Is SPJIMR Mumbai PGDM-BM worth choosing over the flagship PGDM if I'm still unsure about my specialization?

If you are unsure about your specialization, SPJIMRs flagship PGDM may be a better choice because it offers more flexibility and a broader learning experience. PGDM (BM) is a strong option for students interested in business management roles. Consider your career goals, preferred learning style, and interest areas before deciding.

How much does the SPJIMR selection process actually weigh the CAT score versus the personal interview?

Unlike many IIMs where CAT score heavily drives shortlisting, SPJIMR runs a profile-based Phase 1 shortlist before CAT results are declared. The 85th percentile minimum is a qualifying floor, not a ranking factor. Once you clear it, the weight split is roughly: CAT or GMAT 40-50%, academics 20-25%, work experience 10-15%, interview 20-30%, and diversity 5-10%. A candidate at 87 percentile with a strong narrative can outperform one at 97 percentile with a weak interview.

How does SPJIMRs 48% Pre-Placement Offer rate affect the final placement season for an incoming student?

Pre-Placement Offers come from Summer Internship companies in Year 1. When 48% of the batch locks employment early, companies compete for a smaller remaining pool in the final season, which tends to drive package offers upward. For an incoming student, this signals that your Summer Internship performance is the most reliable path to a strong outcome. Treat the internship as your most important recruitment test at SPJIMR.

What are the Centres of Practice at SPJIMR and how do they differ from standard elective courses?

SPJIMR runs four Centres of Practice in Sustainability, Family Business, Emerging Technology, and Leadership Wisdom. Unlike elective courses, CoPs involve live projects woven into the curriculum. Students may work on a real sustainability audit for a corporate client or engage with family business case studies through the dedicated CoP. These feed into the Immersive Experiences credit component in Year 1, distinguishing SPJIMR from programmes built entirely on classroom case methods.

Is the Global Fast Track included in the INR 24,86,000 programme fee or is it an additional cost?

The Global Fast Track is optional and its costs are not included in the base fee. Students who participate spend time at a partner institution abroad, but tuition differential, airfare, and accommodation are all billed separately. The INR 24,86,000 covers full domestic completion of the degree with no hidden additions. GFT is an upgrade students can choose after joining. Factor this in when evaluating total cost if international exposure is a priority for you.

SPJIMR PGDM: Fees 2026, Course Duration, Dates, Eligibility

Andheri West, MumbaiEstd 1981

4.2

(45 Reviews)

SPJIMR Latest Updates and News

Key Updates1

Other Updates4

18 Sep, 2026 SPJIMR MBA Admission 2027-29 begins. Interested candidates can apply @spjimr.org till Nov 27, 2026. Read more.

Total fees

INR 24.86 Lakhs

2 years, tuition and hostel room

Average pay

INR 33.75 LPA

Class of 2026, both streams

CAT cutoff

85 percentile

Collegedunia cutoff, both streams

Placement rate

100%

Class of 2026 batch placed

In This Page▾

01About this degreeThe full write-up, from fees to placements 02Streams at a glanceBoth streams with their fee, seats and ratings 03Which stream should you pick?Who each stream suits, who should skip it, and a counsellor's advice 04EligibilityThe degree, marks and exam you need before you apply 05Admission ProcessEvery step from the exam to the offer 06Admission DatesThis session's calendar and next year's estimate 07FeesThe full course cost with and without mess 08Which streams will your score get you?What your CAT or GMAT percentile opens 09ScholarshipsWhat you can claim and what you missed 10PlacementsWhat this degree paid and how much of it was placed 11How does it compare?The same degree at colleges in its league, side by side 12FAQsStraight answers to what students ask before they decide

About SPJIMR PGDM

SPJIMR Mumbai, the S P Jain Institute of Management and Research, offers the PGDM as a two-year, full-time residential course in two streams, PGDM General and PGDM (BM), with 360 seats for Indian nationals. The institute holds AACSB, EQUIS and AMBA accreditation and stands #8 in Collegedunia's MBA ranking 2026 and #20 in NIRF management 2025. The full fee is INR 24.86 Lakhs, the same for both streams, and it covers tuition and a basic hostel room. You apply with a CAT or GMAT score, and the Collegedunia CAT cutoff is 85 percentile for both streams. The Class of 2026 averaged INR 33.75 LPA and 100% of the batch of 356 was placed.

SPJIMR PGDM at a Glance

Particulars	Details
Course Duration	2 Years
Number of PGDM Streams	2
Total Seats	360 for Indian nationals
Admission Through	CAT or GMAT, then profile review and interview
Minimum Eligibility	Bachelor's degree with 50% marks, any discipline
Total Fees	INR 24.86 Lakhs
Hostel + Mess	Basic hostel included; mess INR 1.20 Lakhs a year
Scholarship Available	INR 5 Lakhs, Mirae Asset Foundation
Average Package 2026	INR 33.75 LPA
Median Package 2026	INR 32.85 LPA
Placement Rate 2026	100%
NIRF Management Rank	#20 in 2025

SPJIMR PGDM Fees

The total fees with mess is INR 27.26 Lakhs and the fees without mess is INR 24.86 Lakhs. The programme fee of INR 24.86 Lakhs pays for tuition and a basic hostel room for two years. Mess costs INR 1.20 Lakhs a year on top. You pay the same fee in both streams, and SPJIMR says the fee can change for a new batch.

Fee head	Amount	How it is charged
Programme fee, tuition and basic hostel room	INR 24.86 Lakhs	Full course
Mess charges	INR 2.40 Lakhs	INR 1.20 Lakhs a year, 2 years
Application fee	INR 2,500	One time, with the form
Total, no mess	INR 24.86 Lakhs	Programme fee
Total with mess	INR 27.26 Lakhs	Programme fee + mess

SPJIMR PGDM Admission Dates

Applications for the 2027 batch are open from 15 Sep 2026 to 27 Nov 2026, and CAT 2026 is on 29 Nov 2026. Interviews follow in Feb 2027 and classes start in Jun 2027. SPJIMR has not fixed the interview and result days yet, so watch your email after the CAT result.

Event	Date	Status
Online application window	15 Sep 2026 to 27 Nov 2026	Confirmed
CAT 2026 exam	29 Nov 2026	Confirmed
CAT 2026 result	Jan 2027	Tentative
Interview shortlist	Jan 2027	Tentative
Personal interview round	Feb 2027	Tentative
Final selection result	Mar 2027	Tentative
First fee instalment, last date	Apr 2027	Tentative
Reporting and document check	Jun 2027	Tentative
Classes start	Jun 2027	Confirmed

SPJIMR PGDM Eligibility

You need a bachelor's degree with at least 50% marks in any discipline, and a CAT or GMAT score. Freshers can apply, and so can you if you have up to 5 years of work experience. Final-year students can apply too. There is no quota, so every seat goes on merit.

Requirement	What you need
Degree	Bachelor's degree with 50% marks or equal CGPA, any discipline
Exam	CAT or GMAT score
Work experience	Not needed; up to 5 years allowed
Final-year students	Can apply
English	Good written and spoken English; no test needed

SPJIMR PGDM Admission Process

Admission has five steps: the exam, the online form, a profile review, a personal interview and the offer. SPJIMR reads your marks from Class 10 on, your work experience, your score and your achievements. You can be picked on your profile alone or on your profile and score together. The interview then decides the offer.

Step	What you do
Write CAT or GMAT	Take CAT in November or send a valid GMAT score.
Apply online	Fill the SPJIMR form before the last date and pick your stream.
Profile review	SPJIMR checks your marks, work experience, score and achievements.
Personal interview	Shortlisted applicants face an interview panel.
Accept the offer	Pay the first fee instalment by the date in your offer letter.

SPJIMR PGDM Branches and Seats

PGDM General has 240 seats and PGDM (BM) has 120 seats, and both cost INR 24.86 Lakhs. PGDM General lets you pick two majors from Finance, Information Management, Marketing, and Operations and Supply Chain. PGDM (BM) is a general management course, and 98% of its last batch had 1 to 5 years of work experience. Each stream name below opens its own course page.

Stream	Seats	What you study
PGDM General	240	Two majors from four areas
PGDM (Business Management)	120	General management with your own mix of courses

SPJIMR PGDM Cutoff

The CAT cutoff is 85 percentile overall and 75 percentile in each section, the same for both streams. These are Collegedunia's cutoff figures, because SPJIMR does not publish one. GMAT applicants need about the same percentile. A score above the cutoff only gets your profile read, and the interview decides the seat.

Stream	CAT overall	CAT, each section
PGDM General	85 percentile	75 percentile
PGDM (BM)	85 percentile	75 percentile

SPJIMR PGDM Placements

The Class of 2026 averaged INR 33.75 LPA with a median of INR 32.85 LPA, and 100% of the 356 students were placed. The highest offer was INR 75 LPA. Consulting firms made 40% of all offers, and 46% of the batch had a pre-placement offer. SPJIMR gives one figure for both streams, not a figure for each.

Metric	Value
Average pay, both streams	INR 33.75 LPA
Median pay, both streams	INR 32.85 LPA
Highest offer	INR 75 LPA
Batch placed	100% of the Class of 2026
Companies that hired	80, with 31 new ones
Top recruiters	Accenture Strategy, BCG, McKinsey, Goldman Sachs, HUL

SPJIMR PGDM Scholarships

The Mirae Asset Foundation scholarship gives INR 5 Lakhs to each scholar, and the merit cum means aid can pay back part or all of the tuition fee. The Mirae award needs a family income below INR 8 Lakhs. SPJIMR decides the merit cum means aid on need, marks, activities and conduct, and you apply for it in July.

Scholarship	Who can get it	Amount or waiver
Mirae Asset Foundation scholarship	Good marks and a family income below INR 8 Lakhs	INR 5 Lakhs
Merit cum means aid	First and second year students in financial need	Part or all of the tuition fee

SPJIMR PGDM Ranking

Collegedunia ranks SPJIMR #8 for MBA in 2026 and NIRF placed it #20 in management in 2025. The Financial Times placed it #35 in its Masters in Management ranking 2025. The institute also holds AACSB, EQUIS and AMBA accreditation.

Ranking body	Year	Rank or grade
Collegedunia, MBA	2026	#8
NIRF, Management	2025	#20
Financial Times, Masters in Management	2025	#35
India Today, MBA	2026	#4

SPJIMR PGDM Hostel and Campus

The programme fee covers a basic hostel room for both years, and mess costs INR 1.20 Lakhs a year. The campus is in Andheri West, Mumbai. The course is fully residential, so you live on campus for the two years.

Item	Detail
Hostel room	Basic room, included in the programme fee
Mess	INR 1.20 Lakhs a year
Campus	Andheri West, Mumbai
Course type	Full time, residential

SPJIMR PGDM specialisations

Post Graduate Diploma in Management [PGDM]

2 Years · Full Time · 2 courses

Total fees

INR 24.86 Lakhs

Tuition and basic hostel room

4.440 reviews873 views last year

Average pay

INR 33.75 LPA, both streams

Median pay

INR 32.85 LPA, both streams

Eligibility

Bachelor's degree with 50% marks

Exams

CAT or GMAT, then interview

CAT cutoff

85 percentile, both streams

PGDM General

INR 24.86 Lakhs

Total fees

4.2873 viewslast yearCompare

Seats

240

PGDM (Business Management)

INR 24.86 Lakhs

Total fees

4.2873 viewslast yearCompare

Seats

120

Which PGDM stream should you pick at SPJIMR?

Stream

PGDM GeneralPGDM (BM)

PGDM General

240 seats. Two majors from Finance, Information Management, Marketing, and Operations and Supply Chain.

Pick it if:

You want a consulting or FMCG job: consulting firms made 40% of all offers in 2026, and FMCG firms hired 30% of the Marketing students.

You want to go deep in two areas: you pick two majors from Finance, Information Management, Marketing, and Operations and Supply Chain.

You are a fresher or have little work experience: this stream takes freshers, and it holds 240 of the 360 seats.

Skip it if:

You want pay figures for this stream alone: SPJIMR publishes one average of INR 33.75 LPA for both streams together.

You want to live at home in Mumbai: the course is fully residential, so every student lives on the Andheri West campus.

Open the full PGDM General page

PGDM Business Management (BM)

120 seats. General management, and 98% of the last batch had 1 to 5 years of work experience.

Pick it if:

You have 1 to 5 years of work experience: 98% of the last PGDM (BM) batch had that much, so your classmates will have similar experience.

You want a general management course: PGDM (BM) lets you choose your own mix of courses across every area instead of two majors.

You want the same fee as the main stream: both streams cost INR 24.86 Lakhs, and both go through the same placement process.

Skip it if:

You are a fresher: only 2% of the last PGDM (BM) batch had no work experience, so PGDM General suits you better.

You want a big group of classmates in your stream: PGDM (BM) has 120 seats, half of the 240 in PGDM General.

Open the full PGDM Business Management (BM) page

Counsellor's advice

If you are a fresher, apply to PGDM General. If you have 1 to 5 years of work experience, choose PGDM (BM). Both cost the same, so pick on your experience, not the fee.

PGDM Eligibility▾

Degree: A bachelor's degree with at least 50% marks or equal CGPA, in any discipline.

Exam: A CAT or GMAT score. Use the CAT score of the year you apply.

Work experience: Not needed. You can apply with up to 5 years of work experience.

Final-year students: You can apply before your degree result comes out.

Same rule, both streams: PGDM General and PGDM (BM) use the same marks and exam rule.

PGDM Admission Process▾

Write CAT or GMAT: CAT 2026 is on 29 Nov 2026. A valid GMAT score also works.

Apply online: Fill the SPJIMR form between 15 Sep 2026 and 27 Nov 2026 and choose your stream.

Profile review: SPJIMR reads your marks from Class 10 on, your work experience, your score and your achievements.

Personal interview: Shortlisted applicants face an interview, usually in January and February.

Accept the offer: Results come in March. Pay the first instalment by the date in your offer letter.

PGDM Admission Dates 2027

▾

Official 2027 dates for both streams. Tap 2028 Session for next year.

2027 Session2028 Session

The 2028 calendar is not out. These dates are estimates.

Confirmed

15 Sep 2026 to 27 Nov 2026

Online application window

The form costs INR 2,500 and takes a CAT or GMAT score.

Confirmed

29 Nov 2026

CAT 2026 exam

IIM Indore holds the exam in three sessions.

Tentative

Jan 2027

CAT 2026 result

The CAT notice gives the first week of January.

Tentative

Jan 2027

Interview shortlist

SPJIMR sorts applicants into profile and profile cum score groups.

Tentative

Feb 2027

Personal interview round

Interviews usually take place in January and February.

Tentative

Mar 2027

Final selection result

Offers go out by email in March.

Tentative

Apr 2027

First fee instalment, last date

Pay by the date in your offer letter to keep the seat.

Tentative

Jun 2027

Reporting and document check

Bring your original mark sheets and degree papers.

Confirmed

Jun 2027

Classes start

SPJIMR gives June 2027 as the start month.

Tentative

Sep 2027 to Nov 2027

Online application window

Expected to open in September, as this year.

Tentative

Nov 2027

CAT 2027 exam

Expected in the last week of November.

Tentative

Jan 2028

CAT 2027 result

Expected in the first week of January.

Tentative

Feb 2028

Personal interview round

Expected in January and February.

Tentative

Mar 2028

Final selection result

Expected in March.

Tentative

Apr 2028

First fee instalment, last date

Expected a few weeks after the offer.

Tentative

Jun 2028

Reporting and document check

Expected just before classes.

Tentative

Jun 2028

Classes start

Expected in June, as this year.

Source: SPJIMR PGDM admissions page and the CAT 2026 notice.

SPJIMR Mumbai PGDM Fees 2027

▾

This is the full 2-year cost, the same for both streams.

Programme fee, tuition and basic hostel room

Full course

INR 24.86 Lakhs

Add mess charges

Mess charges

Per year × 2, INR 1.20 Lakhs a year

INR 2.40 Lakhs

Total course fee

INR 24.86 Lakhs

2 years · tuition + basic hostel room, mess not added

Total course fee

INR 27.26 Lakhs

2 years · tuition + basic hostel room + mess

Education loan EMI

INR 41,916

7 yr · 10.5% per year

ROI

136%

average first-year pay INR 33.75 LPA, both streams, vs the full fee

Education loan EMI

INR 45,962

7 yr · 10.5% per year

ROI

124%

average first-year pay INR 33.75 LPA, both streams, vs the full fee

Source: SPJIMR PGDM fees page; the fee is indicative.

Which PGDM streams will your score get you at SPJIMR?

Pick your exam and percentile range. Both streams share one floor.

Your exam

CATGMAT

Your CAT percentile

95 or more85 to 94.975 to 84.9Below 75

Your GMAT percentile

95 or more85 to 94.975 to 84.9Below 75

CAT · percentile 95 or more

Yes, you are in: PGDM General, PGDM (BM). Your score clears the 85 floor with room; the profile and interview decide the offer.

CAT · percentile 85 to 94.9

Almost there: PGDM General, PGDM (BM). You clear the 85 floor, so your profile and interview carry more weight.

CAT · percentile 75 to 84.9

Not this year: PGDM General, PGDM (BM). Below the 85 floor; try GMAT or the next CAT.

CAT · percentile below 75

Not this year: PGDM General, PGDM (BM). Below the 85 floor; try GMAT or the next CAT.

GMAT · percentile 95 or more

Yes, you are in: PGDM General, PGDM (BM). Your score clears the 85 floor with room; the profile and interview decide the offer.

GMAT · percentile 85 to 94.9

Almost there: PGDM General, PGDM (BM). You clear the 85 floor, so your profile and interview carry more weight.

GMAT · percentile 75 to 84.9

Not this year: PGDM General, PGDM (BM). Below the 85 floor; try CAT or the next GMAT.

GMAT · percentile below 75

Not this year: PGDM General, PGDM (BM). Below the 85 floor; try CAT or the next GMAT.

EDITOR'S NOTE

SPJIMR does not publish a cutoff, and the 85 percentile floor is Collegedunia's reading of past cycles. A score above it gets your profile read; your marks, work experience and interview decide the offer, so write a strong application.

SPJIMR Mumbai PGDM Scholarship Calculator

Answer two questions to see what you can claim in either stream.

SPJIMR PGDM Placements

Figures for this degree only, not the whole institute.

Class of 2026, the PGDM and PGDM (BM) batch of 356.

Average pay

INR 33.75 LPA

Median pay

INR 32.85 LPA

Highest offer

INR 75 LPA

Batch placed

100%

Source: SPJIMR PGDM and PGDM (BM) final placement report 2026.

SPJIMR Mumbai PGDM vs similar colleges

Compare with

MDIXLRIMICAIMT

This page

SPJIMR Mumbai

Mumbai

Compared with

MDI Gurgaon

Gurugram

Compared with

XLRI Jamshedpur

Jamshedpur

Compared with

MICA Ahmedabad

Ahmedabad

Compared with

IMT Ghaziabad

Ghaziabad

Total fees2 years, as each college publishes

INR 24.86 Lakhs

tuition and hostel room

INR 26.55 Lakhs

INR 1.69 Lakhs more

INR 30.60 Lakhs

INR 5.74 Lakhs more

INR 30.10 Lakhs

INR 5.24 Lakhs more

INR 23 Lakhs

INR 1.86 Lakhs less

Average paylatest batch, all streams

INR 33.75 LPA

Class of 2026

INR 29.5 LPA

INR 4.25 LPA less

INR 31.4 LPA

INR 2.35 LPA less

INR 20.46 LPA

INR 13.29 LPA less

INR 18.89 LPA

INR 14.86 LPA less

Median paylatest batch, all streams

INR 32.85 LPA

Class of 2026

Not published

INR 29 LPA

INR 3.85 LPA less

INR 19.2 LPA

INR 13.65 LPA less

INR 17.56 LPA

INR 15.29 LPA less

Placement rateshare of the batch placed

100%

Class of 2026

100%

Same rate

100%

Same rate

Not published

Highest offerlatest batch, any offer

INR 75 LPA

Class of 2026

INR 97.5 LPA

INR 22.5 LPA more

INR 110 LPA

INR 35 LPA more

INR 45.67 LPA

INR 29.33 LPA less

INR 35 LPA

INR 40 LPA less

In short

MDI Gurgaon costs INR 1.69 Lakhs more and paid INR 4.25 LPA less on average, with a higher top offer. If both colleges offer you a seat, SPJIMR gives the better average for less money.

In short

XLRI costs INR 5.74 Lakhs more and its average was INR 2.35 LPA lower, though its top offer was higher. If you hold both offers, compare the majors you want before you pay.

In short

MICA is a communication and marketing school; it costs more and paid INR 13.29 LPA less on average. Pick it only if you want a career in brands and marketing.

In short

IMT Ghaziabad costs INR 1.86 Lakhs less, but its early-report average was INR 14.86 LPA lower. Keep it as a backup if your CAT score is below the SPJIMR cutoff.

FAQs on SPJIMR Mumbai PGDM

Straight answers to what students ask before they decide.

Is PGDM at SPJIMR worth the fee?▾

Yes, for most students who get in. The full fee is INR 24.86 Lakhs with a basic hostel room, and the Class of 2026 averaged INR 33.75 LPA with 100% of the batch placed. At that pay you earn more than the fee in your first year of work. If you plan a loan, check the EMI tile in the fee block above.

Should I pick PGDM General or PGDM (BM)?▾

Pick on your work experience, not the fee. Both cost INR 24.86 Lakhs and share one placement process. PGDM General takes freshers and lets you choose two majors, while 98% of the last PGDM (BM) batch had 1 to 5 years of work experience. Read the stream cards above before you fill the form.

Is my CAT score safe for SPJIMR?▾

Only if it is well above 85 percentile. Collegedunia puts the cutoff at 85 percentile overall and 75 percentile in each section for both streams. A score above it only gets your profile read, and the interview decides the offer. Put your score in the checker above and apply to a few other colleges as well.

Which jobs do SPJIMR PGDM students get?▾

Consulting takes the most students. Consulting firms made 40% of all offers in 2026, FMCG firms hired 30% of the Marketing students, and banks and investment firms took 32% of the Finance students. McKinsey, BCG, HUL and Goldman Sachs were among the 80 companies that hired. Pick your majors with the job you want in mind.

Who should skip PGDM at SPJIMR?▾

Skip it if you want to live at home or study part time. The course is full time and residential for two years in Andheri West. Also skip PGDM (BM) if you are a fresher, since only 2% of its last batch had no work experience. If neither applies, check the fee block and the dates above.

Should I apply with CAT or GMAT?▾

Use the score that is stronger. SPJIMR takes CAT or GMAT for both streams, and Collegedunia puts the floor near the 85th percentile for each. CAT 2026 is on 29 Nov 2026, two days after the form closes on 27 Nov 2026. If you are waiting for CAT, submit the form before the exam.

Is placement different for PGDM General and PGDM (BM)?▾

SPJIMR does not say. It publishes one set of figures for both streams: an average of INR 33.75 LPA, a median of INR 32.85 LPA and a top offer of INR 75 LPA in 2026. Both streams go through the same placement process. Ask the placement team for stream-wise numbers before you decide.

Should I join SPJIMR if I have no work experience?▾

Yes, but apply to PGDM General. It takes freshers, and it holds 240 of the 360 seats. PGDM (BM) is mostly for people with 1 to 5 years of work experience. Use your college projects and internships to make your profile stronger before the interview.

Should I wait a year to get work experience before applying?▾

Only if you want PGDM (BM). PGDM General takes freshers, so a strong CAT score now is enough to apply. Work experience helps the profile review, and 98% of the last PGDM (BM) batch had 1 to 5 years of it. If your score this year is above 85 percentile, apply now.

Can I get a scholarship at SPJIMR?▾

Yes, if you meet the rules. The Mirae Asset Foundation scholarship gives INR 5 Lakhs to a scholar whose family income is below INR 8 Lakhs. The merit cum means aid can pay back part or all of the tuition fee for students in need. Apply for the aid in July, after you join.

How do I get admission to PGDM at SPJIMR?▾

Write CAT or send a GMAT score, then fill the SPJIMR form between 15 Sep 2026 and 27 Nov 2026. SPJIMR reviews your profile and invites the picked students to a personal interview, usually in January and February. Results come in March, and you pay the first instalment by the date in your offer letter.

Is the fee the same for both streams?▾

Yes. Both PGDM General and PGDM (BM) cost INR 24.86 Lakhs for two years, with a basic hostel room included. Mess adds INR 1.20 Lakhs a year, so the total with mess is INR 27.26 Lakhs. SPJIMR calls the fee indicative, so check it again when you get your offer.

Is there a quota for SC, ST or OBC students at SPJIMR?▾

No. SPJIMR fills every seat on merit, with no category quota. Collegedunia shows the same 85 percentile cutoff for every category. If your family income is below INR 8 Lakhs, look at the Mirae Asset Foundation scholarship in the calculator above.

This page is AI assisted and human verified.