- The total fees for Fellowship is ₹ 12 Lakhs.
Earlier, Fellowship fees at SPJIMR was ₹ 12 Lakhs (in 2025) for the entire course duration. This shows that the fee has remained unchanged since 2025.
Fellowship at SPJIMR is a 4 years, Full Time Degree program offered On Campus. It offers a limited number of 10 seats.
According to Collegedunia Management Ranking 2025, SPJIMR ranks 10 out of 370 colleges in India with an overall score of 1947.7 out of 2000 and a placement score of 957 out of 1000. NIRF Management ranking 2025, ranks SPJIMR at 20 out of 125 in India.
Find detailed SPJIMR Fellowship fees, eligibility, admission dates, cutoff and ranking below.
| Course Highlights | Details |
|---|---|
| duration | 4 Years (Full Time) |
| course level | PG (Degree) |
| mode of study | On Campus |
| total fees | ₹ 36 Lakhs |
| eligibility | Post Graduation with 60%+CAT |
Earlier, Fellowship fees at SPJIMR was ₹ 12 Lakhs (in 2025) for the entire course duration. This shows that the fee has remained unchanged since 2025.
| Fee Type | Total Amount (INR) |
|---|---|
| total fee | ₹36 Lakhs |
| Events | Dates |
|---|---|
| Admission Timeline [Ph.D] (Management) | Nov 26, 2025 - Feb 25, 2026 |
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SPJIMR Mumbai (PGPM), a top management school in India, provides high-quality education. The course balances theoretical and practical knowledge and emphasizes leadership abilities.
Many leading companies recruit the institute's graduates each year. Amazon, McKinsey & Company, and Accenture recruit SPJIMR Mumbai (PGPM) grads at 26 LPA on average.
SPJIMR Mumbai (PGPM) has strong placement records despite not being as well known as other IIMs. SPJIMR Mumbai (PGPM) has continually been one of India's top management colleges for placements. Below is a table comparing fees and placement records of SPJIMR and IIMs;
|
College |
Fees (MBA/PGDM) |
Highest Salary Package |
Average Salary Package |
|
SPJIMR |
INR 20.42 Lakhs |
INR 77.8 LPA |
INR 33.02 LPA |
|
IIMs |
INR 12 Lakhs to INR 28 Lakhs |
INR 35 LPA to INR 1.14 CPA |
INR 15 LPA to INR 34 LPA |
SPJIMR Mumbai (PGPM) offers a high-quality management education with a focus on leadership and a good possibility of securing a high-paying job after graduation. It may not have the same prestige as some IIMs, but it is a respected institute with a successful track record. Hope it helps, choose wisely, All the best!
For SPJIMR, there are two rounds of interviews. These are both group interviews, with the first one focusing on inquiries related to your chosen field of expertise and the second round focusing on your morals and values.
In my friend’s case, no questions about information management were asked, but there were times when inquiries about the Internet of Things, artificial intelligence, and other hot subjects in this industry were made. It is best to arrive prepared according to your chosen specialization and to have some knowledge of the other specializations, such as finance, operations, and marketing. Everyone in the group was required to express their opinion on a particular supply chain problem, regardless of the field they chose to study. There are no domain-specific questions in the second round.

Choosing a B-school can be a tricky decision especially when it comes to ROI. I understand that ROI is one of the most important factors when it comes to MBA courses since funding your education with loans come with its own set of challenges. But the institutes that you have mentioned above certainly surpass the challenges since they belong to the tier 1 category.
You might come across articles and blogs stating that FMS or JBIMS do not provide a typical MBA environment but for me, that discussion does not even make sense. What is an MBA environment after all? You spent 2 years of your life at the campus and wish to land a good job. FMS, JBIMS, and IIT Bombay all three have good market reputations, they home the best candidates and charge minimal fees. So, if ROI is even a little bit of a concern for you, go for these colleges without any second thought or regret.
There are a few differences in the course calendar of SPJIMR and the IIMs that you should be aware of.
The major difference is that SPJIMR's flagship 2-year MBA course has Autumn Internship while IIMs have Summer Internship. In Autumn Internship, you will have completed most of your first-year B-school knowledge, which is a plus point when applying for corporate internships. Additionally, SPJIMR's famous Sem-III, which is a semester for Specialization courses, would have been completed by then. During this semester, you will undergo live projects which is like a near-internship experience and helps you a lot in your actual internship. However, this can keep you away from interacting with students from other B-Schools, unlike in the case of the Summer Internship. During the Autumns Internship selection process, roles are Specialization Specific, and having completed Sem-III restricts the roles you can take outside of your specialization.
With the completion of the Autumn Internship, the final placement season is usually 3/4 months away, giving companies time to roll out PPI/PPO wisely and allowing students to choose prudently between PPI/PPO and the option to be part of Final placements. However, this can leave students with less time for preparation for finals if they don't get PPI/PPO or reject those.
There are also a few minor differences in the course calendar. For example, in the summer, SPJIMR has Social Internship, whereas IIMs have a corporate internship. Additionally, in the mid-second year, SPJIMR students fly to the US for Fast-Track Learning, which is not available in IIMs. The second year for SPJIMR students is mostly busy with Sem-III then GFT then Autumns Internship. Thus SPJIMR students take part in corporate competitions (likes of LIME, Mahindra War Room, TBLA, etc.) during the first year itself, although this is just a norm. SPJIMR also offers numerous Minors (viz. Analytics, Finance, Consulting, Strategy, etc.). But the Analytics semester overlaps with International Exchange Semester. This means students can either do a Minor in SPJIMR OR an International Exchange at Foreign Universities.
Overall, while the timing of the internships is different, SPJIMR's Autumn Internship can be an advantage for you, and the live projects in Sem-III can provide you with valuable experience. However, you should also consider the minor differences and how they may affect your interests and goals.
IPM does not offer a BBA degree but you will receive a BA degree for your undergrad coursework (Foundations in Management). The subjects taught at the undergraduate level are vastly different from those taught in any other BBA program. Any decision based on an assumption about the IPM curriculum can land you in big trouble.
Returning to the question, I'm not familiar with the specifics of the four-year Tri-City programme, but I'm sure it entails a lot of learning from an institute like SPJ.
Comparisons can be made when other IIMs launch courses similar to IPM, which does not appear to be happening anytime soon. Until then, IPM would be a clear winner in terms of undergrad management education.
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