Jamnalal Bajaj Institute of Management Studies

There is no such thing happening
Please do not trust rumours. It can be.

No
It will not matter in any way for placements or admissions

The cutoff through MAT will be much higher i.e 99.99 percentile.

It's about personal choice
I will Suggest JBIMS because the fee is lower, batch strength is small and location advantage helps to attract best companies to campus.

Hostel life is good
The cost of a room will depend on location, area, and other factors
If three people share the room, per person would be Rs.8-10k
Hostel charges would be Rs.20k per year

Work experience is not mandatory. One to two years is ideal work experience.
The average salary is Rs.17 lakhs per annum.

Generally its above 320 In cmat.

Hi Gunwant, the cutoffs for the year 2014 are as below -
General Open Home University - 99.85,
General OBC Home University - 98.46,
General Open Other than Home University - 99.85,
General SC Home University - 97.33.

75% to 95% is well and you can get this

Dear Abhishek, if you want you can go for specialization in Systems (IT) or you can also go for other specializations like Finance, Marketing or Operations. Frankly speaking JBIMS is more known for Finance and Marketing. As far as placements are concerned, there a few companies who do offer profiles in IT.