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S P Jain School of Global Management

Mumbai & Dubai

https://www.spjain.org/programs/postgraduate/master-of-applied-finance-and-wealth-management
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  • Overview
  • Intakes
  • Courses
  • Cost to Study
  • Scholarships
  • Admissions
  • Gallery
  • FAQs

Overview

S P Jain School of Global Management was founded in 2004 by visionary educator Nitish Jain. Since then, it has become a globally recognized Australian Business School offering Undergraduate, Postgraduate, and Doctoral programs across campuses in Sydney, Singapore, Dubai, and Mumbai. Registered with Australia’s TEQSA, authorized by the KHDA, and accredited by Japan’s ABEST21, SP Jain upholds rigorous academic standards and global relevance.

 

SP Jain has grown into a leading Institution with a bright reputation in international business education. The S P Jain School of Global Management Dubai campus, located in Dubai International Academic City (DIAC) since 2004 and serves a vibrant academic community of 28,000+ students across modules hosted in DIAC. Likewise, the S P Jain School of Global Management Mumbai campus is nestled near the Bandra Kurla Complex (BKC). Students here benefit from close proximity to India’s financial and commercial hub and excellent transport access. Together, the two campuses collectively enroll thousands of students each year from diverse backgrounds and nationalities.

 

SP Jain offers a strong disciplinary breadth of study programs. Research and faculty excellence are anchored by distinguished deans and global faculty involved in industry-relevant scholarship and academic publication. The Master of Applied Finance and Wealth Management (MFWM) is a 12-month, full-time Twinning Program, where candidates spend six months in Mumbai mastering core finance and wealth management modules, followed by six months in Dubai, gaining exposure to a global financial center.

 

This dual campus experience enables students to understand varied regulatory environments, study Fintech ecosystems, and network with industry leaders across two major markets. Further distinguishing the program is SP Jain’s embedded vision and values. With a commitment to transform lives through education, leveraging innovation and AI-enabled tools, it has a strong alumni network of professionals across 66 countries. 

Intakes

S P Jain School of Global Management offers multiple intakes in general for various courses. However, the MFWM Twinning Program at S P Jain School of Global Management in Mumbai and Dubai features a single, exclusive intake in October. It provides a prestigious and highly focused opportunity. This structured annual entry ensures personalized attention, cohort cohesion, and streamlined support from the outset.

With a single intake option starting in October, applicants aiming to begin their first six months in Mumbai must ideally apply by August of the same year to ensure adequate time for academic documentation, entrance test evaluation, personal interview, and issuance of admission offers. After completing the six-month foundational term in Mumbai, students transition to the Dubai campus for the final six months. Visa processing, health insurance arrangements, and optional SP Jain-facilitated housing must be coordinated well in advance.

Top Courses

At the forefront of Postgraduate finance education, the Master of Applied Finance and Wealth Management (MFWM) Twinning Program offered by S P Jain School of Global Management, Mumbai and Dubai, delivers a distinguished and deliberately focused curriculum. This 12-month, full-time Australian degree, accredited by Australia’s TEQSA (Tertiary Education Quality & Standards Agency), is meticulously designed for aspiring professionals poised to excel in global finance and wealth advisory.

 

The course structure is split between Mumbai (six months) and Dubai (six months), enabling immersive exposure to two of the world’s most dynamic wealth management markets. The course to study in Mumbai focuses on foundational and regulatory aspects like portfolio structuring, risk advisory, insurance, retirement and estate planning. Similarly, the course to study in Dubai emphasizes global wealth strategies, sustainable investing, fintech applications and robo advisory platforms.

Master of Applied Finance and Wealth Management

INR 8,26,000 for 6 Months in Mumbai and USD 20,400 for 6 months in Dubai

Annual Fee

12 Months

Duration

Note: The listed courses are among the popular choices; however, universities may offer a wider range of programs. It is recommended to check the university’s official website for the complete list of available courses.

Cost to Study

The S P Jain School of Global Management cost for international students in the MFWM Twinning Program is clearly defined across its Mumbai and Dubai terms. The Mumbai term of six months requires the tuition fees to be paid in INR, and it is inclusive of 18 % GST. The Dubai term of another six months requires the tuition fee payment in USD and is inclusive of VAT. Additional non-tuition fees are mandatory for the Dubai Term, which include the Visa charges and Health Insurance.

 

To confirm a place in the program, students are required to pay a tuition deposit at the time of admission. The remaining tuition fee is payable in two instalments or as decided by the University. All digital transactions must be completed through the official SP Jain payment portal specified in the offer letter.

Types of Expenses Annual Expenses in INR
Annual PG Tuition feeINR 26.14L
Annual Accommodation & food expensesINR 5.5L
OtherINR 2.5L

Note: The tuition fees mentioned are approximate and may vary. It is recommended to check the university’s official website for the most up-to-date fee structure.

Scholarships

SP Jain extends a prestigious range of merit-based scholarships, offering aspirants in the MFWM Twinning Program an opportunity to significantly reduce the tuition component. These study abroad scholarship awards are based on outstanding academic achievement and leadership potential. Applicants with excellence in social service, sports or extracurricular activities are also prioritised. Final scholarship grants also depend on strong performance in the admissions interview.

 

All of these scholarships cover the tuition fees only and do not cover visa fees, insurance, course materials, living costs or other related expenses. No separate application form is required. To show interest, students must tick the scholarship checkbox in the online program application and explain why they merit financial support in their personal essay.

Merit Scholarship

Type: Merit Based

Level: PG Level

Amount: -

Admission Requirements

Prospective candidates aiming to pursue the MFWM Twinning Program at S P Jain School of Global Management, Mumbai and Dubai are met with a selective and globally aligned admissions framework that ensures academic excellence and professional readiness. Eligibility is rigorously defined to uphold the high expectations of this Australian-accredited Postgraduate degree.

 

The admission requirements at the S P Jain School of Global Management for Indian students can be checked below. 

  • Applicants are required to hold a Bachelor’s Degree from a recognized University or other approved tertiary Institution in Commerce, Finance, Business, Mathematics, or any other quantitative discipline, with a minimum aggregate of 50%. 
  • Candidates with a Bachelor’s Degree in other fields may also be considered, provided they demonstrate a strong aptitude through competitive scores in one of the following: GMAT, GRE, or CAT.

  • IELTS: An overall score of 6.5, with no individual band lower than 6.0, is expected. 
  • TOEFL iBT: A minimum overall score of 70 is expected. 
  • PTE Academic: A minimum overall score of 60 is expected. 

Note: Admission requirements may vary, it is advisable to check the official university website for the most up-to-date and specific eligibility criteria.

Student Essential Services

From day one, students enrolled in the MFWM Twinning Program at S P Jain School of Global Management, Mumbai and Dubai experience a superior level of campus support and services. Intended to enhance academic performance and personal well-being, the services across both campuses ensure a smooth transition and vibrant living-learning environment during the six-month terms.

Both campuses foster a rich extracurricular environment where students engage through student-run clubs, cultural exchanges, guest speakers, workshops, and immersive events. In Mumbai, classes are enriched by the 360-degree Immersion Room, innovation labs, breakout rooms, and common spaces that host networking events. In Dubai, social activities range from desert safaris and industry visits to inter-college fests, leadership seminars, and team-building experiences for cross-cultural learning.

The Mumbai campus features indoor and outdoor recreational spaces, including a gym, cricket, volleyball, basketball courts, and leisure areas like a student lounge and gaming zone. Dubai students can access fitness classes, swimming, sports events and wellness workshops facilitated within Nova Tower or via DIAC’s shared infrastructure.

The Mumbai campus does not provide on-site housing. However, it offers comprehensive assistance in sourcing reliable accommodation near the Wadala campus for single or shared apartments close to transport links like the monorail and metro. Students in Dubai may choose SP Jain-provided housing at Nova Tower in Dubai Silicon Oasis (DSO). It is just a 5-minute drive from DIAC and has options like studio, 1 BHK and premium apartments. Off-campus housing support is also arranged for independent seekers. 

Both campuses prioritise student safety and well-being via comprehensive support. A health centre in the Mumbai campus offers first aid, emergency response, and access to medical services. In Dubai, health insurance is mandatory and coordinated through SP Jain, with assistance for clinics and providers. The Counselling & Coaching Centre provides confidential individual and group sessions on mental health, stress management, mindfulness, and personal development programes rooted in positive psychology.

FAQs

S P Jain School of Global Management is internationally recognized and holds accreditations from multiple global authorities. These include:

TEQSA (Australia): Ensuring degrees are internationally recognized.
KHDA (Dubai): Approved by the Knowledge and Human Development Authority.
ABEST21 (Japan): Accreditation for the Global MBA program.
CPE (Singapore): Approved by the Committee for Private Education.

These accreditations collectively ensure that the MFWM degree is accepted and respected across diverse international regions.

In addition to GMAT, GRE, and CAT, the institution conducts its own entrance test known as the S P Jain Aptitude Test (SPJAT), designed for applicants who do not possess standardized test scores.

Yes, health insurance is a mandatory requirement during the Dubai phase, and arrangements are facilitated directly by S P Jain for all enrolled students.

Yes, given the professional nature of the MFWM program, students are expected to maintain a formal dress code during seminars, industry visits, and client-facing sessions, particularly when engaging with Wealth Managers, Private Bankers, and Corporate Leaders.

Yes, students are eligible for the NOL Travel Card, which offers up to a 50% discount on Dubai Metro services, RTA buses, and water taxis, thereby making commuting both convenient and affordable.

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