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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.
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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.
If you are in the 6th semester you can eligible for placement I mean campus placement, so many days if you haven't selected for one you can give it another try, the highest is like 13 to 18 LPA average is around 7 to 10, almost 72 90% student get placement in the campus remaining students apply for themself.
The placements at JBIMS are great and they can be compared with IIM BLACKI / FMS / XLRI / IIFT / MDI. Due to the small batch size JBIMS is able to place 100% of its batch during the placement week. The sector-wise offers are 38% BFSI & IB, 21% Consulting, 19% Technology & E-Commerce, 9% FMCG & Pharma, 7% Conglomerates & Mfg, and 6% others. JBIMS attracts various big firms such as McKinsey, PwC, IBM, HUL, Nestle, P&G, Tata Steel, Reliance, Amazon, JPMC, etc to name a few. The Highest package was 34.36 lakhs and the average package stood at 22.84 lakhs for the MMS Batch of 2020. The students are eligible for final campus placements after completing the summer internship which happens after the 2nd semester.
The students get the opportunity to sit for the final placement in the final year of this course, the placement process generally starts in the month of December end and is continued. Various companies had come for finals such as amazon, Pepsico, capgemini, HDFC, himalaya, Bajaj finserv, ICICI, Infosys, IBM, JSW, JP Morgan. There were 65 companies participating in the final placements with the highest CTC of 34.36LPA, and a median of 22LPA. The college has been able to place 100% of students in the finals.
Due to its small batch size and industry presence, everyone gets placed in the college. During the placement week, more than half of the batch gets placed in good brands with a high CTC. As JBIMS is known for finance, almost 40% of the batch gets placed in the financial domain with the likes of companies such as Bajaj Finserv, Citibank, HSBC, JPM, JPM&C, ICICI Bank, Axis Bank, Kotak Mahindra, etc. followed by marketing and operations in companies such as HUL, Nestle, Abbott, MetLife, Reliance Industries, P&G, Colgate, Xiaomi, Airtel, etc. The highest package was 34.36 LPA while the average CTC and mean CTC was 22.84 LPA and 22.00 LPA respectively for the MMS Batch of 2018-2020.
The placement numbers have risen considerably even amidst the pandemic and the 2020 figures suggest that the Average salary is 22.84LPA. While the highest is 34.36LPA. Also, there were over 60 PPOs received by the batch.
All activities are student driven and various committees ensure smooth functioning of the college.
Jamnalal Bajaj Institute of Management Studies, JBIMS is a prestigious business school that has four major advantages. These return on investment, alumni network, location, and faculty.
Return on investment is a key factor that sets JBIMS apart from other institutes. You can complete the entire course by paying only 2-3 lakhs, and the average placement is around 18 LPA.
JBIMS is located in Mumbai, a city that is home to many corporate headquarters. This makes it convenient for students to interact with top companies and increase their chances of getting a good placement.
The faculty at JBIMS consists of industry experts who have extensive knowledge and experience in top management positions. They provide students with an invaluable opportunity to learn from their experiences and expertise.
JBIMS has a strong alumni network, which is one of its defining characteristics. As one of the oldest institutes in the country, JBIMS has a vast network of alumni who are well-established in their careers. However, one area where JBIMS lags behind is infrastructure.
The current campus building is old, but there are plans for a campus renovation and JBIMS has been allotted land near Kalina. In the near future, this factor is expected to be overcome. In conclusion, JBIMS is a top-notch institute with several advantages, and if the infrastructure is ignored, it would receive a 5/5 rating.
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.
You will find that student life at JBIMS is enjoyable. It is an extension of the fast-paced and energetic lifestyle in Mumbai. The experience you have at JBIMS will depend on what you hope to gain from it and what you hope to achieve.
One of the biggest advantages of studying at JBIMS is access to some of India's top business minds through visiting faculty. Building a strong relationship with your corporate mentor can help you quickly understand the connection between what you are learning in the classroom and how it applies in the real world.
To make the most of your time at JBIMS, it is recommended that you become a part of JBIMS committees, such as Placecom and Corporate Communications. This is an excellent opportunity to take on additional responsibility and to meet and learn from seniors and alumni. By embracing these opportunities, your student life at JBIMS will be incredibly rewarding.
Both SP Jain and JBIMS are highly reputable, but objectively speaking, SPJIMR should be the preferred choice between the two. Its selection process is highly unique, based on profile and fit, and extremely thorough. The school thoroughly evaluates if a candidate matches its culture and academic standards. It is recommended to visit the SPJIMR campus for the interviews. The social integration through the DOCC and Project Abhudaya programs helps to produce well-rounded leaders. Placements at SPJIMR are also noteworthy, so be sure to review their placement reports.
In conclusion, if you do not have experience with A, B, C, L, FMS, and XL, then SPJIMR is the ideal campus for pursuing an MBA.
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