training
- Opportunity to learn A2 Level French, German, and Dutch languages.
- Master Thesis or Internship intertwined with the completion of the degree
- Average packages ranging from USD 85,000 to USD 120,000 per annum in the US
- Up to 50% scholarship opportunities through SPJIMR’s GMP
Ques. What is a PGMPW program at SP Jain?
Ans. PGMPW is a general management program designed mainly for women who have taken a career break and now seek to return to their professional careers.
Ques. Is PGMPW a residential program?
Ans. PGMPW program is not a residential program. However, students can opt for hostel facilities, at the campus, at an additional cost.
Ques. Who can apply for the PGMPW program at SP Jain?
Ans. The candidates who fulfill the following requirements are eligible to apply for the PGMPW program at SPJIMR:
- Education: Bachelor’s degree in any discipline.
- Work Experience: Minimum 3 years of full-time work experience and not more than 2 years of career break.
- Entrance score: A valid score in GMAT/ NMAT/ CAT/ XAT.
Ques. Is there any age limit for admission into PGMPW at SP Jain?
Ans. No, there is no age limit for the PGMPW program at SP Jain.
Ques. If I am currently working then will I be eligible for the PGMPW program?
Ans. No, a minimum of 2-years break is essential to join the PGPMWE program. Only candidates who are currently on break are eligible to apply.
Ques. What is the admission procedure for PGMPW?
Ans. On completion of the online application form, the institute will schedule dates for a group and personal interview.
Ques. What is the duration of the internship for the PGMPW program?
Ans. The duration of the PGMPW internship will be 5 weeks.
Ques. Who can apply for FPM program at SP Jain?
Ans. The candidates who have a master’s degree with a first-class or an Integrated master’s degree or a professional qualification such as CA/ ICWA/ CS, with a minimum aggregate of 60% marks and a valid score in GMAT/GRE/CAT/UGC-NET/UGC-JRF/GATE are eligible to apply for the FPM program.
Ques. What is the FPM fee at SP Jain?
Ans. The FPM program at SP Jain is fully funded by the institute. The students have to pay only the non-refundable registration fees of INR 1000, and a refundable deposit of INR 10,000 at the time of admission.
Ques. Is SP Jain's FPM a residential program?
Ans. FPM program at SP Jain is a 4-year full-time program and an on-campus hostel accommodation is offered for the outstation candidates.
Ques. What is the intake of the FPM program at SP Jain?
Ans. SP Jain takes only 5 candidates per year for the FPM program.
Ques. Can I apply for more than one area of specialization for FPM admission at SP Jain?
Ans. Yes, the candidates can apply for a maximum of 2 areas of specialization for FPM admission at SP Jain.
Ques. Can I change my FPM specialization after joining the program at SP Jain?
Ans. Yes, one can change their specialization before finalizing the seminar courses for the respected area of specialization with proper reasons
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SP Jain (SPJIMR) Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
PGDM 2 Courses | ₹24 Lakhs (Total Fees) | Graduation with 50% | 31 Oct - 31 May 2024 | |
PG Program 1 Course | ₹17.05 Lakhs (Total Fees) | Graduation | 31 Mar - 31 May 2024 | |
| PGPM | ₹23.5 Lakhs (Total Fees) | Graduation with 50% | 31 Oct - 31 May 2024 | |
| MDP | ₹25,000 (1st Year Fees) | 10+2 | - | |
| Fellowship | ₹12 Lakhs (Total Fees) | Post Graduation | 21 Nov - 13 Feb 2024 | |
| GMP | ₹6.94 Lakhs (Total Fees) | Graduation with 55% | 31 Mar - 31 May 2024 | |
| Diploma | ₹23.5 Lakhs (Total Fees) | Graduation with 50% | 31 Mar - 31 May 2024 |
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
Certification 2 Courses | ₹25,000 - 95,000 (Total Fees) | 10+2 | 31 Mar - 31 May 2024 | |
PG Program 1 Course | ₹4.7 Lakhs (Total Fees) | Graduation with 50% | 1 May - 30 Jun 2024 | |
Executive 1 Course | ₹3.5 Lakhs (Total Fees) | Graduation | 10 Feb - 12 May 2024 | |
PG Diploma 1 Course | ₹10 Lakhs (Total Fees) | Graduation with 50% | 1 May - 30 Jun 2024 | |
| PGEMP | ₹9 Lakhs (Total Fees) | Graduation | 10 Feb - 12 May 2024 | |
| PG Program | ₹9.5 Lakhs (Total Fees) | Graduation | 10 Feb - 12 May 2024 |
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SP Jain (SPJIMR) Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Result Date | Upcoming Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| Programme Starts (Phase 1) [PGPM] | Dec 02, 2024 |
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Admit Card Date | Oct 25, 2024 |
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Result Date | Upcoming Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| Programme Starts (Phase 1) [PGPM] | Dec 02, 2024 |
| CAT 2024 Exam Date | Nov 24, 2024 |
| CAT 2024 Admit Card Date | Oct 25, 2024 |
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SP Jain (SPJIMR) Rankings 2024
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SP Jain (SPJIMR) Scholarship 2024
Scholarship provided by the college.
SPJIMR Mumbai scholarships are merit based. SPJIMR Mumbai offers 100% scholarships to students enrolled in Fellowship Programme Management (FPM).
SPJIMR Mumbai Scholarships Details
The below table represents SPJIMR Mumbai scholarship details:-
| Name of Scholarship | Amount of Scholarship |
| SPJIMR Merit based Scholarships | Up to INR 2 lakhs |
| Fellowship Programme Management | INR 40,000 per month (Course-work) + INR 42,000 per month (Post clearing qualifying exam) + INR 45,000 per month (Post successful defense of proposal) + INR 40,000 (Contingency grant) + INR 2,30,000 (Conference grants) |
Check SPJIMR Mumbai Courses and Fees
Scholarships offered by SPJIMR Mumbai
SPJIMR Mumbai Merit based Financial Assistance
- SPJIMR Mumbai offers financial assistance to needy participants of 1st and 2nd year. The scholarships are offered based on an assessment of need, academic performance, and extracurricular activities.
- The financial assistance is provided in the form of reimbursement of the tuition component of the PGDM(BM) fee structure.
- A panel evaluates the financial need of the participant, as well as authenticates all the details provided. Based on panel evaluations applicants are provided partial or full financial assistance.
SPJIMR Mumbai Merit based Scholarships
- SPJIMR Merit-based Scholarships are applicable for 2nd year participants in PGDM(BM) depending on their performance in the first year.
- Scholarships are offered partially or fully based on the evaluation of students’ needs by the scholarship committee.
- Moreover, participants who are selected for International Exchange and who fulfill certain criteria are eligible for a complete reimbursement under merit based scholarships. This helps students towards meeting expenses as exchange participants in a partner B-School of international repute.
- The scholarship amount in merit based scholarships ranges up to a limit of INR 2 lakhs, which is disbursed after the institute receives the grades from the partner schools.
SPJIMR Mumbai 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 INR 8 lakhs.
- Every year two participants from PGDM 1st and 2nd year are awarded scholarships of INR 5 lakhs each.
- The recipients of this scholarship are called Mirae Asset Scholars. Detailed guidelines are circulated among the prospective applicants after the commencement of the Programme.
Check SPJIMR Mumbai Admissions 2024
FPM Scholarships at SPJIMR Mumbai
- FPM at SPJIMR is a fully-funded programme. SPJIMR offers 100% scholarship to deserving students during their entire duration of FPM journey.
- The details of the stipend provided to FPM students are as follows:-
- i) During the coursework phase: INR 40,000 per month,
- ii) Post clearing the qualifying exam: INR 42,000 per month,
iii) Post successful defense of proposal: INR 45,000 per month.
- In addition, contingency grants and conference grants are also provided to students to help them access the necessary equipment and facilities for research.
- Contingency grant - In 1st year, the participant receives a hardware contingency grant of INR 40,000 towards purchasing necessary hardware (laptop) and INR 25,000 per year for the first four years of the programme for purchase of software, books, stationeries, hardware etc., as per their needs.
- Conference grants - A total grant of INR 2,30,000 is allotted to each participant for participating in domestic and international conferences.
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SPJIMR Scholarships FAQs
Ques. What are the various types of scholarships offered at SPJIMR?
Ans. SPJIMR offers scholarships in forms of merit based scholarships, merit cum means based, scholarships for FPM students etc.
Ques. What is the maximum amount of scholarship given to students on merit basis?
Ans. A maximum amount of scholarship of up to INR 2 lakhs is given to the deserving students at SPJIMR.
Ques. What sort of scholarship is FPM at SPJIMR?
Ans. FPM at SPJIMR offers 100% scholarship to its students. Amount of scholarship is distributed into course work, post clearing exams, contingency and conference grants etc.
Ques. Do SPJIMR offer scholarships for needy students as well?
Ans. Yes, there are special merit cum means based and merit based scholarships for deserving and needy students in SPJIMR.
Ques. What are financial support schemes available for the meritorious students at SPJIMR?
Ans. SPJIMR offers merit based scholarships for talented students with 95% or above score in CAT exams.
Ques. Are there 100% scholarships for FPM students?
Ans. Yes, deserving students from FPM courses at SPJIMR are given 1005 scholarship assistance during their FPM journey.
SP Jain (SPJIMR): 17 Answered Questions
How are IIM A students different from students of, say, SP Jain, NMIMS, FMS or JB?
The peer pool of IIM Ahmedabad varies from that of other B-schools like SP Jain, FMS, and NMIMS because of the admission criteria and quality of intake. The majority of the IIM Ahmedabad batch comprises performing students with CAT percentile almost touching 100 percentile. and most of them got close to the 100 percentile in CAT and they get opportunities to study business studies in IIM A, B, and C. Very few students get into IIMs through the process of diversification only if they scored more than 80 percent grade in Xth, XII th and Graduate Examinations. The other B schools like SP Jain, FMS, NMIMS, or JB don’t have such strict criteria and the peer pool comprises students from diverse academic profiles rather than just top CAT rankers.
This is the major point of difference between the two kinds of B Schools. As a result of this, IIM Ahmedabad students are offered better placement opportunities at the global level than these average B-schools.
What CAT percentile do I require to get calls from IIM Blackis, FMS, SP Jain, JBIMS and MDI Gurgaon?
For GEM, the CAT percentiles required to get an interview call from IIM Blackis, FMS, SP Jain, JBIMS, and MDI Gurgaon are
- ABC and FMS: Both institutes required nothing less than 99.5. Those who get admission at a lesser percentile, usually don’t belong to the GEM category. There are many who don’t even get a call with 99.3. So to stay on the safer side, go for nothing less than 99.5.
- IIM Indore and Kozhikode: Both the institutes require percentiles around 97.5 for an interview call
- SPJIMR: This Institute has unique selection criteria under which CAT is given less value and calls are issued on the basis of the candidate's profile. The CAT percentile required in this case is less than the normal if you have a good academic profile along with work experience,
- MDI: This institute issues calls around the 96% mark.
It’s important to know that these figures are based on trends and not on actual data so you will find exceptions everywhere. Moreover, it’s better you don’t waste time analyzing the CAT cutoff and start preparing for the same.
Do students from IIM/FMS/JBIMS/SPJIMR/IIFT/XLRI bunk classes like engineering students?
At IIM/FMS/JBIMS/SPJIMR/IIFT/XLRI, attendance is seen as a crucial aspect of the learning experience. Every effort must be made to be present in class and to participate actively in the discussions. In fact, class participation is considered to be such an important factor in determining grades that a significant portion of the total course weightage is allocated to it. This system is in place to encourage students to be engaged in the learning process and to ensure that they are taking full advantage of the educational opportunities available to them.
On the other hand, at IIT Kanpur, there is a more relaxed approach to attendance. While it is still advisable to attend classes and to be present for lectures, there is no strict requirement in place. This gives students more flexibility and allows them to choose when they want to attend classes based on their personal schedules or other commitments. It also means that engineering students are not penalized if they miss a class or two, as long as they are able to make up for it by participating in other ways, such as completing assignments or preparing for exams.
Overall, both B-schools and Engineering colleges have different approaches to attendance and class participation. While IIM Ahmedabad places a strong emphasis on being present in class and participating actively, IIT Kanpur takes a more relaxed approach. Ultimately, the choice between the two institutions will depend on the individual student's preferences and learning style.
How much percentile do I need to get a call from MDI Gurgaon, IMT Ghaziabad, IIM K, SP Jain, NITIE?
To secure admission to top MBA institutes in India, you should aim for CAT percentiles from 85 onwards. Here's the order of the institutes you should target in descending order - IIM K with 97+ percentile, MDI with 96+, IMT Ghaziabad with 90+, SPJain with 85+, and NITIE with as high as possible sectional-wise.
Even though SPJain is a premier institute, it gives a call from the 85 percentile onward, since they focus on overall values that an individual possesses and want students with more values in them. They have 2 group interviews, so they follow a rejection procedure.
NITIE has a sectional cutoff, so it's advisable to have as high as possible sectional-wise, as many people with an overall CAT percentile in the range of 97-98 were not selected in either of their 2 programs(PGDM and PGDIESM) in 2016.
IIM K also has a sectional cutoff of 90+, so it's important to score well in each section.
It's worth noting that these institutes do not have a sectional cutoff, but it's always advisable to have a 90+ sectional percentile to be on the safer side. Aim for high percentile and sectional scores to improve your chances of securing a seat in these prestigious institutes.
How is the PGDM marketing program at SPJIMR? Also, can you shed light on the placement scenario as well?
The SPJIMR PGDM Marketing program is similar to top B Schools like IIM ABC. The key highlights of the same program are listed below. Please note these are not generic and are specifically related to the Marketing program.
Curriculum: The curriculum is almost exactly what is taught at elite B Schools. The relevancy of the curriculum is maintained through unique programs like GFT wherein a 3-week immersion at some of the finest universities of the USA takes place. A very interesting program called ‘A day in the life of a Salesman’ is a much talked about program at SPJIMR. In this, you will get to shadow a salesman from a reputed FMCG company so that you understand the techniques of sales and distribution.
Pedagogy: The pedagogy adopted is usually a case-based approach. Mostly Harvard cases are used to strike discussions in the classrooms. Additionally, live projects are conducted by various visiting companies. Such initiatives help formulate an effective pedagogy.
Faculty: The faculty is a great combination of professors with theoretical knowledge and industry experts. All are highly competent in their respective fields.
Batch: The diversity of the batch can be looked up on the official website by checking the profiles of the Marketing batch specifically. Usually, the crowd is diverse and has an overall good profile.
Placements: The placement statistics can be checked on the official website. The figures are inflated but can be used for comparison purposes only. The table below includes the key highlights of SPJIMR placements 2023
|
Particulars |
Statistics |
|
Highest salary |
INR 77.8 LPA |
|
Average salary |
INR 33.02 LPA |
|
Top Recruiters |
Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy |
How is the information management PGDM program in SPJIMR?
SPJIMR Information Management PGDM program is suitable for those who want to shift from technical IT to management and business roles. This unique course is updated annually to keep up with the latest developments in the IT field and is on par with the best B-schools around the world.
The faculty at SPJIMR are highly dedicated and valued for their academic excellence and business backgrounds. In addition to classroom courses, IM students learn from industry visits, guest lectures from corporate gurus and CXOs, and live projects designed to facilitate the use of theory in practice.
At SPJIMR, peer learning is highly effective, and there is a collaborative culture in place. Students are selected based on merit, and the competition is stiff due to the high quality of peers. Most IM students come with expertise in various domains, and they work together as a team on activities such as the Cross Course Project, which is a platform to piece together all learnings from the IM coursework and consult on a real IT business challenge.
The placement opportunities available in the IM specialization are regarded as a valuable benefit, and SPJIMR attracts top-tier firms like Microsoft, Amazon, Flipkart, HCL, GE, Make My Trip, Capgemini, Cognizant Business Consulting, Deloitte, and many more. The roles open for the IM area include IT consulting, Business Development, Product Management, and General Management in IT companies and e-Commerce majors, and Corporate IT roles (CIO growth path) in IT user companies. The advantage of the IM specialization is that both you and the firms find yourselves in a win-win situation when it comes to mapping skills versus roles.
What should be my specialization choice in SPJIMR application if I am interested in management consulting?
Let me make this clear, there is no fixed specialization that will help you make it into counseling.
For working professionals: Companies that visit the campus for placements usually prefer Finance and Operations background. People with a technological background opt for tech consulting while many go for Sales and Operations consulting as well. The companies are not interested in specialization, rather they look for how good your CV is. So, we can say a guy from a pure manufacturing background who is currently studying marketing can also make it into consulting.
For freshers: The best specialization to choose to make it into a big consulting firm for a fresher is Finance. The concepts included in the Finance specialization are more connected with consulting. So if your area of interest covers both, Finance and Consulting, then opt for Finance while the target for consulting. As far as Operations is concerned, it’s not easy to get admission. Even if you do the chances are lower unless you do internships and projects.
Lastly, remember there is no direct relation between the choice of specialization and placements. Even if you fail to get into your desired company, know that it is not the end. You can slowly achieve your goal provided you are certain of it and are working hard towards achieving it.
What is the objective of admitting freshers in Ivy B-Schools like IIMs, FMS, JBIMS, SIMSREE, SPJIMR, XLRI, etc.?
MBA admission in Indian B Schools is a fairly weird process in comparison to that of foreign B Schools. In India, the admission process requires a candidate to have some work experience and in certain B-schools, it even carries a certain weightage. But during Final Placements, this scenario changes entirely as the recruiters prefer freshers over experienced candidates. The major reasons for this contrast are:
- The recruiters offering Marketing roles are on the lookout for candidates who can initially go through a sales job for a few years. They believe that the route to Marketing is through sales only. Now Sales requires a lot of traveling that too to rural areas. The recruiters know that these tough job conditions cannot be undertaken by Experienced professionals and thus prefer freshers who they can mold easily.
- The companies offering Finance roles know that the candidates with prior work experience won’t be working for the long hours they require them to. So they prefer freshers who can work long hours without complaining.
Recruiters are looking for candidates with work experience of not more than 11-12 months. Honestly, this strategy is illogical as a person with more work experience is bound to excel much better than a fresher, and restricting him from getting a job just because they cannot be exploited to the fullest extent is a bit cruel.
The scenario is pretty much the opposite in foreign countries that prefer MBA candidates with work experience only. This is because in India MBA is considered a way to become more employable or earn a fatter cheque. Whereas in the West, it is a means to upgrade your career and take it to new heights. The entire concept of MBA is at fault in India thereby this illogical strategy.
In my opinion, MBA candidates should have a work experience of at least 1 year, only then they can harness the MBA program to the fullest and not approach it just as a source of placements.
What are the chances of getting a job in Dubai post an MBA from SPJIMR Mumbai? What is the kind of profiles students from SPJIMR get (in Dubai)?
Your skill set is the most important factor that determines your employability in the Gulf Cooperation Council (GCC) region. This skill set is something that you can develop over time with experience.
Keep in mind that there are very few opportunities for freshers from SPJIMR post an MBA, although IIM-K is a separate case. If you are a Keralite or a Malayali, the UAE may be another option to consider.
Recruiters in the GCC region will always prefer someone who knows Arabic, French, or other foreign languages. This is something that you can work on and improve over time.
After a few years of solid work experience, your chances of getting a job in the GCC region are higher. However, keep in mind that recruiters have plenty of options to choose from when it comes to hiring, especially for jobs that require cheap labor from Asian countries.
In the Middle East, your experience matters a lot, as well as your ability to thrive in a fast-paced environment. You need to be able to adapt quickly and work efficiently to succeed.
It's important to note that Western nationalities also have an edge in the Gulf job market. If a company has the option to choose between a Marketing person with similar skill sets, an average-looking Indian guy, and a Western-style icon with a model-like personality, they will most likely choose the latter. This is because most jobs in the Gulf require excellent communication skills, a little bit of relevant experience, and a Driving License.
Can the MBA specialization be changed at SPJIMR after the first year?
Yes, it is possible to change your MBA specialization at SPJIMR after the first year, but it is not a common occurrence. However, if you are looking to switch from Marketing to Finance, it is highly improbable but still possible to convince the management.
It's important to keep in mind that Finance is a specialization that requires a basic background in financial knowledge, which is not always the case for Marketing. This means that changing from Marketing to Finance may be harder for the management to accept than the other way around. It's also important to note that some students have been rejected when requesting to change their specialization.
If you have a financial background, it's possible that you initially tried to get into the finance specialization at SPJIMR but were accepted for your second preference of Marketing. If this is the case, it may be difficult to convince the management to switch your specialization in the second year. However, if you excel in finance subjects in the first year, it may be possible to convince them otherwise.
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Mumbai - 400058
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