SPJIMR has a unique approach to candidate selection, where calls are given based on the applicant's overall profile, including past academic scores, extracurricular activities, leadership skills, and other factors. More than merely achieving a certain percentile is required to guarantee admission, and even candidates with 99+ percentiles can be rejected. Shortlisting is based on evaluating profiles, and applicants are sorted into two groups: Profile-based and Profile-cum-Score-based.
Candidates are then evaluated on various factors, such as academic background, work experience, entrance scores, versatility, and achievements, to determine their suitability for admission.
After the initial shortlisting, applicants must fill out a more descriptive form. To avoid scheduling conflicts with other business school interviews, it is recommended that applicants take advantage of this opportunity and attend the interview.
The selection process involves a psychometric test, a group interview 1 focusing on academic qualifications, work experience, and extracurricular activities, and a group interview 2 assessing candidates' values and ethics. Honesty and confidence are crucial for success, as any attempt to fake it will likely be detected.
Choosing the best institute for an operations management program depends on various factors such as the curriculum, faculty, location, placements, and overall reputation. It is recommended to research thoroughly about each institute, connect with alumni, and attend admission sessions to make an informed decision. However, NITIE is highly recommended for pursuing an operations specialization.
In XLRI or SPJIMR, having relevant work experience is not a requirement for admission. Having 1.5 years of experience in a different field will not give you an advantage or disadvantage during placements as candidates with less than 2 years of experience are considered the same as freshers. Moreover, any work experience is valuable and can contribute to your MBA education as it's not limited to specific areas such as Marketing or Finance.
In SPJIMR, if you opt for Finance as your specialization, relevant experience may slightly enhance your profile. However, for other specializations, you will have to compete with other candidates on an equal footing.
SPJIMR’s Post Graduate Diploma in Management (PGDM) is a two-year, full-time residential program equivalent to an MBA. PGDM is approved by AICTE, accredited by NBA and AMBA, UK and consistently rates among India’s top 10 management programs. FT (MiM) 2022 ranking places PGDM first among Indian business schools in two categories:
The program offers a holistic approach to leadership development with its innovative blend of classroom learning and thoughtfully curated immersive experiences. SPJIMR’s distinguished faculty of accomplished academicians and practitioners constantly incorporate practice-focus contemporary innovation in the program design to accelerate the participant’s leadership development.
Placements
PGDM has a consistent record of placing 100% of its batch for over two decades. The final placement this year marked a return to an offline placement process. The entire placement exercise was conducted in a hybrid mode, with most recruiters visiting the campus in person.
The average annual salary (cost-to-company) this year stands at INR 33.02 LPA. The median salary came in at INR 32.89 LPA, marking a jump of around 9% over the reported number last year, with over 70% of the batch securing offers above INR 30 LPA and over 92% in excess of INR 25 LPA.
All the aforementioned colleges are among the best B Schools in India so the choice between them depends on your preference and future prospects. You need to determine what exactly you want from the program and where your career currently is.
In general, ISB is for people who have better industry experience, good leadership skills and decent academics. The other B Schools focus more on excellent academics throughout your career.
The ranking of these institutes in my opinion is ISB, IIM-A, B, C>IIM-L, FMS, XLRI,>SPJIMR
The above preference order is based on a number of factors like career progression, college market value perception, quality of faculty, quality of students, academic learning, quality of recruiters and infrastructure.
The fee structure for the PGDM course is Rs 20.42 lakhs and for the PGPM program is Rs 22.1 Lakhs.
Course |
Fees |
PGDM |
20.42 Lakhs (Total Fees) |
PGPM |
22.1 Lakhs (Total Fees) |
Executive |
9 Lakhs (Total Fees) |
MDP |
25,000 (1st Year Fees) |
Among these, IIM Ahmedabad is the better option. It is the best B-School in the country and has a legacy of over 60 years. IIM Ahmedabad placements 2022 witnessed the median CTC of INR 36.2 LPA.
SPJIMR is good for Operation as well. It is among the top B-Schools in the country with a phenomenal placement record. But comparably, IIM A brand name will offer better exposure and placement opportunities.
There are many ways to measure the "best" MBA college, but one commonly used metric is the ranking by reputed educational agencies. According to the latest rankings by the Financial Times, the top MBA college in Mumbai is the Jamnalal Bajaj Institute of Management Studies (JBIMS), followed by the S. P. Jain Institute of Management & Research (SPJIMR) and the Narsee Monjee Institute of Management Studies (NMIMS). However, these rankings are based on specific criteria and may not match your preferences.
Here is a brief overview of these colleges
Particulars |
JBIMS |
SPJIMR |
NMIMS |
Total Recruiters |
75+ |
63 |
148 |
Highest CTC |
INR 42 LPA |
INR 77.8 LPA |
INR 67.80 LPA |
Average CTC |
INR 27.63 LPA |
INR 33.02 LPA |
INR 26.63 LPA |
Major Domain |
Consulting |
- |
General Management, Marketing, Finance, Operations |
Top Recruiters |
Accenture, KPMG, EY, Deloitte, PwC, Infosys |
Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy |
Aditya Birla Capital, American Express, Goldman Sachs, Crisil etc |
So, JBIMS is the best college in terms of ranking, quality, and placements. It falls in the same category as the top B Schools like IIMABCL, XL, and FMS. The specialization-wise preference order would be
Ultimately, the best college depends on your preferences and future prospects.
IIM Bangalore and SP Jain Institute of Management and Research (SPJIMR) are both well-known B-schools in India. Both have a strong reputation for academic quality and relevance to the business world. Which one is "better" relies on things like personal preferences, career goals, and each person's situation.
IIM Bangalore is one of the best business schools in India and one of the best IIMs in terms of study and academic rigor. It has a good reputation for turning out great managers and leaders, and employers are eager to hire its graduates.
On the other hand, SPJIMR is known for its innovative and cutting-edge curriculum, which combines standard management education with real-world experience. The b school puts a lot of emphasis on innovation and entrepreneurship, and its graduates are well-prepared to start and run their own businesses.
When it comes to placements, recruiters from a wide range of fields, such as consulting, finance, and marketing, have always shown a lot of interest in both schools. The average salary package at both schools is usually between 25 and 35 lakhs per year, but the best students often get offers that are much higher.
Parameter |
SP Jain |
IIM Bangalore |
Ranking |
4th by NIRF |
2nd by NIRF |
Type of Institution |
Private |
Public |
Campus Location |
Mumbai,Delhi |
Bangalore |
Selection Criteria |
CAT/XAT/GMAT, followed by GD and PI |
CAT/GMAT, followed by WAT and PI |
Average Placement Package |
33.02 LPA |
28.98 LPA |
Highest Package |
77.8 LPA |
31.20 LPA |
Median Package |
32.89 LPA |
28.60 LPA |
Fees |
20.42 Lakhs |
24.70 Lakhs |
In conclusion, both IIM Bangalore and SPJIMR are highly regarded schools that give students and professionals great chances to learn and grow.
IIFT, SP Jain, XLRI, and FMS all four institutes are reputed and counted among the top B-Schools in India. For these institutes, your preference order should be as follows.
FMS>IIFT>XLRI>SP Jain
This ranking is based on different parameters such as academics, placements, ranking, faculties, student crowd, etc. FMS offers the best ROI. According to the recent placement highlights, the average CTC for the institute is INR 32.4 LPA. While FMS Delhi fees are around INR 1.92 Lakhs.