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.

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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 

JBIMS Mumbai

 

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 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

Check JBIMS Admission Story Devika Satpute

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 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

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

Read JBIMS Mumbai Rankings

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