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I have been selected by Globsyn Business School for their MBA program. Please advise is it worth taking admission there?
What is the difference if I choose FMS (Delhi), JBIMS (Mumbai) or SJSOM-IIT Bombay over IIM-B, SPJIMR and other such institutes that charge hefty for MBA courses?
Choosing a B-school can be a tricky decision especially when it comes to ROI. I understand that ROI is one of the most important factors when it comes to MBA courses since funding your education with loans come with its own set of challenges. But the institutes that you have mentioned above certainly surpass the challenges since they belong to the tier 1 category.
You might come across articles and blogs stating that FMS or JBIMS do not provide a typical MBA environment but for me, that discussion does not even make sense. What is an MBA environment after all? You spent 2 years of your life at the campus and wish to land a good job. FMS, JBIMS, and IIT Bombay all three have good market reputations, they home the best candidates and charge minimal fees. So, if ROI is even a little bit of a concern for you, go for these colleges without any second thought or regret.
Is TAPMI Manipal worth it for a PGDM General with 4 years of experience in IT?
Having work experience while pursuing a PGDM program always helps in the right ways. With your extensive work experience, you will be able to grasp and relate to the various mix of subjects taught at TAPMI during the 2 years, which will help you make an informed decision about which domain you would want to join after your program.
Not to mention the fact that, with your skill sets and education, you will be able to grab cushy IT consultant or Project Manager roles in companies.
Which course should I choose between IIML ABM, SPJAIN IM and IIM Shillong PGP?
No matter which B School you choose, PGP is always a better choice than ABM. But there might be a specific reason why you got an ABM offer rather than a PGP. But at IIM Lucknow, students of both programs are offered equal opportunities. These include final placements. summer placements and subsequent PPOs.
The major drawback of ABM is that you are deprived of the PGP electives and can cover ABM electives only. These electives cover strategy marketing and operations.
Talking about your offer from SP JAIN for IM, let me tell you that in this regard, IIM Shillong is a much better choice. Its campus in Dubai is a testament to its worth.
How is IIT Delhi MBA compared to IIM Trichy and Ranchi?
My friend recently joined DMS, IIT Delhi to pursue MBA despite getting calls from almost all the new IIMs. She based her decision on the following factors
ROI: I think this is an underestimated factor people don’t stress enough. When you are comparing colleges on the same wavelength, it’s the ROI that can make the difference prominent. Apparently DMS, IIT Delhi enjoys an ROI of 180%.
Placements: DMS has great placement opportunities. The stats below prove it
|
Particulars |
Statistics |
|
Placement Percentage |
100% |
|
Highest CTC |
INR. 36.70 LPA |
|
Average CTC |
INR 21.90 LPA |
|
Median CTC |
INR 20.60 LPA |
|
Top Industry |
Sales & Marketing, Strategy & Consulting |
|
Top Companies |
Rockwell Automation, Texas Instruments, ICICI, Optum, Medtronic, GE Healthcare |
The placements for the Operations and Supply Chain accounted for 17.3%. The highest number of students had work experience in the Information Technology industry followed by the Supply Chain & Operations industry.
Ranking: DMS, IIT Delhi is ranked 5 in the NIRF ranking and also ranks higher than all new IIMs in
most of the CAT coaching institute rankings. It has a rich research culture giving it the 3 positions in the QS world rankings.
Batch size: DMS has an average batch size thereby increasing the scope of interaction. It also enjoys location advantages, not making it difficult for big industries to visit the campus for recruitment.
Choice between Great Lakes PGPBA and IIM Calcutta EPBA. Which one to choose?
The BA course has been recently initiated at both institutes. Without second thoughts, Great Lakes has top-notch faculty who handle the courses meticulously. But the competitor IIM Calcutta makes the discussion more difficult.
The only difference between the two courses is that IIM Calcutta has probably started the BA course because of its flagship PGPM program under the IIMC brand. Whereas Great Lakes BA is another flagship program. So the focus might be better.
Choose IIM Calcutta if you are willing to attach yourself to its brand name for the rest of your life.
Which is a better college for PGDM ITM, Navi Mumbai or IFIM Bengaluru or IPE, HYD?
I have rated below these business schools on a scale of 1 to 10, where 1 is the lowest rating and 10 is the highest:
- ITM Navi Mumbai- 7
- IPE Hyd- 6.5
- IFIM Bangalore- 6
In terms of expenses, ITM Navi Mumbai is a bit less affordable than IPE Hyd for your PGDM. However, as a future manager in making, what you should consider is the ROI.
Here are the course fee and placement details for PGDM at these institutions-
|
Particulars |
ITM Navi Mumbai (2022 placements) |
IPE Hyderabad (2023 placements) |
|---|---|---|
|
Course Fee |
INR 10.95 Lakhs |
INR 8.15 Lakhs |
|
Placement Percentage |
100% |
77.77% (as on June 23, 2023) |
|
Highest Package |
INR 21 LPA |
INR 24.75 LPA |
|
Average Package |
INR 8.65 LPA |
INR 7.1 LPA |
|
Top Recruiters |
Amazon, Shoppers Stop, TNS, Kotak Mahindra Bank, JP Morgan, and LG |
- |
IFIM Bangalore offers an MBA with a course fee of INR 9 Lakhs. It also offers integrated- BBA+MBA and BCom+MBA.
For ITM Navi Mumbai, its proximity to Mumbai is a big advantage. Mumbai is the financial capital of India and has a bigger job market as compared to Hyderabad.
Therefore, for your PGDM, go for ITM Navi Mumbai.
Should I pursue ACM from NICMAR Pune by taking a loan?
NICMAR does not give 100% placement. You can confirm this from any of the graduates from the institute.
- At NICMAR, for a PG in the quantum survey program at Hyderabad, you will get a package of 4 lakhs minimum. For ACM and other two years program packages, it will reach around 4.5 to 6.5 lakhs per annum.
- Various companies like Asian paints, Hilti pay around 12 to 14 lakhs per annum along with Skoda but it is only for business development profile. As per the information above, you can get a minimum package of 4 lakhs if you are a fresher with an average academic record.
- Therefore, if you have not taken out a large loan and you feel that with a bit of savings and a package of 4 lakh you will be able to pay off the loan, then go for it. But if you belong to a middle-class family and plan to take a loan of 14 to 16 lakhs then this will not be a wise move for you.
- The situation of the industry is not good at all. L&T, Shapoorji Pallonji, and some other companies are the only ones that pay the salary on time. Various companies like simplex, HCC have a 1 to 3-month delay in paying salaries to their employees. A lot of graduates tend to start from site execution as Assistant project managers but the work pressure is too much for them and they give up after 1 to 1.5 years.
- From the current CTC, the hike is not that much and somewhere around 12 to 15%. There are various engineers from NICMAR with 10 to 12 years of experience who are still working with an 80,000 salary in a construction company as AGM/ GM. A lot of graduates also join corporate interior companies with a package that is even lower than the construction company.
So, it won’t be wise to opt for a two-year ACM or any other program if you belong to a middle-class family and plan on taking a loan. You can rather go for a PGP quantity survey which is for one year or you can study hard for CAT and opt for MBA from a level 1 B-school where you will be paid well and will have strong career growth.
What should I choose between SIBM Bangalore and BIMTECH PGDM-IB? How are the placements for the same?
BIMTECH’s PGDM in International Business is its flagship program. Admission is done through CAT/ XAT/ GMAT followed by further scrutinization via BIMTECH WAT and personal interviews. The two-year program offers students the specializations in International trade, Marketing, Finance and Operations.
MBA in HR is the flagship program of SIBM Bangalore, ranked among top 50 B-Schools in the country. There are various specializations offered under PGDM such as HR, Business Analytics, Operations Management, Financial Management. The international collaborations with universities from countries like France, USA, Germany help improve global outlook and earn recognition at the global platform.
Tabulated below is a brief overview of both institutes:
|
SIBM-B |
BIMTECH |
|
|
ESTABLISHED |
2008 |
1988 |
|
RANKING |
50-100 |
47 |
|
FEES |
14.50 LACS |
11.50 LACS |
|
TOTAL SEATS |
300+ |
400+ |
|
AVERAGE PACKAGE |
9.80 LPA |
11 LPA |
Placement Statistics:
SIBM Bangalore
- 200+ companies participated in the recruitment process, top recruiters were ITC, JP Morgan, Dell, Bloomberg, DHL
- Deloitte, Atkins Global, Fitsource, H&M offered roles in the field of Talent acquisition, Training and Management, Organisational Transformation.
- Average CTC increased to 9.79 LPA last year
- Highest domestic CTC at offer was 26.8 LPA while highest international CTC was 70 LPA
- 100+ companies took part in the summer internship drives offering highest stipend of 1.6 lacs and average stipend of 47k
- Highest recruitments were made by the FMCG sector (26%), followed by Consultancy (24%) and BFSI (23%)
BIMTECH
- Average placement rate has been over 90%
- Highest international CTC offered was 23 LPA while that of domestic was 18 LPA
- Amongst the 100+ companies took part in the recruitment process, Landmark Home Centre, BigBasket, Oppo, KPMG, Amazon were the top recruiters
- BFSI and IT& Operations were highest recruiting sectors with 24% and 19% of the total recruitments respectively
Which college should I choose for my MBA? SOIL PGDM, BIMTECH Insurance Management, or SIBM Nagpur?
All these three colleges come under the tier 3 or 4 categories of B-schools in India and provide more or less similar opportunities. Choosing the correct MBA college which is a good fit for you depends on a number of factors such as career goals, subject interests, financial constraints, the brand name of the B-school, and location preferences.
Here is a detailed comparison of the three colleges.
|
Factors |
SOIL |
BIMTECH |
SIBM N |
|
Location |
Gurgaon, Haryana |
Greater Noida, Uttar Pradesh |
Nagpur, Maharashtra |
|
Accreditation |
AMBA, SAQS |
AICTE, AIU, NBA |
NAAC, AIU, and Symbiosis |
|
Program Offered |
PGDM (General Management) |
PGDM (Insurance Management) |
MBA (Marketing/Finance/HR) |
|
Average Placement |
9.7 LPA |
11.25 LPA |
11.5 LPA |
|
Top Recruiters |
Deloitte, PwC, KPMG, EY |
ICICI Lombard, HDFC Ergo |
Accenture, Deloitte, Wipro |
|
Faculty-Student Ratio |
01:10 |
01:08 |
01:10 |
|
Fees |
13.4 Lacs |
13 Lacs |
18.5 Lacs |
Based on the above comparison SIBM Nagpur seems to be the best out of the three options.
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