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How many people from other cities take admission in MBA colleges (JBIMS, NMIMS, Welingkar) in Mumbai? Generally what is the ratio in a batch?
To answer this question accurately might be difficult since we do not have the internal data with us and the exact numbers can vary year to year. But, commonly, large numbers of students are from outside Maharashtra.
In JBIMS, the number of non-domicile seats is 18 out of 120, so you can't expect those 18 students to be from outside Maharashtra. It is worth noting that the exact ratio would also depend on several factors like the college's popularity, the number of seats available, and the program they are offering.
Which college is better for a part time MBA: JBIMS or NMIMS?
The way I look at and assess a part-time MBA is different from how I look at and assess a full-time one.
So, I’ll probably look at a few things
- Faculty and course structure: NMIMS aggressively markets for their course and sells it better to you. JBIMS, on the other hand, doesn’t. I have had students who have done their part-time but that’s long ago. So, I’m not going to say anything about the course. A thorough research would help. If there is no great difference then I would look at these factors
- Location: As a working professional and a parent, this matters to me. Taking up a course doesn’t change things for me. In fact, I tend to work harder to keep my family happier, somewhere knowing that I’m taking my time away from them. So traveling to the college should be convenient and more important should be the commute back.
- Fees: This is also a factor worth considering. I usually think of what I will learn and many other factors. However, this factor will be important since the course will be self-sponsored and affordability will be paramount.
- Course flexibility: This is also something I will consider. I’m sure the course would take into consideration the work schedules and hectic work life of their students, but as an entrepreneur, I will also consider the flexibility offered for attendance and submissions.
The primary focus should be to enjoy the learning experience and knowing your goals and how it is transacted is very important and must not be compromised.
Which is the better option, JBIMS or IIM Lucknow?
Considering the ROI and fees, JBIMS is a better option than IIM Lucknow. Also, it is affiliated with Mumbai University so has a brand name also. But in reality, these factors are short-term and cannot be considered if you are investing in your career.
Overall, IIM Lucknow has an upper hand in almost all aspects. Be it placements, faculty, or brand name. Had I been in your place I would have chosen IIM Lucknow mainly because
- Strong alumni base spread throughout India and even globally
- It is a residential campus. The hostel facility is top notch and living and interacting with your batchmates is a great experience.
Both these aspects are lacking in the case of JBIMS because it is standalone and has a very weak alumni network. It also lacks accommodation facilities.
Overall both colleges have roughly the same worth and choosing one over the other is just a matter of preference.
How many seats are there for the CMAT in JBIMS?
This test is for those who haven't taken the CAT but still want to attend JBIMS. By achieving a CMAT score of 99+%, applicants still have a chance to get accepted into JBIMS.
CMAT difficulty level is low to moderate, making it simple to achieve a 99+%ile and gain admission to any of the best business schools, including JBIMS.
There are a total of 150-160 seats available in JBIMS for the MMS program. According to their policy, JBIMS reserve 85% of the seat i.e. 126-136 are reserved for Maharashtra students, and 20-24 seats are available for All India candidates who took admissions through CMAT. So, seats available for CMAT candidates are 20-24 only for the MMS program.
Is JBIMS going to conduct a separate test for MSc Finance? If yes then when?
Yes, there is a separate exam for MSc Finance. For JBIMS Mumbai MSc Finance these exams are considered:
- Domestic Candidates (in India) - CAT / MH-CET
- International Candidates (outside India) – GMAT
The test is likely to be conducted around June 20. The test will be having a total of 100 questions and the duration of 2 hours. The GD and PI are generally conducted in the last week of June.
Which is better between JBIMS for finance and NITIE for operations?
JBIMS (Jamnalal Bajaj Institute of Management Studies) and NITIE (National Institute of Industrial Engineering) are both highly regarded management colleges in India, with MBA programs in Finance and Operations, respectively. Personal preferences, professional aspirations, and industry requirements can all play a role in deciding between the two institutes.
|
Particulars |
JBIMS |
NITIE |
|
Average Package |
INR 23.16 LPA |
INR 25.27 LPA |
|
Highest Package |
INR 44 LPA |
INR 78.20 LPA |
|
Fees |
INR 305,000 per year |
INR 703,000 per year |
JBIMS is a Mumbai-based business school noted for its strong finance program. The institute's academic program is demanding, including topics such as financial markets, corporate finance, and investment banking. Top recruiters such as Goldman Sachs, JP Morgan, and Citibank often hire from the school, demonstrating the institute's strong placement record in the finance industry.
NITIE, on the other hand, is a Mumbai-based university that provides a specialized MBA program in Operations Management. With courses including Supply Chain Management, Logistics, and Quality Management, the institute puts a significant emphasis on industrial engineering and operations research. Top recruiters such as Amazon, Flipkart, and Tata Motors, among others, have visited the school and have a constant high placement record in the operations area.
What are the subjects in an MBA PGDM in finance at IIMs JBIMS FMS and IIFT
The following subjects are offered in IIMs, JBIMS, FMS and IIFT.
- Corporate Finance
- Financial Accounting
- Financial Statement Analysis
- Investment Management
- Derivatives and Risk Management
- International Finance
- Fixed Income Securities
- Financial Modelling
- Behavioral Finance
- Mergers and Acquisitions
- Banking and Financial Services
- Financial Markets and Instruments
- Valuation and Private Equity
- Wealth Management
- Project Finance
- Quantitative Finance
- Microfinance
- Real Estate Finance
- Insurance and Risk Management
- Taxation and Financial Planning
What is the exact criteria for selection in JBIMS MBA degree program if you don t have the domicile of Maharashtra Is CMAT score valid for PGDM and MBA program or it is just MAH CET
Firstly, JBIMS doesn't offer an MBA course. Instead, it offers an MMS course, which is the same as an MBA. Second, there is no PGDM program at JBIMS.
JBIMS Mumbai only offers three full-time programs: the flagship MMS, which is affiliated with Mumbai University, and in-house MHRD (master's in human resources) and MSc Finance. The selection process for these in-house programs is different, and it includes a minimum score on the CAT or CET test and a GDPI.
Now, for the most popular course at JBIMS, the MMS, all you have to do is get the cut-off score. There are no other selection factors, so if you get the cut-off score, you'll be on the list. JBIMS now only accepts MAH-CET, CAT, and CMAT scores.
The cutoff is usually very high. The cutoff for students in the open category is between 99.9 and 99.8. 85% of the seats are held for students from Maharashtra, and the other 15% are for candidates from all over India. Since JBIMS is a government college, places are set aside for OBC, SC, and other groups.
To sum up, JBIMS doesn't have a GDPI selection process like the IIMs do. Instead, you just have to get the cutoff score and you'll get into the MMS course.
How should I resolve my dilemma about whether I should pursue an MBA or not I am an MTech fresher graduate I want to pursue an MBA from JBIMS I am 25?
Choosing whether or not to pursue an MBA can be a difficult decision, and numerous aspects must be considered before making a final decision. Here are some steps you can take to solve your problem:
- Assess your career objectives: Consider your long-term career objectives and how an MBA can help you accomplish them. Determine which skills and information you need to gain in order to achieve your career objectives and whether an MBA can assist you in acquiring them.
- Conduct employment market research: Conduct job market research for MTech and MBA graduates in your subject of interest. Identify the employment roles that you can pursue with both qualifications and evaluate the job profiles, remuneration packages, and growth prospects.
- Think about the cost-benefit analysis: Examine the cost of an MBA program, including tuition, living expenses, and opportunity cost. Compare the cost of an MBA to the potential rewards, which include greater income packages, better employment chances, and career advancement.
- Speak with industry experts: To understand the value of an MBA in your sector, speak with industry experts and professionals in your field of interest. Seek advice on how an MBA can help you achieve your career objectives, as well as the skills and knowledge that employers seek in MBA graduates.
- Assess your readiness: Assess your readiness to pursue an MBA by taking into account your academic background, career experience, and personal situations. Consider if you possess the requisite skills and expertise to succeed in an MBA program, as well as your ability to manage the demands of an MBA program.
Your decision to obtain an MBA is determined by your personal circumstances, career ambitions, and preparation. Before making a final selection, it's critical to weigh your possibilities, investigate the job market, and seek guidance.
Should one write MHCET if aiming for only JBIMS in Maharasthra?
Yes, it is crucial to take the Maharashtra Common Entrance Test (MHCET) if you especially want to be admitted to JBIMS in Maharashtra. The MHCET scores are one of the main considerations for admission to JBIMS' MBA programme.
MHCET results are accepted by other management institutions in Maharashtra as well, however JBIMS is regarded as one of the best business schools in the region and has a highly tough admissions procedure. Therefore, a high MHCET score will boost your chances of being selected for following JBIMS selection stages.
In addition to MHCET, JBIMS also takes into account the applicant's academic standing, professional background, and GD-PI round performance while deciding whether to admit them. To improve your chances of being admitted to JBIMS, it is crucial to adequately prepare for all areas of the admission procedure.
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