Best MBA College & Business School in Mumbai, India - About Us

Our Vision

We aspire to be India’s most innovative and socially responsive school of management.

We create knowledge and influence practice by combining original research and thought, innovative pedagogy and proactive industry engagement.

How we add value to our stakeholders

Students: Our students become value-based leaders of tomorrow with a global mindset and social sensitivity. We do this through the creation of a collaborative and engaging two-way learning experience. Our student body is diverse - spanning adults at different career phases and from a multitude of sectors.

Corporates: Leading corporates and entrepreneurs see us as the preferred academic partner.

Alumni: Our alumni are our brand ambassadors. They are deeply engaged members of an extended community. Significant aspects of our strategy are co-created and executed in partnership with alumni.

Society at large: We develop leaders for the underserved sections of the society.

Faculty: We provide an enriching, flexible and challenging work environment which allows faculty members to pursue excellence in their chosen areas of interest.

Employees: We provide an enriching, flexible, and challenging environment for employees to learn and grow.

International partners: We are the preferred partner for leading international institutions which seek to partner with academia.

What does SPJIMR mean to you? Watch our faculty and alumni share their distinctive SPJIMR experiences here #IamSPJIMR

Our Mission and Guiding Principles

Since its founding in 1981, SPJIMR has aimed to ‘Influence Practice and Promote Value-based Growth’ that is inclusive and sustainable. As a member of the Bharatiya Vidya Bhavan, we view ourselves in a wider context as a ‘Beyond MBA’ institution, understanding the relevance of business decisions on society, including its underserved sections.

We are guided by a few core principles as we pursue our mission:

(a) A learner-centric pedagogy that balances learning, doing, and being.

(b) A range of non -classroom learning experiences that create socially sensitive, co-operative, ethical, and reflective leaders.

(d) An emphasis on industry relevance and social impact in our teaching and research

(e) A synthesis of western efficiency and eastern ethos in how we learn, live, and grow.

Approvals and Accreditations

All India Council for Technical Education (AICTE)
www.aicte-india.org

Following programmes have been approved by AICTE:

Post Graduate Diploma in Management (PGDM) - 2-year, full-time programme
Post Graduate Programme in Management (PGPM) - 15-month, full-time programme, approved under the AICTE nomenclature of PGDM (Executive)
Fellowship Programme in Management (FPM) - 4-year, full-time funded doctoral programme (extendable by 1 year)
Post Graduate Programme in General Management (PGP-GM) - 2-year, part-time programme for working executives, approved under the AICTE nomenclature of PGDM (Executive Management Programme)

AICTE Approval Letter 2021-2022

Mandatory Disclosures

Click here to see previous AICTE Approvals

AICTE Graded Autonomy ‘Category-I’ Status to SPJIMR

As per the provisions of AICTE [Categorisation of Standalone Institutions for Grant of Graded Autonomy] Guidelines 2019, based on National Board of Accreditation (NBA) accreditation score to SPJIMR’s PGDM programme, AICTE has granted Graded Autonomy Category-I status to SPJIMR for the period 2020 to 2024.

AACSB International-The Association to Advance Collegiate Schools of Business
http://www.aacsb.edu/about

SPJIMR joins the league of top global B-schools who are accredited by AACSB, International. AACSB Accreditation recognizes institutions that have demonstrated a focus on excellence in all areas, including teaching, research, curricula development, and student learning.

The Association of MBAs (AMBA), U.K
http://www.mbaworld.com/

AMBA, the UK-based global accreditation agency has accorded accreditation to our two-year, full time, residential Post Graduate Diploma in Management (PGDM); 15-month full-time Post Graduate Programme in Management (PGPM); 21-month modular Post Graduate Executive Management Programme (PGEMP); 24-month modular Post Graduate Programme in General Management (PGPGM); 18-month modular Post Graduate Programme in Family Managed Business (PGPFMB) and the 18-month modular Post Graduate Programme in Development Management (PGPDM).

National Board of Accreditation (NBA)
www.nbaind.org

The NBA has accredited our PGDM programme for six years with effect from July 01, 2016.
NBA Accreditation 2016-2021 NBA Accreditation 2021-2022

NBA Accreditation Status
1	List of Programmes Accredited	PGDM 2-Year, Full-Time Accredited for 6 years (2016 to 2022)
2	Applied for Accreditation
3	Applied but Visit not happened	NIL
4	Visit happened but result awaited	NIL
5	List of programmes Not Applied	NIL
6	List of programmes, Not Eligible	PGDM (Executive) 15-Month, Full-Time Fellow Programme in Management 4-Year, Full-Time PGDM (Executive Management Programme) 2-Year, Part-Time

Organisation and Governance

Dean

Varun Nagaraj
varun.nagaraj@spjimr.org

Associate Deans

Preeta George
Professional & Executive Programmes
preeta.george@spjimr.org

Renuka Kamath
Full-time Programmes
rkamath@spjimr.org

Snehal Shah
Academics & Research
snehal.shah@spjimr.org

Programmes

Post Graduate Diploma in Management (PGDM) Sajeev Abraham George sajeev.george@spjimr.org	Post Graduate Programme in Management (PGPM) Nilendra Singh Pawar nilendra.pawar@spjimr.org	Post Graduate Executive Management Programme (PGEMP) Anshul Verma anshul.verma@spjimr.org
Post Graduate Management Programme for Women (PGMPW) Ashita Aggarwal ashita.aggarwal@spjimr.org	Post Graduate Programme in Family Managed Business (PGP-FMB) Tulsi Jayakumar tulsi.jayakumar@spjimr.org	Global Management Programme (GMP) Milind Kamat milind.kamat@spjimr.org
Fellow Programme in Management (FPM) Snehal Shah snehal.shah@spjimr.org	Post Graduate Programme in Development Management (PGPDM) Prabhat Pani prabhat.pani@spjimr.org	Post Graduate Programme in General Management (PGP-GM) Ruppal W Sharma ruppal.sharma@spjimr.org

Areas

Design Thinking Lata Dhir lata@spjimr.org	Economics Preeta George preeta.george@spjimr.org	Finance Hemant Kumar Manuj hemant.manuj@spjimr.org
General Management & Strategy Rajiv Agarwal rajiv.agarwal@spjimr.org	Information Management Shailaja Jha shailaja.jha@spjimr.org	Marketing Thomas Puliyel thomas.puliyel@spjimr.org
Operations and Supply Chain Management Debmallya Chatterjee debmallya.chatterjee@spjimr.org	People & Performance Mihir Ajgaonkar mihir.ajgaonkar@spjimr.org	Quantitative Methods Suranjan Das suranjan@spjimr.org

Functions

Accreditations Anupama Gupta anupama.gupta@spjimr.org	Admissions Bindu Kulkarni binduk@spjimr.org	Alumni Relations Ratika Gore ratika.gore@spjimr.org
Communications Vineeta Dwivedi vineeta.dwivedi@spjimr.org	Examination Saswat Patra saswat.patra@spjimr.org	Executive Education Saadia Lobo saadia.lobo@spjimr.org
Finance Suresh G. Lalwani slalwani@spjimr.org	Human Resources Preobroto Ganguly preobroto.ganguly@spjimr.org Daya Sajnani daya.sajnani@spjimr.org	International Relations Prem Chandrani pchandrani@spjimr.org Malay Krishna malay.krishna@spjimr.org
Marketing Sashi Shankar sashi.shankar@spjimr.org	Office of Research & Innovation Snehal Shah snehal.shah@spjimr.org	Placements Bhishm Chugani bhishm.chugani@spjimr.org

Centres of Excellence

Center for Innovation in Sustainable Development (CISD) Prabhat Pani prabhat.pani@spjimr.org	Center for Family Business and Entrepreneurship (CFB&E) Tulsi Jayakumar tulsi.jayakumar@spjimr.org	Centre for Financial Studies (CFS) Neeraj Swaroop neeraj.swaroop@spjimr.org
Centre for Wisdom in Leadership (CWIL) Surya Tahora surya.tahora@spjimr.org

Shri Deepak Parekh - Chairman (Nominated by the Trust) Trustee BVB & Chairman, HDFC Ltd.	Shri H.N. Dastur - Member (Nominee of the Trust) Executive Secretary & Director General, Bharatiya Vidya Bhavan	Shri Banwarilal Purohit - Member (Nominee of the Trust) Trustee, Bharatiya Vidya Bhavan
Dr. Anitesh Barua - Academic thought leader / Educationist. Professor, Department of Information, Risk, and Operations Management, University of Texas, Austin	Prof. Om Narasimhan - Academic thought leader / Educationist. Professor of Marketing and Deputy Head of Department (Faculty Development), London School of Economics and Political Science	Dr. Radhika Santhanam - Academic thought leader. Director, Division of Management Information Systems, Michael F. Price Chair of Management Information Systems, Price College of Business, The University of Oklahoma
Mr. Yogi Sriram - Corporate leader Advisor to CEO & MD; Group Human Resources Larsen & Toubro Limited & SPJIMR Alumni	Ms. Ireena Vittal - Corporate leader Former Partner, McKinsey & Co.; and independent director on the boards of several leading corporations	Ms. Anjali Bansal - Corporate leader Founder – Avaana Capital; Former global Partner & Managing Director with TPG Growth PE, Spencer Stuart India CEO; and strategy consultant with McKinsey and Co in New York and India.
Mr. R. Gopalakrishnan - Corporate leader CEO, The Mindworks, author of management books and former Director, Board of Tata Sons; Executive in Residence at SPJIMR	Mr. Rajesh Jejurikar - Alumni representative Executive Director, Auto & Farm Sectors at Mahindra Group & SPJIMR Alumni	Dr. Varun Nagaraj - Dean, SPJIMR
Dr. Vasant Sivaraman - Faculty representative Professor – Finance & Strategy; Associate Dean – Academics and Full-time Programmes (AD-AF)	Dr. R. Sesha Iyer - Faculty representative Professor and Advisor to the Dean, SPJIMR	Dr. Preeta George - Faculty representative Professor- Economics; Group Head- Economics; Associate Dean - Executive Education and Modular Programmes (AD-EM)

Shri Surendralal G. Mehta (President & Trustee)	Shri Banwarilal Purohit (Vice-President & Trustee)
Shri Avnish Mehta (Trustee & Member)	Shri Rajnish Mehta (Trustee & Member)
Shri Harsh Vardhan Kanoria (Trustee)	Smt. Shobhana Bhartia (Trustee)
Shri Deepak S. Parekh (Member & Trustee)	Shri Mukul A. Sonawala (Hon. Secretary & Trustee)
Shri I. R Khandwala (Hon. Treasurer & Trustee)	Shri C. R. Gharekhan (Member & Trustee)
Shri S. G. Aney (Member & Trustee)	Dr. Dinesh K. Daftary (Trustee)

Awards & Recognition

Date	Event / Competition
June 17, 2021	UN PRME Positive Impact Rating (PIR) “Level 5” rating, Recognised as a “pioneering school” for social impact and sustainability achievements. A student-led ranking that reflects the positive social impact of the school as seen and evaluated by its students. SPJIMR was recognised for its innovative community-based actions, environmental and socially responsible culture and governance, and a strong teaching focus on responsible leadership. know more

Date

Event / Competition

June 17, 2021

UN PRME Positive Impact Rating (PIR)
“Level 5” rating, Recognised as a “pioneering school” for social impact and sustainability achievements.
A student-led ranking that reflects the positive social impact of the school as seen and evaluated by its students. SPJIMR was recognised for its innovative community-based actions, environmental and socially responsible culture and governance, and a strong teaching focus on responsible leadership. know more

Date	Event / Competition
May 2019	Global Compact Network India, the Indian arm of United Nations Global Compact, that aids in aligning business with #UN Goals #SustainableDevelopmentGoals held their annual convention on 31st May 2019 Grand Hyatt Mumbai SPJIMR won a certificate of merit for featuring in the Top 11 for #SDGs. Prof Vineeta Dwivedi hosted the event that featured 30+ renowned speakers. Prof Rukaiya Joshi, Prof Deepa Krishnan and Prof Chandrika Parmar attended the event. SPJIMR is an institutional member of United Nations Global Compact Network, India
August 2- 3, 2019	SPJIMR's PGPDM wins bronze award for ‘Excellence in Management Education’ at the Indian Management Conclave (IMC). Chief Guest Hon’ble Former President of India, Shri Pranab Mukherjee presented the award at the 10th edition of the Indian Management Conclave, 2019 held in New Delhi on August 2 and 3, 2019. Chairperson of SPJIMR’s Post Graduate Programme in Development Management (PGPDM), Dr Rukaiya Joshi made a presentation about the recent innovations of the programme. PGPDM is a specialised executive management programme for professionals in the social development sector (NGOs, Corporate CSRs and Social Enterprise) and is noted for innovations in new knowledge creation, innovation pedagogy and structured learning reflections. Indian Management Conclave is India's definitive annual Management Education Conference & Awards Platform, organised by MBAUniverse.com in partnership with India’s top B-schools and knowledge organisations. know more
November 27, 2019	Bhavan's SPJIMR won the award for 'Excellence in Institutional Social Responsibility', at the 6^th Federation of Indian Chambers of Commerce & Industry (FICCI) Higher Education Excellence Awards 2019 on November 27, 2019 in New Delhi. Dr Ruppal Walia Sharma, Head - SPJIMR Delhi Center received the award, on behalf of the Institute, from the Chief Guest Shri Nitin Gadkari, Minister of Road Transport and Highways of India.

Date	Event / Competition
May 5, 2018	Mahindra Group won UN GCNI Award for Best Innovative Practices for Women at Workplace for successfully implementing a first of its kind Women Leaders Program (WLP) in collaboration with SPJIMR in March 2018.
June 8, 2018	SPJIMR bags the prestigious Innovative Practices Award 2018! SPJIMR was conferred the prestigious Innovative Practices Award 2018 by the United Nations Global Compact Network India during the 13th National Convocation of GCNI on June 8th at Shangri La in Bangalore. The award is for two of our initiatives, Abhyudaya and DoCC which address two SDGs, quality education and partnership for the goals. A total of 65 organisations across India, including public and private sector enterprises, multinationals, MSMEs (Micro, Small and Medium Enterprises), NGOs, Entrepreneurs and B-schools had submitted entries for the awards in the form of case studies to showcase their efforts, aligned with one or more of the 17 UN SDGs.
September 08, 2018	Dr Tulsi Jayakumar received the K C Malkani Award for Best Teacher in Economics at HEF teachers day celebration
February 04, 2019	SPJIMR's PGMPW program won the AMBA Innovation Award 2019, reflecting innovation in the way a business school responds to societal needs, cares to bring about a change and take risks to make it happen. The AMBA Excellence Awards celebrates the quality and achievements of post-graduate business education at the forefront of leadership excellence, recognizing the talents and contributions made by AMBA accredited business schools. The award was received by Dr. Ashita Aggarwal , Chairperson, PGMPW at the ceremony held in London, England on February 1, 2019. know more
March 2019	Dr. Sesha Iyer has been voted as the InsideIIM Professor of The Year2019 from SPJIMR, Mumbai. InsideIIM presents an opportunity to students across MBA campuses in India to acknowledge and recognise the best professors who have contributed in creating leaders out of students.

Date	Event / Competition
August 04, 2017	At the Indian management conclave held on August 4 & 5, 2017 at IIM Lucknow's Noida campus, our initiative on 'teaching With Simulations' received the first prize in the area of "Aligning Curriculum with Desired MBA competencies" This is a national level competition open to all business schools in India. know more
August 09, 2017	Every year, AACSB runs a contest called 'Innovations That Inspire'. 'Innovations That Inspire' is an AACSB initiative to " recognise institutions that stand out as champions of change” and “to highlight the variety of ways that business schools are changing the face of business education.” In 2017,AACSB received a pool of 315 submissions, spanning 33 countries and 188 institutions. We are happy to share that for the second year running, SPJIMR is the only Indian school to feature in the prestigious ‘Innovations That Inspire’ list. We received the award under the category 'Engaging a Diverse Community.' The citation this year came to SPJIMR for its innovative academic initiative, the PGMPW, which launched its maiden batch of 20 women participants earlier in the year. The programme is designed to meet the needs of women leaders and managers who are ready to return to their careers after a break. Know more
September 05, 2017	Dr. Sesha Iyer, one of the senior-most faculty members of SPJIMR was honoured at the 8th Teachers’ Day event of the Higher Education Forum (HEF), which is a large community of individuals and practitioners in the area of higher education in India. Dr. Iyer was awarded for his outstanding contribution in the area of Operations Management. HEF celebrated Teachers’ Day last weekend(Sept 9) in the presence of more than 150 delegates, awardees and HEF members. Know more
November 20, 2017	Turnitin Writing with Integrity Award winner for Asia! - Her story stood out among the hundreds of other nominations for the Turnitin Global Innovation Awards 2017 and based on her interview and recommendations from their international judging panel Dr. Haldar was selected as a winner. know more

Date	Event / Competition
September 05, 2016	HEF awards committee through the process of nomination / identification has selected Dr. Renuka Kamath for the Best Teacher Award in Marketing. HEF is the community of individuals & practitioners of higher education in India. The journey started a few years ago through Google group and today with more than 4,000 members, it is the largest such on-line community in India. The motto of the group is singular: to help development of an Indian higher education system that is world class in terms of quality & excellence. The forum has also been incorporated as a Public Charitable Trust.
February 8, 2017	SPJIMR was honoured at the Open Group global awards in Bengaluru on Wednesday 8 Feb, 2017. The citation and the award, received on behalf of SPJIMR by Professors Oscar D'Souza and AditiDivatia. The award was given to SPJIMR by Open Group in recognition of the pioneering work done in "Competency Development" by the faculty of the Information Department in Enterprise Architecture and TOGAF.

Date

Event / Competition

September 05, 2016

HEF awards committee through the process of nomination / identification has selected Dr. Renuka Kamath for the Best Teacher Award in Marketing.
HEF is the community of individuals & practitioners of higher education in India. The journey started a few years ago through Google group and today with more than 4,000 members, it is the largest such on-line community in India. The motto of the group is singular: to help development of an Indian higher education system that is world class in terms of quality & excellence. The forum has also been incorporated as a Public Charitable Trust.

February 8, 2017

SPJIMR was honoured at the Open Group global awards in Bengaluru on Wednesday 8 Feb, 2017. The citation and the award, received on behalf of SPJIMR by Professors Oscar D'Souza and AditiDivatia.
The award was given to SPJIMR by Open Group in recognition of the pioneering work done in "Competency Development" by the faculty of the Information Department in Enterprise Architecture and TOGAF.

Date	Event / Competition
July 30, 2015	SPJIMR's Abhyudaya Project wins Gold at the IMC Awards 2015 under the Theme "Innovations in Teaching Methodology" IMC Award, instituted in 2013 to recognize excellence in management education, is India's most prestigious recognition of B-schools and Universities. In 2015, more than 75 entries from India's leading B-schools were received, of which 7 winners across 3 categories were decided by Jury lead by Dr Shekhar Chaudhuri. Know more
September 5, 2015	HEF awards committee through the process of nomination / identification has selected Prof. Abbasali Gabula for a special award towards your outstanding contribution to academic corporate relationship. HEF is the community of individuals & practitioners of higher education in India. The journey started a few years ago through Google group and today with more than 4,000 members, it is the largest such on-line community in India. The motto of the group is singular: to help development of an Indian higher education system that is world class in terms of quality & excellence. The forum has also been incorporated as a Public Charitable Trust.Know more
February 2016	AACSB International (AACSB), the global accrediting body and membership association for business schools, recognised the S.P. Jain Institute of Management & Research (SPJIMR) among a sampling of 30 innovations that represent how business schools are innovating and diversifying the business education environment. SPJIMR is the only Indian B-School to be recognised by AACSB International for global ingenuity, innovation and creativity. The recognition came for the the unique #IamSPJIMR campaign on Teachers' Day in 2015 which detailed a timed, zero-cost social media campaign around authenticity — the core of the Institute. This campaign was co-created with a group of senior alumni and faculty through an email group. The idea that emerged was that, on a voluntary basis, in a two-hour window, SPJIMR stakeholders (faculty, staff, students, alumni) would describe a way in which the Institute has touched their lives with the hashtag #iamspjimr. Emails were sent out to all internal stakeholders and alumni. Each alum who was part of the co-creating team reached out to his or her network. SPJIMR alumni included some of the top names in digital marketing, and the campaign strategy itself was completely co-created.

Know more

Rankings

The PGDM programme at SPJIMR has consistently been ranked amongst the top 10 in the country.

B-School Survey Rankings

Survey	Rank	Factors Considered
UN PRME Positive Impact Rating (PIR)	“Level 5” rating, Recognised as a “pioneering school” for social impact and sustainability achievements.	A student-led ranking that reflects the positive social impact of the school as seen and evaluated by its students. SPJIMR was recognised for its innovative community-based actions, environmental and socially responsible culture and governance, and a strong teaching focus on responsible leadership.
EdUniversal Ranking 2021	PGEMP - Ranked 18th PGDM - Ranked 9th	The notoriety of the programs, The salary of the first employment after graduation, Student's satisfaction
Financial Times - Masters in Management Rankings 2020	World Rank - 36 India Rank: 3	The FT MIM features full-time masters programmes offered by schools that are accredited by AACSB or EQUIS. The rankings are based on two separate surveys - one completed by the participating business schools and the second by alumni who finished their Masters programmes in 2017.
Business Today's BT-MRDA B School Ranking 2020	Rank: 1 among private Indian B Schools Overall Rank: 4th in India	The rankings evaluated 293 B schools on 5 parameters - Selection Process, Learning Experience, Living Experience, Future Orientation and Placement Processes.
Business World - 2019	6th	Factors considered for the survery was Leadership Excellence, Global Interface, Intellectual Capital, Innovation Incubation, Faculty, Infrastructure, Industry Linkages, Placement, ROI.
Outlook - ICARE India MBA Ranking 2020: Top 150 Private MBA institutions	2nd	The factors considered are - Research, Placements, Faculty Quality, Inclusiveness & Diversity.
MBAUniverse-2021	4th	The factors considered are - Input (quality/profile of students admitted), Processes (teaching, learning processes adopted, accreditation etc), Output (placements, entrepreneurship etc)
The Week -2019	8th	The factors considered are -Age and Infrstructure, Faculty and teaching, Entry standard and Placements, Industry exposure and Alumni base
Global Business School Ranking by Youth Inc. 2020	44th (In the world), 4th in India	Factors considered for the survery was Recruiter Perception, Diversity of Students, Diversity of Faculty, Innovation of Programs, Innovation in Teaching Methodolgies, Value for Money, Campus Support, Career Service, Exchange Programs and Student Satisfaction

Survey	Rank	Highlights
QS Global MBA Ranking 2021	151 - 200	SPJIMR is one of the six Indian business schools (the other five are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, ISB and IIM Lucknow) to make it to the QS Global MBA rankings for the year 2021. This is the fifth consecutive year that SPJIMR is on this elite list. SPJIMR is part of the 151-200 rankings bracket for the second consecutive year.

MHRD - National Institute Ranking Framework (NIRF)
Ranked 18th in Management category for the year 2020

Click to view data submitted for previous NIRF Rankings

For any feedback/comments on the data submitted you can write to us at spjimr.nirf@spjimr.org