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; 43 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 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.

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.

In July 2023, SPJIMR Centre for Financial Innovation (CFI) inaugurated the Sunil Bhatia Start-up Hub. In January 2024, SPJIMR’s Post Graduate Executive Programme in Fintech, Blockchain, AI/ML & Data Science (PGEPF) welcomed its first cohort.

SPJIMR’s logo unveiled in 2016 has five upward strokes representing the five personality attributes of the SPJIMR brand – authentic, dynamic, grounded, innovative, and socially sensitive.

• Our values guide each of us at SPJIMR to act with courage and heart and live our mission – ‘to influence managerial practice and promote value-based growth’.

• Socially-sensitive: Using Sustainable Development Goals (SDGs) as our call to action, we seek to serve all sections of society, including those on the margins.

• Open-minded: We value diversity and inclusion and make space for a range of ideas, including those that challenge us.

• Committed to individual & team excellence: We pursue our individual goals with passion while supporting and delighting in our colleagues’ successes.

• Action-oriented: We innovate and act decisively on our intent, knowing that perfect is the enemy of good.

SPJIMR acknowledges that traditional notions of innovation need to expand to consider a broader set of stakeholders, which requires wisdom, insight, and enlightenment. And hence, the pursuit at SPJIMR centres on “wise innovation.” This concept goes beyond mere novelty; it requires a nuanced understanding of innovation’s broader impact and implications.

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

Post Graduate Programmes

●  2-year, full-time residential, Post Graduate Diploma in Management (PGDM)

●  18 months, full-time (online & on-campus) Post Graduate Programme in Management (PGPM)

●  11 months, full-time Post Graduate Management Programme for Women (PGMPW)

●  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)

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 MBA without taking a career break.

●  13 months (blended mode), Executive Programme in Business Management (PGP-MBM)  prepares executives for a continuously evolving and disruptive business landscape

●   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.

Doctoral Programme

●  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.

Entrepreneurship Programme

●   Start Your Business (SYB) Programme held on weekends is a hands-on, practical course designed to give you a head start within 4 months.

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

●   FinNovate Accelerator is a 3-month unique start-up accelerator that aims to bring together the best start-ups, experienced mentors, and large corporates in the BFSI space for an exclusive acceleration programme.

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

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 (PGLab) is a 4-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 & 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 4 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 the 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 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.

Centre for Financial Innovation (CFI)

The Centre focuses on innovation in the financial industry. CFI’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.

Internationally, SPJIMR was ranked in the 151–200 band in the QS "Global MBA Rankings 2023" ^[1] and 27 in Asia. ^[2] It was ranked 44 in the world in Financial Times's "Masters in Management 2022" ranking. ^[3]

In India, SPJIMR was ranked 21 in the National Institutional Ranking Framework (NIRF) management ranking of 2022. ^[4] It was ranked fifth by Business Today's "India's Top Five B-Schools Yearly Ranking In 2022". ^[5]

SPJIMR has been awarded accreditation by AACSB International (Association to Advance Collegiate Schools of Business). ^[6]

SPJIMR's PGDM programme has been granted “A” grade accreditation of India by National Board of Accreditation (NBA) ^[7] and the Association of Indian Universities (AIU) recognises the two-year course as equivalent to an MBA degree from an Indian university. ^[8]

The PGDM, PGPM, PGEMP, PGPGM, PGPFMB and PGPDM programmes are accredited by the Association of MBAs (AMBA), UK. ^[9]

The PGDM, PGPM and FPM programmes are approved by All India Council for Technical Education (AICTE). ^[9]

SPJIMR alumni include:

Business

• Madan Padaki, co-founder and director of Sylvant Advisors ^{[10] [11]}
• Girish Wagh, head, commercial vehicle business unit Tata Motors ^[12]
• Pradeep Kar, founder, chairman and managing director of Microland ^[13]
• Anant Bajaj, MD, Bajaj Electricals
• Rajesh Jejurikar, Executive Director (Auto & Farm Sectors), Mahindra Group ^[14]
• Deepak Iyer, ^[15] President at Mondelez International, India ^[16]
• Debjani Ghosh, ^[17] President, Nasscom ^[18]
• Hardeep Singh, ^[19] CEO, 7-Eleven, India ^[20]
• Deepak Shetty, ^[21] Chief Executive Officer and Managing Director - JCB India ^[22]
• Mansi Madan Tripathy, Vice President, Asia Pacific at Shell ^[23]
• Lulu Raghavan, Managing Director at Landor & Fitch, India ^[24]
• Ritu Arora, CEO & Chief Investment Officer Asia, Allianz Investment Management ^[25]
• Ramki Sankaranarayanan, ^[26] Founder, President & CEO of Prime Focus Technologies ^[27]
• Anaheeta Goenka, ^[28] President at Mullen Lowe Lintas Group ^[29]
• Kaustubh Uday Dhavse, Public Policy Advisor, Government of Maharashtra, India
• Shalini Kapoor, India's first woman IBM Fellow ^[30]

Arts

• Siddharth Suryanarayan, Indian film== actor, screenplay writer, producer and Playback singer ^[31]
• Vikarm Sampath, Indian Historian and Fellow of Royal Historical Society. ^[32]

Sports

• Dipankar Bhattacharjee, Olympian and National Badminton Champion, and founder of Dipankar's Badminton Academy, Guwahati ^[33]

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