St. Francis Institute of Management and Research

St. Francis Institute of Management and Research (SFIMAR), located in Borivali (West), Mumbai, Maharashtra, is a premier private business school established in 2002 by the Society of St. Francis Industrial Training Institute. The institute is approved by the All India Council for Technical Education (AICTE), New Delhi, recognized by the Directorate of Technical Education (DTE), Government of Maharashtra, and affiliated with the University of Mumbai. Accredited with an "A+" Grade by NAAC and featuring NBA accreditation for its flagship Master of Management Studies (MMS) course, SFIMAR is recognized for its academic standards and ethics-driven business education.

Situated in a spacious, Wi-Fi-enabled campus in Borivali (West), the institute offers state-of-the-art educational infrastructure. Facilities include air-conditioned smart lecture rooms with modern audio-visual technology, high-speed computer laboratories, executive conference halls, an auditorium, and a well-stocked central library with digital research database access.

The teaching model integrates AICTE guidelines and University of Mumbai academic frameworks with industry-oriented guest lectures, practical case studies, soft skills workshops, live projects, and a mandatory 2-month summer internship program.

• Fees range: Approximately INR 4,25,000 to INR 5,75,000 total course fee depending on the postgraduate management stream (MMS or PGDM).
• Flagship program: Master of Management Studies (MMS - Affiliated with University of Mumbai) and Post Graduate Diploma in Management (PGDM - Autonomous AICTE Approved).
• Recognition: Approved by AICTE, recognized by DTE Maharashtra, NAAC Accredited with "A+" Grade, NBA Accredited (MMS), and affiliated with the University of Mumbai.
• Academic focus: Financial Management, Marketing Management, Human Resource Management, Operations Management, and Information Technology / Systems.

Important Admission Dates (Tentative)

The tentative admission schedule for postgraduate management programs (2026–28 session) at SFIMAR Mumbai is outlined below:

St. Francis Institute of Management and Research Admissions 2026–27

Admissions to management courses at SFIMAR Mumbai are conducted via merit-based entrance scores followed by centralized counseling or institutional selection process.

Selection Process:

• MMS Selection Process: Admissions are centrally processed by the Directorate of Technical Education (DTE), Maharashtra, via the Centralized Admission Process (CAP) based on MAH MBA/MMS CET percentiles or recognized national test scores (CAT, CMAT, MAT, ATMA, XAT).
• PGDM Selection Process: Autonomous PGDM selection involves entrance examination percentile evaluation followed by Group Discussion (GD), Personal Interview (PI), past academic record verification, and work experience evaluation.
• Final Seat Enrollment: Admitted candidates finalize admission upon physical document verification and payment of prescribed tuition fees.

General Eligibility Criteria:

• A recognized Bachelor’s degree in any discipline with a minimum of 50% aggregate marks (45% for reserved category candidates belonging to Maharashtra State).
• Candidates appearing in their final year of graduation are eligible to apply provisionally.

Courses Offered at St. Francis Institute of Management and Research

SFIMAR offers AICTE-approved postgraduate and research degree programs:

Postgraduate Management Programs:

• Master of Management Studies (MMS - 2 Years Full-Time): Affiliated with University of Mumbai. Offers core specializations in Finance, Marketing, Human Resource Management, Operations, and Information Technology.
• Post Graduate Diploma in Management (PGDM - 2 Years Full-Time): Autonomous AICTE-approved curriculum. Focuses on industry certifications, practical manager skills, analytical tools, and specialization tracks in Finance, Marketing, and HR.
• Ph.D. in Management Studies: University of Mumbai research center for doctoral scholars in business administration.

Fee Structure of St. Francis Institute of Management and Research

The approximate tuition fee details for management programs at St. Francis Institute of Management and Research, Mumbai are detailed below:

• Note: University registration fees, examination charges, library deposits, and caution deposits are extra as per regulatory norms.
• State Scholarships: Eligible SC, ST, VJNT, SBC, OBC, and EWS candidates residing in Maharashtra can apply for state tuition fee reimbursements through the MahaDBT online scholarship portal.

Campus Infrastructure and Academic Life at St. Francis Institute of Management and Research

• Strategic Borivali Location: Located in Borivali (West), providing connectivity via Western Express Highway, Borivali Railway Station, and Mumbai Metro lines.
• Academic Infrastructure: Smart classrooms with modern audio-visual tools, computer laboratories with analytics software, multi-purpose seminar halls, and a digital reference library.
• Student Activities: Annual corporate conclaves, management fests, corporate guest lectures, cultural activities, and student-driven committee initiatives.

Training, Placement & Career Guidance at St. Francis Institute of Management and Research

SFIMAR operates a dedicated Placement Cell that conducts soft skills training, mock interview sessions, resume development, and campus recruitment drives.

• Placement Performance Highlights:
• Highest Salary Package: INR 10.00 LPA – INR 13.00 LPA
• Average Salary Package: INR 5.00 LPA – INR 5.68 LPA
• Placement Success Rate: Consistently records over 85–90% placement rates for participating graduates.
• Key Recruiters: BlackRock, Morgan Stanley, ICICI Bank, Tata Consultancy Services, Visible Alpha, Linedata, Citco, Enfusion, KPMG, and ITC.

Why Choose St. Francis Institute of Management and Research, Mumbai?

St. Francis Institute of Management and Research offers a combination of academic rigor, NAAC "A+" grade accreditation, and NBA recognition. Located in Borivali, Mumbai, its competitive course fees starting from INR 4,25,000, consistent placement outcomes with top financial institutions, and modern infrastructure make it a strong option for management students in Maharashtra.

St. Francis Institute of Management and Research FAQs

Q1. Is SFIMAR Mumbai approved by AICTE and affiliated with University of Mumbai?

Yes, SFIMAR is approved by AICTE, recognized by DTE Maharashtra, and affiliated with the University of Mumbai for its MMS program.

Q2. What entrance exams are accepted for admission at SFIMAR?

SFIMAR accepts scores from MAH MBA/MMS CET, CAT, XAT, CMAT, MAT, and ATMA.

Q3. What is the total fee for MMS and PGDM courses at SFIMAR Mumbai?

The total course fee is approximately INR 4,25,000 for the MMS program and INR 5,75,000 for the PGDM program.

Q4. What are the average and highest packages offered during campus placements?

The average package ranges between INR 5.00 LPA and INR 5.68 LPA, with the highest package reaching INR 10.00 LPA to INR 13.00 LPA during campus drives.

Q5. Where is St. Francis Institute of Management and Research located?

The institute is located at Mount Poinsur, S.V.P. Road, Borivali (West), Mumbai, Maharashtra.