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IIEBM vs SPJIMR

Fees, placements, ranking and admissions for Indus Business School Pune and S. P. Jain Institute of Management and Research Mumbai, side by side.

Data last updated 13 Oct 2026

Side by side.

 IIEBMSPJIMR
Location
Pune, Maharashtra
Mumbai, Maharashtra
Type
Private
Private
Established
2000
1981
Approvals
AICTE
AICTE, NBA, AACSB, AMBA
NIRF ranking
—
NIRF 2025: Management, rank 20
PGDM total fee
₹12.65 L - 15.4 L
2 year
Better here
₹22.66 L - 28.50 L
2 year
PGDM seats
—
276
Highest package
₹30 LPA
₹75 LPA
Better here
Average package
₹7.5 LPA
₹33.75 LPA
Better here
Median salary (NIRF)
—
₹32.85 LPA
Entrance exams
CAT, XAT, CMAT, MAT
CAT, XAT, CMAT, MAT
Courses offered
1
1
Facilities
A/C Classrooms, Sport Complex, Cafeteria, Hostel, Labs, Sports
A/C Classrooms, Cafeteria, Hospital & Medical Facilities, Hostel, Labs, Transport Facility

“Better here” marks only lower fees and higher reported packages. Packages are as reported by each college or NIRF and vary by year and specialisation.

In short…
  • IIEBM is cheaper for PGDM, by about ₹10 L in total fees compared with SPJIMR.
  • SPJIMR reports the higher highest package (₹75 LPA).
  • SPJIMR reports the higher average package (₹33.75 LPA).
  • Both accept CAT, XAT, CMAT, MAT, so one exam score can get you into either.

Numbers alone don't decide it. Talk to someone who studied there before you choose.

About the two colleges.

Indus Business School Pune

IIEBM's Indus Business School was established in Pune in the year 2000 and has completed 21 years in the field of Management Education. Our Educational Trusts have been in the field of education since circa 1951. IIEBM began its journey under the able stewardship of Shrimant Shivaji Raje Naik Nimbalkar and Col. Vinod Marwaha with a vision of imparting affordable, quality and value based education to groom student…

Fees, cutoffs and reviews of IIEBM

S. P. Jain Institute of Management and Research Mumbai

S. P. Jain Institute of Management and Research (SPJIMR), established in 1981 in Mumbai, is a leading postgraduate management institute, recognised by Financial Times Global Rankings as one of India’s top two business schools, by Business Today as one of the country’s top five business schools, and by the Positive Impact Rating, a Swiss association, as one of the top five business schools worldwide in ter…

Fees, cutoffs and reviews of SPJIMR

Quick answers.

What is the PGDM fee at IIEBM and SPJIMR?

IIEBM: ₹12.65 L - 15.4 L total. SPJIMR: ₹22.66 L - 28.50 L total. Fees are the total course fee from each college's latest data on MyCampusReview.

Which has better placements, IIEBM or SPJIMR?

IIEBM reports a highest package of ₹30 LPA and an average of ₹7.5 LPA. SPJIMR reports ₹75 LPA and an average of ₹33.75 LPA. Packages vary by year and specialisation, so ask alumni about recent placements.

Which exams are accepted by both IIEBM and SPJIMR?

CAT, XAT, CMAT, MAT.

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