S. P. Jain Institute of Management and Research

The Shreyans Prasad Jain Institute of Management & Research (SPJIMR) is a private business school in Mumbai, Maharashtra, India, constituted under the Bharatiya Vidya Bhavan. Established in 1981, it operates as an autonomous institute without university affiliation and runs campuses in Mumbai and New Delhi. It offers postgraduate, executive, and doctoral management programmes. History The institution was established as the Bharatiya Vidya Bhavan's Institute for Master of Management Studies (MMS); its foundation stone was laid on 17 April 1981 by the British prime minister Margaret Thatcher. The first cohort began the MMS programme in 1981. M.L. Shrikant became Dean in 1986 and held the position until 2015. During this period the institute moved to autonomous status, separate from university affiliation, and the MMS programme was restructured into the Post Graduate Diploma in Management (PGDM). The institute's Development of Corporate Citizenship (DoCC) and Abhyudaya programmes received an Innovative Practices Award from the United Nations Global Compact Network India in 2018. Ranjan Banerjee succeeded Shrikant as Dean in June 2015 and left the role by April 2021. The institute received accreditation from the Association to Advance Collegiate Schools of Business (AACSB) in 2018, the same year it opened its New Delhi campus. Varun Nagaraj, an IIT Bombay graduate who had previously worked in technology-industry management roles in the United States, was appointed Dean in June 2021 and joined the institute that September. In December 2024, the institute received EQUIS accreditation from the European Foundation for Management Development, becoming one of four business schools in India to hold the AACSB, AMBA, and EQUIS accreditations concurrently. In 2025, it was re-accredited by AMBA and accredited for the first time by the Business Graduates Association. In March 2026, Nagaraj was appointed to the AACSB board of directors, representing the Asia-Pacific region. Campus The main campus occupies about 45 acres in the Andheri area of Mumbai. The Delhi campus operates from the Bharatiya Vidya Bhavan facility in New Delhi and offers executive and short-term programmes. Academics SPJIMR's principal programme is the two-year Post Graduate Diploma in Management (PGDM). It also offers a one-year postgraduate management programme, executive and modular programmes, and doctoral study through the Fellow Programme in Management (FPM). The PGDM was first accredited by India's National Board of Accreditation in 2007 and most recently re-accredited in 2022; the FPM holds doctoral equivalence from the Association of Indian Universities. Accreditation and rankings SPJIMR holds AACSB (since 2018), AMBA, and EQUIS (since 2024) accreditation, and is recognised by the All India Council for Technical Education as an autonomous Category-I institution. The institute has appeared in the Financial Times Masters in Management global top 50 for six consecutive years as of 2025. Notable alumni Anant Bajaj, managing director of Bajaj Electricals Debjani Ghosh, former president of NASSCOM Jyoti Deshpande, chief executive of Jio Studios Pradeep Kar, founder and chairman of Microland Rajesh Jejurikar, executive director at Mahindra Group Shailesh Chandra, managing director of Tata Motors Passenger Vehicles Siddharth, film actor and screenwriter Vikram Sampath, historian Dipankar Bhattacharjee, Olympic badminton player References