Highlights 2026
St. Francis Institute of Management and Research (SFIMAR), established in 1994, continues to be a premier management hub in Mumbai for the academic year 2026. Located in the suburban educational hub of Borivali, it offers a strategic advantage due to its proximity to the Western Express Highway and the thriving commercial centers of North Mumbai.
- Accreditation: NAAC 'A+' Grade (3rd Cycle), AICTE Approved, and ISO 9001:2015 Certified.
- Location: Mumbai, Maharashtra - The financial capital of India.
- Institutional Status: Religious Minority (Christian) Educational Institute.
- Programs: Focus on industry-ready PGDM and MMS courses.
- Campus: Sprawling green campus with state-of-the-art digital infrastructure.
Popular Programmes 2026
The Post Graduate Diploma in Management (PGDM) remains the flagship offering at SFIMAR for 2026. This program is highly autonomous, allowing for frequent curriculum updates to match the fast-paced Mumbai corporate ecosystem.
- PGDM (General): Offers dual specialization options in Finance, Marketing, Human Resources, and Operations/IT.
- PGDM in Financial Management: A specialized track for those aiming for careers in Mumbai's BFSI sector.
- Executive Education: Short-term certification programs for working professionals.
Admission Process & Important Dates 2026
Admission for the 2026 batch follows a rigorous multi-stage selection process designed to identify leadership potential.
| Event | Tentative Timeline |
| Online Application Starts | December 2025 |
| Last Date to Apply | April 2026 |
| Entrance Exams Accepted | CAT 2025, CMAT 2026, MAH-CET 2026, XAT/MAT/ATMA |
| GD/PI Rounds | May - June 2026 |
| Commencement of Classes | July 2026 |
The selection criteria include entrance exam scores (50%), Group Discussion & Personal Interview (25%), and Academic Performance/Work Experience (25%).
Note: Check exact dates on the official exam and college websites.
Expected Cutoff 2026 (approximate)
Note: These are approximate figures based on past trends, not official cutoffs. Check the latest official counselling cutoff before applying.
While cutoffs vary based on the applicant pool, the following percentiles are generally required for the PGDM program in 2026:
- MAH-CET: 82 - 88 Percentile
- CMAT: 75 - 80 Percentile
- CAT/XAT: 70+ Percentile
- MAT/ATMA: 80+ Percentile
Note: Minority candidates may have different cutoff criteria as per DTE Maharashtra norms.
Placements (approximate)
Note: Placement figures are indicative and not taken from the official placement report of the college. Please confirm with the college.
The 2025 placement season saw robust hiring from the BFSI, IT, and FMCG sectors. SFIMAR leverages its deep roots in the Mumbai industry to secure high-quality roles.
- Average Package: INR 6.5 - 7.8 LPA
- Highest Package: INR 14.5 LPA
- Top Recruiters: HDFC Bank, ICICI Bank, Deloitte, Capgemini, Morgan Stanley, Nomura, and Tata Consultancy Services.
- Internships: 100% placement for summer internships with stipends ranging up to INR 40,000 per month.
Scholarships 2026
SFIMAR offers several financial aid options to deserving candidates for the 2026 academic year:
- Merit Scholarship: For students with exceptional entrance exam scores and academic records.
- Minority Scholarship: State Government scholarships for Christian minority students.
- EBC Scholarship: For students belonging to Economically Backward Classes as per Maharashtra Govt norms.
- SFIMAR Excellence Award: Internal awards for consistent academic toppers throughout the course.
Popular Courses
The most sought-after specializations at SFIMAR reflect the demands of the Mumbai job market:
- Finance: Focuses on Investment Banking, Wealth Management, and Corporate Finance.
- Marketing: Emphasizes Digital Marketing, Consumer Behavior, and Sales Management.
- HRM: Covers Strategic HR, Talent Acquisition, and Labor Laws.
- Operations & IT: Focuses on Supply Chain Management and Business Analytics.
Courses and Fees 2026
The fee structure for the 2026-2028 batch is competitively priced compared to other private B-schools in Mumbai.
| Course | Duration | Total Fees (Approx.) |
| PGDM (General) | 2 Years | INR 5,20,000 - 5,80,000 |
| MMS (University Affiliated) | 2 Years | As per FRA Maharashtra norms |
Fees include tuition, library access, and basic study materials, but exclude hostel and international immersion charges.
Application Process 2026
The application for 2026 is primarily online:
- Visit the official website (www.sfimar.org).
- Register and fill out the PGDM application form.
- Upload documents: Entrance exam scorecard, 10th/12th/Graduation mark sheets, and Work Ex certificates.
- Pay the application fee of INR 1,500 (tentative).
- Shortlisted candidates will receive emails for the GD/PI rounds.
Infrastructure
SFIMAR provides a modern learning environment within its Borivali campus:
- Belvedere Library: A massive repository of physical and digital journals, including Bloomberg terminals for finance students.
- Computer Labs: Equipped with the latest software like SPSS, SAP, and Tableau.
- Auditorium: A state-of-the-art venue for international conferences and corporate guest lectures.
- Gymkhana: Facilities for indoor sports and a well-equipped fitness center.
Departments
The institute is organized into specialized departments to ensure focused learning:
- Department of Finance: Manages the 'Fin-Accord' club and stock market simulations.
- Department of Marketing: Runs the 'Market-On' club focusing on real-world branding projects.
- Department of Human Resources: Focuses on soft skills and organizational behavior.
- Department of General Management: Oversees business communication and ethics.
FAQs
While both are strong, SFIMAR is particularly well-regarded for Finance due to its location in Mumbai and its specialized financial labs.
2. Does the college provide hostel facilities?Yes, separate hostel facilities are available for boys and girls, though many students prefer nearby PGs in Borivali.
3. Is there a management quota?Admissions are merit-based; however, there are seats reserved for the Christian Minority community as per government regulations.
4. What is the average package for 2025?The average package was approximately INR 7.2 LPA.
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