Jamnalal bajaj institute of management (JBIMS) is one of the oldest B-schools in India with a legacy of over 52 years. JBIMS was established in 1965 by the University of Mumbai. JBIMS has been consistently ranked among the top 10 premier B-Schools in India. JBIMS was ranked 10th by Outlook ICARE Ranking 2024 among the public B-Schools in India. JBIMS was the first institute in India to provide a full-time 2-year Master in Management Studies (MMS). The intake for the MMS program is around 150 – 160, where the majority of the seats are reserved for Maharashtra domicile candidates.
JBIMS MMS admission is based on the CMAT/ CAT/ MAH-MBA CET scores, followed by a Common Admission Process (CAP), conducted by DTE, Maharashtra. JBIMS CMAT cut-off is 99.99 percentile and MAH-MBA CET cutoff is 99.80 to 99.90 percentile.
JBIMS is known for its low fees and its distinguished alumni base. JBIMS MBA fees is INR 6.10 lakhs whereas the JBIMS average package stood at INR 27 LPA and JBIMS highest package stood at INR 87.12 LPA in the 2024 placement drive.
Table of Content
JBIMS Highlights
- JBIMS Ranking 2024: The institute has been ranked among the top govenment B-Schools in India with 10th rank in Outlook ICARE Ranking 2024 and 19th rank in IIRF Ranking 2024.
- JBIMS Cutoff: The MAHCET cutoff of JBIMS is expected to be around 99.88 – 99.90 percentile based on the previous year trends. JBIMS CAT cutoff and the CMAT cutoff is expected to be around 99.99 percentile.
- JBIMS MBA Fees: JBIMS is known for its affordability and thus the MBA fees charged by the institute is INR 3.05 Lakhs per annum.
- JBIMS ROI: The institute is known for its low fees and its comendable ROI which is around 459.3%.
- JBIMS Placements 2024: The highest package stood at INR 87.12 LPA and the average package at INR 27 LPA.
JBIMS Important Dates 2025
Events | Dates (Tentative) |
---|---|
MMS Last Date for Application Form | June 3, 2025 |
MMS Common Entrance Test & Group Discussion | June 8 - 9, 2025 |
MHRD Entrance Test (Offline at JBIMS Campus) | September 16, 2025 |
MHRD Entrance Test Result Declaration | September 22, 2025 |
MHRD In-person Assessment | September 30, 2025 - October 01, 2025 |
MHRD Commencement of Program (Tentative) | Mid October 2025 |
Read More |
JBIMS Fees 2024
JBIMS fees for MBA program is INR 3.05 Lakhs per annum. The following table represents the fees of all the courses offered by JBIMS:
Courses | Fees |
---|---|
MMS | INR 3.05 Lakhs per annum |
MSc Finance | INR 3 Lakhs per annum |
MHRD | INR 3.50 Lakhs per annum |
Ph.D. | INR 17,680 (First Year) and INR 15,355 (from Second Year onwards) |
JBIMS Courses
JBIMS offers 5 courses, MMS, Part-time MMS, MSc Finance, MHRD, and Ph.D. The highlights of the major courses offered by the institute are mentioned below:
Courses | Intake | Eligibility | Selection Criteria |
---|---|---|---|
MMS | 150 - 160 | Bachelor’s degree + MAH-MBA CET/ CMAT/ CAT | Entrance Exam Score + CAP |
MHRD | 30 | Bachelor’s degree with 50% marks and 60% in 10th & 12th each + MAH CET/ CAT | Group Activity + Personal Interview + Written Ability Test |
MSc Finance | 40 | Graduation with Mathematics as one of the subjects and 60% in 10th & 12th each + MAH-CET/ CAT | CET & Profile Based Screening + WAT + GD + PI |
Part-time MMS |
MMS-IM: 60 MMS-FM: 120 MMS-MM: 120 MMS-HRDM: 60 |
Graduation and 2 years of work experience. | Mock Test + Common Entrance Test + Group Discussion |
PhD | 40 | Master’s degree + PET/ NET/ SET/ JRF | Entrance Exam Score + Personal Interview |
JBIMS Seat Intake 2024
- JBIMS offers around 150 – 160 seats and among them majority of the seats are reserved for the Maharastra candidates.
- The CAP intake for JBIMS is 120 for the Maharastra state candidates and there are 18 All-India seats.
- The rest of the seats will be kept for the NRIs/Foreign Nationals/PIOs and Children of workers in Gulf countries and 1 seat for J&K migrants.
Quota | Sanctioned Seats |
---|---|
CAP Seats | 120 |
All-India | 18 |
NRIs/Foreign Nationals/PIOs Quota | 15 – 25 |
JBIMS Admission 2025
The admission into the JBIMS MMS program is based on the entrance exam like MAH-MBA CET/ CMAT/ CAT and the selection is done through a Common Admission Process (CAP).
- Entrance Examination: JBIMS accepts MAH-CET exams for Maharashtra candidates and the majority of the seats are alloted through this exam. For candidates other than Maharashtra state, they can apply through their CMAT or CAT scores.
- Cutoff: The MAHCET cutoff is expected to be 99.99 percentile for CMAT/ CAT and 99.80 to 99.90 for state level seat.
The admission process for MMS program has been explained below:
Admission Stage | Description | Tentative Timeline |
---|---|---|
Application Form | The candidates should complete the application form by visiting the institute's official website. | Dec 26, 2024 – Jan 25, 2025 |
Entrance Exam | The candidates will have to clear the MAH-MBA CET examination. | March 09 – 11, 2025 |
Selection Process | The candidates will be selected through the Common Admission Process (CAP), which is held in July by the DTE Maharashtra. | May 2025 |
Result | The merit list of the selected candidates will be released and the provisional admission offer will be sent to the selected students. Separate merit lists will be produced for JBIMS Mumbai admission under the MAH and All India categories. | June 2025 |
JBIMS Cutoff 2024 (Expected)
JBIMS CAT cutoff and CMAT cutoff for its MMS program is 99.99 percentile for All India seats and MAHCET cutoff is 99.80 to 99.90 for state level seats. The cut-off for all the exams accepted by JBIMS are as follows:
Exams | Cut-off |
---|---|
CMAT | 99.99 |
CAT | 99.99 |
MAH-MBA CET | 99.88 – 99.90 |
The Maharashtra state (MAH-MBA/ MMS CET) cutoff 2023 for Round 1, Round 2, and Round 3 is as follows:
Category | Cutoff (Round 1) | Cutoff (Round 2) | Cutoff (Round 3) |
---|---|---|---|
General | 99.90 | 99.89 | 99.88 |
SC | 99.46 | 99.40 | Round 3 cutoff was not released for other categories. |
ST | 96.34 | 95.71 | |
OBC | 99.77 | 99.77 | |
EWS | 99.79 | 99.77 |
JBIMS Placements 2024
- As per our research, the Placements season for the batch of 2024 has been concluded with 100% placement rate.
- JBIMS MBA Placements 2024 concluded with the participation of 55 recruiters and 140 students were placed.
- Around 73 students received PPOs/ PPI through their summer internship placements.
- JBIMS average package stood at INR 27 LPA and JBIMS highest package stood at INR 87.12 LPA.
Particulars | Placement Statistics 2024 |
---|---|
Total Recruiters | 55 |
Students Placed | 140 |
Highest CTC | INR 87.12 LPA |
Average CTC | INR 27 LPA |
Top Recruiters | Accenture, Adani, Asian Paints, Axis Bank, Citibank, Cisco, HDFC Bank, McKinsey&Company, HCL, NPCL, etc. |
- The above table shows that the average package of JBIMS over the years, and it clearly shows that the average package has been increasing for every academic year, but in 2024 the average package has decreased.
- The average package has decreased in 2024 from INR 28.02 LPA in 2023 to INR 27 LPA in 2024.
JBIMS Summer Internship Placements 2024
- During the summer internship placement of 2022-24 batch, more than 50 recruiters participated and among them 17 were new recruiters.
- The highest stipend offered was INR 7.93 Lakhs and the average and the median stipend stood at INR 2.26 Lakhs and 2.14 Lakhs respectively.
Particulars | Summer Internship Statistics (2022-24) |
---|---|
Highest Stipend | INR 7.93 Lakhs |
Average Stipend | INR 2.26 Lakhs |
Median Stipend | INR 2.14 Lakhs |
- The majority of the offers were made in the BFSI & IB sector followed by Consulting.
JBIMS Ranking 2024
JBIMS has been ranked 19th by IIRF 2024 and 10th by Outlook Ranking 2024, among the top Government B-Schools in India. The ranking of JBIMS is mentioned in the table below:
Ranking Body | Year | Category | Rank |
---|---|---|---|
IIRF | 2024 | Top Govt. B-School | 19 |
Outlook ICARE Ranking | 2024 | Top Govt. B-School | 10 |
JBIMS Vs TISS Vs FMS
JBIMS, TISS and FMS are the top B-schools mainly known for providing the best ROI. Let’s compare the ROI of the 3 institutes.
Institute Name | Latest Total Fees | Latest Average Package | ROI |
---|---|---|---|
JBIMS | INR 6.1 Lakhs | INR 27 LPA | 459.3% |
TISS Mumbai | INR 1.85 Lakhs | INR 27.22 LPA | 1471.3% |
FMS Delhi | INR 2 Lakhs | INR 34.1 LPA | 1705.0% |
- JBIMS has a pretty good ROI i.e. 459.3% but the FMS Delhi and TISS Mumbai seem to have a much better ROI than JBIMS.
JBIMS Batch Profile 2022-24
- JBIMS MMS batch 2022-24 had a total of 156 students, with a gender ratio of 83% male students and 17% female students.
- The average age of the students was 24 years.
- The majority of the students were from engineering background i.e. around 76% of the batch. Even in the previous batch the majority of engineering students was the highest.
- Further 10% were from Commerce, 6% from Management, and 8% from other fields.
The table below shows the experience of the MMS batch 2022-24:
Months of Experience | Percentage of Students |
---|---|
Freshers | 35% |
1 – 12 Months | 20% |
13 – 24 Months | 26% |
25 – 36 Months | 10% |
36+ Months | 9% |
- Around 35% of the batch had freshers and the rest 65% of the students had some prior work experience.
- The average work experience of the students was 12 months but the majority of the students had 13 – 24 months of experience.
- The majority of the students had a prior work experience sectors like IT & E-commerce and Manufacturing & Conglomerates.
JBIMS Scholarships
JBIMS scholarship details are as follows:
Scholarship Name | Details | Amount |
---|---|---|
Smt Jyoti Dwivedi Memorial Scholarship Awards |
Offered to 4 meritorious students who are facing financial difficulties during their studies. |
2 students receive core grant of INR 1,00,000 each towards the education fees. An additional ad hoc grant worth INR 50,000 each is given to 2 more students. |
These grants are given to bright students who face financial difficulties during their studies. The scholarship provides two deserving students with a core grant of Rs. 100,000 each towards their education fees. Additionally, in this edition, two additional ad hoc grants worth Rs 50,000 each were given thereby enabling four deserving students to fund their education and their dreams.
JBIMS Campus & Facilities
The campus area of JBIMS is not that big. It is a single red bricked building. The campus has a decent sized auditorium, classrooms, library, canteen and space for leisure activities and committee rooms. The classrooms is equipped with all the latest techology and is air-conditioned. The library of JBIMS is one of the best with a collection of around 4000 books and 1000 journals.
JBIMS Hostel
JBIMS doesn’t 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. Also these facilities are only for boys and girls have to find their own accomodation.
Life at JBIMS
Life at JBIMS is hectic and pushes the students beyond their limits. The days at JBIMS are not tied down with a fixed timetable. The students receive the schedule for each day the night before. The days at JBIMS usually include guest lectures, company presentations, post-class discussions, and club activities.
JBIMS Alumni
Some of the distinguished alumni of JBIMS are as follows:
Name | MMS Batch | Designation |
---|---|---|
Mr Nitin Paranjape | 1987 | Chief Transformation and Chief People Officer at Unilever |
Mr Ram Raghavan | 1997 | President at Colgate Palmolive |
Mr. Manjeev Singh Puri | 1981 | Director at RBL Bank |
JBIMS FAQs
Ques. Does JBIMS accept CAT scores?
Ans. Yes, JBIMS does accept CAT scores for MMS admission but the seats based on CAT exam is very less campared to MAH-MBA CET.
Ques. What are the MBA fees in JBIMS?
Ans. The MBA fee at JBIMS is INR 6,10,000 for the 2-year program.
Ques. What is JBIMS known for?
Ans. JBIMS is known for its low fees and its distinguished alumni base.
Ques. Is there 100% placement in JBIMS?
Ans. In 2023 placement, JBIMS has recorded a 100% placement.
Ques. Being a final-year student, can I apply to JBIMS?
Ans. Yes, the candidates who are in the final year of their graduation can apply to JBIMS.
Ques. What are the specializations offered under the JBIMS MMS program?
Ans. JBIMS flagship full-time MMS Programme offers specializations under distinguished areas such as Marketing, Finance, Operations & SCM, Human Resources, and Systems & IT.
Ques. Is CET compulsory for JBIMS?
Ans. Yes, CET is compulsory for the Maharashtra domicile candidates to apply at JBIMS. The other state candidates can apply through their CMAT/ CAT scores.
Ques. What is the highest package in JBIMS?
Ans. In the 2024 placement drive, the highest package in JBIMS stood at INR 87.12 LPA.
Ques. What are the cut-off marks for JBIMS?
Ans. The MAHCET cutoff is expected to be 99.99 percentile for CMAT/ CAT and 99.80 to 99.90 for state level seat.
Ques. Which exams are accepted by JBIMS?
Ans. JBIMS accepts the MAH-CET exam for admission into MMS and MSc programs. JBIMS also accepts CAT for MSc Finance admission.
Ques. What is the average age of MBA students in JBIMS?
Ans. The average age of the MBA students in JBIMS is 24 years.
Ques. Is there any interview for JBIMS?
Ans. The JBIMS admissions are held through MAH-MBA CET followed by CAP conducted by DTE. The CAP process usually includes a written ability test, a group discussion, and a personal interview.
Ques. Which MBA is offered by JBIMS?
Ans. JBIMS offers a Master in Management Studies (MMS) and it is also available on a part-time basis.
Ques. What is the gender ratio of JBIMS?
Ans. There were 85% males and 15% females in the 2021-23 batch. So the male-to-female gender ratio is 5:1. In the 2022-24 batch, there are, 83% males and 17% females, so the male-to-female ratio is 4:1.
Ques. What is the average package of JBIMS?
Ans. In the 2024 placement drive, the average package at JBIMS was INR 27 LPA.
Ques. What is the intake capacity for MMS at JBIMS?
Ans. The intake capacity for the MMS program at JBIMS is 150 - 160. In the 2022-24 batch, there are a total of 159 students, whereas in the 2021-23 batch, there were 150 students.
Ques. How are placements in JBIMS?
Ans. In the 2024 placement drive at JBIMS, more than 55 recruiters visited the campus and 140 students were placed and 73 students received PPOs. JBIMS average package stood at INR 27 LPA and JBIMS highest package stood at INR 87.12 LPA.
Ques. How are summer placements in JBIMS?
Ans. In the summer placements for batch 2022-24, the highest stipend at INR 7.93 lakh, the average stipend stood at INR 2.26 lakh, and the median stipend stood at INR 2.14 lakh.
Ques. How to get into MSc Finance at JBIMS?
Ans. MSc Finance admission at JBIMS is based on MH-CET/ CAT scores, followed by a CET & Profile Based Screening, Written ability test, a Group discussion, and a Personal Interview.
Ques. What is the fee for MSc in Finance at JBIMS?
Ans. The fee for MSc Finance at JBIMS is INR 3,04,000 per annum.
Ques. What is MSc Finance in JBIMS?
Ans. MSc Finance is a 2-year full-time program, which is uniquely designed to shape future financial leaders.
Ques. What is the average package of MSc Finance in JBIMS?
Ans. The average package of JBIMS MSc Finance in 2023 was INR 21.36 LPA.
Ques. Who is eligible for MSc in Finance in JBIMS?
Ans. The candidates who have completed Graduation with Mathematics as one of the subjects are eligible to apply for MSc Finance at JBIMS.
Ques. How good is JBIMS for Finance?
Ans. In the 2023 placement drive at JBIMS, the MSc Finance students grabbed the highest package of INR 27 LPA and the top 20% of the students received a package of INR 25.18 LPA. The average package stood at INR 21.36 LPA and the median package stood at INR 21 LPA.
Ques. What are the job roles offered after MSc Finance in JBIMS?
Ans. The job roles offered to the JBIMS MSc Finance students are as follows:
- Management Consulting
- Wealth Management
- Credit Analyst
- Financial Planning & Analysis
- Wholesale Banking
- Credit Analytics
- Product Management
- Management & Strategy
- Equity Research
- Risk Management
- Analytics and Sales
- Digital Transformation
- Relationship Manager
Ques. Which entrance exam is accepted by JBIMS for Finance?
Ans. JBIMS accepts MH-CET and CAT exams for MSc Finance admission.
Ques. What is the highest package of MSc Finance at JBIMS?
Ans. In the 2023 placement drive, the highest package grabbed by the MSc Finance student is INR 27 LPA
Ques. Which is better MMS or MSc Finance at JBIMS?
Ans. MMS is a better option if an individual wants to gain knowledge in various areas of management and MSc Finance is a better option if an individual wants to pursue a career in finance.
Ques. What is the intake of MSc Finance at JBIMS?
Ans. The intake for MSc Finance at JBIMS is 40 students. But there were 27 students in the 2021-23 batch.
Ques. How is the summer placement for MSc Finance students at JBIMS?
Ans. The summer placement for the 2022-24 batch stood with the highest stipend of INR 2.5 lakh and the average stipend of INR 85,300 Lakhs.
Ques. What are the prominent companies that hire MSc Finance students for summer internships at JBIMS?
Ans. Some of the JBIMS prominent recruiters for MSc Finance include ALPHA, CEAT, Axis Finance, CREDIBLE, JM Financial, Vedanta, TARA, HDFC ERGO, ARITRAA, etc.
Ques. Does JBIMS provide hostel facilities?
Ans. JBIMS Mumbai hostel facilities are available only for the top 25% of students who do not live in Mumbai. The hostel allotted to these students is J S Hall Marine Drive opposite the Churchgate station. Students are charged INR 6000 to INR 8000 per year.
Ques. Does JBIMS provide scholarships?
Ans. Yes, JBIMS provide scholarship to meritorious students. Also, there are interest-free loans provided to the Economically Backward, Merit Oriented, Needy & Deserving MMS Students of the Institute.
Ques. What are the companies that visit JBIMS for final placement?
Ans. Some of the top companies that visit JBIMS for final placement are Accenture, Adani, Asian Paints, Axis Bank, Citibank, Cisco, HDFC Bank, McKinsey & Company, HCL, NPCL, etc.
Ques. What is the average work experience of JBIMS students?
Ans. The average work experience of JBIMS students is 17 months.
Ques. How was the sector-wise placement at JBIMS?
Ans. The data for the sector-wise placement in 2023 is mentioned in the table below:
Sectors | Placement Percentage |
---|---|
BFSI | 43% |
Consulting | 31% |
FMCG & Pharma | 13% |
Manufacturing & Conglomerate | 7% |
IT & E-Commerce | 6% |
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