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.
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