People there usually have a monthly spending of 50K if they have a vehicle/bike and eat out almost every day. If you don’t party or eat out, you could last on less than 4000 rupees/month. A person living frugally for 22 months could only possibly need to spend 79K. You will also have to pay 500–600 per person every month for power. This is possible to manage in a large non-AC room. In conclusion, it’s definitely possible to live without spending a whole deal of money at TAPMI.
Student strength, ROI, average package, campus, faculty-student ratio, alumni base, and placements determine the candidate's college choice.
Due to its low student population and one-year flagship programme, the Great Lakes Institute of Management (GLIM) is the top college. GLIM also attracts prominent firms for placements. If the candidate can afford it, they should select it.
T.A.pai Management Institute (TAPMI) has a gorgeous campus and fun classes, however its ROI is lower than other universities. Due to the huge student intake, not everyone may find a favorable placement.
Bharathidasan Institute of Management (BIM) Trichy boasts a low tuition, strong alumni, and high placements at McKinsey and Asian Paints. For individuals interested in South Indian culture, BIM boasts a great faculty-student ratio.
SIMSR's average package is 10 LPA. However, those with more than two years of experience may feel underpaid.
LIBA has low tuition but a lower average package than other institutions. If no other option exists, the applicant could choose LIBA.
IMNU offers good placements and stress-free student life.
Among these, TAPMI is the obvious choice. Compared to IIM Sirmaur, it is older and has a well-developed alumni base. The institute has a remarkable placement record. TAPMI placements 2022 shows the average package to be INR 12.6 LPA. While the highest CTC offered this year was INR 32.2 LPA. Capgemini, HCL, and Accenture are some of the major recruiters that took part in the placement drive.
Baby IIMs such as IIM Sirmaur fall behind in terms of academics, curriculum, and faculty.
From the above-mentioned management institutes, TAPMI and IMT-G are good for Finance. Given below is a brief comparison of the three institutes.
Criteria |
TAPMI |
IMT-G |
KJ Somaiya |
Course type |
PGDM |
PGDM |
MBA |
Accreditation |
AICTE, AMBA, AIU |
AICTE, NBA |
NBA, UGC, AIU |
Total course fee |
14.3 lakhs |
17.50 lakhs |
14.93 lakhs |
CAT cutoff |
80 |
90 |
86 |
No.of seats |
60 |
60 |
60 |
Average salary package (per annum) |
12.7 lakhs |
13.16 lakhs |
10.08 lakhs |
Recruiters |
Accenture, Amul, HDFC, Citi Bank, HCL, Deloitte, KPMG, etc. |
Aditya Birla, Airtel, ITC limited, Bisleri, Amazon HDFC, etc. |
Citi Bank, Alliance tire group, Dell, Cisco Systems, CROPA, etc. |
TAPMI offers excellent infrastructure for Finance. There is a separate laboratory that provides real-life hands-on experience. It also offers good core placement in the finance sector due to its close proximity to Mumbai. IMT-G considered having the best facility and better faculty profile than any of the good B-Schools in India. Also, IMT-G has a better placement record than TAPMI and KJ Somaiya.
The placement record at three of these management institutes is quite impressive and especially at IMT, they offer an average salary of up to 13.16 lakhs per annum whereas in TAPMI the average CTC is about 12.7 lakhs p.a. KJ Somaiya provides an average salary package up to 10.08 lakhs p.a.
Given a choice between the mentioned colleges, the best institution for Finance will surely be TAPMI School of Business for various reasons.
Let us first have a look at some statistics about all the three colleges.
Particulars |
TAPMI |
IMT-G |
KJ Somaiya |
NIRF Ranking for MBA 2020 |
27 |
37 |
56 |
Placement Rate |
100% |
85% |
70% |
Average CTC |
12.7 LPA |
12.5 LPA |
10.8 LPA |
Fees |
INR 15.1 Lakh |
INR 17.55 Lakh |
INR 14.93 Lakh |
TAPMI:
Laboratories: One of the most exclusive reasons for choosing TAPMI is a well-equipped Finance Lab which helps students gain hands-on experience and understand core financial concepts through practical studies as opposed to only theory. The lab is equipped with 16 Bloomberg terminals and 7 Thomson Reuters terminals.
Curriculum: The course curriculum for PGDM BKFS at the institute is CFA C-BOK (certified body of knowledge) and FRM (Financial Risk Management) certified and meets the latest global industry standards.
Faculty: The program in Banking and Finance is backed by experienced faculty members who have years of experience in academics and industry.
Accreditation: It is one of the few management institutions in the country to have a two-tier global accreditation, i.e AMBA, and AACSB.
Extra-Curricular: The institute organizes multiple events, workshops, and industry visits to provide students with a well-rounded experience. Student managed investment funds and multiple club activities are all part of the module in finance.
IMT-G:
It offers a PGDM program in Finance that has an industrial and financial backing overlooking a high number of companies for recruitments but fails to provide a high placement rate considering an exceptionally high batch size, which keeps the majority of the students from getting a full-time job.
It observes the highest placements in the marketing department and sees very few core companies for finance, with corporate finance and banking jobs marking the minority. Apart from the brand name of IMT, it is not considered to be the best institute for a program in Finance.
KJ Somaiya:
The institute offers PGDM programs in Finance which are well-structured but fail to impress in terms of management and placements. While the fee structure of the program is lower compared to the other institutes, it observes many good companies as part of their recruitment drive due to the location, but still has an overall low placement rate within the Finance sector.
Given the three options, the best institute for a program in Finance would definitely be TAPMI School of Business for the well-structured curriculum, good placement opportunities, and facilities provided.
No, TAPMI does not provide any laptops to their students. As far as I know and when I last checked TAPMI Manipal does not provide laptops to its students and it has not provided in the past as well.
But you can use the discounts provided to students while buying laptops for almost all the brands, anytime during the course time. You can take loans from banks, to buy laptops as well.
Many universities and colleges do have policies or programs to help students to obtain laptops or provide them with laptops directly and some other necessary technology, but this varies depending on the institution and its resources. For the latest update, it is advisable to reach out to the school directly for the most up-to-date and accurate information, and research before joining the college. Hope it answers your question. Cheers!
TAPMI is better, as it offers you a great campus life. The crowd is suitable to make connections and you can really groom yourself, plus TAPMI has a great culture of clubs and committees so that you can learn actual management skills.
TAPMI has very good faculties and their curriculum is also appropriate as per the industry requirement. The placements offered by TAPMI are better than the others, many big companies like Accenture, Deloitte, Ford, TATA visit the campus for placements.
TAPMI, FORE, and IMT-DCP are some of the top institutes IN India offering PGDM (MBA) courses. All the above-mentioned institutes have their own perks. TAPMI is the better choice for Finance specialization. FORE has a location-wise benefit as it is located near the capital and industrial hub. Whereas, IMT-DCP offers international exposure. In general, TAPMI and FORE have better ROI, brand value, location, and placement as compared to IMT Ghaziabad.
Given below is the comparison of these colleges for pursuing an MBA.
Parameters |
TAPMI |
FORE |
IMT Ghaziabad |
Established |
1980 |
1981 |
1980 |
Accreditation |
AICTE, AIU |
AICTE |
AICTE |
Rankings (as per NIRF) |
27th |
43rd |
37th |
Course fees (1st year) |
INR 7 LPA |
INR 15 LPA |
INR 10 LPA |
Entrance Exam |
CAT/GMAT/XAT |
CAT/GMAT/XAT |
CAT/GMAT/XAT |
CAT cutoff percentile |
80 |
85 |
90 |
Eligibility |
50% marks in graduation |
50% marks in graduation |
50% marks in graduation |
Selection |
WAT, PI |
WAT, Business Awareness Quiz, PI, Extempore |
GE, PI |
Highest CTC |
INR 20 LPA |
INR 30 LPA |
INR 34 LPA |
Average CTC |
INR 11.54 LPA |
INR 10.60 LPA |
INR 13.7 LPA |
Top recruiters |
Microsoft, HDFC Bank, Amazon, CTS, Wipro, Byjus, etc |
Infosys, Capgemini, Genpact, HCL, Mahindra, Asian Paints, etc |
Paypal, GroupM, Hero Fincorp, HDFC Bank, etc |
It majorly depends on whether you have received the offer letter for the PGDM 2 years course or PGPM 1-year. If you have 2 year course from both of the colleges then go for TAPMI. But if you have an offer letter for PGPM 1-year course then go for Great Lakes, Chennai.
If we compare these colleges based on placements, batch size, location, and alumni network then IMI Delhi is the better choice.
Both IMI Delhi and TAPMI are reputed B-Schools and offer almost equal opportunities but IMI Delhi is better.