K J Somaiya Institute of Management MBA Admissions 2026
Highest Package 27.25 LPA | Top 100 Average package 16.65 LPA | AACSB Accredited | Ranked 52 by QS International
SP Jain MBA Fees 2025 - SP Jain Institute of Management and Research (SPJIMR) in Mumbai offers a two-year, full-time Post Graduate Diploma in Management (PGDM) program. The total fee for the SP Jain MBA program is Rs 22.5 lakh for the entire course. The SPJIMR PGDM cost includes tuition and hostel accommodation. However, students should budget for additional expenses such as visa charges, lodging, and travel. The overall SP Jain MBA fee structure varies depending on electives and global immersion programs.
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The above provided SP Jain MBA fees in indicative and may change
The Global Fast Track (GFT) is an optional component of the PGDM and PGDM (BM) program. Also note that the SP Jain PGDM cost does not include the expenses associated with the GFT program.
Apart from tuition and hostel fees, candidates are required to consider additional expenses as well. Here we have listed a few of them.
Program-related Expense - These include books, course material, case studies, and software tools, which can add up to Rs 50,000 to Rs 1,00,000.
International Immersion Program (IIP) - SP Jain offers an International Immersion Program, which is a part of its curriculum. SP Jain MBA fees for this program can vary, but the approximate fees range between Rs 3,00,000 to Rs 5,00,000, depending on the destination and the nature of the program.
Other Personal Expenses - Such as food, travel, healthcare, and extra-curricular activities, can also vary from person to person. These are not included in the SP Jain MBA fees structure, so students are required to budget accordingly.
Alumni Fees - Every candidate is to pay one-time only.
Highest Package 27.25 LPA | Top 100 Average package 16.65 LPA | AACSB Accredited | Ranked 52 by QS International
Offers full-time PGP in International Master in business (IMB) Equivalent to MBA under following specializations Marketing, HR, Operations, and many more
SP Jain provides various scholarships and financial aid options:
Merit-Based Scholarships - Available for second-year students based on first-year performance.
Need-Based Financial Aid - Offered after evaluating a candidate’s financial background.
NGO Concession - Candidates from the same NGO get a ₹10,000 discount per person.
The merit-based SP Jain MBA scholarship will apply to second-year participants depending on their performance in the first year of the PGDM course.
The panel of SP Jain MBA admission will evaluate the financial need of the candidates, as well as establish the genuineness of the details provided by them. Based on panel evaluation, candidates are provided partial or full financial assistance.
The average salary for SP Jain PGDM graduates is ₹22-25 LPA, while the highest package can go above ₹40 LPA, depending on the job sector and profile.
Placement Metric | Details |
Average Salary | ₹22-25 LPA |
Highest Salary | ₹40 LPA+ |
Top Recruiters | McKinsey, BCG, Deloitte, Amazon, Google |
Popular Sectors | Consulting, Finance, Marketing, Technology |
SP Jain is known for their strong placement record. The average salary for SP Jain PGDM graduates tends to be around Rs 22-25 lakh per annum. The highest salary offered can go up to Rs 40 lakhs per annum or more, depending on the job sector and profile.
For a fee of Rs 22.5 lakhs, an MBA graduate with an average salary of Rs 22.25 lakhs can recoup the investment within 1 to 1.5 years. That makes SP Jaim a great ROI option as compared to other top MBA colleges.
Graduates from SPJIMR enter high-paying sectors such as Finance, Consulting, Marketing, and Technology. Also, reputed roles such as Manager, Consultant, Product Manager, and Business Analyst can get handsome salaries.
For more details on SP Jain placements, visit SP Jain Placement Report.
Institute Name | Program | Total Fees (INR) |
SP Jain, Mumbai | PGDM | Rs 22,50,000 |
XLRI Jamshedpur | PGDM | Rs 25,80,000 |
MDI Gurgaon | PGPM | Rs 24,16,000 |
IIFT Delhi | MBA-IB | Rs 21,77,000 |
SIBM Pune | MBA | Rs 23,32,000 |
Frequently Asked Questions (FAQs)
SP Jain does provide financial aid options, including education loans through partnered banks. Students may also be eligible for external scholarships or sponsorships depending on their background.
Yes, SP Jain typically allows students to pay the MBA fees in multiple installments. Payment schedules are structured in a way that students can pay fees in phases, such as before the start of each semester.
Yes, SP Jain offers various scholarships to students based on merit and financial need. Scholarships can range from partial to full fee waivers.
The total fee for the MBA program at SP Jain varies depending on the specific course you choose. For example, the fee for the full-time Global MBA program is approximately INR 22-24 lakhs (subject to change).
On Question asked by student community
Hello Aspirant,
SP Jain’s BBA has a reputation for global exposure because students rotate between campuses located in Dubai, Singapore, and Sydney. The campuses are high-quality, and the peer group is diverse -- bringing together students from numerous countries which helps develop a vibrant and competitive crowd. The study abroad experience is generally smooth - Dubai has a cosmopolitan and safe feel, Singapore is similarly safe and very organized, with strict rule and expectations but good for students, while Australia has a more relaxed but multicultural feel. Overall, the program provides a good balance of educational, international exposure, and cultural learning.
Newer IIMs offer the long-term benefit of the IIM brand at competitive fees whereas XLRI, SPJIMR or FMS are stronger choices if one is seeking brand recognition, specialized programs and higher placement prospects
The newer IIMs say IIM Trichy, IIIM Udaipur, IIM Rohtak are gaining recognition but are still building their reputation as compared to the established MBA colleges like XLRI, SPJIMR and FMS.
Newer IIMs carry the IIM tag but lack the legacy and alumni network of XLRI, SPJIMR, and FMS.
Newer IIMs offer good placements but often with lower average salaries than XLRI, SPJIMR, and FMS, which have established recruiter networks and higher salary packages.
FMS offers the best return on investment due to its low fees and strong placements. Newer IIMs have moderate return on investment.
Newer IIMs have modern facilities but are still developing as compared to XLRI and SPJIMR.
Hello there,
If SPJIMR's form submission window is still open, you can try accessing your application and see if the "Edit" option is available. If editing is not allowed, contact SPJIMR's admissions office immediately through email or phone. Explain your situation clearly and request permission to update the information. Some institutions may allow minor corrections or provide guidance for resolving such issues. Acting quickly increases your chances of making the necessary changes.
For more details, you can check out an article by Careers360 whose link is given below:
Link: https://www.careers360.com/colleges/spjimr-mumbai
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
SP Jain Institute of Management and Research offers two-year, full-time PGDM , PGDM-BM, 18 months PGPM and Global Management programme. Admission to the PGDM, PGDM BM and PGPM programmes is made through the CAT and GMAT scores only. SPJIMR does not accept the NMAT scores for admission to these programmes. However, if you want to apply for the Global Management programme, then you can apply for admission through the NMAT scores along with CAT/ XAT / GRE/ GMAT scores.
Hello aspirant,
CAT does not directly send your scores to individual institutes.
After you take the CAT exam, you will receive your scorecard from CAT. This scorecard will contain your overall score, sectional scores, and percentile rank.
You will need to update your CAT score on the individual institute portals yourself. Each institute has its own application process, and you will typically need to upload your CAT scorecard to their portal. This allows them to evaluate your application based on your CAT performance.
Therefore, it is important to be prepared to update your CAT score on multiple institute portals after receiving your scorecard.
I hope this information helps you.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
AACSB, NBA & SAQS Accredited | H-CTC 41.55 LPA | Merit Based Scholarship
Ranked No. 3 Business School in India and no.35 in world by Financial Times MiM 2025 Ranking | Highest CTC: INR 89 LPA
1 Exam accepted by 17 Top Symbiosis Institutes for 29 MBA programmes.
IBSAT 2025-Your gateway to MBA/PGPM @ IBS Hyderabad and 8 other IBS campuses | Scholarships worth 10 CR
NAAC A++ Grade | MBA program graded A** (National) by CRISIL | AACSB, ACBSP and BGA Member