Does JBIMS MMS have GD and PI rounds?

No. JBIMS MMS (full-time, 2-year programme) does not conduct any Group Discussion, Personal Interview, or Written Ability Test. Admission is purely based on MAH CET percentile through the DTE Maharashtra CAP process. Only M.Sc Finance, MHRD, and Part-Time MMS have interview rounds.

What is the MAH CET cutoff for JBIMS MMS 2026?

Based on 2025 actuals, the JBIMS MMS closing percentile for the General State category was 99.93 and for the All India (OMS) category it was 99.99 in MAH CET. The 2026 cutoff is expected to remain in the same range. SC category closed at 99.29 to 99.51 and ST at 96.91 percentile in 2025.

How many seats does JBIMS MMS have?

JBIMS MMS has 156 total seats. Of these, 120 are under the Maharashtra State quota and 18 are under the All India (OMS) quota. Remaining seats cover EWS, PwD, and other statutory categories.

What is the total fee for JBIMS MMS for the Open category?

The total MMS fee for the Open (General) category at JBIMS is INR 8,34,350 for the 2-year programme. SC/ST candidates pay INR 34,350 (rest is waived by the Maharashtra government). OBC/EWS candidates pay INR 4,39,350.

Can candidates from outside Maharashtra apply to JBIMS MMS?

Yes. Outside Maharashtra State (OMS) candidates can apply for the 18 All India quota seats at JBIMS. MAH CET, CAT, and CMAT scores are accepted for OMS seats. The OMS cutoff (99.99 percentile in MAH CET 2025) is higher than the Maharashtra State cutoff.

Is work experience required for JBIMS MMS full-time admission?

No. JBIMS MMS full-time does not require work experience. Freshers graduating from any UGC-recognised university with at least 50% marks (45% for reserved categories) are eligible. Work experience is mandatory only for Part-Time MMS (minimum 2 years at executive or supervisory level).

What is the difference between JBIMS MMS and M.Sc Finance?

MMS is a general management programme with second-year specialisations in Finance, Marketing, Operations, HR, and Systems. M.Sc Finance is a specialist 2-year programme focused solely on financial principles and analytical tools. M.Sc Finance admission includes a WAT, Group Activity, and PI, unlike MMS which is purely percentile-based.

How does JBIMS Part-Time MMS differ from the full-time MMS?

Part-Time MMS is a 3-year programme for working professionals. Classes run on weekday evenings and Sundays. It uses a JBIMS-conducted entrance test and Group Discussion for selection, not MAH CET. Candidates need a minimum 2 years of work experience. Total fees are INR 1,89,225 for University of Mumbai graduates.

Does JBIMS offer a PhD programme?

Yes. JBIMS offers a PhD in Management Studies through its research centre affiliated with the University of Mumbai. The programme has 40 seats and requires a postgraduate degree in Management or a related field, a valid PET, NET, SET, or GRF score, and a research proposal. Year 1 fee is INR 17,680 and INR 15,355 per year from Year 2 onward.

What is the application fee for JBIMS MAH CET and CAP counselling?

The MAH CET 2026 exam registration fee was INR 1,000 for General category and INR 800 for Reserved categories. DTE Maharashtra does not charge a separate counselling participation fee for CAP registration. Part-Time MMS application fee is INR 1,200 per specialisation, paid directly to JBIMS.

Does JBIMS have a hostel facility?

JBIMS doesnt have any hostel of its own.Only top 25 students are provided accommodation on the merit basis in the Mumbai University hostel situated at Marine drive.

What are JBIMS hostel criteria?

Top 25 students are provided accommodation on the merit basis in the Mumbai University hostel.

Is there a separate hostel for boys & girls in JBIMS?

JBIMS hostel arrangements are only available for the boys. There is no hostel facility available for girls in JBIMS.

JBIMS Mumbai M.M.S Financial Management: Fees 2026, Course Duration, Dates, Eligibility

Collegedunia Team

Content Curator | Updated 3+ months ago

The Master in Management Studies (MMS) in Financial Management at Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai, is a highly regarded three-year part-time postgraduate degree programme offered under the University of Mumbai. Spread across six semesters, the programme is tailored for working professionals in the finance and banking sector who wish to deepen their expertise while continuing their careers. The total fees for the programme are approximately INR 1.62 Lakhs for the entire three years, making it one of the most affordable and high-ROI management programmes in India. The course has an intake of 120 seats and is offered in part-time on-campus mode, with classes held on weekday evenings (6:30 PM to 9:30 PM, Monday to Saturday) and full-day on Sundays. The programme is particularly popular among finance professionals in Mumbai due to the JBIMS brand, its industry-integrated curriculum covering investment banking, corporate finance, and financial markets, and its exceptional value for money.

Admissions for the 2026-27 batch are currently closed. The application deadline was January 27, 2026, and the Common Entrance Test (CET), Group Discussion (GD), and Personal Interview (PI) were conducted on January 31 and February 1, 2026. Classes for the 2026-27 batch are expected to commence in June/July 2026. For the next cycle (2027-28), applications are typically invited in January, with the entrance test held in late January or early February.

Key Points

The MMS Financial Management curriculum at JBIMS is identical to the full-time MMS programme, covering core areas such as Derivatives and Risk Management, Portfolio Management, Financial Markets and Institutions, Corporate Valuations and M&A, and International Finance.
The programme follows the NEP 2020 multiple exit/entry framework: students exiting after Year 1 receive a Post Graduate Certificate in Management, after Year 2 a Post Graduate Diploma in Management, and after Year 3 the full MMS degree.
Classes are scheduled to minimise disruption to professional commitments: weekday evenings (6:30 PM to 9:30 PM) and full-day Sundays.
A minimum of 75% attendance is mandatory as per University of Mumbai norms.
Admission is restricted to candidates residing in Mumbai and the MMRDA region, as this is not a distance learning programme.
The curriculum strengthens the base for professional examinations such as CFA and FRM, making it particularly valuable for finance professionals.

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Highlights
Fees
Admission
Scholarships
Placements
FAQs

JBIMS MMS (Financial Management) Fees

The MMS Financial Management (Part Time) programme at JBIMS is one of the most cost-effective postgraduate management programmes in India. The total fee for the entire three-year programme is approximately INR 1.62 Lakhs, payable on a per-semester basis. The fee varies slightly based on the university from which the candidate has graduated.

Fee Structure

Fee Component	Mumbai University Graduates	Other Maharashtra University Graduates	Out of Maharashtra / Deemed University	Foreign University Graduates
Tuition Fees	Included in total	Included in total	Included in total	Included in total
Other Charges (University fees, etc.)	Included in total	Included in total	Included in total	Included in total
Library Deposit & Caution Money (Refundable)	Included in total	Included in total	Included in total	Included in total
Total Fees (3 Years)	INR 1,89,225 (approx. INR 63,075/year)	INR 1,90,425 (approx. INR 63,475/year)	INR 1,90,725 (approx. INR 63,575/year)	INR 1,98,225 (approx. INR 66,075/year)

Note: The above figures are based on the 2026-27 fee structure. Year-wise fees for the 2026-27 batch are approximately: Year 1 - INR 51,000, Year 2 - INR 63,000, Year 3 - INR 52,000 (total approx. INR 1.66 Lakhs).

Library Deposit and Caution Money are refundable at the time of leaving the programme.
No part payment is permitted; fees must be paid in full at the time of admission.
The non-refundable application/registration fee is INR 1,200.
Candidates applying for more than one programme must pay the registration fee separately for each.
Fee refund on cancellation of admission is governed by University of Mumbai Ordinance O.3574 and State Government rules.
Cancellation within 15 days of commencement of classes (without attending any lecture) is eligible for refund.
No hostel facility is available at JBIMS.

JBIMS MMS (Financial Management) Admission 2026

Admissions to the MMS Financial Management (Part Time) programme at JBIMS are conducted annually through a competitive selection process comprising a Common Entrance Test (CET), Group Discussion (GD), and Personal Interview (PI). The process is highly competitive, with the JBIMS brand attracting a large number of applicants from Mumbai's finance and banking community. Candidates must have a minimum of two years of post-graduation work experience in an executive or supervisory capacity.

Admission Dates

Event	Date / Details
Application Form Available	January 2026 (online at www.jbims.edu)
Last Date for Application Submission	January 27, 2026 (by 12:00 noon)
Common Entrance Test (CET)	January 31, 2026 (Saturday), from 10:00 AM onwards
Group Discussion (GD) and Personal Interview (PI)	January 31 - February 1, 2026 (if required)
Commencement of Classes	June/July 2026 (6:30 PM to 9:30 PM)
Document Verification and Fee Payment	To be announced after results

Entrance Exam Details

Exam	Conducted By	Relevance
JBIMS Part-Time MMS CET	JBIMS (Autonomous)	Mandatory - Institute-level entrance test for Part-Time MMS admission

Note: The Part-Time MMS CET is an institute-specific entrance test conducted by JBIMS. It is NOT the same as MAH-MBA CET (which is for the full-time MMS programme). No external national-level exam (CAT/CMAT/MAT) is accepted for the Part-Time MMS programme.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Graduate from any university recognised by UGC or an equivalent recognised body.
Minimum two years of post-graduation work experience in an executive or supervisory capacity as on or before June 15, 2026.
Self-employed candidates must submit Income Tax Returns (last three years), company registration documents, and/or partnership deed clearly demonstrating a central role in the organisation.

Admission Process

Submit online application form at www.jbims.edu and pay the non-refundable registration fee of INR 1,200.
Appear for the Common Entrance Test (CET) - multiple choice objective questions covering comprehension, quantitative ability, logical reasoning, and general knowledge.
Appear for Group Discussion (GD) and Personal Interview (PI).
Merit list is prepared based on combined performance in CET, GD, and PI.
Admission is granted to only one programme even if a candidate applies for multiple programmes.
Document verification and fee payment to be completed as per schedule announced by JBIMS.
Candidates from outside Mumbai University must obtain an Eligibility Certificate from the University of Mumbai through the JBIMS office.
Admission is restricted to candidates residing in Mumbai and the MMRDA region.

JBIMS MMS (Financial Management) Scholarships 2026

JBIMS offers limited financial assistance for its programmes. The scholarships and financial aid available are primarily need-based and merit-oriented, and are not specific to the Part-Time MMS Financial Management programme alone. The primary support comes through an endowment fund set up by the MMS 1990 batch alumni, which provides interest-free loans to economically backward, merit-oriented, and needy students.

Scholarship Details

Scholarship / Financial Aid	Provider	Amount	Eligibility
MMS 1990 Batch Endowment Fund (Interest-Free Loan)	JBIMS Alumni (MMS Batch of 1990)	Up to 50% of total fees paid	Economically backward, merit-oriented, and needy MMS students; selection via application and interview
Government of Maharashtra Scholarships	State Government	As per government norms	SC/ST/OBC/EWS candidates as per Maharashtra government scholarship schemes

The interest-free loan from the MMS 1990 Batch Endowment Fund is to be repaid upon final placement.
For the endowment fund, contact the JBIMS Alumni Committee at jbimsalumni@gmail.com.
Government scholarships for reserved category students are available as per Maharashtra state government norms; candidates should apply through the relevant government portals.
No specific merit scholarships or fee waivers are offered by JBIMS for the Part-Time MMS programme.

JBIMS MMS (Financial Management) Placement 2026

Placement data exclusive to the Part-Time MMS Financial Management programme at JBIMS is not separately published. Since this is a programme for working professionals, most students are already employed in the finance sector and use the degree to advance to senior roles in investment banking, corporate finance, private equity, or financial services. The JBIMS brand is particularly well-regarded in Mumbai's financial services industry.

The JBIMS alumni network includes senior leaders at companies such as Goldman Sachs, JP Morgan Chase, HDFC, ICICI, Axis Bank, Kotak Investment Banking, DE Shaw, Credit Agricole, IDFC First Bank, and many other leading financial institutions. For Financial Management specialisation graduates, roles such as Investment Banker, Portfolio Manager, Corporate Finance Manager, Risk Analyst, Financial Controller, and Private Equity Analyst are common career outcomes. The JBIMS brand and Mumbai's status as India's financial capital provide unparalleled networking opportunities with finance industry leaders.

Placement Highlights

Aspect	Details
Placement Data Publication	Not separately published for Part-Time MMS Financial Management
Target Audience	Working professionals already employed in finance sector
Common Career Advancement	Senior roles in investment banking, corporate finance, private equity, financial services
Alumni Network	Senior leaders at Goldman Sachs, JP Morgan Chase, HDFC, ICICI, Axis Bank, Kotak Investment Banking, DE Shaw, Credit Agricole, IDFC First Bank, etc.
Typical Roles	Investment Banker, Portfolio Manager, Corporate Finance Manager, Risk Analyst, Financial Controller, Private Equity Analyst
Key Advantage	JBIMS brand and Mumbai's financial capital status for networking

JBIMS MMS (Financial Management) FAQs

Ques. Is the Part-Time MMS Financial Management degree from JBIMS equivalent to the full-time MMS degree?

Ans. Yes, the Part-Time MMS (Financial Management) degree awarded by JBIMS is a University of Mumbai degree and carries the same academic value as the full-time MMS degree. The curriculum is identical to the full-time programme. Part-time students attend evening and Sunday classes over three years. Employers in the finance sector generally recognise the JBIMS brand strongly, though some may differentiate between full-time and part-time modes during hiring for front-end roles.

Ques. Is the MMS Financial Management programme useful for CFA or FRM preparation?

Ans. Yes. The MMS Financial Management curriculum at JBIMS covers core areas such as Derivatives and Risk Management, Portfolio Management, Financial Markets and Institutions, Corporate Valuations, and International Finance - all of which overlap significantly with CFA and FRM syllabi. Many students find that the programme strengthens their conceptual foundation for these professional certifications. However, the MMS is a standalone degree and does not provide exemptions from CFA or FRM examinations.

Ques. What is the difference between the JBIMS Part-Time MMS CET and the MAH-MBA CET?

Ans. These are two completely different examinations. The MAH-MBA CET is conducted by the State Common Entrance Test Cell, Maharashtra, and is used for admission to the full-time two-year MMS programme. The Part-Time MMS CET is an institute-level entrance test conducted by JBIMS itself, specifically for the three-year part-time MMS programmes. Candidates applying for the Part-Time MMS do not need to appear for MAH-MBA CET.

Ques. Can I apply for the Part-Time MMS Financial Management programme if I am not based in Mumbai?

Ans. No. JBIMS explicitly states that admission to the Part-Time MMS programmes is restricted to candidates residing in Mumbai and the MMRDA region. This is because the programme requires regular physical attendance at the JBIMS campus in Churchgate, Mumbai, and is not a distance learning programme.

Ques. Does JBIMS provide placements for Part-Time MMS Financial Management students?

Ans. JBIMS does not conduct formal campus placements for Part-Time MMS students, as the programme is designed for working professionals who are already employed. Students are expected to leverage the JBIMS degree, alumni network, and skills gained to advance in their own careers. The strong JBIMS alumni network in Mumbai's financial services sector is a significant advantage for career growth in finance.

Ques. What is the minimum work experience required, and does finance-specific experience matter?

Ans. Candidates must have a minimum of two years of post-graduation work experience in an executive or supervisory capacity as on or before June 15 of the admission year. The experience does not need to be specifically in finance - any executive or supervisory role qualifies. However, candidates with finance-related experience (banking, investment, accounting, audit, etc.) tend to benefit more from the Financial Management specialisation and may find the curriculum more directly applicable to their career goals.

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JBIMS Mumbai: 2 Answered Questions

What is the difference if I choose FMS (Delhi), JBIMS (Mumbai) or SJSOM-IIT Bombay over IIM-B, SPJIMR and other such institutes that charge hefty for MBA courses?

Advait JoshiLives in Mumbai, Maharashtra, India

Choosing a B-school can be a tricky decision especially when it comes to ROI. I understand that ROI is one of the most important factors when it comes to MBA courses since funding your education with loans come with its own set of challenges. But the institutes that you have mentioned above certainly surpass the challenges since they belong to the tier 1 category.

You might come across articles and blogs stating that FMS or JBIMS do not provide a typical MBA environment but for me, that discussion does not even make sense. What is an MBA environment after all? You spent 2 years of your life at the campus and wish to land a good job. FMS, JBIMS, and IIT Bombay all three have good market reputations, they home the best candidates and charge minimal fees. So, if ROI is even a little bit of a concern for you, go for these colleges without any second thought or regret.

What are the college timings for an MMS course at JBIMS and Sydenham?

Biswadip RoyStudied Finance at Jamnalal Bajaj Institute of Management Studies

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.

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