Jamnalal Bajaj Institute of Management Studies
From Wikipedia, the free encyclopedia
| Established | 1965 |
|---|---|
| Type | Education and Research Institution |
| Location | Mumbai (Bombay), Maharashtra, India |
Jamnalal Bajaj Institute of Management Studies (also referred to as JBIMS or Bajaj) is the Department of Management Studies of the University of Mumbai (Bombay) and is the third oldest business school in India after the Indian Institutes of Management in Calcutta and Ahmedabad.It is one of the leading business schools in India and has the advantage of being located at the heart of the commercial capital in India.
It is consistently ranked amongst the top 5 B-schools in the country in various surveys and rankings.
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[edit] History
An Institute founded in 1965, 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, where 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 going to present themselves on account of the new economic order.
The proximity of Bajaj with the commercial hub of India - Nariman Point serves as an added advantage. This translates into the symbiotic affiliation with the corporate magnets, equipping the students with business acumen to become tomorrow’s leaders.
JBIMS is in the process of scaling new heights in the management education having been ranked in Asia’s Top 25 business schools by Asia Inc.
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 practicing managers from diverse fields of management.
Besides the regular curriculum, the students are also 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.
[edit] Evolution
The vision that has inspired the basic philosophy and approach of JBIMS since its inception is that of management thinkers and philosophers deeply entrenched and firmly rooted in the Indian soil. A 2-year full-time MMS programme was thus launched with a view to develop competent high caliber management thinkers and practitioners for efficient running of Indian business and industry. The Institute believes that proper managerial perspective, search of excellence and efficient managerial action is possible by a person with managerial potential developed into a highly resourceful, enriched and stimulating mind through knowledge, skills and attitudes provided in the MMS course.
This has been the mission and central theme of JBIMS in its outlook and in launching various educational/research/development activities for advancement of management education.
[edit] Campus
The Institute is located in Mumbai, the commercial and financial capital of India.
Jamnalal Bajaj Institue of Management Studies Backbay Reclamation, Mumbai, India. Pin - 400020 Telephone Nos : +91 - 022 - 22024133 / 22024118 / 22025153
Placements Committee jbims@vsnl.com | placements@jbims.edu | jbplacements@gmail.com Web Committee (Webmaster) web@jbims.edu Alumni Committee alumni@jbims.edu Corporate Relations Committee crc@jbims.edu Strategym strategym@jbims.edu Catalyst Committee catalyst@jbims.edu
[edit] Final Placements - 2006
If placements are any indication of an institute’s recognition and success in the corporate world, then one doesn’t need a bigger evidence of the supremacy of Jamnalal Bajaj Institute of Management Studies, which has had 4 decades of an impressive track record of translating dreams into destiny. Placements at Bajaj this year have once again reaffirmed the faith that its widespread alumni and the industry have in the institute’s capability to churn out superior intellectual capital.
The highest salary offered on campus was 14 Lacs p.a., which is a jump from the highest salary of 9.35 lacs p.a. offered last year. The average salary was 8.17 lacs p.a., again an increase compared to the average of 7.04 lacs p.a. last year. The median salary was 8.25 lacs p.a.
The Who’s who of India Inc including McKinsey & Co, Accenture Management Consulting, TSMG, Bristlecone Consulting, IBM Consulting, HLL, Colgate Palmolive, ITC, Britannia, Perfetti, Dabur, Godrej Industries, Citibank, HSBC Bank, Standard Chartered Bank, ICICI Bank, Kotak Mahindra Bank, SBI, UTI Bank, ING Vysya Bank, SBI Capital Markets, IDFC, J P Morgan Chase, Adventity, Fractal Analytics. Hewlett Packard, Intel Corporation, Wipro, Infosys, TCS, Patni, MBT, Johnson & Johnson Medical, Bharti tele-ventures, ICICI Prudential, ICICI Lombard, Hindustan Times, Dupont and many more queued up to lay their hands on the “leaders of tomorrow”.
Here’s a snapshot of Final Placements for the Batch of 2006:
- Mc Kinsey & Co. recruited 2 students
- Sandstone Capital, a Hedge Fund made 1 offer
- Millionaires Club - More than 10% of the batch will start off with a 7 figure salary
- Banking and Financial Institutions alone recruited 37 % of the batch, with 51% of the Finance batch getting their dream profiles in this sector
- Sunrise sectors like Aviation, Insurance and Media saw significant representation on campus
- Intel Corporation, Dupont, IDFC, Bristlecone, Adventity, ING Vysya Bank, Hindustan Times, were first time recruiters at Bajaj
- Standard Chartered Bank made 7 offers including 2 PPO's
- 12% of the batch had already secured Pre Placements Offers and hence were not available for the companies
- Students showed preference for profiles over salary, a trend prevalent last year as well
- 7 students got lateral placements from companies like Intel Corporation, Johnson & Johnson Medical, IBM Consulting, Godrej Industries and Infosys Technologies, among others
Here’s the story sector wise:
Consulting
Consulting returned with a bang with Mc Kinsey & Co. recruiting 2 students. The sector saw a rise in the percentage intake with 10 students getting into the crème-de-la-crème of consulting companies.
- Mc Kinsey & Co, the world’s largest consultancy firm recruited 2 students
- Accenture Management Consulting made 3 offers while Tata Strategic Management Group and Bristlecone Consulting made 1 offer each
- IBM recruited 3 students for its Business Consulting Services practice
Banking & Financial Institutions'
Bajaj is traditionally known to be the hunting ground for top notch banking and financial services stalwarts. Banking and Financial Institutions continue to be the biggest recruiters, in congruence with the students’ preferences recruiting 37% of the batch of 2006.
- Sandstone Capital with its lone offer marked the entry of Hedge Funds at Bajaj.
- ICICI Bank emerged as the largest recruiter on campus in terms of number of students picked.
- Standard Chartered Bank made a total of 7 offers, including 2 PPO’s.
- The unassailable bond which Bajaj has with Citibank was further consolidated with the latter extending 2 PPI’s and making 2 final offers on campus for its coveted ‘Management Associate” Program
- HSBC bank which returned to campus after a year, made a total of 3 offers
- IDFC made its debut on campus and made 2 offers for niche profiles
- ING Vysya Bank visited campus for the first time and made 1 offer
- UTI Bank recruited 5 students
- ICICI Lombard, ICICI Prudential turned out to be big recruiters on campus
Other regular recruiters included State Bank of India, Kotak Mahindra Bank among many others.
FMCG'
The FMCG sector was well represented by regulars like HLL, ITC, Colgate Palmolive, Britannia, Dabur, Godrej among many others.
- HLL recruited 1 student for its Business Leadership Training Program
- Coca Cola made 1 Pre Placement Offer
- ITC made 2 offers to the Marketing Batch
- Colgate Palmolive made 1 offer
- Britannia made 1 offer in Sales & Marketing
- Dabur, the fastest growing FMCG recruited 2 students
- Perfetti returned to campus after a considerable gap and recruited 1 student
Information Technology
HP, Intel Corporation, Wipro, Infosys, TCS, MBT, Patni name the company in the sector and it was there.
Others
Others included sunrise sectors like Pharma, Aviation, Media and companies like Titan, Dupont.
- Dr. Reddy’s made a Pre Placement Offer to the only doctor in the batch
- Johnson & Johnson Medical made a lateral offer
- Air India recruited 2 students from Bajaj offering 12.35 Lacs p.a.
- Hindustan Times recruited 2 students to fuel its future growth in new businesses.
- Dupont in its first visit to campus made 1 offer
[edit] Noted Alumni
'JBIMS has over 2500 alumni who are at the helm of corporations all over the world
Some alumni who have become leaders in their respective fields are
- Harish Manwani, Chairman of HLL, India, President (Asia and Africa) of Unilever
- Mani Ratnam, One of India's most talented and celebrated cine directors
- Prem Mehta, Chairman and Chief Executive Officer of [[Lowe Lintas], India
- Lalitha Gupte Joint Managing Director ICICI Bank, India
- Homi Mulla
- Sam Balsara, Chairman & Managing Director - Madison Communications
- Rohit Deshpande, Sebastian S Kresge Professor of MarketingHarvard Business School
- Abhiram Seth, Executive Director PepsiCo Holdings, India
- Chanda Kocchar, Executive Director ICICI Bank, India
- Subrata Mukherji, Chief Executive Officer ICICI Securities, India
- Pradeep Pant, President Asia Pacific Gillette, Singapore
- Vineeta Bali, Managing Director Britannia Industries, India
- Sanjay Lalbhai, Managing DirectorArvind Mills, India
- Ajay Piramal, Chairman and Managing DirectorPiramal Enterprises, India
- Uday Kotak, Chairman and Managing DirectorKotak Mahindra Bank, India
- Vidyut Arte, Executive DirectorCadbury, India
- Nitin Ghadiyar, Executive Director, Dabur.
- Jagdeep Kapoor, Chairman, Samsika Marketing Consultants.
- S V Prasad, CEO, Birla Sunlife Insurance
- Noshir Kaka, Partner, Mckinsey & Company [India]
- Rohit Deshpande, Sebastian S. Kresge Professor of Marketing, Harvard Business School
- Sanjeeb Chaudhuri, Chairman & CEO, Central & Eastern Europe, Global Consumer Group, Citibank
Disclaimers - The list is in no specific order, its just indicative and not exhaustive, its currently under updation
