B-School Profile of Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

The Jamnalal Bajaj Institute of Management Studies (JBIMS) is a unique centre of management education because it is rooted in Indian soil and yet being able to reflect the Indian ethos. It is thus able to meet the challenges of the times with confidence and steer the confidence of young minds towards a new economic order. 

History of the institution 

Founded in 1965 by the University of Mumbai along with the Stanford Graduate School of Business, the Jamnalal Bajaj Institute of Management Studies was known as the University of Mumbai's Department of Management Studies. It is named after its founder, the famous philanthropist and industrialist, Jamnalal Bajaj.

List of full-time MBA programs offered

JBIMS offers one full-time MBA program: 

  • Masters in Management Studies

Masters in Management Studies

The Masters in Management Studies offered at the JBIMS is its flagship course. A two-year, full-time post-graduate MBA course, it was started in 1965 and since then, has been updated periodically to match the needs of the corporate world. This has helped nurture prominent leaders. In the second year of this program, specializations are offered, such as: Finance, Marketing, Operations, Systems and Personnel.

Eligibility: To apply, candidates must necessarily be graduates in any discipline with at least 50% aggregate marks or equivalent CGPA or 45% for backward class candidates and those with disabilities belonging to Maharashtra State. Candidates due to appear for the final year bachelor's degree examination or equivalent qualification examination and those who are awaiting the results of their third year bachelor's degree examination are also eligible to apply. Such candidates should have secured a minimum of 50% marks or equivalent in their most recent examination. The batch size is 137 students, which is approved by the All India Council for Technical Education (AICTE).

Candidates who have appeared for MAH-MBA/MMS-CET 2018/CAT 2017/GMAT/CMAT 2018 /MAT 2018/XAT 2018/ATMA are eligible for admission into the All India Seats subject to honouring all other eligibility criteria.

Selection procedure: This year (2018), JBIMS makes a departure when it comes to the admission procedure. 

This year (2018), JBIMS makes a departure when it comes to the admission procedure. For the MMS program, admissions will be done through the Centralised Admission Process (CAP), Directorate of Technical Education (DTE), Government of Maharashtra. DTE will also determine allotment of seats through CAP 2018. Based on the percentile of normalized scores of entrance exams, the seats will be allocated by DTE on merit in the CAP rounds. 

Admission Criteria: Apart from the candidates' performance in the written exam, students will also be tested on their overall personality, including extra-curricular activities and other notable achievements. Work experience will also be given due weight. However, a student with good credentials can also be taken in. 

For Maharashtra State candidates, scores of MAHCET 2018 will be accepted while for All India candidates, scores of MAHCET 2018, CAT 2017 and CMAT 2018 will be considered. 

For the final admissions, five CAP rounds will be conducted. If students are allotted seats in JBIMS, they should immediately report at the designated ARC to reserve their seats or it might be lost to another candidate. 

For any further information, students may contact:

The Registrar

Jamnalal Bajaj Institute of Management Studies (JBIMS) 

164, Backbay Reclamation

H.T. Parekh Marg,

Churchgate, Mumbai

Maharashtra 400020

Phone: 022 2202 4133

Website: http://jbims.edu/

Tuition fees 

The tuition fees for the Masters in Management Studies full-time course is as follows:

General category               : 6,00,000

SC/ST/PWD:                       : ₹ 1,07,420

Foreign National/NRI        : ₹ 12,00,000

Foreign Students

Foreign students are taken into the program based on their relevant documents and their performance in the GMAT examination and the written ability test. Interviews will be conducted over Skype. Foreign students will be admitted into this course based on their scores secured in their past academic record, extra-curricular achievements and personal assessment test. 

Admission Cycle

For details of the admission cycle of foreign students at this institute, download the brochure from the official website of JBIMS (http://jbims.edu). 

Selection criteria and Admission process: Eligible candidates to this course should first check their eligibility criteria before applying for the exam. If eligible, they should fill out the application form, online or offline. Foreign candidates should be sure they are applying with a relevant and valid GMAT score. 

Eligible candidates can either pay their application by the secure online payment gateway of the institute or by demand draft within the dates mentioned. 

Admit Card for the written exam:

Facilities provided

Campus: The college building being in the heart of Mumbai, the financial capital of India, JBIMS enjoys an edge over other colleges, as it attracts the attention of large corporate houses situated nearby who can be invited as guest faculty. However, the big disadvantage of this institute is that it doesn’t have a campus.  

Infrastructure: The quality of classrooms is above average. The entire campus is Wi-Fi enabled. Its library is very impressive with a collection of over 40,000 books. This makes it the largest library resource in all of Asia.

Hostel: No hostel facilities are available here. Students stay as paying guests or take rented apartments in nearby areas, spending about Rs. 9,000 per month. However, JBIMS provides hostels to outstation students based on merit. These hostels have various mod cons such as high-speed Wi-Fi, 24-hour water supply, air conditioning and a recreational room with a variety of indoor sports. 

Canteen: Food in the institute's canteen is decent and one can easily eat a good meal for Rs. 50. Apart from this, there are several options for food around the institute.  

Clubs: JBIMS has four clubs, operated by the students. Of these, the first is The Consulting Club which helps students secure job opportunities in Strategic Marketing and Consulting. All aspects of Finance are taken up by The Finance Club, a highly attended one. The Marketing Club is the institute's monthly online magazine. On this platform, students exchange their views and opinions on different aspects of Marketing. The supply chain and related aspects are given due importance at the Operations Club. 

Quality of faculty team: Not for nothing is JBIMS called the Ivy League of MBA institutes in India. After all, its faculty is rich with experienced, talented and esteemed individuals whose experience ranges from stalwarts of industry to successful entrepreneurs. Faculty here is a perfect blend of practical studies and theory. Students here can imbibe the best of practical management knowledge and case studies. Most faculty here usually prefers application-based study

Students here are kept on their toes with faculty announcing last-minute guest lectures and in-house lectures. This gives students a 360 degrees vision of management using real-time management scenarios and examples. Students are particularly enriched by such interactions as they are horizon-broadening experiences. 

Tie-ups with other foreign institutions

Since this institute is rooted in the Indian ethos, it does not have any tie-ups with foreign institutions.

Placement facility provided: Recruiters from BFSI and Consulting sectors have always shown a marked liking for JBIMS and have hired many of its students. Each year, the average salary package goes up slightly, this year from Rs. 18.76 LPA from Rs. 18.91 LPA in 2017.  In 2018, an impressive 69 companies recruited students from various streams, thereby enriching the name of the institution as a "CEO churning factory."

The verdict

Despite being rooted in the Indian ethos, this institute has made waves across all sectors in India.