Is JBIMS the best college compared to SP Jain and NMIMS Mumbai?

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Akriti Gupta Posted On - Sep 12, 2023

lives in Mumbai, Maharashtra, India

There are many ways to measure the "best" MBA college, but one commonly used metric is the ranking by reputed educational agencies. According to the latest rankings by the Financial Times, the top MBA college in Mumbai is the Jamnalal Bajaj Institute of Management Studies (JBIMS), followed by the S. P. Jain Institute of Management & Research (SPJIMR) and the Narsee Monjee Institute of Management Studies (NMIMS). However, these rankings are based on specific criteria and may not match your preferences.

Here is a brief overview of these colleges

Particulars	JBIMS	SPJIMR	NMIMS
Total Recruiters	75+	63	148
Highest CTC	INR 42 LPA	INR 77.8 LPA	INR 67.80 LPA
Average CTC	INR 27.63 LPA	INR 33.02 LPA	INR 26.63 LPA
Major Domain	Consulting	-	General Management, Marketing, Finance, Operations
Top Recruiters	Accenture, KPMG, EY, Deloitte, PwC, Infosys	Asian Paints, Hindustan Unilever Limited, ITC, Accenture Strategy	Aditya Birla Capital, American Express, Goldman Sachs, Crisil etc

So, JBIMS is the best college in terms of ranking, quality, and placements. It falls in the same category as the top B Schools like IIMABCL, XL, and FMS. The specialization-wise preference order would be

Finance -Jb>SPJ>NM
Marketing -SPJ>JB>NM
Operations -SPJ>NM

Ultimately, the best college depends on your preferences and future prospects.

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Deepika Sinha Posted On - Jul 30, 2022

Studied at Faculty of Management Studies, University of Delhi

JBIM is better than SP Jain and NMMIMS Mumbai, in terms of academics, placements, and ranking. It is in the same category as IIM ABC, XLRI, and FMS. JBIM is especially known for its Finance specialization.

During the 2022 placement drive, the institute offered an average CTC of around INR 27.63 LPA. KPMG, PwC, EY, Deloitte, etc. were among the major recruiters to visit JBIMS placements.

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Supriya Sharma Posted On - Jun 19, 2021

Studied at Calcutta University (2018)

Some of my friends studied in these institutes. According to them all provide excellent management programs and opportunities to their students in MBA. But, if we consider the return on investment of the three institutes, JBIMS is definitely the best among all.

The points below provide a brief overview of the institute.

The fee structure of JBIMS is very less, as compared to NMIMS and SP Jain.
Also, the average package offered in JBIMS is ?18.9 LPA, which is very good.
It is called the CEO factory. So, due to the low fees and very good average package, the ROI of JBIMS is definitely the best among all.
In all sections like placement, campus environment, etc, SP Jain tops the list for its brand value and is surely above NMIMS and JBIMS.
So, it is evident that all the institutes mentioned in the question are excellent, and if you get a chance to study there, you should definitely consider it.

Categories	JBIMS	SP Jain	NMIMS Mumbai
Course Fee	1.52 - 7 lakh	17.5 lakh	12.05 lakh
Highest CTC	32 LPA	40 LPA	15 LPA
Average CTC	20 LPA	22 LPA	8-10 LPA
Recruiting Companies	McKinsey, HSBC, Loreal, Berger, etc.	Bosch, ITC, Aditya Birla, Crisil, etc,	EY, Barclays, Deloitte, Morgan Stanley, etc.

Therefore, considering the factor of ROI, JBIMS is the clear winner. But, it cannot be categorized as the best college as SPJIMR defeats the other two in almost all other factors.