JBIMS Placements: Average Package, Highest Package, & Top Recruiters
JBIMS placement reports for the MMS program have been announced. JBIMS proudly shows its outstanding achievement of 100% Summer Placements for the Batch of 2024โ2026. This year, JBIMS MMS students secured international internships in a wide variety of roles across all domains, reflecting the diverse opportunities available to the students.
Key Highlights: The Jamnalal Bajaj Institute of Management Studies maintains its position as “The CEO Factory” as it has once again demonstrated its excellence with summer placement results for the Master of Management Studies (MMS) Batch of 2024-2026.
- Average and Highest Package: The highest stipend offered in JBIMS placements for 2024-26 is Rs. 4.40 Lakhs, and the median stipend is Rs. 2.32 Lakhs.
- Diverse Opportunities: JBIMS internship placements gave students diverse opportunitiesย across sectors, such as Banking and finance (31%), FMCG and pharma (26%), Consulting (17%), and Manufacturing and conglomerates (12%).
- Top Recruiters: Leading corporates participated in the placements, such as McKinsey & Company, Boston Consulting Group (BCG), Deloitte, PwC, KPMG. Some banking companies, like ICICI Bank, HDFC, Axis Bank, Citibank, HSBC, & Morgan Stanley selected many candidates. Some students got offers from FMCG companies, like Hindustan Unilever, P&G, L’Orรฉal, and GSK.
- Reinforced Excellence: JBIMS is reputed enough now as a preferred destination for recruiters seeking skilled professionals.
JBIMS Placements Report: MMS Batch 2024-26
The summer internship details for the MMS batch 2024-26 is as follows:
Particulars | Internship Placements Statistics |
Participating Students | 158 |
Gender Distribution | 75% Male, 25% Female |
Highest Stipend | INR 4.40 LPA |
Average Stipend | INR 2.32 LPA |
Participating Companies | 55 |
First-time Recruiters | 10 |
Major Sectors | BFSI, FMCG and pharma, Consulting, Manufacturing & IT |
Top Recruiters | McKinsey & Company, Boston Consulting Group (BCG), Deloitte, PwC, KPMG, ICICI Bank, HDFC, Axis Bank, Citibank, HSBC, Morgan Stanley, Hindustan Unilever, P&G, L’Orรฉal, and GSK, etc. |
Sector-wise Distribution of JBIMS Placements (MMS Program)
The placement offers for JBIMS MMS batch 2024-26 came from various sectors of industry. The BFSI sector leads the pack with 31% of the total placements.
-
Banking, Financial Services & Investment Banking (31%)
BFSI sector is leading the placement chart of Jamnalal Bajaj management courses. BFSI captured nearly one-third of all offers, showing JBIMS’s reputation as a finance powerhouse. This sector’s prominence reflects Mumbai’s status as India’s financial capital and JBIMS’s strategic location advantage.
-
FMCG & Pharma (26%)
The second-largest sector, FMCG & Pharma, contributed over a quarter of all placements, showcasing the diverse career opportunities available to JBIMS graduates.
-
Other Key Sectors:
The percentage of offers made in various other sectors during the summer internship placement at JBIMS are as follows; Consulting, with 17%, maintains strong presence with nearly one-fifth of placements. Manufacturing & Conglomerates (12%) reflecting India’s industrial growth and a high demand of skilled workforce. Another sector is IT & E-commerce with 10% placement offers and miscellaneous offers come at 4%.
Other program placements from JBIMS:
- The highest and average packages offered during JBIMS MSc Finance placements 2023 were INR 27 LPA and INR 21.36 LPA, respectively. In addition, the median package offered during JBIMS MSc Finance placements 2023 stood at INR 21 LPA.
- Moreover, the highest and average stipend offered during JBIMS MSc Finance summer placements for the 2022-24 batch stood at INR 2.5 lakh and INR 85,300, respectively.
JBIMS Placement Report: MMS Batch 2025-27
The profiles of the 2025-27 batch are diverse and experienced from different demographics.
Demographics
-
Total Participating Students: 158
-
Gender Distribution: 75% Male, 25% Female
-
Average Work Experience: 15.32 Months
Educational Background
The incoming batch brings diverse academic perspectives and backgrounds, with Engineering being the largest at 49%, along with Management 20%, Commerce 18%, and Others 13%.
Work Experience Distribution
The candidates who got placement offers at JBIMS have different work experience, as follows;
-
0-12 Months: 56% (including fresh graduates)
-
13-24 Months: 14%
-
25-36 Months: 14%
-
37+ Months: 16%
This experience distribution indicates a healthy mix of fresh talent and seasoned professionals, enriching the classroom learning environment.
Know more: IIM Nagpur Placements Average Package, Highest Package, Top Recruiters
Sector-Wise Top Recruiters inย JBIMS Summer Internship Placementsย
JBIMS MMS placements for 2024-26 has distinguished recruiter portfolio where an impressive line-up of corporates across various sectors offered huge internship opportunities to the students. It also included 10 first-time recruiters, which demonstratesย the institute’s expanding industry network.
Some of the top recruiters that made offers in various sectors and the job roles offered by them are as follows:
JBIMS Placement Report: 2023 vs. 2024
The key highlights of JBIMS MMS placements of 2024 as compared to 2023 are presented below:
Particulars | MMS Placement Statistics (2023-25) | MMS Placement Statistics (2024-26) |
Highest stipend | Rs. 4.5 LPA | Rs. 4.40 LPA |
Average stipend | Rs. 2.27 LPA | Rs. 2.32 LPA |
Median stipend | Rs. 2.40 LPA | Rs. 2.20 LPA |
Total recruiters | 50+ | 55+ |
New recruiters | 13 | 10 |
PPO / PPI offered | 65 | 132 |
Top recruiting sector | BFSI & IB (28% offers) | BFSI & IB (31% offers) |
JBIMS Placements 2024: Average Package, Highest Package, Top Recruiters
Earlier, the highest and average package offered during JBIMS MMS placements 2023 stood at INR 35.75 LPA and INR 28.02 LPA, respectively. Further, more than 55 recruiters visited the campus, and 132 PPOs were offered during Jamnalal Bajaj Institute of Management Studies MMS placements in 2023. Moreover, we are waiting for the official release of the JBIMS Placements 2024 report.
The highest and average packages offered during JBIMS MSc Finance placements 2023 were INR 27 LPA and INR 21.36 LPA, respectively. In addition, the median package offered during JBIMS MSc Finance placements 2023 stood at INR 21 LPA.
Besides this, the highest and average stipend offered during JBIMS MMS summer placements for the 2022-24 batch stood at INR 7.93 lakh and INR 2.26 lakh, respectively.
Moreover, the highest and average stipend offered during JBIMS MSc Finance summer placements for the 2022-24 batch stood at INR 2.5 lakh and INR 85,300, respectively.
JBIMS MHRD Summer Internship Placements 2025 Report
The summer internship details for the MHRD batch 2023-25 is as follows:
Particulars | Internship Placements Statistics |
Batch Strength | 30 |
Highest Stipend | INR 4 LPA |
Average Stipend | INR 82.1K |
Roles Offered | HR Business Partner, Industrial Relations, Compensation & Benefits, Learning & Development, etc. |
Major Sectors | BFSI |
Top Recruiters | Adani, Amazon, AON, Aster, Bajaj Capital, Capgemini, etc. |
JBIMS MHRD Summer Internship Placements: Sector Wise
The percentage of offers made in various sectors during the summer internship placement are as follows:
The majority of the offers were made in the BFSI sector with 33% of total offers, followed by Manufacturing with 15% of total offers.
JBIMS MHRD Summer Internship Placements: Roles Offered
Some of the roles offered to the MHRD batch 2023-25 during the summer internship are as follows:
HR Business Partner | Industrial Relations |
Compensation & Benefits | Learning & Development, etc |
Diversity, Equity & Inclusion | HR Analytics & Tech |
Talent Acquisition | Talent Management |
Know more :ย IIM Nagpur Placements Average Package, Highest Package, Top Recruiters
JBIMS Summer Internship Placements 2024 Report
Particulars | Internship Placements Statistics 2024 |
Number of Recruiters | 40+ |
New Recruiters | 17 |
Highest Stipend | INR 7.93 Lakhs |
Average Stipend | INR 2.26 Lakhs |
Top 10% Average Stipend | INR 4.10 Lakhs |
Top 30% Average Stipend | INR 3.20 Lakhs |
Median Stipend | INR 2.14 Lakhs |
Major Sector | BFSI & IB (34%), Consulting (22%) |
Top Recruiters | Accenture, Bank of America, BCG, Citi Bank, HDFC Bank etc |
Sector-wiseย JBIMS Summer Internship Placements 2024
The majority of the offers during SIP 2024 was offered by BFSI & IB sector with 34% of the total offers, followed by Consulting with 22% and FMCG & Pharma with 20% of the total offers.
Some of the top recruiters that made offers in various sectors and the job roles offered by them are as follows:
Sectors | Top Recruiters | Job Roles Offered |
BFSI & IB | Bank of America, Barclays, Citi Bank, HDFC Bank, HSBC etc | Credit Analyst, Equity Research Intern, Investment Banking, Investment Product Analyst, Product Management etc |
Consulting | Accenture, BCG, EAC, Optum, PwC etc | Corporate Development (Strategy), Management Consulting etc |
FMCG & Pharma | Asian Paints, Hindustan Unilever Limited, Loreal, P&G, Sun Pharma etc | Corporate Finance, Distribution, General Management, Sales & Marketing etc |
IT & E-commerce | Samsung, E-Commerce, TCS, Airtel, Pine Labs etc | Innovation Evangelist, Product Management, Sales & Marketing, Strategy, Supply Chain Management etc |
Manufacturing & Conglomerates | JSW, Reliance, Slia Group, Mott MacDonald, etc | America, D. E. Shaw, HDFC Bank, HSBC, JPMC, Kotak IB, NPCI etc |
Others | โ | โ |
JBIMS Placement Report 2023: Highlights
The key highlights of JBIMS MMS placements 2023 as compared with 2022 are presented below:
Particulars | MMS Placement Statistics (2022) | MMS Placement Statistics (2023) |
Highest package | INR 42 LPA | INR 35.75 LPA |
Average package | INR 27.63 LPA | INR 28.02 LPA |
Median package | INR 26.48 LPA | INR 27.60 LPA |
Total recruiters | 75+ | 55+ |
New recruiters | 22 | 15 |
PPO / PPI offered | 65 | 132 |
Top recruiting sector | Consulting (39% offers) | BFSI & IB (43% offers) |
Top 10% package | INR 34.22 LPA | INR 33.30 LPA |
Top 30% package | INR 29.62 LPA | INR 29.30 LPA |
JBIMS Placement Comparison 2023: Top MBA Colleges
Refer the below-mentioned table for JBIMS MMS placement statistics 2023 as compared with the MBA placement statistics 2023 of other top MBA institutes:
Institute Name | MBA / MMS Highest Package (2023) | MBA / MMS Average Package (2023) |
JBIMS | INR 35.75 LPA | INR 28.02 LPA |
IIFT Delhi | Domestic: INR 76.5 LPA
International: INR 85.4 LPA |
INR 29.1 LPA |
FMS Delhi | INR 1.23 crore per annum | INR 34.1 LPA |
MDI Gurgaon | INR 60 LPA | INR 27.67 LPA |
JBIMS Average Package 2023
The average package offered during JBIMS MMS and MSc Finance placements 2023 stood at INR 28.02 LPA, whereas the average package offered during JBIMS MHRD placements 2022 stood at INR 16.5 LPA, which is also presented below:
Course | Average Package (2023) |
MMS | INR 28.02 LPA |
MSc Finance | INR 21.36 LPA |
MHRD | INR 16.5 LPA (2022) |
JBIMS Placements 2023 Sector Wise
- Around 43% of the students were placed in the BFSI and IB sectors. Some of the top recruiters in this sector are Bajaj Finserv, Citi Bank, DBS, HSBC, JM Financial, etc.
- The next most recruiting sector is Consulting, which offered 31% of the total offers. Some of the major consulting firms were Accenture, Deloitte, EY, KPMG, McKinsey & Company, etc.
- Further, the FMCG and pharma sectors received around 13% of offers from companies like Asian Paints, Colgate Palmolive, Haleon, HCCB, etc.
JBIMS Placements 2023 Batch Profile
- JBIMS Placements 2023 batch comprised 150 students, of which 85% were male students & 15% were female.
- The average age of the batch was 24 years.
- Students had 1 month to more than 36 months of work experience. The average work experience of the batch was 19 months.
The average salary trends witnessed during JBIMS MMS and MSc placements over the past three years are presented below:
Course | Average Package (2021) | Average Package (2022) | Average Package (2023) |
MMS | INR 23.16 LPA | INR 27.63 LPA | INR 28.02 LPA |
MSc Finance | INR 15.7 LPA | INR 19.35 LPA | INR 21.36 LPA |
JBIMS Placements for 2023
The list of top recruiters during JBIMS MMS placements 2023 is presented below:
JBIMS MMS Top Recruiters 2023 | |
BFSI & IB | |
Bajaj Finserv | HSBC |
Citi | JM Financial |
DBS | NPCI |
Consulting | |
Accenture | KPMG |
Deloitte | PwC |
EY | McKinsey & Company |
FMCG & Pharma | |
Colgate-Palmolive | Asian Paints |
LโOreal | HCCB |
P&G | HALEON |
Manufacturing & Conglomerates | |
Adani | Piramal |
Everest | Vedanta |
Mahindra | Reliance |
IT & E-Commerce | |
CISCO | Tech Mahindra |
EXL | CIMPRESS |
HCLTech | Pine Labs |
JBIMS Placements FAQs
Is JBIMS better than new IIMs?
The new IIMs include IIM and Shillong, IIM Ranchi, IIM Udaipur, IIM Trichy, IIM Raipur, IIM Rohtak and IIM Kashipur. If we compare the 2023 placement data of new IIMs and JBIMS, IIM Ranchi, IIM Trichy, IIM Raipur, and IIM Kashipur offered better packages than JBIMS.
Does JBIMS really provide 100% placements with good average salaries?
The overall average package offered to the students during JBIMS summer placement 2024-26 is 4.40 LPA. Additionally, JBIMS recorded 100% placements for MMS program. Further, the average final package offered over the previous three years for MMS and MSc programs are given below:
For MMS is was Rs. 27.63 LPA in 2022 and Rs. 26.12 LPA in 2024. For MSc program the average final package in 2022 was Rs. 19.35 and in 2024 it is Rs. 18 LPA.
What is the average age of MBA students in JBIMS?
The average age of the JBIMS 2021-23 final placements batch is 24 years, JBIMS 2022-24 summer internship batch is 24 years.
What is the highest package in JBIMS Finance?
During JBIMS M.Sc Finance Placements 2023, the highest package stood at INR 27 LPA. The highest package was about Rs. 87 LPA during the 2024 placement for the Master of Management Studies.
What are MBA fees in JBIMS?
The MBS course in JBIMS is known as MMS and its fees is around Rs.ย 6.10 Lakhs for the two-year program. This may vary for other programs like MHRD or Part-Time MMS. The fee is for the entire course duration.
How many seats are in JBIMS for MBA?
There are approximately 150 to 160 seats for MBA or MMS program at JBIMS.ย These seats are allocated through the MAH MBA CET exam. A majority of these seats are kept reserved for students from Maharashtra and the remaining seats for students from other states.
Why is JBIMS called CEO factory?
Jamnalal Bajaj Institute of Management Studies has a track record of giving many successful alumni who are working at the top leadership positions, such as CEOs and managing directors. This has given JBIMS its reputation of “CEO Factory” over the years and has proved the quality of its management education.