



Mumbai, MaharashtraEst. 2002
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.
Interested in this college? Add it to your shortlist and compare your options.
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
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
Avg CTC
₹5L
Median ₹5L
Highest CTC
₹10L
Not published
Placed
88%
Not published
Flagship programme only · Class of 2024
All programs combined
Avg CTC
₹5L
Median ₹5L
Avg. Tuition Fee
₹4.1L
Across 3 programs
Placed
88%
Batch of 2024
| Program | Seats | Avg. Placement | Tution 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 |
Merit-Based Scholarship
50% academic fee waiver for meritorious students with high scores in MAH-MBA/MMS-CET, CAT, MAT, or CMAT
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
Avg ₹5L package₹4.1L tuition feesSee your EMI reality
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
Appear for MAH-CET (for MMS) or CAT/XAT/CMAT/MAT/ATMA/GMAT (for PGDM)
Visit sfimar.org and register online with a valid email ID and mobile number
Fill application form with personal, academic, and contact details
Upload required documents (mark sheets, entrance scorecards, photograph, ID proof)
Pay application fee (INR 1,000–2,500 depending on programme)
Shortlisting based on entrance exam scores
For MMS: Participate in DTE Maharashtra CAP counselling rounds
For PGDM: Attend institute-level Group Discussion (GD) and Personal Interview (PI)
Final merit list / selection announcement
Fee payment and document submission to confirm admission
The total fee is ₹4.5 lakhs for two years.
Ready to apply to SFIMAR?
Applications open · 2026 intake