SP Jain BBA Fees
Saurav Anand
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September 9, 2022
SP Jain Institute of Management and Research
Private management college SPJIMR Mumbai has received rankings of 21st by NIRF 2022 and #151-200 by QS World University Ranking 2022. Bharatiya Vidhya Bhawan's SP Jain Institute of Management is accredited by the NBA, UGC, and AACSB (Association of Advance Collegiate Schools of Business). The college provides PGDM, PGPM, GMP (Global Management Program), PGMPW (Post Graduate Management Program for Women), and FPM programs as full-time residential courses. The institution provides 2 programs in entrepreneurship, 2 global programs, 1 executive program, and 3 social sector programs in addition to 5 courses on family business management. PGEMP and PGPGM, two executive management programs offered by SPJIMR, are available at the Mumbai and Delhi campuses, respectively.
The PGDM program at SP Jain Mumbai features a distinctive application process where the initial MBA shortlist is announced based on academic performance and entrance exam performance (CAT/GMAT). In order to choose students with slightly lower CAT/GMAT scores, the college places more focus on applicants' academic profiles. For the year 2022, SPJIMR has removed XAT from its admission requirements.
SPJIMR High Points
SPJIMR received accreditation from the esteemed AACSB in 2018. The college also received AACSB and AMBA awards.
According to the Financial Times Masters in Management (MIM) 2021 Rankings, India is ranked second, and the world is ranked 39. In 2022, NIRF ranked the college #21 in the Management Category.
Fees & Intake
SP Jain's PGDM fees are 19 Lakhs, which are reasonable in terms of ROI when compared to the median placement of 25 Lakhs. The SP Jain Mumbai PDGM seat intake is 276.
Significant changes to MBA admissions for the year 2022
SPJIMR has eliminated the XAT from the selection process and will only accept the CAT 2021 and GMAT (Jan 2019- Dec 31, 2021). minimal CAT and GMAT Cut-off for MBA 2022 is 85 percentile.
Student Exchange Program
The college collaborates with the International Business School at Brandeis University, the School of Business at EBS Universität, the IESEG School of Management, and Nyenrode Business University to offer the Global Management Program. Top international B-Schools like the Carnegie Mellon University (Tepper School of Business), Cornell University (Johnson School of Management), Michigan State University (Eli Broad College of Business), and schools in Europe and Asia have worked with SPJIMR. The list of schools is subject to change annually.
Placements
For its PGDM and PGPM 2021–22 classes, SPJIMR has completed the 2022 placement drive. The average compensation package for PGDM students was INR 32.06 LPA and for PGPM students it was INR 23.6 LPA. The biggest compensation package was INR 53.16 LPA.
The Global Fast Track (GFT) Program enables PGDM students to visit top-ranked B-Schools throughout the world to learn more about their areas of expertise. The three-week course gives the students time to participate in their internship.
Courses at the SPJIMR
In the fields of management, data science, and economics, SPJSGM offers undergraduate and graduate degrees. The information for the same is tabulated below:
| Course | Eligibility |
|---|---|
| BBA | CBSE, ISC with a score of 60% or the HSC Year 12 exam from the Indian State Board with a score of 70% + Obtained a valid score in SPJET/ SAT/ ACT |
| BBC | CBSE, ISC with a score of 60% or the HSC Year 12 exam from the Indian State Board with a score of 70% + Obtained a valid score in SPJET/ SAT/ ACT |
| BE | CBSE, ISC with a score of 60% or the HSC Year 12 exam from the Indian State Board with a score of 70% + Obtained a valid score in SPJET/ SAT/ ACT |
| BDS | CBSE, ISC with a score of 60% or the HSC Year 12 exam from the Indian State Board with a score of 70% + Obtained a valid score in SPJET/ SAT/ ACT |
| MGB | Graduation from a recognized board + Obtained a valid score in GMAT/ GRE/ CAT/ SPJAT |
| Global MBA | Graduation from a recognized board with 3+ years of work experience + Obtained a valid score in GMAT/ GRE/ CAT/ SPJAT |
| Executive MBA | Graduation from a recognized board + Obtained a valid score in GMAT/ GRE/ CAT/ SPJAT |
| MGluxM | Graduation from a recognized board |
| MAIB | Graduation from a recognized board |
| Professional Certification | Graduation from a recognized board |
| Ph.D. (DBA) | Post Graduation from a recognized board 5+ years of work experience |
SPJIMR Admission Dates
| Event | Date |
|---|---|
| CAT 2022 Exam Date (Tentative) | Nov 27, 2022 |
| CAT 2022 Registration Window (Tentative) | Aug 3, 2022 - Sep 23, 2022 |
| Last Date to Apply for Admission (PGP GM) | Jun 30, 2022 |
| Last Date to Apply for Admission (PGPM) | Aug 15, 2022 |
SPJIMR Ranking
| Event | Date |
|---|---|
| CAT 2022 Exam Date (Tentative) | Nov 27, 2022 |
| CAT 2022 Registration Window (Tentative) | Aug 3, 2022 - Sep 23, 2022 |
| Last Date to Apply for Admission (PGP GM) | Jun 30, 2022 |
| Last Date to Apply for Admission (PGPM) | Aug 15, 2022 |
SPJIMR CAT Cut-off 2023
| Course | Category | Overall Percentile |
|---|---|---|
| PGDM | General | 85 |
| PGPM | General | 85 |
| PGPDM | General | 85 |
| GMP | General | 80 |
85 percentile on the CAT or GMAT is the SPJIMR Cut Off to be eligible for the MBA admissions process. 75 percentile is the sectional Cut-off for the same. In contrast to past years, the MBA (PGPDM) admissions process does not use XAT scores. Candidates must achieve a minimum score in any one entrance exam in order to be considered for GMP admission at SPJIMR. The required GMAT score for GMP is 550, the required GRE score is 300, and the required CAT/XAT percentile is 80.
2022 SPJIMR Placements
The recent completion of the SPJIMR 2021–22 placement drive. Reputable recruiters visited the university, including Accenture, Bain, Cognizant, KPMG, and LTI. From INR 46.65 LPA in 2021 to INR 53.16 LPA in 2022, the maximum wage package increased. The following table summarises the key placement outcomes by course for the SPJIMR Placements 2022:
| Particulars | PGDM | PGPM |
|---|---|---|
| Number of recruiters | 70 | 75 |
| First-time recruiters | 33 | - |
| Number of PPO | 123 | - |
| Number of students | 238 | 130 |
| Highest salary | INR 53.16 LPA | - |
| Average Salary | INR 32.06 LPA | INR 23.06 LPA |
| Median salary | INR 30.10 LPA | - |
| Average salary of top 25% | - | INR 31 LPA |
| Average salary of top 50% | - | INR 28.7 LPA |
| Top recruiting sectors | Consulting & FMCG | Consulting & Technology |
Autumn Internship Placements at SPJIMR 2023
The recent completion of SPJIMR's autumn 2023 internship placement drive. Participants were 44 recruiters. The consulting sector came in second place, behind the FMCG sector. The monthly average compensation was INR 2.95 lakhs. The average monthly stipend was INR 3 Lakhs. The following highlights are listed:
- There are 44 recruiters.
- 273 people participated.
- There were 312 offers.
- Monthly Stipend: INR 2.95 Lakh on average
- Top 20% Monthly Salary: 3.66 lakh Indian Rupees
- Top 50% Average Salary: 3.34 lakh Indian Rupees per month
- The median monthly salary is INR 3 lakhs.
- Leading Sector: FMCG
- Job Positions: Consulting, Corporate IT, General Management, etc.
SPJIMR Scholarship
By offering them scholarship possibilities, the institute is committed to supporting deserving students to succeed in their chosen career choices. The scholarship is available for tuition costs, and students who meet the following requirements may apply:
During Undergraduate Studies
Merit Scholarship: This scholarship is based on the candidate’s academic performance, followed by a personal interview. Outstanding accomplishments in extracurricular activities, volunteer work, or athletics are also considered when determining eligibility for prizes.
Scholarship for Diversity: Applicants from underrepresented nations or areas are eligible for this scholarship.
Dean's List Scholarship: Students who have signed up for the program have the chance to do well and work toward receiving scholarships through the Dean's List. Students will receive a 10% Dean's List Scholarship for the following academic year if they are on the Dean's List for both semesters of the same academic year.
After Graduate School
- Minimum 75% in grades in classes 10, 12, and all years of graduation required for merit scholarship Category A.
- High aptitude test scores and interview performance for merit scholarship category B.
SPJIMR Fees and Eligibility
| COURSE | FEES | ELIGIBILITY |
|---|---|---|
| Certification | ₹2.75 Lakhs (Total Fees) | Graduation |
| BBC | ₹13.57 Lakhs (1st Year Fees) | 10+2 |
| BE | ₹13.57 Lakhs (1st Year Fees) | 10+2 |
| BDS | ₹13.57 Lakhs (1st Year Fees) | 10+2 |
| BBA | ₹14.16 Lakhs (1st Year Fees) | 10+2 |
| GMBA | ₹26.23 Lakhs (Total Fees) | Graduation |
| EMBA | ₹13.46 Lakhs (Total Fees) | Graduation |
Frequently Asked Questions:
Q1. What is the SP Jain Aptitude Test (SPJAT)?
Ans. The aptitude test is an online test conducted by S. P. Jain and is intended to test a student's IQ, mathematical ability, logic and reasoning capacity, and English reading and comprehension ability. The paper is divided into different sections based on these areas. The test is for a duration of 50 mins. The test consists of up to 34 questions. The format of the test may change from time to time, but the testing would be on the mentioned parameters. The institute does not have sectional cut-offs.
Q2. What student clubs are there at SPJIMR?
Ans. SP Jain Institute of Management & Research students clubs are a source of the interaction of students with professionals and alumni as per area of interest. The student clubs operating at the institutes are:
- Business Consulting Club
- Speak Up Club
- Business Technology Club
- SPin (Dance Club)
- Tasveer-The creatives club
- Jalsa – Diversity & Inclusion Club
- B-Major (Music Club)
Q3. What are SPJIMR Centres of Excellence?
Ans. SP Jain Institute of Management & Research has 5 Centres of Excellence managing innovation and initiative programs. The centers are as follows:
- Centre for Entrepreneurship Development (CED)
- Centre for Project Management
- Centre for Development of Corporate Citizenship (CDOCC)
- Centre for Education in Social Sector (CEdSS)
- Centre for Family Managed Businesses (CFMB)
Q4. Who are the top recruiters at SPJIMR?
Ans. The top recruiters of SP Jain Institute of Management & Research are Avalon Consulting, Accenture Strategy, Bain & Company, Deloitte, Boston Consulting Group, GEP, Ernst & Young, IBM, KPMG, and PwC.
Q5. What are the contact details of SPJIMR?
Ans. Interested Candidates can contact SP Jain Institute of Management & Research, Mumbai through details given below:
- Address: SP Jain Institute of Management & Research Bhavan's Campus Munshi Nagar | Dadabhai Road,
Andheri West | Mumbai - 400 058, India - Reception Call: +91 22 61454200
- Email: reception@spjimr.org
- Telephone:+91-22-2623-0396/ 2401
+91-22-2623-7454
Q6. Which is better: NMIMS or SPJIMR?
Ans. Students at NMIMS have to spend 6-8 weeks on a summer project of 100 marks between the 1st and the 2nd year while pursuing a full-time MBA. SP Jain Institute of Management & Research is the only B-school that has autumn internships as compared to summer internships. The students opt for internships after they choose their specialization.
Q7. What is a good profile for SPJIMR?
Ans. A good extra-curricular profile can have a major achievement in one particular area - state/national level sports, concert-level musician/dancer, or any other achievement that clearly puts you in the top percentiles in that area and one more interest which can be minor.
Q8. Does SPJIMR have a hostel?
Ans. Hostel facilities are provided to all students of SP Jain Institute of Management & Research. There are 2-sharing and 3-sharing rooms, and the rooms are spacious. All rooms are equipped with air-conditioners. A swimming pool and other facilities like tennis, etc., can be availed from the nearby Andheri Sports Complex at discounted rates for SPJIMR students.
Q9. Why is SPJIMR worth opting for?
Ans. SP Jain Institute of Management & Research is worth opting for because the programs are designed on the basis of a global curriculum and emphasis on application-oriented learning and contextual customization has enabled both participants and companies to reap rich dividends. For instance, PGEMP has been designed on the lines of the Advanced Management Programme of Harvard, but for middle-level managers. Apart from them, there are several clubs and committees at the college to focus on the overall growth of the individual.
Q10. Is it tough to crack interviews at SPJIMR for PGDM?
Ans. There are group interviews that happen at 2 stages in SP Jain Institute of Management & Research for PGDM. The entire process is well organized. After qualifying round 1, you are called for round 2. During the interview, several other candidates are there with you. Just make sure that you are confident, respectful, polite, have the presence of mind, and just be yourself. If you follow this, It's not tough to crack it.
Q11. How can I apply for a scholarship?
Ans. There is no formal application for scholarships, students are expected to send in a request in order to apply for a scholarship. The sooner the application is made, the greater the chance of receiving a scholarship. To apply for a scholarship, simply tick the scholarship box on the online application form and comment in your essay about why you think you warrant financial assistance.
Q12. Does SP Jain have a BBA course?
Ans. SP Jain's Bachelor of Business Administration (BBA) is a 4-year full-time undergraduate program designed to craft graduates with well-developed business insights, critical thinking, and decision-making skills.
Q13. Is SP Jain Global BBA worth it?
Ans. Placements: SP Jain is very good for placements because it gets you connected to the companies of three cities or three countries, you can say Dubai, Singapore, Sydney, and Mumbai. The placements are also based on students' summer internships, which are highly recommended to a student to do.
Q14. Is Jain University good for BBA?
Ans. With an innovative course curriculum, experienced faculties, and decent placements, BBA is one of the best programs at Jain University.
Q15. How do I get into SP Jain?
Ans. SP Jain requires candidates to take one of the following aptitude tests: GMAT, GRE, CAT (Common Admission Test – offered in India) or SPJAT (SP Jain Aptitude Test), and obtain the minimum expected test score as specified in the Postgraduate Admission and Selection Policy to be considered for admissions.