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Compare NMIMS vs SPJIMR: Which Management College is Better?

Juhee PrasadUpdated On: September 03, 2019 05:32 pm IST | NMAT by GMAC

SPJIMR and NMIMS are some of the top B-Schools in West India that offer top quality management education. Here is a comparison between SPJIMR and NMIMS for the MBA/PGDM course, fees, placements, faculty, infrastructure, facilities, alumni and other details.

Compare NMIMS vs SPJIMR: Which Management College is Better?

Planning for upcoming MBA exams and worried about which college to choose after that? There is a solution to your problem. NIRF has released a list of top MBA colleges in India with rankings and other relevant details. However, we all know that the rank of any institute is not enough to determine whether or not it is the right pick for you. If you are looking at the top b-schools in west India, SPJIMR and NMIMS are amongst the best options. The major advantage with these colleges is that they are located in Mumbai, the business hub of India. But if given the opportunity to study in both of these colleges, which one will you pick? We have the answer to this question for you below.

S.P. Jain Institute of Management and Research (SPJIMR), Mumbai and Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, are colleges that can definitely fit-in your choice list if you are looking for a quality learning experience and the right kind of industry exposure. CollegeDekho can help you decide the best college for your future goals. All you need to do is compare NMIMS and SPJIMR and find out the best college as per your requirements.

One of the things that can help you choose the college of your dreams is the placements at SPJIMR and NMIMS placements. the number of companies visiting both the colleges and the average packages can help you determine which college is offering better ROI and will make it easier for you to afford education. However, there are various other factors such as the fees, student strength affiliation that play an important role in decision making while picking a college. Check the detailed comparison of NMIMS and SPJIMR below:

College Comparison: NMIMS Vs SPJIMR

Name of the Institute

Naresee Monjee

S.P. Jain Institute of Management and Research (SPJIMR)

Year of Establishment


Approved By



University of Mumbai

Associations of Indian Universities



Entrance Exam


Courses Offered

  • PGPFMB Business Excellence Programmes
  • PGMP for Women
  • Executive PGDM
  • PGDM
  • Global Management Programme
  • PGP in Development Management
  • PGP in Family Business Management
  • Post Graduate Executive Management Programme
  • Owner Business Management
  • Women’s Management Programme
  • Advanced Leadership Programme in Energy Management
  • Post Graduate Certificate in Advanced Project Management
  • Agile Project Management

Total Number of Seats

  • MBA: 500 seats
  • MBA Pharmaceutical Management: 60 seats
  • PGDM - Hyderabad campus: 120 seats
  • PGDM - Navi Mumbai: 60 seats
  • PGDM - Bengaluru campus: 180 seats
  • MBA Human Resource: 60 seats
  • PGDM - Indore campus: 60 seats

*30% Seats in the MBA or PGDM Programs of NMIMS will be offered to Girls.

PGDM: 276 seats

Fees Range

  • MBA/MBA HR Program: Apx Rs. 8.75 lakh
  • PGDM Bangalore /Hyderabad /Navi Mumbai /Indore: Rs.7.25 lakh
  • MBA Pharmaceutical Management: Apx Rs. 5.25 lakh
Rs. 9.37 lakh to Rs. 19.99 lakh varying from programme to programme

Average Package

  • MBA Core: Rs. 17.58 LPA
  • MBA HR: Rs. 13.57 LPA
Rs. 22.24 LPA

Highest Package

  • MBA Core: Rs. 34.11 LPA
  • MBA HR: Rs. 20.76 LPA
Not Available

Number of Companies Visiting Campus

  • MBA Core:166
  • MBA HR: 43

Popular Companies Visiting Campus

MBA Core:

  • Bajaj FinServ
  • ITC
  • Barclays
  • L’Oréal
  • Vodafone
  • Lava International Sunlife
  • Sony Music


  • Honeywell
  • H&R Johnson
  • ICICI Bank
  • Ferry
  • Interiors Info
  • HPCL
  • IOCL
  • Korn
  • IBM
  • Larsen & Toubro
  • Aditya Birla Group
  • General Electrics
  • Deloitte
  • Mahindra & Mahindra
  • Bristlecone
  • Reliance
  • GEP
  • Amazon
  • Flipkart
  • Cloudtail
Exchange Program NMIMS has tie-ups with various universities such as Athens University, Harvard, ESSCA, Grenoble Ecole De Management, Case Western Reserve University, Royal Melbourne Institute of Technology, etc for exchange programs.IntEx (International Exposure) Program in the second year sends students for an exchange program to countries such as Japan, USA, etc. Students from Germany, France, Singapore and other universities abroad visit SPJIMR for an exchange program.

Students at NMIMS have to spend 6-8 weeks for a summer project between the 1st and the 2nd year while pursuing a full-time MBA. The project has 100 marks.

SPJIMR is the only b-school that has autumn internships as compared to summer internships. The students opt for internships after they choose their specialisation. Also, by the time the students opt for the internships, they study a few subjects related to the specialisation and are better prepared.

Entrepreneurship CellNMIMS has an Entrepreneurship Cell which conducts various workshops, competitions, events and entrepreneurship forums.

SPJIMR has a Start-Up Incubation Centre which is accessible to all the alumni, faculty and people who participate in the relevant courses at SPJIMR.

Unique Selling Point (USP)NMIMS has partnered with the Harvard Business School for a Faculty Development Programme.SPJIMR is known for its NCL (Non-Classroom Learning) programme.

Also Read: Location & Financial Times Ranking of top 20 MBA Degrees Online

Admission and Selection Process at SPJIMR Mumbai and Narsee Monjee:

If you are planning to target either of the above-mentioned institutions, remember to check for the eligibility criteria required for the admission and selection process. Candidates planning for SPJIMR must clear CAT or XAT to become eligible for admission. Whereas, the marks of the entrance exam accepted by NMIMS is NMAT by GMAC. The selection process will also include marks obtained by the candidates in the group discussion and personal interview conducted by each institute. Read in detail about the selection process of SPJIMR Mumbai and NMIMS selection processto find out about the different stages of admission and shortlisting at the two colleges.

Also Read: Check for MBA Colleges in West India, Along with Courses, Selection Process & Fees.

Colleges Similar to SPJIMR Mumbai and Narsee Monjee

Given below is the list of colleges which are similar to SPJIMR Mumbai and Narsee Monjee:

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