Jamnalal Bajaj Institute of Management Studies (JBIMS) is well-known for its placement records, curriculum, and faculty. The top-notch magazines like Outlook, Business Today and many more periodicals have ranked the private institute among the top B-schools of India. The college offers Master of Management Studies (MMS) as known as MBA, M.Sc in Finance, along with some part-time courses in Management, Finance, and Human Resource Development.
Following is a glance at some important details on Jamnalal Bajaj Insititute of Management Studies:
|Established | University Type||1965 | Private|
|Approved/ Recognised/ Affiliated to||University of Mumbai|
|Rank||Top B- School|
|Courses Offered | Type||MMS/ MBA, M.Sc, Part-time, and Doctoral | PG|
|Popular Course||MMS and M.Sc (Finance)|
|Top Recruiters||Goldman Sachs, Trafigura, Phillip Capital, RBI, etc.|
|Accepted test scores||MH CET/ CAT/ MAT/ GMAT/ CMAT/ ATMA|
|Official Website / Helpdesk||http://jbims.edu/ /400020|
Jamnalal Bajaj Institute of Management Studies offers Full-time, Part-time, and Doctoral programs to its applicants. The courses have a job-oriented curriculum that prepares students for the industry at the very first stage.
|Master of Management Studies (MMS)/ MBA and Master of Science in Finance (M.Sc. in Finance)|
Subjects: Finance, Marketing, Personnel, Operations, Systems
Eligibility: Admission for both courses is through DTE Maharashtra on the basis of MH CET/ CAT/ MAT/ GMAT/ CMAT/ ATMA and M.Sc. University conducts its own entrance exam.
Duration: 2 Years
|Part Time MBA|
Subjects: Information Technology, Financial Management, Human Resource Management Development, and Marketing
Eligibility: Selection is based on academic merit and the candidate should have a minimum of two years of working experience.
Duration: 2 Years
|Ph.D||Admission is based on the previous academic merit and Entrance Exam conducted by the university.|
The application session of Mangement programs at JBIMS Mumbai generally start in the month of August every year. Admission to MMS programmes is based on MAH-CET entrance exam score. Other entrance exam scores are also valid if the candidate fulfill the eligibility criteria. International candidates can apply using GMAT score.
Application form for JBIMS Mumbai can be filled in online format by visiting http://www.jamnalalbajajfoundation.org/. Applicants can register using email and a valid phone number. After successful registration fill all the required personal and academic details. Complete the application process by paying the application fee of INR 1200 using NEFT/ RTGS/ IMPS. in the given account.
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 MCIR Code: 400012056
JBIMS has a good track record of placements. Students get a good amount in CTC from various reputed and prestigious companies in fields like BFSI, FMCG & Consulting, etc. Here are some stats from the previous year placements:
All the Students who participated in JBIMS placement 2019 got well placed at an average salary of INR 20.13 LPA as against INR 18.91 LPA last year. The highest salary package for year 2019 was INR 32.30 LPA. The institute witnessed a 14.1 % increase in CTC of Top 10% students and a 21.7 % increase in CTC of Top 30% of students
Top recruiters that participated actively in the final placements 2019 include Accenture, BCG, Airtel, Mahindra, McKinsey, Bajaj, Essar, Godrej, Goldman Sachs, ICICI Bank, Infosys, Hindustan Unilever, among many others.
Know More: JBIMS Placements 2020
The faculty of the Jamnalal Bajaj Institute of Management Studies has a tremendous knowledge of their respective fields. The faculty members are experienced and highly qualified too. Here is a list of some core faculty members of JBISM:
Dr. Kavita Laghate (Director, Qualification: B.Sc, M.Sc, and Ph.D.)
Dr. Stephen D’Silva (Professor, Qualification: M.Com, MMM, and Ph.D.)
Dr. Chandrahauns R. Chavan (Professor, Qualification: B.Sc, MCM, M.Phil., Ph.D., PGDCHE, CCD (UK))
Dr. R. Srinivasan (Associate Professor, Qualification: BBA, MBA, and Ph.D.)
Dr. Anil Pande (Associate Professor, Qualification: B.Sc, MBA, and Ph.D)
Dr. Sarika Mahajan (Associate Professor, Qualification: Ph.D. (Finance), UGC-NET & JRF )
JBIMS is one of the premier institutes of Management in the country which not only focuses on the studies but also puts emphasis on the various extracurricular and co-curricular activities in which students can actively participate. For this purpose, the institute has established 3 clubs, namely:
Ques. What is the admission process for MHRD?
Ans. The admission process consists of the following:
Ques. What documents are required at the time of JBIMS Mumbai admission?
Ans. Documents required at the time of admission are as follows:
Ques. Can students outside get admission to JBIMS Mumbai?
Ans. Yes, students outside Mumbai may also apply at the college. The college gives admission to students in two different categories:
Ques. What stipend do students get in the JBIMS Mumbai summer internship?
Ans. The stipend offered to students is as follows:
|Highest stipend||INR 5.67 LPA|
|Mean Stipend||INR 2.05 LPA|
|Median Stipend||INR 2 LPA|
|Top 10%||INR 3.18 LPA|
|Top 25%||INR 3.04 LPA|
Ques. What companies visit the college for summer internships?
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 Mumbai 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. with the highest salary package of INR 34 LPA and average salary package of INR 22 LPA. 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 are offered a handsome amount as salary packages as the recruiting companies are already well-established and are running a good business.
|Highest CTC||INR 34.36 LPA|
|Mean CTC||INR 22.84 LPA|
|Median CTC||INR 22 LPA|
|Top 10 %||INR 33.83 LPA|
|Top 30%||INR 29.01 LPA|
Ques. What is your review of the Jamnalal Bajaj Institute of Management Studies?
Ans. Jamnalal Bajaj Institute of Management Studies, Mumbai is a good college to invest in. With only INR 2-3 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.
Ques. How can I pay fees through NEFT or IMPS?
Ans. You may make payment through NEFT or IMPS on the below-given details:
Ques. Does JBIMS Mumbai provide hostel facilities?
Ans. JBIMS Mumbai hostel facilities are available only for the top 25% of students who are non-mumbians. Hostel allotted these students is J S Hall Marine Drive opposite to the Chrurchgate station. Students are charged INR 6000 to INR 8000 per year.
Ans. IIM Nagpur a government funded institute is ranked 40th by NIRF while Jamnalal Bajaj Institute of Management, a private institute is ranked amongst top 150 B-schools in the country. IIM Nagpur has collaborations with universities like Tel Aviv(Israel), Asian Institute of Technology(Thailand) and many others across Japan, France to provide student exchange programmes to learn hands-on experience with various global firms. Facilities JBIMS The campus has JBIMS library with 38,762 books and 8,773 journals. Highest stipend offered in summer placements was 5.6 lakhs while average was around 80,000 IIM Nagpur Though currently functional from a transit campus but the main 135 acre campus library includes everything from the latest management books, journals, textbooks, journals, and audio-visuals. Highest stipend offered in summer placements was 1.2 lakhs while average was around 55,000 Fees JBIMS: The fee for MBA for two years is INR 1.52 lakhs. The overall intake is 120 seats. IIM Nagpur:The fees of PGP at IIM Nagpur for session 2020-22 is INR 13,75,000 for Indian Nationals. The batch size for the same is 225. Placements: Tabulated below are the placement statistics for both institutions: Categories JBIMS IIM Nagpur PPOs 67 8 Highest CTC (INR) 32 LPA 40 LPA Average CTC (INR) 18.91 LPA 13.3 LPA Highest Recruiting Sectors BFSI (42%) BFSI(17%) Recruiting Companies: JBIMS: Accenture Strategy, Infosys Consulting, Kotak Mahindra Bank, ICICI Bank, Mahindra, JP Morgan Chase & Co. IIM Nagpur: Deloitte, Genpact, Infosys, ThyssenKrupp, PolyCab, HCL Amazon, Value Labs, and many more. Both these institutes are amongst the premier colleges for management, IIM being a brand in itself, while JBIM is one of the oldest and most renowned in Maharashtra. IIM Nagpur is relatively new and hence might lack adequate facilities to be availed. But it is up to the candidate to compare all factors and make a choice based on his/her interest and accessibility.Read more
Ans. XLRI has been ranked 9th for management studies in India by NIRF 2020 whereas FMS, IIM-L has been ranked 35th and 4th position respectively. JBIMS is ranked 23 for MBA by India Today 2019. Admission: XLRI: XLRI conducts the Xavier Aptitude Test (XAT) every year in the month of January which is followed by PI rounds for admission. 95% is the cutoff for male candidates to join the BM program whereas 93% in the case of females for the same. JBIMS: CAT exam and PI round must be cleared to get admission at JBIMS with the minimum graduation score of 50%. The previous year cutoff for BM was 96%. FMS: FMS considers CAT scores for MBA admission. BM at FMS is most likely to have a cutoff of 98%. IIM-L: For admission at IIM Lucknow, one has to clear IIM-CAT. The expected cutoff percentile this year would be around 97-99% for BM. Placement statistics: XLRI: The batch of 2020 recorded 100% placement with 362 overall domestic and international offers. The average CTC was recorded to be 26 LPA whereas the highest package was 58.5 LPA. Sales & marketing and BFSI were the top sectors where students were placed. 17% of these roles constituted students from Business Management. JBIMS: JBIMS experienced a 17.6% hike in their average salary from the previous year. The average CTC offered this year is 20.13 LPA where 98% of students applied for placement have got placed. The best domestic CTC offered in 2020 is 32.3 LPA. 41% of students got placed at BFSI and IB sectors which includes a majority of BM students. FMS: 219 students appeared in the placement session in 2020. Each of them got placed at top-notch companies like Coca Cola, Asian paints, GSK pharma with an average salary of 25.6 LPA. 58 LPA was the highest CTC offered which is 10% more than the previous year. Consulting, General management, and E-commerce were the major domains where 33% of students got placed. IIM-L: 443 students got placed from the 2020 batch at IIM-L with an average annual package of 24.25 LPA at companies like Flipkart, Deloitte, Accenture. The best CTC offered so far is 54 LPA at IIM-L. 480 students availed of a summer internship opportunity with an average stipend of 1.2 LPM. XLRI slightly holds an upper hand for BM when compared to the other three B-Schools. Nonetheless, all four institutes offer quality education, exposure, and good placement.Read more
|College||Ranking||Avg Fees/ year|
|University of Delhi, Faculty of Management Studies - [FMS], New Delhi||# 35 by Financial Express||₹96,000|
|SP Jain Institute of Management and Research - [SPJIMR], Mumbai||# 16 by Financial Express||₹15,92,000|
|Indian Institute of Management - [IIM], Lucknow||# 4 by Financial Express||₹9,62,500|
|Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai||# 26 by ARIIA (university)||₹3,11,500|
|Management Development Institute - [MDI], Gurgaon||# 6 by TOI||₹9,24,000|
|Indian Institute of Foreign Trade - [IIFT], New Delhi||# 31 by Financial Express||₹7,60,000|
|XLRI - Xavier School of Management - [XLRI], Jamshedpur||# 7 by Financial Express||₹11,80,000|
|Tata Institute of Social Sciences - [TISS], Mumbai||# 6 by ARIIA (university)||₹72,233|