SPJIMR Mumbai College Profile 2026 – Courses, Fees, CAT Cut-off, Placements, Admission & Scholarships

S.P. Jain Institute of Management & Research (SPJIMR), Mumbai is one of India’s leading private management institutions and is particularly known for its profile-based admissions, strong Consulting/FMCG placements, Marketing, Finance, Operations & Supply Chain, Information Management & Analytics, and distinctive experiential-learning model.

Established in 1981, SPJIMR is a constituent of Bharatiya Vidya Bhavan and is located in Andheri West, Mumbai. Its flagship Post Graduate Diploma in Management (PGDM) is a two-year, full-time residential programme considered equivalent to a two-year MBA. The institute also offers a two-year PGDM in Business Management – PGDM (BM) with a broader general-management orientation.

For the PGDM/PGDM (BM) 2026–28 batch, SPJIMR accepted CAT 2025 and GMAT scores. The official qualifying CAT requirement was 85 percentile overall and 75 percentile in each section. However, SPJIMR is different from most CAT colleges because it offers both profile-based and profile-cum-score-based shortlisting.

For the Class of 2026, SPJIMR achieved 100% placements, with an average CTC of ₹33.75 LPA, median CTC of ₹32.85 LPA and highest CTC of ₹75 LPA.

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SPJIMR Mumbai Highlights 2026

The NIRF Management Ranking 2025 places SPJIMR at #20 nationally with a score of 62.06.

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About SPJIMR Mumbai

SPJIMR was founded in 1981 and is part of Bharatiya Vidya Bhavan, a well-established Indian educational trust. Its Mumbai campus is located at:

Bharatiya Vidya Bhavan Campus
Munshi Nagar, Dadabhai Road
Andheri West
Mumbai – 400058
Maharashtra

SPJIMR describes itself as a practice-oriented and socially responsive management school with a strong emphasis on value-based growth, responsible leadership and non-classroom learning.

One feature that distinguishes SPJIMR from many other top B-schools is that admission is not determined simply by obtaining the highest CAT percentile. The institute pays significant attention to:

• Academic consistency
• Quality and relevance of work experience
• Extracurricular achievements
• Versatility
• Personal profile
• Choice of specialisation
• CAT/GMAT performance
• Interview performance.

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SPJIMR College Type

SPJIMR is a private autonomous management institution and a constituent of Bharatiya Vidya Bhavan.

For an MBA4U College Finder, the appropriate classification is:

Private / Autonomous B-School

It should not be classified as:

• Government college
• IIM
• Deemed university
• University MBA department

Its flagship qualification is a PGDM, rather than a conventional university MBA degree.

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Is SPJIMR PGDM Equivalent to MBA?

Yes, academically it is positioned as an MBA-equivalent management programme.

SPJIMR describes its flagship PGDM as a:

Two-year, full-time residential programme equivalent to a two-year full-time MBA.

The programme is AICTE approved.

Students completing the programme receive the:

Post Graduate Diploma in Management – PGDM

rather than the title “MBA”.

For employment in the Indian corporate sector, this distinction generally does not reduce the programme’s standing.

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SPJIMR Accreditation

SPJIMR holds the prestigious:

Triple Crown Accreditation

comprising:

AACSB

Association to Advance Collegiate Schools of Business

AMBA

Association of MBAs

EQUIS

EFMD Quality Improvement System

SPJIMR’s official admissions information confirms all three accreditations.

This puts SPJIMR among a relatively small group of globally accredited business schools.

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SPJIMR NIRF Ranking 2025

According to the official NIRF Management Ranking 2025:

SPJIMR Mumbai – Rank #20

with a score of:

62.06

It is worth noting that SPJIMR performs considerably higher in several private B-school and international rankings than its NIRF position might suggest.

For example, the institute’s current rankings page lists strong positions in India Today, Fortune India, The Week and other surveys.

 

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SPJIMR Programmes

SPJIMR offers management education for fresh graduates, early-career candidates, experienced managers, entrepreneurs, family-business successors and development-sector professionals.

SPJIMR currently lists this broad portfolio across full-time, part-time, online, modular and doctoral formats.

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SPJIMR Flagship PGDM

The flagship:

Post Graduate Diploma in Management – PGDM

is a:

• Two-year programme
• Full-time programme
• Residential programme
• AICTE-approved programme
• MBA-equivalent management qualification.

The approved domestic intake is:

240 students

with additional seats for specified international applicant categories.

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SPJIMR PGDM Specialisations

One of the defining characteristics of SPJIMR’s flagship PGDM is that students choose their preferred specialisation during the application process.

The four major specialisations are:

1. Finance

2. Marketing

3. Operations & Supply Chain

4. Information Management & Analytics

Applicants are asked to indicate their preferred areas while applying.

This enables SPJIMR to evaluate the applicant’s academic, professional and personal profile in relation to the chosen area.

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Finance Specialisation

The Finance major can prepare students for roles in areas such as:

• Investment Banking
• Corporate Finance
• Financial Markets
• Private Equity
• Banking
• Risk Management
• FinTech
• Treasury
• Financial Consulting

SPJIMR’s Finance curriculum includes subjects related to valuation, investment banking, M&A, fixed income, derivatives and portfolio management.

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Marketing Specialisation

SPJIMR has traditionally been particularly strong in Marketing and FMCG placements.

Career options include:

• Brand Management
• Sales
• Category Management
• Product Marketing
• Consumer Strategy
• Digital Marketing
• Business Development

SPJIMR’s official curriculum page highlights Marketing among its four PGDM majors.

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Operations & Supply Chain

This specialisation covers areas such as:

• Procurement
• Manufacturing
• Transportation
• Inventory Management
• Warehousing
• Customer Service
• Supply Chain Strategy

and is particularly useful for candidates targeting consulting, manufacturing, FMCG and e-commerce operations.

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Information Management & Analytics

SPJIMR states that it was the first institution to offer an Information Management and Analytics specialisation in India.

The specialisation combines business management with technology, analytics and digital transformation.

Potential career areas include:

• Product Management
• Technology Consulting
• Business Analytics
• Digital Strategy
• IT Strategy
• Transformation Consulting

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Minor Specialisations

PGDM participants can also choose minor specialisations.

Current options include areas such as:

• Analytics
• Consulting
• Finance
• Marketing
• Information Management & Analytics
• Operations & Supply Chain.

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SPJIMR PGDM (Business Management)

The second major two-year programme is:

PGDM (Business Management) – PGDM (BM)

Unlike the flagship PGDM, which places greater emphasis on major specialisations, PGDM (BM) focuses more broadly on General Management.

The programme allows students to build a flexible mix of functional and general-management courses.

Approved Intake

120 participants

PGDM (BM) also participates in the same combined placement process as PGDM.

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SPJIMR Fees 2026–28

For Indian participants, the current official PGDM fee is:

₹24,86,000

The fee includes:

• Tuition
• Basic hostel/accommodation

The institute explicitly states that the figure is indicative and subject to revision.

PGDM Fee: ₹24.86 lakh including tuition and basic hostel accommodation; indicative and subject to revision.

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What Is Not Included in the Fee?

The ₹24.86 lakh fee does not include expenses associated with optional components such as:

Global Fast Track – GFT

and

International Exchange – INTEX

Travel, boarding, visa, insurance and other international expenses can therefore add considerably to a student’s total cost.

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SPJIMR Accepted Entrance Exams

For the flagship PGDM and PGDM (BM):

CAT

and:

GMAT

are accepted.

For the 2026–28 cycle, domestic applicants could submit:

• CAT 2025
• eligible GMAT scores from the applicable validity period.

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SPJIMR CAT Cut-off 2026

The official qualifying CAT thresholds for PGDM / PGDM (BM) 2026–28 were:

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GMAT Cut-off

For eligible domestic applicants:

For GMAT Focus:

• Verbal – 75
• Quantitative – 75
• Data Insights – 75
• Overall – 85.

SPJIMR accepts only applicable in-person/test-centre GMAT attempts under the published rules.

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Is 85 CAT Percentile Enough for SPJIMR?

This question requires a different answer from most IIMs.

85 percentile is the official qualifying minimum.

However:

85 percentile is not a guaranteed interview-call percentile.

SPJIMR operates both:

• Profile-based shortlisting
• Profile-cum-score-based shortlisting.

A truly exceptional applicant with strong:

• academics,
• achievements,
• work experience,
• extracurricular record,
• leadership,
• and specialisation fit

may obtain a profile-based shortlist even before CAT results become the dominant consideration, provided the final qualifying exam criteria are satisfied.

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What CAT Percentile Should You Target?

For a typical General-category applicant:

95–99+ percentile

is a sensible competitive target.

For candidates relying predominantly on CAT rather than an exceptional profile:

98–99+ percentile

is preferable.

However, unlike many IIM admissions:

99+ CAT does not automatically make an applicant stronger than a 95–97 percentile applicant with an exceptional SPJIMR-fit profile.

This is why SPJIMR cannot be analysed purely through percentile.

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SPJIMR Eligibility

For the flagship PGDM:

Bachelor’s Degree

Candidates require:

Minimum 50% marks or equivalent CGPA

in a recognised bachelor’s degree.

The degree can be in any discipline.

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Can Final-Year Students Apply?

Yes.

Final-year undergraduate students are eligible to apply.

They must subsequently satisfy the institute’s degree-completion and document-verification requirements.

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Is Work Experience Compulsory?

No.

SPJIMR accepts:

• Fresh graduates
• Candidates with work experience
• Candidates with up to approximately five years of experience for the two-year PGDM route.

Work experience can, however, strengthen a profile-based application if it is relevant and demonstrates meaningful progression or achievement.

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SPJIMR Admission Process

The selection process is one of the most distinctive among major Indian B-schools.

It broadly involves:

Stage 1 – Application

Stage 2 – Profile Evaluation

Stage 3 – Profile-Based / Profile-cum-Score Shortlisting

Stage 4 – CAT / GMAT Qualification

Stage 5 – Two Rounds of Interviews

Stage 6 – Final Selection

SPJIMR explicitly lists profile-based shortlisting, profile-cum-score-based shortlisting and two rounds of interviews in its current process.

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Profile-Based Shortlisting

SPJIMR evaluates factors such as:

Academic consistency

Performance in:

• Class 10
• Class 12
• Graduation

is assessed.

Work Experience

The relevance of professional experience to the preferred specialisation is considered.

Versatility

Achievements beyond academics may strengthen the profile.

Examples can include:

• Sports
• Performing arts
• Entrepreneurship
• Social initiatives
• Leadership
• Competitions
• Certifications
• National/state-level accomplishments

Specialisation Fit

For PGDM, applicants indicate preferred specialisations.

This makes the clarity of an applicant’s career story particularly important.

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Profile-cum-Score-Based Shortlisting

Applicants who do not receive an early profile-based shortlist may still be considered after CAT/GMAT scores become available.

This second route combines:

Profile + Entrance Score

rather than relying on one alone.

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SPJIMR Interview Process

Shortlisted candidates undergo:

Two rounds of interviews

rather than the simple one-PI structure used by many institutes.

The process is designed to assess qualities beyond test-taking capability, including:

• Communication
• Values
• Leadership potential
• Self-awareness
• Career clarity
• Team orientation
• Academic understanding
• Business awareness
• Work experience
• Specialisation fit

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Does SPJIMR Publish a Fixed Final Selection Weightage?

No simple CAT-versus-PI weightage table is publicly presented on the current admissions page.

 

SPJIMR’s process is explicitly profile-oriented and holistic.

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SPJIMR Placements 2026

SPJIMR completed final placements for the combined:

• PGDM
• PGDM (BM)

Class of 2026 with:

100% placement

for:

356 participants

the institute’s largest-ever graduating placement batch.

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SPJIMR Placement Highlights 2026

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SPJIMR Average Package 2026

The official average CTC was:

₹33.75 lakh per annum

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SPJIMR Median Package 2026

The median CTC was:

₹32.85 lakh per annum

The relatively small difference between average and median is useful for applicants because it indicates that placement outcomes are not being driven solely by a handful of extreme packages.

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SPJIMR Highest Package 2026

The highest CTC was:

₹75 lakh per annum

Students should still evaluate a B-school primarily through:

• Median CTC
• Average CTC
• Sector mix
• Roles
• Recruiter quality
• PPO conversion

rather than only the highest package.

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PPO Rate

One particularly strong metric was:

46% of the batch receiving PPOs

This indicates strong internship-to-full-time conversion and recruiter confidence.

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SPJIMR Top Recruiters 2026

Consulting

Consulting accounted for:

40% of all offers

and was the largest recruiting domain.

Recruiters included:

• Accenture Strategy
• Boston Consulting Group
• Deloitte India
• Deloitte USI
• EY-Parthenon
• Kearney
• KPMG
• McKinsey
• Miebach
• NRI
• Praxis
• PwC India
• PwC US
• Samagra Consulting
• Synergy Consulting.

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FMCG and Consumer Recruiters

Recruiters included:

• Asian Paints
• Colgate-Palmolive
• General Mills
• Godrej Consumer Products
• Himalaya
• Hindustan Unilever
• ITC
• L’Oréal
• Marico
• Mondelēz
• Nestlé
• Procter & Gamble
• Pidilite
• Reckitt.

This is one reason SPJIMR remains particularly attractive for Marketing aspirants.

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Finance Recruiters

Around 32% of the Finance cohort received BFSI/IB/PE roles.

Recruiters included:

• Axis Bank
• Bank of America
• Barclays
• Citi
• Edelweiss Alternatives
• Goldman Sachs
• HSBC
• Kotak Bank
• Morgan Stanley
• Nomura
• o3 Capital
• Standard Chartered.

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General Management Recruiters

General Management represented approximately:

10% of the batch

with recruiters including:

• Aditya Birla Group
• Mahindra
• Reliance
• RPG
• Tata Administrative Services
• Zomato.

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Product, Technology & Analytics

The Information Management cohort attracted roles from companies including:

• American Express
• AuxoAI
• GE Vernova
• IDFC FIRST Bank
• MakeMyTrip
• PlaySimple Games
• Samsung R&D Institute Bangalore.

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Is SPJIMR Good for Consulting?

Yes — exceptionally strong.

Consulting represented:

40% of Class of 2026 offers

making SPJIMR particularly attractive for students seeking:

• Management Consulting
• Strategy Consulting
• Transformation
• Operations Consulting
• Technology Consulting.

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Is SPJIMR Good for Marketing?

Yes.

Marketing has traditionally been one of SPJIMR’s strongest specialisations.

The combination of:

• HUL
• P&G
• Nestlé
• ITC
• L’Oréal
• Marico
• Mondelez
• Colgate-Palmolive

makes the institute especially relevant for FMCG and brand-management aspirants.

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Is SPJIMR Good for Finance?

Yes.

SPJIMR attracts leading banks and investment institutions, and its Finance curriculum covers areas including:

• Investment Banking
• M&A
• Valuation
• Financial Markets
• Risk
• Portfolio Management.

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SPJIMR Scholarships and Financial Assistance

Financial Assistance Available: Yes

SPJIMR offers:

Merit-cum-Means Financial Assistance

to eligible first- and second-year PGDM students.

The institute considers:

• Financial need
• Academic performance
• Extracurricular activities
• Conduct

and support can take the form of reimbursement of the tuition component. Depending upon evaluation, assistance may be:

Partial

or:

Full.

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Mirae Asset Foundation Scholarship

SPJIMR also offers the:

Mirae Asset Foundation Scholarship

for meritorious students with financial need.

Current eligibility includes:

Family income below ₹8 lakh

The scholarship amount is:

₹5 lakh per student

and two participants from the first year and two from the second year receive the award annually under the published scheme.

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SPJIMR Hostel

Hostel Available: Yes

The PGDM is:

Compulsory Residential

and all participants are required to stay on campus.

Basic hostel accommodation is included within the currently quoted ₹24.86 lakh PGDM fee.

SPJIMR also confirms that hostel accommodation is provided to participants, although there is no separate housing provision for spouses/partners of married participants.

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International Exposure

SPJIMR provides international exposure through programmes such as:

Global Fast Track – GFT

and:

International Exchange – INTEX

SPJIMR describes GFT as a mini-term at leading global B-schools, while the exchange programme enables student mobility between SPJIMR and international partner universities.

These components can add substantial global exposure, but some related travel and programme expenses are outside the standard fee.

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Non-Classroom Learning

One distinctive SPJIMR feature is its strong emphasis on non-classroom learning.

The institute combines conventional management education with:

• Social immersion
• Personal Growth Lab
• Experiential projects
• International exposure
• Corporate interaction
• Leadership development

SPJIMR itself credits its “Non-Classroom Learning” pedagogy as a major element of its leadership-development approach.

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Why Choose SPJIMR Mumbai?

1. Excellent Placements

₹33.75 LPA average and ₹32.85 LPA median for 2026 with 100% placements.

2. Strong Consulting

40% of all 2026 offers came from Consulting.

3. Strong Marketing & FMCG

SPJIMR has extensive relationships with leading consumer brands.

4. Profile-Based Admissions

Candidates are not judged on CAT percentile alone.

5. Triple Crown Accreditation

AACSB + AMBA + EQUIS.

6. Mumbai Location

The campus provides proximity to one of India’s largest corporate, finance, media and consulting ecosystems.

7. Residential Programme

All flagship PGDM participants live on campus.

8. International Exposure

GFT and international exchange provide additional global opportunities.

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Who Should Target SPJIMR?

SPJIMR should be high on your shortlist if you:

• Have a strong and consistent academic record
• Have meaningful extracurricular achievements
• Have strong professional achievements
• Can demonstrate clear career goals
• Want Consulting
• Want Marketing/FMCG
• Want Finance
• Want Operations & Supply Chain
• Want Product/Technology roles
• Prefer Mumbai
• Want an MBA-equivalent PGDM
• Value a holistic admission process

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SPJIMR Can Be Particularly Attractive for Candidates with Strong Profiles

Unlike many B-schools, an applicant does not necessarily need to rely exclusively on an extremely high CAT percentile.

A candidate with:

95–97 percentile + outstanding academics + strong achievements + excellent specialisation fit

may have a compelling SPJIMR profile.

Meanwhile:

99.5 percentile + inconsistent academics + weak extracurriculars + unclear specialisation fit

is not automatically guaranteed admission.

That distinction is central to understanding SPJIMR.

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SPJIMR vs IIM Ahmedabad

IIM Ahmedabad retains stronger overall institutional prestige, but SPJIMR competes strongly on placements and is especially attractive to profile-rich applicants.

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SPJIMR vs FMS Delhi

FMS dominates on tuition ROI, while SPJIMR offers a full residential campus, extensive experiential learning and a more holistic admission system.

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SPJIMR vs XLRI Jamshedpur

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SPJIMR: MBA4U Admission Perspective

SPJIMR is one college where publishing only:

CAT Cut-off: 85 percentile

would seriously mislead an MBA aspirant.

Yes, the official qualifying threshold for 2026–28 was:

CAT Overall – 85

VARC – 75

DILR – 75

QA – 75.

But SPJIMR explicitly uses:

Profile-Based Shortlisting

and:

Profile-cum-Score-Based Shortlisting

followed by:

Two Interview Rounds.

Therefore, there is no meaningful single “actual SPJIMR percentile”.

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What CAT Score Should a General Candidate Target?

For planning purposes:

Strong exceptional profile

95+ can be competitive

Good but less differentiated profile

97–99+ preferred

CAT-driven applicant

98–99+ should be the target

But these should be labelled:

MBA4U Competitive Targets – not official cut-offs.

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Why Your Application Form Matters More at SPJIMR

At several CAT colleges, the application form mainly provides administrative information.

At SPJIMR, it is effectively part of your evaluation.

Applicants should take particular care while describing:

• Achievements
• Responsibilities
• Work experience
• Extracurricular activities
• Career goals
• Specialisation preference

because SPJIMR explicitly evaluates academic consistency, work-experience relevance, versatility and achievements.

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SPJIMR Quick Facts

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SPJIMR Mumbai FAQs

What is SPJIMR Mumbai famous for?

SPJIMR is particularly known for Consulting, Marketing/FMCG, Finance, Operations & Supply Chain, Information Management & Analytics, profile-based admissions and experiential management education.

What is SPJIMR’s NIRF rank?

SPJIMR is ranked:

#20 in NIRF Management 2025.

Does SPJIMR accept CAT?

Yes. PGDM and PGDM (BM) accept CAT and GMAT.

What is the CAT cut-off for SPJIMR?

For the 2026–28 admission cycle:

• Overall – 85 percentile
• VARC – 75
• DILR – 75
• QA – 75.

These are qualifying cut-offs, not guaranteed interview-call cut-offs.

Can I get SPJIMR with 90 percentile?

It is possible in principle for an exceptional profile to benefit from SPJIMR’s profile-based process, but 90 percentile should not be viewed as a generally safe CAT score.

Is 95 percentile enough for SPJIMR?

A strong profile at 95+ can be competitive, but admission is not guaranteed. Candidates relying more heavily on CAT should aim higher.

Does SPJIMR require 99 percentile?

No. There is no official 99-percentile requirement. SPJIMR is well known for evaluating applicants beyond CAT alone.

What is SPJIMR’s fee?

The current indicative Indian PGDM fee is:

₹24.86 lakh

including tuition and basic hostel accommodation.

What is the average package at SPJIMR?

For the Class of 2026:

₹33.75 LPA.

What is the median package?

₹32.85 LPA.

What is the highest package?

₹75 LPA.

Does SPJIMR have 100% placements?

Yes. SPJIMR reported 100% final placements for its PGDM and PGDM (BM) Class of 2026.

Does SPJIMR provide hostel accommodation?

Yes. Both PGDM and PGDM (BM) are residential programmes, and participants are required to stay on campus.

Does SPJIMR offer scholarships?

Yes. SPJIMR offers merit-cum-means financial assistance and the Mirae Asset Foundation scholarship.

Can freshers apply?

Yes. Work experience is not compulsory. Fresh graduates can apply.

Can final-year students apply?

Yes. Eligible final-year undergraduate candidates can apply.

Is SPJIMR government or private?

SPJIMR is a private autonomous management institution and part of Bharatiya Vidya Bhavan.

Is SPJIMR Triple Crown accredited?

Yes. It holds:

AACSB + AMBA + EQUIS accreditation.

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Official Website

S.P. Jain Institute of Management & Research

Visit SPJIMR official website

Address:
Bharatiya Vidya Bhavan Campus
Munshi Nagar, Dadabhai Road
Andheri West
Mumbai – 400058
Maharashtra.

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MBA4U Final Take

SPJIMR Mumbai should be treated as a top-tier Indian B-school, even though its NIRF Management 2025 rank is #20. Its corporate outcomes tell a particularly strong story: the Class of 2026 recorded 100% placements, ₹33.75 LPA average CTC, ₹32.85 LPA median CTC, ₹75 LPA highest CTC and a 46% PPO rate.

Its key strengths are:

• Strong Consulting placements
• Excellent FMCG and Marketing opportunities
• Strong Finance recruiter ecosystem
• Information Management & Analytics
• Operations & Supply Chain
• Mumbai location
• Triple Crown accreditation
• International exposure
• Residential programme
• Merit-cum-means financial aid
• Highly differentiated profile-based admission system.

For MBA aspirants, the most important point is:

Do not evaluate SPJIMR through CAT percentile alone.

The official minimum is 85 overall and 75 sectional, but candidates are shortlisted through either profile-based or profile-cum-score-based evaluation, followed by two rounds of interviews.

For a typical General-category candidate, 95–99+ percentile is a useful competitive planning range, with applicants who rely heavily on CAT ideally targeting 98–99+. At the same time, an exceptional applicant with a slightly lower score can still be highly competitive because SPJIMR examines academics, work experience, achievements, versatility and specialisation fit.

For students targeting Consulting, Marketing, Finance, FMCG, Operations & Supply Chain, Product, Technology or Analytics, SPJIMR Mumbai deserves a place among the highest-priority B-schools in India.

Profile updated: August 2026.