A complete guide to Jamnalal Bajaj Institute of Management Studies -[JBIMS] — highlights, programmes, admissions, fees, placements and more.
The Institute was founded in 1965 by the University of Mumbai. JBIMS has been a pioneer in management education. JBIMS is consistently ranked among the top 10 premier B-schools in the country with a legacy spanning over the past 52 years. India’s first full time 2-year master's in management studies (MMS) was started in JBIMS under the stewardship of the late Dr. K. S. Basu. Being one of the oldest B-schools in India, JBIMS has cemented its reputation as the preferred campus for the country’s most prestigious organizations. The Institute has full-time faculty in the core management disciplines and the functional areas of management. The Institute also has a panel of eminent management experts and senior practicing managers from diverse fields of management. JBIMS offers full-time and part-time programmed in management.
Jamnalal Bajaj Institute of Management Studies (JBIMS) in Mumbai is ranked among the top government B-schools in India, holding the 10th position in the Outlook ICARE Ranking 2025 and the 6th position in the IIRF Ranking 2025. Established in 1965 by the University of Mumbai and accredited by the All-India Council for Technical Education (AICTE), JBIMS is one of India’s oldest management institutes with over 52 years of legacy.
As the first institution in India to offer a full-time, 2-year master's in management studies (MMS), JBIMS has an intake of around 150–160 students for this program, with a significant number of seats reserved for Maharashtra domicile candidates. The institute provides a range of undergraduate, postgraduate, and PhD programs across various specializations, including Management and Human Resources.
While JBIMS does not offer a traditional MBA program, it provides equivalent courses in management fields, such as MMS, MSc Finance, and MHRD. Admissions are primarily entrance-based, accepting national exams like MH-CET and CAT. The MAHCET cutoff is expected to be around the 99.88–99.90 percentile, while the CAT and CMAT cutoffs are projected at approximately the 99.99 percentile. Known for its affordable fees, JBIMS offers an impressive return on investment (ROI) of around 459.3%.
Located in Mumbai, JBIMS provides robust placement support. Top recruiters, including American Express, HDFC Bank, and Deloitte, visit the campus for placements. In 2025, the highest package offered was INR 87.12 LPA, and the average package was INR 26 LPA.
| Programme | Courses | Tuition Fees | Exams Accepted |
|---|---|---|---|
| Master in Management Studies (MMS) | 0 | ₹ 6L - 7L | MH-CET |
| MSc | 0 | — | CAT, MAH CET, UPSC |
Admissions for JBIMS Mumbai in 2025 are now open, offering a range of postgraduate and doctoral programs. The flagship program, the master's in management studies (MMS), is a full-time, two-year course. JBIMS offers several other courses, including MMS, MSc Finance, MHRD, a part-time MBA (tailored for working professionals), and PhD programs. For JBIMS admissions in 2025, candidates must qualify through exams such as MAHCET, CMAT, or CAT. Based on entrance exam results, candidates are shortlisted for a personal interview and assessment round. Final selection is conducted through separate merit lists for Maharashtra State and All-India candidates.
To apply for JBIMS in 2025, candidates should visit the official JBIMS website and complete the application online. The process involves registering on the portal, filling out the application form, paying the application fee, submitting the form, and participating in the selection rounds conducted by JBIMS. Shortlisted candidates can then pay the admission fee to confirm their seat.
For the part-time MMS program, applicants are required to pay an application fee of INR 1,200. Additionally, the MAH CET application fee must be paid online during registration, with no other payment methods accepted. The MAH CET fees for various categories are as follows:
Category MAH MBA CET 2025 Fees Open Category candidates from Maharashtra State, Outside Maharashtra State (OMS), and J&K Migrant candidates INR 1,000 Backward Class categories (SC, ST, VJ/DT- NT(A), NT(B), NT(C), NT(D), OBC, SBC, SEBC) and Persons with Disabilities from Maharashtra State only INR 800
During the 2024 MMS placements at JBIMS, the highest package offered was INR 87.12 LPA, while the average package was INR 26.12 LPA. The median package reached INR 26.4 LPA, with a 100% placement rate for MMS students. The BFSI and Investment Banking sector led recruitment, accounting for 49% of the total offers.
For the MSc Finance placements in 2024, the highest package offered was INR 30 LPA, and the average package was INR 18 LPA.
In the MMS summer placements for the 2023-25 batch, the highest stipend was INR 4.5 lakh, with an average stipend of INR 2.27 lakh. Over 50 recruiters participated, including 13 new recruiters. For the MSc Finance batch of 2023-25, the highest and average summer placement stipends were INR 2.4 lakh and INR 0.81 lakh, respectively.
| Course | Median Salary |
|---|---|
| Master in Management Studies (MMS) | ₹ 14.8L - 27.6L |
| MSc | ₹ 21L |
The JBIMS MAH MBA CET Cutoff for 2025 admissions has been finalized after three rounds. In the final round of seat allotment, the MBA cutoff score was 99.99. The closing cutoff scores for the first and last rounds for students under the General AI quota are as follows:
| Section | Year | Cutoff |
|---|---|---|
| Master of Management Studies (MMS) | 2025 | 99.99 |
| Master of Management Studies (MMS) | 2024 | 99.99 |
| Master of Management Studies (MMS) | 2023 | 99.99 |
| Master of Management Studies (MMS) | 2022 | 99.98 |
JBIMS is recognized as one of India's leading universities, consistently securing top positions in various rankings. In the Outlook-ICARE Ranking 2025, the institute achieved the 6th rank in the 'MBA (Government)' category, highlighting its strong academic reputation. This marks the second consecutive year that JBIMS has been ranked among the top 10 in this category.
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The infrastructure at Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai, is modern and well-maintained, with various amenities including a medical center, post office, and bank. The campus is also conveniently connected to the city through public transportation. Key facilities at JBIMS Mumbai include:
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