There is a difference between JBIMS and Sydenham. But we need to understand it from different viewpoints. 

When it comes to admitting students, at least for this year, the process is the same. Someone with a 99.9+ will get JBIMS and someone with a 99.8 will end up with Sydenham. The difference between 99.8 and 99.9 in terms of ability and aptitude is negligible. One person got a few more questions correct on that particular day. That's it. 

So if you look at the top students of JBIMS and top students of Sydenham, the difference is barely perceptible. JBIMS has been in the top ranks for a long time and will continue to do so. I don't really see Sydenham taking that position. If JBIMS moves out of CET centralized process, then yes, Sydenham will be the top institute purely through CET. There is a difference in the environment. There is something about JBIMS that makes it stand out from all other MS offering institutes and I think it is the kind of work alumni have done in the industry and the fact that some of the professors teach only at JBIMS. They will not go to other places. Yes, there are a few who teach at both JBIMS and Sydenham. Maybe, because of this reason, every year, you will find at least 4-5 students of SIMSREE taking CET again and trying for JBIMS.

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The way I look at and assess a part-time MBA is different from how I look at and assess a full-time one.

So, I’ll probably look at a few things

1. Faculty and course structure: NMIMS aggressively markets for their course and sells it better to you. JBIMS, on the other hand, doesn’t. I have had students who have done their part-time but that’s long ago. So, I’m not going to say anything about the course. A thorough research would help. If there is no great difference then I would look at these factors
2.  Location: As a working professional and a parent, this matters to me. Taking up a course doesn’t change things for me. In fact, I tend to work harder to keep my family happier, somewhere knowing that I’m taking my time away from them. So traveling to the college should be convenient and more important should be the commute back.
3.  Fees: This is also a factor worth considering. I usually think of what I will learn and many other factors. However, this factor will be important since the course will be self-sponsored and affordability will be paramount.
4.  Course flexibility: This is also something I will consider. I’m sure the course would take into consideration the work schedules and hectic work life of their students, but as an entrepreneur, I will also consider the flexibility offered for attendance and submissions.

The primary focus should be to enjoy the learning experience and knowing your goals and how it is transacted is very important and must not be compromised.

Considering the ROI and fees, JBIMS is a better option than IIM Lucknow. Also, it is affiliated with Mumbai University so has a brand name also. But in reality, these factors are short-term and cannot be considered if you are investing in your career. 

Overall, IIM Lucknow has an upper hand in almost all aspects. Be it placements, faculty, or brand name. Had I been in your place I would have chosen IIM Lucknow mainly because 

• Strong alumni base spread throughout India and even globally 
• It is a residential campus. The hostel facility is top notch and living and interacting with your batchmates is a great experience.

Both these aspects are lacking in the case of JBIMS because it is standalone and has a very weak alumni network. It also lacks accommodation facilities.

Overall both colleges have roughly the same worth and choosing one over the other is just a matter of preference.

JBIMS (Jamnalal Bajaj Institute of Management Studies) and NITIE (National Institute of Industrial Engineering) are both highly regarded management colleges in India, with MBA programs in Finance and Operations, respectively. Personal preferences, professional aspirations, and industry requirements can all play a role in deciding between the two institutes.

JBIMS is a Mumbai-based business school noted for its strong finance program. The institute's academic program is demanding, including topics such as financial markets, corporate finance, and investment banking. Top recruiters such as Goldman Sachs, JP Morgan, and Citibank often hire from the school, demonstrating the institute's strong placement record in the finance industry.

NITIE, on the other hand, is a Mumbai-based university that provides a specialized MBA program in Operations Management. With courses including Supply Chain Management, Logistics, and Quality Management, the institute puts a significant emphasis on industrial engineering and operations research. Top recruiters such as Amazon, Flipkart, and Tata Motors, among others, have visited the school and have a constant high placement record in the operations area.