SPJIMR Ranking 2025

Mumbai, MaharashtraEstd 1981
#2 For MBA By Outlook 2025  
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Mayank Badhwar

Associate Content Manager

SPJIMR Latest Updates and News

11 Mar, 2025 SP Jain [SPJIMR] (SPJIMR) is a renowned institution situated in the vibrant city of Mumbai, within the state of Maharashtra.

SPJIMR Mumbai is among the top ranked B-Schools in India. NIRF, IIRF and other rankings for SPJIMR have been released. SPJIMR Ranking in NIRF 2022 has secured 21st.
 

SP Jain is one of the premium B-Schools of India. It holds top ranking among most reputed agencies in India and Global aspects. the college has been ranked on #21st spot, showing a dip of 1 rank. SPJIMR ranked 4th among private colleges by IIRF Rankings 2023. In Global Platform, SPJIMR Mumbai is listed in #151-200 rank band of QS Global Rankings 2022. The institute has secured 2nd position out of 150 participating institutes in Outlook I-CARE. 

 

SPJIMR Mumbai Ranking 2023 Key Highlights 

Ranking bodies Year Ranked At
NIRF 2022 21 out of 75 (Management) 
IIRF 2023 4th (Among private colleges)
QS World Top University Ranking 2022 151 – 200
Outlook I-CARE (Private MBA Colleges) 2021 2 out of 150
Financial Times Masters in Management (MIM) Rankings (World) 2021 39
Financial Times Masters in Management (MIM) Rankings (India) 2021 2
QS Global MBA Ranking 2021 151 – 200 (MBA-Global)
22 (MBA-Asia)
Business Today  2021  5 (overall , learning experience , placements) and 3 (future orientation)

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SPJIMR Mumbai Ranking 2022: NIRF Management 

SPJIMR Mumbai Ranking in NIRF 2022 surveys has secured 21st rank out of 75 participating institutes. NIRF i.e. National Institutional Ranking Framework is a ranking scheme approved by the MHRD, Government of India. The ranking is based on certain set of parameters and their respective scoring as mentioned below:- 

SPJIMR Mumbai NIRF Scores

 

SPJIMR Mumbai NIRF Ranking Year-Wise

The below table represents year wise SPJIMR Ranking achieved in NIRF:-

Year NIRF Rank
2021 19
2020 18
2019 16
2018 19
2017 18
2016 16

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NIRF Ranking: Top 10 Management Institutes in India 

The below table represents top 10 management institutes in India as per NIRF rankings:- 

Rank Institute Name NIRF Score
1 IIM Ahmedabad 83.35
2 IIM Bangalore 82.62
3 IIM Calcutta 78.64
4 IIT Delhi 75.10
5 IIM Kozhikode 74.74
6 IIM Lucknow 74.55
7 IIM Indore 70.66
8 XLRI Jamshedpur 69.67
9 NITIE Mumbai  68.84
10 IIT Madras 66.60
 

SPJIMR IIRF Ranking 2023

SPJIMR Ranking has secured 4th position in Management category in IIRF 2023 rankings. The overall score obtained has been 885.81. The rankings have been based on certain parameters and their respective scores as mentioned below:-

Parameter IIRF Score
Placement Performance (PP) 128.14
Teaching Learning & Pedagogy (TLRP) 128.28
Research (RS) 117.14
Industry Income & Integration (III) 133.56
Placement Strategies & Support (PSS) 131.99
Future Orientation (FO) 121.57
External Perception & International Outlook (EPIO) 122.57
Overall Index Score 885.81 (Out of 1000)

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SPJIMR Outlook I-CARE Rankings 2021

SPJIMR ranking has secured 2nd position among 30 private MBA management institutes in India. There has been an increase in overall score from 81.01 in 2020 to 91.03 in 2021 while SPJIMR ranking has been constant. 

The parameter wise scores obtained by SPJIMR ranking in 2021 is mentioned as further:- 

Parameter Outlook Score
FSR 100
Research 69.18
Employability 96.7
Faculty Quality 91
Inclusiveness and Diversity 94.1
Overall Score 91.03

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SPJIMR Ranking FAQs

Ques. What is the overall rank achieved by SPJIMR in 2023? 

Ans. SPJIMR has secured 4th rank among private MBA colleges in IIRF 2023 rankings. 

Ques. What is the QS world ranking of SPJIMR in 2022?

Ans. SPJIMR has achieved QS world ranking 150-200 in the ranking year 2022. 

Ques. What is the ranking of SPJIMR by Financial Times? 

Ans. SPJIMR has secured Financial Times Masters in Management (MIM) Rankings (World) in 2021 to be at 39th position. Moreover, Financial Times Masters in Management (MIM) Rankings (India) for the year 2021 has been at number 2.

Ques. What is NIRF ranking achieved by SPJIMR in the latest year? 

Ans. SPJIMR has secured 21st rank during NIRF rankings 2022.

Ques. What are the parameters that decide the overall NIRF ranking of SPJIMR?

Ans. Parameters that decide overall NIRF ranking of SPJIMR include Teaching, Learning & Resources, Research & Professional Practices, Graduation Outcomes, Outreach & Inclusivity and Peer Perception. 

Ques. What has been the overall score obtained in Outlook ranking 2021 by SPJIMR? 

Ans. An overall score of 91.03 has been obtained by SPJIMR in Outlook ranking 2021.

SPJIMR: 2 Answered Questions

How can I arrange the following according to an MBA/PGDM: NMIMS, Mumbai, SBIM, Pune, IIFT, Delhi, Great Lakes, Chennai, SPJIMR, Mumbai and JBIMS, Mumbai?

Kabya Kalbalia
Abijit AmbekarStudied at Symbiosis Institute of Business Management, Pune

I have given the preference order of the above-mentioned B Schools. However please remember this is based on my personal opinions and not any official figures

1st: NMIMS is one of the best schools in Mumbai with fewer fees and great specialization in Finance. Its distinguishing feature is its small batch size which is extremely beneficial for excellent placements. The companies that visit offer the best roles to their students mainly because of their credibility and strong alumni network.

2nd: SPJIMR too is located in Mumbai and is the second-best School after JBMINS. Its students intake is very good due to the strict selection process. The placements are at par with JBIMS but the fees are a bit higher. It's ranked in the top 3 in Operation and IT specialization in India.

3rd: One of the oldest institutes for MBA, IIFT is a good choice owing to its strong brand name and small batch size.

4th: SIBM Pune is a blend of everything; a Good campus, good corporate competition, hostel life, good infrastructure, faculty, and placement. It gives you an amazing MBA experience l.

5th: NMIMS Mumbai is great for MBA and is at par with SIBM. But I have ranked it the last owing to its high fees and larger batch size that requires a lot of competition during placements.

So the ranking is

NMIMS>SPJIMR>IIFT>SIBM Pune>NMIMS Mumbai

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How would you rank the following business schools, ISB, IIM A, B, C, L, XLRI, FMS, and SPJIMR?

Aditi BanerjeeLives in Bangalore

All the aforementioned colleges are among the best B Schools in India so the choice between them depends on your preference and future prospects. You need to determine what exactly you want from the program and where your career currently is. 

In general, ISB is for people who have better industry experience, good leadership skills and decent academics. The other B Schools focus more on excellent academics throughout your career.

The ranking of these institutes in my opinion is ISB, IIM-A, B, C>IIM-L, FMS, XLRI,>SPJIMR

The above preference order is based on a number of factors like career progression, college market value perception, quality of faculty, quality of students, academic learning, quality of recruiters and infrastructure.

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