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JBIMS: Admission 2026, Courses, Fees, Cutoff, Placement, & Ranking

Jamnalal Bajaj Institute of Management Studies (JBIMS) is a Private Institute, known as the CEO Factory. The institute is located in Mumbai, Maharashtra. JBIMS offers postgraduate management programs, including its flagship MMS degree. For the 2026 intake, the total MMS fee is INR 8,34,350. Admission requires valid MAH CET or CAT scores followed by DTE CAP counselling. In 2025, the institute recorded an average placement package of INR 24.85 LPA.

LocationMumbai (Maharashtra)
GalleryGallery
Highest Package34.3 Lacs
Year of Establishment1965
TypePrivate
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Updated on - Apr 02, 2026 02:51 PM IST

Jamnalal Bajaj Institute of Management Studies Latest Updates

MAH MBA CET 2026 April session admit card has been released for exams scheduled on April 6, 7, and 8. Candidates can download the admit card from the official website cetcell.mahacet.org.

MAH MBA CET 2026 city intimation slip has been released. Candidates can check and download their city allotment slip from the official website, cetcell.mahacet.org, by logging in with their credentials. The MAH MBA CET 2026 examination is scheduled to be conducted from April 6 to 8, 2026.

MAT May 2026 session registration is open now. The last date to apply for the MAT 2026 is May 24, 2026 (PBT) and June 8, 2026 (CBT). Interested candidates can fill out the application form online on the official website mat.aima.in for MBA and PGDM admissions. The MAT 2026 exam is scheduled to be held on May 31, 2026 (PBT) and June 14, 2026 (CBT).

About Jamnalal Bajaj Institute of Management Studies (JBIMS) 2026

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai was established in 1965 by the University of Mumbai. Located at Nariman Point in the heart of Mumbai's financial district, JBIMS is an AICTE-approved autonomous management institute affiliated with the University of Mumbai. Popularly known as the 'CEO Factory'. The institute holds an 'A' grade accreditation from NAAC and is consistently ranked among the top 10 B-Schools in India.

JBIMS offers postgraduate and doctoral programs in management, including its flagship Master of Management Studies (MMS) — the first of its kind in India — as well as M.Sc. Finance, Master's in Human Resource Development (MHRD), Part-time MMS, and a PhD in Management Studies.

JBIMS MMS admission for the Maharashtra state candidates happens through MAH MBA CET scores, and for All India category candidates comes through MAH CET, CAT, and CMAT, processed via the Centralised Admission Process (CAP) conducted by the Directorate of Technical Education (DTE), Maharashtra. JBIMS Mumbai Admissions 2026 follow the same process, with MAH MBA CET 2026 registration already underway.

In 2025, JBIMS Mumbai placed a total of 196 students by the 65+ recruiters in the BFSI, consulting, technology, FMCG, and manufacturing sectors, by offering the highest package of  INR 55.60 LPA 

JBIMS Highlights 2026

Some key highlights about Jamnalal Bajaj Institute of Management Studies Mumbai are given in the table below:

ParameterDetails
Institute NameJamnalal Bajaj Institute of Management Studies (JBIMS)
Established1965
Also Known AsJBIMS, Bajaj Institute
TypeAutonomous Government B-School
AffiliationUniversity of Mumbai
ApprovalAICTE Approved
AccreditationNAAC – 'A' Grade
Courses OfferedPostgraduate and Doctorate
Flagship ProgramMaster of Management Studies (MMS)
Total MMS Seats150
Entrance Exams AcceptedMAH MBA CET, CAT, CMAT
Admission ProcessCAP by DTE Maharashtra + WAT/GD/PI (for MHRD/M.Sc. Finance)
IIRF Ranking 20256th (Management category)
LocationNariman Point, Churchgate, Mumbai – 400021
Official Websitejbims.edu
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Jamnalal Bajaj Institute of Management Studies specialties

  • iconRankings : Top National Rankings - Ranked #10 Nationally (Outlook ICARE 2024) - Ranked #19 Nationally (IIRF 2024)
  • iconRegion : Financial Capital Advantage - Proximity to corporate hubs, networking - Access to finance, consulting placements
  • iconFees : Low Fees Structure - Rs 6-8.34 L (Total) for MMS program
  • iconROI : Excellent Return on Investment - High average placements vs. low fees
  • iconFlagship Courses : Flagship MMS Program - Master of Management Studies (MMS) - MSc Finance, MHRD also highly regarded
  • iconSpecializations : Diverse Specialization Options - Strong in Finance, Marketing, Operations - HR, Systems and Digital Business
  • iconPlacements : Robust Industry Placements - BFSI, Consulting, FMCG, IT sectors - Top companies: McKinsey, Deloitte, HUL
  • iconTop Industries : Leading Recruiting Sectors - BFSI & Investment Banking, Consulting - FMCG & Pharma, Conglomerates, IT
  • iconDiversity : Diverse Student Cohort - Students from varied academic backgrounds - Mix of freshers and experienced professionals
  • iconInternships : High-Value Summer Internships - Interns at McKinsey, BCG, Deloitte, PwC - Projects in BFSI, FMCG, Consulting
  • iconAlumni : Powerful Alumni Network - Known as "CEO Factory" for leaders - Uday Kotak, Chanda Kochhar, Ajay Piramal
  • iconGuest Lecturers : Industry Stalwart Lectures - Eminent management experts, senior managers - CEOs from diverse fields share insights
Expand Specialties

JBIMS Courses & Fees 2026

JBIMS Mumbai offers postgraduate and doctoral programs in management. The flagship MMS program is a two-year full-time degree equivalent to an MBA, offered across five specialisations: Finance, Marketing, Operations, Systems, and Human Resource Management. The institute also offers M.Sc. Finance, MHRD, a part-time MMS for working professionals, and a PhD in Management Studies. JBIMS fee structure contains the tuition fees, examination fees and other fees. The JBIMS MMS fees is INR 8,34,350 for the 2 year fulltime program. The table below provides an JBIMS Mumbai courses list, their and total fees.

Course NameDurationTotal Fees (General/Open)
MMS2 YearsINR 8,34,350
MMS (Part Time)3 YearsINR 4,20,000 – INR 4,50,000
MHRD2 YearsINR 7,00,000
MSc Finance2 YearsINR 6,00,000
PhD (Management)3 Years INR 48,390

Source: JBIMS Official Website (jbims.edu); DTE Maharashtra

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Top Courses at Jamnalal Bajaj Institute of Management Studies

Course NameFeesEligibility
M.Sc. (Master of Science)₹1,02,290
Bachelor's degree in any discipline, Minimum aggregate score of 50%, Valid score in Common Entrance Test (CET) or national-level entrance exam (CAT, XAT, GMAT)
M.M.S. (Master of Management Studies)₹3,00,520 - 6,01,000
Bachelor's degree in any discipline, Minimum 50% aggregate marks in undergraduate program, 5% relaxation for reserved category (SC/ST/OBC)
M.H.R.D.M. (Master in Human Resources Development Management)₹50,680
Bachelor's degree in any discipline, Minimum aggregate score of 50%, Valid score in national level management entrance exams (CAT, XAT, CMAT, MH-CET)
M.M.M. (Master of Marketing Management)₹50,680
Bachelor's degree in any discipline, minimum aggregate score of 50%, valid score in Common Entrance Test (CET), valid score in Common Admission Test (CAT)
M.F.M. (Master of Financial Management)₹50,680
Bachelor's degree in any discipline, Minimum aggregate score of 50%, Valid score in the Common Entrance Test (CET)
M.I.M. (Master of Information Management)₹50,680
Bachelor's degree in any discipline from a recognized university, Minimum aggregate score of 50%, Valid score in CAT, CMAT, or GMAT
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JBIMS Admission 2026

JBIMS Mumbai admission 2026 is ongoing for the PG admission through the entrance exam followed by the counselling process. For the flagship MMS program, candidates must appear in the MAH MBA CET 2026 (for Maharashtra state candidates) or the CAT/CMAT (for All India seats). The Centralised Admission Process (CAP) is conducted by DTE Maharashtra.

For MSc Finance and MHRD programs, candidates also undergo Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI) rounds. For PhD admission, valid PET/NET/SET/GRF scores and a research interview are required. For these PG and PhD courses institute handles the admission process on its own. Students don’t need to appear in any counselling bodies, like for MMS.

JBIMS Eligibility Criteria 2026

For MMS admission, candidates must hold a Bachelor's degree with a minimum of 50% aggregate marks from a recognised university (45% for SC/ST/OBC/SEBC category). Final-year students may also apply provisionally. Additionally, the 10th standard score (min. 60%), 12th standard score (min. 60%), and graduation score contribute to the composite selection score, so strong academic performance across all levels is important.

CourseEligibility CriteriaSelection Process
MMS (Full-Time)Bachelor’s degree from a recognised university. Minimum 50% aggregate (45% for SC/ST/PwD Maharashtra).Valid MAH MBA CET / CAT / CMAT score. Admission through DTE CAP counselling.
MSc in FinanceBachelor’s degree in any discipline. Minimum 50% aggregate and 60% in Class 10 & 12. Mathematics is compulsory in Class 12 or graduation.Valid MAH MBA CET / CAT score. Shortlisted candidates must clear further selection rounds.
MHRD ProgramBachelor’s degree (minimum 3 years). 50% aggregate (45% reserved). 60% in Class 10 & 12 (55% reserved). Final-year students are eligible.Valid MAH MBA CET / CAT score. Selection based on cutoff and institute process.
Part-Time MMSBachelor’s degree with 50% aggregate. Working professionals are preferred with a minimum of 2 years of work experience.Must clear the JBIMS Institute-Level Entrance Test.
PhD (Management Studies)Post-graduation in Business Management or related field with 55% aggregate.Valid PET / NET / SET / GRF score. Research proposal and mandatory interview required.

JBIMS MMS Admission Process 2026

Below is the complete admission details for the MMS admission. Students can check it, MMS admission require student to appear in the MAH CET entrance exam with CAP counselling. For MHRD and MSc in Finance admission institute handles the entire admission process on its own. Students need the MAHCET score to be qualified for the In-Person Assessment (IPA) rounds:

  • Register for the MAH MBA CET 2026 on the official MAH CET portal (mahacet.org)
  • Appear for MAH MBA CET 2026 (for MH state candidates) or CAT / CMAT (for All India seats).
  • For the core MMS program, you need to register for the Centralised Admission Process (CAP) on the DTE Maharashtra website using your entrance exam score.
  • For the MSc Finance and MHRD courses, you must skip the CAP portal and apply directly on the official JBIMS website.
  • If you choose the MMS course, you must verify your academic documents at the designated facilitation centres to get your name on the official state merit list.
  • The MMS admission does not have any group discussion or personal interview rounds, as seats are given purely based on your entrance exam percentile and college preferences.
  • If you apply for MSc Finance or MHRD, the college will shortlist you for a Written Ability Test, Group Discussion, and Personal Interview.
  • The final selection for these special courses depends on a combined score of your entrance exam (40%), graduation (20%), interview rounds (15%), 10th and 12th marks (20%), and work experience (5%).

Finally, once you get a seat allotted through CAP or the institute's direct merit list, you must visit the JBIMS campus to pay your fees and secure your admission.

JBIMS Important Admission Dates 2026 (Tentative)

The important events relating to the JBIMS admission are tabulated below. JBIMS last date to apply for the MSc in Finance and MHRD is 24 June 2026. Note that some of the dates are tentative.

EventDate
MAH MBA CET 2026 Registration Last Date (MMS)February 20, 2026
MAH MBA CET 2026 Session 1 Exam(MMS)April 6–8, 2026
MAH MBA CET 2026 Session 2 (MMS)May 9, 2026
MAH MBA CET 2026 Result (MMS)May 2026 (Tentative)
DTE CAP Registration (MMS)May–June 2026 (Tentative)
CAP Counselling Rounds (1, 2, 3) (MMS)July–August 2026 (Tentative)
JBIMS MSc Finance Admission Last Date24 June 2026
JBIMS MHRD Admission Last Date24 June 2026

Source: DTE Maharashtra; MAH CET Cell (cetcell.mahacet.org) – Dates are indicative and subject to official notification.

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₹1,02,290Fees
2 YearsDuration
RegularStudy Mode
Exams Accepted:CAT , MAH MBA CET
Courses OfferedView AllM.Sc in Finance
₹3,00,520 - 6,01,000Fees
2 - 3 YearsDuration
RegularStudy Mode
Exams Accepted:XAT , MAT +2
Courses OfferedView AllMaster in Management Studies in Finance , Master in Management Studies in Systems , Master in Management Studies in Marketing , Master in Management Studies in Operations , Master in Management Studies in Personnel
₹50,680Fees
3 YearsDuration
Part TimeStudy Mode
Courses OfferedView AllMaster in Human Resource Development & Management (Part Time)
₹50,680Fees
3 YearsDuration
Part TimeStudy Mode
Courses OfferedView AllMaster in Marketing Management (Part Time)
₹50,680Fees
3 YearsDuration
Part TimeStudy Mode
Courses OfferedView AllMaster in Financial Management (Part Time)
₹50,680Fees
2 YearsDuration
RegularStudy Mode
Exams Accepted:CAT , XAT +1
Courses OfferedView AllMaster in Information Management (Part Time)

Jamnalal Bajaj Institute of Management Studies Highlights

JBIMS Placement 2025

JBIMS Mumbai achieves 100% placements rate for the batch (2023–25) with 65+ recruiters from BFSI, consulting, technology, FMCG, and manufacturing sectors. The highest package has reached INR 55.60 LPA with an average of INR 24.85 LPA. The table states the complete JBIMS placement report for 2025:

ParticularDetails
Total Students196
Highest Package Offered55.60 LPA
Average Package Offered24.85 LPA 
Total Recruiters65+
New Recruiters13+
Total PPOs / PPIs Offered94+

Source: JBIMS Official Placement Report 2023–25;

JBIMS Top Recruiters 2025

JBIMS has invited various top global companies for the recruitment. Over 65 companies have visited the campus this year, of which 13 were new ones. Some of the top recruiters were:

  • Accenture
  • Adani Group
  • Axis Bank
  • Cognizant
  • Coca-Cola
  • Deloitte
  • EY
  • HCL
  • ICICI Bank

Summer Internship Placement

JBIMS summer internship placements for the 2024-26 batch are equally competitive. The highest internship stipend for MMS stood at INR 4.50 Lakhs for two months, and the average stipend was INR 2.27 Lakhs. Key recruiters during summer placements included Barclays, Citibank, Disney, Mahindra, Samsung, Accenture, L'Oreal, and Hindustan Unilever. The BFSI sector had the maximum participation.

ParticularJBIMS MMS Internship (2023-25)JBIMS MSc Finance Internship (2024-26)
Total Students (Batch Size)

155

42

Highest Stipend Offered

4.40 Lakhs

2.4 Lakhs

Average (Mean) Stipend

2.32 Lakhs

88K

Median Stipend

2.20 Lakhs

-
Top Bracket Average

4.03 Lakhs (Top 10%)

1.6 Lakhs (Top 25%)

Total Recruiters

55+

-
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Jamnalal Bajaj Institute of Management Studies Placements

Jamnalal Bajaj Institute of Management Studies Placement Stats 2022

Median salary
26.5 Lacs

Top Recruiters at Jamnalal Bajaj Institute of Management Studies

JBIMS Cutoff 2025

JBIMS Mumbai cutoff 2025 for the MAH MBA CET is 99.99 percentile, and JBIMS CAT Cutoff 2025 was 99.99 for MMS General category All India students. The table below provides category-wise expected JBIMS cutoffs for 2026.

JBIMS MAHCET Cutoff 2025

JBIMS MAHCET cut off 2025 is 99.99 percentile for MMS all-India Quota and 99.93 for Maharashtra state Quota. JBIMS MAHCET Cutoff 2025 for OBC students is 99.81 percentile. JBIMS MAHCET cutoff 2025 has been released by the State CET Cell for the MMS. at cetcell.mahacet.org. Below is the JBIMS MAH CET round-wise cutoff 2025 for MMS courses:

CategoryRound 1Round 2
All India99.9999.99
GOPENS99.9499.93
GSCS99.2999.51
GSTS97.4396.91
GNTAS99.6499.50
GOBCS (OBC)99.8199.81
SC99.6099.51
ST99.8796.91
EWS99.7499.87
TFWS99.9599.93

Note: The JBIMS MAH CET cutoff 2026 will be based on the 2025 and previous year cutoff, it will also be affected by the number of students applied and the difficulty level of the exam.

JBIMS CAT Cutoff 2025

JBIMS CAT cutoff 2025 is the 99.99th percentile for MMS course admission through the All India quota. JBIMS MSc Finance CAT Cutoff 2025 for the General category student is 95.00th percentile. Below is the JBIMS CAT Cutoff 2025 across all courses and categories:

CategoryMMS CAT Cutoff 2025 (Percentile)MSc Finance CAT Cutoff 2025 (Percentile)MHRD CAT Cutoff 2025 (Percentile)
All India (AI) Quota99.99N/AN/A
Open / GeneralN/A95.0085.00
Reserved Categories (SC/ST/OBC)N/A75.0075.00
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Jamnalal Bajaj Institute of Management Studies Reviews

4.3
Rating
(4 Reviews)
5 Star Rating
25%
4 Star Rating
75%
3 Star Rating
0%
2 Star Rating
0%
1 Star Rating
0%
Students Feedback
V
Veera RajanMaster in Financial Management (Part Time) | 2019 | Jul 29, 2024 10:20:31
As a student, the academic environment is excellent, but improvements in extra-curricular activities and exposure to industry would make it even better. Overall, this college is definitely worth considering
N
Nirupam MaityMaster in Marketing Management (Part Time) | 2016 | Apr 14, 2024 22:44:29
The best college surely for the marketing and management degrees , the environment here is highly supportive and helpful. The faculty, the students , the facilities and everything is so amazing.
P
PanktiMaster in Human Resource Development & Management (Part Time) | 2021 | Apr 14, 2024 17:24:37
One of the attributes of the college is it provides a wonderful studying environment as it has a formal outlay and puts into consideration the most important aspect which is covering practical knowledge.
S
SUSHILKUMAR PANDEYMaster in Marketing Management (Part Time) | 2025 | Feb 24, 2024 15:30:37
I really like this campus. faculties are very supportive and kind in nature . also the placement standard are very good at this campus. building are also looks good
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Jamnalal Bajaj Institute of Management Studies FAQs

How strict is the daily attendance policy at JBIMS?

JBIMS takes its daily attendance very seriously. You are generally expected to maintain a minimum of seventy-five percent attendance across all your subjects, failing which you might face issues while appearing for your final semester examinations.

Does JBIMS provide any educational loan assistance to students?

Since JBIMS is a top-ranked government-aided college, almost all major banks easily offer educational loans to its students without needing heavy collateral. The campus administration also helps guide you through the loan approval process once admitted.

What makes JBIMS Mumbai called CEO Factory?

JBIMS is called the CEO Factory because many of its alumni have become CEOs and top leaders in major companies. Over decades, the institute has produced business heads across banking, FMCG, consulting, and global corporations.

Is JBIMS a government or private management college?

JBIMS is a state-government-aided management institute affiliated with the University of Mumbai. This government backing is the main reason why the tuition fees are much lower compared to most private business schools in India.

Which university is JBIMS , Mumbai affiliated to ?

JBIMS , Mumbai is affiliated to the University of Mumbai.

When was the college , JBIMS , Mumbai established ?

JBIMS , Mumbai was established in the year 1965.

Is JBIMS better than private MBA colleges?

JBIMS is often preferred because of its low government-aided fees and strong placements. Compared to many private MBA colleges, it offers better return on investment. Its Mumbai location and alumni network also add strong career advantages.
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JBIMS Rankings

JBIMS Mumbai is consistently placed among India's top management institutes by multiple credible ranking bodies. The institute is not individually ranked by NIRF (as it falls under University of Mumbai), but independent ranking organisations rate it highly for its academic quality, ROI, and placement outcomes.

Ranking BodyCategoryRank
IIRF 2025MBA6th
Outlook India 2026Management18th
The Week 2025Management Colleges in India10th

Source: IIRF Rankings 2025; Outlook India; The Week website.

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JBIMS Campus

JBIMS Mumbai is located at Nariman Point, Churchgate – the epicentre of Mumbai's business and financial district. While the campus is compact in size, its location adjacent to the Bombay Stock Exchange, Reserve Bank of India, major international banks, and corporate headquarters is an irreplaceable academic advantage. Students have direct access to industry leaders, guest lectures, and networking events regularly. Below are some of the JBIMS campus facilities:

  • Classrooms: Air-conditioned, equipped with audio-visual aids and modern presentation tools
  • Library: Well-stocked library with management books, journals, case studies, and digital databases
  • Computer Labs: Advanced computer labs with internet connectivity and analytics software
  • Seminar Halls: Multiple seminar rooms and an air-conditioned auditorium for events and workshops
  • Cafeteria: On-campus cafeteria offering quality food
  • Wi-Fi: High-speed Wi-Fi across the campus
  • Gym: Gymnasium facility available for students
  • Medical: Medical facilities accessible on campus
  • International Exchange: Tie-ups with global universities for student exchange programme

How to Reach JBIMS Mumbai Campus?

JBIMS Mumbai Campus is easily accessible via public transport. The campus is a short 5-minute walk from Churchgate Station. Outstation students can arrive at CSMT or Mumbai Central and take a local train or taxi to reach the institute.

ModeRoute / Nearest PointDetails
Local TrainChurchgate Station (Western Line)Best Option. Exit from the south end; it's a 500m walk.
Local TrainCSMT (Central/Harbour Line)2 km away. Take a taxi (10 mins) or BEST Bus (A-124/115).
MetroVidhan Bhavan Station (Line 3)Convenient for commuters from North Mumbai/Aarey.
BusMantralaya / NCPA StopUse BEST buses like A-108, A-115, or 100.
AirMumbai Airport (BOM)~23 km away. Best to take a prepaid taxi via the Coastal Road.
JBIMS Campus

JBIMS Campus

Source: This JBIMS campus image has been sourced from the college official website (jbims.edu/financial).

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JBIMS Faculty

JBIMS has a very different teaching model compared to other standard colleges. Instead of having a huge list of permanent professors, the institute keeps a small core academic team. To give students real-world business knowledge, they bring in over 50 visiting faculty members who are actual industry leaders, CEOs, and corporate directors. Here is what the core faculty numbers look like at JBIMS:

CategoryNumber
Director1
Chair Professor1
Professors2
Associate Professor1
Assistant Professors3
Placement Officer1
Visiting Faculty (Industry Experts)50+
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Jamnalal Bajaj Institute of Management Studies Faculty

Name of facultyDepartmentDesignationEducation Qualification
Dr. Durgesh S. TinaikarIMCP.V. Gandhi Chair Professorphd. Economics, The American University Washington D.C, mms Finance, JBIMS, BEElectrical, VJTI
Dr. Sarika S. MahajanFinance and Accounting AreaAssistant Professorphd in Finance
Dr. Shajratul Dur KhanNot AvailableAssistant Professorphd in Management Studies, mba in HR
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JBIMS Notable Alumni

JBIMS Mumbai, known as the CEO Factory, has produced top business leaders, CEOs, and influencers. Here are some of the most notable alumni:

NameNotable Position / Achievement
Uday KotakFounder, MD & CEO, Kotak Mahindra Bank
Ajay PiramalChairman, Piramal Group
Chanda KochharFormer MD & CEO, ICICI Bank
Vinita BaliFormer MD & CEO, Britannia Industries
Sam BalsaraChairman & MD, Madison World
Nitin ParanjpeFormer CEO & MD, Hindustan Unilever
Nitin NohriaFormer Dean, Harvard Business School
Harish ManwaniFormer COO, Unilever
Lalita D. GupteFormer Joint MD, ICICI Bank
Mani RatnamRenowned Filmmaker
Siddharth Roy KapurFounder & MD, Roy Kapur Films
Manjeev Singh PuriFormer Indian Ambassador to Nepal, Belgium, EU

Note: A verified, comprehensive alumni list is available on the official JBIMS website and LinkedIn. Individual alumni data has not been independently verified for this page.

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Jamnalal Bajaj Institute of Management Studies Alumni

Name of alumnusCourseBatchCompanyDesignation
Ajay PiramalMMS1977Piramal GroupChairman
Sam BalsaraMMS1972Madison WorldChairman and Managing Director
Vinita BaliMMS1977VariousFormer CEO and Managing Director of Britannia Industries
Chanda KochharMMS1984ICICI BankFormer Managing Director and CEO
Nitin ParanjapeMMS1987UnileverChief Transformation and Chief People Officer
Ram RaghavanMMS1997Colgate PalmolivePresident, Enterprise Oral Care
Manjeev Singh PuriMMS1981RBL BankIndependent Director
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JBIMS Scholarships

JBIMS Mumbai offers merit-based and need-based scholarships to support students from diverse academic and financial backgrounds. Students can apply for these scholarships through the official JBIMS website. The following JBIMS scholarships are available to eligible students.

Scholarship NameEligibilityBenefit / Amount
Smt. Jyoti Dwivedi Memorial Scholarship2nd-year MMS students with financial need and good grades.Grant of INR 1,00,000 (2 students) or INR 50,000 (4 students).
MMS 1990 Batch Endowment FundEconomically weak and deserving MMS students.Interest-free loan covering up to 50% of the course fee.
JBIMS 1981 Annual Memorial Awards1st-year MMS students with top academic performance.Special cash prize and an official recognition plaque.
OP Jindal ScholarshipStudents ranked in the top 10 of their academic batch.Direct cash award from the corporate foundation.
State Government ScholarshipsReserved categories (SC/ST/OBC/EWS) from Maharashtra.Partial or full tuition fee waiver as per state rules.

Source: JBIMS Official Website (jbims.edu); State Government Scholarship Portals.

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Why Choose JBIMS Mumbai?

JBIMS Mumbai offers a combination of factors that few B-schools in India can match. The following data-backed reasons explain why students continue to rate it among their top choices for management education.

  • Unmatched ROI: With an MMS fee is INR 8,34,350 for total program and an average placement package of INR 26+ LPA, JBIMS offers one of the highest returns on investment among Indian B-schools.
  • Government B-School Fees: As a government-aided institution, JBIMS charges significantly lower fees than comparable private institutes like SPJIMR or NMIMS.
  • 100% Placement Record: The institute has achieved 100% placements consistently, including during its Diamond Jubilee year (2023–25), with participation from 65+ top-tier recruiters.
  • Prime Location – Mumbai's Financial Hub: Located at Nariman Point, students are steps away from BSE, RBI, global banks, and corporate headquarters, enabling direct industry exposure and networking.
  • Finance Specialisation: JBIMS is widely regarded as one of India's best institutes for finance specialisation, attracting BFSI sector recruiters offering the highest compensation packages.
  • Rigorous, Merit-Based Admission: The 99.99 percentile MAH CET cutoff ensures a highly capable and competitive peer group.
  • Strong Alumni Network: Decades of alumni in leadership roles across sectors actively support current students through mentoring, guest lectures, and placement referrals.
  • NAAC 'A' Grade Accreditation: Academic quality is recognised by NAAC, the national accreditation body.
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BIMS vs Top MBA Colleges in India 2026

The Below table shows the comparison of JBIMS Mumbai with other top MBA colleges in India 2026 on NIRF 2025 rank, flagship program, accepted exams, total fees, average CTC, and highest CTC to help students make clear admission decisions.

Institute NameNIRF 2025 Rank (Management)Flagship ProgramAccepted ExamsTotal FeesAverage CTCHighest CTC
IIM Ahmedabad1PGPCATINR 35.00 LakhsINR 34.45 LPAINR 1.15 CR
IIM Mumbai (formerly NITIE)6MBACATINR 21.00 LakhsINR 27.75 LPAINR 78.20 LPA
MDI Gurgaon9PGDMCATINR 25.00 LakhsINR 25.50 LPAINR 63.30 LPA
SIBM Pune11MBASNAPINR 24.20 LakhsINR 28.16 LPAINR 49.00 LPA
SPJIMR Mumbai20PGDMCAT, GMATINR 24.00 LakhsINR 33.00 LPAINR 81.00 LPA
NMIMS Mumbai24MBA CoreNMATINR 25.00 LakhsINR 25.13 LPAINR 67.80 LPA
FMS Delhi-MBACATINR 2.00 LakhsINR 34.10 LPAINR 1.23 CR
JBIMS Mumbai-MMSMAH-CET, CAT, CMATINR 8.50 LakhsINR 26.12 LPAINR 35.75 LPA
SIMSREE Mumbai-MMS / PGDBMMAH-CET, CAT, CMATINR 1.40 LakhsINR 15.19 LPAINR 21.53 LPA
LIM Valsad-MBACMAT, CAT, MAT, XATINR 1.81 Lakhs~INR 3.00 LPAINR 12.00 LPA

Note: FMS Delhi and JBIMS/ SIMSREE do not participate separately in NIRF rankings. Still, due to strong ROI, brand value, and high salaries, they are considered Tier-1 institutes similar to the Top 10 colleges.

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Jamnalal Bajaj Institute of Management Studies Contact Details

College Location

  • address164, Backbay Reclamation,H.T. Parekh Marg,Churchgate,Mumbai-400020, Maharashtra, India
  • emailweb@jbims.edu
  • telephone+91-22-22024133
  • telephonehttp://www.jbims.edu

Related Questions

A
Aditi Shrivastava •  Aug-14-2023

Dear student,

The management quota fee for the MBA Full Time course in JBIMS is Rs 6 lakh for open candidates and Rs 1,07,420 for reserved category candidates approximately. To apply for management quota in JBIMS, you need to fill out an online application form and appear for a personal interview and group discussion. The selection criteria is based on CAT/MAT/CMAT score, and academic and interview performance. Admission dates will be released by the college on its official website. 

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riya •  Jul-07-2023
Lovely Professional University is best university for MBA. They gave great placement and business opportunities to the students there is 100% placements in the university. And help the students in their business ideas I am a student of LPU and LPU is helping me grow as a person and career wise also, they are making me a better person as a whole. # Fees: So, the fees for MBA program is 190000 per semester but there is scholarship on the basis of entrance test that is Lpunest , national level exams like CAT, MAT, XAT., financial aid like need basis, defence basis and many more. If you still think that fees is little to high then there is a facility of student loan facility and you can do part time job side by side to recover the amount and to helping your parents. #Tie up Programmes: There is tie up programmes are there in MBA like MBA in financial markets tie-up with NSE, MBA in supply chain and logistic in tie up with safeguard and three specific specialisation courses MBA in hospital and healthcare management, international business and tourism and hospitality. #Placement: There is plenty of placement are there for management students and they have so many options are there to work in like banking, insurance, taxes, law and so on and if I talk about the salary packages the highest salary package in 21lacs average salary package is 6.37lacs.
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Abhinav Chamoli •  Feb-10-2020

Dear Student,

Maharashtra Common Entrance Test (MAH-CET) is accepted for admission to a number of PG management courses offered by Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai.

You can refer to the JBIMS Selection Criteria 2020 for detailed information about JBIMS admissions through MAH-CET. The article includes information such as the expected cutoff and detailed selection process of JBIMS.

Please feel free to write back to us if you need any other information.

Thank you.

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