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 2024 is 99.99 percentile and MAH-MBA CET cutoff is 99.29 – 99.94 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.
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 around 99.29 – 99.94 percentile for CAP Round-I. JBIMS CAT cutoff and the CMAT cutoff is 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 |
| MSc Finance Events 2024 | Dates |
|---|---|
| Online Registration Begins | July 11, 2024 |
| Online Registration Ends | July 26, 2024 |
| Shortlist Released | August 22, 2024 |
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 99.29 – 99.94 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
JBIMS CAT cutoff and CMAT cutoff for its MMS program is 99.99 percentile for All India seats and MAHCET cutoff is 99.29 – 99.94 for state level seats. The cut-off for all the exams accepted by JBIMS are as follows:
| Exams | Cut-off (2024) | Cut-off (2023) |
|---|---|---|
| CMAT | 99.99 | 99.99 |
| CAT | 99.99 | 99.99 |
| MAH-MBA CET | 99.29 – 99.94 | 99.88 – 99.90 |
The Maharashtra state (MAH-MBA/ MMS CET) cutoff 2024 for Round 1 and Round 2 is as follows:
| MAH-CET Cutoff 2024 | ||
|---|---|---|
| Category | Cutoff (Round 1) | Cutoff (Round 2) |
| OPEN | 99.94 | – |
| SC | 99.29 | 97.26 |
| ST | 97.43 | – |
| OBC | 99.81 | – |
| EWS | 99.74 | – |
| PWD | 99.59 | 99.42 |
The Maharashtra state (MAH-MBA/ MMS CET) cutoff 2023 for Round 1, Round 2, and Round 3 is as follows:
| MAH-CET Cutoff 2023 | |||
|---|---|---|---|
| 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. |
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 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.