SIBM Pune or SPJIMR Mumbai: Which would you prefer in 2025?

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SIBM Pune or SPJIMR Mumbai: Which would you prefer in 2025?

This article compares the Symbiosis Institute of Management (SIBM) Pune and the SP Jain Institute of Management and Research (SPJIMR) Mumbai, two of India's best private management schools in almost each category.

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The Symbiosis Institute of Business Management Pune is a prominent management institute affiliated with the Faculty of Management at Symbiosis International University. Since it was founded 39 years ago in 1978, it has evolved a long way to become India's leading business school. On the other hand S. P. Jain Institute of Management & Research (SPJIMR), a premier management institute is among the top-ranked Indian business schools. 

SIBM Pune or SPJIMR Mumbai Which would you prefer in 2025

Compare the campuses of SPJIMR Mumbai and SIBM Pune:

  • Symbiosis Institute of Business Management (SIBM) Pune was founded in Lavale on the outer boundaries of Pune. It offers a completely residential campus with modern amenities and serene surroundings. It is a constituent of Symbiosis International University accredited by the UGC and SIU.

  • SP Jain Institute of Management and Research (SPJIMR) Mumbai was founded in 1981 and is currently situated in Mumbai on a 45-acre urban campus that has robust industrial linkages. It has creative educational environments such as the 360° Immersive Room and ELO (Engaged Learning Online) studios. 

Note: These contrast a serene, dedicated campus at SIBM Pune with SPJIMR’s urban design focused on market connectivity and immersive learning.

Key Differences between SIBM Pune and SPJIMR Mumbai

Basic Information
Symbiosis Institute of Business Management, Pune
SP Jain Institute of Management and Research, Mumbai
Established Year
1978
1981
Type
Pvt
Pvt
Location
Pune
Mumbai
Ranking
NIRF 24 - 13th Position
NIRF 24 – 20th Position
Average  Salary Package for flagship MBA/PGDM program
INR 28.83 LPA
INR 32.10 LPA
Exam Accepted
MAH CET, SNAP
CAT

Compare SIBM Pune and SPJIMR Mumbai Programs:

Aspect / Program Type

SIBM Pune (Symbiosis Institute of Business Management, Pune)

SPJIMR Mumbai (S.P. Jain Institute of Management & Research)

Flagship Program

MBA (2 years, full-time, residential)

PGDM (2 years, full-time, residential)

Specialisations

Marketing, Finance, Human Resource Management, Operations, Supply Chain, Data Analytics, Innovation  and Entrepreneurship

Marketing, Finance, Operations and Supply Chain, Information Management, Business Management (BM).

Executive Programs

Executive MBA (30 months, weekend format)

PGEMP (Executive Management Program), PGPGM (Executive General Management)

Entrepreneurship / Innovation

MBA in Innovation & Entrepreneurship

PGPM (18 months, hybrid residential and online) with innovative modules

Global / International Exposure

Limited global tie-ups, mainly exchange programs

GMP (Global Management Program, 12-24 months with partner business schools overseas)

Doctoral / Research

PhD under Symbiosis International University

FPM (Fellow Program in Management – doctoral level)

Other Short Programs

Management Development Programs (MDPs)

Executive Education customised leadership programs, Online/Hybrid courses

  • SIBM Pune offers a more mainstream MBA program with key specialisations and an Innovation and Entrepreneurship MBA..

  • SPJIMR offers a broader range of management courses, including global (GMP), executive (PGEMP/PGPGM), hybrid (PGPM), and doctorate (FPM), making it more suitable for a large number of students.

Symbiosis Pune and SPJIMR Mumbai Fee Comparison for MBA/PGDM 

Institute

Program

Fee (INR Lakhs)

SIBM Pune

MBA 

INR 27.77 Lakhs

SPJIMR

PGDM / MBA

          INR 22.50 Lakhs 

Compare Ranking, Accreditation of SIBM Pune and SPJIMR Mumbai

Aspect

SIBM Pune (Symbiosis Institute of Business Management, Pune)

SPJIMR Mumbai (S.P. Jain Institute of Management & Research)

NIRF Ranking (Management Category, India)

13 in 2024 (improved from 17 in 2023) and 17 in 2022

20 in 2024, 20 in 2023 and 21 in 2022

IIRF Ranking

P6 2024, P4 2023 and P3 2022

P1 2025, P3 2024 and  P4 in 2023

Accreditation (National)

Accredited by NAAC with A++; approved by UGC & part of Symbiosis International (Deemed University)

NBA accredited for PGDM; AIU equivalence of PGDM to MBA; FPM recognised as PhD equivalent

Accreditation (International)

Limited international accreditation

Covers the internationally recognised Triple Crown Accreditation: AACSB, AMBA, and EQUIS.

Parent University / Status

Constituent of Symbiosis International (Deemed University)

Autonomous under Bharatiya Vidya Bhav

Compare SIBM Pune and SPJIMR Cut-off 

  • SIBM Pune: SNAP cutoff around the 98.2 percentile for MBA admissions

  • SPJIMR: The CAT cut-off is 95+ for MBA admissions.

Comparison of Symbiosis Pune and SPJIMR Mumbai Placement 

Institute

Batch

Highest Package (INR LPA)

Average Package (INR LPA)

SIBM Pune

2022-24

INR 53.58 LPA

Avg: INR 28.83 LPA; 109 recruiters

SPJIMR

2025

INR 81 LPA

Avg: INR 32.10 LPA; 90% students  INR 25 LPA; 336 students placed by 86 companies 

  • SIBM Pune provided the highest package (INR 53.58 LPA) and a decent average (INR 28.8 LPA).

  • SPJIMR Mumbai demonstrates a somewhat higher package average of INR 81 LPA, with an average package  (INR 32.10 LPA), with significant placement achievement—90 percent and more.

Final Word:

Now, both SIBM Pune and SPJIMR Mumbai are leading management institutes of India, each institute has its own distinct strength. You can opt for SIBM Pune for a popular, high-quality residential MBA course or SPJIMR for internationally certified innovative management courses. Both institutes offer students the best value for their money and real-life industry exposure.

FAQs

SIBM Pune’s SNAP cutoff is approximately 98.2 percentile. SPJIMR doesn’t publicly disclose cutoffs, but accepts CAT & GMAT and is highly competitive around 95+ percentile for both CAT and GMAT exams.

SPJIMR has lower fees 22.50 Lakhs) and comparatively higher average placement package of (INR 32.10 LPA) than SIBM Pune (fees INR 27.77 Lakhs; avg placement package at INR 28.8 LPA), offering a slightly greater ROI.

SIBM Pune provides both regular MBAs with multiple specialisations and an Executive MBA. SPJIMR provides a wider range of management courses such as. PGDM (two years), PGPM (18 months), GMP (global) MBA, executive and doctorate programs (FPM).

SIBM Pune offered a fantastic highest pay package of INR 53.58 LPA, with the average package being INR 28.83 LPA. SPJIMR placement offers over INR 81 LPA highest and an average of INR 32.10 LPA