MBA

Jamnalal Bajaj Institute of Management Studies, Mumbai

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Mumbai University's management department, called the 'CEO factory'. Offers one of India's best ROI MBAs (MMS) with fees under Rs 10 lakh.

Mumbai (Maharashtra)

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Jamnalal Bajaj Institute of Management Studies, Mumbai
Year of Establishment1965
TypeGovernment-aided autonomous (University of Mumbai)

Overview

Mumbai University's management department, called the 'CEO factory'. Offers one of India's best ROI MBAs (MMS) with fees under Rs 10 lakh.

Established
1965
MMS seats
160
Fees
~Rs 8.34 L total
Avg package
~Rs 26.48 LPA

Courses & Fees

MMS (MBA equivalent)

2 yrs

Seats 160

Eligibility Bachelor's 50% (45% reserved) + MAH-MBA CET / CAT / CMAT

Fees ~Rs 8.34 L total

M.Sc. Finance

2 yrs

Seats 42

Eligibility Bachelor's + CAT/MAH-CET

Fees ~Rs 6 L

MHRD

2 yrs

Seats -

Eligibility Bachelor's

Fees ~Rs 7 L

Part-time MMS / PhD

3 yrs

Seats -

Eligibility Working professionals / PG

Fees Nominal

Cutoffs

Exam / CategoryCutoff
MMS - MAH-CET (General)99.93 - 99.99 percentile
MMS - CAT (All-India)96+ percentile
OBC (MAH-CET)~99.81 percentile
SC (MAH-CET)~99.51 percentile
M.Sc FinanceCAT 95+ / MAH-CET 97+

Admission

  1. State seats: MAH-MBA CET -> DTE Maharashtra CAP rounds (no GD/PI).

  2. All-India seats: CAT/CMAT scores via CAP.

Placements

  • 2025 final (MMS): highest ~Rs 55.6 LPA; average ~Rs 26.48 LPA; median ~Rs 26.15 LPA; 100% placed; 65+ recruiters.
  • Sector split: BFSI 42%, Tech 18%, Consulting 16%, Mfg 12%, FMCG 8%.
  • Recruiters: Goldman Sachs, McKinsey, BCG, J.P. Morgan, HSBC, HUL, P&G, Amazon, Microsoft.

Campus Life

  • South Mumbai location near Nariman Point business district
  • No in-house hostel (limited University hostel seats)
  • Committees: Placement, E-Cell, CSR, Alumni; fest: Nexus; 40,000+ book library
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