SPJIMR PGPM 1 Year MBA Admission 2024: Revamps Eligibility Criteria; Check Key USPs, Fees, Placements, Selection Process; Last Date – Oct 2, 2023

Bhartiya Vidya Bhavan's S.P. Jain Institute of Management & Research (SPJIMR), one of India’s top ranked B-schools with international accreditation offers 18 months Post Graduate Programme in Management (PGPM) to working professionals with a minimum of 3 years of relevant full-time work experience. Sharing about the key highlights of SPJIMR PGPM programme, Prof. Nilendra Singh Pawar Chairperson, PGPM, said, “The programme gives a high degree of flexibility to the participants in designing their learning experiences”

SPJIMR Mumbai 18 Months PGPM- Apply Now

PGPM Eligibility Relaxed
SPJIMR has revamped its eligibility criteria for PGPM admission 2024. Now the applicants with three or more years of work experience can apply to the full-time Post Graduate Programme in Management (PGPM) 2024, unlike earlier, where the minimum experience required was five years.

PGPM Registers High Placements
SPJIMR placements for its 1 year PGPM 2022-23 have registered sharp rise in average salary which has gone up at Rs.25.89 LPA from Rs.23.58 LPA last year.

SPJIMR Follows Rolling Admission Process
A Rolling Admission process from April to October 2023 has been developed keeping in mind preferences of working executives. Application for admission for SPJIMR 1-year PGPM class 2024 is open from April to October 2023. ​

Read the Table of Contents below to know all important SPJIMR PGPM highlights and USPs, eligibility, fees, placements, admission process, important timeline and more. 

Table of Contents: SPJIMR PGPM 
This article will cover information in detail with the latest facts on:

1. SPJIMR Mumbai: Key Strengths & USPs
2. SPJIMR PGPM: Career Accelerator
3. SPJIMR PGPM Programme Overview
4. SPJIMR PGPM Fees & Intake
5. SPJIMR PGPM Placements 2023
6. SPJIMR One Year PGPM: Comparison with ISB, IIMs
7. SPJIMR PGPM International Immersion Programme
8. SPJIMR 1 Year PGPM Batch Profile
9. PGPM Eligibility and minimum work experience
10. SPJIMR PGPM Admission process 2024
11. SPJIMR PGPM Admission 2024: Time Line

1. SPJIMR Mumbai: Key Strengths & USPs
SPJIMR is noted for its unique pedagogic innovations and pioneering programmes, which have helped the institute stand out for its distinctive path in management education. In addition to PGPM, SPJIMR offers highly reputed programmes like the two-year PGDM, Global Management Programme (GMP) and the Fellow Programme in Management (FPM).

1.1 AACSB & AMBA Accredited: SPJIMR joined the league of top global B-schools who are accredited by AACSB International in 2018. SPIMR is also Accredited by The Association of MBAs (AMBA), UK. It is also Accredited by The National Board of Accreditation (NBA). SPJIMR one year PGPM is an AICTE approved programme.

1.2 Highly Ranked: SPJIMR is Highly Ranked by leading International & Indian MBA Rankings

• In the recently released prestigious Financial Times - Masters in Management Rankings 2022, SPJIMR has secured World Rank # 44 and India Rank # 2. IIM Bangalore’s two year MBA is Ranked #1 in India and IIM Lucknow’s MBA is Ranked #3.
• In the MBAUniverse.com B-School Ranking 2023 SPJIMR was ranked #4 among top management institutes in India.
• In the NIRF Ranking 2023 Management SPJIMR is Ranked #20 among top 125 B-schools in India
• SPJIMR is one of the few Indian business schools to make it to the QS Global MBA rankings for the year 2023. This was the sixth consecutive year that SPJIMR was on this elite list. SPJIMR was part of the 151-200 bracket of QS Global MBA Rankings 2023 and was ranked # 29 in Asia
• The institute has won 3 global innovation awards from AACSB and AMBA 

1.3 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.

1.4 International Immersion: SPJIMR PGPM offers International Immersion with top ranked Global Ivy League B-Schools (Cornell University, Michigan State University & University of Texas at Austin) wherein international alumni status is awarded on completion of the immersion.

1.5 Multiple Specializations in PGPM: The program offers specializations in Marketing, Finance, Operation Supply and Chain, Information Management, Business Analytics and General Management Track. The PGPM Chairperson emphasizes, “Participants can choose to specialize in a specific function, including contemporary areas like Business Analytics, or pursue a General Management track. They can also choose to earn concentrations in specific, industry-relevant areas.”

1.6 Strong PGPM Placements with High RoI: PGPM fee is Rs.23.50 lakhs and average salary earned by the PGPM 2022-23 batch is Rs.25.89 LPA. Highest salary is Rs.43.92 LPA

1.7 Innovative Courses in PGPM: SPJIMR PGPM offers innovative courses like DoCC (Development of Corporate Citizenship), Design Thinking (DT), Critical Thinking and Science of Spirituality to the participants.

1.8 Practice Oriented Approach: SPJIMR has adopted a practice-oriented approach that gets Industry leaders into the classroom sessions.

2. SPJIMR PGPM - A Career Accelerator
SPJIMR offers a one-year MBA equivalent programme called the Post Graduate Programme in Management (PGPM) for working professionals. The programme is designed as a ‘Career Accelerator’ for executives with a minimum of three years of work experience. According to the PGPM Chairperson, “A large proportion of SPJIMR faculty members come from the industry and therefore our teaching is rooted in managerial practice. Also, over the years, we have developed strong industry relationships not only for campus recruitments but also for teaching courses in partnership with practicing managers. This makes our classroom sessions highly engaging and topical.”

PGPM is an AICTE approved programme, having a one-year full time, residential component, with online module for 2 months, on-campus residential module for 12 months, followed by 4 months of Industry and International Immersion.  

PGPM participants receive an AICTE-approved Post Graduate Diploma in Management (Business Administration) post-completion of the programme.

On reviewing the academic rigour, batch profile, placements and other parameters, MBAUniverse.com found that SPJIMR’s 1-year PGPM is at par with the 1 Year MBA programmes offered by ISB Hyderabad, IIM Bangalore, IIM Ahmedabad and IIM Calcutta. Hence, SPJIMR’s PGPM is also referred to as 1 Year MBA programme in this article.

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3. SPJIMR PGPM Programme Overview
Key programme highlights of SPJIMR 1 year PGPM programme are as below:

3.1 Programme Architecture

• The programme is targeted at professionals with minimum three years of full-time work experience.
• The programme offers specialization in Marketing, Finance, Operation Supply and Chain, Information Management, Business Analytics and General Management

3.2 Three Phases of SPJIMR 1 Year PGPM
The programme comprises three phases:

• Online module for 2 months
• On-campus residential module for 12 months
• Four months of Industry and International Immersion.

3.3 Semester wise Offerings

• The PGPM semester-1 focuses on Foundation and General Management courses and non-classroom activities.
• The semester-2 will concentrate on the specialization based on your interests. International Immersion is an integral part of semester two. It gives candidates an opportunity to pursue advanced courses in the chosen area of specialization with a top global B-school. Post International Immersion, a participant has the option of choosing credit courses

3.4 International Immersion: Offered at Top Global B-Schools
SPJIMR PGPM students go for International Immersion every year. In the past they had been at the following top US B-schools:

• Marketing: Samuel Curtis Johnson Graduate School of Management, New York, USA
• Information Management: McCombs School of Business, the University of Texas at Austin, USA
• Finance: Samuel Curtis Johnson Graduate School of Management, New York, USA
• Operations & Supply Chain: Eli Broad College of Business Michigan State University, USA

4. SPJIMR PGPM Fees & Intake
Below is shared the SPJIMR PGPM Fees and PGPM Seats for 2024-25 batch

4.1 SPJIMR PGPM Fees 2024: Rs.23.50 Lakhs
Compared to top IIMs, SPJIMR PGPM fee is highly affordable. PGPM Fees at SPJIMR is Rs. 23,50,000. This fee includes on campus accommodation & International Immersion with SC Johnson School of Business (Cornell University), Eli Broad School of Business (Michigan State University), and McCombs School of Business (University of Texas at Austin). 

​4.2 SPJIMR PGPM Seats: 180
The approved intake as per AICTE for SPJIMR Mumbai one year PGPM is 180 seats. However, SPJIMR is highly selective in its intake and keeps its batch size small. Current batch size is of 114 145 students.  

5. SPJIMR PGPM Placements 2023
SPJIMR PGPM has consistently recorded excellent placements. The PGPM 2023 batch is no exception. The batch saw participation from 73 companies, including many new companies.

Key highlights of SPJIMR PGPM Placement are:

• Batch Size: 114 students who participated in placement
• Average Salary goes up by 10% at Rs.25.89 LPA in 2023 from Rs.23.58 LPA last year
• Highest Salary was Rs.43.92 LPA
• Median Salary was Rs.24.89 LPA
• Average salary for Top 25% students goes up at Rs.33.63 LPA
• Average salary for Top 50% students goes up at Rs.30.90 LPA
• Total Recruiters 73 making offers to 114 participating students
• Many new companies participated in Placements
• Top Recruiters included Accenture, E&Y, DBS, Cognizant, Exide, HSBC, IBM, Hitachi, Infosys, KPMG, Samsung, Thoucentric, Vector Consulting amongst others.

6. SPJIMR One Year PGPM: Comparison with ISB, IIMs
Based on the data below, one can safely say that SPJIMR PGPM is among the top five one-year MBA programmes offered in India.

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SPJIMR PGPM Vs Top 1 Year MBA Programs
A short comparison of SPJIMR with top one-year MBA programmes by IIMs and ISB is below. 

Source: MBAUniverse.com Research

7. SPJIMR PGPM International Immersion Programme
SPJIMR PGPM programme offers three-week long International Immersion module for 100% of the batch. This is a constantly updated, tailored curriculum offering an opportunity to pursue advanced courses in a chosen area of super specialization. PGPM students get SPJIMR Alumni Status and Course Credits for their studies at International B-Schools. 

8. SPJIMR PGPM Batch Profile
SPJIMR PGPM participants are admitted after a rigorous selection process. The current PGPM 2023-24 batch profile is as below:

PGPM 2023 Batch profile

• Total Students: 147
• Average Age: 28 years
• Average Work experience: 6.5 years
• Industry Work Experience: Students have work experience in more than 15 Industries
• Job Function wise Work Experience: Participants are from more than 20 Job Functions

9. SPJIMR PGPM Eligibility, Minimum Work Experience, Exam Accepted
Here are the key Eligibility Criteria for Admission to PGPM 2024-25 batch

• A Bachelor’s degree in any discipline with 50% marks from a recognized university
• Minimum 3 years of relevant (full time) work experience as on Program commencement date.
• Valid CAT or GMAT score
• A consistent academic record
• Women can also apply under the "Restart initiative" - for women with a career break of 2 years or more and minimum of 3 years of full-time work experience.

9.1 Exams Accepted

• CAT/GMAT scores accepted
• CAT scores for year 2020, 2021 and 2022
• Scores for GMAT taken between October 30, 2018 – October 30, 2023
• GMAT scores have to be submitted through GMAC (Code: 6DQ-MJ-12)
• GMAT score can be submitted October 30, 2023

10. SPJIMR PGPM Admission process 2024
Complete details and step by step process for SPJIMR 1 Year PGPM Admission 2024 are as given below:

10.1 How to Apply for SPJIMR 1 Year PGPM Admission 2024?
You should apply online with CAT and GMAT scores for PGPM admission of class 2024 with application fees of Rs.2000/-

SPJIMR Mumbai 18 Months PGPM- Apply Now

10.2 Rolling Admission Process
SPJIMR has developed the rolling process for PGPM admission keeping in mind the requirements of executives. Generally, there is a long waiting period between applying for a B school and hearing back from the B-schools to which you apply as applications are judged after the deadlines. With rolling admissions at SPJIMR, your application will be examined as soon as it is received. The result is that you are likely to hear from SPJIMR much in advance. Here are the key highlights -

Early Offers
Along with rolling admissions, SPJIMR extends early offers to exceptionally bright candidates. This implies that if you are an outstanding candidate, you have an offer letter from PGPM, even before the last date of accepting applications has elapsed. Rolling admissions and early offers help you plan your transition from a full-time job to a B-school smoothly. Interviews take place throughout the admission cycle, from the month of July to October 2023.

10.3 Step by Step Guide to SPJIMR’s PGPM Admission Process

• Step-1: Submit online application and pay application fees of Rs.2000/-.

SPJIMR Mumbai 18 Months PGPM- Apply Now

• Step-2: Candidates will be Shortlisted on the basis of the minimum eligibility criteria and details in the application form
• Step-3: Call for interviews is sent for shortlisted candidates
• Step-4: Case Study Analysis: Candidates are given a short essay/case to study and note down their points and/or solutions as per their comprehension and understanding of the given essay/case. 
• Step-5: Personal Interview: Each candidate will go through at least two rounds of interviews in addition to the above. The first round of interview is to understand the link between candidates’s chosen area of specialization and their work experience. The second round of interview is to understand the candidate’s overall fit with the PGPM programme and with SPJIMR’s values and culture. The process seeks to delve in to the candidate’s future goals, personality aspects, and communication skills. 
• Step-6: Final merit list is declared
• Step-7: Selected candidates are required to make payment of fees
• Step-8: Programme commences on December 2, 2023

11. SPJIMR PGPM Admission 2024: Time Line
Before you apply for the SPJIMR one-year PGPM admission process, please note the important dates for admission and application process.

Important dates

SPJIMR does not conduct a separate entrance exam. Admission to PGPM course is through CAT/GMAT. SPJIMR Associate Dean – Full-time Programmes, Prof. Renuka Kamath, said, “At SPJIMR, we encourage our experienced students to leverage their rich experience into the classroom, apply theory and explore solutions innovatively.” Admission to the Post Graduate Programme in Management (PGPM) at S. P. Jain Institute of Management & Research (SPJIMR) is strictly based on merit. SPJIMR does not have any quota, management or otherwise. The assessment of an applicant is on the basis of his/her profile, the qualifying entrance scores and the interview process. SPJIMR communicates directly with all the shortlisted candidates. SPJIMR Mumbai 18 Months PGPM- Apply Now

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