Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
Established in 1965 under the University of Mumbai, Jamnalal Bajaj Institute of Management Studies (JBIMS) is one of India’s top-ranked government B-Schools, known for its academic excellence, industry-oriented programs, and outstanding placements.
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai – A Premier B-School in India
Jamnalal Bajaj Institute of Management Studies Mumbai has been ranked among the top government B-Schools in India, with 10th place in Outlook ICARE Ranking 2024 and 19th place in IIRF Ranking 2024. JBIMS Mumbai was established in 1965 by the University of Mumbai and is accredited by the All India Council for Technical Education (AICTE). Jamnalal Bajaj Institute of Management (JBIMS) is one of the oldest B-schools in India with a legacy of over 52 years.
Bajaj Institute Mumbai 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 students and the majority of the seats are reserved for Maharashtra domicile candidates. The institute offers UG, PG, and PhD programmes in various specialisations. Bajaj Institute Mumbai courses are offered in various streams such as Management, Human Resources, etc.
The institute doesn’t offer a traditional MBA programme, however, it does offer equivalent programmes in the field of Management. Bajaj Institute Mumbai MBA equivalent programmes include MMS, MSc Finance, MHRD, and others. JBIMS Mumbai admission is primarily entrance-based. The institute accepts several national-level exams such as MH-CET and CAT for JBIMS Mumbai course admissions. The MAHCET cutoff of JBIMS is expected to be around 99.88-99.90 percentile based on the previous year’s trends. JBIMS CAT cutoff and the CMAT cutoff are expected to be around the 99.99 percentile. The institute is known for its low fees and its commendable ROI which is around 459.3%.
Located in Mumbai, this JBIMS offers placement assistance to students. The college is visited by top companies such as American Express, HDFC Bank, Deloitte, and others. During JBIMS Mumbai placements 2024, the highest and average package stood at INR 87.12 LPA and INR 26 LPA, respectively. Tabulated below are the major highlights around Jamnalal Bajaj Institute of Management Studies Mumbai:
Top Popular Courses
Particulars | JBIMS Highlights 2025 |
|---|---|
Establishment year | Ownership | 1965 | Private |
Location | Mumbai, Maharashtra |
Affiliated with | University of Mumbai |
Popular Programmes | MMS, MSc Finance, MHRD |
Recognised by | AICTE |
Rankings (2024) | -10 in Management by Outlook ICARE -19 in Management by IIRF |
Exams accepted | MH-CET, CAT |
Ranking and Recognition
- 10th rank in Outlook ICARE Ranking 2024 (Top Government B-Schools).
- 19th rank in IIRF Ranking 2024.
- Recognized as one of the oldest and most prestigious management institutes in India.
- Known for low fees and high ROI (459.3%), making it an attractive option for management aspirants.
Courses Offered
JBIMS Mumbai offers a range of UG, PG, and PhD programs in management and related fields.
MBA-Equivalent Programs
- Master in Management Studies (MMS) (Flagship Course)
- MSc in Finance
- Master in Human Resource Development (MHRD)
- Part-Time Management Courses in Marketing, Finance, HR, and Information Management
- PhD in Management Studies
Eligibility Criteria
For MMS (MBA-Equivalent Program)
- Candidates must have a Bachelor’s degree with at least 50% marks (45% for reserved categories).
- Final-year students can also apply.
- Admission is based on entrance exam scores.
For MSc Finance & MHRD
- A Bachelor’s degree in a relevant field is required.
- Selection is based on entrance exam scores and personal interviews.
For Part-Time Programs & PhD
- Candidates must have work experience in a relevant field.
- Admission is based on an entrance test and interview conducted by JBIMS.
Admission Process
Admission to JBIMS is entrance-based, with different exams accepted for various programs.
Application Process
Accepted Entrance Exams
- MMS Program: MH-CET (99.88-99.90 percentile), CAT (99.99 percentile), CMAT
- MSc Finance & MHRD: MH-CET, CAT, GMAT, CMAT
- Part-Time MBA & PhD: JBIMS Entrance Test & Interview
Application Process
- Visit the official JBIMS website and register for the desired course.
- Fill out the application form and upload the required documents.
- Appear for the entrance exam (MH-CET, CAT, etc.).
- Shortlisted candidates will be called for an interview.
- Final admission list will be based on exam scores, academic records, and interviews.
Infrastructure and Facilities
JBIMS offers state-of-the-art facilities to ensure a high-quality learning experience:
- Well-equipped classrooms with modern teaching aids.
- Comprehensive library with a vast collection of books, journals, and research materials.
- Computer labs with the latest software and high-speed internet.
- Auditoriums & seminar halls for lectures and corporate interactions.
- Hostel accommodations for outstation students.
- Sports and recreation facilities for student well-being.
Placement and Career Opportunities
JBIMS is known for its excellent placements with high salary packages and top recruiters.
Key Placement Highlights (2024)
- Highest Package: ₹87.12 LPA
- Average Package: ₹26 LPA
- Top Recruiters: American Express, HDFC Bank, Deloitte, Accenture, Citibank, JP Morgan
JBIMS has a strong alumni network, with graduates holding leadership positions in top multinational companies.
Tuition Fees and Scholarships
Fee Structure
- MMS Program: ₹6-7 Lakhs for the entire course
- MSc Finance: ₹3-5 Lakhs
- MHRD: ₹2-4 Lakhs
- Part-Time Courses: ₹1-3 Lakhs
Scholarships Available
- Merit-based scholarships for top-performing students.
- Need-based financial aid for economically weaker sections.
- Government scholarships for reserved category students.
Conclusion
Jamnalal Bajaj Institute of Management Studies (JBIMS) Mumbai is a prestigious management institute with a legacy of excellence. With top national rankings, affordable fees, high placement packages, and industry-oriented courses, JBIMS stands out as a premier choice for management aspirants in India.
Students looking for world-class education, excellent ROI, and top corporate exposure should consider JBIMS Mumbai for their management studies.
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