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

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

Mumbai, MaharashtraEst. 2002

AICTENAAC A+NBAUGC 2(f) & 12(B)

SFIMAR admissions 2026 are open.

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.

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Eligibility

At a glance

Avg CTC

₹5L

Median ₹5L (2024)

Flagship Fee

₹4.1L

Master of Management Studies (MMS) · 2 years

Top Package

₹10L

Highest CTC 2024

Programs

3

Across all modes

Accepted exams

  • CAT
  • XAT
  • CMAT
  • MAT
  • ATMA
  • GMAT

Cutoffs by exam

CAT

75%

General

XAT

70%

General

CMAT

75%

General

MAT

70%

General

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

Start

Placements

At a glance

Avg CTC

₹5L

Median ₹5L

Highest CTC

₹10L

Not published

Placed

88%

Not published

Master of Management Studies (MMS)

Flagship programme only · Class of 2024

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
    +3 more

    Official placement report 2024View official data

    Programs & Fees

    At a glance

    Avg CTC

    ₹5L

    Median ₹5L

    Avg. Tuition Fee

    ₹4.1L

    Across 3 programs

    Placed

    88%

    Batch of 2024

    ProgramSeatsAvg. PlacementTution Fee
    Master of Management Studies (MMS)Flagship

    Full-time2 years

    ——No data₹4.1LTuition
    Post Graduate Diploma in Management (PGDM)

    Full-time2 years

    ——No data₹6.6LTuition
    Executive Post Graduate Diploma in Business Management (EPBM)

    Executive1 year

    ——No data₹1.5LTuition

    Total cost of attendance

    Tuition fees
    ₹4.1L2025
    Hostel
    ₹1.6L
    Mess chargesNot on official site
    —
    Personal & travelNot on official site
    —
    Total (partial)₹5.7LExcludes mess charges, personal & travel — not published

    Scholarships available

    • Merit-Based Scholarship

      50% academic fee waiver for meritorious students with high scores in MAH-MBA/MMS-CET, CAT, MAT, or CMAT

      ₹2.1L
    • Need-Based Scholarship

      For students from economically weaker sections with family income not exceeding INR 8 Lakhs per annum

    • Reserved Category Scholarship

      For students belonging to SC/ST/OBC categories

    Education loan calculator

    Avg ₹5L package₹4.1L tuition feesSee your EMI reality

    Loan calculator
    ₹4L
    10.5%
    7 Yr
    ₹15L
    Results

    Monthly EMI

    ₹7k

    EMI/Salary

    5.4%

    Total Interest

    ₹1.7L

    Note: At a ₹5L median package, tuition is about 10 months of gross salary.

    Fee data · 2025

    Alumni

    • Tech / Engineering56%
    • Analytics / Data10.7%
    • Consulting10.7%
    • Operations / SCM7.8%
    • BFSI / Fintech4.9%
    • Marketing / Media2.5%
    • Others7.4%

    Notable alumni

    • Kim MenezesHR Business Partner · Tata Consultancy Services2005-2007
    • Rohit GuptaAssociate Manager · Amazon2009-2011
    • Meghna KanchanMakreting Analyst · BlackRock2017-2019
    • Heli ShahTeam Leader · JPMorgan Chase & Co.2014-2016

    Campus

    Mumbai, MaharashtraSFIMAR
    • Campus & housing2-acre campus · Hostel optional · 2 hostel blocks
    • InfrastructureWi-Fi campus · Air-conditioned classrooms · Digital library (DELNET, NDL, INFLIBNET N-LIST) · Boys hostel · Girls hostel
    • Other facilitiesComputer centre / IT centre · Seminar hall · Conference rooms · Health centre · Playground · Interactive Digital Display · ATM · 24×7 security · ERP system · eBiz incubator
    • Clubs & eventsAuditorium
    • Food & messCafeteria
    • Sports & fitnessGymnasium / fitness centre · Sports complex (indoor and outdoor)
    • Fests & clubsLuminance annual fest
    • Getting thereAirport: Chhatrapati Shivaji Maharaj International Airport Mumbai ~15.4 km · Railway: Mumbai Central ~28.9 km

    Admission

    How SFIMAR selects its batch — step by step

    1. 01

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

    2. 02

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

    3. 03

      Fill application form with personal, academic, and contact details

    4. 04

      Upload required documents (mark sheets, entrance scorecards, photograph, ID proof)

    5. 05

      Pay application fee (INR 1,000–2,500 depending on programme)

    6. 06

      Shortlisting based on entrance exam scores

    7. 07

      For MMS: Participate in DTE Maharashtra CAP counselling rounds

    8. 08

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

    9. 09

      Final merit list / selection announcement

    10. 10

      Fee payment and document submission to confirm admission

    • Selection: Group Discussion · Personal Interview
    • Application fee ₹1K
    • Interviews in Mumbai

    FAQs

    The total fee is ₹4.5 lakhs for two years.

    Ready to apply to SFIMAR?

    Applications open · 2026 intake

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