Hi all,

This is Jamil Ansari, first year student of JBIMS, Mumbai
I am an engineer from Mumbai University and looking forward to specialize in Finance.
Well the main aim of this thread is to address all your doubts about JBIMS
So if you have any Questions/Queries for JBIMS do feel free to post here and I'll try my best to address them

You can also visit our website www.jbims.edu or mail at [email protected]

Looking forward to lotsa queries soon

Bye for now

Regards,
Jamil

Does JBIMS offer a part time MBA as well?/

can youthrow some light on the admission process, duration and placement scenario of the same ??

Hi Ramki,

Yes JBIMS do offer part time courses and there are 4 of them
Master of financial management (MFM)
Master of Marketing Management (MMM)
Master of Human Resource management (MHRM)
Master of Information Management (MIM)

All the above are 3 year courses

The eligibility for the above courses are

MHRM, MMM, MFM, MIM (Part Time)

All candidates satisfying the eligibility criteria have to appear for a Common Written Test (CWT), followed by a Group Discussion (GD).

The CWT is a multiple-choice objective test evaluating the aptitude in verbal ability, quantitative aptitude, logic, visual reasoning, reading comprehension and data interpretation.

The candidate is evaluated based on his performance in both the Common Written Test and Group Discussion.

The CWT this year was held in second week of January and the forms for the same were available in November

However from what I know this year the admission process was a bit delayed and normally forms are available and the CWT takes place much earlier. So watch out for announcements from September onwards.

The recent fee structure is as follows, however you can expect minor changes every year


MHRDM MMM MFM MIM
Year 1 Rs.17205 Rs.17205 Rs.17205 Rs.17205
Year 2 Rs.16350 Rs.16350 Rs.16350 Rs.23350
Year 3 Rs.16450 Rs.16450 Rs.16450 Rs.23450

For any more details about the part time courses do visit the jbims website www.jbims.edu and check out the admissions/courses sections

Also the MIM people have developed their own website www.jbims.net ,so you can even check out that for more details on a normal day of a Part timer

For any other info that u think i can provide do post on this thread

Regards,
Jamil

hi jamil,
i have some querry about JB..
whats teh total cost of studying at JB. ??tution fees??
do they have hostel facility?

and which specialisation in JB is famous?
arnab

Hi Ramki,

Yes JBIMS do offer part time courses and there are 4 of them
Master of financial management (MFM)
Master of Marketing Management (MMM)
Master of Human Resource management (MHRM)
Master of Information Management (MIM)

All the above are 3 year courses

The eligibility for the above courses are

MHRM, MMM, MFM, MIM (Part Time)

All candidates satisfying the eligibility criteria have to appear for a Common Written Test (CWT), followed by a Group Discussion (GD).

The CWT is a multiple-choice objective test evaluating the aptitude in verbal ability, quantitative aptitude, logic, visual reasoning, reading comprehension and data interpretation.

The candidate is evaluated based on his performance in both the Common Written Test and Group Discussion.

The CWT this year was held in second week of January and the forms for the same were available in November

However from what I know this year the admission process was a bit delayed and normally forms are available and the CWT takes place much earlier. So watch out for announcements from September onwards.

The recent fee structure is as follows, however you can expect minor changes every year


MHRDM MMM MFM MIM
Year 1 Rs.17205 Rs.17205 Rs.17205 Rs.17205
Year 2 Rs.16350 Rs.16350 Rs.16350 Rs.23350
Year 3 Rs.16450 Rs.16450 Rs.16450 Rs.23450

For any more details about the part time courses do visit the jbims website www.jbims.edu and check out the admissions/courses sections

Also the MIM people have developed their own website www.jbims.net ,so you can even check out that for more details on a normal day of a Part timer

For any other info that u think i can provide do post on this thread

Regards,
Jamil

hi jamil,
i have some querry about JB..
whats teh total cost of studying at JB. ??tution fees??
do they have hostel facility?

and which specialisation in JB is famous?
arnab

Hi Arnab

Here are the Answers to your Queries

1) Cost ?
The Tuition fees for 2004-05 (thats my first year) was Rs.34300/-
and we don't have any news that it will be changed drastically next time
So You can expect any figure between Rs.30000/- and Rs.40000/-. per year if u join the next batch.

Apart from the tuition fees you have to make contributions to the various Committees which comes around at max Rs.4000/- (and its only in the first year)

That leaves you with only the studying material which can cost you around Rs.2000/- for each semester (including Photocopies and a few reference books like Kotler or Brailey Myers)

To sum it up i have just concluded my first year (Hopefully... :P ) two days back and i havent spent more than Rs.40000/-.

2) Hostel facility?
There are two Hostels
1) J S Hall - Costs Rs.6000/- per year
2) I S Hall - Costs Rs.20000/- per year (both excluding meals)
both are bang opposite the Churchgate station (that is if u know Mumbai's geography..)

All Outside Maharashtra Students get Hostel facility in JS Hall
whereas the Outside Mumbai Students are first tried to be accomodated in JS Hall and then in IS Hall

Mumbai students don't get the hostel facility immediately however by the end of first year everyone one who wants the Hostel facility gets one.

The infrastructure of JS Hall is not great and in the first year u get triple sharing rooms (the rooms are big enough ) , however in the 2nd year u get either a single room or a double sharing.

IS Hall is comparatively better in terms of infra and also u get single rooms.

The best about both the hostels is their location u get to stay in this part of South Bombay for Rs.500 a month and u can have a walk after dinner on Marine Drive
What else can u ask for

3) Specialization
Well the break up of students in various streams normally is as follows
Finance - 45%
Marketing -45%
Systems, HR, Operations put together - 10%

So u can guess which specialisations are famous

The Reason for these specialisations being more favoured is the faculty

U will have Marketing thought by
Executive Director of Dabur,and by
Mr. Jagdeep Kapoor the God of small brands

while for fin u have people like
Senior VP of Sterlite
Head of Foreign Exchange of Development Bank of Singapore

and many others (these r the one's i remember off the cuff)
However the general perception about BAJAJ is that its best for Finance, but i think even Mark is equally good

I think this would have answered most of ur queries, but if u have any more please feel free to get back

Regards,
Jamil

hi jamillz,
thanx a lot for the info about the hostel and the costs...

i want a bit of suggestion now...
this year i have final calls from XLRI(PMIR) and NMIMS....
now i a fix to decide which to join...as for me i am a engg(metallurgy)working for the past 3 years in BARC(bhabha atomic reserach centre) in mumbai...so i dont have any orientation towards any specialisation as of now...

i have also my GD/Pi left for CET(targetting only JBIMS)...

what would you suggest...(which one should i join)??

since JB is famous for finance (as it is perceived by all)...and i dont have any background in finance or any exposure..will it be advisable for me to join JB if i get thru leaving out NMIMS/XLRI??coz the total fees for my MBA study will come out to be same considering JBs low fees...

and what salary do freshers (finance specialisation) get.....coz if i join JB then most probably i ll be taking up finanance (and one more thing..how is teh specialisation decided...is it open choice or based on ranks in first year??)

it would be better if u can tell me the take home salary..coz i m not too much confident on teh CTC thing....

and what r u specialising in??
and ur backgroung pls??

waiting for ur reply..

regards
arnab


[quote="A_R_N_A_B"]hi jamil,
i have some querry about JB..
whats teh total cost of studying at JB. ??tution fees??
do they have hostel facility?

and which specialisation in JB is famous?
arnab

[quote]

Hi Arnab

Here are the Answers to your Queries

1) Cost ?
The Tuition fees for 2004-05 (thats my first year) was Rs.34300/-
and we don't have any news that it will be changed drastically next time
So You can expect any figure between Rs.30000/- and Rs.40000/-. per year if u join the next batch.

Apart from the tuition fees you have to make contributions to the various Committees which comes around at max Rs.4000/- (and its only in the first year)

That leaves you with only the studying material which can cost you around Rs.2000/- for each semester (including Photocopies and a few reference books like Kotler or Brailey Myers)

To sum it up i have just concluded my first year (Hopefully... :P ) two days back and i havent spent more than Rs.40000/-.

2) Hostel facility?
There are two Hostels
1) J S Hall - Costs Rs.6000/- per year
2) I S Hall - Costs Rs.20000/- per year (both excluding meals)
both are bang opposite the Churchgate station (that is if u know Mumbai's geography..)

All Outside Maharashtra Students get Hostel facility in JS Hall
whereas the Outside Mumbai Students are first tried to be accomodated in JS Hall and then in IS Hall

Mumbai students don't get the hostel facility immediately however by the end of first year everyone one who wants the Hostel facility gets one.

The infrastructure of JS Hall is not great and in the first year u get triple sharing rooms (the rooms are big enough ) , however in the 2nd year u get either a single room or a double sharing.

IS Hall is comparatively better in terms of infra and also u get single rooms.

The best about both the hostels is their location u get to stay in this part of South Bombay for Rs.500 a month and u can have a walk after dinner on Marine Drive
What else can u ask for

3) Specialization
Well the break up of students in various streams normally is as follows
Finance - 45%
Marketing -45%
Systems, HR, Operations put together - 10%

So u can guess which specialisations are famous

The Reason for these specialisations being more favoured is the faculty

U will have Marketing thought by
Executive Director of Dabur,and by
Mr. Jagdeep Kapoor the God of small brands

while for fin u have people like
Senior VP of Sterlite
Head of Foreign Exchange of Development Bank of Singapore

and many others (these r the one's i remember off the cuff)
However the general perception about BAJAJ is that its best for Finance, but i think even Mark is equally good

I think this would have answered most of ur queries, but if u have any more please feel free to get back

Regards,
Jamil

Hi Arnab,

Before giving u any suggestion, I would request u to please let me know what will be your area of specialisation, coz this is one thing i have seen after joining a B-School that its not enough to join a "good" B-school but equally important to specialise in the area in which that school is known for, coz believe it or not companies do have some pre concieved notions about a school being good only for a particular specialization.

So do write that soon and will respond ASAP, however even without knowing anything i think the choice should be between XLRI and JBIMS coz i dont know if there is any parameter on which NMIMS beats either of these colleges.

As regards my background its there in the 1st post of this thread

Regards,
Jamil

hi jamilz,

ya missed ur intro at the start...now got it..

ok, for me if i join XL(which i am joining leaving out NMIMS), i ll be specialising in PMIR(personnel management and industrial relations)...thats the course for which XL is known and its teh best in Asia for that....

on the other hand, if and only if i get thru JBIMS, i ll be taking up finance....( DO LET EM KNOW IF TEHRE IS ANY FUNDA OF MAJOR AND MINOR SPECIALISATION.. in that case i ll take marketing as MINOR)

but i have one querry....since i am an engineer...so no exposure in depth towards finance ...will it be difficult for me to cope up there..coz there will be commerce guys who have good foundation on the same .....

since u r an engineer...u ll be able to tell more in this regards...any difficulties faced...etc...

waiting for ur reply..

arnab



Hi Arnab,

Before giving u any suggestion, I would request u to please let me know what will be your area of specialisation, coz this is one thing i have seen after joining a B-School that its not enough to join a "good" B-school but equally important to specialise in the area in which that school is known for, coz believe it or not companies do have some pre concieved notions about a school being good only for a particular specialization.

So do write that soon and will respond ASAP, however even without knowing anything i think the choice should be between XLRI and JBIMS coz i dont know if there is any parameter on which NMIMS beats either of these colleges.

As regards my background its there in the 1st post of this thread

Regards,
Jamil

Hi

Just to chip in Middle. engg background makes a perfectsense for fin as finance is all about logic and then mathmatical expression. so ifyou are an engineer, it makes a perfect fit. in fact majority of fin analysts at Mumbai are MBA + engg background. so just go for it

hi jamilz,

ya missed ur intro at the start...now got it..

ok, for me if i join XL(which i am joining leaving out NMIMS), i ll be specialising in PMIR(personnel management and industrial relations)...thats the course for which XL is known and its teh best in Asia for that....

on the other hand, if and only if i get thru JBIMS, i ll be taking up finance....( DO LET EM KNOW IF TEHRE IS ANY FUNDA OF MAJOR AND MINOR SPECIALISATION.. in that case i ll take marketing as MINOR)

but i have one querry....since i am an engineer...so no exposure in depth towards finance ...will it be difficult for me to cope up there..coz there will be commerce guys who have good foundation on the same .....

since u r an engineer...u ll be able to tell more in this regards...any difficulties faced...etc...

waiting for ur reply..

arnab




Hi Arnab,

I think I am a bit late in replying but still

1) Commerce guys having advantage.......

No Yaar not at all
The only advantage that they have is the introduction to accounting that they have
which i think an engineer can come up to their level in the first year itself
Also u should understand that in an MBA u r not groomed to be an accountant
Yes u do deal with Balance Sheets and Profit & Loss Statements but once u have done your MBA u will be entrusted with analyzing them rather than preparing the same.

My experience is that an Engineering guy can do better than Commerce guys in MBA coz according to me engineers are much more analytical which helps them in Financial Management.

So Don't worry at all

Just a live example
"In our first semester the Accounting paper was topped by an Engineer :o "

2) Does JBIMS has a Major Minor fundaa...........

No In JBIMS u can specialize in any ONE of the 5 available specializations
Finance
Marketing
Systems
Operations
HR
There are no Dual specializations

However the decision on specialization is to be taken just before the second year., So u have the entire first year to think about it

Within a Specialization u do have electives.

Regards,
Jamil

Hi jamil,

got ur reply..useful info for me..

thanx again..

had a few more querries..
i was going thru the alumni directory (2005 batch) and found that FInance ppl are most ly taken by banks...this year i guess Kotak mahindra, ICICI, SBi took major bulk...Indiabulls , SIDBI, UTI etc were there aslo..

can u give me the pay packages offerd by the cos. coming for finanace guys...

an engineer doing finance as specialisation..how much can he get..

and what was the highest ...median and lowest package in the finanace batch.....also give the companies...

PS: if u have any contact No...let me know...will give a ring..

regards
arnab

hi jamilz,

ya missed ur intro at the start...now got it..

ok, for me if i join XL(which i am joining leaving out NMIMS), i ll be specialising in PMIR(personnel management and industrial relations)...thats the course for which XL is known and its teh best in Asia for that....

on the other hand, if and only if i get thru JBIMS, i ll be taking up finance....( DO LET EM KNOW IF TEHRE IS ANY FUNDA OF MAJOR AND MINOR SPECIALISATION.. in that case i ll take marketing as MINOR)

but i have one querry....since i am an engineer...so no exposure in depth towards finance ...will it be difficult for me to cope up there..coz there will be commerce guys who have good foundation on the same .....

since u r an engineer...u ll be able to tell more in this regards...any difficulties faced...etc...

waiting for ur reply..

arnab




Hi Arnab,

I think I am a bit late in replying but still

1) Commerce guys having advantage.......

No Yaar not at all
The only advantage that they have is the introduction to accounting that they have
which i think an engineer can come up to their level in the first year itself
Also u should understand that in an MBA u r not groomed to be an accountant
Yes u do deal with Balance Sheets and Profit & Loss Statements but once u have done your MBA u will be entrusted with analyzing them rather than preparing the same.

My experience is that an Engineering guy can do better than Commerce guys in MBA coz according to me engineers are much more analytical which helps them in Financial Management.

So Don't worry at all

Just a live example
"In our first semester the Accounting paper was topped by an Engineer :o "

2) Does JBIMS has a Major Minor fundaa...........

No In JBIMS u can specialize in any ONE of the 5 available specializations
Finance
Marketing
Systems
Operations
HR
There are no Dual specializations

However the decision on specialization is to be taken just before the second year., So u have the entire first year to think about it

Within a Specialization u do have electives.

Regards,
Jamil

Hi Arnab

i was going thru the alumni directory (2005 batch) and found that FInance ppl are most ly taken by banks

I don't know how u were able to make out from the directory entries whether the person had taken Finance or Marketing or anything else
(its not specified there)

Its a wrong perception that banks pick up only Finance people,
Atleast in our insti i can tell u more than two thirds of the banks that visited picked up people from marketing also,

U would be surprised to see the aggressiveness of banks on the Marketing front

Similarly its a wrong perception that Fin people have only banks as an option

U will find finance people picked up by even the FMCG's

Then there are Consults, I-banks, Credit rating agencies, Equity research firms, Brokerages, even Pharma for that matter

So dont have any preconcieved mindsets

I think all the specializations have a lot of options (in terms of industries) to choose from and u do have lotsa companies who say the typical line "We are open to all streams"

In this respect i think the Consults are the perfect example
They look at all the streams




can u give me the pay packages offerd by the cos. coming for finanace guys...



Sorry yaar not possible to do that on such public forums

an engineer doing finance as specialisation..how much can he get..



There isnt any discrimination between an engineer and a commerce guy when it comes to pay packages

So if Company "X" decides to offer Amount "Y" and are open to both engineers and others

They will offer the same package of "Y" to all the picked up people be it engineer or Commy

Rather there are companies who only look at "Engineers" or only look at "Non engineers" depending on their requirement

so thats the only discrimination that happens

But i would say there are very few such companies

Normally companies are open to all.

So the answer is an engineer doing fin gets almost the same as a non engineer doing fin, he is not treated diffrently

and what was the highest ...median and lowest package in the finanace batch.....also give the companies...



Again the above answer holds

There is not much of a differnce between the highest, lowest and median of the batch and that of the fin people

Yaa even i had that misconception before joining JBIMS that Fin people are highly paid and all

But that isnt true

FMCG's (which are the major mark recruiters) are also very good paymasters

So u can take the highest, lowest and median figures of the batch as the corresponding figures for the fin batch +- 15-20k

will be sending my contact number by a private message

Chalo thats it for now

Regards,
Jamil

Thanx again jamil..

actually in the directory there is no mention of teh specialization..its true..but i did a bit of more work...went thru the students profiles...there the specialisation isgiven and then matched the corresponding name s in the database of directory....that gave the speciallisation and the company combination...i did see that fin coms picking up marketing ppl..

thanks for the no..
will give a ring sometimes...

regards
arnab



Hi Arnab

i was going thru the alumni directory (2005 batch) and found that FInance ppl are most ly taken by banks

I don't know how u were able to make out from the directory entries whether the person had taken Finance or Marketing or anything else
(its not specified there)

Its a wrong perception that banks pick up only Finance people,
Atleast in our insti i can tell u more than two thirds of the banks that visited picked up people from marketing also,

U would be surprised to see the aggressiveness of banks on the Marketing front

Similarly its a wrong perception that Fin people have only banks as an option

U will find finance people picked up by even the FMCG's

Then there are Consults, I-banks, Credit rating agencies, Equity research firms, Brokerages, even Pharma for that matter

So dont have any preconcieved mindsets

I think all the specializations have a lot of options (in terms of industries) to choose from and u do have lotsa companies who say the typical line "We are open to all streams"

In this respect i think the Consults are the perfect example
They look at all the streams




can u give me the pay packages offerd by the cos. coming for finanace guys...



Sorry yaar not possible to do that on such public forums

an engineer doing finance as specialisation..how much can he get..



There isnt any discrimination between an engineer and a commerce guy when it comes to pay packages

So if Company "X" decides to offer Amount "Y" and are open to both engineers and others

They will offer the same package of "Y" to all the picked up people be it engineer or Commy

Rather there are companies who only look at "Engineers" or only look at "Non engineers" depending on their requirement

so thats the only discrimination that happens

But i would say there are very few such companies

Normally companies are open to all.

So the answer is an engineer doing fin gets almost the same as a non engineer doing fin, he is not treated diffrently

and what was the highest ...median and lowest package in the finanace batch.....also give the companies...



Again the above answer holds

There is not much of a differnce between the highest, lowest and median of the batch and that of the fin people

Yaa even i had that misconception before joining JBIMS that Fin people are highly paid and all

But that isnt true

FMCG's (which are the major mark recruiters) are also very good paymasters

So u can take the highest, lowest and median figures of the batch as the corresponding figures for the fin batch +- 15-20k

will be sending my contact number by a private message

Chalo thats it for now

Regards,
Jamil

Hi,
Could you guide me when are the admissions starting for 2007 batch?
Also,
what study material should be referred for Written Test.

Thanks & Regards

Hi,
Could you guide me when are the admissions starting for 2007 batch?
Also,
what study material should be referred for Written Test.

Thanks & Regards

Hi there,

For the last 2 years CET ( the entrance test to get in to JBIMS ) is following this pattern:

Advertisements out in National Newspapers in January

CET ( Written Test ) - In Feb ( This yr it was on 27th Feb)

Written score was declared in 3rd or 4th week of March

GD/PI starts in the second half of May and goes upto early June

Provisional Results ( along with GD/PI score in Mid June)

Centralised Admissions in early/mid July

Final Allocations in Mid July

Session starts either in Late July or Early August

So you need to watch out for advertisments in Jan onwards.



The only difference between CET and CAT is the Visual Reasoning section.
So you can use the CAT prep material from any coaching classes + get a visual reasoning book.

Alternatively the almost all Coaching Insti's have tailor made CET prep courses so u can subscribe to any of them

Do get back in case of any other query

Regards,
Jamil

hi jamil
can u tell me wat% of seats r available for students outside maharashtra.

Jamil,
Thank you for the detailed response.

However, if I am right, u have talked about the admission process for FULL-TIME MBA at JB.

I am more keen on knowing about part-time at jbims. i.e whats the structure of entrance exam, when is the announcement made, what is the question pattern etc etc.

Please guide.

hi jamil
can u tell me wat% of seats r available for students outside maharashtra.

The Split up of seats for each category is

Mumbai University - 70%
Maharashtra State (Other than Mumbai) - 15%
Outside Maharshtra State - 15% ( without any reservations)

thats 18 seats out of the 120

Jamil,
Thank you for the detailed response.

However, if I am right, u have talked about the admission process for FULL-TIME MBA at JB.

I am more keen on knowing about part-time at jbims. i.e whats the structure of entrance exam, when is the announcement made, what is the question pattern etc etc.

Please guide.

I was a full time student, so have more info abt the Full time course

I think there are details abt Part time Admission process on the official website

Just check that once, incase of further queries will try and sort those out

Regards,
Jamil

hi,
would like to know the timings of part-time MMS conducted ,also.. the eligibility.Looking forward to appear CWT this year,would be glad if you let me know how best can i prepare for the WT and GD as i am already heading a family (pharma) business,dont have much time to attend prep classes.
regards,
Ketaki.

can any one throw some light on the subject

hi,
this is tanvi modi
i am new member an was looking for some help
i am in d 3rd year of bms(bachelor of mangement studies)
i am interested in doing an mba in finance after bms
but before doing so i want to learn more about equity and debt markets basically any course which would help me 2 upgrade my knowledge in finance.
so i was wondering if there are any short term courses offered in jbims??????

I want to know whether there will be new admissions in OCT 2008.

hi jamil,
this is yogesh puirsuing my mba in finance from YTIET college.it comes under mumbai university and its a new college.i am looking for finance notes for sem3.can u give me the site where i can get notes or mail me at [email protected]

hi,jamil
could u plz tell me if all jbims students are from an engg. background? i am presently working in a bpo and am a science student{biology graduate}. i wish to take up marketing as a specialisation and join the pharma industry.being from a non-maths background will it be difficult to catch up with the others at an institute like jbims?

Hey Jamil,
I have cleared my TYBcom exams this year=2008 and would like to join the =
part-time MFM course in JBIMS.
I would be highly obliged if you could answer my below mentioned queries.
- When is the CWT exam for the MFM be held this year?
- When will the forms be available for the same?
- For how many years is the course for?ie.MFM.
- Are there any reference books available for the CWT exam which will help =
us for the preparations for the same?
I would be really grateful if you could mail me at the earliest.
Thanking you in anticipation.
Yours sincerely,
Sneha Talreja

Hi Jamil nice to read about u.You r doing great job of clearing doubts of MBA aspirants.I want your advice.First of all I tell you about myself I am BE from Mumbai but I have done it in 10 years.I have work experience of around 2 years in IT field but from one company I was laid off.Now I am 32 years old.In short I have very bad academic and proffessional history and now I want to do something good I want to prepare for Jbims for full time course.My doubt is even if I do better in CET will JB give me admission or even after getting admission and complision of this course will companies give me job at age of 34 because all other my colleagues will be in age group of 25 To 30.What do u think shall I dream of JB or forget it.

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Hi jamil,

Can you guide me on which book is to be referred to for preparing for the internal exam i.e CWT for JBIMS, my exams are on 29th november 2009 have joined no classes and dont know where to start with would appreciate your help on the same do reply ASAP.