S. P. Jain Institute of Management and Research

Mumbai, Maharashtra · 3 programmes

NIRF #20 · AACSB · AMBA · EQUIS · NBA · private · Est. 1981 · spjimr.org

Key facts

PGDM · 2026 season

SPJIMR runs three programmes. The total fee for the PGDM is ₹24.86 lakh including hostel, and its 2026 average package was ₹33.6 lakh — both as published by the institute.

Average package
₹33.6L (PGDM and PGDM (BM))
Highest package
₹75L (2026 season)
Total fee
₹24.9L (incl. hostel)
ROI
1.35× — average package ÷ total fee
Payback
9 mo — at the average package, pre-tax
Placed
100% — of 240 · 2026

ROI divides the average package by the full programme fee; payback is the months of that package it takes to equal the fee, before tax. Fee bases differ between colleges, so check what each fee includes before comparing two.

Programmes at a glance

ProgrammeDurationTotal feeSeatsAverageShortlist cutoff
SPJIMR PGDM24 mo₹24.9L240↓ shared85
SPJIMR PGDM (BM)24 mo₹24.9L120↓ shared—
SPJIMR PGPM18 mo₹22.7L180₹24.4L—
PGDM and PGDM (BM)———₹33.6L—

Programmes

SPJIMR PGDM

24 months · CAT or GMAT · 240 seats

Fee and pay

Fee
₹24.9L
Average
₹33.6L
Highest
₹75L
Total fee
₹24.9L (incl. hostel)
Average
₹33.6L
Highest
₹75L

Who can apply

CAT 85 percentile overall, with 75 in each of VARC, DILR and QA

Shared
Every applicant
CAT 85 percentile overall, with 75 in each of VARC, DILR and QA

Graduation with 50% and under five years of work experience. GMAT applicants need the same percentiles.

Selection

SPJIMR shortlists on profile — academic consistency, relevant work experience, versatility and achievements — and then on profile with test score.

Shared

SPJIMR shortlists on profile — academic consistency, relevant work experience, versatility and achievements — and then on profile with test score. Final selection combines profile, academics, CAT or GMAT, work experience and two rounds of group interviews. It publishes no weights.

Who’s in the batch

Women
33%
Non-engineers
47%
Students
240
Women
33%
Non-engineers
47%
Students
240
Residential
Yes

SPJIMR PGDM (BM)

24 months · CAT or GMAT · 120 seats

Fee and pay

Fee
₹24.9L
Average
₹33.6L
Highest
₹75L
Total fee
₹24.9L (incl. hostel)
Average
₹33.6L
Highest
₹75L
ROI
1.35× — average package ÷ total fee
Payback
9 mo — at the average package, pre-tax

ROI divides the average package by the full programme fee; payback is the months of that package it takes to equal the fee, before tax.

Who can apply

CAT 85 percentile overall, with 75 in each of VARC, DILR and QA

Same as PGDM

Selection

SPJIMR shortlists on profile — academic consistency, relevant work experience, versatility and achievements — and then on profile with test score.

Same as PGDM

Who’s in the batch

Women
24%
Non-engineers
26%
Women
24%
Non-engineers
26%
Residential
Yes

SPJIMR PGPM

18 months · GMAT or CAT · 180 seats

Fee and pay

Fee
₹22.7L
Average
₹24.4L
Highest
₹50L
Total fee
₹22.7L
Average
₹24.4L
Highest
₹50L
ROI
1.08× — average package ÷ total fee
Payback
12 mo — at the average package, pre-tax

ROI divides the average package by the full programme fee; payback is the months of that package it takes to equal the fee, before tax.

Who can apply

At least three years of full-time work experience by 1 December 2026

Every applicant
At least three years of full-time work experience by 1 December 2026

A bachelor's degree with 50%, and a GMAT (from 30 September 2021) or CAT 2023–25 score.

Selection

SPJIMR shortlists on the overall profile and interviews on a rolling basis, in two rounds of personal and group interviews.

SPJIMR shortlists on the overall profile and interviews on a rolling basis, in two rounds of personal and group interviews. It publishes no weights.

Who’s in the batch

Women
36%
Non-engineers
30%
Work-ex
4.8 yrs
Students
169
Women
36%
Non-engineers
30%
Average work-ex
4.8 yrs
Students
169
Residential
Yes

Specializations

Finance · Information Management · Marketing · Operations & Supply Chain

About SPJIMR

S. P. Jain Institute of Management and Research (SPJIMR), established in 1981, is a leading private business school based in Mumbai. Its flagship two-year PGDM is a full-time residential programme with an intake of around 240 students. SPJIMR is known for its profile-based admissions process, strong industry exposure and relatively small batch size compared with many other top business schools.

For the 2026 placement season, the PGDM reported an average package of around ₹33.6 lakh and a highest package of ₹75 lakh, with 100% placements. The programme fee is approximately ₹24.86 lakh and includes basic hostel accommodation. SPJIMR offers specialisations in areas such as Finance, Marketing, Information Management, and Operations & Supply Chain.

Admission to the PGDM is through CAT or GMAT. SPJIMR considers not only entrance-test performance but also a candidate’s academic record, work experience, achievements and overall profile while shortlisting applicants. The latest published qualifying threshold is 85 percentile overall with 75 percentile in each section, although clearing these cutoffs does not guarantee an interview call.

Established 1981

Find SPJIMR alumni on LinkedIn

Frequently asked questions

What is the fee for the SPJIMR PGDM?

The PGDM’s total fee is ₹24.86 lakh including hostel. The PGDM (BM) costs ₹24.86 lakh including hostel. The PGPM costs ₹22.66 lakh.

What is the average package at S. P. Jain Institute of Management and Research?

The PGDM and PGDM (BM) published one average package, ₹33.6 lakh, for the 2026 season. The PGPM’s average was ₹24.42 lakh for 2025.

What percentile is needed for S. P. Jain Institute of Management and Research?

SPJIMR lists a minimum 85 percentile to be considered for shortlisting. That is a floor; admitted candidates usually score higher.

How many seats does each programme at S. P. Jain Institute of Management and Research have?

PGDM 240, PGDM (BM) 120 and PGPM 180.

Who can apply to the SPJIMR PGPM?

At least three years of full-time work experience by 1 December 2026. A bachelor's degree with 50%, and a GMAT (from 30 September 2021) or CAT 2023–25 score.

Which entrance exams does S. P. Jain Institute of Management and Research accept?

CAT or GMAT for the PGDM and PGDM (BM); GMAT or CAT for the PGPM.

What share of the SPJIMR PGDM batch was placed?

About 100% of the 240-strong batch was placed in the 2026 season.

When was S. P. Jain Institute of Management and Research established?

SPJIMR was established in 1981.

Updated · every figure carries its source

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