SP Jain MBA Fees 2025, Fee Structure, Scholarships, Financial Aid

Rishabh Sethi

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Mar 06, 2025

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  • March 06, 2025: Discover the complete Details of SP Jain MBA fees 2025, including tuition, hostel charges, scholarships, and additional costs to help you plan your finances effectively.Read More
  • March 06, 2025: SP Jain Placements 2025 recorded 100% placements, with top recruiters like BCG, Deloitte, and Amazon. Check average packages, top recruiters, and previous year placement trends.Read More
SP Jain MBA Fees 2025, Fee Structure, Scholarships, Financial Aid

SP Jain MBA Fees 2025

S. P. Jain Institute of Management and Research Established in 1981, (SPJIMR) is one of India's best MBA colleges, known for its academic excellence, global exposure, and strong industry connections. Ranked first in India by the FT Masters in Management Rankings 2024 (TOI) and 35th globally, SPJIMR offers a high return on investment (RoI) with top-tier placements.

The fee structure for SP Jain’s MBA programs varies for Indian and international participants. The PGDM program, its flagship course, costs ₹ 22.50 lakhs for Indian students and ₹ 31.50 lakhs for international students, including tuition and basic hostel accommodation. Additionally, the institute offers optional international immersion programs, scholarships, and financial assistance for deserving students. This blog provides a detailed breakdown of SPJIMR's tuition fees, hostel charges, and additional expenses to help prospective students plan their finances effectively.

SP Jain MBA Program-Wise Tuition Fees

SP Jain offers different programs like PGDM, PGPM, etc. The following table provides the full-time management program fee requirement.

Programme & Full FormTotal Fees (₹)
PGDM - Post Graduate Diploma in Management22.5 Lakhs
PGPFMB - Post Graduate Program in Family-Managed Business17.05 Lakhs
PGPM - Post Graduate Programme in Management21 Lakhs
MDP - Management Development Programme25,000 (1st Year)
Fellowship - Fellowship Programme in Management12 Lakhs
GMP - General Management Programme7.25 Lakhs
Diploma - Diploma Programme in Management21 Lakhs

Apart from full-time management programs, SP Jain offers 18 certification MBA courses, the fee details are as follows.

Programme & Full FormTotal Fees (₹)
Certification - Certification Programmes (Various Courses)25,000 - 95,000
PGPBM - Post Graduate Program in Business Management4.7 Lakhs
EPGP (FinTech, AI/ML, Data Science & Blockchain) - Executive Post Graduate Program in FinTech, AI/ML, Data Science & Blockchain3.5 Lakhs
PGEMP - Post Graduate Executive Management Programme9.5 Lakhs
PG Program - Post Graduate Program9.5 Lakhs

Also Read, SP Jain Selection Criteria 2025 PDF, Cut Off, Shortlisting Process

SP Jain MBA Fees 2025 PGDM Fee Structure

Participant CategoryTotal Fees (₹)InclusionsNote
Indian Participants22.50 Lakhs*Tuition Fee + Basic Hostel/Accommodation*Indicative & subject to revision
International Participants31.50 Lakhs*Tuition Fee + Basic Hostel/Accommodation*Indicative & subject to revision

Additional Information:

  • The Global Fast Track (GFT) is an optional component of the PGDM and PGDM (BM) programs. The above-mentioned fees do not include GFT-related expenses.

SP Jain MBA Fees 2025 PGPM Fee Structure

The total tuition and associated fees for the PGPM program amount to ₹ 21,00,000. Below is the detailed fee breakup:

Fee ComponentAmount (₹)
Admission Fee65,000
Tuition Fee16,00,000
Learning Resources95,000
Hostel Fee (Shared Accommodation)1,45,000
Development Fee90,000
Career Services Fee95,000
Alumni Membership10,000
Total Fee₹ 21,00,000
Refundable Security Deposit₹ 50,000

This structure covers all academic expenses, learning resources, and essential campus facilities. However, students should also be aware of optional and additional costs.

Also Read, SP Jain Cut Off 2025, Check Category-wise Cut Off Analysis

SP Jain MBA Hostel fees

  • The hostel fee for SP Jain ranges from ₹1 Lakh to ₹ 1.45 Lakh

Apart from tuition and accommodation, students need to budget for personal and academic necessities. Key additional expenses include:

  • Food on Campus: Approximately ₹ 1,00,000 for meals throughout the year.
  • Personal Travel & Miscellaneous Costs: Variable, depending on individual preferences.
  • Laptop Requirement: Students must own a personal laptop, the cost of which is not included in the fee structure.
  • Health Insurance: A valid health insurance policy is mandatory.
  • Passport Requirement: Students must possess a valid passport for international modules.

Also Read, SP Jain Placements 2025, Average Package, Top Recruiters

SP Jain MBA Fees for Exchange program

One of the unique aspects of the PGPM program is the International Immersion option, which provides global business exposure. However, this comes with additional expenses:

Fee ComponentAmount (₹)
Tuition Fee for International Immersion4,30,000
Estimated Costs for Lodging, Airfare, Visa, Airport Transfers, Insurance (charged on actuals)2,00,000
Total Additional Cost6,30,000 (approx.)

Participants opting for this experience must be prepared for these extra costs, which enhance learning but add to the financial commitment.

Note: International students opting for the SP Jain PGDM program need to pay ₹ 31.50 lakhs which includes tuition fees and basic hostel fees.

Also Read, SP Jain Executive MBA 2025, Admission Dates, Eligibility, Fees

SP Jain MBA Scholarships

The institute provides financial assistance and scholarships to meritorious and financially needy PGDM participants. These are awarded after the program commences and are reviewed every academic year.

Merit-cum-Means Based Financial Assistance

CriteriaDetails
EligibilityFirst and second-year PGDM participants
Assessment BasisFinancial need, academic performance, extra-curricular activities, and conduct
Assistance TypeReimbursement of the tuition fee
Application PeriodJuly (Every Academic Year)
Selection ProcessA panel evaluates financial need and verifies details before awarding partial or full assistance

Mirae Asset Foundation (MAF) Scholarship

CriteriaDetails
Provided ByMirae Asset Foundation (MAF) – A charitable foundation supporting education in India
EligibilityFirst and second-year PGDM participants with family income less than ₹ 8 lakhs
Scholarship Amount₹ 5 lakhs per student
Number of Scholarships2 participants from the first year + 2 participants from the second year
Scholarship RecipientsRecognized as Mirae Asset Scholars
Application ProcessDetailed guidelines are shared with eligible applicants after the program commencement

Also Read, IIM Bangalore MBA Fees, Fee Structure, Scholarships, Financial Aid

SP Jain MBA Fees 2025: Conclusion

Planning for an MBA at SP Jain Institute of Management and Research (SPJIMR) means understanding the costs involved, including tuition fees, hostel charges, and other expenses. The PGDM program costs ₹ 22.50 lakhs for Indian students and ₹ 31.50 lakhs for international students. Students can also choose an optional international immersion program, which comes with additional costs.

SP Jain provides financial aid and scholarships, like the Merit-cum-Means Based Financial Assistance and the Mirae Asset Foundation (MAF) Scholarship, to help deserving students. Besides tuition, students should also budget for food, travel, insurance, and personal expenses.

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