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SPJIMR campus
Government Since 1981 Mumbai, Maharashtra

SPJIMR

SPJIMR is a government institution located in Mumbai, Maharashtra, India, established in 1981. It offers 9+ courses across undergraduate and postgraduate levels. The institution is…

#20 NIRF
Ranking
₹ 7,500,000
Highest Package
₹10 Lakh – ₹49 Lakh
Fees
9+
Programs

Scholarships & Financial Aid

Merit-based and need-based financial assistance programs.

Scholarship details for the 2026 intake are currently being updated.

Scholarships

175 words · www.spjimr.org

Official site

<p>SPJIMR offers two named financial aid schemes for PGDM and PGDM (Business Management) students: Merit-Cum-Means Based Financial Assistance and the Mirae Asset Foundation (MAF) Scholarship.</p>
<p>Both schemes are assessed after you join the programme. Applications are typically invited during the July cycle after the programme begins.</p>
<p><strong>Merit-Cum-Means Based Financial Assistance</strong></p>
<ul>
<li>Who qualifies: First- and second-year PGDM and PGDM (BM) students. Assessment is based on financial need, academic performance, and conduct.</li>
<li>Coverage: Partial or full reimbursement of the tuition fee component of the programme fee.</li>
<li>Number of awards: Variable.</li>
</ul>
<p>Applications are reviewed by a designated panel, which decides the level of assistance.</p>
<p><strong>Mirae Asset Foundation (MAF) Scholarship</strong></p>
<ul>
<li>Who qualifies: First- and second-year PGDM and PGDM (BM) students from families with annual income below INR 8 Lakhs.</li>
<li>Amount: INR 5 Lakhs per recipient.</li>
<li>Number of awards: Two per year — one for a first-year student and one for a second-year student.</li>
</ul>
<p>SPJIMR is a private autonomous institution and does not follow government-mandated category-based fee waiver policies. Financial assistance is provided through institute and partner-supported scholarship mechanisms based on eligibility criteria.</p>

Published by the college on www.spjimr.org Visit site

Frequently Asked
Questions

Common questions students ask about SPJIMR — admission, fees, placements and more.

Verified Information 2026

Course fees at SPJIMR range from ₹10 Lakh – ₹49 Lakh per year depending on the program.

SPJIMR offers admission to its PGDM and PGPM programs on the basis of CAT or GMAT scores. Applicants should aim for 98 percentile and above. Candidates with 50% marks in graduation are eligible to apply. Shortlisting of the applicants will be based on their profiles, followed by two rounds of interviews. The final sele

At SPJIMR, the highest package recorded is ₹ 7,500,000 and the average package is ₹ 3,375,000.

SPJIMR is a government institution located in Mumbai, Maharashtra, India. It was established in 1981.

SPJIMR holds an NIRF ranking of #20 in India.

SPJIMR offers 9+ programs across undergraduate and postgraduate levels, listed with fees under Courses & Fees.

Applications for SPJIMR are submitted through its official website, https://www.spjimr.org/, or through the counselling body applicable to your chosen course.

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Official course guide & fee structure