Jamnalal Bajaj Institute of Management, also known as JBIMS, is a private B-School, inaugurated in 1965 and affiliated with the University of Mumbai. The institute has been ranked 16th under MBA by Collegedunia in 2025, and ranked 6th under MBA by IIRF in 2025
JBIMS Mumbai offers various courses at the PG and Ph.D levels with M.Sc. Finance being its flagship course. Admission to M.Sc. Finance is based on MAHCET/CAT entrance exams, profile screening, and candidates have to undergo a written ability test, Group Discussion, and a Personal Interview.
The minimum eligibility criteria for admission to the JBIMS M.Sc. course is that the candidates must have completed their 10th and 12th with a minimum of 60% marks and Mathematics as a compulsory subject in their graduation.
As per the placement report of 2025 released by the institute, the highest package stood at INR 28 LPA offered for M.Sc Finance, and the average package stood at INR 18.3 LPA in academic session 2023-25. 20% of the batch secured roles in the Fintech/NBFC sectors. Prominent recruiters at JBIMS include MUFG, TATA, Wipro, FEDBANK, Induslnd Bank, ICICI Bank, Muthoot Finance, and many more.
JBIMS Important Dates 2026
Jamnalal Bajaj Institute of Management offers admission to its various courses based on the scores in MAHCET and CAT, followed by WAT, GD, and a personal interview, depending on the course. The institute sends call letters to candidates who have secured valid scores in entrance exams. Important dates regarding the admission process at JBIMS Mumbai are tabulated below-
Events | Dates |
---|---|
CAT Exam Date | Nov 30, 2025 |
CAT Admit Card | Nov 05, 2025 |
JBIMS Application Form Release | December 2025 (Tentative) |
JBIMS Rankings 2025
JBIMS Mumbai MBA programs have been ranked among the top management institutions by prominent institutions. JBIMS Rankings by several institutions are tabulated below-
Agency | Category | Ranking 2025 | Ranking 2024 |
---|---|---|---|
IIRF | MBA | 6 | 44 |
Collegedunia | MBA | 16 | NA |
India Today | MBA | NA | 20 |
Outlook | MBA | 10 | 10 |
JBIMS Courses & Fees 2026
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai, offers various management programs catering to fresh graduates, working professionals, and research scholars. These include 2-year MMS, 2-year M.Sc. Finance, MHRD, 3-year Part-Time MMS, and doctoral Ph.D. programs. JBIMS Courses & Fees are tabulated below.
Course | First Year Fee | Eligibility Criteria | Selection Criteria |
---|---|---|---|
MMS | INR 6.01 Lakhs | Bachelor’s degree with a minimum of 50% marks | MAH-MBA CET + CAP by DTE Maharastra |
M.Sc. Finance | INR 3 Lakhs | Bachelor’s degree with a minimum of 50%; Math in UG or Class 12; 60% in 10th & 12th |
CAT / MAH-CET + Academic Profile + GD- PI-WAT |
MHRD | INR 3.5 Lakhs | Bachelor’s degree with 50% marks; 60% in Class 10 & 12 |
MAH-CET / CAT + GD- PI-WAT |
Part-time MBA | INR 63,075 | Graduate in any discipline, Minimum of 2 years work experience/self-employed | Common Entrance Test + Group Discussion |
Ph.D. | INR 17,680 | Postgraduate degree in management or related discipline | NET/SET/PET/GRF + Personal Interview |
See what Vishal from MMS (2023) has to say about the Fee and Financial Aid in JBIMS Mumbai. In his words, “Course fees are very less compared to other B-Schools today. There are multiple scholarship programs available to those who need financial assistance in order to complete their studies. Every opportunity is a great experience for us.” Read More> |
JBIMS Admission 2026
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai, offers admission to its various programs at postgraduate and doctoral levels through national-level or institute-level entrance exams, followed by further selection rounds. JBIMS Mumbai Admission details for each program are given below:
- Admission to the MMS program is strictly based on the MAH MBA CET exam. Candidates are shortlisted through the Centralized Admission Process (CAP) conducted by DTE.
- Admission to the M.Sc. Finance program is based on scores in MAH CET or CAT, followed by shortlisting based on Past Academic Record (PAR). The final selection includes an In-Person Assessment (IPA) comprising Group Activity, Personal Interview, and Written Ability Test.
- Admission to the MHRD program is through the MAH CET or CAT entrance test, followed by a Written Test, Group Discussion, Personal Interview, and Written Ability Test.
- Admission to the Part-Time MMS program is based on a Common Entrance Test conducted by JBIMS, followed by a Group Discussion. Candidates must have a minimum of 2 years of work experience in a relevant job profile or be self-employed.
- Admission to the Ph.D. program is based on national-level entrance exams such as NET, SET, PET, or GRF. Candidates without these scores must appear for the Research Aptitude Test (RAT) conducted by JBIMS, followed by a Personal Interview.
JBIMS Admission Process 2026
Admission to the M.Sc. Finance program at JBIMS is based on a multi-stage process including an entrance exam, academic record, and an in-person assessment. The process is as follows:
Step 1: Entrance Exam
The candidates must appear for MAH CET or CAT, or present a valid UPSC, and obtain the minimum percentile required. This forms the base for the Application Rating (AR).
Step 2: Shortlisting for In-Person Assessment
Candidates are shortlisted based on:
Component | Weightage |
---|---|
Entrance Exam (CAT/MH-CET/UPSC) | 60 |
Past Academic Record (10th, 12th, UG) | 15 |
Extra-curriculars / Work Experience | 20 |
Diversity Factor | 5 |
Total (Application Rating - AR) | 100 |
Step 3: In-Person Assessment (IPA)
Shortlisted candidates will be called for an In-Person Assessment (IPA) round, which includes the Written Ability Test, Group Discussion, and Personal Interview:
Component | Weightage |
---|---|
Group Activity (GA) | 20 |
Personal Interview (PI) | 60 |
Written Ability Test (WAT) | 20 |
Total (IPA) | 100 |
Final Total Score (TS) Calculation
The Total Score (TS) used for final admission is calculated as:
TS = 0.62(AR) + 0.14(IPA)
- The minimum Total Score (TS) required to be considered for admission:
- 50 for General Category
- 45 for Reserved Category
Admissions are finalized as per the seat allocation norms laid out by the Directorate of Technical Education (DTE), Maharashtra.
In the following video, Sumit explains the entrance exams and selection criteria for admission to JBIMS Mumbai.
JBIMS Cutoff 2026
JBIMS offers admission to M.Sc. Finance through the CAT and MHT-CET exams. From the JBIMS Cutoff in 2024, students get an idea of how much cutoff is required for admission to JBIMS.
Category | CAT Percentile | MH-CET Percentile |
---|---|---|
General | 95 | 97 |
Reserved | 75 | 90 |
PH | 75 | 85 |
JBIMS Batch Profile 2026
JBIMS has released its 2024-26 M.Sc Finance Batch profile, which consists of 42 students of 31 male students and 11 female students, with an average age of 24 years. More details about the overall batch profile for academic session 2024-26 below-
The majority of the students at the campus (39%) are freshers, followed by 26% students with more than 24 months of work experience, with students coming from BFSI (28%).
JBIMS Placement 2025
JBIMS released its 2025 final placement report for M.Sc. Finance program. For MMS and MHRD, the institute is yet to release its 2025 placement report. As per data released by the institute, the highest package stood at INR 28 LPA, and the average package stood at INR 18.83 LPA in 2025 for M.Sc. Finance program. Fintech/NBFC attracted the maximum offers this year, with 20% of the total offers, followed by Credit Ratings and Consulting. JBIMS Placement for M.Sc Finance batch 2023-25 and MMS (2024) is given below-
Metric | M.Sc Finance (2025) | MMS (2024) |
---|---|---|
Highest CTC | INR 28 LPA | INR 87.12 LPA |
Average CTC | INR 18.3 LPA | INR 26.12 LPA |
Median CTC | - | INR 26.40 LPA |
Top 10% Average CTC | INR 26.4 LPA | INR 32.89 LPA |
Top 25% Average CTC | INR 22.2 LPA | - |
Top 30% Average CTC | INR 29.30 LPA | |
Top 50% Average CTC | INR 20.2 LPA | - |
JBIMS Summer Internship Placement 2026
JBIMS Mumbai has released its 2024-26 batch summer internship placement report for the M.Sc Finance Program. While for MMS, the institute is yet to release its 2024-26 internship report. As per the 2023-25 batch summer internship report, the highest stipend offered for the MMS program was INR 4.50 Lakhs, and the average stipend was INR 2.27 Lakhs for two months.
JBIMS Summer Internship details for M.Sc (2024-26) and MMS (2023-25) are mentioned below.
Particulars | M.Sc (2024-26) | MMS (2023-25) |
---|---|---|
Highest CTC | INR 2.4 Lakhs | INR 4.50 Lakhs |
Top 10% Average | - | INR 4.14 Lakhs |
Top 25% Average | INR 1.4 Lakhs | - |
Top 30% Average | - | INR 3.58 Lakhs |
Mean CTC | INR 88k | INR 2.27 Lakhs |
Median CTC | - | INR 2.40 Lakhs |
Top sectors | - | BFSI (28%), FMCG & Pharma (21%) |
JBIMS Scholarships 2026
JBIMS Mumbai offers merit- and need-based scholarships based on the eligibility criteria. A few of the JBIMS scholarships are listed in the table below.
Scholarship Name | Amount | Eligibility |
---|---|---|
JBIMS 1981 Annual Memorial Awards | Cash award (from ROI on corpus fund) + Plaque | First-year MMS students showing academic excellence |
Smt Jyoti Dwivedi Memorial Scholarship | INR 1,00,000 each for 2 students + ad hoc INR 50,000 for 2 students (in some editions) | JBIMS students facing financial difficulties and demonstrating academic merit |
JBIMS Mumbai vs NMIMS Mumbai vs SPJIMR
Jamnalal Bajaj Institute of Management is often compared alongside other similarly ranked colleges like NMIMS, Mumbai, and SP Jain SPJIMR, Mumbai. In the table below, see a comparative analysis of these 3 institutes for their MBA programs:
Particulars | JBMS Mumbai | NMIMS Mumbai | SPJIMR |
---|---|---|---|
Established Year | 1965 | 1981 | 1981 |
NIRF Ranking 2024 (Management) | NA | 21 | 20 |
Flagship Course | M.Sc Finance | MBA | PGDM |
Flagship Course Fees (Total Fees) |
INR 7 Lakhs | INR 12 to 24 Lakhs | INR 22.5 Lakhs |
Flagship Program Admission Process |
CAT/MHT-CET + WAT-GD-PI | NMAT + WAT + Competency Assessment Test + Personal Interview | CAT / GMAT Scores + Academic Record + Work Experience + Profile (Versatility and Achievements) + 2 Interview Round |
Admission Cut-off | CAT- 96 Percentile | NMAT: 96 Percentile | CAT: 85 Percentile |
Highest Package (2025) | INR 28 LPA | INR 67.70 LPA | INR 89 LPA |
Average Package | INR 18.3 LPA | INR 25.13 LPA | INR 32 LPA |
JBIMS Mumbai Campus & Infrastructure
JBIMS is located in South Mumbai, giving students access to corporate hubs and better networking opportunities. It offers useful campus facilities for its students. It has spacious, air-conditioned classrooms with modern teaching tools.
The library is well-stocked with management books, journals, magazines, and digital resources. There are computer labs with high-speed internet and Wi-Fi available throughout the campus. Students can use seminar halls for guest lectures and presentations, and group discussion rooms for teamwork and study sessions. The campus also has a common area where students can relax, interact, and participate in informal activities.
Campus
JBIMS FAQs
Ques. Is JBIMS Mumbai a government or private institute?
Ans. JBIMS Mumbai is a private institute but is affiliated with the University of Mumbai. Despite being autonomous, JBIMS Mumbai functions under the university's academic framework.
Ques. What is the flagship course offered by JBIMS Mumbai?
Ans. The flagship course of JBIMS Mumbai is the M.Sc. Finance program, followed by MHRD and MMS programs. These programs are highly ranked among management aspirants.
Ques. Which entrance exams are accepted for admission at JBIMS Mumbai?
Ans. JBIMS Mumbai accepts scores from MAH MBA CET for MMS admission. For programs like MHRD and M.Sc. Finance, JBIMS conducts entrance exams such as the CAT and MHT-CET entrance exams.
Ques. What is the average placement package at JBIMS Mumbai for M.Sc. Finance?
Ans. JBIMS Mumbai recorded an average package of INR 18.3 Lakhs for its M.Sc. Finance 2025 batch. The highest salary offered was INR 28 Lakhs in 2025.
Ques. What scholarships are offered by JBIMS Mumbai?
Ans. JBIMS Mumbai offers merit- and need-based scholarships for eligible students. Some scholarships at JBIMS Mumbai include the 1981 Annual Memorial Awards and Smt. Jyoti Dwivedi Memorial Scholarship.
Ques. Is work experience necessary for admission to JBIMS Mumbai?
Ans. Work experience is not mandatory for courses like MMS or M.Sc. Finance at JBIMS Mumbai. However, having work experience is beneficial during the final selection composite score.
Ques. What are the campus facilities available at JBIMS Mumbai?
Ans. JBIMS Mumbai provides classrooms with audio-visual aids, a well-equipped library, seminar halls, and high-speed Wi-Fi. Although the campus is compact, JBIMS Mumbai ensures all necessary academic facilities are available.
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The application process for JBIMS is conducted online. Admission Process for various courses is mentioned below-
For the full-time MMS program, candidates have to register and appear for the MAH CET exam. After meeting the minimum cutoff percentile, candidates have to apply via the DTE CAP rounds and pay the applicable MAH CET exam fees, i.e., INR 1,000 for the general category, INR 800 for the reserved category in Maharashtra.
For the Part-Time MMS program, candidates apply directly to JBIMS with an institute-level application fee of INR 1,200. Payments both for the exam and the JBIMS application must be made online via net-banking, credit/debit cards, or UPI. Admission to Part-time MMS is based on an entrance test conducted by JBIMS, followed by a Group Activity.
After taking relevant entrance exams, candidates can directly apply at the JBIMS Mumbai official website.
No, Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai does not offer an online Master of Science (M.Sc.) in Finance program. The M.Sc. Finance is a two-year full-time, on-campus program designed to develop future financial leaders through rigorous training in finance, quantitative methods, and economics
The fee for the MMS course is mentioned below:
Candidates with a valid entrance exam score in any of the NET/SET/PET/GRF (If any) can apply for admission by visiting the link mentioned above. Further, candidates are also required to submit a research proposal for admission to the JBIMS PhD Program. Applicants applying for PhD program must have a Master’s Degree in Management Studies from any recognized University with 55% Marks (50% Marks for Reserved & DAP Categories).
To apply for the M.Sc. Finance program at Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai, you need to appear for the MAH-CET (Maharashtra Common Entrance Test).
The Entrepreneurship Cell of JBIMS strives to mentor and support students who have an entrepreneurial spirit in them. The JBIMS Student Academic Committee is in charge of the college's academic activities. The committee serves as a point of contact for the institute's administration, faculty, and students. The Infratech Committee's slogan is "Standing Together to Serve You Better". The team connects the student bodies with administrative bodies such as the Admin, Systems, and Maintenance teams. Public Relations Committee is the mouthpiece of JBIMS M.Sc. Finance. It is responsible for all external communication from the course. It aims to position and popularize the course on a variety of platforms. The Catalyst Forum is a committee which acts as the student development body of JBIMS.
JBIMS MMS batch intake is 160. JBIMS offers admission to full-time courses such as MMS under 5 specializations and M.Sc. in Finance. MMS is equivalent to MBA courses offered by other institutes. The candidates will have to appear for the entrance tests conducted on the state-level by DTE Maharashtra followed by CAP counseling to get admission to the MMS program.
A lot of games and sports activities are conducted in the college, but facilities like sports grounds don't exist. JBIMS does not have a timetable, it is a night before that one gets to know what the next morning has in store for them. The next day is most likely to be packed with classes and guest lectures, followed by company presentations and post-class discussions. The ‘Hamara Bajaj’ Anthem is a known song, popularly uniting all of them.
The event conducted by The Alumni Committee includes the felicitation of 'The Golden Jubilee', ‘The Silver Jubilee’, and ‘The Decade’ batch. In addition to the flagship event Nostalgia, the Alumni committee also organizes Chapters based on alumni based out of different cities. The alumni committee of M.Sc. Finance, JBIMS (Jamnalal Bajaj Institute of Management Studies) is responsible for maintaining a strong relationship between the institute and its alumni. Its function includes organizing alumni events, facilitating communication between alumni and current students, collecting, and updating alumni information, supporting alumni career development, and networking. Fundraising initiative for a school for intellectually challenged children: The committee paid a visit to Sahyadri Adivasi Vikas Pratishthan, a residential school for intellectually challenged children in Chinchvali, Karjat. A number of fun-filled activities were conducted to engage the children. NEXUS is an excellent platform to showcase all kinds of different talents ranging from arts, education, and sports to informal ones like JAM. Nexus etches a mark on the academic calendar and all the students forward for these dates. Nexus also inculcates holistic development of the personality of the students providing a break from the monotonous routine of academics. JBIMS also look forward to elevating confidence and also inculcating team building, especially in challenging situations.
The facilities available in JBIMS are listed below:
JBIMS Mumbai is recognised as one of the prestigious and prominent MBA institutions in India. The salient features of JBIMS Mumbai MBA are as follows:
JBIMS boasts of securing higher ranking by multiple organisations such as 19th rank by IIRF in 2024, 10th rank for MBA by TOI and 22nd rank for MBA by India Today 2023. It has recorded 100% placement percentage in the recent year. It also provides scholarships to the needy and meritorious students. The scholarship amount is 1 lac for tuition fees and 50 thousand for study expenses.
JBIMS offers MMS course instead of MBA in its campus. JBIMS does not accept CMAT examination for MMS course. It accepts the scores of MAH CET examination or CAT scores (Common Admission Test). For final admission, candidates need to appear for CAP round condcuted by DTE.
The registration for the exam is over, however the exam date hasn’t been released and is likely to be conducted in April 2024.
Admission into JBIMS is done based on the scores acquired by candidates in CAT/MAH MBA CET + CAP rounds. Candidates are required to have Bachelor’s or equivalent degree from UGC approved University. Check here for more. JBIMS Admission 2024
The last date to submit the application form is October 2024(tentatively) at JBIMS.
To know more about the syllabus of PET exam, you can check out more on the same at the collegedunia page CGPET 2023.
You can get more on the college admission at the page022 2202 4118.
You can check out the page JBIMS Mumbai Courses & fees to explore more PG, MPhil and PhD courses to pursue.
JBIMS Mumbai (Jamnalal Bajaj Institute of Management Studies) offers a full-time, regular, on-campus PhD in management course.