SP Jain [SPJIMR], Mumbai
SP Jain [SPJIMR], Mumbai
SP Jain aka S. P. Jain Institute of Management and Research (SPJIMR). Established in 1981, SP Jain is known for its Culture and Diversity, Abhyudaya Program, Global Exposure and Great RoI. SP Jain is recognised as one of the best B-Schools, both in India and abroad. SP Jain is ranked 20th by NIRF 2024 in the Management Category and 40th Globally by FT Masters in Management 2023 ranking.
SP Jain is located in the financial capital of India, Mumbai. Chhatrapati Shivaji Maharaj International Airport is about 7 kms away from the Campus, while the closest railway station, Andheri, is 2 km away from the Campus.
SP Jain’s Placement for the batch of 2024 has been concluded. A total of 72 Top Recruiters participated in the placement drive for 240 students. SP Jain’s average package was recorded at INR 33 LPA, with the highest package reaching INR 81 LPA.
SP Jain PGDM program is the Flagship Program of the Institute. SP Jain offers PGDM BM, PGPM, GMP, Executive PGDM, Online PGDM and Doctoral Programs. Admission to the PGDM program is based on CAT / GMAT scores, followed by the evaluation of the candidate’s profile.
SP Jain Highlights
- SP Jain has recorded 100% Placement for the batch of 2024. SP Jain average package and median package was INR 33 LPA and INR 31.50 LPA respectively.
- SP Jain has 4 campuses in Mumbai, Dubai, Singapore and Sydney respectively. These campuses offer opportunities to study abroad as well.
- SP Jain offers candidates the opportunity to choose from four Specializations in the PGDM program during the application process, enabling them to focus early in the program.
- Unlike other B-Schools, SP Jain does not have a Summer Internship; instead, it provides an Autumn Internship for its students. SP Jain’s autumn internships stand out because they let students do corporate internships in their second year, rather than after their first. Taking place after the third semester at SP Jain, students are better prepared and also have a clearer vision of their specialization.
SP Jain Admission 2024
- Eligibility Criteria: Candidates with a Bachelor’s Degree with 50% Marks are eligible for the program. Candidates without any prior Work Experience or with less than 5 Years of Work Experience are eligible to apply. A valid score of 85 Percentile is required in CAT / GMAT for admission.
- Admission Process: SP Jain has a unique Admission Process for its Students. The Institute shortlists its candidates based on their Profile Evaluation. Candidates are sorted into 2 groups: Profile-based and Profile-cum-Score-based.
SP Jain Cutoff
- SP Jain CAT Cutoff is 85 Percentile Overall and 75 Percentile Sectional.
- SP Jain GMAT Cutoff is 85 Percentile Overall.
The detailed cutoff is mentioned in the table below:
| CAT 2023 | Percentile |
|---|---|
| Overall | 85 |
| Verbal Ability and Reading Comprehension | 75 |
| Data Interpretation and Logical Reasoning | 75 |
| Quantitative Ability | 75 |
| Entrance Test | Sectional | Overall | ||
|---|---|---|---|---|
| GMAT (Jan 01, 2021 to Dec 31, 2023) | Verbal | Quantitative | – | 85 |
| 75 | 75 | – | ||
| GMAT Focus Edition (Nov – Dec 2023) | Verbal | Quantitative | Data Insights | 85 |
| 75 | 75 | 75 | ||
SP Jain Courses & Fees
- SP Jain offers a 2 Year PGDM and a PGDM BM Program.
- Additionally, SP Jain also offers Part-time PGPM, PGMPW, GMP, PGEMP, PGPGM and various other programs.
- SP Jain also offers a PGPFMB program, along with PGDM Online and a Doctoral Program.
Here are some highlights of the Courses offered by SP Jain:
| Course Name | Admission Criteria | Total Fees |
|---|---|---|
| PGDM & PGDM BM | Eligibility: Bachelor’s Degree with 50% Marks or Students in their Final Year of Graduation Selection Criteria: CAT / GMAT Scores + Academic Record + Work Experience + Profile (Versatility and Achievements) + Interview Duration: 2 Years Batch Size: PGDM – 276; PGDM BM – 120 | INR 24,00,000 |
| PGPM | Eligibility: Bachelor’s Degree with 3 Years of Work Experience Selection Criteria: CAT / GMAT Scores + Academic Record + Work Experience + Profile (Versatility and Achievements) + Interview Duration: 18 Months | INR 23,50,000 |
| GMP | Eligibility: Bachelor’s Degree with 55% Marks Selection Criteria: CAT / GRE / GMAT / XAT / NMAT Scores + Academic Record + Work Experience + Profile + Interview + Letter of Recommendation + Statement of Purpose + Video Essays Duration: 12 – 24 Months | INR 20,00,000 – INR 60,00,000 |
| PGMPW | Eligibility: Bachelor’s Degree with 2 Years of Current Break and 3 Years of Work Experience Selection Criteria: CAT / GMAT Scores + Academic Record + Work Experience + Profile + Interview Duration: 11 Months | INR 23,50,000 |
| PGPFMB | Eligibility: Undergraduate with Member of Family Managed Business and Interested in Carrying on Family Business with Senior Generation Mentor from the Family Selection Criteria: Online Aptitude Test + Interview + Assessment Duration: 18 Months | INR 17,05,000 |
| PGDM (Online) | Eligibility: Bachelor’s Degree with 50% Marks Selection Criteria: Profile + Interview | INR 10,00,000 |
| PGEMP | Eligibility: Bachelor’s Degree with 50% Marks with 5 Years of Work Experience or Diploma Holders with 10 Years of Work Experience Selection Criteria: Executive Assessment / Test of Reasoning + Group Discussion + Personal Interview Duration: 21 Months | INR 9,50,000 |
| PGPGM | Eligibility: Bachelor’s Degree with 50% Marks with 4 Years of Work Experience Selection Criteria: CAT / MAT / GMAT / ATMA / CMAT / XAT Scores + Academic Record + Case Analysis + Work Experience + Interview Duration: 2 Years | INR 9,50,000 |
| PGPDM | Eligibility: Bachelor’s Degree with 2 Years of Work Experience Selection Criteria: Profile + Personal Interview Duration: 12 Months Batch Size: 41 | INR 1,50,000 – INR 3,00,000 |
| PGP MBM | Eligibility: Bachelor’s Degree with 50% Marks Selection Criteria: Test of Reasoning + Personal Interview Duration: 13 Months | INR 4,69,500 |
| FPM | Eligibility: Master’s Degree or Integrated First Class Master’s Degree or CA, ICWA or CS with 60% Marks Selection Criteria: RAT Scores + Research Proposal + Academic Record + Work Experience + Profile + Personal Interview Duration: 4 Years | Stipend: INR 40,000 – 45,000 per month |
SP Jain Placement 2024
- SP Jain Average Package was recorded at INR 33 LPA
- 110 PPOs were offered to the Students
- 34% of offers were equal to or greater than INR 35 LPA
- 71% of offers were equal to or greater than INR 30 LPA
- 90% of offers were equal to or greater than INR 25 LPA
The table below shows the Placement Statistics of SP Jain:
| Particulars | Placement Statistics 2024 |
|---|---|
| Number of Students | 292 |
| Number of Recruiters | 72 |
| Number of New Recruiters | 33 |
| Number of PPOs | 138 |
| Highest Package | INR 81 LPA |
| Average Package | INR 33 LPA |
| Median Package | INR 31.50 LPA |
| Top Recruiters | Accenture Strategy, BCG, Colgate Palmolive, HUL, P&G |
SP Jain Autumn Internship Report 2024
- SP Jain Autumn Internship Report has been released for batch 2024
- The average stipend was recorded at INR 3.15 Lakhs with the highest stipend being INR 4.40 Lakhs
- The batch of 2024 received 340 offers from 53 Top Recruiters
Given below are the highlights of SP Jain autumn internship report:
| Particulars | Internship Statistics 2024 |
|---|---|
| Number of Recruiters | 53 |
| Number of First-time Recruiters | 28% |
| Number of Offers | 340 |
| Number of Students | 295 |
| Highest Stipend | INR 4.40 Lakhs |
| Average Stipend | INR 3.15 Lakhs |
| Median Stipend | INR 3 Lakhs |
| Top 20% Average Stipend | INR 4.25 Lakhs |
| Top 50% Average Stipend | INR 3.77 Lakhs |
| Top Sector | FMCG |
| Top Recruiters | DarwinBox, Investcorp, PhonePe, Amagi Labs |
SP Jain ROI – An Analysis
- SP Jain saw an increase in fees from INR 20.42 Lakhs to INR 24 Lakhs.
- Despite a consistent average package of around INR 33 LPA, the RoI decreased from 161.5% to 137.5%.
| ROI Calculation | |
|---|---|
| Total Fees (2024-26) | INR 24,00,000 |
| Average Placement (2022-24) | INR 33 LPA |
| ROI | 137.5% |
ROI Analysis of SP Jain Compared to Other Top Management B-Schools Over the Years is as follows:
| Institute Name | Total Fees | Average Package | ROI |
|---|---|---|---|
| SP Jain | INR 24,00,000 | INR 33 LPA | 137.5% |
| XLRI | INR 28,60,000 | INR 29.89 LPA | 104.5% |
| IIM Lucknow | INR 20,75,000 | INR 30 LPA | 144.6% |
| IIM Indore | INR 21,17,158 | INR 25.68 LPA | 121.3% |
| JBIMS (2023) | INR 6,10,000 | INR 28.02 LPA | 459% |
- XLRI charges the highest fees among the Top Institutions of INR 28.60 Lakhs while JBIMS has the lowest fees of INR 6.10 Lakhs
- IIM Lucknow has a lower fee of INR 20.75 Lakhs, offering a higher average package of INR 30 LPA and a remarkable RoI of 144.6%
Life at SPJIMR
Campus: SP Jain Campus is spread across 45 Acres in Mumbai. The green campus is well equipped with State-of-the-art Classrooms, Library, Hostel, Cafeterias, a Jogging Trail and Wireless Connectivity.
Hostel: SP Jain has separate Hostels for Boys & Girls. The hostel rooms are allocated on a Double or Triple Sharing basis. All the Hostel Rooms are Air conditioned and offer a Lake view from Balcony. Additionally, there is a Common Room well equipped with all the amenities.
A Typical Day at SP Jain: A Typical Day at SP Jain starts with Early Morning Lectures that can extend until 7-8 PM, but usually get over by 5-6 PM. Post lectures, evenings are dedicated to Assignments, Presentations, Pre-reads for Next Day Lectures etc.
