SPJIMR PGPFMB Family Managed Business: Fees 2025, Course Duration, Dates, Eligibility

Andheri West, MumbaiEstd 1981
#1 For MBA By IIRF 2025  
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Collegedunia Team

Content Curator | Updated on - Jul 31, 2025

Course Description

PGPFMB Family Managed Business at SPJIMR is a 1 Year 6 Months Diploma. The course is offered On Campus as a Full Time program. SPJIMR PGPFMB Family Managed Business Total Fees is INR 17,05,000 for 2024.

Candidates must have at least Graduation to be eligible for admissions. Check SPJIMR Admission 2025

According to IIRF Rankings 2025 for Management, SPJIMR ranks 1 out of 122 in India. Earlier, the institute ranked 3 out of 110 institutes in India.

SPJIMR PGPFMB Family Managed Business Fees 2025

SPJIMR PGPFMB Family Managed Business Fee has not been released yet. For reference you can check the previous year academic fees in the section below.

SPJIMR PGPFMB Family Managed Business Previous Fees

Fees (2024 - 2025) Total Fees
Total Fees (2024 - 2025) 17.05 Lakhs

* Fees is refundable

SPJIMR PGPFMB Family Managed Business Admission 2025

The minimum eligibility for admission to PGPFMB Family Managed Business at SPJIMR is Graduation.

SPJIMR Ranking 2025

SPJIMR ranking 2025 has been released. You can check the agency-wise engineering ranking for SPJIMR in the table below.

Ranking Agency Latest Previous
Collegedunia.com
#1 out of 122 (2025)
#3 out of 110 (2024)
Collegedunia.com
#2 out of 100 (2025)
#1st Mumbai
#4 out of 100 (2024)
#1st Mumbai
Collegedunia.com
#10 out of 371 (2025)
#1st Mumbai
#1 Maharashtra
#6 out of 608 (2023)
#1st Mumbai
#1 Maharashtra
Collegedunia.com
#3 out of 275 (2024)
#5 out of 272 (2023)
#1st Mumbai
#1 Maharashtra
Collegedunia.com
#6 out of 235 (2024)
#1st Mumbai
#1 Maharashtra
#2 out of 193 (2023)
#1st Mumbai
#1 Maharashtra
Collegedunia.com
#20 out of 125 (2024)
#3rd Mumbai
#4 Maharashtra
#20 out of 125 (2023)
#3rd Mumbai
#4 Maharashtra
Collegedunia.com
#2 out of 119 (2021)
#2 out of 155 (2020)

Also Check:

Eligibility Criteria

- Graduation in any discipline from a recognised university.
- A minimum of 3 years of full-time work experience in the family business. Applicants must be currently working in their family business or have immediate plans to join it after the programme.
- Typical age range is 22-35 years, though this can be flexible based on the overall profile.

Admission Procedure: The admission process typically involves:
- Online application form submission and payment of a non-refundable application fee.
- A thorough evaluation of the candidate's profile, including academic background and their involvement/role in the family business.
- Submission of an essay outlining their motivations, aspirations, and how the programme aligns with their role and the future of their family business.
- A personal interview (which may include an assessment of the family business context). The programme has multiple cohorts/batches throughout the year, with admissions operating on a rolling basis.

Entrance Exam : No specific external entrance examination (such as CAT, GMAT, XAT, etc.) is required. Admission is based on an Online Aptitude Test, profile evaluation, and personal interviews

Course Details

The total fee for the program is INR 17,05,000 plus 18% GST, excluding hostel, domestic and international travel, and any other incidental expenses. The fees can be paid in a lump sum on admission or in installments –

  • Registration Fees – INR 1,00,000 / 1,18,000 (with 18% tax) – To be paid at the time of admission
  • First Instalment – INR 8,50,000 / 10,03,000 (with 18% tax) – To be paid as per the date informed, before the start of the batch
  • Second Instalment – INR 7,55,000 / 8,90,900 (with 18% tax) – To be paid three months after the batch start date

Note: Fee payments are not accepted in cash.

Fees Structure

Description Due date Amount in INR Amount in INR including 18% GST
on tuition fees and 12% GST on hostel fees
Registration Before the start of the Batch 100000 118000
First installment Before the start of the Batch 850000 1003000
Second installment Three months after the batch started. 755000 890900
Total   1705000 2011900

Show More
Post Graduate Program in Family Managed Business [PGPFMB] 
total fees:  ₹18,98,000
1 Year 3 MonthsFull Time
(Based on 184 views last year)
22 Students have shown interest in the last 30 days
Total Fees (2025 - 2026)₹18.98 Lakhs

SP Jain (SPJIMR) Fees

Important Updates

SPJIMR Upcoming Important Dates 2025


Expired Events

EventsDates
Last Date to Submit Application Form for Phase II Admission [GMP]Apr 15, 2025
Last Date to Submit Application Form for Phase I Admission [GMP]Feb 15, 2025

Do you think the Dates are wrong ?  Report Here

SPJIMR Post Graduate Program in Family Managed Business [PGPFMB] Ranking

SPJIMR Management ranking by IIRF is 1 out of 122 in India in 2025 and it was ranked 3 out of 110 in India in 2024. SPJIMR Management ranking by The Times Of India is 2 out of 100 in India in 2025 and it was ranked 4 out of 100 in India in 2024. SPJIMR Management ranking by Collegedunia.com is 10 out of 371 in India in 2025 and it was ranked 6 out of 608 in India in 2023

IIRF Ranking


TOI Ranking

#2 out of 100 in India 2025 

Collegedunia Ranking

#10 out of 371 in India 2025 
#1st in Mumbai
#1 in Maharashtra

Do you think the Rankings are wrong ?  Report Here

View Previous Year Fees

Total Fees₹17.05 Lakhs
Total Fees₹17.05 Lakhs

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SPJIMR: 1 Answered Question

Which is better, SPJIMR PGPFMB or SP Jain GFMB?

Advait JoshiLives in Mumbai, Maharashtra, India

SPJIMR PGPFMB (Post Graduate Programme in Family Managed Business) is a better and clear choice between the two.

This program was launched by SPJIMR in the year 1997, so it is quite a renowned program. This program has a network of 4000+ alumni to take guidance from. This program offers a classroom learning experience, and it last for 18 months. 

The fee for the program is 16 lac for 18 months. While the GFMB program was launched recently by SP Jain Global, so if you have a choice, then I would recommend you to go for PGPFMB.

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