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ITM Business School vs SPJIMR

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

Data last updated 13 Oct 2026

Side by side.

 ITM Business SchoolSPJIMR
Location
Mumbai, Maharashtra
Mumbai, Maharashtra
Type
Private
Private
Established
1991
1981
Approvals
AICTE, NBA, AIU
AICTE, NBA, AACSB, AMBA
NIRF ranking
—
NIRF 2025: Management, rank 20
PGDM total fee
₹12.45 L
2 year
Better here
₹22.66 L - 28.50 L
2 year
PGDM seats
—
276
Highest package
₹21 LPA
₹75 LPA
Better here
Average package
—
₹33.75 LPA
Median salary (NIRF)
—
₹32.85 LPA
Entrance exams
CAT, XAT, CMAT, MAT, GMAT
CAT, XAT, CMAT, MAT
Courses offered
1
1
Facilities
A/C Classrooms, Sport Complex, Hostel, Labs, Alumni Associations, 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…
  • ITM Business School is cheaper for PGDM, by about ₹10 L in total fees compared with SPJIMR.
  • SPJIMR reports the higher highest package (₹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.

ITM Business School Mumbai

ITM Group of Institutions was established in 1991. Today, we offer the professional higher and technical education at our Institutions and Universities located across India, in various streams including Engineering, Management, Health Sciences, Hotel Management, Culinary Arts, Design and more. ITM Business School, our oldest and flagship institution, and ranked amongst the Top 20 b-schools in India, offers AICTE appr…

Fees, cutoffs and reviews of ITM Business School

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 ITM Business School and SPJIMR?

ITM Business School: ₹12.45 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, ITM Business School or SPJIMR?

ITM Business School reports a highest package of ₹21 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 ITM Business School and SPJIMR?

CAT, XAT, CMAT, MAT.

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