· Government Institute · Estd. 1965
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Master in Management Studies (MMS)
Flagship Programme
₹₹ 6L - 7L
Tuition Fees
₹ 14.8L - 27.6L
Median Salary
Overview About Highlights Programmes Fees Placements Cutoff Compare Scholarships Faculty Alumni Reviews FAQs Contact

Jamnalal Bajaj Institute of Management Studies -[JBIMS] Overview

A complete guide to Jamnalal Bajaj Institute of Management Studies -[JBIMS] — highlights, programmes, admissions, fees, placements and more.

1Highlights 2Popular Programmes 3Courses & Fees 4Placements 5Cutoff 6Compare Colleges 7Scholarships 8Faculty 9Alumni 10Student Reviews 11FAQs

About Jamnalal Bajaj Institute of Management Studies -[JBIMS]

New Updates

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.

Latest News & Articles

Dec 17, 2025
According to recent surveys and CAP round trends, JBIMS Mumbai continues to be among the most preferred B-schools for MBA aspirants in Maharashtra, especially those appearing in the MAH MBA CET. With its legacy status, strong ROI, and Mumbai location advantage, the institute remains at the forefront of MBA choices, appealing to students seeking leadership and finance-oriented careers.
Dec 17, 2025
Admission to the flagship MMS program at JBIMS for the 2025–26 academic year continues to be highly competitive, primarily through the MAH MBA CET and subsequent Centralised Admission Process (CAP) rounds conducted by DTE Maharashtra. With expected cut-offs in the elite percentile range and limited seats, aspirants are advised to aim for high CET scores and stay updated on CAP schedules for best chances of securing admission.
Dec 17, 2025
JBIMS Mumbai recently released its Final Placement results for the 2023–25 batch, reporting a strong industry response with more than 65 recruiters participating and a stable average package of around ₹26.4 LPA. The highest packages offered crossed ₹55 LPA, and a range of roles were provided across consulting, BFSI, technology, and general management domains, highlighting JBIMS’s continued appeal to top firms in the corporate sector.

Jamnalal Bajaj Institute of Management Studies -[JBIMS] Highlights 2026

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.

 

Jamnalal Bajaj Institute of Management Studies -[JBIMS] Popular Programmes 2026

Jamnalal Bajaj Institute of Management Studies (JBIMS) in Mumbai offers several popular programs that cater to a wide range of management specializations. Here are some of the key programs:

1. Master in Management Studies (MMS)

  • Duration: 2 years, full-time
  • Specializations: Finance, Marketing, Operations, HR, and Systems
  • Overview: JBIMS is widely recognized for its flagship MMS program, equivalent to an MBA, offering in-depth knowledge and practical skills across various management domains.
  • Intake: 150–160 students, with most seats reserved for Maharashtra domicile candidates.

2. MSc in Finance

  • Duration: 2 years, full-time
  • Overview: This program is designed for students with a strong interest in finance and banking. It covers areas such as investment banking, financial management, and global markets, preparing graduates for specialized finance roles.

3. Master in Human Resource Development (MHRD)

  • Duration: 2 years, full-time
  • Overview: The MHRD program focuses on human resource management, talent acquisition, labor relations, and organizational behavior, aimed at students interested in HR careers in corporate settings.

4. PhD in Management Studies

  • Duration: Varies
  • Overview: JBIMS also offers doctoral programs for research-oriented students, focusing on management and related disciplines. This program is ideal for those interested in academic or advanced consulting careers.

5. Executive Programs and Part-Time Courses

  • Duration: Varies
  • Overview: JBIMS offers part-time MBA-equivalent courses, such as Master in Marketing Management (MMM), Master in Financial Management (MFM), Master in Human Resource Development Management (MHRDM), and Master in Information Management (MIM), tailored for working professionals seeking to enhance their skills without committing to a full-time program.

Key Highlights

  • Admissions: Entrance-based, through exams like MH-CET, CAT, and CMAT.
  • Placement: Strong placement record with top recruiters, offering high ROI for graduates.

These programs make JBIMS a popular choice among students seeking quality education in management with a strong placement track.

 

Courses & Fees 2026

JBIMS offers a total of 8 programs across various fields, providing students with a range of options in management education. Below is a table outlining the eligibility criteria and tuition fees for each course at JBIMS.

 
 

ProgrammeCoursesTuition FeesExams Accepted
Master in Management Studies (MMS) 0 ₹ 6L - 7L MH-CET
MSc 0 — CAT, MAH CET, UPSC

Placements 2026

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.

 

CourseMedian Salary
Master in Management Studies (MMS)₹ 14.8L - 27.6L
MSc₹ 21L

Top Recruiters

Aditya Birla Capital McKinsey Deloitte HDFC Bank
Complete Placement Report

Jamnalal Bajaj Institute of Management Studies -[JBIMS] Cutoff 2026

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:

 

CET Cutoff 2025

SectionYearCutoff
Master of Management Studies (MMS)202599.99
Master of Management Studies (MMS)202499.99
Master of Management Studies (MMS)202399.99
Master of Management Studies (MMS)202299.98

Jamnalal Bajaj Institute of Management Studies -[JBIMS] vs Other Colleges

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Jamnalal Bajaj Institute of Management Studies -[JBIMS] Scholarships 2026

The "JBIMS 1981 Annual Memorial Awards" were established in 2006 during the silver jubilee of JBIMS’s class of 1981. The concept was initiated by Mr. Gopal Rajgopalan, Mr. Ashwini Malhotra, and Mr. Ashok Saraf. The untimely passing of two classmates from the 1981 batch inspired the creation of the Sabeena Bakshi Award and the Ram Mohan Menon Award to honor their memory and to recognize academic excellence among first-year Master in Management Studies students.

Following the passing of Mr. Gopal Rajgopalan, the batch instituted a third award, the Gopal Rajgopalan Award for Distinction in Finance and Entrepreneurship, to commemorate his legacy.

Subsequently, with the loss of three more beloved members—Mr. John Samuel, Mr. Uday Kulkarni, and Mr. Sudhir Yadav—the awards were collectively renamed as the JBIMS 1981 Annual Memorial Awards. Each award includes a plaque and a cash prize, funded by returns from a corpus built through donations from the 1981 batch and other supporters.

About the Smt Jyoti Dwivedi Memorial Scholarship Awards

The prestigious Smt Jyoti Dwivedi Memorial Scholarship Awards are offered annually to students of Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai. Established in 2019 by Mr. Nimish Dwivedi in honor of his late mother, the scholarship commemorates her strong belief in higher education, as she was one of the first women to graduate from her hometown in Gujarat in the 1960s. This scholarship supports academically bright students facing financial challenges, providing two deserving recipients with a core grant of INR 100,000 each towards their tuition fees. In the latest edition, two additional ad hoc grants of INR 50,000 each were awarded, supporting a total of four students in pursuing their education and aspirations.

 

Jamnalal Bajaj Institute of Management Studies -[JBIMS] Faculty

Dr. Balkrishna R. Parab
Dr. Balkrishna R. Parab
Dr. Kavita R Laghate
Dr. Kavita R Laghate
Dr. Srinivasan R. Iyengar
Dr. Srinivasan R. Iyengar
Dr. Shajratul Dur Khan
Dr. Shajratul Dur Khan

Notable Alumni

Ajay Piramal
Ajay Piramal
Sam Balsara
Sam Balsara
Vinita Bali
Vinita Bali
Chanda Kochhar
Chanda Kochhar
Nitin Paranjape
Nitin Paranjape
Ram Raghavan
Ram Raghavan

Student Reviews

4.3
★ ★ ★ ★ ★
Based on 4 reviews
Anindya Maiti
★ ★ ★ ★ ☆
Prashant Hari Boyale
★ ★ ★ ★ ☆
ALAN V JAISON
★ ★ ★ ★ ★
Tarang
★ ★ ★ ★ ☆

Jamnalal Bajaj Institute of Management Studies -[JBIMS] FAQs

What is the admission process for the MMS program at JBIMS?+
Admission to the MMS program is through the Maharashtra Common Entrance Test (MAH CET) or CAT scores, followed by a Group Discussion (GD) and Personal Interview (PI) for shortlisted candidates.
What is the minimum CET or CAT percentile required for admission?+
While there is no fixed cutoff, candidates typically need to achieve a CET score of around 95+ or a CAT percentile of 90+ to be considered for the selection process, although this can vary each year.
Does JBIMS offer scholarships or financial aid?+
Yes, JBIMS offers various scholarships based on merit and need, including government scholarships for students from economically weaker sections.
What is the intake for the MMS program?+
JBIMS typically admits around 120-150 students for its MMS program each year, although the exact number may vary based on the academic year.
What is the placement record at JBIMS?+
JBIMS has a strong placement record, with various reputed companies from diverse sectors participating in recruitment. The average salary for graduates is competitive, often among the top in the country.
Does JBIMS accept international students?+
Yes, JBIMS accepts applications from international students, who can apply using GMAT scores. The admission process for international candidates is similar to that for domestic applicants.
What is the fee structure for the MMS program?+
The fee for the two-year MMS program at JBIMS is approximately INR 6-8 lakhs, which includes tuition, library access, and other related expenses.
What is unique about JBIMS's pedagogy?+
JBIMS employs a mix of teaching methodologies, including case studies, simulations, and experiential learning, focusing on developing critical thinking, leadership, and analytical skills among students.
What are the campus facilities at JBIMS?+
The JBIMS campus is equipped with modern facilities, including classrooms, a well-stocked library, computer labs, and recreational areas. The institute promotes a collaborative and interactive learning environment.
What extracurricular activities are available at JBIMS?+
JBIMS encourages students to participate in various extracurricular activities, including cultural events, sports, and student clubs. The institute has a vibrant campus life that promotes leadership and teamwork through various initiatives.

Contact Information

AddressJamnalal Bajaj Institute of Management Studies Kala Ghoda, Fort, Mumbai - 400001, Maharashtra, India
Mobile+91-22-2202-1110
Emailjbims@jbims.edu
WhatsApp
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