JAMNA LAL BAJAJ INSTITUTE OF MANAGEMENT (JBIMS) : Highlights, Courses and Fees, Admission, Selection Procedure, Placement, Ranking

The Institute at the University of Mumbai was founded in 1965. A pioneer in management education is JBIMS. With a history dating back 52 years, JBIMS consistently ranks among the top 10 prestigious business schools in the nation. Under the direction of the late Dr. K. S. Basu, the first full-time 2-year MMS program in India was launched at JBIMS. Considering that JBIMS is one of the country’s oldest business schools, it has solidified its position as the top campus for the most renowned businesses. Both the fundamental management disciplines and the functional fields of management are taught by full-time academics at the Institute. Additionally, the Institute comprises a panel of renowned management experts and senior practicing managers from several management specialties. Both full-time and part-time management programs are available through JBIMS. The Institute’s close proximity to India’s business center is a further benefit. This has improved JBIMS’ connections to business moguls, notable graduates, and a significant number of distinguished visiting academics. The students have benefited for years from this exposure to business professionals as it has helped them to better grasp management techniques and develop their abilities to meet industry standards.

Highlights Of JBIMS

Particulars	Highlights
Establishment year | Ownership	1965 | Private
Campus location	Mumbai, Maharashtra
Affiliated to	University of Mumbai
IIRF Rankings 2023	10
Courses offered	MMS, MSc, MBA
Accepted entrance exams	MAHCET, CMAT, CAT and GMAT
Official website	www.jbims.edu

Courses of JBIMS

• MMS
• MSC. Finance
• MHRD
• Part-Time MMS
• PhD

Courses & Fees

Courses	Fees
MMS	3 Lakh
MHRD	3 Lakh
PART TIME MMS	–
MSc. Finance	3 lakhs
PhD.	–

About MMS

Info about the Course

A 2-year, full-time management degree called “Master in Management Studies” is offered by the Jamnalal Bajaj Institute of Management Studies. The major topics of business and management are covered in the M.M.S. Course at JBIMS, with a focus on both managerial and entrepreneurial skills. This program not only focuses on a range of issues that management professionals must deal with, but it also emphasizes decision-making from a management perspective. The two-year course is broken up into four semesters, including a summer internship project (or projects) lasting 8–12 weeks between the second and third semesters in the months of May, June, and July. The students must specialize in a field of their choice during the second year of their degree program. This two-year program is taught full-time and offers specializations in finance, marketing, operations, human resources, and systems.

Selection Process/ Admission

Students who want to pursue a Master of Management Studies (M.M.S.) degree must pass an entrance exam given by the appropriate authorities.

Applicants must successfully pass the MAH-MBA CET Exam in order to be considered for admission to this program.

The common admission process, also known as the CAP Rounds, is used by DTE, Maharashtra to choose students for the M.M.S. program.

Program/Course Framework

Four semesters make up the two-year course’s length. For all of the students enrolled in this program, the first and second semesters are the same. Students select their chosen field of specialty, such as Finance, Marketing, Operations, System, and Human Resource, after completing their summer internship project(s).

About MSc. Finance

The two-year, full-time Master in Finance program—a first of its kind—was launched at the former prime minister Dr. Manmohan Singh’s suggestion. The training is specifically developed to mold “Future Financial Leaders.” The curriculum is designed with the London School of Economics in mind. By drawing on the expertise of industry professionals and finance professors who combine statistics, corporate strategy, and operations research, the curriculum goes beyond simply teaching financial theory.

Top finance positions require a sharp decision-maker who can understand both the importance of the smaller details and their place in the overall scheme of things. The Master of Science in Finance programme is designed to provide a solid foundation in the theories and practices of finance as well as the analytical tools and abilities needed to create a solid platform for financial decision-making. The new M.Sc. Finance curriculum provides all the fundamental academic and practical abilities required for a prosperous career in finance. Before exploring rapidly evolving specialisms like Fintech, Big Data, and International Finance, it will provide a thorough understanding of financial theories, assumptions, and practices. The purpose of this course is to assist students in becoming more effective in the field of finance as well as the organizations that employ them.

The weightage criteria are as follows:

	Application Rating (AR)				In-person Assessment					Total Score(TS)
Criterion	CAT/MH-CET/UPSC score	PAR (Xth,XIIth, Bachelor’s degree)	Extra-circular/ Work Experience	Diversity	Total	GA	PI	WAT	Total	0.62(AR) +0.14(IPA)
Weightage	60	15	20	5	100	20	60	20	100

About MHRD

A 2-year full-time master’s degree program called “Master of Human Resource Development (MHRD)” began in 2019. The program is intended for candidates with a strong desire to specialize in human resource management. It focuses on creating HR executives who are partnered with business. Aside from HR classes, the program’s wide curriculum includes a number of courses in a variety of Management topics. These are multidisciplinary courses that are crucial for strategic planning and decision-making. 

The following are the Major HR Thrust Areas:

• Talent Attraction
• Compensation Administration
• Human Resource Management
• Performance Management
• Welfare and Industrial Relations & Labor Laws
• Human Resources Information Systems
• Learning and Development

Admissions/Selection Process

30 Students Intake

Admission processes are as follows:

Written Test (WT): 100 marks

100 marks are available for the In Person Assessment (IPA).    

Group Activity is part of the In Person Assessment (IPA), which carries 40 marks.

50 points are awarded for the personal interview.

Written Ability Test: 10 points

There are 100 questions for 1 mark each on the written test. The questions are multiple choice, and the right answer receives a score of 1 if it is the correct and preferred choice. The following 100 inquiries are included:

20 questions about numerical ability (NA)

20 questions about business and general environmental awareness (GA)

20 questions on the Human Behavior Aspect (HB)

20 questions about group dynamics (GD)

20 questions about individual behavior (IB)

For incorrect responses in the parts on numerical ability and general and business environment awareness in the written test, there is a 0.25 negative marking penalty. There are no bad grades for the other three sections.

In the group activity, which is conducted in groups of 12–15 candidates, behavior that demonstrates leadership, communication, interest in the activity, initiative, and logical reasoning/sequencing will be scored 40 marks out of a possible 40. A personal interview is worth 50 points. A 300-word essay on “Statement of Purpose (SoP)” and a commitment to enroll in the programme are required for the Written Aptitude Test (WAT), which awards 10 marks.

Category	Percentage of Marks in 10th Standard SSC or Equivalent	Percentage of Marks in 12th Standard HSC or Equivalent	Percentage of Marks Bachelor’s Degree
General	60% or above	60% or above	50% or above
Reserved	55% or above	55% or above	45% or above

About Part-time MMS

1. The MMS-IM (Master of Management Studies-Information Management)

The MMS in Information Technology or Master of Management Studies prepares the student to gain insight into the sector’s essential competences. Candidates receive knowledge and skills of the industry that will enable them to use the resources in a way that maximizes productivity. The course gives students the chance to develop their leadership skills, IT industry working knowledge, and entrepreneurial abilities.

Students learn the requisite abilities throughout the program through projects and theory. In-depth information in the fields of finance, operations, marketing, and human resource management is provided to candidates with regard to how it applies to information technology management. After the first year is through, candidates are given real-life experience so they can see how the sector actually operates.

Candidates receive information on the abilities needed to carry out industrial workings monitoring. They have been given leadership training that makes it easier for them to manage the sector’s operations. They also know how important it is to effectively plan for, manage, and care for the requirements of employees.

For candidates, this course offers the foundation for a successful career in their area of expertise. Candidates with an MMS in Information Technology have access to opportunities both domestically and overseas. They can hold top positions in reputable MNCs, business houses, and IT sectors. Major corporations are ready to interview individuals who have finished the program successfully, giving Master in Management Studies in IT students chances in the education sector as well. Numerous institutions have their own campus placement programs where prestigious corporations are eager to hire applicants when the course is finished. The overall goal of the course is to mold the pupils using their capacity to optimize and utilize the abilities in future endeavors. Six semesters make up the approximate three-year length of the MMS Information Management program. Students learn about the information technology industry, entrepreneurship, and other topics through this course.

2. Master of Management Studies—Financial Management

Six semesters make up the three-year postgraduate MMS Financial Management degree, which is devoted to the advancement of financial management competencies. Industry leaders from a variety of fields—including investment banking, operations, and law—share their insightful knowledge and offer advice to the students.

The curriculum includes instruction in all fundamental areas of financial management while placing a strong emphasis on managerial applications. This helps students obtain a thorough understanding of the financial industry and strengthens their preparation for professional exams like the CFA and FRM, among others.

Students with an MMS in Financial Management have access to a range of job options in the financial sector, including positions in private equity, investment banking and management, corporate accounting, entrepreneurship, trading, finance, stock research, and many more.

This program will be helpful to candidates with expertise in finance or similar fields including management audit, internal audit, equity research, investment banking, manufacturing sector, marketing analysis, and economic analysis. Management consultants, business managers, hedge fund managers, project managers, investment bankers, private equity specialists, and corporate financiers are among the careers open to MMS Financial Management graduates.

3. Marketing Management Concentration (MMS-MM) in the Master of Management Studies

A three-year postgraduate degree program in marketing known as MMS in Marketing focuses on the subject. With skills in marketing management, branding, social media marketing, consumer behavior, sales analysis, and other marketing-related areas, MMS in Marketing graduates are prepared for careers in the industry. Graduates of the MMS Marketing program can find employment as a digital marketer, brand manager, business development manager, marketing executive, marketing manager, product manager, sales manager, market research analyst, or marketing consultant, among other positions.

The three-year, six-semester MMS Marketing degree program is divided into a total of 96 credit hours. This course gives students in-depth instruction in marketing and sales, practical experience in developing integrated marketing communications using digital and social media, and enhances their combined marketing and sales skills.

4. Human Resource Development Management (MMS-HRDM)

A three-year postgraduate degree in human resource management called MMS HRDM is available. Graduates of the TMMS in HRDM can launch their careers in the HR sector with knowledge of the latest labor laws, global HRM, HRM in knowledge-based organizations, stress management, managerial communication skills, and other important topics. Human resource officers, office managers, HR recruiting managers, business advisors, occupational psychologists, operational researchers, training and development officers, risk managers, HR payroll managers, data scientists, HR business partners, sales executives, and recruitment consultants are just a few of the jobs available to MMS HRDM graduates.

Six semesters make up the approximate three-year length of the MMS HRDM program. Students learn about human resources through this course.

The organizational discipline known as HRDM is centered on the management of a firm’s HR resources and operations as well as the practical application of HR orientation, techniques, and procedures inside enterprises and organizations.

1st intake: 60 for the MMS-IM (Master of Management Studies- Information Management) program.

2. 120 for the Master of Management Studies in Financial Management (MMS-FM)

3. MMS-MM: 120 for Master of Management Studies in Marketing

Master of Management Studies-Human Resource Development Management (MMS-HRDM): 60

Admission process

Criteria for Eligibility

graduated from a university that the UGC recognizes

After graduating, you must have at least TWO years of experience working in an executive or supervisory role as of June 15 (current year).

Candidates who self-employed are asked to present copies of their income tax returns from the previous three years, proof of their company’s registration, and/or a copy of their partnership agreement, in which they should list their name, as proof of their expertise.

The aforementioned materials should make it very clear that the candidate is essential to the organization.

Selection Guidelines

• The results of candidates’ selection tests will determine whether they are admitted.
• “Group Discussion” and the “Common Entrance Test” make up the selection test.
• There will be a selection test for all qualified candidates.
• A applicant who wishes to apply for multiple programs must do so separately and pay the applicable application fees for each program. Only one of the applied programs will be accepted.
• After the admission process is complete, admission cannot be changed to other programs.
• Candidates for admission must pay 1200 rupees in non-refundable admission fees.
• date of application submission
• Common Entrance Test Mock Test Discussion

PhD

Through its renowned research center associated with the University of Mumbai, JBIMS provides a doctoral-level degree, the Ph.D. in Management Studies. Students interested in management teaching, research, and consulting might consider the Ph.D. program. The program’s primary goals are to: • Develop management professors with the abilities necessary to educate students in business schools; • Develop bright, young academicians with a research-oriented mindset to undertake study on current management topics.

Admission/Selection Criteria/Intake Capacity 40 

• The ideal candidate will have a postgraduate degree in business management or a closely connected management discipline.
  • The applicant must pass one of these tests: PET, NET, SET, or GRF.
  • Personal interviews with candidates should be conducted together with research proposals.
  • Refer to VCD/947 2018 of the University of Mumbai for more information.
  • Fee Schedule The first year’s fee is Rs. 17,680, while the second year’s fee (the last year) is Rs. 15,355.

Highlights of the JBIMS Placement Report 2022

The following list of JBIMS placements 2022 course-specific key highlights is provided:

Particulars	MMS Statistics (2022)	MSc Finance Statistics (2022)	MHRD Statistics (2022)
Highest package	INR 42 LPA	INR 24 LPA	INR 21.5 LPA
Average Package	INR 27.63 LPA	INR 19.35 LPA	INR 16.5 LPA
Median Package	INR 26.48 LPA	INR 18 LPA	INR 14.8 LPA
Companies visited	75+	NA	NA
PPOs / PPIs offered	65	NA	NA

Package JBIMS Average 2022

Following is a list of the average compensation granted per course during JBIMS Mumbai placements in 2022:

Course	Average Package (2022)
MMS	INR 27.63 LPA
MSc Finance	INR 19.35 LPA
MHRD	INR 16.5 LPA

Admission In JBIMS

The DTE Maharashtra’s DTE CAP 2021 is held in July, and it serves as the entrance exam for JBIMS’s two-year Masters in Management Studies (MMS) Program. For those who are currently employed, JBIMS Mumbai offers a part-time MBA in Management, MMS and MSc Finance, MHRD, and other related programs. For admission to JBIMS in 2022, candidates must pass the MAHCET, CMAT, CAT, and GMAT exams. Candidates are then chosen for a personal assessment exam based on the results of their admission exam. For 2022 admission to JBIMS Mumbai under the MAH and All India categories, separate merit lists will be generated.

Accordion Icon for MAH MBA CET Year-Wise Rank at Jamnalal Bajaj Institute of Management Studies Cutoff 2023

To view the MAH MBA CET cutoffs from prior years for applicants seeking admission, please refer to the table below:

Master of Management Studies – JBIMS : Cutoffs (GN-AI)
Exam	2019	2020	2021
CMAT (percentile)	– / –	99.9	– / –
CAT (percentile)	96	96	96
MAH CET (percentile)	– / –	– / –	99.96

Scholarships

Scholarships from the Jamnalal Bajaj Institute of Management Studies’ Smt. Jyoti Dwivedi Memorial Scholarship Fund:

Exclusive to students at Jamnalal Bajaj Institute of Management Studies in Mumbai, the famous Smt. Jyoti Dwivedi Memorial Scholarship Awards are given each year. Since his late mother was one of the first graduates from her Gujarati hamlet in the 1960s, Mr. Nimish Dwivedi founded the grant in her honor in 2019. He did so because she had a great belief in higher education. These financial aid packages are provided to gifted students who struggle with money while in school. The scholarship offers a core award of Rs. 100,000 to each meritorious student to help with their tuition costs. In addition, two extra ad hoc awards of Rs 50,000 each were awarded in this round, allowing four worthy students to pay for their education and pursue their ambitions.