St Francis Institute of Management & Research (SFIMAR), Mumbai logo

St. Francis Institute of Management & Research (SFIMAR), Mumbai

Mumbai, MaharashtraEst. 2002

  • AICTE
  • NAAC A+
  • NBA
  • UGC 2(f) & 12(B)

St. Francis Institute of Management & Research (SFIMAR) was established in 2002 by “The Society of the Congregation of Franciscan Brothers” to impart quality education in the field of Business Management. It is recognized by AICTE, New Delhi and has been granted permanent affiliation by the University of Mumbai. SFIMAR is Grade ‘A+’ (Second Cycle) accredited by National Assessment and Accreditation Council (NAAC) and is recognized under Section 2 (f) & 12 (B) of UGC Act 1956. It is also ISO 9001:2015 Certified by by DNV (Det Norske Veritas). The courses conducted at SFIMAR campus are in a state-of-the-art infrastructure environment with Air Conditioned Classrooms, Computer Labs, Conference Halls, Library and Other Amenities. A core team of experienced and qualified faculty member deliver various courses to the students. Additionally, experienced professionals from various industries are invited as Eminent Speakers/Guest Faculty to provide practical orientation to the application of management principles in various fields. SFIMAR believes in the overall development of students and runs a number of Personality Development Programmes. SFIMAR also provides its students additional certification Programmes such as, Alternative Investment Industry, Project Management, National Institute for Securities Markets (NISM) Mandatory Programmes, CIMA, Digital Marketing, etc. which improves their knowledge and employment prospects. SFIMAR has a very active Placement Department which assist students in achieving appropriate placements and has a track record of almost 100% placement for the past several years.

Avg placement
₹5.8L
Median ₹5L (2026)
Flagship fee
₹3.6L
Master of Management Studies (MMS) · 2-yr
Top package
₹12L
Highest CTC 2026
Programs
2
Across all modes
sfimar mumbai building

Admission dates not announced yet.

Eligibility

Accepted exams

CAT

75%General

XAT

70%General

CMAT

75%General

MAT

70%General

ATMA

No cutoff published

GMAT

No cutoff published

MAH-CET

No cutoff published

Note: Minimum 50% in graduation · Work experience not required

Find out what %ile you need for SFIMAR

Find out your minimum CAT %ile · Enter your academic profile

Placements

Master of Management Studies (MMS)

Flagship programme only · Class of 2026

Avg CTC

₹5.8L

Median ₹5L

Highest CTC

₹12L

Not published

Placed

88%

Not published

Placement trend · batch-wise

  • Avg CTC
  • Highest
Year-on-year placement data not published yet.

Offers by sector

All programs combined

Sector split not published yet.

Summer internships

Top recruiters

hdfc-bank
morgan-stanley
itc
kpmg
capgemini
icici-bank
kotak-mahindra-bank
tech-mahindra
axis-bank
blackrock-services
Official placement report 2026View official data

Programs & Fees

Avg CTC

₹5.8L

Median ₹5L

Avg. Tuition Fee

₹4.2L

Across 2 programs

Placed

88%

Batch of 2026

  • Master of Management Studies (MMS)

    Flagship

    Full-time2 years

    180
    Seats
    —
    No data
    ₹3.6L
    Tuition
  • Post Graduate Diploma in Management (PGDM)

    Full-time2 years

    120
    Seats
    ₹5.8L
    Avg CTC 2023-25
    ₹4.7L
    Tuition

Total cost of the MBA

Fee data 2026-28 · applyo.in

₹5.2Lknown costs so far

Mess charges, personal & travel not published

Note: Total fee for PGDM course is 630000. Apart from that, they also have to paay 61000 extra for Alumni Association Membership and 50% fees of International study tour. Mess and Hostel charges are extra for both the courses.

Interactive tool

Education loan calculator

See your EMI reality

Avg package
₹5.8L
Tuition fees
₹3.6L
Monthly EMI
₹5,901

Scholarships

3 scholarships · up to ₹2.1L

Alumni Outcomes

Only on Applyo

Where SFIMAR graduates end up — alumni insights you won't find on other platforms.

6

Industries

  • Tech / Engineering56%
  • Analytics / Data10.7%
  • Consulting10.7%
  • Operations / SCM7.8%
  • BFSI / Fintech4.9%
  • Marketing / Media2.5%
  • Others7.4%
Compiled by Applyo from recruitment-platform employment data and direct alumni surveys. Outcomes vary.

Campus

What’s on campus

sfimar mumbai entrance

2-acre campus

Hostel optional · 2 hostel blocks

Getting there

  1. Start

    SFIMAR campus

    Mumbai

  2. Airport

    ~15.4 km

    Chhatrapati Shivaji Maharaj International Airport Mumbai

  3. Railway

    ~28.9 km

    Mumbai Central

  4. Nearest city

    In the city

    Mumbai

Living nearby

PGs and flats around SFIMAR, by distance from campus

0.5 km1 km2 km12345678SFIMAR
Rings at 0.5, 1 and 2 km. Dots show distance only, not direction.
  1. 1Agarwal's PG0.3 km
  2. 2PG in Borivali Mumbai - Tenanto0.5 km
  3. 3Balaji pg house1 km
  4. 4GANPATI PG, AC DORMITORY AND ROOMS.1.3 km
  5. 5Pg Borivali1.3 km
  6. 6ELLORA DORMITORY AND ROOMS1.3 km
  7. 7RED CORAL GIRLS PG HOUSE1.3 km
  8. 8Apex Home A/C Dormitory1.4 km

Admission

Application fee

₹1K

Apply at sfimar.org

Interview cities

1

Mumbai

Step by step

  1. 01

    Appear for MAH-CET (for MMS) or other accepted exam

    Appear for MAH-CET (for MMS) or CAT/XAT/CMAT/MAT/ATMA/GMAT (for PGDM)

  2. 02

    Visit sfimar.org and register online

    Visit sfimar.org and register online with a valid email ID and mobile number

  3. 03

    Shortlisting based on entrance exam scores

    Shortlisting based on entrance exam scores

  4. 04

    Participate in DTE Maharashtra CAP counselling rounds-For MMS

    For MMS: Participate in DTE Maharashtra CAP counselling rounds

  1. 05

    For PGDM: Attend institute-level Group Discussion (GD) and Personal Interview (PI)

    For PGDM: Attend institute-level Group Discussion (GD) and Personal Interview (PI)

  2. 06

    Final merit list

    Final merit list / selection announcement

  3. 07

    Fee payment and document submission

    Fee payment and document submission to confirm admission

Composite score

40%

Entrance exam

Selection

  • Group Discussion
  • Personal Interview

FAQs

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What is the fee for MMS/PGDM at SFIMAR?

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The total fee is ₹4.5 lakhs for two years.

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