Thakur Institute of Management Studies and Research: Courses, Fees, Admission 2024, Placements, Cutoff

 Yes, candidates who are willing to pursue three-year, part-time master’s degree programmes from TIMSR Mumbai can take direct admission in second year if they have passed the University of Mumbai’s DMS exam and possess three years of executive experience.

A score of 70%  in MAT will get you accepted for MBA at Thakur Institute of Management Studies and Research (TIMSR)  as TIMSR accepts MAT score for Masters in Management Studies . However, the admission process is based on both admission and merit and the  MAT percentage required for admission in TIMSR is not specified on the official website. A score of 70%  in MAT may not be enough to get admission in TIMSR as the institute usually looks for a higher percentage in the entrance exams. It is recommended to score higher  in  MAT or other approved entrance exams like CAT, MAH MBA CET or GMAT to increase your chances of getting into TIMSR.

Thakur Institute of Management Studies and Research (TIMSR) provides various scholarships for MBA students, including:

1. Merit-based Scholarships:

   • TIMSR Merit Scholarship: Up to 50% fee concession for outstanding academic records.
   • Entrance Exam Toppers Scholarship: 25% fee concession for high scorers in exams like CAT, XAT, MAT, ATMA, MHT CET, and MAH CET.

2. Need-based Scholarships:

   • Financial Aid Scholarship: Provides financial assistance based on the student's financial situation.
   • SC/ST Scholarship: Offers a 50% fee concession for students from Scheduled Castes and Scheduled Tribes.

3. Other Scholarships:

   • Corporate Sponsored Scholarships: Companies may offer scholarships for TIMSR students.
   • Alumni Scholarships: TIMSR alumni association may provide scholarships.

To avail:

• Merit-based: No separate application needed.
• Need-based: Apply with a completed form, income proof, and supporting documents.
• Corporate Sponsored: Contact the sponsoring company.
• Alumni: Check the alumni association website or contact the alumni office for details.

SBM NMIMS and Thakur Institute of Management Studies and Research both offer notable MBA programs, but key distinctions shape each institution's appeal.

SBM NMIMS stands out with higher average and the highest salary packages, reaching INR26.63 LPA and INR67.80 LPA, respectively, compared to Thakur Institute's INR5.70 LPA. NMIMS attracts prestigious recruiters like McKinsey, Bain, and Amazon, while Thakur focuses on established companies. NMIMS achieves a 90% placement rate, showcasing a commitment to student success.

In contrast, Thakur Institute guarantees placements, emphasizing immediate employment. It caters to established companies but lacks exposure to high-growth startups. Thakur Institute also boasts a more affordable fee structure and employs an entrance-based and merit-based selection process.

Ultimately, the choice depends on individual priorities, with NMIMS offering prestige, top recruiters, and higher potential salaries, while Thakur Institute provides a comfortable environment, guaranteed placements, and affordability.

Candidates need to register for one of the qualifying examinations which include CAT, MAT, XAT, MAH-CET, ATMA, CMAT or GMAT. In addition to having a requisite aggregate in graduation and/ or work experience to secure admission to Thakur Institute of Management Studies & Research.

Thakur Institute of Management Studies & Research offers four specialisations under its PGDM programme, namely Marketing, Finance, Operations and Human Resources.

TIMSR Mumbai offers two full-time and two part-time PG courses in Management. Masters in Management Studies and PGDM are two-year, full-time courses, whereas MBA (Marketing Management) and MBA (Financial Management) are offered as three-year, part-time courses for working executives.

Thakur Institute of Management Studies and Research (TIMSR) MBA eligibility requirements are as follows:  

1. Education: Candidates must have passed Bachelor's Degree from any Faculty of Mumbai University or an examination recognised by  Association of Indian Universities. Applicants from other universities must have obtained a bachelor's degree from a recognised university.  
2.  Entrance Test: Candidates must register for one of the qualifying tests which include CAT, MAT, XAT, MAH-CET, ATMA, CMAT or GMAT. 
3. Minimum Pass marks: Candidates must obtain at least 50% of all passing marks. Minimum marks for reserved category candidates is 45%.   
4. Work experience: For the MBA program, candidates must have 2 years of work experience at the supervisory or management level. This requirement is not mandatory for the MMS program. 

Please note that  specific eligibility criteria may vary by major and  year of entry.