JBIMS Mumbai, Mumbai

JBIMS Mumbai, Mumbai

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

EventsDates (Tentative)
MMS Last Date for Application FormJune 3, 2025
MMS Common Entrance Test & Group DiscussionJune 8 – 9, 2025
MHRD Entrance Test (Offline at JBIMS Campus)September 16, 2025
MHRD Entrance Test Result DeclarationSeptember 22, 2025
MHRD In-person AssessmentSeptember 30, 2025 – October 01, 2025
MHRD Commencement of Program (Tentative)Mid October 2025


MSc Finance Events 2024Dates
Online Registration BeginsJuly 11, 2024
Online Registration EndsJuly 26, 2024
Shortlist ReleasedAugust 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:

CoursesFees
MMSINR 3.05 Lakhs per annum
MSc FinanceINR 3 Lakhs per annum
MHRDINR 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:

CoursesIntakeEligibilitySelection Criteria
MMS150 – 160Bachelor’s degree + MAH-MBA CET/ CMAT/ CATEntrance Exam Score + CAP
MHRD30Bachelor’s degree with 50% marks and 60% in 10th & 12th each + MAH CET/ CATGroup Activity + Personal Interview + Written Ability Test
MSc Finance40Graduation with Mathematics as one of the subjects and 60% in 10th & 12th each + MAH-CET/ CATCET & 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
PhD40Master’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.
QuotaSanctioned Seats
CAP Seats120
All-India18
NRIs/Foreign Nationals/PIOs Quota15 – 25

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 StageDescription Tentative Timeline 
Application FormThe candidates should complete the application form by visiting the institute’s official website. Dec 26, 2024 – Jan 25, 2025
Entrance ExamThe candidates will have to clear the MAH-MBA CET examination. March 09 – 11, 2025
Selection ProcessThe candidates will be selected through the Common Admission Process (CAP), which is held in July by the DTE Maharashtra. May 2025
ResultThe 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:

ExamsCut-off (2024)Cut-off (2023)
CMAT99.9999.99
CAT99.9999.99
MAH-MBA CET99.29 – 99.9499.88 – 99.90

The Maharashtra state (MAH-MBA/ MMS CET) cutoff 2024 for Round 1 and Round 2 is as follows:

MAH-CET Cutoff  2024
CategoryCutoff (Round 1)Cutoff (Round 2)
OPEN99.94
SC99.2997.26
ST97.43
OBC99.81
EWS99.74
PWD99.5999.42

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)
General99.9099.8999.88
SC99.4699.40Round 3 cutoff was not released for other categories.
ST96.3495.71
OBC99.7799.77
EWS99.7999.77

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. 

 

ParticularsPlacement Statistics 2024
Total Recruiters55
Students Placed140
Highest CTCINR 87.12 LPA
Average CTCINR 27 LPA
Top RecruitersAccenture, 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. 
ParticularsSummer Internship Statistics (2022-24)
Highest StipendINR 7.93 Lakhs
Average StipendINR 2.26 Lakhs
Median StipendINR 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 BodyYearCategoryRank
IIRF2024Top Govt. B-School19
Outlook ICARE Ranking2024Top Govt. B-School10

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 NameLatest Total FeesLatest Average PackageROI
JBIMSINR 6.1 LakhsINR 27 LPA459.3%
TISS MumbaiINR 1.85 LakhsINR 27.22 LPA1471.3%
FMS DelhiINR 2 LakhsINR 34.1 LPA1705.0%
  • 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 NameDetailsAmount
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. 

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