Is JBIMS in the top 10?

Yes, JBIMS is ranked 10th byOutlook - ICARE ranking 2023 under best govt. b-school category.

What are JBIMS rankings in India?

JBIMS is ranked 19th by IIRF 2024 and10th byOutlook - ICARE ranking 2023 under best govt. b-school category. The overall scores obtained by JBIMS are 852.84by IIRF 2023 & 88.22 by Outlook - ICARE ranking 2023. Earlier, JBIMS was ranked 10th by IIRF 2023.

What are the parameter - wise scores obtained by JBIMS by IIRF 2024?

The below table represents the parameter - wise scores obtained by JBIMS by IIRF 2024:ParametersScoresPlacement Performance123.14Teaching, Learning & Pedagogy114.57Research118.28Industry Income & Integration132.56Placement Strategies & Support122.85Future Orientation125.71External Perception & Internal Outlook118.57

Does JBIMS have a hostel facility?

JBIMS doesnt have any hostel of its own.Only top 25 students are provided accommodation on the merit basis in the Mumbai University hostel situated at Marine drive.

What are JBIMS hostel criteria?

Top 25 students are provided accommodation on the merit basis in the Mumbai University hostel.

Is there a separate hostel for boys & girls in JBIMS?

JBIMS hostel arrangements are only available for the boys. There is no hostel facility available for girls in JBIMS.

Select Goal &

City

Select Goal

Write a ReviewGet Upto ₹500*

JBIMS Mumbai Placement 2025: Highest Package, Average Package, Top Recruiters

Churchgate, MumbaiEstd 1965 Mumbai University, Mumbai

#10 For MBA By Outlook 2025

+5 More

Course Finder

Compare

4.2

(39 Reviews)

Claim this college

Epil Gagrai

Content Writer

JBIMS placements 2024 concluded with a 100% placement rate. Around 55 recruiters participated, including 12 international firms. Around 140 students were placed and 73 students received PPOs through their internships. JBIMS highest package stood at INR 87.12 LPA, which was offered by an international firm. JBIMS average package stod at INR 27 LPA, which has decreased from the previous year.

Get Exclusive Placement Insights: Join JBIMS Community

JBIMS Summer Internship Placement 2025 concluded for the MHRD batch 2023-25. The highest stipend stood at INR 4 LPA and the average stipend at INR 82.1K. Some of the roles offered are HR Business Partner, Industrial Relations, Compensation & Benefits, Learning & Development, etc. BFSI was the major sector with most number of offers.

JBIMS Placement

Table of Content

JBIMS MHRD Summer Internship Placements 2025 Report
JBIMS Summer Internship Placements 2024 Report
JBIMS Summer Internship Placements 2024 Sector-wise
JBIMS Summer Internship Placements 2024 Batch Profile
JBIMS M.Sc Finance Summer Internship Placements 2024
JBIMS Placements 2023 Report
JBIMS Placements 2023 Sector Wise
JBIMS Placements 2023 Batch Profile
JBIMS Placements Year-wise Trends
JBIMS Placements 2023 Top Recruiters
JBIMS M.Sc Finance Placements 2023
JBIMS Alumni Network
JBIMS Placements FAQs

JBIMS MHRD Summer Internship Placements 2025 Report

The summer internship details for the MHRD batch 2023-25 is as follows:

Particulars	Internship Placements Statistics 2024
Batch Strength	30
Highest Stipend	INR 4 LPA
Average Stipend	INR 82.1K
Roles Offered	HR Business Partner, Industrial Relations, Compensation & Benefits, Learning & Development, etc
Major Sectors	BFSI
Top Recruiters	Adani, Amazon, AON, Aster, Bajaj Capital, Capgemini, etc

JBIMS MHRD Summer Internship Placements 2025 Sector Wise

The percentage of offers made in various sectors during the summer internship placement are as follows:

JBIMS MHRD SIP

The majority of the offers were made in the BFSI sector with 33% of total offers, followed by Manufacturing with 15% of total offers.

JBIMS MHRD Summer Internship Placements 2025 Roles Offered

Some of the roles offered to the MHRD batch 2023-25 during the summer internship are as follows:

HR Business Partner	Industrial Relations
Compensation & Benefits	Learning & Development, etc
Diversity, Equity & Inclusion	HR Analytics & Tech
Talent Acquisition	Talent Management

JBIMS Summer Internship Placements 2024 Report

Particulars	Internship Placements Statistics 2024
Number of Recruiters	40+
New Recruiters	17
Highest Stipend	INR 7.93 Lakhs
Average Stipend	INR 2.26 Lakhs
Top 10% Average Stipend	INR 4.10 Lakhs
Top 30% Average Stipend	INR 3.20 Lakhs
Median Stipend	INR 2.14 Lakhs
Major Sector	BFSI & IB (34%), Consulting (22%)
Top Recruiters	Accenture, Bank of America, BCG, Citi Bank, HDFC Bank etc

JBIMS Summer Internship Placements 2024 Sector-wise

The graph below represents the sector-wise statistics of JBIMS Summer Internship Placements 2024:

JBIMS SIP Sector Wise

The majority of the offers during SIP 2024 was offered by BFSI & IB sector with 34% of the total offers, followed by Consulting with 22% and FMCG & Pharma with 20% of the total offers.

Some of the top recruiters that made offers in various sectors and the job roles offered by them are as follows:

Sectors	Top Recruiters	Job Roles Offered
BFSI & IB	Bank of America, Barclays, Citi Bank, HDFC Bank, HSBC etc	Credit Analyst, Equity Research Intern, Investment Banking, Investment Product Analyst, Product Management etc
Consulting	Accenture, BCG, EAC, Optum, PwC etc	Corporate Development (Strategy), Management Consulting etc
FMCG & Pharma	Asian Paints, Hindustan Unilever Limited, Loreal, P&G, Sun Pharma etc	Corporate Finance, Distribution, General Management, Sales & Marketing etc
IT & E-commerce	Samsung, E-Commerce, TCS, Airtel, Pine Labs etc	Innovation Evangelist, Product Management, Sales & Marketing, Strategy, Supply Chain Management etc
Manufacturing & Conglomerates	JSW, Reliance, Slia Group, Mott MacDonald, etc	America, D. E. Shaw, HDFC Bank, HSBC, JPMC, Kotak IB, NPCI etc
Others	-	-

JBIMS Summer Internship Placements 2024 Batch Profile

JBIMS Summer Internship Placements 2024 batch comprised 159 students among which 83% were male students & 17% were female students.
The average age of the students was 24 years.

The below image shows the detailed profile of JBIMS Summer Internship 2022-24 batch:

JBIMS Summer Internship Placements 2024 Batch Profile

JBIMS Summer Internship Placements 2024 Top Recruiters

JBIMS M.Sc Finance Summer Internship Placements 2024

The below table represents the placement highlights of the M.Sc Finance batch of JBIMS:

Particulars	Internship Statistics 2024
Highest Stipend	INR 2.5 Lakhs
Average Stipend	INR 85.30 K
Top 20% Average Stipend	INR 1.04 Lakhs
Median Stipend	INR 70 K
Job Roles Offered	Equity Research, Investment Banking, Risk Management, Corporate Finance, Financial Planning & Analysis etc
Top Recruiters	Alpha, Aritraa, Axis Finance, CEAT, JM Financial etc

JBIMS M.Sc Finance Summer Internship Placements 2024 Job Roles Offered

The below table represents the job roles offered during JBIMS M.Sc Finance Summer Internship Placements 2024:

Equity Research	Investment Banking	Business Consulting
Risk Management	Corporate Finance	Actuarial
Financial Planning & Analysis	Wealth Management	Data Analytics
Management & Strategy	Financial Planning & Analysis	SME Landing
Digital Transformation

JBIMS M.Sc Finance Summer Internship Placements 2024 Batch Profile

The MSc Finance batch 2022-24 had a total of 4o students with 77% of male students and 23% of female students.
The average age of the students is 24 years.
Around 42% of the batch are freshers and the rest have a prior work experience.
The batch had around 60% engineers, 22% management students, 10% commerce and 8% science students.

JBIMS M.Sc Finance Summer Internship Placements 2024 Batch Profile

JBIMS M.Sc Finance Summer Internship Placements 2024 Top Recruiters

JBIMS Placements 2024 Report

The placement report of the MMS program are as follows:

Particulars	Placemment Statistics 2024	Placements Statistics 2023	Placements Statistics 2022
Number of Recruiters	55	55+	75+
New Recruiters	-	15	22
PPO/PPI Offered	73	132	65
Highest Package	INR 87.12 LPA	INR 35.75 LPA	INR 42 LPA
Average Package	INR 27 LPA	INR 28.02 LPA	INR 27.63 LPA
Top 10% Average Package	INR 32.89 LPA	INR 33.30 LPA	INR 34.22 LPA
Top 30% Average Package	INR 29.35 LPA	INR 29.30 LPA	INR 29.62 LPA
Median Package	-	INR 27.60 LPA	INR 26.48 LPA
Major Sector	-	BFSI & IB (43%), Consulting (31%)	Consulting (39%), BFSI & IB (36%)
Top Recruiters	-	Accenture, Adani, Cisco, Deloitte, EY etc	Accenture, Bank of America, BYJU’s, Cisco, Deloitte etc

JBIMS Placements 2023 Sector Wise

The graph below represents the sector-wise statistics of JBIMS Placements 2023:

JBIMS Sector wise placement

Most of the students were placed in the BFSI & IB sector i.e. around 43% of the students. Some of the top recruiters in BFSI & IB sector are Bajaj Finserv, Citi Bank, DBS, HSBC, JM Financial etc.
The next most recruiting sector is Consulting offering 31% of the total offers. Some of the major consulting firms were Accenture, Deloitte, EY, KPMG, McKinsey & Company etc.
Further, FMCG & Pharma sector made around 13% of offers from companies like Asian Paints, Colgate Palmolive, Haleon, HCCB etc.

JBIMS Placements 2023 Batch Profile

JBIMS Placements 2023 batch comprised 150 students among which 85% were male students & 15% were female students.
The average age of the batch was 24 years.
Students had 1 month to more than 36 months of work experience. The average work experience of the batch was 19 months.

The below image represents the detailed profile of JBIMS 2021-23 batch:

JBIMS Placements 2023 Batch Profile

JBIMS Placements Year-wise Trends

The graph below represents the year-wise trends of JBIMS Placements:

JBIMS Year-Wise Trend

The average package of JBIMS has been consistently increasing every year. The average package has increased from INR 27.63 LPA in 2022 to INR 28.02 LPA in 2023.
But there has been a decrease in the highest package from INR 42 LPA in 2022 to INR 35.75 LPA in 2023.
There has also been an increase in the PPO offers, from 65 offers in 2022 to 132 offers in 2023.

JBIMS Placements 2023 Top Recruiters

JBIMS Top Recruiters

JBIMS M.Sc Finance Placements 2023 Highlights

The below table shows the highlights of JBIMS M.Sc Finance Placements 2023:

Particulars	Placements Statistics 2023
Highest Package	INR 27 LPA
Average Package	INR 21.36 LPA
Top 20% Average Package	INR 25.18 LPA
Median Package	INR 21 LPA
Job Roles Offered	Management Consulting, Wealth Management, Credit Analyst, Wholesale Banking etc
Top Recruiters	Bloomberg, Citi Bank, HDFC Bank, ICICI Bank, Vedanta etc

JBIMS M.Sc Finance Placements 2023 Job Roles Offered

Management Consulting	Wealth Management	Credit Analyst
Wholesale Banking	Credit Analytics	Product Management
Equity Research	Risk Management	Analytics & Sales
Relationship Manager	Financial Planning & Analysis	Management Strategy

JBIMS M.Sc Finance Placements 2023 Batch Profile

The JBIMS MSc Finance Batch 2021-23 had a total fo 27 students with 78% of male students and 22% of female students.
The average age of the students is 25 years.
Around 18% of the batch are freshers and rest 82% had some amount of prior experience.
The majority of the students are from Engineering background i.e around 68%, followed by Commerce with 18%, Science with 10% and Management with 4%.

JBIMS M.Sc Finance Placements 2023 Batch Profile

JBIMS M.Sc Finance Placements 2023 Top Recruiters

Some of the major recruiters for MSc Finance students are as follows:

JBIMS M.Sc Finance Placements 2023 Top Recruiters

JBIMS Alumni Network

Name of Organizations	Number of Alumni
ICICI Bank	180
HDFC Bank	151
Axis Bank	119
Accenture	114
Tata Consultancy services	107
HSBC	87
Citi	86
Deloitte	85
JP Morgan Chase & Co	80
Standard Chartered Bank	80
Kotak Mahindra Bank	79
YES Bank	78
JP Morgan	60
Capgemini	60
EY	57

JBIMS Placements FAQs

Ques. What is the average placements at JBIMS MBA?

Ans. JBIMS Placements 2024 recorded an average package of INR 27 LPA.

Ques. Is JBIMS better than new IIMs?

Ans. The new IIMs include IIM Shillong, IIM Ranchi, IIM Udaipur, IIM Trichy, IIM Raipur, IIM Rohtak, IIM Kashipur. If we compare the 2023 placement data of new IIMs & JBIMS, IIM Ranchi, IIM Trichy, IIM Raipur, IIM Kashipur offered better packages than JBIMS.

Ques. What is the highest package in JBIMS?

Ans. JBIMS Placements 2024 recorded the highest package of INR 87.12 LPA.

Ques. What is the average age of MBA students in JBIMS?

Ans. Average age of JBIMS 2021-23 final placements batch is 24 years, JBIMS 2022-24 summer internship batch is 24 years.

Ques. What is the final placement of JBIMS 2024?

Ans. JBIMS Placements 2024 final report is released. JBIMS average package stood at INR 27 LPA whereas JBIMS highest package stood at INR 87.12 LPA. More than 55 recruiters participated among which 12 were international recruiters.

Ques. What is the average salary in JBIMS?

Ans. The average package stood at INR 27 LPA during JBIMS Placements 2024.

Ques. What is the highest package in JBIMS Finance?

Ans. During JBIMS M.Sc Finance Placements 2023, the highest package stood at INR 27 LPA.

JBIMS Mumbai Highest and Average Package

Highest PackageAverage Package

87.12 L

29.35 L

017.4 Lakhs34.8 Lakhs52.3 Lakhs69.7 Lakhs87.1 Lakhs

Do you think the placement data is wrong ? Report Here

JBIMS Mumbai: Students' Opinion

AI-Generated Summary based on 39 Reviews

Jamnalal Bajaj Institute of Management Studies (JBIMS) consistently achieves a near 100% placement rate with prominent recruiters such as JP Morgan, McKinsey, HUL, P&G, and Accenture. The highest package offered has reached up to 45 LPA, with the average package for the 2020 MMS batch being 22.84 LPA and the median at 22 LPA.

Notably, 38% of the batch received offers in the BFSI and IB sectors. For the MHRD course, the highest package was 26 LPA and the average package was 19 LPA. Internship opportunities are abundant, with stipends ranging from Rs. 62,700 to Rs. 2,12,000 per month. The placement process is well-organized and supported by a dedicated placement cell, providing students with workshops and resources to prepare effectively.

By Collegedunia’s Personal AI

Important Updates

Woxsen University 2025 App Form

Closing on NaNth Invalid Date

Thapar University App Form 2025

Closing on NaNth Invalid Date

Dayananda Sagar Universtity App Form 2025

Closing on NaNth Invalid Date

MIT World Peace University App Form 2025

Closing on NaNth Invalid Date

Course Finder

Search from 20K+ Courses and 35+ Streams

Why To Join JBIMS Mumbai - Reviews & Rating

+7 more

4.2

(39 Verified Reviews)

Write a College Review

& Win Monthly Prizes Up to ₹1 Lakh/-*

5(70%)

4(27%)

3(3%)

2(0%)

1(0%)

Academic

4.6

Faculty

4.5

Infrastructure

3.8

Accommodation

3.3

Social Life

4.2

Placement

4.7

Most Popular Tags

Reset All Filter

Anonymous

4.9Helpful

M.Sc, Finance

Reviewed on Dec 26, 2024(Enrolled 2024)

JBIMS one of the best college known for its ROI.

Likes

JBIMS is known for its low fees and it does have one of the highest ROI in terms of the placements.

Placement Experience:

JBIMS known for its 100% placements record. The highest package for Msc Finance is about 30 Lakhs per annum and average is about 18 Lakhs per annum. Students gets eligible for placements after completion of 1 acedemic year. Job profile includes Investment banking, credit risk analyst, valuation analyst, equity research, management consulting etc

Write a Colleges Review & Win Prizes Up to ₹1,00,000

Report

VISHAL

5.0

M.M.S, Finance

Reviewed on Mar 2, 2024(Enrolled 2023)

CEO FACTORY OF INDIA

Likes

Everything from Campus life till Placements.

Placement Experience:

Our college is known for its strong placement record. As posted on our website our Placement Reports states the average package offered was 28.02 LPA. Our college also attracts new recruiters each year, showcasing its growing reputation and industry relevance.

Write a Colleges Review & Win Prizes Up to ₹1,00,000

Report

Shailly Vats

4.9Helpful

MHRD, Human Resource Development

Reviewed on Mar 2, 2024(Enrolled 2023)

Living my dreams @JBIMS

Student Snaps:

Placement Experience:

After completing the second semester and doing their summer internships students are eligible for campus placements. There are many companies visited last year like Mercer,Aon,Sodexo,Mahindra and Mahindra ,Vedanta,HDFC and Capgemini etc. Various roles in the human resource domain like management trainee, learning and development, compensation and benefits were offered. There is 100 percent placement of the college. Highest placement is of 26 lakhs per annum and the average is of around 1800000 lakhs per annum approximately. My plan after getting the degree will be to join a reputed firm as an HR professional with a good salary package and role.

Write a Colleges Review & Win Prizes Up to ₹1,00,000

Report

Kanchan Namdeo Bhaldand

5.0Helpful

MHRD, Human Resource Development

Reviewed on Mar 1, 2024(Enrolled 2023)

My Days In JBIMS

Likes

Most of the faculties are Industry people who are leaders in their respective fields, their insights and experiences makes us industry ready and job ready.

Student Snaps:

Placement Experience:

After completing first year students are eligible for final placements. Companies Start coming from the month of August -September. Many companies also offer PPO based on the performance of Summer Internship. Companies like Aditya Birla, HDFC Ergo, Mahindra n Mahindra, Vedanta, KPMG, Godrej, Mercer, Tata Capital, DXC Technology and many more visits the campus for palcement. For 2023 , highest package offered was Rs. 26,00,000 , Average was Rs. 19,00,000 and Median was Rs. 18,00,000. College has almost 100% placement. After completing my masters degree, I will start working in the field of Human Resources after accepting the placement offer.

Write a Colleges Review & Win Prizes Up to ₹1,00,000

Report

MORE SHRADDHA DEEPAK

4.3Helpful

MHRD, Human Resource Development

Reviewed on Feb 26, 2024(Enrolled 2023)

JBIMS: Where Education meets Opportunity

Likes

Return on investment is great not only in terms of money but also the networking opportunities you find here are rare to find elsewhere

Placement Experience:

Yes placements are available for MHRD course at JBIMS. The college has a great brand value and hence many of the big companies come for campus placements over here. We have summer as well as final placements with 100% students getting placed. The placement statistics are available on the official website of the college.

Write a Colleges Review & Win Prizes Up to ₹1,00,000

Report

GUJARATHI PURWA ABHIJEET

4.9Helpful

MHRD, Human Resource Development

Reviewed on Feb 22, 2024(Enrolled 2023)

Stories of JBIMS, HR student's perspective

Placement Experience:

In first year, summer internships are provided. A number of companies visit campus for hiring interns. In second year, for final placemets again a number of companies visit campus every year. Names of the companies and details are released in the placements report every year. Average package for MHRD is 19 LPA and highest 26 LPA. 100% students get placed. Plans after getting the degree: job in company.

Write a Colleges Review & Win Prizes Up to ₹1,00,000

Report

Revati Patil

5.0Helpful

MHRD, Human Resource Development

Reviewed on Feb 22, 2024(Enrolled 2023)

Soon to be CHRO factory-JBIMS !!

Student Snaps:

Placement Experience:

the placements in our college are pretty good as compared to the fees we pay. highest package of my colegge is 7lpa nad lowest pacage of my clg i 4LPA.

Write a Colleges Review & Win Prizes Up to ₹1,00,000

Report

PATOLE AVIRAJ RAJU

4.5

M.M.S, Finance

Reviewed on Feb 22, 2024(Enrolled 2023)

MMS at JBIMS: Legacy speaks for itself

Likes

It has one of the most affordable Return on Investment
JBIMS has excellent location advantage making it accessible for industry experts.

Placement Experience:

In JBIMS candidates are eligible for placement during 3rd semester of the course. Uptill now JBIMS has witnessed 100% placements. Highest package is 45LPA and average is about 28 LPA. Many companies like HULIT, Accenture, Colgate, Loreal etc are legacy companies on campus.

Write a Colleges Review & Win Prizes Up to ₹1,00,000

Report

Vrushabh Kumre

4.6

MHRD, Human Resource Development

Reviewed on Feb 22, 2024(Enrolled 2023)

Life of JBIMS students

Likes

Placements are really good. Also when you go out in market you stand out with tier 1 tag.

Placement Experience:

Being a member of the placements committee, I can't disclose any details. But the reports are available on the website and Linkedin. You can check it. Highest: 26 LPA for MHRD and average 18 LPA and median 17.6 LPA

Write a Colleges Review & Win Prizes Up to ₹1,00,000

Report

DUDHAWALE HARSH NAGESH

4.8Helpful

MHRD, Human Resource Development

Reviewed on Feb 22, 2024(Enrolled 2023)

JBIMS: More Than Just a Business School

Placement Experience:

JBIMS MHRD boasts an impressive placement record, with an average salary of Rs.19 LPA and highest package offered over Rs.26 LPA last year. The placement rate stands at 100% and a significant percentage of students are placed in their preferred industries like consulting, banking and finance, FMCG, etc. The placement process is well-organized and provides access to various resources and workshops to help students prepare. While ROI at JBIMS is one of the best and that is the decision changing point to go for JBIMS MHRD.

Write a Colleges Review & Win Prizes Up to ₹1,00,000

Report

Do you think the data is wrong ? Report Here

JBIMS Mumbai: 20 Answered Questions

How much do the top B-schools like the IIMs FMS, MDI, XLRI, SP JAIN, JBIMS, IIFT, and NITIE inflate their placement reports?

Hardik PandyaMBA Finance, Indian Institute of Foreign Trade, Delhi (2016)

In the placement process, it is not always the B-Schools that are responsible for reporting inflated packages, but rather the companies. The figure reported by placement cells is referred to as the "Cost to Company" (CTC) and not the take-home salary. This means that simply dividing the CTC by 12 is not an accurate reflection of what you will receive in your bank account each month.

CTC consists of two main components: fixed and variable. The fixed component includes your basic salary, HRA, TA, LTA, employer's contribution to the provident fund, joining bonus, retention bonuses, and ESOPs. The variable component is based on both your performance and the company's performance and is paid out in lump sums either yearly or half-yearly.

Your take-home salary at the end of each month is calculated as basic salary + HRA + TA + other allowances - provident fund deduction - tax. The remaining amount is given to you at the end of the year. To illustrate how companies may inflate their CTC figures, here are a few examples:

Amazon:

Fixed component: 9 lakhs

Year 1 end retention bonus: 2 lakhs

Year 2 end retention bonus: 1.5 lakhs

ESOP: 5 lakhs to be paid over 3 years

Performance bonus: separate/not reported CTC: 17.5 lakhs

Take-home salary: 65-70k

Goldman Sachs:

Fixed component + Variable component: 14.5 lakhs

Relocation: 2,00,000 INR (one-time payment)

Supplemental Salary: 3,50,000 INR (supplemental salary is an accrued bonus paid out in monthly installments pro-rated from the date of joining, only applicable during the first year of joining)

CTC: 20 lakhs

Take-home salary: 95-98k

RBS India Development Center (Royal Bank of Scotland back-end):

Fixed component: 9 lakhs

Variable component: 10-20% of a fixed component

CTC: 10.8 lakhs

Take-home salary: 65-68k

As seen from the examples, despite Amazon having a CTC that is double that of RBS IDC, their take-home salary is the same. This is the typical way it works. The placement teams likely do not have much control over the process.

How are the placements at other B-schools like S.P Jain, JBIMS, NMIMS, SIBM and XLRI compared to the IIMs? Is it worth joining these institutes?

Radhika KalyanMBA Supply Chain & Business Analytics, S. P. Jain Institute of Management and Research (2017)

Although all the institutes offer good placement to its students, a comparative analytical report based on points would be helpful for you to decide which institute to choose for your higher studies.

XLRI:

Some of the top recruiters who offer internship and job opportunities to the XLRI students are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, Sapient, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, C K Birla, Power Finance Corporation among others.
The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.

IIML:

It offers 100% placement to its students.
The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.
The highest and the medium salary range remain to be around 54 LPA and 23 LPA.

IIMK:

Students at IIMK get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.
Some of the top recruiters who offer internship and job opportunities are Cognizant, Wipro, Amazon, Airtel, City Bank, Deloitte, Nestle, Bosch, Microsoft, Raymond, and more.

SIBM Pune:

It was ranked 6th by Outlook India in 2020.

The top recruiters who offer placement to the students are Axis Bank, Flipkart, Diageo, KPMG, Capgemini, HDFC Bank, Mahindra CIE, ITC, and more.
The highest and the medium packages are 34 LPA and 18 LPA.

NMIMS:

NMIMS has ranked 2nd among the top BBA colleges of India by India Today in 2020.

Top recruiters of NMIMS students are IBM, Johnson, and Johnson, Deloitte, ICICI, HDFC Bank, Cadila, Mankind, Accenture, Amdocs, Bajaj Finserv, Aditya Birla Group, Alkem, Cipla, and more.
The highest and medium salary packages remain to be around 30 LPA and 17 LPA.

JBIMS:

Students receive job opportunities from various companies such as Mahindra Group, TATA Group, The Boston Consulting Group, Reliance Industries, Godrej consumer products, and more.
The highest and medium packages that are offered are 32 LPA and 26 LPA.

These are the major placement related details that you should be taking into account while deciding whether you want to join any of these institutes or not.

Which one is better: IIFT Delhi, JBIMS or SP Jain (Marketing) if I was looking for good placements and brand and I have converted all three?

Shaunak AcharyaMBA from Faculty of Management Studies, University of Delhi

To choose a college that is perfect for you, one needs to ponder various questions repeatedly. These questions will help you get a clear idea about what you want from MBA and which college will help you achieve that.

Which area do you want to specialize in?
Are you included towards functional level clarity (Operations, Finance, Marketing, Tech) or granular level clarity (FMCG marketing/Digital e-commerce marketing/Sales or Product Management/Project Management or General Management)

If the answer to it is yes, then analyze the reports of these institutes to find where each one of them stands. Looking at average CTC is not the right way and is in fact misleading.

Other things you should consider before choosing a B School are

The admission procedure and the level of difficulty of entrance exams if these colleges
The practicality and relevance of the curriculum as per the recent industrial trends
The profiles of your batchmates and their diversity The size and brand of the alumni base and the opportunities you will be availing through them
The importance of overall personality grooming

One thing you should keep in mind is that brands are just a stepping stone in your career journey and not the main factor. These institutes have been able to establish the brand name mainly because of where their alumni have reached now. So brands are helpful in the short run only.

Is an MBA from JBIMS better than SP Jain from a placement point of view?

Anubhuti ShekharM.M.S. from Jamnalal Bajaj Institute of Management Studies (Graduated 2014)

From the point of view of batch strength, JBIMS has a smaller batch size of 120 students, while SP Jain has a larger batch size of 300 students. The list of companies visiting both campuses is similar, but due to the smaller batch size at JBIMS, the options available per student are higher, resulting in better placement opportunities.

In terms of cost, JBIMS has a lower fee structure of approximately 1 lakh per year, while the fees at SP Jain can reach 10 lakhs per year when including all expenses. This results in a higher return on investment for JBIMS.

In terms of the quality of education, both colleges are equally good, but it is important not to only consider the quality of education when making a decision. Networking opportunities should also be taken into consideration, and JBIMS offers strong networking opportunities due to its strong alumni base.

In conclusion, both colleges offer great placement opportunities and it is up to personal preference and individual circumstances to determine the best option.

JBIMS saw a significant increase in average salary in 2022, rising over 20% to INR 27.63 LPA. The median CTC was INR 26.48 LPA, and the highest salary offered was INR 42 LPA. Consulting firms were a major presence during the placement drive, with companies such as Deloitte, EY, PwC, Accenture, Infosys, and KPMG among the top recruiters.

During the SPJIMR Placements 2022 Report, 75 recruiters visited the campus, with top companies including Accenture, Aditya Birla Capital, Amazon, and American Express. PGDM students received 123 PPOs/PPIs, with the highest salary offered at INR 53.16 LPA and an average salary of INR 32.06 LPA.

How good is JBIMS as compared to IIMs, XLRI, and FMS in regard to faculty, placements, alumni, etc.?

Shiv ShaktiGuest Faculty at JBIMS for training students for GDPI for placements

You are advised to choose wisely when it comes to selecting the top MBA colleges. Most of the top colleges have excellent faculty who are experts in their fields and students highly appreciate their teachings. The alumni network is a crucial factor to consider, and it is best to speak to students and alumni of the colleges to get a better understanding.

The top-of-the-line MBA colleges include IIMs A, B, and C, which are considered untouchable at the moment. XLRI stands out for its HR batch, the opportunities it offers, and its excellent course structure.

If you are comparing FMS, JBIMS, and XLRI BM, you can consider your interest and preference. The author is biased towards JBIMS as her husband is from that college and she has close connections with the students and alumni. However, if you get admitted to XLRI BM, it is a great brand to be associated with, especially if you are interested in finance.

When it comes to choosing between JBIMS and FMS, you can opt for JBIMS if you are sure about pursuing finance, else you can choose either. Among the IIMs, the author rates IIM L above JBIMS and FMS and considers JBIMS and FMS above IIM I and K.

It is suggested not to rely on the ROI concept, as the benefits of a good education cannot be gauged in one year and do not follow arithmetic progression rules. Instead, you should look at the opportunities offered by the college and how it fits into your plan. Do not base your decision solely on rankings posted in newspapers and magazines or the highest packages offered during placement.

Which has better placements JBIMS or NMIMS?

Akriti Guptalives in Mumbai, Maharashtra, India

Both Jamnalal Bajaj Institute of Management Studies (JBIMS) and NMIMS School of Business Management (SBM) are well-known and reputable business schools in India.

JBIMS is located in Mumbai and is affiliated with the University of Mumbai. It has a strong alumni network and is well-known for its finance and marketing programs. NMIMS, on the other hand, is a private university located in Mumbai and has campuses in other cities as well. It is known for its management programs and has been consistently ranked among the top B-schools in India.

When it comes to placements, both JBIMS and NMIMS have a good track record. However, the choice of which institute has better placements depends on several factors such as the program you are interested in, your career aspirations, and the companies that recruit from the respective institutes.

How are JBIMS Mumbai placements in marketing?

Anamica AgarwalStudied at Jamnalal Bajaj Institute of Management Studies

When it comes to placement in JBIMS for Marketing students, you can expect a good number of offers from big companies in various sectors. Around 40% of the offers are made by companies in the Pharma and FMCG sectors, including big names like HUL, P&G, Nestle, Britannia, Mars, Abbott, Cipla, and Sandi. The Telecom sector also offers roles in sales and marketing, with companies like Vodafone and Idea having a strong relationship with JBIMS due to a strong alumni presence.

In the Technology sector, firms like Google, IBM, Hexaware, and Infosys offer profiles in IT consulting and international and Indian sales. The Automobile industry also offers roles in sales, with companies like Tata Motors, Hero Motocross, and Baja Auto contributing around 8-10%. Conglomerates like RIL, Raymond, Tata Steel, Samsung, and L&T offer around 10% of the roles for marketing students.

It is important to note that around 50% of the total batch gets placed before the final placement, which is called a Pre Placement Offer. Hence, performing well in your summer placements is crucial.

The average salary for JBIMS Marketing students increased by more than 20% as compared to the previous year, reaching INR 27.63 LPA in 2022. The median CTC was INR 26.48 LPA, and the highest salary offered was INR 42 LPA. During the placement drive, consulting companies played a dominant role, with major recruiters including Deloitte, EY, PwC, Accenture, Infosys, KPMG, and many more.

Can I get to know the placement details at JBIMS for each specialization in MBA?

Yaseer DasStudied at Jamnalal Bajaj Institute of Management Studies

At Jamnalal Bajaj Institute of Management Studies (JBIMS), you are located in the heart of Mumbai's financial hub, Churchgate. The institute boasts of decent infrastructure with air-conditioned classrooms. However, JBIMS does not have a residential campus.

JBIMS provides a great return on investment as the average salary increased by over 20% from 2021, reaching INR 27.63 LPA in 2022. The median CTC was INR 26.48 LPA and the highest salary was INR 42 LPA, with consulting companies playing a dominant role during the placement drive. Major recruiters included Deloitte, EY, PwC, Accenture, Infosys, KPMG, and more.

Admissions to JBIMS are done through CMAT, instead of CET. The institute offers an MMS degree from Mumbai University and an executive MBA for working professionals.

JBIMS has a reputation for attracting senior managers from the industry as guest lecturers and boasts of an excellent permanent faculty. The learning experience at JBIMS is considered a pleasure due to the industry-relevant and practical knowledge shared by the faculty.

The student body at JBIMS comprises the cream of the CET crowd, with a majority of engineers and diverse backgrounds. However, JBIMS does not offer a residential program, so students may miss out on a typical campus life experience.

The 2021 summer internship placement drive at JBIMS was successful, with the highest stipend offered at INR 5.67 Lakhs per month and an average stipend of INR 2.05 Lakhs per month. Major hirers included Citibank, HSBC, JPMC, HUL, P&G, ITC, and others.

As one of the third oldest B-schools in the country and still one of the best, JBIMS provides an excellent return on investment. The non-residential course may be attractive to some students and the institute's location in the heart of Mumbai's commercial activity can never fade.

Famous JBIMS alumni include acclaimed filmmaker Mani Ratnam, Chanda Kocchar (MD and CEO of ICICI Bank), Uday Kotak (Chairman and MD of Kotak Mahindra), Ajay Piramal (Chairman and MD of Piramal India). JBIMS is undoubtedly one of the best colleges in Mumbai, if not the best.

With a gap of 3 years (no work experience, few certifications) and low academics (53% in XII and 6.1 CGPA in a BE), what problems can one face during summer placements at JBIMS (MMS Finance)?

Sai TejaStudied Finance at Jamnalal Bajaj Institute of Management Studies

The first 2 semesters comprise of General electives that are compulsory for everyone. You can at least stop stressing about your specialization for a year. You need to be extremely flexible in order to pursue an MBA. I have seen many people who initially were into Finance yet after summer placements chose Marketing.

As far as the problems related to your low scores are concerned, well yes, it will always be a hindering factor. But this does not mean your MBA is of no use. You will get offers from startups which are an altogether new experience as you get to learn from scratch. But this problem does not happen during Final placements because placements depend upon how you have lived your college life so far and gained from it. At this stage, your past academics will rarely matter.

You will definitely get a good job if you scored well throughout college despite having completed your internship from a startup or not-so-popular brand. Work hard, build your profile, and make this MBA a turning point in your life. Inculcating GD and PI skills is very important to ensure a good stable job.

So you can overcome the little struggle during summer placements and wait for the long-run benefits.

How is the placement scenario of JBIMS for an MBA?

Pragya TripathiLives in Mumbai, Maharashtra, India (2000–present)

The Jamnalal Bajaj Institute of Management Studies (JBIMS) has a strong record of providing its students with excellent job opportunities and competitive salaries. During the MBA placements for the year 2022, the highest package offered to a student was INR 42 Lakhs per annum, while the average package was INR 27.63 Lakhs per annum. This demonstrates the strong demand for JBIMS graduates and the value that companies place on their skills and knowledge.

It is noteworthy that over 75 companies participated in the JBIMS MBA placement process for 2022, offering a wide range of job opportunities to students. Additionally, 65 Pre-Placement Offers (PPOs) and Pre-Placement Interviews (PPIs) were extended to students during this time, further highlighting the strong demand for JBIMS graduates.

In addition to the MBA program, JBIMS also offers specialized programs such as MSc in Finance and MHRD, which provide students with the opportunity to deepen their knowledge in specific areas of management. During the 2022 placements for these programs, the average package offered was INR 19.35 Lakhs per annum for MSc in Finance and INR 16.5 Lakhs per annum for MHRD. This demonstrates the high value placed on the skills and knowledge acquired through these specialized programs and the excellent job opportunities that they provide to students. In conclusion, JBIMS is a highly reputable institution that provides its students with a strong foundation in management and the skills necessary to succeed in the business world. The strong demand for JBIMS graduates and the competitive salaries offered during the placement process further illustrate the value of a JBIMS education.

View All Questions and Answers

JBIMS Mumbai Alumni Distribution By Companies

ICICI Bank 16%

TCS 13%

HSBC 10%

Accenture 9%

Axis Bank 9%

Do you think the placement data is wrong ? Report Here

Frequently Visited Companies

Companies
Capital One Financial Services	Carrier	Infosys	Ingersoll Rand
Schlumberger	Wipro	Accenture	Adventity BPO India Pvt. Ltd.
Boston Consulting Group	DSP Merrill Lynch	HDFC Bank	i2 Technologies India Pvt. Ltd
Kotak Group	Lehman Brothers	PricewaterhouseCoopers	Procter & Gamble
Tata Strategic Management Group	TCS	Bajaj Auto	Barclays Capital
BristleCone	EXL Services	Hero Motocorp	Jaipur Rugs Company Pvt. Ltd

Do you think the placement data is wrong ? Report Here

JBIMS Mumbai Latest News

JBIMS MMS Admission Open for 2025-26; Apply by April 6

Written ByMonalisa Debon Feb 3, 2025

JBIMS MMS Admission Open for 2025-26; Apply by April 6

Mumbai University Fifth Merit List 2025 (Out): Download College-wise Merit List PDF

Written ByPranjal Sapraon Jun 14, 2025

Mumbai University Fifth Merit List 2025 (Out): Download College-wise Merit List PDF

Mumbai University Hall Ticket 2025 (Released) @muexam.mu.ac.in: Direct Link To Download

Written ByShreya Guptaon Apr 30, 2025

Mumbai University Hall Ticket 2025 (Released) @muexam.mu.ac.in: Direct Link To Download

View All News

Discover More Colleges

SP Jain [SPJIMR]

Andheri West, Mumbai

4.2(45)

₹2250000Total Fees

Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM]

Powai, Mumbai

4.4(28)

₹717650First year Fees

IIM Mumbai - Indian Institute of Management

Mumbai

4.3(72)

₹2100000Total Fees

IIM Indore [Mumbai Campus]

Powai, Mumbai

₹1760000Total Fees

Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)

Churchgate, Mumbai

3.8(19)

₹51000First year Fees

KJ Somaiya Institute of Management

Ghatkopar East, Mumbai

4(134)

₹1077200First year Fees

Comments

Found 4 Comments

sapna

Apr 15, 2024 12:54

Why was there a fall in highest package this year?

Sweta Kumari

Apr 16, 2024 14:15

JBIMS Placements 2023 final report is released. JBIMS's average package increased by 1.4% at INR 28.02 LPA whereas JBIMS's highest package stood at INR 35.75 LPA. More than 55 recruiters participated among which 15 were new recruiters. Some of the top recruiters of JBIMS Placements 2023 included Accenture, Adani, Cisco, Deloitte, EY, etc. The highest number of offers came from the BFSI & IB sectors. JBIMS M.Sc Finance Placements 2023 final report is also released. According to the report, the highest package stood at INR 27 LPA & the average package stood at INR 21.36 LPA for the M.Sc Finance batch.

epil gagrai

Apr 15, 2024 10:27

How are JBIMS placements compared to other top institutes?

Ashish Ramtari

Apr 15, 2024 10:56

JBIMS is recognised as one of the top management institutes over India. However, the institute has less placements in comparison to the similar institutes.

JBIMS MBA highest package is INR 35.75 LPA which is lesser in comparison to IIFT Delhi, FMS Delhi and MDI Gurgaon
Its average package (28.02 LPA) is also lesser than the above institutes average packages.

aafiya yadgir

Mar 27, 2024 20:55

What is the JBIMS salary package?

Ashish Ramtari

Mar 28, 2024 07:22

The JBIMS average salary package is 28.02 lacs per annum. The highest salary package offered yet is INR 35.75 lacs per annum. There are more than 50 recruiters participate in JBIMS Placements every year.

vidhi sharma

Mar 27, 2024 18:33

Is there 100% placement in JBIMS?

Ashish Ramtari

Mar 28, 2024 07:25

Yes, JBIMS provides 100% placement oppurtunities to the students. The highest package offered to one of the students of JBIMS is INR 35.75 lacs per year whereas the average package stoods at 28.02 lacs per year. The top recruiters of JBIMS Mumbai are Accenture, Bank of America, Byju’s, Cisco, Deloitte, Adani, EY, KPMG, HSBC, Citi Bank, Bajaj Finsery, DBS, Asian Paints etc.

- No More Comments -

Suggested Communities

Jamnalal Bajaj Institute of Management Studies -[JBIMS],Mumbai | Admission | MBA/PGDM

46 Members