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JBIMS Expected Cutoff Requirements 2024
JBIMS will release the CAT, GMAT and MAH-CET cutoff for PG management courses after the exams have been conducted.
| Student Category | CAT Score (Percentile) | MH-CET Score (Percentile) |
| General | 95 | 95.37 |
| Reserved (SC/ST/OBC) | 75 | 90 |
| Physically Disabled | 75 | 85 |
| PIO and children of Indian workers in Gulf countries | 85 | 85 |
Components and Weights: Evaluation of Candidate’s Profile (AR)
| Components | Weights |
| CAT / MAH-CET Score | 60 |
| Marks in 10th, 12th and Graduation | 15 |
| Extra-curricular / Work Experience | 20 |
| Diversity | 5 |
| Total | 100 |
Is An MBA Just A Gateway Drug? Do The Benefits Outweigh The Costs Of An MBA?
According to a U.S. News & World Report article titled, U.S. Data: Salary Prospects, Job Rates for MBA Grads (looking at 2016 data), “Eighty-eight percent of those students were employed within three months of graduating.” MBA grads are also enjoying big bucks. “For many students, an MBA leads to a… six-figure salary.”
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The Graduate Management Admission Council (GMAC) also noted that “… 58 percent of employers plan to increase starting base salaries for new MBA hires in 2017.” So, what are you waiting for? Is an MBA in your future?
Profile Of An MBA Student
U.S. News & World Report also publishes an annual survey regarding MBA schools and students. In 2016, they found that close to 90% of the new full-time MBA students had over four years of work experience whereas almost all of the executive MBAs had over 13 years of work experience. As far as demographics are concerned, women are filling the ranks, but still lag behind male enrollment at approximately 37 percent.
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The great news for all MBA students is that salaries for graduates are huge (in comparison to those with a four-year undergraduate degree). The consulting industry topped the list, with grads earning an average salary of almost $127,000 per year, and financial services came in a close second at approximately $116,000. Now, granted, the students earning the highest salaries also attended the top business schools.
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Unfortunately, with this new-found wealth, also comes new-found debt. “Tuition and fees at a top-20 b-school runs from $34,000 to $69,000 a year, but most of the programs cost between $55,000 and $68,000 a year,” according to U.S. News & World Report. Poet’s and Quants, noted in an article entitled, MBA Debt Burden Looms Larger Than Ever, that “Graduating MBAs are shouldering more debt than ever, so much so that a record number of the leading business schools now decline to even share the embarrassing burdens they have put on their students.”
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Poet’s and Quants also managed to back up their debt burden claim with some important data. They report that the University of Pennsylvania’s Wharton School came in at the high, with student’s carrying $122,370 in debt. Suffice it to say, that although salaries are running 6-figures, so is the debt-burden for many grads.
Should I Go To The Buffet Or A Specialty Restaurant?
Daniel Kurt, in his Investopedia article, Finance vs. Economic Masters vs. MBA, indicates that there is a debate as to whether or not it is better to get a general MBA or to get an advanced targeted graduate degree in let’s say, a Master of Science in Finance. My take on this is that you, as the student, have to decide if you want more flexibility to pivot within many industries.
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You may start out in the financial services world and then want to move into, for instance, entrepreneurship. For flexibility, I’d recommend looking at a school that will offer you the smorgasbord of a bigger career landscape. That said, focusing on one specific industry may offer growth with sophisticated research and analytical tools catering to quicker advancement opportunities, for instance. If you do want to specialize, you may have to consider not only a specific Master’s degree, but also a Ph.D. as well.
Should You Get An MBA?
Here is an equivocation; it depends. I’ll go back to my food analogy. If you want food, you can either go to an expensive restaurant or to a fast food restaurant. At both venues, you will be getting food. Will the pricey restaurant nourish you the same way? You have to select food and be in the right mindset to experience the ambiance and culinary delights. Most likely, the food value will be the same (okay, I know organic food is healthier, but I’m losing myself in this analogy!). It’s the same with an MBA. Is the experience going to be exceptional? I think so, but you have to make it so. Will you probably get a job faster than not having the degree? Again, the odds are with you. According to GMAC, “Nearly 8 in 10 (79%) employers expect to hire MBA graduates in 2017. Of this group, 78% plan to hire as many or more of these candidates than they did in 2016.”
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Frankly, I know that it is hard not to look at the money, but I have a hard time putting a price on your education which is something you will benefit from for a lifetime. I won’t quote the famous advertisement, but it is indeed “priceless.”
Why Is An MBA Described As A Gateway Drug?
Your MBA is a great “gateway” to a career, but it is not the end of your journey. You will have to “get off your assets” and continue your education for a lifetime. The world is moving at warp speed in almost every profession. In fact, I can’t think of even one industry that will not require continuing education. You better make sure that you are keeping up with the new crop of students and workers that show up. By the way, don’t just associate learning with formal education; you will be left behind. Knowledge can be acquired almost anywhere and should take place forever. Commit yourself to lifelong learning and development, both personally and professionally.
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You do need to congratulate yourself if you have just graduated with your MBA. It is a big deal and a great accomplishment; I’m not diminishing it in any way. That being said, it is a credential; an MBA is a ticket to the next stop, not to the end-of-the-line. Albert Einstein, the Physicist and Nobel Laureate said it more eloquently; “Learning is not a product of schooling but the lifelong attempt to acquire it.”
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