SPJIMR Mumbai Admission 2023: Will Accept CAT & GMAT Score; Check Key USPs, Fee, Placements, Unique Selection Process; Application Closed on Nov 25

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MBAUniverse.com News Desk |
December 3, 2022
SPJIMR Mumbai Admission 2023 application process is closed now for PGDM and PGDM (BM) 2023-25 batch. Highly ranked and AACSB Accredited, SPJIMR is known for its unique selection process and Non-Class room experiential learning experience. SPJIMR will accept only CAT 2022 and GMAT score and the selection process will focus more on candidate’s profile apart from entrance exam score. Last date to submit application for SPJIMR admission was November 25, 2022
SPJIMR Mumbai Admission 2023

Bharatiya Vidya Bhavan's S P Jain Institute of Management and Research (SPJIMR) Mumbai, one of the top B-schools in India, has closed its application process on November 25, 2022, for admission 2023-25 batch of its flagship PGDM programme, and for its newest offering, the Post Graduate Diploma in Management-Business Management (PGDM-BM) programme. SPJIMR is an innovative and socially responsive school of management, ranked among the top B-schools in India.

SPJIMR Mumbai Admission 2023: Read More

SPJIMR has been awarded international accreditation by AACSB and AMBA. The recently released Financial Times Masters in Management (MiM) global rankings placed SPJIMR as the 2nd best business school in India. Both the PGDM and PGDM-BM programmes offered by SPJIMR are approved by the All India Council of Technical Education (AICTE).

In his message to SPJIMR aspirants, Dr Sajeev Abraham George, Chairperson, PGDM programme, said: “Our programmes are known for their highly distinctive and innovative approach to management education in curriculum and pedagogy. While the PGDM and PGDM-BM programmes share a foundational first year curriculum, in the second year, the PGDM programme emphasises functional specialisation while the PGDM-BM programme provides the students with an opportunity to develop general management competencies”. Read this article to know the key SPJIMR USPs, Fees, Placements, and all about its application and selection process, expected cut offs and more.

Table of Contents

  1. SPJIMR Mumbai Key Highlights and USPs
  2. SPJIMR Programs Offered & Key Specializations
  3. SPJIMR Fees: Lower than Top IIMs
  4. SPJIMR Intake
  5. SPJIMR Placements 2022: At par with IIMs
  6. SPJIMR Admission Eligibility Criteria 2023
  7. How to Apply for SPJIMR Mumbai Admission 2023?
  8. Important Dates for SPJIMR Mumbai Admission 2023
  9. SPJIMR Admission Criteria 2023: Unique Approach - Salient Points
  10. SPJIMR Cut Offs 
  11. How to Improve SPJIMR PGDM Admission Chances: Tips from Admission Chair 
  12. SPJIMR Admission 2024 

The PGDM and PGDM-BM at SPJIMR are two-year full-time residential programmes. They are taught by a distinguished faculty pool, build on peer learning among a diverse group of students, and offer extensive industry networking and experiential learning opportunities. In addition to the non-classroom learning initiatives that foster a socially-sensitive innovation mindset, the PGDM and PGDM-BM programmes also offer a Global Fast Track (GFT) for all participants through which they serve an international immersion in their area of specialisation at top-ranked global Business Schools.

SPJIMR admission criteria 2023 is based on CAT 2022 and GMAT scores. The final selection will be based on candidate’s profile and CAT or GMAT scores in the process of SPJIMR Mumbai admission 2023. The unique SPJIMR Mumbai admission process lays more emphasis on a candidate’s profile. Let us know all about SPJIMR, its key USPs, Programs, Fee, Placements, Application and Admission process 

1. SPJIMR Mumbai: Key Highlights & USPs

  • 1.1 Top Ranked B-School: The PGDM program at SPJIMR has consistently been ranked amongst the top B-schools in the country. In the GoI NIRF Ranking 2022 Management SPJIMR is Ranked #21. In MBAUniverse.com B-School Rankings 2022, SPJIMR is ranked # 6 among top 100 B-schools. In the recently released prestigious Financial Times 2022 Global Rankings, SPJIMR has secured World Rank # 44 and India Rank # 2.
  • 1.2 International Accreditation: SPJIMR was accorded the prestigious AACSB Accreditation in 2018. The institute has won 3 global innovation awards from AACSB and AMBA.
  • 1.3 SPJIMR Fees-Lower than Top IIMs & Other B-Schools: SPJIMR Fees for 2 year PGDM program is Rs.20.42 lakhs which is much lower than the fees of IIM Ahmedabad, Bangalore, Calcutta, MDI Gurgaon and other top B-schools
  • 1.4 SPJIMR Placements 2022 at par with top IIMs: SPJIMR Placements 2022 have remained at par with top IIMs. SPJIMR has registered highest package of Rs.53.16 LPA, Average package of Rs.32.05 LPA. On the other hand, IIM Lucknow registered average salary of Rs. 31.03 LPA; IIM Kozhikode registered Average Salary of Rs.29.50 LPA; IIM Indore registered average salary of Rs. 25.01 LPA in placement 2022
  • 1.5 Unique Pedagogic Approach: SPJIMR has a host of pioneering non-classroom activities like Abhyudaya, DOCC (Development of Corporate Citizenship), ADMAP(Assessment and Development of Managerial and Administrative Potential), PG LAB and Science of Spirituality. With its participant centric approach, SPJIMR strives to provide a superior learning experience by encouraging team work and facilitating experiential learning.
  • 1.6 Distinguished Alumni: SPJIMR has a long list of super achievers as its alumni including many women achievers. Mahesh Madhavan, Global CEO of Bacardi, Debjani Ghosh, President of NASSCOM, Olympian and National Badminton Champion Dipankar Bhattacharjee, and Deepak Iyer, President of Mondelez International, India are only some of the SPJIMR distinguished alumni. Read More on SPJIMR Alumni Achievers

2. SPJIMR Programs Offered & Key Specializations
SPJIMR offers wide range of management programmes. Some of the 2 year and 1 year full time management programs offered by SPJIMR Mumbai are:

  • 2 Year Full Time PGDM
  • 2 Year Full Time PGDM (BM)
  • 1½  Year (18 Months) Full Time PGPM

Apart from this SPJIMR offers GMP programme with opportunity to study for 6 months abroad, doctoral programmes and various Post Graduate programmes on Family Business, Entrepreneurship, Executives, Women Working Professionals among others.

2.1 SPJIMR PGDM Specializations: Choose 2 Specializations at Application Stage
While filling the application form, the PGDM aspirants are required to opt for two choices of specialisation from Finance, Information Management, Marketing and Operations at the application stage itself. The applicant will need to state two preferences.

2.2 SPJIMR PGDM (BM) Specializations
SPJIMR PGDM (BM) program focuses on General Management. The PGDM-BM develops all functional areas of management holistically and provides the unique flexibility to choose a preferred mix of courses depending on career goals.

The rational for the selection of specializations at the application stage is that it helps to achieve segmentation at the time of admission based on differentiated need of the recruiting organizations. The Applicants develop a clear and sharp focus early in the program. The spectrum of recruiters as students graduate, is broadened. Students foster better bonding with peers resulting in productive collaborations especially with participants opting for different areas of specialization.  

3. SPJIMR Fees Rs.20.42 Lakhs: Lower Than Top IIMs
SPJIMR Fees for 2 years PGDM programme is Rs. 20.42 lakhs. However, if we compare the SPJIMR fees with any of the top IIMs, it may be observed that the IIM Ahmedabad fees is Rs.23 lakhs; IIM Bangalore Fee is Rs. 24.50 lakhs; IIM Calcutta Fee is Rs.25 Lakhs; IIM Lucknow fee is Rs.20.75 lakhs; IIM Kozhikode fee is Rs.20.50 lakhs and as such, SPJIMR Fees is lower than the fees charged by top IIMs.

SPJIMR Mumbai Admission 2023: Read More

4. SPJIMR Intake
SPJIMR has small batch size to impart best education in its class rooms. Program wise SPJIMR seats including supernumerary seats for the PGDM batch are shared below

2 Year Full Time PGDM
240 +36 Supernumerary seats (Total 276)
Additional 36 Supernumerary seats are for OCI/PIO, children of Indian workers in the Gulf countries and Foreign Nationals
2 Year Full Time PGDM (BM)

NRI applications will be considered at par with the Indian applications.

5. SPJIMR Placements 2022
SPJIMR Mumbai had successfully completed its Final Placements for PGDM Class of 2022. SPJIMR is in same league as Top IIMs. For the consecutive second year, Consulting emerged as the highest recruiting sector with 38% share in placements, indicating that marquee consulting companies like Accenture Strategy, Bain & Co. and Boston Consulting Group, KPMG are putting more faith in SPJIMR graduates. In addition to the regular recruiters, SPJIMR onboarded 75 first-time recruiters from various sectors. 

The entire placement exercise was conducted online using a variety of platforms and protocols to meet the convenience and security needs of companies.

SPJIMR PGDM Placements 2022: Highlights

  • Participants in the Batch: 238
  • Average Salary: 32.05 LPA (23% increase compared to last year)
  • Highest Salary: 53.16 LPA (14% increase compared to last year)
  • Median Salary: 30.10 LPA (20% increase compared to last year)
  • Number of companies participating: 70
  • Total Number of Pre-Placement Offers: 123
  • Number of first-time recruiters: 33    
  • 14% of offers equal to or greater than INR 40 LPA
  • 30% of offers equal to or greater than INR 35 LPA
  • 59% of offers equal to or greater than INR 30 LPA
  • 87% of offers equal to or greater than INR 25 LPA
  • Top Recruiters KPMG, Accenture Strategy, Bain & Co., Boston Consulting Group, Amazon, P&G, Hindustan Unilever, Deloitte Read More

6. SPJIMR Admission Eligibility Criteria 2023
SPJIMR Mumbai looks for diverse qualities, qualification and attributes in a candidate. Sharing the key attributes, SPJIMR Director Central Admissions, Dr Bindu Kulkarni told MBAUniverse.com that,

  1. a strong and consistent academic background,
  2. relevant work experience in the chosen area of specialization,
  3. an ability to be a team player,
  4. have the desire to make a difference. 

Academic as well as work related achievements adds to the profile of the applicant. Versatility in extra- curricular activities makes the profile stronger.” The SPJIMR Admission eligibility criteria with which you can apply for admission 2023 is shared below:

6.1 SPJIMR Eligibility for Academics
While the SPJIMR eligibility criteria need only 50% marks in graduation but your academic profile in SPJIMR admission process plays very important role as SPJIMR will take into account your academic performance from class 10 onwards.

6.1.1 Performance in Class 10 & 12
Performance in 10th grade, 12th grade will be considered in the selection process for PGDM 2023-25 batch. In the 10th Grade and 12th Grade performance, an aggregate of all subjects scores (marks) mentioned on the mark sheet will be considered for arriving at the final percentage.

6.1.2 Graduation Performance
Although the minimum SPJIMR eligibility for admission 2023 is a Bachelor’s Degree with at least 50% marks or equivalent CGPA, the performance in every year of graduation is considered important by SPJIMR in its admission process. 

  • Students in their final year of graduation can also apply
  • Fresh graduates and those with up to five years of work experience can apply

6.2 SPJIMR Eligibility: Acceptable Entrance Exams & Work Ex

  • SPJIMR Mumbai admission will be based on CAT 2022 and GMAT (Taken between Jan 01, 2020 and Dec 31, 2022) exam score. SPJIMR is no longer accepting XAT exam score for the last two years.
  • Work experience is not mandatory for the PGDM and PGDM-BM programmes  

7. How to Apply for SPJIMR Mumbai Admission 2023?
To apply for the SPJIMR PGDM Admission 2023 and PGDM (BM) admission 2023, applicants must fill the form on the SPJIMR online admissions portal. Applicants have the opportunity to apply for admission to both the PGDM programmes through the same form.  

SPJIMR will shortlist you on the basis of your profile even before the result of CAT 2022 is declared, provided you have applied before the last date of submitting admission application to SPJIMR. The fee for SPJIMR admission application is Rs.2000/-

SPJIMR Application Process for Admission 2023: Step by Step Guide
You need to register first and then should complete the application form in following steps:

Step-1: Register
You need to click on the Apply Now link at SPJIMR Admission 2023 website. A registration window will open. Fill up the basic details as required and click on ‘Register.’ You will get a verification mail which you need to verify. On completion of this step, the SPJIMR Application Form will open and you should fill each part of it one by one.

SPJIMR Application Form

Step-2: Application Form Begins
After registration and verification, you will get the following page before you which is duly updated with your action and submission. You need to click on Apply Now on this page to proceed further

SPJIMR Application Form

Step-3: Choose the Program
You need to choose the program that you are applying for. If you are applying for more than one program, enter the names of the programs chosen by you along with specialization opted. SPJIMR asks for your choice of preferred specializations at the application stage. Click on Save and next to proceed further

SPJIMR Application Form

Step-4: Enter your Personal Details & Upload Photograph
On the next page, you need to enter all your personal details like name, date of birth, age, mobile number, address and have to upload the photograph of requisite size. Check and get satisfied after filling up the relevant information. Click on Save & Next to go to next page of SPJIMR Application Form

SPJIMR Application Form

Step-5: Fill in Academic Details
On this page you are required to fill in your academic details from class 10 onwards. You should gather all the relevant documents like Marks sheet, certificates, degrees to complete this page. After completion, click on save and next to proceed further on the next page.

SPJIMR Application Form

Step-6: Academic Achievements
If you have been honoured with academic achievements and awards, you should mention them here. You can enter maximum 3 achievements. This will add to your profile and you may become a preferred candidate for selection at SPJIMR Mumbai since it has a profile based shortlisting criteria.

SPJIMR Application Form

Step-7: Fill in CAT/GMAT Details
Here you have to click on the exam you have taken or are taking. If you have the exam score with you should enter it, if not, you will be allowed to update it after you get the score.

SPJIMR Application Form

Step-8: Fill in Your Family Details
The next page needs you to fill your family details including Father’s and Mother’s details, contact details, family annual income

SPJIMR Application Form

Step-9: State your Specific Distinctiveness, Medical History
This page is very important as here you need to write the things about yourself. Also you need to fill in your medical history

SPJIMR Application Form

Step-10: Upload Documents
While the important details about you have been completed in earlier pages, this page requires you to upload your mark sheets/certificates/degrees from class 10 onwards. Also you need to upload your Work Experience documents, if you have work experience.

SPJIMR Application Form

Step-11: Declaration
You need to declare that all the information that you have filled in the application form is correct. Also you should enter your name. While your application form is complete, you have to proceed to the next page to make payment of the SPJIMR Application fees

SPJIMR Application Form

Step-12: Make Payment
SPJIMR Application fees is Rs.2000/-. You should make payment of the fees online. Your application form will treated as successfully submitted only after you make payment of the application fees online.

SPJIMR Application Form


8. SPJIMR Mumbai Admission 2023: Important Dates
Here are the key dates for Application process for SPJIMR Mumbai Admission 2023.

SPJIMR Mumbai Admission 2023 Activity
Important Date
Application starts
September 30, 2022
Last Date to Apply
November 25, 2022

While applicants may not have their entrance test scores at the time of submitting the application form, SPJIMR will re-open all submitted applications for applicants to add their CAT and GMAT scores after the results are declared for CAT.

SPJIMR Mumbai Admission 2023 Opens: Apply Now

9. SPJIMR Admission Criteria 2023: Unique Approach - Salient Points
SPJIMR Mumbai Admission 2023 Process is designed keeping in mind that best talent should join the institute. SPJIMR’s selection process assesses not only intellectual readiness in terms of academics but also considers emotional readiness, work experience, extra-curricular activities and aptitude that are aligned with the Institute’s mission of influencing managerial practice and promoting values-based growth. SPJIMR Admission process is divided into two parts – Shortlisting and final selection. Here are the key highlights of SPJIMR PGDM Admission 2023 and PGDM-BM admission 2023 process

9.1 SPJIMR Shortlisting Criteria: Dual Process - Profile and Score Based
SPJIMR shortlisting criteria is unique. The applicants will be shortlisted on the basis of their profiles. They are also expected to meet the qualifying scores in at least one of the entrance exams. The profiles are scored and the applicants are sorted into two groups: Profile based and Profile-cum-score based.

9.1.1 Early Interviews for Profile Based Shortlisted Candidates 
Applicants shortlisted based on their profile will be called for an early interview. The shortlist will be based on their Consistency of academic record; Relevance of work experience for the chosen specialization; Versatility and achievements. Early interviews are convenient as it avoids overlapping with other interview calls during the admissions season

9.2 Final Selection for SPJIMR Mumbai Admission is based on multiple factors
Final selection will be based on Performance in PI round and on various factors such as-Academic background, Work experience, Entrance scores, Versatility and achievements among others.

9.2.1 Work Experience: Qualitative Aspects Considered for SPJIMR PGDM Admission
Work experience is not mandatory for the admission in PGDM Programme. The Graduates with no work experience and those with less than five years of work experience can apply. However, for the candidates applying with work experience, relevant work experience after graduation will be considered and given weightage. Internship/training/ project work which was a part of the curriculum will not be considered as work experience. The Proof of work experience such as offer letter, salary slips and the experience letter will have to be provided.

10. SPJIMR Cut Offs
SPJIMR Mumbai gives higher emphasis on other quality parameters in its admission process than merely on entrance exam scores. Accordingly, by choice, SPJIMR cut off for the CAT, GMAT score is not pegged very high. The candidates above the minimum prescribed SPJIMR cut-off in the CAT/GMAT will be considered for all the subsequent stages.

Entrance Exam
Section-1: Cut off (Qualifying Percentile)
Section-2: Cut off (Qualifying Percentile)
Section-3: Cut off (Qualifying Percentile)
Overall SPJIMR Cut off percentile
CAT 2022
VARC - 75
DILR - 75
Quant - 75
GMAT (1 Jan 2020 to 31 Dec 2022)
Verbal- 75
Quantitative- 75

11. How to Improve SPJIMR PGDM Admission Chances: Tips from Director Central Admissions
Responding to MBAUniverse.com query on how candidates can improve their chances of getting into SPJIMR, Dr Bindu Kulkarni Director, Central Admissions at SPJIMR shared following advice:

  • 11.1 An ideal applicant would be someone with intellectual readiness through academics and emotional readiness as key factors.  
  • 11.2 Applicants should ensure that they invest sufficient time in completing and proof reading their application before submitting it.
  • 11.3 The information provided by them should be detailed, accurate and reflect their true self. Taking care to highlight their strengths and putting in efforts to provide us as much detailed information as possible will ensure that all relevant factors are taken into consideration when considering their candidature.
  • 11.4 If Shortlisted for an interview, prepare well for the Specialization chosen.
  • 11.5 Finally, do well in CAT or GMAT across all the sections!

12. SPJIMR Admission 2024
There are many young students who wish to appear in CAT and apply for SPJIMR Mumbai admission this year but since they are in the second year or third year of their bachelor’s degree course and are not eligible this year, but can apply for SPJIMR Mumbai admission 2024 through CAT 2023. For the last 2-3 years, SPJIMR Mumbai admission policy has remained on same lines and it is expected that the SPJIMR admission 2024 process will remain on similar lines as this year. You need to begin your CAT preparation and by the time you become eligible to appear in CAT 2023, you would have completed a large part of your CAT exam preparation which will help you score high in the exam and improve your chances for SPJIMR admission 2024.

Hope you found this article on SPJIMR Mumbai PGDM program quite useful to decide on MBA admission 2023. As the first step for SPJIMR Mumbai admission process, you need to apply for CAT 2022, the application for which is open and you can Read More

Stay tuned to MBAUniverse.com for more updates on SPJIMR Mumbai 

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