Mumbai, Maharashtra | Established in 1981 | Approved/Accredited by AACSB, EQUIS, AMBA, AICTE | Private
SP Jain Institute of Management and Research (SPJIMR) Mumbai, a constituent of Bharatiya Vidya Bhavan, India’s visionary educational trust established in 1938, is regarded as one of the top MBA colleges in India.
SPJIMR offers a broad portfolio of management programmes to individual participants and organisations including the prestigious full-time MBA-equivalent PGDM programs. SPJIMR is Ranked No. 3 Business School in India and no. 35 in world by Financial Times MiM 2025 Ranking. SPJIMR was ranked #4 B-school in India by MBAUniverse.com B-School Rankings 2025 and #3 in the Business Today B-School Rankings 2025. SPJIMR has earned the prestigious “Triple Crown” accreditations by EQUIS, AACSB, and AMBA, placing it among the top 1% of global business schools. SPJIMR Placements are at par with top IIMs. SPJIMR average salary 2025 was Rs. 32 lakhs per annum.
SPJIMR Mumbai offers two full-time MBA equivalent PGDM Program: Post Graduate Diploma in Management (PGDM), Post Graduate Diploma in Management–Buisness Management (PGDM-BM). SPJIMR PGDM Fees is Rs. 26.50 lakhs. SPJIMR Mumbai also offers Post Graduate Program in Management (PGPM), which is equivalent to one year executive MBA program by IIMs. Read more about SPJIMR Mumbai Courses and Fees.
SPJIMR Admission 2026 process for PGDM programs is open. SPJIMR accepts only CAT 2025 exam scores for shortlisting candidates for the Personal Interview Round.
SPJIMR Mumbai campus is strategically located in the heart of Mumbai – India’s commercial and cultural capital. SPJIMR Campus, spread over 45 acres, offers an exceptional learning environment with unmatched industry exposure.
SPJIMR Director & Dean is Dr Varun Nagaraj. He holds a Ph.D. in Management from Case Western Reserve University, an MBA from Boston University, an MS in Computer Engineering from North Carolina State University, and a BTech in Electrical Engineering from IIT Bombay.
SPJIMR faculty are noted experts in their academic areas. SPJIMR Alumni are Founders, CEOs and CXOs of leading companies in India.
Continue reading about SPJIMR Mumbai courses and programs, placements, rankings and more.
SPJIMR Mumbai PGDM Admission Process is designed to attract the best talent. SPJIMR selection process assesses not only intellectual readiness in terms of academics but also considers emotional readiness, work experience, extra-curricular activities and aptitude that are aligned with the Institute’s mission. SPJIMR PGDM admission process can be divided into following stages:
Take CAT Exam: The candidates seeking admission to SPJIMR PGDM programme must appear in CAT exam.
Apply to SPJIMR: Then, candidate should apply separately for SPJIMR admission. SPJIMR application process is open till Friday, November 28, 2025.
Shortlisting Round: SPJIMR follows unique shortlisting process. The applicants will be shortlisted on the basis of their profiles and they are also expected to meet the qualifying scores in the entrance exam. The profiles are scored and the applicants are sorted into two groups: Profile based and Profile-cum-score based. SPJIMR Mumbai gives higher emphasis on other quality parameters in its admission process than merely on entrance exam scores. The shortlist will be based on Consistency of academic record; Relevance of work experience for the chosen specialization; Versatility and achievements.
Personal Interview Round: Shortlisted candidates will be called for Personal Interviews at different centre in India.
Final Selection: The final selection of the candidates will be based on weightages of CAT scores, PI, Academic merit, diversity, experience, and other parameters given in the Table below.
Exam | Percentile/Score |
---|---|
CAT | 85 Percentile |
GMAT | 85 Score |
Year | Rank |
---|---|
2025 | 20 |
2024 | 20 |
2023 | 20 |
Year | Rank | Total Score | TLR | RPC | GO | OI | Perception |
---|---|---|---|---|---|---|---|
2025 | 20 | 298.33 | 79.62 | 32.08 | 98.82 | 67.62 | 20.19 |
2024 | 20 | 300.08 | 78.85 | 26.6 | 98.66 | 68.9 | 27.07 |
2023 | 20 | 299.52 | 79.69 | 25.75 | 98.63 | 70.85 | 24.6 |
NIRF Rankings is based on Total Scores attained for following five ranking parameters: a) Teaching, learning, and resources (TLR) b) Research and professional practice (RPC) c) Graduation outcomes (GO) d) Outreach and inclusivity (OI) e) Peer perception (Perception)
Year | Rank |
---|---|
2025 | 4 |
2024 | 5 |
2023 | 4 |
Year | Rank |
---|---|
2024 | 3 |
2023 | 5 |
Year | Average Salary | Median Salary | Highest Salary | Batch Placed |
---|---|---|---|---|
2024 | Rs. 33.00 Lakhs | Rs. 31.50 Lakhs | Rs. 81.00 Lakhs | 100 % |
2023 | Rs. 33.02 Lakhs | Rs. 32.89 Lakhs | Rs. 77.88 Lakhs | 100 % |
2022 | Rs. 32.06 Lakhs | Rs. 30.10 Lakhs | Rs. 56.16 Lakhs | 100 % |
2025 | Rs. 32.10 Lakhs | Rs. 30.00 Lakhs | Rs. 81.00 Lakhs | 100 % |
Comparison of Average, Median, and Highest salaries across years
Year-wise trend of Average and Median salary progression
Year-wise percentage of students placed
Sport Complex
SPJIMR Mumbai Sports Facilities: For the physical and mental fitness of the students, SPJIMR has adequate infrastructure for sports. The sports and entertainment facilities include an Open-Air Theatre, playing fields and jogging tracks.
Library
SPJIMR Mumbai library: A hybrid library with 55,000+ books, 2.3 lakh e-books, and 17,000+ journals along with access to all global databases.
A/C Classrooms
SPJIMR Mumbai classrooms: Equipped with digital podiums, projectors, and interactive systems to facilitate technology-enabled teaching.
Campus
SPJIMR Mumbai campus: Located 12 km from Delhi Airport, offering a serene environment combined with access to major corporate offices.
Auditorium
SPJIMR Mumbai auditorium: A modern facility with conferencing system, podium, break out spaces that are used for conferences, seminars and industry lectures.
Infrastructure
SPJIMR Mumbai infrastructure: Spread across 45 acres of green landscape, the SPJIMR campus provides students with a stimulating academic environment. The campus also boasts of a lake, Cultural Centre, Botanical Garden, YogKutir and Institute of Holistic Health Sciences and has 250 species of plants and 72 species of birds in its premises, making it a naturalist's delight.
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