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…
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
<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>
Frequently Asked
Questions
Common questions students ask about SPJIMR — admission, fees, placements and more.
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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