St. Francis Institute of Management and Research (SFIMAR), Mumbai, established in 2002, is a prominent B-school located in Borivali (West), affiliated with the University of Mumbai and approved by AICTE. The institute offers a range of management programmes, including the flagship Master of Management Studies (MMS), AICTE-approved Post Graduate Diploma in Management (PGDM), Bachelor of Management Studies (BMS), and a doctoral programme (Ph.D.) in Management. SFIMAR holds NAAC ‘A+’ accreditation and is also ISO 9001:2015 certified, reflecting its commitment to quality education and institutional excellence.
Admission to the MMS programme is primarily through the MAH CET exam followed by the Centralised Admission Process (CAP) conducted by DTE Maharashtra. For PGDM, the institute accepts scores from exams such as CAT, XAT, CMAT, ATMA, and MAT, followed by institute-level selection rounds. The total academic fee for the MMS programme is approximately INR 4,11,000 while PGDM is priced at INR 6,55,000. SFIMAR maintains a strong industry interface, with over 60 companies participating in the campus recruitment process annually, offering a median package of INR 4.75 LPA to its students.
SFIMAR Mumbai Highlights 2025
Key Information | Details |
Year of Establishment | 2002 |
Ownership | Private |
Affiliation | University of Mumbai |
Approved by | AICTE, DTE Maharashtra, UGC |
Accreditation | NAAC Grade ‘A+’ |
PGDM Fees | INR 3,27,720 (1st Year) |
Entrance Exams Accepted | MAHCET, CAT, CMAT, XAT, ATMA, MAT, CAT, CMAT, MAT, ATMA, etc. |
Official Website | |
How to Reach |
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SFIMAR Mumbai Courses and Fees 2025
SFIMAR Mumbai offers undergraduate, postgraduate, and doctoral programmes in Management with specializations across functional and sectoral areas. Admission to these programmes 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 following table represents an overview of SFIMAR Mumbai courses and fees 2025:
Course Name | Duration | Eligibility Criteria | Total Fees |
Bachelor of Management Studies (BMS) | 4 years (full-time) | Passed 10+2 with minimum 50% marks. Selection through MAH-B.BCA/BBA/BMS/BBM CET followed by CAP counselling. | INR 2,40,000 |
Master of Management Studies (MMS) | 2 years (full-time) | Bachelor’s degree with minimum 50% marks from a recognized university. Selection through MAHCET, CAT, XAT, CMAT, ATMA, MAT + CAP counselling. | INR 4,11,480 |
PGDM (General Management) | 2 years (full-time) | Bachelor’s degree with minimum 50% marks. Admission through entrance tests (like MAHCET/CAT/XAT/CMAT etc.) and institute-level selection process. | INR 6,55,440 |
Ph.D. in Management Studies | Minimum 3 years (part-time/research-based) | Master’s degree with minimum 55% marks. Selection through University of Mumbai's PET or UGC-NET/CSIR-NET/GATE/SET/Teacher Fellowship. | INR 56,000 (per year) |
SFIMAR Mumbai Admission 2025
Admission to SFIMAR Mumbai’s management programmes is based on national-level entrance exams like MAH CET, CAT, CMAT, XAT, MAT, and ATMA, followed by the Centralised Admission Process (CAP) conducted by the State Common Entrance Test Cell, Maharashtra. For doctoral programmes, candidates need to qualify the University of Mumbai's PET or equivalent.
- Candidates must apply for relevant exams such as MAHCET, CAT, CMAT, MAT, or ATMA and register for CAP (for MMS) or apply directly to SFIMAR for PGDM and BMS programmes.
- Candidates must appear for the accepted entrance exams. For MMS, MAHCET is commonly preferred. PGDM also accepts other national exams like CAT/CMAT/XAT.
- Based on entrance test scores, candidates are shortlisted for counselling (MMS) or further institute-level rounds (PGDM/Ph.D).
- For MMS, candidates attend CAP rounds. For PGDM, candidates may undergo institute-level interview/assessment. Ph.D. candidates appear for PET and personal interview.
- Selection is based on test scores, counselling/interview performance, academic background, and work experience (if applicable).
- Selected candidates must confirm admission by paying the fees and submitting all required academic and identity documents.
SFIMAR Mumbai Placements 2025
The 2025 placement report of SFIMAR is not released yet. However, St. Francis Institute of Management and Research (SFIMAR) Mumbai has maintained a consistent placement record with participation from reputed recruiters across diverse sectors such as BFSI, IT, Consulting, FMCG, and Manufacturing. The table below highlights the key placement statistics for the 2022-23 graduating batch:
Particulars | MMS / PGDM |
Number of Participating Companies | 60+ |
Median Package | INR 4.75 LPA |
Major Recruiters | Deloitte, EY, TCS, ICICI Bank, HDFC Bank, PwC, Capgemini, Kotak Mahindra Bank, NielsenIQ |
SFIMAR Mumbai Cutoff
Admission to the MMS programme at St. Francis Institute of Management and Research (SFIMAR), Mumbai, is based on the MAH CET entrance exam. The cutoff percentile for General category (All India) candidates has seen a steady rise over recent years, as shown below:
Course | Cutoff 2024 | Cutoff 2023 | Cutoff 2022 |
Master of Management Studies (MMS) | 97.85 percentile | 96.01 percentile | 94.13 percentile |
SFIMAR Mumbai FAQs
What is the flagship programme offered by St. Francis Institute of Management and Research (SFIMAR), Mumbai?
The flagship programme at St. Francis Institute of Management and Research (SFIMAR), Mumbai, is the Master of Management Studies (MMS), a full-time, two-year course.
What is the admission process for the MBA programme at St. Francis Institute of Management and Research (SFIMAR), Mumbai?
Admission to the MBA programme at St. Francis Institute of Management and Research (SFIMAR), Mumbai, is based on the MAH CET (Maharashtra Common Entrance Test) score. Shortlisted candidates are then called for a Personal Interview (PI) and Group Discussion (GD), based on which the final selection is made.
What is the annual academic fee for the MBA programme at St. Francis Institute of Management and Research (SFIMAR), Mumbai?
The total academic fee for the PGDM programme at St. Francis Institute of Management and Research (SFIMAR), Mumbai, is INR 6,55,440 for the entire course.
What are the placement outcomes at St. Francis Institute of Management and Research (SFIMAR), Mumbai?
St. Francis Institute of Management and Research (SFIMAR), Mumbai, has a strong placement record. The median salary package for the 2022-23 batch is INR 4.75 LPA, with top recruiters from sectors like Consulting, Finance, Marketing, and IT.
Are there scholarships available at St. Francis Institute of Management and Research (SFIMAR), Mumbai?
Yes, St. Francis Institute of Management and Research (SFIMAR), Mumbai, offers scholarships to meritorious students based on their academic performance and financial need.
How does St. Francis Institute of Management and Research (SFIMAR), Mumbai compare to other B-schools?
St. Francis Institute of Management and Research (SFIMAR), Mumbai, is considered one of the top B-schools in Mumbai, offering quality education at an affordable fee. It competes with other B-schools like K.J. Somaiya Institute of Management and R. A. Podar Institute of Management, providing a solid academic foundation and good placement opportunities.
