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2025 SP Jain MBA Fees
One of India’s top MBA schools, S. P. Jain Institute of Management and Research (SPJIMR) was founded in 1981 and is renowned for its academic brilliance, international exposure, and solid industry ties. With top-tier placements and a high return on investment (RoI), SPJIMR is ranked first in India and 35th globally by the FT Masters in Management Rankings 2024 (TOI).
The cost of SP Jain’s MBA programs differs for participants from India and other countries. Its flagship program, PGDM, costs ₹22.50 lakhs for Indian students and ₹31.50 lakhs for international students, which includes basic hostel accommodations and tuition. For worthy students, the institute also provides financial aid, scholarships, and optional international immersion programs. To assist potential students in making an informed financial plan, this blog offers a thorough explanation of SPJIMR’s tuition costs, room and board fees, and other costs.
Smart Tuition Fees for the SP Jain MBA Program
PGDM, PGPM, and other programs are available from SP Jain. The required fee for the full-time management program is shown in the following table.
| 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 |
In addition to full-time management programs, SP Jain provides 18 MBA certification courses; the costs are listed below.
| 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 |
The 2025 SP Jain MBA and PGDM Fee Schedule
| 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 |
Extra Details:
- The PGDM and PGDM (BM) programs offer an optional Global Fast Track (GFT). GFT-related costs are not included in the fees listed above.
The 2025 SP Jain MBA Fees and PGPM Fee Schedule
For the PGPM program, the total cost of tuition and related fees is ₹21,000,000. The comprehensive fee breakdown is shown below:
| 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 |
All educational costs, learning materials, and necessary campus amenities are covered by this plan. Students should be mindful of extra and optional expenses, though.
Fees for SP Jain MBA Hostels
- The SP Jain hostel costs between ₹1 Lakh and ₹1.45 Lakh.
Students must budget for both academic and personal needs in addition to tuition and housing. Important extra costs consist of:
- Food on Campus: Around ₹1,00,000 is spent on meals all year long.
- Costs associated with personal travel and other expenses vary based on personal preferences.
- Laptop Requirement: Students are required to have a personal laptop, which is not covered by the tuition.
- Health Insurance: It is required to have a current health insurance policy.
- Students enrolled in international modules must have a valid passport.
Fees for the SP Jain MBA Exchange Program
The International Immersion option, which exposes students to international business, is one of the PGPM program’s distinctive features. But there are extra costs associated with this:
| 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.) |
Those who choose to participate in this experience should be ready for these additional expenses, which increase the financial commitment while also improving learning.
Note: Tuition and basic hostel fees total ₹31.50 lakhs for international students who choose to enroll in the SP Jain PGDM program.
MBA Scholarships from SP Jain
For PGDM participants who are financially needy and deserving, the institute offers financial aid and scholarships. These are given out following the start of the program and are evaluated each academic year.
Financial Aid Based on Merit and Means
| 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 |
Scholarship from the Mirae Asset Foundation (MAF)
| 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 |
Conclusion of SP Jain MBA Fees for 2025
Understanding the costs associated with pursuing an MBA at SP Jain Institute of Management and Research (SPJIMR), including tuition, housing fees, and other expenses, is essential. The cost of the PGDM program is ₹31.50 lakhs for international students and ₹22.50 lakhs for Indian students. Additionally, students have the option to enroll in an optional, fee-based international immersion program.
To assist worthy students, SP Jain offers financial aid and scholarships, such as the Mirae Asset Foundation (MAF) Scholarship and the Merit-cum-Means Based Financial Assistance. Students should set aside money for personal expenses, travel, food, and insurance in addition to tuition.