Jamnalal Bajaj Institute of Management Studies (JBIMS) is a public business school located in Mumbai, India. It was founded in 1965 and is affiliated with the University of Mumbai. JBIMS is one of the premier business schools in India and is ranked among the top 10 business schools in the country. JBIMS offers a two-year full-time Master of Management Studies (MMS) program. The program is accredited by the National Board of Accreditation (NBA) and the Association of Management Consulting Firms (AMCF). JBIMS also offers a number of part-time and executive programs.
The MMS program at JBIMS is designed to provide students with a strong foundation in business management. The program covers a wide range of topics, including marketing, finance, operations, and human resources. Students also have the opportunity to specialize in a particular area of business. Students can avail admission to JBIMS through CAT/CMAT/MHT-CET Scores, however, individuals should also match the cut-off criteria for final admission.
JBIMS has a strong alumni network and a good placement record. In the past year, the average salary for MMS graduates from JBIMS was INR 18.91 lakhs. JBIMS is a great choice for students who want to pursue a career in business management. The school has a strong academic reputation, a good placement record, and a vibrant alumni network.
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JBIMS Highlights
| Highlight | Description |
|---|---|
| Location | Mumbai, India |
| Affiliated with | University of Mumbai |
| Founded | 1965 |
| Enrollment | 1,000+ students |
| Accreditation | NBA, AMCF |
| Programs offered | MMS, MHRD, MSc Finance, PhD in Management |
| Average salary for MMS graduates | INR 18.91 lakhs |
| Alumni network | 25,000+ alumni |
| Website | www.jbims.edu |
JBIMS Important Dates
| Event | Date |
|---|---|
| Application Form Release | 25th March, 2023 |
| Application Form Submission Deadline | 15th May, 2023 |
| CAT/CMAT/MAH-CET Result Announcement | 30th May, 2023 |
| CAP Round 1 Registration Start | 31st May, 2023 |
| CAP Round 1 Registration End | 10th June, 2023 |
| CAP Round 1 Result Announcement | 15th June, 2023 |
| CAP Round 2 Registration Start | 16th June, 2023 |
| CAP Round 2 Registration End | 24th June, 2023 |
| CAP Round 2 Result Announcement | 29th June, 2023 |
| CAP Round 3 Registration Start | 30th June, 2023 |
| CAP Round 3 Registration End | 7th July, 2023 |
| CAP Round 3 Result Announcement | 12th July, 2023 |
| Provisional Admission Start | 13th July, 2023 |
| Provisional Admission End | 18th July, 2023 |
| Final Admission Start | 19th July, 2023 |
| Final Admission End | 25th July, 2023 |
JBIMS Admission
JBSIM Admission is done on the basis of the marks obtained in the entrance exams. The admission process for all the programmes are divided into two phases.
Phase 1– Candidates need to fill it registration form, after the result declaration. It is important that individuals meet the cut off released by JBIMS before applying for any courses.
Phase 2– Shortlisted candidates will be called out for the counseeling process based on th marks obtained. The cousnelling process will entail of Group discussion and personal interview. Based on all the factors candidates will be allotted their seats in JBIMS.
JBIMS MHT CET (CAP) Process
Candidates willing to take admission in the JBIMS, via MHT CET exam, needs to go through the Centralised Admission Process (CAP). Final seat allotment will be done on the basis of the performance achieved in the CAP. Check the MHT CET MBA Cut off list for JBIMS.
| Category | Maharashtra State (HU) category | All India category |
|---|---|---|
| MAH CET Slots | MAH CET (MH) category | MAH CET (AI) category |
| Slot 1 cutoff | 135-137 | 138-140 |
| Slot 2 cutoff | 137-140 | 143-146 |
| Slot 3 cutoff | 142-144 | 147-151 |
| Slot 4 cutoff | 141-143 | 145-149 |
JBIMS Courses & Fees
JBIMS MBA tuition fee is INR 6 Lakhs for two years. The Institute also provides an MHRD, M.Sc in Finance, part-time programmes, and also PhD programme. Here are some highlights of the JBIMS Mumbai Courses:
| Course | Fees |
|---|---|
| Master of Management Studies (MMS) | INR 6 Lakhs |
| Masters in Human Resource Development (MHRD) | INR 7 Lakhs |
| Master of Science in Finance (M.Sc in Finance) | INR 6 Lakhs |
| Part-time Masters in Management Studies (MMS (Part-Time) | INR 7 Lakhs |
JBIMS Expected Cutoff 2023
JBIMS CAT cutoff for MMS is 95 while for MAH-CET it is 99.97. For admission to its MMS Programme, JBIMS recognises CAT / MAH-CET results. The exact cutoff may differ.
| Category | MAH CET Score | CAT Score | CMAT score |
|---|---|---|---|
| General | 95 or < | 93 or < | 95 or < |
| SC/ST/OBC | 90 or < | 75 or < | 75 or < |
| PwD | 87 or < | 70 or < | 75 or < |
JBIMS Entrance Exams
BIMS offers admission to the MMS program through a combination of entrance exams and a personal interview. The entrance exams that are accepted for admission to JBIMS are:
- CAT (Common Admission Test)
- CMAT (Common Management Admission Test)
- MAH-CET (Maharashtra Common Entrance Test)
- GMAT (Graduate Management Admission Test)
The entrance exams are conducted by different organizations, and the application process varies. However, all of the entrance exams test a candidate’s aptitude for business management.
JBIMS: Eligibility and Selection
| Course Name | Eligibility & Selection |
|---|---|
| MMS | Eligibility: UG degree with 50% aggregate (for General category) + pass in any relevant entrance exam Selection: A valid score in MAH CET + CAP rounds conducted by DTE Maharashtra |
| MSc in Finance | Eligibility: UG degree with 50% aggregate (for General category) + Appeared for MH-CET or CAT Selection: CET/ Profile-based shortlisting + Written Ability Test + Group Discussion + Personal Interview |
| MHRD | Eligibility: Class 10 and Class 12 with 60% and UG degree with 50% aggregate for General category) Selection: Written Test + In-person assessment |
| Part-time MMS | Eligibility: A pass in UG degree + 2 years of experience Selection: Common Entrance Test* + GD |
| PhD | Eligibility: Post Graduation in Business Management and related disciplines of Management Selection: A valid score in one among PET/ NET/ SET/ GRF + PI |
JBIMS Placements Overview
| Particulars | 2022 |
|---|---|
| Total No of Students | 149 |
| No of Recruiters | 75+ |
| PPOs/PPIs Offered | 65 |
| Highest Package | INR 42 LPA |
| Average Package | INR 27.63 LPA |
| Median Package | INR 26.48 LPA |
| Popular Domains | BFSI & IB |
| Top Recruiters (Domain-wise) | BFSI & IB: Avendus, Axis Bank, HSBC, JPMC Consulting: Accenture, Deloitte, E&Y, KPMG FMCG, Pharma & Healthcare: Abbott, Marico, Asian Paints Manufacturing & Conglomerates: Adani Group, BMW Group Technology & E-commerce: Flipkart, Tata Cliq, Xiaomi |
JBIMS Placements
| Recruiter | Job Role | CTC |
|---|---|---|
| McKinsey & Company | Associate | INR 42 LPA |
| Boston Consulting Group | Associate | INR 40 LPA |
| Bain & Company | Associate | INR 38 LPA |
| Goldman Sachs | Analyst | INR 36 LPA |
| Morgan Stanley | Analyst | INR 34 LPA |
| Citibank | Analyst | INR 32 LPA |
| HSBC | Analyst | INR 30 LPA |
| Axis Bank | Analyst | INR 28 LPA |
| ICICI Bank | Analyst | INR 26 LPA |
| HDFC Bank | Analyst | INR 24 LPA |
JBIMS Summer Placements 2023
JBIMS offers summer placements for every candidates for gaining experience in their respective fields. Top recruiters like Abbott, Accenture, Axis Bank visit the campus for offering summer placements. Check the table below for the highest and lowest stipend offered in JBIMS Summer Placements for MMS Curriculum.
| Particulars | Details |
|---|---|
| Highest stipend | INR 4.20 lakh |
| Average stipend | INR 2.35 lakh |
| Median stipend | INR 2.40 lakh |
| Top 10% stipend | INR 3.40 lakh |
| Top 30% stipend | INR 3.10 lakh |
JBIMS Alumni
| Name | Designation | Company |
|---|---|---|
| Naina Lal Kidwai | Former CEO, HSBC India | HSBC |
| Uday Kotak | MD & CEO, Kotak Mahindra Bank | Kotak Mahindra Bank |
| Chanda Kochhar | Former MD & CEO, ICICI Bank | ICICI Bank |
| Kalpana Morparia | Former CEO, Standard Chartered India | Standard Chartered |
| T.V. Narendran | CEO, Tata Steel | Tata Steel |
| N. Chandrasekaran | Chairman, Tata Sons | Tata Sons |
| R. Seshasayee | Former CEO, Infosys | Infosys |
| Saurabh Mukherjea | Founder & CEO, Marcellus Investment Managers | Marcellus Investment Managers |
| Nilesh Shah | MD & CEO, Kotak Mahindra Asset Management | Kotak Mahindra Asset Management |
| Sandeep Parekh | MD & CEO, HDFC Securities | HDFC Securities |
JBIMS Ranking
| Ranking Body | Year | Category |
|---|---|---|
| IIRF | 2023 | Management |
| Outlook | 2022 | Top Public MBA Institutions in India |
| Economic Times | 2021 | Top MBA Institutes in India |
| Week | 2019 | Top 10 Institutes of India for MBA |
FAQ
Ques. What are the programs offered by Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai?
Ans. JBIMS offers a range of postgraduate management programs. The flagship program is the Master of Management Studies (MMS), which is a two-year full-time course. Additionally, JBIMS also offers a part-time Master of Management Studies (MMS) program for working professionals, as well as various Executive MBA programs.
Ques. What are the specializations offered in the MMS program at JBIMS?
Ans. JBIMS offers specializations in various functional areas of management. Some of the common specializations include Finance, Marketing, Operations, Human Resources, Information Management, and General Management. The choice of specializations may vary from year to year based on the institute’s curriculum and industry requirements.
Ques. Does Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai offer any doctoral programs?
Ans. Yes, JBIMS offers a Doctoral Program in Management Studies (Ph.D.). The Ph.D. program is designed for candidates interested in pursuing advanced research and academic careers in the field of management. It provides opportunities for in-depth study and specialization in various areas of management.
Ques. Are there any student clubs or extracurricular activities at Jamnalal Bajaj Institute of Management Studies (JBIMS)?
Ans. JBIMS encourages holistic development and offers a range of student clubs and extracurricular activities. These clubs cater to diverse interests such as entrepreneurship, consulting, finance, marketing, operations, and cultural activities. Participating in these clubs and activities allows students to enhance their skills, network with industry professionals, and develop leadership abilities.
Ques. Does Jamnalal Bajaj Institute of Management Studies (JBIMS) provide any financial assistance or scholarships?
Ans. JBIMS may offer financial assistance and scholarships to deserving students. These scholarships can be merit-based, need-based, or specific to certain categories of students. The availability and criteria for scholarships may vary from year to year, and interested students should refer to the official JBIMS website or contact the institute for detailed information.
Ques. Is Jamnalal Bajaj Institute of Management Studies (JBIMS) accredited or recognized by any professional bodies?
Ans. Yes, JBIMS is recognized by various professional bodies and accrediting agencies. It is approved by the All-India Council for Technical Education (AICTE) and is affiliated with the University of Mumbai. JBIMS also holds memberships with organizations such as the Association of Indian Management Schools (AIMS) and the Association to Advance Collegiate Schools of Business (AACSB).