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SP Jain MBA Fees (SPJIMR): How much does an MBA from SP Jain cost?

08 October, 2024
Radhika Joshi

Summary: SP Jain is one of India’s top BSchools, consistently ranking amongst the top 25 according to NIRF. WHile many might consider the SP Jain MBA fees to be on the higher side, it offers great RoI by placing its students in top roles at top companies. In this blog, we’ll take you through the SP Jain MBA fees structure and the application process comprehensively.

SP Jain MBA Fees

SPJIMR has been recognized as the #1 B-school in India by the Financial Times Masters in Management (FT MiM) 2024 Ranking. Globally, SPJIMR secured the 35th position for its two-year full-time Post Graduate Diploma in Management (PGDM). The institute achieved an impressive seventh-place global ranking in the ‘Careers Service’ category, showcasing its excellence in supporting student placements and providing exceptional career opportunities for graduates. Hence, it is no surprise that the SP Jain MBA fees are on the higher end.

 

Why Choose SPJIMR For an MBA?

 

SPJIMR consistently ranks in the top 25 of Indian B-school rankings and is establishing a global reputation as a school dedicated to fostering responsible innovation that benefits society.

SPJIMR is known across the student community for its teaching excellence and across the industry for the quality of its graduates.

Every student enrolled in SPJIMR’s full-time programs has the opportunity to participate in a longer but optional international exchange program, during which they travel and study at leading institutions globally.

Moreover, many students opt for an international exchange program with partner universities in the USA, Europe, and Asia. This experience ensures that SPJIMR graduates are equipped with the global understanding necessary for today’s management roles.

Don’t let the SP Jain MBA fees be a barrier to get into such a great program.

 

Read More: CAT Exam 2024: Date, Registration, Eligibility, Pattern, Syllabus, Preparation Tips, Cut Off

SP Jain MBA Fees

The SP Jain MBA fees for the 25-27 batch have been stipulated as ₹24 Lakh. Do keep in mind that this value is subject to change. We’ll make updates here as and when the college changes its fees.

Check out the SP Jain MBA fees fo the full course in the table below:

 

Course Tuition Fees
PGDM  Rs. 24 Lakh
PGDM (BM) Rs. 24 Lakh

 

SP Jain MBA Fees: Admission Process

Understanding the SP Jain MBA admission process is crucial for prospective students interested in pursuing their MBA/PGDM at SP Jain. A summary of the admissions procedure is provided below:

For the PGDM program, you must complete the application form on the online admissions portal by November 22, 2024, as the process started on September 15, 2024.

According to a circular from AICTE, Kashmiri Migrants or Kashmiri Pandits/Kashmiri Hindu Families (Non-Migrants) residing in the Kashmir Valley are eligible to apply for the program. They should directly email the necessary documents (like a domicile certificate and/or other relevant documents) to the admissions email address.

Regarding the application fees, if you are applying for each program separately, the fee for the PGDM application is INR 2000, and the fee for the PGDM (BM) application is also INR 2000.

If you decide to apply for both the PGDM and PGDM (BM) programs at the same time, the combined application fee is INR 3000. You can pay the fees through wire transfer, net banking, or by using a Debit/Credit Card.

 

SP Jain MBA Fees: PGDM Objective

 

The PGDM program at SPJIMR aims to develop leaders with a global mindset and social awareness. 

The program focuses on equipping students with both knowledge and interpersonal skills for managerial decision-making, promoting a culture of readiness to take on practical tasks.

And providing opportunities for innovative learning experiences, balancing theoretical learning with practical relevance and ensuring that students gain real-world experience in their field before graduation.

Competency goals:

  1. Leaders who are aware of and responsive to social issues
  2. Skilled in handling business on a global scale, knowledgeable in various business domains as well as in interdisciplinary areas.
  3. Capable of making well-thought-out decisions and excelling in creative leadership strategies.

 

Read More: S. P. Jain Institute of Management and Research (SPJIMR) Placement

SP Jain MBA Fees: Programs offered

Post Graduate Diploma in Management (PGDM) 

 

The Post Graduate Diploma in Management (PGDM) offered by SPJIMR is a comprehensive two-year, full-time program that has received accreditation from AICTE, NBA, and AMBA in the UK. 

SPJIMR stands at the forefront, securing the #1 position in India and the 40th position worldwide for its PGDM program. 

Additionally, its career services have been highly acclaimed, ranking among the top two in India and the eighth globally, as per the Financial Times Masters in Management rankings. 

The PGDM program at SPJIMR consistently features among the top 10 management programs across India.

 

Post Graduate Diploma in Management (Business Management) 

 

The Post Graduate Diploma in Management (Business Management), or PGDM (BM), offered by SPJIMR, is a two-year, full-time, on-campus course emphasizing General Management. 

This program, recognized by AICTE, mirrors the structure and quality of SPJIMR’s renowned PGDM curriculum and is exclusive to a select group of only 120 students.

 

The SP Jain MBA fees for both the programs is same.

SP Jain MBA Fees: Eligibility

Common Eligibility

 

Components Percentile
Minimum Graduation  50 % (Percentage)
VARC 75 %
DILR 75 %
QA 75 %
Overall 85 %

 

PGDM Placement

Final placements 2024 highlights

 

There were 240 participants involved. These individuals had the opportunity to be exposed to 72 participating companies, showcasing a wide spectrum of the industry. Impressively, 110 pre-placement offers were extended to participants, indicating a high level of interest and confidence from employers. 

While the average salary among these offers was 33 Lakhs Per Annum (LPA), the median salary stood at 31.50 Lakhs Per Annum (LPA). This figure suggests that over half of the participants received offers of this amount or more, highlighting the quality and value of the batch. The highest salary offered was around 81 LPA. It’s clear that top performers were highly rewarded for their efforts and skills.

As you can see, the high SP Jain MBA fees are clearly offset by the great placement numbers, enabling students to grow rapidly in their careers.

Read More: Top MBA Colleges in India

 

SP Jain MBA Fees: First Call & Final Selection Criteria

 

The admissions process at SPJIMR is distinctive because it emphasizes a profile-based evaluation system. This approach allows the institute to consider a broad spectrum of applicant characteristics beyond just academic scores or test results. 

 

 

However, it’s important to note that SPJIMR does not disclose the specific weightages assigned to the various components of an applicant’s profile.

 

This policy underlines the institution’s commitment to a holistic review process. It ensures that each candidate is evaluated on a wide range of factors, making the selection criteria both comprehensive and tailored to identify individuals who are a good fit for the program and the institute’s values.

 

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