St. Francis Institute of Management & Research, Borivali

What St. Francis Institute of Management & Research, Borivali does

St. Francis Institute of Management & Research (SFIMAR) is a private, non-listed management education institution established in 2002 and operated by the Society of the Congregation of Franciscan Brothers (CMSF Society, founded 1901 in Nagpur). Located at Mt. Poinsur, Borivali (W), Mumbai, the institute is a Christian Religious Minority Institution approved by AICTE and DTE, affiliated with the University of Mumbai, and accredited by NAAC (A+ Grade) and NBA for its flagship MMS programme. It offers a portfolio of management programmes including a two-year MMS with five specializations (Finance, Marketing, HR, Operations, IT), an autonomous two-year PGDM, a three-year undergraduate BMS, doctoral Ph.D programmes, an Executive Programme in Business Management (EPBM), and part-time MFM/MMM programmes for working professionals.

The institute's primary customers are graduate and undergraduate students in Maharashtra seeking management education, with corporate recruiters serving as a secondary stakeholder group through the Career Management Centre, which coordinates campus placements, internships, and pre-placement training. Revenue is generated entirely through tuition and programme fees, with admission to the flagship MMS programme routed through the DTE Maharashtra centralized admission process (CAP rounds) and other programmes (PGDM, BMS, Ph.D, EPBM) handled through direct institute-level admissions, supplemented by ATMA scores accepted from AIMS. The institute also operates an internal ERP (erp.sfimar.org), a placement management system, and maintains an active SFIMAR Alumni Association (SAA) registered since 2008, alongside research outputs (SFIMAR Research Review journal, Spandan student journal, annual Pathh international research conference) and ecosystem initiatives including the eBiz incubation zone and Institution's Innovation Council.

The technology posture is administrative and operational rather than technological: core technology is 'Not applicable - Educational institution focused on management education', with no proprietary AI/ML capabilities, public APIs, SDKs, or technology products disclosed. SFIMAR's differentiation rests on its regulatory accreditations (NAAC A+, NBA, ISO 9001:2015), the 123-year educational legacy of the parent CMSF Society, value-based education positioning, and established placement and alumni networks, rather than on technology or product innovation.

Name

St. Francis Institute of Management & Research, Borivali

Legal name

St. Francis Institute of Management & Research

Website

https://sfimar.org

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

SFIMAR is a private Mumbai-based management education institute, established in 2002 under the CMSF Franciscan Brothers, offering AICTE-approved and NBA-accredited MMS, PGDM, BMS, Ph.D, and EPBM programmes to students primarily in Maharashtra, India.

Ownership category

akta.pro rank

Product category

Higher Education / Management Education

NAICS

Colleges, Universities, and Professional Schools (6113), Colleges, Universities, and Professional Schools (611310)

SIC

Services-Educational Services (8200)

akta.pro industry

PRIMARYEDAHAHAO

Management Research Institutes & Doctoral (PhD/DBA) Programs

Education/Higher Education (Colleges & Universities)/Business Schools & Management Institutes

Keywords

• Management education
• Postgraduate programs
• Undergraduate programs
• Doctoral research
• Executive education

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Tuition and Programme Fees: Revenue generated from student tuition fees across various management programmes including MMS, PGDM, BMS, Ph.D, and EPBM. Fee structure varies by programme with published programme fees available on the website.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

SFIMAR is a private management institute that delivers accredited higher-education programs, including a two-year MMS (Master of Management Studies) affiliated with the University of Mumbai, a two-year autonomous PGDM, a three-year undergraduate BMS, doctoral Ph.D research programs, an executive EPBM for working professionals, and part-time MFM/MMM programs. The institute also operates a Career Management Centre that runs summer internships and final campus placements, supporting both students and recruiting companies.

Product overview

St. Francis Institute of Management & Research (SFIMAR) is an educational institution offering a portfolio of management education programs at multiple levels. The core offerings include MMS (Master of Management Studies) - the flagship NBA-accredited postgraduate program affiliated with University of Mumbai, PGDM - an autonomous diploma program, undergraduate BMS program, doctoral Ph.D programs, and executive EPBM program. The institution also offers MFM/MMM part-time programs. Beyond academics, SFIMAR provides a Career Management Centre (CMC) for placement services, operates the SFIMAR Alumni Association (SAA) registered since 2008 for alumni engagement, and produces research through its journals (SFIMAR Research Review, Spandan) and annual international conferences. The institution is approved by AICTE, DTE, NAAC 'A+' accredited, ISO 9001:2015 certified, and is a Christian Religious Minority Institute.

Differentiator

Problem solved

Functional benefit

Products and services

• MMS (Master of Management Studies) Two-year postgraduate management program affiliated with the University of Mumbai, offering five specializations (Finance, Marketing, HR, Operations, IT) with summer internships, live projects, and placement support. Targeted at graduates seeking an accredited management degree with strong campus placement.
• PGDM (Post Graduate Diploma in Management) Two-year autonomous management diploma program offered through a separate portal (sfpgdm.ac.in), with comprehensive curriculum, e-brochures, and online application process for the batch 2026-28. Targeted at graduates seeking an autonomous AICTE-equivalent management diploma.
• BMS (Bachelor of Management Studies) Undergraduate management program with its own dedicated faculty, curriculum, academic calendar, and FAQ section. Targeted at higher-secondary graduates seeking a three-year bachelor's-level management degree.
• Ph.D Programs Doctoral research programs with research guides, RAC members, e-brochures, and program fees information available. Targeted at scholars pursuing management research and doctoral-level academic work.
• EPBM (Executive Programme in Business Management) Executive-level business management program designed for working professionals, with dedicated faculty, brochure, and program fees. Targeted at mid-career professionals seeking management education while continuing employment.
• MFM/MMM (Part-Time Programs) Part-time Master's programs in Finance Management (MFM) and Marketing Management (MMM) for working students seeking management education alongside employment.
• Career Management Centre (CMC) Dedicated placement and career services division coordinating summer internships, final placements, corporate relations, pre-placement training, and alumni placement assistance for SFIMAR students and recruiting companies.
• SFIMAR Alumni Association (SAA) Registered alumni association formed in 2008, organizing the annual alumni meet 'SAMPARK', alumni chapters, SFIMAR Ratna Awards, and various engagement activities for SFIMAR graduates.
• Research Publications and Journals SFIMAR Research Review journal, Spandan Student Research Journal, and the annual Pathh international research conference producing research output for the academic community.

Quantifiable outcome

• NAAC Accredited with A+ Grade
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Corporate Companies (Multiple Recruiters)coreOthersVarious corporate companies recruit from SFIMAR through campus placement drives. The institute has established relationships with companies across industries for student placements and internships.
• AIMS (Association of Indian Management Schools)coreStrategic or Co-development PartnerAIMS conducts the ATMA test which SFIMAR accepts for admission eligibility. Students with ATMA scores can apply for MMS programme.
• University of MumbaicoreStrategic or Co-development PartnerSFIMAR is affiliated to University of Mumbai for its MMS programme. The university confers the degree upon successful completion.
• AICTE (All India Council for Technical Education)coreStrategic or Co-development PartnerSFIMAR is recognized and approved by AICTE, New Delhi for its management programmes.
• DTE Maharashtra (Directorate of Technical Education)coreChannel Partner/ Reseller/ DistributorDTE Maharashtra conducts centralized admission process (CAP rounds) for MMS programme at SFIMAR.
• S.G.T.B. Khalsa College, University of DelhiminorStrategic or Co-development PartnerUGC-Malaviya Mission Teacher Training Centre collaboration for NEP Orientation & Sensitization Programme scheduled from 17 July - 26 July, 2025
• Fraternity OrganizationscoreStrategic or Co-development PartnerThe Society of the Congregation of Franciscan Brothers (CMSF) is the parent organization. Founded on February 22nd, 1901 at Nagpur by Bro. Paulus Moritz and companions.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Symbiosis Institute of Business Management (SIBM), Pune: SNAP-based PGDM programme in Pune from the Symbiosis group; comparable in academic structure and specializations to SFIMAR's PGDM but draws from a broader pan-India applicant pool rather than Maharashtra CET.
• MET Institute of Management: Mumbai-based management institute offering MMS, PGDM, and BMS programmes with comparable specializations. Directly competes with SFIMAR for both CET-eligible postgraduate and undergraduate management applicants.
• NMIMS Mumbai (Narsee Monjee Institute of Management Studies): Large Mumbai-based deemed university offering MBA-equivalent management programmes across multiple specializations. Directly comparable to SFIMAR's MMS/PGDM offering and competes for the same Maharashtra applicant pool via CET-based admissions.
• Jamnalal Bajaj Institute of Management Studies (JBIMS): University of Mumbai-affiliated flagship management institute and one of India's oldest B-schools. Targets the same CET-driven MMS applicant pool as SFIMAR but with a substantially stronger placement brand.
• Chetana's Institute of Management & Research: Mumbai-based management institute affiliated with University of Mumbai offering MMS programmes with similar specializations and CET-driven admissions. Closest like-for-like peer to SFIMAR in scale and structure.
• Welingkar Institute of Management (WeSchool): Mumbai-based AICTE-approved management institute offering PGDM and MMS-equivalent programmes with strong design and business specializations. Competes for similar recruiter relationships and CET-eligible applicants.
• SIES College of Management Studies (SIESCOMS): Navi Mumbai-based management institute offering MMS / PGDM programmes under similar AICTE / University of Mumbai frameworks. Competes directly for Mumbai Metropolitan Region management aspirants.
• ITM Business School, Mumbai: Part of the ITM Group offering PGDM programmes in Mumbai with comparable specialization tracks and recruiter base. Directly competes with SFIMAR's PGDM offering for working-executive and fresh-graduate applicants.
• K. J. Somaiya Institute of Management (SIMSR): Mumbai-based AICTE-approved MBA institute affiliated with Somaiya Vidyavihar University. Directly competes with SFIMAR for MMS admissions and recruiter attention, with a larger programme portfolio and alumni base.

Emerging players

• Amity University Mumbai: Branch campus of Amity offering BBA/MBA-equivalent programmes with broader marketing reach and edtech-enabled delivery. Competes with SFIMAR for Mumbai-region undergraduate and postgraduate management applicants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC3MsS1xg6pTy1ylvYqb_Wfw
• Facebookfacebook.com/St-Francis-Institute-of-Management-and-Research-SFIMAR-1779142772314508
• LinkedInlinkedin.com/company/sfimar
• Instagraminstagram.com/sfimar_mumbai

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about St. Francis Institute of Management & Research, Borivali