Jamnalal Bajaj Institute of Management Studies

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Jamnalal Bajaj Institute of Management Studies


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. 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.

1 Evolution
2 Campus
3 Final placements - 2006
4 Noted Alumni
5 External links

[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 Bajaj3

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
Entrepreneurship Cell: e-cell@jbims.edu

[edit] Final placements - 2006

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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