SPJIMR
Encyclopedia
S P Jain Institute of Management and Research (SPJIMR) is a graduate
Graduate school
A graduate school is a school that awards advanced academic degrees with the general requirement that students must have earned a previous undergraduate degree...

 business school
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...

 located in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. Founded by the Bharatiya Vidya Bhavan
Bharatiya Vidya Bhavan
Bharatiya Vidya Bhavan is an Indian educational trust. It was founded on November 7, 1938 by Dr. K. M. Munshi, with the blessings of Mahatma Gandhi...

 in 1981, SPJIMR
SPJIMR
S P Jain Institute of Management and Research is a graduate business school located in Mumbai, India. Founded by the Bharatiya Vidya Bhavan in 1981, SPJIMR is located on the Bhavan's campus in Andheri suburb of Mumbai....

 is located on the Bhavan's campus in Andheri suburb of Mumbai.

SPJIMR offers two programmes equivalent to an MBA degree: 2-year PGDM and 1-year PGPM program. Other programmes include Family Managed Business (FMB) and Executive Management Program (EMP - similar to EMBA
EMBA
EMBA may refer to:*Executive Master of Business Administration degree*Eastern Marching Band Association...

). The institute also offers various short term courses for specialized needs.

SPJIMR has been ranked among the top-10 B-schools in India by several organizations and publications, including QS
Quacquarelli Symonds
Quacquarelli Symonds is a company specializing in education and study abroad. The company was founded in 1990 by Wharton School MBA graduate Nunzio Quacquarelli...

, The Wall Street Journal
The Wall Street Journal
The Wall Street Journal is an American English-language international daily newspaper. It is published in New York City by Dow Jones & Company, a division of News Corporation, along with the Asian and European editions of the Journal....

, Open Magazine, Outlook
Outlook (magazine)
Outlook is one of India's four top-selling English weekly newsmagazines. Like many other Indian magazines, it is reluctant to reveal its circulation, but the 2007 National Readership Survey suggested 1.5 million copies...

 and Business India. It received the 'A' grade status of accreditation by the National Board of Accreditation in 2003.

The institute has started two international campuses, one in Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...

 (2004) and the other in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

 (2006), managed under the name SP Jain Center of Management (SPJCM
SPJCM
S P Jain Center of Management is a global business school, with campuses in Dubai and Singapore and a new one coming in Sydney . The first sister campus of S P Jain, SPJIMR, was established in Mumbai, India in 1981....

).

History

Inaugurated in 1981 by the then British Prime Minister, Margaret Thatcher
Margaret Thatcher
Margaret Hilda Thatcher, Baroness Thatcher, was Prime Minister of the United Kingdom from 1979 to 1990...

, SPJIMR had modest beginnings as a small extension of the Bhavan's campus (of Bharatiya Vidya Bhavan
Bharatiya Vidya Bhavan
Bharatiya Vidya Bhavan is an Indian educational trust. It was founded on November 7, 1938 by Dr. K. M. Munshi, with the blessings of Mahatma Gandhi...

). The Institute was named after Sahu Shreyans Prasad Jain of the Sahu Jain
Sahu Jain
Sahu Jain is an important industrial family of India. They own the Times Group and its parent company, Bennett, Coleman & Co. Ltd.. They are of Agrawal Jain community....

 family and was among the three business schools in India at that time. The institute disaffiliated itself from the then Bombay University, to provide itself with more freedom in terms of curriculum decision making and pedagogy design. Since 1994-95, it has been ranked consistently among the top-10 B-schools of India.

In the late 1990s and early 2000s, SPJIMR enhanced its infrastructure to incorporate IT-enabled education through 24-hour Internet connectivity in hostels and a virtual library.

In the 2000s, the Institute also established two international campuses in Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...

 and Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

.

Programmes

Post Graduate Diploma in Management (PGDM) (2 year full time)
The Post Graduate Diploma in Management (PGDM), formerly known as Post Graduate Diploma in Business Management (PGDBM), is a two-year, full time, residential programme approved by AICTE. The programme offers specializations in finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...

, operations
Operations management
Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as little resources as needed, and...

, marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

 and information management
Information management
Information management is the collection and management of information from one or more sources and the distribution of that information to one or more audiences. This sometimes involves those who have a stake in, or a right to that information...

, and is ranked among the top ten in the country. The specializations are chosen at the time of admission. The programme considers CAT
Common Admission Test
The Common Admission Test is a Computer Based Test in Quantitative Ability, Data Interpretation, Verbal Ability and Logical Reasoning. The Indian Institutes of Management use the test as an important component in selecting students for the business administration programs. The test is conducted...

, XAT
XLRI Admission Test
The XLRI Admission Test prominently known as XAT is an all-India test conducted by XLRI , a business school in Jamshedpur, India, as an entrance test for its management programmes as well as to many other reputed Top B-Schools in the country such as XIM [Xavier Institute of Management]...

 and GMAT
Graduate Management Admission Test
The Graduate Management Admission Test is a computer-adaptive standardized test in mathematics and the English language for measuring aptitude to succeed academically in graduate business studies. Business schools use the test as a criterion for admission into graduate business administration...

 scores for admission, but places more emphasis on academic performance, versatility in extra-curricular activities and relevant work experience (if any).

The programme has seen much pedagogical experimentation over the years, including social projects and business plans, use of theatre to learn management, Assessment and Development of Managerial Potential (ADMAP, a programme where students participate in the administration of the college) and India-specific cases
Case method
The case method is a teaching approach that consists in presenting the students with a case, putting them in the role of a decision maker facing a problem...

. SPJIMR does not have a traditional summer internship projects like most other Indian B-schools. Instead, the students are required to work with NGOs in the rural areas during the summer as part of their Development of Corporate Citizenship (DOCC) projects. The corporate internships happen during the autumns instead.


Post Graduate Programme in Management (PGPM) (1 year full time residential)
The Post Graduate Programme in Management (PGPM), formerly known as Post Graduate Diploma in Management (PGDM), is a one-year, full time residential programme accredated by the Association of MBAs
Association of MBAs
The Association of MBAs is a London-based international organization that accredits postgraduate business programs at business schools worldwide. The Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on...

. It offers specializations in Marketing
Marketing management
Marketing management is a business discipline which is focused on the practical application of marketing techniques and the management of a firm's marketing resources and activities...

, Finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...

, Operations
Operations management
Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as little resources as needed, and...

, and Information Management
Information management
Information management is the collection and management of information from one or more sources and the distribution of that information to one or more audiences. This sometimes involves those who have a stake in, or a right to that information...

. the specializations are chosen at the time of admission. The programme admits working professionals from various domains and leading industries, to enable knowledge sharing and peer learning. The unique aspect of the programme is its focus on the specific role and domain of interest to the participant. The programme considers CAT
Common Admission Test
The Common Admission Test is a Computer Based Test in Quantitative Ability, Data Interpretation, Verbal Ability and Logical Reasoning. The Indian Institutes of Management use the test as an important component in selecting students for the business administration programs. The test is conducted...

, XAT
XLRI Admission Test
The XLRI Admission Test prominently known as XAT is an all-India test conducted by XLRI , a business school in Jamshedpur, India, as an entrance test for its management programmes as well as to many other reputed Top B-Schools in the country such as XIM [Xavier Institute of Management]...

 and GMAT
Graduate Management Admission Test
The Graduate Management Admission Test is a computer-adaptive standardized test in mathematics and the English language for measuring aptitude to succeed academically in graduate business studies. Business schools use the test as a criterion for admission into graduate business administration...

 scores, but places more emphasis on academic performance, versatility in extra-curricular activities and a minimum work experience of 5 years. The course starts in January and ends in December. Admission process typically starts in June with interviews scheduled through August.


Executive Management Programme (EMP)
The Executive Management Programme (EMP) is a non-residential programme, for working professionals, similar to an EMBA
EMBA
EMBA may refer to:*Executive Master of Business Administration degree*Eastern Marching Band Association...

, with 60 full day classes on campus, spread over a period of 21 months and various contact sessions. The programme considers graduates with minimum 5 years of experience along with a good track record. The programme mandates the support of the candidate's company.


Family Managed Business (FMB)
The Family Managed Business (FMB) programme is designed for candidates to lead their family business
Family business
A family business is a business in which one or more members of one or more families have a significant ownership interest and significant commitments toward the business’ overall well-being....

es, helping them meet unique challenges associated with operating and sustaining a successful family enterprise. The duration of the program is 2 years and includes a foreign visit. The participants spent a week at the institute to learn and the remaining three weeks of the month at their workplace, to apply the learning. The duration of Owner Manager Programme is only twelve months. The programme considers graduate candidates with a significant stake in a family business. Selection requires sponsorship from the business, a test and a personal interview. The degree awarded is a Post Graduate Programme in Management.


Other Short Term Programmes
SPJIMR offers various other short term programmes such as:
  • Start Your Business (SYB)
  • Advanced Program in Project Management (APPM)
  • Certificate Programme in Resource Mobilization & Management (CPRMM)
  • Program in Political Governance for Women (PPGW)
  • Various Management Development Programmes (MDPs) for specific sectors (such as the NGOs)


Over the years, SPJIMR has entered into collaboration with many corporate entities, academic organizations and non-profits to offer specialized programmes, seminars, workshops and symposiums. The process of course design and deployment is done in collaboration with the industry. For example, in 2003, it rolled out a course on service management by incorporating feedback and guest faculty support from GE
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...

, while in 2007, it parterned with Patni Computer Systems
Patni Computer Systems
iGATE Patni , is a provider of Information Technology services and business solutions. The company employs over 15,000 people, and has 23 international offices across the Americas, Europe, and the Asia-Pacific region, as well as offshore development centres in eight cities in India...

 to create specialized courses in the area of Supply Chain Management
Supply chain management
Supply chain management is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers...

.

In 2004, SPJIMR also partnered with Virginia Tech to offer a two -year programme titled PGDSM- MIT, which led to a Master's Degree in Information Technology from Virginia Tech and Post Graduate Diploma in Systems Management from SPJIMR. The same year, it also partnered with Motilal Oswal Securities to conduct a course on equity research. Also in 2004, the Institute launched a 6-month diploma programme, Women and Political Governance, aimed at educating women who plan to join politics. The course was jointly created by the Times Foundation, Women's Movement for Peace and Prosperity (WMPP) and SPJIMR.

In 2007, SPJIMR signed a memorandum of understanding (MoU) with the Standard Chartered bank to introduce a special training programme on corporate banking for graduates through Bhavan's Centre for Inter Disciplinary Studies (BCIDS).

In 2010, the York University
York University
York University is a public research university in Toronto, Ontario, Canada. It is Canada's third-largest university, Ontario's second-largest graduate school, and Canada's leading interdisciplinary university....

's Schulich School of Business
Schulich School of Business
The Schulich School of Business is York University's business school located in Toronto, Ontario, Canada, and is an internationally-ranked business school. Schulich offers undergraduate and graduate programs in business administration, finance, public administration and international business as...

 launched a new Masters of Business Administration (MBA) program at SPJIMR.

Research Centers

Centre for European Business Studies
The Centre for European Business Studies, funded by the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...

 was launched in 2009, in collaboration with ESB Reutlingen of Germany.


Center for DOCC
The Centre for Development of Corporate Citizenship (DOCC) was established in the year to hone management skills of future managers in social sectors and to create awareness about the need to contribute to the society. DOCC works closely with NGOs and corporates by undertaking various consultancy and research assignments. The Centre for DOCC has its origins in SPJIMR's research project for ASSOCHAM, which addressed the issue of socio-economic development of rural India.


Center for FMB
The Centre for Family Managed Business (FMB) offers the Family Managed Business Programme for young family business managers.


Center for Entrepreneurship
SPJIMR has set up a Centre for Entrepreneurship Development, and has partnered with the Wadhwani Foundation to launch the National Entrepreneurship Network (NEN).


Center for Executive Education
The Centre for Executive Education offers the Executive Management Programme (EMP), and Management Development Programs (MDPs) for practising Executives.


Center for Project Management
Established in 2000, the Project Management Cell focuses on institutionalizing PM in the corporate community, through research, assessments, training, engagements and benchmarking.


Center for IT
The Centre for IT (CIT) at SPJIMR was instituted in 1999. CIT engages in creation and delivery of knowledge pertaining to the use of IT in providing competitive edge to business by appropriate deployment of technology and best of clan practice in the field.

Events

SPJIMR Academic Conclave
The SPJIMR Academic Conclave was launched in 2010 to enhance industry-academia interaction. It combined all the annual corporate events of SPJIMR: SPJIMR Operations Management Symposium (formerly Shrinkhala), SPJIMR Information Management Conclave (formerly BhavITva), SPJIMR Marketing Effectiveness Conclave (including the SPJIMR Marketing Impact Awards - SMIA), SPJIMR HR Symposium (formerly TATA HR Summit), and SPJIMR Consulting Symposium (formerly Vinimay).


Ojas
Ojas, the business festival of SPJIMR, was launched in 2009. It emerged as an umbrella event to cover student contests, and the four corporate events that were earlier held separately: Khoj (finance), Shrinkhala (operations), BhavITva (IT) and BuZZ-aaR (marketing). In 2009, it included a variety of business and cultural contests for students under the name 'Mélange'. Ojas 2010 will be organized during 19–22 February.


Sprint
Sprint is SPJIMR's annual sports meet. Launched in 2008, it aims to be provide a platform for fostering competitive spirit, group dynamics and ability to deliver under pressure by pitching together the best sports talent from the top Indian B-Schools. The Sprint events include athletics (12 categories), cricket
Cricket
Cricket is a bat-and-ball game played between two teams of 11 players on an oval-shaped field, at the centre of which is a rectangular 22-yard long pitch. One team bats, trying to score as many runs as possible while the other team bowls and fields, trying to dismiss the batsmen and thus limit the...

, football, swimming
Swimming (sport)
Swimming is a sport governed by the Fédération Internationale de Natation .-History: Competitive swimming in Europe began around 1800 BCE, mostly in the form of the freestyle. In 1873 Steve Bowyer introduced the trudgen to Western swimming competitions, after copying the front crawl used by Native...

, chess
Chess
Chess is a two-player board game played on a chessboard, a square-checkered board with 64 squares arranged in an eight-by-eight grid. It is one of the world's most popular games, played by millions of people worldwide at home, in clubs, online, by correspondence, and in tournaments.Each player...

, carom
Carom
Carom may refer to:* Ricochet* Carom billiards* Carom seeds or Ajwain, a spice-See also:* Carrom, a family of tabletop games* Caromb, a commune in Vaucluse, France...

, basketball
Basketball
Basketball is a team sport in which two teams of five players try to score points by throwing or "shooting" a ball through the top of a basketball hoop while following a set of rules...

, badminton
Badminton
Badminton is a racquet sport played by either two opposing players or two opposing pairs , who take positions on opposite halves of a rectangular court that is divided by a net. Players score points by striking a shuttlecock with their racquet so that it passes over the net and lands in their...

, volleyball
Volleyball
Volleyball is a team sport in which two teams of six players are separated by a net. Each team tries to score points by grounding a ball on the other team's court under organized rules.The complete rules are extensive...

 and throwball
Throwball
Throwball is a non-contact ball sport played across a net between two teams of seven players on a rectangular court. Throwball is popular in Asia, especially on the Indian subcontinent, and was first played in India as a women's sport in Chennai during the 1940s. Like volleyball, the game's roots...

. Sprint 2010 will be organized during 19–22 February.


Lock, Stock & Trade (LST)
Lock, Stock & Trade is an annual national-level entrepreneurship event organized by SPJIMR in association with the National Entrepreneurship Network (NEN). LST is a mock investment game in which the student teams participate as entrepreneurs (who establish public companies) and the investors (who buy the company shares). Two student teams win the game: the "investors" with the highest-value portfolio and the "entrepreneurs" with the company having maximum oversubscription. The keynote speakers for LST have included Kiran Mazumdar (2004), Subroto Bagchi
Subroto Bagchi
Subroto Bagchi is a co-founder of MindTree Ltd., an international IT consulting company. In April 2008, he was redesignated as the "gardener" and in this role he will "repot, fertilize and weed and clip the human resources." He is the author of the books, Go Kiss The World: Life Lessons for the...

 (2005), Chetan Maini (2006) - the founder of the REVA Electric Car Company, Capt. Gopinath (2007 edition, held in January 2008) and Mr. Sharath Babu, CEO Foodking (2011).


GASP
GASP (Guild of Actors @ SP) organizes a play
Play (theatre)
A play is a form of literature written by a playwright, usually consisting of scripted dialogue between characters, intended for theatrical performance rather than just reading. There are rare dramatists, notably George Bernard Shaw, who have had little preference whether their plays were performed...

 every year, after months of preparation. The participants put to use the various management and administrative principles they learn during the course in organizing this play.


Spandan
Spandan is the annual alumni reunion event organized by the Alumni Committee of SPJIMR. It is held every year at SPJIMR Mumbai campus in December. Lots of notable alumni turn up for the event and interact with students and faculty.

Accreditation

The Association of MBAs
Association of MBAs
The Association of MBAs is a London-based international organization that accredits postgraduate business programs at business schools worldwide. The Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on...

 (AMBA) has accorded accreditation to SPJIMR's 2-year PGDM, 1-year PGPM and the Executive Management Programme (EMP). The PGDM programme is also approved by AICTE, and received "A" grade accreditation from the National Board of Accreditation
National Board of Accreditation
The National Board of Accreditation , India was established by AICTE as an autonomous body under section 10 of AICTE act, 1987 for periodic evaluations of technical institutions & programmes basis according to specified norms and standards as recommended by AICTE council...

 (NBA) of India in 2003. The Association of Indian Universities
Association of Indian Universities
Association of Indian Universities is an organisation based in Delhi India to evaluate the courses, syllabi, standard and credits of foreign Universities and to equate them in relation to various courses offered by Indian Universities....

(AIU) recognizes the 2-year PGDM course as equivalent to an MBA degree of an Indian University.

External links

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