| S. P. Jain Institute of Management and Research | |
| Motto: | Sanskrit: Aa no bhadraah kratavo yantu vishwatah |
| Mottoeng: | Let noble thoughts come to us from every side |
| Type: | Private business school |
| Dean: | Dr. Varun Nagaraj |
| City: | Mumbai |
| State: | Maharashtra |
| Country: | India |
| Campus: | Urban area |
| Parent: | Bharatiya Vidya Bhavan |
| Website: | spjimr.org |
| Affiliations: | AICTE, AIU |
S. P. Jain Institute of Management and Research (SPJIMR), a constituent of the eminent Bharatiya Vidya Bhavan (BVB), is a leading Indian business school established in 1981. Situated in the heart of Mumbai, the institute offers a broad portfolio of management programmes for individual participants and organisations. SPJIMR is currently ranked No. 1 among India’s top management institutes in the Financial Times Masters in Management (MiM) global rankings for 2023 and is the 5th best business school as per the Business Today ranking. The institute is one of the top seven Indian business schools to make it to the QS Global MBA ranking for the year 2023.
S. P. Jain Institute of Management and Research (SPJIMR) was inaugurated in 1981 by the then British prime minister, Margaret Thatcher, as the Bharatiya Vidya Bhavan's Institute for Master of Management Studies. Students from the first batch of 1983 were placed in several top companies, including BPCL, HDFC Ltd., Johnson & Johnson, Wipro, Asian Paints, Nerolac Paints Ltd, and Godrej & Boyce. In 1986, Dr. M.L. Shrikant joined the institute as the Dean and led SPJIMR for almost three decades, introducing new and innovative methods of teaching and imparting management education.
In 1992, SPJIMR acquired autonomous status. Post the institute’s delinking from Mumbai University, the MMS programme was renamed PGDM.In 1994 and 1995, new programmes - Development of Corporate Citizenship (DoCC) and ADMAP (Assessment and Development of Managerial and Administrative Potential) were launched respectively.In 1998, SPJIMR launched Gita Shibir led by Dr. M. L. Shrikant. The programme has now been renamed ‘Science of Spirituality’.In 2009, the PGDM programme was awarded NBA accreditation. In 2010, SPJIMR’s three programmes were given AMBA accreditation. In 2023, a total of 6 programmes got AMBA accreditation.In June 2015, Dr. M.L. Shrikant was succeeded by Dr. Ranjan Banerjee as the Dean of the institute.In 2016, SPJIMR set up a Design Thinking Lab to make learning more relevant and practical.
In 2018, SPJIMR received accreditation from the Association to Advance Collegiate Schools of Business (AACSB). The Delhi centre was also inaugurated in the same year with long-term and short-term programmes. In 2019, a new building was inaugurated with state-of-the-art classrooms, group work rooms, a Design Thinking Lab, a new library, and an MDP room. It also has a new auditorium named after Dr. M. L. Shrikant.March 2020 saw the world grapple with COVID-19 bringing life to a halt. SPJIMR was among the few institutes that got all the programmes online within 24 hours of the lockdown. Academics, inaugurations, farewells, and meetings went online seamlessly.In September 2021, Dr. Varun Nagaraj took over as the Dean of the institute.
In 2022, SPJIMR launched the four prestigious Centres of Practice: Centre for Innovation in Sustainable Development (CISD); Centre for Family Business and Entrepreneurship (CFBE);Centre for Financial Innovation (CFI), and Centre for Wisdom in Leadership (CWIL).The same year, PGP-MBM - an accelerated management programme for executives with less than five years of work experience was launched. In August 2022, the PGDM Business Management (BM) batch was inaugurated. In 2023, SPJIMR introduced the PGDM online programme. This online programme is specifically designed for professionals who wish to pursue formal management education while maintaining their jobs and residing in their current locations.
In July 2023, SPJIMR Centre for Financial Innovation (CFI) inaugurated the Sunil Bhatia Start-up Hub. In January 2024, SPJIMR’s Post Graduate Executive Programme in Fintech, Blockchain, AI/ML & Data Science (PGEPF) welcomed its first cohort.
SPJIMR’s logo unveiled in 2016 has five upward strokes representing the five personality attributes of the SPJIMR brand – authentic, dynamic, grounded, innovative, and socially sensitive.
SPJIMR acknowledges that traditional notions of innovation need to expand to consider a broader set of stakeholders, which requires wisdom, insight, and enlightenment. And hence, the pursuit at SPJIMR centres on “wise innovation.” This concept goes beyond mere novelty; it requires a nuanced understanding of innovation’s broader impact and implications.
SPJIMR offers many Post Graduate and Doctoral programmes for freshers as well as working executives.
Post Graduate Programmes● 2-year, full-time residential, Post Graduate Diploma in Management (PGDM)
● 18 months, full-time (online & on-campus) Post Graduate Programme in Management (PGPM)
● 11 months, full-time Post Graduate Management Programme for Women (PGMPW)
● 24 months, full-time Global Management Programme (GMP), part of the course is with partner schools in Europe/USA
● 24 months, full-time residential Post Graduate Diploma in Management (Business Management) PGDM (BM)
Executive Programmes
● 21 months, the modular Post Graduate Executive Management Programme (PGEMP) enables middle and senior management executives to transition into leadership roles.
● Post Graduate Programme in General Management (PGPGM) - an AICTE-approved alternate weekend programme for working executives who wish to pursue MBA without taking a career break.
● 13 months (blended mode), Executive Programme in Business Management (PGP-MBM) prepares executives for a continuously evolving and disruptive business landscape
● Custom Management Development Programmes (MDPs) in blended mode offer customised learning solutions that help organisations stay ahead in today’s ever-changing business world.
● Open Management Development Programmes (MDPs) in blended mode are best suited for mid-level and senior professionals looking for learning and development opportunities to propel their careers.
Doctoral Programme
● 4-year (full-time/part-time) Fellow Programme in Management (FPM) is an AICTE-approved Programme designed to create world-class researchers and faculty in various management disciplines.
Entrepreneurship Programme
● Start Your Business (SYB) Programme held on weekends is a hands-on, practical course designed to give you a head start within 4 months.
● Graduate Certification Programme in Entrepreneurship (GCPE) is a 1-month hybrid programme for undergraduates/fresh graduates, specifically tailored and curated to help young, aspiring student entrepreneurs to get a head start.
● FinNovate Accelerator is a 3-month unique start-up accelerator that aims to bring together the best start-ups, experienced mentors, and large corporates in the BFSI space for an exclusive acceleration programme.
These experiential programmes offer the participants a unique portfolio of immersive experiences that accelerate their leadership qualities.
Abhyudaya is a transformative experiential learning course in which participants of the full-time PGDM programme mentor school children from underprivileged backgrounds.
Assessment of Managerial and Administrative Potential (ADMAP), is a unique immersive experience enabling participants to develop their administrative capabilities and management skills experientially.
Development of Corporate Citizenship (DoCC) is an initiative that offers participants immersive social internships across India and South Asia to engage with grassroots communities and organisations.
Personal Growth Lab (PGLab) is a 4-day experiential learning intervention scheduled at the beginning of the participants’ MBA journey. PGLab combines in-class human relations laboratory exercises, scientific assessments, conceptual inputs, reflections, practical management lessons, and outbound activities.
Science of Spirituality is a reflective and experiential course anchored in practices and insights from Eastern wisdom traditions such as Advaita Vedanta, and Buddhism.
International Immersion is a specially-curated multi-week/month exchange programmes with prestigious universities abroad.
Design & Innovation is a first-of-its-kind Design Thinking Lab or Maker Space that incorporates many opportunities to design creative solutions for problems across domains.
The 4 Centres of Practice were set up with the main objective of bridging the gap between research and practice. They offer hands-on opportunities for students to learn and contribute to the communities.
Centre for Innovation in Sustainable Development (CISD)The Centre is a networking and knowledge hub for the community of NGOs, policymakers, and commercial organisations who are developing solutions that address sustainable development goals outlined in the UN’s 2030 Agenda for Sustainable Development.
Centre for Family Business and Entrepreneurship (CFBE)
The Centre provides family business leaders with the skills, ecosystem network, global outlook, and mindset required to pursue business growth while sustaining family values.
Centre for Financial Innovation (CFI)
The Centre focuses on innovation in the financial industry. CFI’s objective is to establish an ecosystem that promotes innovation, collaboration, and thought leadership in finance.
Centre for Wisdom in Leadership (CWIL)
The Centre enhances conventional leadership development approaches currently deployed by corporate learning and development professionals, with wisdom traditions drawn from the East and West.
| Type: | Institute |
| Bt 2022: | 5 |
| Nirf B 2022: | 21 |
| Qs B 2023: | 151–200 |
| Qs B A 2023: | 27 |
| Ft Mim 2022: | 44 |
Internationally, SPJIMR is ranked No. 29 in Asia in the QS Global MBA rankings for the year 2023. The Financial Times has ranked SPJIMR No.1 in India (No. 40 globally), in its Masters in Management 2023 ranking. It is ranked 1st among all private B-schools in India in the Business Today-MDRA B-Schools Ranking 2023. The MBAUniverse.com 2023 ranks SPJIMR as No. 1 among all India private B-School (No. 4 AIR). In India, SPJIMR is ranked No. 20 in All India Management Category by MHRD - National Institute Ranking Framework (NIRF) 2023. SPJIMR, has for the third consecutive year, been recognised as a pioneering school in the Positive Impact Rating (PIR) 2023.
SPJIMR is accredited by AACSB International (Association to Advance Collegiate Schools of Business). The accreditation recognizes institutions that demonstrate a keen focus on excellence in teaching, research, curriculum development, and student learning.
AMBA accreditation recognises the highest standards of achievement earned by the best postgraduate business education programmes in the world. Six of SPJIMR’s leading programmes have received the prestigious AMBA recognition, namely Post Graduate Diploma in Management (PGDM), Post Graduate Programme in Management (PGPM), Post Graduate Executive Management Programme (PGEMP), Post Graduate Programme in General Management (PGPGM), Post Graduate Programme in Family Managed Business (PGPFMB), and Post Graduate Programme in Development Management (PGPDM).
The National Board of Accreditation is one of the two major bodies responsible for accrediting higher education institutions in India. SPJIMR’s PGDM programme received its first accreditation in 2007. PGDM has been accredited by the NBA for six years with effect from July 01, 2022.
SPJIMR has a couple of very successful student-run clubs and intellectual activities that help in the overall development of the students. Spread across a plethora of interest areas such as theatre, music, and sports, these clubs are managed by the students with the faculty as their mentors.
SParc, is SPJIMR’s annual talk series presenting inspirational stories of students, alums, faculty, and known personalities.
OJAS is a 3-day annual cultural fest of SPJIMR. It has been ranked as India’s 4th most popular B-school student festival where students from India’s leading business schools compete for the top awards.
GASP, the Guild of Actors at SPJIMR, is a student-driven initiative that enables participants to express and manage their creativity through theatre productions.
GREY MATTER is SPJIMR’s Annual Quiz Competition where students, faculty, staff, and alums participate. It is organised by the students of PGDM’s ADMAP Committee.
SPRINT is the annual sports festival and is one of the biggest B-school sports extravaganzas in India.
SARGAM is the annual music and dance night featuring a slew of thematic performances by the participants.
Demo Day: Beta Start is CFBE’s flagship Pitch Day event, aimed at empowering and accelerating the growth of upcoming seed/pre-seed stage start-ups by providing them with a platform to showcase their innovative ideas to investors, industry experts, and other stakeholders. Beta Start 1.0 was organised in January 2023 and concluded successfully with the Demo Day event in February 2023. The event witnessed 100+ registrations leading to 15 start-ups racing for the title.
Indian Management Conclave (IMC) 2023: SPJIMR hosted the 13th Indian Management Conclave 2023. The conference was held at SPJIMR Mumbai on October 13-14, 2023. Organised by MBAUniverse.com in partnership with India’s top B-schools and knowledge organisations, Indian Management Conclave (IMC) is India’s definitive annual Management Education Conference & Awards platform.
Management Practice Insight
MPI is an open-access journal that seeks to provide actionable, evidence-based insights to managers and business leaders worldwide. MPI aims to publish articles, inspired by recent, top-tier academic research, which highlight how these academic insights have practical implications for managers.
SPJIMR alumni include: