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.Sc Finance: Fees 2026, Course Duration, Dates, Eligibility

Collegedunia Team

Content Curator | Updated 3+ months ago

The Master of Science [M.Sc] (Finance) at Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai is a prestigious two-year full-time programme launched in 2013 on the recommendation of former Prime Minister Dr. Manmohan Singh. Designed to groom "Future Financial Leaders," the curriculum is inspired by the London School of Economics and blends rigorous academic training with real-world application across corporate finance, capital markets, financial modelling, derivatives, and fintech. The total course fee is approximately Rs. 6 Lakhs for the two-year programme. The primary qualifying exams accepted are MAH-MBA/MMS CET and CAT. The seat intake is 40 per batch. The programme is offered in full-time on-campus mode at JBIMS's iconic Churchgate, Mumbai campus and is highly popular among finance aspirants for its location in India's financial capital, strong industry connections, and exceptional placement outcomes.

Admissions for the 2026-28 batch are expected to open after the MAH-MBA/MMS CET 2026 results are declared (tentatively around June 2026). The application form for M.Sc. Finance is opened for a stipulated period on the JBIMS portal. Candidates must have appeared for MAH-MBA/MMS CET 2026 or CAT 2025 to be eligible. The admission process involves profile evaluation, followed by an In-Person Assessment (IPA) comprising Group Activity (GA), Personal Interview (PI), and Writing Aptitude Test (WAT). For the 2025-27 batch, the last date for M.Sc. Finance admission was June 26, 2025.

Key Points

One of the very few M.Sc. Finance programmes in India with a curriculum benchmarked against the London School of Economics.
Launched on the recommendation of former Prime Minister Dr. Manmohan Singh, underscoring its national importance.
Located in Churchgate, Mumbai, India's financial capital, providing unparalleled access to financial markets, investment banks, and NBFCs.
The programme covers advanced topics including Fintech, Big Data in Finance, Derivatives, Mergers and Acquisitions, Behavioral Finance, and International Finance.
Students undertake a Summer Internship Project between Semester II and III, and a Dissertation in Semester IV.
JBIMS M.Sc. Finance students have been consistent winners at the CFA Institute Research Challenge.
Candidates who have appeared for UPSC Civil Services Examination (cleared Prelims and Mains, due for Interview) are also eligible and are exempted from MAH-MBA/MMS CET/CAT.

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Scholarships
Placements
FAQs

JBIMS M.Sc Finance Fees

The M.Sc. Finance programme at JBIMS Mumbai is competitively priced at approximately Rs. 6 Lakhs for the full two-year programme, making it one of the most affordable finance-focused master's programmes at a top-ranked institution in India. The fee is approximately Rs. 3 Lakhs per year. Full fees are to be paid at the time of admission. Hostel accommodation cannot be guaranteed and candidates are advised to verify availability and hostel fees separately.

Fee Components

Fee Component	Amount
Tuition Fee (Year 1)	Rs. 3,00,000
Tuition Fee (Year 2)	Rs. 3,00,000
Total Programme Fee	Rs. 6,00,000
Hostel Fee	Not guaranteed; check with institute

Full fees are to be paid at the time of admission as per JBIMS policy.
Hostel accommodation is not guaranteed. Candidates are advised to personally verify availability and hostel fees with the institute before admission.
Cancellation of admission is governed by University of Mumbai Ordinance O.3574. Admission can be cancelled within 15 days of commencement of classes (without attending any session) for a refund.
Reservation seats are allotted only to Maharashtra State Domicile candidates with valid documents.
There are no seats reserved for NRI, PIO, CIWGC, or Foreign Nationals.

JBIMS M.Sc Finance Admission 2026

The M.Sc. Finance admission at JBIMS is a highly selective process with only 40 seats. The application form is made available on the JBIMS portal after the MAH-MBA/MMS CET result is declared, typically in May-June. Approximately 400 candidates are called for In-Person Assessment (IPA) based on their Application Rating Score (ARS). The Total Score (TS) is computed as 60% ARS + 40% IPA, and a minimum TS of 50 (General) or 45 (Reserved) is required for admission consideration.

JBIMS M.Sc. Finance Admission Dates

Event	2025-27 (Actual)	2026-28 (Tentative)
MAH-MBA/MMS CET Registration Start	January 2025	January 10, 2026
MAH-MBA/MMS CET Registration End	February 2025	February 25, 2026
MAH-MBA/MMS CET Exam (Session 1)	March-April 2025	April 6-8, 2026
MAH-MBA/MMS CET Exam (Session 2)	May 2025	May 9, 2026
MAH-MBA/MMS CET Result	May 2025	May 28, 2026 (Tentative)
M.Sc. Finance Application Form Opens	After CET result	After CET result (June 2026)
Last Date for M.Sc. Finance Application	June 26, 2025	June 2026 (Tentative)
In-Person Assessment (IPA)	June-July 2025	July 2026 (Tentative)
Admission / Batch Commencement	July-August 2025	July-August 2026 (Tentative)

Qualifying Exam Dates

Exam	Registration Period	Exam Date	Result
MAH-MBA/MMS CET 2026 (Session 1)	January 10 - February 25, 2026	April 6-8, 2026	May 28, 2026 (Tentative)
MAH-MBA/MMS CET 2026 (Session 2)	January 10 - February 25, 2026	May 9, 2026	May 28, 2026 (Tentative)
CAT 2025	August-September 2025	November 2025	January 2026

Note: Candidates who appeared for UPSC Civil Services Examination (cleared Prelims and Mains, due for Interview in 2024 or 2025) are also eligible and are exempted from MAH-MBA/MMS CET/CAT.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria:

Candidates must hold a Bachelor's degree (any discipline) with a minimum of 50% marks (45% for Reserved category candidates).
Candidates must have appeared for MAH-MBA/MMS CET 2026 or CAT 2025 (or UPSC Civil Services as per the exemption clause).
Candidates must have studied Mathematics at the Higher Secondary (10+2) level or at the UG degree level.
Minimum CAT 2025 percentile: 95 (General), 75 (Reserved/PH); Minimum MAH-MBA/MMS CET 2026 percentile: 97 (General), 90 (Reserved), 85 (PH).
Past Academic Record (PAR) cutoff: Minimum 60% in 10th and 12th (General); 55% for Reserved category.

Admission Process:

Register and appear for MAH-MBA/MMS CET 2026 or CAT 2025.
After CET result declaration, apply on the JBIMS portal for M.Sc. Finance admission within the stipulated period.
Shortlisting for In-Person Assessment (IPA) is based on Application Rating Score (ARS), which includes CET/CAT score (60%), Past Academic Record (15%), Work Experience and Extra-Curricular Activities (20%), and Diversity (5%).
Approximately 400 candidates are called for IPA comprising Group Activity (GA), Personal Interview (PI), and Writing Aptitude Test (WAT).
Final Total Score (TS) = 60% ARS + 40% IPA. Minimum TS of 50 (General) or 45 (Reserved) required.
Seat allotment is done as per Government of Maharashtra and University of Mumbai norms.
Full fees to be paid at the time of admission.

JBIMS Mumbai: Students' Opinion

AI-Generated Summary based on 3 Reviews

JBIMS is well-known for its experienced guest faculties, many of whom are industry leaders and alumni from prestigious institutions like IIMs. They emphasize attendance and actively engage students with case studies reflecting current market trends. The MSc Finance program at JBIMS boasts a 100% placement record, with the highest salary reaching 30 Lakhs per annum and an average of 18 Lakhs per annum. Students can participate in placement activities after the first year, with roles offered in investment banking, credit analysis, and management consulting, among others.

A variety of companies, including banks, FMCG, IT firms, and startups, recruit for positions such as management trainee and research analyst. Summer internships in finance roles are also available to all students. The total fee for the two-year MSc Finance course is INR 800,000, covering tuition, library, development, and other fees. There are no fee concessions for any category, but JBIMS provides a favorable return on investment due to the lucrative average placement package of 18 Lakhs per annum.

Admission is based solely on merit, with no management quotas, and the program is self-funded, though some scholarships are available.

By Collegedunia’s Personal AI

JBIMS M.Sc Finance Scholarships 2026

JBIMS Mumbai offers limited scholarship opportunities. The Smt. Jyoti Dwivedi Memorial Scholarship is primarily for MMS students. For M.Sc. Finance students, the primary financial support avenues are government scholarships and merit-based awards. The institute's low fee structure itself serves as a significant financial advantage compared to private finance programmes. Students from reserved categories benefit from reduced tuition fees as per Maharashtra government norms.

Scholarship Details

Scholarship / Support	Eligibility	Amount	Offered By
Smt. Jyoti Dwivedi Memorial Scholarship	Primarily for MMS students; M.Sc. Finance students may check eligibility	Rs. 1,00,000 (core) / Rs. 50,000 (ad hoc)	Alumni (Nimish Dwivedi) via JBIMS
Maharashtra Government Scholarship (EBC/OBC/SC/ST)	Maharashtra domicile students from reserved categories	As per government norms	Government of Maharashtra
JBIMS 1981 Annual Memorial Awards	Best performing MMS students (academic excellence)	Cash + Plaque	JBIMS Alumni Batch of 1981

The Smt. Jyoti Dwivedi Memorial Scholarship is primarily awarded to MMS students. M.Sc. Finance students are advised to check with the JBIMS administration for current eligibility.
Maharashtra government scholarships (EBC, OBC, SC/ST) are available to eligible domicile students as per state government norms. Students must apply through the Maharashtra Scholarship Portal.
Reduced tuition fees are applicable for SC/OBC category students as per University of Mumbai and Government of Maharashtra norms.
No specific application deadline is publicly listed for institute-level scholarships; candidates are advised to check the JBIMS website announcements section.

JBIMS M.Sc Finance Placement 2026

The M.Sc. Finance programme at JBIMS Mumbai has consistently delivered strong placement outcomes, with 100% placement record. The programme's location in Mumbai, India's financial capital, gives students direct access to top investment banks, asset management companies, NBFCs, and fintech firms. The 2023-25 batch saw prominent recruiters including Franklin Templeton, Axis AMC, Tata Capital, MUFG, NPCI, and IMCD. Roles offered include Financial Analyst, Investment Analyst, Credit Analyst, Equity Research Analyst, Wealth Advisor, Product Manager (Finance), and Leadership Development Programme roles.

Placement Metrics

Placement Metric	M.Sc. Finance Batch 2023-25
Placement Status	100% Placed
Average Package	Rs. 18.3 LPA
Highest Package	Rs. 28 LPA
Top 25% Average Package	Rs. 22 LPA
Batch Size	39
Key Sectors	Banking, AMC, NBFC, Fintech, Consulting
Key Recruiters	Franklin Templeton, Axis AMC, Tata Capital, MUFG, NPCI, Bloomberg

JBIMS M.Sc Finance FAQs

Q1. How is JBIMS M.Sc. Finance different from an MBA/MMS in Finance? Which is better for a career in finance?

Ans. The M.Sc. Finance at JBIMS is a specialised, finance-only programme with a curriculum benchmarked against the London School of Economics, covering quantitative finance, derivatives, financial modelling, and capital markets in depth. An MBA/MMS in Finance is a broader management programme with a finance specialisation. If you want a deep, technical career in investment banking, asset management, equity research, or financial analytics, M.Sc. Finance is the better choice. For general management roles with a finance tilt, MMS is more suitable. The M.Sc. Finance also has a smaller, more focused batch (40 seats vs. 120+ for MMS), which means more personalised attention and a tighter alumni network in the finance domain.

Q2. What is the minimum CET/CAT percentile required for JBIMS M.Sc. Finance?

Ans. For the General category, the minimum required percentile is 97 in MAH-MBA/MMS CET or 95 in CAT. For Reserved category candidates, the minimum is 90 in CET or 75 in CAT. Additionally, candidates must meet the Past Academic Record (PAR) cutoff of 60% in both 10th and 12th (55% for Reserved). Meeting the cutoff only makes you eligible for profile evaluation; the actual shortlisting for IPA is based on the Application Rating Score (ARS).

Q3. Is Mathematics mandatory for JBIMS M.Sc. Finance admission?

Ans. Yes, candidates must have studied Mathematics either at the Higher Secondary (10+2) level or at the UG degree level. This is a hard eligibility criterion. The programme is quantitatively intensive, covering econometrics, financial modelling, derivatives pricing, and quantitative methods, so a strong mathematical background is essential.

Q4. What are the career opportunities after JBIMS M.Sc. Finance? Which sectors hire the most?

Ans. Graduates of JBIMS M.Sc. Finance are hired across investment banking, asset management companies (AMCs), NBFCs, private equity, credit rating agencies, portfolio management services, fintech firms, and insurance companies. Key roles include Financial Analyst, Investment Analyst, Equity Research Analyst, Credit Analyst, Wealth Manager, and Product Manager (Finance). The 2023-25 batch saw recruiters like Franklin Templeton, Axis AMC, Tata Capital, MUFG, NPCI, and Bloomberg. The average package was Rs. 18.3 LPA and the highest was Rs. 28 LPA.

Q5. Can I pursue CFA alongside JBIMS M.Sc. Finance? Does the programme help with CFA preparation?

Ans. Yes, many JBIMS M.Sc. Finance students pursue CFA (Chartered Financial Analyst) alongside the programme. The curriculum has significant overlap with CFA Level 1 and Level 2 topics, including portfolio management, fixed income, derivatives, corporate finance, and financial reporting. JBIMS students have been consistent winners at the CFA Institute Research Challenge, which reflects the programme's alignment with CFA standards. The institute's access to Bloomberg terminals and financial databases also aids CFA preparation.

Q6. Is there a hostel facility available for M.Sc. Finance students at JBIMS?

Ans. JBIMS does not guarantee hostel accommodation for M.Sc. Finance students. The institute is located in Churchgate, South Mumbai, which is a prime commercial area with good connectivity. Students typically arrange private accommodation in nearby areas like Churchgate, Marine Lines, Dadar, or Andheri. Candidates are advised to personally verify hostel availability and fees with the institute before confirming admission, as accommodation cannot be assured.

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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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