JBIMS vs ICEM

Fees, placements, ranking and admissions for JBIMS Jamnalal Bajaj Institute Of Management Studies Mumbai and Indira College of Engineering & Management Pune, side by side.

Data last updated 11 Oct 2026

JBIMS Jamnalal Bajaj Institute Of Management Studies Mumbai

Mumbai, Maharashtra · Private

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Indira College of Engineering & Management Pune

Pune, Maharashtra · Private

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Side by side.

	JBIMS	ICEM
Location	Mumbai, Maharashtra	Pune, Maharashtra
Type	Private	Private
Established	1965	2007
Approvals	AICTE	AICTE, NAAC
MBA total fee	₹7 L - 8.12 L 2 year	₹3.38 L - 4.12 L 2 year Better here
Highest package	₹55.6 LPA Better here	₹9.50 LPA
Average package	₹26.48 LPA	—
Median salary (NIRF)	₹26.15 LPA	—
Entrance exams	CAT, XAT, CMAT, MAT	CAT, XAT, CMAT, MAT, GATE, JEE-Main
Courses offered	1	2
Facilities	A/C Classrooms, Sport Complex, Cafeteria, Hostel, Labs, Sports	A/C Classrooms, Sport Complex, Cafeteria, Hostel, Labs, Transport Facility

“Better here” marks only lower fees and higher reported packages. Packages are as reported by each college or NIRF and vary by year and specialisation.

In short…

ICEM is cheaper for MBA, by about ₹3.6 L in total fees compared with JBIMS.
JBIMS reports the higher highest package (₹55.6 LPA).
Both accept CAT, XAT, CMAT, MAT, so one exam score can get you into either.

Numbers alone don't decide it. Talk to someone who studied there before you choose.

Talk to alumni of both Check my chances

About the two colleges.

JBIMS Jamnalal Bajaj Institute Of Management Studies Mumbai

The Institute was founded in 1965 by the University of Mumbai. JBIMS has been a pioneer in management education. JBIMS is consistently ranked among the top 10 premier B-schools in the country with a legacy spanning over the past 52 years. India’s first full time 2-year Masters in Management studies (MMS) was started in JBIMS under the stewardship of the late Dr. K. S. Basu. Being one of the oldest Bschools in I…

Fees, cutoffs and reviews of JBIMS

Indira College of Engineering & Management Pune

Indira College of Engineering and Management (ICEM), Pune is an AICTE approved engineering college in Pune, established in 2007 under the umbrella of Indira Group of Institutes. The institute is approved by All India Council of Technical Education (AICTE), New Delhi, recognized by Government of Maharashtra and is affiliated to SavitribaiPhule, Pune University. If you are looking for engineering admission to an engine…

Fees, cutoffs and reviews of ICEM

Quick answers.

What is the MBA fee at JBIMS and ICEM?

JBIMS: ₹7 L - 8.12 L total. ICEM: ₹3.38 L - 4.12 L total. Fees are the total course fee from each college's latest data on MyCampusReview.

Which has better placements, JBIMS or ICEM?

JBIMS reports a highest package of ₹55.6 LPA and an average of ₹26.48 LPA. ICEM reports ₹9.50 LPA. Packages vary by year and specialisation, so ask alumni about recent placements.

Which exams are accepted by both JBIMS and ICEM?

CAT, XAT, CMAT, MAT.

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