Jamnalal Bajaj Institute of Management Studies, [JBIMS] Mumbai

Read Student Reviews of Jamnalal Bajaj Institute of Management Studies, [JBIMS] Mumbai

Deepak BBA, batch of 2017
16 May 2017 Rating :
Societies & Associations:
  • There are many cultural activities like sports day, annual day etc. at Jamnalal Bajaj Institute of Management Studies, [JBIMS] Mumbai.
College Infrastructure:
  • Infrastructure at the Jamnalal Bajaj Institute of Management Studies is superb.
  • The hostel fee is Rs. 4000/- per month.
  • Food is average.
Academics & Faculty:
  • Classes at Jamnalal Bajaj Institute of Management Studies, [JBIMS] Mumbai start at 9 am.
  • The faculty is well experienced. 
Fees and Scholarship:
  • Tuition fee at Jamnalal Bajaj Institute of Management Studies, [JBIMS] Mumbai is Rs. 55,000/- per year.
  • Students who score above 85% will get a scholarship. 
Placements & Internships:
  • Campus placement facilities are excellent. 
Vivek MMS, batch of 2018
30 Dec 2016 Rating :
Societies & Associations:
  • There are different clubs in JBIMS to manage different type of interactions from the outside world or within the campus.
  • There are committees to manage placements, alumini interactions, infrastructure, entrepreneurship, academics, web interactions, etc.
  • The main festival of JBIMS is Prayaag which is the cultural festival of JBIMS. It is celebrated with a lot of fervour and participants from across the country come & become a part of this beautiful event.
  • The life in college in general is enjoyable.
College Infrastructure:
  • The campus at JBIMS is very small with a moderate-size red building in the middle of it.
  • JBIMS does not have its own hostel. However, there are 25 seats reserved for JBIMS in the Mumbai University hostel which is hardly sufficient to accommodate 120 students and hence the seats are allocated on the basis of performance in the qualifying entrance examination, and the rest have to look for accommodation outside.
  • The hostel fee for the Mumbai University hostel is Rs. 6,500 per year.
  • There are good flat options outside in nearby areas like Colaba, Churchgate, Parel, Marine lines, etc where 1-BHK flat costs around Rs. 25k-30k per month.
  • The food in the college is average in taste but affordable. One plate of a normal meal(Veg) costs around Rs. 50.
  • The quality of classrooms is above average.
  • Dining halls and Labs are not applicable for the college. However, the library of JBIMS is one of the best B-school libraries in India with access to more than 40k books.
  • The WiFi in the campus is good but needs improvement.
Academics & Faculty:
  • Once again the academics is something which makes JBIMS what it is. The quality and method of teaching are amazing.
  • The guest faculties visiting the campus are one of the best in their respective fields. The permanent faculties are good in imparting knowledge which leads to a good overall concept clarity among the students.
  • The college has been functioning for the last 51 years and one can easily imagine the kind of experience JBIMS has when it comes to imparting knowledge.
  • The daily routine of JBIMS keeps us moderately busy. Our days and nights are spent attending lectures, guest lectures, seminars, working on assignments, participating in competitions and last but not the least, hanging out on Marine drive.
Fees and Scholarship:
  • The course fee at JBIMS per year for a general candidate is approx. Rs. 1.05 which is dirt cheap if compared to the fees of other top notch B-schools in India.
  • There are some internal scholarships available to students on the basis of need and merit about which they can know when they join the college.
  • Anything between a 2-5 number of students gets scholarships and it is sufficient because very few people need the scholarships as JBIMS has such an affordable fee structure.
  • Loans are not needed at all, at least I have not seen anyone from my campus go for an education loan while studying in JBIMS. However, loans are readily available to any JBIMS student because of the prestige of the college.
  • Banks like SBI, ICICI, etc provide education loans at affordable interest rates.
Placements & Internships:
  • I have got placed with a very reputed firm for a good stipend.
  • A lot of top-performing companies from the field of finance, marketing, consulting, operations, etc. visit JBIMS campus.
  • Especially Finance is known to be the forte of JBIMS and hence banks & other financial firms make a beeline to recruit from our campus. FMCGs would come close second in terms of their presence on the campus during the placement season and Consults being the third.
  • The average salary for the batch of 2016 was Rs. 18.13 Lakh PA and the highest salary offered was Rs. 26 Lakh PA.
  • The placements for JBIMS are 100% unless someone opts to sit out.
  • The alumni network of the campus is the best thing about JBIMS in my opinion. 
Admissions:
  • The admission procedure for JBIMS typically has been varying in the last few years. While last year there was a separate admission process by the college comprising of GDs and interviews along with the entrance exam scores. However, this year JBIMS took admissions through the CAP rounds of the DTE.
  • I had taken CMAT, CAT, XAT, etc in a bid to take admission in JBIMS and my CMAT score i.e. AIR 4 proved to be good enough to secure me a seat in JBIMS.
  • The typical cut-offs for JBIMS vary from category to category. Since I am from the Outside Maharashtra category, the cut-off for us was 99.99(with an exception of 2-3 99.98 students making it).
  • The cut-offs for MH general category is 99.92+ as per the past trends. The cut-offs for other categories are more volatile but it can safely be assumed that it is 95+ overall.
Kushal MMS, batch of 2017
09 Dec 2016 Rating :
Societies & Associations:
  • We have the following committees in Jamnalal Bajaj Institute of Management Studies like Placement Committee, The Catalyst Forum(the Students' Council), Alumni Committee, Students Academic Committee, Web Committee, Corporate Relations Committee, Infrastructure Committee,Strategy.
  • Clubs in college like Marketing, Finance, Operations, and Consulting.
  • We have events like Prayag (management and cultural fest), International Research Conference, gym, Munijan and a host of other events all round the year.
  • Recently we have also formed Sports and Music groups.
  • We participate in a lot of sports, cultural and management events across B-Schools.
College Infrastructure:
  • 25 boys (based on Merit list ranks during admissions) can avail hostel at Churchgate, 10 mins walking distance from Jamnalal Bajaj Institute of Management Studies.
  • The fees in a hostel are Rs. 15,000 for two years (only for residing).
  • I am a hostility. We eat food in a hostel, college canteen and some other canteens nearby.
  • The rates are very affordable.
  • Living expenses near college is extremely high. So outstation people stay at Charni Road, Grant Road, Colaba, Dadar by paying around Rs. 8,000 per month for one person.
  • The classroom is okay. We have the biggest library resource in Asia. The college is equipped with WiFi
Academics & Faculty:
  • The daily routine in Jamnalal Bajaj Institute of Management Studies is very very hectic.
  • Most of our faculty members are from the industry.
  • Class timings are from 10:30 am - 11:00 pm.
  • The stuff that they teach can hardly be found in books. Their methodology is completely different, practical based on industry experience.
  • Moreover, all the corporate competitions of top corporates open for us and we also devote a lot of time in doing those case study competitions.
Fees and Scholarship:
  • Course Fee is Rs. 1 lakh per annum for General category.
  • Need-based scholarship available from the batch of 1990.
  • Top 10 rankers are also nominated for the OP Jindal scholarship.
  • Any bank will disburse loan for JBIMS. In fact, SBI gives out scholar loans at a low-interest rate.
Placements & Internships:
  • I interned with HSBC in the Retail Banking and Wealth Management division. My stipend was Rs.75,000 per month.
  • Key companies visited Jamnalal Bajaj Institute of Management Studies for placements like:-

Consulting-Mckinsey, Accenture, BCG.

Sales and Marketing-HUL, ITC,Marico, NIVEA, Danone, Vodafone, Abbott, Redbull, Medtronic, J&J, Sun Pharma, Boston Scientific, Maruti Suzuki, Arvind Brands.

BFSI-Bank of America, JPMC, Goldman Sachs, HSBC, CITI, Stan C, Nomura, ICICI, DBS, Yes Bank, Kotak Mahindra, HDFC, Avendus Capital, Barclays.

General Management-Mahindra&Mahindra, JSW, Future Group.

IT-TCS, IBM, Hexaware, P&G, HUL, NIVEA, Danone also hired for Corporate finance roles. TATA Motors and TATA Steel offered multiple roles. 

  • Average stipend is around Rs. 1.25 lakhs for two months. Average final package is around Rs. 18 lakhs per annum.
  • We achieve 100% placement every year.
  • Last year highest stipend was Rs. 4.5 lakhs for two months. Highest final placement package was Rs. 27 lakhs per annum.
  • Distinguished alumni are Chanda Kochhar, Noshir Kaka, Ajay Pirama, Uday Kotak, Sanjay Lalbhai, Sam Balsara, Vinita Nitin Paranjpe, Harish Manwani, Siddharth Roy Kapoor, Mani Ratnam.
  • There are many divisional CXOs in companies like HSBC, CITI, CEAT, ICICI, Morgan Stanley, Dabur etc who are our alumni.
Admissions:
  • Eligibility criteria for joining the Jamnalal Bajaj Institute of Management Studies, [JBIMS] Mumbai is clearing the MHT CET and CAT scores were considered.
  • Around 1700 people were shortlisted and finally 120 were selected through a process of Essay writing, Group Discussion and Personal Interviews.
  • The cutoff for CAT is around 90 percentile but the people who make it to the course are usually the ones who score more than 98 percentile.
  • For CET the cutoffs are even higher.
MBA/PGDM, batch of 2017
29 Apr 2016 Rating :
College Infrastructure:
  • JBIMS is strategically situated in the commercial capital of India - Mumbai.
  • It does not have a campus and this is it's only disadvantage.
  • Hostel facility is available for boys in Churchgate itself, however, there are limited seats (20 hostel seats approx.) available.
  • Most of the students who don't reside in Mumbai live in PG's and pay approximately Rs. 10.000 as rent.
  • Canteen food is delicious and is available at nominal rates. 
  • Library and Wi-Fi are also available for the students.
Placements & Internships:

Thanks to its strong alumni base (Ms. Chanda Kochchar, Mr. Uday Kotak, Mr. Harish Manwani, Ms. Vinita Bali, Mr. Siddharth Roy Kapur, and the list is endless) and brand name, JBIMS is popularly known as 'the CEO churning factory'. The summer internships and placements in JBIMS is phenomenal and within few days all its students get placed with high earning stipend and salaries. One of the best part is that JBIMS intakes only 120 students every year and its students gain good placements in all business sectors - Finance, Marketing, Operations, HR, Consulting, General Management - and many companies have long term collaboration with JBIMS and have been visiting its campus since years. This year there were few startups that also offered interesting profiles to its students. The list of these companies can be accessed from the official JB website.

JBIMS Placement figures:

Annual salary = Rs. 17.42 lakh per annum

Median salary = Rs. 15.5 lakh per annum

Highest salary = Rs. 35 lakh per annum

Fees and Scholarship:
  • JBIMS is one of the few MBA colleges that can boast of an excellent ROI as it annual fees cost meagre Rs. 1 lakh per year.
  • So, one can easily complete full time MBA within Rs. 2 lakhs.
  • Scholarship options are available for students that fall under reserved category or those who fall under economically backward caste. 
Academics & Faculty:

JBIMS is one of the Ivy league MBA institutes in India and it is rightly known for its esteemed and experienced lists of professors that range from industrial stalwarts to successful entrepreneurs. Academics at JBIMS comprises of a perfect blend of theoretical and practical studies and here the professors imbibe students with practical management knowledge and case studies. Application-based study is preferred by most of professors teaching here.

Being a full-time MBA student in JBIMS student, one is always kept 'on the go' what with last-minute the lectures being scheduled! As JBIMS consists of mostly external faculty, expect the weekends to be very hectic! However, all these weekend lectures are worth it as one gets to learn and gain knowledge from industrial stalwarts like Prof. Boman Moradian, Prof. Manekar, Prof. Bhattacharjee, Prof. J.K. Kapoor, and the list seems endless. The lecture timings can range from 1 hour to 6 hours at a stretch depending on the professor teaching the subject.

Another USP of JBIMS is that its guest lectures which are held regularly so that the students get exposed to real-time management examples and scenarios. Personally, I found these lectures really helpful as it helped my broaden my horizons and we also get to interact with JBIMS alumni during these lectures via doubt sessions. There are approximately 2 to 3 guest lectures held every month and they cover all domains - finance, marketing, operations, HR, etc.

 

 

 

 

Pranita MBA/PGDM, batch of 2016
13 Jan 2016 Rating :
Fees and Scholarship:
  • The course fee is Rs 1 lakh on an average per year (Can vary for PIO/NRI/ category students).
  • There are number of scholarships available for students in each year depending on your performance. 
Harshita BBA, batch of 2018
18 Nov 2015 Rating :
College Infrastructure:
  • Hostel facilities are not provided to the students at Jamnalal Bajaj Institute of Management Studies
  • The quality of food is good on campus
Placements & Internships:
  • Alumni network is very effective at Jamnalal Bajaj Institute of Management Studies
Fees and Scholarship:
  • The course fee is Rs. 55000 per annum at Jamnalal Bajaj Institute of Management Studies
  • Scholarship options are not provided to the students
Academics & Faculty:
  • The quality and method of teaching are good at Jamnalal Bajaj Institute of Management Studies
  • Overall experience on campus is good
MBA/PGDM, batch of 2016
30 Aug 2015 Rating :
Placements & Internships: JBIMS,with its legacy and alumni network,provides one of the best internships and placements in the country.Many sought after profiles come to the college
Fees and Scholarship: JBIMS,has one of the lowest fees in India and the world,probably.The college also provides scholarships through various programs
International Exposure: JBIMS,having the philosophy of being grounded to Indian roots,does not provide any international programs,though there are a few internation faculties in the college
Academics & Faculty: An institution with 50 years legacy,known for its alumni who hold guards for leading banks ,Consulting firms and FMCG companies.JBIMS,located in the banking district of Mumbai,is rightly regarded as the 'CEO factory'