St. Francis Institute of Management and Research (SFIMAR), Mumbai, established in 2002, is one of the leading private management institutes affiliated with the University of Mumbai. The institute is AICTE-approved, accredited with NAAC 'A+' Grade, and certified under ISO 9001:2015.
SFIMAR Mumbai offers BMS, MMS, PGDM, and Ph.D. in Management Studies with admissions through MAH MBA CET, MAH BMS CET, CAT, CMAT, XAT, MAT, ATMA, and GMAT, depending on the course. The flagship MMS program admits students through Maharashtra CAP Counselling, while PGDM follows an institute-level selection process. The St. Francis Institute of Management and Research MBA Fees (MMS) are INR 2,24,790 per year, whereas the AICTE-approved PGDM fee is INR 2,99,000.
According to the latest placement data, the institute recorded a 90% placement rate, with the highest package of INR 10 LPA and the St. Francis Institute of Management and Research MBA Average Package of INR 5 LPA. Recruiters include KPMG, Deloitte, ICICI Bank, HDFC Bank, BlackRock, Morgan Stanley, Tech Mahindra, Canon, ITC, and Capgemini.
Table of Contents
- St. Francis Institute of Management and Research Highlights 2026
- St. Francis Institute of Management and Research Courses and Fees 2026
- St. Francis Institute of Management and Research Course Admissions 2026
- St. Francis Institute of Management and Research Cutoff 2026
- St. Francis Institute of Management and Research Placements 2026
- St. Francis Institute of Management and Research Scholarships 2026
- St. Francis Institute of Management and Research FAQs
St. Francis Institute of Management and Research Highlights 2026
The highlights of St. Francis Institute of Management and Research for 2026 are as follows:
| Particulars | Details |
| Establishment Year | 2002 |
| Ownership | Private |
| Affiliation | University of Mumbai |
| Approval | AICTE, DTE Maharashtra |
| Accreditation | NAAC 'A+' Grade |
| Courses Offered | BMS, MMS, PGDM, Ph.D. |
| Flagship Course | MMS |
| MMS Fees | INR 2,24,790 (per annum) |
| Highest Package | INR 10 LPA |
| Top Recruiters | KPMG, Deloitte, ICICI Bank, HDFC Bank, BlackRock, Morgan Stanley, ITC, Canon, Capgemini |
| Official Website | https://www.sfimar.org |
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How to Reach |
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St. Francis Institute of Management and Research Courses and Fees 2026
SFIMAR Mumbai offers BMS, MMS, PGDM, and Ph.D. programs in Management. SFIMAR Mumbai admission is through national-level entrance exams such as MAH BMS CET, CAT, XAT, CMAT, ATMA, or MAT and Mumbai University's PET (for Ph.D.), followed by counselling or interviews. The SFIMAR PGDM fees are around INR 2,99,000 for 2 years. Here are the detailed St. Francis Institute of Management and Research courses and fees for 2026:
Course Name | Duration | Eligibility Criteria | Annual Fees |
Bachelor of Management Studies (BMS) | 4 years | Passed 10+2 with a minimum of 50% marks. Selection is through MAH BMS CET. | INR 64,200 |
Master of Management Studies (MMS) | 2 years | Bachelor’s degree with a minimum of 50% marks from a recognised university. Selection through MAH MMS CET + CAP counselling. | INR 2,24,790 |
PGDM (General Management) | 2 years | Bachelor’s degree with 50% marks. Admission through entrance tests (like MAH MBA CET/CAT/XAT/CMAT/ATMA) and an institute-level selection process. | INR 2,99,000 |
Ph.D. in Management Studies | Minimum 3 years (part-time/research-based) | Master’s degree with a minimum of 55% marks. Selection through the University of Mumbai's PET or UGC NET/CSIR-NET/GATE/SET/Teacher Fellowship. |
INR 56,000 |
St. Francis Institute of Management and Research Course Admissions 2026
St. Francis Institute of Management and Research Admissions are conducted through national and state-level entrance examinations. BMS and MMS admissions follow Maharashtra CET Cell regulations, while PGDM admissions are completed through institute-level selection. The detailed SFIMAR Admission Process is mentioned below:
| Admission Stage | Process |
| Step 1 | Check course-wise eligibility before applying. |
| Step 2 | Appear for MAH BMS CET, MAH MBA CET, CAT, CMAT, XAT, MAT, ATMA, GMAT, PET, NET, SET, or GATE, depending on the course. |
| Step 3 | Register for Maharashtra CAP Counselling wherever applicable. |
| Step 4 | Complete the online application form and upload required documents. |
| Step 5 | Participate in CAP counselling, GD, PI, or interview, depending on the selected course. |
| Step 6 | Verify original documents and receive the admission offer. |
| Step 7 | Pay the prescribed course fee to confirm admission. |
St. Francis Institute of Management and Research Cutoff 2026
St. Francis Institute of Management and Research Cut Off for MMS admission is released through Maharashtra CAP rounds after MAH MBA CET results. The SFIMAR Mumbai cutoff 2026 is yet to be announced. The latest available cutoff is shown below.
| Exam | Category | Latest Cut Off |
| MAH MBA CET 2025 | AI | 94.16–96.40 Percentile |
| MAH MBA CET 2025 | GOPENS | 92.09–94.33 Percentile |
| MAH MBA CET 2025 | TFWS | 91.51–94.81 Percentile |
| MAH MBA CET 2025 | Minority | 21.73–60.71 Percentile |
St. Francis Institute of Management and Research Placements 2026
SFIMAR Mumbai has an active placement cell. According to the latest available placement report, the institute achieved a 90% placement rate, with 137 students placed from a batch of 155 students. The highest package reached INR 10 LPA. Recruiters such as KPMG, Deloitte, BlackRock, Morgan Stanley, ICICI Bank, HDFC Bank, Tech Mahindra, Canon, and ITC regularly recruit students across finance, consulting, marketing, HR, operations, and IT roles. Meanwhile, the SFIMAR placement report for 2026 is awaited.
| Particulars | Latest Placement Data |
| Batch Strength | 155 |
| Students Placed | 137 |
| Placement Rate | 90% |
| Highest Package | INR 10 LPA |
| St. Francis Institute of Management and Research Average Package | INR 5 LPA |
| Median Package | INR 4.75–5 LPA |
| Major Recruiters | KPMG, Deloitte, BlackRock, Morgan Stanley, ICICI Bank, HDFC Bank, Canon, ITC, Tech Mahindra, Capgemini |
St. Francis Institute of Management and Research Scholarships 2026
SFIMAR Mumbai supports students through Government of India scholarships, Maharashtra Government fee reimbursement schemes, minority scholarships, institute freeships, and merit awards. Eligible students from reserved categories, economically weaker backgrounds, minority communities, and students affected by exceptional family circumstances can receive financial assistance. The SFIMAR Mumbai scholarships are shown below:
| Scholarship | Eligibility | Benefit |
| GOI Post-Matric Scholarship | SC/ST/VJNT/SBC/OBC students | Tuition fee reimbursement as per Government norms |
| Rajarshi Chhatrapati Shahu Maharaj Scheme | EBC Category | Tuition fee reimbursement |
| Minority Scholarship | Minority Community Students | Merit-cum-Means financial assistance |
| Dr. Punjabrao Deshmukh Hostel Allowance | Eligible Maharashtra students | Hostel maintenance support |
| SFIMAR Freeship | Annual family income below INR 2 lakh, 60% previous semester marks, financial hardship | Partial fee assistance |
| Community Service Scholarship | Students with outstanding social service | Financial support |
| COVID Family Assistance | Students who lost earning parent/family member | Fee assistance |
| SFIMAR Gold Medal | University toppers and specialization toppers | Gold Medal & Certificate |
St. Francis Institute of Management and Research Facilities
St. Francis Institute of Management and Research Mumbai provides modern academic infrastructure and student support facilities.
| Facility | Details |
| Smart Classrooms | Air-conditioned with projectors and smart teaching tools |
| Library | 14,500+ books and 10,000+ e-journals |
| Internet | 1 Gbps Wi-Fi across campus |
| Computer Labs | SPSS, Tableau and licensed software |
| Auditorium | 600-seat fully air-conditioned hall |
| Hostel | Separate accommodation for boys and girls |
| Sports | Indoor games, football, volleyball, badminton and gym |
| Medical Support | First-aid and healthcare facilities |
| Cafeteria | Multi-cuisine food court |
St. Francis Institute of Management and Research FAQs
Is St. Francis Institute of Management and Research approved by AICTE?
Yes. St. Francis Institute of Management and Research is approved by the AICTE and affiliated with the University of Mumbai. The institute also holds NAAC 'A+' accreditation and ISO 9001:2015 certification.
Is St. Francis Institute of Management and Research affiliated with the University of Mumbai?
Yes. SFIMAR Mumbai is affiliated with the University of Mumbai. Its MMS program follows Maharashtra CET Cell and CAP admission guidelines, while the institute also offers AICTE-approved PGDM and research programs in management.
What are the St. Francis Institute of Management and Research MBA Fees?
The St. Francis Institute of Management and Research MBA Fees for the MMS program are INR 2,24,790 per year. The AICTE-approved PGDM program costs INR 2,99,000, with fees covering tuition and other institutional charges.
What is the St. Francis Institute of Management and Research Cut Off for MMS admission?
The latest St. Francis Institute of Management and Research Cut Off for MAH MBA CET closed between 94.16 and 96.40 percentile for the AI category in CAP Round 3. The cutoff changes each year depending on competition and seat availability.
What is the average package at St. Francis Institute of Management and Research?
The St. Francis Institute of Management and Research Average Package is INR 5 LPA, while the highest package reached INR 10 LPA. Students are recruited by companies across BFSI, consulting, IT, FMCG, and manufacturing sectors.
How are SFIMAR Placement opportunities?
SFIMAR Placement records show a 90% placement rate, with recruiters including KPMG, Deloitte, ICICI Bank, HDFC Bank, BlackRock, Morgan Stanley, Tech Mahindra, Canon, ITC, and Capgemini offering roles across multiple management domains.
Does St. Francis Institute of Management and Research offer scholarships?
Yes. The institute offers Government scholarships, minority scholarships, EBC fee reimbursement, institute freeships, COVID assistance, and merit-based gold medals. Eligible students can receive tuition support based on category, income, or academic performance.
What entrance exams are accepted for St. Francis Institute of Management and Research Admissions?
St. Francis Institute of Management and Research Admissions accept MAH BMS CET for BMS, MAH MBA CET for MMS, CAT, CMAT, XAT, MAT, ATMA, and GMAT for PGDM, and PET, UGC NET, SET, or GATE for Ph.D. admissions.
Is St. Francis Institute of Management and Research good for MBA?
Yes. The institute offers an AICTE-approved management education with NAAC 'A+' accreditation, competitive St. Francis MBA Fees, strong industry partnerships, consistent placements, modern infrastructure, scholarships, and University of Mumbai affiliation.
Is St. Francis Institute of Management and Research worth joining for management studies?
Yes. St. Francis Institute of Management and Research is considered a good choice for management studies because it is AICTE-approved, affiliated with the University of Mumbai, and accredited with NAAC 'A+' Grade.

