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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 Form | Total Fees (₹) |
| PGDM - Post Graduate Diploma in Management | 22.5 Lakhs |
| PGPFMB - Post Graduate Program in Family-Managed Business | 17.05 Lakhs |
| PGPM - Post Graduate Programme in Management | 21 Lakhs |
| MDP - Management Development Programme | 25,000 (1st Year) |
| Fellowship - Fellowship Programme in Management | 12 Lakhs |
| GMP - General Management Programme | 7.25 Lakhs |
| Diploma - Diploma Programme in Management | 21 Lakhs |
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Apart from full-time management programs, SP Jain offers 18 certification MBA courses, the fee details are as follows.
| Programme & Full Form | Total Fees (₹) |
| Certification - Certification Programmes (Various Courses) | 25,000 - 95,000 |
| PGPBM - Post Graduate Program in Business Management | 4.7 Lakhs |
| EPGP (FinTech, AI/ML, Data Science & Blockchain) - Executive Post Graduate Program in FinTech, AI/ML, Data Science & Blockchain | 3.5 Lakhs |
| PGEMP - Post Graduate Executive Management Programme | 9.5 Lakhs |
| PG Program - Post Graduate Program | 9.5 Lakhs |
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SP Jain MBA Fees 2025 PGDM Fee Structure
| Participant Category | Total Fees (₹) | Inclusions | Note |
| Indian Participants | 22.50 Lakhs* | Tuition Fee + Basic Hostel/Accommodation | *Indicative & subject to revision |
| International Participants | 31.50 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.
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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 Component | Amount (₹) |
| Admission Fee | 65,000 |
| Tuition Fee | 16,00,000 |
| Learning Resources | 95,000 |
| Hostel Fee (Shared Accommodation) | 1,45,000 |
| Development Fee | 90,000 |
| Career Services Fee | 95,000 |
| Alumni Membership | 10,000 |
| 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.
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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.
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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 Component | Amount (₹) |
| Tuition Fee for International Immersion | 4,30,000 |
| Estimated Costs for Lodging, Airfare, Visa, Airport Transfers, Insurance (charged on actuals) | 2,00,000 |
| Total Additional Cost | 6,30,000 (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
| Criteria | Details |
| Eligibility | First and second-year PGDM participants |
| Assessment Basis | Financial need, academic performance, extra-curricular activities, and conduct |
| Assistance Type | Reimbursement of the tuition fee |
| Application Period | July (Every Academic Year) |
| Selection Process | A panel evaluates financial need and verifies details before awarding partial or full assistance |
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Mirae Asset Foundation (MAF) Scholarship
| Criteria | Details |
| Provided By | Mirae Asset Foundation (MAF) – A charitable foundation supporting education in India |
| Eligibility | First and second-year PGDM participants with family income less than ₹ 8 lakhs |
| Scholarship Amount | ₹ 5 lakhs per student |
| Number of Scholarships | 2 participants from the first year + 2 participants from the second year |
| Scholarship Recipients | Recognized as Mirae Asset Scholars |
| Application Process | Detailed guidelines are shared with eligible applicants after the program commencement |
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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.
