XLRI or SPJIMR? Where should I go?

If you aren’t sure about the field of specialization, then you should choose XLRI. It is widely reputed for its HR program. The head HR of most of the top MNCs in India are XLRI alumni. It is more reputed and has a large alumni base. XLRI placements are better than SPJIMR. The average CTC for the institute is INR 30.73 LPA. SPJIMR has a better placement record for Information Management and Operations, compared to XLRI.

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.

Which is the best MBA college in Mumbai among: JBIMS, SPJIMR and NMIMS? Which college among these have highest ranking?

It is a close call between SPJIMR and JBIMS. NMIMS is not in the same league as these but it is a decent B-School and ranked among the top 30 in India. JBIMS has the highest rank. Indiatoday 2021 ranked the institute 12 for MBA. JBIMS offers better ROI. Course fees for the institute are INR 6.05 Lakhs. While the average CTC for the institute is INR 27 LPA, according to JBIMS placements highlights of 2022. If you are interested in Finance, you should choose JBIMS. If you are interested in Marketing and Ops, you should go for SP Jain.

How similar/different are IIM Indore and Spjimr?

SPJIMR is better than IIM Indore in terms of academics, faculty, exposure, etc. The advantages of choosing SPJIMR are as follows. The institute follows a unique pedagogy. SPJIMR stands out because of its experimental teaching methodology and outside-the-classroom learning experiences. There are some unique programs like DOCC, ADMAP, Abhyudaya, etc. which will help you get business-ready. SPJIMR batch size is smaller compared to IIM Indore. So, it’s easier for students to receive decent placement offers. SPJIMR placements 2022 had an average CTC of INR 30.10 LPA. Students need to decide their specialization while applying at SPJIMR. As the specialization is predefined the courses are more streamlined according to the need of that specific industry. Students are better able to decide the company and job roles that want to have in the future. These factors make SPJIMR differ from IIM Indore. As for similarities, both IIM Indore and SPJIMR have the same range of course fees. The recruiting companies are almost similar for both. The peer group is excellent at IIM Indore and SPJIMR.

How are IIM A students different from students of, say, SP Jain, NMIMS, FMS or JB?

Students at IIM-A are similar to those at SP Jain, NMIMS, FMS, and JBIMS. Aptitude and intelligence are roughly comparable. IIM-A students do not have to compete as hard for placements, so they are less concerned, whereas students from other colleges are constantly concerned about placements. Youll notice that students from other colleges perform better in competitions than IIM-A because they are generally more hardworking during MBA because the struggle is greater for them. However, because of the brand name, IIM-A students receive far more exposure than students from any other college in India, which benefits students greatly in their personal development.

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.

Which college is better: NMIMS or SP Jain or new IIMs?

For the given options, your preference order should be SP Jain>NMIMS>New IIMs. SP Jain and NMIMS offer good ROI and placements. During the 2022 placement drive, students of SP Jain received an average CTC of INR 32 LPA. NMIMS Mumbai 2022 placements ended with an average CTC of INR 23 LPA. These two also have a locational advantage.

How is SPJIMR's placement report better than IIMs including IIM Calcutta and as good as IIM Ahmedabad (both Average and Median)?

This years average annual salary of SPJMIR (cost-to-company) is INR 32.05 lakhs per annum, representing a 23% increase over last years figure. The median annual salary was INR 30.10 lakhs per year, with over 59 percent of the batch receiving offers in excess of INR 30 lakhs per year and over 87 percent receiving offers in excess of INR 25 lakhs per year. With the increasing intake of consulting firms, offers were extended to 91 students, the highest number ever reported by SPJIMR for a batch. Accenture Strategy, Alvarez & Marsal, Bain & Co., Boston Consulting Group, Deloitte, GEP, KPMG, Miebach, and PwC US Advisory were among the companies that took part. According to the Indian Placements Reporting Standards (IPRS) audited report of IIM Ahmedabad placements 2021, the average salary offered to the PGP/MBA batch 2019-21 was INR 27.54 lakh per annum. The highest annual salary offered was INR 55.00 lakh, while the highest international salary offer was INR 1.16 crore. The average annual international salary offer was INR 74.80 lakh. Every year, SPJIMR includes some additional component in addition to the MEP (MEP already includes non-cash, long-term, and performance-linked components as per IPRS standards), whereas IIMA does not. Yes, SPJIMR benefits from NO reservation, a Mumbai location, and a smaller batch size, all of which contribute to a good placement record and a high average salary.

What are my chances of getting a PROFILE based call from SPJIMR (SP Jain Institute of Management and Research)?

SPJIMR usually expects an all-rounder profile from its candidates. A profile is said to be good if Excellent Academics; 90%+ on Boards and 80%+ in Graduation A great extracurricular background; For instance, Senior diploma in arts/national level winner in swimming, quiz, debate A good work experience; Consistently high rating by senior management, winner in hackathons All three or at least 2 of these shall guarantee or increase your chances of admission considerably for a profile-based call from SPJIMR. An additional ground to score well is the application form wherein you are required to fill in about yourself. If your matter appeals to the selection committee you can surely wait for a call. The admission process further comprises two group interviews, essays, and psychometric tests. We can safely conclude that SPJIMR focuses on an overall good profile and not just high scores.

How is life at SP Jain (SPJIMR) for a full time MBA (PGDM)?

Life at all the top B Schools in India for MBA aspirants is pretty much the same. It’s hectic and rigorous but highly knowledgeable. The B Schools offer an insight into the various angles of Management in a period of 2 years through excellently designed pedagogy and curriculum. Coming to SPJIMR specifically, has a blend of a variety of features that sets it apart from other top B Schools. Some of these include Innovative pedagogy, Profile-based interview calls, ADMAP, DOCC, Abhyudaya, Global Fast Track, and Autumn placement structure. But the one aspect my answer will solely focus on is the amazing culture of SPJIMR which is like no other B School. Harmony: When it comes to student connectivity, SPJIMR really does steal the show. While many B Schools have witnessed cases wherein ragging and bringing down rivals is a common occurrence, SPJIMR refuses to adopt this culture. There is tremendous harmony among the students such that if someone was struck during a presentation, the whole class would try their level best to save him from embarrassment. Such small acts speak highly of the student connection which was observed even by many professors who had visited other B Schools too. Collaboration: The much-heated events in a B School are Corporate Competitions that are said to bring out the worst side of people. Other B Schools have competitions where competitors are treated as rivals and there is tough competition. Interestingly enough, SPJIMR has a very different outlook on the same. SPJIMR students collaborate with each other while preparing for these competitions. Basically, students help out their batchmates before themselves, and this results in a beautiful bond between them. Placement Committee: It is very common for a placement committee to be rude toppers who are always causing constant wars between the students. They become placeCom mainly for upgrading their CV. But SPJIMR Placement Committee is yet again very different in the sense that its sole purpose is to get its students the best placements. They conduct elaborate discussions to formulate training plans for the students to face the tough placements. They are friendly yet stern. I know many may criticize me for jotting such minor points in reference to campus life at SPJIMR. But in my opinion, the culture of an Institute is a very important parameter as it determines what kind of relationships you will have with your peers and the kind of friends you will have for a lifetime. You get to have the best alumni network as a cherry on top.

SP Jain [SPJIMR], Mumbai - Scholarship Details 2025-2026

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)

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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 1^st and 2^nd 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.

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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], Mumbai - Scholarship Details

SPJIMR Mumbai Scholarships Details

Scholarships offered by SPJIMR Mumbai

SPJIMR Scholarships FAQs

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Answered Questions

SP Jain [SPJIMR]: 124 answered questions

XLRI or SPJIMR? Where should I go?

Anumita Ghose

What CAT percentile do I require to get calls from IIM Blackis, FMS, SP Jain, JBIMS and MDI Gurgaon?

Anuraag Das

Which is the best MBA college in Mumbai among: JBIMS, SPJIMR and NMIMS? Which college among these have highest ranking?

Chirag Mishra

How similar/different are IIM Indore and Spjimr?

Kingshuk Banerjee

How are IIM A students different from students of, say, SP Jain, NMIMS, FMS or JB?

Harshita Borah

Do students from IIM/FMS/JBIMS/SPJIMR/IIFT/XLRI bunk classes like engineering students?

Pragya Tripathi

Which college is better: NMIMS or SP Jain or new IIMs?

Unayana Sinha

How is SPJIMR's placement report better than IIMs including IIM Calcutta and as good as IIM Ahmedabad (both Average and Median)?

Debasmita Dey

What are my chances of getting a PROFILE based call from SPJIMR (SP Jain Institute of Management and Research)?

Kamlesh Chauhan

How is life at SP Jain (SPJIMR) for a full time MBA (PGDM)?

Manash Jyoti

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