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Which has better placements JBIMS or NMIMS?
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.
What should be the study plan to get into JBIMS?
To gain admission into JBIMS, it is essential to possess more than just a study plan. A positive mindset, consistency, and speed are key to success.
JBIMS admission procedure is managed through DTE. For Maharashtra-based candidates, CET scores are accepted. There is a reservation for All India Seats, where one may apply through CAT, ATMA, or MAT. It is important to keep in mind that focusing on the JBIMS cutoff for CET or any other exam is not recommended, as the school is highly sought after and the intake for General Candidates is approximately 50. Therefore, aim to rank first in CET or any other exams accepted by JBIMS, as only the top 50 students are enrolled.
As for the study plan, it is imperative to have a strong grasp of basics and Vedic maths. The CET exam consists of 200 questions and has a duration of 150 minutes, equating to roughly 30-40 seconds per question. Therefore, it is crucial to be quick with calculations. A mentor should focus on speed and accuracy while preparing students for the exam.
- Start by learning tables, squares, cubes, and formulas, and ensure to revise them weekly.
- Take one mock CET exam, and analyze both your strong and weak sections.
- Utilize the option to toggle between sections by attempting the section where you score better first, as this will boost confidence during the weaker sections.
- Since there is no negative marking in CET, try to attempt as many questions as possible. Analyze your weaker areas and make a list of them.
- Ensure a clear understanding of concepts for topics causing difficulties by solving 5-10 questions daily. This will increase comfort and scores.
- Practice solving at least 10 abstract reasoning questions daily. This is the easiest and quickest section to clear, with 25 questions in CET based on abstract reasoning. With regular practice, this section can be cleared in 15 minutes with 95% accuracy.
- In the Verbal section, focus on being clear with grammar and vocabulary, with the main emphasis on speed. Practice one RC daily and aim to solve it in under 5 minutes.
- To improve speed in Quants and DI, learn Vedic Maths and shortcut tricks. Regularly revise formulas.
- For LR, practice 5-10 questions daily and one question of Seating Arrangement and Puzzles each.
- Continuously give sectional mocks to increase accuracy and once concepts have been completed, start taking full-length mocks. Analyze the first three mocks, set a strategy, and then focus on implementing it while solving all other available mocks. This will help improve speed, and accuracy, and build confidence.
By following these steps, one can effectively prepare for CET and gain admission into JBIMS.
I am 26 years old and I am getting admission to Chetna College for a full-time MBA. Should I take it or study for another year for IIM or JBIMS?
Before applying for an MBA program at any institution, be it Chetna College, IIM, or JBIMS, it is recommended that you take the following steps:
- Thoroughly review the college website and gather information from social media platforms, especially Quora, to understand the college's reputation.
- Ensure that the college you are considering offers a robust curriculum, experienced faculty, state-of-the-art infrastructure, and a strong track record of successful campus placements.
- Reach out to alumni who have completed the MBA program from the college to understand their experiences and career growth.
- Determine if financial institutions are willing to provide loans to support the cost of the MBA program, as students of reputable institutions usually do not face difficulties in securing bank loans.
- Visit the college campus to get a firsthand experience of the college environment and facilities. This step is extremely crucial.
How are JBIMS Mumbai placements in marketing?
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?
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)?
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.
I have poor graduation percentage, should I apply for JBIMS?
Graduation scores do carry a weightage during admissions at JBIMS but a very minor one. They are not the main criteria to focus on. CET is the most important factor that needs full attention. The candidate's profile is rated on various parameters.
|
Parameters |
Weightage |
|
CAT/MH-CET/ CMAT Score |
60 |
|
PAR (10th, 12th and Bachelor Marks) |
15 |
|
Extra-curricular/Work Experience |
20 |
|
Diversity |
5 |
|
Total |
100 |
The institute also considers past academic records for computation of Application Rating Score(AR). The cutoff for PAR is as follows:
10th: 60% or above
12th: 60% or above
As you can see little or no weightage is given to Graduation scores. So don’t let your low marks dishearten and discourage you. Rather focus on your CAT/CET.
How is the placement scenario of JBIMS for an MBA?
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.
Can a fresher at JBIMS get a salary above 14 lpa?
Yes, it’s quite possible for a fresher to land a package of 14 LPA or more. In fact, my sister's batch had many freshers that were offered the best profiles and highest packages. Your lack of work experience should not hinder your performance and talents. As a fresher you should
- Be extremely confident while answering any question
- Have a great extracurricular background
- Have clarity of goals and enough skills and knowledge to pursue them
- Not key your lack of experience take a toll on you
With the right mindset and performance even a fresher can get a good package at JBIMS.
Which is better among TISS HRM, and JBIMS MMS?
TISS offers one of the best HRM programs, rivaling that of XLRI HR, and has produced highly competent individuals in this field. If you have a strong passion for HR and are confident in your choice, TISS would be an excellent choice for you to pursue this specialization.
On the other hand, if you are uncertain about your career path, it may be advantageous to keep your options open. In this scenario, it would be best to choose a college that allows you to decide on your stream later, rather than committing to a specific specialization immediately. This approach has its own advantages and disadvantages, so it ultimately comes down to personal preference and what best suits your individual needs and goals.
Regardless of your choice, both TISS and JBIMS have top-notch individuals in all areas of management, so you can be assured that you will receive a high-quality education and have the opportunity to be mentored by skilled professionals.
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