About MSc in Finance Course:
On the recommendations of Prime Minister’s Office, the M.Sc. Finance programme is first of its kind Masters’ Degree in Finance offered in India by JBIMS. As a result, this programme attracts some of the very bright students from leading institutions across India.
The programme offers individuals (even from non-finance backgrounds), an inimitable opportunity to gain a comprehensive foundation and ensuing depth in the field of finance. This in-depth knowledge matches the requirements of finance industry in terms of domain expertise.
To sum it up, students are polished into industry ready material that makes them a sharp decision maker; someone able to grasp the finer details, as well as their significance to the bigger picture in organisations they work.
The candidate should be a graduate in any faculty having scored a minimum of fifty per cent of marks and should have opted for mathematics at the higher secondary level or at least at the first year of the degree course.
Candidates who are appearing for the final year examinations may also apply but their admission will be confirmed only after the eligibility criteria mentioned above is fulfilled.
Finance as a field of study has strong roots in other scientific fields such as statistics and Mathematics. Modern financial theories, such as the Black Scholes model, draw heavily on the areas of physics, statistics and mathematics such as Brownian motion and stochastic calculus; their very creation would have been impossible if science hadn't laid the initial groundwork.
Also, theoretical constructs such as the capital asset pricing model (CAPM) and the efficient market hypothesis (EMH) attempt to logically explain the behaviour of the stock market in an emotionless, completely scientific manner
10 things to know about JBIMS MSc finance
Two years full time course comprising of foundation course and four semesters which is more enriching than mba finance program and follows cfa level curriculum. Cetking considers msc finance program at par with jbims mba finance.
Candidate should be a graduate in any faculty having scored a minimum of Fifty
percent of marks and should have opted for Mathematics at higher secondary level at least at the first year of the degree course.
3. Number of seats 30
With only 30 seats placements will never be a problem at JBIMS. Anyone in india can apply for open seats (15 seats) no oms or outside students criteria. However the reservation criteria shall be as per Government norms ie only for Maharashtra students. Example Delhi based student can apply for only open seats.
4. Entrance test
JBIMS is accepting CET scores so everyone has equal opportunity to crack the exam. In fact chances are more as there is GDPI even students with 99%ile have equal chance to convert.
5. GDPI stage
Every student who sits for the exam will be invited for gdpi. Which will comprise of short interview and case study discussion. Exam and gdpi has to be taken in the college itself so outstation students need to come for 2 3 days. Jbims has written test and gdpi back to back so won’t give u enough time to prepare for case studies.
Case studies is different from GD.. everyone is going to fight and argue like a GD as most of the students forget that it’s a case study discussion not generic group discussion. You should know and master all 4 types of cases.
A. HR case… employee resigned how to stop
B. Sales case… sales falling how to stop
C. Strategy case… MNC want to expand into india make an extension strategy
D. Generic case… discuss steps to reduce pollution in a city..
All case studies revolve around these 4 types of cases..
Cetking students should see all 6 workshop on case studies in your login id to get comfortable in approaching case study… see all online videos and make notes. Remember to draw fish bone diagram or Porters model during GD.
6. Application form (tentative dates)
Form can be downloaded on jbims website jbims.edu or from the college on payment of Rs.1500/- (inclusive of Admission Process) May on all working days (except 2nd & 4th Monday).The candidate is required to pay Rs. 1500/- at the time of submission of dully filled form, towards fee admission process. The above fee may be paid in cash or by demand
draft in favour of “Director,JBIMS” payable at Mumbai.
With jbims brand name placements should not be worried especially in finance sector. Loads of companies are coming common for msc finance and mba finance. Banks are giving equal weightage to msc finance program now. Average is touching 15- 16 lacs.
8. How to study and study material
Cetking has launched shortcut workshops for CET.
Call Thane – 09930028086, Vashi – , Dadar – 09167917984, Vile Parle – 09833579791, Borivali – 082919 84030, Pune – 09022342214, Nashik – 08796489499. Cetking.com/contact
Books and Online Programs
Call 09594938931, 07045094141
Or Buy online directly https://www.cetking.in/product-category/cet/
9. PI skills
There were 10 types of questions on which interviews revolved at jbims last year:
Why marketing finance hr
Profile based (workex related questions or extra currics based if fresher)
Technical questions (do prepare atleast one subject)
Hobbies and interests
Goals in life
Idol in life
Current affairs (last one month)
In cetking login id there is a dedicated video on each of these most important questions please make your answers according to them. So don’t leave any stone unturned.. PI is make or break round.
10. Weightage of Written Test and GDPI.
It’s not clear yet but mostly they will follow what they did last year. Last year JBIMS took CET and CAT scores so following table will help in knowing the weight age of each section. Just replace cet cat with their own exam. Written test weightage only 36%. Personal interview 30%.
Pattern and Syllabus of the MSc Finance test
The eligibility test will comprise of an objective written paper. Candidates will be called for a personal interview and/ or group discussion. The test will be based on General Awareness, Quantitative Ability, Logical Reasoning and Language skills.
- Quantitative Ability: Numbers, Percentage, Ratio Proportion, Averages, Profit Loss Discount, Simple and Compound Interest, Mixtures-Solutions/Alligations, Time and Work, Time Speed Distance, Algebra, Geometry and mensuration, Permutation Combination, Probability, Miscellaneous topics, etc.
- Logical Reasoning: Blood relations, Series, simple and complex arrangements, syllogisms, missing data tables, abstract reasoning, critical reasoning, odd man out, puzzles, etc.
- Language Skills: Reading comprehension, grammar, sentence correction, vocabulary, verbal reasoning, fill in the blanks, etc.
- General Awareness: Current affairs of 2017 and 2018, Static GK and business awareness, etc.
In 2017, the test was conducted on the 20th of June. The test had 100 questions and the duration was 2 hours. The GD and PI were conducted from 21st-23rd of June.
JBIMS MSc Finance cut off
Most probably JBIMS MSc finance will be conducting their own exam which contains written test, GD, Personal Interview and Written ability test. Last year JBIMS took CET and CAT scores so following table will help in knowing the weight age of each section.
Mumbai University MSc
Mumbai University (MU) is set to introduce MSc in Finance, a course it claims will be the first of its kind in the country. The course will be officially launched Monday at Jamnalal Bajaj Institute of Management Studies (JBIMS), Churchgate.
The decision is part of the UGC and central government initiative to make Mumbai an international finance centre. “Several institutes in the UK and US offer the course. It will be a Master’s degree and will be designed to prepare graduates for careers in financial analysis, investment management and corporate finance. The course will initially be offered only at JBIMS,” said a senior MU official. “The course is called Master in Finance (M.Fin) or Master of Science in Finance (MSc in Finance). More details will be announced Monday,” said the official.