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SP Jain [SPJIMR], Mumbai
About SP Jain (SPJIMR)
SP Jain is a leading management institute established in 1981. SP Jain is known for its flagship PGDM program. The institute is accredited by AACSB. SP Jain PGDM admissions are based on CAT, followed by 2 rounds of interviews. SP Jain's CAT cut-off is 85 percentile overall. SP Jain PGDM fee is INR 24 lakh for 2 years, whereas the SP Jain average package recorded was INR 33.02 LPA for the 2023 batch. SP Jain is a private B-school ranked 20 according to NIRF 2023 and SPJIMR ranks 40th in world by the Financial Times Global rankings 2023. Apart from PGDM, SPJIMR also offers courses like PGDBM, PGPM, and Global Management Programme.
Table of Content
SP Jain Highlights
| Particulars | Statistics |
|---|---|
| Established Year | 1981 |
| Campus Size | 45 acres |
| Students Intake | 240 (PGDM), 120 (PGDM BM) |
| MBA Fees | INR 24,00,000 |
| NIRF Ranking 2023 | 20 |
| Number of Courses | 16 |
| Total Faculty | 78 |
| Scholarship | Merit-Cum Means-based financial assistance available and the scholarship available for students selected in the Exchange program |
| Highest Package 2023 | INR 77.88 LPA (International) INR 67.50 LPA (Domestic) |
| Top Recruiters | Amazon India, Axis, ITC, Deloitte, HUL, Flipkart, Goldman Sachs, BCG, KPMG, Nestle, etc. |
SP Jain Important Dates 2024
| PGDM / PGDM-BM | |
|---|---|
| CAT Registration Starts | August 2, 2023 |
| CAT Registration Ends | September 20, 2023 |
| CAT Admit Card | October 25, 2023 |
| CAT Exam Date | November 26, 2023 |
| Last Date to Apply | November 24, 2023 |
| Round 1 Interview (Online) | January - February 2024 (Tentative) |
| Round 2 Interview (in-person) | February - March 2024 (Tentative) |
| Final Selection | March 24, 2024 (Tentative) |
| Program Starts | June 20, 2024 (Tentative) |
| Read More | |
| PGPM | |
|---|---|
| Application Opens (Phase III) | August 1, 2023 |
| Last Date to Apply | October 2, 2023 |
| Announcement of Shortlisted Candidates | October 10, 2023 |
| Interview Dates | Mid October to End October 2023 |
| Commencement of Program | December 2, 2023 |
| Read More | |
SP Jain Fees
The following table represents the fees of different courses at SPJIMR:
| Courses | Fees |
|---|---|
| PGDM |
INR 24,00,000 (2 years) – Indian Students INR 33,32,000 – International Students |
| PGDM BM | |
| PGPM | INR 23,50,000 (1.5 years) |
| GMP | INR 6,93,500 (6 months) + Partner School fees of INR 20 - 60 Lakhs |
| PGMPW | INR 10,95,188 (In-campus) INR 14,52,875 (Hybrid) |
| PGEMP | INR 9,00,000 (21 months) |
| PGPGM | INR 9,50,000 (2 years) |
| EP-BM | INR 4,69,400 (13 months) |
| FPM | No fee charged |
SP Jain Courses
SP Jain offers various postgraduate, executive, and doctorate courses. The highlights of some of the major courses are listed below:
| Course | Program Details |
|---|---|
| PGDM | Intake: 240 (PGDM), 120 (PGDM-BM) Eligibility: Bachelor’s degree with 50% marks (Candidates in final year can also apply for PGDM/ PGDM BM) Selection criteria: CAT/ GMAT + Personal Interview |
| PGDM BM | |
| PGPM | Eligibility: Bachelor’s degree with 50% marks and a minimum of 5 years of work experience. Selection criteria: CAT/ GMAT + Personal Interview |
| GMP | Eligibility: Graduation with 55% marks Selection criteria: GRE/ GMAT/ CAT/ XAT/ NMAT + Personal Interview |
Check: SP Jain Courses and Fees
SP Jain Admission 2024
SP Jain PGDM admission includes the following processes:
| Admission Stage | Description |
|---|---|
| Application Form | Interested candidates can fill out the application form available on the SP Jain website till November 24, 2023. |
| Shortlist for PI | The candidates will be shortlisted for the PI based on their profiles and their scores in CAT or GMAT. |
| Personal Interview | Shortlisted candidates will have to appear for 2 rounds of interviews, one online and one in-person. |
| Final Selection | The final selection will be based on the applicant’s profile, academic record, entrance test scores (CAT / GMAT), work experience, and performance in the two rounds of interviews. |
Check: SP Jain detailed Admission Process
SP Jain Cut-off 2023
SP Jain accepts CAT and GMAT scores for the PGDM program. The candidates should have appeared for CAT 2023 and the GMAT should be taken between January 01, 2021, to December 31, 2023. The minimum cut-off of CAT and GMAT for PGDM admission is mentioned in the table below:
| Entrance Test | Overall | VARC | DILR | QA |
|---|---|---|---|---|
| CAT Percentile | 85 | 75 | 75 | 75 |
| GMAT | ||||
| GMAT Percentile | 85 | 75 | 75 | - |
Check: SP Jain detailed Cut-off
SP Jain Placements 2023
SP Jain Placements 2023 concluded with 100% placements. A total of 63 companies participated in the placement drive and offered jobs to 237 students. Over 92% of the Jobs were offered a package of INR 25 LPA or above and the average package recorded was INR 33.02 LPA. SP Jain highest international package stood at INR 77.88 LPA.
SPJIMR’s PGDM and PGDM 2024 batch comprising 295 students acheived autumn internships in top companies an average stipend of INR 3,15,000. However, Top 50% of the batch received an average stipend offer of INR 3,77,000. There was over a 100% increase in offers from Investment Banking/Private Equity.
| Particular | PGDM Placements 2023 |
|---|---|
| Total Students participated | 237 |
| Total Recruiters | 63 |
| Highest CTC (International) | INR 77.88 LPA |
| Highest CTC (Domestic) | INR 67.50 LPA |
| Average CTC | INR 33.02 LPA |
| Median CTC | INR 32.89 LPA |
| Top Recruiters | Asian Paints, Hindusthan Unilever Ltd, BCG |
SP Jain's Placements for the last 3 years is mentioned in the table below:
| Year | Highest CTC | Average CTC |
|---|---|---|
| 2022 | INR 53.16 LPA | INR 32.06 LPA |
| 2021 | INR 46.65 LPA | INR 26.06 LPA |
| 2020 | INR 51 LPA | INR 26.36 LPA |
Check: SP Jain detailed Placement Report
SP Jain Ranking
SP Jain was ranked 20 by NIRF 2023 among the top management institutes in the country. It ranked 1st in India in Masters in Management by FT Global, 2023. SP Jain, other rankings are mentioned in the table below:
| Ranking bodies | Year | Ranked At |
|---|---|---|
| Financial Times | 2023 | 1st (Masters in Management - India) |
| Financial Times | 40th (Masters in Management - World) | |
| NIRF | 2023 | 20 out of 100 (Management) |
| IIRF | 2023 | 4th (Among private colleges) |
| Business Today Ranking | 2023 | 5th (Top B-School) |
| 1st (All India Private B-school) | ||
| 7th for Executive MBA (EP-BM) | ||
| 8th for 1-Year MBA (PGPM) | ||
| QS Global MBA Ranking | 2023 | 29 (Asia) |
| QS Global MBA Ranking | 2023 | 151-200 (World) |
| EDUniversal ranking | 2022 | 9 (PGDM) |
| 19 (PGEMP) | ||
| Fortune India | 2022 | 8 (All India) |
| 1 (All India Private B-school) | ||
| QS Global MBA Ranking | 2021 | 22 (MBA-Asia) |
Check: SP Jain detailed Ranking
SP Jain Vs MDI Vs NMIMS
| Particulars | SP Jain | MDI Gurgaon | NMIMS |
|---|---|---|---|
| NIRF Ranking 2023 | 20 | 13 | 21 |
| Established Year | 1981 | 1973 | 1981 |
| Campus Area | 45 acres | 35 acres | 179 acres |
| MBA Batch Size | 240 | - | 600 |
| Admission Process | CAT/ GMAT + 2 Personal Interview | CAT/ GMAT + Group discussion + Personal Interview | NMAT + Psychometric Test/ Written Analytic Test + Personal Interview |
| CAT Cut-off | 85 | - | - |
| MBA Fees | INR 24,00,000 | INR 24,16,800 | INR 11,95,000 |
| Curriculum | First year includes core functional and general management courses. In the second year students will cover the specializations of their choice. | It has 6 terms of 3 months each. The core courses are covered in 4 terms and the elective is in the last 2 terms. Students have to opt for 14 to 17 electives. | The First year will have core courses and the second year has 140 electives. |
| Highest CTC 2023 | INR 77.88 LPA (International) INR 67.50 LPA (Domestic) | INR 60 LPA | INR 67.80 LPA |
| Average CTC 2023 | INR 33.02 LPA | INR 27.67 LPA | INR 26.62 LPA |
| Scholarship |
Merit cum - Means Based Financial Assistance |
Mirae Asset Foundation (MAF) Scholarship |
Merit Based Scholarship |
Life at SP Jain
SP Jain operates from its main Mumbai campus and has a Delhi center. The Mumbai campus is beautiful and tranquil and offers a unique living experience to the students. The Mumbai campus hosts all the full-time and modular residential programs. SP Jain campus has an excellent modern infrastructure and is well equipped with all the facilities like classrooms, library, labs, hostel, sports facilities, and many others. The SP Jain hostels are highly rated by the students and include amenities like furnished rooms with 24-hour internet connection. There are water filters & coolers, washing machines, TV, Coffee vending machines, and Table tennis tables.
International Immersion: SPJIMR participants, across several programmes, have the opportunity to study abroad and gain exposure to global culture and cutting-edge business practices. Immersive options range from intensive specially-curated multi-week programmes at top-ranked universities such as Cornell, CMU, ESADE, Babson College, University of Texas, etc., to multi-month international exchange programmes (i.e. the traditional “semester abroad”) with prestigious universities in France, Italy, Japan, Germany, Spain, Indonesia and Vietnam, amongst others. SPJIMR also receives incoming exchange students from various international partner schools who bring a unique international flavour to SPJIMR’s Mumbai campus.
Read More: Life at SP Jain
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 2023 placement drive at SP Jain, a total of 63 companies participated in the placement drive and offered jobs to 237 students. 92% of the offers have a salary higher than INR 25 LPA and the average package recorded was INR 33.02 LPA. SP Jain also had international offers with the highest international offer at INR 77.88 LPA.
Ques. What is the salary of SP Jain MBA?
Ans. The average salary of SP Jain is INR 33.02 LPA as recorded in the 2023 placements.
Ques. What is the highest package of SP Jain?
Ans. In the 2023 placement drive at SP Jain, the highest international package stood at INR 77.88 LPA, and the highest domestic package stood at INR 67.50 LPA
Ques. What is the fee for SP Jain MBA?
Ans. The fee for the SP Jain PGDM program is INR 20,42,000 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 240 seats for the PGDM program and 60 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 October 30, 2018 - October 30, 2023 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 4 years of full-time work experience and not more than 1 year 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 1-year 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 PhD 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 PhD fee at SP Jain?
Ans. The PhD 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 PhD a residential program?
Ans. PhD program at SP Jain is a 4-year full-time program and an on-campus hostel accommodation is offered for the outstation candidates.
Ques. Is it necessary to have work experience to apply for PhD at SP Jain?
Ans. Yes, it is necessary to have a work experience of minimum 3 years in corporate or academia or both to pursue PhD at SP Jain.
Ques. What is the intake of the PhD program at SP Jain?
Ans. SP Jain takes only 5 candidates per year for the PhD program.
Ques. Can I apply for more than one area of specialization for PhD admission at SP Jain?
Ans. Yes, the candidates can apply for a maximum of 2 areas of specialization for PhD admission at SP Jain.
Ques. Can I change my PhD specialization after joining the PhD 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
SP Jain (SPJIMR) Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
| PGDM | ₹20.42 Lakhs (Total Fees) | Graduation with 50% | 31 Oct - 31 May 2024 | |
| PGPM | ₹23.5 Lakhs (Total Fees) | Graduation with 50% | 31 Oct - 31 May 2024 | |
| Certification | ₹65,000 (Total Fees) | 10+2 | 31 Mar - 31 May 2024 | |
| PG Program | ₹17.05 Lakhs (Total Fees) | Graduation | 31 Mar - 31 May 2024 | |
| PG Diploma | ₹10 Lakhs (Total Fees) | Graduation with 50% | 1 May - 30 Jun 2024 |
Courses Offered By SP Jain (SPJIMR) 2024
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SP Jain (SPJIMR) Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| Application Final Deadline [PGDM - Online] | Jun 30, 2024 |
| Programme Starts [PGDM - Online] | Jul 01, 2024 - Jul 31, 2024 |
| Programme Starts (Phase 3) [PGPGM] | Aug 31, 2024 |
| Programme Starts (Phase 1) [PGPM] | Dec 02, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2023 Result Date | Dec 21, 2023 |
| Last Date to Apply Phase-1 (PGPGM) | Feb 10, 2024 |
| Application Timeline (FPM) | Nov 21, 2023 - Feb 13, 2024 |
Important Events
| Events | Dates |
|---|---|
| Application Final Deadline [PGDM - Online] | Jun 30, 2024 |
| Programme Starts [PGDM - Online] | Jul 01, 2024 - Jul 31, 2024 |
Expired Events
| Events | Dates |
|---|---|
| Application Priority Deadline [PGDM - Online] | May 01, 2024 |
Important Events
| Events | Dates |
|---|---|
| Programme Starts (Phase 3) [PGPGM] | Aug 31, 2024 |
Expired Events
| Events | Dates |
|---|---|
| GD/PI Date (Delhi & Mumbai) (Phase 3) [PGPGM] | May 18, 2024 |
| Application Deadline (Phase 3) [PGPGM] | May 12, 2024 |
| Interview Date Phase-1 (PGPGM) | Feb 17, 2024 |
Important Events
| Events | Dates |
|---|---|
| Programme Starts (Phase 1) [PGPM] | Dec 02, 2024 |
Expired Events
| Events | Dates |
|---|---|
| Application Deadline (Phase 1) [PGPM] | May 31, 2024 |
| Last Date to Apply (PGPGM) [Phase 2] | Apr 14, 2024 |
| CAT 2023 Result Date | Dec 21, 2023 |
SP Jain (SPJIMR) Rankings 2024
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SP Jain (SPJIMR) Scholarship 2024
Scholarship provided by college
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) |
Check SPJIMR Mumbai Courses and Fees
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.
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.
Check SPJIMR Mumbai Admissions 2023
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): 18 Answered Questions
View AllWhat 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.
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.
You'll 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.
What is the difference between score-based and profile-based calls in SPJIMR?
To ensure that you understand the application process and the criteria for final selection, here are the differentiating factors between score-based and profile-based calls in SPJIMR you need to know:
- The initial application form is the same for everyone, and it includes academic achievements, work experience relevance, and versatility. If your profile stands out from the rest of the applicant pool, SPJIMR will give you an interview call even before the CAT/XAT result is out.
- If you receive a profile-based call, you must meet a minimum overall percentile of 85% and above 70% percentile in sectionals in CAT/XAT to keep the call valid. If you do not meet these criteria, the call stands canceled.
- Once you receive a profile-based call, you have the option to choose early interviews at the SP campus itself, where only profile call-getters are called. Otherwise, you can also choose to come later with the score-based call-getters.
- For score-based call-getters, the process of getting a call is slightly different than the above. Once CAT/XAT results are out, SPJIMR shortlists candidates based on their percentile (cutoff hovers around 96-97) and profile and then give out the score-based calls which are essentially profile-cum-score based calls.
- The remaining part of the process remains the same for both profile-based and score-based call-getters, which involves conducting the interview and getting selected.
- The final conversion depends on a combined result of academics, work experience relevance, achievements, versatility, CAT/XAT/GMAT score, psychometric test, WAT, GI 1, GI 2, and positioning in the applicant pool. This criterion remains the same, irrespective of whether you were a profile-based convert or a score-based convert.
Overall, SPJIMR follows a rigorous and fair selection process that evaluates all aspects of your profile and potential to succeed in their program. Therefore, it is important to understand the criteria and prepare accordingly to increase your chances of getting admitted.
Is PGPDM from SPJIMR worth investing time and money?
If you're a working professional looking to enhance your development and management skills, the Post Graduate Programme in Development Management (PGPDM) from SP Jain Institute of Management and Research (SPJIMR) is a great investment. There are several reasons to justify this claim.
One reason is the sponsorship from leading organizations such as Kherwadi Social Welfare Association, Aditya Birla Group, Kotak Education Foundation, Alert India, Lupin Human Welfare & Research Foundation, Alkem Laboratories, Magic Bus India Foundation, Ashray-Akruti, Mahindra & Mahindra, Association for Democratic Reforms, and Om Creations Trust.
Completing this program can also boost your career opportunities and salary. As per the latest data by SPJIMR, consulting firms offered jobs to 84 participants, the highest number ever reported by the B-School for a batch. Some of the top recruiting companies were Accenture Strategy, Bain & Co., Boston Consulting Group, Deloitte USI, EY, GEP, KPMG, and PwC US Advisory.
Moreover, the data shows that the average annual salary offered to participants this year was Rs. 25.86 lakhs per annum (LPA), which is a significant increase from the previous years. Overall, the PGPDM program from SPJIMR is worth considering for any working professional looking to advance their career in development and management.
What kind of questions can one expect in the SPJIMR one-year PGPM interview?
To ace the two rounds of interviews, keep in mind that the first one focuses on technical skills while the second one assesses your fit in the company's culture. Nevertheless, expect some similarities in the questions asked. You should note that the interview will be in a group setting where you'll face 4-5 panelists. One of the questions you might encounter is related to India's e-commerce industry. In the second round, the panelists might inquire if your current job satisfies you and probe your moral principles and ethical code.
It is important to be well-prepared for both rounds of the interview. Take the time to research the company and the industry, and practice answering common interview questions. You may also want to prepare some questions to ask the panelists at the end of the interview to show your interest in the company and the role. Practice answering standard interview questions and prepare inquiries that showcase your interest in the organization and the position.
Is it better to take admission directly in IESEG France or go through the GMP course offered by SPJIMR?
If you're considering studying a renowned course in GMP at SPJIMR and then graduating from IESEG France University, there are various perks that you should be aware of. Here are some of the reasons why you should choose IESEG and go through SPJIMR's GMP program:
IESEG:
- IESEG School of Management is one of the top business schools in France, ranked 6th in France and 26th overall in the Financial Times Masters in Management 2022 ranking.
SPJIMR:
- SPJIMR is ranked 4th among private colleges by IIRF Rankings 2023.
- In the recently released NIRF ranking of Top Management Colleges 2022, the college has been ranked in the 21st spot.
- SPJIMR Mumbai is listed in the 151-200 rank band of QS Global Rankings 2022.
Cost benefits:
- The ROI is much higher when you go through SPJIMR’s GMP due to subsidized tuition fees.
- You can save on living expenses up to 30 to 40 thousand per month by staying in Mumbai for 6 months than living in Lille or Paris and still receive the same quality of education as you can achieve in studying in IESEG in the first six months of your program.
Program benefits:
- The program office at GMP facilitates easier communication with seniors/alumni in Europe.
- You will be trained to overcome culture shocks as the course outline encompasses intercultural management, negotiation, and experience sharing which also helps exhibit an excellent group dynamic in Europe.
- You will receive French language training for 6 months where you will be trained up to A2 level.
- SPJIMR provides visa assistance on campus in collaboration with CAMPUS-FRANCE.
- You will develop networking skills, which is a key driving factor for your career growth in Europe. This is because the GMP batch is a pool of aspirants of different foreign universities in Europe & US.
- You can avail the advantage of being an alumnus of both SPJIMR & IESEG School of Management.
- You will have the opportunity to nurture networks in India, Europe, and the US.
- You can receive collateral-free loans for the entire program as SPJIMR comes in tier-1.
- There are no prerequisites such as TOEFL & IELTS. CAT/XAT is sufficient, and GMAT/GRE is optional.
- You will have international professors coming in from Germany, France, and the Netherlands only for the GMP course.
- SPJIMR considers overall versatility in your profile for GMP.
- You will receive internship & employability support from IESEG.
- The final degree will be awarded by IESEG along with a certificate from SPJIMR.
Overall, studying GMP at SPJIMR and then graduating from IESEG France University has many benefits, including cost savings, networking opportunities, language training, and more.
Is it possible for a person to prepare for the CAT in the first year in SPJIMR and aim for IIM A, B, and C?
Yes, it is possible for a person to prepare for the CAT in the first year in SPJIMR and aim for IIM A, B, and C. If you are considering applying to MBA programs, it is essential to prioritize your time effectively. The first half of the top MBA programs can be quite rigorous, leaving you with little time to prepare for exams like CAT.
However, there is no need to apply to IIMs if you receive a SPJIMR admission. SPJIMR consistently ranks in the top 6 B-schools in India and is a great brand to have on your CV. The learning and placements at SPJIMR are quite comparable to IIMs, and there is a location advantage.
If you do find the time at SPJIMR to prepare and receive an IIM A, B, or C admission, it may not necessarily be worth it. The margin of error to receive a call from A, B, or C is too small, and you may not make the most of the most important year of your life at a top B-school like SPJIMR.
It's important to remember that you are letting go of one crucial year of your life if you do receive an ABC admission, which may not be worth it, especially when you have such an excellent B-school to study at. The opportunity cost of one year is too high, especially when you have the chance to race ahead of your peers who are at IIMs. Therefore, it may be wise to focus on making the most of your time at SPJIMR rather than trying to move to a different school.
Does SPJIMR have a different course structure and calendar than the IIMs and other top B schools? If so, is it better?
There are a few differences in the course calendar of SPJIMR and the IIMs that you should be aware of.
The major difference is that SPJIMR's flagship 2-year MBA course has Autumn Internship while IIMs have Summer Internship. In Autumn Internship, you will have completed most of your first-year B-school knowledge, which is a plus point when applying for corporate internships. Additionally, SPJIMR's famous Sem-III, which is a semester for Specialization courses, would have been completed by then. During this semester, you will undergo live projects which is like a near-internship experience and helps you a lot in your actual internship. However, this can keep you away from interacting with students from other B-Schools, unlike in the case of the Summer Internship. During the Autumns Internship selection process, roles are Specialization Specific, and having completed Sem-III restricts the roles you can take outside of your specialization.
With the completion of the Autumn Internship, the final placement season is usually 3/4 months away, giving companies time to roll out PPI/PPO wisely and allowing students to choose prudently between PPI/PPO and the option to be part of Final placements. However, this can leave students with less time for preparation for finals if they don't get PPI/PPO or reject those.
There are also a few minor differences in the course calendar. For example, in the summer, SPJIMR has Social Internship, whereas IIMs have a corporate internship. Additionally, in the mid-second year, SPJIMR students fly to the US for Fast-Track Learning, which is not available in IIMs. The second year for SPJIMR students is mostly busy with Sem-III then GFT then Autumns Internship. Thus SPJIMR students take part in corporate competitions (likes of LIME, Mahindra War Room, TBLA, etc.) during the first year itself, although this is just a norm. SPJIMR also offers numerous Minors (viz. Analytics, Finance, Consulting, Strategy, etc.). But the Analytics semester overlaps with International Exchange Semester. This means students can either do a Minor in SPJIMR OR an International Exchange at Foreign Universities.
Overall, while the timing of the internships is different, SPJIMR's Autumn Internship can be an advantage for you, and the live projects in Sem-III can provide you with valuable experience. However, you should also consider the minor differences and how they may affect your interests and goals.
Can the MBA specialization be changed at SPJIMR after the first year?
Yes, it is possible to change your MBA specialization at SPJIMR after the first year, but it is not a common occurrence. However, if you are looking to switch from Marketing to Finance, it is highly improbable but still possible to convince the management.
It's important to keep in mind that Finance is a specialization that requires a basic background in financial knowledge, which is not always the case for Marketing. This means that changing from Marketing to Finance may be harder for the management to accept than the other way around. It's also important to note that some students have been rejected when requesting to change their specialization.
If you have a financial background, it's possible that you initially tried to get into the finance specialization at SPJIMR but were accepted for your second preference of Marketing. If this is the case, it may be difficult to convince the management to switch your specialization in the second year. However, if you excel in finance subjects in the first year, it may be possible to convince them otherwise.
What are the chances of getting a job in Dubai post an MBA from SPJIMR Mumbai? What is the kind of profiles students from SPJIMR get (in Dubai)?
Your skill set is the most important factor that determines your employability in the Gulf Cooperation Council (GCC) region. This skill set is something that you can develop over time with experience.
Keep in mind that there are very few opportunities for freshers from SPJIMR post an MBA, although IIM-K is a separate case. If you are a Keralite or a Malayali, the UAE may be another option to consider.
Recruiters in the GCC region will always prefer someone who knows Arabic, French, or other foreign languages. This is something that you can work on and improve over time.
After a few years of solid work experience, your chances of getting a job in the GCC region are higher. However, keep in mind that recruiters have plenty of options to choose from when it comes to hiring, especially for jobs that require cheap labor from Asian countries.
In the Middle East, your experience matters a lot, as well as your ability to thrive in a fast-paced environment. You need to be able to adapt quickly and work efficiently to succeed.
It's important to note that Western nationalities also have an edge in the Gulf job market. If a company has the option to choose between a Marketing person with similar skill sets, an average-looking Indian guy, and a Western-style icon with a model-like personality, they will most likely choose the latter. This is because most jobs in the Gulf require excellent communication skills, a little bit of relevant experience, and a Driving License.
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