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

Rishabh Sethi

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Jun 05, 2025

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    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

    Also Read, IIM Ahmedabad MBA Fees 2025, Fee Structure, Scholarships

    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, IIM Indore MBA Fees 2025, Fee Structure, Scholarships, Hostel Fees

    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.

    Also Read, SP Jain Result 2025 OUT, Check Waitlist Movement, Merit List

    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, IIM Calcutta MBA Fees 2025, Fee Structure, Scholarship, Hostel Fees

    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, IIFT Delhi MBA Fees 2025. Fee Structure, Scholarships, Hostel Fees

    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

    Also Read, FMS Delhi MBA Fees 2025, Check Program-wise Fee Structure

    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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