At Jamnalal Bajaj Institute of Management Studies (JBIMS), you are located in the heart of Mumbai's financial hub, Churchgate. The institute boasts of decent infrastructure with air-conditioned classrooms. However, JBIMS does not have a residential campus.
JBIMS provides a great return on investment as the average salary increased by over 20% from 2021, reaching INR 27.63 LPA in 2022. The median CTC was INR 26.48 LPA and the highest salary was INR 42 LPA, with consulting companies playing a dominant role during the placement drive. Major recruiters included Deloitte, EY, PwC, Accenture, Infosys, KPMG, and more.
Admissions to JBIMS are done through CMAT, instead of CET. The institute offers an MMS degree from Mumbai University and an executive MBA for working professionals.
JBIMS has a reputation for attracting senior managers from the industry as guest lecturers and boasts of an excellent permanent faculty. The learning experience at JBIMS is considered a pleasure due to the industry-relevant and practical knowledge shared by the faculty.
The student body at JBIMS comprises the cream of the CET crowd, with a majority of engineers and diverse backgrounds. However, JBIMS does not offer a residential program, so students may miss out on a typical campus life experience.
The 2021 summer internship placement drive at JBIMS was successful, with the highest stipend offered at INR 5.67 Lakhs per month and an average stipend of INR 2.05 Lakhs per month. Major hirers included Citibank, HSBC, JPMC, HUL, P&G, ITC, and others.
As one of the third oldest B-schools in the country and still one of the best, JBIMS provides an excellent return on investment. The non-residential course may be attractive to some students and the institute's location in the heart of Mumbai's commercial activity can never fade.
Famous JBIMS alumni include acclaimed filmmaker Mani Ratnam, Chanda Kocchar (MD and CEO of ICICI Bank), Uday Kotak (Chairman and MD of Kotak Mahindra), Ajay Piramal (Chairman and MD of Piramal India). JBIMS is undoubtedly one of the best colleges in Mumbai, if not the best.