Jamnalal Bajaj Institute of Management Studies
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JBIMS Mumbai: Courses, Admission 2024, Fees, Placements, Ranking

  • Private Institute
  • Estd. 1965
Dark Clock Icon Last updated on 12 Sep '24

JBIMS Mumbai
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JBIMS Mumbai Highlights 2024

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Commonly asked questions
On Highlights

Q:   How can I get admission in JBIMS MBA 2024?

A: 

The college does not offers MBA, it offers MMS Jamnalal Bajaj Institute of Management Studies Admissions 2024 for MMS will be based on the CAT and MAH MBA CET exams. The Jamnalal Bajaj Institute of Management Studies offers a 2-year full-time management program, called "Master in Management Studies" (M.M.S.). The course covers major areas of business and management, with a focus on entrepreneurial and managerial skills. This program not only addresses various questions faced by management specialists but also emphasizes decision-making from a management perspective. It is a four-semester course, with a summer internship project(s) of 8-12 weeks between the second and third semesters, usually in May, June, and July. In the second year, students can specialize in a field of their choice from the following areas: Finance, Marketing, Operations, HR, and Systems.It is advised to check the official website for more updates. Hence prepare well for the CAT exam. Solve as many question papers as possible and give as many mock tests as possible. 

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Q:   What is the cutoff mark for JBIMS through the CAT, CMAT and CET for All India category students?

A: 

Jamnalal Bajaj Institute of Management Studies offers Master of Management Studies (MMS), MMS in Financial Management, MMS in Marketing Management and Master of Human Resource Development (MHRD) through various National-level and state-level exams. Candidates aspiring for JBIMS must have a valid score in either of CAT, CMAT and MAH CET MBA to fulfil the eligibility for further admission rounds. As per JBIMS cutoff 2023 for MMS, the minimum cutoff in MAH CET CAP Round 1 was 99.99 Percentile. Also, taking into consideration CAT cutoff, candidates must have an overall percentile of 96 for MMS and 95 percentile for MMS in Marketing Management and Master of Human Resource Development for General All India category students. Further, aspirants with 99 percentile in CMAT are eligible for MMS in Financial Management. The aforementioned cutoffs are based on previous years.

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Q:   Which of the four entrance exams (CAT, XAT, MAT, MH CET) are accepted for MBA admission to JBIMS?

A: 

The Jamnalal Bajaj Institute of Management Studies (JBIMS) in Mumbai accepts the following entrance exams for admission to its PG programme: Common Admission Test (CAT), Maharashtra Common Entrance Test (MAH CET), Xavier Aptitude Test (XAT) Management Aptitude Test (MAT). It's always recommended to check with the institute for the latest and accurate information on the admission process and eligibility criteria for the MBA programme at JBIMS. The institute may have its own selection criteria and admission process, which may include group discussion and Personal Interview rounds, in addition to the entrance exam scores.

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Q:   What is the cutoff for MMS in JBIMS this year?

A: 

MAH CET has released Round 2 cutoff for the MBA  (or MMS) programme for two categories, namely, the Maharashtra State category and the All India category. The MAH CET cutoff released against Round 2 and Round 1 Counselling for Open (General category) candidates, seeking admission to the MBA programme at JBIMS Mumbai is provided in the table below:

Course

MAH MBA CET Counselling Rounds All India Category Cut off 2022

MAH MBA CET Counselling Rounds  Maharashtra State Category Cut off 2022

MBA: Round 1

99.98%

99.93%

MBA: Round 2

99.98%

99.93%

Read more: JBIMS Cutoff 2022

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Q:   What is the cutoff for JBIMS in MAH CET?

A: 

Jamnalal Bajaj Institute of Management Studies admission to Master of Management Studies (MMS), MMS in Financial Management, MMS in Marketing Management and Master of Human Resource Development (MHRD) through MAH CET MBA.  As per JBIMS cutoff 2023 and 2024 for MMS, the minimum cutoff in MAH CET CAP Round 1 and Last Round cutoff was 99.99 Percentile. Analysis of cut offs for previous years for Master of Management Studies (MMS) reveals that, JBIMS has seen an improving trend compared to 2022. Also, when compared from 2021 to 2022, it shows an improving trend here as well. The cutoff for Master of Management Studies (MMS) was 99.96 in 2021 and 99.98 in 2022 respectively. MAH CET cutoffs are released upto Round 3. Aspirants seeking admission to JBIMS can check more details regarding the same by clicking here

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JBIMS Mumbai Admission Process and Dates 2024

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Commonly asked questions
On Admissions

Q:   What is the selection process for MMS programme at JBIMS?

A: 

There are differences in the selection procedure for the full-time and part-time MMS programmes at JBIMS Mumbai. Check out the selection process for particular courses below: 

Full-Time MMSPart-Time MMS
  • To pursue a Master of Management Studies (MMS) degree, students have to clear an entrance exam conducted by the appropriate bodies.
  • In order to be eligible for admission to this programme, candidates need to clear the MAH-MBA CET Exam/ CAT/ ATMA, etc.
  • The selection of the students for MMS programme is conducted through the Common Admission Process i.e., CAP Counselling carried out by DTE, Maharashtra. 
  • Admission will be based on the performance of applicants in the selection test. 
  • Selection test consists of “Common Entrance Test” and “Group Discussion”
  • Change in admission to the different programmes is not allowed after the admission is completed.
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Q:   How can I take admission to MMS course offered at JBIMS?

A: 

Candidates willing to take admission to MMS course must appear for the entrance test conducted by DTE Maharashtra at the state level, i.e., MAH CET followed by CAP counselling. Candidates with a valid score in MAH-CET are eligible to apply. In addition to this, students must also have a bachelor’s degree in any discipline from a recognised university with a minimum of 50 per cent in aggregate (at least 45 per cent in the case of reserved category candidates). Candidates who have appeared for CAT are considered to be eligible for admission against the All India Seats subject to the fulfilment of eligibility criteria. Such candidates need to fill only the online application form for MAH CET counselling according to the schedule.

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Q:   What is the admission process for JBIMS through CMAT?

A: 

If the student is applying for admission to the postgraduate course through CMAT, they must have a valid score in the same. For that study according to the CMAT syllabus and read the preparation guidelines. For the admission process, give the CMAT exam and apply for admission to the postgraduate course at JBIMS. Fill out the application form. Submit the application fee along with application form.

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Q:   What is the last date to apply for MMS course at JBIMS Mumbai?

A: 

The admission dates for the 2025 batch have not yet been announced by the institute. It is anticipated that this year's admission dates would likely fall within the same range as those of the previous year. View the table below to learn about the important MMS course events that occurred for the 2024 batch:

Events Dates 
 Common Entrance Test & Group26th December, 2023 to 25th January, 2024
DiscussionSaturday, 3rd February, 2024 and
Sunday, 4th February, 2024 if

Note: These events were related to part-time MMS course offered at JBIMS Mumbai. 

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JBIMS Mumbai Cutoff 2024

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On Cutoffs

Q:   What is the schedule for JBIMS cutoff 2024?

A: 

JBIMS cutoff 2024 will be out after the release of all th entrance exam cutoffs. Tabulated below are the important dates for JBIMS cutoff: 

DatesUpcoming Events
26 Nov '23
CAT 2023 exam
Feb '24-Mar '24
MAH CET 2024 registration process
23 Mar '24 - 24 Mar '24
MAH MBA CET 2024 exam
May '24
MAH MBA CET result 2024
Jun '24-Aug '24
MAH MBA CET CAP 2024
Feb '24-Mar '24
CMAT 2024 registration and application process
Mar '24
CMAT 2024 form correction
May '24
CMAT 2024 exam date
May '24
CMAT 2024 result announcement

 

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Q:   What is the cutoff for MAH MBA CET as compared to MMS course at JBIMS?

A: 

JBIMS MMS cutoff 2024 has been concluded for admission. The Cutoff is relevant for students interested in admission to JBIMS for the MMS course. The last-round closing score for this year as well as for the past two years are given. This data is relevant to help infer the cutoff trend at JBIMS. As per the cutoff list, the minimum score required for MBA in 2024 was 99.99. During 2023 and 2022, the score stood at 99.99 and 99.98, respectively. 

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JBIMS Mumbai Placements 2024

CourseMedian Salary
MMS
26.4 LPA
M.Sc.
21 LPA

Top Recruiters

Accenture
Google
ICRA
metlife insurance
Oyo Rooms
Deloitte
Bajaj Finserv
HDFC Bank
HSBC
KPMG
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On Placements

Q:   How are JBIMS MSc Finance placements?

A: 

Roles of Management Consultant, Credit Analyst, Financial Analyst, Business Analyst, Equity Research, and many more were offered during JBIMS MSc Finance placements 2024. Further, companies such as Bloomberg, IndusInd Bank, L&T and HDFC Life visited the campus during JBIMS MSc Finance placements 2024. The key highlights of JBIMS MSc Finance placements 2024 are presented below:

Particulars

MSc Finance Placement Statistics (2024)

Highest package

INR 30 LPA

Average package

INR 18 LPA

Top 25% package

INR 22 LPA

Earlier, the top roles in fields such as Management Consulting, Management & Strategy, Financial Planning & Analysis were offered during JBIMS MSc Finance placements 2023. The key highlights of JBIMS MSc Finance placements 2023 as compared with 2022 and 2021 are presented below:

Particulars

MSc Finance Placement Statistics (2021)

MSc Finance Placement Statistics (2022)

MSc Finance Placement Statistics (2023)

Highest package

INR 19 LPA

INR 24 LPA

INR 27 LPA

Average package

INR 15.7 LPA

INR 19.35 LPA

INR 21.36 LPA

Median package

INR 16 LPA

INR 18 LPA

INR 21 LPA

Top 20% package

NA

NA

INR 25.18 LPA

Top recruiters  

Goldman Sachs, RBI, CITI

Goldman Sachs, HDFC Bank, Virtusa

CITI, Bloomberg, ICICI Bank

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Q:   What is the career scope of MSc course of JBIMS?

A: 

The career scope provides a diverse range of employment opportunities for trained professionals. Those with specialised skills can find positions in investment banks, brokerage houses, private equity entities, banks, insurance companies, credit rating agencies, portfolio management services, and venture capital firms. Each of these entities plays a unique role in the investment landscape, and professionals can find a fulfilling career in any of these areas. From analyzing market trends to managing investment portfolios, the investment industry provides a dynamic and challenging work environment for those seeking a career in finance.

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Q:   How are the summer placements at JBIMS for MSc Finance?

A: 

Roles such as Valuation Analyst, Finance Intern, Research Intern and Investment Banking Intern were offered during JBIMS MSc Finance summer placements for the batch of 2023-25. Further, leading recruiters such as KPMG, L&T, Kellogg’s and Union Bank of India visited the campus during MSc Finance summer placements for the batch of 2023-25.

The key highlights of MSc Finance summer placements for the batch of 2023-25 as compared with previous batch are presented below:

Particulars

MSc Finance Summer Placement Statistics (2023-25 Batch)

Highest stipend

INR 2.4 lakh

Average stipend

INR 0.81 lakh

Top 25% stipend

INR 1.4 lakh

Earlier, the key highlights of MSc Finance summer placements for the batch of 2022-24 as compared with previous batch are presented below:

Particulars  

MSc Finance Summer Placement Statistics (2020-22 Batch)

MSc Finance Summer Placement Statistics (2021-23 Batch)

MSc Finance Summer Placement Statistics (2022-24 Batch)

Highest stipend

INR 2,60,000

INR 2,40,000

INR 2,50,000

Average stipend

INR 90,000

INR 1,32,000

INR 85,300

Median stipend

INR 70,000

INR 1,05,000

INR 70,000

Top 20% stipend

NA

NA

INR 1,04,000

Top recruiters

JP Morgan Chase & Co, Tata Capital, KPMG

L&T, Indiamart, Safari

Axis Finance, CEAT, Vedanta

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Q:   How are JBIMS placements as compared with other top MBA institutes?

A: 

Refer the below-mentioned table for JBIMS MMS placement statistics 2023 as compared with the MBA placement statistics 2023 of other top MBA institutes:

Institute Name

MBA the highest Package (2023)

MBA Average Package (2023)

JBIMS

INR 35.75 LPA

INR 28.02 LPA

IIFT Delhi

Domestic: INR 76.5 LPA

International: INR 85.4 LPA

INR 29.1 LPA

FMS Delhi

INR 1.23 crore per annum

INR 34.1 LPA

MDI Gurgaon

INR 60 LPA

INR 27.67 LPA

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Q:   How are the placements at JBIMS?

A: 

The key highlights of Jamnalal Bajaj Institute of Management Studies MMS placements 2023 as compared with 2022 are presented below:

Particulars

MMS Placement Statistics (2022)

MMS Placement Statistics (2023)

the highest package

INR 42 LPA

INR 35.75 LPA

Average package

INR 27.63 LPA

INR 28.02 LPA

Median package

INR 26.48 LPA

INR 27.60 LPA

Total recruiters

75+

55+

New recruiters

22

15

PPO / PPI offered

65

132

Top recruiting sector

Consulting (39% offers)

BFSI & IB (43% offers)

Top 10% package

INR 34.22 LPA

INR 33.30 LPA

Top 30% package

INR 29.62 LPA

INR 29.30 LPA

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JBIMS Mumbai Rankings 2024

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Q:   What is the ranking of JBIMS Mumbai?

A: 

JBIMS Mumbai is ranked 10 in India by the Indian Institute of Ranking and Finances (IIRF) in 2023. It has also been ranked 10 among the top private MBA institutions in India by Outlook 2022.

Here are the key parameters that were considered for the ranking:

  • Academic reputation: 35%
  • Placements: 25%
  • Faculty: 20%
  • Research: 15%
  • Infrastructure: 5%

JBIMS Mumbai scored 891.48 out of 1000, which is a significant improvement from its previous ranking of 12th in 2022. The institute's strong performance in placement and faculty has been cited as the reason for its improved ranking.

 

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JBIMS Mumbai vs Other Institutes: Which is better?

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Compare JBIMS Mumbai with other similar colleges

MMS
M.Sc.
Ph.D.
CollegeMedian SalaryTotal Tuition FeesRanking

JBIMS Mumbai

₹ 26.4 LPA₹ 6.01 L - 7 L -/-

SIMSREE-Sydenham

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₹ 13.3 LPA₹ 69 K -/-

Welingkar Mumbai

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₹ 10 LPA₹ 6.7 L -/-

SIES College of Management Studies

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₹ 7.5 LPA₹ 4.52 L -/-

IIM Ahmedabad

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-/-₹ 20 L -/-
The values are of the latest years available with Shiksha. For more details, check detailed comparison
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On Comparisons

Q:   Which is better for MBA- IIM Ahmedabad or JBIMS?

A: 

IIM Ahmedabad and JBIMS are both top-ranked business schools in India, and both have excellent placement records. However, IIM Ahmedabad has a slightly better placement record than JBIMS Mumbai. In the 2022 placements season, the average salary for IIM Ahmedabad graduates was INR 22.17 LPA, while the average salary for JBIMS graduates was INR 20.13 LPA. IIM Ahmedabad (IIM-A) and JBIMS Mumbai are two of the top business schools in India. Both schools offer a rigorous MBAprogrammethat prepares students for successful careers in business. However, there are some key differences between the two schools.

  • Brand Name: IIM-A is one of the most prestigious business schools in the world. It is ranked consistently among the top business schools in the world by global rankings. JBIMS Mumbai is also a well-respected business school, but it does not have the same global reputation as IIM-A.
  • Fees: The fees for the MBAprogrammeat IIM-A are significantly higher than the fees for the MBAprogrammeat JBIMS Mumbai. The total cost of attendance for the MBAprogrammeat IIM-A is around INR 20 lakhs, while the total cost of attendance for the MBA program at JBIMS Mumbai is around INR 5 lakhs.
  • Location: IIM-A is located in Ahmedabad, Gujarat. JBIMS Mumbai is located in Mumbai, Maharashtra. Ahmedabad is a smaller city than Mumbai, and it has a more relaxed pace of life. Mumbai is a large, cosmopolitan city with a vibrant culture.

·       Placements: The placement records of both schools are very strong. The average salary package for MBA graduates from IIM-A is around INR 25 lakhs, while the average salary package for MBA graduates from JBIMS Mumbai is around INR 20 lakhs. The highest salary offered to an IIM Ahmedabad graduate was INR 74 LPA, while the highest salary offered to a JBIMS graduate was INR 60 LPA.

Ultimately, the decision of which school to attend depends on your individual needs and preferences. If you are looking for a prestigious business school with a strong global reputation, IIM-A is a great option. If you are looking for a more affordable business school with a strong alumni network, JBIMS Mumbai is a great option.

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Q:   Which is a better B-School among JBIMS and SIBM Pune?

A: 

JBIMS and SIBM are both excellent business schools. They both offer excellent MBA programs, strong alumni network, and excellent placement records. However, there are some key difference between the two schools. JBIMS is located in Mumbai, which gives students access to a wider range of opportunities for internships and jobs. JBIMS also has a higher fee structure than SIBM. Admission to both schools is competitive, but JBIMS is slightly more competitive. The MBA programs at both schools are rigorous and demanding, and they both cover a wide range of topics in management. The placement records for both schools are excellent.

Ultimately, the best way to decide which school is right for you is to visit both campuses and meet with the faculty and students. You should also consider your own personal needs and preference, such as your career goals, your learning style, and your budget.

 

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JBIMS Mumbai
Students Ratings & Reviews

4.3/5
Verified Icon68 Verified ReviewsInfo Icon
Placement Review IconPlacements4.6
Infrastructure Review IconInfrastructure3.5
Faculty Review IconFaculty & Course4.6
Crowd Review IconCampus Life4.1
Money Review IconValue for Money4.8
What students say about Jamnalal Bajaj Institute of Management Studies
Placements
Infrastructure
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The companies like McKinsey, Accenture Strategy, HUL, P&G, Citi Bank, HSBC, Standard Chartered, CRISIL, AkzoNobel, JSPL, Private Equity Pro Partners, JP Morgan, Goldman Sachs visit the campus.
Based on 26 Reviews
A
AnonymousVerified Icon
Discontinued (Mar 2022)- Doctor of Philosophy (Ph.D.) - Batch of 2026
4.2
4Placements4Infrastructure4Faculty5Crowd & Campus Life4Value for Money
Best college for Ph.D. in Mumbai!
Placements: JBIMS is one of the most prestigious colleges for pursuing a Ph.D. In our college, around 100% of students get placement opportunities. Many top companies visit our college for placements. The average package offered in the college ranges from 5 LPA to 13 LPA. All the students get internships at our college.
Infrastructure: JBIMS has top-notch infrastructure for our course. The college offers the best quality facilities to the students. All facilities like Wi-Fi, labs, library, canteen, etc., are available for the students on the college campus. Sports and medical facilities are also provided to the students.
Faculty: Teachers at the college are helpful, qualified, and knowledgeable. They offer the best quality teaching to the students. The course curriculum of our college is according to Mumbai University, making the students industry-ready. The semester exams at the college are of a hard difficulty level.
Reviewed on 24 Apr 2024Read More
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S
Saurabh Chauhan Verified Icon
M.Sc. in Finance - Batch of 2020
4.8
5Placements4Infrastructure5Faculty5Crowd & Campus Life5Value for Money
Campus life and placements here are fantastic.
Placements: From our batch, 100% of students got placed. At least 70% of them got placed in big and renowned companies such as Brain, IIFL, PwC, KPMG, Tata Capital, RBS, BYJU's, etc., that visited the institute to recruit the students. The highest salary offered was 32 LPA, and the average package was 19 LPA. A majority of students got placed in the management, consulting, analytics, engineering, IT services and BFSI sectors.
Infrastructure: The college infrastructure of JBIMS is good, with amazing vintage architecture. It is one of the oldest yet well-maintained infrastructures. The institute provides several facilities to us, such as AC and well-furnished classrooms with projectors, seamless Wi-Fi accessibility, a huge library with an enormous collection of 40,000+ books, publications, periodicals, and materials. JBIMS doesn't have a hostel of its own, so I rented a PG in the nearby locality. I used to travel 20-25 minutes daily from my PG to the campus. I found the PG located at a bit far, but it was good on the living part.
Faculty: The faculty members are extremely knowledgeable and friendly, and they motive and foster the students to be industry-ready and grab the job offers in top recruiting companies during placements. The two-year program is divided into 4 semesters, and there's a set core course in each semester. Students are focused more on electives, seminars, and projects during their 2nd and 3rd semesters. Dissertation must be completed in the final semester. Therefore, the syllabus is very diverse with a combination of core courses, seminars and practicals along with summer projects and dessertation.
Reviewed on 1 Apr 2022Read More
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A
Aditya Bhati Verified Icon
M.Sc. in Finance - Batch of 2021
4.6
5Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money
The return on investment in this college is great.
Placements: JBIMS is a very well-known institute for its decent reputation of campus placements. Top recruiters such as Brain, IIFL, PwC, KPMG, Tata Capital, RBS, BYJU's, to name a few, visit the institute to recruit the students. The institute has an impressive record of 100% placement guarantee to students across their finance programs. The highest salary was 32 LPA, and the average was 18.91 LPA. A majority of students got placed under the management, consulting, analytics, engineering and IT services and BFSI sector.
Infrastructure: Some of the facilities include well-ventilated and air-conditioned classrooms, recreational areas, indoor and outdoor games, a well-stocked library, seamless Wi-Fi connectivity, medical facilities etc. The hostels are well-maintained and managed by the hostel committee members. The rooms are daily cleaned and maintained properly by the housekeepers. The hostel rooms have twin sharing bedrooms, water heaters, bookshelves, and attached bathrooms. The canteen offers a variety of food options to students. Every week, the menu gets updated as per students' cravings.
Faculty: The faculty members are extremely knowledgeable and friendly and motivate us to be industry-ready and grab the job offers in top recruiting companies during placements. The two-year program is divided into 4 semesters, and there's a set core course in each semester. Students are focused more on electives, seminars, and projects during their 2nd and 3rd semesters, and the dissertation must be completed in the final semester.
Reviewed on 22 Feb 2022Read More
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N
Naina Kapoor Verified Icon
MMS in Financial Management - Batch of 2016
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
My batch got wonderful placement opportunities.
Placements: This college is definitely the best not only in Mumbai but also in India if you want to obtain a Master's degree in finance. The highest package offered was 20 Lacs per annum, and the average package was 8 Lacs per annum. The top roles offered are assistant manager in finance. The top recruiters are KPMG, India Bulls, HDFC, and ICICI bank. Internships are compulsory in the final year.
Infrastructure: The college infrastructure is maintained excellently. There are air-conditioned classrooms and properly maintained laboratories for academic purposes. There is Wi-Fi facility available for students. The library has both online and offline resources and has all the relevant reference books. The quality of canteen food is fantastic, and the prices are affordable too. There are many sports activities. However, studies and internships leave us very little time.
Faculty: The examinations are difficult to clear as it requires good understanding plus practical applications. We have to study year-round to score well. The course curriculum makes us ready to face corporate challenges and is as per what is expected. All the teachers have been very supportive, and the quality of lectures here is brilliant.
Reviewed on 29 Aug 2021Read More
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T
Tejaswini Shrirame Verified Icon
Master of Management Studies (MMS) - Batch of 2020
4.8
4Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
It is the best college for all over development of students.
Placements: It is a very good college for placements of students, and 100% placements have been done for students of this year even during COVID 19 pandemic. All students got the internships from various companies through college with a good salary package.
Infrastructure: The infrastructure of our college is very attractive and impressive. Indoor and outdoor sports facilities are available, and canteen provides quality and tasty food. Wi-Fi is connected on the whole campus, and there is a library with a good collection of books.
Faculty: Faculty members here are highly dedicative and very sincere towards their work. Their way of teaching is unique, and we did not face any difficulty in grasping the concepts. We can practice them after as practical in computer labs. The course curriculum is designed according to the present market skills.
Reviewed on 19 Jun 2020Read More
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S
Sudip Nikam Verified Icon
Master of Management Studies (MMS) - Batch of 2021
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
A unique way of teaching with 100% placements on high package.
Placements: The placements are the highest every year as 100% placements are for final year batches and the average package is 5 to 6 Lacs. Internships are offered to every student of the college. The placement cell has good contacts with corporates and doing well getting many opportunities to us.
Infrastructure: Infrastructure of the college is at its best and no complaint about it. The library is awesome plus every book related to your field you can get it or you can order too from there. Whole campus has Wi-Fi facility including indoor games courts for basketball and tennis.
Faculty: Faculty members are good and understanding well qualified to have good knowledge of their subjects and fields. They are very friendly and cooperative throughout your graduation. The course curriculum is well designed and all the relevant skills are mentioned according in the curriculum.
Reviewed on 16 Jun 2020Read More
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JBIMS Mumbai Courses and Fees 2024

Accordion Icon V3
CoursesTuition FeesEligibility
MMS(6 courses)
6 L - 7 L
10+2 : 60 %
Graduation : 50 %
Exams : MAH CETMAT+4 More
M.Sc.(1 course)
– / –
10+2 : 60 %
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Commonly asked questions
On Fees and Eligibility

Q:   What is the current fees of MMS course in JBIMS college?

A: 

The total tuition fee of MMS is INR 6 lakh - INR 7 lakh. For more details on the fee structure and numerous refundable and non-refundable components of the same, students are advised to refer to the official website of JBIMS or visit the admission office for details. In addition to the institute-level fee, the MAH CET application fee is to be paid online during registration for the same. Fee payment through any other mode is not accepted. The below table indicates the category-wise MAH CET application fee:

Category

MAH MBA CET 2024 Fees

For Open Category Candidates from Maharashtra State, Outside Maharashtra State (OMS), J & K Migrant candidates

INR 1,000

For Candidates of Backward Class Categories [SC, ST, VJ/DT- NT(A), NT(B), NT(C), NT(D), OBC, SBC, SEBC] and Persons with Disability Candidates belonging to Maharashtra State only

INR 800

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Q:   What is the MAH CET application fees?

A: 

The application fees for MAH CET Examination for candidates belonging to general category is INR 1000, followed by candidates belonging to reserved categories is INR 800. This fees is to be paid during the submission of application form . Only if the paid is made, your application will be acceptable. 

The fees is non refundable under any circumstances, the mistakes while filling the form will result to a new form with new fees submission again . The MAH CET CAP fees is also included in this fees if you decide to go for CAP through MAH CET scores. However, if you go with scores of other management examination like CAT or MAT, a fees of INR 1000 will be there for CAP.

To know more about the MAH CET Examination, refer to the official website. 

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Q:   What is the eligibility for the MHRD course offered at JBIMS?

A: 

To be eligible for MHRD at JBIMS, candidates must have scored at least 60% aggregate in Class 10 and Class 12 (55% in the case of candidates under reserved categories). Additionally, they must have passed a three-year bachelor’s degree recognised by University Grants Commission or AIU in any discipline with at least 50% aggregate or equivalent (45% in case of candidates under reserved categories) or must be appearing in the final year of such a UG degree.

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Q:   What is the application fee for MMS at JBIMS Mumbai?

A: 

Candidates who are interested in applying for part-time MMS admission at JBIMS Mumbai need to pay INR 1,200 for the application process. Along with this, the MAH CET application fee must also be paid online during registration. Please note that payment through any other mode is not accepted. The application fees for unreserved categories including OMS and J&K Migrant fee amount is INR 1000 and for unreserved categories, the application fee is INR 800. 

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Q:   What is the application fees of MSc at JBIMS Mumbai?

A: 

Candidates who are interested in applying for part-time MMS admission need to pay INR 1,200 for the application process. Along with this, the MAH CET application fee must also be paid online during registration. Please note that payment through any other mode is not accepted. The table below provides details of the MAH CET application fee based on various categories:

CategoryMAH MBA CET 2024 Fees
For Open Category Candidates from Maharashtra State, Outside Maharashtra State (OMS), J & K Migrant candidatesINR 1,000
For Candidates of Backward Class Categories [SC, ST, VJ/DT- NT (A), NT (B), NT (C), NT (D), OBC, SBC, SEBC] and Persons with Disability Candidates belonging to Maharashtra State onlyINR 800
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JBIMS Mumbai Scholarships 2024

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JBIMS Mumbai FAQs

Q:   Does JBIMS Mumbai offer scholarships to students?

A: 

JBIMS Mumbai offers a number of scholarships to postgraduate students who demonstrate academic excellence, financial need, or a commitment to social responsibility. Students can apply for scholarships through the official website of JBIMS Mumbai. Here are some of the scholarships offered by JBIMS Mumbai:

JBIMS Mumbai Scholarships
Smt Jyoti Dwivedi Memorial Scholarship AwardsJBIMS 1981 Annual Memorial Awards-
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Q:   Does JBIMS Mumbai provide equal opportunity to apply for scholarships?

A: 

Yes, JBIMS Mumbai provide equal opportunity to apply for scholarships. Some of the scholarships offered by the college are Smt Jyoti Dwivedi Memorial Scholarship Awards, JBIMS 1981 Annual Memorial Awards, and others. Limited number of scholarships are available for students so apply early.

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Q:   How are the summer placements at JBIMS for MBA?

A: 

The key highlights of JBIMS MMS summer placements for the past three batches are presented in the below-mentioned table:

Particulars

MMS Summer Placement Statistics (2021-23 Batch)

MMS Summer Placement Statistics (2022-24 Batch)

MMS Summer Placement Statistics (2023-25 Batch)

Highest stipend

INR 4.2 lakh

INR 7.93 lakh

INR 4.5 lakh

Average stipend

INR 2.35 lakh

INR 2.26 lakh

INR 2.27 lakh

Median stipend

INR 2.4 lakh

INR 2.14 lakh

INR 2.4 lakh

Recruiters

NA

50+

50+

New recruiters

NA

17

13+

Top 10% stipend

INR 3.4 lakh

INR 4.1 lakh

INR 4.14 lakh

Top 30% stipend

INR 3.1 lakh

INR 3.2 lakh

INR 3.58 lakh

Top recruiting sector

BFSI & IB (32% offers received)

BFSI & IB (34% offers received)

BFSI & IB (28% offers received)

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Q:   Is MSc in finance from JBIMS a good option?

A: 

The M.Sc. Finance programme provides all the necessary academic and professional skills required for a successful career in finance. This course is uniquely designed to shape the future financial leaders. It will help in developing a deep understanding of financial theories, assumptions, and techniques, before delving into rapidly developing specializations such as Fintech, Big Data, and International Finance. The objective of this programme is to aid individuals and organizations in enhancing their effectiveness within the finance field. Apart from this, the highest and average package offered during JBIMS MSc Finance placements 2023 stood at INR 27 LPA and INR 21.36 LPA. In addition, the median package offered during JBIMS MSc Finance placements 2023 stood at INR 21 LPA.

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Q:   What is the seat intake of MMS at JBIMS?

A: 
The seat intake of MMS at JBIMS is 590. To secure a seat for MMS Course candidate must pass an enterance examination.
For taking admission in this programme, applicants must get a valid  score in MAH-MBA CET Exam sucessfully in order to be considered. The selection of Students for MMS programme is conducted through the common admission process i.e. CAP Rounds; carried out by DTE, Maharashtra. Check out the seat intake below: 
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Q:   What is the stipend offered during summer placements at JBIMS for MSc?

A: 

The highest and average stipend offered during MSc Finance summer placements for the batch of 2023-25 are presented below:

Particulars

MSc Finance Summer Placement Statistics (2023-25 Batch)

Highest stipend

INR 2.4 lakh

Average stipend

INR 0.81 lakh

Top 25% stipend

INR 1.4 lakh

Earlier, A fluctuating trend was witnessed in the highest, average and median stipend offered over the past three batches during JBIMS MSc Finance summer placements, which is presented below:  

Particulars  

MSc Finance Summer Placement Statistics (2020-22 Batch)

MSc Finance Summer Placement Statistics (2021-23 Batch)

MSc Finance Summer Placement Statistics (2022-24 Batch)

Highest stipend

INR 2,60,000

INR 2,40,000

INR 2,50,000

Average stipend

INR 90,000

INR 1,32,000

INR 85,300

Median stipend

INR 70,000

INR 1,05,000

INR 70,000

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Q:   What is the stipend offered during JBIMS MBA summer placements?

A: 

The highest and average stipend offered during JBIMS MMS summer placements for the batch of 2023-25 stood at INR 4.5 lakh and INR 2.27 lakh, respectively. The stipend offered to the past three batch during JBIMS MMS summer placements is presented below:

Particulars

MMS Summer Placement Statistics (2021-23 Batch)

MMS Summer Placement Statistics (2022-24 Batch)

MMS Summer Placement Statistics (2023-25 Batch)

Highest stipend

INR 4.2 lakh

INR 7.93 lakh

INR 4.5 lakh

Average stipend

INR 2.35 lakh

INR 2.26 lakh

INR 2.27 lakh

Median stipend

INR 2.4 lakh

INR 2.14 lakh

INR 2.4 lakh

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Q:   How are the placements for MMS at JBIMS?

A: 

The key highlights of JBIMS MMS placements 2024 as compared with 2023 and 2022 are presented below:

Particulars

MMS Placement Statistics (2022)

MMS Placement Statistics (2023)

MMS Placement Statistics (2024)

Highest package

INR 42 LPA

INR 35.75 LPA

INR 87.12 LPA

Average package

INR 27.63 LPA

INR 28.02 LPA

INR 26.12 LPA

Median package

INR 26.48 LPA

INR 27.60 LPA

INR 26.4 LPA

Total recruiters

75+

55+

55+

New recruiters

22

15

13+

PPO / PPI offered

65

132

73+

Top recruiting sector

Consulting (39% offers)

BFSI & IB (43% offers)

BFSI & IB (49% offers)

Top 10% package

INR 34.22 LPA

INR 33.30 LPA

INR 32.89 LPA

Top 30% package

INR 29.62 LPA

INR 29.30 LPA

INR 29.35 LPA

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Q:   Why is JBIMS so famous?

A: 

JBIMS Mumbai is famous for a number of reasons, including:

  • Location: JBIMS is located in Mumbai, which is the financial capital of India. This gives students access to a wide range of opportunities for internships and jobs.
  • Faculty: JBIMS has a faculty of experienced and respected academics. Many of the faculty members have published research in top academic journals.
  • Curriculum: JBIMS offers a rigorous academic curriculum that covers a wide range of topics in management. The curriculum is designed to prepare students for careers in the corporate world.
  • Alumni Network: JBIMS has a strong alumni network of over 10,000 alumni. The alumni network can help students with their job search after graduation.
  • Placement Record: JBIMS has an excellent placement record. In the past year, the average salary for students who were placed was INR 15Lacsper annum.

Overall, JBIMS is a highly respected business school in India. It offers a rigorous academic curriculum, a strong alumni network, and excellent placement opportunities. If you are interested in pursuing a career in management, JBIMS is a great option.

 

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Q:   Which is the top recruiting sector during JBIMS MBA placements?

A: 

BFSI & IB sector emerged as the top recruiting sector wherein 49% of the total offers were made during JBIMS MMS placements 2024. The sector-wise offer distribution made during MMS placements 2024 is presented below:

jbims sector-wise placements 2024

The sector-wise offer distribution made during MMS placements 2024 is also presented below:  

Sectors

MMS Placement Distribution (2024)

BFSI & IB

49%

FMCG & Pharma

17%

Consulting

13%

Tech & Ecommerce

9%

Conglomerates

6%

Others

6%

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Q:   What is the course framework of MSc at JBIMS?

A: 

The programme is designed to educate students about financial decision-making from a management perspective. The programme is divided into four semesters, checkout the basis idea of all the four semesters programme framework below: 

  • During the first semester, students are introduced to the accounting and finance environment, as well as basic tools of analysis. 
  • In the second semester, students will learn advanced tools such as econometrics and financial modeling. They will also be exposed to corporate finance, financial markets, fixed income securities, and investment banking. 
  • The third semester will cover advanced techniques and tools, including technical analysis, portfolio analysis, mergers and acquisitions, risk in financial services, and derivatives. 
  • The fourth and final semester will involve coursework in advanced topics, including structured finance, international finance, infrastructure and project financing, behavioral finance, business analytics, and alternative investments.
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Q:   How good is the full-time MBA (MS) at JBIMS Mumbai?

A: 

First of all, JBIMS offers Master of Management Studies and not MBA programme. The full-time MMS at JBIMS Mumbai is one of the most prestigious and well-regarded MBA programs in India. It is ranked among the top 10 MBA programs in India by various publications, including The Economic Times, Business Today, and Forbes. The programme is designed to provide students with the skills and knowledge they need to succeed in today's competitive business world. It covers a wide range of topics, including marketing, finance, operations, and human resources. The programme also has a strong emphasis on research and analytical skills. Students in the full-time MMS programme at JBIMS Mumbai have the opportunity to participate in a variety of extracurricular activities, including case competitions, industry visits, and student clubs.

The programme also has a strong alumni network, which can help students with their job search after graduation. The full-time MMS programme at JBIMS Mumbai is a highly competitive program. The admission process is based on a combination of factors, including academic performance, work experience, and GMAT/CAT scores. The average GMAT score for students admitted to the full-time MMS programme at JBIMS Mumbai is 750.The full-time MMS programme at JBIMS Mumbai is a great option for students who want to pursue a career in management. The programme offers a rigorous academic curriculum, a strong alumni network, and excellent placement opportunities.

 

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Q:   How are the placements for MBA at JBIMS?

A: 

The key highlights of JBIMS MMS placements 2024 as compared with 2023 and 2022 are presented below:

Particulars

MMS Placement Statistics (2022)

MMS Placement Statistics (2023)

MMS Placement Statistics (2024)

Highest package

INR 42 LPA

INR 35.75 LPA

INR 87.12 LPA

Average package

INR 27.63 LPA

INR 28.02 LPA

INR 26.12 LPA

Median package

INR 26.48 LPA

INR 27.60 LPA

INR 26.4 LPA

Total recruiters

75+

55+

55+

New recruiters

22

15

13+

PPO / PPI offered

65

132

73+

Top recruiting sector

Consulting (39% offers)

BFSI & IB (43% offers)

BFSI & IB (49% offers)

Top 10% package

INR 34.22 LPA

INR 33.30 LPA

INR 32.89 LPA

Top 30% package

INR 29.62 LPA

INR 29.30 LPA

INR 29.35 LPA

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Q:   What are the facilities provided by JBIMS Mumbai?

A: 

Here are some of the infrastructure facilities available at JBIMS Mumbai:

  • Library: The library has a collection of over 100,000 books, journals, and other resources
  • Computer labs: There are several computer labs on campus that are equipped with the latest software and hardware
  • Sports facilities: The campus has a swimming pool, a gymnasium, and a cricket ground
  • Canteen: The canteen offers a variety of food options for students and faculty
  • Hostel: The campus has a hostel for both boys and girls
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Q:   What is the application fee for JBIMS?

A: 

Students are required to pay INR 1,200 for the application process of part-time MMS admission to JBIMS. Over and above the institute-level fee, the MAH CET application fee is to be paid online during registration for the same. Fee payment through any other mode is not accepted. The following table indicates the category-wise MAH CET application fee:

Category

MAH MBA CET Fees

For Open Category Candidates from Maharashtra State, Outside Maharashtra State (OMS), J & K Migrant candidates

INR 1,000

For Candidates of Backward Class Categories [SC, ST, VJ/DT- NT (A), NT (B), NT (C), NT (D), OBC, SBC, SEBC] and Persons with Disability Candidates belonging to Maharashtra State only

INR 800

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Q:   What is JBIMS famous for?

A: 

Jamnalal Bajaj Institute of Management Studies (JBIMS) is well-known for being one of India's top business schools. JBIMS, which is located in Mumbai, is well-known for numerous key attributes:

  • Legacy and Reputation: JBIMS was founded in 1965 and is widely regarded as one of the best management institutes in the country.
  • Academic Excellence: The institute has a challenging curriculum and is well-known for its excellent academic standards and educational excellence.
  • Placement Track Record: JBIMS has an amazing track record of putting its graduates into top-tier international firms.
  • Alumni Network: The institute has a significant alumni network, with many of its graduates occupying prominent positions in business.
  • Mumbai Advantage: Because JBIMS is located in India's financial hub, students get tremendous opportunities for networking, internships, and exposure to the business sector.

Overall, JBIMS is lauded for its long-standing dedication to generating outstanding business leaders and significantly contributing to the field of management education in India.

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Q:   How is the campus of JBIMS Mumbai?

A: 

The campus of JBIMS Mumbai is located in the heart of the city, in the Fort area. It is a small campus, but it is well-maintained and has all the facilities that students need. The campus has a library, a computer lab, a cafeteria, and a sports complex. There are also a number of clubs and societies on campus, which students can join to get involved in extracurricular activities.

The campus is surrounded by a number of historically buildings, including the Bombay Stock Exchange and the Gateway of India. This gives students a unique opportunity to learn about the history of Mumbai and India. The campus is also close to a number of park and garden, which students can use to relax and unwind.

Overall, the campus of JBIMS Mumbai is a great place to learn and grow. It is a small campus, but it is well-maintained and has all the facilities that students need. The campus is also located in a great location, close to a number of historically buildings and park.

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Q:   Is it worth to pursue MMS from JBIMS?

A: 

The highest and average package offered during JBIMS MMS placements 2022 stood at INR 42 LPA and INR 27.63 LPA, respectively. Further, more than 75 companies participated and 65 PPOs / PPIs were offered during Jamnalal Bajaj Institute of Management Studies MMS placements 2022.  Click here to know more about the placements. In addition to this, as per the verified students' reviews on Shiksha, the college has a record of placing 100% of the students under MMS and companies, such as Reliance, Tata Motors, Tata Steel, Axis Bank, HDFC Bank, P&G, HUL, Maruti Suzuki and Vodafone visit the campus to hire the students. Hence, it seems a good decision to pursue this course from JBIMS.  

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Q:   What is the seat intake for MSc at JBIMS Mumbai?

A: 

The seat inatke for MSc in Finance at JBIMS is 40. To secure a seat at M.Sc in Finance candidate should apply on the portal of the institute for admission to MSc Programme. The candidates should have appeared for MH-CET  or CAT to be eligible for the process. The application form will be opened for a stipulated period for applying to the admission process of MSc Finance. The selection will be based on CET and profile based screening, Writing Ability Test (WAT),   followed by GDPI. Check below the seat intake for MSc: 

CoursesSeats
M.Sc. in Finance40
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Q:   What is the selection weightage of MSc at JBIMS?

A: 

During the selection process, candidates' rating scores consist of CAT/ MAHCET performance, Past Academic Records (PAR), work experience and extracurricular activity, and academic and gender diversity. The weightage of each criteria is tabulated below:

CriteriaWeightage (in %)
CAT/ MAHCET/ UPSC score60
Extracurricular/ work experience20
Class 10, class 12 and graduation15
Diversity5
Total100
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JBIMS Mumbai

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered a month ago

The seat allocation at JBIMS would be decided based on the admission process followed by the institute. JBIMS Mumbai offers a total number of 590 seats in MMS courses, from which 160 seats are allocated to MMS in the Financial Management course. To secure a seat in this programme, candidates are req

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V

Vishakha

Contributor-Level 10

Answered a month ago

The list of top recruiters during JBIMS placements 2024 for MMS and other courses is presented below:

Sectors

Top Recruiters (2024)

BFSI & IB

HSBC, Standard Chartered, DBS

Consulting

BCG, Deloitte, McKinsey & Company

FMCG & Pharma

Unilever, Nestle, P&G

Mfg. & Conglomerate

Adani, JSW, Reliance Industries Limited

IT & E-Commerce

Amazon, HCLTech, Samsung

V

Vishakha

Contributor-Level 10

Answered a month ago

Yes, JBIMS Mumbai offers internships to MMS students. The institute offers various courses like MMS, MHRD, and Part-Time MMS with the lowest fees as compared to any other B-Schools. Additionally, the two-year course is structured into four semesters, with a summer internship project of 8-12 weeks be

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V

Vishakha

Contributor-Level 10

Answered a month ago

The MAH MBA CET 2025 exam date announcement can be expected in December 2024. The Maharashtra State CET Cell will announce the exam date on its official website mahacet.org. The exam will be conducted most likely in the second week of March 2025. There will be six sessions. Two sessions per day. In

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V

Vishakha

Contributor-Level 10

Answered a month ago

JBIMS recorded 100% placements for the MMS programme in 2024. Further, the highest placement package recorded in the placements statistics of 2024 is INR 87.12 LPA. Check out the comparison of the highest placements package offered at JBIMS in 2022, 2023 and 2024 below: 

Particular MMS 2022MMS 2023MMS 2024
Highest Placements Package INR 27.63 LPA

INR 35.75 LPA

INR 87.12 LPA

 

V

Vishakha

Contributor-Level 10

Content authored by:

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Pooja Sharma

Updated on Sep 12, 2024

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