Which is the best MBA college in Mumbai among: JBIMS, SPJIMR and NMIMS? Which college among these have highest ranking?
Posted On - May 17, 2021It is a close call between SPJIMR and JBIMS. NMIMS is not in the same league as these but it is a decent B-School and ranked among the top 30 in India. JBIMS has the highest rank. Indiatoday 2021 ranked the institute 12 for MBA.
JBIMS offers better ROI. Course fees for the institute are INR 6.05 Lakhs. While the average CTC for the institute is INR 27 LPA, according to JBIMS placements highlights of 2022. If you are interested in Finance, you should choose JBIMS.
If you are interested in Marketing and Ops, you should go for SP Jain.
Among the above three institutes, JBIMS is the best choice, considering the factors of ranking, placement, and quality of the institute. The table below gives a brief level of comparison among the institutes.
|
Particulars |
JBIMS |
SPJIMR |
NMIMS |
|
Total Fees (MBA) |
Rs. 7 Lakhs |
Rs. 17.5 Lakhs |
Rs. 20.8 Lakhs |
|
Median Salary Offered |
Rs. 22 LPA |
Rs. 22 LPA |
Rs. 18 LPA |
|
Highest Salary Offered |
Rs. 34.36 LPA |
Rs. 51 LPA |
Rs. 38.57 LPA |
|
Cut-off |
CAT - 95 percentile MH CET - 95.37 percentile |
CAT - 92 percentile XAT - 9.5 percentile |
NMAT - Score-200 |
Key Highlights:
- Overall, JBIMS is considered to be the best, followed by SPJIMR. NMIMS comes somewhat far from these two in terms of several factors.
- JBIMS is comparable to institutes like IIM A, B, C, L, XLRI, FMS, etc, which are said to be in the crème de la crème category.
- There are different types of references for these institutes when specific specializations are considered. They are as follows:
JBIMS > SPJIMR > NMIMS (Finance)
SPJIMR > JBIMS > NMIMS (Marketing)
JBIMS = SPJIMR > NMIMS (Operations) - In marketing, SPJIMR and JBIMS are almost the same in terms of opportunities and facilities provided by the institutes.
Therefore, a clear order of preference is stated above, in general, and according to specializations too.
