S. P. Jain Institute of Management and Research

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 (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

Overview

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.

History

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.

Academic

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.

Campus

SPJIMR Mumbai Campus

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

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

A lecture hall at SPJIMR

Rankings

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.

Notable alumni

SPJIMR alumni include:

Business

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

Arts

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