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Is it worth to join an MBA at JBIMS at the age of 28 having lot of academic gaps and no any work experience?
Joining JBIMS for MBA without any work experience may have a slight drawback. Whether the overall experience will be worth it or not, depends on the exact purpose with which you have started on this journey.
With all honesty, your lack of experience and academic gaps will have a negative impact on your placements. Getting higher packages will be almost impossible as companies might object to your flaw in the profile. I am not saying that MBA will be a bad choice, but it will benefit you academically and not financially. It will increase your knowledge and skills and add value to your CV thereby improving your initial situation. But as far as placements are concerned, you will be slightly at a disadvantage to others.
You will be eligible for the final placements only and not the lateral ones. Many companies may or may not put filters on age, work experience, and academics. It all depends on the particular company and your luck. With excellent communication skills and content building, you can make your way into the interview and much more. But you have to strive hard for a very long time as the race is a difficult one for you. If you can prepare well with no pressure or expectations, especially during the summer internship process, you should be fine.
Coming to the knowledge and skills that you will acquire during the MBA, it will certainly have a positive impact on you. You will be able to get rid of negativity and focus on acquiring maximum knowledge.
Still, at the end of the day, I will advise you to get a job and get a level of experience to make your journey a bit easier.
How is the daily life of a first year MMS student at JBIMS?
A first-year MMS student at JBIMS is jolted out of his comfort zone and thrown into a plethora of assignments, projects, knowledge sessions, virtually extempore presentations, quizzes, etc. You will experience a roller coaster of emotions and events and it can take a toll on you at least in the initial months.
The tight deadlines and sleep sacrifice will pave your way through the 2 years. You need to have tons of self-belief and perseverance that you are definitely going to make it through. This will in fact make your experience a thrilling one.
Looking around the campus you will find a highly energetic group of students always discussing an impending crisis. Students will always be seen carrying newspapers or magazines inside the campus.
As time goes by you adapt yourself to the tight deadlines and rigorous environment such that submitting assignments becomes a normal task and is thought to be accomplished in 2 days and preparing for presentations takes just a single night.
You can escape the stress and rigid campus life by taking part only in the compulsory events but that won’t help you to make the most out of your college life. Additional events like -
- Guest lectures maximizing corporate exposure
- Experienced in-house and visiting faculty
- Illustrious alumni base ever-ready to be the guiding lamp to the students
- Student-driven committees undertaking various activities lending some worthwhile hands-on experience in management
- Annual festival Prayaag
- Research presentation event Strategym
- Opportunities to participate in intercollegiate fests
All these opportunities in addition to the mandatory academics will help you maximize your experience at JBIM
How do I increase my speed in MH MBA CET for targeting JBIMS?
Your speed while you are attempting CET or any other exam, depends on three main factors: your knowledge, how quickly you can recall, and how quickly you can convert your knowledge into words and solve problems. The more knowledge you have acquired, the more confident you are at taking risks and not wasting substantial time on trivial questions. For this, you need to have solid basics. Some basic strategies you can adopt are
- While solving Data Interpretation, focus on calculating faster and approximations within permissible limits
- While solving Quant, focus on having a strong fundamental understanding of the concept than mugging up random shortcuts
- For Reading Comprehension, reading daily will help you in improving speed and comprehension
- For Logical Reasoning, solve in an organized manner so that you don’t waste time going through conditions repeatedly
Most importantly, give as many mocks as possible because the more questions you have solved, the more the solutions have become a part of your muscle memory.
What do I need to score in MH CET to get 99.99 percentile for JBIMS?
JBIMS has a CET cutoff as high as 99.99 because it’s a direct ticket to the corporate world. You don’t have to go through GD-PI or any profile checks. This may sound easy but here is the tricky part. Around 100k students sit for the exam every year and the available seats are only 120. This results in high competition and thereby higher cutoff.
My friend was lucky enough to get through the tough procedure and shared his strategy. He divided his entire time for preparation into 3 stages.
Planning stage
- During this stage you have to devise a massive plan as to where to begin and how to divide your syllabus.
- Assign yourself monthly targets and get to the bottom of the syllabus and become well-versed in every topic.
- Solve at least 40 questions from each topic and in this stage focus on accuracy rather than speed. This stage should employ 30% of your total preparation time.
Testing stage
- This stage is where you evaluate the preparation you have done so far. As you have acquired enough knowledge on various topics it’s time you test it. This can be done by attempting mocks regularly at least twice a week.
- Analyze every mock paper to look for your mistakes. You need to focus on accuracy with speed. The more you practice, the more you get confident, and the less time you'll take to solve.
- Keep giving mocks until you are able to score more than 120 in at least 3 mock papers. This phase should take about 40% of your total preparation period.
Polishing stage
There is still some polishing left so get down for last-minute revisions and give atleast 5 mocks every week. Increase your efficiency in your weaker areas and speed in the stronger ones. With this as the final strategy give 5 final mocks.
The elaborate thoroughness and consistency adopted while preparing will ensure that you are confident in the D-Day and don’t flunk the exam. At any given point in your preparation, you need to have maximum motivation, consistency, and determination. Only then will you be able to sail the boat.
What are the college timings for an MMS course at JBIMS and Sydenham?
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.
What is the fee structure of JBIMS for an MBA?
The fees structure of JBIMS for the MMS program is as follows
- Master in Management Studies (M.M.S.) Finance: INR 3,05,000/Yr
- Master in Management Studies (M.M.S.) (Human Resource Management): INR 3,05,000/Yr
- Master in Management Studies (M.M.S.)- Operations: INR 3,05,000/Yr
- Master in Management Studies (M.M.S.)- Marketing: INR 3,05,000/Yr
The total course fee for the MMS course of JBIMS is INR 6.05 lakhs. Students pursuing this program must pay an amount of INR 3.05 lakhs in the first year and INR 3 lakhs in the second year.
How tough is getting into JBIMS?
It certainly is quite tough to get into JBIMS, especially for the full-time MMS Program. I’ve r the last few years JBIMS witnessed 3 admission procedures
Percentile required 99.5: Initially followed an admission procedure that included CET (200) + GD (17) + PI (17) + Past Academic Record (2) + Work Experience (2). This procedure was discontinued around 2012. Only 120 students were allotted a seat out of 10000 and the percentile required was around 99.5.
Percentile required 99.85: This admission procedure did not include the GD-PI round and the admission was done solely on the basis of a written test. This was a book for candidates who had average academic backgrounds and were very excellent in written English. However, this process could not focus on soft skills and other aspects of the candidate's profile so were discontinued.
Autonomous Procedure: The current procedure is an autonomous one wherein the CAT/CET scores are considered along with GD PI WAT rounds. The weightage given to the written test has been reduced so as to enable candidates with lower percentile like 98.9 to get a chance too. They can prove themselves in the GD-PI round and hence make it into JBIMS. Approximately from every GE one candidate gets admission. One may think this is easy when in reality the competition is extremely tough due to the quality of the candidates. Each one of them is talented in one or the other areas and gives an edge to the other. There is no safe score as one may not get in even after scoring 99 percentile whereas one may get admitted even with 98 percentile. It all depends on your overall profile.
Are the salary packages for IIMs higher than those from JBIMS?
IIMs can be broadly categorized into two categories; the first comprising IIM ABC and the second comprising IIM KIL. The total fees will be around 16-18 Lakhs or a few lakhs more for these IIMs. As far as the average package is concerned for IIM ABC, it is around 19-20 Lakhs while for IIM KIL it is merely 2 lakhs less. The highest CTC is around 60-70 (International) for these IIMs.
Coming to JBIMS, we get to witness a much higher ROI. This is because the average package is almost similar to these IIMs while the fees are much less. Also, it is a Mecca for Finance enthusiasts. JBIMS has many notable alumni that carry its brand name proudly. Some of them include
- Vinita Bali, Managing Director of Britannia
- Chanda Kochhar, Managing Director & CEO, ICICI Bank, India
- Nitin Paranjpe, CEO and Managing Director, Hindustan Unilever Ltd
- Ajay Piramal, chairman of Piramal Healthcare
So yes, the salary packages of certain IIMs might be slightly higher than that of JBIMS but considering the ROI factor that slightly differs doesn't really matter.
Has anyone left JBIMS for FMS? If yes, then why?
I have seen many people forgo offers from MDI, JBIMS, and even IIM Bangalore just for FMS Delhi. There are a number of reasons pertaining to why people make this decision. Some have been listed below
- Brand: FMS is one of the oldest MBA colleges and boasts a rich legacy and elaborate alumni base. It has given birth to many Managerial talents over the last decades and is a brand in itself. No doubt JBIMS is a good college but it cannot be compared with the brand name of FMS.
- Location: FMS boasts of a good locational advantage being situated in the heart of the country, Delhi. You can enjoy a lifestyle very similar to that of DU. Also, the budding startups and MNCs in nearby industrial areas like Gurgaon and Noida consider FMS the first choice for recruitment.
- Fees: The most distinguishing feature of FMS is its highly affordable fees in contrast to the hefty fees of other top B Schools. The fees are almost 1/10th of any other top B School while the placements are as good or even better than these B Schools thereby ensuring a spectacular ROI.
So your first choice has to be FMS unless you are willing to go for the Finance sector. In that case, JBIMS being situated in the Finance capital is a much better choice.
Do you know anyone who got into a top b-school (IIMs, XLRI, JBIMS, NM, IIFT, FMS etc.) with average UG percentage?
Yes, I do know a friend who managed to get calls from many top B Schools despite having an average Undergraduate Score. Her profile looked like this
- 10th- 76%
- 12th- 68%
- UG- 64%
Although her marks witnessed a gradual decline, she was lucky enough to study at XLRI. Past academics are considered as one but not the major factors at XLRI, unlike IIMs that focus a lot on past academics. A good XAT and GD-PI score can compensate for your poor academic record at XLRI, FMS, and JBIMS. NITIE is a top B School that does not consider past academics at all. My friend with her average profile managed to convert NITIE, XIMB, and all the IIMs except for the top ones obviously. So we can safely assume that admission into these top B Schools is possible even with an average profile provided that you score excellently in the CAT or XAT and the GDPI round.
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