After taking the CAT 2013 exams you must be gearing yourself up to know more about India’s top B schools which can act as an option for you to take admission in. Carrying forward its ongoing series of making you aware about leading B schools, MBAUniverse.com comes up with valuable information about one of India’s top B schools, S.P. Jain Institute of Management and Research, Mumbai (SPJIMR) is one of the leading private B schools in the country.
The average annual salary offered to the students of SPJIMR Mumbai was Rs 16.13 lakhs and the highest domestic salary was Rs 24 lakhs. The international recruiters offered an average annual package of 24 lakhs to the students of S.P. Jain Institute of Management and Research, Mumbai.
The growth of SPJIMR is based on the commitment to diversify into socially relevant segments and activities that are not adequately addressed at societal level, and accordingly impart the requisite management education. According to the Dean of, Dr ML Shrikant , ‘’As global boundaries are shrinking, it is critical to deliver greater value, innovate and experiment.
SPJIMR is continually looking to strengthen its position in the management education arena and focus on developing leaders with character, integrity and empathy’’. Two-year, full time, residential Post Graduate Diploma in Management (PGDM) of SPJIMR Mumbai is accredited by The Association of MBAs, (AMBA) London, U.K.
Programmes and Fee Structure
The flagship programme of S.P. Jain Institute of Management and Research, Mumbai is its 2 year full time Post Graduate Diploma in Management (PGDM) having batch strength of 240 students. Besides that the SPJIMR Mumbai also offers 15 months full time, Post Graduate Programme in management (PGPM), 18 months Post Graduate Programme in FMB, 21 months Post Graduate executive Management Programme, and 6-8 months Post Graduate Certificate in International Management (PGCIM).
The tuition fee for SPJIMR Mumbai is Rs. 800,000 which includes tuition fees only. Hostel and other fees of SPJIMR Mumbai counts up to Rs. 350,000.
So, Who Gets into SPJIMR Mumbai
The 2013-15 batch of S.P. Jain Institute of Management and Research is an amalgam of students having different backgrounds with the number of students having backgrounds of engineering dominating the students having other backgrounds. In batch strength of 233 students, 189 students are the ones having engineering backgrounds, one has medical background, 16 have their backgrounds as Commerce/BBA and BBS, 13 are having backgrounds of CA/CS/LLB/ICWA, 6 students are from the science background while 7 students have arts and humanities as their backgrounds.
174 students of the 2013-15 batch of SPJIMR Mumbai have a work experience of 1-3 years, 8 students have a work experience of up to one year and 18 students have more than 3 years of work experience. The number of fresher in SPJIMR Mumbai was 23. The number of female students in the batch was higher than many other institutes with 93 females as compared to 140 males.
SPJIMR Mumbai has a total number of 51 permanent faculties and 98 visiting faculties which include adjunct faculties also. Among the permanent faculties 22 have earned their Ph.Ds from different national and international management institutes of repute. Around 24 of the permanent faculties are having an industry experience of more than 15 years, while 16 of them have a work experience of more than 5 years. The number of permanent faculties at SPJIMR Mumbai having a teaching experience of more than 15 years is 15 while 26 permanent faculties have a teaching experience of more than 5 years.
Taking forward its splendid placement record, SPJIMR got 173 students out of a batch of 175 placed into companies of repute during the placement session 2013. During the session a total of 91 companies visited the SPJIMR Mumbai campus and they made 210 job offers. The average annual salary offered to the students was Rs 16.13 lakhs and the highest domestic salary was Rs 24 lakhs. The international recruiters offered an average annual package of 24 lakhs to the students of SPJIMR.
A number of 39 students were placed under the function of consultancy, 35 were placed under marketing/ sales, 32 were placed under finance, 31 were placed under operations/ supply chain, 26 were placed under systems/ IT while 10 were placed under general management.
Top 10 Recruiters @ SPJIMR Mumbai
Name of Recruiters Number of offers
1. Capgemini 8
2. General electric 8
3. 3M 6
4. Hindustan Unilever Limited 6
5. Cadbury-Kraft 6
6. Google 5
7. TAS 5
8. Airtel 4
9. Asian Paints 4
10. Proctor and Gamble 4
Admissions 2014: Criteria and Process @ SPJIMR Mumbai
To be eligible for SPJIMR Mumbai, an applicant has to have a Bachelor’s degree or equivalent from a recognized university. Students in the final year of graduation can also apply. SPJIMR accepts CAT 2013, XAT 2014 and GMAT score (test taken from January 2011 onwards) as well. A total of 36 seats above the sanctioned intake are available for PIOs/OCIs and foreign nationals. The cut off percentile for the batch of 2013-15 at SPJIMR Mumbai was 92 for CAT 2012, 93 for XAT 2013 and 680 for GMAT.
SPJIMR Mumbai has a long list of highly distinguished alumni which includes Shrinath Bolloju, interim CEO of Deutsche Bank, India, Mihir Shah, CTO, Fidelity Asset Management, Vipin Sharma, Director Jewellery for India, Shital Mehta, CEO Pantaloon Fashion Retail Limited and others.
Stay tuned to MBAUniverse.com for more news and updates on other B schools in Mumbai