S. P. Jain Institute of Management and Research

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S. P. Jain Institute of Management and Research

Motto	Sanskrit: Aa no bhadraah kratavo yantu vishwatah
Motto in English	Let noble thoughts come to us from every side
Type	Private business school
Established	1981; 44 years ago (1981)
Parent institution	Bharatiya Vidya Bhavan
Accreditation	AACSB AMBA
Dean	Dr. Varun Nagaraj
Location	Mumbai , Maharashtra , India
Campus	Urban area, 45 acres (18 ha)
Affiliations	AICTE, AIU
Website	spjimr.org

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 was ranked No. 1 among India’s top management institutes in the Financial Times Masters in Management (MiM) global rankings for 2023, one of the top 5 best business schools as per the Business Today ranking, and one of the top 5 business schools worldwide in terms of social impact by the Positive Impact Rating, a Swiss association. The institute is one of the top seven Indian business schools to make it to the QS Global MBA rankings for the year 2023.

With its innovative and socially conscious approach to management education, research and community engagement, SPJIMR aims to influence practice and promote value-based growth of its students and alumni, organisations and its leaders, and society at large.

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 [3] Institute for Master of Management Studies (MMS). Students from the first batch of 1983 were placed in several top companies, including BPCL, HDFC Ltd., Johnson and Johnson, Wipro, Asian Paints, Nerolac Paints Ltd., and Godrej and 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 the University of Mumbai, the MMS programme was renamed as PGDM.

In 1994 and 1995, new programmes – Development of Corporate Citizenship (DoCC) and Assessment and Development of Managerial and Administrative Potential (ADMAP) – were launched, respectively. In 1998, SPJIMR launched ‘Gita Shibir’, led by Dr. M.L. Shrikant. The programme has been renamed ‘Science of Spirituality’. In 2009, the PGDM programme was accredited by the National Board of Accreditation (NBA). In 2010, SPJIMR’s three programmes were accredited by The Association of MBAs (AMBA). In 2023, a total of six programmes were accredited. In June 2015, Dr. M.L. Shrikant was succeeded by Dr. Ranjan Banerjee as the Dean of the institute. In 2018, SPJIMR received accreditation from the Association to Advance Collegiate Schools of Business (AACSB). The Delhi campus 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 a Management Development Programme (MDP) room. It also has a new auditorium named after Dr. M.L. Shrikant. 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), Wise Innovation Studio for Emerging Technologies (WISE Tech) and Centre for Wisdom in Leadership (CWIL). The same year, PGPMBM – 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’s Wise Innovation Studio for Emerging Technologies (WISE Tech) inaugurated the Sunil Bhatia Start-up Resource Hub. Financial Times MiM 2024 Rankings: The institute retained its No. 1 position in India and ranked 35th globally in the Financial Times Master's in Management (MiM) 2024 rankings. AMBA Reaccreditation and BGA Accreditation: In March 2025, SPJIMR received reaccreditation from the Association of MBAs (AMBA) and earned accreditation from the Business Graduates Association (BGA), reinforcing its global standing.

SPJIMR offers many Post Graduate and Doctoral programmes for freshers as well as working executives.

1. Post Graduate programmes ● 2-year, full-time residential, Post Graduate Diploma in Management (PGDM) ● 18 months, full-time (online and on-campus) Post Graduate Programme in Management (PGPM) ● 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)

2. 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 an MBA without taking a career break. ● 13 months (blended mode), the Executive Programme in Business Management (PGPMBM) prepares executives for a continuously evolving and disruptive business landscape ● Post Graduate Programme in Development Management (PGPDM) is a 12-month modular programme for professionals working in or intending to work for the social sector, including NGOs, Foundations, CSR functions of corporate organisations, and social enterprises. ● 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.

The 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.

● Start Your Business (SYB) programme, held on weekends, is a hands-on, practical course designed to give you a head start within four months.

● Graduate Certification Programme in Entrepreneurship (GCPE) is a 1-month hybrid programme for undergraduates/fresh graduates, specifically tailored to help young, aspiring student entrepreneurs.

● Accelerators is a 4-month unique start-up accelerator that aims to bring together the best start-ups, CXO mentors, large corporates, and investors in the BFSI space for an exclusive acceleration programme. ● Ladies in Family Enterprise (LiFE) programme is an enriching 4-month management programme for women from business families offered by the SPJIMR Centre for Family Business & Entrepreneurship.

These experiential programmes offer the participants a unique portfolio of immersive experiences that accelerate their leadership qualities.

The courses are: 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 (PG Lab) is a four-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 and 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 four 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 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 the United Nations 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.

Wise Innovation Studio for Emerging Technologies (WISE Tech) The Centre focuses on innovation in the financial industry. WISE Tech’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.

SPJIMR is situated on a 45-acre campus, in the metropolis of Mumbai.^[1]

The Delhi Centre of SPJIMR is spread over 13,000 square feet, in the Bharatiya Vidya Bhavan Campus, on Kasturba Gandhi Marg.^[2]

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-schools (No. 4 AIR). In India, SPJIMR is ranked No. 20 in the All India Management Category by MHRD - National Institute Ranking Framework (NIRF) 2024. SPJIMR has, for the fourth consecutive year, been recognised as a pioneering school in the Positive Impact Rating (PIR) 2024.

SPJIMR has achieved significant milestones in global and national accreditations, underscoring its commitment to excellence in management education. SPJIMR is among a select group of business schools worldwide to have earned the prestigious ‘Triple Crown’ accreditation, comprising: ● EFMD Quality Improvement System (EQUIS): In December 2024, SPJIMR was awarded EQUIS accreditation, recognising its excellence in governance, programmes, research, internationalisation, and societal impact. This achievement places SPJIMR among the top 1% of global business schools.

● Association to Advance Collegiate Schools of Business (AACSB): SPJIMR received an extension of its AACSB accreditation in February 2024, reaffirming its dedication to high standards in teaching, research, and continuous improvement.

● Association of MBAs (AMBA): In March 2025, SPJIMR was re-accredited by AMBA for five years. Additionally, it earned accreditation from the Business Graduates Association (BGA), making it one of only three Indian institutions to hold both AMBA and BGA accreditations. The AMBA accreditation applies to the following programmes: PGDM, PGDM (BM), PGPM, PGEMP, PGPGM, PGPFMB, PGPDM, and PGDM Online.

Nationally, SPJIMR's Post Graduate Diploma in Management (PGDM) programme is accredited by the National Board of Accreditation (NBA) for a six-year period starting from July 1, 2022 . Furthermore, in January 2025, the Association of Indian Universities (AIU) granted Ph.D. equivalence to SPJIMR’s Fellow Programme in Management (FPM), reinforcing its commitment to academic excellence and national recognition.

SPJIMR has successful student-run clubs and intellectual activities that help in overall development. Spread across a plethora of interest areas such as theatre, music and sports, these clubs are managed by the students with faculty mentors.

SPARC SParc, is SPJIMR’s annual talk series presenting inspirational stories of students, alumni, faculty and known personalities.

OJAS OJAS is SPJIMR’s three-day annual cultural fest. Ranked as India’s 4th most popular B-school student festival, students from India’s leading business schools compete for top awards.

GASP The Guild of Actors at SPJIMR (GASP) is a student-driven initiative that enables students to express and manage their creativity through theatre productions.

GREY MATTER Organised by the students of PGDM’s ADMAP Committee, Grey Matter is SPJIMR’s Annual Quiz Competition where students, faculty, staff and alumni participate.

SPRINT SPJIMR’s annual sports festival SPRINT is one of the biggest B-school sports extravaganzas in India.

SARGAM SPJIMR’s annual music and dance night, SARGAM, features a slew of thematic performances by the participants.

EVENTS 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 and 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.

NOTABLE ALUMNI Business ● Madan Padaki, Co-founder and Director, Sylvant Advisors[48]

● Girish Wagh, Head, Commercial Vehicle Business Unit, Tata Motors[49]

● Pradeep Kar, Founder-Chairman and Managing Director, Microland[50]

● Anant Bajaj, Managing Director, Bajaj Electricals

● Rajesh Jejurikar, Executive Director (Auto and Farm Sectors), Mahindra Group[51]

● Deepak Iyer,[52] President at Mondelez International, India [53]

● Debjani Ghosh,[54] President, NASSCOM[55]

● Hardeep Singh,[56] Chief Executive Officer, 7-Eleven, India [57]

● Deepak Shetty,[58] Chief Executive Officer and Managing Director, JCB India [59]

● Mansi Madan Tripathy, Vice President, Asia Pacific at Shell[60]

● Lulu Raghavan, Managing Director at Landor and Fitch, India [61]

● Ritu Arora, CEO and Chief Investment Officer Asia, Allianz Investment Management [62]

● Ramki Sankaranarayanan,[63] Founder, President and CEO, Prime Focus Technologies [64]

● Anaheeta Goenka,[65] President at Mullen Lowe Lintas Group[66]

● Kaustubh Uday Dhavse, Public Policy Advisor, Government of Maharashtra, India

● Shalini Kapoor, India's first woman IBM Fellow[67]

● Sunil Bhatia ● Sujith Nair K ● Amit Kumar ● Sumit Sharma ● Parag Agarwal ● Naitik Bagla ● Mukesh Agarwal ● Priya Agrawal ● Swapnil Arun Gawande ● Archana Mittal ● Bharti SIngh ● Aaboo Varghese ● Vinay Shetty ● Dilip Jain ● Suraj Bahirwani ● Kaustubh Davse ● Mahesh Madhavan ● Ritu Pandey ● Balaka Niyazee ● Vinita Singh ● Arnab Ray ● Ram Iyer (Microsoft guy) ● Utham Gowda ● Abhijeet Gan

Arts ● Siddharth Suryanarayan, Indian film actor, screenplay writer, producer and playback singer[68] ● Vikarm Sampath, Indian historian and Fellow of the Royal Historical Society.[69]

Sports ● Dipankar Bhattacharjee, Olympian and National Badminton Champion, and founder of Dipankar's Badminton Academy, Guwahati.

SPJIMR alumni include:

Business

• Madan Padaki, co-founder and director of Sylvant Advisors^[3][4]
• Girish Wagh, head, commercial vehicle business unit Tata Motors^[5]
• Pradeep Kar, founder, chairman and managing director of Microland^[6]
• Anant Bajaj, MD, Bajaj Electricals
• Rajesh Jejurikar, Executive Director (Auto & Farm Sectors), Mahindra Group^[7]

Arts

• Siddharth Suryanarayan, Indian film actor, screenplay writer, producer and Playback singer^[8]
• Vikarm Sampath, Indian Historian and Fellow of Royal Historical Society.^[9]

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