JBIMS, Mumbai
About JBIMS
JBIMS Mumbai - Jamnalal Bajaj Institute of Management Studies is an autonomous govt B-School which was established in 1965. JBIMS is known for its rich Legacy, strong Alumni Network & High ROI. JBIMS is ranked 10th by IIRF 2023 in Management Category and it has also been ranked 22nd by Business Today Ranking 2023. JBIMS Mumbai offers MMS, MSc, and PhD courses. Students prefer JBIMS primarily for its finance-related courses.
JBIMS Quick Facts
- JBIMS offers MMS as its flagship program and accepts admissions through CAT / MAH CET. The fees for MBA at JBIMS is INR 6 lacs
- JBIMS average package stood at 28.02 LPA whereas JBIMS highest package stood at INR 35.75 LPA.
- JBIMS is known for its strong foothold in BFSI domain and has a rich alumni base especially in Finance. For this reason it is also known as the “CEO Factory of India”
- It is the 9th ranked B-School in India in terms of average salary for the batch of 2022, ahead of IIM Indore, IIFT, DMS IIT Delhi and SJMSoM
Table of Content
JBIMS Important Dates 2024
| CAT Dates | |
|---|---|
| CAT 2023 Registration Opens | August 02, 2023 |
| CAT 2023 Registration Ends | September 20, 2023 |
| CAT Form Correction | Last Week of September 2023 |
| CAT 2023 Admit Card Release | October 25, 2023 |
| CAT Mock Test Link Activation | 4th Week of October 2023 |
| CAT 2023 Exam Date | November 26, 2023 |
| CAT 2023 Answer Key Release | 1st Week of December 2023 |
| Answer Key Challenge Process | 1st Week of December 2023 |
| CAT 2023 Result Declaration | 1st Week of January 2024 |
| Events | Dates (Tentative) |
|---|---|
| MAH MBA CET Registration | February 23 - March 6, 2024 |
| MAH MBA CET Registration Restarted | March 9 - 11, 2024 |
| MAH MBA CET Form Correction | March 7 - 11, 2024 |
| MAH MBA CET Admit Card | March 19, 2024 |
| MAH MBA CET Exam Date | March 25 - 26, 2024 |
| MAH MBA CET Re-Exam Registration | April 6 to 16, 2024 |
| MAH MBA CET Re-Exam | April 30, 2024 |
| MAH MBA CET Result Declaration | 1st week of May 2024 |
| MAH MBA CET Counselling - Online Registration of Application & Uploading of Required Documents | July 7, 2024 |
| MAH MBA CET Counselling - Documents Verification & Confirmation of Application Form for Admission by Online Mode | July 8, 2024 |
| CMAT Dates | |
|---|---|
| Last Date of Submision of Applications Forms Online | March 13, 2024 (Tentative) |
| Last Date for Payment of Application Fee Online | March 13, 2024 (Tentative) |
| Correction Window (Online Only) | March 14 - March 16, 2024 (Tentative) |
JBIMS Courses & Fees
JBIMS MMS fees is INR 6 Lakhs for 2 years. The Institute also offers MHRD, M.Sc in Finance, Part-time programs and PhD program. Here are some highlights of the Courses offered by JBIMS Mumbai :
MMS
| Masters in Management Studies | |
| Fees | INR 6,00,000 |
| Eligibility Criteria | Bachelor’s Degree with 50% Marks or Students in their Final Year of Graduation |
| Selection Criteria | CAT / MAH-CET scores + Academic Scores + Work Experience + Diversity + Group Discussion + Personal Interview + Writing Ability Test |
| Duration | 2 Years |
| Seat intake | 150 |
MHRD
| Masters in Human Resource Development | |
| Fees | INR 7,00,000 |
| Eligibility Criteria | 10+2 with a 60% Marks and Bachelor’s Degree with 50% marks or Students in their Final Year of Graduation |
| Selection Criteria | Written Aptitude Test + Group Activity + Personal Interview |
| Duration | 2 Years |
| Seat Intake | 30 |
M.Sc in Finance
| Master of Science in Finance | |
| Fees | INR 6,00,000 |
| Eligibility Criteria | Bachelor’s Degree with 50% Marks or Students in their Final Year of Graduation |
| Selection Criteria | CAT / MAH-CET scores + Academic Scores + Work Experience + Diversity + Written Aptitude Test + Group Activity + Personal Interview |
| Duration | 2 Years |
| Seat Intake | 40 |
MMS (Part-Time)
| Part-time Masters in Management Studies | |
| Fees | INR 7,00,000 |
| Eligibility Criteria | Bachelor’s Degree with 2 Years of Work Experience |
| Selection Criteria | MAH-CET scores + Group Discussion |
| Duration | 2 Years |
PhD
| PhD Programme in Management Studies | |
| Eligibility Criteria | M.Phil with 55% Marks |
| Selection Criteria | NET/SET/PET/JRF Scores + Personal Interview + Research Proposal |
| Duration | 3 Years |
| Seat Intake | 40 |
Given below is the table representing MBA/PGP fees of JBIMS Vs MDI Gurgaon Vs SPJIMR Vs FMS Delhi Vs XLRI for last 3 Years:
| Institute | 2023 | 2022 | 2021 |
|---|---|---|---|
| JBIMS | INR 6,00,000 | INR 6,00,000 | INR 6,00,000 |
| MDI Gurgaon | INR 24,16,800 | INR 21,34,000 | INR 21,34,000 |
| SPJIMR | INR 22,10,000 | INR 20,42,000 | INR 19,00,000 |
| FMS Delhi | INR 2,00,000 | INR 1,92,000 | INR 1,92,000 |
| XLRI | INR 27,40,000 | INR 23,60,000 | INR 21,70,000 |
Check JBIMS Courses & Fees
JBIMS Cutoff
JBIMS CAT cutoff for MMS is 95 while for MAH-CET it is 99.99. JBIMS accepts CAT / MAH-CET scores for Admission to its MMS Program. The CAT cut-off for various categories is as follows:
| Category | CAT Percentile |
|---|---|
| General | 95 |
| Reserved (SC/ST/OBC) | 75 |
| Physically Disabled | 75 |
| PIO / Children of Workers in Gulf Countries | 85 |
JBIMS Cutoff for MHT CET MBA/MMS 2023 for CAP Round 1 is 99.99 percentile for the All India category and the state cut-off is 90.90 percentile for the general category. The cut-off for various categories is as follows:
| MHT CET MBA/ MMS Cut-off (Round 1) | ||
|---|---|---|
| Category | Maharashtra State Cut-off | All India Cut-off |
| General | 99.90 | 99.99 |
| SC | 99.46 | - |
| ST | 96.34 | - |
| OBC | 99.77 | - |
| PWD | 99.26 | - |
| PWD OBC | 98.83 | - |
| EWS | 99.79 | - |
| TFWS | 99.86 | - |
| Orphan | 97.59 | - |
JBIMS Cutoff for MHRD for various categories is as follows:
| Category | CAT Percentile | MH-CET Percentile |
|---|---|---|
| General | 85 | 90 |
| Reserved | 75 | 80 |
Top B-Schools CAT Cutoff 2023
| College | Minimum Expected CAT Cutoff |
|---|---|
| MDI Gurgaon | 93-95 |
| SPJIMR | 85 |
| FMS Delhi | 98 |
Read JBIMS Cutoff
JBIMS Admission
JBIMS Admission to its MMS Program is based on a valid CAT / MAH-CET score, followed by a Personal Interview.
JBIMS Admission Process is as follows:
Application Rating (AR) is used to shortlist Candidates for In-person Assessment (IPA). Candidate’s profile is rated on Various parameters, they are as follows:
| Components | Weightage |
|---|---|
| CAT / MAH-CET Scores | 60 |
| Academic Scores | 15 |
| Extra-curricular / Work Experience | 20 |
| Diversity | 5 |
| Total | 100 |
Read JBIMS Admission
After AR is completed, Candidates are called for IPA which includes Personal Interview, Group Discussion and Writing Ability Test. The weightage for Final Selection is as follows:
| Components | Weightage |
|---|---|
| Group Discussion | 20 |
| Personal Interview | 60 |
| Writing Ability Test | 20 |
| Total | 100 |
JBIMS Mumbai Seats
| Category | Total Seats | Percentage of Seats Reserved |
|---|---|---|
| Maharashtra State | 102 | 85% |
| All India Category | 18 | 15% |
| Total | 120 | 100% |
JBIMS Admission Process: Changed in Last 5 Years
| Academic session | Application process | Acceptable exam scores | GD-PI-WAT process |
|---|---|---|---|
| 2015-16 (Batch 2015-17) | Separate. Direct application to JBIMS | MAH-CET/CAT | Conducted by JBIMS separately |
| 2016-17 (Batch 2016-17) | No Separate application. Through Registration for MAH CET 2016 | MAH-CET/CAT/XAT/ CMAT/MAT/ATMA | Through Centralized Admission Process (CAP) conducted by DTE Maharashtra |
| 2017-18 (Batch 2017-19) | Initially announced to accept direct application to JBIMS, later changed through MAH CET | MAH-CET 2017/CAT 2016 | First announced to conduct its own process, than changed and participated in CAP 2017 |
| 2018-19 (Batch 2018-20) | Through MAH CET 2018 | MAH CET 2018/CAT 2017 | Declared 100% Seats for Maharashtra, later changed with 15% seats to All India category. Admission process through DTE CAP |
| 2019-20 (Batch 2019-21) | Through MAH CET 2019 | MAH CET 2019 for MAH State candidates; CAT 2018 & other exams for All India category | Dilemma on Seat Allotment due to Non-Autonomous and Autonomous status, Court intervenes and declares JBIMS Autonomous institute. Admission through CAP delayed, now to be completed by September 17, 2019 |
| 2020-21 (Batch 2021-23) | Through MAH CET 2020 | MAH CET 2020 for MAH State candidates; CAT 2019 & CMAT 2020 for All India category | Admission process through DTE CAP conducted in November/December 2020 and continued till January 2021 |
JBIMS Admission Process
| Admission Stage | Remarks |
|---|---|
| CAT / MAH-CET | Candidates are required to take CAT / MAH-CET before applying to Admission to JBIMS |
| Shortlist of Candidates | Candidates are shortlisted based on their CAT / MAH-CET scores for further Selection |
| CAP Round | Shortlisted Candidates are called for Selection through Common Admission Process (CAP Round) |
| Final Selection | Final Selection is based on Candidate’s Entrance Exam Scores, Academic Scores, Work Experience, Diversity, Group Discussion, Personal Interview and Writing Ability Test |
JBIMS Placements
JBIMS Placements 2023 report is released with the highest package of INR 35.75 LPA & an average package of INR 28.02 LPA. More than 55 recruiters participated in the placement drive. The below table represents the year-wise placement highlights of JBIMS Placements:
| Particulars | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Total No of Students | - | 149 | 157 | 125 |
| No of Recruiters | 55+ | 75+ | 68 | 65 |
| PPOs/PPIs Offered | 132 | 65 | 54 | 60 |
| Highest Package | INR 35.75 LPA | INR 42 LPA | INR 44 LPA | INR 34.36 LPA |
| Average Package | INR 28.02 LPA | INR 27.63 LPA | INR 23.16 LPA | INR 22.84 LPA |
| Median Package | INR 27.6 LPA | INR 26.48 LPA | INR 22.28 LPA | INR 22 LPA |
| Popular Domains | BFSI & Consulting | BFSI & IB | BFSI & IB | BFSI & IB, Consulting |
| Top Recruiters (Domain-wise) | Accenture, Adani, Cisco, Deloitte, EY | Xiaomi, Avendus, HSBC | Wipro, TCS, HDC Bank | Amazon, Grofers |
JBIMS Summer Internship 2024
JBIMS M.Sc Summer Internship Placements for 2024 is as follows:
| Particulars | Internship Statistics (2022-24) |
|---|---|
| Highest Stipend | INR 2.5 Lakhs |
| Average Stipend | INR 85,300 |
| Median Stipend | INR 70,000 |
| Roles Offered | Equity Research, Investment Banking, Business Consulting |
| Top recruiters | Axis Finance, Kotak Bank, Vedanta |
JBIMS Vs MDI Gurgaon Vs FMS Delhi Vs SPJIMR
| College Name | No of Recruiters | No of Students | Highest CTC | Average CTC |
|---|---|---|---|---|
| JBIMS | 55+ | - | INR 35.75 LPA | INR 28.02 LPA |
| MDI Gurgaon | 87 | 391 | INR 1.14 CPA | - |
| FMS Delhi | 107 | 269 | INR 58 LPA | INR 34.2 LPA |
| SPJIMR | 70 | 238 | INR 53.16 LPA | INR 32.06 LPA |
| XLRI | 99 | 427 | INR 60 LPA | INR 30.7 LPA |
Read JBIMS Placements
Pros & Cons of JBIMS
| Pros | Cons |
|---|---|
| Less fees and High ROI | Doesn’t have a Hostel of its own |
| Smaller Batch Size | Small Campus |
| Great Alumni base | Infrastructure is not that great |
| Very good in Finance domain | - |
| Located in the financial hub of India in South Mumbai | - |
JBIMS In Corporate Competitions
| Name of the Company | Name of the Competition | Rank |
|---|---|---|
| Thoucentric | Thoucentric Bottoms Up | National Winners |
| DIAGEO | Diageo Bespirited | National - First Runners Up |
| JP Morgan Chase & Co. | JPMC The Deal | National Runners Up |
| Livspace | Livspace | National Finalist |
| MI | MI Summit | National Finalist |
| Meesho | Product Teardown with Meesho | National Finalist |
| Publicis Sapient | Publicis Sapient Product Spotlight: B School Edition | National Finalist |
| JSW | The JSW Challenge | National Finalist |
| V- Guard | V-Guard Big Idea, Business Plan Contest | National Finalist |
| Virtusa | Virtusa Business Cipher Challenge | National Finalist |
| Wipro | Wipro B- Pro | National Finalist |
| Airtel | Airtel ICreate | National Semi Finalists |
| Colgate | Colgate Transcend | National Semi Finalists |
| Flipkart | Flipkart Wired | National Semi Finalists |
| GEP | GEP Gameplan | National Semi Finalists |
| Hero | Hero Campus Challenge | National Semi - Finalists |
| Phillips | Phillips Think Up Challenge | National Semi - Finalists |
| TITAN | TITAN Elevate | National Semi - Finalists |
Life at JBIMS
JBIMS Campus
JBIMS Campus is comparatively smaller than other B-Schools. Single Red Bricked building of JBIMS includes a Decent-sized Auditorium, Classrooms, Library, Canteen, Leisure & Committee Rooms. JBIMS has classrooms with Air-conditioning & Wifi. Dr. K. S. Basu Memorial Auditorium has a Sitting Capacity of 150 People.
JBIMS Hostel
JBIMS doesn't have a Hostel of its own. 25 Students are given Accommodation on Merit Basis in the Mumbai University Hostel at Marine Drive at INR 7000 per year. The hostel facility offered by JBIMS is only for Boy Students with 60 occupancies for Senior and Junior Batches combined, while there is no facility available for Girls.
A Typical Day at JBIMS
There is no Typical Day at JBIMS. At JBIMS, students are not tied down with a Timetable like other B-Schools. A night before, Students get to know what the Next Morning has in Store for them. The next day is most likely to be packed with Classes, Guest Lectures, Company Presentations etc.
Location & Nearby Places
JBIMS is located in the Financial Capital of the Country, Mumbai. Chhatrapati Shivaji Maharaj International Airport is located 29 kms away from the Institute, while the Churchgate Railway Station is 10 mins walk from the JBIMS Institute. Marine Drive, Nariman Point, Girgaon Chowpatty are some of the Nearby Places from JBIMS.
Get More details at JBIMS Placements
Marine Drive
Committee
There are various Committee at JBIMS, the details of which are as follows:
| Committee Name | Description |
|---|---|
| The Catalyst Forum | Acts as a Student Development Body of JBIMS |
| Student Academic Committee | Responsible for all the Academic activities of JBIMS and acts as Point of Contact between Management, Faculty & Students |
| STRATEGYM | Provides Innovative Solutions to Age old Problems faced by Businessess & Industries |
| Placement Committee | Plays an Essential role in Helping people to realize their Dream of Good Placements |
| Infratech Committee | Handles Physical & Digital Infrastructure of JBIMS |
| E-Cell | E-Cell is the Entrepreneurship Cell of JBIMS |
| Corporate Social Responsibility Committee | Responsible for providing both Financial Returns and Positive Social / Environmental Impact |
| Corporate Relations Committee | Official liaison between JBIMS and the Corporate World for Engagement Activities |
| Alumni Committee | Works as a Binding thread between JBIMS and its Alumni |
JBIMS Alumni
| Name | Designation | Company |
|---|---|---|
| Nitin Paranjpe (1985-97) | Chief People & Transformation Officer | Unilever |
| Chanda Kochhar (1982-94) | Former MD & CEO | ICICI Bank |
| Usha Rao-Monari (1979-81) | Under Secretary General and Associate Administrator | UNDP |
| Vinita Bali (1975-77) | Former MD & CEO | Britannia |
Check Who are some of the famous alumni of JBIMS?
JBIMS Alumni Startup
| Name | Designation | Company |
|---|---|---|
| Sam Balsara (1968-70) | Founder, Chairman & MD | Madison World and Madison Communications |
| Abhishek Rathi (2013-15) | Founder | Fundamental VC |
| Thanush Josheph (1999-01) | Co-Founder & Director | Seventy EMG |
JBIMS Rankings
JBIMS is ranked 10th by IIRF 2023 in the Management Category. The Institute is also ranked 22nd by Business Today Ranking 2023 among the top Indian B-Schools. The details of the JBIMS Rankings are as follows:
| Ranking Bodies | Year | Category |
|---|---|---|
| Indian Institutional Ranking Framework (IIRF) | 2023 | 10th in Management (Govt) |
| 2022 | 9th in Management (Govt) | |
| Business Today | 2023 | 22nd among B-Schools |
| Outlook-ICARE | 2022 | 10th in India’s Top MBA Colleges |
JBIMS FAQs
Ques. Which is the best MBA college in Mumbai among: JBIMS, SPJIMR and NMIMS? Which college among these have highest ranking?
Ans. It is a close call between SPJIMR and JBIMS. NMIMS is not in the same league as these but it is a decent B-School and ranked among the top 30 in India. JBIMS has the highest rank. Indiatoday 2021 ranked the institute 12 for MBA. JBIMS offers better ROI. Read More
Ques. Can I apply for the JBIMS Mumbai MHRD Course being a final year student?
Ans. JBIMS Mumbai offers a two-year full-time 'Master in Human Resource Development (MHRD)' programme. The eligibility criteria also includes the candidature of those applicants who are in their final year of students.
Ques. What are the specializations offered under the JBIMS MMS Programme?
Ans. JBIMS flagship full-time MMS Programme offers specializations under distinguished areas such as Marketing, Finance, Operations & SCM, Human Resources and Systems & IT.
Ques. What is the amount payable for JBIMS MMS Application Process?
Ans. The JBIMS application process generally starts in the month of March, every year. The application form of the institute costs INR 1200, which can be paid online using NEFT/ RTGS/ IMPS.
Ques. What is unique about the JBIMS M.Sc Finance Course?
Ans. JBIMS M.Sc Finance course is uniquely designed to shape ‘Future Financial Leaders’. The program structure is more inclined towards that of the London School of Economics.
Ques. Does JBIMS also offer placement to its M.Sc Program?
Ans. Yes, The M.Sc Finance students at JBIMS are made to participate in the placement dive every year. JBIMS M.Sc Finance Placements 2023 recorded the highest package of INR 27 LPA & an average package of INR 21.36 LPA.
Ques. How are the stipend statistics offered in JBIMS Summer Placements 2024?
Ans. The stipend statistics offered in JBIMS Summer Internship Placements 2024 are as follows:
| Particulars | Stipend |
|---|---|
| Highest Stipend | INR 7.93 Lakhs per month |
| Average Stipend | INR 2.26 Lakhs per month |
| Median Stipend | INR 2.14 Lakhs per month |
| Top 10% | INR 4.10 Lakhs per month |
| Top 30% | INR 3.20 Lakhs per month |
Ques. Which companies visit the college for summer internships at JBIMS?
Ans. The key recruiters for the summer internships are Abbott, Accenture, Aditya Birla Capital, Airtel, Amazon, Amway, Axis Bank, Bajaj Finserv, Barclays, Bridgestone, Dalmia, Castrol, Citi, Capgemini, Cisco, etc.
Ques. How are the JBIMS placements?
Ans. Placements at JBIMS Mumbai are quite good. Students are placed in top-notch companies such as Abbott, Accenture, Aditya Birla Capital, Airtel, Amazon, BYJU’s, ICICI Bank, Kotak, Himalaya, Deloitte, Infosys, etc. In the recent placement drive, the average salary stood at INR 27.63 LPA which got increased by more than 20% compared to the last year. The majority of the students in the placement cycle are placed in BFSI & IB sector.
Ques. What is your review of JBIMS?
Ans. Jamnalal Bajaj Institute of Management Studies, Mumbai is a good college to invest in. With only INR 6 Lacs of fees, students get job offers up to INR 34 LPA. In terms of return on investment, the college is best. Other than this factor, the alumni network, location, and faculty of the college are also appreciable.
Read More: JBIMS Review
Ques. How can I pay fees through NEFT or IMPS?
Ans. You may make payment through NEFT or IMPS on the below-given details:
- Account Name: Jamnalal Bajaj Institute of Management Studies
- Bank: Bank of Baroda
- Branch: Backbay Reclamation Churchgate Mumbai
- Account Type: Saving
- Account Number: 03820100000865
- Bank IFSC Code: BARB0BACKBA (0 to be read as Zero)
- Bank MICR Code: 400012056
Ques. Does JBIMS provide hostel facilities?
Ans. JBIMS Mumbai hostel facilities are available only for the top 25% of students who are non-mumbians. Hostel allotted to these students is J S Hall Marine Drive opposite to the Churchgate station. Students are charged INR 6000 to INR 8000 per year.
Ques. Can I apply for the JBIMS Mumbai MHRD Course being a final year student?
Ans.. JBIMS Mumbai offers a two-year full-time 'Master in Human Resource Development (MHRD)' programme.The eligibility criteria also include the candidature of those applicants who are in their final year of graduation.
Ques. What are the specializations offered under the JBIMS MMS Programme?
Ans.. JBIMS flagship full time MMS Programme offers specializations under distinguished areas such as Marketing, Finance, Operations & SCM, Human Resource and systems & IT.
Ques. What is the amount payable for JBIMS MMS Application Process?
Ans.The JBIMS application process generally starts in the month of March, every year. The application form of the institute costs INR 1200, which can be paid online using NEFT/ RTGS/ IMPS.
Ques. What is unique about the JBIMS M.Sc Finance Course?
Ans. JBIMS M.Sc Finance course is uniquely designed to shape ‘Future Financial Leaders’. The program structure is more inclined towards that of the London School of Economics.
Ques. Can I apply for the JBIMS Mumbai MHRD Course being a final year student?
Ans. JBIMS Mumbai offers a two-year full-time 'Master in Human Resource Development (MHRD)' programme. The eligibility criteria also includes the candidature of those applicants who are in their final year of students.
Ques. What are the specializations offered under the JBIMS MMS Programme?
Ans. JBIMS flagship full-time MMS Programme offers specializations under distinguished areas such as Marketing, Finance, Operations & SCM, Human Resources and Systems & IT.
Ques. What is the amount payable for JBIMS MMS Application Process?
Ans.The JBIMS application process generally starts in the month of March, every year. The application form of the institute costs INR 1200, which can be paid online using NEFT/ RTGS/ IMPS.
Ques. What is unique about the JBIMS M.Sc Finance Course?
Ans. JBIMS M.Sc Finance course is uniquely designed to shape ‘Future Financial Leaders’. The program structure is more inclined towards that of the London School of Economics.
Ques. Which companies visit the college for summer internships at JBIMS?
Ans.. The key recruiters for the summer internships are Abbott, Accenture, Aditya Birla Capital, Airtel, Amazon, Amway, Axis Bank, Bajaj Finserv, Barclays, Bridgestone, Dalmia, Castrol, Citi, Capgemini, Cisco, etc.
Ques. How are the JBIMS placements?
Ans. Placements at JBIMS Mumbai are quite good. Students are placed in top-notch companies such as Abbott, Accenture, Aditya Birla Capital, Airtel, Amazon, BYJU’s, ICICI Bank, Kotak, Himalaya, Deloitte, Infosys, etc. In the recent placement drive, the average salary stood at INR 27.63 LPA which got increased by more than 20% compared to the last year. The majority of the students in the placement cycle are placed in BFSI & IB sector.
Ques. How is the salary package offered to students?
Ans. Students have been offered a handsome amount as salary packages as the recruiting companies are already well-established and are running a good business.
| Particulars | Salary Package (2021-23) |
|---|---|
| Average Salary | INR 28.02 LPA |
| Highest Salary | INR 35.75 LPA |
| Top 10% Average Salary | INR 33.30 LPA |
| Top 30% Average Salary | INR 29.30 LPA |
| Highest salary | INR 27.60 LPA |
JBIMS Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
| HRD | ₹3.5 Lakhs (1st Year Fees) | Graduation | 7 July - 12 Feb 2024 | |
| Ph.D | ₹17,680 (1st Year Fees) | Post Graduation | - | |
| M.Sc | ₹3.04 Lakhs (Total Fees) | Graduation | - | |
| M.M.S | ₹3.05 Lakhs (1st Year Fees) | Graduation | 23 Apr - 03 Jun 2024 |
Courses Offered By JBIMS 2024
Select Degree and Streams to See Course Fees and Admission Details.
Eligibility:
Application Date:
Which is the best MBA college in Mumbai among: JBIMS, SPJIMR and NMIMS? Which college among these have highest ranking?
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How is a MSc Finance from JBIMS?
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JBIMS Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| Application Timeline [MMS] | Ongoing Apr 23, 2024 - Jun 03, 2024 |
| MAHCET Result Date | Tentative Jun 03, 2024 |
| Common Entrance Test & GD/PI [MMS] | Upcoming Jun 08, 2024 - Jun 09, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2023 Result Date | Dec 21, 2023 |
| Application Timeline (MBA) | Jan 11, 2024 - Feb 12, 2024 |
| MAHCET Registration Timeline | Jan 11, 2024 - Feb 12, 2024 |
Important Events
| Events | Dates |
|---|---|
| MAHCET Result Date | Tentative Jun 03, 2024 |
| Application Timeline [MMS] | Ongoing Apr 23, 2024 - Jun 03, 2024 |
| Common Entrance Test & GD/PI [MMS] | Upcoming Jun 08, 2024 - Jun 09, 2024 |
Expired Events
| Events | Dates |
|---|---|
| MAHCET Exam Date | Mar 09, 2024 - Mar 11, 2024 |
| MAHCET Admit Card | Feb 28, 2024 |
| MAHCET Registration Timeline | Jan 11, 2024 - Feb 12, 2024 |
Important Events
| Events | Dates |
|---|---|
| MAHCET Result Date | Tentative Jun 03, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CMAT Result | May 31, 2024 |
| CMAT Exam Date | May 15, 2024 |
| CMAT Admit Card Date | May 06, 2024 |
JBIMS Cutoff 2024
Exams
JBIMS, MAHCET Cutoff 2022
JBIMS, MAHCET Cutoff 2022 for GOPENS Category is listed below. The overall cutoff percentile for MAHCET is 99.93 for round 1.
| Courses | 2022 | 2021 |
|---|---|---|
Compare | 99.93 | 99.93 |
Compare | 99.93 | - |
Compare | 99.93 | - |
JBIMS Rankings 2024
You can check college rankings with different ranking agencies.
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JBIMS: 24 Answered Questions
View AllWhat CAT percentile do I require to get calls from IIM Blackis, FMS, SP Jain, JBIMS and MDI Gurgaon?
For GEM, the CAT percentiles required to get an interview call from IIM Blackis, FMS, SP Jain, JBIMS, and MDI Gurgaon are
- ABC and FMS: Both institutes required nothing less than 99.5. Those who get admission at a lesser percentile, usually don’t belong to the GEM category. There are many who don’t even get a call with 99.3. So to stay on the safer side, go for nothing less than 99.5.
- IIM Indore and Kozhikode: Both the institutes require percentiles around 97.5 for an interview call
- SPJIMR: This Institute has unique selection criteria under which CAT is given less value and calls are issued on the basis of the candidate's profile. The CAT percentile required in this case is less than the normal if you have a good academic profile along with work experience,
- MDI: This institute issues calls around the 96% mark.
It’s important to know that these figures are based on trends and not on actual data so you will find exceptions everywhere. Moreover, it’s better you don’t waste time analyzing the CAT cutoff and start preparing for the same.
How are IIM A students different from students of, say, SP Jain, NMIMS, FMS or JB?
Students at IIM-A are similar to those at SP Jain, NMIMS, FMS, and JBIMS. Aptitude and intelligence are roughly comparable. IIM-A students do not have to compete as hard for placements, so they are less concerned, whereas students from other colleges are constantly concerned about placements.
You'll notice that students from other colleges perform better in competitions than IIM-A because they are generally more hardworking during MBA because the struggle is greater for them. However, because of the brand name, IIM-A students receive far more exposure than students from any other college in India, which benefits students greatly in their personal development.
Do students from IIM/FMS/JBIMS/SPJIMR/IIFT/XLRI bunk classes like engineering students?
At IIM/FMS/JBIMS/SPJIMR/IIFT/XLRI, attendance is seen as a crucial aspect of the learning experience. Every effort must be made to be present in class and to participate actively in the discussions. In fact, class participation is considered to be such an important factor in determining grades that a significant portion of the total course weightage is allocated to it. This system is in place to encourage students to be engaged in the learning process and to ensure that they are taking full advantage of the educational opportunities available to them.
On the other hand, at IIT Kanpur, there is a more relaxed approach to attendance. While it is still advisable to attend classes and to be present for lectures, there is no strict requirement in place. This gives students more flexibility and allows them to choose when they want to attend classes based on their personal schedules or other commitments. It also means that engineering students are not penalized if they miss a class or two, as long as they are able to make up for it by participating in other ways, such as completing assignments or preparing for exams.
Overall, both B-schools and Engineering colleges have different approaches to attendance and class participation. While IIM Ahmedabad places a strong emphasis on being present in class and participating actively, IIT Kanpur takes a more relaxed approach. Ultimately, the choice between the two institutions will depend on the individual student's preferences and learning style.
How is MDI gurgaon's PGP-IM Programme?
MDI Gurgaon’s PGP-IM Program is one of the most coveted Management courses of the institute. It has several features that distinguish it from other regular PGP courses offered at top B Schools. My brother opted for this course out of many and he listed the following reasons that compelled him to go for the program
- The PGP-IM students of MDI Gurgaon are offered an MBA degree from ESCP Europe and this is a major turning point in steering their career globally.
- The admission criteria of the programs have witnessed slight changes with a work experience of 2 years being a compulsion. This is mainly because most European companies prefer prior work experience and hence it becomes easier to get jobs then.
- The work experience requirement has made IM students of MDI Gurgaon in demand for Consulting jobs globally as well as locally.
- The course is dynamic and requires you to go to respective ESCP campuses across London, Madrid, Paris, and Berlin for a 4-month term post which you do your internships, either in Europe or back in India.
- Getting internships is not difficult at all and almost everyone gets an internship easily. 60% of students take internships in Europe, and 40% take them in India.
- If you fail to get or yourself don’t take the PPO from your internship companies, you can sit for Final placements along with PGDM students without any bias.
It’s the above points that strongly assert the worth of the IM program at MDI Gurgaon. As it’s graduate you are not only an MDI alumnus but also an ESCP alumnus. You can use both brand names to your advantage. Choosing MDI is like investing for 2 years for a benefit of 30-35 years. So the brand name and alumni base definitely matter more than just a random IIM tag.
Why is JBIMS and not IIM A or XLRI, known as the “CEO Factory of India”?
It can be affirmatively stated that JBIMS is considered one of the best business schools in India. The trio of IIM A/B/C holds a distinct brand value compared to other top colleges in the country and globally. The brand recognition and respect of the IIM institutes have increased due to its status as an "Institutes of National Importance" and the widespread accomplished alumni base both in and outside of India.
JBIMS boasts an impressive list of notable alumni, including Vinita Bali, the Managing Director of Britannia, Lalita D. Gupte, Chairperson of ICICI Venture Funds Management Company, and Chanda Kochhar, Managing Director & CEO of ICICI Bank, India, just to name a few. Moreover, the Managing Directors and CEOs of some of India's largest companies such as ICICI, HUL, Kotak Mahindra, and Piramal are alumni of JBIMS.
Do graduates from IIMs and JBIMS get the same salary in MBB?
It is important to understand that MBB, a Management consulting firm operates on a level playing field when it comes to career development and opportunities. Regardless of one's background, the only determining factor for success at MBB is one's performance within the firm. The company values hard work, dedication, and results above all else, which is why your alma mater will not have any impact on your salary, career trajectory, or the type of work you are assigned.
This emphasis on the performance of graduates from IIMs and JBIMS over external factors is a unique aspect of MBB and demonstrates the company's commitment to providing equal opportunities for all its employees. The company recognizes and rewards those who have the skills, drive, and determination to excel in their roles, regardless of where they come from.
In conclusion, it is essential to understand that your alma mater, whether it is IIM or JBIMS, holds no weight in determining your salary in MBB. The focus is solely on individual performance, and the company is committed to providing equal opportunities for all its employees.
What are the college timings for an MMS course at JBIMS and Sydenham?
Any typical day at JBIMS depends on your workload and the ongoing semester. The duration of lectures is 3 hours with a small break. The lectures take place in the following shifts
- 7 am-10 am
- 2 pm-5 pm
- 6:30 pm-9 pm
There might be one, two, or three lectures depending on your course. Another set of events that constitute a major part of your day is committee-related events like competitions. Apart from that you are always busy preparing for your presentations and assignments. Attending guest lectures is mandatory and no one can evade them.
The first semester is the busiest as it’s packed with induction, committee election, summer placements, and lectures. You won’t be able to sleep more than 4-5 hours a day and then soon adapt to the strenuous college life.
How is a MSc Finance from JBIMS?
While considering the worth of any program you should consider 3 factors namely curriculum, peer learning, and profiles offered. Let’s discuss M.Sc Finance from JBIMS on the basis of the following factors
- Curriculum: The course structure is pretty good and the quality of knowledge one acquires is also decent. Experienced alumni are invited to hold sessions that explore corporate values. The teaching faculty is also learned and experienced.
- Peer group: Only 30 seats are available for this course so only the best and the cream students are selected. This is also why the peer crowd is extremely talented and there is cut-throat competition. Good peer learning enriched the overall experience of the program.
- Profiles: The placement opportunities are great at JBIMS and the alumni are always there to assist you. The profiles offered both in internships and placements are also decent. The students are encouraged to participate in competitions to upgrade their skills and gain exposure. Sharing the campus with MBA students adds up to the overall experience.
Is it okay to leave JBIMS for IIM Trichy as it has an IIM tag and the companies prefer IIMs more?
There are nine reasons for choosing JB over Trichy. Firstly, JBIMS has a stronger alumni base, with many successful CEO's having graduated from the institute. Secondly, JB has a better reputation in the industry. Thirdly, JB ranks in the top 10 colleges, while Trichy is far behind. Fourthly, the average salary offered at JB (INR 27.63 LPA) is higher than that offered at Trichy (INR 17.01 LPA). Fifthly, JB offers better roles and opportunities. Sixthly, the location of JB (Mumbai) is a major advantage over Trichy. Seventhly, the IIM tag carries more weight when one graduates from BLACKI compared to a newer institute like Trichy. Eighthly, the return on investment for JBIMS is higher than that for Trichy. Finally, the cutoff for general category applicants at JBIMS is 99.93%tile+ in the CET, while the cutoff for Trichy is 93%tile+ in the CAT.
This demonstrates the higher level of competition at JB compared to Trichy.
Why is JBIMS so reputed?
- Location: JBIMS is located in the heart of Mumbai, which is home to many financial company headquarters. The Western region of the country has become a B-school hub and besides JB, there are many top B-schools such as NMIMS, KJ Somaiya, and Symbiosis. Furthermore, Mumbai is the financial, commercial, and entertainment capital of India and JB's proximity to the commercial hub of India (Nariman Point) provides an added advantage.
- Ranking: JBIMS has been ranked 10th by the IIRF 2023 in the Management Category. Additionally, the Institute has been ranked 10th among the Top Public MBA Institutions in India by Outlook 2022. JBIMS has also received the 10th rank among the top 10 Institutes of India for MBA by the Week in 2019.
- Seats Allocation/Intake: JBIMS has an intake of only 120 students in a batch, whereas other B-schools admit nearly 400 students.
- Fees: JBIMS offers its program at an approximate cost of 6 lakhs, while other B-schools offer programs costing nearly 15-16 lakhs.
- Alumni Base: JBIMS has a strong alumni base and is known as the "Factory of CEOs." Notable alumni include Chanda Kochhar (MD & CEO of ICICI bank), Mani Ratnam (filmmaker), Vinita Bali (MD of Britannia), Uday Kotak (Chairman & MD Kotak Mahindra Bank), and Siddharth Roy Kapur (CEO of UTV Motion Pictures).
- Placements: Due to its small size, JBIMS has a record of 100% placement every year and boasts an average salary of 18.76 lakhs per annum.
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Mumbai - 400020
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