SPJIMR Ranking 2025

Andheri West, MumbaiEstd 1981
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Collegedunia Team

Content Curator | Updated on - Jul 17, 2026

SPJIMR has been ranked 8th among 350 management institutes in India in the Collegedunia MBA Rankings 2026, improving from 10th position in 2025.

  • Collegedunia MBA Ranking 2026: Rank 8 out of 350 management institutes in India.
  • NIRF MBA Ranking 2025: Rank 20 out of 125 management institutes.
  • India Today MBA Ranking 2026: Rank 4 out of 270 management institutes.
  • IIRF MBA Ranking 2026: Rank 1 out of 120 management institutes.
  • TOI MBA Ranking 2026: Rank 3 out of 100 management institutes.
  • Financial Times MBA Ranking: Rank 74 out of 100.
  • Financial Times MiM Ranking 2025: Rank 35 globally, highest-ranked Indian business school.

SPJIMR Ranking in India

SPJIMR Mumbai features in the top tier across all major Indian management ranking bodies. The table below shows multi-year rank data from Collegedunia, NIRF, India Today, The Week, IIRF, and the Times of India.

SPJIMR Ranking in India
Note: Different ranking bodies use different pool sizes and assessment methodologies, so ranks across agencies are not directly comparable.

Analysis: SPJIMR's rankings across major agencies show mixed but largely stable performance between 2025 and 2026. The institute improved from 10th to 8th in the Collegedunia MBA rankings and retained the top position in the IIRF MBA rankings. Its MBA ranking declined slightly in India Today (3rd to 4th) and the Times of India (2nd to 3rd), while the NIRF MBA ranking remained unchanged at 20th. Executive MBA rankings were stable in India Today at 7th, while IIRF ranked the program 5th in 2026.

Read More: SP Jain Institute of Management and Research Admission

SPJIMR Collegedunia Ranking

SPJIMR Mumbai is ranked by Collegedunia based on key parameters such as placement performance, faculty quality, infrastructure, academic excellence, and student outcomes. In the Collegedunia MBA Rankings 2026, SPJIMR secured 8th rank among 350 MBA colleges in India, improving from 10th rank out of 372 institutes in 2025.

Year Collegedunia MBA Rank Total Institutes Ranked
2026 8 350
2025 10 372

Analysis: SPJIMR improved by two positions in the Collegedunia MBA Rankings between 2025 and 2026, reflecting its strong performance across key evaluation criteria. Affiliated with Bharatiya Vidya Bhavan, SPJIMR is widely recognized for its flagship PGDM program, industry-focused curriculum, and consistent placement outcomes.

SPJIMR NIRF Ranking

The National Institutional Ranking Framework (NIRF), released annually by the Ministry of Education, Government of India, ranks management institutes based on five key parameters: Teaching, Learning and Resources (TLR), Research and Professional Practice (RPC), Graduation Outcomes (GO), Outreach and Inclusivity (OI), and Peer Perception (PR). SPJIMR has consistently featured in the NIRF Management Rankings, securing a top-20 position in each of the last three ranking cycles.

SPJIMR NIRF Management Ranking 2025

In the NIRF Management Rankings 2025, SPJIMR was ranked 20th out of 125 management institutes in India, with an overall score of 62.06. The institute retained the 20th rank in 2024 and 2023, demonstrating consistent performance among India's leading business schools.

SPJIMR NIRF Management Ranking 2025
Note: The overall NIRF score of 62.06 has been officially published for 2025. Parameter-wise scores for 2024 and 2023 have not been included, as they are not available in the published data.

Analysis: SPJIMR's 20th rank among 125 management institutes places it in the top 16% of NIRF-ranked business schools in India. The NIRF Management Rankings evaluate IIMs, private business schools, and other leading management institutes using the same standardized assessment framework, highlighting SPJIMR's consistent academic and institutional performance.

Read More: SP Jain Institute of Management and Research Courses & Fees

SPJIMR India Today Ranking

Category Level 2026 2025 2024

MBA
India 4 3 5
Mumbai 2 2 1
Executive MBA India 7 7 7

Analysis: The India Today rankings indicate minor changes in SPJIMR's performance over the last three years. The MBA program ranked 4th in India in 2026, compared with 3rd in 2025 and 5th in 2024. At the city level, it remained 2nd in Mumbai in both 2025 and 2026 after ranking 1st in 2024. The Executive MBA program held a consistent 7th position nationally from 2024 to 2026.

SPJIMR IIRF Ranking 2026

SPJIMR IIRF Ranking 2026

Analysis: The IIRF rankings show an improvement in SPJIMR's MBA ranking over the past three years. The institute ranked 1st in both 2025 and 2026, compared with 3rd in 2024. The Executive MBA program was ranked 5th in 2026, while rankings for the previous two years were not available.

Read More: SPJIMR PGPM Admission 2027-28

SPJIMR Times Of India MBA Ranking 2026

SPJIMR Times Of India MBA Ranking 2026

Analysis: The Times of India rankings show some variation in SPJIMR's national position over the last three years. The institute ranked 3rd in India in 2026, compared with 2nd in 2025 and 4th in 2024. At the state level, it retained the 1st position consistently across all three years.

Read More: SPJIMR Cutoff

SPJIMR World Ranking

SPJIMR Mumbai is featured in two prestigious Financial Times (FT) global rankings: the Financial Times Masters in Management (FT MiM) Rankings, which evaluates the Post Graduate Diploma in Management (PGDM) program for graduates, and the Financial Times Global MBA Rankings, which evaluates the Post Graduate Program in Management (PGPM) for experienced professionals.

SPJIMR Financial Times MiM Ranking

The Financial Times Masters in Management (FT MiM) Rankings 2025 ranked SPJIMR 35th globally among 100 ranked management programs, maintaining the same position as in 2024. SPJIMR is the highest-ranked Indian business school in the FT MiM Rankings for both years, placing it among the world's leading institutions for Masters in Management programs.

Year FT MiM Global Rank
2025 35
2024 35

SPJIMR Financial Times Global MBA Ranking

The Financial Times Global MBA Rankings 2026 included SPJIMR for the first time, ranking it 74th globally among 100 MBA programs. This ranking evaluates SPJIMR’s PGPM, designed for experienced professionals. Since this is SPJIMR’s first appearance in the FT Global MBA Rankings, historical ranking trends are not available.

SPJIMR Financial Times Global MBA Ranking
Note: FT Masters in Management (MiM) Rankings evaluate SPJIMR’s PGDM program, which is designed primarily for fresh graduates. The FT Global MBA Rankings evaluate the PGPM program for working professionals with prior experience. Both programs are assessed separately under different Financial Times ranking categories.

Analysis: SPJIMR’s FT MiM global rank of 35 has remained consistent across two consecutive years, placing the institute among the top 40 Masters in Management programs worldwide. Its debut in the FT Global MBA Rankings 2026 at rank 74 marks global recognition for the PGPM program and strengthens SPJIMR’s position among internationally ranked business schools.

Read More: SPJIMR Placement

SPJIMR Ranking FAQs

Ques. What is SPJIMR’s rank in the Collegedunia MBA Rankings 2026?

Ans. SPJIMR Mumbai is ranked 8th out of 350 management institutes in the Collegedunia MBA Rankings 2026, up from 10th out of 372 in 2025.

Ques. What is SPJIMR’s NIRF rank in 2025?

Ans. SPJIMR holds rank 20 out of 125 institutes in the NIRF Management Rankings 2025, with a total score of 62.06. It held the same rank in 2024 and 2023, giving it three consecutive years in the top 20 of the National Institutional Ranking Framework Management category.

Ques. Is SPJIMR ranked globally, and which international ranking lists include it?

Ans. Yes, SPJIMR appears in two Financial Times (FT) ranking lists. The FT MiM Rankings 2025 placed SPJIMR at rank 35 globally for its PGDM program, making it India’s top-ranked institute in this list for two consecutive years. The FT Global MBA Rankings 2026 placed SPJIMR at rank 74 globally for its PGPM program, marking its first entry into that ranking.

Ques. How does SPJIMR’s India Today MBA rank compare across years?

Ans. India Today ranked SPJIMR 5th in 2023, 3rd in 2024, and 4th in 2026. SPJIMR has remained within the top 5 in all three recent India Today MBA cycles. Variation across years reflects changes in the cohort and parameter weights used in each cycle.

Ques. What does SPJIMR’s IIRF rank of 1 indicate, and has it been consistent?

Ans. The Indian Institutional Ranking Framework (IIRF) ranked SPJIMR 1st out of 120 management institutes in 2026 and 1st out of 122 in 2025. In 2024, IIRF placed SPJIMR at rank 3 out of 110. The number 1 position in two consecutive years reflects high scores across IIRF parameters including governance, research output, industry interface, and academic quality.

Top Streams:


Top Agencies:

Collegedunia Ranking

SPJIMR MBA ranking by Collegedunia.com is 8 out of 350 colleges in India in 2026 and it was 10 out of 372 colleges in India in 2025.

Collegedunia.com
Stream / Category2026 Ranking2025 Ranking
MBA
Compare
#8  out of 350 in  India 2026
#2nd in Mumbai
#10  out of 372 in  India 2025
#2nd in Mumbai

Indiatoday Ranking

SPJIMR MBA ranking by India Today is 4 out of 270 colleges in India in 2026 and it was 3 out of 275 colleges in India in 2024.

India Today
Stream / Category2026 Ranking2024 Ranking2023 Ranking
MBA
Compare
#4  out of 270 in  India 2026
#2nd in Mumbai
#3  out of 275 in  India 2024
#2nd in Maharashtra
#5  out of 272 in  India 2023
#1st in Mumbai
Executive MBA
Compare
#7  out of 15 in  India 2026
#7  out of 15 in  India 2024
#7  out of 15 in  India 2023
#1st in Maharashtra

Financial Times Ranking

SPJIMR MBA ranking by Financial Times is 74 out of 100 colleges in International in 2026.

Financial Times
Stream / Category2026 Ranking
MBA
Compare
#74  out of 100 in  International 2026

The Week Ranking

SPJIMR MBA ranking by The Week is 6 out of 235 colleges in India in 2024 and it was 2 out of 193 colleges in India in 2023.

The Week
Stream / Category2024 Ranking2023 Ranking2022 Ranking
MBA
Compare
#6  out of 235 in  India 2024
#1st in Mumbai
#2  out of 193 in  India 2023
#1st in Mumbai
#5  out of 179 in  India 2022
#1st in Mumbai

NIRF Ranking

SPJIMR MBA ranking by NIRF is 20 out of 125 colleges in India in 2025 and it was 20 out of 125 colleges in India in 2024.

NIRF
Stream / Category2025 Ranking2024 Ranking2023 Ranking
MBA
Compare
#20  out of 125 in  India 2025
#3rd in Mumbai
#20  out of 125 in  India 2024
#3rd in Mumbai
#20  out of 125 in  India 2023
#3rd in Mumbai

Outlook Ranking

SPJIMR MBA ranking by Outlook is 2 out of 119 colleges in India in 2021 and it was 2 out of 155 colleges in India in 2020.

Outlook
Stream / Category2021 Ranking2020 Ranking
MBA
Compare
#2  out of 119 in  India 2021
#2  out of 155 in  India 2020

IIRF Ranking

SPJIMR MBA ranking by IIRF is 1 out of 120 colleges in India in 2026 and it was 1 out of 122 colleges in India in 2025.

IIRF
Stream / Category2026 Ranking2025 Ranking2024 Ranking
MBA
Compare
#1  out of 120 in  India 2026
#1  out of 122 in  India 2025
#3  out of 110 in  India 2024
Executive MBA
Compare
#5  out of 20 in  India 2026
#1st in Mumbai
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-

TOI Ranking

SPJIMR MBA ranking by The Times Of India is 3 out of 100 colleges in India in 2026 and it was 2 out of 100 colleges in India in 2025.

The Times Of India
Stream / Category2026 Ranking2025 Ranking2024 Ranking
MBA
Compare
#3  out of 100 in  India 2026
#1st in Mumbai
#2  out of 100 in  India 2025
#1st in Mumbai
#4  out of 100 in  India 2024
#1st in Mumbai

Financial Express Ranking

SPJIMR Overall ranking by Financial Express is 16 out of 50 colleges in India in 2019.

Financial Express
Stream / Category2019 Ranking
Overall
Compare
#16  out of 50 in  India 2019
#2nd in Mumbai

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SPJIMR: 2 Answered Questions

How would you rank the following business schools, ISB, IIM A, B, C, L, XLRI, FMS, and SPJIMR?

Aditi BanerjeeLives in Bangalore

All the aforementioned colleges are among the best B Schools in India so the choice between them depends on your preference and future prospects. You need to determine what exactly you want from the program and where your career currently is. 

In general, ISB is for people who have better industry experience, good leadership skills and decent academics. The other B Schools focus more on excellent academics throughout your career.

The ranking of these institutes in my opinion is ISB, IIM-A, B, C>IIM-L, FMS, XLRI,>SPJIMR

The above preference order is based on a number of factors like career progression, college market value perception, quality of faculty, quality of students, academic learning, quality of recruiters and infrastructure.

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How can I arrange the following according to an MBA/PGDM: NMIMS, Mumbai, SBIM, Pune, IIFT, Delhi, Great Lakes, Chennai, SPJIMR, Mumbai and JBIMS, Mumbai?

Kabya Kalbalia
Abijit AmbekarStudied at Symbiosis Institute of Business Management, Pune

I have given the preference order of the above-mentioned B Schools. However please remember this is based on my personal opinions and not any official figures

1st: NMIMS is one of the best schools in Mumbai with fewer fees and great specialization in Finance. Its distinguishing feature is its small batch size which is extremely beneficial for excellent placements. The companies that visit offer the best roles to their students mainly because of their credibility and strong alumni network.

2nd: SPJIMR too is located in Mumbai and is the second-best School after JBMINS. Its students intake is very good due to the strict selection process. The placements are at par with JBIMS but the fees are a bit higher. It's ranked in the top 3 in Operation and IT specialization in India.

3rd: One of the oldest institutes for MBA, IIFT is a good choice owing to its strong brand name and small batch size.

4th: SIBM Pune is a blend of everything; a Good campus, good corporate competition, hostel life, good infrastructure, faculty, and placement. It gives you an amazing MBA experience l.

5th: NMIMS Mumbai is great for MBA and is at par with SIBM. But I have ranked it the last owing to its high fees and larger batch size that requires a lot of competition during placements.

So the ranking is

NMIMS>SPJIMR>IIFT>SIBM Pune>NMIMS Mumbai

...Read More
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