SPJIMR Mumbai PGDM Admission 2023: Check Course Fee, Eligibility & Last Date to Apply

SPJIMR Mumbai PGDM Admission 2023: S P Jain Institute of Management and Research (SPJIMR) is an elite management school located in the heart of India's financial district, Mumbai. It is part of the Bharatiya Vidya Bhavan and is regarded as one of India’s best management schools. It operates as an autonomous institute with entrepreneurial agility and is frequently ranked among India's top ten best management institutes.

SPJIMR was founded in 1981 by the former British Prime Minister, the Late Hon. Margaret Thatcher, with the purpose of influencing practice and promoting value-based growth. It expands on this objective through pedagogical innovations and ground-breaking programmes, blazing a trail in management education.

At any given time, more than 1,200 people from various backgrounds are engaged in a variety of management programmes at SPJIMR. The famous AACSB International - The Association to Advance Collegiate Schools of Business - has accredited SPJIMR certification. The All-India Council for Technical Education has authorised the PGDM and other programmes (AICTE). The Association of MBAs (UK) and the National Board of Accreditation have also accredited the PGDM programme (NBA). Here is everything students need to know about SPJIMR Mumbai PGDM admission 2023.

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Highlights of SPJIMR Mumbai PGDM Admission 2023 

Check out the significant highlights of the SPJIMR Mumbai PGDM admission 2023 for aspirants to get a brief idea:

SPJIMR Mumbai PGDM Admission Dates 2023

The application window for SPJIMR's PGDM admission 2023 is about to shut. SPJIMR important dates 2023 for the flagship PGDM programme for the 2023 batch are listed below:

About SPJIMR Mumbai PGDM Course

The Post Graduate Diploma in Management (PGDM) at SPJIMR is a two-year, full-time residential programme that is comparable to an MBA. SPJIMR's PGDM programme aims to develop young, value-based leaders who balance business and social purpose. The management school in Mumbai strives to deliver a superior learning experience to their participants by fostering teamwork and facilitating experiential learning through its participant-centric approach. Participants are exposed to high levels of global relevance, particularly through advanced specialised courses and projects with SPJIMR's highly renowned foreign partner schools, in addition to a plethora of pioneering non-classroom learning activities.

SPJIMR will set graduates' careers off to a rapid start with its reputation and great track record of student placement and success, which is evident in the PGDM programme's leading position in the global FT ranking. However, the entire pedagogical approach to management experience - which balances knowing, doing, and being - will equip aspirants for long-term success and social contribution.

Here are the differentiators that set SPJIMR PGDM apart from the competition:

• Location: Mumbai is a booming metropolis that also serves as India's financial hub. Mumbai, home to the majority of Global Fortune 500 business headquarters and India's largest stock exchanges, provides maximum exposure to economic and commercial activities.
• Purpose: SPJIMR's PGDM allocates the most credits and time to sensitising its students to management's greater mission in society among India's best MBA programmes.
• Flexibility: The curriculum allows students to choose a minor specialisation and to modify their main or ‘major’ specialisation.
• Ranking: SPJIMR is pleased that its numerous advancements have been recognised through rankings. The business school is regarded among India's top 10 programmes.

SPJIMR Mumbai PGDM Specialisations

SPJIMR Mumbai PGDM programme has been approved by the All India Council for Technical Education (AICTE) and is accredited by the National Board of Accreditation (NBA) and The Association of MBAs (AMBA) in the United Kingdom. The programme provides four specialisations for PGDM students to pursue: 

• Finance
• Information Management
• Marketing and Operations
• Supply Chain

SPJIMR Mumbai PGDM Eligibility Criteria 2023

To be admitted to SPJIMR's PGDM programme, applicants must have a solid and consistent academic background. The following are the eligibility requirements for candidates interested in pursuing SPJIMR Mumbai's PGDM programme in 2023:

• Applicants should have a bachelor's degree with at least 50% marks or an equivalent CGPA from any of the universities established by an Act of Parliament or declared to be deemed as a University under Section 3 of the UGC Act, 1956, or an equivalent qualification recognised by the Ministry of HRD, Government of India.
• The candidate's bachelor's degree or comparable qualification must include at least three years of education after completing higher secondary schools (10+2) or equivalent. The degree must be granted by a college/institute/university recognised by the Association of Indian Universities (AIU).
• Applicants in their last year of a degree, as well as those who have completed their degree but are awaiting results, are eligible to apply. The applicant must have received 50% or above in the most recently completed exam.
• If selected, such applicants must present the University's degree by December 31, 2018, or else their registration will be regarded as provisional. If the candidate does not submit the degree before December 31, 2018, his or her registration in the programme will be cancelled.
• If the applicants underwent/completed an integrated master's degree or dual degree immediately following their 12th/HSC, the percentage of marks received as per their institute/university norms, which is deemed comparable to a bachelor's degree, will be considered.
• For applicants who are awaiting their bachelor's degree final results, available marks from earlier semesters/years will be used to calculate graduation percentage.
• Applicants who do not have a bachelor's degree but have passed their CA/ICWA/CS will be evaluated based on an average of their internal and final marks.

SPJIMR Mumbai PGDM Admission Fees 2023

For Indian students, the fee for the SPJIMR Mumbai PGDM programme for the Batch of 2022-24 is INR 20.42 lakhs (approx.). Tuition, basic hostel/accommodation, and Global Fast Track are all included in this cost. It does not cover the cost of Global Fast Track travel, boarding, housing, visa, insurance, and incidentals. However, selected candidates for the PGDM programme are eligible for merit-based financial assistance. Any financial support will be offered only after the programme begins. This help is contingent on the panel's approval.

SPJIMR Scholarships

The primary goal of the Financial Support and Mirae Asset Foundation Scholarship is to provide financial assistance to meritorious and needy students in their first and second years of SPJIMR Mumbai's PGDM programme. The scholarship will be available only once the programme begins. Every academic year, the procedure will be repeated. The merit-based scholarships will be available to second-year students based on their first-year performance.

• Merit Cum - Means-Based Financial Assistance: The institute provides financial assistance to needy first and second-year students based on an assessment of need, academic performance, extra-curricular activities, and behaviour. The financial support will take the form of tuition reimbursement for the PGDM cost structure. Typically, applications are accepted in the month of July. A panel will assess the student's financial necessity as well as the veracity of the information submitted. Applicants receive partial or full financial support based on the panel's evaluations.
• Mirae Asset Foundation (MAF) Scholarship: The Mirae Asset Foundation established the MAF Scholarship to grant scholarships to meritorious and needy first and second-year students whose household income is less than INR 8 lakhs. Mirae Asset Organisation is an Indian charity foundation that works mostly in the field of educational development in India. The foundation's activities span from granting scholarships to students at all levels of study to working on educational projects with institutional partners such as schools, colleges, government agencies, civil society organisations, and others. MAF will provide a scholarship of INR 10 lakhs per year for two first-year students (INR 5 lakhs per student) and INR 10 lakhs per year for two second-year students. 
• Merit-Based Scholarship: Students who are chosen for International Exchange and meet specified requirements will be eligible for a scholarship to cover expenses as exchange students at a partner B-School of international renown. The scholarship will cover expenditures such as return travel from India to the foreign B-School, visa and insurance fees, and lodging throughout the term of study. The scholarship amount will be based on actuals, up to a maximum of INR 2 lakhs, and will be distributed after the Institute gets the grades from the partner schools. Students who rank among the top 30 in their batch based on CGPA at the end of the first year of the programme will be eligible for the Merit-Based Scholarship. Following the start of the Program, additional criteria for the selection procedure for International Outgoing Exchange and the scholarship will be distributed.

SPJIMR Mumbai PGDM Admission Process 2023

The SPJIMR Mumbai PGDM application procedure is now open. The SPJIMR Mumbai PGDM application process for 2023 is entirely online. Candidates interested in admission should go to the SPJIMR's official website. The following are the steps of the SPJIMR Mumbai PGDM application process 2023:

• Step 1: Go to the SPJIMR official website and click on the Menu button in the upper right corner of the screen, then select the 'Academic Programmes' tab.
• Step 2: Now, in the next box that appears on the screen, select the desired course and click on the 'Admissions' option.
• Step 3: Scroll down and click on the yellow 'Apply Now' button.
• Step 4: The registration form will now be displayed on the screen. Fill in all of the essential information and click 'Register.'
• Step 5: Candidates will be notified by email if their registration was successful. To proceed with the application, access the email account and click on the verification link in the email to finish the application process, which includes uploading all required papers and submitting the application fee of INR 1,500.
• Step 6: Download and save the application form for future use. 

Documents Required for SPJIMR Mumbai PGDM Admissions 2023

While applying for the SPJIMR Mumbai PGDM programme, the following documents must be asked to submit from the side of aspirants registering for this course online:

• Entrance exam score reports of CAT/GMAT 
• Valid and authorised identity card (like Driving License/ Aadhar Card/ PAN Card/ Voter’s ID card/ Passport, etc.)
• Past academic transcripts
• Birth Certificate

SPJIMR Mumbai PGDM Admissions 2023 Shortlisting Process

The applicants are selected based on their profiles. They must also get qualifying scores on at least one of the entrance tests. Profiles are scored, and applicants are divided into two groups: profile-based (first phase) and profile-cum-score-based (second phase).

Interview Shortlists

The shortlist is based on their profile, taking into account the following factors:

• Academic record consistency,
• Relevance of work experience to the selected speciality,
• Versatility and accomplishments.

In the case of a profile-based shortlist, meeting the minimum eligibility cutoff in the admission exam is required to appear for the interview. Early interviews are advantageous to applicants since they prevent conflict with other interview calls during the admissions season. It allows the institute to stagger interviews and ensure that the interview process remains robust even when the number of people being interviewed is huge.

Shortlists for the Second Phase

This phase is held following the release of entrance test results. Applicants in this step are invited to interviews based on their profile as described above, as well as their success in the entrance tests.

• Round 1 personal interviews for PGDM 2023-2025 will be held online on a platform chosen by the institute.
• Round 2 interviews will take place in person. After the shortlists are announced, detailed information about the interview process/requirements will be shared with the shortlisted applicants.

Final Selection List

The applicant's profile, academic record, admission test results (CAT/GMAT), relevance of work experience (if any), and performance in the two rounds of group interviews are all considered in the selection process.

SPJIMR does not permit the deferment of an admission offer to a later year. Any misrepresentation or suppression of information by an applicant at any point of the admissions process or subsequently will result in instant disqualification from SPJIMR.

SPJIMR Mumbai PGDM Cut-Off 2023

Aspirants for the SPJIMR PGDM course should be aware that the call cut-off is always higher than the qualifying cut-off. In addition, SPJIMR, like other IIMs and elite B-Schools, accepts both sectional and overall cut-offs for admission. The total qualifying cut-off for SPJIMR Mumbai PGDM admission 2023 is 85 percentile for General category applicants. The table below shows the SPJIMR shortlist (qualifying) cut-off for all areas of the CAT and GMAT:

Note: Candidates should be aware that their final selection for SPJIMR PGDM admission 2023 is dependent on their success in the PI round as well as a variety of other considerations including academic background, work experience, entrance exam score, versatility, and achievements, among others.

SPJIMR Mumbai PGDM Placements

The placement performance in terms of average salaries offered, the number of participating companies, and the speed with which offers were distributed reflected SPJIMR's goodwill, the institute's deep and lasting relationships with the corporate sector, and the strong value that MBA participants bring to the companies for which they work. It also emphasised the institute's agility and resilience, as well as the students' readiness to take on demanding tasks and deliver on corporate goals with social sensitivity. The final placements process was performed online for the first time, building on the experiences of participants who used online platforms for the autumn internships.

Students, educators, and businesspeople have not interacted in person since the pandemic-induced lockdown went into place in March of last year. To suit the convenience and security needs of businesses, a number of platforms and procedures were established for the process. This year, the average yearly wage (cost-to-company) is INR 26.06 lakhs. This is consistent with the levels recorded last year. The median annual income was INR 25 lakhs per annum, with over 26% of the batch receiving offers in excess of INR 30 lakhs per annum and more than 80% receiving offers in excess of INR 20 lakhs per annum.

Despite the challenges posed by the pandemic, approximately 50% of the batch secured PPO/PPI opportunities through the autumn internship and corporate competitions with companies such as Amazon, Boston Consulting Group, Colgate Palmolive, Hindustan Unilever, Procter & Gamble, and Tata Administrative Services, among others. The significant number of offers in a year defined by substantial changes in the business environment demonstrated high levels of faith in the unique SPJIMR autumn internship concept. Participants in this programme complete autumn internships in September-October after completing their specialisation courses, making them more business ready.

If you have any questions about the SPJIMR Mumbai PGDM admission 2023, please contact our student counsellor. Simply dial our toll-free helpline number 1800-572-9877 to speak with a counsellor.