SPJIMR  was established 1981 in Mumbai as member of Bhartiya Vidya Bhavan. SPJIMR courses includes eight different postgraduate courses in management and business administration stream. Approved by All India Council for Technical Education (AICTE), SPJIMR holds the 21st ranking by NIRF in management category. The highest CTC offered to the student at SPJIMR is 53.16 LPA. NMIMS was established in 1981 which is a private deemed-to-be university situated in Mumbai, Maharashtra. According to the latest NIRF ranking, Narsee Monjee Institute of Management Studies (NMIMS) holds 25th rank in the management category. According to the NMIMS Mumbai placement report 2022, the highest and average salary offered to the students are Rs.57.65 Lakhs and Rs.23.07Lakhs per annum respectively.