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JBIMS : The CEO Factory of India

JBIMS Mumbai: CEO Factory of India


Situated in the financial capital of India, Mumbai, Jamnalal Bajaj Institute of Management Studies (JBIMS) will surely come into conversation when the best B schools in India are being discussed. As glorious as the institute itself is, so are the future leaders it makes, it would not be criminal to say that JBIMS Mumbai is indeed the CEO factory. It is a constituent college of University of Mumbai offering full-time specialization in the MMS program.

History of JBIMS

Since its existence in 1965, JBIMS has continued to produce excellent managers. JBIMS is one management institute that has truly lived up to its motto of setting new and higher standards in the field of business management. It has maintained its position at 4 in the list of top 10 Indian B schools. Being older than 50 years, JBIMS has seen the business era change and thus hosted and trained many of the notable business leaders in India and abroad. JBIMS has a remarkable reputation when it comes to top management recruiters in India. So much so, that the JBIMS seniors joke that even if a student does nothing in 2 years, they would still earn more than 18 lakh a year.

Location of JBIMS

JBIMS is situated in the best location of Mumbai, Churchgate, imagine waking up in a hostel with a view of the sea! More than that, Jai Hind College, which is home to most Bollywood celebrities in India is just a 2-minute walk from JBIMS. With colleges like Seydenham and Jai Hind around, you will meet and associate with the best crowd in Mumbai. 

Other than that, Mumbai is home to some of the top companies of India, such as RIL, Tata. Companies have a priority of visiting their home state first, thus getting an opportunity to sit in the placement processes of such companies would be a cakewalk when you are in JBIMS.

As you are in Mumbai, home of the Bombay Stock Exchange, this will be the highlight if you aim for a management career in finance or to be one of India`s top investors. If you aspire to be an entrepreneur, Mumbai hosts investor conclave almost every week, you will have the opportunity to pitch your idea to many people almost every week. 

An add-on to all this is, that with JBIMS, you can live in this posh area of Mumbai for less than INR 5,000 for a year, if you were to get the same locational advantage by other means, it would be at least INR 2,00,000 a month since JBIMS fees are very less. 

JBIMS Admission

Now we come to one of the main reasons why JBIMS got its name, “The CEO Factory of India”, unlike premier B schools of India which have an intake of 300-500 students, JBIMS only takes 120 students.

Due to their rigorous admission process, only the best of the best scorers of CET make it to the selection round and even lesser to the final selection. Thus, your interaction is with the best of the best. So, it Is not just faculty but the company of students that invoke this sense to do better and instils the values of a true leader.


Industry experts from various domains and guest faculty keep pushing the students to do better and better. As these are professionals who know the industry inside out encourage and make sure that students take up real-time projects and work on industry-related problems from the very initial days of their management career.

The faculty has a greater role to play in the nurturing of management trainees and make sure that they get the best internships and train them in such a way that they can easily get their Pre-Placement Offers converted.

JBIMS Placements

Now comes the most important reason for any student to enrol themselves into an MBA program, PLACEMENTS!!!! 

Along with the juicy packages touching 20 lakhs, some of the top recruiters like ICICI, Coke, Pepsi reliance visit the campus offering roles such as Consultancy, Project Manager, Financial Manager, etc.

The rate of promotion is also good for JBIMS Alumni, people are known to get into high-paying roles such as CEO and other high managerial positions at the very early years of their career.

As placements and recruitments take place on a network basis as well, once a student is from JBIMS, getting a referral for a job switch is also very easy.

Alumni Network of JBIMS

As stated earlier JBIMS has a fabulous alumni network comprising of top CEOs and Managing Directors of many of the top corporations of India, which is more than significant proof that JBIMS is indeed the CEO factory.

Here are some of the notable alumni of JBIMS:

1. Uday Kotak

Uday Kotak, the executive vice-chairman and managing director of Kotak Mahindra Bank started his bank when there was an economic slowdown in India in the early 1980s. Today he is a multi-billionaire banker.

2. Ajay Parimal

Ajay Parimal, the director of the conglomerate Parimal Group which includes pharmaceuticals, financial services, real estate, healthcare as some of their avenues is an industrialist having his net worth in billions.

3. Siddharth Roy Kapur

Siddharth Roy Kapur is a famous Indian movie producer, managing director, and founder of Roy Kapur Films, and he is also appointed as the President of the Producers Guild of India.

4. Vinita Bali

Vinita Bali held the designation of Managing Director of Britannia Industries Limited.

5. Lalita D. Gupte

Lalita D. Gupte is a notable figure when it comes to the banking and financial services sector of India. She was the Joint Managing Director of ICICI bank formerly.

6. Chanda Kochhar

Chanda Kochhar held the position of the MD and CEO of the ICICI bank till 2018.

7. Mani Ratnam

Gopala Ratnam Subramaniam, also known as Mani Ratnam is an Indian movie director, screenplay writer, and film producer who makes Tamil films.

8. Harish Manwani