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Which is the best MBA college in Mumbai among: JBIMS, SPJIMR and NMIMS? Which college among these have highest ranking?

CM
Chirag Mishra Posted On : May 20th, 2022
MBA from Jamnalal Bajaj Institute of Management Studies (2016)

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. Course fees for the institute are INR 6.05 Lakhs. While the average CTC for the institute is INR 27 LPA, according to JBIMS placements highlights of 2022. If you are interested in Finance, you should choose JBIMS. 

If you are interested in Marketing and Ops, you should go for SP Jain. 

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How are IIM A students different from students of, say, SP Jain, NMIMS, FMS or JB?

AB
Aditi Banerjee Posted On : May 20th, 2023
Lives in Bangalore

The peer pool of IIM Ahmedabad varies from that of other B-schools like SP Jain, FMS, and NMIMS because of the admission criteria and quality of intake. The majority of the IIM Ahmedabad batch comprises performing students with CAT percentile almost touching 100 percentile. and most of them got close to the 100 percentile in CAT and they get opportunities to study business studies in IIM A, B, and C. Very few students get into IIMs through the process of diversification only if they scored more than 80 percent grade in Xth, XII th and Graduate Examinations. The other B schools like SP Jain, FMS, NMIMS, or JB don’t have such strict criteria and the peer pool comprises students from diverse academic profiles rather than just top CAT rankers. 

This is the major point of difference between the two kinds of B Schools. As a result of this, IIM Ahmedabad students are offered better placement opportunities at the global level than these average B-schools. 

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How is life after MBA from JBIMS?

FS
Farah Shah Posted On : January 5th, 2023
MBA in School of Hard Knocks, Jamnalal Bajaj Institute of Management Studies (Graduated 2005)

Life is the same, and what you typically learn academically will hardly be used in your day-to-day life and profession over a 30-year career. What will be useful are your contacts, alumni network, lifelong friends, relationships with visiting faculty (a specialty of JBIMS), and finally the Mumbai spirit, which is unlike most other cities.

JBIMS has a distinct advantage in that it is located in the financial capital of Mumbai, with the majority of students coming from Mumbai and more visiting faculty than permanent faculty. This adds a lot of practical perspectives, which will help in life more than book knowledge. 

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What CAT percentile do I require to get calls from IIM Blackis, FMS, SP Jain, JBIMS and MDI Gurgaon?

AD
Anuraag Das Posted On : April 14th, 2023
Studied at MBA from NMIMS (2020)

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.

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Do students from IIM/FMS/JBIMS/SPJIMR/IIFT/XLRI bunk classes like engineering students?

PT
Pragya Tripathi Posted On : February 28th, 2023
CSE IITK'15, IIMA Batch of 2015-17

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.

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How is the post-MBA life for MBA graduates from top MBA institutions like FMS, XLRI, MDI, NITIE, SPJain, and JBIMS?

AM
Aditya Mukharjee Posted On : July 4th, 2022
Studied at Management Development Institute, Gurgaon

Life post-MBA from top B-Schools such as FMS, XLRI, MDI, NITIE, JBIMS, and SP Jain for most people is comfortable, because of decent pay packages and perks. Most alumni of these institutes are placed in companies and sectors of their choice. Here are the recent placement highlights for these institutes.

Institute  Average CTC (in INR) Highest CTC (in INR)
FMS 32.4 LPA 58 LPA
XLRI 30.78 LPA  60+ LPA
MDI 26.07 LPA 1.14 CPA
NITIE 25.41 LPA 49 LPA
SP Jain 26.06 LPA 46.65 LPA
JBIMS 27.63 LPA 42 LPA

Achieving a work-life balance can be difficult. However, doing MBA from these institutes will certainly teach you how to handle the pressure of professional life. 

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What is a detailed plan to crack the MH-CET, so as to get into JBIMS?

NM
Nishank Mantri Posted On : August 17th, 2020
MMS from Jamnalal Bajaj Institute of Management Studies (2019)

The estimated required MH CET cutoff for 2020 is 97.37. Usually, if a student scores 153 out of 200 in MH CET they secure 99 percentile in the exam however for securing 100 percentile you have to score close to 163-165. To get a good score in MH-CET for taking admission into JBIMS you should follow the following instructions.

  • Knowing about the exam and syllabus:You should be aware of the important dates, syllabus, and exam pattern. Find out the previous year’s cut-offs for JBIMS and prepare with a goal for the same.
  • Plan and create a strategy:In MH CET, the student needs to answer 200 questions within 150 questions. Managing time is essential for scoring well in this examination. There are 4 main sections for the exam namely; verbal ability (50), logical reasoning (75), quantitative aptitude (50), and abstract reasoning (25). Plan your strength and weakness in each section and prepare accordingly ideally you should start preparing at least 4 to 5 months before the date of the examination.
  • Solve Mock tests:Solve as many mock tests as you can that will help you to get familiar with the pattern of question. Solving mock tests also helps in managing time during test.
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What exactly do I need to do to get into JBIMS Mumbai?

KS
Kokila Singh Posted On : February 28th, 2023
MBA from Jamnalal Bajaj Institute of Management Studies (Graduated 2011)

As a candidate interested in pursuing an MBA from JBIMS, you should aim to score a 99.97 percentile or higher in the MH-CET examination. Currently, JBIMS does not conduct a GDPI, and admission is based on the Centralized Admission Process (CAP) round, organized by the DTE. The institute has a limited number of 120 seats.

JBIMS has a relatively low fee structure, yet it offers exceptional placement opportunities. During the 2022 placement drive, the median CTC was INR 26.48 LPA, and the highest salary offered was INR 42 LPA. This highlights the institute's excellent return on investment (ROI) for its students.

JBIMS is a top B-school with a big brand value, high-quality faculty members, a rich alumni network, and excellent placement opportunities. It's the perfect place to fulfill your dream of pursuing an MBA.

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How good is JBIMS full time MBA (MMS)?

SR
Smriti Roy Posted On : February 4th, 2023
Post Graduation Master of Business Administration Degrees & Marketing, Jamnalal Bajaj Institute of Management Studies

JBIMS is a top-ranked B-school in India, renowned for its excellent faculty, curriculum, and placement records. Offering MMS (MBA), M.Sc in Finance and part-time courses in Management, Finance, and HR, the institute's faculty is comprised of all Ph.D. holders. With a course fee of 2-3 LPA, students receive an average salary package of 18 LPA, with the highest CTC reaching 30 LPA. Admissions are based on scores in national or state level exams.

JBIMS has a strong placement record, with students receiving attractive CTCs from reputed companies in sectors like BFSI, FMCG, and Consulting. In the previous year's placements, all students who participated received an average salary of INR 20.13 LPA, with the highest salary package at INR 32.30 LPA. Top recruiters included Accenture, BCG, Airtel, Mahindra, McKinsey, Bajaj, Essar, Godrej, Goldman Sachs, ICICI Bank, Infosys, and Hindustan Unilever.

In summary, JBIMS offers a comprehensive education with a strong focus on practical, real-world application and prepares students for successful careers in the business world.

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Are the salary packages for IIMs higher than those from JBIMS?

VR
Vivek Raj Posted On : February 20th, 2023
MMS Operations Management, Jamnalal Bajaj Institute of Management Studies (2018)

IIMs can be broadly categorized into two categories; the first comprising IIM ABC and the second comprising IIM KIL. The total fees will be around 16-18 Lakhs or a few lakhs more for these IIMs. As far as the average package is concerned for IIM ABC, it is around 19-20 Lakhs while for IIM KIL it is merely 2 lakhs less. The highest CTC is around 60-70 (International) for these IIMs.

Coming to JBIMS, we get to witness a much higher ROI. This is because the average package is almost similar to these IIMs while the fees are much less. Also, it is a Mecca for Finance enthusiasts. JBIMS has many notable alumni that carry its brand name proudly. Some of them include

  • Vinita Bali, Managing Director of Britannia
  • Chanda Kochhar, Managing Director & CEO, ICICI Bank, India
  • Nitin Paranjpe, CEO and Managing Director, Hindustan Unilever Ltd
  • Ajay Piramal, chairman of Piramal Healthcare

So yes, the salary packages of certain IIMs might be slightly higher than that of JBIMS but considering the ROI factor that slightly differs doesn't really matter.

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