St. Francis Institute of Management and Research : Ranking, Admissions 2026-27, Courses, Fees, Placements, Scholarship

The St. Francis Institute of Management and Research (SFIMAR), situated in the vibrant Borivali suburb of Mumbai, stands as a distinguished center for management education, operating under the aegis of the Society of the Congregation of Franciscan Brothers. Established in 2002, the institute has steadily built a reputation for fostering holistic professional development through its commitment to academic excellence, value-based education, and rigorous research. Its sprawling, serene campus within the larger St. Francis educational complex provides an ideal environment for scholarly growth, blending modern infrastructure with a disciplined pedagogical approach. The institute offers a variety of management programs, most notably the University of Mumbai-affiliated Master of Management Studies (MMS) and the AICTE-approved, autonomous Post Graduate Diploma in Management (PGDM). Furthermore, the institute caters to undergraduates through its Bachelor of Management Studies (BMS) program and maintains a recognized Research Center for doctoral studies, solidifying its position as a comprehensive hub for management education that bridges the gap between foundational business theory and contemporary corporate challenges.

At the core of SFIMAR’s operational philosophy is a student-centric teaching methodology that prioritizes experiential learning and industry integration. The curriculum is meticulously crafted to be dynamic, incorporating real-world case studies, business simulations, and live projects that push students to think critically and adapt to the evolving demands of the global market. This practical orientation is bolstered by an active Career Management Centre, which facilitates strong partnerships with a diverse array of organizations spanning the BFSI, IT, consulting, and FMCG sectors. Beyond classroom training, the institute emphasizes soft skills, business ethics, and technological proficiency through specialized certificate courses in areas such as Data Analytics, Digital Marketing, and Financial Modeling. The faculty at SFIMAR comprises a blend of seasoned academicians and visiting industry practitioners, ensuring that students receive a balanced perspective on both management theory and current industry trends. By emphasizing continuous evaluation, research-driven inquiry, and collaborative student-faculty interactions, SFIMAR consistently equips its graduates with the professional acumen, leadership qualities, and ethical grounding required to excel in the competitive management landscape while contributing meaningfully to society.

St. Francis Institute of Management and Research: Ranking and Recognition

St. Francis Institute of Management and Research (SFIMAR) in Mumbai is a well-regarded private management institute with several key recognitions.

Accreditation and Recognition

• NAAC Accreditation: SFIMAR holds a Grade 'A+' accreditation from the National Assessment and Accreditation Council (NAAC), awarded during its second cycle.

• AICTE: The institute is approved by the All India Council for Technical Education (AICTE), New Delhi.

St. Francis Institute of Management and Research: Faculty

St. Francis Institute of Management and Research (SFIMAR) in Mumbai maintains a robust faculty team comprising a mix of permanent core academics and experienced visiting industry professionals.

Core Faculty

The core faculty members are primarily responsible for the academic rigor of the programs, including the MMS and PGDM courses. Many hold PhDs and have extensive research experience, contributing to the institute's reputation for academic quality.

Key figures and senior academic leadership include:

• Dr. Shalini Sinha: Director of SFIMAR (MMS department), holding a PhD in Management and an M.Phil in Economics.

• Dr. Sulbha Raorane: Director (PGDM), with dual PhDs (Business Policy & Administration and Management) and an extensive background in Finance and Law.

• Dr. G. Ramesh: Professor, Deputy Director, and Head of the SFIMAR PhD Research Center. He is an IIM Indore alumnus and a veteran in management education with over 30 years of experience, including significant service in the Indian Air Force.

• Other Core Faculty: The institute employs numerous associate and assistant professors across specializations such as Marketing, Finance, Human Resources, and IT, many of whom are PhD holders or UGC NET qualified. 

St. Francis Institute of Management and Research: Application /Admission Process

The admission process at the St. Francis Institute of Management and Research (SFIMAR) in Mumbai is structured differently depending on whether you are pursuing the MMS or PGDM program.

1. MMS (Master of Management Studies)

Application Procedure:

• Register and fill out the online application form on the official DTE/CET Cell Maharashtra website.

• Complete mandatory document verification at an E-Scrutiny Center.

• Participate in the CAP counseling rounds. Seats are allocated based on your entrance score and the state-mandated seat distribution quotas (General, Minority, and Institutional).

2. PGDM (Post Graduate Diploma in Management)

This is an institute-level program with a distinct application process.

• Application: Apply directly through the official PGDM admissions portal.

• Selection Process: The institute evaluates candidates based on a comprehensive profile:

  • Entrance Scores: Valid scores from  MAH-MBA-CET, CAT, CMAT, XAT, MAT, ATMA.

  • Evaluation: The process includes an assessment of your academic record, followed by rounds such as Essay Writing, a Personality Factor (PF) Test, and a Personal Interview.

St. Francis Institute of Management and Research: Programmes /Courses Offered / Fee Structure

The St. Francis Institute of Management and Research (SFIMAR) in Mumbai offers several management programs at the postgraduate and undergraduate levels. Below is an overview of the programs and the typical fee structure.

Programmes & Courses Offered

• Master of Management Studies (MMS): A 2-year full-time postgraduate degree program affiliated with the University of Mumbai. It covers specializations in Finance, Marketing, Human Resources, Operations, and Information Technology.

• Post Graduate Diploma in Management (PGDM): A 2-year full-time postgraduate program (AICTE-approved). This program is known for its rigorous curriculum and is designed to provide a more industry-integrated approach with specializations similar to the MMS program.

• Bachelor of Management Studies (BMS): A 3-year undergraduate program affiliated with the University of Mumbai, providing a strong foundation in management principles.

• Ph.D. in Management Studies: The institute operates a recognized Research Center affiliated with the University of Mumbai, offering doctoral-level research opportunities in various management disciplines.

Fee Structure (Estimates)

 St. Francis Institute of Management and Research: Scholarships

St. Francis Institute of Management and Research (SFIMAR) primarily facilitates access to government-funded scholarship schemes for eligible students rather than offering large-scale internal tuition waivers. Most students apply for these benefits through the Maharashtra government's centralized portals.

Government Scholarship Schemes (MahaDBT)

As an AICTE-approved and University of Mumbai-affiliated institution, SFIMAR students are eligible to apply for various scholarships managed via the MahaDBT (Direct Benefit Transfer) portal. The most common schemes include:

• EBC (Economically Backward Class) Scholarship: Provides tuition fee reimbursement to students whose family income falls within the state-prescribed limits. This is one of the most frequently availed schemes at the institute.

• SC/ST/OBC/VJNT/SBC Scholarships: Students belonging to these categories are eligible for government-sponsored fee reimbursements and maintenance allowances, subject to income thresholds and residency criteria defined by the Maharashtra Government.

St. Francis Institute of Management and Research: Placements

St. Francis Institute of Management and Research (SFIMAR) has a well-established Career Management Centre (CMC) that manages industry relationships and placement activities for its MMS and PGDM programs.

Placement Highlights

The institute consistently maintains strong placement records, with a focus on roles across Finance, Marketing, HR, Operations, and IT.

Placement Support: The Career Management Centre conducts continuous student development activities, including:

• Pre-placement training: Resume building, mock interviews, and group discussion workshops.

• Industry Interaction: Frequent guest lectures, industry visits, and live corporate projects that serve as a bridge to final placements.

St. Francis Institute of Management and Research: Facilities

The St. Francis Institute of Management and Research (SFIMAR) in Borivali, Mumbai, is designed to support a modern management education environment. The campus integrates academic, technical, and extracurricular infrastructure.

Core Campus Infrastructure

• ICT-Enabled Classrooms: The classrooms are equipped with modern teaching aids, including LCD projectors and high-speed internet, to facilitate interactive and digital-led learning.

• Library (Resource Center): A comprehensive library that holds an extensive collection of management books, national and international journals, periodicals, and access to online databases for academic research and case studies.

• Computing Facilities: The institute provides well-maintained computer labs equipped with the latest software relevant to management and analytics, such as Advanced Excel, R programming, and other data analysis tools.

• Seminar Hall & Auditorium: A large, air-conditioned auditorium is used for seminars, industry-expert guest sessions, workshops, and student-led events.

• Canteen/Cafeteria: An on-campus cafeteria provides nutritious food options for students and staff.

• Sports & Fitness: Basic facilities for sports and recreation are available, encouraging a work-life balance for students.

St. Francis Institute of Management and Research: FAQs and Answers

Q: How can I get admission into SFIMAR?

• A: For the MMS program, you must apply through the Maharashtra State Government’s Centralized Admission Process (CAP) after qualifying in exams like MAH-MBA/MMS-CET, CAT, or CMAT. For the PGDM program, you apply directly via the SFIMAR PGDM portal, followed by an internal selection process including an interview and assessment.

Q: Are there any quota seats available?

• A: Yes, there are Institutional Quota seats available for the MMS program, which are filled as per the guidelines laid down by the State Common Entrance Test Cell, Maharashtra.

Q: Does the college provide scholarships?

• A: SFIMAR facilitates government-funded scholarships, such as the EBC (Economically Backward Class) and category-based scholarships (SC/ST/OBC/Minority), through the MahaDBT portal. Students must meet the income and domicile eligibility criteria set by the state government.

Q: Is there a placement cell at the institute?

• A: Yes, the Career Management Centre (CMC) manages corporate relations and placements. It organizes training sessions, mock interviews, and recruitment drives for students.

Q: Is the institute affiliated with the University of Mumbai?

• A: Yes, the MMS and BMS programs are affiliated with the University of Mumbai. The PGDM program is AICTE-approved and is an autonomous postgraduate diploma.