Jamnalal Bajaj Institute of Management (JBIMS) is one of the oldest B-schools in India with a legacy of over 52 years. JBIMS was established in 1965 by the University of Mumbai. JBIMS has been consistently ranked among the top 10 premier B-Schools in India. JBIMS was ranked 10th by Outlook ICARE Ranking 2024 among the public B-Schools in India. JBIMS 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, where the majority of the seats are reserved for Maharashtra domicile candidates.
JBIMS MMS admission is based on the CMAT/ CAT/ MAH-MBA CET scores, followed by a Common Admission Process (CAP), conducted by DTE, Maharashtra. JBIMS CMAT cut-off 2024 is 99.99 percentile and MAH-MBA CET cutoff is 99.29 – 99.94 percentile.
JBIMS is known for its low fees and its distinguished alumni base. JBIMS MBA fees are INR 6.10 lakhs whereas the JBIMS average package stood at INR 27 LPA and JBIMS highest package stood at INR 87.12 LPA in the 2024 placement drive.
JBIMS Highlights
- JBIMS Ranking 2024: The institute has been ranked among the top government B-Schools in India with 10th rank in Outlook ICARE Ranking 2024 and 19th rank in IIRF Ranking 2024.
- JBIMS Cutoff: The MAHCET cutoff of JBIMS is around 99.29 – 99.94 percentile for CAP Round-I. JBIMS CAT cutoff and the CMAT cutoff is 99.99 percentile.
- JBIMS MBA Fees: JBIMS is known for its affordability and thus the MBA fees charged by the institute is INR 3.05 Lakhs per annum.
- JBIMS ROI: The institute is known for its low fees and its commendable ROI which is around 459.3%.
- JBIMS Placements 2024: The highest package stood at INR 87.12 LPA and the average package at INR 27 LPA.
JBIMS Fees 2024
JBIMS fees for the MBA program are INR 3.05 Lakhs per annum. The following table represents the fees of all the courses offered by JBIMS:
| Courses |
Fees |
| MMS |
INR 3.05 Lakhs per annum |
| MSc Finance |
INR 3 Lakhs per annum |
| MHRD |
INR 3.50 Lakhs per annum |
| Ph.D. |
INR 17,680 (First Year) and INR 15,355 (from Second Year onwards) |
JBIMS Courses
JBIMS offers 5 courses, MMS, Part-time MMS, MSc Finance, MHRD, and Ph.D. The highlights of the major courses offered by the institute are mentioned below:
| Courses |
Intake |
Eligibility |
Selection Criteria |
| MMS |
150 - 160 |
Bachelor’s degree + MAH-MBA CET/ CMAT/ CAT |
Entrance Exam Score + CAP |
| MHRD |
30 |
Bachelor’s degree with 50% marks and 60% in 10th & 12th each + MAH CET/ CAT |
Group Activity + Personal Interview + Written Ability Test |
| MSc Finance |
40 |
Graduation with Mathematics as one of the subjects and 60% in 10th & 12th each + MAH-CET/ CAT |
CET & Profile Based Screening + WAT + GD + PI |
| Part-time MMS |
MMS-IM: 60
MMS-FM: 120
MMS-MM: 120
MMS-HRDM: 60
|
Graduation and 2 years of work experience. |
Mock Test + Common Entrance Test + Group Discussion |
| PhD |
40 |
Master’s degree + PET/ NET/ SET/ JRF |
Entrance Exam Score + Personal Interview |
JBIMS Admission
Admission into the JBIMS MMS program is based on the entrance exam like MAH-MBA CET/ CMAT/ CAT and the selection is done through a Common Admission Process (CAP).
- Entrance Examination: JBIMS accepts MAH-CET exams for Maharashtra candidates and the majority of the seats are allotted through this exam. For candidates other than Maharashtra state, they can apply through their CMAT or CAT scores.
- Cutoff: The MAHCET cutoff is expected to be 99.99 percentile for CMAT/ CAT and 99.29 – 99.94 for state-level seats.
The admission process for the MMS program has been explained below:
| Admission Stage |
Description |
Tentative Timeline |
| Application Form |
The candidates should complete the application form by visiting the institute's official website. |
Dec 26, 2024 – Jan 25, 2025 |
| Entrance Exam |
The candidates will have to clear the MAH-MBA CET examination. |
March 09 – 11, 2025 |
| Selection Process |
The candidates will be selected through the Common Admission Process (CAP), which is held in July by the DTE Maharashtra. |
May 2025 |
| Result |
The merit list of the selected candidates will be released and the provisional admission offer will be sent to the selected students. Separate merit lists will be produced for JBIMS Mumbai admission under the MAH and All-India categories. |
June 2025 |
JBIMS Ranking 2024
JBIMS has been ranked 19th by IIRF 2024 and 10th by Outlook Ranking 2024, among the top Government B-Schools in India. The ranking of JBIMS is mentioned in the table below:
| Ranking Body |
Year |
Category |
Rank |
| IIRF |
2024 |
Top Govt. B-School |
19 |
| Outlook ICARE Ranking |
2024 |
Top Govt. B-School |
10 |
The table below shows the experience of the MMS batch 2022-24:
| Months of Experience |
Percentage of Students |
| Freshers |
35% |
| 1 – 12 Months |
20% |
| 13 – 24 Months |
26% |
| 25 – 36 Months |
10% |
| 36+ Months |
9% |
- Around 35% of the batch had freshers and the rest 65% of the students had some prior work experience.
- The average work experience of the students was 12 months but the majority of the students had 13 – 24 months of experience.
- The majority of the students had prior work experience in sectors like IT & E-commerce and Manufacturing & Conglomerates.
JBIMS Scholarships
JBIMS scholarship details are as follows:
| Scholarship Name |
Details |
Amount |
| Smt Jyoti Dwivedi Memorial Scholarship Awards |
Offered to 4 meritorious students who are facing financial difficulties during their studies. |
2 students receive a core grant of INR 1,00,000 each towards the education fees.
An additional ad hoc grant worth INR 50,000 each is given to 2 more students.
|
These grants are given to bright students who face financial difficulties during their studies. The scholarship provides two deserving students with a core grant of Rs. 100,000 each towards their education fees. Additionally, in this edition, two additional ad hoc grants worth Rs 50,000 each were given thereby enabling four deserving students to fund their education and their dreams.
Conclusion
JBIMS stands as one of the premier B-Schools in India, offering exceptional management education with affordable fees, stellar placement records, and a rich legacy. Its low cost, high ROI, and excellent alumni network make it a top choice for aspiring management professionals. With high placement packages and numerous scholarships, JBIMS remains a preferred institute for students seeking quality education in management studies.
