SP Jain MBA Fees 2025: Total Cost, Scholarships, ROI & Comparison with Top B-Schools
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  • SP Jain MBA Fees 2025: Total Cost, Scholarships, ROI & Comparison with Top B-Schools

SP Jain MBA Fees 2025: Total Cost, Scholarships, ROI & Comparison with Top B-Schools

Himanshu ShekharUpdated on 07 Mar 2025, 10:55 AM IST

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.

This Story also Contains

  1. SP Jain Fees for PGDM - Overview
  2. SP Jain MBA Fees - Additional Expense
  3. SP Jain MBA Fees - Merit-based scholarship
  4. Return on Investment (ROI) of SP Jain
SP Jain MBA Fees 2025: Total Cost, Scholarships, ROI & Comparison with Top B-Schools
SP Jain MBA Fees 2025

SP Jain Fees for PGDM - Overview

  • 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.

SP Jain MBA Fees - Additional Expense

Apart from tuition and hostel fees, candidates are required to consider additional expenses as well. Here we have listed a few of them.

  1. 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.

  2. 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.

  3. 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.

  4. Alumni Fees - Every candidate is to pay one-time only.

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SP Jain MBA Scholarships & Financial Aid

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.

SP Jain MBA Fees - Merit-based scholarship

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.

What is the Average Salary After SP Jain MBA?

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.

? SP Jain MBA Placement Highlights 2025

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

Return on Investment (ROI) of SP Jain

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.

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For more details on SP Jain placements, visit SP Jain Placement Report.

Comparison: SP Jain MBA Fees vs Other Top B-Schools

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)

Q: Does SP Jain offer any financial aid options for MBA students?
A:

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.

Q: Can the MBA fees be paid in installments?
A:

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.

Q: Are there any scholarships available for the MBA program at SP Jain?
A:

 Yes, SP Jain offers various scholarships to students based on merit and financial need. Scholarships can range from partial to full fee waivers.

Q: What is the total fee for the MBA program at SP Jain?
A:

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).

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Questions related to SPJIMR Mumbai

On Question asked by student community

Have a question related to SPJIMR Mumbai ?

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.

Hello,

Bachelors in Data Science in SP Jain College is a great choice. It is  a specialized program that focuses on data analysis, machine learning, and programming. The curriculum is designed to provide you with the necessary skills and knowledge to excel in the field of data science. You will definitely learn about data visualization, statistical analysis, and big data technologies. It is a promising field with plenty of opportunities. If you are interested, you can visit the SP Jain College website for more details on the program and admission requirements.

Hope this helps you,

Thank you

https://www.careers360.com/colleges/spjimr-mumbai