Kulapati Dr. Kanhaiyalal Maneklal Munshi founded the Bhavan a full decade before India became free.
The founding on November 7, 1938 marked "the beginning of an adventure in faith" -- a faith in India's past, present and future. The Bhavan came into being with the blessings of Mahatma Gandhi and the active support of several eminent leaders like Sardar Patel, Dr. Rajendra Prasad, Pandit Jawaharlal Nehru and other scholars' and eminent professionals.
The Bhavan's ideal is Vasudhaiva Kutumbakam: "The world is one family." Its motto is Aa no bhadraah kratavo yantu vishwatah: "Let noble thoughts come to us from every side."
Margaret Thatcher, the then British Prime Minister laid the foundation stone on April 17, 1981, for what was then called "Bharatiya Vidya Bhavan's Institute for Master of Management Studies". Now, every year 17th April is celebrated as SPJIMR Day.
"In a great country like India, there is no shortage of potential managerial talent. But it needs to be brought to the fore, trained, mobilised, and applied in the right places. Not to do this would be a waste. The Bhavan, I know, is against waste. I applaud your initiative here," said Thatcher in her speech.
The institute took in its first batch of students for the Master of Management Studies, or MMS, programme, working from classrooms and offices above the chemistry lab in the Bhavan's College building
The first batch of SPJIMR, called the Class of 1983, was placed. Several companies came to the campus for recruiting graduates, including A F Ferguson & Co., BPCL, HDFC Ltd., Johnson & Johnson, Wipro, Goodlass Nerolac Paints Ltd., Hindustan Lever, Lloyd Insulations India Limited.
Dr. M.L. Shrikant led the institution for almost three decades, seeing it emerge as a top-ranked school that changed the face of management education in India.
In the words of Dr. Shrikant: "We teach that material success is important but it can ring hollow without an understanding of the deeper purpose that must guide our decisions and a spirit of service that must lead us to action."
This gave SPJIMR the freedom to design its curriculum, making it more relevant to our times, as well as the freedom to hire faculty and choose participants based on a unique mix of performance and values. Post delinking,the then MMS programme became PGDM.
PG Lab (Personal Growth Lab) aimed at promoting self-awareness and appreciating team dynamics. This was one of the first outdoor experiential learning programmes introduced in a B-School. PG Lab later went on to become part of the Organisational Behaviour course.
A new academic block was built, which housed several class rooms like Domes, Library and Computer Centre.
SPJIMR's PGDM programme received approval from the All India Council of Technical Education (AICTE) in 1994, followed by the PGPM programme in 2013 and the FPM programme in 2016.
As a part of the Development of Corporate Citizenship (DOCC), PGDM participants spend up to six weeks with various non-profits in rural India, learning from them and the community. Currently, for the PGPM (1 Year Programme) participants it is a modified, smaller version.
Assessment & Development of Managerial & Administrative Potential (ADMAP) was started to help participants develop their managerial potential by working as part of committees that are empowered to run various functions of the Institute. More than 15 committees work under the ADMAP umbrella today.
The Post Graduate Programme in Family Managed Business (PGP-FMB) is the pioneer Indian programme for scions of family managed businesses. Over the last 22 years, the programme has prepared more than 3,000 participants to take on leadership roles in their family businesses, contributing thereby to their businesses, society and the nation.
Gita Shibir was launched to enable participants develop an awareness of the self and to help them learn to manage themselves before they manage others. Participants attended the course conducted by Swami Viditatmanandji. Gita Shibir later became the Science of Spirituality, a course led by Dr. M. L. Shrikant. The course has since been revised and is now titled, Journey Towards Self Mastery.
Autumn internships ensured that PGDM participants moved on to work after they finished their specialisation courses, making them more industry-ready. In 2019, autumn internships completed 20 years.
Post Graduate Diploma in Information Technology (PGDIT) was aimed at developing a well-rounded capability suitable for a potential "team leader" for IT projects. This programme was equivalent to a Masters in Information Technology. The programme was later renamed as PGDSM-MIT (Post Graduate Diploma Systems Management-Management Information Technology).
Post Graduate Executive Management Programme (PGEMP), a 21- month programme, was designed for working executives with more than five years work experience. Participants continued work as they attended the programme in modules of 10 days every 3 months. PGEMP completed 75 batches in 2019, and is running its 79th batch now.
Wadhwani Foundation selected and financed SPJIMR, IIM-A, BITS Pilani, IIT-B as co-founders of National Entrepreneurship Network (NEN). The purpose of NEN was to create entrepreneurship as a career and to develop first-generation entrepreneurs.
SPJIMR partnered with Virginia Tech for a two-year programme in Post Graduate Diploma Systems Management-Management Information Technology (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 programme has since been discontinued.
A fifteen-month programme, the Post Graduate Programme in Management (PGPM), was launched as a career accelerator for participants with experience of more than five years. In addition to honing the existing skill sets and knowledge, PGPM builds general management perspectives for participants and prepares them to take on broader leadership roles. More than 1500 participants have graduated out of PGPM.
Abhyudaya is a unique pedagogic innovation that aims to foster social responsibility among B-school participants through experiential learning.
Abhyudaya, is a year-long mentorship course through which first year students at SPJIMR mentor underprivileged children (whom we call sitaras) from the neighbouring schools. SPJIMR is the first, and perhaps the only B-school in India, to run such a mentorship programme as a part of its core curriculum.
SPJIMR started this module to give a chance to participants to study and garner experience from B-Schools abroad. We are now partnered with
IT Bandung, Indonesia
Universite Paris Dauphine, France
IESEG school of management, France
Kuehne Logistic University, Germany
Luiss Business School, Italy
Skema (4+ campuses)
Edhec school of business, France
PGDM programme accredited by the National Board of Accreditation (NBA), which is one of the two major bodies responsible for the accreditation of higher education institutions in India.
AMBA accreditation service is the global standard for all MBA and Master's degrees, currently accrediting programmes from the top 2% of business schools in more than 75 countries. Initially, PGDM, PGEMP and PGPM received the AMBA accreditation. PGP-FMB was accredited by AMBA in 2011. PGPGM, PGPDM have also been accorded AMBA accreditation.
SPJIMR Business Academia Conclave is a platform for businesses and academia to connect, share experiences, and learn from each other against the backdrop of evolving market conditions. Several prominent speakers from around the globe and corporate participants come together on this common platform every year. It is now a major industry event for the Institute.
The Alumni Relations office was set up to help access, engage, and collaborate with alumni and to help our alumni connect with each other and grow.
Global Management Programme (GMP), then known as PGCIM (Post-Graduate Certificate in Management Programme)is a full-time residential programme with an international focus where participants spend eight months in SPJIMR and then transfer these credits to complete the international partner university. GMP is partnered with European and US B-schools (partnered with US B-schools since 2019).
Partner Schools are – Brandeis International Business School, Robert H. Smith School of Business, Stevens (Institute of Technology) School of Business, EBS Business School, IESEG School of Management, Nyenrode Business Universiteit.
Post Graduate Programme in Development Management (PGPDM), a pioneering innovative programme was launched in 2011 with the key mandate to bring systematic, professional management practices to the development sector. The programme received a grant from the Tata Trusts of INR 1.9 crore, an acknowledgement of the need for a programme of this kind. PGPDM enabled SPJIMR reach out to Indian NGOs with a programme tailored to the specific needs of the development sector.
The International Immersion programme for PGPM was started to give our participants an edge through advanced courses at leading global institutions: Michigan State University, University of Texas, Austin, Cornell University.
In Ideas to Innovate Challenge, GMAC MET Fund 2012 awarded US $1,63,000 grant to SPJIMR for its pedagogic innovation – Abhyudaya.
Alumni Awards is an annual initiative recognising and awarding the SPJIMR alumni who have made a mark and excelled in their professional roles. Every year, these awards recognize and celebrate excellence in leadership, innovation and creating impact. With their exceptional contribution, our awarded alumni become role models for our alumni community and instill a sense of pride. The award categories are Corporate Excellence, Social Excellence, Excellence in Entrepreneurship, Promising Young Alumnus and Best Company of the Year.
Abhyudaya won the jury award at the World Education Summit 2013, held at New Delhi, under the category of 'Innovation by Management Institution'.
Global Fast Track (GFT) was introduced in SPJIMR to give PGDM participants of SPJIMR an edge in specialisation through advanced courses at leading international business schools like Cornell University, Michigan State University, Carnegie Mellon University.
After a long stint of 28 years, during which he built SPJIMR and turned it into a top ranked and respected school of management, Dr. Shrikant stepped down as Hon. Dean.
Dr. Ranjan Banerjee took over as Dean of SPJIMR.
In the words of Dr. Banerjee "SPJIMR is a B-school with a history of being innovative, value-based, and with the courage to carve its own path".
Abhyudaya won the Gold Award for 'Innovations in Teaching Methodology' at the 6th Indian Management Conclave (IMC), 2015 held in Hyderabad.
SPJIMR rebranded logo has five upward strokes that represent the five personality attributes of the new SPJIMR brand – authentic, dynamic, grounded, innovative, and socially sensitive. Our tagline 'Courage.Heart' together defines the spirit of SPJIMR.
SPJIMR collaborated with Harvard Business School (HBS) Publishing where SPJIMR would be the national training partner for teaching with simulations.
Post Graduate Management Programme for Women (PGMPW) is an accelerated career management programme for women who have taken a break from a full-time career and want to return to the professional world and seek career growth. The programme also aims to help organisations hire talented managers and leaders, and to bring more diversity in their workplace.
SPJIMR launches the Fellow Programme in Management (FPM) to prepare the next generation of academic researchers and thought leaders. This programme brings together a unique mix of rigorous methods and practice orientation to research some of the pressing business challenges.
SPJIMR won the "Innovations That Inspire" award for the #IamSPJIMR campaign, which was a voluntary initiative by faculty, participants, and other SPJIMR family members including alumni for sharing their ideas of the SPJIMR way and how it had touched their lives. The campaign was voted as the world's Top 30 innovations for 2015.
SPJIMR became one of the first B-Schools in India to set up a Design Thinking lab, which makes learning more relevant and practical. The lab enables participants, partner corporates, faculty, professionals including alumni, to prototype their out-of-the-box challenging ideas in a makers' environment.
SPJIMR was invited to the UN Global Compact as one of the eight global B-Schools to have started DOCC which was a pioneering initiative two decades ago.
The Association to Advance Collegiate Schools of Business (AACSB), International, the US-based accreditation body, has named SPJIMR as one of the 35 innovative global schools for engaging a diverse community through its innovative Post Graduate Management Programme for Women (PGMPW).
The Delhi Centre of SPJIMR is spread over 13,000 square feet, in the Bharatiya Vidya Bhavan. The Centre aims to focus on Executive Education, with both long-term and short-term programmes designed to meet the needs of middle to senior-level executives.
SPJIMR received the accreditation from the Association to Advance Collegiate Schools of Business (AACSB), International, the oldest global accrediting body for management schools and the largest business education network connecting students, educators and businesses worldwide.
SPJIMR was conferred with the Innovative Practices Award 2018 by the United Nations Global Compact Network India (GCNI) during the 13th National Convocation of GCNI. The award was for two of our initiatives, Abhyudaya and DOCC, which address two Sustainable Development Goals, quality education, and partnership for the goals.
SPJIMR was one of the five institutes in the Quacquarelli Symonds (QS) Global MBA rankings.The ranking of SPJIMR improved in 2019.
PGP-GM (Post Graduate Programme in General Management) is a 24-month alternate weekend programme for working professionals. It is specially designed for executives with more than five years of work experience, who are unable to take a career break for further education, and is delivered at the New Delhi campus of SPJIMR.
PGMPW won the 'MBA Innovation Award' at the 2019 edition of the Association of MBAs (AMBA) Excellence Awards.
SPJIMR won the award for 'Excellence in Institutional Social Responsibility' at the 6th Federation of Indian Chambers of Commerce and Industry (FICCI) Higher Education Excellence Awards 2019.
The Centre for Financial Studies (CFS) was started to bridge the gap between industry and academia.
A new building opened up new areas for learning. It has state of the art classrooms, group work rooms, DT Lab, 3 storey new library, MDP room. It also has a new auditorium named after Dr. M. L. Shrikant.
SPJIMR ranks at number 36 in Financial Times rankings (FT rankings) of world's best 'Master in Management' programmes. The Financial Times rankings (FT rankings) are considered the gold standard of global B-school rankings. FT Masters in Management global ranking is for the PGDM, our two-year full time management programme.
Bhavan’s SPJIMR is awarded the Tier -1 status under the AICTE “graded autonomy scheme". This is the highest tier possible for institutions affiliated to AICTE, or the All India Council of Technical Education.
Dr. Ranjan Banerjee resigned after serving the Institute for over five years.
SPJIMR was recognised as a "pioneering school" with the highest "Level 5" rating for its social impact and sustainability achievements, in the 2021 edition of Positive Impact Rating at the United Nations PRME Global Forum.
In his inaugural remarks, Dr. Nagaraj said: "We have the privilege of building on an amazing foundation as we look to take our Institute to even greater heights of student and alumni success, faculty thought leadership, and societal impact."
The Financial Times 2021 rankings place SPJIMR at rank 39 for the Institute’s flagship two-year PGDM programme, making the Institute one of only three Indian schools and the only private Indian school of management to feature in the FT Masters in Management top 50 ranks for the year.