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SP Jain Institute of Management and Research - [SPJIMR], Mumbai
Mumbai, Maharashtra AICTE, NBA, AACSB, AMBA Estd 1981 Private Institute (Autonomous) 24 Questions Answered Ranked 18 for MBA by NIRF 2020
S.P. Jain Institute of Management and Research (SPJIMR) features among the top private management institutes in India and holds a reputable status among various national agencies evaluating various parameters.
The institute has been ranked at 18th position under the management category by NIRF ranking 2020. SPJIMR Mumbai has risen to be included in the top #150-200 institutes according to the QS Global Rankings, compared to its position in 2019, among the #200-250 ranks. The closest competitors are IIM Udaipur, IIT Kanpur, and IIM Raipur.
Other Ranking agencies like Outlook, Economic Times, Business Today also ranks it among the top 10 private management institutes in the country. According to Outlook, it is at #2 place out of 150 private MBA Colleges in India. Economic Times also ranks the institute at #13 place out of 50 best MBA Colleges in India.
| Ranking Agency | Year | Ranked at |
|---|---|---|
| NIRF | 2020 | #18 (Management Category) out of 75 |
| OUTLOOK-ICARE Ranking (Private MBA Colleges) | 2020 | #2 out of 150 |
| QS Global MBA Ranking | 2020 | #151 – 200 (MBA-Global) |
| # 18 (MBA-Asia) | ||
| Economic Times B-School Ranking | 2020 | #13 out of 50 |
| Business Today | 2019 | #4 out of 284 |
| Jagran Josh | 2020 | #7 out of 10 |
The National Institutional Ranking Framework (NIRF) was launched by MHRD in the year 2015. It is a methodology to rank various institutions across the country based on parameters like Teaching, Learning and Resources (TLR), Research and Professional Practices, Graduation Outcomes (GO), Outreach and Inclusivity, and Perception.
The institute has obtained the following scores in the different parameters (out of a score of 100) used for judgement by the NIRF:
| NIRF Parameters | SPJIMR NIRF Score |
|---|---|
| TLR | 73.32 |
| Research and Professional Practices | 21.80 |
| GO | 97.99 |
| Outreach and Inclusivity | 71.12 |
| Perception | 16.78 |
| Total | 56.93 |
S.P. Jain Institute of Management and Research has been ranked at the 18th position out of 75 management institutions in 2020 and at the 16th position for the year 2019. Given below are the NIRF rankings secured by the institute in the last four years:
| Year | Rank |
|---|---|
| 2020 | 18 |
| 2019 | 16 |
| 2018 | 19 |
| 2017 | 18 |
| 2016 | 16 |
The above graph shows the NIRF Ranking of SPJIMR has been dwindling in the range of #15-#20 for the last five years in NIRF Charts. If you take the average of these rankings, SPJIMR ranks at 17 position overall which says, SPJIMR is overall among Top 20 Best Management Institutes of the country.
The ranking of the other top management institutes in India by NIRF are tabulated below:
| Rank | Institute | NIRF Score |
|---|---|---|
| 1 | IIM Ahmedabad | 82.75 |
| 2 | IIM Bangalore | 81.32 |
| 3 | IIM Calcutta | 80.39 |
| 4 | IIM Lucknow | 73.85 |
| 5 | IIT Kharagpur | 70.43 |
| 6 | IIM Kozhikode | 69.96 |
| 7 | IIM Indore | 69.04 |
| 8 | IIT Delhi | 67.19 |
| 9 | XLRI Jamshedpur | 67.11 |
| 18 | SPJIMR | 56.93 |
IIM Ahmedabad has been among Top three Management Institutes of the country since last 10 years, exchanging its place only with IIM Bangalore. But if you notice the NIRF Ranking, you will realise SPJIMR has not only defeated other private MBA Colleges in India but also defeated some prominent names like IIM Shillong, IIM Udaipur, IIM Rohtak, etc.
Also ReadSPJIMR Mumbai Admissions
Outlook-ICARE India Ranking has ranked the S. P. Jain Institute of Management and Research at the 2nd position among the top private MBA colleges of India
The ranking is based on parameters like Faculty-Student Ratio, Research, Employability, Faculty Quality, and Inclusiveness and Diversity.
Given below are the scores for SPJIMR, in various parameters, according to Outlook-ICARE Rankings 2020:
| Parameters | SPJIMR Outlook Parameter Score (100) |
|---|---|
| FSR | 100 |
| Research | 53.08 |
| Employability | 81.63 |
| Faculty Quality | 83.01 |
| Inclusiveness and Diversity | 79.41 |
| Overall Score | 81.01 |
The ranking of the top private MBA colleges in India by OUTLOOK-ICARE are tabulated below:
| Institute | Rank | Overall Score (100) |
|---|---|---|
| XLRI Jamshedpur | 1 | 87.61 |
| SPJIMR | 2 | 81.01 |
| MDI Gurgaon | 3 | 79.24 |
| NMIMS Mumbai | 4 | 76.64 |
| Great Lakes Institute of Management, Chennai | 5 | 75.45 |
| SIBM Pune | 6 | 73.74 |
| TAPMI | 7 | 71.67 |
| ICFAI Hyderabad | 8 | 71.15 |
| IMI Delhi | 9 | 70.40 |
| BITS Pilani | 10 | 69.10 |
According to the Economic Times, Business-schools are ranked by the Functional Heads (IT/HR/Finance/Marketing/Production) of companies, in order of their preference for recruitment. The factors taken into consideration include readiness for corporate life, technical knowledge, and professionalism.
SPJIMR has been ranked at 13th place among a total of 50 institutions.
Mentioned below are the ranks scored by the institute in various areas, according to the Economic Times B-school Rankings 2020:
| ET Rank Sector-Wise | Rank |
|---|---|
| Overall | 13 |
| Finance | 17 |
| HR | 21 |
| IT | 7 |
| Marketing | 15 |
| Production | 7 |
The Top 10 B-Schools according to Economic Times are mentioned in the table:
| Rank | Institute |
|---|---|
| 1 | IIM Ahmedabad |
| 2 | XLRI Jamshedpur |
| 3 | IIM Bangalore |
| 4 | SIBM Pune |
| 5 | IIM Calcutta |
| 6 | NMIMS Mumbai |
| 7 | IMT Ghaziabad |
| 8 | IIM Lucknow |
| 9 | MDI Gurgaon |
| 13 | SPJIMR |
The Business Today and Marketing & Development Research Associates make a comprehensive list of Indian B-schools, offering full-time management courses (PGDM/MBA), established at least five years ago and with a minimum of three graduating batches. The research team visits the campuses to cross-check the data they have obtained with the infrastructure.
Given below are the scores in various parameters secured by SPJIMR:
| Parameter | Score |
|---|---|
| Learning Experience | 210.8 |
| Living Experience | 126.8 |
| Placement Performance | 219.1 |
| Selection Process | 123.3 |
| Future Orientation | 170.2 |
| Overall Score | 850.2 |
S.P. Jain Institute of Management and Research was ranked in the 6th position in 2018 and has risen up to the 4th rank in 2019. Mentioned below are institute rankings in the previous years:
| Year | Rank |
|---|---|
| 2019 | 4 |
| 2018 | 4 |
| 2017 | 6 |
| 2016 | 5 |
| 2015 | 4 |
The above table clearly shows the efforts put by SPJIMR to consistently improve in its ranking over the years. Fighting a tough competition and maintaining its position of #4 among its competitors is commendable.
Following are the top 10 B-schools in India according to Business Today Ranking (2019):
| Rank | Institute | Overall Score (1000) |
|---|---|---|
| 1 | IIM Ahmedabad | 889.6 |
| 2 | IIM Calcutta | 888.1 |
| 3 | XLRI Xavier School of Management, Jamshedpur | 853.4 |
| 4 | SPJIMR | 850.2 |
| 5 | IIM Indore | 827.3 |
| 6 | MDI Gurugram | 807.4 |
| 7 | IIM Kozhikode | 801.3 |
| 8 | Faculty of Management Studies, Delhi University | 774.5 |
| 9 | SVKM's NMIMS, Mumbai | 774.1 |
| 10 | Indian Institute of Foreign Trade | 767.3 |
Ans. There are some points to be kept in mind while selecting a B-school. You have to consider important facts like the course fees, the return of investment, location of the college, and the collaborations the college has with corporate houses, etc. Studying here i can provide you the following points to give you a better picture of NMIMS - School Cadre: Talking and learning about the college environment from alumni is a good way to figure out about that particular college. They will give you sufficient pros and cons and a detailed insight of the institute. Batch Size: Batch size matters when you sit down and compete for placement. The smaller the batch size, the greater the chance of getting placed. Fees: The fees are an important factor in choosing a B-school. As in the past few years, there has been an increase of 2% in fees and 25% in salary packages. The exact placement package mentioned by the institute is not always offered, so it is always advisable to look and invest in colleges with a profit return. Faculty and Curriculum: Most of the B-schools in India like IIM, NMIMS, ISB, use Harvard Business curriculum. It is better to learn about the faculty of the college before joining it. Location of the College: The college location plays an important role in the exposure you get. If it's located nearer the city, it is possible that you will get industry expansion, internship and placement with big companies. Colleges having collaboration with companies like Wipro, etc. can provide direct industry training. Unlike SPJIMR, NMIMS has a huge concern about their batch size. But the total fee at NMIMS is 11.5 lakh including food and accommodation. Whereas SPJIMR costs 16.5 lakh including food and accommodation.Read more
Ans. All of these universities are premier institutes for pursuing MBA and are amongst the top 100 institutions in the country. Out of these XLRI has been consistently ranked amongst top institutes in India and top 100 in Asia. Rankings: IIFT was ranked at #10 by India Today and at #26 by NIRF for its MBA course. SP Jain, on the other hand, ranked at #4 by India Today and #18 by NIRF for its MBA Course. XLRI has an upstanding ranking record of rank #9 by NIRF and #3 by India Today for its MBA Course. FMS got a ranking of #35 by NIRF and #8 by India Today for their MBA course. Admissions: IIFT A bachelor’s degree is a must from a UGC recognised university Applicants need to clear the IIFT Entrance exam, to participate in further rounds of GD and PI. The total seat intake for the program is 120-150 seats. The fee structure of the program is 16.25 Lakhs. SP Jain A Valid score in CAT/NMAT/GMAT The fee structure of the program is 17.5 Lakhs. The total seat intake for the 240. XLRI Applicants need to appear for XAT Cut-off is usually over 90 percentile The fee structure for the program is 12-26 Lakhs. The total seat intake for the course is 600 seats. FMS Students must have secured 50% aggregate throughout academics. Applicants need to appear for CAT Final selection is done on basis CAT percentile, GD, PI and Extempore scores The total seat intake for the course is 200 seats. The total fee structure is 20 Lakhs. Campus Placement: IIFT 110+ companies visited IIFT’s campus for recruitment The highest package offered was INR 75 LPA for international placements and INR 46.45 LPA for Domestic. Average CTC offered was 18 LPA Top recruiters are Paytm, Roland Berger, UnitedHealth Group, HSBC, GS, CRISIL SP Jain Over 122 companies took part in the recruitment drive The highest package offered was INR 51 LPA and the average package offered was INR 26.36 LPA. Average placement rate was 85% Major recruiters were Simplilearn, Deloitte, IndusInd Bank, GE, JP Morgan etc. XLRI The highest package offered was INR 48 LPA and the average package was INR 20 LPA. Average placement rate records over 95% Highest International CTC is over 1 crore Prominent recruiters are Google, Uber, DE Shaw, GAIL, KPMG, Boston Consulting Group amongst 100+ others FMS The placement rate of was around 95% The highest package offered was INR 58.6 LPA and the average package was INR 25.6 LPA. 60+ recruiters took part in the recruitment drive, with chief participating companies being ITC, Cipla, BMW, RBS, Vivo, Adani etc. Besides the stellar placements offered by all of these universities, SP Jain, XLRI, and FMS offer highly qualified faculty and ample opportunities to learn and grow. However, choosing between one of these universities depends more on the student’s interest and feasibility.Read more
Ans. IIM Ahmedabad, Banglore, Calcutta, and Lucknow are positioned at 1st, 2nd, 3rd, and 4th place in the list of NIRF India ranking 2020 for management courses. XLRI, FMS, and SPJIMR are placed at the position of 9th, 35th, and 18th under the same category of NIRF 2020. Admission: Candidates have to clear Business Aptitude Test (BAT) offered by ISB in order to seek admission. For admission at IIM Ahmedabad, Banglore, Calcutta, Lucknow, or any other IIMs in general, one has to clear IIM-CAT. The expected cutoff percentile this year would be 97-99%. XLRI conducts the Xavier Aptitude Test (XAT) every year in the month of January which is followed by group discussion and personal interview rounds for admission. FMS considers CAT scores for MBA admission with a cutoff of 98% for the general category. SPJIMR conducts SPJAT for MBA admission. It also accepts CAT/GMAT test scores with a cutoff of 92%. Placement statistics: ISB: Around 400 recruiting companies participated in the recruitment process making 1504 job offers. The best domestic CTC offered in 2020 is 48 LPA whereas the median salary offered was 25.71 LPA. IIM-A: 346 recruiting companies participated in the placement session this year with top recruiters being Accenture, Aditya Birla, Amazon. The average package of PGP is 26.13 LPA, whereas that of PGPx is 33 LPA. IIM-B: 150+ recruitment companies visited campus making 600+ job offers overall. The average CTC offered for PGP was 26.18 LPA, whereas for EPGP it was 30 LPA. IIM-C: 498 job offers were made at IIM-C by 150+ companies which include industry giants like JP Morgan, Wipro, BCG, Goldman Sachs. Highest and average CTC offered were 80 LPA and 27.9 LPA respectively. IIM-L: 443 students got placed from the 2020 batch at IIM-L with an average annual package of 24.25LPA at companies like Flipkart, Deloitte, Accenture. The best CTC offered so far is 54 LPA at IIM-L. XLRI: The batch of 2020 recorded 100% placement with 362 overall domestic and international offers. The average CTC was recorded to be 2 6LPA whereas the highest package was 58.5 LPA. FMS: 219 students appeared in the placement session in 2020. Each of them got placed at top-notch companies like Coca Cola, Asian paints, GSK pharma with an average salary of 25.6 LPA. SPJIMR: Highest CTC offered was 51 LPA with an average CTC of 26.36 LPA. The majority of students got placed in FMCG, E-commerce sectors. Each of these eight institutes is among the top-notch B-schools in India. Go through the given parameters to decide what is best for you.Read more
Ans. SPJIMR is one of the top-ranked colleges in India. The PGPM program offered by SPJIMR is one of the best in India and has been continuously raising the ranks above colleges like IIM. The course duration is 15 months, and the tuition fee is around 18.95 lakhs. The Information Management branch of PGPM comprises students with an average work experience of 6 years in sectors like banking, E-commerce, Healthcare, communication, and technology. Eligibility: A Bachelor’s degree is required. Candidates need to sit for XAT/GMAT/CAT and obtain a valid score in order to seek admission. Work experience for a minimum of 60 months is also required. Admission to the students is given based on the entrance exam score, work-profile, performance during two rounds of interviews, and past academic records. Placement Details: SPJIMR has a placement record of 85-90%. The salary packages range between 12 LPA- 28 LPA. Companies that come for recruitment are TCS, PWC, Genpact, KPMG, Accenture, Reliance Jio, Shell, Indus Tower, and IBM. The job roles offered are Team leader, Senior Consultant, Project manager, Role in Digital Business, Analytics, IT sector, Product Management, etc. PGPM in Information Management in SPJIMR is as good as any other top-ranking colleges in India. The company that offers a job and the roles which are offered ultimately depends upon the candidate’s skill and academic records. The students who do not get placed even after graduation are allowed to stay in the college hostel, and the placement cell helps them to secure a position in any of the reputed companies.Read more
Ans. SP Jain Global is ranked 12th in the world by Forbes ranking and is among the top 100 colleges in India. SPJIMR is ranked 2nd by Outlook and 18th by NIRF 2020. Admission Details: SP Jain Global: Students applying need to sit for GMAT/GRE/CAT/SPJAT Students are required to clear math, statistics, and programming in their 12th. 0-3 years of work experience is required for admission in PG courses. SPJIMR: Students need to sit for GMAT, NMAT, CAT, XAT, and GRE examinations to get accepted into the PGDM or PGPM and PGMPW program of this college. A general aptitude test is required for the PGMPW program. Bachelor’s degree from a recognized university is needed. Placements: SP Jain Global: As of 2020, the placement percentage is 73%, and 87% of students secured an internship. The highest package offered is around 34 LPA, and the average package offered is around 19 LPA. A few of the companies that come for recruitment are Adani, Aramex, Reckitt Benckiser, Dabur, and Coca-Cola. SPJIMR: In 2020, 122 companies had visited the campus giving out around 300 offers to a total of 238 candidates. The average package offered was 26 LPA, and the highest was 52 LPA approximately. Some of the companies that recruited are 3I InfoTech, Frost & Sullivan, Cognizant, Gartner, IndusInd Bank, and Myntra. Infrastructure: Both colleges have world-class infrastructure. There are libraries, air-conditioned classrooms, labs, Wi-Fi, convenience stores, and canteens in both colleges. Apart from having multiple sports grounds, gyms and gaming rooms are also present in SP Jain Global. SPJIMR has separate grounds for football, cricket, and courts for basketball, badminton, volleyball, etc. Both the colleges are excellent in their own ways and provide proper industry exposure to their students. Top companies come for recruitment in both the colleges- so there is nothing to compare there. Finally, the decision depends upon the student who needs to consider the living and tuition expenses for the duration of the course.Read more
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