Jamnalal Bajaj Institute of Management Studies
Established | 1965 |
---|---|
Director | Dr. Chandrahauns R. Chavan |
Location | Mumbai, Maharashtra, India |
Nickname | JB or Bajaj |
Website |
www |
Jamnalal Bajaj Institute of Management Studies (also referred to as JBIMS or JB or just Bajaj) is the Department of Management Studies of the University of Mumbai (Bombay), named after noted industrialist and philanthropist, Jamnalal Bajaj.[1] It is known for its post-graduate management programme (Masters in Management Studies, equivalent to an MBA) and is one of the best business schools in India, consistently ranking among the top 10. Owing to the extensive list of its alumni who've reached top positions in various MNCs, it is also known as the 'CEO Factory'.[2][3][4]
History
JBIMS was established in 1965 by the University of Mumbai in collaboration with the Graduate School of Business, Stanford University. JBIMS is considered to be unique in management education as it is firmly rooted in the local soil and capable of articulating the Indian ethos. In the contemporary era, when globalization and liberalization are the buzz words, the institute has (without disturbing the said roots) ordered itself to meet the emerging challenges, sentiments and opportunities that are coming with the new economic order.
Reputation and objectives
The major objective behind the JBIMS is to evolve an indigenous model of management education in tune with the contemporary demands of the Indian and the global environments. JBIMS has been rated among the top 25 business schools in the Asia-Pacific region and has been consistently ranked among the top 10 business schools in India.
The proximity of Bajaj with the commercial hub of India — Nariman Point — is an added advantage. This translates into the symbiotic affiliation with the corporate magnets, equipping the students with business acumen to become tomorrow’s leaders.
The institute has full-time faculty in the core management disciplines and the functional areas of management. The institute also has a panel of eminent management experts and senior practising managers from diverse fields of management. The B-School offers full- and part-time programmes in management
Besides the regular curriculum, students are involved in co-curricular activities like inter business school competitions, research projects conducted by the institute and are constantly interacting with the industry, thus strengthening their practical orientation and developing themselves into future business managers.[5]
Programmes
JBIMS offers full-time MBA programme. In addition to MMS, the institute offers full-time course of Masters in Finance (MSc Finance), part-time courses and a doctoral PhD programme. In addition to the regular academics, guest lectures are organised from time to time.
MMS
MMS [MBA] Masters in Management Studies is the flagship course of Jamnalal Bajaj Institute of Management Studies, conducted as a university department of University of Mumbai. It is a two-year full-time post-graduate degree course in management with 120 students. Started as early as 1965, the course has been modified continuously and appropriately to suit the contemporary corporate world needs and has been able to nurture prominent leaders of the same. The institute offers specialisations like Finance, Marketing, Personnel, Operations and Systems in the second year of the MMS course.
JBIMS select candidates for this course based on the entrance exam conducted by Maharashtra state (DTE) for MBA/MMS/PGDM courses.
MSc Finance
MSc (Masters of Science) in Finance course is structured to deliver a strong foundation in the principles and practice of finance. The objective is to help individuals enhance their effectiveness in finance. The MSc Finance course is designed to combine rigorous academic work with real-world relevance and practical application to ensure that content is intellectually demanding while being related to the practical world of finance.
JBIMS select candidates based on Maharashtra MBA-CET entrance score or CAT score and GD/PI score.
For NRI students, GMAT score will be accepted.
MBA part-time
JBIMS offers part-time courses in MHRDM (Master in Human Resource Development and Management), MMM (Master in Marketing Management), MFM (Master in Finance Management), MIM (Master in information Management).
Doctoral programme
The doctoral programme has facilitated substantial research and has produced several successful Ph.D. recipients. They have contributed extensively to a number of contemporary and relevant areas.
Campus
JBIMS enjoys an advantage of being in the heart of Mumbai, the commercial capital of India. Being in South Mumbai, where many the financial companies' headquarters are, it attracts senior management from the corporate world as guest faculty.
Mumbai University has allotted 1.77 acres land at its Kalina Centre for the new campus of Jamnalal Bajaj institute. The trianglular shaped campus will come up near the Vakola entrance gate on Hans Bhugra Marg and will be a short distance from BKC, Mumbai's new finance hub.
The campus will house the administration block and academic block whereas student accommodation, sports facilities and other campus infrastructure will be shared with the existing facilities at Mumbai university-Kalina Centre.
The cost of construction of the new campus is estimated at Rs.150 crores of which the alumni of JBIMS have already raised 85 crores and is expected to be ready by A.Y. 2017-18.
Rankings
Jamnalal Bajaj Institute of Management Studies has been consistently ranked in the list of the top 10 business schools in India. [6] Economic Times has ranked it at No. 9 in India.[7] The top notch companies line up here to attract talent.[8]
Notable alumni
- Vinita Bali, Managing Director of Britannia
- Lalita D. Gupte, Chairperson ICICI Venture Funds Management Company
- Siddharth Roy Kapur, CEO of UTV Motion Pictures, 1997[9]
- Chanda Kochhar, Managing Director & CEO, ICICI Bank, India[10]
- Uday Kotak, Chairman and Managing Director, Kotak Mahindra Bank, India [11]
- Suresh Kumar, Assistant Commerce Secretary for Trade Promotion and Director-General of the U.S. Foreign Commercial Service
- Harish Manwani, Global COO, Unilever PLC
- Nitin Paranjpe, CEO and Managing Director, Hindustan Unilever Ltd.[12]
- Ajay Piramal, chairman of Piramal Healthcare
- Mani Ratnam, acclaimed Indian filmmaker
- Harish Bhimani, renowned voice over artist
- Sanjay Lalbhai, MD and CEO, Arvind Mills
- Paresh Sukhtankar, Deputy MD, HDFC bank
- Sam Balsara founder, chairman and managing director of Madison World and Madison Communications
- Kalpesh Ojha, CFO, Aspire Home Finance Corporation Limited
- Noshir Kaka, MD, McKinsey India [13]
- Boman Moradian, Director, Essel Propack Ltd.
- Arun Sehgal, President, The Chempro Group.
- Sandeep Gokhale, President, JSW Steel Ltd.
- Satish Modh, Director of Vivekananda Education Society Institute of Management, Mumbai [14][15]
References
- ↑ http://www.jbims.edu/Attachments/JBIMS_profile%202011%20-%202012.pdf
- ↑ "Cradle of CEOs". telegraphindia.com. Retrieved 28 July 2016.
- ↑ "Introducing – Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | InsideIIM.com". insideiim.com. Retrieved 28 July 2016.
- ↑ "JBIMS: The CEO Factory - Moneycontrol.com". moneycontrol.com. Retrieved 28 July 2016.
- ↑ "Jamnalal Bajaj Institute of Management Studies". jbims.edu. Retrieved 28 July 2016.
- ↑ "India's Best Business Schools & Colleges, Top Management Colleges in India, Top Rank MBA Colleges and Institutes in India - Business Today". businesstoday.intoday.in. Retrieved 28 July 2016.
- ↑ "ET Business school ranking: The Top 50 - timesofindia-economictimes". articles.economictimes.indiatimes.com. Retrieved 28 July 2016.
- ↑ "JBIMS completes final placements for batch of 2014 | Business Standard News". business-standard.com. Retrieved 28 July 2016.
- ↑ "Another GenNext Kapur family finds feet in Bollywood". The Economic Times. 20 November 2010. pp. 1–2. Retrieved 15 June 2013.
- ↑ "ICICI Bank : About Us : Director's Profile : Mrs. Chanda Kochhar, MD & CEO". icicibank.com. Retrieved 28 July 2016.
- ↑ "B-School Profile: Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai". careeranna.com. Retrieved 28 July 2016.
- ↑ Hindustan Unilever Limited
- ↑ "Noshir Kaka | McKinsey India | McKinsey & Company". mckinsey.com. Retrieved 28 July 2016.
- ↑ "Union Budget: Funding is not enough, implementation is the key, say educationists - Times of India". The Times of India. Retrieved 7 April 2016.
- ↑ "Every student is motivated by marks: Prof. Dr. Satish Modh, Vivekanand Education Society's Institute of Management Studies and Research | Freepress Journal". www.freepressjournal.in. Retrieved 7 April 2016.
- Career Launcher. "Best B Schools in India Business Schools in India Best BBA Institutes in India". careerlauncher.com. Retrieved 28 July 2016.
External links
Coordinates: 18°54′32″N 72°48′44″E / 18.9089°N 72.8123°E