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.
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 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.
SPJIMR is situated on a 45-acre campus, in the metropolis of Mumbai.[1]
The campus is equipped with hostels, Wi-Fi, cafeterias and recreation spots like a large lake.[2]
The Delhi Centre of SPJIMR is spread over 13,000 square feet, in the Bharatiya Vidya Bhavan Campus, on Kasturba Gandhi Marg.[3]
Academics
SPJIMR offers several post graduate full-time programmes, such as:
2-year, Post Graduate Diploma in Management (PGDM) [4]
18-month, Post Graduate Programme in Management (PGPM) [5]
11-month, Post Graduate Management Programme for Women (PGMPW) [6]
6-months at the Global Management programme (GMP), India and completion of the programme at partner schools in Europe/USA.[7]
Full-time doctoral programme, Fellow Programme in Management (FPM) [8]
Modular programmes, such as:
SPJIMR Convocation 201918-month modular programme for family businesses, the Post Graduate Family Managed Business (PGFMB) programme.[9]
21-month modular programme for working executives, the Post Graduate Executive Management Programme (PGEMP).[10]
2-year executive programme at the Delhi centre, the Post Graduate Programme in General Management (PGP-GM).[11]
18-month executive management programme for professionals working in the social development sector, Post Graduate Programme in Development Management (PGPDM) [12]
Internationally, SPJIMR was ranked in the 151–200 band in the QS "Global MBA Rankings 2023"[17] and 27 in Asia.[18] It was ranked 44 in the world in Financial Times's "Masters in Management 2022" ranking.[19]
SPJIMR has been awarded accreditation by AACSB International (Association to Advance Collegiate Schools of Business).[22]
SPJIMR's PGDM programme has been granted “A” grade accreditation of India by National Board of Accreditation (NBA) [23] and the Association of Indian Universities (AIU) recognises the two-year course as equivalent to an MBA degree from an Indian university.[24]
The PGDM, PGPM, PGEMP, PGPGM, PGPFMB and PGPDM programmes are accredited by the Association of MBAs (AMBA), UK.[25]
The PGDM, PGPM and FPM programmes are approved by All India Council for Technical Education (AICTE).[25]